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HengHuat

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2023-11-22

Who the hell will trust these people associated with ftx previously

FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer

2023-07-18

Oh yeah

Apple Stock Hits a Record as Analysts Flag Revenue from India

2022-12-09

Continue to grow please

Here's Why AMD Stock Rose 29% in November

2022-12-07

Twitter and facebook are two dumb platforms

How Apple and Twitter Could Avoid a War While Saving Musk 30%

2022-12-07

How a person can change a stagnant company with predictable contents?

Should You Buy Disney Now That CEO Iger Is Back?

2022-11-27

I am laughing at those dumbos who bought NFT and metaverse land plots fir millions

3 Cryptos to Avoid No Matter What

2022-11-27

Any risk takers still dare to venture into crypto currency scams

3 Cryptos to Buy in a Bear Market

2022-11-14

Their fate are decided by consumers.

Netflix and Disney Might Be Launching Ad-Supported Tiers at the Exact Wrong Time

2022-11-12

All the back end greedy idiots are manipulating the crypto world through speculating and evil ways. Really screw these idiots

A $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto

2022-11-12

Some back end idiots must have gain in all these chaos. Curse them

How Binance, FTX Deal Rocked the Crypto World and Then Collapsed

2022-11-12

Which idiots speculating shit and cause panic selling

Panic Among Bitcoin Investors Intensifies: When Will It End?

2022-11-09

Hope it will soar

Wall Street Thinks Sea Limited's Stock Will Double Over the Next Year. Are They Right?

2022-10-31

Metaverse is ambitious in current era. People have lots of real life real world problems to tackle, who the hell have time to "escape" into this fake world.

Net Worth Wipeout: Massive Value Destruction in Tesla, Meta Platforms, and Amazon

2022-10-29

Sea is drowning

Another Cathie Wood Fund Exits Sea After $175 Billion Selloff

2022-10-29

Go go go

Apple Shares Surged 7% After Bright Quarterly Results

2022-10-21

Poor folks can't keep up with the likes of these wealthy giants

Why Occidental Petroleum Could Be Warren Buffett's Next Apple

2022-10-20

Crypto fraudsters everywhere

How the Crypto Titan of Terra Became a Fugitive

2022-10-14

Hmm... Ok

4 Profitable US Growth Stocks That Could Potentially Yield Double-Digit Returns

2022-10-13

hOpe both sides prosper

Win-Win-Win: Coinbase and Google Join Forces

2022-10-06

Those that recently buy property and use bank loan floating rate are really unlucky

