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2021-06-28

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Better Buy: Activision Blizzard vs. Take Two

2021-06-03

huat

What You Should Know About Upstart Holdings' Valuation

2021-07-03

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U.S. stocks sweep to fresh highs after strong jobs report

2021-06-23

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After-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower

2021-05-26

m

Renewed Covid outbreak in Asia is not a big worry, says Citi strategist

2021-06-19

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2021-07-05

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Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)

2021-06-20

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Answering the great inflation question of our time

2021-06-10

vg

RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today

2021-05-26

woo

API data reportedly show a modest weekly decline in U.S. crude supplies

2021-06-22

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Robinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?

2021-05-30

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2021-05-27

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TIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today

2021-06-29

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2021-06-20

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2021-06-18

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This Under-the-Radar Payments Company Could Be a Great Investment

2021-06-18

En

Can Corsair Gaming Be the Nike of Esports?

2021-05-26

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ZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion

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I searched Twitter for both terms with the word “stocks” included, and here’s what I found:</p>\n<p><img src=\"https://static.tigerbbs.com/4416d357ac2bc16d4fdcf60a3c4c3c56\" tg-width=\"916\" tg-height=\"463\"></p>\n<p>I have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:</p>\n<p>FOLO (fear of living once)&nbsp; and YOMO (you only miss out).</p>\n<p>Here’s a story I’ve told about how things can go wrong even when you’re think you’re trading well and outperforming the markets seems easy.</p>\n<p>Return to 2004</p>\n<p>It was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. I’d come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which I’d first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) I’d made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.</p>\n<p>As 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.</p>\n<p>In the last week of January, the markets turned south and the highest-flying winners of the year, like those that I’d just sold down and taken huge profits on, were the hardest hit. I’d previously learned the hard way over the years that you should never confuse a bull market with genius, but I’d even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrie’s classic, “Stay a little longer” chuckling about how I’d left before the party was busted!</p>\n<p>By early February, I was “only” up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks I’d so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.</p>\n<p>Here I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.</p>\n<p>By the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed “Nortel admits fraud; Major telecom equipment vendors under investigation” or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.</p>\n<p>I spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.</p>\n<p>Lesson of the week — do not dig yourself a hole, OK?</p>\n<p>Foreshadowing</p>\n<p>Here’s something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: “Concerned about complacency” (May 3, 2007).</p>\n<p>Here’s an excerpt:</p>\n<p><i>I’m worried. That’s no news flash, as I’m&nbsp;always&nbsp;worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season we’re experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.</i></p>\n<p><i>Just about everybody is long real estate. … Wasn’t almost every rationalization for why we shouldn’t fret about any real estate bubble true when real estate crashed the last few times?</i></p>\n<p><i>Last month, the IMF reported that “the global economy remains on track for robust growth in 2007 and 2008. … Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006&nbsp;World Economic Outlook.” Has the IMF ever gotten the outlook right?</i></p>\n<p><i>This utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: “Worries —&nbsp;the market is running out of major concerns.” Not surprisingly, I suppose, I’m going to&nbsp;flip&nbsp;that statement as I find I have more major concerns about the market and economy today than I’ve had at any point in the past five years.</i></p>\n<p><i>A&nbsp;Citi&nbsp;board member recently told me that I had a “lot of guts” for having launched a tech fund in October 2002. I think you’d have to have a lot of guts to launch a tech fund in May 2007! I’m focusing more on the short side than anything else right now.</i></p>\n<p>Beware when things are too easy</p>\n<p>Cody&nbsp;back in real time, 2021. I’m not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.</p>\n<p>And all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.</p>\n<p>That story above about Nortel: I’m here to tell you that you won’t always get a chance to sell when the charts stop working. You don’t always get a chance to lock in your gains while you think it’s easy.</p>\n<p>I’ve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. That’s often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.</p>\n<p>I have a new name or two I’m digging hard into this week, one in AI and another that’s trying to revolutionize long-term gig employment trends. Until then, I’m staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)</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\">\nTwo new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only ...</p>\n\n<a href=\"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702483","content_text":"When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word “stocks” included, and here’s what I found:\n\nI have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:\nFOLO (fear of living once)  and YOMO (you only miss out).\nHere’s a story I’ve told about how things can go wrong even when you’re think you’re trading well and outperforming the markets seems easy.\nReturn to 2004\nIt was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. I’d come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which I’d first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) I’d made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.\nAs 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.\nIn the last week of January, the markets turned south and the highest-flying winners of the year, like those that I’d just sold down and taken huge profits on, were the hardest hit. I’d previously learned the hard way over the years that you should never confuse a bull market with genius, but I’d even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrie’s classic, “Stay a little longer” chuckling about how I’d left before the party was busted!\nBy early February, I was “only” up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks I’d so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.\nHere I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.\nBy the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed “Nortel admits fraud; Major telecom equipment vendors under investigation” or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.\nI spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.\nLesson of the week — do not dig yourself a hole, OK?\nForeshadowing\nHere’s something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: “Concerned about complacency” (May 3, 2007).\nHere’s an excerpt:\nI’m worried. That’s no news flash, as I’m always worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season we’re experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.\nJust about everybody is long real estate. … Wasn’t almost every rationalization for why we shouldn’t fret about any real estate bubble true when real estate crashed the last few times?\nLast month, the IMF reported that “the global economy remains on track for robust growth in 2007 and 2008. … Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006 World Economic Outlook.” Has the IMF ever gotten the outlook right?\nThis utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: “Worries — the market is running out of major concerns.” Not surprisingly, I suppose, I’m going to flip that statement as I find I have more major concerns about the market and economy today than I’ve had at any point in the past five years.\nA Citi board member recently told me that I had a “lot of guts” for having launched a tech fund in October 2002. I think you’d have to have a lot of guts to launch a tech fund in May 2007! I’m focusing more on the short side than anything else right now.\nBeware when things are too easy\nCody back in real time, 2021. I’m not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.\nAnd all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.\nThat story above about Nortel: I’m here to tell you that you won’t always get a chance to sell when the charts stop working. You don’t always get a chance to lock in your gains while you think it’s easy.\nI’ve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. That’s often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.\nI have a new name or two I’m digging hard into this week, one in AI and another that’s trying to revolutionize long-term gig employment trends. Until then, I’m staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152683296,"gmtCreate":1625287712215,"gmtModify":1703740039405,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152683296","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&amp;P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&amp;P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&amp;P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks sweep to fresh highs after strong jobs report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150514413,"gmtCreate":1624921469332,"gmtModify":1703847767970,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150514413","repostId":"1179320173","repostType":4,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127317366,"gmtCreate":1624835677055,"gmtModify":1703845620037,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127317366","repostId":"2146000990","repostType":4,"repost":{"id":"2146000990","pubTimestamp":1624762068,"share":"https://ttm.financial/m/news/2146000990?lang=&edition=fundamental","pubTime":"2021-06-27 10:47","market":"us","language":"en","title":"Better Buy: Activision Blizzard vs. Take Two","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000990","media":"Motley Fool","summary":"Which top gaming stock will deliver the better return over the next five years?","content":"<p>The growth of interactive entertainment is an attractive area to look for long-term investments. The millions of new players who started gaming during the pandemic, along with the console launches from <b>Sony</b>&nbsp;and <b>Microsoft</b>, are catalysts for the big game companies to sell more content into a wider installed base.</p>\n<p><b>Activision Blizzard</b> (NASDAQ:ATVI) and <b>Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive</b>&nbsp;(NASDAQ:TTWO) are two market leaders that operate some of the best-selling game franchises in the industry. Activision is known for <i>Call of Duty</i> and <i>World of Warcraft</i> and generates over $8 billion a year in bookings (a non-GAAP measure of revenue).&nbsp;Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>'s <i>Grand Theft Auto V</i> has sold a staggering 145 million copies,&nbsp;which has pushed the company's bookings to over $3 billion.</p>\n<p>I'll say up front that I believe Take-Two is well-positioned to deliver much better returns than Activision Blizzard over the next five years. Here's why.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30e93ec376dbf9d2b1e80588b2008646\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>The margin gap</h2>\n<p>Activision has many good qualities investors look for in an investment. It has eight franchises that have generated $1 billion in lifetime bookings.&nbsp;It has a large player base of over 400 million monthly active users,&nbsp;and management has a great record of allocating capital through acquisitions that create shareholder returns. Over the last year, the company generated a healthy free cash flow margin of 33% compared to revenue and paid $316 million in dividends to shareholders.</p>\n<p>While Take-Two is smaller and is more dependent on a few franchises, CEO Strauss Zelnick, who took over in 2011,&nbsp;is gradually turning Take-Two into a bigger and more profitable leader in the industry. Since <i>Grand Theft Auto V</i>&nbsp;launched in 2013, Take-Two's free cash flow has increased by 347% to $843 million. The digital distribution of games has brought more-consistent profits for management to reinvest in expanding its game library, with the long-term goal to build greater scale, reach more players, and improve operating margin.</p>\n<p>Compared to Activision's stellar operating margin of 35.2%, Take-Two's operating margin is currently at 18.7% on a trailing-12-month basis, but that's exactly why Take-Two offers more upside to investors. It has made major strides to squeeze more profits out of its business, and its operating margin is still trending up.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf60ea29fdc7bd56d2ec45cb947ce369\" tg-width=\"720\" tg-height=\"387\"><span>ATVI operating margin (TTM) data by YCharts. TTM = trailing 12 months.</span></p>\n<p>If Take-Two's operating margin improves to over 20%, it will drive much faster growth in earnings per share and fuel a rising share price.</p>\n<p>Here are the consensus analyst estimates for Activision's adjusted operating margin and EPS growth through 2023.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>2021</th>\n   <th>2022</th>\n   <th>2023</th>\n  </tr>\n  <tr>\n   <td>Adjusted operating margin</td>\n   <td>42.8%</td>\n   <td>44.1%</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Adjusted EPS</td>\n   <td>8.4%</td>\n   <td>18%</td>\n   <td>4.6%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Atom Finance.</p>\n<p>Here are the same estimates for Take-Two.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Fiscal 2022</th>\n   <th>Fiscal 2023</th>\n   <th>Fiscal 2024</th>\n  </tr>\n  <tr>\n   <td>Adjusted operating margin</td>\n   <td>19%</td>\n   <td>23.2%</td>\n   <td>24.6%</td>\n  </tr>\n  <tr>\n   <td>Adjusted EPS (loss)</td>\n   <td>(28.5%)</td>\n   <td>49.9%</td>\n   <td>30.8%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Atom Finance. Take-Two's fiscal year ends in March.</p>\n<p>Take-Two's EPS is expected to decline this year due to the investments in marketing, personnel, and IT that management is spending to launch the new game pipeline over the next few years.&nbsp;It's&nbsp;hiring more game developers ahead of its deepest upcoming release slate in history, with a grand total of 62 releases across existing and new titles.</p>\n<p>Beyond the near term, the continued decline in distribution costs for games remains a catalyst to grow profits for both companies. Still, analysts expect Take-Two to expand its margin by a greater amount, which could lead to better returns for investors.</p>\n<h2>Take-Two stock is cheaper with more upside</h2>\n<p>Activision should remain a good long-term investment. Management believes it can reach 1 billion monthly active users, as the company expands its mobile game business.&nbsp;But investors are paying a higher price for&nbsp;Activision's greater game diversity, and perceived lower business risk.</p>\n<p>Activision stock trades at a price-to-sales ratio of 8.5, which is much higher than Take-Two's sales multiple of 6.&nbsp;But as Take-Two expands its game catalog, this relatively lower sales multiple won't be justified.</p>\n<p>Take-Two's <i>Grand Theft Auto V</i> and <i>Red Dead Redemption 2</i> have sold a combined 182 million copies, establishing a large player base to build on with future releases. Take-Two has almost endless opportunities with these top franchises to grow higher-margin digital sales with more expansion updates.</p>\n<p>Because of its higher ceiling for margin expansion and earnings growth, I would buy Take-Two over Activision right now.</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>Better Buy: Activision Blizzard vs. Take Two</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\">\nBetter Buy: Activision Blizzard vs. Take Two\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/26/better-buy-activision-blizzard-vs-take-two/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The growth of interactive entertainment is an attractive area to look for long-term investments. The millions of new players who started gaming during the pandemic, along with the console launches ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/26/better-buy-activision-blizzard-vs-take-two/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪"},"source_url":"https://www.fool.com/investing/2021/06/26/better-buy-activision-blizzard-vs-take-two/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000990","content_text":"The growth of interactive entertainment is an attractive area to look for long-term investments. The millions of new players who started gaming during the pandemic, along with the console launches from Sony and Microsoft, are catalysts for the big game companies to sell more content into a wider installed base.\nActivision Blizzard (NASDAQ:ATVI) and Take-Two Interactive (NASDAQ:TTWO) are two market leaders that operate some of the best-selling game franchises in the industry. Activision is known for Call of Duty and World of Warcraft and generates over $8 billion a year in bookings (a non-GAAP measure of revenue). Take-Two's Grand Theft Auto V has sold a staggering 145 million copies, which has pushed the company's bookings to over $3 billion.\nI'll say up front that I believe Take-Two is well-positioned to deliver much better returns than Activision Blizzard over the next five years. Here's why.\nImage source: Getty Images.\nThe margin gap\nActivision has many good qualities investors look for in an investment. It has eight franchises that have generated $1 billion in lifetime bookings. It has a large player base of over 400 million monthly active users, and management has a great record of allocating capital through acquisitions that create shareholder returns. Over the last year, the company generated a healthy free cash flow margin of 33% compared to revenue and paid $316 million in dividends to shareholders.\nWhile Take-Two is smaller and is more dependent on a few franchises, CEO Strauss Zelnick, who took over in 2011, is gradually turning Take-Two into a bigger and more profitable leader in the industry. Since Grand Theft Auto V launched in 2013, Take-Two's free cash flow has increased by 347% to $843 million. The digital distribution of games has brought more-consistent profits for management to reinvest in expanding its game library, with the long-term goal to build greater scale, reach more players, and improve operating margin.\nCompared to Activision's stellar operating margin of 35.2%, Take-Two's operating margin is currently at 18.7% on a trailing-12-month basis, but that's exactly why Take-Two offers more upside to investors. It has made major strides to squeeze more profits out of its business, and its operating margin is still trending up.\nATVI operating margin (TTM) data by YCharts. TTM = trailing 12 months.\nIf Take-Two's operating margin improves to over 20%, it will drive much faster growth in earnings per share and fuel a rising share price.\nHere are the consensus analyst estimates for Activision's adjusted operating margin and EPS growth through 2023.\n\n\n\nMetric\n2021\n2022\n2023\n\n\nAdjusted operating margin\n42.8%\n44.1%\n45%\n\n\nAdjusted EPS\n8.4%\n18%\n4.6%\n\n\n\nData source: Atom Finance.\nHere are the same estimates for Take-Two.\n\n\n\nMetric\nFiscal 2022\nFiscal 2023\nFiscal 2024\n\n\nAdjusted operating margin\n19%\n23.2%\n24.6%\n\n\nAdjusted EPS (loss)\n(28.5%)\n49.9%\n30.8%\n\n\n\nData source: Atom Finance. Take-Two's fiscal year ends in March.\nTake-Two's EPS is expected to decline this year due to the investments in marketing, personnel, and IT that management is spending to launch the new game pipeline over the next few years. It's hiring more game developers ahead of its deepest upcoming release slate in history, with a grand total of 62 releases across existing and new titles.\nBeyond the near term, the continued decline in distribution costs for games remains a catalyst to grow profits for both companies. Still, analysts expect Take-Two to expand its margin by a greater amount, which could lead to better returns for investors.\nTake-Two stock is cheaper with more upside\nActivision should remain a good long-term investment. Management believes it can reach 1 billion monthly active users, as the company expands its mobile game business. But investors are paying a higher price for Activision's greater game diversity, and perceived lower business risk.\nActivision stock trades at a price-to-sales ratio of 8.5, which is much higher than Take-Two's sales multiple of 6. But as Take-Two expands its game catalog, this relatively lower sales multiple won't be justified.\nTake-Two's Grand Theft Auto V and Red Dead Redemption 2 have sold a combined 182 million copies, establishing a large player base to build on with future releases. Take-Two has almost endless opportunities with these top franchises to grow higher-margin digital sales with more expansion updates.\nBecause of its higher ceiling for margin expansion and earnings growth, I would buy Take-Two over Activision right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123076904,"gmtCreate":1624405253808,"gmtModify":1703835508585,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123076904","repostId":"2145066030","repostType":4,"repost":{"id":"2145066030","pubTimestamp":1624404720,"share":"https://ttm.financial/m/news/2145066030?lang=&edition=fundamental","pubTime":"2021-06-23 07:32","market":"us","language":"en","title":"After-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066030","media":"StreetInsider","summary":"After-Hours Stock Movers:\nGemini Therapeutics, Inc. (Nasdaq: GMTX) 35.7% LOWER; announced initial da","content":"<p>After-Hours Stock Movers:</p>\n<p><a href=\"https://laohu8.com/S/GMTX\">Gemini Therapeutics, Inc.</a> (Nasdaq: GMTX) 35.7% LOWER; announced initial data from its Phase 2a ReGAtta study of GEM103 as of May 2021 in patients with geographic atrophy (GA) secondary to dry <a href=\"https://laohu8.com/S/AMD\">AMD</a>. ReGAtta is a dose escalation trial of GEM103, which is intravitreally administered recombinant human complement factor H (CFH), in dry AMD patients. The trial, which remains ongoing, is designed to evaluate safety and tolerability, as well as measures of intraocular pharmacokinetics (PK) and disease-relevant biomarkers, to inform the late-stage development program.</p>\n<p><a href=\"https://laohu8.com/S/EYES\">Second Sight Medical Products</a>, Inc. (NASDAQ: EYES) 16.5% LOWER; announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.</p>\n<p>SeaChange Int'l (NASDAQ: SEAC) 14.3% HIGHER; Chairman, Robert Pons, bought 100,000 shares on 06/21 at $1.06.</p>\n<p>Bentley Systems, Incorporated (Nasdaq: BSY) 3.6% LOWER; announced that it intends to offer $500.0 million aggregate principal amount of convertible senior notes due 2027 (the Notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Bentley also expects to grant the initial purchasers of the Notes a 13-day option to purchase up to an additional $75.0 million aggregate principal amount of Notes.</p>\n<p>WillScot <a href=\"https://laohu8.com/S/MINI\">Mobile Mini</a> Holdings Corp. (Nasdaq: WSC) 1.8% LOWER; announced the launch of an underwritten, secondary offering (the Offering) of 14,000,000 shares (the Shares) of its common stock, par value $0.0001 per share (the Common Stock). The Shares are being offered by the Companys principal shareholder, Sapphire Holding S.Ã r.l., an entity controlled by TDR Capital (the Selling Stockholder). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,100,000 shares. The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.</p>\n<p><a href=\"https://laohu8.com/S/SHAK\">Shake Shack Inc</a>. (NYSE: SHAK) 1.5% HIGHER; SHAK and licensee Maxims Caterers Limited are continuing the momentum in China with an expanded partnership to open 10 Shacks in new territories by 2031, including locations in Sichuan, Chongqing, Yunnan, Hubei, Shaanxi, Anhui, Henan and Guizhou.</p>\n<p>Clean Energy Fuels (NASDAQ: CLNE) 1.5% HIGHER; disclosed that on June 21, 2022, the Company contributed $50 million to the bpJV and forced conversion of bp's Class B Units into Class A Units.</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>After-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower</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\">\nAfter-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18591459><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:\nGemini Therapeutics, Inc. (Nasdaq: GMTX) 35.7% LOWER; announced initial data from its Phase 2a ReGAtta study of GEM103 as of May 2021 in patients with geographic atrophy (GA)...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18591459\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLNE":"Clean Energy Fuels Corp","SEAC":"海易国际","BSY":"Bentley Systems, Inc.","SHAK":"Shake Shack Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18591459","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066030","content_text":"After-Hours Stock Movers:\nGemini Therapeutics, Inc. (Nasdaq: GMTX) 35.7% LOWER; announced initial data from its Phase 2a ReGAtta study of GEM103 as of May 2021 in patients with geographic atrophy (GA) secondary to dry AMD. ReGAtta is a dose escalation trial of GEM103, which is intravitreally administered recombinant human complement factor H (CFH), in dry AMD patients. The trial, which remains ongoing, is designed to evaluate safety and tolerability, as well as measures of intraocular pharmacokinetics (PK) and disease-relevant biomarkers, to inform the late-stage development program.\nSecond Sight Medical Products, Inc. (NASDAQ: EYES) 16.5% LOWER; announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.\nSeaChange Int'l (NASDAQ: SEAC) 14.3% HIGHER; Chairman, Robert Pons, bought 100,000 shares on 06/21 at $1.06.\nBentley Systems, Incorporated (Nasdaq: BSY) 3.6% LOWER; announced that it intends to offer $500.0 million aggregate principal amount of convertible senior notes due 2027 (the Notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Bentley also expects to grant the initial purchasers of the Notes a 13-day option to purchase up to an additional $75.0 million aggregate principal amount of Notes.\nWillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) 1.8% LOWER; announced the launch of an underwritten, secondary offering (the Offering) of 14,000,000 shares (the Shares) of its common stock, par value $0.0001 per share (the Common Stock). The Shares are being offered by the Companys principal shareholder, Sapphire Holding S.Ã r.l., an entity controlled by TDR Capital (the Selling Stockholder). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,100,000 shares. The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.\nShake Shack Inc. (NYSE: SHAK) 1.5% HIGHER; SHAK and licensee Maxims Caterers Limited are continuing the momentum in China with an expanded partnership to open 10 Shacks in new territories by 2031, including locations in Sichuan, Chongqing, Yunnan, Hubei, Shaanxi, Anhui, Henan and Guizhou.\nClean Energy Fuels (NASDAQ: CLNE) 1.5% HIGHER; disclosed that on June 21, 2022, the Company contributed $50 million to the bpJV and forced conversion of bp's Class B Units into Class A Units.","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129943895,"gmtCreate":1624354161217,"gmtModify":1703834216114,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129943895","repostId":"2145035785","repostType":4,"repost":{"id":"2145035785","pubTimestamp":1624351500,"share":"https://ttm.financial/m/news/2145035785?lang=&edition=fundamental","pubTime":"2021-06-22 16:45","market":"us","language":"en","title":"Robinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145035785","media":"TipRanks","summary":"Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey ","content":"<div>\n<p>Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?</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\">\nRobinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PRO":"Pros Holdings Inc","AAPL":"苹果","TSLA":"特斯拉","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145035785","content_text":"Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, and people were at home and looking for entertainment. This, coupled with the hopeful possibility of building wealth directly from one’s phone and/or couch, brought a new generation of retail traders to the market. They began to push speculative equities and securities around in their search for quick value.\nThe trading platform Robinhood has been central to this stock market tale, allowing commission-free trading with a streamlined, easy-to-use mobile application to “democratize finance for all,” as is its motto. Its popularity culminated in a one-in-a-lifetime short squeeze in late January 2021, wherein highly motivated Reddit users attempted, and succeeded, to push up the price of GameStop Corp. (GME) stock in order to force hedge funds to cover their massively shorted shares.\nThis particular instance brought about massive negative sentiment for the growing financial application company, as Robinhood was forced to halt buy orders for several high volatility stocks in order to not go bankrupt themselves. The phenomenon brought Robinhood into global headlines and even had U.S. government officials using terms like “meme stocks.”\nCritics of Robinhood’s platform accuse it of gamifying the stock market with a sensationalizing user interface, and essentially creating an accessible and legal casino for anyone willing to play. The app allows users to quickly trade even the most leveraged and risky positions, including complex derivatives such as options and other financial tools. While other similar mobile platforms also allow this, Robinhood users go through much less data and cautionary information before having their trades executed.\nDespite the bad press, including congressional hearings with Robinhood’s CEO, the platform has since continued to grow its user base.\nKeeping an eye on retail traders’ interest in stocks has become a full-time job, and can mean the difference between massive gains or just another week of FOMO. Many websites provide trending stock tickers or even analytics on subreddit mentions of publicly traded companies. As Robinhood is mostly used by younger retail traders, looking at its top-traded stocks can provide insight into what direction certain stocks may be going.\nTwo stocks frequently found at the top of Robinhood traders' accounts are Tesla Inc. and Apple Inc. Both tech-savvy companies have seen their share prices rise dramatically over the course of 2020. Furthermore, both underwent stock splits, which made their stocks accessible to more people, resulting in a lot of online buzz.\nTesla Inc. (TSLA) \nFive-star analyst Jed Dorsheimer of Canaccord Genuity Capital Markets reiterated a Buy rating on Tesla, with an optimistic price target of $812. This suggests a possible upside of 30.27% from Friday’s closing price of $623.31. (See Tesla stock charts on TipRanks)\nDorsheimer wrote that Tesla is “innovating past the battery” while other manufacturers are playing catch up. He was bullish on a long term basis, arguing that the car company is “creating an energy brand and an Apple-esque ecosystem of products with customer focused connectivity, seamlessly marrying car, solar, and back-up power.”\nThe analyst did, however, call the new Model S Plaid an “ostensibly unnecessary $130k car,” but that does not mean consumers won’t like the finished product enough to not buy it.\nOn TipRanks, TSLA has an analyst rating consensus of Hold, based on 9 Buy, 7 Hold, and 7 Sell ratings. The average analyst Tesla price target is $620.70, reflecting a potential downside of 0.42% over the next twelve months.\n\nApple Inc. (AAPL)\nAnother consistently top stock pick from Robinhood traders, Apple Inc. has seen its share price climb more than five-fold over the last five years. The most valuable company in the world, with a market cap of over $2 trillion, the company has always had a loyal customer base, which seems to translate into loyal shareholders as well. (See Apple stock charts on TipRanks)\nDaniel Ives of Wedbush Securities was bullish following Apple’s new updates, which were announced during its WWDC conference. Ives maintained a Buy rating and a $185 price target, indicating a possible 41.81% upside from Apple’s Friday closing price of $130.46.\nThe five-star analyst wrote that Apple had placed a strong focus on user privacy concerns, which puts the company “on a collision course with Facebook around the ability for users to block data tracking.” However, Ives was encouraged by the improvements made by the new macOS Monterey desktop operating system, stating that it will support the “broadest lineup of Macs in history.”\nOn TipRanks, AAPL has an analyst rating consensus of Moderate Buy, based on 20 Buy, 5 Hold, and 2 Sell ratings. The average analyst Apple price target is $157.88, reflecting a potential 12-month upside of 21.02%.\n\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164041566,"gmtCreate":1624162767355,"gmtModify":1703829907846,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164041566","repostId":"1175119628","repostType":4,"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164041054,"gmtCreate":1624162697078,"gmtModify":1703829906719,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"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/164041054","repostId":"1133385197","repostType":4,"repost":{"id":"1133385197","pubTimestamp":1624151969,"share":"https://ttm.financial/m/news/1133385197?lang=&edition=fundamental","pubTime":"2021-06-20 09:19","market":"us","language":"en","title":"Answering the great inflation question of our time","url":"https://stock-news.laohu8.com/highlight/detail?id=1133385197","media":"finance.yahoo","summary":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up","content":"<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.</p>\n<p>Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”</p>\n<p>The current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?</p>\n<p>Before I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.</p>\n<p>As an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.</p>\n<p>Until now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)</p>\n<p><img src=\"https://static.tigerbbs.com/87f75dfcb98fb5a0e7c3f9d3f8d336e2\" tg-width=\"705\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n<p>Used car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.</p>\n<p>To be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)</p>\n<p>But that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&amp;P 500 down 1.91% this week, its worst week since February.</p>\n<p>Given this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.</p>\n<p>Now I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.</p>\n<p>As for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.</p>\n<p>Which brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.</p>\n<p>“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”</p>\n<p>“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.</p>\n<p>COVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.</p>\n<p>A prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.</p>\n<p>Another secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.</p>\n<p><b>Anti-inflation forces</b></p>\n<p>But here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?</p>\n<p>I say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”</p>\n<p>To buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.</p>\n<p>To me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.</p>\n<p>Not only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.</p>\n<p>So technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.</p>\n<p>There is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.</p>\n<p>After World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)</p>\n<p>Like its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.</p>\n<p>The internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.</p>\n<p>So technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.</p>\n<p>COVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.</p>\n<p>How significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.</p>\n<p>More downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”</p>\n<p>And so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”</p>\n<p>I don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Answering the great inflation question of our time</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\">\nAnswering the great inflation question of our time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these...</p>\n\n<a href=\"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133385197","content_text":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”\nThe current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?\nBefore I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.\nAs an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.\nUntil now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)\n\nUsed car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.\nTo be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)\nBut that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&P 500 down 1.91% this week, its worst week since February.\nGiven this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.\nNow I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.\nAs for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.\nWhich brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.\n“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”\n“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.\nCOVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.\nA prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.\nAnother secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.\nAnti-inflation forces\nBut here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?\nI say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”\nTo buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.\nTo me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.\nNot only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.\nSo technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.\nThere is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.\nAfter World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)\nLike its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.\nThe internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.\nSo technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.\nCOVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.\nHow significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.\nMore downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”\nAnd so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”\nI don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165960863,"gmtCreate":1624087733652,"gmtModify":1703828624044,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165960863","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166562863,"gmtCreate":1624018611052,"gmtModify":1703826670193,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Mhau","listText":"Mhau","text":"Mhau","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166562863","repostId":"2144773750","repostType":4,"repost":{"id":"2144773750","pubTimestamp":1624014000,"share":"https://ttm.financial/m/news/2144773750?lang=&edition=fundamental","pubTime":"2021-06-18 19:00","market":"us","language":"en","title":"This Under-the-Radar Payments Company Could Be a Great Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2144773750","media":"Motley Fool","summary":"While many investors chase new, highflying entrants to the financial services sector, this 46-year-old SaaS payments company might represent excellent value.","content":"<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.</p>\n<p>Founded in 1975, <b>ACI Worldwide</b> (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2cdff04063f294d2a2063a870dbd1b\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images</span></p>\n<h2>A variety of solutions</h2>\n<p>ACI Worldwide is ambitious. It strives to be a software-driven, <a href=\"https://laohu8.com/S/AONE\">one</a>-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!</p>\n<p>It reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Segment</p></th>\n   <th><p>Q1 2021 Revenue (millions)</p></th>\n   <th><p>Q1 2021 EBITDA (millions)</p></th>\n   <th><p>Q1 2021 EBITDA Margin</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Banks</p></td>\n   <td><p>$95.9</p></td>\n   <td><p>$37.2</p></td>\n   <td><p>38.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>Merchants</p></td>\n   <td><p>$38.7</p></td>\n   <td><p>$14.7</p></td>\n   <td><p>37.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>Billers</p></td>\n   <td><p>$150.6</p></td>\n   <td><p>$34.0</p></td>\n   <td><p>22.5%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS</p>\n<p>The billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on <i>changing</i> banking and finance, not necessarily <i>serving</i> traditional banks.</p>\n<p>The company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.</p>\n<p>Ultimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.</p>\n<p>ACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.</p>\n<p>As recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from <b>Western Union</b>, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.</p>\n<h2>The rule of 40</h2>\n<p>Despite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.</p>\n<p>A company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.</p>\n<p>SaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2019</p></th>\n   <th><p>2020</p></th>\n   <th><p>Q1 2021</p></th>\n   <th><p>2021 Full-Year Estimate</p></th>\n   <th><p>2022 Full-Year Estimate</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue (millions)</p></td>\n   <td><p>$1,258</p></td>\n   <td><p>$1,294</p></td>\n   <td><p>$285</p></td>\n   <td><p>$1,330</p></td>\n   <td><p>$1,400</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.57</p></td>\n   <td><p>$0.62</p></td>\n   <td><p>$0.15</p></td>\n   <td><p>$1.15</p></td>\n   <td><p>$1.28</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE</p>\n<p>For the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue <i>contraction</i> of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.</p>\n<p>Growth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.</p>\n<h2>A modest valuation</h2>\n<p>Financial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..</p>\n<p>By comparison, payments giant <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b> trades at 14.3 times trailing 12-month revenue,&nbsp;although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.</p>\n<p>The rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.</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>This Under-the-Radar Payments Company Could Be a Great Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Under-the-Radar Payments Company Could Be a Great Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACIW":"ACI环球"},"source_url":"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144773750","content_text":"The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.\nFounded in 1975, ACI Worldwide (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.\nImage Source: Getty Images\nA variety of solutions\nACI Worldwide is ambitious. It strives to be a software-driven, one-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!\nIt reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:\n\n\n\nSegment\nQ1 2021 Revenue (millions)\nQ1 2021 EBITDA (millions)\nQ1 2021 EBITDA Margin\n\n\n\n\nBanks\n$95.9\n$37.2\n38.7%\n\n\nMerchants\n$38.7\n$14.7\n37.9%\n\n\nBillers\n$150.6\n$34.0\n22.5%\n\n\n\nDATA SOURCE: COMPANY FILINGS\nThe billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on changing banking and finance, not necessarily serving traditional banks.\nThe company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.\nUltimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.\nACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.\nAs recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from Western Union, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.\nThe rule of 40\nDespite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.\nA company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.\nSaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.\n\n\n\nMetric\n2019\n2020\nQ1 2021\n2021 Full-Year Estimate\n2022 Full-Year Estimate\n\n\n\n\nRevenue (millions)\n$1,258\n$1,294\n$285\n$1,330\n$1,400\n\n\nEarnings Per Share\n$0.57\n$0.62\n$0.15\n$1.15\n$1.28\n\n\n\nDATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE\nFor the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue contraction of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.\nGrowth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.\nA modest valuation\nFinancial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..\nBy comparison, payments giant PayPal Holdings trades at 14.3 times trailing 12-month revenue, although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.\nThe rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166566540,"gmtCreate":1624018549480,"gmtModify":1703826669051,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"En","listText":"En","text":"En","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166566540","repostId":"2144757377","repostType":4,"repost":{"id":"2144757377","pubTimestamp":1624017300,"share":"https://ttm.financial/m/news/2144757377?lang=&edition=fundamental","pubTime":"2021-06-18 19:55","market":"us","language":"en","title":"Can Corsair Gaming Be the Nike of Esports?","url":"https://stock-news.laohu8.com/highlight/detail?id=2144757377","media":"Motley Fool","summary":"The company provides high-performance gear to video game players and esports professionals.","content":"<p>Video games are <a href=\"https://laohu8.com/S/AONE\">one</a> of the largest industries worldwide. With an estimated $157 billion in global spending last year that is projected to reach almost $300 billion by 2027, there are tons of investment opportunities lurking within the gaming space.</p>\n<p>One of these opportunities may be <b>Corsair Gaming</b> (NASDAQ:CRSR), a company that just went public last fall and aims to become <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the premier gaming equipment and gear brands, similar to what <b>Nike</b> (NYSE:NKE) has done within the traditional sports market. Does Corsair Gaming have the chops to be the Nike of video games? Let's take a look.</p>\n<h2>What is Corsair Gaming?</h2>\n<p>Founded in 1994, Corsair started out selling high-end gaming PCs and hardware. This operating segment, which it calls gaming components and systems, is still the majority of the company's revenue, generating $353.5 million of its $529.4 million in sales last quarter. Corsair sells high-performance PCs to hardcore gamers, most of which sell for more than $2,000 apiece.</p>\n<p>While its legacy business is components and systems, Corsair is investing heavily into what it calls gaming and creator peripherals. This is mainly gaming and live streaming accessories like microphones, headsets, keyboards, and chairs. This segment generated $175.9 million in sales last quarter, up from $75.9 million a year ago. That is 132% year-over-year revenue growth for this segment.</p>\n<p>Corsair is also making multiple acquisitions to bolster its fastest-growing operating segment. One company it just acquired, Elgato, is a top brand for live stream equipment and software. Seeing as live streaming is huge among the gaming community, Elgato should fit perfectly among Corsair's product portfolio.</p>\n<p>Late last year, Corsair acquired Gamer Sensei, the world's biggest esports coaching service. Like Elgato, Gamer Sensei is an easy upsell for Corsair customers, as many are likely already aspiring esports professionals.</p>\n<h2>How Corsair can follow the Nike playbook</h2>\n<p>The problem with Corsair is that, when you get down to it, a lot of what it and its competitors sell are commodity products. This means that Corsair needs to differentiate itself in other ways in order to attract customers, like with design or a quality brand. A great comparison, and possible inspiration for Corsair's advertising strategy, would be Nike's playbook that helped it dominate the athletic shoe and apparel market.</p>\n<p>For decades, Nike has paid billions of dollars to famous athletes and sports teams to make sure they exclusively wear Nike products when performing in front of millions of fans. For example, it is rumored the company's lifetime contract with NBA star Lebron James is worth more than $1 billion. At first glance, this may seem like wasteful spending, but Nike gets a great return on these athlete contracts because it convinces millions of other people to spend $100 or more on a pair of Nike shoes.</p>\n<p>Corsair can differentiate itself from other gaming equipment brands by using a similar strategy of paying famous gamers and esports athletes to exclusively use and wear Corsair products. It is already moving in this direction, with a few esports teams under its umbrella and a streamer program where people can apply to get free gear and discounts. However, the company has a lot more levers it could pull on this front. For example, it could sign top Twitch streamers to multi-year sponsorship deals, fitting them exclusively with Corsair gear. It could also go a step further by partnering with these top streamers to build custom gear, similar to what Nike does with NBA players and shoes. I'm no expert on the game streaming market, but if someone like Ninja (one of the most popular Twitch streamers) came out with a customer Corsair product it would likely do very well.</p>\n<h2>The stock trades at a reasonable valuation</h2>\n<p>As of this writing, Corsair has a market cap of $3 billion. With $1.92 billion in trailing 12-month revenue, that gives the stock a price-to-sales ratio (P/S) of 1.56. And with $185.5 million in free cash flow over the past 12 months, its price-to-free-cash-flow (P/FCF) is around 16.2.</p>\n<p>Both these metrics are cheap relative to the overall market, indicating that investors are not that confident in Corsair's prospects going forward. Management is only guiding for $1.9 billion to $2.1 billion in revenue in 2021, which may be spooking investors a bit as that would be a big slowdown in growth. But if you have a long-term time horizon and think Corsair can be a dominant brand in one of the world's fastest-growing industries, a market cap of only $3 billion may look like a steal five or 10 years from now.</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>Can Corsair Gaming Be the Nike of Esports?</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\">\nCan Corsair Gaming Be the Nike of Esports?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 19:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/can-corsair-gaming-be-the-nike-of-esports/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Video games are one of the largest industries worldwide. With an estimated $157 billion in global spending last year that is projected to reach almost $300 billion by 2027, there are tons of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/can-corsair-gaming-be-the-nike-of-esports/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSR":"Corsair Gaming, Inc.","NKE":"耐克"},"source_url":"https://www.fool.com/investing/2021/06/18/can-corsair-gaming-be-the-nike-of-esports/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144757377","content_text":"Video games are one of the largest industries worldwide. With an estimated $157 billion in global spending last year that is projected to reach almost $300 billion by 2027, there are tons of investment opportunities lurking within the gaming space.\nOne of these opportunities may be Corsair Gaming (NASDAQ:CRSR), a company that just went public last fall and aims to become one of the premier gaming equipment and gear brands, similar to what Nike (NYSE:NKE) has done within the traditional sports market. Does Corsair Gaming have the chops to be the Nike of video games? Let's take a look.\nWhat is Corsair Gaming?\nFounded in 1994, Corsair started out selling high-end gaming PCs and hardware. This operating segment, which it calls gaming components and systems, is still the majority of the company's revenue, generating $353.5 million of its $529.4 million in sales last quarter. Corsair sells high-performance PCs to hardcore gamers, most of which sell for more than $2,000 apiece.\nWhile its legacy business is components and systems, Corsair is investing heavily into what it calls gaming and creator peripherals. This is mainly gaming and live streaming accessories like microphones, headsets, keyboards, and chairs. This segment generated $175.9 million in sales last quarter, up from $75.9 million a year ago. That is 132% year-over-year revenue growth for this segment.