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2021-08-19

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Exports industry struggle amidst last month’s 6% expansion

2021-08-19

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Gold Fields CEO Looks to Replace Assets as Peak Output Looms

2021-08-19

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There is demand, but still supply is yet to grow as well. It is because of this that electronics face a decline.</p>\n<p>Additional disruptions include the rise of COVID-19 cases in Asia. Lockdowns and tighter travel mean the closing of factories and delayed shipments. China’s zero-tolerance approach towards new infections also increases the number of movement controls that are done in response to the pandemic.</p>\n<p>Non-oil domestic exports also faced a lower growth at 12.7% year-on-year, compared to 19 June.</p>\n<p>However, Singapore continues to show improvement in Purchasing Managers' Index data with a slight uptick from 50.8% in June to 51 in July. This is the strongest reading since 2018, but in spite of this, supplier delivery times legenthend from June to July, with electronics following suit.</p>","source":"lsy1618986048053","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>Exports industry struggle amidst last month’s 6% expansion</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\">\nExports industry struggle amidst last month’s 6% expansion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 15:07 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://sbr.com.sg/in-focus/exports-industry-struggle-amidst-last-months-6-expansion><strong>Singapore Business</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The decline in electronics is seen as one of the culprits.\n\nDespite a 6% expansion in June, the exports industry showed signs of decline this month.\nMoody’s Analytics points to the global ...</p>\n\n<a href=\"https://sbr.com.sg/in-focus/exports-industry-struggle-amidst-last-months-6-expansion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://sbr.com.sg/in-focus/exports-industry-struggle-amidst-last-months-6-expansion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157717561","content_text":"The decline in electronics is seen as one of the culprits.\n\nDespite a 6% expansion in June, the exports industry showed signs of decline this month.\nMoody’s Analytics points to the global semiconductor shortage as one of the main factors for this decline. There is demand, but still supply is yet to grow as well. It is because of this that electronics face a decline.\nAdditional disruptions include the rise of COVID-19 cases in Asia. Lockdowns and tighter travel mean the closing of factories and delayed shipments. China’s zero-tolerance approach towards new infections also increases the number of movement controls that are done in response to the pandemic.\nNon-oil domestic exports also faced a lower growth at 12.7% year-on-year, compared to 19 June.\nHowever, Singapore continues to show improvement in Purchasing Managers' Index data with a slight uptick from 50.8% in June to 51 in July. This is the strongest reading since 2018, but in spite of this, supplier delivery times legenthend from June to July, with electronics following suit.","news_type":1},"isVote":1,"tweetType":1,"viewCount":400,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838018288,"gmtCreate":1629357811544,"gmtModify":1676530013703,"author":{"id":"4091185343181700","authorId":"4091185343181700","name":"WYYAP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091185343181700","authorIdStr":"4091185343181700"},"themes":[],"htmlText":"Good&nbsp;","listText":"Good&nbsp;","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/838018288","repostId":"1186947936","repostType":4,"repost":{"id":"1186947936","kind":"news","pubTimestamp":1629356400,"share":"https://ttm.financial/m/news/1186947936?lang=&edition=fundamental","pubTime":"2021-08-19 15:00","market":"us","language":"en","title":"Gold Fields CEO Looks to Replace Assets as Peak Output Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=1186947936","media":"Bloomberg","summary":"Company must preserve value created beyond 2024: Griffith\nOutput set to drop from 2024 peak of 2.7 m","content":"<ul>\n <li>Company must preserve value created beyond 2024: Griffith</li>\n <li>Output set to drop from 2024 peak of 2.7 million ounces: CEO</li>\n</ul>\n<p>Gold Fields Ltd.’s new chief executive officer is looking at ways to replace depleting mines as output is projected to peak in three years time.</p>\n<p>Production will rise to 2.7 million ounces by 2024, which is as much as 400,000 ounces above the forecast output for this year, the Johannesburg-based company said Thursday. While the Salares Norte project in Chile is expected to bolster output from 2023, Gold Fields will come under pressure as older mines near the end of their lives.</p>\n<p>“We must now start looking at ways of preserving the value we have created beyond 2024,” said Chris Griffith, who took over as CEO from Nick Holland in April.</p>\n<p>Like Johannesburg-based rival&nbsp;AngloGold Ashanti Ltd., Gold Fields has shifted focus to more profitable mines as the industry in South Africa dwindles amid power cuts, soaring costs and the geological challenges of exploiting the world’s deepest deposits.