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- boatboatboatboat
  ·2021-04-14
  Solid
  JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects
  KEY POINTS Here's what Wall Street expects: Earnings: $3.10 per share, almost 300% higher than a ye
  JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects
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- boatboatboatboat
  ·2021-04-14
  let’s goo
  Can You Make Coin Investing In Coinbase?
  SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the
  Can You Make Coin Investing In Coinbase?
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- boatboatboatboat
  ·2021-04-14
  Moon
  Coinbase is unlike any market debut Wall Street has ever seen
  KEY POINTS Coinbase is set to hit the public market on Wednesday, a week after preliminarily report
  Coinbase is unlike any market debut Wall Street has ever seen
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- boatboatboatboat
  ·2021-04-14
  to the moon we go
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- boatboatboatboat
  ·2021-04-14
  To the moon soon
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- boatboatboatboat
  ·2021-04-14
  moon bro
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- boatboatboatboat
  ·2021-04-14
  $Sundial Growers Inc.(SNDL)$Hehe
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- boatboatboatboat
  ·2021-03-10
  To the moon
  Tech bounces back — Here's what analysts say investors should watch
  Tech stocks led a market rallyon Tuesday asbond yields declined. The tech-heavyNasdaq 100rallied mor
  Tech bounces back — Here's what analysts say investors should watch
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- boatboatboatboat
  ·2021-02-17
  $Churchill Capital Corp IV(CCIV)$TO THE MOON
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- boatboatboatboat
  ·2021-02-17
  Moon
  George Soros Bets on QuantumScape as Palantir Stake Sale Looms
  Firm held $280 million QuantumScape stake, exited DraftKingsPalantir position worth $435 million aft
  George Soros Bets on QuantumScape as Palantir Stake Sale Looms
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18:28","market":"us","language":"en","title":"JPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects","url":"https://stock-news.laohu8.com/highlight/detail?id=1137874341","media":"cnbc","summary":"KEY POINTS\n\nHere's what Wall Street expects:\nEarnings: $3.10 per share, almost 300% higher than a ye","content":"<div>\n<p>KEY POINTS\n\nHere's what Wall Street expects:\nEarnings: $3.10 per share, almost 300% higher than a year earlier, according to Refinitiv.\nRevenue: $30.52 billion, 5% higher than a year earlier.\nTrading ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/jpmorgan-jpm-earnings-q1-2021.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" 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.h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nJPMorgan Chase is set to report first-quarter earnings – here’s what the Street expects\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 18:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/14/jpmorgan-jpm-earnings-q1-2021.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nHere's what Wall Street expects:\nEarnings: $3.10 per share, almost 300% higher than a year earlier, according to Refinitiv.\nRevenue: $30.52 billion, 5% higher than a year earlier.\nTrading ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/14/jpmorgan-jpm-earnings-q1-2021.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"JPM":"摩根大通"},"source_url":"https://www.cnbc.com/2021/04/14/jpmorgan-jpm-earnings-q1-2021.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1137874341","content_text":"KEY POINTS\n\nHere's what Wall Street expects:\nEarnings: $3.10 per share, almost 300% higher than a year earlier, according to Refinitiv.\nRevenue: $30.52 billion, 5% higher than a year earlier.\nTrading Revenue: Fixed income $4.97 billion, Equities $2.31 billion\n\nJPMorgan Chaseis scheduled to report first-quarter earnings before the opening bell on Wednesday.\nHere’s what Wall Street expects:\nEarnings: $3.10 per share, almost 300% higher than a year earlier, according to Refinitiv.\nRevenue: $30.52 billion, 5% higher than a year earlier.\nNet interest margin: 1.79%, according to FactSet\nTrading revenue: Fixed income $4.97 billion, equities $2.31 billion\nJPMorgan Chase, the first major bank to report first-quarter earnings, will be closely watched for clues as to how the industry will emerge from the coronavirus pandemic.\nOne key question is whether banks will continue to release loan loss reserves — and the magnitude of those releases — that are no longer needed as the U.S. economic recovery gains pace. In the fourth quarter, JPMorgan beat expectations in part by releasing $2.9 billion in reserves.\nJPMorgan, with the world’s biggest Wall Street division by revenue, is also expected to benefit from robust investment banking fees driven by record issuance of SPACs, the blank check companies that saw more activity in the first quarter than all of 2020, itself a record year. Trading revenue is also expected to be a tailwind in the quarter.