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2021-05-25

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Aurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets

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3 Stocks to Buy If You've Got the Bitcoin Blues

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After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.</p><p>The decline was even worse until <b>Tesla</b> CEO Elon Musk tweeted on Monday that he had spoken with U.S.-based Bitcoin miners who committed to publishing their current and planned renewable energy usage. Musk is viewed as having helped trigger the cryptocurrency's plunge in May after he tweeted that Tesla was suspending all purchases of its vehicles using Bitcoin because of the high energy requirements for its mining and transactions -- electricity that is largely generated by the burning of fossil fuels.</p><p>These gyrations have undoubtedly frustrated many fans of the cryptocurrency. What should they do? One option is to invest elsewhere.&nbsp;Here are three stocks to buy if you've got the Bitcoin blues.</p><h2>Square</h2><p><b>Square</b> (NYSE:SQ) stands out as a company that directly benefits from Bitcoin, but it has a clear pathway to growth regardless of what happens with the cryptocurrency. The company's Cash App supports buying and selling Bitcoin, a feature that added more than $3.5 billion in revenues for Square in the first quarter. However, Square's profits weren't boosted nearly as much by its Bitcoin-related business because the company's profit margins from cryptocurrency transactions are quite thin.</p><p>There are plenty of reasons other than its Bitcoin support to consider investing in Square. For example, the company continues to expand its seller ecosystem. It started out focusing primarily on credit card processing, but has built out its platform with a range of products and services that make it sticky for merchants.</p><p>Square's expansion efforts were highlighted earlier this week in a Bloomberg article that reported the company plans to introduce business checking and savings accounts. This would be another step into traditional banking services -- a big market opportunity for the company.</p><p>Cash App, though, remains Square's biggest growth driver. Use of the Cash Card debit card linked to the app has skyrocketed. Square is also finding ways to integrate its Cash App and seller ecosystems.</p><p>Digital payments are destined to grow regardless of what happens with Bitcoin, and Square is <a href=\"https://laohu8.com/S/AONE\">one</a> of the companies that's best-positioned to profit from this trend.</p><h2>NVIDIA</h2><p>Back in the gold rush days, it was often said that those who sold picks and shovels made more money than the gold miners did. In today's world of Bitcoin mining, <b>NVIDIA</b> (NASDAQ:NVDA) ranks as a top provider of \"picks and shovels.\" Its graphics processing units (GPUs) are among the best on the market for powering Bitcoin mining rigs.</p><p>NVIDIA can't track exactly how many of its GPUs are being used for crypto mining. However, analysts estimated that between $100 million and $300 million worth of them were purchased for that purpose in its fiscal 2021 fourth quarter (which ended Jan. 31) -- accounting for between 2% and 6% of the company's total revenue.</p><p>Most of NVIDIA's GPUs are used in gaming and in data centers, and those markets are providing most of its revenue growth. That momentum seems likely to continue as the popularity of gaming keeps increasing, and the use of artificial intelligence in more apps is driving demand for powerful servers higher.</p><p>NVIDIA's share price is about to decline sharply -- but for a good reason. The company plans to conduct a four-for-<a href=\"https://laohu8.com/S/AONE.U\">one</a> stock split in July. This move will give it a share price that's more accessible to retail investors, and just might provide a catalyst to a stock that has already delivered a solid year-to-date gain.</p><h2>DermTech</h2><p><b>DermTech</b> (NASDAQ:DMTK) has absolutely nothing to do with any cryptocurrency. So why should investors with the Bitcoin blues take a look at this specific healthcare stock? Well, DermTech is currently trading even further off of its peak than Bitcoin is. The stock also has a crystal-clear growth opportunity, while Bitcoin's growth prospects are a lot murkier.</p><p>DermTech focuses on skin genomics. The company's Pigmented Lesion Assay (PLA) product is used to diagnose melanoma. For its test, an adhesive patch is placed on the patient's skin, then removed and sent to DermTech's lab, where genomic testing is performed on the skin cells attached to it to determine if melanoma is present.</p><p>You'd probably expect that this approach would be more appealing to patients than being cut by a dermatologist to obtain a biopsy. It's also more accurate and cheaper. PLA is 17 times less likely to miss a melanoma diagnosis than the standard surgical biopsy approach. And it's roughly 24% less expensive per lesion tested.</p><p>DermTech is still only in its early stages of growth. However, the company has secured reimbursement deals from several major payers, notably including Medicare. It's also developing genomics tests that target other types of skin cancer. For investors looking for a big rebound opportunity, DermTech could be an even better bet than Bitcoin.</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>3 Stocks to Buy If You've Got the Bitcoin Blues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy If You've Got the Bitcoin Blues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 17:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/26/3-stocks-to-buy-if-youve-got-the-bitcoin-blues/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been a rough month or so for Bitcoin (CRYPTO:BTC). After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.The decline was even worse until ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/3-stocks-to-buy-if-youve-got-the-bitcoin-blues/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/05/26/3-stocks-to-buy-if-youve-got-the-bitcoin-blues/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138311976","content_text":"It's been a rough month or so for Bitcoin (CRYPTO:BTC). After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.The decline was even worse until Tesla CEO Elon Musk tweeted on Monday that he had spoken with U.S.