</p>\n<p>Despite Covid-19 disruptions, production this year is supported by the turnaround at South Deep, the company’s last remaining mine in South Africa. Gold Fields, founded by Cecil Rhodes in 1887, has been under investor pressure to end years of losses at the mine, which sits on the world’s second-biggest known body of gold-bearing ore.</p>\n<p>First-half profit more than doubled to $387.4 million from a year earlier. The company will pay a dividend of 2.10 rand per share, sticking to its policy paying 25% to 35% of headline earnings to investors.</p>","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>Gold Fields CEO Looks to Replace Assets as Peak Output Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGold Fields CEO Looks to Replace Assets as Peak Output Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-19 15:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-08-19/gold-fields-ceo-looks-to-replace-assets-as-peak-output-looms?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Company must preserve value created beyond 2024: Griffith\nOutput set to drop from 2024 peak of 2.7 million ounces: CEO\n\nGold Fields Ltd.’s new chief executive officer is looking at ways to replace ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-08-19/gold-fields-ceo-looks-to-replace-assets-as-peak-output-looms?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":{"GFI":"金田"},"source_url":"https://www.bloomberg.com/news/articles/2021-08-19/gold-fields-ceo-looks-to-replace-assets-as-peak-output-looms?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186947936","content_text":"Company must preserve value created beyond 2024: Griffith\nOutput set to drop from 2024 peak of 2.7 million ounces: CEO\n\nGold Fields Ltd.’s new chief executive officer is looking at ways to replace depleting mines as output is projected to peak in three years time.\nProduction will rise to 2.7 million ounces by 2024, which is as much as 400,000 ounces above the forecast output for this year, the Johannesburg-based company said Thursday. While the Salares Norte project in Chile is expected to bolster output from 2023, Gold Fields will come under pressure as older mines near the end of their lives.\n“We must now start looking at ways of preserving the value we have created beyond 2024,” said Chris Griffith, who took over as CEO from Nick Holland in April.\nLike Johannesburg-based rival AngloGold Ashanti Ltd., Gold Fields has shifted focus to more profitable mines as the industry in South Africa dwindles amid power cuts, soaring costs and the geological challenges of exploiting the world’s deepest deposits.\nDespite Covid-19 disruptions, production this year is supported by the turnaround at South Deep, the company’s last remaining mine in South Africa. Gold Fields, founded by Cecil Rhodes in 1887, has been under investor pressure to end years of losses at the mine, which sits on the world’s second-biggest known body of gold-bearing ore.\nFirst-half profit more than doubled to $387.4 million from a year earlier. The company will pay a dividend of 2.10 rand per share, sticking to its policy paying 25% to 35% of headline earnings to investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838019426,"gmtCreate":1629357646265,"gmtModify":1676530013631,"author":{"id":"4091185343181700","authorId":"4091185343181700","name":"WYYAP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091185343181700","authorIdStr":"4091185343181700"},"themes":[],"htmlText":"Tt","listText":"Tt","text":"Tt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/838019426","repostId":"1152703663","repostType":4,"isVote":1,"tweetType":1,"viewCount":193,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839838012,"gmtCreate":1629135269836,"gmtModify":1676529942812,"author":{"id":"4091185343181700","authorId":"4091185343181700","name":"WYYAP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091185343181700","authorIdStr":"4091185343181700"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839838012","repostId":"2159223274","repostType":4,"repost":{"id":"2159223274","kind":"highlight","pubTimestamp":1629126480,"share":"https://ttm.financial/m/news/2159223274?lang=&edition=fundamental","pubTime":"2021-08-16 23:08","market":"us","language":"en","title":"3 Top Cloud Computing Stocks to Buy Right Now","url":"https://stock-news.laohu8.com/highlight/detail?id=2159223274","media":"Motley Fool","summary":"Get ready for a decade of growth in these cloud software and infrastructure plays.","content":"<p>There are no guarantees in investing, but the growth of cloud computing is as sure a bet as <a href=\"https://laohu8.com/S/AONE.U\">one</a> can make for the upcoming decade. The pandemic accelerated what was already a big shift among businesses moving many of their computing workloads to the public cloud. Research firm <b>Gartner</b>&nbsp;projects overall cloud services to grow 23.1% this year and 19.6% next year, reaching nearly $400 billion in spending across cloud-based infrastructure, platforms, software, security, and business process spend.</p>\n<p>Many tech companies are going after this market, but this summer, <b>Amazon.com</b> (NASDAQ:AMZN), <b>Splunk</b> (NASDAQ:SPLK), and <b>Zendesk</b> (NYSE:ZEN) each look like solid long-term buys after their stocks took a breather this earnings season.