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2021-07-03

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Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors

2021-06-30

J

UPDATE 1-Musk ready to invest as much as $30 billion in Starlink

2021-07-02

Good

When AAPL Traded Like A Meme Stock

2021-07-02

Hmmmmm

GRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices

2021-06-17

I think this is the news we should avoid !

1 Stock to Avoid No Matter What

Go to Tiger App to see more news

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Robinhood IPO filing reveals dogecoin as one of its biggest risk factors","url":"https://stock-news.laohu8.com/highlight/detail?id=2148780738","media":"Dow Jones","summary":"MW Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors\n\n\n  By M","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Dogecoin whale? Robinhood IPO filing reveals dogecoin as <a href=\"https://laohu8.com/S/AONE\">one</a> of its biggest risk factors\n</p>\n<p>\n  By Mark DeCambre \n</p>\n<p>\n  Robinhood says 'our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorates or if the price of Dogecoin declines.' \n</p>\n<p>\n  Robinhood Markets has officially filed for an initial public offering for the trading app that will be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the more hotly anticipated of the coming months, but one of the most intriguing elements of the its public documents, made public on Thursday, was its dependence on dogecoin. \n</p>\n<p>\n  Trading in the meme asset dogecoin  was specifically revealed as a \"risk factor\" for prospective investors in Robinhood's regulatory filing , ahead of its planned listing on the Nasdaq, under the ticker \"HOOD.\" \n</p>\n<p>\n  Crypto is a comparatively new business for Robinhood but one that has grown substantially in popularity, filings reveal. The trading platform, which bills itself as democratizing investing, stated that 17% of its revenues in the first three months of 2021 ended March 31, were derived from cryptocurrency transactions, up from 4% in the fourth quarter of 2020. \n</p>\n<p>\n  Dogecoin has become one of the buzziest assets in the digital-asset sector after it soared more than 5,000% on the <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> mentions of prominent personalities, including Tesla Inc.<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk. \n</p>\n<p>\n  The rally in doge, driven by social-media mentions and an avid base of users, has propelled it to the No. 6 largest crypto in the world, according to CoinMarketCap.com. \n</p>\n<p>\n  But the meme asset was created as a lighthearted alternative to bitcoin back in 2013 and its staying power as bona fide crypto isn't assured. To be sure, no crypto's existence over a long period is assured. \n</p>\n<p>\n  But billions of dollars are behind bitcoin, the world's largest crypto by value, and the No. 2 asset Ether  on the Ethereum blockchain. \n</p>\n<p>\n  Bitcoin boasts a market value of $629 billion, Ether's total value is $247 billion, while dogecoin is tiny by comparison at $32 billion. \n</p>\n<p>\n  Hugh Tallents, a senior partner at boutique business consulting firm cg42 said that it should be concerning to investors that Robinhood is deeply entrenched in a meme asset. \n</p>\n<p>\n  \"With dogecoin and some of the other outlandish [memes], it is just a videogame that will end up with a lof of people that will get financially hurt and Robinhood will be at the crosshairs of enabling that,\" Tallents told MarketWatch. \n</p>\n<p>\n  The revelation of Robinhood's dependence on dogecoin and crypto also raises another curiosity in crypto circles that has become a bit of parlor game. \n</p>\n<p>\n  Back in February, digital-asset enthusiasts became briefly obsessed with speculation linking Robinhood to a dogecoin wallet address that was valued at around $2.1 billion. \n</p>\n<p>\n  The Wall Street Journal in February  reported that it had identified records that showed that a person, or entity, owned about 28% of all of dogecoin in circulation--a stake worth about $2.1 billion at the time. \n</p>\n<p>\n  That stake is presently worth more than $10.5 billion at dogecoin's current value of around 25 cents per coin, according to CoinDesk data , translating to roughly 42 billion doge, assuming the address didn't accumulate or sell any coins since February. \n</p>\n<p>\n   Vlad Tenev, CEO of Robinhood Market in the past has said that  \"any coins that [the company holds] are for the purposes of sort of providing access in holdings for our customers. We don't have significant positions in any of the coins that we keep on a proprietary basis or anything like that.\" \n</p>\n<p>\n  Robinhood's IPO paperwork indicates that its business would be adversely affected, and growth in \"our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorate or if the price of Dogecoin declines,\" including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms. \n</p>\n<p>\n  Rival trading platform Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, a pure-play crypto platform, began offering Dogecoin on its platform recently, citing the impact of rivals eroding its market share. \n</p>\n<p>\n  Dogecoin's year-to-date gains are stellar but it is down 66% from its early May peak at 74.07 cents. \n</p>\n<p>\n  A request for comment from Robinhood wasn't immediately returned. \n</p>\n<p>\n  Meanwhile, traditional markets are climbing, with the Dow Jones Industrial Average , the S&amp;P 500 index  and the technology-laden Nasdaq Composite Index trading at or near all-time highs. \n</p>\n<p>\n  But Robinhood's filing suggests that the online brokerage has hitched its wagon closer to the growth of crypto and in particular a meme segment of the inherently volatile asset. \n</p>\n<p>\n  Robinhood's filing shows that it generated $522 million of revenue in the first quarter, mostly from trading activity, more than quadruple its level from the first quarter of 2020. However, it reported a first-quarter loss of $1.4 billion, which is tied to its GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> trading volatility earlier in the year. \n</p>\n<p>\n  The company has set aside some 35% of its issuance to individual investors, if they invest via the Robinhood app. \n</p>\n<p>\n  -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 03, 2021 10:10 ET (14:10 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors</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\">\nDogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors\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\">2021-07-03 22:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Dogecoin whale? Robinhood IPO filing reveals dogecoin as <a href=\"https://laohu8.com/S/AONE\">one</a> of its biggest risk factors\n</p>\n<p>\n  By Mark DeCambre \n</p>\n<p>\n  Robinhood says 'our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorates or if the price of Dogecoin declines.' \n</p>\n<p>\n  Robinhood Markets has officially filed for an initial public offering for the trading app that will be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the more hotly anticipated of the coming months, but one of the most intriguing elements of the its public documents, made public on Thursday, was its dependence on dogecoin. \n</p>\n<p>\n  Trading in the meme asset dogecoin  was specifically revealed as a \"risk factor\" for prospective investors in Robinhood's regulatory filing , ahead of its planned listing on the Nasdaq, under the ticker \"HOOD.\" \n</p>\n<p>\n  Crypto is a comparatively new business for Robinhood but one that has grown substantially in popularity, filings reveal. The trading platform, which bills itself as democratizing investing, stated that 17% of its revenues in the first three months of 2021 ended March 31, were derived from cryptocurrency transactions, up from 4% in the fourth quarter of 2020. \n</p>\n<p>\n  Dogecoin has become one of the buzziest assets in the digital-asset sector after it soared more than 5,000% on the <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> mentions of prominent personalities, including Tesla Inc.<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk. \n</p>\n<p>\n  The rally in doge, driven by social-media mentions and an avid base of users, has propelled it to the No. 6 largest crypto in the world, according to CoinMarketCap.com. \n</p>\n<p>\n  But the meme asset was created as a lighthearted alternative to bitcoin back in 2013 and its staying power as bona fide crypto isn't assured. To be sure, no crypto's existence over a long period is assured. \n</p>\n<p>\n  But billions of dollars are behind bitcoin, the world's largest crypto by value, and the No. 2 asset Ether  on the Ethereum blockchain. \n</p>\n<p>\n  Bitcoin boasts a market value of $629 billion, Ether's total value is $247 billion, while dogecoin is tiny by comparison at $32 billion. \n</p>\n<p>\n  Hugh Tallents, a senior partner at boutique business consulting firm cg42 said that it should be concerning to investors that Robinhood is deeply entrenched in a meme asset. \n</p>\n<p>\n  \"With dogecoin and some of the other outlandish [memes], it is just a videogame that will end up with a lof of people that will get financially hurt and Robinhood will be at the crosshairs of enabling that,\" Tallents told MarketWatch. \n</p>\n<p>\n  The revelation of Robinhood's dependence on dogecoin and crypto also raises another curiosity in crypto circles that has become a bit of parlor game. \n</p>\n<p>\n  Back in February, digital-asset enthusiasts became briefly obsessed with speculation linking Robinhood to a dogecoin wallet address that was valued at around $2.1 billion. \n</p>\n<p>\n  The Wall Street Journal in February  reported that it had identified records that showed that a person, or entity, owned about 28% of all of dogecoin in circulation--a stake worth about $2.1 billion at the time. \n</p>\n<p>\n  That stake is presently worth more than $10.5 billion at dogecoin's current value of around 25 cents per coin, according to CoinDesk data , translating to roughly 42 billion doge, assuming the address didn't accumulate or sell any coins since February. \n</p>\n<p>\n   Vlad Tenev, CEO of Robinhood Market in the past has said that  \"any coins that [the company holds] are for the purposes of sort of providing access in holdings for our customers. We don't have significant positions in any of the coins that we keep on a proprietary basis or anything like that.\" \n</p>\n<p>\n  Robinhood's IPO paperwork indicates that its business would be adversely affected, and growth in \"our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorate or if the price of Dogecoin declines,\" including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms. \n</p>\n<p>\n  Rival trading platform Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, a pure-play crypto platform, began offering Dogecoin on its platform recently, citing the impact of rivals eroding its market share. \n</p>\n<p>\n  Dogecoin's year-to-date gains are stellar but it is down 66% from its early May peak at 74.07 cents. \n</p>\n<p>\n  A request for comment from Robinhood wasn't immediately returned. \n</p>\n<p>\n  Meanwhile, traditional markets are climbing, with the Dow Jones Industrial Average , the S&amp;P 500 index  and the technology-laden Nasdaq Composite Index trading at or near all-time highs. \n</p>\n<p>\n  But Robinhood's filing suggests that the online brokerage has hitched its wagon closer to the growth of crypto and in particular a meme segment of the inherently volatile asset. \n</p>\n<p>\n  Robinhood's filing shows that it generated $522 million of revenue in the first quarter, mostly from trading activity, more than quadruple its level from the first quarter of 2020. However, it reported a first-quarter loss of $1.4 billion, which is tied to its GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> trading volatility earlier in the year. \n</p>\n<p>\n  The company has set aside some 35% of its issuance to individual investors, if they invest via the Robinhood app. \n</p>\n<p>\n  -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 03, 2021 10:10 ET (14:10 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","GME":"游戏驿站"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148780738","content_text":"MW Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors\n\n\n  By Mark DeCambre \n\n\n  Robinhood says 'our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorates or if the price of Dogecoin declines.' \n\n\n  Robinhood Markets has officially filed for an initial public offering for the trading app that will be one of the more hotly anticipated of the coming months, but one of the most intriguing elements of the its public documents, made public on Thursday, was its dependence on dogecoin. \n\n\n  Trading in the meme asset dogecoin  was specifically revealed as a \"risk factor\" for prospective investors in Robinhood's regulatory filing , ahead of its planned listing on the Nasdaq, under the ticker \"HOOD.