-based Bitcoin miners who committed to publishing their current and planned renewable energy usage. Musk is viewed as having helped trigger the cryptocurrency's plunge in May after he tweeted that Tesla was suspending all purchases of its vehicles using Bitcoin because of the high energy requirements for its mining and transactions -- electricity that is largely generated by the burning of fossil fuels.These gyrations have undoubtedly frustrated many fans of the cryptocurrency. What should they do? One option is to invest elsewhere. Here are three stocks to buy if you've got the Bitcoin blues.SquareSquare (NYSE:SQ) stands out as a company that directly benefits from Bitcoin, but it has a clear pathway to growth regardless of what happens with the cryptocurrency. The company's Cash App supports buying and selling Bitcoin, a feature that added more than $3.5 billion in revenues for Square in the first quarter. However, Square's profits weren't boosted nearly as much by its Bitcoin-related business because the company's profit margins from cryptocurrency transactions are quite thin.There are plenty of reasons other than its Bitcoin support to consider investing in Square. For example, the company continues to expand its seller ecosystem. It started out focusing primarily on credit card processing, but has built out its platform with a range of products and services that make it sticky for merchants.Square's expansion efforts were highlighted earlier this week in a Bloomberg article that reported the company plans to introduce business checking and savings accounts. This would be another step into traditional banking services -- a big market opportunity for the company.Cash App, though, remains Square's biggest growth driver. Use of the Cash Card debit card linked to the app has skyrocketed. Square is also finding ways to integrate its Cash App and seller ecosystems.Digital payments are destined to grow regardless of what happens with Bitcoin, and Square is one of the companies that's best-positioned to profit from this trend.NVIDIABack in the gold rush days, it was often said that those who sold picks and shovels made more money than the gold miners did. In today's world of Bitcoin mining, NVIDIA (NASDAQ:NVDA) ranks as a top provider of \"picks and shovels.\" Its graphics processing units (GPUs) are among the best on the market for powering Bitcoin mining rigs.NVIDIA can't track exactly how many of its GPUs are being used for crypto mining. However, analysts estimated that between $100 million and $300 million worth of them were purchased for that purpose in its fiscal 2021 fourth quarter (which ended Jan. 31) -- accounting for between 2% and 6% of the company's total revenue.Most of NVIDIA's GPUs are used in gaming and in data centers, and those markets are providing most of its revenue growth. That momentum seems likely to continue as the popularity of gaming keeps increasing, and the use of artificial intelligence in more apps is driving demand for powerful servers higher.NVIDIA's share price is about to decline sharply -- but for a good reason. The company plans to conduct a four-for-one stock split in July. This move will give it a share price that's more accessible to retail investors, and just might provide a catalyst to a stock that has already delivered a solid year-to-date gain.DermTechDermTech (NASDAQ:DMTK) has absolutely nothing to do with any cryptocurrency. So why should investors with the Bitcoin blues take a look at this specific healthcare stock? Well, DermTech is currently trading even further off of its peak than Bitcoin is. The stock also has a crystal-clear growth opportunity, while Bitcoin's growth prospects are a lot murkier.DermTech focuses on skin genomics. The company's Pigmented Lesion Assay (PLA) product is used to diagnose melanoma. For its test, an adhesive patch is placed on the patient's skin, then removed and sent to DermTech's lab, where genomic testing is performed on the skin cells attached to it to determine if melanoma is present.You'd probably expect that this approach would be more appealing to patients than being cut by a dermatologist to obtain a biopsy. It's also more accurate and cheaper. PLA is 17 times less likely to miss a melanoma diagnosis than the standard surgical biopsy approach. And it's roughly 24% less expensive per lesion tested.DermTech is still only in its early stages of growth. However, the company has secured reimbursement deals from several major payers, notably including Medicare. It's also developing genomics tests that target other types of skin cancer. For investors looking for a big rebound opportunity, DermTech could be an even better bet than Bitcoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138423807,"gmtCreate":1621955064309,"gmtModify":1704365144865,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138423807","repostId":"1164265514","repostType":4,"repost":{"id":"1164265514","kind":"news","pubTimestamp":1621954440,"share":"https://ttm.financial/m/news/1164265514?lang=&edition=fundamental","pubTime":"2021-05-25 22:54","market":"us","language":"en","title":"Aurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1164265514","media":"benzinga","summary":"Aurora Cannabis(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021","content":"<p><b>Aurora Cannabis</b>(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021.</p><p>The Canadian cannabis giant confirmed Monday it has finalized the transfer of its stock exchange listing to NASDAQ from NYSE, as part of its business transformation plan and cost efficiency initiatives, which the company announced last year.</p><p>Taking a look at 2020,&nbsp;there is no doubt it was a turbulent year for the cannabis industry. Although other industries felt&nbsp;the negative effects of the global pandemic, cannabis-related companies managed to remain on relatively firm footing&nbsp;as dispensaries and pot shops weredeclared essential services&nbsp;in many states and permitted to function&nbsp;amid the crisis.</p><p>Nevertheless, some&nbsp;businesses in the space experienced challenges, such as having to cut their workforce.</p><p>Then again, others were hiring.</p><p><b>The rollercoaster ride continued</b></p><p>In 2020&nbsp;five U.S.&nbsp;states ushered in cannabis legalization. However, this year’s much-anticipated&nbsp;bid for legalization&nbsp;in Mexico failed to meet a Supreme Court deadline. Cannabis advocates are not giving up though. They're&nbsp;now pushing for a special session in the hope of creating one of&nbsp;the world's largest legal cannabis markets.</p><p><b>Year of the Merger</b></p><p>With the&nbsp;many consolidations that took place&nbsp;in the industry this year&nbsp;– the largest being the&nbsp;recently completedA<b>phria, Inc.-Tilray</b>(NASDAQ:&nbsp;TLRY) merger&nbsp;–&nbsp;Benzinga was interested to learn what this period would bring for Aurora and what the company’s plans were. Is it also considering a merger? We reached out to the company’s CEO, Miguel Martin who filled us in on its&nbsp;business transformation plan.</p><p><b>Improving Balance Sheet</b></p><p>In 2020, Auroralaid offmore than 1200 of its employees, and in January of this year, following&nbsp;its deal with Great North Distributors,&nbsp;200 more workers got pink slips. Regarding the 2020 layoffs, the company cited an effort to improve its balance sheet.</p><p>Martin explained that Aurora&nbsp;made “tough yet necessary decisions” in order to get the company back on the road to profitability.</p><p>Now, “we are investing in our people. We’re hiring some great people here at the company,” Martin told Benzinga.</p><p>“Aurora is a long-term player in the global cannabinoid market and is increasingly positioned to deliver for shareholders over the long run.”</p><p>Even though several years ago, Aurora’s stock was valued at $100 and now is below $10, Martin chooses to focus on the present. He&nbsp;said&nbsp;they did&nbsp;what they had to do to adapt&nbsp;to today’s marketplace.</p><p>“Our production rate was not sustainable, a trend seen across the cannabis industry. What I can say is that we are one of the first LPs to right-size production. We’ve exited markets and infrastructure that didn’t make sense from a financial standpoint. Looking ahead, we’re focused on our key markets that drive significant revenue growth.”