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TigerTrader2024

06-14

How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern

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TigerTrader2024

05-25

Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…

@themonkey:Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic

TigerTrader2024

07-24

Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri

Apple Moves Forward With Foldable iPhone, Could Be Released As Early As 2026 - The Information

TigerTrader2024

07-07

You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple

TigerTrader2024

08-05

Recession? Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never "no other option". You've just got to be brave enough to take the option you don't wanna take to make money. Simple

TigerTrader2024

07-09

Hold on. "We have a healthy pipeline..." when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?

SGX Has No Immediate Plans to Allow Crypto Listings, CEO Says

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Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never \"no other option\". You've just got to be brave enough to take the option you don't wanna take to make money. Simple","listText":"Recession? Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never \"no other option\". You've just got to be brave enough to take the option you don't wanna take to make money. Simple","text":"Recession? Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never \"no other option\". You've just got to be brave enough to take the option you don't wanna take to make money. Simple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335193881600192","isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330749952016632,"gmtCreate":1721755285065,"gmtModify":1721755295425,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri","listText":"Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri","text":"Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330749952016632","repostId":"2453059530","repostType":2,"repost":{"id":"2453059530","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1721748399,"share":"https://ttm.financial/m/news/2453059530?lang=&edition=fundamental","pubTime":"2024-07-23 23:26","market":"us","language":"en","title":"Apple Moves Forward With Foldable iPhone, Could Be Released As Early As 2026  - The Information","url":"https://stock-news.laohu8.com/highlight/detail?id=2453059530","media":"Reuters","summary":"(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, The Information reported.Apple stock rose 1% in morning trading on the news.","content":"<html><head></head><body><p>(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, <em>The Information </em>reported.</p><p>Apple stock rose 1% in morning trading on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e3168d5377b377b556e764095c4c349c\" tg-width=\"793\" tg-height=\"627\"/></p><p></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 Moves Forward With Foldable iPhone, Could Be Released As Early As 2026  - The Information</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 Moves Forward With Foldable iPhone, Could Be Released As Early As 2026  - The Information\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-07-23 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, <em>The Information </em>reported.</p><p>Apple stock rose 1% in morning trading on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e3168d5377b377b556e764095c4c349c\" tg-width=\"793\" tg-height=\"627\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","AAPL":"苹果","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - 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Apple moves forward with foldable iPhone, could be released as early as 2026, The Information reported.Apple stock rose 1% in morning trading on the news.","news_type":1},"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325542428442632,"gmtCreate":1720507484050,"gmtModify":1720513949541,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Hold on. \"We have a healthy pipeline...\" when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?","listText":"Hold on. \"We have a healthy pipeline...\" when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?","text":"Hold on. \"We have a healthy pipeline...\" when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325542428442632","repostId":"2450062316","repostType":2,"repost":{"id":"2450062316","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1720506900,"share":"https://ttm.financial/m/news/2450062316?lang=&edition=fundamental","pubTime":"2024-07-09 14:35","market":"sg","language":"en","title":"SGX Has No Immediate Plans to Allow Crypto Listings, CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2450062316","media":"Reuters","summary":"SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ri","content":"<html><head></head><body><p>SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.</p><p>Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said &#34;not at the moment&#34;, when asked whether SGX would be open to crypto listings.</p><p>&#34;I think for any new product launches, it&#39;s important for this to have a sustainable ecosystem support,&#34; he said. &#34;That really means demand, that really means governance, that really means structure.&#34;</p><p>The U.S. Securities and Exchange Commission&#39;s approval this year of U.S.-listed spot bitcoin exchange traded funds (ETFs) marked a watershed moment for the crypto industry and triggered similar moves globally.</p><p>Asia got its first spot cryptocurrency ETFs in April with the listing of six bitcoin and ether ETFs in Hong Kong.</p><p>Crypto ETF inflows have helped catapult bitcoin to record highs this year, with the world&#39;s largest crypto up nearly 35% to date. Ether has risen over 30% in the same period.</p><p>&#34;The ecosystem, I feel, at this point in time, is not ready for such products in Singapore,&#34; said Loh.</p><p>&#34;You never say never, as time evolves, and as the ecosystem comes together, we are always known to be the most innovative exchange or platform in the world.&#34;</p><p>SGX has been under pressure from institutional investors and industry groups to improve what has been a chronic challenge to attract listings of high-growth companies.</p><p>Hamstrung by a small base of retail investors, SGX has grappled with low liquidity and valuations. It has built up an Asian derivatives business and remains a global listing venue for real estate investment trusts.</p><p>In response to a question on how SGX plans to revive initial public offerings (IPOs), Loh said &#34;we have a healthy pipeline&#34;.</p><p>&#34;Secondary listings is one way where companies get exposure - we have that in the pipeline. We have new IPOs, some companies are really now preparing, and ... we&#39;re going to have a simultaneous dual listing,&#34; he said.</p><p>The group posted net profit of S$281.6 million ($208.70 million) in the first half of its 2024 financial year, a fall of 1% from the same period a year earlier. As of end-June, SGX had 623 listed securities with a combined market value of S$792.93 billion.</p><p>($1 = 1.3493 Singapore dollars)</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>SGX Has No Immediate Plans to Allow Crypto Listings, CEO Says</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\">\nSGX Has No Immediate Plans to Allow Crypto Listings, CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-07-09 14:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.</p><p>Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said &#34;not at the moment&#34;, when asked whether SGX would be open to crypto listings.</p><p>&#34;I think for any new product launches, it&#39;s important for this to have a sustainable ecosystem support,&#34; he said. &#34;That really means demand, that really means governance, that really means structure.&#34;</p><p>The U.S. Securities and Exchange Commission&#39;s approval this year of U.S.-listed spot bitcoin exchange traded funds (ETFs) marked a watershed moment for the crypto industry and triggered similar moves globally.</p><p>Asia got its first spot cryptocurrency ETFs in April with the listing of six bitcoin and ether ETFs in Hong Kong.