\" \n\n\n  Crypto is a comparatively new business for Robinhood but one that has grown substantially in popularity, filings reveal. The trading platform, which bills itself as democratizing investing, stated that 17% of its revenues in the first three months of 2021 ended March 31, were derived from cryptocurrency transactions, up from 4% in the fourth quarter of 2020. \n\n\n  Dogecoin has become one of the buzziest assets in the digital-asset sector after it soared more than 5,000% on the Twitter mentions of prominent personalities, including Tesla Inc.$(TSLA)$ CEO Elon Musk. \n\n\n  The rally in doge, driven by social-media mentions and an avid base of users, has propelled it to the No. 6 largest crypto in the world, according to CoinMarketCap.com. \n\n\n  But the meme asset was created as a lighthearted alternative to bitcoin back in 2013 and its staying power as bona fide crypto isn't assured. To be sure, no crypto's existence over a long period is assured. \n\n\n  But billions of dollars are behind bitcoin, the world's largest crypto by value, and the No. 2 asset Ether  on the Ethereum blockchain. \n\n\n  Bitcoin boasts a market value of $629 billion, Ether's total value is $247 billion, while dogecoin is tiny by comparison at $32 billion. \n\n\n  Hugh Tallents, a senior partner at boutique business consulting firm cg42 said that it should be concerning to investors that Robinhood is deeply entrenched in a meme asset. \n\n\n  \"With dogecoin and some of the other outlandish [memes], it is just a videogame that will end up with a lof of people that will get financially hurt and Robinhood will be at the crosshairs of enabling that,\" Tallents told MarketWatch. \n\n\n  The revelation of Robinhood's dependence on dogecoin and crypto also raises another curiosity in crypto circles that has become a bit of parlor game. \n\n\n  Back in February, digital-asset enthusiasts became briefly obsessed with speculation linking Robinhood to a dogecoin wallet address that was valued at around $2.1 billion. \n\n\n  The Wall Street Journal in February  reported that it had identified records that showed that a person, or entity, owned about 28% of all of dogecoin in circulation--a stake worth about $2.1 billion at the time. \n\n\n  That stake is presently worth more than $10.5 billion at dogecoin's current value of around 25 cents per coin, according to CoinDesk data , translating to roughly 42 billion doge, assuming the address didn't accumulate or sell any coins since February. \n\n\n   Vlad Tenev, CEO of Robinhood Market in the past has said that  \"any coins that [the company holds] are for the purposes of sort of providing access in holdings for our customers. We don't have significant positions in any of the coins that we keep on a proprietary basis or anything like that.\" \n\n\n  Robinhood's IPO paperwork indicates that its business would be adversely affected, and growth in \"our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorate or if the price of Dogecoin declines,\" including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms. \n\n\n  Rival trading platform Coinbase Global $(COIN)$, a pure-play crypto platform, began offering Dogecoin on its platform recently, citing the impact of rivals eroding its market share. \n\n\n  Dogecoin's year-to-date gains are stellar but it is down 66% from its early May peak at 74.07 cents. \n\n\n  A request for comment from Robinhood wasn't immediately returned. \n\n\n  Meanwhile, traditional markets are climbing, with the Dow Jones Industrial Average , the S&P 500 index  and the technology-laden Nasdaq Composite Index trading at or near all-time highs. \n\n\n  But Robinhood's filing suggests that the online brokerage has hitched its wagon closer to the growth of crypto and in particular a meme segment of the inherently volatile asset. \n\n\n  Robinhood's filing shows that it generated $522 million of revenue in the first quarter, mostly from trading activity, more than quadruple its level from the first quarter of 2020. However, it reported a first-quarter loss of $1.4 billion, which is tied to its GameStop Corp. $(GME)$ trading volatility earlier in the year. \n\n\n  The company has set aside some 35% of its issuance to individual investors, if they invest via the Robinhood app. \n\n\n  -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 03, 2021 10:10 ET (14:10 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156163277,"gmtCreate":1625202971499,"gmtModify":1703738295672,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"Hmmmmm","listText":"Hmmmmm","text":"Hmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156163277","repostId":"2148875949","repostType":2,"repost":{"id":"2148875949","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625202000,"share":"https://ttm.financial/m/news/2148875949?lang=&edition=fundamental","pubTime":"2021-07-02 13:00","market":"fut","language":"en","title":"GRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2148875949","media":"Reuters","summary":"By Saqib Iqbal Ahmed   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus","content":"<html><body><p>By Saqib Iqbal Ahmed</p><p>   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as U.S. stocks hover near record highs. </p><p>   The Delta variant is now present in over 90 countries and has become the most prevalent variant among new COVID-19 cases in the United States, according to California-based genomics company Helix.     </p><p>   So far, however, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recent months.</p><p>   Here are some assets where concerns over the Delta variant may be moving the needle.</p><p>   TRAVEL AND LEISURE STOCKS</p><p>   Southwest Airlines   , American Airlines   , Delta</p><p>  and Carnival Corp    made the list of the 25 worst performing stocks over the last 1 month, a Reuters analysis showed. The Dow Jones U.S. Travel &amp; Leisure Index    fell 3.35% in June, compared with a 2.2% gain for the S&amp;P 500 Index</p><p> .</p><p>   Oil prices, which were hammered in the wake of the pandemic, rose about 10% in June, however.</p><p>  CURRENCIES</p><p>  Worries over the Delta variant are weighing on the currencies of countries where it is spreading quickly, including the Australian dollar and British pound. </p><p>   The moves have contributed to a rally in the U.S. dollar that was sparked by the Federal Reserve’s hawkish shift and saw the U.S. currency gain 2.7% against a basket of peers in June.</p><p>   \"Early on I think the risks of the Delta variant were most apparent in British pound,\" said John Doyle, vice president of dealing and trading at FX payments firm Tempus Inc.</p><p>   \"Now I think it is most apparent in the Oceanic currencies that are generally tied to Asian risk sentiment.\"</p><p>   TREASURIES</p><p>   Some investors have piled into Treasuries in recent weeks, fueled by expectations that U.S. growth may be peaking and the Fed will be less tolerant of rising consumer prices. Some investors believe fresh uncertainty over Covid-19 may be accelerating the move in yields on U.S. government bonds, which are among the world’s most popular haven assets.</p><p>   \"The fear that incremental lockdowns could reappear has recently been a factor\" in Treasury positioning, wrote Arnim Holzer, strategist with EAB Investment Group, in a note on Wednesday. </p><p>   \"Multi-asset and safety seeking does look to be gaining a bit of interest with U.S. Treasury and dollar strength,\" Holzer said.</p><p>   GROWTH VS VALUE</p><p>   So-called value stocks - companies that trade at low multiples to book value and tend to be more sensitive to economic cycles - ripped higher earlier this year on expectations of an economic rebound but have stumbled lately. </p><p>   Meanwhile, shares of growth names, including stay-at-home bets like Amazon.com   , Netflix   , and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications    and ETSY Inc   , have risen.</p><p>   JP Morgan's Marko Kolanovic believes the shift resembles <a href=\"https://laohu8.com/S/AONE\">one</a> that took place in February, when investors briefly grew defensive on worries over the Alpha variant, only to sell bonds and pile back into value stocks when the threat had passed.</p><p>   \"We expect this to repeat now as investors assess the so-called Delta variant,\" Kolanovic said.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ GRAPHIC: U.S. travel and leisure stocks dip     GRAPHIC: FX performance     GRAPHIC: Paring gains     GRAPHIC: Growth narrows gap with value    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Saqib Iqbal Ahmed; Editing by Ira Iosebashvili and Stephen Coates)</p><p>((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 646 223 6054; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))</p></body></html>","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>GRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices</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\">\nGRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-02 13:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Saqib Iqbal Ahmed</p><p>   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as U.S. stocks hover near record highs. </p><p>   The Delta variant is now present in over 90 countries and has become the most prevalent variant among new COVID-19 cases in the United States, according to California-based genomics company Helix.     </p><p>   So far, however, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recent months.</p><p>   Here are some assets where concerns over the Delta variant may be moving the needle.</p><p>   TRAVEL AND LEISURE STOCKS</p><p>   Southwest Airlines   , American Airlines   , Delta</p><p>  and Carnival Corp    made the list of the 25 worst performing stocks over the last 1 month, a Reuters analysis showed. The Dow Jones U.S. Travel &amp; Leisure Index    fell 3.35% in June, compared with a 2.2% gain for the S&amp;P 500 Index</p><p> .</p><p>   Oil prices, which were hammered in the wake of the pandemic, rose about 10% in June, however.</p><p>  CURRENCIES</p><p>  Worries over the Delta variant are weighing on the currencies of countries where it is spreading quickly, including the Australian dollar and British pound. </p><p>   The moves have contributed to a rally in the U.S. dollar that was sparked by the Federal Reserve’s hawkish shift and saw the U.S. currency gain 2.7% against a basket of peers in June.</p><p>   \"Early on I think the risks of the Delta variant were most apparent in British pound,\" said John Doyle, vice president of dealing and trading at FX payments firm Tempus Inc.</p><p>   \"Now I think it is most apparent in the Oceanic currencies that are generally tied to Asian risk sentiment.\"</p><p>   TREASURIES</p><p>   Some investors have piled into Treasuries in recent weeks, fueled by expectations that U.S. growth may be peaking and the Fed will be less tolerant of rising consumer prices. Some investors believe fresh uncertainty over Covid-19 may be accelerating the move in yields on U.S. government bonds, which are among the world’s most popular haven assets.</p><p>   \"The fear that incremental lockdowns could reappear has recently been a factor\" in Treasury positioning, wrote Arnim Holzer, strategist with EAB Investment Group, in a note on Wednesday. </p><p>   \"Multi-asset and safety seeking does look to be gaining a bit of interest with U.S. Treasury and dollar strength,\" Holzer said.</p><p>   GROWTH VS VALUE</p><p>   So-called value stocks - companies that trade at low multiples to book value and tend to be more sensitive to economic cycles - ripped higher earlier this year on expectations of an economic rebound but have stumbled lately. </p><p>   Meanwhile, shares of growth names, including stay-at-home bets like Amazon.com   , Netflix   , and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications    and ETSY Inc   , have risen.</p><p>   JP Morgan's Marko Kolanovic believes the shift resembles <a href=\"https://laohu8.com/S/AONE\">one</a> that took place in February, when investors briefly grew defensive on worries over the Alpha variant, only to sell bonds and pile back into value stocks when the threat had passed.</p><p>   \"We expect this to repeat now as investors assess the so-called Delta variant,\" Kolanovic said.