</p><p><b>No Fear Of Competition</b></p><p>The core of Aurora’s business is the medical segment, which the company has been developing for years. In spite of so many companies joining the Canadian medical cannabis scene, Martin is not&nbsp;worried&nbsp;about competition.</p><p>“Aurora has deep roots as a medical cannabis company&nbsp;and has been an advocate for patient access in Canada and beyond. Our history of science and R&amp;D gives us a competitive advantage to capitalize on new discoveries and technologies,\" he explained. \"We have one of the most comprehensive genetic libraries in the world and we’re investing in genetic mapping to not only better understand our plants, but to deliver a quality product to our patients and consumers.\"</p><p>Regarding the industry's recent rash of consolidation and mergers,&nbsp;Martin is confident that Aurora does not need to go down that road.</p><p>“Overall, the action in this space is great news but Aurora does not feel it needs to follow suit to remain competitive. That being said, our excellent balance sheet and the recent capital raise put Aurora in a great place to do so, should an opportunity arise,” Martin said.</p><p><b>Three Principles – Quality, Innovation, Premium Products</b></p><p>Aurora is currently concentrating on three principles – 1) Quality improvement; 2) The launch of the new products; 3) Premium products like vape, pre-rolls and concentrates.</p><p>“Quality is an absolute non-negotiable for success,” Martin stressed.</p><p>“Innovation is equally at the core of our focus and we are leveraging the excellence of our superior R&amp;D capabilities to bring new offerings to market, especially in adjacent, value add categories like vapes, pre-rolls and concentrates. Innovation and product line extensions will be seen under Aurora’s leading brands, including San Rafael and Aurora. I am particularly excited about the future of the San Rafael brand as we prepare to expand the brand.”</p><p>In 2021, Aurora is&nbsp;concentrating&nbsp;on improving performance and its&nbsp;shareholders.</p><p>“We’re focusing on&nbsp;key markets that drive significant revenue growth and deliver shareholder value. Specifically, we aim to advance our leadership in our Canadian recreational, Canadian and international medical, and the expanding US marketplace,” Martin noted.</p><p><b>Attracted To The U.S. Market</b></p><p>Aurora is keeping a close eye on the U.S. market, in order to&nbsp;be prepared for&nbsp;federal legalization.</p><p>“In terms of the U.S. THC market, we won’t simply wait for comprehensive legislation… we're&nbsp;assessing ways to move quickly once comprehensive legislation is in place,\" Martin said. \"One thing I am confident in is that the competitive landscape in the US will look very different if THC is de-scheduled because of social justice and economic reforms, which we believe will ultimately drive it.”</p><p>Aurora is already well-positioned in the U.S.,&nbsp;Martin noted, with its CBD brand Reliva, which has put&nbsp;it “in a strong place to look ahead at the U.S. market as it undergoes market and regulatory changes.”</p><p>Aurora is also internationally oriented, believing that the industry has an enormous growth potential on a global level.</p><p>“We will pursue growth in a measured and sustainable way, leveraging Aurora’s medical cannabis credentials and international footprint to unlock new opportunities and meet consumer demand as it arises,” Martin concluded.</p><p>Aurora's shares were trading&nbsp;5.36% higher at $8.06 per share at the time of writing.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets</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\">\nAurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 22:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/05/21272777/aurora-cannabis-begins-trading-on-nasdaq-ceo-shares-2021-plans-focus-on-the-key-markets><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aurora Cannabis(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021.The Canadian cannabis giant confirmed Monday it has finalized the transfer of its stock exchange ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/05/21272777/aurora-cannabis-begins-trading-on-nasdaq-ceo-shares-2021-plans-focus-on-the-key-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司"},"source_url":"https://www.benzinga.com/markets/cannabis/21/05/21272777/aurora-cannabis-begins-trading-on-nasdaq-ceo-shares-2021-plans-focus-on-the-key-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164265514","content_text":"Aurora Cannabis(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021.The Canadian cannabis giant confirmed Monday it has finalized the transfer of its stock exchange listing to NASDAQ from NYSE, as part of its business transformation plan and cost efficiency initiatives, which the company announced last year.Taking a look at 2020, there is no doubt it was a turbulent year for the cannabis industry. Although other industries felt the negative effects of the global pandemic, cannabis-related companies managed to remain on relatively firm footing as dispensaries and pot shops weredeclared essential services in many states and permitted to function amid the crisis.Nevertheless, some businesses in the space experienced challenges, such as having to cut their workforce.Then again, others were hiring.The rollercoaster ride continuedIn 2020 five U.S. states ushered in cannabis legalization. However, this year’s much-anticipated bid for legalization in Mexico failed to meet a Supreme Court deadline. Cannabis advocates are not giving up though. They're now pushing for a special session in the hope of creating one of the world's largest legal cannabis markets.Year of the MergerWith the many consolidations that took place in the industry this year – the largest being the recently completedAphria, Inc.-Tilray(NASDAQ: TLRY) merger – Benzinga was interested to learn what this period would bring for Aurora and what the company’s plans were. Is it also considering a merger? We reached out to the company’s CEO, Miguel Martin who filled us in on its business transformation plan.Improving Balance SheetIn 2020, Auroralaid offmore than 1200 of its employees, and in January of this year, following its deal with Great North Distributors, 200 more workers got pink slips. Regarding the 2020 layoffs, the company cited an effort to improve its balance sheet.Martin explained that Aurora made “tough yet necessary decisions” in order to get the company back on the road to profitability.Now, “we are investing in our people. We’re hiring some great people here at the company,” Martin told Benzinga.“Aurora is a long-term player in the global cannabinoid market and is increasingly positioned to deliver for shareholders over the long run.”Even though several years ago, Aurora’s stock was valued at $100 and now is below $10, Martin chooses to focus on the present. He said they did what they had to do to adapt to today’s marketplace.