\nAnalysts will also be curious about the pace of share repurchases the bank is expected to make. Last month, the Federal Reserve said banks that pass the industry’s 2021 stress test will be allowed to resume higher levels of dividend payouts and buybacks starting June 30.\nShares of JPMorgan rose 21% so far this year, compared to the 25% advance of the KBW Bank Index.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345722830,"gmtCreate":1618355557720,"gmtModify":1704709492956,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"let’s goo&nbsp;","listText":"let’s goo&nbsp;","text":"let’s goo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/345722830","repostId":"1194635432","repostType":4,"repost":{"id":"1194635432","pubTimestamp":1618236146,"share":"https://ttm.financial/m/news/1194635432?lang=&edition=fundamental","pubTime":"2021-04-12 22:02","market":"us","language":"en","title":"Can You Make Coin Investing In Coinbase?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194635432","media":"seekingalpha","summary":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the ","content":"<p><b>Summary</b></p><ul><li>Coinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.</li><li>With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.</li><li>Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.</li><li>Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.</li></ul><p>I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?</p><p>At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.</p><p><b>Fundamental Risks 1: The US Regulatory Landscape</b></p><p>The US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.</p><p>Coinbase has the 2nd smallest coin listings</p><p>Coin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.</p><p>Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at &gt;20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.</p><p>SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)</p><p>In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.</p><p>XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.</p><p>Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.</p><p>Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.</p><p><img src=\"https://static.tigerbbs.com/5bf68da62452a794c5daaa60ac989840\" tg-width=\"554\" tg-height=\"576\" referrerpolicy=\"no-referrer\">Source: Table created by Author fromCoinMarketCap</p><p><b>Other Regulatory Risks</b></p><p>Regulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.</p><p>Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.</p><p>Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.</p><p><b>Fundamental Risk 2: Losing a Winner-Takes-All Market</b></p><p>There are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.</p><p>Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.</p><p>On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.</p><p>In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).</p><p>Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.</p><p>In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.</p><p><img src=\"https://static.tigerbbs.com/01ca6dafd2b567bd920c5e9f8edc8fbb\" tg-width=\"640\" tg-height=\"202\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Valuation</b></p><p>The tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.</p><p>Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.</p><p>Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.</p><p>Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.</p><p>Table 3:Coinbase's Revenue from 2016-2020<img src=\"https://static.tigerbbs.com/de8396c363230e04130e43f63d653956\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 4:Coinbase's Profit from 2016-2020<img src=\"https://static.tigerbbs.com/be2327ad800bd3524a3aaa57e3a0b17f\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 5:Coinbase's Historical Valuations<img src=\"https://static.tigerbbs.com/4b1fd86395ee1b0e38f1f6fd472f84bd\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Verdict</b></p><p>In my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.</p><p>The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.</p>","source":"seekingalpha","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>Can You Make Coin Investing In Coinbase?</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\">\nCan You Make Coin Investing In Coinbase?