7 Singapore Stocks That May Be Impacted as New Property Cooling Measures Imposed

Go to Tiger App to see more news

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FTX&#39;s bankruptcy trustee has yet to sell the stake.</p><p>The AI firm&#39;s several fundraising efforts recently raised hopes that FTX creditors may receive a larger payout should the stake be sold. The U.S. Department of Justice alleges that the $500 million investment in Anthropic in 2022 came from customer funds.</p><p>OpenAI and Anthropic didn&#39;t immediately respond to CoinDesk&#39;s requests for comment.</p><p>OpenAI&#39;s board of directors sacked Altman last week because they no longer had confidence in him to continue leading the company. Microsoft quickly announced that Altman would lead a new advanced AI research team. This has been followed by threats to resign from OpenAI&#39;s employees and attempts by OpenAI&#39;s major investors to reinstate Altman.</p></body></html>","source":"lsy1572937250936","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>FTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer</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\">\nFTX-Backed Anthropic’s CEO Declined OpenAI's Merger Offer\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-11-21 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.coindesk.com/policy/2023/11/21/ftx-backed-anthropics-ceo-declined-openais-merger-offer-the-information/><strong>CoinDesk</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>FTX-backed artificial intelligence company Anthropic's CEO and co-founder Dario Amodei declined an offer from OpenAI's board of directors to merge, according to a report by The Information which cited...</p>\n\n<a href=\"https://www.coindesk.com/policy/2023/11/21/ftx-backed-anthropics-ceo-declined-openais-merger-offer-the-information/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软"},"source_url":"https://www.coindesk.com/policy/2023/11/21/ftx-backed-anthropics-ceo-declined-openais-merger-offer-the-information/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163057727","content_text":"FTX-backed artificial intelligence company Anthropic's CEO and co-founder Dario Amodei declined an offer from OpenAI's board of directors to merge, according to a report by The Information which cited a \"person with direct knowledge.\"The proposal came after OpenAI fired CEO Sam Altman on Friday and the deal had a sweetener – For Amodei to replace Altman as CEO, which he also turned down due to his position at Anthropic, according to the report.\"It’s not clear whether the merger proposal led to any serious discussion,\" the report said.Later, Reuters also reported the offers were made and declined, citing two people briefed on the matter.FTX bought a stake in Anthropic supposedly worth $500 million, according to an internal document circulated before last November’s bankruptcy filing. FTX's bankruptcy trustee has yet to sell the stake.The AI firm's several fundraising efforts recently raised hopes that FTX creditors may receive a larger payout should the stake be sold. The U.S. Department of Justice alleges that the $500 million investment in Anthropic in 2022 came from customer funds.OpenAI and Anthropic didn't immediately respond to CoinDesk's requests for comment.OpenAI's board of directors sacked Altman last week because they no longer had confidence in him to continue leading the company. Microsoft quickly announced that Altman would lead a new advanced AI research team. This has been followed by threats to resign from OpenAI's employees and attempts by OpenAI's major investors to reinstate Altman.","news_type":1},"isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199106391089424,"gmtCreate":1689646009161,"gmtModify":1689646013026,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Oh yeah&nbsp;","listText":"Oh yeah&nbsp;","text":"Oh yeah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199106391089424","repostId":"2352750610","repostType":4,"repost":{"id":"2352750610","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":1689637500,"share":"https://www.laohu8.com/m/news/2352750610?lang=&edition=full","pubTime":"2023-07-18 07:45","market":"us","language":"en","title":"Apple Stock Hits a Record as Analysts Flag Revenue from India","url":"https://stock-news.laohu8.com/highlight/detail?id=2352750610","media":"Dow Jones","summary":"Apple’s stock extended its rally on Monday, closing at a record high, after Morgan Stanley analysts quantified the opportunity that lies ahead for the company as it expands in India.Apple’s stock (tic","content":"<html><head></head><body><p style=\"text-align: start;\">Apple’s stock extended its rally on Monday, closing at a record high, after Morgan Stanley analysts quantified the opportunity that lies ahead for the company as it expands in India.</p><p style=\"text-align: start;\">Apple’s stock (ticker: AAPL) closed up 1.7% to $193.99 on Monday, the largest one-day percentage increase this month, marking four straight days of gains. It was the first record high since June 30.</p><p>In a Sunday note, Morgan Stanley analyst Erik Woodring and his group, including Saurabh Mehta from the firm’s India team, reiterated an Overweight call, the equivalent of Buy, on Apple. The firm raised its price target to $220 from $190 earlier, implying that the stock could rise more than 15.5% from Friday’s close by July 2024.</p><p>Morgan Stanley’s bullish take stems from the firm’s estimate that India can add over 170 million new Apple users. The analysts say revenue from India can grow at a compounded annual rate of more than 20% to reach nearly $40 billion over the next 10 years. In 2022, revenue from India was almost $6 billion, according to unidentified sources cited by Reuters and Bloomberg in April, while Apple reported an overall total of $394 billion.</p><p>The forecast is based on data from Morgan Stanley’s new AlphaWise India Smartphone Survey, which polled more than 3,000 urban smartphone owners.</p><p>“The survey results positively surprised us,” the team wrote, saying more people intend to buy Apple phones as perceptions about the brand improve. The upshot is that Apple has an opportunity to win customers away from the Android operating system, they said.</p><p>An iPhone SE, one of the lowest-priced models, can cost about $600 in India based on current exchange rates, putting the phones in the premium segment of the market. That segment reached a double-digit share of the market, at 11% of India’s smartphone shipments, for the first time last year, according to Counterpoint Research data.</p><p>Apple’s India growth story took wings in April when the company opened its first store in Mumbai, followed by a New Delhi outlet. According to local media, government officials have proposed that Apple produce goods worth $50 billion a year in India over the next five to six years under Prime Minister Narendra Modi’s “Make in India” program, which is intended to boost the manufacturing sector.</p><p>On a May call discussing Apple’s earnings, CEO Tim Cook said that he sees opportunity across the board, including in services, rather than only in iPhones, in India.</p><p>“Obviously, the average revenue per user are [much] lower in India for whether you’re talking about TV and movie streaming or music,” he said. “But if you look at it over a long arc of time, I think there’s a good opportunity across the board.”</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>Apple Stock Hits a Record as Analysts Flag Revenue from India</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\">\nApple Stock Hits a Record as Analysts Flag Revenue from India\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\">2023-07-18 07:45</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p style=\"text-align: start;\">Apple’s stock extended its rally on Monday, closing at a record high, after Morgan Stanley analysts quantified the opportunity that lies ahead for the company as it expands in India.</p><p style=\"text-align: start;\">Apple’s stock (ticker: AAPL) closed up 1.7% to $193.99 on Monday, the largest one-day percentage increase this month, marking four straight days of gains. It was the first record high since June 30.</p><p>In a Sunday note, Morgan Stanley analyst Erik Woodring and his group, including Saurabh Mehta from the firm’s India team, reiterated an Overweight call, the equivalent of Buy, on Apple. The firm raised its price target to $220 from $190 earlier, implying that the stock could rise more than 15.5% from Friday’s close by July 2024.</p><p>Morgan Stanley’s bullish take stems from the firm’s estimate that India can add over 170 million new Apple users. The analysts say revenue from India can grow at a compounded annual rate of more than 20% to reach nearly $40 billion over the next 10 years. In 2022, revenue from India was almost $6 billion, according to unidentified sources cited by Reuters and Bloomberg in April, while Apple reported an overall total of $394 billion.</p><p>The forecast is based on data from Morgan Stanley’s new AlphaWise India Smartphone Survey, which polled more than 3,000 urban smartphone owners.</p><p>“The survey results positively surprised us,” the team wrote, saying more people intend to buy Apple phones as perceptions about the brand improve. The upshot is that Apple has an opportunity to win customers away from the Android operating system, they said.</p><p>An iPhone SE, one of the lowest-priced models, can cost about $600 in India based on current exchange rates, putting the phones in the premium segment of the market. That segment reached a double-digit share of the market, at 11% of India’s smartphone shipments, for the first time last year, according to Counterpoint Research data.</p><p>Apple’s India growth story took wings in April when the company opened its first store in Mumbai, followed by a New Delhi outlet. According to local media, government officials have proposed that Apple produce goods worth $50 billion a year in India over the next five to six years under Prime Minister Narendra Modi’s “Make in India” program, which is intended to boost the manufacturing sector.</p><p>On a May call discussing Apple’s earnings, CEO Tim Cook said that he sees opportunity across the board, including in services, rather than only in iPhones, in India.</p><p>“Obviously, the average revenue per user are [much] lower in India for whether you’re talking about TV and movie streaming or music,” he said. “But if you look at it over a long arc of time, I think there’s a good opportunity across the board.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2352750610","content_text":"Apple’s stock extended its rally on Monday, closing at a record high, after Morgan Stanley analysts quantified the opportunity that lies ahead for the company as it expands in India.Apple’s stock (ticker: AAPL) closed up 1.7% to $193.99 on Monday, the largest one-day percentage increase this month, marking four straight days of gains. It was the first record high since June 30.In a Sunday note, Morgan Stanley analyst Erik Woodring and his group, including Saurabh Mehta from the firm’s India team, reiterated an Overweight call, the equivalent of Buy, on Apple. The firm raised its price target to $220 from $190 earlier, implying that the stock could rise more than 15.5% from Friday’s close by July 2024.Morgan Stanley’s bullish take stems from the firm’s estimate that India can add over 170 million new Apple users. The analysts say revenue from India can grow at a compounded annual rate of more than 20% to reach nearly $40 billion over the next 10 years. In 2022, revenue from India was almost $6 billion, according to unidentified sources cited by Reuters and Bloomberg in April, while Apple reported an overall total of $394 billion.The forecast is based on data from Morgan Stanley’s new AlphaWise India Smartphone Survey, which polled more than 3,000 urban smartphone owners.“The survey results positively surprised us,” the team wrote, saying more people intend to buy Apple phones as perceptions about the brand improve. The upshot is that Apple has an opportunity to win customers away from the Android operating system, they said.An iPhone SE, one of the lowest-priced models, can cost about $600 in India based on current exchange rates, putting the phones in the premium segment of the market. That segment reached a double-digit share of the market, at 11% of India’s smartphone shipments, for the first time last year, according to Counterpoint Research data.Apple’s India growth story took wings in April when the company opened its first store in Mumbai, followed by a New Delhi outlet. According to local media, government officials have proposed that Apple produce goods worth $50 billion a year in India over the next five to six years under Prime Minister Narendra Modi’s “Make in India” program, which is intended to boost the manufacturing sector.On a May call discussing Apple’s earnings, CEO Tim Cook said that he sees opportunity across the board, including in services, rather than only in iPhones, in India.“Obviously, the average revenue per user are [much] lower in India for whether you’re talking about TV and movie streaming or music,” he said. “But if you look at it over a long arc of time, I think there’s a good opportunity across the board.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":142,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9920433438,"gmtCreate":1670540206524,"gmtModify":1676538387289,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Continue to grow please","listText":"Continue to grow please","text":"Continue to grow please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9920433438","repostId":"2289465273","repostType":4,"repost":{"id":"2289465273","pubTimestamp":1670466439,"share":"https://www.laohu8.com/m/news/2289465273?lang=&edition=full","pubTime":"2022-12-08 10:27","market":"us","language":"en","title":"Here's Why AMD Stock Rose 29% in November","url":"https://stock-news.laohu8.com/highlight/detail?id=2289465273","media":"Motley Fool","summary":"Investors love this semiconductor stock's opportunity in the data center market.","content":"<html><head></head><body><h2>What happened</h2><p>Shares of <a href=\"https://laohu8.com/S/AMD\">AMD </a> climbed 29.3% in November following a positive earnings announcement, a new product announcement, and analyst upgrades. Investors are bullish about the semiconductor stock&#39;s momentum in the data center industry, which is an enormous market that&#39;s growing quickly.</p><h2>So what</h2><p>AMD&#39;s third-quarter earnings report impressed Wall Street, even though it cut revenue forecasts for the remainder of the year. The chipmaker is struggling with a weak global PC market, but the company still reported nearly 30% growth in the third quarter. Its data center segment is the primary catalyst for that growth, and it seems like that momentum will continue.</p><p>AMD&#39;s server processor market share now stands above 27%, and it&#39;s expected to exceed 30% next year. Numerous high-profile producers of server hardware use AMD chips, giving the semiconductor leader exposure to all of the major cloud computing leaders. That&#39;s an enviable spot to occupy.</p><p>More good news followed earnings, as AMD stock was upgraded by two different analysts. The company also announced a new generation of data center chips. This instilled confidence that AMD would continue winning market share in this high-growth industry.</p><h2>Now what</h2><p>AMD has struggled through the first week of December, giving back a chunk of the previous month&#39;s gains. The stock&#39;s forward P/E ratio is currently below 19, which is an attractive level if there&#39;s significant long-term opportunity in the data center market. That sort of valuation is more common among low-growth stocks or companies with financial health concerns, neither of which really apply to AMD. The semiconductor stock doesn&#39;t carry meaningful debt, and Wall Street is expecting around 6% growth next year.</p><p>It won&#39;t exactly be smooth sailing for AMD in the short term. Its PC business, which has traditionally carried the stock, is likely to suffer for at least the next few quarters as consumers pull back on big-ticket spending. Semiconductor stocks are notoriously cyclical, and demand for computer components can drop quickly as inventories build up.That leads to simultaneous declines in pricing and sales volumes, which can crush cash flows in the short term. New generations of semiconductors are developed quickly, so there&#39;s no guarantee that market leaders will retain their position heading into the next cycle.</p><p>Valuations for established semiconductor stocks reflect the cyclicality intense competition of the industry, so they generally don&#39;t receive the lofty valuation ratios of software companies. AMD&#39;s forward P/E ratio might creep a bit higher, but don&#39;t expect it to drastically increase. Instead, today&#39;s buyers should be anticipating profit growth when the PC sector turns around to complement the growth in data center applications.</p></body></html>","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>Here's Why AMD Stock Rose 29% in November</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\">\nHere's Why AMD Stock Rose 29% in November\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-08 10:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/12/07/heres-why-amd-stock-rose-29-in-november/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happenedShares of AMD  climbed 29.3% in November following a positive earnings announcement, a new product announcement, and analyst upgrades. Investors are bullish about the semiconductor stock'...</p>\n\n<a href=\"https://www.fool.com/investing/2022/12/07/heres-why-amd-stock-rose-29-in-november/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://www.fool.com/investing/2022/12/07/heres-why-amd-stock-rose-29-in-november/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2289465273","content_text":"What happenedShares of AMD  climbed 29.3% in November following a positive earnings announcement, a new product announcement, and analyst upgrades. Investors are bullish about the semiconductor stock's momentum in the data center industry, which is an enormous market that's growing quickly.So whatAMD's third-quarter earnings report impressed Wall Street, even though it cut revenue forecasts for the remainder of the year. The chipmaker is struggling with a weak global PC market, but the company still reported nearly 30% growth in the third quarter. Its data center segment is the primary catalyst for that growth, and it seems like that momentum will continue.AMD's server processor market share now stands above 27%, and it's expected to exceed 30% next year. Numerous high-profile producers of server hardware use AMD chips, giving the semiconductor leader exposure to all of the major cloud computing leaders. That's an enviable spot to occupy.More good news followed earnings, as AMD stock was upgraded by two different analysts. The company also announced a new generation of data center chips. This instilled confidence that AMD would continue winning market share in this high-growth industry.Now whatAMD has struggled through the first week of December, giving back a chunk of the previous month's gains. The stock's forward P/E ratio is currently below 19, which is an attractive level if there's significant long-term opportunity in the data center market. That sort of valuation is more common among low-growth stocks or companies with financial health concerns, neither of which really apply to AMD. The semiconductor stock doesn't carry meaningful debt, and Wall Street is expecting around 6% growth next year.It won't exactly be smooth sailing for AMD in the short term. Its PC business, which has traditionally carried the stock, is likely to suffer for at least the next few quarters as consumers pull back on big-ticket spending. Semiconductor stocks are notoriously cyclical, and demand for computer components can drop quickly as inventories build up.That leads to simultaneous declines in pricing and sales volumes, which can crush cash flows in the short term. New generations of semiconductors are developed quickly, so there's no guarantee that market leaders will retain their position heading into the next cycle.Valuations for established semiconductor stocks reflect the cyclicality intense competition of the industry, so they generally don't receive the lofty valuation ratios of software companies. AMD's forward P/E ratio might creep a bit higher, but don't expect it to drastically increase. Instead, today's buyers should be anticipating profit growth when the PC sector turns around to complement the growth in data center applications.","news_type":1},"isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967555587,"gmtCreate":1670365190249,"gmtModify":1676538350910,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Twitter and facebook are two dumb platforms&nbsp;","listText":"Twitter and facebook are two dumb platforms&nbsp;","text":"Twitter and facebook are two dumb platforms","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967555587","repostId":"1180280438","repostType":4,"repost":{"id":"1180280438","pubTimestamp":1670203880,"share":"https://www.laohu8.com/m/news/1180280438?lang=&edition=full","pubTime":"2022-12-05 09:31","market":"us","language":"en","title":"How Apple and Twitter Could Avoid a War While Saving Musk 30%","url":"https://stock-news.laohu8.com/highlight/detail?id=1180280438","media":"Bloomberg","summary":"Elon Musk and Apple both have a lot to lose if Twitter gets removed from the App Store, but there ar","content":"<html><head></head><body><p>Elon Musk and Apple both have a lot to lose if Twitter gets removed from the App Store, but there are paths to avoiding that. Also: Apple’s Arizona chip plans become clearer, another pair of top executives depart, and the company’s xrOS-based headset approaches.</p><p>Last time in Power On: Twitter’s survival as a subscription service relies on Apple and Google.</p><h3>The Starters</h3><p>Elon Musk and Apple Inc. each have a lot to lose if Twitter gets booted from the App Store. But there’s a solution for both parties to avoid a fight, while giving Musk exactly what he wants.</p><p>First off, it’s clear that Twitter would struggle to survive an all-out war with Apple. The App Store provides access to more than 1.5 billion devices, and it’s a top way for people to get the Twitter app. Musk has said that he could build his own phone and operating system—letting him sidestep Apple and Google—but the complexity of that endeavor makes it highly unlikely.</p><p>Apple, too, would have a catastrophe on its hands. If the company blocks Twitter, its top executives could end up testifying on Capitol Hill for weeks. The Apple brand would be tarnished and seen as politically biased. And, of course, the platform would no longer have Twitter—an app that helps keep consumers glued to Apple devices.</p><p>It’s no accident that Musk called his skirmish with Apple a “battle for the future of civilization” and accused the company of censorship—despite his bigger gripe with Apple being about its fees. Musk is signaling to lawmakers and the court of public opinion that if Apple removes Twitter or stifles it in any way, the tech giant is doing so to limit free speech.</p><p>The reality is that Apple will give Twitter an unprecedented amount of leeway and only pull the app if it violates the App Store’s golden rule: You Must Give Apple 30%.</p><p>That commission is a serious problem for Musk. He recently spent $44 billion on Twitter, which he has acknowledged was too much. Musk has made it clear he hopes to fix up Twitter and resell it or take it public within three years. He’s also promised to make Twitter more subscription-centric and add new features and upgrades to improve the bottom line.</p><p>But turning Twitter into a full-on subscription business, with the goal of making back his money in three years, is probably next to impossible—especially when you factor in that Apple is going to take 30% of that money off the top before taxes. Making matters worse, Apple has cut back on its advertising spending on Twitter. (Musk said over the weekend that the ad spending has been restored.)</p><p>So it’s perhaps no surprise that Musk, a billionaire businessman, went off on Apple this past week. He understands that the iPhone maker is an impediment to his financial goals. And he’s using the idea of free speech to protect himself.</p><p>That’s why Tim Cook, Apple’s chief executive officer, needed to step in and calm tensions. The two men met at Apple’s headquarters last week, and Musk said he was told that Apple never contemplated removing the Twitter app—walking back an idea that, to be clear, was suggested by Musk himself.</p><p>But the standoff may not be over. If Musk tries to circumvent Apple’s App Store fees, Cook will indeed be in the position of having to decide whether to pull Twitter.</p><p>On the surface that sounds like a difficult decision, but there really isn’t a choice: If Twitter puts its own payment system within the app and bypasses Apple’s fees, Cook will need to follow his own rules and remove the app (probably after offering Musk a few days to change his mind).</p><p>There are probably plenty of people who might argue that society is better off if Musk’s Twitter is booted from the store given its more hands-off approach to content moderation and suspending accounts. But it’s clear that Cook doesn’t want it to come to this.</p><p>It’s not about the money that Apple would lose from Twitter fees, but the risk of a crisis within the larger ecosystem. If Musk publicly flouts Apple’s rules, that will set off a domino effect of other apps looking to do the same. The entire App Store business model could come crashing down.</p><p>So Cook needed to calm Musk. The question now is how long the truce may last. No matter what was discussed in their meeting at the Apple Park headquarters in Cupertino, California, it’s unlikely Musk will just quietly accept the 30% fee (a commission the Tesla Inc. magnate has criticized for years).</p><p>The good news is there’s a perfectly legal solution (if you consider Apple’s App Store guidelines the law) that will let both companies avoid a crisis—while still allowing Musk to get his full $8 for Twitter Blue subscriptions.</p><p>Twitter can build a website to take payments online for the Blue service and other subscriptions and then urge users to sign up for the social network on the web. When users then log in to Twitter on their iPhone or iPad, that subscription will be unlocked without the payment having to be processed through Apple.</p><p>That would save Musk the 30%, minus any credit card processing fees. This is legal because of section 3.1.3(b) of the App Store guidelines, known as the Multiplatform Services rule, which says that subscriptions can carry over from other platforms—including the web—so long as they are also available through in-app purchase.</p><p>Musk can charge his $8 on the web and then add 30% to that price (making it $10 to $11) for the version through the Twitter app on the iPhone. Then he gets his $8 either way, but it encourages users to use the web method.</p><p>The caveat is Musk can’t promote the web payment plan anywhere within the app, so the change may require a marketing push.</p><p>By carefully leveraging the App Store rules, Musk could essentially circumvent Apple’s 30% cut and keep his app on the App Store, avoiding a dilemma for both himself and Apple. And I think Cook and Apple would consider that a win too.</p><h3>The Bench</h3><p>Apple’s plan to produce chips in Arizona gets clearer. I wrote weeks ago that Apple would be sourcing chips from a plant in Arizona, and now we have a bit more detail. The company will indeed be producing chips with Taiwan Semiconductor Manufacturing Co. at its partner’s facility set to open in 2024.</p><p>While the factory was initially only supposed to produce 5-nanometer processors at the outset, it’s now poised to have 4-nanometer capabilities when it goes online. (Generally speaking, the smaller the number of nanometers, the more advanced the chip.) That means the factory will be a whole lot more useful to Apple.</p><p>It’s also a win for efforts to bring chip production back to the US, at least in a limited way. Now the question is whether Apple may try to shift other manufacturing to its home country. For now, that doesn’t seem likely—aside from the occasional small project like producing the Mac Pro in Texas. Even that product isn’t guaranteed to stay in the US. Apple is readying a new model with homegrown chips, and it’s unclear if it will be made domestically.</p><p>pple changes name of realityOS to xrOS as headset launch approaches. For the past seven years or so, Apple has referred to its upcoming mixed-reality operating system as “realityOS” or “rOS.” That changed recently, suggesting that Apple is finally gearing up for a launch of its long-anticipated headset. The operating system’s name is now the simpler “xrOS.”</p><p>Besides being less of a mouthful, the use of “xr” instead of “reality” helps Apple signal that it’s not just doing augmented reality or virtual reality—it’s pursuing a truly mixed-reality experience. The “xr” term is also easily used globally (whereas “reality” may be difficult to translate) and fits alongside iOS, macOS, tvOS, iPadOS and watchOS.</p><p>In addition to making the name change internally, Apple appears to have filed applications in several countries for the xrOS name, a sign the company is locking in that brand for the final product. As for the headset itself, I am still expecting a launch in 2023.</p><h3>Roster Changes</h3><p><b>Another two Apple vice presidents depart.</b>With more top executives leaving Apple, the turnover is reaching the point where it might be cause for concern.</p><p>In one of the latest moves, Apple’s John Stauffer hasexited for a role at Roblox Corp., the gaming platform. He had served as a vice president of software engineering in charge of the Interactive Media Group, which oversees graphics, displays, FaceTime and streaming features like AirPlay. Second: Laura Legros has retired. She was a vice president of hardware engineering and introduced new MacBook Air and iPad models at launches in recent years.</p><p>The vice president role at Apple is the most senior level below Tim Cook’s executive team of senior vice presidents, and now a significant number are stepping down. Let’s recap the VPs and other high-level executives who have departed—or announced the intention to leave—in the past few months:</p><ul><li>Evans Hankey, vice president of industrial design</li><li>Mary Demby, chief information officer</li><li>Jane Horvath, chief privacy officer</li><li>David Smoley, vice president of software engineering</li><li>John Stauffer, vice president of software engineering</li><li>Anna Matthiasson, vice president of online retail</li><li>Tony Blevins, vice president of procurement</li><li>Laura Legros, vice president of hardware engineering</li></ul><p>I wouldn’t be surprised to see at least a couple more people leave in the coming weeks. The number of Apple vice presidents is roughly 100, so having so many depart in such a short period of time certainly stands out—as does the ongoing brain drain in key departments, such as thecritical industrial designteam.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Apple and Twitter Could Avoid a War While Saving Musk 30%</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Apple and Twitter Could Avoid a War While Saving Musk 30%\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 09:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/newsletters/2022-12-04/why-apple-s-aapl-tim-cook-and-elon-musk-avoided-war-over-twitter-lb9h6r0f?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Elon Musk and Apple both have a lot to lose if Twitter gets removed from the App Store, but there are paths to avoiding that. Also: Apple’s Arizona chip plans become clearer, another pair of top ...</p>\n\n<a href=\"https://www.bloomberg.com/news/newsletters/2022-12-04/why-apple-s-aapl-tim-cook-and-elon-musk-avoided-war-over-twitter-lb9h6r0f?srnd=premium-asia\">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","TWTR":"Twitter"},"source_url":"https://www.bloomberg.com/news/newsletters/2022-12-04/why-apple-s-aapl-tim-cook-and-elon-musk-avoided-war-over-twitter-lb9h6r0f?