\nCorsair is also making multiple acquisitions to bolster its fastest-growing operating segment. One company it just acquired, Elgato, is a top brand for live stream equipment and software. Seeing as live streaming is huge among the gaming community, Elgato should fit perfectly among Corsair's product portfolio.\nLate last year, Corsair acquired Gamer Sensei, the world's biggest esports coaching service. Like Elgato, Gamer Sensei is an easy upsell for Corsair customers, as many are likely already aspiring esports professionals.\nHow Corsair can follow the Nike playbook\nThe problem with Corsair is that, when you get down to it, a lot of what it and its competitors sell are commodity products. This means that Corsair needs to differentiate itself in other ways in order to attract customers, like with design or a quality brand. A great comparison, and possible inspiration for Corsair's advertising strategy, would be Nike's playbook that helped it dominate the athletic shoe and apparel market.\nFor decades, Nike has paid billions of dollars to famous athletes and sports teams to make sure they exclusively wear Nike products when performing in front of millions of fans. For example, it is rumored the company's lifetime contract with NBA star Lebron James is worth more than $1 billion. At first glance, this may seem like wasteful spending, but Nike gets a great return on these athlete contracts because it convinces millions of other people to spend $100 or more on a pair of Nike shoes.\nCorsair can differentiate itself from other gaming equipment brands by using a similar strategy of paying famous gamers and esports athletes to exclusively use and wear Corsair products. It is already moving in this direction, with a few esports teams under its umbrella and a streamer program where people can apply to get free gear and discounts. However, the company has a lot more levers it could pull on this front. For example, it could sign top Twitch streamers to multi-year sponsorship deals, fitting them exclusively with Corsair gear. It could also go a step further by partnering with these top streamers to build custom gear, similar to what Nike does with NBA players and shoes. I'm no expert on the game streaming market, but if someone like Ninja (one of the most popular Twitch streamers) came out with a customer Corsair product it would likely do very well.\nThe stock trades at a reasonable valuation\nAs of this writing, Corsair has a market cap of $3 billion. With $1.92 billion in trailing 12-month revenue, that gives the stock a price-to-sales ratio (P/S) of 1.56. And with $185.5 million in free cash flow over the past 12 months, its price-to-free-cash-flow (P/FCF) is around 16.2.\nBoth these metrics are cheap relative to the overall market, indicating that investors are not that confident in Corsair's prospects going forward. Management is only guiding for $1.9 billion to $2.1 billion in revenue in 2021, which may be spooking investors a bit as that would be a big slowdown in growth. But if you have a long-term time horizon and think Corsair can be a dominant brand in one of the world's fastest-growing industries, a market cap of only $3 billion may look like a steal five or 10 years from now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189407442,"gmtCreate":1623284048886,"gmtModify":1704199947961,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"vg","listText":"vg","text":"vg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189407442","repostId":"1155515344","repostType":4,"repost":{"id":"1155515344","pubTimestamp":1623282065,"share":"https://ttm.financial/m/news/1155515344?lang=&edition=fundamental","pubTime":"2021-06-10 07:41","market":"us","language":"en","title":"RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1155515344","media":"investorplace","summary":"For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RID","content":"<p>For investors looking for volatility, look no further than<b>Lordstown Motors</b>(NASDAQ:<b><u>RIDE</u></b>). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in mid-May, RIDE stock appreciated to nearly $16 yesterday on some pretty bullish momentum.</p>\n<p>However, yesterday afternoon saw shares implode after a Lordstown Motors issued agoing concern warningin itsquarterly financial filingsyesterday. The company’s said the following: “These conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements.”</p>\n<p>That’s certainly not good news for investors.</p>\n<p>This single statement caused the stock to plummet to below $9 per share. This downside move of nearly 40% in less than 24 hours is significant. Indeed, a going concern warning is about as bearish a piece of news as investors can receive on any stock. Accordingly, this selloff appears to represent the market factoring in bankruptcy risk to a degree that simply wasn’t factored in previously.</p>\n<p>However, today, shares of Lordstown closed in the green. It seems investors are brushing off the liquidity concerns. Let’s discuss why this is the case.</p>\n<p>RIDE Stock Rebounding on Financing Discussions</p>\n<p>Today, Lordstownannouncedthe company is in talks with multiple parties to secure the necessary funding to meet its obligations.</p>\n<p>This announcement more than completely reversed earlier losses from the day which saw RIDE stock down more than 20% from yesterday’s close.</p>\n<p>Investors appear to be somewhat placated by this announcement. The company’s statement confirmed it has “adequate capital to continue operations, meet supplier obligations and begin limited production,” but will need to seek additional funds for strategic long-term investments. The company reiterated its debt-free balance sheet and significant tangible assets as positives. Indeed, leveraging these assets to seek asset-backed financing, or some mix of debt and equity financing over the medium term, has stoked positive sentiment once again in this stock.</p>\n<p>Any sort of equity issuance at this point could cool the meme rally RIDE stock has seen of late. Accordingly, it’s clear a number of retail investors have simply sought gains elsewhere.</p>\n<p>Whether this meme stock rally can continue with RIDE remains to be seen. However, one thing is for certain. This stock is likely to remain very volatile in the near term.</p>","source":"lsy1606302653667","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>RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today</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\">\nRIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in ...</p>\n\n<a href=\"https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/\">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://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155515344","content_text":"For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in mid-May, RIDE stock appreciated to nearly $16 yesterday on some pretty bullish momentum.\nHowever, yesterday afternoon saw shares implode after a Lordstown Motors issued agoing concern warningin itsquarterly financial filingsyesterday. The company’s said the following: “These conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements.”\nThat’s certainly not good news for investors.\nThis single statement caused the stock to plummet to below $9 per share. This downside move of nearly 40% in less than 24 hours is significant. Indeed, a going concern warning is about as bearish a piece of news as investors can receive on any stock. Accordingly, this selloff appears to represent the market factoring in bankruptcy risk to a degree that simply wasn’t factored in previously.\nHowever, today, shares of Lordstown closed in the green. It seems investors are brushing off the liquidity concerns. Let’s discuss why this is the case.\nRIDE Stock Rebounding on Financing Discussions\nToday, Lordstownannouncedthe company is in talks with multiple parties to secure the necessary funding to meet its obligations.\nThis announcement more than completely reversed earlier losses from the day which saw RIDE stock down more than 20% from yesterday’s close.\nInvestors appear to be somewhat placated by this announcement. The company’s statement confirmed it has “adequate capital to continue operations, meet supplier obligations and begin limited production,” but will need to seek additional funds for strategic long-term investments. The company reiterated its debt-free balance sheet and significant tangible assets as positives. Indeed, leveraging these assets to seek asset-backed financing, or some mix of debt and equity financing over the medium term, has stoked positive sentiment once again in this stock.\nAny sort of equity issuance at this point could cool the meme rally RIDE stock has seen of late. Accordingly, it’s clear a number of retail investors have simply sought gains elsewhere.\nWhether this meme stock rally can continue with RIDE remains to be seen. However, one thing is for certain. This stock is likely to remain very volatile in the near term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111616749,"gmtCreate":1622678624281,"gmtModify":1704188646419,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"huat","listText":"huat","text":"huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/111616749","repostId":"2140448417","repostType":4,"repost":{"id":"2140448417","pubTimestamp":1622648316,"share":"https://ttm.financial/m/news/2140448417?lang=&edition=fundamental","pubTime":"2021-06-02 23:38","market":"us","language":"en","title":"What You Should Know About Upstart Holdings' Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=2140448417","media":"Motley Fool","summary":"Investors are paying a big premium for this artificial intelligence-driven lending disruptor.","content":"<p>When it comes to lending money, the fundamentals haven't changed much over the years. Banks typically want to see a steady income, responsible spending habits, and an item of security -- like a house or a car -- before writing loans. Technology has improved the process significantly, and it continues to evolve to provide more information to lenders and more options for consumers.</p>\n<p><b>Upstart Holdings </b>(NASDAQ:UPST) is all-digital lending platform with an artificial intelligence model that measures alternative metrics when assessing a potential borrower. The company uses the technology to help originate loans for lenders, and its business model is already delivering profits. Its valuation, though, has ballooned as enthusiastic investors bet heavily on the stock -- and it could take <i>years </i>for profits to catch up. Is it still worth an investment today?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47a7615523095573d390a24d22976d99\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images.</span></p>\n<h2>How it works</h2>\n<p>Upstart partners with banks that write unsecured loans, to borrowers who might have a moderate to low income and might be used to paying higher interest rates. Some of its offerings include personal loans, wedding loans, credit card consolidation, and car loans. The annual percentage rate (interest) for an Upstart loan is in the 8.27% to 35.99% range, depending on the product.</p>\n<p>Total non-housing consumer debt in the U.S. stood at more than $4.1 trillion in Q1, including about $745 billion in ''revolving credit'' (credit cards and other loans consumers can pay down, reuse, and carry balances on). Upstart has a substantial market opportunity that it has only just begun to tap.</p>\n<p>Potential borrowers can submit a loan application through a bank that uses Upstart's application programming interface (API). Behind the scenes, the company's artificial intelligence is assessing the proposed loan, looking at more than 1,000 data points to provide a decision instantly (in most cases).</p>\n<p>Upstart's algorithm has the ability to assess a borrower based on nontraditional metrics. For example, it accounts for a borrower's education and where they went to school, in addition to their job history, rather than just on income and assets. The company claims its decision process can reduce default rates by 75%. In fact, it boasts 173% <i>more</i> approvals for the same overall loan loss rate.</p>\n<h2>Priced for perfection</h2>\n<p>Banks are usually valued methodically, using metrics like tangible book value and earnings per share. Investors have decades' worth of historical earnings and valuations to work with when assessing financial institutions. New technology makes the process a bit different -- investors don't have the same history to study, and disruptive companies can therefore be difficult to value.</p>\n<p>At the moment, Upstart is trading like a growth-oriented tech company, and this <i>could </i>be warranted since it's effectively a software business.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Year</p></th>\n   <th><p>Revenue</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>2018</p></td>\n   <td><p>$99 million</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$164 million</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$233 million</p></td>\n  </tr>\n  <tr>\n   <td><p>Q1 2021</p></td>\n   <td><p>$121 million</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Company filings.</p>\n<p>At Wednesday's prices, Upstart has a market cap over $11 billion, with full-year 2020 net income of $6 million. The company beat that total in this year's first quarter, with a net income of $10.1 million, so you can see how fast it's growing. However, it will likely need to earn significantly more for its current valuation to remain at these lofty levels.</p>\n<p>The company expects to earn $500 million in revenue in 2021 -- which would represent 114% in yearly revenue growth -- and based on the Q1 result, this could translate to over $40 million in net income.</p>\n<p>For the company to keep up this pace, it will most likely need new catalysts, and it likely has them.&nbsp;Upstart is now offering its platform technology to auto financiers, to capture a piece of the single largest lending segment after housing. Total auto loans in the U.S. grew to $1.37 trillion in 2020, and car shortages have led to higher prices and pent up demand across the board.</p>\n<p>The company has trailing 12-month revenue of $290 million, so the stock currently trades at a revenue multiple of roughly 38 times. That's higher than <b>Tesla</b>'s! With the growth opportunities Upstart is expecting, the company has the opportunity to grow its way into a less intimidating multiple over the next few years.&nbsp;But if you're buying it today, Upstart <i>must</i> deliver.</p>\n<h2>Looking forward</h2>\n<p>Upstart is showing promising growth in originations, with $1.73 billion in Q1, up 102% year over year on 169,750 total loans. This is <a href=\"https://laohu8.com/S/AONE\">one</a> of the best metrics to measure the company's performance, as it translates directly to revenue. Since the company's algorithm instantly and automatically approved 71% of those loans, the scalability of this business is potentially enormous.</p>\n<p>If the company continues to deliver growth in net income, its stock will likely remain buoyant -- although the risk to the valuation <i>might </i>be to the downside, depending how fast that growth is. The question for investors is whether there is enough upside potential from here to warrant that risk. Upstart is guiding for a similar amount of net income in the second quarter as it delivered in Q1, putting the company on track to generate less than $50 million this year. That might not be enough to sustain its current market cap.</p>\n<p>However, for investors with a five-year time horizon (or more), Upstart could present a strong growth opportunity.</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>What You Should Know About Upstart Holdings' Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat You Should Know About Upstart Holdings' Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 23:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/02/what-you-should-know-about-upstart-holdings-valuat/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it comes to lending money, the fundamentals haven't changed much over the years. Banks typically want to see a steady income, responsible spending habits, and an item of security -- like a house ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/02/what-you-should-know-about-upstart-holdings-valuat/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"source_url":"https://www.fool.com/investing/2021/06/02/what-you-should-know-about-upstart-holdings-valuat/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140448417","content_text":"When it comes to lending money, the fundamentals haven't changed much over the years. Banks typically want to see a steady income, responsible spending habits, and an item of security -- like a house or a car -- before writing loans. Technology has improved the process significantly, and it continues to evolve to provide more information to lenders and more options for consumers.\nUpstart Holdings (NASDAQ:UPST) is all-digital lending platform with an artificial intelligence model that measures alternative metrics when assessing a potential borrower. The company uses the technology to help originate loans for lenders, and its business model is already delivering profits. Its valuation, though, has ballooned as enthusiastic investors bet heavily on the stock -- and it could take years for profits to catch up. Is it still worth an investment today?\nImage Source: Getty Images.\nHow it works\nUpstart partners with banks that write unsecured loans, to borrowers who might have a moderate to low income and might be used to paying higher interest rates. Some of its offerings include personal loans, wedding loans, credit card consolidation, and car loans. The annual percentage rate (interest) for an Upstart loan is in the 8.27% to 35.99% range, depending on the product.\nTotal non-housing consumer debt in the U.S. stood at more than $4.1 trillion in Q1, including about $745 billion in ''revolving credit'' (credit cards and other loans consumers can pay down, reuse, and carry balances on). Upstart has a substantial market opportunity that it has only just begun to tap.\nPotential borrowers can submit a loan application through a bank that uses Upstart's application programming interface (API). Behind the scenes, the company's artificial intelligence is assessing the proposed loan, looking at more than 1,000 data points to provide a decision instantly (in most cases).\nUpstart's algorithm has the ability to assess a borrower based on nontraditional metrics. For example, it accounts for a borrower's education and where they went to school, in addition to their job history, rather than just on income and assets. The company claims its decision process can reduce default rates by 75%. In fact, it boasts 173% more approvals for the same overall loan loss rate.\nPriced for perfection\nBanks are usually valued methodically, using metrics like tangible book value and earnings per share. Investors have decades' worth of historical earnings and valuations to work with when assessing financial institutions. New technology makes the process a bit different -- investors don't have the same history to study, and disruptive companies can therefore be difficult to value.\nAt the moment, Upstart is trading like a growth-oriented tech company, and this could be warranted since it's effectively a software business.\n\n\n\nYear\nRevenue\n\n\n\n\n2018\n$99 million\n\n\n2019\n$164 million\n\n\n2020\n$233 million\n\n\nQ1 2021\n$121 million\n\n\n\nData source: Company filings.\nAt Wednesday's prices, Upstart has a market cap over $11 billion, with full-year 2020 net income of $6 million. The company beat that total in this year's first quarter, with a net income of $10.1 million, so you can see how fast it's growing. However, it will likely need to earn significantly more for its current valuation to remain at these lofty levels.\nThe company expects to earn $500 million in revenue in 2021 -- which would represent 114% in yearly revenue growth -- and based on the Q1 result, this could translate to over $40 million in net income.\nFor the company to keep up this pace, it will most likely need new catalysts, and it likely has them. Upstart is now offering its platform technology to auto financiers, to capture a piece of the single largest lending segment after housing. Total auto loans in the U.S. grew to $1.37 trillion in 2020, and car shortages have led to higher prices and pent up demand across the board.\nThe company has trailing 12-month revenue of $290 million, so the stock currently trades at a revenue multiple of roughly 38 times. That's higher than Tesla's! With the growth opportunities Upstart is expecting, the company has the opportunity to grow its way into a less intimidating multiple over the next few years. But if you're buying it today, Upstart must deliver.\nLooking forward\nUpstart is showing promising growth in originations, with $1.73 billion in Q1, up 102% year over year on 169,750 total loans. This is one of the best metrics to measure the company's performance, as it translates directly to revenue. Since the company's algorithm instantly and automatically approved 71% of those loans, the scalability of this business is potentially enormous.\nIf the company continues to deliver growth in net income, its stock will likely remain buoyant -- although the risk to the valuation might be to the downside, depending how fast that growth is. The question for investors is whether there is enough upside potential from here to warrant that risk. Upstart is guiding for a similar amount of net income in the second quarter as it delivered in Q1, putting the company on track to generate less than $50 million this year. That might not be enough to sustain its current market cap.\nHowever, for investors with a five-year time horizon (or more), Upstart could present a strong growth opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137840040,"gmtCreate":1622339154980,"gmtModify":1704183144478,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"lo","listText":"lo","text":"lo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137840040","repostId":"2138488778","repostType":4,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135022555,"gmtCreate":1622123295677,"gmtModify":1704179887011,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135022555","repostId":"1142858927","repostType":4,"repost":{"id":"1142858927","pubTimestamp":1622122663,"share":"https://ttm.financial/m/news/1142858927?lang=&edition=fundamental","pubTime":"2021-05-27 21:37","market":"us","language":"en","title":"TIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1142858927","media":"nasdaq","summary":"UP Fintech(NASDAQ:TIGR) stock is on the rise Tuesday and investors have plenty of reasons to celebra","content":"<p><b>UP Fintech</b>(NASDAQ:<b>TIGR</b>) stock is on the rise Tuesday and investors have plenty of reasons to celebrate today.</p><p>Let’s take a dive into the most recent news for UP Fintech and see what has holders of TIGR stock so happy today.</p><ul><li>The major news worth noting is the release of the company’searnings report for the first quarter of 2021.</li><li>That includes adjusted earnings per share of 15 cents, which is better than the less than 1 cents reported during the same time last year.</li><li>Another highlight worth noting is revenue of $81.3 million from the most recent quarter.</li><li>That’s a 255.5% increase compared to the same period of the year prior.</li><li>UP Fintech also saw net income for Q1 2021 come in at $21.1 million.</li><li>That’s a positive switch compared to the online brokerage firm’s net loss of $500,000 from the first quarter of 2020.</li><li>It’s also worth mentioning that the company added 117,000 funded accounts during the quarter.</li><li>It also saw the aggregate value of assets clients allocated to the platform surpass $21.4 billion.</li><li>In addition to this, its total trading volume was above $123.8 billion, which is nearly triple what it was in the first quarter of the previous year.</li></ul><p>Wu Tianhua, CEO and director of UP Fintech, said the following about the earnings boost for TIGR stock.</p><p>“We are pleased to announce that our Company delivered strong growth in revenue, profits, and client assets in the first quarter of 2021. Total revenues were US$81.3 million, a 255.5% increase from the first quarter of 2020, and were bolstered by solid increases in commissions, interest income, and revenues derived from our corporate business.”</p><p>TIGR stock was up 14.2% as of Tuesday afternoon and is up 126.1% since the start of the year.</p>","source":"lsy1603171495471","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>TIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today</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\">\nTIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 21:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/tigr-stock%3A-9-reasons-for-up-fintech-investors-to-be-happy-today-2021-05-25><strong>nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UP Fintech(NASDAQ:TIGR) stock is on the rise Tuesday and investors have plenty of reasons to celebrate today.Let’s take a dive into the most recent news for UP Fintech and see what has holders of TIGR...</p>\n\n<a href=\"https://www.nasdaq.com/articles/tigr-stock%3A-9-reasons-for-up-fintech-investors-to-be-happy-today-2021-05-25\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"https://www.nasdaq.com/articles/tigr-stock%3A-9-reasons-for-up-fintech-investors-to-be-happy-today-2021-05-25","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142858927","content_text":"UP Fintech(NASDAQ:TIGR) stock is on the rise Tuesday and investors have plenty of reasons to celebrate today.Let’s take a dive into the most recent news for UP Fintech and see what has holders of TIGR stock so happy today.The major news worth noting is the release of the company’searnings report for the first quarter of 2021.That includes adjusted earnings per share of 15 cents, which is better than the less than 1 cents reported during the same time last year.Another highlight worth noting is revenue of $81.3 million from the most recent quarter.That’s a 255.5% increase compared to the same period of the year prior.UP Fintech also saw net income for Q1 2021 come in at $21.1 million.That’s a positive switch compared to the online brokerage firm’s net loss of $500,000 from the first quarter of 2020.It’s also worth mentioning that the company added 117,000 funded accounts during the quarter.It also saw the aggregate value of assets clients allocated to the platform surpass $21.4 billion.In addition to this, its total trading volume was above $123.8 billion, which is nearly triple what it was in the first quarter of the previous year.Wu Tianhua, CEO and director of UP Fintech, said the following about the earnings boost for TIGR stock.