</p>\n<p><img src=\"https://static.tigerbbs.com/78a4ab08f37f8a8f83886aeb9e2aafe5\" tg-width=\"700\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Amazon: The leader of the pack</h3>\n<p>Amazon invented the concept of cloud computing during the early 2000s, and had a multiyear head-start in building out Amazon Web Services, the world's largest and most comprehensive cloud infrastructure platform. Despite having far and away the most market share, AWS is still accelerating its growth more than a decade later.</p>\n<p>Last quarter, AWS revenue accelerated 37%, up from 32% in the prior quarter and 29% in the prior-year quarter. At a $60 billion run-rate, that's hugely impressive, and indicates the enterprise transition to the cloud is still in its early stages.</p>\n<p>The strong growth in AWS, along with huge growth in Amazon's digital advertising segment, seems to have been overshadowed by the deceleration in the company's first-party e-commerce business, which is the largest segment by revenue and drove down the company's overall top-line. Amazon's stock therefore fell after its second quarter earnings report, and its stock has trailed the S&amp;P 500 by about 30 percentage points over the past 12 months.</p>\n<p>Yet after such a long period of consolidation, now may be a good time to pick up shares. After all, the company's highest-profit businesses are AWS and digital advertising, which are also growing the fastest. Since the intrinsic value of any business is the present value of all future cash flows, not revenue, AWS and digital ads could account for practically all of Amazon's market cap today. Ever an innovator, Amazon's shares look like a solid buy after such a long malaise.</p>\n<p><img src=\"https://static.tigerbbs.com/cb4c77500db67fbaaf087093a58bc713\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Splunk: A business model change leads to opportunity</h3>\n<p>Another compelling cloud stock at a very reasonable price is Splunk. Splunk makes a variety of observability software services to monitor the health of an enterprise's IT infrastructure, network, and security posture, among others. As the digitization of the enterprise takes hold this decade, that will mean more and more inputs to monitor and manage, which should mean long-term tailwinds for observability software providers like Splunk.</p>\n<p>However, Splunk's stock is down some 35% from all-time highs set back about one year ago. The likely culprit is a slowdown in the company's revenue growth, along with fears of higher interest rates, which can take a bite out of growth stock valuations.</p>\n<p>But that revenue headwind is not a result the core business, but rather the company's transition from selling perpetual licenses deployed in customer data centers to a subscription-based, cloud-based software-as-a-service model more in line with the modern IT industry.</p>\n<p>When a company transitions from a perpetual license to a subscription-based model, revenue will take a temporary hit. That's because perpetual licenses, designed to last many years, have all their revenue recognized upfront, whereas as SaaS businesses recognize revenue gradually over the length of the subscription. Splunk, founded in 2003 before the advent of cloud, was behind the curve on cloud for years, but began to get its act together over two years ago, when it began this necessary transition.</p>\n<p>So while revenue grew just 16% last quarter, total annual recurring revenue (ARR) which incorporates recurring cloud subscriptions, was up 39% -- likely, much more indicative of the health of the business. Cloud-based ARR was up an even greater 83%. Cloud-based bookings just exceeded 50% of the company's total software bookings, which should portend better top-line results going forward, as Splunk's transition has now gotten through its \"awkward stage.\"</p>\n<p>The stock's discounted price, combined with good news on the business model transition, recently attracted private equity firm Silver Lake to invest $1 billion in Splunk, in the form of convertible notes. Kenneth Hao, Chairman and Managing Partner of Silver Lake, said in the press release:</p>\n<blockquote>\n We have long admired Splunk's world-class team and technology, and we believe the company is now at an important inflection point... It has become increasingly clear that a cloud-driven transformation is critical to modernization and Splunk is ideally positioned to help organizations throughout the world manage the complexity associated with this transition.\n</blockquote>\n<p>Silver Lake's convertible notes convert to common stock at a $160 stock price, compared with the $144 price today. Silver Lake likely hopes to make a big return off its investment, so there's a good chance the stock does quite well over the next few years as its cloud transition takes hold.</p>\n<p><img src=\"https://static.tigerbbs.com/d567e2343f8130d989ec4f66672886a6\" tg-width=\"700\" tg-height=\"465\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h3>Zendesk: cloud-based customer service is the future</h3>\n<p>Another cloud winner that sold off after its recent earnings report, but which appears to have a very bright future, is Zendesk, which offers a variety of cloud-based software services geared for customer service applications.