“Our production rate was not sustainable, a trend seen across the cannabis industry. What I can say is that we are one of the first LPs to right-size production. We’ve exited markets and infrastructure that didn’t make sense from a financial standpoint. Looking ahead, we’re focused on our key markets that drive significant revenue growth.”No Fear Of CompetitionThe core of Aurora’s business is the medical segment, which the company has been developing for years. In spite of so many companies joining the Canadian medical cannabis scene, Martin is not worried about competition.“Aurora has deep roots as a medical cannabis company and has been an advocate for patient access in Canada and beyond. Our history of science and R&D gives us a competitive advantage to capitalize on new discoveries and technologies,\" he explained. \"We have one of the most comprehensive genetic libraries in the world and we’re investing in genetic mapping to not only better understand our plants, but to deliver a quality product to our patients and consumers.\"Regarding the industry's recent rash of consolidation and mergers, Martin is confident that Aurora does not need to go down that road.“Overall, the action in this space is great news but Aurora does not feel it needs to follow suit to remain competitive. That being said, our excellent balance sheet and the recent capital raise put Aurora in a great place to do so, should an opportunity arise,” Martin said.Three Principles – Quality, Innovation, Premium ProductsAurora is currently concentrating on three principles – 1) Quality improvement; 2) The launch of the new products; 3) Premium products like vape, pre-rolls and concentrates.“Quality is an absolute non-negotiable for success,” Martin stressed.“Innovation is equally at the core of our focus and we are leveraging the excellence of our superior R&D capabilities to bring new offerings to market, especially in adjacent, value add categories like vapes, pre-rolls and concentrates. Innovation and product line extensions will be seen under Aurora’s leading brands, including San Rafael and Aurora. I am particularly excited about the future of the San Rafael brand as we prepare to expand the brand.”In 2021, Aurora is concentrating on improving performance and its shareholders.“We’re focusing on key markets that drive significant revenue growth and deliver shareholder value. Specifically, we aim to advance our leadership in our Canadian recreational, Canadian and international medical, and the expanding US marketplace,” Martin noted.Attracted To The U.S. MarketAurora is keeping a close eye on the U.S. market, in order to be prepared for federal legalization.“In terms of the U.S. THC market, we won’t simply wait for comprehensive legislation… we're assessing ways to move quickly once comprehensive legislation is in place,\" Martin said. \"One thing I am confident in is that the competitive landscape in the US will look very different if THC is de-scheduled because of social justice and economic reforms, which we believe will ultimately drive it.”Aurora is already well-positioned in the U.S., Martin noted, with its CBD brand Reliva, which has put it “in a strong place to look ahead at the U.S. market as it undergoes market and regulatory changes.”Aurora is also internationally oriented, believing that the industry has an enormous growth potential on a global level.“We will pursue growth in a measured and sustainable way, leveraging Aurora’s medical cannabis credentials and international footprint to unlock new opportunities and meet consumer demand as it arises,” Martin concluded.Aurora's shares were trading 5.36% higher at $8.06 per share at the time of writing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138462134,"gmtCreate":1621954736528,"gmtModify":1704365137665,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138462134","repostId":"1110261806","repostType":4,"repost":{"id":"1110261806","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621950621,"share":"https://ttm.financial/m/news/1110261806?lang=&edition=fundamental","pubTime":"2021-05-25 21:50","market":"us","language":"en","title":"Tesla shares rose nearly 1%,after setting up China site to store data locally","url":"https://stock-news.laohu8.com/highlight/detail?id=1110261806","media":"Tiger Newspress","summary":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said o","content":"<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</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>Tesla shares rose nearly 1%,after setting up China site to store data locally</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{ 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.h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares rose nearly 1%,after setting up China site to store data locally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110261806","content_text":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575423014243315","authorId":"3575423014243315","name":"Jaminwu","avatar":"https://static.tigerbbs.com/e406a9629077a6d66bf3ea9d74b7b538","crmLevel":5,"crmLevelSwitch":0,"idStr":"3575423014243315","authorIdStr":"3575423014243315"},"content":"extra nice","text":"extra nice","html":"extra nice"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138468542,"gmtCreate":1621954654786,"gmtModify":1704365134381,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138468542","repostId":"1110261806","repostType":4,"repost":{"id":"1110261806","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621950621,"share":"https://ttm.financial/m/news/1110261806?lang=&edition=fundamental","pubTime":"2021-05-25 21:50","market":"us","language":"en","title":"Tesla shares rose nearly 1%,after setting up China site to store data locally","url":"https://stock-news.laohu8.com/highlight/detail?id=1110261806","media":"Tiger Newspress","summary":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said o","content":"<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</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\" 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style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110261806","content_text":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":138462134,"gmtCreate":1621954736528,"gmtModify":1704365137665,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/138462134","repostId":"1110261806","repostType":4,"repost":{"id":"1110261806","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621950621,"share":"https://ttm.financial/m/news/1110261806?lang=&edition=fundamental","pubTime":"2021-05-25 21:50","market":"us","language":"en","title":"Tesla shares rose nearly 1%,after setting up China site to store data locally","url":"https://stock-news.laohu8.com/highlight/detail?id=1110261806","media":"Tiger Newspress","summary":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said o","content":"<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</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\" 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.h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla shares rose nearly 1%,after setting up China site to store data locally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110261806","content_text":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":432,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575423014243315","authorId":"3575423014243315","name":"Jaminwu","avatar":"https://static.tigerbbs.com/e406a9629077a6d66bf3ea9d74b7b538","crmLevel":5,"crmLevelSwitch":0,"idStr":"3575423014243315","authorIdStr":"3575423014243315"},"content":"extra nice","text":"extra nice","html":"extra nice"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138423807,"gmtCreate":1621955064309,"gmtModify":1704365144865,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138423807","repostId":"1164265514","repostType":4,"repost":{"id":"1164265514","kind":"news","pubTimestamp":1621954440,"share":"https://ttm.financial/m/news/1164265514?lang=&edition=fundamental","pubTime":"2021-05-25 22:54","market":"us","language":"en","title":"Aurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets","url":"https://stock-news.laohu8.com/highlight/detail?id=1164265514","media":"benzinga","summary":"Aurora Cannabis(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021","content":"<p><b>Aurora Cannabis</b>(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021.