</p><p>Crypto ETF inflows have helped catapult bitcoin to record highs this year, with the world&#39;s largest crypto up nearly 35% to date. Ether has risen over 30% in the same period.</p><p>&#34;The ecosystem, I feel, at this point in time, is not ready for such products in Singapore,&#34; said Loh.</p><p>&#34;You never say never, as time evolves, and as the ecosystem comes together, we are always known to be the most innovative exchange or platform in the world.&#34;</p><p>SGX has been under pressure from institutional investors and industry groups to improve what has been a chronic challenge to attract listings of high-growth companies.</p><p>Hamstrung by a small base of retail investors, SGX has grappled with low liquidity and valuations. It has built up an Asian derivatives business and remains a global listing venue for real estate investment trusts.</p><p>In response to a question on how SGX plans to revive initial public offerings (IPOs), Loh said &#34;we have a healthy pipeline&#34;.</p><p>&#34;Secondary listings is one way where companies get exposure - we have that in the pipeline. We have new IPOs, some companies are really now preparing, and ... we&#39;re going to have a simultaneous dual listing,&#34; he said.</p><p>The group posted net profit of S$281.6 million ($208.70 million) in the first half of its 2024 financial year, a fall of 1% from the same period a year earlier. As of end-June, SGX had 623 listed securities with a combined market value of S$792.93 billion.</p><p>($1 = 1.3493 Singapore dollars)</p></body></html>\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","S68.SI":"新加坡交易所"},"source_url":"https://sg.news.yahoo.com/news/sgx-no-immediate-plans-allow-061650686.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2450062316","content_text":"SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said \"not at the moment\", when asked whether SGX would be open to crypto listings.\"I think for any new product launches, it's important for this to have a sustainable ecosystem support,\" he said. \"That really means demand, that really means governance, that really means structure.\"The U.S. Securities and Exchange Commission's approval this year of U.S.-listed spot bitcoin exchange traded funds (ETFs) marked a watershed moment for the crypto industry and triggered similar moves globally.Asia got its first spot cryptocurrency ETFs in April with the listing of six bitcoin and ether ETFs in Hong Kong.Crypto ETF inflows have helped catapult bitcoin to record highs this year, with the world's largest crypto up nearly 35% to date. Ether has risen over 30% in the same period.\"The ecosystem, I feel, at this point in time, is not ready for such products in Singapore,\" said Loh.\"You never say never, as time evolves, and as the ecosystem comes together, we are always known to be the most innovative exchange or platform in the world.\"SGX has been under pressure from institutional investors and industry groups to improve what has been a chronic challenge to attract listings of high-growth companies.Hamstrung by a small base of retail investors, SGX has grappled with low liquidity and valuations. It has built up an Asian derivatives business and remains a global listing venue for real estate investment trusts.In response to a question on how SGX plans to revive initial public offerings (IPOs), Loh said \"we have a healthy pipeline\".\"Secondary listings is one way where companies get exposure - we have that in the pipeline. We have new IPOs, some companies are really now preparing, and ... we're going to have a simultaneous dual listing,\" he said.The group posted net profit of S$281.6 million ($208.70 million) in the first half of its 2024 financial year, a fall of 1% from the same period a year earlier. As of end-June, SGX had 623 listed securities with a combined market value of S$792.93 billion.($1 = 1.3493 Singapore dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324858223767640,"gmtCreate":1720340165067,"gmtModify":1720342063945,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple","listText":"You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple","text":"You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324858223767640","isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":316673717809232,"gmtCreate":1718340645392,"gmtModify":1718371470040,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern","listText":"How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern","text":"How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":827,"commentSize":1,"repostSize":32,"link":"https://ttm.financial/post/316673717809232","repostId":"2443372986","repostType":2,"repost":{"id":"2443372986","kind":"highlight","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":1718334000,"share":"https://ttm.financial/m/news/2443372986?lang=&edition=fundamental","pubTime":"2024-06-14 11:00","market":"us","language":"en","title":"Is GameStop the Next Berkshire Hathaway? Here Are 3 Ways the Company Could Spend Its $4 Billion Cash Pile","url":"https://stock-news.laohu8.com/highlight/detail?id=2443372986","media":"Dow Jones","summary":"The videogame retailer appears to be angling to become an investment-holding company, some analysts say. But there are other ways it could put its money to work.How will GameStop spend its $4 billion cash hoard?Here are three possible plans.Following its latest stock sale, GameStop Corp. now has a war chest of about $4 billion — and a retail business that most professional analysts describe as a melting ice cube.This dichotomy between the company’s burgeoning cash hoard and shrinking business is","content":"<html><head></head><body><p>The videogame retailer appears to be angling to become an investment-holding company, some analysts say. But there are other ways it could put its money to work.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9079d9cb82ab2faa401949af73e01bcb\" alt=\"How will GameStop spend its $4 billion cash hoard? Here are three possible plans.\" title=\"How will GameStop spend its $4 billion cash hoard? Here are three possible plans.\" tg-width=\"926\" tg-height=\"606\"/><span>How will GameStop spend its $4 billion cash hoard? Here are three possible plans.</span></p><p>Following its latest stock sale, GameStop Corp. now has a war chest of about $4 billion — and a retail business that most professional analysts describe as a melting ice cube.</p><p style=\"text-align: start;\">This dichotomy between the company’s burgeoning cash hoard and shrinking business is fueling a new guessing game on Wall Street: What is GameStop planning to do with the money? The speculation has only intensified after the company cancelled its annual shareholder meeting on Thursday, citing technical issues with its livestream.</p><p>It’s easy to see why Wall Street is far more downbeat on the outlook for GameStop than the legion of meme-stock investors who have put their faith in Chairman and CEO Ryan Cohen and meme-stock pioneer Keith Gill.</p><p>According to the GameStop’s latest quarterly earnings released earlier this month, the company’s sales have continued to shrink. While its losses per share improved somewhat, this was mostly due to cost cutting. Taken together, the company’s numbers tell a pretty clear-cut story: Brick-and-mortar retailers are struggling in the e-commerce era, and GameStop is no exception.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/97dbae11c55f022d648025b536668be7\" tg-width=\"963\" tg-height=\"674\"/></p><p>Still, some shareholders are clinging to hope. As Gill said last week during his first livestream in more than three years, the bull case for GameStop is built on expectations for a “transformation” of its business.</p><p style=\"text-align: start;\">For its part, GameStop has used securities filings to tout what it describes as successful efforts to transform the company — including exiting its business in Europe, shrinking its overhead and allowing customers to pick up orders placed online at its stores.</p><p style=\"text-align: start;\">But analysts say that changing the trajectory of the GameStop’s business will require something more profound. What might that be? MarketWatch asked several analysts who follow the company to weigh in.