“We are pleased to announce that our Company delivered strong growth in revenue, profits, and client assets in the first quarter of 2021. Total revenues were US$81.3 million, a 255.5% increase from the first quarter of 2020, and were bolstered by solid increases in commissions, interest income, and revenues derived from our corporate business.”TIGR stock was up 14.2% as of Tuesday afternoon and is up 126.1% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136315346,"gmtCreate":1621994268485,"gmtModify":1704365655285,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"woo","listText":"woo","text":"woo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136315346","repostId":"2138199907","repostType":4,"repost":{"id":"2138199907","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621975200,"share":"https://ttm.financial/m/news/2138199907?lang=&edition=fundamental","pubTime":"2021-05-26 04:40","market":"us","language":"en","title":"API data reportedly show a modest weekly decline in U.S. crude supplies","url":"https://stock-news.laohu8.com/highlight/detail?id=2138199907","media":"Dow Jones","summary":"The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,00","content":"<p>The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,000 barrels for the week ended May 21, according to sources. The data also reportedly showed gasoline stockpiles down by nearly 2 million barrels, while distillate inventories dropped by 5.1 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, fell by nearly 1.2 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories down by 2.2 million barrels, according to a survey of analysts conducted by S&amp;P Global Platts. It also forecast supply declines of 700,000 barrels for gasoline and 1.6 million barrels for distillates. July West Texas Intermediate crude  was at $66.02 barrel in electronic trading, compared with Tuesday's settlement  at $66.07 on the New York Mercantile Exchange.</p><p></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>API data reportedly show a modest weekly decline in U.S. crude supplies</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\">\nAPI data reportedly show a modest weekly decline in U.S. crude supplies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-26 04:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,000 barrels for the week ended May 21, according to sources. The data also reportedly showed gasoline stockpiles down by nearly 2 million barrels, while distillate inventories dropped by 5.1 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, fell by nearly 1.2 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories down by 2.2 million barrels, according to a survey of analysts conducted by S&amp;P Global Platts. It also forecast supply declines of 700,000 barrels for gasoline and 1.6 million barrels for distillates. July West Texas Intermediate crude  was at $66.02 barrel in electronic trading, compared with Tuesday's settlement  at $66.07 on the New York Mercantile Exchange.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138199907","content_text":"The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,000 barrels for the week ended May 21, according to sources. The data also reportedly showed gasoline stockpiles down by nearly 2 million barrels, while distillate inventories dropped by 5.1 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, fell by nearly 1.2 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories down by 2.2 million barrels, according to a survey of analysts conducted by S&P Global Platts. It also forecast supply declines of 700,000 barrels for gasoline and 1.6 million barrels for distillates. July West Texas Intermediate crude  was at $66.02 barrel in electronic trading, compared with Tuesday's settlement  at $66.07 on the New York Mercantile Exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136316571,"gmtCreate":1621994217193,"gmtModify":1704365653489,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"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/136316571","repostId":"1192160721","repostType":4,"repost":{"id":"1192160721","pubTimestamp":1621993483,"share":"https://ttm.financial/m/news/1192160721?lang=&edition=fundamental","pubTime":"2021-05-26 09:44","market":"us","language":"en","title":"ZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1192160721","media":"Barron's","summary":"The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its sha","content":"<p>The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its shares on Wednesday.</p>\n<p>With 133.1 million shares outstanding, this translates to a $2.4 billion valuation for ZipRecruiter, an online employment marketplace. This is below the $3 billion to $5 billion valuation ZipRecruiterhad reportedly been seekingwith the direct listing.&nbsp;The company will trade on the NYSE under the ticker ZIP.</p>\n<p>ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of class A common stock for resale,according to its prospectus.</p>\n<p>Reference prices typically have no relevance as to how the stock will trade. Rather, they are meant to be a guide that informs the public of recent private trading activity.Coinbase Global(ticker: COIN), which went public in April using a direct listing,received a $250 reference price. Its stock opened at $381. Last week,Squarespace(SQSP)received a $50 reference price andits stock opened at $48.</p>\n<p>Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee, while 110 million job seekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3%, to $418 million in 2020, the prospectus said.</p>\n<p>ZipRecruiter has raised $219 million in funding, according toCrunchbase. This includesa $156 million round in 2018co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.</p>\n<p>Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million class A shares.</p>","source":"lsy1610680873436","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>ZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion</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\">\nZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/ziprecruiter-gets-18-reference-price-or-direct-listing-valuing-the-online-job-marketplace-at-2-4-billion-51621980756?mod=newsviewer_click><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its shares on Wednesday.\nWith 133.1 million shares outstanding, this translates to a $2.4 billion valuation...</p>\n\n<a href=\"https://www.marketwatch.com/articles/ziprecruiter-gets-18-reference-price-or-direct-listing-valuing-the-online-job-marketplace-at-2-4-billion-51621980756?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.marketwatch.com/articles/ziprecruiter-gets-18-reference-price-or-direct-listing-valuing-the-online-job-marketplace-at-2-4-billion-51621980756?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192160721","content_text":"The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its shares on Wednesday.\nWith 133.1 million shares outstanding, this translates to a $2.4 billion valuation for ZipRecruiter, an online employment marketplace. This is below the $3 billion to $5 billion valuation ZipRecruiterhad reportedly been seekingwith the direct listing. The company will trade on the NYSE under the ticker ZIP.\nZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of class A common stock for resale,according to its prospectus.\nReference prices typically have no relevance as to how the stock will trade. Rather, they are meant to be a guide that informs the public of recent private trading activity.Coinbase Global(ticker: COIN), which went public in April using a direct listing,received a $250 reference price. Its stock opened at $381. Last week,Squarespace(SQSP)received a $50 reference price andits stock opened at $48.\nFounded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee, while 110 million job seekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3%, to $418 million in 2020, the prospectus said.\nZipRecruiter has raised $219 million in funding, according toCrunchbase. This includesa $156 million round in 2018co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.\nSeveral shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million class A shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136311590,"gmtCreate":1621994094810,"gmtModify":1704365650205,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"m","listText":"m","text":"m","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/136311590","repostId":"1118900474","repostType":4,"repost":{"id":"1118900474","pubTimestamp":1621993653,"share":"https://ttm.financial/m/news/1118900474?lang=&edition=fundamental","pubTime":"2021-05-26 09:47","market":"us","language":"en","title":"Renewed Covid outbreak in Asia is not a big worry, says Citi strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1118900474","media":"cnbc","summary":"KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about ","content":"<div>\n<p>KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about too extensively,” said Ken Peng, Citi Private Bank’s head of Asia investment strategy.\nAgainst such ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.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>Renewed Covid outbreak in Asia is not a big worry, says Citi strategist</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\">\nRenewed Covid outbreak in Asia is not a big worry, says Citi strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about too extensively,” said Ken Peng, Citi Private Bank’s head of Asia investment strategy.\nAgainst such ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAL":"美国航空","09988":"阿里巴巴-W","BABA":"阿里巴巴","03690":"美团-W","MPNGY":"美团ADR"},"source_url":"https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118900474","content_text":"KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about too extensively,” said Ken Peng, Citi Private Bank’s head of Asia investment strategy.\nAgainst such a backdrop, investors could go after “Covid-impaired” stocks such as airlines and other companies in the travel sector, said Peng.\nThe strategist also sees opportunities to buy Chinese tech stocks on the dip.\n\nThe renewed rise in Covid-19 cases across Asia is not a big worry and the region's economy will get back on track when the outbreak eases, said an investment strategist from Citi Private Bank.\nAgainst such a backdrop, investors could go after \"Covid-impaired\" stocks such as airlines and other companies in the travel and leisure sector, said Ken Peng, the bank's head of Asia investment strategy.\nPeng told CNBC's \"Capital Connection\" on Tuesday that Asia is not experiencing a resurgence in Covid for the first time.\n\"That's a movie we've seen before,\" he said.\n\"It happened in the winter (that) just passed and it also happened last third quarter when we had these waves, and then once the cases come down, you see the economic recovery back on track. So I think that's not something we need to worry about too extensively,\" he added.\nAsian economies from Nepal to Malaysia and Taiwan have reportedrecord daily increases in Covid infectionsin the last few weeks, according to data compiled by Johns Hopkins University.\nOver in India, which has the world's second-worst outbreak, daily cases have remained elevated although trending lower from record-high levels in early May, the data showed.\nChina tech, commodities\nIn addition to sectors that have been hit hard in the pandemic, Peng said he sees opportunities to buyChinese tech stockson the dip. He added that the share prices of some of those stocks have declined as a result of regulatory scrutiny.\nThe strategist also said he's \"very positive\" on the commodities space, with demand from China, the U.S. and Europe likely staying resilient.\n\"These countries that are closer to herd immunity are likely to continue to see commodity demand rising. So I think as the global recovery continues, we shouldn't worry too much about commodities at the moment,\" said Peng.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":127317366,"gmtCreate":1624835677055,"gmtModify":1703845620037,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/127317366","repostId":"2146000990","repostType":4,"repost":{"id":"2146000990","pubTimestamp":1624762068,"share":"https://ttm.financial/m/news/2146000990?lang=&edition=fundamental","pubTime":"2021-06-27 10:47","market":"us","language":"en","title":"Better Buy: Activision Blizzard vs. Take Two","url":"https://stock-news.laohu8.com/highlight/detail?id=2146000990","media":"Motley Fool","summary":"Which top gaming stock will deliver the better return over the next five years?","content":"<p>The growth of interactive entertainment is an attractive area to look for long-term investments. The millions of new players who started gaming during the pandemic, along with the console launches from <b>Sony</b>&nbsp;and <b>Microsoft</b>, are catalysts for the big game companies to sell more content into a wider installed base.</p>\n<p><b>Activision Blizzard</b> (NASDAQ:ATVI) and <b>Take-<a href=\"https://laohu8.com/S/TWOA.U\">Two</a> Interactive</b>&nbsp;(NASDAQ:TTWO) are two market leaders that operate some of the best-selling game franchises in the industry. Activision is known for <i>Call of Duty</i> and <i>World of Warcraft</i> and generates over $8 billion a year in bookings (a non-GAAP measure of revenue).&nbsp;Take-<a href=\"https://laohu8.com/S/TWOA\">Two</a>'s <i>Grand Theft Auto V</i> has sold a staggering 145 million copies,&nbsp;which has pushed the company's bookings to over $3 billion.</p>\n<p>I'll say up front that I believe Take-Two is well-positioned to deliver much better returns than Activision Blizzard over the next five years. Here's why.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/30e93ec376dbf9d2b1e80588b2008646\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>The margin gap</h2>\n<p>Activision has many good qualities investors look for in an investment. It has eight franchises that have generated $1 billion in lifetime bookings.&nbsp;It has a large player base of over 400 million monthly active users,&nbsp;and management has a great record of allocating capital through acquisitions that create shareholder returns. Over the last year, the company generated a healthy free cash flow margin of 33% compared to revenue and paid $316 million in dividends to shareholders.</p>\n<p>While Take-Two is smaller and is more dependent on a few franchises, CEO Strauss Zelnick, who took over in 2011,&nbsp;is gradually turning Take-Two into a bigger and more profitable leader in the industry. Since <i>Grand Theft Auto V</i>&nbsp;launched in 2013, Take-Two's free cash flow has increased by 347% to $843 million. The digital distribution of games has brought more-consistent profits for management to reinvest in expanding its game library, with the long-term goal to build greater scale, reach more players, and improve operating margin.</p>\n<p>Compared to Activision's stellar operating margin of 35.2%, Take-Two's operating margin is currently at 18.7% on a trailing-12-month basis, but that's exactly why Take-Two offers more upside to investors. It has made major strides to squeeze more profits out of its business, and its operating margin is still trending up.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/bf60ea29fdc7bd56d2ec45cb947ce369\" tg-width=\"720\" tg-height=\"387\"><span>ATVI operating margin (TTM) data by YCharts. TTM = trailing 12 months.</span></p>\n<p>If Take-Two's operating margin improves to over 20%, it will drive much faster growth in earnings per share and fuel a rising share price.</p>\n<p>Here are the consensus analyst estimates for Activision's adjusted operating margin and EPS growth through 2023.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>2021</th>\n   <th>2022</th>\n   <th>2023</th>\n  </tr>\n  <tr>\n   <td>Adjusted operating margin</td>\n   <td>42.8%</td>\n   <td>44.1%</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Adjusted EPS</td>\n   <td>8.4%</td>\n   <td>18%</td>\n   <td>4.6%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Atom Finance.</p>\n<p>Here are the same estimates for Take-Two.</p>\n<table border=\"1\">\n <tbody>\n  <tr>\n   <th>Metric</th>\n   <th>Fiscal 2022</th>\n   <th>Fiscal 2023</th>\n   <th>Fiscal 2024</th>\n  </tr>\n  <tr>\n   <td>Adjusted operating margin</td>\n   <td>19%</td>\n   <td>23.2%</td>\n   <td>24.6%</td>\n  </tr>\n  <tr>\n   <td>Adjusted EPS (loss)</td>\n   <td>(28.5%)</td>\n   <td>49.9%</td>\n   <td>30.8%</td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Atom Finance. Take-Two's fiscal year ends in March.</p>\n<p>Take-Two's EPS is expected to decline this year due to the investments in marketing, personnel, and IT that management is spending to launch the new game pipeline over the next few years.&nbsp;It's&nbsp;hiring more game developers ahead of its deepest upcoming release slate in history, with a grand total of 62 releases across existing and new titles.</p>\n<p>Beyond the near term, the continued decline in distribution costs for games remains a catalyst to grow profits for both companies. Still, analysts expect Take-Two to expand its margin by a greater amount, which could lead to better returns for investors.</p>\n<h2>Take-Two stock is cheaper with more upside</h2>\n<p>Activision should remain a good long-term investment. Management believes it can reach 1 billion monthly active users, as the company expands its mobile game business.&nbsp;But investors are paying a higher price for&nbsp;Activision's greater game diversity, and perceived lower business risk.</p>\n<p>Activision stock trades at a price-to-sales ratio of 8.5, which is much higher than Take-Two's sales multiple of 6.&nbsp;But as Take-Two expands its game catalog, this relatively lower sales multiple won't be justified.</p>\n<p>Take-Two's <i>Grand Theft Auto V</i> and <i>Red Dead Redemption 2</i> have sold a combined 182 million copies, establishing a large player base to build on with future releases. Take-Two has almost endless opportunities with these top franchises to grow higher-margin digital sales with more expansion updates.</p>\n<p>Because of its higher ceiling for margin expansion and earnings growth, I would buy Take-Two over Activision right now.</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>Better Buy: Activision Blizzard vs. Take Two</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\">\nBetter Buy: Activision Blizzard vs. Take Two\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 10:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/26/better-buy-activision-blizzard-vs-take-two/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The growth of interactive entertainment is an attractive area to look for long-term investments. The millions of new players who started gaming during the pandemic, along with the console launches ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/26/better-buy-activision-blizzard-vs-take-two/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ATVI":"动视暴雪"},"source_url":"https://www.fool.com/investing/2021/06/26/better-buy-activision-blizzard-vs-take-two/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146000990","content_text":"The growth of interactive entertainment is an attractive area to look for long-term investments. The millions of new players who started gaming during the pandemic, along with the console launches from Sony and Microsoft, are catalysts for the big game companies to sell more content into a wider installed base.\nActivision Blizzard (NASDAQ:ATVI) and Take-Two Interactive (NASDAQ:TTWO) are two market leaders that operate some of the best-selling game franchises in the industry. Activision is known for Call of Duty and World of Warcraft and generates over $8 billion a year in bookings (a non-GAAP measure of revenue). Take-Two's Grand Theft Auto V has sold a staggering 145 million copies, which has pushed the company's bookings to over $3 billion.\nI'll say up front that I believe Take-Two is well-positioned to deliver much better returns than Activision Blizzard over the next five years. Here's why.\nImage source: Getty Images.\nThe margin gap\nActivision has many good qualities investors look for in an investment. It has eight franchises that have generated $1 billion in lifetime bookings. It has a large player base of over 400 million monthly active users, and management has a great record of allocating capital through acquisitions that create shareholder returns. Over the last year, the company generated a healthy free cash flow margin of 33% compared to revenue and paid $316 million in dividends to shareholders.\nWhile Take-Two is smaller and is more dependent on a few franchises, CEO Strauss Zelnick, who took over in 2011, is gradually turning Take-Two into a bigger and more profitable leader in the industry. Since Grand Theft Auto V launched in 2013, Take-Two's free cash flow has increased by 347% to $843 million. The digital distribution of games has brought more-consistent profits for management to reinvest in expanding its game library, with the long-term goal to build greater scale, reach more players, and improve operating margin.\nCompared to Activision's stellar operating margin of 35.2%, Take-Two's operating margin is currently at 18.7% on a trailing-12-month basis, but that's exactly why Take-Two offers more upside to investors. It has made major strides to squeeze more profits out of its business, and its operating margin is still trending up.\nATVI operating margin (TTM) data by YCharts. TTM = trailing 12 months.\nIf Take-Two's operating margin improves to over 20%, it will drive much faster growth in earnings per share and fuel a rising share price.\nHere are the consensus analyst estimates for Activision's adjusted operating margin and EPS growth through 2023.\n\n\n\nMetric\n2021\n2022\n2023\n\n\nAdjusted operating margin\n42.8%\n44.1%\n45%\n\n\nAdjusted EPS\n8.4%\n18%\n4.6%\n\n\n\nData source: Atom Finance.\nHere are the same estimates for Take-Two.\n\n\n\nMetric\nFiscal 2022\nFiscal 2023\nFiscal 2024\n\n\nAdjusted operating margin\n19%\n23.2%\n24.6%\n\n\nAdjusted EPS (loss)\n(28.5%)\n49.9%\n30.8%\n\n\n\nData source: Atom Finance. Take-Two's fiscal year ends in March.\nTake-Two's EPS is expected to decline this year due to the investments in marketing, personnel, and IT that management is spending to launch the new game pipeline over the next few years. It's hiring more game developers ahead of its deepest upcoming release slate in history, with a grand total of 62 releases across existing and new titles.\nBeyond the near term, the continued decline in distribution costs for games remains a catalyst to grow profits for both companies. Still, analysts expect Take-Two to expand its margin by a greater amount, which could lead to better returns for investors.\nTake-Two stock is cheaper with more upside\nActivision should remain a good long-term investment. Management believes it can reach 1 billion monthly active users, as the company expands its mobile game business. But investors are paying a higher price for Activision's greater game diversity, and perceived lower business risk.\nActivision stock trades at a price-to-sales ratio of 8.5, which is much higher than Take-Two's sales multiple of 6. But as Take-Two expands its game catalog, this relatively lower sales multiple won't be justified.\nTake-Two's Grand Theft Auto V and Red Dead Redemption 2 have sold a combined 182 million copies, establishing a large player base to build on with future releases. Take-Two has almost endless opportunities with these top franchises to grow higher-margin digital sales with more expansion updates.\nBecause of its higher ceiling for margin expansion and earnings growth, I would buy Take-Two over Activision right now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":571,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":111616749,"gmtCreate":1622678624281,"gmtModify":1704188646419,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"huat","listText":"huat","text":"huat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/111616749","repostId":"2140448417","repostType":4,"repost":{"id":"2140448417","pubTimestamp":1622648316,"share":"https://ttm.financial/m/news/2140448417?lang=&edition=fundamental","pubTime":"2021-06-02 23:38","market":"us","language":"en","title":"What You Should Know About Upstart Holdings' Valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=2140448417","media":"Motley Fool","summary":"Investors are paying a big premium for this artificial intelligence-driven lending disruptor.","content":"<p>When it comes to lending money, the fundamentals haven't changed much over the years. Banks typically want to see a steady income, responsible spending habits, and an item of security -- like a house or a car -- before writing loans. Technology has improved the process significantly, and it continues to evolve to provide more information to lenders and more options for consumers.</p>\n<p><b>Upstart Holdings </b>(NASDAQ:UPST) is all-digital lending platform with an artificial intelligence model that measures alternative metrics when assessing a potential borrower. The company uses the technology to help originate loans for lenders, and its business model is already delivering profits. Its valuation, though, has ballooned as enthusiastic investors bet heavily on the stock -- and it could take <i>years </i>for profits to catch up. Is it still worth an investment today?</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/47a7615523095573d390a24d22976d99\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images.</span></p>\n<h2>How it works</h2>\n<p>Upstart partners with banks that write unsecured loans, to borrowers who might have a moderate to low income and might be used to paying higher interest rates. Some of its offerings include personal loans, wedding loans, credit card consolidation, and car loans. The annual percentage rate (interest) for an Upstart loan is in the 8.27% to 35.99% range, depending on the product.</p>\n<p>Total non-housing consumer debt in the U.S. stood at more than $4.1 trillion in Q1, including about $745 billion in ''revolving credit'' (credit cards and other loans consumers can pay down, reuse, and carry balances on). Upstart has a substantial market opportunity that it has only just begun to tap.</p>\n<p>Potential borrowers can submit a loan application through a bank that uses Upstart's application programming interface (API). Behind the scenes, the company's artificial intelligence is assessing the proposed loan, looking at more than 1,000 data points to provide a decision instantly (in most cases).</p>\n<p>Upstart's algorithm has the ability to assess a borrower based on nontraditional metrics. For example, it accounts for a borrower's education and where they went to school, in addition to their job history, rather than just on income and assets. The company claims its decision process can reduce default rates by 75%. In fact, it boasts 173% <i>more</i> approvals for the same overall loan loss rate.</p>\n<h2>Priced for perfection</h2>\n<p>Banks are usually valued methodically, using metrics like tangible book value and earnings per share. Investors have decades' worth of historical earnings and valuations to work with when assessing financial institutions. New technology makes the process a bit different -- investors don't have the same history to study, and disruptive companies can therefore be difficult to value.