</p><p>The Canadian cannabis giant confirmed Monday it has finalized the transfer of its stock exchange listing to NASDAQ from NYSE, as part of its business transformation plan and cost efficiency initiatives, which the company announced last year.</p><p>Taking a look at 2020,&nbsp;there is no doubt it was a turbulent year for the cannabis industry. Although other industries felt&nbsp;the negative effects of the global pandemic, cannabis-related companies managed to remain on relatively firm footing&nbsp;as dispensaries and pot shops weredeclared essential services&nbsp;in many states and permitted to function&nbsp;amid the crisis.</p><p>Nevertheless, some&nbsp;businesses in the space experienced challenges, such as having to cut their workforce.</p><p>Then again, others were hiring.</p><p><b>The rollercoaster ride continued</b></p><p>In 2020&nbsp;five U.S.&nbsp;states ushered in cannabis legalization. However, this year’s much-anticipated&nbsp;bid for legalization&nbsp;in Mexico failed to meet a Supreme Court deadline. Cannabis advocates are not giving up though. They're&nbsp;now pushing for a special session in the hope of creating one of&nbsp;the world's largest legal cannabis markets.</p><p><b>Year of the Merger</b></p><p>With the&nbsp;many consolidations that took place&nbsp;in the industry this year&nbsp;– the largest being the&nbsp;recently completedA<b>phria, Inc.-Tilray</b>(NASDAQ:&nbsp;TLRY) merger&nbsp;–&nbsp;Benzinga was interested to learn what this period would bring for Aurora and what the company’s plans were. Is it also considering a merger? We reached out to the company’s CEO, Miguel Martin who filled us in on its&nbsp;business transformation plan.</p><p><b>Improving Balance Sheet</b></p><p>In 2020, Auroralaid offmore than 1200 of its employees, and in January of this year, following&nbsp;its deal with Great North Distributors,&nbsp;200 more workers got pink slips. Regarding the 2020 layoffs, the company cited an effort to improve its balance sheet.</p><p>Martin explained that Aurora&nbsp;made “tough yet necessary decisions” in order to get the company back on the road to profitability.</p><p>Now, “we are investing in our people. We’re hiring some great people here at the company,” Martin told Benzinga.</p><p>“Aurora is a long-term player in the global cannabinoid market and is increasingly positioned to deliver for shareholders over the long run.”</p><p>Even though several years ago, Aurora’s stock was valued at $100 and now is below $10, Martin chooses to focus on the present. He&nbsp;said&nbsp;they did&nbsp;what they had to do to adapt&nbsp;to today’s marketplace.</p><p>“Our production rate was not sustainable, a trend seen across the cannabis industry. What I can say is that we are one of the first LPs to right-size production. We’ve exited markets and infrastructure that didn’t make sense from a financial standpoint. Looking ahead, we’re focused on our key markets that drive significant revenue growth.”</p><p><b>No Fear Of Competition</b></p><p>The core of Aurora’s business is the medical segment, which the company has been developing for years. In spite of so many companies joining the Canadian medical cannabis scene, Martin is not&nbsp;worried&nbsp;about competition.</p><p>“Aurora has deep roots as a medical cannabis company&nbsp;and has been an advocate for patient access in Canada and beyond. Our history of science and R&amp;D gives us a competitive advantage to capitalize on new discoveries and technologies,\" he explained. \"We have one of the most comprehensive genetic libraries in the world and we’re investing in genetic mapping to not only better understand our plants, but to deliver a quality product to our patients and consumers.\"</p><p>Regarding the industry's recent rash of consolidation and mergers,&nbsp;Martin is confident that Aurora does not need to go down that road.</p><p>“Overall, the action in this space is great news but Aurora does not feel it needs to follow suit to remain competitive. That being said, our excellent balance sheet and the recent capital raise put Aurora in a great place to do so, should an opportunity arise,” Martin said.</p><p><b>Three Principles – Quality, Innovation, Premium Products</b></p><p>Aurora is currently concentrating on three principles – 1) Quality improvement; 2) The launch of the new products; 3) Premium products like vape, pre-rolls and concentrates.</p><p>“Quality is an absolute non-negotiable for success,” Martin stressed.</p><p>“Innovation is equally at the core of our focus and we are leveraging the excellence of our superior R&amp;D capabilities to bring new offerings to market, especially in adjacent, value add categories like vapes, pre-rolls and concentrates. Innovation and product line extensions will be seen under Aurora’s leading brands, including San Rafael and Aurora. I am particularly excited about the future of the San Rafael brand as we prepare to expand the brand.”</p><p>In 2021, Aurora is&nbsp;concentrating&nbsp;on improving performance and its&nbsp;shareholders.</p><p>“We’re focusing on&nbsp;key markets that drive significant revenue growth and deliver shareholder value. Specifically, we aim to advance our leadership in our Canadian recreational, Canadian and international medical, and the expanding US marketplace,” Martin noted.</p><p><b>Attracted To The U.S. Market</b></p><p>Aurora is keeping a close eye on the U.S. market, in order to&nbsp;be prepared for&nbsp;federal legalization.</p><p>“In terms of the U.S. THC market, we won’t simply wait for comprehensive legislation… we're&nbsp;assessing ways to move quickly once comprehensive legislation is in place,\" Martin said. \"One thing I am confident in is that the competitive landscape in the US will look very different if THC is de-scheduled because of social justice and economic reforms, which we believe will ultimately drive it.”</p><p>Aurora is already well-positioned in the U.S.,&nbsp;Martin noted, with its CBD brand Reliva, which has put&nbsp;it “in a strong place to look ahead at the U.S. market as it undergoes market and regulatory changes.”</p><p>Aurora is also internationally oriented, believing that the industry has an enormous growth potential on a global level.</p><p>“We will pursue growth in a measured and sustainable way, leveraging Aurora’s medical cannabis credentials and international footprint to unlock new opportunities and meet consumer demand as it arises,” Martin concluded.