</p>\n<p>Zendesk slightly missed analyst expectations last quarter, but that's a tad misleading. Management attributed the miss to a couple factors; namely deals closing later in the quarter, which hit revenue, along with some one-time gains in the prior year quarter due to the onset of the pandemic, which made comparisons difficult.</p>\n<p>Yet the underlying drivers of Zendesk's business appear intact. Revenue grew 29%, accelerating over the prior quarter's 26% growth. The company's net expansion rate, which monitors growth from existing customers, also accelerated to 120%, up from 114% in the prior quarter.</p>\n<p>Importantly, though Zendesk started off as a popular solution for small businesses, it's catching on with larger enterprises. The percentage of large accounts paying Zendesk $250,000 or more per year has doubled from 17% in 2017 to 35% last quarter. And the company's new comprehensive Zendesk Suite, which offers all of Zendesk's services, from customer service to customer relationship management tools to other APIs, has also caught on. In fact, Zendesk Suite accounted for 16% of the company's annual recurring revenue last quarter, more than double that of the prior quarter. Landing larger accounts opting for the entire Zendesk Suite should go a long way toward maintaining high retention, keeping Zendesk's net expansion rate stable for some time to come.</p>\n<p>Basically, the prior quarter was short on headline revenue numbers, but if you look under the hood, Zendesk's business actually appears quite strong. Trading at a price-to-sales ratio of just 12.5 -- relatively low, for the SaaS industry -- and Zendesk's post-earnings dip could be an opportunity to pick up shares of this cloud software winner.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Top Cloud Computing Stocks to Buy Right Now</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Top Cloud Computing Stocks to Buy Right Now\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-16 23:08 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/16/3-cloud-computing-stocks-to-buy-right-now/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There are no guarantees in investing, but the growth of cloud computing is as sure a bet as one can make for the upcoming decade. The pandemic accelerated what was already a big shift among businesses...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/16/3-cloud-computing-stocks-to-buy-right-now/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPLK":"Splunk Inc","AMZN":"亚马逊","ZEN":"Zendesk Inc."},"source_url":"https://www.fool.com/investing/2021/08/16/3-cloud-computing-stocks-to-buy-right-now/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159223274","content_text":"There are no guarantees in investing, but the growth of cloud computing is as sure a bet as one can make for the upcoming decade. The pandemic accelerated what was already a big shift among businesses moving many of their computing workloads to the public cloud. Research firm Gartner projects overall cloud services to grow 23.1% this year and 19.6% next year, reaching nearly $400 billion in spending across cloud-based infrastructure, platforms, software, security, and business process spend.\nMany tech companies are going after this market, but this summer, Amazon.com (NASDAQ:AMZN), Splunk (NASDAQ:SPLK), and Zendesk (NYSE:ZEN) each look like solid long-term buys after their stocks took a breather this earnings season.\n\nImage source: Getty Images.\nAmazon: The leader of the pack\nAmazon invented the concept of cloud computing during the early 2000s, and had a multiyear head-start in building out Amazon Web Services, the world's largest and most comprehensive cloud infrastructure platform. Despite having far and away the most market share, AWS is still accelerating its growth more than a decade later.\nLast quarter, AWS revenue accelerated 37%, up from 32% in the prior quarter and 29% in the prior-year quarter. At a $60 billion run-rate, that's hugely impressive, and indicates the enterprise transition to the cloud is still in its early stages.\nThe strong growth in AWS, along with huge growth in Amazon's digital advertising segment, seems to have been overshadowed by the deceleration in the company's first-party e-commerce business, which is the largest segment by revenue and drove down the company's overall top-line. Amazon's stock therefore fell after its second quarter earnings report, and its stock has trailed the S&P 500 by about 30 percentage points over the past 12 months.\nYet after such a long period of consolidation, now may be a good time to pick up shares. After all, the company's highest-profit businesses are AWS and digital advertising, which are also growing the fastest. Since the intrinsic value of any business is the present value of all future cash flows, not revenue, AWS and digital ads could account for practically all of Amazon's market cap today. Ever an innovator, Amazon's shares look like a solid buy after such a long malaise.\n\nImage source: Getty Images.\nSplunk: A business model change leads to opportunity\nAnother compelling cloud stock at a very reasonable price is Splunk. Splunk makes a variety of observability software services to monitor the health of an enterprise's IT infrastructure, network, and security posture, among others. As the digitization of the enterprise takes hold this decade, that will mean more and more inputs to monitor and manage, which should mean long-term tailwinds for observability software providers like Splunk.