</p><h2 id=\"id_3969521749\" style=\"text-align: start;\">Reinvent itself as a Berkshire Hathaway clone</h2><p style=\"text-align: start;\">Ryan Cohen has spoken of his admiration for Warren Buffett in the past. Now it appears he may be seeking to follow in the legendary investor’s footsteps, as well.</p><p style=\"text-align: start;\">Emulating Buffett’s Berkshire Hathaway Inc. by turning GameStop into a holding company for other investments appears to be the company’s most likely plan of action, according to analysts.</p><p>GameStop offered another clue to support this notion in a corporate filing in which it announced the completion of a sale of 75 million shares, which raised more than $2 billion for the company. In the filing, the company said it intends to use the money for “general corporate purposes, which may include acquisitions and investments.”</p><p style=\"text-align: start;\">GameStop didn’t respond to a request for comment from MarketWatch on Thursday.</p><p style=\"text-align: start;\">GameStop’s board has taken steps to empower Cohen to invest the company’s money in public, or even private, securities. Although, in March, the board amended its investment policy to require Cohen to seek the approval of two independent board members, who would join the company’s CEO and chairman on an investment committee.</p><p style=\"text-align: start;\">Despite this, given Cohen’s influence at GameStop and his status as its largest shareholder, he could still likely invest in “literally anything he wants,” said Jeff Macke, an investor focused on consumer-facing companies.</p><p style=\"text-align: start;\">Transforming GameStop into a Berkshire-style holding company might sound appealing on the surface, and could be enough to placate the meme-stock crowd in the short term, said Michael Pachter, an analyst at Wedbush who covers GameStop.</p><p style=\"text-align: start;\">But upon closer inspection, such a strategy would run into one major practical roadblock: the company’s elevated valuation, Pachter said.</p><p style=\"text-align: start;\">If Cohen starts investing the company’s money in publicly traded securities, new investors would likely be turned off by the yawning gap between its market capitalization and the combined value of its assets, investments and business.</p><p style=\"text-align: start;\">Cohen may be able to find a better deal in the private markets, or by buying another business outright. But this would pose problems of its own, since it’s difficult to imagine a business that is similar enough to GameStop’s to make it suitable for a bolt-on acquisition.</p><p style=\"text-align: start;\">“You don’t find a house worth $3 million for $1 million,” Pachter said. He recently valued GameStop’s business at $1.50 per share in a report where he cut his price target to $11.</p><p style=\"text-align: start;\">There are other risks, as well. Whether public or private, investing in an unrelated business could cause investors to draw unwanted parallels with AMC Entertainment Holdings Inc.’s decision to buy a stake in a Nevada gold mine, which Pachter derided as “embarrassingly stupid” at the time. He told MarketWatch that he stands by that assessment today.</p><p>To be sure, there are some parallels between GameStop and Berkshire Hathaway, analysts noted. Like GameStop, Berkshire was a struggling textile maker with a business that was shrinking due to insurmountable competition.</p><p style=\"text-align: start;\">While Berkshire’s textile business was struggling to compete with producers in the American South, GameStop is struggling to compete in an increasingly digitalized economy dominated by e-commerce giants like Amazon.com Inc.</p><p style=\"text-align: start;\">But that is about where the similarities end.</p><p style=\"text-align: start;\">It is also worth noting that even Buffett has said that his initial investment in Berkshire wouldn’t pass muster with his longtime partner Charlie Munger — whose business philosophy called for buying wonderful businesses at a fair price, not fair businesses at a wonderful price. Munger died late last year at the age of 99.</p><h2 id=\"id_1881698529\" style=\"text-align: start;\">Park it in Treasury bills</h2><p style=\"text-align: start;\">Whatever Cohen decides, he can rest easy knowing that time is on his side — at least for now.</p><p style=\"text-align: start;\">Simply parking GameStop’s $4 billion cash hoard in short-term Treasury bonds could yield more than $200 million per year — more than enough to paper over the company’s $34.5 million operating loss from its 2023 fiscal year.</p><p style=\"text-align: start;\">Six-month Treasury bills BX:TMUBMUSD06M currently yield 5.33%, according to FactSet data.</p><p style=\"text-align: start;\">The company currently carries little debt: As of the end of its first fiscal quarter, its total outstanding long-term debt stood at just $14.5 million. So maintaining a strong balance sheet would also help the company keep its options open in the hope that a better opportunity might come along.</p><p style=\"text-align: start;\">“Because their business has not been shown to consistently generate cash, they could keep [the $4 billion] in reserves, let it earn 5%, give or take, and keep their options open,” said Steve Sosnick, chief strategist at Interactive Brokers.</p><h2 id=\"id_3986421123\" style=\"text-align: start;\">Liquidate and return money to shareholders</h2><p style=\"text-align: start;\">It’s unlikely, but if Cohen can’t work out a suitable turnaround plan, then he can always opt to pack it in, liquidate the business and return capital to shareholders.</p><p style=\"text-align: start;\">Assuming its cash balance remains roughly unchanged, such a payout would come to just over $9 a share, based on the roughly 426.2 million shares outstanding following GameStop’s latest secondary offering and the roughly $4 billion in cash it has on its balance sheet. This estimate excludes the value of assets on the company’s balance sheet, including real estate, equipment and unsold inventory,</p><p style=\"text-align: start;\">Cohen’s stake via his holding company, RC Ventures, is more than 36.8 million shares, or 8.6% of the total outstanding stock, which makes him the company’s largest shareholder. Such a payout would net him about $330 million.</p><p style=\"text-align: start;\">That is far less than the more than $1 billion his stake was worth as of Thursday afternoon, based on GameStop’s most recent share price. Still, it would still represent a significant profit for Cohen, based on his cost basis of about $65 million, according to calculations made by Pachter.</p><p style=\"text-align: start;\">GameStop shares were back in rally mode on Thursday, despite the cancellation of its shareholder meeting. They were up 12.3% at $28.60 in afternoon trading in New York.</p><p style=\"text-align: start;\">Cohen has steadily purchased more shares in the company since unveiling an initial investment of 5,800,000 shares in August 2020 at a price of $1.35, adjusted for the company’s 4-for-1 stock split in July 2022, according to SEC filings and FactSet data.</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>Is GameStop the Next Berkshire Hathaway? Here Are 3 Ways the Company Could Spend Its $4 Billion Cash Pile</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\">\nIs GameStop the Next Berkshire Hathaway? Here Are 3 Ways the Company Could Spend Its $4 Billion Cash Pile\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\">2024-06-14 11:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The videogame retailer appears to be angling to become an investment-holding company, some analysts say. But there are other ways it could put its money to work.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/9079d9cb82ab2faa401949af73e01bcb\" alt=\"How will GameStop spend its $4 billion cash hoard? Here are three possible plans.\" title=\"How will GameStop spend its $4 billion cash hoard? Here are three possible plans.\" tg-width=\"926\" tg-height=\"606\"/><span>How will GameStop spend its $4 billion cash hoard? Here are three possible plans.</span></p><p>Following its latest stock sale, GameStop Corp. now has a war chest of about $4 billion — and a retail business that most professional analysts describe as a melting ice cube.