</p>\n<p>At the moment, Upstart is trading like a growth-oriented tech company, and this <i>could </i>be warranted since it's effectively a software business.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Year</p></th>\n   <th><p>Revenue</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>2018</p></td>\n   <td><p>$99 million</p></td>\n  </tr>\n  <tr>\n   <td><p>2019</p></td>\n   <td><p>$164 million</p></td>\n  </tr>\n  <tr>\n   <td><p>2020</p></td>\n   <td><p>$233 million</p></td>\n  </tr>\n  <tr>\n   <td><p>Q1 2021</p></td>\n   <td><p>$121 million</p></td>\n  </tr>\n </tbody>\n</table>\n<p>Data source: Company filings.</p>\n<p>At Wednesday's prices, Upstart has a market cap over $11 billion, with full-year 2020 net income of $6 million. The company beat that total in this year's first quarter, with a net income of $10.1 million, so you can see how fast it's growing. However, it will likely need to earn significantly more for its current valuation to remain at these lofty levels.</p>\n<p>The company expects to earn $500 million in revenue in 2021 -- which would represent 114% in yearly revenue growth -- and based on the Q1 result, this could translate to over $40 million in net income.</p>\n<p>For the company to keep up this pace, it will most likely need new catalysts, and it likely has them.&nbsp;Upstart is now offering its platform technology to auto financiers, to capture a piece of the single largest lending segment after housing. Total auto loans in the U.S. grew to $1.37 trillion in 2020, and car shortages have led to higher prices and pent up demand across the board.</p>\n<p>The company has trailing 12-month revenue of $290 million, so the stock currently trades at a revenue multiple of roughly 38 times. That's higher than <b>Tesla</b>'s! With the growth opportunities Upstart is expecting, the company has the opportunity to grow its way into a less intimidating multiple over the next few years.&nbsp;But if you're buying it today, Upstart <i>must</i> deliver.</p>\n<h2>Looking forward</h2>\n<p>Upstart is showing promising growth in originations, with $1.73 billion in Q1, up 102% year over year on 169,750 total loans. This is <a href=\"https://laohu8.com/S/AONE\">one</a> of the best metrics to measure the company's performance, as it translates directly to revenue. Since the company's algorithm instantly and automatically approved 71% of those loans, the scalability of this business is potentially enormous.</p>\n<p>If the company continues to deliver growth in net income, its stock will likely remain buoyant -- although the risk to the valuation <i>might </i>be to the downside, depending how fast that growth is. The question for investors is whether there is enough upside potential from here to warrant that risk. Upstart is guiding for a similar amount of net income in the second quarter as it delivered in Q1, putting the company on track to generate less than $50 million this year. That might not be enough to sustain its current market cap.</p>\n<p>However, for investors with a five-year time horizon (or more), Upstart could present a strong growth opportunity.</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>What You Should Know About Upstart Holdings' Valuation</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhat You Should Know About Upstart Holdings' Valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-02 23:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/02/what-you-should-know-about-upstart-holdings-valuat/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When it comes to lending money, the fundamentals haven't changed much over the years. Banks typically want to see a steady income, responsible spending habits, and an item of security -- like a house ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/02/what-you-should-know-about-upstart-holdings-valuat/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UPST":"Upstart Holdings, Inc."},"source_url":"https://www.fool.com/investing/2021/06/02/what-you-should-know-about-upstart-holdings-valuat/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2140448417","content_text":"When it comes to lending money, the fundamentals haven't changed much over the years. Banks typically want to see a steady income, responsible spending habits, and an item of security -- like a house or a car -- before writing loans. Technology has improved the process significantly, and it continues to evolve to provide more information to lenders and more options for consumers.\nUpstart Holdings (NASDAQ:UPST) is all-digital lending platform with an artificial intelligence model that measures alternative metrics when assessing a potential borrower. The company uses the technology to help originate loans for lenders, and its business model is already delivering profits. Its valuation, though, has ballooned as enthusiastic investors bet heavily on the stock -- and it could take years for profits to catch up. Is it still worth an investment today?\nImage Source: Getty Images.\nHow it works\nUpstart partners with banks that write unsecured loans, to borrowers who might have a moderate to low income and might be used to paying higher interest rates. Some of its offerings include personal loans, wedding loans, credit card consolidation, and car loans. The annual percentage rate (interest) for an Upstart loan is in the 8.27% to 35.99% range, depending on the product.\nTotal non-housing consumer debt in the U.S. stood at more than $4.1 trillion in Q1, including about $745 billion in ''revolving credit'' (credit cards and other loans consumers can pay down, reuse, and carry balances on). Upstart has a substantial market opportunity that it has only just begun to tap.\nPotential borrowers can submit a loan application through a bank that uses Upstart's application programming interface (API). Behind the scenes, the company's artificial intelligence is assessing the proposed loan, looking at more than 1,000 data points to provide a decision instantly (in most cases).\nUpstart's algorithm has the ability to assess a borrower based on nontraditional metrics. For example, it accounts for a borrower's education and where they went to school, in addition to their job history, rather than just on income and assets. The company claims its decision process can reduce default rates by 75%. In fact, it boasts 173% more approvals for the same overall loan loss rate.\nPriced for perfection\nBanks are usually valued methodically, using metrics like tangible book value and earnings per share. Investors have decades' worth of historical earnings and valuations to work with when assessing financial institutions. New technology makes the process a bit different -- investors don't have the same history to study, and disruptive companies can therefore be difficult to value.\nAt the moment, Upstart is trading like a growth-oriented tech company, and this could be warranted since it's effectively a software business.\n\n\n\nYear\nRevenue\n\n\n\n\n2018\n$99 million\n\n\n2019\n$164 million\n\n\n2020\n$233 million\n\n\nQ1 2021\n$121 million\n\n\n\nData source: Company filings.\nAt Wednesday's prices, Upstart has a market cap over $11 billion, with full-year 2020 net income of $6 million. The company beat that total in this year's first quarter, with a net income of $10.1 million, so you can see how fast it's growing. However, it will likely need to earn significantly more for its current valuation to remain at these lofty levels.\nThe company expects to earn $500 million in revenue in 2021 -- which would represent 114% in yearly revenue growth -- and based on the Q1 result, this could translate to over $40 million in net income.\nFor the company to keep up this pace, it will most likely need new catalysts, and it likely has them. Upstart is now offering its platform technology to auto financiers, to capture a piece of the single largest lending segment after housing. Total auto loans in the U.S. grew to $1.37 trillion in 2020, and car shortages have led to higher prices and pent up demand across the board.\nThe company has trailing 12-month revenue of $290 million, so the stock currently trades at a revenue multiple of roughly 38 times. That's higher than Tesla's! With the growth opportunities Upstart is expecting, the company has the opportunity to grow its way into a less intimidating multiple over the next few years. But if you're buying it today, Upstart must deliver.\nLooking forward\nUpstart is showing promising growth in originations, with $1.73 billion in Q1, up 102% year over year on 169,750 total loans. This is one of the best metrics to measure the company's performance, as it translates directly to revenue. Since the company's algorithm instantly and automatically approved 71% of those loans, the scalability of this business is potentially enormous.\nIf the company continues to deliver growth in net income, its stock will likely remain buoyant -- although the risk to the valuation might be to the downside, depending how fast that growth is. The question for investors is whether there is enough upside potential from here to warrant that risk. Upstart is guiding for a similar amount of net income in the second quarter as it delivered in Q1, putting the company on track to generate less than $50 million this year. That might not be enough to sustain its current market cap.\nHowever, for investors with a five-year time horizon (or more), Upstart could present a strong growth opportunity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":152683296,"gmtCreate":1625287712215,"gmtModify":1703740039405,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152683296","repostId":"1165340887","repostType":4,"repost":{"id":"1165340887","pubTimestamp":1625257396,"share":"https://ttm.financial/m/news/1165340887?lang=&edition=fundamental","pubTime":"2021-07-03 04:23","market":"us","language":"en","title":"U.S. stocks sweep to fresh highs after strong jobs report","url":"https://stock-news.laohu8.com/highlight/detail?id=1165340887","media":"yahoo","summary":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.The S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Sh","content":"<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.</p>\n<p>The S&amp;P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.</p>\n<p>Investorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.</p>\n<p>\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"</p>\n<p>Heading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.</p>\n<p>\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"</p>\n<p>Friday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.</p>\n<p>“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"</p>\n<p>Still, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.</p>\n<p>\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"</p>\n<p>Even with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.</p>\n<p>“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.</p>\n<p>4:01 p.m. ET: Stocks close higher, S&amp;P 500 posts longest winning streak since August 2020</p>\n<p>Here's where markets closed out on Friday:</p>\n<ul>\n <li><p><b>S&amp;P 500 (^GSPC)</b>: +32.51 (+0.75%) to 4,352.45</p></li>\n <li><p><b>Dow (^DJI)</b>: +154.4 (+0.45%) to 34,787.93</p></li>\n <li><p><b>Nasdaq (^IXIC)</b>: +116.95 (+0.81%) to 14,639.33</p></li>\n</ul>","source":"lsy1584348713084","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. stocks sweep to fresh highs after strong jobs report</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. stocks sweep to fresh highs after strong jobs report\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-03 04:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record ...</p>\n\n<a href=\"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"source_url":"https://finance.yahoo.com/news/stock-market-news-live-updates-july-2-2021-221546079-221120965.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165340887","content_text":"Stocks rose Friday to record levels as investors digested a key print on the U.S. labor market recovery, which pointed to a faster pace of payroll gains than expected.\nThe S&P 500 set another record high, kicking off the first sessions of the third quarter on a high note. The blue-chip index logged a seventh straight day of gains in its longest winning streak since August 2020. The Nasdaq also hit all-time intraday and closing highs, and the Dow gained to set its first record high since May 7. Shares of Tesla (TSLA) fluctuated before ending slightly higher after the electric car-maker's second-quarter deliveries hit a new record but still missed analysts' estimates, based on Bloomberg consensus data.\nInvestorsconsidered the U.S. Labor Department's June jobs report, the central economic data point that came out this week. The print showed a stronger-than-anticipated acceleration in hiring, with non-farm payrolls rising by 850,000 for a sixth straight monthly gain. The unemployment rate, however, unexpectedly ticked up slightly to 5.9%.\n\"This is the 'Goldilocks report' that the market was looking for today. You had a nice print here of 850,000 jobs being added, wage pressure remaining — I wouldn't call them necessarily contained — but surprising here on the downside versus consensus estimates. So this is telling us right now that economic growth is continuing to accelerate here, the jobs market is continuing to heal,\" Emily Roland, co-chief investment strategist at John Hancock Investment Management, told Yahoo Finance. \"We're making progress here in terms of what the Fed has set out to do, which is in order to get unemployment get down, they're going to let inflation run a little bit hot here. Not too hot, not too cold — this is just what the market wants.\"\nHeading into the report, equities have been buoyed by a slew of strong economic data earlier this week, especially on the labor market.Private payrolls rose by a better-than-expected 692,000 in June,according to ADP, andweekly initial jobless claims improved more than expectedto the lowest level since March 2020. Still, other reports underscored the still-prevalent labor supply challenges impacting companies across industries, with the scarcity capping what has otherwise been a robust economic rebound.\n\"It's really the labor market supply that's putting the brake on hiring right now,\" Luke Tilley, chief economist for Wilmington Trust, told Yahoo Finance. \"But we're pretty optimistic, the market is pretty optimistic, and we think that's a big part of what's driving these indexes higher.\"\nFriday's jobs report will also give markets a suggestion as to the timing of the Federal Reserve's next monetary policy move. For now, the Fed has kept in place both of its key crisis-era policies, or quantitative easing and a near-zero benchmark interest rate. However, an especially strong jobs report and faster-than-expected print on wage growth could justify an earlier-than-currently-telegraphed shift by the central bank.\n“For the first time in years, I’m actually worried about a too hot number causing some kind of volatility or pullback in stocks. That’s because the Fed has signaled they are looking to taper QE,\" Tom Essaye, Sevens Report Research founder,told Yahoo Finance. \"And if we get a really, really strong jobs number and a hot wage number, then markets are going to start to say gee, are they going to taper QE maybe before November, or are they going to taper it more intensely than we thought and in a market that's frankly been very calm and a little bit complacent, that could cause volatility.\"\nStill, the Fed has suggested it would not react rashly to single reports, and has given itself leeway to adjust the timeline of its monetary policy pivots as more data comes in.\n\"I think everyone's counting on the Fed continuing really for the foreseeable future. So I don't see any big changes there coming before 2023,\" Octavio Marenzi, CEO and founder of Opimas,told Yahoo Finance.\"And even then the Fed has hedged its bets very significantly — they've basically said we might in 2023 raise interest rates twice, but then again we might not. So I think the smart money is betting things are going to keep on going, they're going to carry on with a very accommodative monetary policy.\"\nEven with the recent strength for stocks, market strategists say that uncertainty about the future of the Fed’s asset purchases and the upcoming earnings season could keep stocks from making major gains in the near term.\n“The market is still very much concerned about the Fed’s reaction function,” said Max Gokhman, head of asset allocation at Pacific Life Fund Advisors, adding that he thought there was still a lot of slack in the labor market.\n4:01 p.m. ET: Stocks close higher, S&P 500 posts longest winning streak since August 2020\nHere's where markets closed out on Friday:\n\nS&P 500 (^GSPC): +32.51 (+0.75%) to 4,352.45\nDow (^DJI): +154.4 (+0.45%) to 34,787.93\nNasdaq (^IXIC): +116.95 (+0.81%) to 14,639.33","news_type":1},"isVote":1,"tweetType":1,"viewCount":202,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123076904,"gmtCreate":1624405253808,"gmtModify":1703835508585,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/123076904","repostId":"2145066030","repostType":4,"repost":{"id":"2145066030","pubTimestamp":1624404720,"share":"https://ttm.financial/m/news/2145066030?lang=&edition=fundamental","pubTime":"2021-06-23 07:32","market":"us","language":"en","title":"After-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2145066030","media":"StreetInsider","summary":"After-Hours Stock Movers:\nGemini Therapeutics, Inc. (Nasdaq: GMTX) 35.7% LOWER; announced initial da","content":"<p>After-Hours Stock Movers:</p>\n<p><a href=\"https://laohu8.com/S/GMTX\">Gemini Therapeutics, Inc.</a> (Nasdaq: GMTX) 35.7% LOWER; announced initial data from its Phase 2a ReGAtta study of GEM103 as of May 2021 in patients with geographic atrophy (GA) secondary to dry <a href=\"https://laohu8.com/S/AMD\">AMD</a>. ReGAtta is a dose escalation trial of GEM103, which is intravitreally administered recombinant human complement factor H (CFH), in dry AMD patients. The trial, which remains ongoing, is designed to evaluate safety and tolerability, as well as measures of intraocular pharmacokinetics (PK) and disease-relevant biomarkers, to inform the late-stage development program.</p>\n<p><a href=\"https://laohu8.com/S/EYES\">Second Sight Medical Products</a>, Inc. (NASDAQ: EYES) 16.5% LOWER; announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.</p>\n<p>SeaChange Int'l (NASDAQ: SEAC) 14.3% HIGHER; Chairman, Robert Pons, bought 100,000 shares on 06/21 at $1.06.</p>\n<p>Bentley Systems, Incorporated (Nasdaq: BSY) 3.6% LOWER; announced that it intends to offer $500.0 million aggregate principal amount of convertible senior notes due 2027 (the Notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Bentley also expects to grant the initial purchasers of the Notes a 13-day option to purchase up to an additional $75.0 million aggregate principal amount of Notes.</p>\n<p>WillScot <a href=\"https://laohu8.com/S/MINI\">Mobile Mini</a> Holdings Corp. (Nasdaq: WSC) 1.8% LOWER; announced the launch of an underwritten, secondary offering (the Offering) of 14,000,000 shares (the Shares) of its common stock, par value $0.0001 per share (the Common Stock). The Shares are being offered by the Companys principal shareholder, Sapphire Holding S.Ã r.l., an entity controlled by TDR Capital (the Selling Stockholder). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,100,000 shares. The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.</p>\n<p><a href=\"https://laohu8.com/S/SHAK\">Shake Shack Inc</a>. (NYSE: SHAK) 1.5% HIGHER; SHAK and licensee Maxims Caterers Limited are continuing the momentum in China with an expanded partnership to open 10 Shacks in new territories by 2031, including locations in Sichuan, Chongqing, Yunnan, Hubei, Shaanxi, Anhui, Henan and Guizhou.</p>\n<p>Clean Energy Fuels (NASDAQ: CLNE) 1.5% HIGHER; disclosed that on June 21, 2022, the Company contributed $50 million to the bpJV and forced conversion of bp's Class B Units into Class A Units.</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>After-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower</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\">\nAfter-Hours Stock Movers: (SEAC) (SHAK) (CLNE) Higher; (GMTX) (EYES) (BSY) Lower\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 07:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18591459><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After-Hours Stock Movers:\nGemini Therapeutics, Inc. (Nasdaq: GMTX) 35.7% LOWER; announced initial data from its Phase 2a ReGAtta study of GEM103 as of May 2021 in patients with geographic atrophy (GA)...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18591459\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLNE":"Clean Energy Fuels Corp","SEAC":"海易国际","BSY":"Bentley Systems, Inc.","SHAK":"Shake Shack Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18591459","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145066030","content_text":"After-Hours Stock Movers:\nGemini Therapeutics, Inc. (Nasdaq: GMTX) 35.7% LOWER; announced initial data from its Phase 2a ReGAtta study of GEM103 as of May 2021 in patients with geographic atrophy (GA) secondary to dry AMD. ReGAtta is a dose escalation trial of GEM103, which is intravitreally administered recombinant human complement factor H (CFH), in dry AMD patients. The trial, which remains ongoing, is designed to evaluate safety and tolerability, as well as measures of intraocular pharmacokinetics (PK) and disease-relevant biomarkers, to inform the late-stage development program.\nSecond Sight Medical Products, Inc. (NASDAQ: EYES) 16.5% LOWER; announced that it intends to offer to sell shares of its common stock in an underwritten public offering. All of the shares of common stock are to be sold by the Company. The offering is subject to market conditions and there can be no assurance as to whether or when the offering may be completed, or as to the actual size or terms of the offering.\nSeaChange Int'l (NASDAQ: SEAC) 14.3% HIGHER; Chairman, Robert Pons, bought 100,000 shares on 06/21 at $1.06.\nBentley Systems, Incorporated (Nasdaq: BSY) 3.6% LOWER; announced that it intends to offer $500.0 million aggregate principal amount of convertible senior notes due 2027 (the Notes) in a private offering to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the Securities Act). Bentley also expects to grant the initial purchasers of the Notes a 13-day option to purchase up to an additional $75.0 million aggregate principal amount of Notes.\nWillScot Mobile Mini Holdings Corp. (Nasdaq: WSC) 1.8% LOWER; announced the launch of an underwritten, secondary offering (the Offering) of 14,000,000 shares (the Shares) of its common stock, par value $0.0001 per share (the Common Stock). The Shares are being offered by the Companys principal shareholder, Sapphire Holding S.Ã r.l., an entity controlled by TDR Capital (the Selling Stockholder). The Selling Stockholder granted the underwriter a 30-day option to purchase up to an additional 2,100,000 shares. The Company is not offering any shares in the Offering and will not receive any of the proceeds from the Offering.\nShake Shack Inc. (NYSE: SHAK) 1.5% HIGHER; SHAK and licensee Maxims Caterers Limited are continuing the momentum in China with an expanded partnership to open 10 Shacks in new territories by 2031, including locations in Sichuan, Chongqing, Yunnan, Hubei, Shaanxi, Anhui, Henan and Guizhou.\nClean Energy Fuels (NASDAQ: CLNE) 1.5% HIGHER; disclosed that on June 21, 2022, the Company contributed $50 million to the bpJV and forced conversion of bp's Class B Units into Class A Units.","news_type":1},"isVote":1,"tweetType":1,"viewCount":325,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136311590,"gmtCreate":1621994094810,"gmtModify":1704365650205,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"m","listText":"m","text":"m","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/136311590","repostId":"1118900474","repostType":4,"repost":{"id":"1118900474","pubTimestamp":1621993653,"share":"https://ttm.financial/m/news/1118900474?lang=&edition=fundamental","pubTime":"2021-05-26 09:47","market":"us","language":"en","title":"Renewed Covid outbreak in Asia is not a big worry, says Citi strategist","url":"https://stock-news.laohu8.com/highlight/detail?id=1118900474","media":"cnbc","summary":"KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about ","content":"<div>\n<p>KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about too extensively,” said Ken Peng, Citi Private Bank’s head of Asia investment strategy.\nAgainst such ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.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>Renewed Covid outbreak in Asia is not a big worry, says Citi strategist</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\">\nRenewed Covid outbreak in Asia is not a big worry, says Citi strategist\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about too extensively,” said Ken Peng, Citi Private Bank’s head of Asia investment strategy.\nAgainst such ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAL":"美国航空","09988":"阿里巴巴-W","BABA":"阿里巴巴","03690":"美团-W","MPNGY":"美团ADR"},"source_url":"https://www.cnbc.com/2021/05/26/investing-citi-private-bank-on-asia-covid-outbreak-china-tech-stocks.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1118900474","content_text":"KEY POINTS\n\nThe renewed rise in Covid-19 cases across Asia is “not something we need to worry about too extensively,” said Ken Peng, Citi Private Bank’s head of Asia investment strategy.\nAgainst such a backdrop, investors could go after “Covid-impaired” stocks such as airlines and other companies in the travel sector, said Peng.\nThe strategist also sees opportunities to buy Chinese tech stocks on the dip.\n\nThe renewed rise in Covid-19 cases across Asia is not a big worry and the region's economy will get back on track when the outbreak eases, said an investment strategist from Citi Private Bank.\nAgainst such a backdrop, investors could go after \"Covid-impaired\" stocks such as airlines and other companies in the travel and leisure sector, said Ken Peng, the bank's head of Asia investment strategy.\nPeng told CNBC's \"Capital Connection\" on Tuesday that Asia is not experiencing a resurgence in Covid for the first time.\n\"That's a movie we've seen before,\" he said.\n\"It happened in the winter (that) just passed and it also happened last third quarter when we had these waves, and then once the cases come down, you see the economic recovery back on track. So I think that's not something we need to worry about too extensively,\" he added.\nAsian economies from Nepal to Malaysia and Taiwan have reportedrecord daily increases in Covid infectionsin the last few weeks, according to data compiled by Johns Hopkins University.\nOver in India, which has the world's second-worst outbreak, daily cases have remained elevated although trending lower from record-high levels in early May, the data showed.