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 22:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194635432","content_text":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.Fundamental Risks 1: The US Regulatory LandscapeThe US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.Coinbase has the 2nd smallest coin listingsCoin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.Source: Table created by Author fromCoinMarketCapOther Regulatory RisksRegulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.Fundamental Risk 2: Losing a Winner-Takes-All MarketThere are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.Source:BusinessofAppsValuationThe tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.Table 3:Coinbase's Revenue from 2016-2020Source:BusinessofAppsTable 4:Coinbase's Profit from 2016-2020Source:BusinessofAppsTable 5:Coinbase's Historical ValuationsSource:BusinessofAppsVerdictIn my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":341,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345722055,"gmtCreate":1618355527077,"gmtModify":1704709492469,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345722055","repostId":"1150521541","repostType":4,"repost":{"id":"1150521541","pubTimestamp":1618334507,"share":"https://ttm.financial/m/news/1150521541?lang=&edition=fundamental","pubTime":"2021-04-14 01:21","market":"us","language":"en","title":"Coinbase is unlike any market debut Wall Street has ever seen","url":"https://stock-news.laohu8.com/highlight/detail?id=1150521541","media":"cnbc","summary":"KEY POINTS\n\nCoinbase is set to hit the public market on Wednesday, a week after preliminarily report","content":"<div>\n<p>KEY POINTS\n\nCoinbase is set to hit the public market on Wednesday, a week after preliminarily reporting a nine-fold increase in first-quarter revenue to an estimated $1.8 billion.\nRecent private ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/13/coinbase-is-unlike-any-market-debut-wall-street-has-ever-seen-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Coinbase is unlike any market debut Wall Street has ever seen</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\">\nCoinbase is unlike any market debut Wall Street has ever seen\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 01:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/04/13/coinbase-is-unlike-any-market-debut-wall-street-has-ever-seen-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nCoinbase is set to hit the public market on Wednesday, a week after preliminarily reporting a nine-fold increase in first-quarter revenue to an estimated $1.8 billion.\nRecent private ...</p>\n\n<a href=\"https://www.cnbc.com/2021/04/13/coinbase-is-unlike-any-market-debut-wall-street-has-ever-seen-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://www.cnbc.com/2021/04/13/coinbase-is-unlike-any-market-debut-wall-street-has-ever-seen-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1150521541","content_text":"KEY POINTS\n\nCoinbase is set to hit the public market on Wednesday, a week after preliminarily reporting a nine-fold increase in first-quarter revenue to an estimated $1.8 billion.\nRecent private market trades value the company at about $100 billion on a fully diluted basis. Its business so far has been closely tied to the price of bitcoin and ethereum. But while bitcoin has been on a tear this year, it lost 75% of its value in 2018, and there’s no reason that couldn’t happen again.\nCrypto evangelists say that the long-term value of the company goes way beyond those two currencies and will come from a shift in the structure of finance and online marketplaces.\n\n\nCoinbase is poised to command an astronomical valuation when the digital currency exchange goes public on Wednesday. But ask 10 market experts how the company shouldbevalued and you’ll likely get 10 answers.\nThat’s because Coinbase’s current business — the one that produced a whopping $1.8 billion of estimated revenue in thefirst quarterand up to $800 million in net income — is built almost entirely on the performance of bitcoin and ethereum.\nThose cryptocurrencies have skyrocketed more than 800% and 1,300% respectively in the past year. As a result, Coinbase, the most popular place for U.S. investors to purchase those assets, has grown nine-fold over that stretch.\nShould Coinbase hit the public market around its latest private market valuation of $100 billion, taking into account a fully diluted share count, it would instantly be one of the 85 most valuable U.S. companies.\nHere’s the key question for investors ahead of the Nasdaq debut: What happens when a crypto company with historically anomalous growth, massive uncertainty, and no official headquarters clashes with the rigors of Wall Street and familiar metrics like price-to-sales and price-to-earnings ratios?\n“Valuing any start-up can be challenging, but I think the issue of valuation is far more complex with a company like Coinbase,” saidNatalie Hwang, founding managing partner at investment firm Apeira Capital. She doesn’t have a current stake in the company.\nPredicting crypto prices has proven to be a foolhardy game. Swings can be so rapid in either direction that Coinbase has 27 bullet points in itsprospectuson the volatility risks. They include changes in investor confidence, negative publicity and social media coverage, regulatory issues and service interruptions related to the technology.\nBecause the underlying assets that make up Coinbase’s financial story are so unpredictable, fundamental analysis of earnings quality, customer retention and efficiency doesn’t get you very far. Coinbase evangelists don’t spend much time on it.