</p><p>Aurora's shares were trading&nbsp;5.36% higher at $8.06 per share at the time of writing.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Aurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets</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\">\nAurora Cannabis Begins Trading On Nasdaq, CEO Shares 2021 Plans, Focus On The Key Markets\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-25 22:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/markets/cannabis/21/05/21272777/aurora-cannabis-begins-trading-on-nasdaq-ceo-shares-2021-plans-focus-on-the-key-markets><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Aurora Cannabis(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021.The Canadian cannabis giant confirmed Monday it has finalized the transfer of its stock exchange ...</p>\n\n<a href=\"https://www.benzinga.com/markets/cannabis/21/05/21272777/aurora-cannabis-begins-trading-on-nasdaq-ceo-shares-2021-plans-focus-on-the-key-markets\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ACB":"奥罗拉大麻公司"},"source_url":"https://www.benzinga.com/markets/cannabis/21/05/21272777/aurora-cannabis-begins-trading-on-nasdaq-ceo-shares-2021-plans-focus-on-the-key-markets","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164265514","content_text":"Aurora Cannabis(NASDAQ:ACB) will commence trading on the Nasdaq Global Select Market on May 25, 2021.The Canadian cannabis giant confirmed Monday it has finalized the transfer of its stock exchange listing to NASDAQ from NYSE, as part of its business transformation plan and cost efficiency initiatives, which the company announced last year.Taking a look at 2020, there is no doubt it was a turbulent year for the cannabis industry. Although other industries felt the negative effects of the global pandemic, cannabis-related companies managed to remain on relatively firm footing as dispensaries and pot shops weredeclared essential services in many states and permitted to function amid the crisis.Nevertheless, some businesses in the space experienced challenges, such as having to cut their workforce.Then again, others were hiring.The rollercoaster ride continuedIn 2020 five U.S. states ushered in cannabis legalization. However, this year’s much-anticipated bid for legalization in Mexico failed to meet a Supreme Court deadline. Cannabis advocates are not giving up though. They're now pushing for a special session in the hope of creating one of the world's largest legal cannabis markets.Year of the MergerWith the many consolidations that took place in the industry this year – the largest being the recently completedAphria, Inc.-Tilray(NASDAQ: TLRY) merger – Benzinga was interested to learn what this period would bring for Aurora and what the company’s plans were. Is it also considering a merger? We reached out to the company’s CEO, Miguel Martin who filled us in on its business transformation plan.Improving Balance SheetIn 2020, Auroralaid offmore than 1200 of its employees, and in January of this year, following its deal with Great North Distributors, 200 more workers got pink slips. Regarding the 2020 layoffs, the company cited an effort to improve its balance sheet.Martin explained that Aurora made “tough yet necessary decisions” in order to get the company back on the road to profitability.Now, “we are investing in our people. We’re hiring some great people here at the company,” Martin told Benzinga.“Aurora is a long-term player in the global cannabinoid market and is increasingly positioned to deliver for shareholders over the long run.”Even though several years ago, Aurora’s stock was valued at $100 and now is below $10, Martin chooses to focus on the present. He said they did what they had to do to adapt to today’s marketplace.“Our production rate was not sustainable, a trend seen across the cannabis industry. What I can say is that we are one of the first LPs to right-size production. We’ve exited markets and infrastructure that didn’t make sense from a financial standpoint. Looking ahead, we’re focused on our key markets that drive significant revenue growth.”No Fear Of CompetitionThe core of Aurora’s business is the medical segment, which the company has been developing for years. In spite of so many companies joining the Canadian medical cannabis scene, Martin is not worried about competition.“Aurora has deep roots as a medical cannabis company and has been an advocate for patient access in Canada and beyond. Our history of science and R&D gives us a competitive advantage to capitalize on new discoveries and technologies,\" he explained. \"We have one of the most comprehensive genetic libraries in the world and we’re investing in genetic mapping to not only better understand our plants, but to deliver a quality product to our patients and consumers.\"Regarding the industry's recent rash of consolidation and mergers, Martin is confident that Aurora does not need to go down that road.“Overall, the action in this space is great news but Aurora does not feel it needs to follow suit to remain competitive. That being said, our excellent balance sheet and the recent capital raise put Aurora in a great place to do so, should an opportunity arise,” Martin said.Three Principles – Quality, Innovation, Premium ProductsAurora is currently concentrating on three principles – 1) Quality improvement; 2) The launch of the new products; 3) Premium products like vape, pre-rolls and concentrates.“Quality is an absolute non-negotiable for success,” Martin stressed.“Innovation is equally at the core of our focus and we are leveraging the excellence of our superior R&D capabilities to bring new offerings to market, especially in adjacent, value add categories like vapes, pre-rolls and concentrates. Innovation and product line extensions will be seen under Aurora’s leading brands, including San Rafael and Aurora. I am particularly excited about the future of the San Rafael brand as we prepare to expand the brand.”In 2021, Aurora is concentrating on improving performance and its shareholders.“We’re focusing on key markets that drive significant revenue growth and deliver shareholder value. Specifically, we aim to advance our leadership in our Canadian recreational, Canadian and international medical, and the expanding US marketplace,” Martin noted.Attracted To The U.S. MarketAurora is keeping a close eye on the U.S. market, in order to be prepared for federal legalization.“In terms of the U.S. THC market, we won’t simply wait for comprehensive legislation… we're assessing ways to move quickly once comprehensive legislation is in place,\" Martin said. \"One thing I am confident in is that the competitive landscape in the US will look very different if THC is de-scheduled because of social justice and economic reforms, which we believe will ultimately drive it.”Aurora is already well-positioned in the U.S., Martin noted, with its CBD brand Reliva, which has put it “in a strong place to look ahead at the U.S. market as it undergoes market and regulatory changes.”Aurora is also internationally oriented, believing that the industry has an enormous growth potential on a global level.