\nHowever, Splunk's stock is down some 35% from all-time highs set back about one year ago. The likely culprit is a slowdown in the company's revenue growth, along with fears of higher interest rates, which can take a bite out of growth stock valuations.\nBut that revenue headwind is not a result the core business, but rather the company's transition from selling perpetual licenses deployed in customer data centers to a subscription-based, cloud-based software-as-a-service model more in line with the modern IT industry.\nWhen a company transitions from a perpetual license to a subscription-based model, revenue will take a temporary hit. That's because perpetual licenses, designed to last many years, have all their revenue recognized upfront, whereas as SaaS businesses recognize revenue gradually over the length of the subscription. Splunk, founded in 2003 before the advent of cloud, was behind the curve on cloud for years, but began to get its act together over two years ago, when it began this necessary transition.\nSo while revenue grew just 16% last quarter, total annual recurring revenue (ARR) which incorporates recurring cloud subscriptions, was up 39% -- likely, much more indicative of the health of the business. Cloud-based ARR was up an even greater 83%. Cloud-based bookings just exceeded 50% of the company's total software bookings, which should portend better top-line results going forward, as Splunk's transition has now gotten through its \"awkward stage.\"\nThe stock's discounted price, combined with good news on the business model transition, recently attracted private equity firm Silver Lake to invest $1 billion in Splunk, in the form of convertible notes. Kenneth Hao, Chairman and Managing Partner of Silver Lake, said in the press release:\n\n We have long admired Splunk's world-class team and technology, and we believe the company is now at an important inflection point... It has become increasingly clear that a cloud-driven transformation is critical to modernization and Splunk is ideally positioned to help organizations throughout the world manage the complexity associated with this transition.\n\nSilver Lake's convertible notes convert to common stock at a $160 stock price, compared with the $144 price today. Silver Lake likely hopes to make a big return off its investment, so there's a good chance the stock does quite well over the next few years as its cloud transition takes hold.\n\nImage source: Getty Images.\nZendesk: cloud-based customer service is the future\nAnother cloud winner that sold off after its recent earnings report, but which appears to have a very bright future, is Zendesk, which offers a variety of cloud-based software services geared for customer service applications.\nZendesk slightly missed analyst expectations last quarter, but that's a tad misleading. Management attributed the miss to a couple factors; namely deals closing later in the quarter, which hit revenue, along with some one-time gains in the prior year quarter due to the onset of the pandemic, which made comparisons difficult.\nYet the underlying drivers of Zendesk's business appear intact. Revenue grew 29%, accelerating over the prior quarter's 26% growth. The company's net expansion rate, which monitors growth from existing customers, also accelerated to 120%, up from 114% in the prior quarter.\nImportantly, though Zendesk started off as a popular solution for small businesses, it's catching on with larger enterprises. The percentage of large accounts paying Zendesk $250,000 or more per year has doubled from 17% in 2017 to 35% last quarter. And the company's new comprehensive Zendesk Suite, which offers all of Zendesk's services, from customer service to customer relationship management tools to other APIs, has also caught on. In fact, Zendesk Suite accounted for 16% of the company's annual recurring revenue last quarter, more than double that of the prior quarter. Landing larger accounts opting for the entire Zendesk Suite should go a long way toward maintaining high retention, keeping Zendesk's net expansion rate stable for some time to come.\nBasically, the prior quarter was short on headline revenue numbers, but if you look under the hood, Zendesk's business actually appears quite strong. Trading at a price-to-sales ratio of just 12.5 -- relatively low, for the SaaS industry -- and Zendesk's post-earnings dip could be an opportunity to pick up shares of this cloud software winner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":839831716,"gmtCreate":1629135222335,"gmtModify":1676529942828,"author":{"id":"4091185343181700","authorId":"4091185343181700","name":"WYYAP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091185343181700","authorIdStr":"4091185343181700"},"themes":[],"htmlText":"good","listText":"good","text":"good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/839831716","repostId":"1192234971","repostType":4,"isVote":1,"tweetType":1,"viewCount":150,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816511542,"gmtCreate":1630507036286,"gmtModify":1676530324840,"author":{"id":"4091185343181700","authorId":"4091185343181700","name":"WYYAP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091185343181700","authorIdStr":"4091185343181700"},"themes":[],"htmlText":"keep up&nbsp;","listText":"keep up&nbsp;","text":"keep