\nRather, they’re looking down the road to a future in which financial intermediaries are diminished and transactions take place predominantly on the blockchain. Online marketplaces for e-commerce, travel and homebuying, they say, will use a variety of cryptocurrencies to connect buyers and sellers, with blockchain serving as the universal source of truth.\nCoinbase calls it the “cryptoeconomy,” a word that shows up 163 times in its prospectus. It portends a software-powered world of payments, trading and all sorts of peer-to-peer transactions that take advantage of blockchain’s ability to give everything a unique identifier.\nIf Coinbase bulls are right, the company is at the center of a critical transformation of the internet. Some compare it to Netscape, which introduced the browser to consumers. Others look at howAmazonbrought physical retail to the web or howFacebookbecame the way that people connect.\nMatthew Le Merle, managing partner of investment firm Fifth Era and Blockchain Coinvestors, said that tying Coinbase’s value to bitcoin would be like valuing Amazon in its early days based on book sales, or placing a multiple onAirbnbfive years ago by looking at its number of rental nights booked.\n“You don’t think about bitcoin volatility, trading fees and revenue,” said Le Merle, whose firm specializes in crypto and has exposure to Coinbase through investments in some venture funds. “You have to start with — what’s the profit pool of the world’s digital monies and assets? In that context, this is trillions and trillions of dollars that’s going to be shifting hands.”\nToday it’s about bitcoin transactions\nNo matter what the future holds, Coinbase’s revenue at least through this year will largely be determined by transaction volume, which is currently tied closely to bitcoin prices. Coinbase makes a fee on trades that varies based on transaction size.\nIn itsfirst-quarter earnings reportlast week, Coinbase said it had 6.1 million monthly transacting users (MTUs). Should crypto prices rise, MTUs for the year could reach 7 million, Coinbase’s most aggressive estimate. In the middle range, assuming a flat crypto market, MTUs would land at 5.5 million. The most conservative prediction, assuming prices drop, is 4 million MTUs.\nCoinbase skeptics see a company that relies on fees in a market where a growing roster of rivals can get aggressive with pricing. For example, the popular appRobinhooddoesn’t charge a fee for crypto purchases.\nStock research firm New Constructs wrote in a report last week that competition from companies likeKraken,GeminiandBinancewill eat into Coinbase’s future fee revenue leading to a “race to the bottom,” similar to what happened in stock trading. The firm said that, according to its analysis, Coinbase should be valued at $18.9 billion, or 81% below its expected market cap.\n“As the cryptocurrency market matures and more firms inevitably pursue Coinbase’s high margins, the firm’s competitive position will inevitably deteriorate,” New Constructs wrote. Competitors “will likely offer lower or zero trading fees as a strategy to take market share.”\nSusquehanna, a research and trading firm, is much more optimistic on Coinbase, estimating a fair value market cap of $96 billion to $108 billion. That’s a price-to-sales multiple for Coinbase’s 2023 revenue of between 11 and 12, a premium to its peer group average of seven because of the company’s “high growth,” Susquehanna wrote last week.\nAlmost all of that growth for Coinbase comes from the high volume of bitcoin and ethereum trades. The company is going public during a crypto super bull market that seen bitcoin climb from under $30,000 at the end of 2020 past $60,000 today.\nBut in 2018 bitcoin lost 75% of its value, and there are no rules against that happening again. In the risk factors section of Coinbase’s prospectus, the first two items consider that very point.\nThe first says that financial results will fluctuate based on the crypto market. The second says revenue is “substantially dependent” on crypto prices and volumes and that “if such price or volume declines, our business, operating results, and financial condition would be adversely affected.”\nBeyond day-trading Coinbase\nBut perhaps these evaluations are all msiguided.\nRoger Lee, a partner at Battery Ventures, which invested in Coinbase in 2017 at a$1.6 billion valuation, calls bitcoin the “least interesting thing” about crypto right now. Thus, there’s no sales multiple that makes sense.\nThe right way to think about Coinbase, Lee says, is to imagine where the internet was in 1994 before Netscape effectively turned the lights on for the average consumer by providing a way to browse. Similarly, Coinbase brings the complex concept of crypto into the mainstream, allowing the masses to learn about and invest in it.\nThe more people start to read and hear about various project that are emerging within the cryptoeconomy, the less they’ll focus on the bitcoin chart, said Lee.\n“For a lot of people day trading Coinbase, they’ll be fixated on the price of bitcoin,” Lee said in an interview. “For people who are long-term investors and see everything going on not just with bitcoin but with the 40, 50, 60, 100 tokens over time that enable all these other use cases, they’ll realize that Coinbase is an index for the other things being built.”