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ GRAPHIC: U.S. travel and leisure stocks dip     GRAPHIC: FX performance     GRAPHIC: Paring gains     GRAPHIC: Growth narrows gap with value    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Saqib Iqbal Ahmed; Editing by Ira Iosebashvili and Stephen Coates)</p><p>((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 646 223 6054; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","09086":"华夏纳指-U","NFLX":"奈飞","QID":"纳指两倍做空ETF","03086":"华夏纳指","ETSY":"Etsy, Inc.","CCL":"嘉年华邮轮","SQQQ":"纳指三倍做空ETF","FXA":"澳元ETF-CurrencyShares","FXB":"英镑ETF-CurrencyShares","QLD":"纳指两倍做多ETF","AAL":"美国航空",".IXIC":"NASDAQ Composite","ZM":"Zoom","TQQQ":"纳指三倍做多ETF",".SPX":"S&P 500 Index","LUV":"西南航空","AMZN":"亚马逊","PSQ":"纳指反向ETF","QNETCN":"纳斯达克中美互联网老虎指数","QQQ":"纳指100ETF"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148875949","content_text":"By Saqib Iqbal Ahmed   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as U.S. stocks hover near record highs.    The Delta variant is now present in over 90 countries and has become the most prevalent variant among new COVID-19 cases in the United States, according to California-based genomics company Helix.        So far, however, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recent months.   Here are some assets where concerns over the Delta variant may be moving the needle.   TRAVEL AND LEISURE STOCKS   Southwest Airlines   , American Airlines   , Delta  and Carnival Corp    made the list of the 25 worst performing stocks over the last 1 month, a Reuters analysis showed. The Dow Jones U.S. Travel & Leisure Index    fell 3.35% in June, compared with a 2.2% gain for the S&P 500 Index .   Oil prices, which were hammered in the wake of the pandemic, rose about 10% in June, however.  CURRENCIES  Worries over the Delta variant are weighing on the currencies of countries where it is spreading quickly, including the Australian dollar and British pound.    The moves have contributed to a rally in the U.S. dollar that was sparked by the Federal Reserve’s hawkish shift and saw the U.S. currency gain 2.7% against a basket of peers in June.   \"Early on I think the risks of the Delta variant were most apparent in British pound,\" said John Doyle, vice president of dealing and trading at FX payments firm Tempus Inc.   \"Now I think it is most apparent in the Oceanic currencies that are generally tied to Asian risk sentiment.\"   TREASURIES   Some investors have piled into Treasuries in recent weeks, fueled by expectations that U.S. growth may be peaking and the Fed will be less tolerant of rising consumer prices. Some investors believe fresh uncertainty over Covid-19 may be accelerating the move in yields on U.S. government bonds, which are among the world’s most popular haven assets.   \"The fear that incremental lockdowns could reappear has recently been a factor\" in Treasury positioning, wrote Arnim Holzer, strategist with EAB Investment Group, in a note on Wednesday.    \"Multi-asset and safety seeking does look to be gaining a bit of interest with U.S. Treasury and dollar strength,\" Holzer said.   GROWTH VS VALUE   So-called value stocks - companies that trade at low multiples to book value and tend to be more sensitive to economic cycles - ripped higher earlier this year on expectations of an economic rebound but have stumbled lately.    Meanwhile, shares of growth names, including stay-at-home bets like Amazon.com   , Netflix   , and Zoom Video Communications    and ETSY Inc   , have risen.   JP Morgan's Marko Kolanovic believes the shift resembles one that took place in February, when investors briefly grew defensive on worries over the Alpha variant, only to sell bonds and pile back into value stocks when the threat had passed.   \"We expect this to repeat now as investors assess the so-called Delta variant,\" Kolanovic said.    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ GRAPHIC: U.S. travel and leisure stocks dip     GRAPHIC: FX performance     GRAPHIC: Paring gains     GRAPHIC: Growth narrows gap with value       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Reporting by Saqib Iqbal Ahmed; Editing by Ira Iosebashvili and Stephen Coates)((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 646 223 6054; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156169508,"gmtCreate":1625202897604,"gmtModify":1703738293702,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156169508","repostId":"1104728487","repostType":2,"repost":{"id":"1104728487","pubTimestamp":1625189058,"share":"https://ttm.financial/m/news/1104728487?lang=&edition=fundamental","pubTime":"2021-07-02 09:24","market":"us","language":"en","title":"When AAPL Traded Like A Meme Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1104728487","media":"thestreet","summary":"Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL b","content":"<p>Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL behaved like one in the third quarter of 2020. Here is what happened.</p>\n<p>Apple&nbsp;(<b>AAPL</b>)&nbsp;is nothing likea meme stock. The sheer size of the company, trading volume, institutional ownership and multi trillion-dollar market cap make it nearly impossible for a relatively small number of retail traders to sway the stock price in any meaningful way. But there are often exceptions to the rule.</p>\n<p>Today, the Apple Maven goes back to third calendar quarter of 2020 and revisits the few weeks when Apple stock traded like meme: up sharply and quickly, on heavy volume and arguably decoupled from business or macroeconomic fundamentals, followed by a sudden drop from the peak.</p>\n<p>AAPL stock: to the moon!</p>\n<p>Apple’s fiscal third quarter, reported in late July 2020, was quite impressive given the COVID-19 disruptions. The company managed to post revenue growth of nearly 11% and EPS of $2.58 that topped consensus by around 50 cents.</p>\n<p>But, despite the strong performance, it is still not easy to justify what happened to Apple stock in the month or so that followed the earnings release. Between July 31 and September 1, AAPL climbed a staggering 40%, the most in such a short period of time in the past ten years at least.</p>\n<p>Not even the recovery from the bottom of the COVID-19 bear was so fast and so furious. See chart below: a histogram of the one-month returns in Apple stock on any given day over the past decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4cd9696f95e583da810bdc74facce25\" tg-width=\"1200\" tg-height=\"650\" referrerpolicy=\"no-referrer\"><span>Figure 2: Distribution of one-month returns in AAPL, past decade.DM Martins Research</span></p>\n<p>The roots of the meme attack</p>\n<p>In my view, there is one key factor that explains the bullish reaction of August 2020. Along with financial results, Apple also announced its first stock split since 2014. One share of AAPL would become four on Monday, August 31. CEO Tim Cook explained the company’s decision:</p>\n<blockquote>\n “We are announcing a four for one split of Apple common stock to make our stock more accessible to a broader base of investors.”\n</blockquote>\n<p>While accessibility to retail investors is probably the main reason for splitting a stock, the rationale does not work as well in today’s trading environment. Nearly all major brokerage firms allow for fractional ownership, which means an investor can buy or sell less than one share of Apple stock.</p>\n<p>The only way that a stock split matters nowadays, in my view, is by catching the attention of investors who believe that the event unveils “a good deal”: two, or four, or ten shares for the price of one. This was probably the key factor driving AAPL share price to $134 from $106 in less than five weeks.</p>\n<p>The morning-after hangover</p>\n<p>Like any good “meme attack”, AAPL share price spike was followed by a sudden pullback.</p>\n<p>After reaching a peak of $134 in early September, the stock dropped below $107 only 12 trading days later. It entered correction territory, defined as a 10%-plus pullback from the peak, in a record four trading days. In fact, Apple was still priced below September 1 levels as recently as a couple of days ago.</p>\n<p>It is probably not a coincidence that Apple’s sharp fall from the top started to unfold within one or two days of the stock split finally being executed, when the “buzz” finally wore off – the telltale sign of a meme stock-like frenzy running its course.</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>When AAPL Traded Like A Meme Stock</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\">\nWhen AAPL Traded Like A Meme Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/when-aapl-traded-like-a-meme-stock><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL behaved like one in the third quarter of 2020. Here is what happened.\nApple (AAPL) is nothing likea ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/when-aapl-traded-like-a-meme-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/when-aapl-traded-like-a-meme-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104728487","content_text":"Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL behaved like one in the third quarter of 2020. Here is what happened.\nApple (AAPL) is nothing likea meme stock. The sheer size of the company, trading volume, institutional ownership and multi trillion-dollar market cap make it nearly impossible for a relatively small number of retail traders to sway the stock price in any meaningful way. But there are often exceptions to the rule.\nToday, the Apple Maven goes back to third calendar quarter of 2020 and revisits the few weeks when Apple stock traded like meme: up sharply and quickly, on heavy volume and arguably decoupled from business or macroeconomic fundamentals, followed by a sudden drop from the peak.\nAAPL stock: to the moon!\nApple’s fiscal third quarter, reported in late July 2020, was quite impressive given the COVID-19 disruptions. The company managed to post revenue growth of nearly 11% and EPS of $2.58 that topped consensus by around 50 cents.\nBut, despite the strong performance, it is still not easy to justify what happened to Apple stock in the month or so that followed the earnings release. Between July 31 and September 1, AAPL climbed a staggering 40%, the most in such a short period of time in the past ten years at least.\nNot even the recovery from the bottom of the COVID-19 bear was so fast and so furious. See chart below: a histogram of the one-month returns in Apple stock on any given day over the past decade.\nFigure 2: Distribution of one-month returns in AAPL, past decade.DM Martins Research\nThe roots of the meme attack\nIn my view, there is one key factor that explains the bullish reaction of August 2020. Along with financial results, Apple also announced its first stock split since 2014. One share of AAPL would become four on Monday, August 31. CEO Tim Cook explained the company’s decision:\n\n “We are announcing a four for one split of Apple common stock to make our stock more accessible to a broader base of investors.”\n\nWhile accessibility to retail investors is probably the main reason for splitting a stock, the rationale does not work as well in today’s trading environment. Nearly all major brokerage firms allow for fractional ownership, which means an investor can buy or sell less than one share of Apple stock.\nThe only way that a stock split matters nowadays, in my view, is by catching the attention of investors who believe that the event unveils “a good deal”: two, or four, or ten shares for the price of one. This was probably the key factor driving AAPL share price to $134 from $106 in less than five weeks.\nThe morning-after hangover\nLike any good “meme attack”, AAPL share price spike was followed by a sudden pullback.\nAfter reaching a peak of $134 in early September, the stock dropped below $107 only 12 trading days later. It entered correction territory, defined as a 10%-plus pullback from the peak, in a record four trading days. In fact, Apple was still priced below September 1 levels as recently as a couple of days ago.\nIt is probably not a coincidence that Apple’s sharp fall from the top started to unfold within one or two days of the stock split finally being executed, when the “buzz” finally wore off – the telltale sign of a meme stock-like frenzy running its course.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153080347,"gmtCreate":1624985470689,"gmtModify":1703849611598,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"J","listText":"J","text":"J","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153080347","repostId":"2147786472","repostType":2,"repost":{"id":"2147786472","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624983733,"share":"https://ttm.financial/m/news/2147786472?lang=&edition=fundamental","pubTime":"2021-06-30 00:22","market":"us","language":"en","title":"UPDATE 1-Musk ready to invest as much as $30 billion in Starlink","url":"https://stock-news.laohu8.com/highlight/detail?id=2147786472","media":"Reuters","summary":"(Wraps stories, adds context)   By Supantha Mukherjee and Clara-Laeila Laudette   BARCELONA, June 29","content":"<html><body><p>(Wraps stories, adds context)</p><p>   By Supantha Mukherjee and Clara-Laeila Laudette</p><p>   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.