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180280438","content_text":"Elon Musk and Apple both have a lot to lose if Twitter gets removed from the App Store, but there are paths to avoiding that. Also: Apple’s Arizona chip plans become clearer, another pair of top executives depart, and the company’s xrOS-based headset approaches.Last time in Power On: Twitter’s survival as a subscription service relies on Apple and Google.The StartersElon Musk and Apple Inc. each have a lot to lose if Twitter gets booted from the App Store. But there’s a solution for both parties to avoid a fight, while giving Musk exactly what he wants.First off, it’s clear that Twitter would struggle to survive an all-out war with Apple. The App Store provides access to more than 1.5 billion devices, and it’s a top way for people to get the Twitter app. Musk has said that he could build his own phone and operating system—letting him sidestep Apple and Google—but the complexity of that endeavor makes it highly unlikely.Apple, too, would have a catastrophe on its hands. If the company blocks Twitter, its top executives could end up testifying on Capitol Hill for weeks. The Apple brand would be tarnished and seen as politically biased. And, of course, the platform would no longer have Twitter—an app that helps keep consumers glued to Apple devices.It’s no accident that Musk called his skirmish with Apple a “battle for the future of civilization” and accused the company of censorship—despite his bigger gripe with Apple being about its fees. Musk is signaling to lawmakers and the court of public opinion that if Apple removes Twitter or stifles it in any way, the tech giant is doing so to limit free speech.The reality is that Apple will give Twitter an unprecedented amount of leeway and only pull the app if it violates the App Store’s golden rule: You Must Give Apple 30%.That commission is a serious problem for Musk. He recently spent $44 billion on Twitter, which he has acknowledged was too much. Musk has made it clear he hopes to fix up Twitter and resell it or take it public within three years. He’s also promised to make Twitter more subscription-centric and add new features and upgrades to improve the bottom line.But turning Twitter into a full-on subscription business, with the goal of making back his money in three years, is probably next to impossible—especially when you factor in that Apple is going to take 30% of that money off the top before taxes. Making matters worse, Apple has cut back on its advertising spending on Twitter. (Musk said over the weekend that the ad spending has been restored.)So it’s perhaps no surprise that Musk, a billionaire businessman, went off on Apple this past week. He understands that the iPhone maker is an impediment to his financial goals. And he’s using the idea of free speech to protect himself.That’s why Tim Cook, Apple’s chief executive officer, needed to step in and calm tensions. The two men met at Apple’s headquarters last week, and Musk said he was told that Apple never contemplated removing the Twitter app—walking back an idea that, to be clear, was suggested by Musk himself.But the standoff may not be over. If Musk tries to circumvent Apple’s App Store fees, Cook will indeed be in the position of having to decide whether to pull Twitter.On the surface that sounds like a difficult decision, but there really isn’t a choice: If Twitter puts its own payment system within the app and bypasses Apple’s fees, Cook will need to follow his own rules and remove the app (probably after offering Musk a few days to change his mind).There are probably plenty of people who might argue that society is better off if Musk’s Twitter is booted from the store given its more hands-off approach to content moderation and suspending accounts. But it’s clear that Cook doesn’t want it to come to this.It’s not about the money that Apple would lose from Twitter fees, but the risk of a crisis within the larger ecosystem. If Musk publicly flouts Apple’s rules, that will set off a domino effect of other apps looking to do the same. The entire App Store business model could come crashing down.So Cook needed to calm Musk. The question now is how long the truce may last. No matter what was discussed in their meeting at the Apple Park headquarters in Cupertino, California, it’s unlikely Musk will just quietly accept the 30% fee (a commission the Tesla Inc. magnate has criticized for years).The good news is there’s a perfectly legal solution (if you consider Apple’s App Store guidelines the law) that will let both companies avoid a crisis—while still allowing Musk to get his full $8 for Twitter Blue subscriptions.Twitter can build a website to take payments online for the Blue service and other subscriptions and then urge users to sign up for the social network on the web. When users then log in to Twitter on their iPhone or iPad, that subscription will be unlocked without the payment having to be processed through Apple.That would save Musk the 30%, minus any credit card processing fees. This is legal because of section 3.1.3(b) of the App Store guidelines, known as the Multiplatform Services rule, which says that subscriptions can carry over from other platforms—including the web—so long as they are also available through in-app purchase.Musk can charge his $8 on the web and then add 30% to that price (making it $10 to $11) for the version through the Twitter app on the iPhone. Then he gets his $8 either way, but it encourages users to use the web method.The caveat is Musk can’t promote the web payment plan anywhere within the app, so the change may require a marketing push.By carefully leveraging the App Store rules, Musk could essentially circumvent Apple’s 30% cut and keep his app on the App Store, avoiding a dilemma for both himself and Apple. And I think Cook and Apple would consider that a win too.The BenchApple’s plan to produce chips in Arizona gets clearer. I wrote weeks ago that Apple would be sourcing chips from a plant in Arizona, and now we have a bit more detail. The company will indeed be producing chips with Taiwan Semiconductor Manufacturing Co. at its partner’s facility set to open in 2024.While the factory was initially only supposed to produce 5-nanometer processors at the outset, it’s now poised to have 4-nanometer capabilities when it goes online. (Generally speaking, the smaller the number of nanometers, the more advanced the chip.) That means the factory will be a whole lot more useful to Apple.It’s also a win for efforts to bring chip production back to the US, at least in a limited way. Now the question is whether Apple may try to shift other manufacturing to its home country. For now, that doesn’t seem likely—aside from the occasional small project like producing the Mac Pro in Texas. Even that product isn’t guaranteed to stay in the US. Apple is readying a new model with homegrown chips, and it’s unclear if it will be made domestically.pple changes name of realityOS to xrOS as headset launch approaches. For the past seven years or so, Apple has referred to its upcoming mixed-reality operating system as “realityOS” or “rOS.” That changed recently, suggesting that Apple is finally gearing up for a launch of its long-anticipated headset. The operating system’s name is now the simpler “xrOS.”Besides being less of a mouthful, the use of “xr” instead of “reality” helps Apple signal that it’s not just doing augmented reality or virtual reality—it’s pursuing a truly mixed-reality experience. The “xr” term is also easily used globally (whereas “reality” may be difficult to translate) and fits alongside iOS, macOS, tvOS, iPadOS and watchOS.In addition to making the name change internally, Apple appears to have filed applications in several countries for the xrOS name, a sign the company is locking in that brand for the final product. As for the headset itself, I am still expecting a launch in 2023.Roster ChangesAnother two Apple vice presidents depart.With more top executives leaving Apple, the turnover is reaching the point where it might be cause for concern.In one of the latest moves, Apple’s John Stauffer hasexited for a role at Roblox Corp., the gaming platform. He had served as a vice president of software engineering in charge of the Interactive Media Group, which oversees graphics, displays, FaceTime and streaming features like AirPlay. Second: Laura Legros has retired. She was a vice president of hardware engineering and introduced new MacBook Air and iPad models at launches in recent years.The vice president role at Apple is the most senior level below Tim Cook’s executive team of senior vice presidents, and now a significant number are stepping down. Let’s recap the VPs and other high-level executives who have departed—or announced the intention to leave—in the past few months:Evans Hankey, vice president of industrial designMary Demby, chief information officerJane Horvath, chief privacy officerDavid Smoley, vice president of software engineeringJohn Stauffer, vice president of software engineeringAnna Matthiasson, vice president of online retailTony Blevins, vice president of procurementLaura Legros, vice president of hardware engineeringI wouldn’t be surprised to see at least a couple more people leave in the coming weeks. The number of Apple vice presidents is roughly 100, so having so many depart in such a short period of time certainly stands out—as does the ongoing brain drain in key departments, such as thecritical industrial designteam.","news_type":1},"isVote":1,"tweetType":1,"viewCount":204,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9967552816,"gmtCreate":1670365078336,"gmtModify":1676538350872,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"How a person can change a stagnant company with predictable contents?&nbsp;","listText":"How a person can change a stagnant company with predictable contents?&nbsp;","text":"How a person can change a stagnant company with predictable contents?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9967552816","repostId":"1174548598","repostType":4,"repost":{"id":"1174548598","pubTimestamp":1670231860,"share":"https://www.laohu8.com/m/news/1174548598?lang=&edition=full","pubTime":"2022-12-05 17:17","market":"us","language":"en","title":"Should You Buy Disney Now That CEO Iger Is Back?","url":"https://stock-news.laohu8.com/highlight/detail?id=1174548598","media":"TipRanks","summary":"Story HighlightsDisney recently announced that its previous CEO Bob Iger will replace CEO Bob Chapek","content":"<div>\n<p>Story HighlightsDisney recently announced that its previous CEO Bob Iger will replace CEO Bob Chapek. With the rejoined CEO, the company’s streaming business is expected to quickly approach the ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/should-you-buy-disney-nyse-dis-after-ceo-iger-rejoins\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Should You Buy Disney Now That CEO Iger Is Back?</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\">\nShould You Buy Disney Now That CEO Iger Is Back?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 17:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/should-you-buy-disney-nyse-dis-after-ceo-iger-rejoins><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsDisney recently announced that its previous CEO Bob Iger will replace CEO Bob Chapek. With the rejoined CEO, the company’s streaming business is expected to quickly approach the ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/should-you-buy-disney-nyse-dis-after-ceo-iger-rejoins\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼"},"source_url":"https://www.tipranks.com/news/article/should-you-buy-disney-nyse-dis-after-ceo-iger-rejoins","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174548598","content_text":"Story HighlightsDisney recently announced that its previous CEO Bob Iger will replace CEO Bob Chapek. With the rejoined CEO, the company’s streaming business is expected to quickly approach the profitability lane.A lot has happened at the Walt Disney Company (NYSE: DIS) that has caught investors’ attention. On November 8, the entertainment behemoth reported dismal Q4 results where EPS of $0.30 fell below the street’s expectations of $0.56 per share. To bring a turnaround, its former CEO, Robert Iger, is back at the helm, succeeding CEO Bob Chapek. The street is bullish on the move, and so am I, given the strong business fundamentals and long-term growth drivers attached to the Disney brand.Business Initiatives Under CEO Robert IgerRobert Iger served as Disney’s CEO for 15 years and has agreed to lead the company once again for a two-year stint. Since Iger will not reign as the CEO for too long, another transition will soon be in the cards. Until then, let’s take a peek at the plans set forth by the leadership change. On November 29, Disney filed its annual report. It provided further details on the future course of action under the leadership of returning CEO Bob Iger, who intends to make a number of strategic moves, including organizational and operating changes.According to the SEC filing, “While the plans are in early stages, changes in our structure and operations, including within DMED (and including possibly our distribution approach and the businesses/distribution platforms selected for the initial distribution of content), can be expected.”The company will now emphasize the distribution of content through direct-to-consumer (DTC) streaming services instead of traditional distribution methods. During Fiscal Year 2023, Disney expects to release 20 films. Out of that, certain films will be distributed exclusively on DTC streaming services in certain regions.As a result, the Direct-to-Consumer segment will report higher revenues and costs. Likewise, lower revenues and costs will be associated with the Content Sales/Licensing and Linear Networks segment.In addition, under the erstwhile CEO Bob Chapek, numerous films were moved directly to Disney+, much to the dislike of producers. However, things may change for the better, as the trend of the pre-pandemic era is expected to return with more theater releases under CEO Bob Iger’s tenure.Streaming Will be the Long-Term Growth DriverBob Iger’s topmost priority is to ensure that the company’s streaming business turns profitable. Disney’s streaming services are expected to be a significant growth driver for the company in the coming years. It includes Disney+, ESPN+, Hulu, Disney+ Hotstar, and Star+.Disney+ has done well in a short span of three years. Currently, the Disney+ streaming platform ranks as the third largest streaming platform, with 164 million subscriptions. Netflix is the leader with 223 million subscribers, followed by Amazon with 200 million subscriptions. However, Disney+ is still losing money and is expected to turn a profit in Fiscal Year 2024.Nonetheless, in the long run, Disney should be able to have an edge in the streaming industry versus peers based on its strong business franchise, world-class titles, and industry-leading skill sets. On top of that, Disney has a competitive advantage as it owns the content studios that make original films and TV series. On the other hand, its peers, like Netflix (NASDAQ: NFLX), pay a fortune to rent the content for a few years.Separately, the company continues to make amusement park upgrades with introductions of new attractions and growth initiatives. Its investments and upgrades are backed by a strong balance sheet and healthy cash flows.Is Disney a Buy or Sell?The Wall Street community is optimistic about Disney stock. Overall, the stock commands a Strong Buy consensus rating based on 17 Buys and four Holds assigned in the past three months. Disney’s average price target of $121.35 implies a 22.23% upside potential from current levels.Concluding Thoughts: Wall Street is Optimistic About Iger’s ReturnDisney stock has lost more than 37% of its market capitalization on a year-to-date basis. It was only a year ago that the company touched its all-time high of $197. Currently, the stock is trading approximately $100 lower than those highs. CEO Bob Iger’s return may mean a lot of things. To some, it may mean an indication of troubled waters ahead. To others, it may give a ray of hope toward a quick path to profitability. While only time will tell if the transition will turn out successful, the street considers it to be a positive move and is bullish on Disney stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":194,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966648251,"gmtCreate":1669526653173,"gmtModify":1676538205084,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"I am laughing at those dumbos who bought NFT and metaverse land plots fir millions","listText":"I am laughing at those dumbos who bought NFT and metaverse land plots fir millions","text":"I am laughing at those dumbos who bought NFT and metaverse land plots fir millions","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966648251","repostId":"2286343743","repostType":4,"repost":{"id":"2286343743","pubTimestamp":1669359955,"share":"https://www.laohu8.com/m/news/2286343743?lang=&edition=full","pubTime":"2022-11-25 15:05","market":"other","language":"en","title":"3 Cryptos to Avoid No Matter What","url":"https://stock-news.laohu8.com/highlight/detail?id=2286343743","media":"Motley Fool","summary":"The future looks bleak for these cryptocurrencies.","content":"<html><head></head><body><p>The bankruptcy of FTX and rapid drop in the <b>FTX Token</b> has caused a lot of investors to rethink the value in these cryptocurrencies. In particular, project, exchange, and meme tokens should be questioned more than ever.</p><p>Three that I think should be avoided at all costs right now are <b>ApeCoin</b>, <b>BNB</b>, and <b>Dogecoin</b>.</p><h2>ApeCoin&#39;s questionable use cases</h2><p>The launch of ApeCoin was one of the strangest in 2022. Yuga Labs, which launched the Bored Ape Yacht Club and related non-fungible tokens (NFTs), was not technically involved in the token&#39;s launch, but it was given 16% of the tokens at launch and the four Yuga Labs founders were given 8% of the tokens. Launch contributors were given another 14%.</p><p>The remaining 62% of ApeCoin supply was, or will be, claimable by some NFT owners. These are the tokens being traded today. The intention long term is that the ApeCoin will be used in the Bored Ape Yacht Club&#39;s metaverse game, but there&#39;s currently no game and no launch date.</p><p>What we don&#39;t know is what value the token has or why it deserves to have a $3.1 billion fully diluted market capitalization. Proponents might claim value in a decentralized autonomous organization (DAO) or staking, but these have never proven to deliver long-term value to investors.</p><p>Someday, Yuga Labs could provide a use case for the token that provides real value, but until it does, investors should be skeptical. The reality is that no one knows if Bored Apes or their game will have any value a year from now, and I think the token will be far less valuable than it is today.</p><h2>BNB is another exchange token</h2><p>The Binance Coin has a total value of $51.3 billion and has limited uses. According to the token&#39;s site, you can &#34;use BNB to pay for goods and services, settle transaction fees on Binance Smart Chain, participate in exclusive token sales and more.&#34;</p><p>There&#39;s also a BNB Chain ecosystem, which gives the token more utility. But this is ultimately a token tied to Binance&#39;s exchange business, and we saw how that ended with FTX. Binance doesn&#39;t have publicly available financials and operates outside of U.S. securities laws, so investors should be skeptical.</p><p>The reality of the BNB token is that it&#39;s reliant on a single company -- Binance -- to generate value. This is a single point of failure that hasn&#39;t worked out well for the FTX, Celsius, and Voyager tokens that have all collapsed in value in large part because their creators went into bankruptcy. I&#39;m not calling for Binance&#39;s bankruptcy, but taking a risk on a token tied to one company isn&#39;t wise after how we&#39;ve seen similar tokens collapse in value.</p><h2>Dogecoin&#39;s meme status might end</h2><p>The Dogecoin community leans into the fact that this was a joke token to begin with. But investing your money is no joke.</p><p>It&#39;s true that Dogecoin has been accepted as payment in some forums, but it&#39;s not taken as seriously by businesses as a stablecoin or even Ethereum or <b>Polygon </b>would be.</p><p>I think the problem today is that meme coins are going to be taken even less seriously in the future. Real businesses will move in and use the blockchain, but they&#39;ll want to be taken seriously with tokens like Ethereum or stablecoins, not a meme with a dog image.</p><p>The rise of Dogecoin was a by-product of the bull market in crypto. That bull market has come to a crashing end, and I think meme coins like Dogecoin will go with it.</p><h2>Stick to the best of the best</h2><p>The future of cryptocurrency is uncertain, but I think investors would be wise to stick with the highest quality and most widely used tokens available. Ethereum and Solana have two of the biggest development communities, and they would be better picks. Right now, being cautious is a wise approach, and one should stay out of tokens that have little to no use cases today.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Cryptos 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\">\n3 Cryptos to Avoid No Matter What\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-25 15:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/24/3-cryptos-to-avoid-no-matter-what/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The bankruptcy of FTX and rapid drop in the FTX Token has caused a lot of investors to rethink the value in these cryptocurrencies. In particular, project, exchange, and meme tokens should be ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/24/3-cryptos-to-avoid-no-matter-what/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/11/24/3-cryptos-to-avoid-no-matter-what/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286343743","content_text":"The bankruptcy of FTX and rapid drop in the FTX Token has caused a lot of investors to rethink the value in these cryptocurrencies. In particular, project, exchange, and meme tokens should be questioned more than ever.Three that I think should be avoided at all costs right now are ApeCoin, BNB, and Dogecoin.ApeCoin's questionable use casesThe launch of ApeCoin was one of the strangest in 2022. Yuga Labs, which launched the Bored Ape Yacht Club and related non-fungible tokens (NFTs), was not technically involved in the token's launch, but it was given 16% of the tokens at launch and the four Yuga Labs founders were given 8% of the tokens. Launch contributors were given another 14%.The remaining 62% of ApeCoin supply was, or will be, claimable by some NFT owners. These are the tokens being traded today. The intention long term is that the ApeCoin will be used in the Bored Ape Yacht Club's metaverse game, but there's currently no game and no launch date.What we don't know is what value the token has or why it deserves to have a $3.1 billion fully diluted market capitalization. Proponents might claim value in a decentralized autonomous organization (DAO) or staking, but these have never proven to deliver long-term value to investors.Someday, Yuga Labs could provide a use case for the token that provides real value, but until it does, investors should be skeptical. The reality is that no one knows if Bored Apes or their game will have any value a year from now, and I think the token will be far less valuable than it is today.BNB is another exchange tokenThe Binance Coin has a total value of $51.3 billion and has limited uses. According to the token's site, you can \"use BNB to pay for goods and services, settle transaction fees on Binance Smart Chain, participate in exclusive token sales and more.\"There's also a BNB Chain ecosystem, which gives the token more utility. But this is ultimately a token tied to Binance's exchange business, and we saw how that ended with FTX. Binance doesn't have publicly available financials and operates outside of U.S. securities laws, so investors should be skeptical.The reality of the BNB token is that it's reliant on a single company -- Binance -- to generate value. This is a single point of failure that hasn't worked out well for the FTX, Celsius, and Voyager tokens that have all collapsed in value in large part because their creators went into bankruptcy. I'm not calling for Binance's bankruptcy, but taking a risk on a token tied to one company isn't wise after how we've seen similar tokens collapse in value.Dogecoin's meme status might endThe Dogecoin community leans into the fact that this was a joke token to begin with. But investing your money is no joke.It's true that Dogecoin has been accepted as payment in some forums, but it's not taken as seriously by businesses as a stablecoin or even Ethereum or Polygon would be.I think the problem today is that meme coins are going to be taken even less seriously in the future. Real businesses will move in and use the blockchain, but they'll want to be taken seriously with tokens like Ethereum or stablecoins, not a meme with a dog image.The rise of Dogecoin was a by-product of the bull market in crypto. That bull market has come to a crashing end, and I think meme coins like Dogecoin will go with it.Stick to the best of the bestThe future of cryptocurrency is uncertain, but I think investors would be wise to stick with the highest quality and most widely used tokens available. Ethereum and Solana have two of the biggest development communities, and they would be better picks. Right now, being cautious is a wise approach, and one should stay out of tokens that have little to no use cases today.","news_type":1},"isVote":1,"tweetType":1,"viewCount":108,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9966641864,"gmtCreate":1669526345958,"gmtModify":1676538205052,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Any risk takers still dare to venture into crypto currency scams","listText":"Any risk takers still dare to venture into crypto currency scams","text":"Any risk takers still dare to venture into crypto currency scams","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9966641864","repostId":"2286839697","repostType":4,"repost":{"id":"2286839697","pubTimestamp":1669424518,"share":"https://www.laohu8.com/m/news/2286839697?lang=&edition=full","pubTime":"2022-11-26 09:01","market":"other","language":"en","title":"3 Cryptos to Buy in a Bear Market","url":"https://stock-news.laohu8.com/highlight/detail?id=2286839697","media":"Motley Fool","summary":"The crypto winter just got a whole lot colder, but these top cryptos could be heating up.","content":"<html><head></head><body><p>The implosion of FTX, a previously trusted exchange that had a high profile with even casual investors, thanks to its extensive marketing, gave a black eye to a space that has already taken its lumps this year.</p><p>However, while many investors have sold their cryptocurrencies during the current crypto winter, for every seller there is a buyer, and some of them are long-term investors who have conviction in the crypto&#39;s potential. Chaos can provide good buying opportunities. Here are three cryptos for risk-tolerant investors to consider buying during the current bear market.</p><h2><b>1. Ethereum</b></h2><p><b>Ethereum</b> has rallied 26% since its June low, but has sold off following the FTX bankruptcy filing. However, this could be a case of the baby being thrown out with the bathwater as Ethereum is a decentralized, established cryptocurrency that has little to do with FTX. No single entity controls Ethereum, and over 70 million users worldwide help to validate transactions and secure the Ethereum network, putting it in stark contrast with cryptocurrencies like <b>FTX Token</b> and many of the other newer cryptocurrencies issued by exchanges and other centralized entities.</p><p>This year, Ethereum users welcomed its long-awaited transition to proof-of-stake consensus, known as The Merge, which drastically reduced Ethereum&#39;s carbon footprint, paved the way for sharding (which will eventually lead to faster transactions and lower fees when implemented in the next upgrade), and opened up the ability for more Ethereum users to earn rewards for participating in the network by staking their holdings to validate transactions and secure the network.</p><p>The ability to easily earn staking rewards also increases Ethereum&#39;s appeal as an investment. A user needs to stake a minimum of 32 Ether to run their own validator, but there are plenty of services that stake your Ethereum for you, allowing you to earn returns competitive with the payouts you can earn from popular dividend stocks as well as 10-year Treasury notes.</p><p>The $180 billion cryptocurrency is by far the largest smart-contract platform, making it the de facto gateway for larger institutional investors that want to get involved in the world of decentralized finance (DeFi). <b>JPMorgan Chase</b> recently tested the waters of decentralized finance with its first ever DeFi trade. The trade was executed on the <b>Polygon</b> blockchain, which is a Layer 2 network on Ethereum. Major decentralized exchanges like <b>Uniswap</b>, <b>dYdX</b>, and others are built on Ethereum. As additional traditional financial heavyweights get involved in decentralized finance, Ethereum will be their first stop.</p><p>With new capabilities after The Merge such as the ability to earn rewards for staking, and its position at the gateway to the world of DeFi, Ethereum looks like a top cryptocurrency to buy during the bear market.</p><h2><b>2. Bitcoin </b></h2><p>Like Ethereum, <b>Bitcoin</b> is a decentralized cryptocurrency that stands out in the crowd. The original crypto is also the original decentralized asset. There is no leader or central authority that controls the Bitcoin network -- meaning there&#39;s no one entity that can make a poor decision or act in a manner that destroys the value of Bitcoin. A network of miners all over the world secure the Bitcoin network by solving complex mathematical equations to validate transactions and earn more Bitcoin. Bitcoin is also transparent in that all transactions appear on its blockchain, which is publicly viewable.</p><p>Bitcoin is the oldest and largest cryptocurrency, and will benefit as the gateway to cryptocurrency as more institutional investors and corporations test the waters of cryptocurrency. While the FTX saga has certainly set crypto adoption back a few steps, overall, the tide is turning toward Bitcoin and cryptocurrency as a whole.</p><p>On Oct. 11, <b>Bank of New York Mellon</b>, the world&#39;s largest custodial bank, announced that it would offer custody for cryptocurrencies. <b>Alphabet </b>recently announced it would utilize <b>Coinbase</b> to accept payments using Bitcoin for its Google Cloud services, and <b>Mastercard</b> announced it would offer its services to enable traditional banks to offer cryptocurrency trading.</p><p>As the world moves further toward crypto adoption, Bitcoin is best suited to lead cryptocurrency forward.</p><h2><b>3. Litecoin</b></h2><p><b>Litecoin</b> is one major crypto that has been able to avoid being pulled down in the current sell-off, and the proof-of-work crypto is surprisingly up 16% over the past month. The $4 billion crypto, which started as a fork of Bitcoin in 2011, is experiencing a bit of a resurgence, with a rally of 53% since the low it hit in June.</p><p>Litecoin is surging as the network&#39;s hash rate hits new all-time highs, indicating increasing interest in Litecoin and more competition to earn Litecoin by mining. Litecoin also benefited from news that it will join Bitcoin and Ethereum as digital assets that will be available on <b>Moneygram International</b>&#39;s payment platform. Like Bitcoin and Ethereum, Litecoin is one of the cryptocurrencies that Google Cloud will accept for payment, giving the 16th-largest crypto by market cap enhanced credibility. Perhaps a renewed interest in decentralized, proof-of-work assets plus growing adoption will continue to propel Litecoin higher.</p><p>The current crypto winter has been difficult for investors, but this bear market is also an opportune time for long-term, risk-tolerant investors to accumulate more tokens at lower prices before market sentiment again turns positive.