\nAs an example, Lee pointed toRally Network, a service that allows creators and artists to launch their own coins on the ethereum blockchain without knowing how to code. Creators can reward fans with tokens, which can then be used to buy goods like merchandise or concert tickets. Unlike most sites for artists, there’s no fee for the host.\n“This is diametrically opposed to a traditional platform that needs to ‘tax’ or ‘charge’ the creators to generate revenue,” said Lee, whose firm is an investor in Rally, in a follow-up email.\nRally has its own network token that investors can buy and sell as they would bitcoin, though on Coinbase it’s only available on the custodian service for institutional buyers.\nIn addition to the many altcoins on the market, there’s the recent explosion ofnon-fungible tokens(NFTs), or digital assets that live on the blockchain. Athletes have been selling videoclips of highlightsfor up to hundreds of thousands of dollars each, whilepieces of arthave sold in the millions of dollars.\nA virtual art piece titled “Everydays: The First 5000 Days.” Created by digital artist Beeple, it’s the first NFT-based work of art to go on auction at Christie’s.Christie’s\nIn February, Justin Blau, the DJ and musician who goes by 3LAU, auctioned off a series ofsongs, art and videos as NFTsand reeled in close to $12 million in the process. For the NFT technology, he partnered withOrigin Protocol, which powers crypto marketplaces and e-commerce sites.\nThe Origin token can be purchased on Coinbase and is currentlytradingat $2.39. That’s up more than 20-fold in 2021, even after dropping more than 20% in the last week.\nOrigin co-founder Josh Fraser is in the camp of crypto true believers, expecting rapid market adoption across finance and commerce. He points out thatPayPalhas a market cap above $300 billion, with a growth rate that hovers around 20%.\n“There is no reason to say Coinbase should not be valued more than a PayPal at almost $300B especially with the multiplier awarded to disruptive technology stocks,” Fraser wrote in an email from Taiwan. “The addressable market for money itself is gigantic and Coinbase would be one of the best ‘picks and shovels’ plays for this.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345726584,"gmtCreate":1618355501948,"gmtModify":1704709491810,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"to the moon we go&nbsp;","listText":"to the moon we go&nbsp;","text":"to the moon we go","images":[{"img":"https://static.tigerbbs.com/6f64ca866b661a01c49864459215c2b7","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345726584","isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345726375,"gmtCreate":1618355468097,"gmtModify":1704709491163,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"To the moon soon","listText":"To the moon soon","text":"To the moon soon","images":[{"img":"https://static.tigerbbs.com/bb85c913d6d2f409b163aff8e2eb5b9f","width":"750","height":"2299"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345726375","isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345462101,"gmtCreate":1618331527403,"gmtModify":1704709345581,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"moon bro&nbsp;","listText":"moon bro&nbsp;","text":"moon bro","images":[{"img":"https://static.tigerbbs.com/16f149c6a44789ca0fb0c0fc5023f80f","width":"750","height":"2236"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345462101","isVote":1,"tweetType":1,"viewCount":229,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":345466719,"gmtCreate":1618331459631,"gmtModify":1704709344769,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>Hehe","listText":"<a href=\"https://laohu8.com/S/SNDL\">$Sundial Growers Inc.(SNDL)$</a>Hehe","text":"$Sundial Growers Inc.(SNDL)$Hehe","images":[{"img":"https://static.tigerbbs.com/c012995f4a30415a01eb92a934b093d4","width":"828","height":"1434"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/345466719","isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":323505634,"gmtCreate":1615351538828,"gmtModify":1704781538317,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"To the moon&nbsp;","listText":"To the moon&nbsp;","text":"To the moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/323505634","repostId":"1140398434","repostType":4,"repost":{"id":"1140398434","pubTimestamp":1615349081,"share":"https://ttm.financial/m/news/1140398434?lang=&edition=fundamental","pubTime":"2021-03-10 12:04","market":"us","language":"en","title":"Tech bounces back — Here's what analysts say investors should watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1140398434","media":"cnbc","summary":"Tech stocks led a market rallyon Tuesday asbond yields declined.\nThe tech-heavyNasdaq 100rallied mor","content":"<div>\n<p>Tech stocks led a market rallyon Tuesday asbond yields declined.\nThe tech-heavyNasdaq 100rallied more than 4% in its best day since early November.\nHere's what market experts said about the move.