</p><p>   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.</p><p>   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.</p><p>   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.</p><p>   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.</p><p>   Skeptics question whether satellite internet can ever develop a viable business model, because the main market it targets is people living in remote areas, who are too few in number to support the vast up-front investment costs.</p><p>   He pushed back against that idea, saying that Starlink could help fill in the gaps in fifth-generation mobile and fibre-optic networks.</p><p>   \"There's a need for connectivity in places that don't have it right now,\" said Musk.</p><p> (Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine Editing by Gareth Jones and Bernadette Baum)</p><p>((douglas.busvine@tr.com; +49 30 220 133 562;))</p></body></html>","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>UPDATE 1-Musk ready to invest as much as $30 billion in Starlink</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\">\nUPDATE 1-Musk ready to invest as much as $30 billion in Starlink\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-30 00:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>(Wraps stories, adds context)</p><p>   By Supantha Mukherjee and Clara-Laeila Laudette</p><p>   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.</p><p>   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.</p><p>   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.</p><p>   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.</p><p>   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.</p><p>   Skeptics question whether satellite internet can ever develop a viable business model, because the main market it targets is people living in remote areas, who are too few in number to support the vast up-front investment costs.</p><p>   He pushed back against that idea, saying that Starlink could help fill in the gaps in fifth-generation mobile and fibre-optic networks.</p><p>   \"There's a need for connectivity in places that don't have it right now,\" said Musk.</p><p> (Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine Editing by Gareth Jones and Bernadette Baum)</p><p>((douglas.busvine@tr.com; +49 30 220 133 562;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147786472","content_text":"(Wraps stories, adds context)   By Supantha Mukherjee and Clara-Laeila Laudette   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.   Skeptics question whether satellite internet can ever develop a viable business model, because the main market it targets is people living in remote areas, who are too few in number to support the vast up-front investment costs.   He pushed back against that idea, saying that Starlink could help fill in the gaps in fifth-generation mobile and fibre-optic networks.   \"There's a need for connectivity in places that don't have it right now,\" said Musk. (Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine Editing by Gareth Jones and Bernadette Baum)((douglas.busvine@tr.com; +49 30 220 133 562;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161294063,"gmtCreate":1623927686752,"gmtModify":1703823688230,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"I think this is the&nbsp;news we should avoid !&nbsp;","listText":"I think this is the&nbsp;news we should avoid !&nbsp;","text":"I think this is the news we should avoid !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161294063","repostId":"2143979397","repostType":4,"repost":{"id":"2143979397","pubTimestamp":1623921600,"share":"https://ttm.financial/m/news/2143979397?lang=&edition=fundamental","pubTime":"2021-06-17 17:20","market":"us","language":"en","title":"1 Stock to Avoid No Matter What","url":"https://stock-news.laohu8.com/highlight/detail?id=2143979397","media":"Motley Fool","summary":"This company faces an uphill climb to turning things around.","content":"<p><b>GameStop</b> (NYSE:GME) has certainly had a wild ride this year. If you owned the stock coming into 2021, it was a lot of fun watching the per-share price go from about $17 to the current $212.</p>\n<p>But you shouldn't get lulled into buying the hype surrounding this meme stock. The run was partly fueled by a Reddit group, which promoted the stock and also created a short squeeze that led the price higher. That makes for great headlines, but there are strong reasons to avoid getting pulled in.</p>\n<h2>Trying to transition</h2>\n<p>GameStop, which sells video game consoles and software, was already experiencing weakening sales heading into 2020. Same-store sales (comps) fell by 19.4% in 2019, following that up with a 9.5% drop last year.</p>\n<p>While the company was experiencing strong sales growth for a long time, the last few years have been rough. It posted negative comps in four out of the last five years. That's due in no small part to a world that is changing, and people can increasingly download games from a variety of reputable companies such as Epic Games, Steam, <b> Microsoft</b>, and <b> Sony</b>.</p>\n<p>A major investor saw an opportunity to turn around GameStop's fortunes. RC Ventures, headed by Ryan Cohen, founder of the online company <b>Chewy</b>, built a 13% ownership in the company. He is now chairman of GameStop and has made key management changes, including hiring a new CEO and CFO who previously worked for <b>Amazon</b>.</p>\n<p>Clearly, Cohen has committed his financial resources and time to making GameStop successful. While he built up impressive credentials at Chewy, which PetSmart bought for $3.4 billion (and still owns a majority stake in despite taking the company public), can he work his magic this time around?</p>\n<h2>Don't get fooled</h2>\n<p>It's a tough road to get GameStop moving in the right direction. Management didn't provide a comparable sales figure, but the fiscal first quarter's top line did increase by better than 25% to $1.3 billion for the period ended on May 1. But you shouldn't get overly excited by this impressive headline figure.</p>\n<p>It is difficult to make year-over-year comparisons since the company cut its store base by 12%. While this would make the sales growth seem more impressive, remember, GameStop was forced to close stores last year due to the pandemic. So this depressed the year-ago figure. Then, the current period benefited from Sony and Microsoft releasing new game consoles last year. This will prove to be a temporary lift since it's a <a href=\"https://laohu8.com/S/AONE\">one</a>-time purchase.</p>\n<p>The company will need to follow this up with improved game sales. However, software sales were down during the period. While the company blamed this on lower used game inventory, it has gotten a boost in the past when companies released new systems. This suggests that GameStop's hope for a multi-year bounce from the new systems is already facing hurdles.</p>\n<h2>Details lacking</h2>\n<p>While the new management team has online e-commerce experience, details on a plan forward remain lacking. Undoubtedly, that is coming as the executives meet and figure out where they want to go. However, with stiff online competition, it is tough to invest in the company without knowing how it will turn itself around and get sales back to sustained profitability.</p>\n<p>That's why you should leave GameStop's shares on the shelf.</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>1 Stock to Avoid No Matter What</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\">\n1 Stock to Avoid No Matter What\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 17:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/1-stock-to-avoid-no-matter-what-gamestop/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) has certainly had a wild ride this year. If you owned the stock coming into 2021, it was a lot of fun watching the per-share price go from about $17 to the current $212.\nBut you ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/1-stock-to-avoid-no-matter-what-gamestop/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/16/1-stock-to-avoid-no-matter-what-gamestop/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143979397","content_text":"GameStop (NYSE:GME) has certainly had a wild ride this year. If you owned the stock coming into 2021, it was a lot of fun watching the per-share price go from about $17 to the current $212.\nBut you shouldn't get lulled into buying the hype surrounding this meme stock. The run was partly fueled by a Reddit group, which promoted the stock and also created a short squeeze that led the price higher. That makes for great headlines, but there are strong reasons to avoid getting pulled in.\nTrying to transition\nGameStop, which sells video game consoles and software, was already experiencing weakening sales heading into 2020. Same-store sales (comps) fell by 19.4% in 2019, following that up with a 9.5% drop last year.\nWhile the company was experiencing strong sales growth for a long time, the last few years have been rough. It posted negative comps in four out of the last five years. That's due in no small part to a world that is changing, and people can increasingly download games from a variety of reputable companies such as Epic Games, Steam,  Microsoft, and  Sony.\nA major investor saw an opportunity to turn around GameStop's fortunes. RC Ventures, headed by Ryan Cohen, founder of the online company Chewy, built a 13% ownership in the company. He is now chairman of GameStop and has made key management changes, including hiring a new CEO and CFO who previously worked for Amazon.\nClearly, Cohen has committed his financial resources and time to making GameStop successful. While he built up impressive credentials at Chewy, which PetSmart bought for $3.4 billion (and still owns a majority stake in despite taking the company public), can he work his magic this time around?\nDon't get fooled\nIt's a tough road to get GameStop moving in the right direction. Management didn't provide a comparable sales figure, but the fiscal first quarter's top line did increase by better than 25% to $1.3 billion for the period ended on May 1. But you shouldn't get overly excited by this impressive headline figure.\nIt is difficult to make year-over-year comparisons since the company cut its store base by 12%. While this would make the sales growth seem more impressive, remember, GameStop was forced to close stores last year due to the pandemic. So this depressed the year-ago figure. Then, the current period benefited from Sony and Microsoft releasing new game consoles last year. This will prove to be a temporary lift since it's a one-time purchase.\nThe company will need to follow this up with improved game sales. However, software sales were down during the period. While the company blamed this on lower used game inventory, it has gotten a boost in the past when companies released new systems. This suggests that GameStop's hope for a multi-year bounce from the new systems is already facing hurdles.\nDetails lacking\nWhile the new management team has online e-commerce experience, details on a plan forward remain lacking. Undoubtedly, that is coming as the executives meet and figure out where they want to go. However, with stiff online competition, it is tough to invest in the company without knowing how it will turn itself around and get sales back to sustained profitability.\nThat's why you should leave GameStop's shares on the shelf.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":152435708,"gmtCreate":1625325054304,"gmtModify":1703740438006,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/152435708","repostId":"2148780738","repostType":2,"repost":{"id":"2148780738","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":1625321400,"share":"https://ttm.financial/m/news/2148780738?lang=&edition=fundamental","pubTime":"2021-07-03 22:10","market":"hk","language":"en","title":"Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors","url":"https://stock-news.laohu8.com/highlight/detail?id=2148780738","media":"Dow Jones","summary":"MW Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors\n\n\n  By M","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Dogecoin whale? Robinhood IPO filing reveals dogecoin as <a href=\"https://laohu8.com/S/AONE\">one</a> of its biggest risk factors\n</p>\n<p>\n  By Mark DeCambre \n</p>\n<p>\n  Robinhood says 'our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorates or if the price of Dogecoin declines.' \n</p>\n<p>\n  Robinhood Markets has officially filed for an initial public offering for the trading app that will be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the more hotly anticipated of the coming months, but one of the most intriguing elements of the its public documents, made public on Thursday, was its dependence on dogecoin. \n</p>\n<p>\n  Trading in the meme asset dogecoin  was specifically revealed as a \"risk factor\" for prospective investors in Robinhood's regulatory filing , ahead of its planned listing on the Nasdaq, under the ticker \"HOOD.