</p><p style=\"text-align: start;\">This dichotomy between the company’s burgeoning cash hoard and shrinking business is fueling a new guessing game on Wall Street: What is GameStop planning to do with the money? The speculation has only intensified after the company cancelled its annual shareholder meeting on Thursday, citing technical issues with its livestream.</p><p>It’s easy to see why Wall Street is far more downbeat on the outlook for GameStop than the legion of meme-stock investors who have put their faith in Chairman and CEO Ryan Cohen and meme-stock pioneer Keith Gill.</p><p>According to the GameStop’s latest quarterly earnings released earlier this month, the company’s sales have continued to shrink. While its losses per share improved somewhat, this was mostly due to cost cutting. Taken together, the company’s numbers tell a pretty clear-cut story: Brick-and-mortar retailers are struggling in the e-commerce era, and GameStop is no exception.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/97dbae11c55f022d648025b536668be7\" tg-width=\"963\" tg-height=\"674\"/></p><p>Still, some shareholders are clinging to hope. As Gill said last week during his first livestream in more than three years, the bull case for GameStop is built on expectations for a “transformation” of its business.</p><p style=\"text-align: start;\">For its part, GameStop has used securities filings to tout what it describes as successful efforts to transform the company — including exiting its business in Europe, shrinking its overhead and allowing customers to pick up orders placed online at its stores.</p><p style=\"text-align: start;\">But analysts say that changing the trajectory of the GameStop’s business will require something more profound. What might that be? MarketWatch asked several analysts who follow the company to weigh in.</p><h2 id=\"id_3969521749\" style=\"text-align: start;\">Reinvent itself as a Berkshire Hathaway clone</h2><p style=\"text-align: start;\">Ryan Cohen has spoken of his admiration for Warren Buffett in the past. Now it appears he may be seeking to follow in the legendary investor’s footsteps, as well.</p><p style=\"text-align: start;\">Emulating Buffett’s Berkshire Hathaway Inc. by turning GameStop into a holding company for other investments appears to be the company’s most likely plan of action, according to analysts.</p><p>GameStop offered another clue to support this notion in a corporate filing in which it announced the completion of a sale of 75 million shares, which raised more than $2 billion for the company. In the filing, the company said it intends to use the money for “general corporate purposes, which may include acquisitions and investments.”</p><p style=\"text-align: start;\">GameStop didn’t respond to a request for comment from MarketWatch on Thursday.</p><p style=\"text-align: start;\">GameStop’s board has taken steps to empower Cohen to invest the company’s money in public, or even private, securities. Although, in March, the board amended its investment policy to require Cohen to seek the approval of two independent board members, who would join the company’s CEO and chairman on an investment committee.</p><p style=\"text-align: start;\">Despite this, given Cohen’s influence at GameStop and his status as its largest shareholder, he could still likely invest in “literally anything he wants,” said Jeff Macke, an investor focused on consumer-facing companies.</p><p style=\"text-align: start;\">Transforming GameStop into a Berkshire-style holding company might sound appealing on the surface, and could be enough to placate the meme-stock crowd in the short term, said Michael Pachter, an analyst at Wedbush who covers GameStop.</p><p style=\"text-align: start;\">But upon closer inspection, such a strategy would run into one major practical roadblock: the company’s elevated valuation, Pachter said.</p><p style=\"text-align: start;\">If Cohen starts investing the company’s money in publicly traded securities, new investors would likely be turned off by the yawning gap between its market capitalization and the combined value of its assets, investments and business.</p><p style=\"text-align: start;\">Cohen may be able to find a better deal in the private markets, or by buying another business outright. But this would pose problems of its own, since it’s difficult to imagine a business that is similar enough to GameStop’s to make it suitable for a bolt-on acquisition.</p><p style=\"text-align: start;\">“You don’t find a house worth $3 million for $1 million,” Pachter said. He recently valued GameStop’s business at $1.50 per share in a report where he cut his price target to $11.</p><p style=\"text-align: start;\">There are other risks, as well. Whether public or private, investing in an unrelated business could cause investors to draw unwanted parallels with AMC Entertainment Holdings Inc.’s decision to buy a stake in a Nevada gold mine, which Pachter derided as “embarrassingly stupid” at the time. He told MarketWatch that he stands by that assessment today.</p><p>To be sure, there are some parallels between GameStop and Berkshire Hathaway, analysts noted. Like GameStop, Berkshire was a struggling textile maker with a business that was shrinking due to insurmountable competition.</p><p style=\"text-align: start;\">While Berkshire’s textile business was struggling to compete with producers in the American South, GameStop is struggling to compete in an increasingly digitalized economy dominated by e-commerce giants like Amazon.com Inc.</p><p style=\"text-align: start;\">But that is about where the similarities end.</p><p style=\"text-align: start;\">It is also worth noting that even Buffett has said that his initial investment in Berkshire wouldn’t pass muster with his longtime partner Charlie Munger — whose business philosophy called for buying wonderful businesses at a fair price, not fair businesses at a wonderful price. Munger died late last year at the age of 99.</p><h2 id=\"id_1881698529\" style=\"text-align: start;\">Park it in Treasury bills</h2><p style=\"text-align: start;\">Whatever Cohen decides, he can rest easy knowing that time is on his side — at least for now.</p><p style=\"text-align: start;\">Simply parking GameStop’s $4 billion cash hoard in short-term Treasury bonds could yield more than $200 million per year — more than enough to paper over the company’s $34.5 million operating loss from its 2023 fiscal year.</p><p style=\"text-align: start;\">Six-month Treasury bills BX:TMUBMUSD06M currently yield 5.33%, according to FactSet data.</p><p style=\"text-align: start;\">The company currently carries little debt: As of the end of its first fiscal quarter, its total outstanding long-term debt stood at just $14.5 million. So maintaining a strong balance sheet would also help the company keep its options open in the hope that a better opportunity might come along.</p><p style=\"text-align: start;\">“Because their business has not been shown to consistently generate cash, they could keep [the $4 billion] in reserves, let it earn 5%, give or take, and keep their options open,” said Steve Sosnick, chief strategist at Interactive Brokers.</p><h2 id=\"id_3986421123\" style=\"text-align: start;\">Liquidate and return money to shareholders</h2><p style=\"text-align: start;\">It’s unlikely, but if Cohen can’t work out a suitable turnaround plan, then he can always opt to pack it in, liquidate the business and return capital to shareholders.</p><p style=\"text-align: start;\">Assuming its cash balance remains roughly unchanged, such a payout would come to just over $9 a share, based on the roughly 426.2 million shares outstanding following GameStop’s latest secondary offering and the roughly $4 billion in cash it has on its balance sheet. This estimate excludes the value of assets on the company’s balance sheet, including real estate, equipment and unsold inventory,</p><p style=\"text-align: start;\">Cohen’s stake via his holding company, RC Ventures, is more than 36.8 million shares, or 8.6% of the total outstanding stock, which makes him the company’s largest shareholder. Such a payout would net him about $330 million.