\nMike...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/09/tech-stocks-bounce-back-what-experts-say-investors-should-watch.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Tech bounces back — Here's what analysts say investors should watch</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\">\nTech bounces back — Here's what analysts say investors should watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-10 12:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/03/09/tech-stocks-bounce-back-what-experts-say-investors-should-watch.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tech stocks led a market rallyon Tuesday asbond yields declined.\nThe tech-heavyNasdaq 100rallied more than 4% in its best day since early November.\nHere's what market experts said about the move.\nMike...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/09/tech-stocks-bounce-back-what-experts-say-investors-should-watch.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/03/09/tech-stocks-bounce-back-what-experts-say-investors-should-watch.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1140398434","content_text":"Tech stocks led a market rallyon Tuesday asbond yields declined.\nThe tech-heavyNasdaq 100rallied more than 4% in its best day since early November.\nHere's what market experts said about the move.\nMike Wilson, chief investment officer at Morgan Stanley, said recent weakness afflicted highly valued stocks, not just tech.\n\"It's not tech per se. It's expensive stocks, and some of those happen to be in the tech bucket. There's also expensive stocks in biotech, and there's expensive stocks even in nontech groups. And what's really changed in the last two or three months is that the bond market has woken up to the idea that actually the back end is going to move out, and so the narrative three months ago was that 'rates can't go up, they won't go up, the Fed won't let it happen.' But here we are, 1.5%, 1.6% [for the 10-year]. And so now the equity market is accepting this idea that it was inevitable. And we're adjusting. So I don't think this is the end of the bull market or the end of tech stocks per se, but it was an adjustment that was very necessary.\"\nDavid Kostin, chief U.S. equity strategist at Goldman Sachs, said tech is still a longer-term bet.\n\"The issue really is what's happening on the margin. We have huge fiscal stimulus coming, likely to be signed in the next day or so. We're likely to have very significant improvement in the vaccination process, more than 2 million people a day. So those things are about nearer-term activity, and that really does benefit an improvement of business fundamentals for some of the near-term, more cyclical-related stocks in the recovery trade, if you will. So if you want to think about longer term, sure, technology, secular growth, those are definitely tapping into some of the evolutions in what's happening in the economy, but near term, tactically it's likely to be cyclical.\"\nJim Grant, founder and editor of Grant's Interest Rate Observer, broke down the bond market.\n\"We have been in a 40-year bull market in bonds. Almost no one living on Wall Street today has any recollection of interest rates rising. We are predisposed to assume that rates go down, that seems natural. ... They are remarkably low when adjusted for inflation. As measured since 1962, as a saver, you'd get over 2.5 almost percentage points of real inflation-adjusted yield by owning the 10-year Treasury. Today you get exactly no real interest. ... So the value proposition for the 10-year Treasury, to me, is absolutely barren. There's nothing to be said as an investment for them.\"\nGabriela Santos, global market strategist at JPMorgan Asset Management, said it all comes back to earnings.\n\"I think one of the points we make is we're coming into this year with a much better outlook but with stretched valuations. So returns this year are really going to come from the change in earnings, and it's really the cyclical parts of the market that will see the biggest delta in earnings this year versus last year. Those are the kind of sectors that can absorb rising yields, that can really tap into this improvement in the economy. So just an example, financials will see a 40 percentage-point change in earnings, consumer discretionary 70 percentage points. If we look at health care, only 2 percentage points. Tech only 10%. So that's the reason why these rising bond yields related to rising growth benefits these more cyclical parts of the market.