up","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816511542","isVote":1,"tweetType":1,"viewCount":186,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811453819,"gmtCreate":1630338540431,"gmtModify":1676530275557,"author":{"id":"4091185343181700","authorId":"4091185343181700","name":"WYYAP","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4091185343181700","authorIdStr":"4091185343181700"},"themes":[],"htmlText":"r","listText":"r","text":"r","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/811453819","repostId":"2163882429","repostType":4,"repost":{"id":"2163882429","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1630336260,"share":"https://ttm.financial/m/news/2163882429?lang=&edition=fundamental","pubTime":"2021-08-30 23:11","market":"us","language":"en","title":"NextPlay Technologies Appoints Award-Winning Digital Media Executive, Andrew Greaves, as Chief Operating Officer, and Travel Industry Veteran, Tim Sikora, as Chief Information Officer","url":"https://stock-news.laohu8.com/highlight/detail?id=2163882429","media":"GlobeNewswire","summary":"SUNRISE, FL, Aug. 30, 2021 (GLOBE NEWSWIRE) --  via NewMediaWire – NextPlay Technologies, Inc. (NASD","content":"<p>SUNRISE, FL, Aug. 30, 2021 (GLOBE NEWSWIRE) -- &nbsp;via NewMediaWire – <b><a href=\"https://laohu8.com/S/NXTP\">NextPlay Technologies</a>, Inc. (NASDAQ: NXTP)</b>, a technology solutions company and digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has appointed Andrew Greaves as chief operating officer. Tim Sikora, was also appointed to serve as NextPlay’s chief information officer, as well as president and chief operating officer of the company’s NextTrip travel division.</p>\n<p>Greaves brings to NextPlay more than 15 years of award-winning achievement and senior level experience leading gaming, eSports and digital media companies. He previously co-founded and served as COO of Promethean TV, an award-winning interactive video overlay service for digital media. He oversaw the company’s growth from inception in 2016 to generating multi-millions in annual revenue.</p>\n<p>Prior to Promethean, Greaves served as vice president of product and technology at Azubu.tv, an eSports streaming platform, where he led the growth in monthly active users from 1 million to 20 million. He also oversaw the European expansion of the competitive eSports platform, Virgin Gaming.com.</p>\n<p>He earlier served in executive positions at Electronic Arts, initially as a studio program director in Europe where he was responsible for the localized adoption of EA technologies. Then as senior producer for the EA SPORTS FIFA team, he oversaw the online EA Sports Football portal that included five FIFA titles, including the BAFTA award-winning FIFA10.</p>\n<p>“Andrew’s appointment reflects the changing landscape of our target markets that now increasingly encompass video gaming and Connected TV services on an international scale,” stated NextPlay co-CEO, Bill Kerby. “Given his many years of international experience and success in eSports and digital media, we anticipate Andrew to drive strong growth and market expansion, especially with our newly acquired divisions that include Zappware for Connected TV and HotPlay for in-game advertising. He will also help lead the integration of these assets with our financial and travel platforms.”</p>\n<p>Commented Greaves: “The complementary businesses and technologies that have become part of the NextPlay platform over the last several months have created a commanding competitive advantage for the company as a whole and in each of their respective markets. I have to admire the company’s management and board of directors for their vision, determination and brilliant strategies that have transformed the company into a digital media powerhouse during <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most challenging periods ever in the travel industry. I’m tremendously excited to join the company at this pivotal stage in its growth and development.”</p>\n<p>Added Kerby: “Also of great importance, Andrew’s appointment allows Tim Sikora to focus on developing and growing our NextTrip travel division and its integration with our new digital ecosystem. Since joining us in the fall of 2019, Tim has transformed our travel business. Introducing new ideas and insights, he vastly strengthened our travel management and booking solutions for businesses, property managers, travel distributors, and online travel agencies worldwide.”</p>\n<p>A highly accomplished executive and innovator, Sikora brings to NextPlay more than 23 years of IT, sales and operational experience in the travel industry. He previously served as director of North America Sales at Boeing, the world's largest aerospace company. He earlier served as director of Information Technology End User Services at US Airways, and <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of airline operations and chief information officer at Caribbean Sun Airlines.</p>\n<p>“The travel industry continues to experience recovery, creating a multitude of growth opportunities unique to these times,” commented Sikora. “We recognize it is critical we seize upon them today—especially while we enjoy the clear advantage provided by our leading travel technology which is used by travel industry leaders, such as Trisept Solutions, HomeToGo and numerous others in our pipeline. In 2021 we have positioned NextTrip Business and NextTrip Journeys for growth by combining innovative technology with personalized service that will only be strengthened by key new elements of our digital ecosystem.”