</p><p style=\"text-align: start;\">That is far less than the more than $1 billion his stake was worth as of Thursday afternoon, based on GameStop’s most recent share price. Still, it would still represent a significant profit for Cohen, based on his cost basis of about $65 million, according to calculations made by Pachter.</p><p style=\"text-align: start;\">GameStop shares were back in rally mode on Thursday, despite the cancellation of its shareholder meeting. They were up 12.3% at $28.60 in afternoon trading in New York.</p><p style=\"text-align: start;\">Cohen has steadily purchased more shares in the company since unveiling an initial investment of 5,800,000 shares in August 2020 at a price of $1.35, adjusted for the company’s 4-for-1 stock split in July 2022, according to SEC filings and FactSet data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU0251142724.SGD":"Fidelity America A-SGD","BK4548":"巴美列捷福持仓","LU0130102774.USD":"Natixis Harris Associates US Equity RA USD","LU0061474705.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN \"AU\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","IE00BMPRXR70.SGD":"Neuberger Berman 5G Connectivity A Acc SGD-H","LU0648001328.SGD":"Natixis Harris Associates US Equity RA SGD","LU0276348264.USD":"THREADNEEDLE (LUX) GLOBAL DYNAMIC REAL RETURN\"AUP\" (USD) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","BK4532":"文艺复兴科技持仓","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","BK4592":"伊斯兰概念","BK4534":"瑞士信贷持仓","IE0009356076.USD":"JANUS HENDERSON GLOBAL TECHNOLOGY AND INNOVATION \"A2\" (USD) ACC","IE00B3S45H60.SGD":"Neuberger Berman US Multicap Opportunities A Acc SGD-H","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","LU1571399168.USD":"ALLSPRING GLOBAL LONG/SHORT EQUITY \"IP\" (USD) ACC","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4108":"电影和娱乐","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4220":"综合零售","BK4524":"宅经济概念","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","LU0234570918.USD":"高盛全球核心股票组合Acc Close","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4527":"明星科技股","IE0004445239.USD":"JANUS HENDERSON US FORTY \"A2\" (USD) ACC","LU0417517546.SGD":"Allianz US Equity Cl AT Acc SGD","BK4581":"高盛持仓","LU0072462426.USD":"贝莱德全球配置 A2","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4588":"碎股","LU0082616367.USD":"摩根大通美国科技A（dist）","BK4503":"景林资产持仓","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","LU0080751232.USD":"富达环球多元动力基金A","GME":"游戏驿站","IE00B1XK9C88.USD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A\" (USD) ACC","LU0061474960.USD":"天利环球焦点基金AU Acc","LU0308772762.SGD":"Blackrock Global Allocation A2 SGD-H","LU1280957306.USD":"THREADNEEDLE (LUX) US CONTRARIAN CORE EQUITIES \"AUP\" (USD) INC","LU1914381329.SGD":"Allianz Best Styles Global Equity Cl ET Acc H2-SGD","IE00BKDWB100.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5H\" (SGDHDG) ACC","BK4547":"WSB热门概念","LU0234572021.USD":"高盛美国核心股票组合Acc"},"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2443372986","content_text":"The videogame retailer appears to be angling to become an investment-holding company, some analysts say. But there are other ways it could put its money to work.How will GameStop spend its $4 billion cash hoard? Here are three possible plans.Following its latest stock sale, GameStop Corp. now has a war chest of about $4 billion — and a retail business that most professional analysts describe as a melting ice cube.This dichotomy between the company’s burgeoning cash hoard and shrinking business is fueling a new guessing game on Wall Street: What is GameStop planning to do with the money? The speculation has only intensified after the company cancelled its annual shareholder meeting on Thursday, citing technical issues with its livestream.It’s easy to see why Wall Street is far more downbeat on the outlook for GameStop than the legion of meme-stock investors who have put their faith in Chairman and CEO Ryan Cohen and meme-stock pioneer Keith Gill.According to the GameStop’s latest quarterly earnings released earlier this month, the company’s sales have continued to shrink. While its losses per share improved somewhat, this was mostly due to cost cutting. Taken together, the company’s numbers tell a pretty clear-cut story: Brick-and-mortar retailers are struggling in the e-commerce era, and GameStop is no exception.Still, some shareholders are clinging to hope. As Gill said last week during his first livestream in more than three years, the bull case for GameStop is built on expectations for a “transformation” of its business.For its part, GameStop has used securities filings to tout what it describes as successful efforts to transform the company — including exiting its business in Europe, shrinking its overhead and allowing customers to pick up orders placed online at its stores.But analysts say that changing the trajectory of the GameStop’s business will require something more profound. What might that be? MarketWatch asked several analysts who follow the company to weigh in.Reinvent itself as a Berkshire Hathaway cloneRyan Cohen has spoken of his admiration for Warren Buffett in the past. Now it appears he may be seeking to follow in the legendary investor’s footsteps, as well.Emulating Buffett’s Berkshire Hathaway Inc. by turning GameStop into a holding company for other investments appears to be the company’s most likely plan of action, according to analysts.GameStop offered another clue to support this notion in a corporate filing in which it announced the completion of a sale of 75 million shares, which raised more than $2 billion for the company. In the filing, the company said it intends to use the money for “general corporate purposes, which may include acquisitions and investments.”GameStop didn’t respond to a request for comment from MarketWatch on Thursday.GameStop’s board has taken steps to empower Cohen to invest the company’s money in public, or even private, securities. Although, in March, the board amended its investment policy to require Cohen to seek the approval of two independent board members, who would join the company’s CEO and chairman on an investment committee.Despite this, given Cohen’s influence at GameStop and his status as its largest shareholder, he could still likely invest in “literally anything he wants,” said Jeff Macke, an investor focused on consumer-facing companies.Transforming GameStop into a Berkshire-style holding company might sound appealing on the surface, and could be enough to placate the meme-stock crowd in the short term, said Michael Pachter, an analyst at Wedbush who covers GameStop.But upon closer inspection, such a strategy would run into one major practical roadblock: the company’s elevated valuation, Pachter said.If Cohen starts investing the company’s money in publicly traded securities, new investors would likely be turned off by the yawning gap between its market capitalization and the combined value of its assets, investments and business.Cohen may be able to find a better deal in the private markets, or by buying another business outright. But this would pose problems of its own, since it’s difficult to imagine a business that is similar enough to GameStop’s to make it suitable for a bolt-on acquisition.“You don’t find a house worth $3 million for $1 million,” Pachter said. He recently valued GameStop’s business at $1.50 per share in a report where he cut his price target to $11.There are other risks, as well. Whether public or private, investing in an unrelated business could cause investors to draw unwanted parallels with AMC Entertainment Holdings Inc.’s decision to buy a stake in a Nevada gold mine, which Pachter derided as “embarrassingly stupid” at the time. He told MarketWatch that he stands by that assessment today.To be sure, there are some parallels between GameStop and Berkshire Hathaway, analysts noted. Like GameStop, Berkshire was a struggling textile maker with a business that was shrinking due to insurmountable competition.While Berkshire’s textile business was struggling to compete with producers in the American South, GameStop is struggling to compete in an increasingly digitalized economy dominated by e-commerce giants like Amazon.com Inc.But that is about where the similarities end.It is also worth noting that even Buffett has said that his initial investment in Berkshire wouldn’t pass muster with his longtime partner Charlie Munger — whose business philosophy called for buying wonderful businesses at a fair price, not fair businesses at a wonderful price. Munger died late last year at the age of 99.Park it in Treasury billsWhatever Cohen decides, he can rest easy knowing that time is on his side — at least for now.Simply parking GameStop’s $4 billion cash hoard in short-term Treasury bonds could yield more than $200 million per year — more than enough to paper over the company’s $34.5 million operating loss from its 2023 fiscal year.Six-month Treasury bills BX:TMUBMUSD06M currently yield 5.33%, according to FactSet data.The company currently carries little debt: As of the end of its first fiscal quarter, its total outstanding long-term debt stood at just $14.5 million. So maintaining a strong balance sheet would also help the company keep its options open in the hope that a better opportunity might come along.