\" \n</p>\n<p>\n  Crypto is a comparatively new business for Robinhood but one that has grown substantially in popularity, filings reveal. The trading platform, which bills itself as democratizing investing, stated that 17% of its revenues in the first three months of 2021 ended March 31, were derived from cryptocurrency transactions, up from 4% in the fourth quarter of 2020. \n</p>\n<p>\n  Dogecoin has become one of the buzziest assets in the digital-asset sector after it soared more than 5,000% on the <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> mentions of prominent personalities, including Tesla Inc.<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk. \n</p>\n<p>\n  The rally in doge, driven by social-media mentions and an avid base of users, has propelled it to the No. 6 largest crypto in the world, according to CoinMarketCap.com. \n</p>\n<p>\n  But the meme asset was created as a lighthearted alternative to bitcoin back in 2013 and its staying power as bona fide crypto isn't assured. To be sure, no crypto's existence over a long period is assured. \n</p>\n<p>\n  But billions of dollars are behind bitcoin, the world's largest crypto by value, and the No. 2 asset Ether  on the Ethereum blockchain. \n</p>\n<p>\n  Bitcoin boasts a market value of $629 billion, Ether's total value is $247 billion, while dogecoin is tiny by comparison at $32 billion. \n</p>\n<p>\n  Hugh Tallents, a senior partner at boutique business consulting firm cg42 said that it should be concerning to investors that Robinhood is deeply entrenched in a meme asset. \n</p>\n<p>\n  \"With dogecoin and some of the other outlandish [memes], it is just a videogame that will end up with a lof of people that will get financially hurt and Robinhood will be at the crosshairs of enabling that,\" Tallents told MarketWatch. \n</p>\n<p>\n  The revelation of Robinhood's dependence on dogecoin and crypto also raises another curiosity in crypto circles that has become a bit of parlor game. \n</p>\n<p>\n  Back in February, digital-asset enthusiasts became briefly obsessed with speculation linking Robinhood to a dogecoin wallet address that was valued at around $2.1 billion. \n</p>\n<p>\n  The Wall Street Journal in February  reported that it had identified records that showed that a person, or entity, owned about 28% of all of dogecoin in circulation--a stake worth about $2.1 billion at the time. \n</p>\n<p>\n  That stake is presently worth more than $10.5 billion at dogecoin's current value of around 25 cents per coin, according to CoinDesk data , translating to roughly 42 billion doge, assuming the address didn't accumulate or sell any coins since February. \n</p>\n<p>\n   Vlad Tenev, CEO of Robinhood Market in the past has said that  \"any coins that [the company holds] are for the purposes of sort of providing access in holdings for our customers. We don't have significant positions in any of the coins that we keep on a proprietary basis or anything like that.\" \n</p>\n<p>\n  Robinhood's IPO paperwork indicates that its business would be adversely affected, and growth in \"our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorate or if the price of Dogecoin declines,\" including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms. \n</p>\n<p>\n  Rival trading platform Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, a pure-play crypto platform, began offering Dogecoin on its platform recently, citing the impact of rivals eroding its market share. \n</p>\n<p>\n  Dogecoin's year-to-date gains are stellar but it is down 66% from its early May peak at 74.07 cents. \n</p>\n<p>\n  A request for comment from Robinhood wasn't immediately returned. \n</p>\n<p>\n  Meanwhile, traditional markets are climbing, with the Dow Jones Industrial Average , the S&amp;P 500 index  and the technology-laden Nasdaq Composite Index trading at or near all-time highs. \n</p>\n<p>\n  But Robinhood's filing suggests that the online brokerage has hitched its wagon closer to the growth of crypto and in particular a meme segment of the inherently volatile asset. \n</p>\n<p>\n  Robinhood's filing shows that it generated $522 million of revenue in the first quarter, mostly from trading activity, more than quadruple its level from the first quarter of 2020. However, it reported a first-quarter loss of $1.4 billion, which is tied to its GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> trading volatility earlier in the year. \n</p>\n<p>\n  The company has set aside some 35% of its issuance to individual investors, if they invest via the Robinhood app. \n</p>\n<p>\n  -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 03, 2021 10:10 ET (14:10 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","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>Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors</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\">\nDogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors\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\">2021-07-03 22:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW Dogecoin whale? Robinhood IPO filing reveals dogecoin as <a href=\"https://laohu8.com/S/AONE\">one</a> of its biggest risk factors\n</p>\n<p>\n  By Mark DeCambre \n</p>\n<p>\n  Robinhood says 'our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorates or if the price of Dogecoin declines.' \n</p>\n<p>\n  Robinhood Markets has officially filed for an initial public offering for the trading app that will be <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the more hotly anticipated of the coming months, but one of the most intriguing elements of the its public documents, made public on Thursday, was its dependence on dogecoin. \n</p>\n<p>\n  Trading in the meme asset dogecoin  was specifically revealed as a \"risk factor\" for prospective investors in Robinhood's regulatory filing , ahead of its planned listing on the Nasdaq, under the ticker \"HOOD.\" \n</p>\n<p>\n  Crypto is a comparatively new business for Robinhood but one that has grown substantially in popularity, filings reveal. The trading platform, which bills itself as democratizing investing, stated that 17% of its revenues in the first three months of 2021 ended March 31, were derived from cryptocurrency transactions, up from 4% in the fourth quarter of 2020. \n</p>\n<p>\n  Dogecoin has become one of the buzziest assets in the digital-asset sector after it soared more than 5,000% on the <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> mentions of prominent personalities, including Tesla Inc.<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> CEO Elon Musk. \n</p>\n<p>\n  The rally in doge, driven by social-media mentions and an avid base of users, has propelled it to the No. 6 largest crypto in the world, according to CoinMarketCap.com. \n</p>\n<p>\n  But the meme asset was created as a lighthearted alternative to bitcoin back in 2013 and its staying power as bona fide crypto isn't assured. To be sure, no crypto's existence over a long period is assured. \n</p>\n<p>\n  But billions of dollars are behind bitcoin, the world's largest crypto by value, and the No. 2 asset Ether  on the Ethereum blockchain. \n</p>\n<p>\n  Bitcoin boasts a market value of $629 billion, Ether's total value is $247 billion, while dogecoin is tiny by comparison at $32 billion. \n</p>\n<p>\n  Hugh Tallents, a senior partner at boutique business consulting firm cg42 said that it should be concerning to investors that Robinhood is deeply entrenched in a meme asset. \n</p>\n<p>\n  \"With dogecoin and some of the other outlandish [memes], it is just a videogame that will end up with a lof of people that will get financially hurt and Robinhood will be at the crosshairs of enabling that,\" Tallents told MarketWatch. \n</p>\n<p>\n  The revelation of Robinhood's dependence on dogecoin and crypto also raises another curiosity in crypto circles that has become a bit of parlor game. \n</p>\n<p>\n  Back in February, digital-asset enthusiasts became briefly obsessed with speculation linking Robinhood to a dogecoin wallet address that was valued at around $2.1 billion. \n</p>\n<p>\n  The Wall Street Journal in February  reported that it had identified records that showed that a person, or entity, owned about 28% of all of dogecoin in circulation--a stake worth about $2.1 billion at the time. \n</p>\n<p>\n  That stake is presently worth more than $10.5 billion at dogecoin's current value of around 25 cents per coin, according to CoinDesk data , translating to roughly 42 billion doge, assuming the address didn't accumulate or sell any coins since February. \n</p>\n<p>\n   Vlad Tenev, CEO of Robinhood Market in the past has said that  \"any coins that [the company holds] are for the purposes of sort of providing access in holdings for our customers. We don't have significant positions in any of the coins that we keep on a proprietary basis or anything like that.\" \n</p>\n<p>\n  Robinhood's IPO paperwork indicates that its business would be adversely affected, and growth in \"our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorate or if the price of Dogecoin declines,\" including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms. \n</p>\n<p>\n  Rival trading platform Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, a pure-play crypto platform, began offering Dogecoin on its platform recently, citing the impact of rivals eroding its market share. \n</p>\n<p>\n  Dogecoin's year-to-date gains are stellar but it is down 66% from its early May peak at 74.07 cents. \n</p>\n<p>\n  A request for comment from Robinhood wasn't immediately returned. \n</p>\n<p>\n  Meanwhile, traditional markets are climbing, with the Dow Jones Industrial Average , the S&amp;P 500 index  and the technology-laden Nasdaq Composite Index trading at or near all-time highs. \n</p>\n<p>\n  But Robinhood's filing suggests that the online brokerage has hitched its wagon closer to the growth of crypto and in particular a meme segment of the inherently volatile asset. \n</p>\n<p>\n  Robinhood's filing shows that it generated $522 million of revenue in the first quarter, mostly from trading activity, more than quadruple its level from the first quarter of 2020. However, it reported a first-quarter loss of $1.4 billion, which is tied to its GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> trading volatility earlier in the year. \n</p>\n<p>\n  The company has set aside some 35% of its issuance to individual investors, if they invest via the Robinhood app. \n</p>\n<p>\n  -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 03, 2021 10:10 ET (14:10 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","GME":"游戏驿站"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148780738","content_text":"MW Dogecoin whale? Robinhood IPO filing reveals dogecoin as one of its biggest risk factors\n\n\n  By Mark DeCambre \n\n\n  Robinhood says 'our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorates or if the price of Dogecoin declines.' \n\n\n  Robinhood Markets has officially filed for an initial public offering for the trading app that will be one of the more hotly anticipated of the coming months, but one of the most intriguing elements of the its public documents, made public on Thursday, was its dependence on dogecoin. \n\n\n  Trading in the meme asset dogecoin  was specifically revealed as a \"risk factor\" for prospective investors in Robinhood's regulatory filing , ahead of its planned listing on the Nasdaq, under the ticker \"HOOD.\" \n\n\n  Crypto is a comparatively new business for Robinhood but one that has grown substantially in popularity, filings reveal. The trading platform, which bills itself as democratizing investing, stated that 17% of its revenues in the first three months of 2021 ended March 31, were derived from cryptocurrency transactions, up from 4% in the fourth quarter of 2020. \n\n\n  Dogecoin has become one of the buzziest assets in the digital-asset sector after it soared more than 5,000% on the Twitter mentions of prominent personalities, including Tesla Inc.