</p>\n<p><b>About NextPlay Technologies</b></p>\n<p>NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.NextPlayTechnologies.com and follow us on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> @NextPlayTech and LinkedIn.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>NextPlay Technologies Appoints Award-Winning Digital Media Executive, Andrew Greaves, as Chief Operating Officer, and Travel Industry Veteran, Tim Sikora, as Chief Information Officer</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\">\nNextPlay Technologies Appoints Award-Winning Digital Media Executive, Andrew Greaves, as Chief Operating Officer, and Travel Industry Veteran, Tim Sikora, as Chief Information Officer\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-08-30 23:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SUNRISE, FL, Aug. 30, 2021 (GLOBE NEWSWIRE) -- &nbsp;via NewMediaWire – <b><a href=\"https://laohu8.com/S/NXTP\">NextPlay Technologies</a>, Inc. (NASDAQ: NXTP)</b>, a technology solutions company and digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has appointed Andrew Greaves as chief operating officer. Tim Sikora, was also appointed to serve as NextPlay’s chief information officer, as well as president and chief operating officer of the company’s NextTrip travel division.</p>\n<p>Greaves brings to NextPlay more than 15 years of award-winning achievement and senior level experience leading gaming, eSports and digital media companies. He previously co-founded and served as COO of Promethean TV, an award-winning interactive video overlay service for digital media. He oversaw the company’s growth from inception in 2016 to generating multi-millions in annual revenue.</p>\n<p>Prior to Promethean, Greaves served as vice president of product and technology at Azubu.tv, an eSports streaming platform, where he led the growth in monthly active users from 1 million to 20 million. He also oversaw the European expansion of the competitive eSports platform, Virgin Gaming.com.</p>\n<p>He earlier served in executive positions at Electronic Arts, initially as a studio program director in Europe where he was responsible for the localized adoption of EA technologies. Then as senior producer for the EA SPORTS FIFA team, he oversaw the online EA Sports Football portal that included five FIFA titles, including the BAFTA award-winning FIFA10.</p>\n<p>“Andrew’s appointment reflects the changing landscape of our target markets that now increasingly encompass video gaming and Connected TV services on an international scale,” stated NextPlay co-CEO, Bill Kerby. “Given his many years of international experience and success in eSports and digital media, we anticipate Andrew to drive strong growth and market expansion, especially with our newly acquired divisions that include Zappware for Connected TV and HotPlay for in-game advertising. He will also help lead the integration of these assets with our financial and travel platforms.”</p>\n<p>Commented Greaves: “The complementary businesses and technologies that have become part of the NextPlay platform over the last several months have created a commanding competitive advantage for the company as a whole and in each of their respective markets. I have to admire the company’s management and board of directors for their vision, determination and brilliant strategies that have transformed the company into a digital media powerhouse during <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most challenging periods ever in the travel industry. I’m tremendously excited to join the company at this pivotal stage in its growth and development.”</p>\n<p>Added Kerby: “Also of great importance, Andrew’s appointment allows Tim Sikora to focus on developing and growing our NextTrip travel division and its integration with our new digital ecosystem. Since joining us in the fall of 2019, Tim has transformed our travel business. Introducing new ideas and insights, he vastly strengthened our travel management and booking solutions for businesses, property managers, travel distributors, and online travel agencies worldwide.”</p>\n<p>A highly accomplished executive and innovator, Sikora brings to NextPlay more than 23 years of IT, sales and operational experience in the travel industry. He previously served as director of North America Sales at Boeing, the world's largest aerospace company. He earlier served as director of Information Technology End User Services at US Airways, and <a href=\"https://laohu8.com/S/VP..UK\">VP</a> of airline operations and chief information officer at Caribbean Sun Airlines.</p>\n<p>“The travel industry continues to experience recovery, creating a multitude of growth opportunities unique to these times,” commented Sikora. “We recognize it is critical we seize upon them today—especially while we enjoy the clear advantage provided by our leading travel technology which is used by travel industry leaders, such as Trisept Solutions, HomeToGo and numerous others in our pipeline. In 2021 we have positioned NextTrip Business and NextTrip Journeys for growth by combining innovative technology with personalized service that will only be strengthened by key new elements of our digital ecosystem.”