“We will pursue growth in a measured and sustainable way, leveraging Aurora’s medical cannabis credentials and international footprint to unlock new opportunities and meet consumer demand as it arises,” Martin concluded.Aurora's shares were trading 5.36% higher at $8.06 per share at the time of writing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":311,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":138468542,"gmtCreate":1621954654786,"gmtModify":1704365134381,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/138468542","repostId":"1110261806","repostType":4,"repost":{"id":"1110261806","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621950621,"share":"https://ttm.financial/m/news/1110261806?lang=&edition=fundamental","pubTime":"2021-05-25 21:50","market":"us","language":"en","title":"Tesla shares rose nearly 1%,after setting up China site to store data locally","url":"https://stock-news.laohu8.com/highlight/detail?id=1110261806","media":"Tiger Newspress","summary":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said o","content":"<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</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>Tesla shares rose nearly 1%,after setting up China site to store data locally</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\">\nTesla shares rose nearly 1%,after setting up China site to store data locally\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 21:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Today&nbsp;Tesla&nbsp;shares rose&nbsp;nearly 1%,after&nbsp;setting up China site to store data locally.</p><p><img src=\"https://static.tigerbbs.com/2de557c9be554d7bcaa7c01e96411100\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\">Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.</p><p>Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.</p><p>China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.</p><p>Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1110261806","content_text":"Today Tesla shares rose nearly 1%,after setting up China site to store data locally.Tesla Inc said on Tuesday it had established a site in China to store car data locally, as automakers come under growing scrutiny over how they handle information collected by vehicle cameras and sensors.Tesla said in a Weibo post that data generated by all cars it sells in China, where it is making Model 3 sedans and Model Y sport-utility vehicles, would be stored in the country.China, the world's biggest car market and the second largest for Tesla, is drafting rules to ensure the security of data generated by connected vehicles as their growing popularity fuels concerns about privacy and national security.Staff at some Chinese government offices have been told not to park their Tesla cars inside government compounds due to security concerns over vehicle cameras, two people with knowledge of the matter told Reuters last week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136243611,"gmtCreate":1622023486133,"gmtModify":1704366263777,"author":{"id":"3585047407660818","authorId":"3585047407660818","name":"Kellyle","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585047407660818","authorIdStr":"3585047407660818"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136243611","repostId":"2138311976","repostType":4,"repost":{"id":"2138311976","kind":"highlight","pubTimestamp":1622023020,"share":"https://ttm.financial/m/news/2138311976?lang=&edition=fundamental","pubTime":"2021-05-26 17:57","market":"us","language":"en","title":"3 Stocks to Buy If You've Got the Bitcoin Blues","url":"https://stock-news.laohu8.com/highlight/detail?id=2138311976","media":"Motley Fool","summary":"Two of them even have connections to the popular cryptocurrency.","content":"<p>It's been a rough month or so for <b>Bitcoin</b> (CRYPTO:BTC). After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.</p><p>The decline was even worse until <b>Tesla</b> CEO Elon Musk tweeted on Monday that he had spoken with U.S.-based Bitcoin miners who committed to publishing their current and planned renewable energy usage. Musk is viewed as having helped trigger the cryptocurrency's plunge in May after he tweeted that Tesla was suspending all purchases of its vehicles using Bitcoin because of the high energy requirements for its mining and transactions -- electricity that is largely generated by the burning of fossil fuels.</p><p>These gyrations have undoubtedly frustrated many fans of the cryptocurrency. What should they do? One option is to invest elsewhere.&nbsp;Here are three stocks to buy if you've got the Bitcoin blues.</p><h2>Square</h2><p><b>Square</b> (NYSE:SQ) stands out as a company that directly benefits from Bitcoin, but it has a clear pathway to growth regardless of what happens with the cryptocurrency. The company's Cash App supports buying and selling Bitcoin, a feature that added more than $3.5 billion in revenues for Square in the first quarter. However, Square's profits weren't boosted nearly as much by its Bitcoin-related business because the company's profit margins from cryptocurrency transactions are quite thin.</p><p>There are plenty of reasons other than its Bitcoin support to consider investing in Square. For example, the company continues to expand its seller ecosystem. It started out focusing primarily on credit card processing, but has built out its platform with a range of products and services that make it sticky for merchants.</p><p>Square's expansion efforts were highlighted earlier this week in a Bloomberg article that reported the company plans to introduce business checking and savings accounts. This would be another step into traditional banking services -- a big market opportunity for the company.</p><p>Cash App, though, remains Square's biggest growth driver. Use of the Cash Card debit card linked to the app has skyrocketed. Square is also finding ways to integrate its Cash App and seller ecosystems.</p><p>Digital payments are destined to grow regardless of what happens with Bitcoin, and Square is <a href=\"https://laohu8.com/S/AONE\">one</a> of the companies that's best-positioned to profit from this trend.</p><h2>NVIDIA</h2><p>Back in the gold rush days, it was often said that those who sold picks and shovels made more money than the gold miners did. In today's world of Bitcoin mining, <b>NVIDIA</b> (NASDAQ:NVDA) ranks as a top provider of \"picks and shovels.\" Its graphics processing units (GPUs) are among the best on the market for powering Bitcoin mining rigs.</p><p>NVIDIA can't track exactly how many of its GPUs are being used for crypto mining. However, analysts estimated that between $100 million and $300 million worth of them were purchased for that purpose in its fiscal 2021 fourth quarter (which ended Jan. 31) -- accounting for between 2% and 6% of the company's total revenue.</p><p>Most of NVIDIA's GPUs are used in gaming and in data centers, and those markets are providing most of its revenue growth. That momentum seems likely to continue as the popularity of gaming keeps increasing, and the use of artificial intelligence in more apps is driving demand for powerful servers higher.</p><p>NVIDIA's share price is about to decline sharply -- but for a good reason. The company plans to conduct a four-for-<a href=\"https://laohu8.com/S/AONE.U\">one</a> stock split in July. This move will give it a share price that's more accessible to retail investors, and just might provide a catalyst to a stock that has already delivered a solid year-to-date gain.