“Because their business has not been shown to consistently generate cash, they could keep [the $4 billion] in reserves, let it earn 5%, give or take, and keep their options open,” said Steve Sosnick, chief strategist at Interactive Brokers.Liquidate and return money to shareholdersIt’s unlikely, but if Cohen can’t work out a suitable turnaround plan, then he can always opt to pack it in, liquidate the business and return capital to shareholders.Assuming its cash balance remains roughly unchanged, such a payout would come to just over $9 a share, based on the roughly 426.2 million shares outstanding following GameStop’s latest secondary offering and the roughly $4 billion in cash it has on its balance sheet. This estimate excludes the value of assets on the company’s balance sheet, including real estate, equipment and unsold inventory,Cohen’s stake via his holding company, RC Ventures, is more than 36.8 million shares, or 8.6% of the total outstanding stock, which makes him the company’s largest shareholder. Such a payout would net him about $330 million.That is far less than the more than $1 billion his stake was worth as of Thursday afternoon, based on GameStop’s most recent share price. Still, it would still represent a significant profit for Cohen, based on his cost basis of about $65 million, according to calculations made by Pachter.GameStop shares were back in rally mode on Thursday, despite the cancellation of its shareholder meeting. They were up 12.3% at $28.60 in afternoon trading in New York.Cohen has steadily purchased more shares in the company since unveiling an initial investment of 5,800,000 shares in August 2020 at a price of $1.35, adjusted for the company’s 4-for-1 stock split in July 2022, according to SEC filings and FactSet data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":2357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309764245164168,"gmtCreate":1716630718815,"gmtModify":1716974824853,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…","listText":"Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…","text":"Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":96,"commentSize":4,"repostSize":1,"link":"https://ttm.financial/post/309764245164168","repostId":"309736099487944","repostType":1,"repost":{"id":309736099487944,"gmtCreate":1716623780612,"gmtModify":1716623785053,"author":{"id":"3573986430688942","authorId":"3573986430688942","name":"themonkey","avatar":"https://static.tigerbbs.com/573a67d390101884216129f5c49fe8a0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573986430688942","authorIdStr":"3573986430688942"},"themes":[],"htmlText":"Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic","listText":"Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic","text":"Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309736099487944","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000668","authorId":"9000000000000668","name":"chizzoo","avatar":"https://static.tigerbbs.com/885bb762e4d85abbbfd11f407f1d26d6","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000668","authorIdStr":"9000000000000668"},"content":"Let's wait and see what happens.","text":"Let's wait and see what happens.","html":"Let's wait and see what happens."}],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":316673717809232,"gmtCreate":1718340645392,"gmtModify":1718371470040,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern","listText":"How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern","text":"How about finding out why the retail business is struggling. You e 4bn to spend. Why not transform the retail stores to be like gaming hubs with comfy chairs, sick bandwidth the games that people can earn money from? Or just a great place to hang out. Invite other retailers to play. Nintendo. Starbucks. Educate gamers on being the best, coaching, technique maybe?? Winding up the business means you've not given it a real chance of being a profitable going concern","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":827,"commentSize":1,"repostSize":32,"link":"https://ttm.financial/post/316673717809232","repostId":"2443372986","repostType":2,"isVote":1,"tweetType":1,"viewCount":2357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":309764245164168,"gmtCreate":1716630718815,"gmtModify":1716974824853,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…","listText":"Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…","text":"Saying whether any stock will rise or fall is based ultimatey on speculation. Theychave the innovation and their collaboration not only in GPUs but also in the language/ dev side of AI, means that they can ensure longevity of rheir products and services. Partnering with Microsoft and Google is a smart move. Their hardware are in datacenters worldwide, making their ability to scale up even more efficient and certain. Reckon it might surpass 1100$ and moght even hot 1200$ before the stock split. Lets see how this plays out…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":96,"commentSize":4,"repostSize":1,"link":"https://ttm.financial/post/309764245164168","repostId":"309736099487944","repostType":1,"repost":{"id":309736099487944,"gmtCreate":1716623780612,"gmtModify":1716623785053,"author":{"id":"3573986430688942","authorId":"3573986430688942","name":"themonkey","avatar":"https://static.tigerbbs.com/573a67d390101884216129f5c49fe8a0","crmLevel":5,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3573986430688942","authorIdStr":"3573986430688942"},"themes":[],"htmlText":"Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic","listText":"Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic","text":"Predicting specific stock prices, such as whether Nvidia (NVDA) will hit $1100 before a potential stock split, is inherently uncertain and involves many variables. Here are some factors to consider: ### Key Factors Influencing Nvidia's Stock Price 1. **Market Conditions**: Overall stock market trends, particularly in the technology sector, will play a significant role. A bullish market could push Nvidia's stock higher. 2. **Company Performance**: Nvidia's financial performance, including revenue growth, profit margins, and market share in key areas like GPUs, AI, and data centers, will be crucial. 3. **Product Innovations**: Continued innovation and successful product launches can boost investor confidence and drive the stock price up. 4. **Industry Trends**: The demand for GPUs, AI applic","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/309736099487944","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":602,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"9000000000000668","authorId":"9000000000000668","name":"chizzoo","avatar":"https://static.tigerbbs.com/885bb762e4d85abbbfd11f407f1d26d6","crmLevel":1,"crmLevelSwitch":0,"idStr":"9000000000000668","authorIdStr":"9000000000000668"},"content":"Let's wait and see what happens.","text":"Let's wait and see what happens.","html":"Let's wait and see what happens."