$(TSLA)$ CEO Elon Musk. \n\n\n  The rally in doge, driven by social-media mentions and an avid base of users, has propelled it to the No. 6 largest crypto in the world, according to CoinMarketCap.com. \n\n\n  But the meme asset was created as a lighthearted alternative to bitcoin back in 2013 and its staying power as bona fide crypto isn't assured. To be sure, no crypto's existence over a long period is assured. \n\n\n  But billions of dollars are behind bitcoin, the world's largest crypto by value, and the No. 2 asset Ether  on the Ethereum blockchain. \n\n\n  Bitcoin boasts a market value of $629 billion, Ether's total value is $247 billion, while dogecoin is tiny by comparison at $32 billion. \n\n\n  Hugh Tallents, a senior partner at boutique business consulting firm cg42 said that it should be concerning to investors that Robinhood is deeply entrenched in a meme asset. \n\n\n  \"With dogecoin and some of the other outlandish [memes], it is just a videogame that will end up with a lof of people that will get financially hurt and Robinhood will be at the crosshairs of enabling that,\" Tallents told MarketWatch. \n\n\n  The revelation of Robinhood's dependence on dogecoin and crypto also raises another curiosity in crypto circles that has become a bit of parlor game. \n\n\n  Back in February, digital-asset enthusiasts became briefly obsessed with speculation linking Robinhood to a dogecoin wallet address that was valued at around $2.1 billion. \n\n\n  The Wall Street Journal in February  reported that it had identified records that showed that a person, or entity, owned about 28% of all of dogecoin in circulation--a stake worth about $2.1 billion at the time. \n\n\n  That stake is presently worth more than $10.5 billion at dogecoin's current value of around 25 cents per coin, according to CoinDesk data , translating to roughly 42 billion doge, assuming the address didn't accumulate or sell any coins since February. \n\n\n   Vlad Tenev, CEO of Robinhood Market in the past has said that  \"any coins that [the company holds] are for the purposes of sort of providing access in holdings for our customers. We don't have significant positions in any of the coins that we keep on a proprietary basis or anything like that.\" \n\n\n  Robinhood's IPO paperwork indicates that its business would be adversely affected, and growth in \"our net revenue earned from cryptocurrency transactions may slow or decline, if the market for Dogecoin deteriorate or if the price of Dogecoin declines,\" including as a result of factors such as negative perceptions of Dogecoin or the increased availability of Dogecoin on other cryptocurrency trading platforms. \n\n\n  Rival trading platform Coinbase Global $(COIN)$, a pure-play crypto platform, began offering Dogecoin on its platform recently, citing the impact of rivals eroding its market share. \n\n\n  Dogecoin's year-to-date gains are stellar but it is down 66% from its early May peak at 74.07 cents. \n\n\n  A request for comment from Robinhood wasn't immediately returned. \n\n\n  Meanwhile, traditional markets are climbing, with the Dow Jones Industrial Average , the S&P 500 index  and the technology-laden Nasdaq Composite Index trading at or near all-time highs. \n\n\n  But Robinhood's filing suggests that the online brokerage has hitched its wagon closer to the growth of crypto and in particular a meme segment of the inherently volatile asset. \n\n\n  Robinhood's filing shows that it generated $522 million of revenue in the first quarter, mostly from trading activity, more than quadruple its level from the first quarter of 2020. However, it reported a first-quarter loss of $1.4 billion, which is tied to its GameStop Corp. $(GME)$ trading volatility earlier in the year. \n\n\n  The company has set aside some 35% of its issuance to individual investors, if they invest via the Robinhood app. \n\n\n  -Mark DeCambre; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 03, 2021 10:10 ET (14:10 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":153080347,"gmtCreate":1624985470689,"gmtModify":1703849611598,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"J","listText":"J","text":"J","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/153080347","repostId":"2147786472","repostType":2,"repost":{"id":"2147786472","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1624983733,"share":"https://ttm.financial/m/news/2147786472?lang=&edition=fundamental","pubTime":"2021-06-30 00:22","market":"us","language":"en","title":"UPDATE 1-Musk ready to invest as much as $30 billion in Starlink","url":"https://stock-news.laohu8.com/highlight/detail?id=2147786472","media":"Reuters","summary":"(Wraps stories, adds context)   By Supantha Mukherjee and Clara-Laeila Laudette   BARCELONA, June 29","content":"<html><body><p>(Wraps stories, adds context)</p><p>   By Supantha Mukherjee and Clara-Laeila Laudette</p><p>   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.</p><p>   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.</p><p>   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.</p><p>   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.</p><p>   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.</p><p>   Skeptics question whether satellite internet can ever develop a viable business model, because the main market it targets is people living in remote areas, who are too few in number to support the vast up-front investment costs.</p><p>   He pushed back against that idea, saying that Starlink could help fill in the gaps in fifth-generation mobile and fibre-optic networks.</p><p>   \"There's a need for connectivity in places that don't have it right now,\" said Musk.</p><p> (Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine Editing by Gareth Jones and Bernadette Baum)</p><p>((douglas.busvine@tr.com; +49 30 220 133 562;))</p></body></html>","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>UPDATE 1-Musk ready to invest as much as $30 billion in Starlink</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\">\nUPDATE 1-Musk ready to invest as much as $30 billion in Starlink\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-30 00:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>(Wraps stories, adds context)</p><p>   By Supantha Mukherjee and Clara-Laeila Laudette</p><p>   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.</p><p>   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.</p><p>   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.</p><p>   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.</p><p>   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.</p><p>   Skeptics question whether satellite internet can ever develop a viable business model, because the main market it targets is people living in remote areas, who are too few in number to support the vast up-front investment costs.</p><p>   He pushed back against that idea, saying that Starlink could help fill in the gaps in fifth-generation mobile and fibre-optic networks.</p><p>   \"There's a need for connectivity in places that don't have it right now,\" said Musk.</p><p> (Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine Editing by Gareth Jones and Bernadette Baum)</p><p>((douglas.busvine@tr.com; +49 30 220 133 562;))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2147786472","content_text":"(Wraps stories, adds context)   By Supantha Mukherjee and Clara-Laeila Laudette   BARCELONA, June 29 (Reuters) - Billionaire entrepreneur Elon Musk said on Tuesday that his Starlink venture was growing quickly as he forecast total investment costs in the satellite internet business at between $20 billion and $30 billion.   The Tesla Inc    CEO and founder of SpaceX, a rocket ship venture that seeks to colonize Mars, said up-front investment costs before Starlink achieves substantial positive cash flow would be $5-$10 billion.   \"It's a lot, basically,\" Musk said in a video interview from California with the Mobile World Congress, the telecoms industry's largest annual gathering that is being held in Barcelona.   Starlink, an array of low-orbit satellites offering high-speed connectivity for people living in remote areas, is already offering a trial service and says it aims for near-global coverage of the populated world this year.   It now has more than 1,500 satellites aloft and is operating in about a dozen countries, adding more every month, said Musk, forecasting that total customer numbers would reach half a million over the next 12 months, from 69,000 now.   Skeptics question whether satellite internet can ever develop a viable business model, because the main market it targets is people living in remote areas, who are too few in number to support the vast up-front investment costs.   He pushed back against that idea, saying that Starlink could help fill in the gaps in fifth-generation mobile and fibre-optic networks.   \"There's a need for connectivity in places that don't have it right now,\" said Musk. (Reporting by Supantha Mukherjee and Clara-Laeila Laudette, Writing by Douglas Busvine Editing by Gareth Jones and Bernadette Baum)((douglas.busvine@tr.com; +49 30 220 133 562;))","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156169508,"gmtCreate":1625202897604,"gmtModify":1703738293702,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156169508","repostId":"1104728487","repostType":2,"repost":{"id":"1104728487","pubTimestamp":1625189058,"share":"https://ttm.financial/m/news/1104728487?lang=&edition=fundamental","pubTime":"2021-07-02 09:24","market":"us","language":"en","title":"When AAPL Traded Like A Meme Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1104728487","media":"thestreet","summary":"Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL b","content":"<p>Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL behaved like one in the third quarter of 2020. Here is what happened.</p>\n<p>Apple&nbsp;(<b>AAPL</b>)&nbsp;is nothing likea meme stock. The sheer size of the company, trading volume, institutional ownership and multi trillion-dollar market cap make it nearly impossible for a relatively small number of retail traders to sway the stock price in any meaningful way. But there are often exceptions to the rule.</p>\n<p>Today, the Apple Maven goes back to third calendar quarter of 2020 and revisits the few weeks when Apple stock traded like meme: up sharply and quickly, on heavy volume and arguably decoupled from business or macroeconomic fundamentals, followed by a sudden drop from the peak.</p>\n<p>AAPL stock: to the moon!</p>\n<p>Apple’s fiscal third quarter, reported in late July 2020, was quite impressive given the COVID-19 disruptions. The company managed to post revenue growth of nearly 11% and EPS of $2.58 that topped consensus by around 50 cents.</p>\n<p>But, despite the strong performance, it is still not easy to justify what happened to Apple stock in the month or so that followed the earnings release. Between July 31 and September 1, AAPL climbed a staggering 40%, the most in such a short period of time in the past ten years at least.</p>\n<p>Not even the recovery from the bottom of the COVID-19 bear was so fast and so furious. See chart below: a histogram of the one-month returns in Apple stock on any given day over the past decade.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d4cd9696f95e583da810bdc74facce25\" tg-width=\"1200\" tg-height=\"650\" referrerpolicy=\"no-referrer\"><span>Figure 2: Distribution of one-month returns in AAPL, past decade.DM Martins Research</span></p>\n<p>The roots of the meme attack</p>\n<p>In my view, there is one key factor that explains the bullish reaction of August 2020. Along with financial results, Apple also announced its first stock split since 2014. One share of AAPL would become four on Monday, August 31. CEO Tim Cook explained the company’s decision:</p>\n<blockquote>\n “We are announcing a four for one split of Apple common stock to make our stock more accessible to a broader base of investors.”\n</blockquote>\n<p>While accessibility to retail investors is probably the main reason for splitting a stock, the rationale does not work as well in today’s trading environment. Nearly all major brokerage firms allow for fractional ownership, which means an investor can buy or sell less than one share of Apple stock.</p>\n<p>The only way that a stock split matters nowadays, in my view, is by catching the attention of investors who believe that the event unveils “a good deal”: two, or four, or ten shares for the price of one. This was probably the key factor driving AAPL share price to $134 from $106 in less than five weeks.</p>\n<p>The morning-after hangover</p>\n<p>Like any good “meme attack”, AAPL share price spike was followed by a sudden pullback.</p>\n<p>After reaching a peak of $134 in early September, the stock dropped below $107 only 12 trading days later. It entered correction territory, defined as a 10%-plus pullback from the peak, in a record four trading days. In fact, Apple was still priced below September 1 levels as recently as a couple of days ago.