</p><h2>DermTech</h2><p><b>DermTech</b> (NASDAQ:DMTK) has absolutely nothing to do with any cryptocurrency. So why should investors with the Bitcoin blues take a look at this specific healthcare stock? Well, DermTech is currently trading even further off of its peak than Bitcoin is. The stock also has a crystal-clear growth opportunity, while Bitcoin's growth prospects are a lot murkier.</p><p>DermTech focuses on skin genomics. The company's Pigmented Lesion Assay (PLA) product is used to diagnose melanoma. For its test, an adhesive patch is placed on the patient's skin, then removed and sent to DermTech's lab, where genomic testing is performed on the skin cells attached to it to determine if melanoma is present.</p><p>You'd probably expect that this approach would be more appealing to patients than being cut by a dermatologist to obtain a biopsy. It's also more accurate and cheaper. PLA is 17 times less likely to miss a melanoma diagnosis than the standard surgical biopsy approach. And it's roughly 24% less expensive per lesion tested.</p><p>DermTech is still only in its early stages of growth. However, the company has secured reimbursement deals from several major payers, notably including Medicare. It's also developing genomics tests that target other types of skin cancer. For investors looking for a big rebound opportunity, DermTech could be an even better bet than Bitcoin.</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>3 Stocks to Buy If You've Got the Bitcoin Blues</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Buy If You've Got the Bitcoin Blues\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 17:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/26/3-stocks-to-buy-if-youve-got-the-bitcoin-blues/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's been a rough month or so for Bitcoin (CRYPTO:BTC). After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.The decline was even worse until ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/26/3-stocks-to-buy-if-youve-got-the-bitcoin-blues/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达","SQ":"Block"},"source_url":"https://www.fool.com/investing/2021/05/26/3-stocks-to-buy-if-youve-got-the-bitcoin-blues/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138311976","content_text":"It's been a rough month or so for Bitcoin (CRYPTO:BTC). After skyrocketing to an all-time high in mid-April, the popular cryptocurrency is now down by close to 40%.The decline was even worse until Tesla CEO Elon Musk tweeted on Monday that he had spoken with U.S.-based Bitcoin miners who committed to publishing their current and planned renewable energy usage. Musk is viewed as having helped trigger the cryptocurrency's plunge in May after he tweeted that Tesla was suspending all purchases of its vehicles using Bitcoin because of the high energy requirements for its mining and transactions -- electricity that is largely generated by the burning of fossil fuels.These gyrations have undoubtedly frustrated many fans of the cryptocurrency. What should they do? One option is to invest elsewhere. Here are three stocks to buy if you've got the Bitcoin blues.SquareSquare (NYSE:SQ) stands out as a company that directly benefits from Bitcoin, but it has a clear pathway to growth regardless of what happens with the cryptocurrency. The company's Cash App supports buying and selling Bitcoin, a feature that added more than $3.5 billion in revenues for Square in the first quarter. However, Square's profits weren't boosted nearly as much by its Bitcoin-related business because the company's profit margins from cryptocurrency transactions are quite thin.There are plenty of reasons other than its Bitcoin support to consider investing in Square. For example, the company continues to expand its seller ecosystem. It started out focusing primarily on credit card processing, but has built out its platform with a range of products and services that make it sticky for merchants.Square's expansion efforts were highlighted earlier this week in a Bloomberg article that reported the company plans to introduce business checking and savings accounts. This would be another step into traditional banking services -- a big market opportunity for the company.Cash App, though, remains Square's biggest growth driver. Use of the Cash Card debit card linked to the app has skyrocketed. Square is also finding ways to integrate its Cash App and seller ecosystems.Digital payments are destined to grow regardless of what happens with Bitcoin, and Square is one of the companies that's best-positioned to profit from this trend.NVIDIABack in the gold rush days, it was often said that those who sold picks and shovels made more money than the gold miners did. In today's world of Bitcoin mining, NVIDIA (NASDAQ:NVDA) ranks as a top provider of \"picks and shovels.\" Its graphics processing units (GPUs) are among the best on the market for powering Bitcoin mining rigs.NVIDIA can't track exactly how many of its GPUs are being used for crypto mining. However, analysts estimated that between $100 million and $300 million worth of them were purchased for that purpose in its fiscal 2021 fourth quarter (which ended Jan. 31) -- accounting for between 2% and 6% of the company's total revenue.Most of NVIDIA's GPUs are used in gaming and in data centers, and those markets are providing most of its revenue growth. That momentum seems likely to continue as the popularity of gaming keeps increasing, and the use of artificial intelligence in more apps is driving demand for powerful servers higher.NVIDIA's share price is about to decline sharply -- but for a good reason. The company plans to conduct a four-for-one stock split in July. This move will give it a share price that's more accessible to retail investors, and just might provide a catalyst to a stock that has already delivered a solid year-to-date gain.DermTechDermTech (NASDAQ:DMTK) has absolutely nothing to do with any cryptocurrency. So why should investors with the Bitcoin blues take a look at this specific healthcare stock? Well, DermTech is currently trading even further off of its peak than Bitcoin is. The stock also has a crystal-clear growth opportunity, while Bitcoin's growth prospects are a lot murkier.DermTech focuses on skin genomics. The company's Pigmented Lesion Assay (PLA) product is used to diagnose melanoma. For its test, an adhesive patch is placed on the patient's skin, then removed and sent to DermTech's lab, where genomic testing is performed on the skin cells attached to it to determine if melanoma is present.You'd probably expect that this approach would be more appealing to patients than being cut by a dermatologist to obtain a biopsy. It's also more accurate and cheaper. PLA is 17 times less likely to miss a melanoma diagnosis than the standard surgical biopsy approach. And it's roughly 24% less expensive per lesion tested.DermTech is still only in its early stages of growth. However, the company has secured reimbursement deals from several major payers, notably including Medicare. It's also developing genomics tests that target other types of skin cancer. For investors looking for a big rebound opportunity, DermTech could be an even better bet than Bitcoin.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}