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":330749952016632,"gmtCreate":1721755285065,"gmtModify":1721755295425,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri","listText":"Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri","text":"Why? Just why? They're not robust, the screens are prone to crack, if water gets into them, a lot of consumers will be upset regarding repair bills or being without a phone. iPhone isn't an iPhone when foldable. Just make radical improvements on the existing phones. Better processor, neural engine, improve the iOS to rival android. Make Apple Maps dynamically update. Open up CarPlay do devs can make awesome apps, like ones that give u rich info, like best reviews nearby, more accurate gps, etc. Foldable phone isn't the way forward for Apple. Might want to put the M4 chip in new phones and MacBook Pro models. Better performance and heat dissipation. Forget efficiency cores, just a phone that rocks on all cylinders. No takes too large or small for the phone to cope with. Takes it in his stri","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/330749952016632","repostId":"2453059530","repostType":2,"repost":{"id":"2453059530","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1721748399,"share":"https://ttm.financial/m/news/2453059530?lang=&edition=fundamental","pubTime":"2024-07-23 23:26","market":"us","language":"en","title":"Apple Moves Forward With Foldable iPhone, Could Be Released As Early As 2026  - The Information","url":"https://stock-news.laohu8.com/highlight/detail?id=2453059530","media":"Reuters","summary":"(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, The Information reported.Apple stock rose 1% in morning trading on the news.","content":"<html><head></head><body><p>(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, <em>The Information </em>reported.</p><p>Apple stock rose 1% in morning trading on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e3168d5377b377b556e764095c4c349c\" tg-width=\"793\" tg-height=\"627\"/></p><p></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 Moves Forward With Foldable iPhone, Could Be Released As Early As 2026  - The Information</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 Moves Forward With Foldable iPhone, Could Be Released As Early As 2026  - The Information\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-07-23 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, <em>The Information </em>reported.</p><p>Apple stock rose 1% in morning trading on the news.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e3168d5377b377b556e764095c4c349c\" tg-width=\"793\" tg-height=\"627\"/></p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4581":"高盛持仓","IE000KEQY171.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) INC","LU0061475181.USD":"THREADNEEDLE (LUX) AMERICAN \"AU\" (USD) ACC","AAPL":"苹果","IE00BFSS8Q28.SGD":"Janus Henderson Balanced A Inc SGD-H","IE00B19Z8W00.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH \"A\" INC","IE00B3SWFQ91.USD":"PIMCO BALANCED INCOME AND GROWTH \"E\" (USD) INC","IE00BKVL7J92.USD":"Legg Mason ClearBridge - US Equity Sustainability Leaders A Acc USD","BK4170":"电脑硬件、储存设备及电脑周边","IE00B7KXQ091.USD":"Janus Henderson Balanced A Inc USD","IE00B4JS1V06.HKD":"JANUS HENDERSON BALANCED \"A2\" (HKD) ACC","IE00BLSP4239.USD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis USD Plus","IE00BLSP4452.SGD":"Legg Mason ClearBridge - Tactical Dividend Income A Mdis SGD-H Plus","IE0004086264.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"A\" (USD) ACC","BK4505":"高瓴资本持仓","IE00BFSS7M15.SGD":"Janus Henderson Balanced A Acc SGD-H","BK4592":"伊斯兰概念","BK4532":"文艺复兴科技持仓","IE0004091025.USD":"BNY MELLON GLOBAL OPPORTUNITIES \"B\" (USD) ACC","IE00B19Z9505.USD":"美盛-美国大盘成长股A Acc","BK4571":"数字音乐概念","LU0072462426.USD":"贝莱德全球配置 A2","BK4507":"流媒体概念","LU0053666078.USD":"摩根大通基金-美国股票A（离岸）美元","BK4585":"ETF&股票定投概念","IE00BN8TJ469.HKD":"FTGF CLEARBRIDGE TACTICAL DIVIDEND INCOME \"A\" (HKD) INC","BK4576":"AR","LU0056508442.USD":"贝莱德世界科技基金A2","LU0048584097.USD":"FIDELITY FUNDS  GLOBAL THEMATIC OPPORTUNITIES \"A\" (USD) INC","BK4575":"芯片概念","IE00BJJMRY28.SGD":"Janus Henderson Balanced A Inc SGD","IE00B1BXHZ80.USD":"Legg Mason ClearBridge - US Appreciation A Acc USD","IE00BSNM7G36.USD":"NEUBERGER BERMAN SYSTEMATIC GLOBAL SUSTAINABLE VALUE \"A\" (USD) ACC","BK4501":"段永平概念","BK4527":"明星科技股","BK4579":"人工智能","IE0005OL40V9.USD":"JANUS HENDERSON BALANCED \"A6M\" (USD) INC","IE00BZ1G4Q59.USD":"LEGG MASON CLEARBRIDGE US EQUITY SUSTAINABILITY LEADER \"A\"(USD) INC (A)","IE000W1ABFV2.USD":"PIMCO BALANCED INCOME AND GROWTH \"R\" (USD) INC","BK4588":"碎股","IE00BK4W5L77.USD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (USD) ACC","IE00BWXC8680.SGD":"PINEBRIDGE US LARGE CAP RESEARCH ENHANCED \"A5\" (SGD) ACC","BK4574":"无人驾驶","BK4134":"信息科技咨询与其它服务","IE00BK4W5M84.HKD":"HSBC GLOBAL FUNDS ICAV US EQUITY INDEX \"HC\" (HKD) ACC","IE00B19Z8X17.USD":"FTGF CLEARBRIDGE US LARGE CAP GROWTH  \"AG\" (USD) ACC","BK4573":"虚拟现实","IE0003U64NQ7.SGD":"PIMCO BALANCED INCOME AND GROWTH \"M\" (SGDHDG) ACC"},"source_url":"https://api.rkd.refinitiv.com/api/News/News.svc/REST/News_1/RetrieveStoryML_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2453059530","content_text":"(Reuters) - Apple moves forward with foldable iPhone, could be released as early as 2026, The Information reported.Apple stock rose 1% in morning trading on the news.","news_type":1},"isVote":1,"tweetType":1,"viewCount":546,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":324858223767640,"gmtCreate":1720340165067,"gmtModify":1720342063945,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple","listText":"You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple","text":"You never hold onto a loss. Get to BE, then sell. If you make a profit after it breaks even, cool, if not, but your losses and move on. Emotions play no part in trading. It’s all about getting into a trade, reaping rewards, then getting out, for whatever time period you wish to do this over. Simple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/324858223767640","isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":335193881600192,"gmtCreate":1722841000401,"gmtModify":1722841969160,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Recession? Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never \"no other option\". You've just got to be brave enough to take the option you don't wanna take to make money. Simple","listText":"Recession? Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never \"no other option\". You've just got to be brave enough to take the option you don't wanna take to make money. Simple","text":"Recession? Why? Panic? Why? Who's to gain from the recession? The bears in the market? Why run scared when you can run with strength and purpose? The whole scare tactics in the global economy need to stop. Intel not doing so well, but that's their own stupid fault. They've been in this game for a number of years, yet still can't produce a processor that has everything for consumers and/ or data centres to enjoy and really make an impact. Nvidia got delays, but this is supply chain. That will sort itself out. There's always a way out. Never \"no other option\". You've just got to be brave enough to take the option you don't wanna take to make money. Simple","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/335193881600192","isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":325542428442632,"gmtCreate":1720507484050,"gmtModify":1720513949541,"author":{"id":"4174295482210432","authorId":"4174295482210432","name":"TigerTrader2024","avatar":"https://community-static.tradeup.com/news/e2cf44bd3c54c80ec8b4dbad5a7d7dc2","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4174295482210432","authorIdStr":"4174295482210432"},"themes":[],"htmlText":"Hold on. \"We have a healthy pipeline...\" when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?","listText":"Hold on. \"We have a healthy pipeline...\" when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?","text":"Hold on. \"We have a healthy pipeline...\" when talking about IPOs? Really? When was the last IPO on the SGX? I think it's about encouraging investors with the possibility of cryptocurrency offerings. Fiat currency is a back up since it's too easily influenced by world events. Crypto isn't. That's the main USP of buying and seeking crypto. Whatever the price is. It's about belief in a crypto project. Fiat currency doesn't have that. Never has. Countries just keep printing money and also encourage/ continue to file the inflationary fire. When will it stop?