\nChina tech, commodities\nIn addition to sectors that have been hit hard in the pandemic, Peng said he sees opportunities to buyChinese tech stockson the dip. He added that the share prices of some of those stocks have declined as a result of regulatory scrutiny.\nThe strategist also said he's \"very positive\" on the commodities space, with demand from China, the U.S. and Europe likely staying resilient.\n\"These countries that are closer to herd immunity are likely to continue to see commodity demand rising. So I think as the global recovery continues, we shouldn't worry too much about commodities at the moment,\" said Peng.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165960863,"gmtCreate":1624087733652,"gmtModify":1703828624044,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165960863","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":240,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155217335,"gmtCreate":1625439962427,"gmtModify":1703741576354,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"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/155217335","repostId":"1160702483","repostType":4,"repost":{"id":"1160702483","pubTimestamp":1625369888,"share":"https://ttm.financial/m/news/1160702483?lang=&edition=fundamental","pubTime":"2021-07-04 11:38","market":"us","language":"en","title":"Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)","url":"https://stock-news.laohu8.com/highlight/detail?id=1160702483","media":"MarketWatch","summary":"When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably hear","content":"<blockquote>\n <b>When stock market investing gets too easy, consider getting out of the market.</b>\n</blockquote>\n<p>You’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word “stocks” included, and here’s what I found:</p>\n<p><img src=\"https://static.tigerbbs.com/4416d357ac2bc16d4fdcf60a3c4c3c56\" tg-width=\"916\" tg-height=\"463\"></p>\n<p>I have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:</p>\n<p>FOLO (fear of living once)&nbsp; and YOMO (you only miss out).</p>\n<p>Here’s a story I’ve told about how things can go wrong even when you’re think you’re trading well and outperforming the markets seems easy.</p>\n<p>Return to 2004</p>\n<p>It was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. I’d come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which I’d first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) I’d made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.</p>\n<p>As 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.</p>\n<p>In the last week of January, the markets turned south and the highest-flying winners of the year, like those that I’d just sold down and taken huge profits on, were the hardest hit. I’d previously learned the hard way over the years that you should never confuse a bull market with genius, but I’d even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrie’s classic, “Stay a little longer” chuckling about how I’d left before the party was busted!</p>\n<p>By early February, I was “only” up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks I’d so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.</p>\n<p>Here I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.</p>\n<p>By the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed “Nortel admits fraud; Major telecom equipment vendors under investigation” or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.</p>\n<p>I spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.</p>\n<p>Lesson of the week — do not dig yourself a hole, OK?</p>\n<p>Foreshadowing</p>\n<p>Here’s something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: “Concerned about complacency” (May 3, 2007).</p>\n<p>Here’s an excerpt:</p>\n<p><i>I’m worried. That’s no news flash, as I’m&nbsp;always&nbsp;worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season we’re experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.</i></p>\n<p><i>Just about everybody is long real estate. … Wasn’t almost every rationalization for why we shouldn’t fret about any real estate bubble true when real estate crashed the last few times?</i></p>\n<p><i>Last month, the IMF reported that “the global economy remains on track for robust growth in 2007 and 2008. … Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006&nbsp;World Economic Outlook.” Has the IMF ever gotten the outlook right?</i></p>\n<p><i>This utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: “Worries —&nbsp;the market is running out of major concerns.” Not surprisingly, I suppose, I’m going to&nbsp;flip&nbsp;that statement as I find I have more major concerns about the market and economy today than I’ve had at any point in the past five years.</i></p>\n<p><i>A&nbsp;Citi&nbsp;board member recently told me that I had a “lot of guts” for having launched a tech fund in October 2002. I think you’d have to have a lot of guts to launch a tech fund in May 2007! I’m focusing more on the short side than anything else right now.</i></p>\n<p>Beware when things are too easy</p>\n<p>Cody&nbsp;back in real time, 2021. I’m not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.</p>\n<p>And all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.</p>\n<p>That story above about Nortel: I’m here to tell you that you won’t always get a chance to sell when the charts stop working. You don’t always get a chance to lock in your gains while you think it’s easy.</p>\n<p>I’ve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. That’s often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.</p>\n<p>I have a new name or two I’m digging hard into this week, one in AI and another that’s trying to revolutionize long-term gig employment trends. Until then, I’m staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Two new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)</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\">\nTwo new stock market acronyms — FOLO and YOMO — can save you a lot of grief (and money)\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-04 11:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only ...</p>\n\n<a href=\"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/two-new-stock-market-acronyms-folo-and-yomo-can-save-you-a-lot-of-grief-and-money-11625247142?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160702483","content_text":"When stock market investing gets too easy, consider getting out of the market.\n\nYou’ve probably heard about people trading stocks based on two acronyms: FOMO (fear of missing out) and YOLO (you only live once). I searched Twitter for both terms with the word “stocks” included, and here’s what I found:\n\nI have a proposition for you. In the name of flipping it, we should consider the following two terms as much more insightful and helpful to investors and traders:\nFOLO (fear of living once)  and YOMO (you only miss out).\nHere’s a story I’ve told about how things can go wrong even when you’re think you’re trading well and outperforming the markets seems easy.\nReturn to 2004\nIt was late January 2004, and I was starting my second full year of running a hedge fund, and I was off to an incredible start to the year. I’d come into 2004 steadily scaling into ever-larger and more aggressive positions in mostly internet core equipment vendors like Nortel, JDSU, and Cisco, not to mention my largest position in Apple, which I’d first bought for the fund back in March of 2003. (I held Apple along with occasional Apple call options until I closed the fund, by the way.) I’d made big money already in my hedge fund, which was full of mostly long positions as the markets had been in a big rebound from their October 2002 lows.\nAs 2004 started, the markets were in what I called a Steady Betty Rally Mode at the time, and internet-equipment stocks were the single hottest sector into the new year. I started trimming some of my biggest winners down, including the aforementioned Nortel, JDSU and Cisco, along with any stocks that were up 20%, 30% or even more as January wore on. By late January, I was nearly back up to half in cash and the hedge fund was already up nearly 25% for the year while the broader markets were barely up 5% on the year.\nIn the last week of January, the markets turned south and the highest-flying winners of the year, like those that I’d just sold down and taken huge profits on, were the hardest hit. I’d previously learned the hard way over the years that you should never confuse a bull market with genius, but I’d even nailed the near-term top and my whole year was already in the pocket. I was feeling pretty good about myself and my trading prowess and listening to Willie cover Woody Guthrie’s classic, “Stay a little longer” chuckling about how I’d left before the party was busted!\nBy early February, I was “only” up just over 20% on the year, as I still had half my fund in stocks and a few options, but the markets were now down year to date and the stocks I’d so smartly sold down at the top had themselves pulled back 20%-30% from their highs. They finally were stabilizing and the charts started to turn upward as the stocks were flattish to down on the year.\nHere I was sitting on a huge pile of cash and feeling like a genius for having sold at the top and here was a chance to just slowly start rebuilding and buying some new stocks while they were down. I started to buy back a few shares and to put just a little bit of that 50% cash, along with more cash coming in, to work in the markets.\nBy the time March rolled around, I was back fully invested and mostly long, up single digits on the year, and the markets were down about 10% or so on the year. One morning as I walked into my hedge fund hotel office that I rented from Bear Stearns on the 40th floor in midtown New York, I was shocked to see the Nasdaq futures were down huge. I pulled up the Bloomberg terminal and my heart sank as the headline screamed “Nortel admits fraud; Major telecom equipment vendors under investigation” or something along those lines. Nortel was cut in half and most every internet-equipment-related stock in the market was down 20% or more on the day. I puked my guts out that whole day and cried myself to sleep that night.\nI spent the rest of the year digging out of that hole and getting back ahead of the market and had a lot of success in that hedge fund from that bottom.\nLesson of the week — do not dig yourself a hole, OK?\nForeshadowing\nHere’s something I wrote in 2007, the last time I started turning from bullish to bearish and eventually traded my hedge fund for a TV gig right before the markets started tanking in late 2007: “Concerned about complacency” (May 3, 2007).\nHere’s an excerpt:\nI’m worried. That’s no news flash, as I’m always worried, but I am really concerned about the complacency out there. Earnings are great, as evidenced by the booming season we’re experiencing. The global economy is lifting a lot of boats. And every time I try to get bearish, I feel almost silly when the action, fundamentals and environment are this strong.\nJust about everybody is long real estate. … Wasn’t almost every rationalization for why we shouldn’t fret about any real estate bubble true when real estate crashed the last few times?\nLast month, the IMF reported that “the global economy remains on track for robust growth in 2007 and 2008. … Moreover, downside risks to the outlook seem less threatening than at the time of the September 2006 World Economic Outlook.” Has the IMF ever gotten the outlook right?\nThis utter disregard for risk permeates the sell side, too, as evidenced by this broker note from Bear this morning: “Worries — the market is running out of major concerns.” Not surprisingly, I suppose, I’m going to flip that statement as I find I have more major concerns about the market and economy today than I’ve had at any point in the past five years.\nA Citi board member recently told me that I had a “lot of guts” for having launched a tech fund in October 2002. I think you’d have to have a lot of guts to launch a tech fund in May 2007! I’m focusing more on the short side than anything else right now.\nBeware when things are too easy\nCody back in real time, 2021. I’m not saying the markets are about to tank like they did in 2008. But I am saying, once again, that I know way too many random hard-working people who are convinced that they can make big money in cryptos and meme stocks and by trading, trading, trading.\nAnd all my analysis points to an unfortunate risk/reward set up for the aggressive bulls here.\nThat story above about Nortel: I’m here to tell you that you won’t always get a chance to sell when the charts stop working. You don’t always get a chance to lock in your gains while you think it’s easy.\nI’ve been in this business, picking stocks and helping people manage their money for 25 years, and it seems obvious to me that trading and investing and making profits and keeping those profits is very hard to do over many years. There are times it seems easy. That’s often the best time to get cautious. Because if it really were easy, nobody would work their real jobs. We could all just trade stocks to each other all day and make all the money we need. Yeah, right.\nI have a new name or two I’m digging hard into this week, one in AI and another that’s trying to revolutionize long-term gig employment trends. Until then, I’m staying steady as she goes, even as so many others think YOLO and FOMO are just fun, little acronyms.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164041054,"gmtCreate":1624162697078,"gmtModify":1703829906719,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"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/164041054","repostId":"1133385197","repostType":4,"repost":{"id":"1133385197","pubTimestamp":1624151969,"share":"https://ttm.financial/m/news/1133385197?lang=&edition=fundamental","pubTime":"2021-06-20 09:19","market":"us","language":"en","title":"Answering the great inflation question of our time","url":"https://stock-news.laohu8.com/highlight/detail?id=1133385197","media":"finance.yahoo","summary":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up","content":"<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.</p>\n<p>Unfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”</p>\n<p>The current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?</p>\n<p>Before I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.</p>\n<p>As an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.</p>\n<p>Until now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)</p>\n<p><img src=\"https://static.tigerbbs.com/87f75dfcb98fb5a0e7c3f9d3f8d336e2\" tg-width=\"705\" tg-height=\"412\" referrerpolicy=\"no-referrer\"></p>\n<p>Used car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.</p>\n<p>To be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)</p>\n<p>But that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&amp;P 500 down 1.91% this week, its worst week since February.</p>\n<p>Given this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.</p>\n<p>Now I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.</p>\n<p>As for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.</p>\n<p>Which brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.</p>\n<p>“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”</p>\n<p>“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.</p>\n<p>COVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.</p>\n<p>A prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.</p>\n<p>Another secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.</p>\n<p><b>Anti-inflation forces</b></p>\n<p>But here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?</p>\n<p>I say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”</p>\n<p>To buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.</p>\n<p>To me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.</p>\n<p>Not only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.</p>\n<p>So technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.</p>\n<p>There is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.</p>\n<p>After World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)</p>\n<p>Like its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.</p>\n<p>The internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.</p>\n<p>So technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.</p>\n<p>COVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.</p>\n<p>How significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.</p>\n<p>More downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”</p>\n<p>And so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”</p>\n<p>I don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)</p>","source":"lsy1612507957220","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Answering the great inflation question of our time</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\">\nAnswering the great inflation question of our time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-20 09:19 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html><strong>finance.yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these...</p>\n\n<a href=\"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯"},"source_url":"https://finance.yahoo.com/news/answering-the-great-inflation-question-of-our-time-114153460.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133385197","content_text":"Prices of everything; a house in Phoenix, a Ford F-150, a plane ticket to New York, have all gone up. That much is true.\nUnfortunately pretty much everything else about inflation—a red hot topic these days—is conjecture. And that’s vexing, not just for the dismal scientists (aka economists), but for all of us, because whether or not prices are really rising, by how much and for how long, has massive implications in our lives. Or as Mark Zandi, chief economist at Moody’s Analytics, says: “Inflation is one of the mysteries of economic study and thought. A difficult thing to gauge and forecast and get right. That’s why the risks are high.”\nThe current debate over inflation really revolves around two questions: First, is this current spate of inflation, just that, a spate—or to use Wall Street’s buzzword of the moment, “transitory,”—or not? (Just to give you an idea of how buzzy, when I Google the word “transitory” the search engine suggests “inflation” after it.) And second, transitory (aka temporary) inflation or not, what does it suggest for the economy and markets?\nBefore I get into that, let me lay out what’s going on with prices right now. First, know that inflation,which peaked in 1980 at an annualized rate of 13.55%,has been tame for quite some time, specifically 4% or less for nearly 30 years. Which means that anyone 40 years old or younger has no experience with inflation other than maybe from an Econ 101 textbook. Obviously that could be a problem.\nAs an aside I remember President Ford in 1974 trying to jawbone inflation down with his \"Whip Inflation Now\" campaign, which featured“Win” buttons,earringsand evenugly sweaters.None of this worked and it took draconian measures by Fed Chair Paul Volcker (raising rates and targeting money supply,as described by Former President of the Federal Reserve Bank of St. Louis, William Poole)to eventually tame inflation and keep it under wraps for all those years.\nUntil now perhaps. Last week theLabor Department reported that consumer prices (the CPI, or consumer price index) rose 5% in May,the fastest annual rate in nearly 13 years—which was when the economy was overheating from the housing boom which subsequently went bust and sent the economy off a cliff and into the Great Recession. Core inflation, which excludes volatile food and energy prices, was up 3.8%, the biggest increase since May 1992. (For the record, the likelihood of the economy tanking right now is de minimis.)\n\nUsed car and truck prices are a major driver of inflation, climbing 7.3% last month and 29.7% over the past year. New car prices are up too, which have pushed upshares of Ford and GM a remarkable 40% plus this year.Clearly Americans want to buy vehicles to go on vacation and get back to work. And Yahoo Finance’sJanna Herron reportsthat rents are rising at their fastest pace in 15 years.\nTo be sure, not all prices are climbing.As Yahoo Finance’s Rick Newman points out,prices are not up much at all for health care, education and are basically flat for technology, including computers, smartphones and internet service (an important point which we’ll get back to.)\nBut that’s the counterpoint really. Americans are obsessed with cars, housing is critical and many of us are experiencing sticker shock booking travel this summer. Higher prices are front and center. Wall Street too is in a tizzy about inflation, and concerns about it and more importantly Federal Reserve policy in response to inflation (see below), sent stocks lower with the S&P 500 down 1.91% this week, its worst week since February.\nGiven this backdrop, the tension (such as it is) was high when the Fed met this week to deliver its forecast and for Chair Jay Powell to answer questions from the media. Or at least so said hedge fund honcho Paul Tudor Jones,who characterized the proceedings on CNBCas “the most important meeting in [Chairman] Jay Powell’s career, certainly the most important Fed meeting of the past four or five years.” Jones was critical of the Fed, which he believes is now stimulating the economy unnecessarily by keeping interest rates low and by buying financial assets. Unnecessarily, Jones says, because the economy is already running hot and needs no support. The Fed (which is in the transitory camp when it comes to inflation) risks overheating the economy by creating runaway inflation, according to PTJ.\nNow I don’t see eye to eye with Jones on this, though I should point out, he's a billionaire from investing in financial markets, and let’s just say I’m not. I should also point out that Jones, 66, is in fact old enough to remember inflation, never mind that as a young man he called the 1987 stock market crash. So we should all ignore Jones at our peril.\nAs for what the Fed put forth this past Wednesday, well it wasn’t much, signaling an expectation ofraising interest rates twice by the end of 2023(yes, that is down the road.) And Powell, who’s become much more adept at not rippling the waters these days after some rougher forays earlier in his tenure, didn’t drop any bombshells in the presser.\nWhich brings us to the question of why the Federal Reserve isn’t so concerned about inflation and thinks it is mostly—here’s that word again—transitory. To answer that, we need to first address why prices are rising right now, which can be summed up in one very familiar abbreviation: COVID-19. When COVID hit last spring the economy collapsed, which crushed demand in sectors like leisure, travel and retail. Now the economy is roaring back to life and businesses can raise prices, certainly over 2020 levels.\n“We clearly should’ve expected it,” says William Spriggs, chief economist at the AFL-CIO and a professor of economics at Howard University. “You can’t shut down the economy and think you turn on the switch [without some inflation].”\n“We had a pandemic that forced an artificial shutdown of the economy in a way that even the collapse of the financial system and the housing market didn’t, and we had a snapback at a rate we’ve never seen before—not because of the fundamentals driving recovery but because of government,” says Joel Naroff, president and chief economist of Naroff Economics.\nCOVID had other secondary effects on the economy though, besides just ultimately producing a snapback. For one thing, the pandemic throttled supply chains, specifically the shipping of parts and components from one part of the globe to another. It also confused managers about how much to produce and therefore how many parts to order.\nA prime example here is what happened to the chip (semiconductor) and auto industrieswhich I wrote about last month.Car makers thought no one would buy vehicles during the pandemic and pared back their orders with chipmakers, (which were having a tough time shipping their chips anyway.) Turned out the car guys were wrong, millions of people wanted cars and trucks, but the automakers didn’t have enough chips for their cars and had to curb production. Fewer vehicles and strong demand led to higher new car prices, which cascaded to used car prices then to car rental rates. Net net, all the friction and slowness of getting things delivered now adds to costs which causes companies to raise prices.\nAnother secondary effect of COVID which has been inflationary comes from employment,which I got into a bit last week.We all know millions were thrown out of work by COVID last year, many of whom were backstopped by government payments that could add up to $600 a week (state and federal.) These folks have been none too keen on coming back to work for minimum wage, or $290 a week. So to lure them back employers are having to pay more, which puts more money in people's pockets which allows stores for example to raise prices.\nAnti-inflation forces\nBut here’s the big-time question: If COVID was temporary, and therefore its effects are temporary and inflation is one of its effects then doesn’t it follow, ipso facto, that inflation is (OK I’ll say it again), transitory?\nI say yes, (with a bit of a caveat.) And most economists, like Claudia Sahm, a senior fellow at the Jain Family Institute and a former Federal Reserve economist, agree. “‘Transitory’ has become a buzzword,” she says. “It is important to be more concrete about what we mean by that. We’re probably going to see in the next few months inflation numbers that are bigger than average, but as long as they keep stepping down, that’s the sign of it being transitory. If we didn’t see any sign of inflation stepping down some, it would’ve started feeling like ‘Houston, we have a problem.’”\nTo buttress my argument beyond that above \"if-then\" syllogism, let’s take a look at why inflation has been so low for the past three decades.\nTo me this is mostly obvious. Prices have been tamped down by the greatest anti-inflation force of our lifetime, that being technology, specifically the explosion of consumer technology. Think about it. The first wave of technology, a good example would be IBM mainframes, saved big companies money in back-office functions, savings which they mostly kept for themselves (higher profits) and their shareholders. But the four great landmark events in the advent of consumer technology; the introduction ofthe PC in 1974 (MITS Altair),the Netscape IPO of 1995,Google search in 1998,and the launch of theiPhone in 2007(I remember Steve Jobs demoing it to me like it was yesterday), greatly accelerated, broadened and deepened this deflationary trend.\nNot only has technology been pushing down the cost of everything from drilling for oil, to manufacturing clothes to farming, and allowing for the creation of groundbreaking (and deflationary) competitors like Uber, Airbnb and Netflix, but it also let consumers find—on their phones—the most affordable trip to Hawaii, the least expensive haircut or the best deal on Nikes.