</p>\n<p>It is probably not a coincidence that Apple’s sharp fall from the top started to unfold within one or two days of the stock split finally being executed, when the “buzz” finally wore off – the telltale sign of a meme stock-like frenzy running its course.</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>When AAPL Traded Like A Meme Stock</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\">\nWhen AAPL Traded Like A Meme Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-02 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.thestreet.com/apple/stock/when-aapl-traded-like-a-meme-stock><strong>thestreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL behaved like one in the third quarter of 2020. Here is what happened.\nApple (AAPL) is nothing likea ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/when-aapl-traded-like-a-meme-stock\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/when-aapl-traded-like-a-meme-stock","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104728487","content_text":"Apple is one of the most unlikely meme stock candidates. However, the Apple Maven thinks that AAPL behaved like one in the third quarter of 2020. Here is what happened.\nApple (AAPL) is nothing likea meme stock. The sheer size of the company, trading volume, institutional ownership and multi trillion-dollar market cap make it nearly impossible for a relatively small number of retail traders to sway the stock price in any meaningful way. But there are often exceptions to the rule.\nToday, the Apple Maven goes back to third calendar quarter of 2020 and revisits the few weeks when Apple stock traded like meme: up sharply and quickly, on heavy volume and arguably decoupled from business or macroeconomic fundamentals, followed by a sudden drop from the peak.\nAAPL stock: to the moon!\nApple’s fiscal third quarter, reported in late July 2020, was quite impressive given the COVID-19 disruptions. The company managed to post revenue growth of nearly 11% and EPS of $2.58 that topped consensus by around 50 cents.\nBut, despite the strong performance, it is still not easy to justify what happened to Apple stock in the month or so that followed the earnings release. Between July 31 and September 1, AAPL climbed a staggering 40%, the most in such a short period of time in the past ten years at least.\nNot even the recovery from the bottom of the COVID-19 bear was so fast and so furious. See chart below: a histogram of the one-month returns in Apple stock on any given day over the past decade.\nFigure 2: Distribution of one-month returns in AAPL, past decade.DM Martins Research\nThe roots of the meme attack\nIn my view, there is one key factor that explains the bullish reaction of August 2020. Along with financial results, Apple also announced its first stock split since 2014. One share of AAPL would become four on Monday, August 31. CEO Tim Cook explained the company’s decision:\n\n “We are announcing a four for one split of Apple common stock to make our stock more accessible to a broader base of investors.”\n\nWhile accessibility to retail investors is probably the main reason for splitting a stock, the rationale does not work as well in today’s trading environment. Nearly all major brokerage firms allow for fractional ownership, which means an investor can buy or sell less than one share of Apple stock.\nThe only way that a stock split matters nowadays, in my view, is by catching the attention of investors who believe that the event unveils “a good deal”: two, or four, or ten shares for the price of one. This was probably the key factor driving AAPL share price to $134 from $106 in less than five weeks.\nThe morning-after hangover\nLike any good “meme attack”, AAPL share price spike was followed by a sudden pullback.\nAfter reaching a peak of $134 in early September, the stock dropped below $107 only 12 trading days later. It entered correction territory, defined as a 10%-plus pullback from the peak, in a record four trading days. In fact, Apple was still priced below September 1 levels as recently as a couple of days ago.\nIt is probably not a coincidence that Apple’s sharp fall from the top started to unfold within one or two days of the stock split finally being executed, when the “buzz” finally wore off – the telltale sign of a meme stock-like frenzy running its course.","news_type":1},"isVote":1,"tweetType":1,"viewCount":151,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156163277,"gmtCreate":1625202971499,"gmtModify":1703738295672,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"Hmmmmm","listText":"Hmmmmm","text":"Hmmmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/156163277","repostId":"2148875949","repostType":2,"repost":{"id":"2148875949","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625202000,"share":"https://ttm.financial/m/news/2148875949?lang=&edition=fundamental","pubTime":"2021-07-02 13:00","market":"fut","language":"en","title":"GRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2148875949","media":"Reuters","summary":"By Saqib Iqbal Ahmed   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus","content":"<html><body><p>By Saqib Iqbal Ahmed</p><p>   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as U.S. stocks hover near record highs. </p><p>   The Delta variant is now present in over 90 countries and has become the most prevalent variant among new COVID-19 cases in the United States, according to California-based genomics company Helix.     </p><p>   So far, however, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recent months.</p><p>   Here are some assets where concerns over the Delta variant may be moving the needle.</p><p>   TRAVEL AND LEISURE STOCKS</p><p>   Southwest Airlines   , American Airlines   , Delta</p><p>  and Carnival Corp    made the list of the 25 worst performing stocks over the last 1 month, a Reuters analysis showed. The Dow Jones U.S. Travel &amp; Leisure Index    fell 3.35% in June, compared with a 2.2% gain for the S&amp;P 500 Index</p><p> .</p><p>   Oil prices, which were hammered in the wake of the pandemic, rose about 10% in June, however.</p><p>  CURRENCIES</p><p>  Worries over the Delta variant are weighing on the currencies of countries where it is spreading quickly, including the Australian dollar and British pound. </p><p>   The moves have contributed to a rally in the U.S. dollar that was sparked by the Federal Reserve’s hawkish shift and saw the U.S. currency gain 2.7% against a basket of peers in June.</p><p>   \"Early on I think the risks of the Delta variant were most apparent in British pound,\" said John Doyle, vice president of dealing and trading at FX payments firm Tempus Inc.</p><p>   \"Now I think it is most apparent in the Oceanic currencies that are generally tied to Asian risk sentiment.\"</p><p>   TREASURIES</p><p>   Some investors have piled into Treasuries in recent weeks, fueled by expectations that U.S. growth may be peaking and the Fed will be less tolerant of rising consumer prices. Some investors believe fresh uncertainty over Covid-19 may be accelerating the move in yields on U.S. government bonds, which are among the world’s most popular haven assets.</p><p>   \"The fear that incremental lockdowns could reappear has recently been a factor\" in Treasury positioning, wrote Arnim Holzer, strategist with EAB Investment Group, in a note on Wednesday. </p><p>   \"Multi-asset and safety seeking does look to be gaining a bit of interest with U.S. Treasury and dollar strength,\" Holzer said.</p><p>   GROWTH VS VALUE</p><p>   So-called value stocks - companies that trade at low multiples to book value and tend to be more sensitive to economic cycles - ripped higher earlier this year on expectations of an economic rebound but have stumbled lately. </p><p>   Meanwhile, shares of growth names, including stay-at-home bets like Amazon.com   , Netflix   , and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications    and ETSY Inc   , have risen.</p><p>   JP Morgan's Marko Kolanovic believes the shift resembles <a href=\"https://laohu8.com/S/AONE\">one</a> that took place in February, when investors briefly grew defensive on worries over the Alpha variant, only to sell bonds and pile back into value stocks when the threat had passed.</p><p>   \"We expect this to repeat now as investors assess the so-called Delta variant,\" Kolanovic said.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ GRAPHIC: U.S. travel and leisure stocks dip     GRAPHIC: FX performance     GRAPHIC: Paring gains     GRAPHIC: Growth narrows gap with value    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Saqib Iqbal Ahmed; Editing by Ira Iosebashvili and Stephen Coates)</p><p>((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 646 223 6054; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))</p></body></html>","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>GRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices</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\">\nGRAPHIC-COVID Delta variant worries bubble to the surface in some asset prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-07-02 13:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><p>By Saqib Iqbal Ahmed</p><p>   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as U.S. stocks hover near record highs. </p><p>   The Delta variant is now present in over 90 countries and has become the most prevalent variant among new COVID-19 cases in the United States, according to California-based genomics company Helix.     </p><p>   So far, however, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recent months.</p><p>   Here are some assets where concerns over the Delta variant may be moving the needle.</p><p>   TRAVEL AND LEISURE STOCKS</p><p>   Southwest Airlines   , American Airlines   , Delta</p><p>  and Carnival Corp    made the list of the 25 worst performing stocks over the last 1 month, a Reuters analysis showed. The Dow Jones U.S. Travel &amp; Leisure Index    fell 3.35% in June, compared with a 2.2% gain for the S&amp;P 500 Index</p><p> .</p><p>   Oil prices, which were hammered in the wake of the pandemic, rose about 10% in June, however.</p><p>  CURRENCIES</p><p>  Worries over the Delta variant are weighing on the currencies of countries where it is spreading quickly, including the Australian dollar and British pound. </p><p>   The moves have contributed to a rally in the U.S. dollar that was sparked by the Federal Reserve’s hawkish shift and saw the U.S. currency gain 2.7% against a basket of peers in June.</p><p>   \"Early on I think the risks of the Delta variant were most apparent in British pound,\" said John Doyle, vice president of dealing and trading at FX payments firm Tempus Inc.</p><p>   \"Now I think it is most apparent in the Oceanic currencies that are generally tied to Asian risk sentiment.\"</p><p>   TREASURIES</p><p>   Some investors have piled into Treasuries in recent weeks, fueled by expectations that U.S. growth may be peaking and the Fed will be less tolerant of rising consumer prices. Some investors believe fresh uncertainty over Covid-19 may be accelerating the move in yields on U.S. government bonds, which are among the world’s most popular haven assets.</p><p>   \"The fear that incremental lockdowns could reappear has recently been a factor\" in Treasury positioning, wrote Arnim Holzer, strategist with EAB Investment Group, in a note on Wednesday. </p><p>   \"Multi-asset and safety seeking does look to be gaining a bit of interest with U.S. Treasury and dollar strength,\" Holzer said.</p><p>   GROWTH VS VALUE</p><p>   So-called value stocks - companies that trade at low multiples to book value and tend to be more sensitive to economic cycles - ripped higher earlier this year on expectations of an economic rebound but have stumbled lately. </p><p>   Meanwhile, shares of growth names, including stay-at-home bets like Amazon.com   , Netflix   , and <a href=\"https://laohu8.com/S/ZM\">Zoom</a> Video Communications    and ETSY Inc   , have risen.</p><p>   JP Morgan's Marko Kolanovic believes the shift resembles <a href=\"https://laohu8.com/S/AONE\">one</a> that took place in February, when investors briefly grew defensive on worries over the Alpha variant, only to sell bonds and pile back into value stocks when the threat had passed.</p><p>   \"We expect this to repeat now as investors assess the so-called Delta variant,\" Kolanovic said.