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Cryptos to Buy in a Bear Market</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Cryptos to Buy in a Bear Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-26 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/25/3-cryptos-to-buy-in-a-bear-market/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The implosion of FTX, a previously trusted exchange that had a high profile with even casual investors, thanks to its extensive marketing, gave a black eye to a space that has already taken its lumps ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/25/3-cryptos-to-buy-in-a-bear-market/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2022/11/25/3-cryptos-to-buy-in-a-bear-market/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2286839697","content_text":"The implosion of FTX, a previously trusted exchange that had a high profile with even casual investors, thanks to its extensive marketing, gave a black eye to a space that has already taken its lumps this year.However, while many investors have sold their cryptocurrencies during the current crypto winter, for every seller there is a buyer, and some of them are long-term investors who have conviction in the crypto's potential. Chaos can provide good buying opportunities. Here are three cryptos for risk-tolerant investors to consider buying during the current bear market.1. EthereumEthereum has rallied 26% since its June low, but has sold off following the FTX bankruptcy filing. However, this could be a case of the baby being thrown out with the bathwater as Ethereum is a decentralized, established cryptocurrency that has little to do with FTX. No single entity controls Ethereum, and over 70 million users worldwide help to validate transactions and secure the Ethereum network, putting it in stark contrast with cryptocurrencies like FTX Token and many of the other newer cryptocurrencies issued by exchanges and other centralized entities.This year, Ethereum users welcomed its long-awaited transition to proof-of-stake consensus, known as The Merge, which drastically reduced Ethereum's carbon footprint, paved the way for sharding (which will eventually lead to faster transactions and lower fees when implemented in the next upgrade), and opened up the ability for more Ethereum users to earn rewards for participating in the network by staking their holdings to validate transactions and secure the network.The ability to easily earn staking rewards also increases Ethereum's appeal as an investment. A user needs to stake a minimum of 32 Ether to run their own validator, but there are plenty of services that stake your Ethereum for you, allowing you to earn returns competitive with the payouts you can earn from popular dividend stocks as well as 10-year Treasury notes.The $180 billion cryptocurrency is by far the largest smart-contract platform, making it the de facto gateway for larger institutional investors that want to get involved in the world of decentralized finance (DeFi). JPMorgan Chase recently tested the waters of decentralized finance with its first ever DeFi trade. The trade was executed on the Polygon blockchain, which is a Layer 2 network on Ethereum. Major decentralized exchanges like Uniswap, dYdX, and others are built on Ethereum. As additional traditional financial heavyweights get involved in decentralized finance, Ethereum will be their first stop.With new capabilities after The Merge such as the ability to earn rewards for staking, and its position at the gateway to the world of DeFi, Ethereum looks like a top cryptocurrency to buy during the bear market.2. Bitcoin Like Ethereum, Bitcoin is a decentralized cryptocurrency that stands out in the crowd. The original crypto is also the original decentralized asset. There is no leader or central authority that controls the Bitcoin network -- meaning there's no one entity that can make a poor decision or act in a manner that destroys the value of Bitcoin. A network of miners all over the world secure the Bitcoin network by solving complex mathematical equations to validate transactions and earn more Bitcoin. Bitcoin is also transparent in that all transactions appear on its blockchain, which is publicly viewable.Bitcoin is the oldest and largest cryptocurrency, and will benefit as the gateway to cryptocurrency as more institutional investors and corporations test the waters of cryptocurrency. While the FTX saga has certainly set crypto adoption back a few steps, overall, the tide is turning toward Bitcoin and cryptocurrency as a whole.On Oct. 11, Bank of New York Mellon, the world's largest custodial bank, announced that it would offer custody for cryptocurrencies. Alphabet recently announced it would utilize Coinbase to accept payments using Bitcoin for its Google Cloud services, and Mastercard announced it would offer its services to enable traditional banks to offer cryptocurrency trading.As the world moves further toward crypto adoption, Bitcoin is best suited to lead cryptocurrency forward.3. LitecoinLitecoin is one major crypto that has been able to avoid being pulled down in the current sell-off, and the proof-of-work crypto is surprisingly up 16% over the past month. The $4 billion crypto, which started as a fork of Bitcoin in 2011, is experiencing a bit of a resurgence, with a rally of 53% since the low it hit in June.Litecoin is surging as the network's hash rate hits new all-time highs, indicating increasing interest in Litecoin and more competition to earn Litecoin by mining. Litecoin also benefited from news that it will join Bitcoin and Ethereum as digital assets that will be available on Moneygram International's payment platform. Like Bitcoin and Ethereum, Litecoin is one of the cryptocurrencies that Google Cloud will accept for payment, giving the 16th-largest crypto by market cap enhanced credibility. Perhaps a renewed interest in decentralized, proof-of-work assets plus growing adoption will continue to propel Litecoin higher.The current crypto winter has been difficult for investors, but this bear market is also an opportune time for long-term, risk-tolerant investors to accumulate more tokens at lower prices before market sentiment again turns positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9969344247,"gmtCreate":1668380346890,"gmtModify":1676538045617,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Their fate are decided by consumers.&nbsp;","listText":"Their fate are decided by consumers.&nbsp;","text":"Their fate are decided by consumers.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9969344247","repostId":"2282162530","repostType":4,"repost":{"id":"2282162530","pubTimestamp":1668078157,"share":"https://www.laohu8.com/m/news/2282162530?lang=&edition=full","pubTime":"2022-11-10 19:02","market":"us","language":"en","title":"Netflix and Disney Might Be Launching Ad-Supported Tiers at the Exact Wrong Time","url":"https://stock-news.laohu8.com/highlight/detail?id=2282162530","media":"Motley Fool","summary":"It's getting tough out there for digital advertisers.","content":"<html><head></head><body><p>It&#39;s a difficult time to be in the digital advertising business.</p><p>Big-name companies like <b>Amazon</b> and <b>Alphabet</b>&#39;s Google are showing signs of slowing ad sales, while video ad specialists like <b>Roku</b> gave a dismal outlook for this year&#39;s fourth quarter. And the drop is coming right in time for the launch of <b>Netflix</b>&#39;s and <b>Disney</b>&#39;s ad-supported streaming tiers.</p><p>Netflix launched its new Basic with Ads tier earlier this month, and Disney will launch its ad-supported Disney+ tier at the start of December. The timing couldn&#39;t be worse.</p><h2>Ad sales are falling off</h2><p>Recent earnings reports and news items from major advertising businesses show a bleak outlook for digital advertising -- specifically, video and brand advertising.</p><p>Alphabet reported a year-over-year decline in YouTube ad revenue in Q3. During the earnings call, management said it saw a pullback in ad spend that started in the second quarter continue into Q3. The fourth quarter will feature more of the same, management said.</p><p>That trend was echoed by Roku, the leading platform in connected TV. Management&#39;s outlook called for a decline in platform revenue in the fourth quarter due to the weakening advertising market. &#34;We expect the macro environment to further pressure consumer discretionary spend and degrade advertising budgets,&#34; executives wrote in their letter to shareholders. In fact, management said platform revenue could decline sequentially in the fourth quarter, despite the usual strength of the holiday season at the end of the year.</p><p>Meanwhile, Amazon, which has grown a massive advertising business over the last few years, is starting to take its foot off the gas pedal. It&#39;s freezing hiring for its advertising business, despite posting 30% year-over-year foreign currency-neutral revenue growth. The move is a surprise for the third-largest digital advertiser, especially considering its efforts to expand its video advertising inventory with sports rights, including <i>Thursday Night Football</i>.</p><p>The entire industry is facing significant headwinds just as Netflix and Disney are trying to ramp up ad sales.</p><h2>What it means for the streamers</h2><p>The ad-supported tier on streaming services like Netflix and Disney+ might not generate as much revenue as expected to start.</p><p>When Netflix announced the launch of the Basic with Ads tier, management said it anticipates the total revenue generated from the subscription and ad sales to equal or even exceed revenue from the subscription-only Basic tier. In other words, it expected to generate $3 per account per month in ad revenue.</p><p>While early ad sales have gone relatively well for Netflix, there are reports it&#39;s not able to command the high asking price it was originally looking for. The company was originally asking for $65 per 1,000 viewers, but it&#39;s settled for prices between $45 and $55, according to <i>The Wall Street Journal</i>.</p><p>Meanwhile, Disney has long been in the digital advertising market with its breadth of online properties and its operational control of Hulu. But as the biggest and most-experienced advertising companies struggle to grow sales, there&#39;s no reason to think Disney will be able to fare much better. In fact, Roku suggests the entire TV scatter market (all the ad inventory that&#39;s not bought up front) is seeing a decline in spending, which suggests Disney&#39;s TV networks could see reduced profitability in the near term.</p><p>Both streaming services plan to keep the total ad load low to start. And they face the challenge of generating enough revenue from ad sales to show strong revenue per user numbers relative to their subscription-only products. That&#39;s the opposite of what&#39;s historically been the case for ad-supported streaming services. Hulu, for example, consistently generates average revenue greater than its subscription-only price.</p><p>Investors shouldn&#39;t be surprised if Netflix or Disney&#39;s new ad-supported tiers create a drag on revenue per user for the first few quarters. But as the ad market recovers, they should show strong growth potential without the need to raise prices as quickly as the ad-free service. That could ultimately become a strength for both companies in the long run.</p></body></html>","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>Netflix and Disney Might Be Launching Ad-Supported Tiers at the Exact Wrong Time</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nNetflix and Disney Might Be Launching Ad-Supported Tiers at the Exact Wrong Time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-10 19:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/10/netflix-disney-launch-ad-supported-tier-wrong/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It's a difficult time to be in the digital advertising business.Big-name companies like Amazon and Alphabet's Google are showing signs of slowing ad sales, while video ad specialists like Roku gave a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/10/netflix-disney-launch-ad-supported-tier-wrong/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","NFLX":"奈飞"},"source_url":"https://www.fool.com/investing/2022/11/10/netflix-disney-launch-ad-supported-tier-wrong/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282162530","content_text":"It's a difficult time to be in the digital advertising business.Big-name companies like Amazon and Alphabet's Google are showing signs of slowing ad sales, while video ad specialists like Roku gave a dismal outlook for this year's fourth quarter. And the drop is coming right in time for the launch of Netflix's and Disney's ad-supported streaming tiers.Netflix launched its new Basic with Ads tier earlier this month, and Disney will launch its ad-supported Disney+ tier at the start of December. The timing couldn't be worse.Ad sales are falling offRecent earnings reports and news items from major advertising businesses show a bleak outlook for digital advertising -- specifically, video and brand advertising.Alphabet reported a year-over-year decline in YouTube ad revenue in Q3. During the earnings call, management said it saw a pullback in ad spend that started in the second quarter continue into Q3. The fourth quarter will feature more of the same, management said.That trend was echoed by Roku, the leading platform in connected TV. Management's outlook called for a decline in platform revenue in the fourth quarter due to the weakening advertising market. \"We expect the macro environment to further pressure consumer discretionary spend and degrade advertising budgets,\" executives wrote in their letter to shareholders. In fact, management said platform revenue could decline sequentially in the fourth quarter, despite the usual strength of the holiday season at the end of the year.Meanwhile, Amazon, which has grown a massive advertising business over the last few years, is starting to take its foot off the gas pedal. It's freezing hiring for its advertising business, despite posting 30% year-over-year foreign currency-neutral revenue growth. The move is a surprise for the third-largest digital advertiser, especially considering its efforts to expand its video advertising inventory with sports rights, including Thursday Night Football.The entire industry is facing significant headwinds just as Netflix and Disney are trying to ramp up ad sales.What it means for the streamersThe ad-supported tier on streaming services like Netflix and Disney+ might not generate as much revenue as expected to start.When Netflix announced the launch of the Basic with Ads tier, management said it anticipates the total revenue generated from the subscription and ad sales to equal or even exceed revenue from the subscription-only Basic tier. In other words, it expected to generate $3 per account per month in ad revenue.While early ad sales have gone relatively well for Netflix, there are reports it's not able to command the high asking price it was originally looking for. The company was originally asking for $65 per 1,000 viewers, but it's settled for prices between $45 and $55, according to The Wall Street Journal.Meanwhile, Disney has long been in the digital advertising market with its breadth of online properties and its operational control of Hulu. But as the biggest and most-experienced advertising companies struggle to grow sales, there's no reason to think Disney will be able to fare much better. In fact, Roku suggests the entire TV scatter market (all the ad inventory that's not bought up front) is seeing a decline in spending, which suggests Disney's TV networks could see reduced profitability in the near term.Both streaming services plan to keep the total ad load low to start. And they face the challenge of generating enough revenue from ad sales to show strong revenue per user numbers relative to their subscription-only products. That's the opposite of what's historically been the case for ad-supported streaming services. Hulu, for example, consistently generates average revenue greater than its subscription-only price.Investors shouldn't be surprised if Netflix or Disney's new ad-supported tiers create a drag on revenue per user for the first few quarters. But as the ad market recovers, they should show strong growth potential without the need to raise prices as quickly as the ad-free service. That could ultimately become a strength for both companies in the long run.","news_type":1},"isVote":1,"tweetType":1,"viewCount":144,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960441745,"gmtCreate":1668233731087,"gmtModify":1676538032719,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"All the back end greedy idiots are manipulating the crypto world through speculating and evil ways. Really screw these idiots","listText":"All the back end greedy idiots are manipulating the crypto world through speculating and evil ways. Really screw these idiots","text":"All the back end greedy idiots are manipulating the crypto world through speculating and evil ways. Really screw these idiots","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9960441745","repostId":"1137748454","repostType":4,"repost":{"id":"1137748454","pubTimestamp":1668216439,"share":"https://www.laohu8.com/m/news/1137748454?lang=&edition=full","pubTime":"2022-11-12 09:27","market":"us","language":"en","title":"A $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto","url":"https://stock-news.laohu8.com/highlight/detail?id=1137748454","media":"Barron's","summary":"How long does it take to wipe out a $32 billion company, shatter confidence in an entire industry, a","content":"<html><head></head><body><p>How long does it take to wipe out a $32 billion company, shatter confidence in an entire industry, and leave a trail of destruction from Wall Street to Silicon Valley?</p><p>In crypto, about a week.</p><p>The debacle unfolded in real time on Twitter as the crypto empire run by Sam Bankman-Fried collapsed. FTX Group, his conglomerate of 130 entities—including the FTX exchange and Alameda Research, a market maker and trading firm—filed for U.S. bankruptcy protection on Friday.</p><p>Bankman-Fried resigned as CEO from the group, issuing a mea culpa on Twitter. “I’m really sorry, again, that we ended up here,” he said in a stream of tweets. “I’m piecing together all of the details, but I was shocked to see things unravel the way they did earlier this week,” he added.</p><p>Bankman-Fried wasn’t the only one expressing shock. FTX, the world’s second largest crypto exchange, collapsed over a few chaotic days, brought down by a liquidity crisis as customers lost confidence in the exchange. Essentially, it was an old-fashioned run on the bank, with no federal regulator or private entity willing to prop up FTX, unwind the operations, or contain the fallout.</p><p>The collateral damage is likely to be vast. FTX and Alameda played central roles in crypto trading, market making, lending, and bailouts of other firms. FTX had attracted investment from prominent venture-capital firms, pension funds, and hedge funds. Some of them invested in FTX at a valuation of $32 billion just a few months ago. They are now marking down their investments to zero.</p><p>The unraveling has already knocked more than $125 billion in market cap off Bitcoin and other tokens. FTX has frozen customer accounts. Its U.S. entity, FTX US, had said it would probably halt trading within days, though its website was still operational on Friday, including a pitch to “join some of the world’s biggest names who trust FTX,” showing photos of Tom Brady and Stephen Curry.</p><p>Other entities that have paused withdrawals include BlockFi, a crypto lender that FTX bailed out last summer. More entities and counterparties with exposure to FTX are likely to be revealed as the bankruptcy proceedings get rolling.</p><p>Regulators are now under far more pressure to ramp up supervision of an industry that has so far thrived on opacity and a lack of clear rules. “I hope some of these firms take note and actually work with us and get registered, or we’ll certainly be doing what we need to do, being a cop on the beat,” said Securities and Exchange Commission Chair Gary Gensler at a conference on Wednesday.</p><p>It’s unclear how crypto will clean up its latest mess. Indeed, what little credibility crypto had is being tested anew, raising questions about whether the whole edifice will simply crumble under its own weight.</p><p>“Those who were skeptical about crypto will become even more skeptical. They’re not wrong to feel that way,” says Ric Edelman, head of the Digital Assets Council of Financial Professionals.</p><p>Before his empire fell apart, Bankman-Fried had been viewed as a kind of crypto philosopher king. A 30-year-old Californian, educated at Massachusetts Institute of Technology, he built FTX and Alameda into the very fabric of crypto infrastructure, playing a leading role in derivatives, trading, and market-making activity.</p><p><img src=\"https://static.tigerbbs.com/c380e6b530fb0a8f21ae5df380dcfabf\" tg-width=\"939\" tg-height=\"639\" width=\"100%\" height=\"auto\"/></p><p>As FTX and its related entities grew into a multibillion-dollar empire, Bankman-Fried parlayed his wealth and prominence widely. He spent millions on sports, including naming rights to the Miami Heat’s National Basketball Association arena and sponsorship of Formula 1 racing cars. He also promised to donate most of his fortune to charities. And he became a fixture on Capitol Hill, arguing for regulation and donating to political campaigns in a bid to bring crypto into the mainstream.</p><p>Bankman-Fried also built a reputation as a crypto white knight—a banker of last resort. BlockFi and Voyager Digitalboth got bailouts or lines of credit, though Voyager didn’t survive. Bankman-Fried also invested in other crypto platforms, including Robinhood Markets (ticker: HOOD), owning a 7.5% stake in the company worth $570 million at recent prices.</p><p>The collapse of FTX could prove costly, well beyond crypto. FTX’s venture-capital investors included big names like Sequoia Capital, Tiger Global Management, and the Ontario Teachers’ Pension Plan. Sequoia now says that its investment is worth zero.</p><p>Analysts expect more companies to reveal exposures and losses. “There could be other cascading failures that could emerge,” says Lucas Nuzzi, head of research and development at Coin Metrics, a research firm working on a report that may identify additional counterparties to FTX and Alameda.</p><p>One immediate impact, of course, is sheer fear of crypto. Potential investors in start-ups are now more likely to shy away, says Antonio Juliano, CEO of dYdX, one of the largest decentralized-finance, or DeFi, exchanges. “This will decrease interest in crypto for the short to medium term,” he says.</p><p>There may also be a chill on crypto demand as investors question whether their tokens, custodied through brokerages and exchanges, will be accessible in the event of a bankruptcy. FTX used customer assets for trading at Alameda without their knowledge, according to media reports. When Alameda couldn’t meet its obligations, it spilled over to FTX’s customer base.</p><p>Equity brokerages and exchanges regulated by the SEC would never be allowed to use customer assets in that way. Those lines are largely absent in crypto, however. U.S. exchange are licensed by states as money-transfer businesses. And there is no regulatory body supervising operations of global exchanges like Bahamas-based FTX.</p><p>Coinbase Global (COIN), the largest U.S.-based exchange, said this past week that “there can’t be a run on the bank” at the firm and that it lends customer assets only with approval.</p><p>Nonetheless, the collapse of FTX underscores the market’s concentration in a handful of companies. And it reveals how even two of the big players can shake the foundations.</p><p>FTX’s demise started when CoinDesk reported that Alameda’s balance sheet consisted partly of a token called FTT, which is used for trading and commissions on the FTX exchange. Days later, Changpeng Zhao, the leader of Binance—the world’s largest crypto exchange—said he planned to unload more than $500 million worth of FTT that his firm had acquired.</p><p>With that, the run on FTX began. On Sunday, FTX saw $5 billion in customer withdrawals. Bankman-Fried then sought emerging funding to cover shortfalls, estimated at $8 billion. On Tuesday, Binance appeared to be a savior, signing a letter of intent to buy FTX. The next day, Binance pulled out, saying that “the issues are beyond our control or ability to help.”</p><p>Bankman-Fried has said that he thought it likely that Zhao never intended to buy FTX. “Well played; you won,” he said on Twitter, in an apparent allusion to Zhao taking out a rival.</p><p>FTX did not respond to a request for comment. Binance declined to comment.</p><p>The regulatory fallout is just starting. Democrats in Congress are calling for hearings, and the White House has weighed in. “The most recent news...highlights why prudent regulation of cryptocurrencies is indeed needed,” press secretary Karine Jean-Pierre told reporters.</p><p>U.S. enforcement agencies are now expanding inquiries. If the SEC alleges that FTX broke securities laws, it could create liability for the entire industry. “That’s what can really shake the industry,” says Tyler Gellasch, a former SEC senior counsel.</p><p>Representatives for the SEC and the Commodity Futures Trading Commission declined to comment.</p><p>Even if FTX’s troubles seem remote, the damage is likely to keep affecting tokens, brokerages like Coinbase and Robinhood, and the many banks, lenders, and tech companies trying to build crypto businesses.</p><p>“FTX and SBF were these megawatt stars in crypto and had garnered a lot of trust, not just among institutional investors but also among regulators,” says Morningstar’s Madeline Hume, referring to Bankman-Fried. “The risk of contagion has never been higher.”</p></body></html>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>A $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto</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\">\nA $32 Billion Crypto Empire Has Crashed. The Fallout Is Spreading Far Beyond Crypto\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-12 09:27 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/ftx-binance-sam-bankman-fried-crypto-bitcoin-solana-price-crash-51668135110><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>How long does it take to wipe out a $32 billion company, shatter confidence in an entire industry, and leave a trail of destruction from Wall Street to Silicon Valley?In crypto, about a week.The ...</p>\n\n<a href=\"https://www.barrons.com/articles/ftx-binance-sam-bankman-fried-crypto-bitcoin-solana-price-crash-51668135110\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.barrons.com/articles/ftx-binance-sam-bankman-fried-crypto-bitcoin-solana-price-crash-51668135110","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137748454","content_text":"How long does it take to wipe out a $32 billion company, shatter confidence in an entire industry, and leave a trail of destruction from Wall Street to Silicon Valley?In crypto, about a week.The debacle unfolded in real time on Twitter as the crypto empire run by Sam Bankman-Fried collapsed. FTX Group, his conglomerate of 130 entities—including the FTX exchange and Alameda Research, a market maker and trading firm—filed for U.S. bankruptcy protection on Friday.Bankman-Fried resigned as CEO from the group, issuing a mea culpa on Twitter. “I’m really sorry, again, that we ended up here,” he said in a stream of tweets. “I’m piecing together all of the details, but I was shocked to see things unravel the way they did earlier this week,” he added.Bankman-Fried wasn’t the only one expressing shock. FTX, the world’s second largest crypto exchange, collapsed over a few chaotic days, brought down by a liquidity crisis as customers lost confidence in the exchange. Essentially, it was an old-fashioned run on the bank, with no federal regulator or private entity willing to prop up FTX, unwind the operations, or contain the fallout.The collateral damage is likely to be vast. FTX and Alameda played central roles in crypto trading, market making, lending, and bailouts of other firms. FTX had attracted investment from prominent venture-capital firms, pension funds, and hedge funds. Some of them invested in FTX at a valuation of $32 billion just a few months ago. They are now marking down their investments to zero.The unraveling has already knocked more than $125 billion in market cap off Bitcoin and other tokens. FTX has frozen customer accounts. Its U.S. entity, FTX US, had said it would probably halt trading within days, though its website was still operational on Friday, including a pitch to “join some of the world’s biggest names who trust FTX,” showing photos of Tom Brady and Stephen Curry.Other entities that have paused withdrawals include BlockFi, a crypto lender that FTX bailed out last summer. More entities and counterparties with exposure to FTX are likely to be revealed as the bankruptcy proceedings get rolling.Regulators are now under far more pressure to ramp up supervision of an industry that has so far thrived on opacity and a lack of clear rules. “I hope some of these firms take note and actually work with us and get registered, or we’ll certainly be doing what we need to do, being a cop on the beat,” said Securities and Exchange Commission Chair Gary Gensler at a conference on Wednesday.It’s unclear how crypto will clean up its latest mess. Indeed, what little credibility crypto had is being tested anew, raising questions about whether the whole edifice will simply crumble under its own weight.“Those who were skeptical about crypto will become even more skeptical. They’re not wrong to feel that way,” says Ric Edelman, head of the Digital Assets Council of Financial Professionals.Before his empire fell apart, Bankman-Fried had been viewed as a kind of crypto philosopher king. A 30-year-old Californian, educated at Massachusetts Institute of Technology, he built FTX and Alameda into the very fabric of crypto infrastructure, playing a leading role in derivatives, trading, and market-making activity.As FTX and its related entities grew into a multibillion-dollar empire, Bankman-Fried parlayed his wealth and prominence widely. He spent millions on sports, including naming rights to the Miami Heat’s National Basketball Association arena and sponsorship of Formula 1 racing cars. He also promised to donate most of his fortune to charities. And he became a fixture on Capitol Hill, arguing for regulation and donating to political campaigns in a bid to bring crypto into the mainstream.Bankman-Fried also built a reputation as a crypto white knight—a banker of last resort. BlockFi and Voyager Digitalboth got bailouts or lines of credit, though Voyager didn’t survive. Bankman-Fried also invested in other crypto platforms, including Robinhood Markets (ticker: HOOD), owning a 7.5% stake in the company worth $570 million at recent prices.The collapse of FTX could prove costly, well beyond crypto. FTX’s venture-capital investors included big names like Sequoia Capital, Tiger Global Management, and the Ontario Teachers’ Pension Plan. Sequoia now says that its investment is worth zero.Analysts expect more companies to reveal exposures and losses. “There could be other cascading failures that could emerge,” says Lucas Nuzzi, head of research and development at Coin Metrics, a research firm working on a report that may identify additional counterparties to FTX and Alameda.One immediate impact, of course, is sheer fear of crypto. Potential investors in start-ups are now more likely to shy away, says Antonio Juliano, CEO of dYdX, one of the largest decentralized-finance, or DeFi, exchanges. “This will decrease interest in crypto for the short to medium term,” he says.There may also be a chill on crypto demand as investors question whether their tokens, custodied through brokerages and exchanges, will be accessible in the event of a bankruptcy. FTX used customer assets for trading at Alameda without their knowledge, according to media reports. When Alameda couldn’t meet its obligations, it spilled over to FTX’s customer base.Equity brokerages and exchanges regulated by the SEC would never be allowed to use customer assets in that way. Those lines are largely absent in crypto, however. U.S. exchange are licensed by states as money-transfer businesses. And there is no regulatory body supervising operations of global exchanges like Bahamas-based FTX.Coinbase Global (COIN), the largest U.S.-based exchange, said this past week that “there can’t be a run on the bank” at the firm and that it lends customer assets only with approval.Nonetheless, the collapse of FTX underscores the market’s concentration in a handful of companies. And it reveals how even two of the big players can shake the foundations.FTX’s demise started when CoinDesk reported that Alameda’s balance sheet consisted partly of a token called FTT, which is used for trading and commissions on the FTX exchange. Days later, Changpeng Zhao, the leader of Binance—the world’s largest crypto exchange—said he planned to unload more than $500 million worth of FTT that his firm had acquired.With that, the run on FTX began. On Sunday, FTX saw $5 billion in customer withdrawals. Bankman-Fried then sought emerging funding to cover shortfalls, estimated at $8 billion. On Tuesday, Binance appeared to be a savior, signing a letter of intent to buy FTX. The next day, Binance pulled out, saying that “the issues are beyond our control or ability to help.”Bankman-Fried has said that he thought it likely that Zhao never intended to buy FTX. “Well played; you won,” he said on Twitter, in an apparent allusion to Zhao taking out a rival.FTX did not respond to a request for comment. Binance declined to comment.The regulatory fallout is just starting. Democrats in Congress are calling for hearings, and the White House has weighed in. “The most recent news...highlights why prudent regulation of cryptocurrencies is indeed needed,” press secretary Karine Jean-Pierre told reporters.U.S. enforcement agencies are now expanding inquiries. If the SEC alleges that FTX broke securities laws, it could create liability for the entire industry. “That’s what can really shake the industry,” says Tyler Gellasch, a former SEC senior counsel.Representatives for the SEC and the Commodity Futures Trading Commission declined to comment.Even if FTX’s troubles seem remote, the damage is likely to keep affecting tokens, brokerages like Coinbase and Robinhood, and the many banks, lenders, and tech companies trying to build crypto businesses.“FTX and SBF were these megawatt stars in crypto and had garnered a lot of trust, not just among institutional investors but also among regulators,” says Morningstar’s Madeline Hume, referring to Bankman-Fried. “The risk of contagion has never been higher.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":246,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960454445,"gmtCreate":1668232870687,"gmtModify":1676538032543,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Some back end idiots must have gain in all these chaos. Curse them","listText":"Some back end idiots must have gain in all these chaos. Curse them","text":"Some back end idiots must have gain in all these chaos. Curse them","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960454445","repostId":"1113225170","repostType":4,"repost":{"id":"1113225170","pubTimestamp":1668039943,"share":"https://www.laohu8.com/m/news/1113225170?lang=&edition=full","pubTime":"2022-11-10 08:25","market":"us","language":"en","title":"How Binance, FTX Deal Rocked the Crypto World and Then Collapsed","url":"https://stock-news.laohu8.com/highlight/detail?id=1113225170","media":"Bloomberg","summary":"The crypto market rout deepens after a proposed rescue deal falls apart.Sam Bankman-Fried, left, and","content":"<html><head></head><body><p>The crypto market rout deepens after a proposed rescue deal falls apart.