\nSo technology has reduced the cost of almost everything and will continue to do so the rest of our lifetime. Bottom line: Unless something terrible happens, the power of technology will outweigh and outlive COVID.\nThere is one mitigating factor and that is globalism, which is connected to both technology and COVID. Let me briefly explain.\nAfter World War II, most of humanity has become more and more connected in terms of trade, communication, travel, etc. (See supply chain above.) Technology of course was a major enabler here; better ships, planes and faster internet, all of which as it grew more potent, accelerated globalism. Another element was the introduction of political constructs like the World Trade Organization and NAFTA. (I think of the Clinton administration andChina joining the WTO in 2001as perhaps the high-water marks of globalization.)\nLike its technological cousin, globalism has deflationary effects particularly on the labor front as companies could more and more easily find lowest cost countries to produce goods and source materials. And like technology, globalization seemed inexorable, which it was, until it wasn’t. Political winds, manifested by the likes of Brexit and leaders like Putin, Xi Jinping, Erdogan, Bolsonaro, Duterte and of course Donald Trump have caused globalism to wane and anti-globalism and nationalism to wax.\nThe internet too, once seen as only a great connector, has also become a global divider, as the world increasingly fractures into Chinese, U.S. and European walled digital zones when it comes to social media and search for example. Security risks, privacy, spying and hacking of course divide us further here too.\nSo technology, which had made globalism stronger and stronger, now also makes it weaker and weaker.\nCOVID plays a role in rethinking globalism as it exposes vulnerabilities in the supply chain. Companies that were rethinking their manufacturing in China but considering another country, are now wondering if it just makes sense to repatriate the whole shebang. Supply chains that were optimized for cost only are being rethought with security and reliability being factored in and that costs money.\nHow significant is this decline in globalization and how permanent is it? Good questions. But my point here is whether or not \"globalism disrupted\" is transitory (!) or not, it could push prices up, (in the short and intermediate run at least), as cost is sacrificed for predictability. Longer term I say Americans are a resourceful people. We’ll figure out how to make cost effective stuff in the U.S. It’s also likely that globalism will trend upward again, though perhaps not as unfettered as it once was.\nMore downward pressure on pricing could come from shifts in employment practices. Mark Zandi points out that “the work-from-anywhere dynamic could depress wage growth and prices. If I don’t need to work in New York anymore and could live in Tampa, it stands to reason my wage could get cut or I won’t get the same wage increase in the future.”\nAnd so what is Zandi’s take on transitory? “What we’re observing now is prices going back to pre-pandemic,” he says. “The price spikes we’re experiencing now will continue for the next few months through summer but certainly by the end of year, this time next year, they will have disappeared. I do think underlying inflation will be higher post-pandemic than pre-pandemic, but that’s a feature not a bug.”\nI don’t disagree. To me it’s simple: The technology wave I’ve described above is bigger than COVID and bigger than the rise and fall of globalism. And that is why, ladies and gentlemen, I believe inflation will be transitory, certainly in the long run. (Though I’m well aware of whatJohn Maynard Keynes said about the long run.)","news_type":1},"isVote":1,"tweetType":1,"viewCount":170,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189407442,"gmtCreate":1623284048886,"gmtModify":1704199947961,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"vg","listText":"vg","text":"vg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/189407442","repostId":"1155515344","repostType":4,"repost":{"id":"1155515344","pubTimestamp":1623282065,"share":"https://ttm.financial/m/news/1155515344?lang=&edition=fundamental","pubTime":"2021-06-10 07:41","market":"us","language":"en","title":"RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1155515344","media":"investorplace","summary":"For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RID","content":"<p>For investors looking for volatility, look no further than<b>Lordstown Motors</b>(NASDAQ:<b><u>RIDE</u></b>). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in mid-May, RIDE stock appreciated to nearly $16 yesterday on some pretty bullish momentum.</p>\n<p>However, yesterday afternoon saw shares implode after a Lordstown Motors issued agoing concern warningin itsquarterly financial filingsyesterday. The company’s said the following: “These conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements.”</p>\n<p>That’s certainly not good news for investors.</p>\n<p>This single statement caused the stock to plummet to below $9 per share. This downside move of nearly 40% in less than 24 hours is significant. Indeed, a going concern warning is about as bearish a piece of news as investors can receive on any stock. Accordingly, this selloff appears to represent the market factoring in bankruptcy risk to a degree that simply wasn’t factored in previously.</p>\n<p>However, today, shares of Lordstown closed in the green. It seems investors are brushing off the liquidity concerns. Let’s discuss why this is the case.</p>\n<p>RIDE Stock Rebounding on Financing Discussions</p>\n<p>Today, Lordstownannouncedthe company is in talks with multiple parties to secure the necessary funding to meet its obligations.</p>\n<p>This announcement more than completely reversed earlier losses from the day which saw RIDE stock down more than 20% from yesterday’s close.</p>\n<p>Investors appear to be somewhat placated by this announcement. The company’s statement confirmed it has “adequate capital to continue operations, meet supplier obligations and begin limited production,” but will need to seek additional funds for strategic long-term investments. The company reiterated its debt-free balance sheet and significant tangible assets as positives. Indeed, leveraging these assets to seek asset-backed financing, or some mix of debt and equity financing over the medium term, has stoked positive sentiment once again in this stock.</p>\n<p>Any sort of equity issuance at this point could cool the meme rally RIDE stock has seen of late. Accordingly, it’s clear a number of retail investors have simply sought gains elsewhere.</p>\n<p>Whether this meme stock rally can continue with RIDE remains to be seen. However, one thing is for certain. This stock is likely to remain very volatile in the near term.</p>","source":"lsy1606302653667","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>RIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today</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\">\nRIDE Stock: The Big News That Has Lordstown Motors Shifting Gears Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 07:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in ...</p>\n\n<a href=\"https://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/\">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://investorplace.com/2021/06/ride-stock-the-big-news-that-has-lordstown-motors-shifting-gears-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155515344","content_text":"For investors looking for volatility, look no further thanLordstown Motors(NASDAQ:RIDE). Indeed, RIDE stock is one that has gained significant momentum this past month. Trading around $7 per share in mid-May, RIDE stock appreciated to nearly $16 yesterday on some pretty bullish momentum.\nHowever, yesterday afternoon saw shares implode after a Lordstown Motors issued agoing concern warningin itsquarterly financial filingsyesterday. The company’s said the following: “These conditions raise substantial doubt regarding our ability to continue as a going concern for a period of at least one year from the date of issuance of these unaudited condensed consolidated financial statements.”\nThat’s certainly not good news for investors.\nThis single statement caused the stock to plummet to below $9 per share. This downside move of nearly 40% in less than 24 hours is significant. Indeed, a going concern warning is about as bearish a piece of news as investors can receive on any stock. Accordingly, this selloff appears to represent the market factoring in bankruptcy risk to a degree that simply wasn’t factored in previously.\nHowever, today, shares of Lordstown closed in the green. It seems investors are brushing off the liquidity concerns. Let’s discuss why this is the case.\nRIDE Stock Rebounding on Financing Discussions\nToday, Lordstownannouncedthe company is in talks with multiple parties to secure the necessary funding to meet its obligations.\nThis announcement more than completely reversed earlier losses from the day which saw RIDE stock down more than 20% from yesterday’s close.\nInvestors appear to be somewhat placated by this announcement. The company’s statement confirmed it has “adequate capital to continue operations, meet supplier obligations and begin limited production,” but will need to seek additional funds for strategic long-term investments. The company reiterated its debt-free balance sheet and significant tangible assets as positives. Indeed, leveraging these assets to seek asset-backed financing, or some mix of debt and equity financing over the medium term, has stoked positive sentiment once again in this stock.\nAny sort of equity issuance at this point could cool the meme rally RIDE stock has seen of late. Accordingly, it’s clear a number of retail investors have simply sought gains elsewhere.\nWhether this meme stock rally can continue with RIDE remains to be seen. However, one thing is for certain. This stock is likely to remain very volatile in the near term.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136315346,"gmtCreate":1621994268485,"gmtModify":1704365655285,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"woo","listText":"woo","text":"woo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136315346","repostId":"2138199907","repostType":4,"repost":{"id":"2138199907","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1621975200,"share":"https://ttm.financial/m/news/2138199907?lang=&edition=fundamental","pubTime":"2021-05-26 04:40","market":"us","language":"en","title":"API data reportedly show a modest weekly decline in U.S. crude supplies","url":"https://stock-news.laohu8.com/highlight/detail?id=2138199907","media":"Dow Jones","summary":"The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,00","content":"<p>The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,000 barrels for the week ended May 21, according to sources. The data also reportedly showed gasoline stockpiles down by nearly 2 million barrels, while distillate inventories dropped by 5.1 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, fell by nearly 1.2 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories down by 2.2 million barrels, according to a survey of analysts conducted by S&amp;P Global Platts. It also forecast supply declines of 700,000 barrels for gasoline and 1.6 million barrels for distillates. July West Texas Intermediate crude  was at $66.02 barrel in electronic trading, compared with Tuesday's settlement  at $66.07 on the New York Mercantile Exchange.</p><p></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>API data reportedly show a modest weekly decline in U.S. crude supplies</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\">\nAPI data reportedly show a modest weekly decline in U.S. crude supplies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-26 04:40</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,000 barrels for the week ended May 21, according to sources. The data also reportedly showed gasoline stockpiles down by nearly 2 million barrels, while distillate inventories dropped by 5.1 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, fell by nearly 1.2 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories down by 2.2 million barrels, according to a survey of analysts conducted by S&amp;P Global Platts. It also forecast supply declines of 700,000 barrels for gasoline and 1.6 million barrels for distillates. July West Texas Intermediate crude  was at $66.02 barrel in electronic trading, compared with Tuesday's settlement  at $66.07 on the New York Mercantile Exchange.</p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138199907","content_text":"The American Petroleum Institute reported late Tuesday that U.S. crude supplies edged down by 439,000 barrels for the week ended May 21, according to sources. The data also reportedly showed gasoline stockpiles down by nearly 2 million barrels, while distillate inventories dropped by 5.1 million barrels. Crude stocks at the Cushing, Okla., storage hub, meanwhile, fell by nearly 1.2 million barrels for the week, sources said. Inventory data from the Energy Information Administration will be released Wednesday. On average, the EIA is expected to show crude inventories down by 2.2 million barrels, according to a survey of analysts conducted by S&P Global Platts. It also forecast supply declines of 700,000 barrels for gasoline and 1.6 million barrels for distillates. July West Texas Intermediate crude  was at $66.02 barrel in electronic trading, compared with Tuesday's settlement  at $66.07 on the New York Mercantile Exchange.","news_type":1},"isVote":1,"tweetType":1,"viewCount":448,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":129943895,"gmtCreate":1624354161217,"gmtModify":1703834216114,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/129943895","repostId":"2145035785","repostType":4,"repost":{"id":"2145035785","pubTimestamp":1624351500,"share":"https://ttm.financial/m/news/2145035785?lang=&edition=fundamental","pubTime":"2021-06-22 16:45","market":"us","language":"en","title":"Robinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?","url":"https://stock-news.laohu8.com/highlight/detail?id=2145035785","media":"TipRanks","summary":"Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey ","content":"<div>\n<p>Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html\">Web Link</a>\n\n</div>\n","source":"yahoofinance","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Robinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nRobinhood Traders Keep Buying These Stocks, What do the Pros Say About Them?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-22 16:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PRO":"Pros Holdings Inc","AAPL":"苹果","TSLA":"特斯拉","GME":"游戏驿站"},"source_url":"https://finance.yahoo.com/news/robinhood-traders-keep-buying-stocks-125038479.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2145035785","content_text":"Since the outset of the COVID-19 pandemic in early 2020, the stock market has embarked on a journey with ups and downs, the likes of which had been unprecedented. As the saga goes, the virus set in, and people were at home and looking for entertainment. This, coupled with the hopeful possibility of building wealth directly from one’s phone and/or couch, brought a new generation of retail traders to the market. They began to push speculative equities and securities around in their search for quick value.\nThe trading platform Robinhood has been central to this stock market tale, allowing commission-free trading with a streamlined, easy-to-use mobile application to “democratize finance for all,” as is its motto. Its popularity culminated in a one-in-a-lifetime short squeeze in late January 2021, wherein highly motivated Reddit users attempted, and succeeded, to push up the price of GameStop Corp. (GME) stock in order to force hedge funds to cover their massively shorted shares.\nThis particular instance brought about massive negative sentiment for the growing financial application company, as Robinhood was forced to halt buy orders for several high volatility stocks in order to not go bankrupt themselves. The phenomenon brought Robinhood into global headlines and even had U.S. government officials using terms like “meme stocks.”\nCritics of Robinhood’s platform accuse it of gamifying the stock market with a sensationalizing user interface, and essentially creating an accessible and legal casino for anyone willing to play. The app allows users to quickly trade even the most leveraged and risky positions, including complex derivatives such as options and other financial tools. While other similar mobile platforms also allow this, Robinhood users go through much less data and cautionary information before having their trades executed.\nDespite the bad press, including congressional hearings with Robinhood’s CEO, the platform has since continued to grow its user base.\nKeeping an eye on retail traders’ interest in stocks has become a full-time job, and can mean the difference between massive gains or just another week of FOMO. Many websites provide trending stock tickers or even analytics on subreddit mentions of publicly traded companies. As Robinhood is mostly used by younger retail traders, looking at its top-traded stocks can provide insight into what direction certain stocks may be going.\nTwo stocks frequently found at the top of Robinhood traders' accounts are Tesla Inc. and Apple Inc. Both tech-savvy companies have seen their share prices rise dramatically over the course of 2020. Furthermore, both underwent stock splits, which made their stocks accessible to more people, resulting in a lot of online buzz.\nTesla Inc. (TSLA) \nFive-star analyst Jed Dorsheimer of Canaccord Genuity Capital Markets reiterated a Buy rating on Tesla, with an optimistic price target of $812. This suggests a possible upside of 30.27% from Friday’s closing price of $623.31. (See Tesla stock charts on TipRanks)\nDorsheimer wrote that Tesla is “innovating past the battery” while other manufacturers are playing catch up. He was bullish on a long term basis, arguing that the car company is “creating an energy brand and an Apple-esque ecosystem of products with customer focused connectivity, seamlessly marrying car, solar, and back-up power.”\nThe analyst did, however, call the new Model S Plaid an “ostensibly unnecessary $130k car,” but that does not mean consumers won’t like the finished product enough to not buy it.\nOn TipRanks, TSLA has an analyst rating consensus of Hold, based on 9 Buy, 7 Hold, and 7 Sell ratings. The average analyst Tesla price target is $620.70, reflecting a potential downside of 0.42% over the next twelve months.\n\nApple Inc. (AAPL)\nAnother consistently top stock pick from Robinhood traders, Apple Inc. has seen its share price climb more than five-fold over the last five years. The most valuable company in the world, with a market cap of over $2 trillion, the company has always had a loyal customer base, which seems to translate into loyal shareholders as well. (See Apple stock charts on TipRanks)\nDaniel Ives of Wedbush Securities was bullish following Apple’s new updates, which were announced during its WWDC conference. Ives maintained a Buy rating and a $185 price target, indicating a possible 41.81% upside from Apple’s Friday closing price of $130.46.\nThe five-star analyst wrote that Apple had placed a strong focus on user privacy concerns, which puts the company “on a collision course with Facebook around the ability for users to block data tracking.” However, Ives was encouraged by the improvements made by the new macOS Monterey desktop operating system, stating that it will support the “broadest lineup of Macs in history.”\nOn TipRanks, AAPL has an analyst rating consensus of Moderate Buy, based on 20 Buy, 5 Hold, and 2 Sell ratings. The average analyst Apple price target is $157.88, reflecting a potential 12-month upside of 21.02%.\n\nDisclaimer: The opinions expressed in this article are solely those of the featured analyst. The content is intended to be used for informational purposes only. It is very important to do your own analysis before making any investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137840040,"gmtCreate":1622339154980,"gmtModify":1704183144478,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"lo","listText":"lo","text":"lo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/137840040","repostId":"2138488778","repostType":4,"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":135022555,"gmtCreate":1622123295677,"gmtModify":1704179887011,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/135022555","repostId":"1142858927","repostType":4,"repost":{"id":"1142858927","pubTimestamp":1622122663,"share":"https://ttm.financial/m/news/1142858927?lang=&edition=fundamental","pubTime":"2021-05-27 21:37","market":"us","language":"en","title":"TIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1142858927","media":"nasdaq","summary":"UP Fintech(NASDAQ:TIGR) stock is on the rise Tuesday and investors have plenty of reasons to celebra","content":"<p><b>UP Fintech</b>(NASDAQ:<b>TIGR</b>) stock is on the rise Tuesday and investors have plenty of reasons to celebrate today.</p><p>Let’s take a dive into the most recent news for UP Fintech and see what has holders of TIGR stock so happy today.</p><ul><li>The major news worth noting is the release of the company’searnings report for the first quarter of 2021.</li><li>That includes adjusted earnings per share of 15 cents, which is better than the less than 1 cents reported during the same time last year.</li><li>Another highlight worth noting is revenue of $81.3 million from the most recent quarter.</li><li>That’s a 255.5% increase compared to the same period of the year prior.</li><li>UP Fintech also saw net income for Q1 2021 come in at $21.1 million.</li><li>That’s a positive switch compared to the online brokerage firm’s net loss of $500,000 from the first quarter of 2020.</li><li>It’s also worth mentioning that the company added 117,000 funded accounts during the quarter.</li><li>It also saw the aggregate value of assets clients allocated to the platform surpass $21.4 billion.</li><li>In addition to this, its total trading volume was above $123.8 billion, which is nearly triple what it was in the first quarter of the previous year.</li></ul><p>Wu Tianhua, CEO and director of UP Fintech, said the following about the earnings boost for TIGR stock.</p><p>“We are pleased to announce that our Company delivered strong growth in revenue, profits, and client assets in the first quarter of 2021. Total revenues were US$81.3 million, a 255.5% increase from the first quarter of 2020, and were bolstered by solid increases in commissions, interest income, and revenues derived from our corporate business.”</p><p>TIGR stock was up 14.2% as of Tuesday afternoon and is up 126.1% since the start of the year.</p>","source":"lsy1603171495471","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>TIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today</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\">\nTIGR Stock: 9 Reasons for UP Fintech Investors to Be Happy Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-27 21:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/tigr-stock%3A-9-reasons-for-up-fintech-investors-to-be-happy-today-2021-05-25><strong>nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UP Fintech(NASDAQ:TIGR) stock is on the rise Tuesday and investors have plenty of reasons to celebrate today.Let’s take a dive into the most recent news for UP Fintech and see what has holders of TIGR...</p>\n\n<a href=\"https://www.nasdaq.com/articles/tigr-stock%3A-9-reasons-for-up-fintech-investors-to-be-happy-today-2021-05-25\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TIGR":"老虎证券"},"source_url":"https://www.nasdaq.com/articles/tigr-stock%3A-9-reasons-for-up-fintech-investors-to-be-happy-today-2021-05-25","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142858927","content_text":"UP Fintech(NASDAQ:TIGR) stock is on the rise Tuesday and investors have plenty of reasons to celebrate today.Let’s take a dive into the most recent news for UP Fintech and see what has holders of TIGR stock so happy today.The major news worth noting is the release of the company’searnings report for the first quarter of 2021.That includes adjusted earnings per share of 15 cents, which is better than the less than 1 cents reported during the same time last year.Another highlight worth noting is revenue of $81.3 million from the most recent quarter.That’s a 255.5% increase compared to the same period of the year prior.UP Fintech also saw net income for Q1 2021 come in at $21.1 million.That’s a positive switch compared to the online brokerage firm’s net loss of $500,000 from the first quarter of 2020.It’s also worth mentioning that the company added 117,000 funded accounts during the quarter.It also saw the aggregate value of assets clients allocated to the platform surpass $21.4 billion.In addition to this, its total trading volume was above $123.8 billion, which is nearly triple what it was in the first quarter of the previous year.Wu Tianhua, CEO and director of UP Fintech, said the following about the earnings boost for TIGR stock.“We are pleased to announce that our Company delivered strong growth in revenue, profits, and client assets in the first quarter of 2021. Total revenues were US$81.3 million, a 255.5% increase from the first quarter of 2020, and were bolstered by solid increases in commissions, interest income, and revenues derived from our corporate business.”TIGR stock was up 14.2% as of Tuesday afternoon and is up 126.1% since the start of the year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150514413,"gmtCreate":1624921469332,"gmtModify":1703847767970,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"hi","listText":"hi","text":"hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150514413","repostId":"1179320173","repostType":4,"isVote":1,"tweetType":1,"viewCount":290,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164041566,"gmtCreate":1624162767355,"gmtModify":1703829907846,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164041566","repostId":"1175119628","repostType":4,"isVote":1,"tweetType":1,"viewCount":470,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166562863,"gmtCreate":1624018611052,"gmtModify":1703826670193,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"Mhau","listText":"Mhau","text":"Mhau","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166562863","repostId":"2144773750","repostType":4,"repost":{"id":"2144773750","pubTimestamp":1624014000,"share":"https://ttm.financial/m/news/2144773750?lang=&edition=fundamental","pubTime":"2021-06-18 19:00","market":"us","language":"en","title":"This Under-the-Radar Payments Company Could Be a Great Investment","url":"https://stock-news.laohu8.com/highlight/detail?id=2144773750","media":"Motley Fool","summary":"While many investors chase new, highflying entrants to the financial services sector, this 46-year-old SaaS payments company might represent excellent value.","content":"<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.