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/325542428442632","repostId":"2450062316","repostType":2,"repost":{"id":"2450062316","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1720506900,"share":"https://ttm.financial/m/news/2450062316?lang=&edition=fundamental","pubTime":"2024-07-09 14:35","market":"sg","language":"en","title":"SGX Has No Immediate Plans to Allow Crypto Listings, CEO Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2450062316","media":"Reuters","summary":"SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ri","content":"<html><head></head><body><p>SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.</p><p>Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said &#34;not at the moment&#34;, when asked whether SGX would be open to crypto listings.</p><p>&#34;I think for any new product launches, it&#39;s important for this to have a sustainable ecosystem support,&#34; he said. &#34;That really means demand, that really means governance, that really means structure.&#34;</p><p>The U.S. Securities and Exchange Commission&#39;s approval this year of U.S.-listed spot bitcoin exchange traded funds (ETFs) marked a watershed moment for the crypto industry and triggered similar moves globally.</p><p>Asia got its first spot cryptocurrency ETFs in April with the listing of six bitcoin and ether ETFs in Hong Kong.</p><p>Crypto ETF inflows have helped catapult bitcoin to record highs this year, with the world&#39;s largest crypto up nearly 35% to date. Ether has risen over 30% in the same period.</p><p>&#34;The ecosystem, I feel, at this point in time, is not ready for such products in Singapore,&#34; said Loh.</p><p>&#34;You never say never, as time evolves, and as the ecosystem comes together, we are always known to be the most innovative exchange or platform in the world.&#34;</p><p>SGX has been under pressure from institutional investors and industry groups to improve what has been a chronic challenge to attract listings of high-growth companies.</p><p>Hamstrung by a small base of retail investors, SGX has grappled with low liquidity and valuations. It has built up an Asian derivatives business and remains a global listing venue for real estate investment trusts.</p><p>In response to a question on how SGX plans to revive initial public offerings (IPOs), Loh said &#34;we have a healthy pipeline&#34;.</p><p>&#34;Secondary listings is one way where companies get exposure - we have that in the pipeline. We have new IPOs, some companies are really now preparing, and ... we&#39;re going to have a simultaneous dual listing,&#34; he said.</p><p>The group posted net profit of S$281.6 million ($208.70 million) in the first half of its 2024 financial year, a fall of 1% from the same period a year earlier. As of end-June, SGX had 623 listed securities with a combined market value of S$792.93 billion.</p><p>($1 = 1.3493 Singapore dollars)</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>SGX Has No Immediate Plans to Allow Crypto Listings, CEO Says</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\">\nSGX Has No Immediate Plans to Allow Crypto Listings, CEO Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2024-07-09 14:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.</p><p>Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said &#34;not at the moment&#34;, when asked whether SGX would be open to crypto listings.</p><p>&#34;I think for any new product launches, it&#39;s important for this to have a sustainable ecosystem support,&#34; he said. &#34;That really means demand, that really means governance, that really means structure.&#34;</p><p>The U.S. Securities and Exchange Commission&#39;s approval this year of U.S.-listed spot bitcoin exchange traded funds (ETFs) marked a watershed moment for the crypto industry and triggered similar moves globally.</p><p>Asia got its first spot cryptocurrency ETFs in April with the listing of six bitcoin and ether ETFs in Hong Kong.</p><p>Crypto ETF inflows have helped catapult bitcoin to record highs this year, with the world&#39;s largest crypto up nearly 35% to date. Ether has risen over 30% in the same period.</p><p>&#34;The ecosystem, I feel, at this point in time, is not ready for such products in Singapore,&#34; said Loh.</p><p>&#34;You never say never, as time evolves, and as the ecosystem comes together, we are always known to be the most innovative exchange or platform in the world.&#34;</p><p>SGX has been under pressure from institutional investors and industry groups to improve what has been a chronic challenge to attract listings of high-growth companies.</p><p>Hamstrung by a small base of retail investors, SGX has grappled with low liquidity and valuations. It has built up an Asian derivatives business and remains a global listing venue for real estate investment trusts.</p><p>In response to a question on how SGX plans to revive initial public offerings (IPOs), Loh said &#34;we have a healthy pipeline&#34;.</p><p>&#34;Secondary listings is one way where companies get exposure - we have that in the pipeline. We have new IPOs, some companies are really now preparing, and ... we&#39;re going to have a simultaneous dual listing,&#34; he said.</p><p>The group posted net profit of S$281.6 million ($208.70 million) in the first half of its 2024 financial year, a fall of 1% from the same period a year earlier. As of end-June, SGX had 623 listed securities with a combined market value of S$792.93 billion.</p><p>($1 = 1.3493 Singapore dollars)</p></body></html>\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","S68.SI":"新加坡交易所"},"source_url":"https://sg.news.yahoo.com/news/sgx-no-immediate-plans-allow-061650686.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2450062316","content_text":"SINGAPORE, July 9 (Reuters) - Singapore Exchange (SGX) has no immediate plans to allow cryptocurrency listings on its bourse, CEO Loh Boon Chye said on Tuesday, adding that conditions are still not ripe for such a move.Speaking in an interview at the Reuters NEXT conference in Singapore, Loh said \"not at the moment\", when asked whether SGX would be open to crypto listings.\"I think for any new product launches, it's important for this to have a sustainable ecosystem support,\" he said. \"That really means demand, that really means governance, that really means structure.\"The U.S. Securities and Exchange Commission's approval this year of U.S.-listed spot bitcoin exchange traded funds (ETFs) marked a watershed moment for the crypto industry and triggered similar moves globally.Asia got its first spot cryptocurrency ETFs in April with the listing of six bitcoin and ether ETFs in Hong Kong.Crypto ETF inflows have helped catapult bitcoin to record highs this year, with the world's largest crypto up nearly 35% to date. Ether has risen over 30% in the same period.\"The ecosystem, I feel, at this point in time, is not ready for such products in Singapore,\" said Loh.\"You never say never, as time evolves, and as the ecosystem comes together, we are always known to be the most innovative exchange or platform in the world.\"SGX has been under pressure from institutional investors and industry groups to improve what has been a chronic challenge to attract listings of high-growth companies.Hamstrung by a small base of retail investors, SGX has grappled with low liquidity and valuations. It has built up an Asian derivatives business and remains a global listing venue for real estate investment trusts.In response to a question on how SGX plans to revive initial public offerings (IPOs), Loh said \"we have a healthy pipeline\".\"Secondary listings is one way where companies get exposure - we have that in the pipeline. We have new IPOs, some companies are really now preparing, and ... we're going to have a simultaneous dual listing,\" he said.The group posted net profit of S$281.6 million ($208.70 million) in the first half of its 2024 financial year, a fall of 1% from the same period a year earlier. As of end-June, SGX had 623 listed securities with a combined market value of S$792.93 billion.($1 = 1.3493 Singapore dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}