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6731c8ede9b2eaa8076b2ac9001ae530\" tg-width=\"1000\" tg-height=\"672\" width=\"100%\" height=\"auto\"/><span>Sam Bankman-Fried, left, and Zhao “CZ” Changpeng</span></p><p>It’s been a tumultuous few days in the largely unregulated cryptocurrency world, with mudslinging on Twitter, a shock exchange takeover bid — which then collapsed — and plunging token values.</p><p>On Tuesday, the world’s biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX’s finances as well as potential regulatory investigations. Its decision to walk away deepened the ongoing crypto rout, with Bitcoin tumbling to the lowest level in two years.</p><p>While crypto might seem like a niche corner of finance, the saga between two of its top players has upended the crypto ecosystem and is likely to have far-reaching repercussions.</p><p><b>What are Binance and FTX?</b></p><p>They’re two of the biggest crypto exchanges, which are marketplaces where investors buy, sell and store tokens. Binance is the biggest crypto exchange by volume by a long way — and FTX is in the top five, according to crypto data provider CoinMarketCap (which is owned by Binance).</p><p><b>Who runs them?</b></p><p>They’ve also been led by two of the most visible and charismatic people in the crypto world: Binance by Changpeng Zhao (or CZ, as he is known), and FTX by Sam Bankman-Fried (or SBF).</p><p>Formerly a trader at Jane Street, until just a few weeks ago the curly-haired 30-year-old was everywhere in the crypto industry — backing flailing projects including BlockFi, Voyager Digital and Celsius. He counted the likes of Softbank Vision Fund, Singapore wealth fund Temasek and Ontario Teachers’ Pension Plan as investors.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/535bbd30b95ab09c2c91bada9c2bb89c\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Sam Bankman-FriedPhotographer: Jeenah Moon/Bloomberg</span></p><p>Zhao is a China-born Canadian citizen who emigrated to Vancouver aged 12 and graduated with a degree in computer science from McGill University in Montreal. He started Binance in 2017 in Shanghai — but the Chinese government banned crypto exchanges the same year. He’s now based in Dubai.</p><p><b>Why did they fall out?</b></p><p>Back in 2019, Binance invested in FTX, then a derivatives exchange. The next year, Binance launched its own crypto derivatives, quickly becoming the leader in the field.</p><p>Tensions rose as the two companies increasingly took divergent tacks with regulators. Bankman-Fried was testifying in the US Congress, while Binance was said to be facing regulatory probes around the world.</p><p>The two companies have also been competing for assets, with both bidding for assets of Voyager Digital. FTX.US, the American affiliate of FTX, won the auction.</p><p>Zhao and Bankman-Fried have been trading barbs on Twitter for months, feuding over issues ranging from lobbying US politicians to allegations of frontrunning trades.</p><p><b>So what just happened in the crypto world?</b></p><p>Over the weekend Zhao tweeted that Binance would be liquidating its holdings of a token known as FTT, which is issued by FTX.</p><p>The tweet followed a story from crypto news outlet CoinDesk saying that Alameda Research, a trading house owned by FTX’s founder Bankman-Fried, had a lot of its assets in FTT token.</p><p>That fueled broader concerns about FTX’s health and investors began to withdraw money. The FTT token plunged. A day before reaching a deal, Bankman-Fried said on Twitter that assets on FTX were “fine” and that “a competitor is trying to go after us with false rumors.”</p><p>On Tuesday, CZ announced a potential takeover of FTX, with due diligence to be conducted “in the coming days.”</p><p>Then late Wednesday afternoon New York time, Binance said it was pulling out of the deal saying its rival’s issues were “beyond our control or ability to help.” Binance executives had discovered a gap between FTX’s liabilities and assets that may amount to more than $6 billion,  a person familiar with the matter told Bloomberg.</p><p>What’s more, US regulators are investigating whether FTX properly handled customer funds, as well as its relationship with other parts of Bankman-Fried’s crypto empire, including his trading house Alameda Research, Bloomberg News reported Wednesday.</p><p><b>What does this mean for the markets?</b></p><p>It’s injected a lot of uncertainty for investors who are worried about the potential for spreading contagion given the pivotal role FTX and its co-founder Sam Bankman-Fried played in the industry.</p><p>FTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just about every digital coin is struggling.</p><p>Bitcoin fell as much as 15% to $15,987 on Wednesday, the least since November 2020, which leaves a lot of holders under water.</p><p><b>What does this mean for FTX users?</b></p><p>That’s unclear. Clients worried about the future of the exchange have already pulled out $430 million worth of Bitcoin in the space of just four days.</p><p><b>How does this affect CZ and SBF?</b></p><p>It’s a huge comedown for SBF, who had previously been seen as one of the most accomplished people in the industry.</p><p>That’s playing out in fortunes, as well. Bankman-Fried’s 53% stake in FTX was worth about $6.2 billion before Tuesday’s takeover, according to the Bloomberg Billionaires Index, based on that fundraising round and the subsequent performance of publicly traded crypto companies. His crypto trading house, Alameda Research, contributed $7.4 billion to his personal fortune.</p><p>The Bloomberg wealth index assumes existing FTX investors, including Bankman-Fried, will be completely wiped out by Binance’s bailout, and that the root of the exchange’s problems stemmed from Alameda. As a result, both FTX and Alameda are given a $1 value. That leaves SBF’s net worth at about $1 billion, down from $15.6 billion heading into Tuesday. The 94% loss is the biggest one-day collapse ever among billionaires tracked by Bloomberg.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e920d4e192c178a362237327be8e62c5\" tg-width=\"1000\" tg-height=\"666\" width=\"100%\" height=\"auto\"/><span>Changpeng ZhaoPhotographer: Zed Jameson/Bloomberg</span></p><p>Even after pulling out of the deal, Bankman-Fried’s fall from grace leaves CZ as the top person in the crypto world. He’s had a rough period too, with his fortune down 84% year-to-date, according to the Billionaires Index — but he’s still estimated to be worth $14.9 billion.</p><p>What does this mean in terms of regulation?</p><p>This episode and how quickly it unfolded provide a stark example for regulators who have been concerned about the lack of guardrails in the freewheeling crypto space. Jurisdictions that have been considering looser rules may be less likely to do so — especially on the back a few months ago of implosions in the Terra/Luna ecosystem and hedge fund Three Arrows Capital.</p><p><b>What’s Next?</b></p><p>Bankman-Fried told FTX.com investors on Wednesday that the company needs a cash injection, or else it would need to file for bankruptcy, Bloomberg News reported.</p><p>Whether FTX survives this crisis or not, the entire industry is on edge about the risks of contagion.</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Binance, FTX Deal Rocked the Crypto World and Then Collapsed</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow Binance, FTX Deal Rocked the Crypto World and Then Collapsed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-10 08:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-11-09/bankman-fried-and-cz-how-binance-ftx-shocked-the-crypto-world><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The crypto market rout deepens after a proposed rescue deal falls apart.Sam Bankman-Fried, left, and Zhao “CZ” ChangpengIt’s been a tumultuous few days in the largely unregulated cryptocurrency world,...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-11-09/bankman-fried-and-cz-how-binance-ftx-shocked-the-crypto-world\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"https://www.bloomberg.com/news/articles/2022-11-09/bankman-fried-and-cz-how-binance-ftx-shocked-the-crypto-world","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113225170","content_text":"The crypto market rout deepens after a proposed rescue deal falls apart.Sam Bankman-Fried, left, and Zhao “CZ” ChangpengIt’s been a tumultuous few days in the largely unregulated cryptocurrency world, with mudslinging on Twitter, a shock exchange takeover bid — which then collapsed — and plunging token values.On Tuesday, the world’s biggest exchange, Binance Holdings Ltd., was set to acquire troubled rival FTX.com. On Wednesday, Binance walked away from the deal citing problems with FTX’s finances as well as potential regulatory investigations. Its decision to walk away deepened the ongoing crypto rout, with Bitcoin tumbling to the lowest level in two years.While crypto might seem like a niche corner of finance, the saga between two of its top players has upended the crypto ecosystem and is likely to have far-reaching repercussions.What are Binance and FTX?They’re two of the biggest crypto exchanges, which are marketplaces where investors buy, sell and store tokens. Binance is the biggest crypto exchange by volume by a long way — and FTX is in the top five, according to crypto data provider CoinMarketCap (which is owned by Binance).Who runs them?They’ve also been led by two of the most visible and charismatic people in the crypto world: Binance by Changpeng Zhao (or CZ, as he is known), and FTX by Sam Bankman-Fried (or SBF).Formerly a trader at Jane Street, until just a few weeks ago the curly-haired 30-year-old was everywhere in the crypto industry — backing flailing projects including BlockFi, Voyager Digital and Celsius. He counted the likes of Softbank Vision Fund, Singapore wealth fund Temasek and Ontario Teachers’ Pension Plan as investors.Sam Bankman-FriedPhotographer: Jeenah Moon/BloombergZhao is a China-born Canadian citizen who emigrated to Vancouver aged 12 and graduated with a degree in computer science from McGill University in Montreal. He started Binance in 2017 in Shanghai — but the Chinese government banned crypto exchanges the same year. He’s now based in Dubai.Why did they fall out?Back in 2019, Binance invested in FTX, then a derivatives exchange. The next year, Binance launched its own crypto derivatives, quickly becoming the leader in the field.Tensions rose as the two companies increasingly took divergent tacks with regulators. Bankman-Fried was testifying in the US Congress, while Binance was said to be facing regulatory probes around the world.The two companies have also been competing for assets, with both bidding for assets of Voyager Digital. FTX.US, the American affiliate of FTX, won the auction.Zhao and Bankman-Fried have been trading barbs on Twitter for months, feuding over issues ranging from lobbying US politicians to allegations of frontrunning trades.So what just happened in the crypto world?Over the weekend Zhao tweeted that Binance would be liquidating its holdings of a token known as FTT, which is issued by FTX.The tweet followed a story from crypto news outlet CoinDesk saying that Alameda Research, a trading house owned by FTX’s founder Bankman-Fried, had a lot of its assets in FTT token.That fueled broader concerns about FTX’s health and investors began to withdraw money. The FTT token plunged. A day before reaching a deal, Bankman-Fried said on Twitter that assets on FTX were “fine” and that “a competitor is trying to go after us with false rumors.”On Tuesday, CZ announced a potential takeover of FTX, with due diligence to be conducted “in the coming days.”Then late Wednesday afternoon New York time, Binance said it was pulling out of the deal saying its rival’s issues were “beyond our control or ability to help.” Binance executives had discovered a gap between FTX’s liabilities and assets that may amount to more than $6 billion,  a person familiar with the matter told Bloomberg.What’s more, US regulators are investigating whether FTX properly handled customer funds, as well as its relationship with other parts of Bankman-Fried’s crypto empire, including his trading house Alameda Research, Bloomberg News reported Wednesday.What does this mean for the markets?It’s injected a lot of uncertainty for investors who are worried about the potential for spreading contagion given the pivotal role FTX and its co-founder Sam Bankman-Fried played in the industry.FTT, the utility token of the FTX exchange, collapsed by more than 40% Wednesday following a tumble of more than 70% Tuesday. But just about every digital coin is struggling.Bitcoin fell as much as 15% to $15,987 on Wednesday, the least since November 2020, which leaves a lot of holders under water.What does this mean for FTX users?That’s unclear. Clients worried about the future of the exchange have already pulled out $430 million worth of Bitcoin in the space of just four days.How does this affect CZ and SBF?It’s a huge comedown for SBF, who had previously been seen as one of the most accomplished people in the industry.That’s playing out in fortunes, as well. Bankman-Fried’s 53% stake in FTX was worth about $6.2 billion before Tuesday’s takeover, according to the Bloomberg Billionaires Index, based on that fundraising round and the subsequent performance of publicly traded crypto companies. His crypto trading house, Alameda Research, contributed $7.4 billion to his personal fortune.The Bloomberg wealth index assumes existing FTX investors, including Bankman-Fried, will be completely wiped out by Binance’s bailout, and that the root of the exchange’s problems stemmed from Alameda. As a result, both FTX and Alameda are given a $1 value. That leaves SBF’s net worth at about $1 billion, down from $15.6 billion heading into Tuesday. The 94% loss is the biggest one-day collapse ever among billionaires tracked by Bloomberg.Changpeng ZhaoPhotographer: Zed Jameson/BloombergEven after pulling out of the deal, Bankman-Fried’s fall from grace leaves CZ as the top person in the crypto world. He’s had a rough period too, with his fortune down 84% year-to-date, according to the Billionaires Index — but he’s still estimated to be worth $14.9 billion.What does this mean in terms of regulation?This episode and how quickly it unfolded provide a stark example for regulators who have been concerned about the lack of guardrails in the freewheeling crypto space. Jurisdictions that have been considering looser rules may be less likely to do so — especially on the back a few months ago of implosions in the Terra/Luna ecosystem and hedge fund Three Arrows Capital.What’s Next?Bankman-Fried told FTX.com investors on Wednesday that the company needs a cash injection, or else it would need to file for bankruptcy, Bloomberg News reported.Whether FTX survives this crisis or not, the entire industry is on edge about the risks of contagion.","news_type":1},"isVote":1,"tweetType":1,"viewCount":199,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9960454350,"gmtCreate":1668232682870,"gmtModify":1676538032523,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Which idiots speculating shit and cause panic selling","listText":"Which idiots speculating shit and cause panic selling","text":"Which idiots speculating shit and cause panic selling","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9960454350","repostId":"2282555601","repostType":4,"repost":{"id":"2282555601","pubTimestamp":1668095223,"share":"https://www.laohu8.com/m/news/2282555601?lang=&edition=full","pubTime":"2022-11-10 23:47","market":"other","language":"en","title":"Panic Among Bitcoin Investors Intensifies: When Will It End?","url":"https://stock-news.laohu8.com/highlight/detail?id=2282555601","media":"Seekingalpha","summary":"After a period of low cryptocurrency volatility, the price of Bitcoin (BTC-USD) fell sharply from $2","content":"<html><head></head><body><p>After a period of low cryptocurrency volatility, the price of Bitcoin (BTC-USD) fell sharply from $21,400 to $17,150 and is currently trading in a narrow price range of $18,100-$18,500 after a slight recovery. As described in my previous Bitcoin article, the key reason for the fall below the psychological threshold of $20,000 per Bitcoin is the Fed&#39;s fourth consecutive increase in the Fed&#39;s interest rate to a record high in the past sixteen years. Investors continue to massively withdraw from risky assets, which only increases the tension in both the stock and cryptocurrency markets, while more conservative participants with significant financial resources seek to wait out the period of macroeconomic instability in assets that bring dividends or coupon payments.</p><p><img src=\"https://static.tigerbbs.com/a2850e83852c12ae12a68fe2a6600fe3\" tg-width=\"640\" tg-height=\"259\" referrerpolicy=\"no-referrer\"/></p><p>Source: N_Aisenstadt — TradingView</p><p>This article will present factors that indicate continued downward pressure on the price of Bitcoin, but at the same time, some of them begin to indicate the appearance of the first glimpses of hope for the end of the bearish trend in the medium term.</p><h2>Bears control the situation in the cryptocurrency market</h2><p>One of the most effective tools for tracking and modeling changes in trends in the cryptocurrency market and sentiment among Bitcoin users is the analysis of on-chain activity. The dynamics of new on-chain addresses continue to decline from multi-year highs reached in May 2021, when mass euphoria swept almost all markets and new participants opened wallets and invested in “digital gold”. However, even then, the first signals of a decrease in interest in Bitcoin appeared, as the average monthly rate of new addresses fell below the 365-day simple moving average marked in pink in the chart below. Moreover, a similar situation was observed in February 2018, after which the price of Bitcoin collapsed by 73% in less than a year. At the moment, the momentum of New Addresses is close to another upward spurt, as it happened in November 2018 after a multi-month period of low volatility and marked by a revival of hopes for the start of a new cycle of growth in demand for Bitcoin. However, this was a vain hope, as the price of Bitcoin collapsed from $6,600 to $3,300, and thus finally discouraged the majority of potential investors from buying “digital gold”. Moreover, at times of maximum stress among market participants and the subsequent formation of a bottom, the number of new addresses always reached a value of 240 thousand, which we still have not seen. As a consequence, this once again indicates that the current price range is not a bottom before a new up cycle begins.</p><p><img src=\"https://static.tigerbbs.com/fa7c9a2f19881374904ec93d1270397a\" tg-width=\"640\" tg-height=\"353\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author&#39;s elaboration, based on Glassnode</p><p>The logical consequence of the slowdown in the opening of new crypto wallets is a slowdown in the growth of the number of addresses with a non-zero balance, as most investors continue to exchange Bitcoin for fiat money and reinvest it in financial assets with less risk. A similar situation could be observed in the first three quarters of 2018, when the price of Bitcoin, after a sharp fall, remained in a narrow price range of $3,200-$4,000 for several months, while the S&amp;P 500 (SPY) and Nasdaq 100 (QQQ) continued their upward movement.<img src=\"https://static.tigerbbs.com/c846e3e72677d2a93a6818fffae6ba32\" tg-width=\"640\" tg-height=\"362\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author&#39;s elaboration, based on Glassnode</p><h2>Miners continue to experience the hardest times</h2><p>In my previous article, “Anticipating Crypto Crisis: Bitcoin Price Might Drop 35%”, I pointed out the continued dire situation in the mining industry, with hashrate and network difficulty setting new records and thereby provoking companies to sell off more coins to continue their activities. As of November 9, 2022, Bitcoin&#39;s average production cost is $19,600 while the spot price has fallen below $18,000. The last time a similar situation happened was four years ago and eventually led to a mass capitulation of miners. At the moment, miners earn only 3.47 BTC per day for every Exahash, or 62.5 thousand in dollar terms, which is 25.2% less than last quarter. Increased competition among such mastodons of the industry as Riot Blockchain (RIOT) and HIVE Blockchain Technologies (HIVE) does not lead to the recovery of the cryptocurrency market, but only aggravates the situation and the longer this happens, the longer the period of its recovery will continue. I expect the sideways trend in the $12,700-$13,600 price range, in which more patient investors will accumulate coins in their wallets, to last a little longer than before. As a consequence, this will lead to a significant decrease in the investment interest of those who try to make a quick profit in this market and will also maintain downward pressure on the share prices of crypto miners.</p><p><img src=\"https://static.tigerbbs.com/b995c945a1f7a44d756b0aadbd8f437d\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author&#39;s elaboration, based on Glassnode</p><p>A period of apathy among crypto market participants due to a sharp drop in the profitability of their investments leads to the transition of Bitcoin from more impulsive investors to those who understand the value of cryptocurrencies. These trends can be analyzed using the percent of supply in profit, which provides information about the state of the market cycle. At the moment, this indicator continues to be in a downward trend and thus demonstrates the dominance of the share of supply in losses and, as a result, the preservation of bearish sentiment in the cryptocurrency market.</p><p><img src=\"https://static.tigerbbs.com/02be3db613dc233a31c251c55f282798\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author&#39;s elaboration, based on Glassnode</p><h2>Holders continue to accumulate Bitcoin</h2><p>Despite the decline in interest and confidence in cryptocurrencies, long-term investors do not lose optimism about the future of Bitcoin and continue to accumulate it. The share of U.S. dollar wealth held in BTC that hasn&#39;t moved in the last six months has hit a multi-year low. In previous Bitcoin cycles, such extremely low values were marked by the formation of the bottom of the main cryptocurrency and, in my opinion, a similar situation will repeat in 2022-2023.</p><p><img src=\"https://static.tigerbbs.com/251ce31d56d46d078173334b5014eb75\" tg-width=\"640\" tg-height=\"360\" referrerpolicy=\"no-referrer\"/></p><p>Source: Author&#39;s elaboration, based on Glassnode</p><h2>Conclusion</h2><p>Since writing my last bearish article in October 2022, the price of Bitcoin has fallen by more than 10%, which is consistent with my expectations for the behavior of the cryptocurrency market, which is experiencing capital outflows to less risky assets.</p><p><img src=\"https://static.tigerbbs.com/ea9d70bfb9b3aea5f3934bf7bb637f08\" tg-width=\"290\" tg-height=\"413\" referrerpolicy=\"no-referrer\"/></p><p>Source: Nathan Aisenstadt — Seeking Alpha</p><p>The panic among high-risk assets, including those traded on the stock market, does not contribute to the transition of Bitcoin from a bearish trend to a bullish one. The network difficulty sets new multi-year records and thus reduces investment in the mining industry, which is in dire need of additional funding to buy more efficient equipment. Moreover, the increase in downward pressure on the price of Bitcoin comes at a time when one of the global crypto-currency exchanges, namely FTX (FTT-USD), is facing a liquidity crisis and thus only increasing the likelihood of a domino effect on other market participants.</p><p>On the other hand, prerequisites for the end of the bearish trend are beginning to appear due to an increase in the number of long-term holders who are confident in the bright future of cryptocurrencies. In addition, I expect a slowdown in the Fed rate hike in 2023 due to the slowdown in U.S. inflation and the victory of the Republicans in the elections to the House of Representatives. As a result, the Democrats will not be able to promote all their ideas, which required multibillion-dollar investments with the subsequent rise in inflation, and as a result, this will lead to an easing of the Fed&#39;s monetary policy. As a result, investors will begin to consider investing in high-risk assets such as Bitcoin, Dogecoin (DOGE-USD), Ethereum (ETH-USD), and Cardano (ADA-USD). From the point of view of technical analysis, as in the previous article, I expect the price of Bitcoin to decline to the range of $12,700-$13,600, after which there will be a multi-month period of accumulation and the cycle will start again.</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>Panic Among Bitcoin Investors Intensifies: When Will It End?</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\">\nPanic Among Bitcoin Investors Intensifies: When Will It End?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-10 23:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4555528-panic-among-bitcoin-investors-intensifies-when-will-it-end><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a period of low cryptocurrency volatility, the price of Bitcoin (BTC-USD) fell sharply from $21,400 to $17,150 and is currently trading in a narrow price range of $18,100-$18,500 after a slight ...</p>\n\n<a href=\"https://seekingalpha.com/article/4555528-panic-among-bitcoin-investors-intensifies-when-will-it-end\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://seekingalpha.com/article/4555528-panic-among-bitcoin-investors-intensifies-when-will-it-end","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2282555601","content_text":"After a period of low cryptocurrency volatility, the price of Bitcoin (BTC-USD) fell sharply from $21,400 to $17,150 and is currently trading in a narrow price range of $18,100-$18,500 after a slight recovery. As described in my previous Bitcoin article, the key reason for the fall below the psychological threshold of $20,000 per Bitcoin is the Fed's fourth consecutive increase in the Fed's interest rate to a record high in the past sixteen years. Investors continue to massively withdraw from risky assets, which only increases the tension in both the stock and cryptocurrency markets, while more conservative participants with significant financial resources seek to wait out the period of macroeconomic instability in assets that bring dividends or coupon payments.Source: N_Aisenstadt — TradingViewThis article will present factors that indicate continued downward pressure on the price of Bitcoin, but at the same time, some of them begin to indicate the appearance of the first glimpses of hope for the end of the bearish trend in the medium term.Bears control the situation in the cryptocurrency marketOne of the most effective tools for tracking and modeling changes in trends in the cryptocurrency market and sentiment among Bitcoin users is the analysis of on-chain activity. The dynamics of new on-chain addresses continue to decline from multi-year highs reached in May 2021, when mass euphoria swept almost all markets and new participants opened wallets and invested in “digital gold”. However, even then, the first signals of a decrease in interest in Bitcoin appeared, as the average monthly rate of new addresses fell below the 365-day simple moving average marked in pink in the chart below. Moreover, a similar situation was observed in February 2018, after which the price of Bitcoin collapsed by 73% in less than a year. At the moment, the momentum of New Addresses is close to another upward spurt, as it happened in November 2018 after a multi-month period of low volatility and marked by a revival of hopes for the start of a new cycle of growth in demand for Bitcoin. However, this was a vain hope, as the price of Bitcoin collapsed from $6,600 to $3,300, and thus finally discouraged the majority of potential investors from buying “digital gold”. Moreover, at times of maximum stress among market participants and the subsequent formation of a bottom, the number of new addresses always reached a value of 240 thousand, which we still have not seen. As a consequence, this once again indicates that the current price range is not a bottom before a new up cycle begins.Source: Author's elaboration, based on GlassnodeThe logical consequence of the slowdown in the opening of new crypto wallets is a slowdown in the growth of the number of addresses with a non-zero balance, as most investors continue to exchange Bitcoin for fiat money and reinvest it in financial assets with less risk. A similar situation could be observed in the first three quarters of 2018, when the price of Bitcoin, after a sharp fall, remained in a narrow price range of $3,200-$4,000 for several months, while the S&P 500 (SPY) and Nasdaq 100 (QQQ) continued their upward movement.Source: Author's elaboration, based on GlassnodeMiners continue to experience the hardest timesIn my previous article, “Anticipating Crypto Crisis: Bitcoin Price Might Drop 35%”, I pointed out the continued dire situation in the mining industry, with hashrate and network difficulty setting new records and thereby provoking companies to sell off more coins to continue their activities. As of November 9, 2022, Bitcoin's average production cost is $19,600 while the spot price has fallen below $18,000. The last time a similar situation happened was four years ago and eventually led to a mass capitulation of miners. At the moment, miners earn only 3.47 BTC per day for every Exahash, or 62.5 thousand in dollar terms, which is 25.2% less than last quarter. Increased competition among such mastodons of the industry as Riot Blockchain (RIOT) and HIVE Blockchain Technologies (HIVE) does not lead to the recovery of the cryptocurrency market, but only aggravates the situation and the longer this happens, the longer the period of its recovery will continue. I expect the sideways trend in the $12,700-$13,600 price range, in which more patient investors will accumulate coins in their wallets, to last a little longer than before. As a consequence, this will lead to a significant decrease in the investment interest of those who try to make a quick profit in this market and will also maintain downward pressure on the share prices of crypto miners.Source: Author's elaboration, based on GlassnodeA period of apathy among crypto market participants due to a sharp drop in the profitability of their investments leads to the transition of Bitcoin from more impulsive investors to those who understand the value of cryptocurrencies. These trends can be analyzed using the percent of supply in profit, which provides information about the state of the market cycle. At the moment, this indicator continues to be in a downward trend and thus demonstrates the dominance of the share of supply in losses and, as a result, the preservation of bearish sentiment in the cryptocurrency market.Source: Author's elaboration, based on GlassnodeHolders continue to accumulate BitcoinDespite the decline in interest and confidence in cryptocurrencies, long-term investors do not lose optimism about the future of Bitcoin and continue to accumulate it. The share of U.S. dollar wealth held in BTC that hasn't moved in the last six months has hit a multi-year low. In previous Bitcoin cycles, such extremely low values were marked by the formation of the bottom of the main cryptocurrency and, in my opinion, a similar situation will repeat in 2022-2023.Source: Author's elaboration, based on GlassnodeConclusionSince writing my last bearish article in October 2022, the price of Bitcoin has fallen by more than 10%, which is consistent with my expectations for the behavior of the cryptocurrency market, which is experiencing capital outflows to less risky assets.Source: Nathan Aisenstadt — Seeking AlphaThe panic among high-risk assets, including those traded on the stock market, does not contribute to the transition of Bitcoin from a bearish trend to a bullish one. The network difficulty sets new multi-year records and thus reduces investment in the mining industry, which is in dire need of additional funding to buy more efficient equipment. Moreover, the increase in downward pressure on the price of Bitcoin comes at a time when one of the global crypto-currency exchanges, namely FTX (FTT-USD), is facing a liquidity crisis and thus only increasing the likelihood of a domino effect on other market participants.On the other hand, prerequisites for the end of the bearish trend are beginning to appear due to an increase in the number of long-term holders who are confident in the bright future of cryptocurrencies. In addition, I expect a slowdown in the Fed rate hike in 2023 due to the slowdown in U.S. inflation and the victory of the Republicans in the elections to the House of Representatives. As a result, the Democrats will not be able to promote all their ideas, which required multibillion-dollar investments with the subsequent rise in inflation, and as a result, this will lead to an easing of the Fed's monetary policy. As a result, investors will begin to consider investing in high-risk assets such as Bitcoin, Dogecoin (DOGE-USD), Ethereum (ETH-USD), and Cardano (ADA-USD). From the point of view of technical analysis, as in the previous article, I expect the price of Bitcoin to decline to the range of $12,700-$13,600, after which there will be a multi-month period of accumulation and the cycle will start again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9987731890,"gmtCreate":1667988140610,"gmtModify":1676537995089,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hope it will soar","listText":"Hope it will soar","text":"Hope it will soar","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9987731890","repostId":"2281074736","repostType":4,"repost":{"id":"2281074736","pubTimestamp":1667829646,"share":"https://www.laohu8.com/m/news/2281074736?lang=&edition=full","pubTime":"2022-11-07 22:00","market":"us","language":"en","title":"Wall Street Thinks Sea Limited's Stock Will Double Over the Next Year. Are They Right?","url":"https://stock-news.laohu8.com/highlight/detail?id=2281074736","media":"Motley Fool","summary":"Sea Limited's execution is a tale of two segments.","content":"<html><head></head><body><p>Finding stocks with the potential to double in a year or less is rare, but that&#39;s exactly what Wall Street analysts project for <b>Sea Limited</b>. With an average one-year price target of $109 against a stock price of less than $50, there&#39;s clearly a lot of projected upside.