</p>\n<p><b>About NextPlay Technologies</b></p>\n<p>NextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.NextPlayTechnologies.com and follow us on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> @NextPlayTech and LinkedIn.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"III":"信息服务","DLR":"数字房地产信托公司","NXTP":"NextPlay Technologies"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163882429","content_text":"SUNRISE, FL, Aug. 30, 2021 (GLOBE NEWSWIRE) --  via NewMediaWire – NextPlay Technologies, Inc. (NASDAQ: NXTP), a technology solutions company and digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has appointed Andrew Greaves as chief operating officer. Tim Sikora, was also appointed to serve as NextPlay’s chief information officer, as well as president and chief operating officer of the company’s NextTrip travel division.\nGreaves brings to NextPlay more than 15 years of award-winning achievement and senior level experience leading gaming, eSports and digital media companies. He previously co-founded and served as COO of Promethean TV, an award-winning interactive video overlay service for digital media. He oversaw the company’s growth from inception in 2016 to generating multi-millions in annual revenue.\nPrior to Promethean, Greaves served as vice president of product and technology at Azubu.tv, an eSports streaming platform, where he led the growth in monthly active users from 1 million to 20 million. He also oversaw the European expansion of the competitive eSports platform, Virgin Gaming.com.\nHe earlier served in executive positions at Electronic Arts, initially as a studio program director in Europe where he was responsible for the localized adoption of EA technologies. Then as senior producer for the EA SPORTS FIFA team, he oversaw the online EA Sports Football portal that included five FIFA titles, including the BAFTA award-winning FIFA10.\n“Andrew’s appointment reflects the changing landscape of our target markets that now increasingly encompass video gaming and Connected TV services on an international scale,” stated NextPlay co-CEO, Bill Kerby. “Given his many years of international experience and success in eSports and digital media, we anticipate Andrew to drive strong growth and market expansion, especially with our newly acquired divisions that include Zappware for Connected TV and HotPlay for in-game advertising. He will also help lead the integration of these assets with our financial and travel platforms.”\nCommented Greaves: “The complementary businesses and technologies that have become part of the NextPlay platform over the last several months have created a commanding competitive advantage for the company as a whole and in each of their respective markets. I have to admire the company’s management and board of directors for their vision, determination and brilliant strategies that have transformed the company into a digital media powerhouse during one of the most challenging periods ever in the travel industry. I’m tremendously excited to join the company at this pivotal stage in its growth and development.”\nAdded Kerby: “Also of great importance, Andrew’s appointment allows Tim Sikora to focus on developing and growing our NextTrip travel division and its integration with our new digital ecosystem. Since joining us in the fall of 2019, Tim has transformed our travel business. Introducing new ideas and insights, he vastly strengthened our travel management and booking solutions for businesses, property managers, travel distributors, and online travel agencies worldwide.”\nA highly accomplished executive and innovator, Sikora brings to NextPlay more than 23 years of IT, sales and operational experience in the travel industry. He previously served as director of North America Sales at Boeing, the world's largest aerospace company. He earlier served as director of Information Technology End User Services at US Airways, and VP of airline operations and chief information officer at Caribbean Sun Airlines.\n“The travel industry continues to experience recovery, creating a multitude of growth opportunities unique to these times,” commented Sikora. “We recognize it is critical we seize upon them today—especially while we enjoy the clear advantage provided by our leading travel technology which is used by travel industry leaders, such as Trisept Solutions, HomeToGo and numerous others in our pipeline. In 2021 we have positioned NextTrip Business and NextTrip Journeys for growth by combining innovative technology with personalized service that will only be strengthened by key new elements of our digital ecosystem.”\nAbout NextPlay Technologies\nNextPlay Technologies, Inc. (Nasdaq: NXTP) is a technology solutions company offering games, in-game advertising, crypto-banking, connected TV and travel booking services to consumers and corporations within a growing worldwide digital ecosystem. NextPlay’s engaging products and services utilize innovative AdTech, Artificial Intelligence and Fintech solutions to leverage the strengths and channels of its existing and acquired technologies. For more information about NextPlay Technologies, visit www.NextPlayTechnologies.com and follow us on Twitter @NextPlayTech and LinkedIn.","news_type":1},"isVote":1,"tweetType":1,"viewCount":184,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}