</p>\n<p>Founded in 1975, <b>ACI Worldwide</b> (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7a2cdff04063f294d2a2063a870dbd1b\" tg-width=\"700\" tg-height=\"466\"><span>Image Source: Getty Images</span></p>\n<h2>A variety of solutions</h2>\n<p>ACI Worldwide is ambitious. It strives to be a software-driven, <a href=\"https://laohu8.com/S/AONE\">one</a>-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!</p>\n<p>It reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Segment</p></th>\n   <th><p>Q1 2021 Revenue (millions)</p></th>\n   <th><p>Q1 2021 EBITDA (millions)</p></th>\n   <th><p>Q1 2021 EBITDA Margin</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Banks</p></td>\n   <td><p>$95.9</p></td>\n   <td><p>$37.2</p></td>\n   <td><p>38.7%</p></td>\n  </tr>\n  <tr>\n   <td><p>Merchants</p></td>\n   <td><p>$38.7</p></td>\n   <td><p>$14.7</p></td>\n   <td><p>37.9%</p></td>\n  </tr>\n  <tr>\n   <td><p>Billers</p></td>\n   <td><p>$150.6</p></td>\n   <td><p>$34.0</p></td>\n   <td><p>22.5%</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS</p>\n<p>The billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on <i>changing</i> banking and finance, not necessarily <i>serving</i> traditional banks.</p>\n<p>The company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.</p>\n<p>Ultimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.</p>\n<p>ACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.</p>\n<p>As recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from <b>Western Union</b>, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.</p>\n<h2>The rule of 40</h2>\n<p>Despite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.</p>\n<p>A company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.</p>\n<p>SaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.</p>\n<table>\n <thead>\n  <tr>\n   <th><p>Metric</p></th>\n   <th><p>2019</p></th>\n   <th><p>2020</p></th>\n   <th><p>Q1 2021</p></th>\n   <th><p>2021 Full-Year Estimate</p></th>\n   <th><p>2022 Full-Year Estimate</p></th>\n  </tr>\n </thead>\n <tbody>\n  <tr>\n   <td><p>Revenue (millions)</p></td>\n   <td><p>$1,258</p></td>\n   <td><p>$1,294</p></td>\n   <td><p>$285</p></td>\n   <td><p>$1,330</p></td>\n   <td><p>$1,400</p></td>\n  </tr>\n  <tr>\n   <td><p>Earnings Per Share</p></td>\n   <td><p>$0.57</p></td>\n   <td><p>$0.62</p></td>\n   <td><p>$0.15</p></td>\n   <td><p>$1.15</p></td>\n   <td><p>$1.28</p></td>\n  </tr>\n </tbody>\n</table>\n<p>DATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE</p>\n<p>For the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue <i>contraction</i> of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.</p>\n<p>Growth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.</p>\n<h2>A modest valuation</h2>\n<p>Financial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..</p>\n<p>By comparison, payments giant <b><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings</b> trades at 14.3 times trailing 12-month revenue,&nbsp;although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.</p>\n<p>The rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.</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>This Under-the-Radar Payments Company Could Be a Great Investment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThis Under-the-Radar Payments Company Could Be a Great Investment\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 19:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACIW":"ACI环球"},"source_url":"https://www.fool.com/investing/2021/06/18/under-the-radar-payments-company-could-be-a-buy/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144773750","content_text":"The financial sector is constantly evolving -- especially the payments industry, which is home to countless new companies that are trying to change the way consumers trade with merchants. But some of the most important innovations haven't come from young, exciting companies.\nFounded in 1975, ACI Worldwide (NASDAQ:ACIW) is responsible for processing over $14 trillion worth of daily transactions and does business with 19 of the world's 20 largest banks. Aside from becoming the target of an activist investor in 2020, this company is rarely a hot topic in investment circles. It hosts a modest valuation compared to some of the smaller disruptors in the sector yet has delivered solid growth recently, and is projected to continue doing so. It's definitely worth considering for your portfolio.\nImage Source: Getty Images\nA variety of solutions\nACI Worldwide is ambitious. It strives to be a software-driven, one-stop payments provider for businesses of all kinds. It doesn't just process transactions; it also offers billing solutions to assist businesses with customer interactions -- and even a digital debt-collections service!\nIt reports revenue and EBITDA in three different parts to offer clarity on the best-performing areas of its business:\n\n\n\nSegment\nQ1 2021 Revenue (millions)\nQ1 2021 EBITDA (millions)\nQ1 2021 EBITDA Margin\n\n\n\n\nBanks\n$95.9\n$37.2\n38.7%\n\n\nMerchants\n$38.7\n$14.7\n37.9%\n\n\nBillers\n$150.6\n$34.0\n22.5%\n\n\n\nDATA SOURCE: COMPANY FILINGS\nThe billers segment makes up more than half of the company's revenue, but is the least profitable with the smallest EBITDA margin. Billers are typically companies that draw regular payments from customers, like a phone or utilities provider. The biggest margins come from banks, who use ACI's white-label software to run online portals and internet banking for customers. This is particularly distinctive, because most other payments companies are focused on changing banking and finance, not necessarily serving traditional banks.\nThe company also provides merchant services, helping physical businesses build their presence online, and offers in-store payment solutions.\nUltimately, ACI is helping to digitize merchants, providing them with the opportunity to harness omnichannel strategies. From in-store payments to online payments, businesses rely on ACI's software solutions, and with features like integrated machine learning-based fraud protection, they can operate with confidence.\nACI runs under a software as a service (SaaS) business model, which means most of its revenue is recurring (subscription-based). The majority of its services are delivered in the cloud, making them truly mobile, which is essential when facilitating global transactions.\nAs recently as the first-quarter 2021 earnings release, ACI flagged its search for potential acquisitions in an attempt to further supplement its current product offerings and also expand them. Acquisitions aren't new for this company. In 2019, it purchased Speedpay from Western Union, which it has integrated into its existing billing platform. It also added Walletron in the same year, allowing for integrations with Apple Wallet and Google Pay, to give consumers more mobile payment options.\nThe rule of 40\nDespite growing revenues, earnings per share (EPS) have been stagnant for the last few years. However, analysts expect full-year 2021 growth of 85% driven by the company's projected ''rule of 40'' milestone. ACI has chosen to measure its performance by this metric, as it is widely recognized by investors in the SaaS space.\nA company passes the rule of 40 test when its revenue growth rate and profit margin add up to 40% or more. It can be achieved in different ways: A revenue growth of 20% and a 20% earnings before interest, taxes, depreciation, and amortization (EBITDA) margin is the benchmark; but 40% revenue growth and a 0% EBITDA margin would also qualify.\nSaaS companies that maintain the rule of 40 typically attract higher earnings multiples in the market, indicating that investors favor them over their peers, which are growing the key metrics at a slower rate.\n\n\n\nMetric\n2019\n2020\nQ1 2021\n2021 Full-Year Estimate\n2022 Full-Year Estimate\n\n\n\n\nRevenue (millions)\n$1,258\n$1,294\n$285\n$1,330\n$1,400\n\n\nEarnings Per Share\n$0.57\n$0.62\n$0.15\n$1.15\n$1.28\n\n\n\nDATA SOURCE: COMPANY FILINGS, YAHOO! FINANCE\nFor the full-year 2020, ACI achieved a net adjusted EBITDA margin of 37% and revenue growth of 2.8%, so it was mere basis points away from achieving the rule of 40 milestone. It has projected it will reach it for the full year 2021; however, Q1 was a little sluggish, attributable to persistent COVID-related headwinds. It delivered an EBITDA margin of just 23%, and a revenue contraction of 2%. However, it's still early in the year, and ACI has guided for revenue to grow (sequentially) in Q2.\nGrowth this year could be driven by the merchants segment. Although it's the smallest for the company, with businesses reopening after COVID lockdowns, there is an opportunity for ACI to capture new customers. As it's really profitable (almost as profitable as the banking segment), it could also be a big contributor to blended EBITDA margins.\nA modest valuation\nFinancial services companies are typically given smaller valuations compared to companies in other sectors, like technology. With a $4.6 billion market cap, ACI Worldwide trades at just 3.5 times trailing 12-month revenue. But given its digital and technological focus, there is an opportunity for the company to prove itself to growth investors, and potentially attract a higher valuation by generating stronger operating performance..\nBy comparison, payments giant PayPal Holdings trades at 14.3 times trailing 12-month revenue, although it is growing much more quickly. PayPal does operate an entirely different business model, but it has similar goals, which involve facilitating instant transacting worldwide.\nThe rule of 40 could be the key to unlocking consistent earnings growth in the coming years as analysts are predicting. Revenue growth has been the main hurdle for ACI, and it will need to innovate to generate better results, whether organically or by acquisition. At Thursday's close, the stock was trading at pennies higher than where it opened the year, but that could change with improved results in the coming quarters.","news_type":1},"isVote":1,"tweetType":1,"viewCount":419,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166566540,"gmtCreate":1624018549480,"gmtModify":1703826669051,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"themes":[],"htmlText":"En","listText":"En","text":"En","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166566540","repostId":"2144757377","repostType":4,"repost":{"id":"2144757377","pubTimestamp":1624017300,"share":"https://ttm.financial/m/news/2144757377?lang=&edition=fundamental","pubTime":"2021-06-18 19:55","market":"us","language":"en","title":"Can Corsair Gaming Be the Nike of Esports?","url":"https://stock-news.laohu8.com/highlight/detail?id=2144757377","media":"Motley Fool","summary":"The company provides high-performance gear to video game players and esports professionals.","content":"<p>Video games are <a href=\"https://laohu8.com/S/AONE\">one</a> of the largest industries worldwide. With an estimated $157 billion in global spending last year that is projected to reach almost $300 billion by 2027, there are tons of investment opportunities lurking within the gaming space.</p>\n<p>One of these opportunities may be <b>Corsair Gaming</b> (NASDAQ:CRSR), a company that just went public last fall and aims to become <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the premier gaming equipment and gear brands, similar to what <b>Nike</b> (NYSE:NKE) has done within the traditional sports market. Does Corsair Gaming have the chops to be the Nike of video games? Let's take a look.</p>\n<h2>What is Corsair Gaming?</h2>\n<p>Founded in 1994, Corsair started out selling high-end gaming PCs and hardware. This operating segment, which it calls gaming components and systems, is still the majority of the company's revenue, generating $353.5 million of its $529.4 million in sales last quarter. Corsair sells high-performance PCs to hardcore gamers, most of which sell for more than $2,000 apiece.</p>\n<p>While its legacy business is components and systems, Corsair is investing heavily into what it calls gaming and creator peripherals. This is mainly gaming and live streaming accessories like microphones, headsets, keyboards, and chairs. This segment generated $175.9 million in sales last quarter, up from $75.9 million a year ago. That is 132% year-over-year revenue growth for this segment.</p>\n<p>Corsair is also making multiple acquisitions to bolster its fastest-growing operating segment. One company it just acquired, Elgato, is a top brand for live stream equipment and software. Seeing as live streaming is huge among the gaming community, Elgato should fit perfectly among Corsair's product portfolio.</p>\n<p>Late last year, Corsair acquired Gamer Sensei, the world's biggest esports coaching service. Like Elgato, Gamer Sensei is an easy upsell for Corsair customers, as many are likely already aspiring esports professionals.</p>\n<h2>How Corsair can follow the Nike playbook</h2>\n<p>The problem with Corsair is that, when you get down to it, a lot of what it and its competitors sell are commodity products. This means that Corsair needs to differentiate itself in other ways in order to attract customers, like with design or a quality brand. A great comparison, and possible inspiration for Corsair's advertising strategy, would be Nike's playbook that helped it dominate the athletic shoe and apparel market.</p>\n<p>For decades, Nike has paid billions of dollars to famous athletes and sports teams to make sure they exclusively wear Nike products when performing in front of millions of fans. For example, it is rumored the company's lifetime contract with NBA star Lebron James is worth more than $1 billion. At first glance, this may seem like wasteful spending, but Nike gets a great return on these athlete contracts because it convinces millions of other people to spend $100 or more on a pair of Nike shoes.</p>\n<p>Corsair can differentiate itself from other gaming equipment brands by using a similar strategy of paying famous gamers and esports athletes to exclusively use and wear Corsair products. It is already moving in this direction, with a few esports teams under its umbrella and a streamer program where people can apply to get free gear and discounts. However, the company has a lot more levers it could pull on this front. For example, it could sign top Twitch streamers to multi-year sponsorship deals, fitting them exclusively with Corsair gear. It could also go a step further by partnering with these top streamers to build custom gear, similar to what Nike does with NBA players and shoes. I'm no expert on the game streaming market, but if someone like Ninja (one of the most popular Twitch streamers) came out with a customer Corsair product it would likely do very well.</p>\n<h2>The stock trades at a reasonable valuation</h2>\n<p>As of this writing, Corsair has a market cap of $3 billion. With $1.92 billion in trailing 12-month revenue, that gives the stock a price-to-sales ratio (P/S) of 1.56. And with $185.5 million in free cash flow over the past 12 months, its price-to-free-cash-flow (P/FCF) is around 16.2.</p>\n<p>Both these metrics are cheap relative to the overall market, indicating that investors are not that confident in Corsair's prospects going forward. Management is only guiding for $1.9 billion to $2.1 billion in revenue in 2021, which may be spooking investors a bit as that would be a big slowdown in growth. But if you have a long-term time horizon and think Corsair can be a dominant brand in one of the world's fastest-growing industries, a market cap of only $3 billion may look like a steal five or 10 years from now.</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>Can Corsair Gaming Be the Nike of Esports?</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\">\nCan Corsair Gaming Be the Nike of Esports?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 19:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/18/can-corsair-gaming-be-the-nike-of-esports/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Video games are one of the largest industries worldwide. With an estimated $157 billion in global spending last year that is projected to reach almost $300 billion by 2027, there are tons of ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/18/can-corsair-gaming-be-the-nike-of-esports/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CRSR":"Corsair Gaming, Inc.","NKE":"耐克"},"source_url":"https://www.fool.com/investing/2021/06/18/can-corsair-gaming-be-the-nike-of-esports/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144757377","content_text":"Video games are one of the largest industries worldwide. With an estimated $157 billion in global spending last year that is projected to reach almost $300 billion by 2027, there are tons of investment opportunities lurking within the gaming space.\nOne of these opportunities may be Corsair Gaming (NASDAQ:CRSR), a company that just went public last fall and aims to become one of the premier gaming equipment and gear brands, similar to what Nike (NYSE:NKE) has done within the traditional sports market. Does Corsair Gaming have the chops to be the Nike of video games? Let's take a look.\nWhat is Corsair Gaming?\nFounded in 1994, Corsair started out selling high-end gaming PCs and hardware. This operating segment, which it calls gaming components and systems, is still the majority of the company's revenue, generating $353.5 million of its $529.4 million in sales last quarter. Corsair sells high-performance PCs to hardcore gamers, most of which sell for more than $2,000 apiece.\nWhile its legacy business is components and systems, Corsair is investing heavily into what it calls gaming and creator peripherals. This is mainly gaming and live streaming accessories like microphones, headsets, keyboards, and chairs. This segment generated $175.9 million in sales last quarter, up from $75.9 million a year ago. That is 132% year-over-year revenue growth for this segment.\nCorsair is also making multiple acquisitions to bolster its fastest-growing operating segment. One company it just acquired, Elgato, is a top brand for live stream equipment and software. Seeing as live streaming is huge among the gaming community, Elgato should fit perfectly among Corsair's product portfolio.\nLate last year, Corsair acquired Gamer Sensei, the world's biggest esports coaching service. Like Elgato, Gamer Sensei is an easy upsell for Corsair customers, as many are likely already aspiring esports professionals.\nHow Corsair can follow the Nike playbook\nThe problem with Corsair is that, when you get down to it, a lot of what it and its competitors sell are commodity products. This means that Corsair needs to differentiate itself in other ways in order to attract customers, like with design or a quality brand. A great comparison, and possible inspiration for Corsair's advertising strategy, would be Nike's playbook that helped it dominate the athletic shoe and apparel market.\nFor decades, Nike has paid billions of dollars to famous athletes and sports teams to make sure they exclusively wear Nike products when performing in front of millions of fans. For example, it is rumored the company's lifetime contract with NBA star Lebron James is worth more than $1 billion. At first glance, this may seem like wasteful spending, but Nike gets a great return on these athlete contracts because it convinces millions of other people to spend $100 or more on a pair of Nike shoes.\nCorsair can differentiate itself from other gaming equipment brands by using a similar strategy of paying famous gamers and esports athletes to exclusively use and wear Corsair products. It is already moving in this direction, with a few esports teams under its umbrella and a streamer program where people can apply to get free gear and discounts. However, the company has a lot more levers it could pull on this front. For example, it could sign top Twitch streamers to multi-year sponsorship deals, fitting them exclusively with Corsair gear. It could also go a step further by partnering with these top streamers to build custom gear, similar to what Nike does with NBA players and shoes. I'm no expert on the game streaming market, but if someone like Ninja (one of the most popular Twitch streamers) came out with a customer Corsair product it would likely do very well.\nThe stock trades at a reasonable valuation\nAs of this writing, Corsair has a market cap of $3 billion. With $1.92 billion in trailing 12-month revenue, that gives the stock a price-to-sales ratio (P/S) of 1.56. And with $185.5 million in free cash flow over the past 12 months, its price-to-free-cash-flow (P/FCF) is around 16.2.\nBoth these metrics are cheap relative to the overall market, indicating that investors are not that confident in Corsair's prospects going forward. Management is only guiding for $1.9 billion to $2.1 billion in revenue in 2021, which may be spooking investors a bit as that would be a big slowdown in growth. But if you have a long-term time horizon and think Corsair can be a dominant brand in one of the world's fastest-growing industries, a market cap of only $3 billion may look like a steal five or 10 years from now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136316571,"gmtCreate":1621994217193,"gmtModify":1704365653489,"author":{"id":"3582967582288641","authorId":"3582967582288641","name":"WeiXin0625","avatar":"https://static.tigerbbs.com/856a8349954fa218fe42440c51fb11ac","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582967582288641","authorIdStr":"3582967582288641"},"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/136316571","repostId":"1192160721","repostType":4,"repost":{"id":"1192160721","pubTimestamp":1621993483,"share":"https://ttm.financial/m/news/1192160721?lang=&edition=fundamental","pubTime":"2021-05-26 09:44","market":"us","language":"en","title":"ZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion","url":"https://stock-news.laohu8.com/highlight/detail?id=1192160721","media":"Barron's","summary":"The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its sha","content":"<p>The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its shares on Wednesday.</p>\n<p>With 133.1 million shares outstanding, this translates to a $2.4 billion valuation for ZipRecruiter, an online employment marketplace. This is below the $3 billion to $5 billion valuation ZipRecruiterhad reportedly been seekingwith the direct listing.&nbsp;The company will trade on the NYSE under the ticker ZIP.</p>\n<p>ZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of class A common stock for resale,according to its prospectus.</p>\n<p>Reference prices typically have no relevance as to how the stock will trade. Rather, they are meant to be a guide that informs the public of recent private trading activity.Coinbase Global(ticker: COIN), which went public in April using a direct listing,received a $250 reference price. Its stock opened at $381. Last week,Squarespace(SQSP)received a $50 reference price andits stock opened at $48.</p>\n<p>Founded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee, while 110 million job seekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3%, to $418 million in 2020, the prospectus said.</p>\n<p>ZipRecruiter has raised $219 million in funding, according toCrunchbase. This includesa $156 million round in 2018co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.</p>\n<p>Several shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million class A shares.</p>","source":"lsy1610680873436","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>ZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion</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\">\nZipRecruiter Gets $18 Reference Price for Direct Listing, Valuing the Online Job Marketplace at $2.4 Billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/ziprecruiter-gets-18-reference-price-or-direct-listing-valuing-the-online-job-marketplace-at-2-4-billion-51621980756?mod=newsviewer_click><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its shares on Wednesday.\nWith 133.1 million shares outstanding, this translates to a $2.4 billion valuation...</p>\n\n<a href=\"https://www.marketwatch.com/articles/ziprecruiter-gets-18-reference-price-or-direct-listing-valuing-the-online-job-marketplace-at-2-4-billion-51621980756?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZIP":"ZipRecruiter Inc."},"source_url":"https://www.marketwatch.com/articles/ziprecruiter-gets-18-reference-price-or-direct-listing-valuing-the-online-job-marketplace-at-2-4-billion-51621980756?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1192160721","content_text":"The New York Stock Exchange assigned a $18 reference price to ZipRecruiter, which is listing its shares on Wednesday.\nWith 133.1 million shares outstanding, this translates to a $2.4 billion valuation for ZipRecruiter, an online employment marketplace. This is below the $3 billion to $5 billion valuation ZipRecruiterhad reportedly been seekingwith the direct listing. The company will trade on the NYSE under the ticker ZIP.\nZipRecruiter itself is not selling shares with the offering and will not receive proceeds from the direct listing. Instead, its shareholders will offer up to 86,598,896 shares of class A common stock for resale,according to its prospectus.\nReference prices typically have no relevance as to how the stock will trade. Rather, they are meant to be a guide that informs the public of recent private trading activity.Coinbase Global(ticker: COIN), which went public in April using a direct listing,received a $250 reference price. Its stock opened at $381. Last week,Squarespace(SQSP)received a $50 reference price andits stock opened at $48.\nFounded in 2010, ZipRecruiter is an employment marketplace for people looking for work and businesses seeking employees. More than 2.8 million businesses have used ZipRecruiter to find an employee, while 110 million job seekers have sought employment on the site, the filing said. The company became profitable in 2020, reporting $86 million in income from $6.3 million in losses in 2019. Revenue droppednearly 3%, to $418 million in 2020, the prospectus said.\nZipRecruiter has raised $219 million in funding, according toCrunchbase. This includesa $156 million round in 2018co-led by Wellington Management Company and Institutional Venture Partners, or IVP. IVP owns the biggest chunk of ZipRecruiter’s voting power—21.1%.\nSeveral shareholders have registered their class A common stock, which they may or may not sell via the direct listing, the prospectus said. IVP has registered about 22.7 million class A shares, while Wellington is offering roughly 1.9 million shares. ZipRecruiter CEO Ian Siegel has put up 10.5 million class A shares.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}