</p><p>What does Wall Street know that investors are missing? Or is Sea Limited&#39;s stock just that undervalued? Let&#39;s find out.</p><h2>One booming and one struggling segment</h2><p>The first thing to know about Sea Limited is that it isn&#39;t a U.S.-focused company. Sea in the name is actually a reference to &#34;Southeast Asia,&#34; which is also evidenced by its headquarters being in Singapore. It&#39;s a multi-faceted business and has a few segments you wouldn&#39;t think go together well.</p><p>Sea&#39;s original segment is Garena. Garena is a video game company whose most popular title is <i>Free Fire</i>, which has been the most downloaded game globally for a couple of years now. It attracts the third-most monthly active users for mobile games on <b>Alphabet</b>&#39;s Google Play store.</p><p>Unfortunately, Garena has been struggling lately. Quarterly active users were down 15% year over year in the second quarter, and paying users were down 39%. Overall, revenue for the Garena division slipped 12% year over year to $900 million. <i>Free Fire</i>, Garena&#39;s most popular title, has been around since 2017, so its popularity is leveling off, which is creating some drag on growth metrics. Additionally, <i>Free Fire</i> was banned in India earlier in 2022, eliminating a huge market.</p><p>These results worry investors because Garena, and <i>Free Fire</i>, have long been the revenue engine supporting the company&#39;s expansion into other revenue streams.</p><p>Sea Limited&#39;s other main division, the Shopee e-commerce store, is working hard to establish itself. Gross merchandise volume was up 27% year over year to $19 billion in Q2, driving revenue growth of 76% to $1.8 billion. Within its e-commerce business is SeaMoney, a young but growing mobile wallet offering.</p><p>E-commerce is still booming, so Sea Limited&#39;s business performance is relatively neutral. However, Free Fire&#39;s revenue has been funding Shopee&#39;s growth. As that cash cow shrinks, it puts further pressure on Sea Limited&#39;s bottom line.</p><h2>Losses are mounting for Sea Limited</h2><p>While combined revenue rose 29% year over year, cost of revenue rose 37%, meaning its gross margin is shrinking. Operating expenses also exploded higher in two particular areas.</p><table border=\"1\"><tbody><tr><th>Expense</th><th>Growth (YOY)</th></tr><tr><td>General and administrative</td><td>96%</td></tr><tr><td>Research and development</td><td>115%</td></tr></tbody></table><p>Data source: Sea Limited. YOY = year over year.</p><p>With administrative costs rising, investors may question where that money is going. Research and development expenses are a little easier to imagine; it could be working on new games, building out its digital wallet platform, or improving its e-commerce store. More than likely, that money is pouring into its e-commerce business as it is valiantly trying to build out its e-commerce offering by spending heavily on advertising in regions it&#39;s trying to expand into, like India, Latin America, and Southeast Asia itself. But with expenses doubling, questions about sustainability are arising.</p><p>With a net loss of $931 million, Sea Limited has a significant gap between its current state and profitability point. Management also did nothing to reassure investors with its guidance for the rest of 2022.</p><p>Management suspended guidance for 2022, citing a &#34;strategic shift&#34; to focus on the &#34;efficiency and optimization&#34; of its e-commerce business. However, after seeing expenses rise tremendously, the guidance suspension raises some serious red flags for me. Additionally, a memo floated by management a few months ago stressed that the company needs to become free-cash-flow positive because the financial markets are drying up, and thus Sea&#39;s access to additional capital will be limited.</p><p>That&#39;s also why Sea&#39;s price-to-sales valuation has been significantly reduced.</p><p><img src=\"https://static.tigerbbs.com/f9c78554bbb3fa3c82b4b461de5a4f27\" tg-width=\"720\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>SE PS Ratio data by YCharts</p><p>At 2.3 times sales, Sea Limited&#39;s stock may seem cheap. However, if the company genuinely focuses on its e-commerce business, it will trade like an e-commerce stock. <b>Amazon</b> trades for 2.1 times sales, so Sea Limited is essentially in the correct price range.</p><p>I&#39;m going to have to disagree with Wall Street&#39;s analysts here. I think Sea Limited&#39;s stock price at the moment is right about where it deserves to be. The company isn&#39;t executing well, has rising expenses, and is shifting its business model. I&#39;m not saying Sea Limited&#39;s stock should be sold, but there is just too much uncertainty in the stock to take a position right now.</p><p>Amazon is a much better buy, in my opinion. Investors shouldn&#39;t try to hit a home run with Sea Limited when they have a clear and proven winner attractively priced in front of them.</p></body></html>","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>Wall Street Thinks Sea Limited's Stock Will Double Over the Next Year. Are They Right?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street Thinks Sea Limited's Stock Will Double Over the Next Year. Are They Right?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-07 22:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/11/07/wall-street-thinks-sea-limited-stock-will-double/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Finding stocks with the potential to double in a year or less is rare, but that's exactly what Wall Street analysts project for Sea Limited. With an average one-year price target of $109 against a ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/11/07/wall-street-thinks-sea-limited-stock-will-double/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.fool.com/investing/2022/11/07/wall-street-thinks-sea-limited-stock-will-double/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2281074736","content_text":"Finding stocks with the potential to double in a year or less is rare, but that's exactly what Wall Street analysts project for Sea Limited. With an average one-year price target of $109 against a stock price of less than $50, there's clearly a lot of projected upside.What does Wall Street know that investors are missing? Or is Sea Limited's stock just that undervalued? Let's find out.One booming and one struggling segmentThe first thing to know about Sea Limited is that it isn't a U.S.-focused company. Sea in the name is actually a reference to \"Southeast Asia,\" which is also evidenced by its headquarters being in Singapore. It's a multi-faceted business and has a few segments you wouldn't think go together well.Sea's original segment is Garena. Garena is a video game company whose most popular title is Free Fire, which has been the most downloaded game globally for a couple of years now. It attracts the third-most monthly active users for mobile games on Alphabet's Google Play store.Unfortunately, Garena has been struggling lately. Quarterly active users were down 15% year over year in the second quarter, and paying users were down 39%. Overall, revenue for the Garena division slipped 12% year over year to $900 million. Free Fire, Garena's most popular title, has been around since 2017, so its popularity is leveling off, which is creating some drag on growth metrics. Additionally, Free Fire was banned in India earlier in 2022, eliminating a huge market.These results worry investors because Garena, and Free Fire, have long been the revenue engine supporting the company's expansion into other revenue streams.Sea Limited's other main division, the Shopee e-commerce store, is working hard to establish itself. Gross merchandise volume was up 27% year over year to $19 billion in Q2, driving revenue growth of 76% to $1.8 billion. Within its e-commerce business is SeaMoney, a young but growing mobile wallet offering.E-commerce is still booming, so Sea Limited's business performance is relatively neutral. However, Free Fire's revenue has been funding Shopee's growth. As that cash cow shrinks, it puts further pressure on Sea Limited's bottom line.Losses are mounting for Sea LimitedWhile combined revenue rose 29% year over year, cost of revenue rose 37%, meaning its gross margin is shrinking. Operating expenses also exploded higher in two particular areas.ExpenseGrowth (YOY)General and administrative96%Research and development115%Data source: Sea Limited. YOY = year over year.With administrative costs rising, investors may question where that money is going. Research and development expenses are a little easier to imagine; it could be working on new games, building out its digital wallet platform, or improving its e-commerce store. More than likely, that money is pouring into its e-commerce business as it is valiantly trying to build out its e-commerce offering by spending heavily on advertising in regions it's trying to expand into, like India, Latin America, and Southeast Asia itself. But with expenses doubling, questions about sustainability are arising.With a net loss of $931 million, Sea Limited has a significant gap between its current state and profitability point. Management also did nothing to reassure investors with its guidance for the rest of 2022.Management suspended guidance for 2022, citing a \"strategic shift\" to focus on the \"efficiency and optimization\" of its e-commerce business. However, after seeing expenses rise tremendously, the guidance suspension raises some serious red flags for me. Additionally, a memo floated by management a few months ago stressed that the company needs to become free-cash-flow positive because the financial markets are drying up, and thus Sea's access to additional capital will be limited.That's also why Sea's price-to-sales valuation has been significantly reduced.SE PS Ratio data by YChartsAt 2.3 times sales, Sea Limited's stock may seem cheap. However, if the company genuinely focuses on its e-commerce business, it will trade like an e-commerce stock. Amazon trades for 2.1 times sales, so Sea Limited is essentially in the correct price range.I'm going to have to disagree with Wall Street's analysts here. I think Sea Limited's stock price at the moment is right about where it deserves to be. The company isn't executing well, has rising expenses, and is shifting its business model. I'm not saying Sea Limited's stock should be sold, but there is just too much uncertainty in the stock to take a position right now.Amazon is a much better buy, in my opinion. Investors shouldn't try to hit a home run with Sea Limited when they have a clear and proven winner attractively priced in front of them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982664838,"gmtCreate":1667175736524,"gmtModify":1676537870379,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Metaverse is ambitious in current era. People have lots of real life real world problems to tackle, who the hell have time to \"escape\" into this fake world.&nbsp;","listText":"Metaverse is ambitious in current era. People have lots of real life real world problems to tackle, who the hell have time to \"escape\" into this fake world.&nbsp;","text":"Metaverse is ambitious in current era. People have lots of real life real world problems to tackle, who the hell have time to \"escape\" into this fake world.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/9982664838","repostId":"1157546425","repostType":4,"repost":{"id":"1157546425","pubTimestamp":1667098717,"share":"https://www.laohu8.com/m/news/1157546425?lang=&edition=full","pubTime":"2022-10-30 10:58","market":"us","language":"en","title":"Net Worth Wipeout: Massive Value Destruction in Tesla, Meta Platforms, and Amazon","url":"https://stock-news.laohu8.com/highlight/detail?id=1157546425","media":"TipRanks","summary":"Story HighlightsThe mightiest of the mighty have fallen fast as Tesla, Meta Platforms, and Amazon mi","content":"<div>\n<p>Story HighlightsThe mightiest of the mighty have fallen fast as Tesla, Meta Platforms, and Amazon missed earnings expectations and disappointed their shareholders. You’ll be amazed, and even shocked, ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/net-worth-wipeout-massive-value-destruction-in-tesla-meta-platforms-and-amazon\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Net Worth Wipeout: Massive Value Destruction in Tesla, Meta Platforms, and Amazon</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\">\nNet Worth Wipeout: Massive Value Destruction in Tesla, Meta Platforms, and Amazon\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-30 10:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/net-worth-wipeout-massive-value-destruction-in-tesla-meta-platforms-and-amazon><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsThe mightiest of the mighty have fallen fast as Tesla, Meta Platforms, and Amazon missed earnings expectations and disappointed their shareholders. You’ll be amazed, and even shocked, ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/net-worth-wipeout-massive-value-destruction-in-tesla-meta-platforms-and-amazon\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊","TSLA":"特斯拉","META":"Meta Platforms"},"source_url":"https://www.tipranks.com/news/article/net-worth-wipeout-massive-value-destruction-in-tesla-meta-platforms-and-amazon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157546425","content_text":"Story HighlightsThe mightiest of the mighty have fallen fast as Tesla, Meta Platforms, and Amazon missed earnings expectations and disappointed their shareholders. You’ll be amazed, and even shocked, to find out just how many billions of dollars these industry giants have lost in a matter of weeks, days, or even hours.For years, the stories of electric vehicle (EV) manufacturer Tesla (NASDAQ: TSLA), social media and metaverse business Meta Platforms (NASDAQ: META), and e-commerce giant Amazon (NASDAQ: AMZN) were tales of unencumbered growth. Yet, as they say on Wall Street, trees don’t just grow straight to the heavens. Sooner or later, even the biggest companies must encounter setbacks – and when they’re gigantic corporations, the losses can be absolutely staggering.In other words: The bigger they are, the harder they fall. Granted, we might not feel too sorry for multi-billionaires like Tesla CEO Elon Musk, Meta Platforms CEO Mark Zuckerberg, and Amazon Executive Chairman Jeff Bezos when they sustain financial losses. After all, they still have massive hoards of money and property; they’ll be just fine, no doubt, even after losing billions of dollars.Meta Platforms Gets Kicked Out of the Trillion-Dollar ClubA while back, you might have read news reports about the “trillion-dollar club,” which companies could join if their market caps reached a trillion dollars. It’s mind-blowing to think that this club even exists, but high dollar inflation and corporate growth mean that a trillion-dollar valuation is within reach in the 2020s.However, getting into the trillion-dollar club is one thing; staying in the club is another matter entirely. Reportedly, the tech-stock rout was so bad that Meta Platforms (a.k.a. Facebook) – which was among the five most valuable businesses in the U.S. and had a trillion-dollar market cap last year – is now worth around $270 billion.That’s a stunning $730 billion loss in just a year’s time, and META stock is currently trading at its lowest price since early 2016. Is it possible that Zuckerberg’s big bet on the metaverse isn’t working out as planned?Zuckerberg isn’t the only tech mogul to see billions wiped out. Bezos’ net worth plunged from its $214 billion peak in July 2021 to around $111 billion. This represents a mind-numbing $103 billion capital loss.Meanwhile, Musk lost over $100 billion during the past 12 months – but again, no one’s throwing any pity parties as Musk is still the world’s richest person. Thus, between Zuckerberg, Bezos, and Musk, we can account for a net-worth loss totaling $941 billion.These losses have also been reflected in the share prices of TSLA, AMZN, and META stock. So, before you send flowers and a get-well card to these billionaire owners, be sure to check your investment portfolio, as you might be in dire financial straits yourself.What Do Analysts Think about META, AMZN, and TSLA Stocks?Turning to Wall Street, analysts still have positive views on META, AMZN, and TSLA stocks. As per the picture below, you can see that Amazon has a Strong Buy consensus rating, whereas the other two have a Moderate Buy rating. Their price targets are as follows:META – $146.48 (45.84% upside)AMZN – $165.45 (67.12% upside)TSLA – $292.89 (33.3% upside)","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982051356,"gmtCreate":1667054667476,"gmtModify":1676537854746,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Sea is drowning&nbsp;","listText":"Sea is drowning&nbsp;","text":"Sea is drowning","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9982051356","repostId":"1104333657","repostType":4,"repost":{"id":"1104333657","pubTimestamp":1666948108,"share":"https://www.laohu8.com/m/news/1104333657?lang=&edition=full","pubTime":"2022-10-28 17:08","market":"us","language":"en","title":"Another Cathie Wood Fund Exits Sea After $175 Billion Selloff","url":"https://stock-news.laohu8.com/highlight/detail?id=1104333657","media":"Bloomberg","summary":"Ark’s Internet ETF sold its last few shares on ThursdayWood’s ETFs have been selling shares in Sea s","content":"<html><head></head><body><ul><li>Ark’s Internet ETF sold its last few shares on Thursday</li><li>Wood’s ETFs have been selling shares in Sea since mid-May</li></ul><p>Funds managed by Cathie Wood are exiting the beleaguered Southeast Asian e-commerce giant Sea Ltd. one by one.</p><p>Ark Next Generation Internet ETF on Thursday sold its last few shares in Sea, almost a quarter after flagship Ark Innovation ETF exited from the company in June, according to Ark trading data compiled by Bloomberg.</p><p>Exchange traded funds backed by Wood’s firm Ark Investment Management LLC’s have been selling shares in Sea since mid-May. Ark Fintech Innovation ETF is now the only one holding shares in the Singapore-based company, according to Bloomberg data.</p><p>Ark’s selling has come in the backdrop of Sea losing about $175 billion of market value from its record high a year ago amid intensifying competition from Alibaba Group Holding Ltd. and concerns over its money-making prospects in an era of rising interest rates.</p><p>Stock has plunged nearly 80% this year and is now trading near its pre-pandemic levels, a far cry from once being the world’shottestlarge-cap in 2020.</p><p><img src=\"https://static.tigerbbs.com/b8cdb04b34df27dc80da85662e2e6ed5\" tg-width=\"930\" tg-height=\"523\" width=\"100%\" height=\"auto\"/></p><p>The Tencent Holdings Ltd.-backed company’s top management has started forgoing salaries, tightening expense policies and firing staff as it tries to curb ballooning losses and woo investors again.</p><p>“Ark bailing out on Sea does not bode well for the ASEAN Tech giant,” said Nirgunan Tiruchelvam, head of consumer and Internet at Aletheia Capital. “Sea needs to convince investors that it can generate cash sooner rather than later.”</p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Another Cathie Wood Fund Exits Sea After $175 Billion Selloff</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{ 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}\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\">\nAnother Cathie Wood Fund Exits Sea After $175 Billion Selloff\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 17:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-28/another-cathie-wood-fund-kicks-tech-giant-sea-intensifying-rout?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Ark’s Internet ETF sold its last few shares on ThursdayWood’s ETFs have been selling shares in Sea since mid-MayFunds managed by Cathie Wood are exiting the beleaguered Southeast Asian e-commerce ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-28/another-cathie-wood-fund-kicks-tech-giant-sea-intensifying-rout?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2022-10-28/another-cathie-wood-fund-kicks-tech-giant-sea-intensifying-rout?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104333657","content_text":"Ark’s Internet ETF sold its last few shares on ThursdayWood’s ETFs have been selling shares in Sea since mid-MayFunds managed by Cathie Wood are exiting the beleaguered Southeast Asian e-commerce giant Sea Ltd. one by one.Ark Next Generation Internet ETF on Thursday sold its last few shares in Sea, almost a quarter after flagship Ark Innovation ETF exited from the company in June, according to Ark trading data compiled by Bloomberg.Exchange traded funds backed by Wood’s firm Ark Investment Management LLC’s have been selling shares in Sea since mid-May. Ark Fintech Innovation ETF is now the only one holding shares in the Singapore-based company, according to Bloomberg data.Ark’s selling has come in the backdrop of Sea losing about $175 billion of market value from its record high a year ago amid intensifying competition from Alibaba Group Holding Ltd. and concerns over its money-making prospects in an era of rising interest rates.Stock has plunged nearly 80% this year and is now trading near its pre-pandemic levels, a far cry from once being the world’shottestlarge-cap in 2020.The Tencent Holdings Ltd.-backed company’s top management has started forgoing salaries, tightening expense policies and firing staff as it tries to curb ballooning losses and woo investors again.“Ark bailing out on Sea does not bode well for the ASEAN Tech giant,” said Nirgunan Tiruchelvam, head of consumer and Internet at Aletheia Capital. “Sea needs to convince investors that it can generate cash sooner rather than later.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982053514,"gmtCreate":1667054610739,"gmtModify":1676537854730,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9982053514","repostId":"1100972701","repostType":4,"repost":{"id":"1100972701","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1666967206,"share":"https://www.laohu8.com/m/news/1100972701?lang=&edition=full","pubTime":"2022-10-28 22:26","market":"us","language":"en","title":"Apple Shares Surged 7% After Bright Quarterly Results","url":"https://stock-news.laohu8.com/highlight/detail?id=1100972701","media":"Tiger Newspress","summary":"Apple shares surged 7% after bright quarterly results. Apple Inc on Thursday reported revenue and pr","content":"<html><head></head><body><p>Apple shares surged 7% after bright quarterly results. </p><p><img src=\"https://static.tigerbbs.com/95a804e258986e7bcf5fd048b265f67b\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation.</p><p>The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall below 8% in the December quarter but did not go as far as Amazon.com.</p><p>The Cupertino, California-based tech giant was saved by its oldest technology, its laptop computers, while its star, the iPhone, stumbled.</p><p>Although iPhone sales were not as strong as some analysts had targeted, they were still a record for the September quarter. Mac sales of $11.5 billion were far head of analyst estimates of $9.36 billion.</p><p>Apple&#39;s results showed some resilience in the face of a weak economy and strong U.S. dollar that has led to disastrous reports from many tech companies. Like Facebook parent Meta and Snap, Apple is seeing softness in advertising spending. Overall, Apple said quarterly revenue rose 8% to $90.1 billion, above estimates of $88.9 billion, and net profit was $1.29 per share, topping with the average analyst estimate of $1.27 per share, according to Refinitiv data.</p><p>&#34;We did better than we anticipated, in spite of the fact that foreign exchange was a significant negative for us,&#34; said Chief Financial Officer Luca Maestri.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. For consumers, it increases the price of new devices when bought in countries outside of the United States.</p><p>Apple&#39;s iPhone sales for the company&#39;s fiscal fourth quarter rose to $42.6 billion, when Wall Street expected sales of $43.21 billion, according to Refinitiv IBES.</p><p>Maestri said iPhone sales set a record for the September quarter, improving 10% over the prior year&#39;s quarter and exceeding the company&#39;s forecast.</p><p>&#34;The iPhone number is a hint of the turmoil and uncertainty in the market, but Apple has different ways to offset,&#34; said Runar Bjorhovde, a research analyst at market research firm Canalys.</p><p>Sales of Apple&#39;s Mac computers received a boost from this summer&#39;s introduction of redesigned MacBook Air and MacBook Pro laptops. New tablets went on sale this week.</p><p>Apple said its gross margin of 43.3% was a record for the September quarter.</p><p>Maestri said the robust computer sales also reflected a backlog of orders, caused by a prolonged shutdown at one of the factories that produces Macs, which the Apple was able to fill in the quarter.</p><p>The company reported sales of iPads were $7.2 billion, compared with the average estimate of $7.94 billion.</p><p>Apple wearables such as AirPods and other accessories notched sales of $9.7 billion, slightly ahead of the Wall Street forecast of $9.2 billion.</p><p>&#34;They said they didn’t have particular issue with supply, so that seems to be a thing of the past,&#34; said Creative Strategies consumer analyst Carolina Milanesi.</p><p>Growth in the company&#39;s services business, which has buoyed sales and profits in recent years, saw a rise to $19.2 billion in revenue, below the estimate of $20.10 billion.</p><p>Maestri said Apple experienced softness in digital advertising and gaming, as have others in the sector.</p><p>&#34;Like other major tech companies, even Apple is suffering from the negative impact of a worsening macro backdrop and ongoing supply chain woes, though it has done a better job of navigating through the challenging environment,&#34; Jesse Cohen, senior analyst at Investing.com.</p><p>In China, which has experienced a sharp economic slowdown, Apple reported fourth-quarter sales of $15.5 billion. That is a gain from the prior quarter, when Apple logged sales of $14.6 billion.</p><p>Apple said it now has 900 million paying subscribers to its services, up from the previous quarter&#39;s 860 million.</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>Apple Shares Surged 7% After Bright Quarterly Results</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\">\nApple Shares Surged 7% After Bright Quarterly Results\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-10-28 22:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Apple shares surged 7% after bright quarterly results. </p><p><img src=\"https://static.tigerbbs.com/95a804e258986e7bcf5fd048b265f67b\" tg-width=\"840\" tg-height=\"470\" width=\"100%\" height=\"auto\"/></p><p>Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation.</p><p>The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall below 8% in the December quarter but did not go as far as Amazon.com.</p><p>The Cupertino, California-based tech giant was saved by its oldest technology, its laptop computers, while its star, the iPhone, stumbled.</p><p>Although iPhone sales were not as strong as some analysts had targeted, they were still a record for the September quarter. Mac sales of $11.5 billion were far head of analyst estimates of $9.36 billion.</p><p>Apple&#39;s results showed some resilience in the face of a weak economy and strong U.S. dollar that has led to disastrous reports from many tech companies. Like Facebook parent Meta and Snap, Apple is seeing softness in advertising spending. Overall, Apple said quarterly revenue rose 8% to $90.1 billion, above estimates of $88.9 billion, and net profit was $1.29 per share, topping with the average analyst estimate of $1.27 per share, according to Refinitiv data.</p><p>&#34;We did better than we anticipated, in spite of the fact that foreign exchange was a significant negative for us,&#34; said Chief Financial Officer Luca Maestri.</p><p>The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. For consumers, it increases the price of new devices when bought in countries outside of the United States.</p><p>Apple&#39;s iPhone sales for the company&#39;s fiscal fourth quarter rose to $42.6 billion, when Wall Street expected sales of $43.21 billion, according to Refinitiv IBES.</p><p>Maestri said iPhone sales set a record for the September quarter, improving 10% over the prior year&#39;s quarter and exceeding the company&#39;s forecast.</p><p>&#34;The iPhone number is a hint of the turmoil and uncertainty in the market, but Apple has different ways to offset,&#34; said Runar Bjorhovde, a research analyst at market research firm Canalys.</p><p>Sales of Apple&#39;s Mac computers received a boost from this summer&#39;s introduction of redesigned MacBook Air and MacBook Pro laptops. New tablets went on sale this week.</p><p>Apple said its gross margin of 43.3% was a record for the September quarter.</p><p>Maestri said the robust computer sales also reflected a backlog of orders, caused by a prolonged shutdown at one of the factories that produces Macs, which the Apple was able to fill in the quarter.</p><p>The company reported sales of iPads were $7.2 billion, compared with the average estimate of $7.94 billion.</p><p>Apple wearables such as AirPods and other accessories notched sales of $9.7 billion, slightly ahead of the Wall Street forecast of $9.2 billion.</p><p>&#34;They said they didn’t have particular issue with supply, so that seems to be a thing of the past,&#34; said Creative Strategies consumer analyst Carolina Milanesi.</p><p>Growth in the company&#39;s services business, which has buoyed sales and profits in recent years, saw a rise to $19.2 billion in revenue, below the estimate of $20.10 billion.</p><p>Maestri said Apple experienced softness in digital advertising and gaming, as have others in the sector.</p><p>&#34;Like other major tech companies, even Apple is suffering from the negative impact of a worsening macro backdrop and ongoing supply chain woes, though it has done a better job of navigating through the challenging environment,&#34; Jesse Cohen, senior analyst at Investing.com.</p><p>In China, which has experienced a sharp economic slowdown, Apple reported fourth-quarter sales of $15.5 billion. That is a gain from the prior quarter, when Apple logged sales of $14.6 billion.</p><p>Apple said it now has 900 million paying subscribers to its services, up from the previous quarter&#39;s 860 million.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100972701","content_text":"Apple shares surged 7% after bright quarterly results. Apple Inc on Thursday reported revenue and profit that topped Wall Street targets, one of the few bright spots in a tech sector battered by spending cutbacks due to inflation.The forecast for the holiday quarter was more grim. While not providing specific numbers, Apple said revenue growth would fall below 8% in the December quarter but did not go as far as Amazon.com.The Cupertino, California-based tech giant was saved by its oldest technology, its laptop computers, while its star, the iPhone, stumbled.Although iPhone sales were not as strong as some analysts had targeted, they were still a record for the September quarter. Mac sales of $11.5 billion were far head of analyst estimates of $9.36 billion.Apple's results showed some resilience in the face of a weak economy and strong U.S. dollar that has led to disastrous reports from many tech companies. Like Facebook parent Meta and Snap, Apple is seeing softness in advertising spending. Overall, Apple said quarterly revenue rose 8% to $90.1 billion, above estimates of $88.9 billion, and net profit was $1.29 per share, topping with the average analyst estimate of $1.27 per share, according to Refinitiv data.\"We did better than we anticipated, in spite of the fact that foreign exchange was a significant negative for us,\" said Chief Financial Officer Luca Maestri.The rising U.S. dollar has hit many companies such as Apple that generate substantial foreign revenue and are getting less cash back when they convert it. For consumers, it increases the price of new devices when bought in countries outside of the United States.Apple's iPhone sales for the company's fiscal fourth quarter rose to $42.6 billion, when Wall Street expected sales of $43.21 billion, according to Refinitiv IBES.Maestri said iPhone sales set a record for the September quarter, improving 10% over the prior year's quarter and exceeding the company's forecast.