</p><p>    &lt;^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ GRAPHIC: U.S. travel and leisure stocks dip     GRAPHIC: FX performance     GRAPHIC: Paring gains     GRAPHIC: Growth narrows gap with value    </p><p>   ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^&gt;</p><p>(Reporting by Saqib Iqbal Ahmed; Editing by Ira Iosebashvili and Stephen Coates)</p><p>((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 646 223 6054; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","09086":"华夏纳指-U","NFLX":"奈飞","QID":"纳指两倍做空ETF","03086":"华夏纳指","ETSY":"Etsy, Inc.","CCL":"嘉年华邮轮","SQQQ":"纳指三倍做空ETF","FXA":"澳元ETF-CurrencyShares","FXB":"英镑ETF-CurrencyShares","QLD":"纳指两倍做多ETF","AAL":"美国航空",".IXIC":"NASDAQ Composite","ZM":"Zoom","TQQQ":"纳指三倍做多ETF",".SPX":"S&P 500 Index","LUV":"西南航空","AMZN":"亚马逊","PSQ":"纳指反向ETF","QNETCN":"纳斯达克中美互联网老虎指数","QQQ":"纳指100ETF"},"source_url":"http://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148875949","content_text":"By Saqib Iqbal Ahmed   NEW YORK, July 2 (Reuters) - Worries over the spread of the Delta coronavirus variant are emerging in various corners of global financial markets, even as U.S. stocks hover near record highs.    The Delta variant is now present in over 90 countries and has become the most prevalent variant among new COVID-19 cases in the United States, according to California-based genomics company Helix.        So far, however, it is hard to tell how much the new strain will disrupt the global growth rebound that has helped power risk assets higher in recent months.   Here are some assets where concerns over the Delta variant may be moving the needle.   TRAVEL AND LEISURE STOCKS   Southwest Airlines   , American Airlines   , Delta  and Carnival Corp    made the list of the 25 worst performing stocks over the last 1 month, a Reuters analysis showed. The Dow Jones U.S. Travel & Leisure Index    fell 3.35% in June, compared with a 2.2% gain for the S&P 500 Index .   Oil prices, which were hammered in the wake of the pandemic, rose about 10% in June, however.  CURRENCIES  Worries over the Delta variant are weighing on the currencies of countries where it is spreading quickly, including the Australian dollar and British pound.    The moves have contributed to a rally in the U.S. dollar that was sparked by the Federal Reserve’s hawkish shift and saw the U.S. currency gain 2.7% against a basket of peers in June.   \"Early on I think the risks of the Delta variant were most apparent in British pound,\" said John Doyle, vice president of dealing and trading at FX payments firm Tempus Inc.   \"Now I think it is most apparent in the Oceanic currencies that are generally tied to Asian risk sentiment.\"   TREASURIES   Some investors have piled into Treasuries in recent weeks, fueled by expectations that U.S. growth may be peaking and the Fed will be less tolerant of rising consumer prices. Some investors believe fresh uncertainty over Covid-19 may be accelerating the move in yields on U.S. government bonds, which are among the world’s most popular haven assets.   \"The fear that incremental lockdowns could reappear has recently been a factor\" in Treasury positioning, wrote Arnim Holzer, strategist with EAB Investment Group, in a note on Wednesday.    \"Multi-asset and safety seeking does look to be gaining a bit of interest with U.S. Treasury and dollar strength,\" Holzer said.   GROWTH VS VALUE   So-called value stocks - companies that trade at low multiples to book value and tend to be more sensitive to economic cycles - ripped higher earlier this year on expectations of an economic rebound but have stumbled lately.    Meanwhile, shares of growth names, including stay-at-home bets like Amazon.com   , Netflix   , and Zoom Video Communications    and ETSY Inc   , have risen.   JP Morgan's Marko Kolanovic believes the shift resembles one that took place in February, when investors briefly grew defensive on worries over the Alpha variant, only to sell bonds and pile back into value stocks when the threat had passed.   \"We expect this to repeat now as investors assess the so-called Delta variant,\" Kolanovic said.    <^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ GRAPHIC: U.S. travel and leisure stocks dip     GRAPHIC: FX performance     GRAPHIC: Paring gains     GRAPHIC: Growth narrows gap with value       ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^>(Reporting by Saqib Iqbal Ahmed; Editing by Ira Iosebashvili and Stephen Coates)((saqib.ahmed@thomsonreuters.com; @SaqibReports; +1 646 223 6054; Reuters Messaging: saqib.ahmed.thomsonreuters.com@reuters.net))","news_type":1},"isVote":1,"tweetType":1,"viewCount":43,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161294063,"gmtCreate":1623927686752,"gmtModify":1703823688230,"author":{"id":"3586410003457759","authorId":"3586410003457759","name":"D4rkzZZ","avatar":"https://static.tigerbbs.com/f14f6b296f8d3ddba123ba047bff273f","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586410003457759","idStr":"3586410003457759"},"themes":[],"htmlText":"I think this is the&nbsp;news we should avoid !&nbsp;","listText":"I think this is the&nbsp;news we should avoid !&nbsp;","text":"I think this is the news we should avoid !","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161294063","repostId":"2143979397","repostType":4,"repost":{"id":"2143979397","pubTimestamp":1623921600,"share":"https://ttm.financial/m/news/2143979397?lang=&edition=fundamental","pubTime":"2021-06-17 17:20","market":"us","language":"en","title":"1 Stock to Avoid No Matter What","url":"https://stock-news.laohu8.com/highlight/detail?id=2143979397","media":"Motley Fool","summary":"This company faces an uphill climb to turning things around.","content":"<p><b>GameStop</b> (NYSE:GME) has certainly had a wild ride this year. If you owned the stock coming into 2021, it was a lot of fun watching the per-share price go from about $17 to the current $212.</p>\n<p>But you shouldn't get lulled into buying the hype surrounding this meme stock. The run was partly fueled by a Reddit group, which promoted the stock and also created a short squeeze that led the price higher. That makes for great headlines, but there are strong reasons to avoid getting pulled in.</p>\n<h2>Trying to transition</h2>\n<p>GameStop, which sells video game consoles and software, was already experiencing weakening sales heading into 2020. Same-store sales (comps) fell by 19.4% in 2019, following that up with a 9.5% drop last year.</p>\n<p>While the company was experiencing strong sales growth for a long time, the last few years have been rough. It posted negative comps in four out of the last five years. That's due in no small part to a world that is changing, and people can increasingly download games from a variety of reputable companies such as Epic Games, Steam, <b> Microsoft</b>, and <b> Sony</b>.</p>\n<p>A major investor saw an opportunity to turn around GameStop's fortunes. RC Ventures, headed by Ryan Cohen, founder of the online company <b>Chewy</b>, built a 13% ownership in the company. He is now chairman of GameStop and has made key management changes, including hiring a new CEO and CFO who previously worked for <b>Amazon</b>.</p>\n<p>Clearly, Cohen has committed his financial resources and time to making GameStop successful. While he built up impressive credentials at Chewy, which PetSmart bought for $3.4 billion (and still owns a majority stake in despite taking the company public), can he work his magic this time around?</p>\n<h2>Don't get fooled</h2>\n<p>It's a tough road to get GameStop moving in the right direction. Management didn't provide a comparable sales figure, but the fiscal first quarter's top line did increase by better than 25% to $1.3 billion for the period ended on May 1. But you shouldn't get overly excited by this impressive headline figure.</p>\n<p>It is difficult to make year-over-year comparisons since the company cut its store base by 12%. While this would make the sales growth seem more impressive, remember, GameStop was forced to close stores last year due to the pandemic. So this depressed the year-ago figure. Then, the current period benefited from Sony and Microsoft releasing new game consoles last year. This will prove to be a temporary lift since it's a <a href=\"https://laohu8.com/S/AONE\">one</a>-time purchase.</p>\n<p>The company will need to follow this up with improved game sales. However, software sales were down during the period. While the company blamed this on lower used game inventory, it has gotten a boost in the past when companies released new systems. This suggests that GameStop's hope for a multi-year bounce from the new systems is already facing hurdles.</p>\n<h2>Details lacking</h2>\n<p>While the new management team has online e-commerce experience, details on a plan forward remain lacking. Undoubtedly, that is coming as the executives meet and figure out where they want to go. However, with stiff online competition, it is tough to invest in the company without knowing how it will turn itself around and get sales back to sustained profitability.</p>\n<p>That's why you should leave GameStop's shares on the shelf.</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>1 Stock to Avoid No Matter What</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\">\n1 Stock to Avoid No Matter What\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 17:20 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/1-stock-to-avoid-no-matter-what-gamestop/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) has certainly had a wild ride this year. If you owned the stock coming into 2021, it was a lot of fun watching the per-share price go from about $17 to the current $212.\nBut you ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/1-stock-to-avoid-no-matter-what-gamestop/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/06/16/1-stock-to-avoid-no-matter-what-gamestop/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143979397","content_text":"GameStop (NYSE:GME) has certainly had a wild ride this year. If you owned the stock coming into 2021, it was a lot of fun watching the per-share price go from about $17 to the current $212.\nBut you shouldn't get lulled into buying the hype surrounding this meme stock. The run was partly fueled by a Reddit group, which promoted the stock and also created a short squeeze that led the price higher. That makes for great headlines, but there are strong reasons to avoid getting pulled in.\nTrying to transition\nGameStop, which sells video game consoles and software, was already experiencing weakening sales heading into 2020. Same-store sales (comps) fell by 19.4% in 2019, following that up with a 9.5% drop last year.\nWhile the company was experiencing strong sales growth for a long time, the last few years have been rough. It posted negative comps in four out of the last five years. That's due in no small part to a world that is changing, and people can increasingly download games from a variety of reputable companies such as Epic Games, Steam,  Microsoft, and  Sony.\nA major investor saw an opportunity to turn around GameStop's fortunes. RC Ventures, headed by Ryan Cohen, founder of the online company Chewy, built a 13% ownership in the company. He is now chairman of GameStop and has made key management changes, including hiring a new CEO and CFO who previously worked for Amazon.\nClearly, Cohen has committed his financial resources and time to making GameStop successful. While he built up impressive credentials at Chewy, which PetSmart bought for $3.4 billion (and still owns a majority stake in despite taking the company public), can he work his magic this time around?\nDon't get fooled\nIt's a tough road to get GameStop moving in the right direction. Management didn't provide a comparable sales figure, but the fiscal first quarter's top line did increase by better than 25% to $1.3 billion for the period ended on May 1. But you shouldn't get overly excited by this impressive headline figure.\nIt is difficult to make year-over-year comparisons since the company cut its store base by 12%. While this would make the sales growth seem more impressive, remember, GameStop was forced to close stores last year due to the pandemic. So this depressed the year-ago figure. Then, the current period benefited from Sony and Microsoft releasing new game consoles last year. This will prove to be a temporary lift since it's a one-time purchase.\nThe company will need to follow this up with improved game sales. However, software sales were down during the period. While the company blamed this on lower used game inventory, it has gotten a boost in the past when companies released new systems. This suggests that GameStop's hope for a multi-year bounce from the new systems is already facing hurdles.\nDetails lacking\nWhile the new management team has online e-commerce experience, details on a plan forward remain lacking. Undoubtedly, that is coming as the executives meet and figure out where they want to go. However, with stiff online competition, it is tough to invest in the company without knowing how it will turn itself around and get sales back to sustained profitability.\nThat's why you should leave GameStop's shares on the shelf.","news_type":1},"isVote":1,"tweetType":1,"viewCount":147,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}