\"The iPhone number is a hint of the turmoil and uncertainty in the market, but Apple has different ways to offset,\" said Runar Bjorhovde, a research analyst at market research firm Canalys.Sales of Apple's Mac computers received a boost from this summer's introduction of redesigned MacBook Air and MacBook Pro laptops. New tablets went on sale this week.Apple said its gross margin of 43.3% was a record for the September quarter.Maestri said the robust computer sales also reflected a backlog of orders, caused by a prolonged shutdown at one of the factories that produces Macs, which the Apple was able to fill in the quarter.The company reported sales of iPads were $7.2 billion, compared with the average estimate of $7.94 billion.Apple wearables such as AirPods and other accessories notched sales of $9.7 billion, slightly ahead of the Wall Street forecast of $9.2 billion.\"They said they didn’t have particular issue with supply, so that seems to be a thing of the past,\" said Creative Strategies consumer analyst Carolina Milanesi.Growth in the company's services business, which has buoyed sales and profits in recent years, saw a rise to $19.2 billion in revenue, below the estimate of $20.10 billion.Maestri said Apple experienced softness in digital advertising and gaming, as have others in the sector.\"Like other major tech companies, even Apple is suffering from the negative impact of a worsening macro backdrop and ongoing supply chain woes, though it has done a better job of navigating through the challenging environment,\" Jesse Cohen, senior analyst at Investing.com.In China, which has experienced a sharp economic slowdown, Apple reported fourth-quarter sales of $15.5 billion. That is a gain from the prior quarter, when Apple logged sales of $14.6 billion.Apple said it now has 900 million paying subscribers to its services, up from the previous quarter's 860 million.","news_type":1},"isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983474727,"gmtCreate":1666313959870,"gmtModify":1676537738973,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Poor folks can't keep up with the likes of these wealthy giants","listText":"Poor folks can't keep up with the likes of these wealthy giants","text":"Poor folks can't keep up with the likes of these wealthy giants","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983474727","repostId":"2275162921","repostType":4,"repost":{"id":"2275162921","pubTimestamp":1665989517,"share":"https://www.laohu8.com/m/news/2275162921?lang=&edition=full","pubTime":"2022-10-17 14:51","market":"us","language":"en","title":"Why Occidental Petroleum Could Be Warren Buffett's Next Apple","url":"https://stock-news.laohu8.com/highlight/detail?id=2275162921","media":"Motley Fool","summary":"The last time Buffett bought stock from Carl Icahn, it worked out awfully well.","content":"<html><head></head><body><p>At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors  -- and both are still at it!</p><p>In fact, these two seniors have been quite active this year, especially around oil giant <b>Occidental Petroleum</b> (OXY). After Russia&#39;s invasion of Ukraine, Icahn sold his stake in the company, which he had held since 2019. On the flip side, Warren Buffett has been buying Occidental shares hand over fist throughout the year, scooping up over 20% of the American oil driller.</p><p>So which famous investor is right? Well, Buffett buying from Icahn has actually happened once before, with a small company you may have heard of called <b>Apple</b> (AAPL -3.22%).</p><p>Judging from that experience, Buffett could do very, very well with Occidental.</p><h2>Apple&#39;s buyback is a result of Icahn activism</h2><p>Carl Icahn is what is known as an activist investor. Activists buy shares in a company that is valued cheaply, due to something the investor perceives as a mistake or flaw. An activist usually purchases a meaningful position, then privately and publicly advocates for changes to unlock value.</p><p>Icahn took his first position in Apple in late 2013, when Apple was trading rather cheaply and had a ton of cash on its balance sheet. In January 2014, Icahn wrote a letter to the board and met with CEO Tim Cook, advocating that Apple begin returning that cash to shareholders in the form of share repurchases.</p><p>Buying back stock at a low valuation can add a lot of value to shareholders, but Apple had hoarded cash even as its iPhone sales grew massively in the early 2010s. That caution stemmed from Apple&#39;s more tumultuous past, when it nearly went bankrupt in the late 1990s.</p><p>Apple had already begun paying a small dividend, but did eventually implement a large buyback, as Icahn requested, in 2014 and 2015. In 2015, Apple also had a particularly good sales year, a result of its high growth in China. That year also included the introduction of the Apple Watch.</p><p>Yet after a boom in 2015, 2016 saw a slowdown, with the volatile China market giving back some its big 2015 gains. Icahn dumped his Apple stake, saying he was &#34;worried about China.&#34; But he had already made a $2 billion profit on a $3.2 billion investment.</p><h2>Buffett swoops in</h2><p>Of course, that very downturn was when Warren Buffett began buying Apple for <b>Berkshire Hathaway</b>&#39;s (BRK.A -0.59%) (BRK.B -1.13%) portfolio. As Buffett watchers know by now, Buffett made even bigger gains than Icahn. Over the five years though 2021, Buffett&#39;s investment in Apple went up more than fivefold, and became Buffett&#39;s greatest investment in terms of overall dollar returns.</p><p>Buffett likely identified Apple not only as a cheap stock amid the pessimism of 2016, but also as a powerful brand with huge customer loyalty. With the smartphone becoming such an important part of people&#39;s lives, it was also becoming &#34;expensive real estate.&#34; At that time, Apple was also extending its brand to services, charging fees to third-party apps for access to that real estate.</p><p>Buffett probably liked the recurring nature of Apple&#39;s service and app store fees that it could extract from both iPhone owners and businesses looking to gain access to those masses of affluent consumers.</p><p>When you combine that with Apple&#39;s newfound improved capital allocation to shareholders, the investment seems like a no-brainer in retrospect.</p><p>So while Icahn saw a good but flawed business he could improve and then exit for a quick profit, Buffett likely saw a now-flawlessly run business (after Icahn&#39;s fixes) that he could own for the long haul.</p><h2>Is the same thing happening with Occidental?</h2><p>Turning to Occidental, Icahn bought shares in the company after its expensive $38 billion acquisition of Anadarko Petroleum back in May 2019. Shares plunged, as investors believed Occidental paid too much in a bidding war.</p><p>Icahn bought shares, accused management of making a terrible acquisition, and advocated firing CEO Vicki Hollub while demanding seats on the board of directors. When oil prices plunged in March of 2020 as COVID-19 spread, Icahn increased his stake and therefore his heft in the company.</p><p>Eventually, Icahn struck a deal, allowing him to put two of his deputies and another hand-picked executive on the board, while also bringing in former CEO Stephen Chazen to become executive chairman. The new board also formed a committee that would oversee any acquisitions, putting a check on Gollub&#39;s power, while also exploring a sale of the company to another oil major.</p><p>Eventually, the oil market recovered strongly from the pandemic downturn, as demand normalized after a year of big industry supply cuts. When Russia invaded Ukraine, oil spiked, as did Occidental&#39;s stock, and Icahn exited the investment with a handsome $1 billion in profits, along with another $500 million gain in Occidental warrants.</p><h2>Once again, Buffett thinks longer term</h2><p>While Buffett hasn&#39;t spoken much publicly this year on his Occidental buys, he likely has a bullish view of the oil market for the long term, while also appreciating Occidental specifically. Berkshire had already invested in Occidental in 2019 in the form of preferred stock to finance the Anadarko deal, but that was a safer fixed-income investment, albeit with warrants. So Buffett likely got to know management well during that time.</p><p>Yet no oil company can do really well without the price of oil and natural gas cooperating, and Buffett probably sees higher prices for longer in the oil market. That&#39;s likely for a number of reasons, including years of underinvestment in oil and gas exploration, U.S. shale companies consolidating and controlling their supply growth, and Russia&#39;s weaponizing of global energy markets.</p><p>In other words, Buffett is betting on a change from low to high oil prices, not dissimilar to the smartphone transitioning from mere gadget to an indispensable part of our daily lives.</p><h2>Both approaches can win, but nonprofessionals can only play one</h2><p>As you can see, both investors have different approaches. Icahn identifies cheap companies, then uses his financial heft and reputation to advocate for changes. After such changes are made and the investment improves, he usually exits, using the relatively quick profits to go on to the next special situation.</p><p>In contrast, Buffett tries to find quality stocks trading at cheap prices that he can hold for the long term, allowing the miracle of compounding to do its work.</p><p>While only institutional investors or incredibly wealthy individuals like Icahn can buy enough stock in a company to be an activist, any investor can attempt Buffett&#39;s more Foolish approach of long-term investing in excellent companies. Fortunately for us, that approach also tends to yield even more long-term profits, if done correctly.</p><p>But excellent companies don&#39;t often go on sale. It&#39;s interesting that in the situations of both Apple and Occidental, Icahn was able to improve capital allocation at an otherwise well-run business. Icahn even praised Occidental&#39;s land inventory and management&#39;s operational capabilities, even while advocating for changes.</p><p>Those changes likely made Buffett more comfortable in the compounding ability of each stock, and he probably identified these improvements as more permanent before the market did.</p><p>So why doesn&#39;t Icahn hold on to his &#34;fixed companies&#34; for the long term, as Buffett does? Icahn appears to idealize the strategy of activism and improving companies, almost irrespective of profit. In order to continue launching new campaigns, Icahn needs to continue recycling his older bets in order to bid for new targets. So Icahn exiting a stock might not mean he feels the stock is now a bad investment, it&#39;s just that his work is now done.</p><p>We&#39;ll see how Occidental fares in the future, but since buying a &#34;fixed up&#34; Apple worked out so well for Buffett last time, you have to like his odds with Occidental -- as long as the thesis of higher oil prices for a longer time proves true.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Occidental Petroleum Could Be Warren Buffett's Next Apple</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Occidental Petroleum Could Be Warren Buffett's Next Apple\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-17 14:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/16/occidental-petroleum-warren-buffetts-next-apple/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors  -- and both are still at it!In fact, these two seniors have been quite active this year...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/16/occidental-petroleum-warren-buffetts-next-apple/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4576":"AR","BK4575":"芯片概念","BK4566":"资本集团","IE0004445015.USD":"JANUS HENDERSON BALANCED \"A2\" (USD) ACC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","LU0353189763.USD":"ALLSPRING  US ALL CAP GROWTH FUND \"I\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4527":"明星科技股","BK4579":"人工智能","BK4550":"红杉资本持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0198837287.USD":"UBS (LUX) EQUITY SICAV - USA GROWTH \"P\" (USD) ACC","BK4507":"流媒体概念","LU0444971666.USD":"天利全球科技基金","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4573":"虚拟现实","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","LU0127658192.USD":"EASTSPRING INVESTMENTS GLOBAL TECHNOLOGY \"A\" (USD) ACC","BK4505":"高瓴资本持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","BK4581":"高盛持仓","IE00BJTD4N35.SGD":"Neuberger Berman US Long Short Equity A1  Acc SGD-H","LU0289739343.SGD":"SUSTAINABLE GLOBAL THEMATIC PORTFOLIO \"A\" (SGD) ACC","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","LU0348723411.USD":"ALLIANZ GLOBAL HI-TECH GROWTH \"A\" (USD) INC","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","IE00B775SV38.USD":"NEUBERGER BERMAN US MULTICAP OPPORTUNITIES \"A\" (USD) ACC","LU0234570918.USD":"高盛全球核心股票组合Acc Close","LU0238689110.USD":"贝莱德环球动力股票基金","LU0109391861.USD":"富兰克林美国机遇基金A Acc","BK4170":"电脑硬件、储存设备及电脑周边","LU0234572021.USD":"高盛美国核心股票组合Acc","IE00BJJMRX11.SGD":"Janus Henderson Balanced A Acc SGD","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","OXY":"西方石油","IE00BJTD4V19.USD":"NEUBERGER BERMAN US LONG SHORT EQUITY \"A1\" (USD) ACC","AAPL":"苹果","BK4532":"文艺复兴科技持仓","LU0640476718.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQ \"AU\" (USD) ACC","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","IE00BBT3K403.USD":"LEGG MASON CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A(USD) ACC","LU0353189680.USD":"富国美国全盘成长基金Cl A Acc","BK4553":"喜马拉雅资本持仓","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","BK4571":"数字音乐概念","BK4534":"瑞士信贷持仓"},"source_url":"https://www.fool.com/investing/2022/10/16/occidental-petroleum-warren-buffetts-next-apple/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2275162921","content_text":"At 92 and 86 years of age, respectively, Warren Buffett and Carl Icahn are two of the greatest living investors  -- and both are still at it!In fact, these two seniors have been quite active this year, especially around oil giant Occidental Petroleum (OXY). After Russia's invasion of Ukraine, Icahn sold his stake in the company, which he had held since 2019. On the flip side, Warren Buffett has been buying Occidental shares hand over fist throughout the year, scooping up over 20% of the American oil driller.So which famous investor is right? Well, Buffett buying from Icahn has actually happened once before, with a small company you may have heard of called Apple (AAPL -3.22%).Judging from that experience, Buffett could do very, very well with Occidental.Apple's buyback is a result of Icahn activismCarl Icahn is what is known as an activist investor. Activists buy shares in a company that is valued cheaply, due to something the investor perceives as a mistake or flaw. An activist usually purchases a meaningful position, then privately and publicly advocates for changes to unlock value.Icahn took his first position in Apple in late 2013, when Apple was trading rather cheaply and had a ton of cash on its balance sheet. In January 2014, Icahn wrote a letter to the board and met with CEO Tim Cook, advocating that Apple begin returning that cash to shareholders in the form of share repurchases.Buying back stock at a low valuation can add a lot of value to shareholders, but Apple had hoarded cash even as its iPhone sales grew massively in the early 2010s. That caution stemmed from Apple's more tumultuous past, when it nearly went bankrupt in the late 1990s.Apple had already begun paying a small dividend, but did eventually implement a large buyback, as Icahn requested, in 2014 and 2015. In 2015, Apple also had a particularly good sales year, a result of its high growth in China. That year also included the introduction of the Apple Watch.Yet after a boom in 2015, 2016 saw a slowdown, with the volatile China market giving back some its big 2015 gains. Icahn dumped his Apple stake, saying he was \"worried about China.\" But he had already made a $2 billion profit on a $3.2 billion investment.Buffett swoops inOf course, that very downturn was when Warren Buffett began buying Apple for Berkshire Hathaway's (BRK.A -0.59%) (BRK.B -1.13%) portfolio. As Buffett watchers know by now, Buffett made even bigger gains than Icahn. Over the five years though 2021, Buffett's investment in Apple went up more than fivefold, and became Buffett's greatest investment in terms of overall dollar returns.Buffett likely identified Apple not only as a cheap stock amid the pessimism of 2016, but also as a powerful brand with huge customer loyalty. With the smartphone becoming such an important part of people's lives, it was also becoming \"expensive real estate.\" At that time, Apple was also extending its brand to services, charging fees to third-party apps for access to that real estate.Buffett probably liked the recurring nature of Apple's service and app store fees that it could extract from both iPhone owners and businesses looking to gain access to those masses of affluent consumers.When you combine that with Apple's newfound improved capital allocation to shareholders, the investment seems like a no-brainer in retrospect.So while Icahn saw a good but flawed business he could improve and then exit for a quick profit, Buffett likely saw a now-flawlessly run business (after Icahn's fixes) that he could own for the long haul.Is the same thing happening with Occidental?Turning to Occidental, Icahn bought shares in the company after its expensive $38 billion acquisition of Anadarko Petroleum back in May 2019. Shares plunged, as investors believed Occidental paid too much in a bidding war.Icahn bought shares, accused management of making a terrible acquisition, and advocated firing CEO Vicki Hollub while demanding seats on the board of directors. When oil prices plunged in March of 2020 as COVID-19 spread, Icahn increased his stake and therefore his heft in the company.Eventually, Icahn struck a deal, allowing him to put two of his deputies and another hand-picked executive on the board, while also bringing in former CEO Stephen Chazen to become executive chairman. The new board also formed a committee that would oversee any acquisitions, putting a check on Gollub's power, while also exploring a sale of the company to another oil major.Eventually, the oil market recovered strongly from the pandemic downturn, as demand normalized after a year of big industry supply cuts. When Russia invaded Ukraine, oil spiked, as did Occidental's stock, and Icahn exited the investment with a handsome $1 billion in profits, along with another $500 million gain in Occidental warrants.Once again, Buffett thinks longer termWhile Buffett hasn't spoken much publicly this year on his Occidental buys, he likely has a bullish view of the oil market for the long term, while also appreciating Occidental specifically. Berkshire had already invested in Occidental in 2019 in the form of preferred stock to finance the Anadarko deal, but that was a safer fixed-income investment, albeit with warrants. So Buffett likely got to know management well during that time.Yet no oil company can do really well without the price of oil and natural gas cooperating, and Buffett probably sees higher prices for longer in the oil market. That's likely for a number of reasons, including years of underinvestment in oil and gas exploration, U.S. shale companies consolidating and controlling their supply growth, and Russia's weaponizing of global energy markets.In other words, Buffett is betting on a change from low to high oil prices, not dissimilar to the smartphone transitioning from mere gadget to an indispensable part of our daily lives.Both approaches can win, but nonprofessionals can only play oneAs you can see, both investors have different approaches. Icahn identifies cheap companies, then uses his financial heft and reputation to advocate for changes. After such changes are made and the investment improves, he usually exits, using the relatively quick profits to go on to the next special situation.In contrast, Buffett tries to find quality stocks trading at cheap prices that he can hold for the long term, allowing the miracle of compounding to do its work.While only institutional investors or incredibly wealthy individuals like Icahn can buy enough stock in a company to be an activist, any investor can attempt Buffett's more Foolish approach of long-term investing in excellent companies. Fortunately for us, that approach also tends to yield even more long-term profits, if done correctly.But excellent companies don't often go on sale. It's interesting that in the situations of both Apple and Occidental, Icahn was able to improve capital allocation at an otherwise well-run business. Icahn even praised Occidental's land inventory and management's operational capabilities, even while advocating for changes.Those changes likely made Buffett more comfortable in the compounding ability of each stock, and he probably identified these improvements as more permanent before the market did.So why doesn't Icahn hold on to his \"fixed companies\" for the long term, as Buffett does? Icahn appears to idealize the strategy of activism and improving companies, almost irrespective of profit. In order to continue launching new campaigns, Icahn needs to continue recycling his older bets in order to bid for new targets. So Icahn exiting a stock might not mean he feels the stock is now a bad investment, it's just that his work is now done.We'll see how Occidental fares in the future, but since buying a \"fixed up\" Apple worked out so well for Buffett last time, you have to like his odds with Occidental -- as long as the thesis of higher oil prices for a longer time proves true.","news_type":1},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983647399,"gmtCreate":1666234333812,"gmtModify":1676537727434,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Crypto fraudsters everywhere","listText":"Crypto fraudsters everywhere","text":"Crypto fraudsters everywhere","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983647399","repostId":"1100017472","repostType":4,"repost":{"id":"1100017472","pubTimestamp":1666085087,"share":"https://www.laohu8.com/m/news/1100017472?lang=&edition=full","pubTime":"2022-10-18 17:24","market":"us","language":"en","title":"How the Crypto Titan of Terra Became a Fugitive","url":"https://stock-news.laohu8.com/highlight/detail?id=1100017472","media":"Bloomberg","summary":"Do Kwon in Seoul, South Korea, on April 14, 2022South Korean Do Kwon presided over one of the bigges","content":"<html><head></head><body><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/faa0485f302c26d67b1bd99df6244a40\" tg-width=\"800\" tg-height=\"533\" width=\"100%\" height=\"auto\"/><span>Do Kwon in Seoul, South Korea, on April 14, 2022</span></p><p>South Korean Do Kwon presided over one of the biggest busts ever seen in the volatile cryptocurrency sector. HisTerraform Labs Ptecreated the TerraUSD stablecoin, which was meant to have a constant $1 value via a complex mix of algorithms and trader incentives involving a sister token, Luna. Their combined value soared past $60 billion until confidence in the ecosystemevaporatedin May, prompting investors to flee and leaving the tokens almost worthless. Kwon’s whereabouts became unclear four months later after South Korea issued anarrest warranton allegations including breaches of capital-markets law. He’s denied any wrongdoing and tweeted that he isn’t “on the run.” But he’s also the subject of an Interpolred notice.</p><h2>1. Who is Do Kwon?</h2><p>Kwon, 31, left Stanford University in 2015 with a computer science degree, according to hisLinkedIn profile. He had stints atApple Inc.andMicrosoft Corp.before, as he puts it, falling “down the crypto rabbit hole.” Kwon co-founded Terraform Labs in 2018, one of many young coders who saw blockchain technology as a gateway to financial revolution. His project of creating a stable digital currency outside of mainstream finance and regulators attracted a legion of followers but also critics who said it was a doomedPonzi scheme. At times brash and combative, Kwon has trolled naysayers online, telling one critic that the Luna community was not as “poor as your broke ass.” In May, as his project imploded, hesaidhe was “heartbroken about the pain my invention has brought on all of you.” He’spoked funat people who see him as an absconder, saying he hasn’t gone running in a while and needs to “cut some calories.”</p><h2>2. What happened to the TerraUSD stablecoin?</h2><p>TerraUSD, an algorithmic stablecoin, and its sister token Lunacollapsedin May 2022 after swelling in value during a pandemic-era crypto boom. TerraUSD wasn’t backed by dollars or other assets but instead was supposed to be worth $1 because it could be redeemed for $1 worth of Luna, which in turn was meant to increase in value as the Terraform Labs network became more valuable. TerraUSD grew in popularity when Kwon started theAnchor Protocol, which offered aneye-popping20% interest rate on TerraUSD deposits. But the whole edifice crumbled when investor confidence disappeared amid a selloff in virtual coins. On May 7, speculation grew that TerraUSD’s peg was in jeopardy when its price dropped to 99 US cents. Terraform Labs dramatically raised the supply of Luna to restore the link, causing the latter’s price to sink. (It was onceworth more than $100.) A Bitcoin reserve worth a few billion dollarsfailedto stem the death spiral: in a matter of days, TerraUSD and Luna were practically valueless.</p><h2>3. How did Kwon end up a fugitive?</h2><p>What&#39;s moving marketsStart your day with the 5 Things newsletter.Sign up to this newsletter</p><p>TerraUSD’s implosion shook digital tokens globally, exacerbating a $2 trillion wipeout incrypto market valuefrom a November 2021 peak. That inevitably drew thescrutinyof regulators from the US to Asia, as well as law enforcement in South Korea, where some 280,000 people had bought Luna. Lawyers for Luna investors filed complaints with South Korean prosecutors alleging Kwon had engaged in fraud and illegal fundraising. On Sept. 14, the prosecutors said a court had issued awarrant for the arrestof Kwon and five others on charges including breaches of capital-markets law. Kwon was thought to be in Singapore, but the city state on Sept. 17 said he wasno longer there. Prosecutors on Sept. 26 said Interpol had issueda red notice-- a request for police worldwide to locate and arrest Kwon. He’s set to bestrippedof his South Korean passport in the coming days.</p><h2>4. What is Kwon’s defense?</h2><p>As September drew to a close, Kwon’s Terraform Labs rejected the South Korean charges, saying the case against him had become “highly politicized.” The company’s spokesperson said in a statement that prosecutors were acting unfairly and that there was no reasonable basis for accusing Kwon of breaching the nation’sCapital Markets Actbecause Luna doesn’t qualify as a security under that rubric. Whether Luna issubject to securities lawis a key issue in the case and echoes a wider question officials globally are asking about the status of digital tokens. The firm denied Kwon was on the run and said he was in contact via lawyers with the agencies that had asked to speak with him.</p><h2>5. What are the wider implications for crypto?</h2><p>The Terra fallout likely presagesregulationsfor stablecoins to try to better protect buyers. Investors are also more wary of decentralized finance, or DeFi, which refers to the practice of trading, borrowing and lending tokens on digital ledgers like the one Kwon built. In the US, the House of Representatives has been drafting legislation that wouldban algorithmic stablecoinssuch as TerraUSD for two years. In South Korea, the nation’s ardor for digital assets is being replaced by disdain. More broadly, the losses from Terra have heaped pressure on crypto investors to better assess risk. Billionaire Mike Novogratz, whose Galaxy Digital business had backed Terraform Labs, called TerraUSD a “big idea that failed” and a teaching moment about risk management in crypto.</p><p><img src=\"https://static.tigerbbs.com/b70d7918c765911213464979ca49bd1f\" tg-width=\"620\" tg-height=\"348\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p></body></html>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How the Crypto Titan of Terra Became a Fugitive</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHow the Crypto Titan of Terra Became a Fugitive\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-18 17:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2022-10-17/how-onetime-crypto-titan-do-kwon-became-a-fugitive-quicktake><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Do Kwon in Seoul, South Korea, on April 14, 2022South Korean Do Kwon presided over one of the biggest busts ever seen in the volatile cryptocurrency sector. HisTerraform Labs Ptecreated the TerraUSD ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2022-10-17/how-onetime-crypto-titan-do-kwon-became-a-fugitive-quicktake\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","COIN":"Coinbase Global, Inc."},"source_url":"https://www.bloomberg.com/news/articles/2022-10-17/how-onetime-crypto-titan-do-kwon-became-a-fugitive-quicktake","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100017472","content_text":"Do Kwon in Seoul, South Korea, on April 14, 2022South Korean Do Kwon presided over one of the biggest busts ever seen in the volatile cryptocurrency sector. HisTerraform Labs Ptecreated the TerraUSD stablecoin, which was meant to have a constant $1 value via a complex mix of algorithms and trader incentives involving a sister token, Luna. Their combined value soared past $60 billion until confidence in the ecosystemevaporatedin May, prompting investors to flee and leaving the tokens almost worthless. Kwon’s whereabouts became unclear four months later after South Korea issued anarrest warranton allegations including breaches of capital-markets law. He’s denied any wrongdoing and tweeted that he isn’t “on the run.” But he’s also the subject of an Interpolred notice.1. Who is Do Kwon?Kwon, 31, left Stanford University in 2015 with a computer science degree, according to hisLinkedIn profile. He had stints atApple Inc.andMicrosoft Corp.before, as he puts it, falling “down the crypto rabbit hole.” Kwon co-founded Terraform Labs in 2018, one of many young coders who saw blockchain technology as a gateway to financial revolution. His project of creating a stable digital currency outside of mainstream finance and regulators attracted a legion of followers but also critics who said it was a doomedPonzi scheme. At times brash and combative, Kwon has trolled naysayers online, telling one critic that the Luna community was not as “poor as your broke ass.” In May, as his project imploded, hesaidhe was “heartbroken about the pain my invention has brought on all of you.” He’spoked funat people who see him as an absconder, saying he hasn’t gone running in a while and needs to “cut some calories.”2. What happened to the TerraUSD stablecoin?TerraUSD, an algorithmic stablecoin, and its sister token Lunacollapsedin May 2022 after swelling in value during a pandemic-era crypto boom. TerraUSD wasn’t backed by dollars or other assets but instead was supposed to be worth $1 because it could be redeemed for $1 worth of Luna, which in turn was meant to increase in value as the Terraform Labs network became more valuable. TerraUSD grew in popularity when Kwon started theAnchor Protocol, which offered aneye-popping20% interest rate on TerraUSD deposits. But the whole edifice crumbled when investor confidence disappeared amid a selloff in virtual coins. On May 7, speculation grew that TerraUSD’s peg was in jeopardy when its price dropped to 99 US cents. Terraform Labs dramatically raised the supply of Luna to restore the link, causing the latter’s price to sink. (It was onceworth more than $100.) A Bitcoin reserve worth a few billion dollarsfailedto stem the death spiral: in a matter of days, TerraUSD and Luna were practically valueless.3. How did Kwon end up a fugitive?What's moving marketsStart your day with the 5 Things newsletter.Sign up to this newsletterTerraUSD’s implosion shook digital tokens globally, exacerbating a $2 trillion wipeout incrypto market valuefrom a November 2021 peak. That inevitably drew thescrutinyof regulators from the US to Asia, as well as law enforcement in South Korea, where some 280,000 people had bought Luna. Lawyers for Luna investors filed complaints with South Korean prosecutors alleging Kwon had engaged in fraud and illegal fundraising. On Sept. 14, the prosecutors said a court had issued awarrant for the arrestof Kwon and five others on charges including breaches of capital-markets law. Kwon was thought to be in Singapore, but the city state on Sept. 17 said he wasno longer there. Prosecutors on Sept. 26 said Interpol had issueda red notice-- a request for police worldwide to locate and arrest Kwon. He’s set to bestrippedof his South Korean passport in the coming days.4. What is Kwon’s defense?As September drew to a close, Kwon’s Terraform Labs rejected the South Korean charges, saying the case against him had become “highly politicized.” The company’s spokesperson said in a statement that prosecutors were acting unfairly and that there was no reasonable basis for accusing Kwon of breaching the nation’sCapital Markets Actbecause Luna doesn’t qualify as a security under that rubric. Whether Luna issubject to securities lawis a key issue in the case and echoes a wider question officials globally are asking about the status of digital tokens. The firm denied Kwon was on the run and said he was in contact via lawyers with the agencies that had asked to speak with him.5. What are the wider implications for crypto?The Terra fallout likely presagesregulationsfor stablecoins to try to better protect buyers. Investors are also more wary of decentralized finance, or DeFi, which refers to the practice of trading, borrowing and lending tokens on digital ledgers like the one Kwon built. In the US, the House of Representatives has been drafting legislation that wouldban algorithmic stablecoinssuch as TerraUSD for two years. In South Korea, the nation’s ardor for digital assets is being replaced by disdain. More broadly, the losses from Terra have heaped pressure on crypto investors to better assess risk. Billionaire Mike Novogratz, whose Galaxy Digital business had backed Terraform Labs, called TerraUSD a “big idea that failed” and a teaching moment about risk management in crypto.","news_type":1},"isVote":1,"tweetType":1,"viewCount":93,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980642299,"gmtCreate":1665723880511,"gmtModify":1676537655838,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Hmm... Ok","listText":"Hmm... Ok","text":"Hmm... Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9980642299","repostId":"1137722408","repostType":4,"repost":{"id":"1137722408","pubTimestamp":1665714964,"share":"https://www.laohu8.com/m/news/1137722408?lang=&edition=full","pubTime":"2022-10-14 10:36","market":"us","language":"en","title":"4 Profitable US Growth Stocks That Could Potentially Yield Double-Digit Returns","url":"https://stock-news.laohu8.com/highlight/detail?id=1137722408","media":"smart investor","summary":"It’s natural for the economy to go through periodic booms and busts.The world saw a sharp recovery w","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/f3576c5bf370e04fafc9d8999fcfb48e\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>It’s natural for the economy to go through periodic booms and busts.</p><p>The world saw a sharp recovery when economies reopened and air travel resumed, as people started spending money on vacations and experiences.</p><p>However, dark clouds now loom on the horizon.</p><p>The International Monetary Foundation (IMF) has downgraded its outlook for the global economy next year, stating that “2023 will feel like arecession”.</p><p>Consumers also have to grapple withhigh inflationandrising interest rates.</p><p>During challenging times, it makes sense for investors to turn to solid names that generate healthy profits to help them tide through the storm.</p><p>We feature four profitable US growth companies that have been beaten down of late.</p><p>With lower valuations, there is a higher chance for these stocks to deliver double-digit returns in the future.</p><h2><b>Microsoft (NASDAQ: MSFT)</b></h2><p>Microsoft is a software and technology company that provides a range of products and services such as cloud computing, word processing software, and gaming.</p><p>The technology giant reported a sparkling set of earnings for its fiscal 2022 (FY2022) ending 30 June 2022.</p><p>Revenue increased 18% year on year to US$198.3 billion while operating profit rose 19.3% year on year to US$83.4 billion.</p><p>Net profit improved by 18.7% year on year to US$72.7 billion.</p><p>Microsoft has a strong balance sheet with US$104.7 billion of cash and total debt of US$49.8 billion.</p><p>The company also generated a free cash flow of US$65.1 billion, 16.1% higher than US$56.1 billion a year ago.</p><p>In line with the good results, the board of directors has raised Microsoft’s quarterlydividendto US$0.68, up 10% from the US$0.62 paid out last year.</p><p>In particular, Microsoft’s cloud business did very well, chalking up 28% year on year growth to US$25 billion.</p><p>This trend should continue as more businesses digitalise and tap into the cloud to grow their presence.</p><h2><b>Alphabet (NASDAQ: GOOGL)</b></h2><p>Alphabet is the company that owns the popular Google search engine.</p><p>It also offers cloud services and operates the video-sharing website YouTube.</p><p>For the first half of 2022 (1H2022), revenue rose 17.5% year on year to US$137.7 billion.</p><p>In particular, Google Cloud saw the fastest growth among Alphabet’s major divisions, registering revenue growth of 39.4% year on year to US$12.1 billion.</p><p>Operating profit rose 10.5% year on year to US$39.5 billion but net profit dipped by 11% year on year to US$32.4 billion.</p><p>The fall in net profit was due to an unrealised loss on equity securities for 1H2022 as opposed to an unrealised gain a year ago.</p><p>Alphabet has a robust balance sheet with total cash and investments of US$125 billion with a minimal debt of just US$14.7 billion.</p><p>The technology company also generated a free cash flow of US$27.9 billion for 1H2022, down 6.1% from the prior year.</p><h2><b>Starbucks (NASDAQ: SBUX)</b></h2><p>Starbucks is the world’s largest coffee chain with more than 34,000 stores worldwide.</p><p>The company saw total revenue for the first nine months of fiscal 2022 (9M2022) rise 14% year on year to US$23.8 billion.</p><p>Operating profit remained flat year on year at US$3.4 billion due to higher distribution costs and store expenses and net profit dipped slightly to US$2.4 billion with higher tax expenses.</p><p>Same-store sales growth was up 3% globally for the third quarter and increased by 9% in the US.</p><p>Starbucks generated a free cash flow of US$2 billion for 9M2022.</p><p>The active Starbucks Rewards membership base in the US continues to grow, increasing by 13% year on year to 27.4 million members.</p><h2><b>PayPal (NASDAQ: PYPL)</b></h2><p>PayPal is an enabler of secure and convenient digital payments by connecting customers and vendors.</p><p>For the second quarter of 2022 (2Q2022), PayPal’s revenue rose 9% year on year to US$6.8 billion with total payment volume climbing 9% year on year to US$339.8 billion.</p><p>The payments company generated a higher free cash flow of US$1.3 billion for 2Q2022, up 22% year on year.</p><p>PayPal continues to work on productivity initiatives that should result in US$900 million of cost savings to be realised this year.</p><p>For 2023, the company expects to save US$1.3 billion and is slated to report operating margin improvement as well.</p><p>Elsewhere, PayPal also renewed its share repurchase authorisation with share buybacks projected to hit US$4 billion this year.</p></body></html>","source":"lsy1602567310727","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>4 Profitable US Growth Stocks That Could Potentially Yield Double-Digit Returns</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\">\n4 Profitable US Growth Stocks That Could Potentially Yield Double-Digit Returns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-14 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/4-profitable-us-growth-stocks-that-could-potentially-yield-double-digit-returns/><strong>smart investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s natural for the economy to go through periodic booms and busts.The world saw a sharp recovery when economies reopened and air travel resumed, as people started spending money on vacations and ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/4-profitable-us-growth-stocks-that-could-potentially-yield-double-digit-returns/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MSFT":"微软","SBUX":"星巴克","GOOGL":"谷歌A","PYPL":"PayPal"},"source_url":"https://thesmartinvestor.com.sg/4-profitable-us-growth-stocks-that-could-potentially-yield-double-digit-returns/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137722408","content_text":"It’s natural for the economy to go through periodic booms and busts.The world saw a sharp recovery when economies reopened and air travel resumed, as people started spending money on vacations and experiences.However, dark clouds now loom on the horizon.The International Monetary Foundation (IMF) has downgraded its outlook for the global economy next year, stating that “2023 will feel like arecession”.Consumers also have to grapple withhigh inflationandrising interest rates.During challenging times, it makes sense for investors to turn to solid names that generate healthy profits to help them tide through the storm.We feature four profitable US growth companies that have been beaten down of late.With lower valuations, there is a higher chance for these stocks to deliver double-digit returns in the future.Microsoft (NASDAQ: MSFT)Microsoft is a software and technology company that provides a range of products and services such as cloud computing, word processing software, and gaming.The technology giant reported a sparkling set of earnings for its fiscal 2022 (FY2022) ending 30 June 2022.Revenue increased 18% year on year to US$198.3 billion while operating profit rose 19.3% year on year to US$83.4 billion.Net profit improved by 18.7% year on year to US$72.7 billion.Microsoft has a strong balance sheet with US$104.7 billion of cash and total debt of US$49.8 billion.The company also generated a free cash flow of US$65.1 billion, 16.1% higher than US$56.1 billion a year ago.In line with the good results, the board of directors has raised Microsoft’s quarterlydividendto US$0.68, up 10% from the US$0.62 paid out last year.In particular, Microsoft’s cloud business did very well, chalking up 28% year on year growth to US$25 billion.This trend should continue as more businesses digitalise and tap into the cloud to grow their presence.Alphabet (NASDAQ: GOOGL)Alphabet is the company that owns the popular Google search engine.It also offers cloud services and operates the video-sharing website YouTube.For the first half of 2022 (1H2022), revenue rose 17.5% year on year to US$137.7 billion.In particular, Google Cloud saw the fastest growth among Alphabet’s major divisions, registering revenue growth of 39.4% year on year to US$12.1 billion.Operating profit rose 10.5% year on year to US$39.5 billion but net profit dipped by 11% year on year to US$32.4 billion.The fall in net profit was due to an unrealised loss on equity securities for 1H2022 as opposed to an unrealised gain a year ago.Alphabet has a robust balance sheet with total cash and investments of US$125 billion with a minimal debt of just US$14.7 billion.The technology company also generated a free cash flow of US$27.9 billion for 1H2022, down 6.1% from the prior year.Starbucks (NASDAQ: SBUX)Starbucks is the world’s largest coffee chain with more than 34,000 stores worldwide.The company saw total revenue for the first nine months of fiscal 2022 (9M2022) rise 14% year on year to US$23.8 billion.Operating profit remained flat year on year at US$3.4 billion due to higher distribution costs and store expenses and net profit dipped slightly to US$2.4 billion with higher tax expenses.Same-store sales growth was up 3% globally for the third quarter and increased by 9% in the US.Starbucks generated a free cash flow of US$2 billion for 9M2022.The active Starbucks Rewards membership base in the US continues to grow, increasing by 13% year on year to 27.4 million members.PayPal (NASDAQ: PYPL)PayPal is an enabler of secure and convenient digital payments by connecting customers and vendors.For the second quarter of 2022 (2Q2022), PayPal’s revenue rose 9% year on year to US$6.8 billion with total payment volume climbing 9% year on year to US$339.8 billion.The payments company generated a higher free cash flow of US$1.3 billion for 2Q2022, up 22% year on year.PayPal continues to work on productivity initiatives that should result in US$900 million of cost savings to be realised this year.For 2023, the company expects to save US$1.3 billion and is slated to report operating margin improvement as well.Elsewhere, PayPal also renewed its share repurchase authorisation with share buybacks projected to hit US$4 billion this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9980016257,"gmtCreate":1665617227079,"gmtModify":1676537635179,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"hOpe both sides prosper","listText":"hOpe both sides prosper","text":"hOpe both sides prosper","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9980016257","repostId":"2274517506","repostType":4,"repost":{"id":"2274517506","pubTimestamp":1665585090,"share":"https://www.laohu8.com/m/news/2274517506?lang=&edition=full","pubTime":"2022-10-12 22:31","market":"us","language":"en","title":"Win-Win-Win: Coinbase and Google Join Forces","url":"https://stock-news.laohu8.com/highlight/detail?id=2274517506","media":"Motley Fool","summary":"The biggest winner in this game-changing partnership may not be who you think.","content":"<html><head></head><body><p>Cryptocurrency exchange operator <b>Coinbase Global</b> just struck a partnership with Google and its parent company, <b>Alphabet</b>. This deal is a two-way street, where each partner is making a serious commitment to the other. Coinbase is moving its cloud-based operations from <b>Amazon</b> Web Services (AWS) to the Google Cloud platform. In return, Google Cloud and its clients will use Coinbase&#39;s tools to process crypto-based payments.</p><p>This is a win-win-win situation, where perhaps the biggest winner of all is the global community of crypto-focused developers. As a shareholder of both Coinbase and Alphabet, I&#39;m thrilled to see these companies taking this big step together. Here&#39;s what it all means for investors on both sides of the agreement.</p><h2>How the partnership will work</h2><p>At first glance, Coinbase looks like the primary winner here. That&#39;s the conclusion Wall Street reached on Tuesday, letting Alphabet&#39;s two stocks close 0.7% lower while Coinbase ended the day of the announcement 4.7% higher. And the market reaction makes sense. After all, Alphabet is the larger company by far, with annual revenue 50 times Coinbase&#39;s. Any move that helps Coinbase tap into Google&#39;s and Alphabet&#39;s massive business has to be more helpful to the smaller partner.</p><p>On the other hand, Coinbase arguably provides more valuable and unique assets to this agreement than its larger companion. Switching from one leading cloud platform to another isn&#39;t much of a challenge, and I&#39;m sure <b>Microsoft </b>could fill the same role as Google Cloud and AWS through its Azure platform.</p><p>But the Coinbase Commerce cryptocurrency payments service puts a brand new tool in Big G&#39;s digital toolbelt, and it would be both costly and difficult to build a comparable service from the ground up. There are other crypto payment services on the market, but few can match Coinbase&#39;s market reach and experience. Furthermore, Google Cloud users can now use public blockchain data through the BigQuery data-mining toolkit -- running directly on Coinbase Cloud Nodes with instant access to the backbone networks of major cryptocurrencies. App developers will love this easy access to important blockchain data.</p><p>From this point of view, Coinbase gives a more valuable helping hand than Google ever could.</p><h2>Why this agreement is a big deal for Google</h2><p>When all is said and done, Coinbase just gained a new revenue stream as crypto-based payments for Google Cloud services will pass through Coinbase for a fee. At the same time, Google Cloud took one more step into the world of blockchain ledgers and cryptocurrencies, paving the road toward a fuller Web 3.0 experience.</p><p>That&#39;s an important development, and Google deserves kudos for embracing the Web 3.0 vision. In my eyes, this is a lot like <b>Netflix</b> taking charge of the streaming media idea even though it meant abandoning the DVD-mailer rentals that defined the company in its first decade.</p><p>I&#39;m not joking. Google&#39;s cash machine is powered by the first two iterations of the internet, starting with read-only web pages and evolving into social media conversations. Google helps people find the information they want in these well-worn systems, wrapping the experience in targeted digital advertising.</p><p>A fully realized Web 3.0 would spell the end of Google&#39;s current business model. Thanks to the flexible nature of blockchain systems, content producers will be able to take direct ownership of their ideas. Earning money from the articles, videos, games, and other media you create will be simpler. Intermediaries like Google&#39;s AdSense service will eventually play a lesser role in monetizing original ideas, undermining Google&#39;s main revenue stream.</p><h2>That&#39;s not a threat -- it&#39;s an opportunity</h2><p>Google saw the light at the end of the tunnel, realized it was an oncoming bullet train, and is doing its best to embrace this unstoppable change. For that simple reason, I&#39;m convinced that Google gets more than it gives in this partnership. Coinbase&#39;s upside is more immediate, but you&#39;re looking at a fundamental shift in Google&#39;s business plan here.</p><p>So if you have been worried about Alphabet&#39;s long-term value in a Web 3.0 world, this Coinbase contract should allay those fears. This company isn&#39;t afraid to explore drastically different business ideas. That&#39;s exactly what I love the most about Google&#39;s business operations and Alphabet&#39;s stock. Whatever punches the world may throw at the company, Alphabet can absorb them and turn them into an advantage.</p></body></html>","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>Win-Win-Win: Coinbase and Google Join Forces</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\">\nWin-Win-Win: Coinbase and Google Join Forces\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-12 22:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/10/12/win-win-win-coinbase-and-google-join-forces/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrency exchange operator Coinbase Global just struck a partnership with Google and its parent company, Alphabet. This deal is a two-way street, where each partner is making a serious ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/10/12/win-win-win-coinbase-and-google-join-forces/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.fool.com/investing/2022/10/12/win-win-win-coinbase-and-google-join-forces/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2274517506","content_text":"Cryptocurrency exchange operator Coinbase Global just struck a partnership with Google and its parent company, Alphabet. This deal is a two-way street, where each partner is making a serious commitment to the other. Coinbase is moving its cloud-based operations from Amazon Web Services (AWS) to the Google Cloud platform. In return, Google Cloud and its clients will use Coinbase's tools to process crypto-based payments.This is a win-win-win situation, where perhaps the biggest winner of all is the global community of crypto-focused developers. As a shareholder of both Coinbase and Alphabet, I'm thrilled to see these companies taking this big step together. Here's what it all means for investors on both sides of the agreement.How the partnership will workAt first glance, Coinbase looks like the primary winner here. That's the conclusion Wall Street reached on Tuesday, letting Alphabet's two stocks close 0.7% lower while Coinbase ended the day of the announcement 4.7% higher. And the market reaction makes sense. After all, Alphabet is the larger company by far, with annual revenue 50 times Coinbase's. Any move that helps Coinbase tap into Google's and Alphabet's massive business has to be more helpful to the smaller partner.On the other hand, Coinbase arguably provides more valuable and unique assets to this agreement than its larger companion. Switching from one leading cloud platform to another isn't much of a challenge, and I'm sure Microsoft could fill the same role as Google Cloud and AWS through its Azure platform.But the Coinbase Commerce cryptocurrency payments service puts a brand new tool in Big G's digital toolbelt, and it would be both costly and difficult to build a comparable service from the ground up. There are other crypto payment services on the market, but few can match Coinbase's market reach and experience. Furthermore, Google Cloud users can now use public blockchain data through the BigQuery data-mining toolkit -- running directly on Coinbase Cloud Nodes with instant access to the backbone networks of major cryptocurrencies. App developers will love this easy access to important blockchain data.From this point of view, Coinbase gives a more valuable helping hand than Google ever could.Why this agreement is a big deal for GoogleWhen all is said and done, Coinbase just gained a new revenue stream as crypto-based payments for Google Cloud services will pass through Coinbase for a fee. At the same time, Google Cloud took one more step into the world of blockchain ledgers and cryptocurrencies, paving the road toward a fuller Web 3.0 experience.That's an important development, and Google deserves kudos for embracing the Web 3.0 vision. In my eyes, this is a lot like Netflix taking charge of the streaming media idea even though it meant abandoning the DVD-mailer rentals that defined the company in its first decade.I'm not joking. Google's cash machine is powered by the first two iterations of the internet, starting with read-only web pages and evolving into social media conversations. Google helps people find the information they want in these well-worn systems, wrapping the experience in targeted digital advertising.A fully realized Web 3.0 would spell the end of Google's current business model. Thanks to the flexible nature of blockchain systems, content producers will be able to take direct ownership of their ideas. Earning money from the articles, videos, games, and other media you create will be simpler. Intermediaries like Google's AdSense service will eventually play a lesser role in monetizing original ideas, undermining Google's main revenue stream.That's not a threat -- it's an opportunityGoogle saw the light at the end of the tunnel, realized it was an oncoming bullet train, and is doing its best to embrace this unstoppable change. For that simple reason, I'm convinced that Google gets more than it gives in this partnership. Coinbase's upside is more immediate, but you're looking at a fundamental shift in Google's business plan here.So if you have been worried about Alphabet's long-term value in a Web 3.0 world, this Coinbase contract should allay those fears. This company isn't afraid to explore drastically different business ideas. That's exactly what I love the most about Google's business operations and Alphabet's stock. Whatever punches the world may throw at the company, Alphabet can absorb them and turn them into an advantage.","news_type":1},"isVote":1,"tweetType":1,"viewCount":67,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915898010,"gmtCreate":1665009968230,"gmtModify":1676537541576,"author":{"id":"4089527924629590","authorId":"4089527924629590","name":"HengHuat","avatar":"https://static.tigerbbs.com/5854d1323f59ffe9e66dca6d58fd6af8","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"Those that recently buy property and use bank loan floating rate are really unlucky&nbsp;","listText":"Those that recently buy property and use bank loan floating rate are really unlucky&nbsp;","text":"Those that recently buy property and use bank loan floating rate are really unlucky","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915898010","repostId":"1135183300","repostType":4,"repost":{"id":"1135183300","pubTimestamp":1664849729,"share":"https://www.laohu8.com/m/news/1135183300?lang=&edition=full","pubTime":"2022-10-04 10:15","market":"sg","language":"en","title":"7 Singapore Stocks That May Be Impacted as New Property Cooling Measures Imposed","url":"https://stock-news.laohu8.com/highlight/detail?id=1135183300","media":"The Smart Investor","summary":"Singapore’s property market has made headlines in recent months with the prices of resale HDB flats ","content":"<html><head></head><body><p>Singapore’s property market has made headlines in recent months with the prices of resale HDB flats rising for the 26th straight month in August.</p><p>In particular, flash data from the Urban Redevelopment Authority also saw private home prices rising by 3.4% in the third quarter of 2022 compared to the previous quarter.</p><p>Given the circumstances, it was unsurprising to learn that the government had imposed yet another round of property cooling measures to take the fizz out of the market.</p><p>The government is rightfully concerned that rising interest rates may crimp borrowers’ ability to service their mortgages and lead to financial stress.</p><p>The last round of cooling measures was implemented back in December last year with the aim of cooling the red-hot property market.</p><p>This raft of measures has implications for three stocks that rely on a buoyant property market to help their business to grow.</p><p>We look at the implications for these three businesses and the sector they are in.</p><p>Property Development: <a href=\"https://laohu8.com/S/C09.SI\">City Developments Limited</a></p><p>City Developments Limited, or CDL, is a real estate development and investment group with a geographically-diverse portfolio of properties that covers residential, offices, retail, and hospitality.</p><p>In particular, the real estate giant has close to half of its total assets in property development as of the first half of 2022 (1H2022).</p><p>The new measures seek to encourage prudence by assuming a higher interest rate used to compute the loan quantum for borrowers.</p><p>Private property owners also need to wait for 15 months after selling their properties before being allowed to purchase an HDB resale flat.</p><p>Both measures will crimp demand for new private residential properties as homeowners will now hold back from selling their properties in light of these new rules.</p><p>On this note, CDL has a launch pipeline of more than 2,000 units that stretches from the fourth quarter of 2022 through the first half of next year.</p><p>In light of the new measures, the group may slow down the launch of the new units as demand is expected to taper off.</p><p>Another player that will be affected is <a href=\"https://laohu8.com/S/TQ5.SI\">Frasers Property Limited </a> as it also has Singapore residential development launches planned in 2023 and 2024.</p><p>Singapore Banks: <a href=\"https://laohu8.com/S/D05.SI\">DBS Group</a></p><p>With an expected slowdown in real estate transaction volumes, the local banks will also be impacted.</p><p>DBS is Singapore’s largest lender and housing loans make up around 18.3% of its total gross loans as of 30 June 2022.</p><p>As higher rates will be used to assess borrowers’ loan servicing capabilities, they will likely be granted a lower loan quantum to ensure they can keep up with their loan payments.</p><p>DBS may see its mortgage loan book grow more slowly due to this factor, and could negatively impact its overall loan growth moving forward.</p><p>Before the new cooling measures, many HDB resale owners were selling their flats to book healthy profits to trade up to a condominium, but these plans will probably be put on hold as demand dries up due to the 15-month waiting period.</p><p>Similarly, private property owners will also take a wait-and-see approach as many had been monetising their condominiums by selling them and downgrading to HDB flats.</p><p>Both these moves will lower demand for loans and affect not just DBS, but also <a href=\"https://laohu8.com/S/O39.SI\">OCBC Ltd </a> and <a href=\"https://laohu8.com/S/U11.SI\">United Overseas Bank Ltd </a>.</p><p>Property Brokerages: <a href=\"https://laohu8.com/S/OYY.SI\">PropNex Limited</a></p><p>As discussed above, the cooling measures will almost surely lead to a drop in property sales volume as more people stand on the sidelines to figure out their next move.</p><p>Property brokerage firm PropNex, which thrives on higher transaction volumes, will be negatively impacted by these changes.</p><p>PropNex, along with peer <a href=\"https://laohu8.com/S/CLN.SI\">APAC Realty Limited </a>, had already felt the chill from the property measures imposed in December 2021.</p><p>Already, PropNex has seen transaction volumes soften in 1H2022 as buyers held back on property purchases, causing revenue to dip by 1.8% year on year and net profit to fall by 17.7% year on year.</p><p>Meanwhile, APAC Realty also saw a lower volume of property transactions in 1H2022 which led to a 4.4% decline in revenue and a 2.8% year on year decrease in net profit.</p><p>Both companies can expect lower volumes in the coming months which will further depress their revenue and net profit.</p></body></html>","source":"lsy1602567310727","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>7 Singapore Stocks That May Be Impacted as New Property Cooling Measures Imposed</title>\n<style 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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\">\n7 Singapore Stocks That May Be Impacted as New Property Cooling Measures Imposed\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-04 10:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/new-property-cooling-measures-imposed-7-singapore-stocks-that-may-be-impacted/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Singapore’s property market has made headlines in recent months with the prices of resale HDB flats rising for the 26th straight month in August.In particular, flash data from the Urban Redevelopment ...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/new-property-cooling-measures-imposed-7-singapore-stocks-that-may-be-impacted/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C09.SI":"城市发展","D05.SI":"星展集团控股"},"source_url":"https://thesmartinvestor.com.sg/new-property-cooling-measures-imposed-7-singapore-stocks-that-may-be-impacted/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135183300","content_text":"Singapore’s property market has made headlines in recent months with the prices of resale HDB flats rising for the 26th straight month in August.In particular, flash data from the Urban Redevelopment Authority also saw private home prices rising by 3.4% in the third quarter of 2022 compared to the previous quarter.Given the circumstances, it was unsurprising to learn that the government had imposed yet another round of property cooling measures to take the fizz out of the market.The government is rightfully concerned that rising interest rates may crimp borrowers’ ability to service their mortgages and lead to financial stress.The last round of cooling measures was implemented back in December last year with the aim of cooling the red-hot property market.This raft of measures has implications for three stocks that rely on a buoyant property market to help their business to grow.We look at the implications for these three businesses and the sector they are in.Property Development: City Developments LimitedCity Developments Limited, or CDL, is a real estate development and investment group with a geographically-diverse portfolio of properties that covers residential, offices, retail, and hospitality.In particular, the real estate giant has close to half of its total assets in property development as of the first half of 2022 (1H2022).The new measures seek to encourage prudence by assuming a higher interest rate used to compute the loan quantum for borrowers.Private property owners also need to wait for 15 months after selling their properties before being allowed to purchase an HDB resale flat.Both measures will crimp demand for new private residential properties as homeowners will now hold back from selling their properties in light of these new rules.On this note, CDL has a launch pipeline of more than 2,000 units that stretches from the fourth quarter of 2022 through the first half of next year.In light of the new measures, the group may slow down the launch of the new units as demand is expected to taper off.Another player that will be affected is Frasers Property Limited  as it also has Singapore residential development launches planned in 2023 and 2024.Singapore Banks: DBS GroupWith an expected slowdown in real estate transaction volumes, the local banks will also be impacted.DBS is Singapore’s largest lender and housing loans make up around 18.3% of its total gross loans as of 30 June 2022.As higher rates will be used to assess borrowers’ loan servicing capabilities, they will likely be granted a lower loan quantum to ensure they can keep up with their loan payments.DBS may see its mortgage loan book grow more slowly due to this factor, and could negatively impact its overall loan growth moving forward.Before the new cooling measures, many HDB resale owners were selling their flats to book healthy profits to trade up to a condominium, but these plans will probably be put on hold as demand dries up due to the 15-month waiting period.Similarly, private property owners will also take a wait-and-see approach as many had been monetising their condominiums by selling them and downgrading to HDB flats.Both these moves will lower demand for loans and affect not just DBS, but also OCBC Ltd  and United Overseas Bank Ltd .Property Brokerages: PropNex LimitedAs discussed above, the cooling measures will almost surely lead to a drop in property sales volume as more people stand on the sidelines to figure out their next move.Property brokerage firm PropNex, which thrives on higher transaction volumes, will be negatively impacted by these changes.PropNex, along with peer APAC Realty Limited , had already felt the chill from the property measures imposed in December 2021.Already, PropNex has seen transaction volumes soften in 1H2022 as buyers held back on property purchases, causing revenue to dip by 1.8% year on year and net profit to fall by 17.7% year on year.Meanwhile, APAC Realty also saw a lower volume of property transactions in 1H2022 which led to a 4.4% decline in revenue and a 2.8% year on year decrease in net profit.Both companies can expect lower volumes in the coming months which will further depress their revenue and net profit.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[],"lives":[]}