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":221,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":385646040,"gmtCreate":1613549220180,"gmtModify":1704881873638,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>TO THE MOON","listText":"<a href=\"https://laohu8.com/S/CCIV\">$Churchill Capital Corp IV(CCIV)$</a>TO THE MOON","text":"$Churchill Capital Corp IV(CCIV)$TO THE MOON","images":[{"img":"https://static.tigerbbs.com/4bd52cee3f51e741625cc90632868e55","width":"828","height":"1590"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/385646040","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":385871847,"gmtCreate":1613536402489,"gmtModify":1704881752615,"author":{"id":"3570016994730046","authorId":"3570016994730046","name":"boatboat","avatar":"https://static.tigerbbs.com/8cfa47d691f414bbc2360c3da5f1e66f","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3570016994730046","idStr":"3570016994730046"},"themes":[],"htmlText":"Moon","listText":"Moon","text":"Moon","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/385871847","repostId":"1153738409","repostType":4,"repost":{"id":"1153738409","pubTimestamp":1613534408,"share":"https://ttm.financial/m/news/1153738409?lang=&edition=fundamental","pubTime":"2021-02-17 12:00","market":"us","language":"en","title":"George Soros Bets on QuantumScape as Palantir Stake Sale Looms","url":"https://stock-news.laohu8.com/highlight/detail?id=1153738409","media":"Bloomberg","summary":"Firm held $280 million QuantumScape stake, exited DraftKingsPalantir position worth $435 million aft","content":"<ul><li>Firm held $280 million QuantumScape stake, exited DraftKings</li><li>Palantir position worth $435 million after stock surge</li></ul><p>Soros Fund Management&nbsp;disclosed a stake in an electric-vehicle-battery startup as the billionaire philanthropist’s investment firm raised tech bets and exited its stake in sports betting company DraftKings Inc.</p><p>George Soros’s firm said it held $4.6 billion in U.S. stocks at the end of the quarter, an $886 million increase from the prior quarterly period, according to a regulatory filing Tuesday.</p><p>Its largest new holding was a $280 million piece of&nbsp;QuantumScape Corp., which is attempting to pioneer solid-state lithium-metal batteries for electric vehicles.</p><p>Soros also disclosed that its holding in Palantir Technologies Inc., the controversial data-mining company co-founded by&nbsp;Peter Thiel, ballooned to $435 million at the end of the year after the stock surged 148% during the quarter.</p><p>Soros originally revealed it owned 18.46 million shares of Palantir in November but quickly issued a&nbsp;statement&nbsp;saying the original investment was made in 2012 and it regretted the decision.</p><p>“SFM made this investment at a time when the negative social consequences of big data were less understood,” the firm said. Soros explained that it had sold all the shares it’s permitted to sell at the time and would keep selling. “SFM does not approve of Palantir’s business practices.”</p><p>A lockup for insiders to sell shares expires this week.</p><p>Soros’s early investment in Palantir was converted into publicly traded shares when the company listed on the New York Stock Exchange in September. The firm, which relies on contracts from government entities including the U.S. Department of Defense and the Central Intelligence Agency for much of its revenue, now has a market valuation of $48.5 billion.</p><p>Soros, 90, has used his vast wealth to become one of the world’s largest funders of groups promoting justice, democracy, human rights and progressive politics through his Open Society Foundations. He’s poured billions into his philanthropic efforts, and most of his firm’s assets now belong to the foundations rather than to the Soros family.</p><p>Over the years the financier’s investments have conflicted with this philanthropic philosophy. His funds have at various times owned stakes in gun manufacturers and coal companies.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>George Soros Bets on QuantumScape as Palantir Stake Sale Looms</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGeorge Soros Bets on QuantumScape as Palantir Stake Sale Looms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-17 12:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-17/george-soros-bets-on-quantumscape-as-palantir-stake-sale-looms?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Firm held $280 million QuantumScape stake, exited DraftKingsPalantir position worth $435 million after stock surgeSoros Fund Management disclosed a stake in an electric-vehicle-battery startup as the ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-17/george-soros-bets-on-quantumscape-as-palantir-stake-sale-looms?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc.","QS":"Quantumscape Corp."},"source_url":"https://www.bloomberg.com/news/articles/2021-02-17/george-soros-bets-on-quantumscape-as-palantir-stake-sale-looms?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153738409","content_text":"Firm held $280 million QuantumScape stake, exited DraftKingsPalantir position worth $435 million after stock surgeSoros Fund Management disclosed a stake in an electric-vehicle-battery startup as the billionaire philanthropist’s investment firm raised tech bets and exited its stake in sports betting company DraftKings Inc.George Soros’s firm said it held $4.6 billion in U.S. stocks at the end of the quarter, an $886 million increase from the prior quarterly period, according to a regulatory filing Tuesday.Its largest new holding was a $280 million piece of QuantumScape Corp., which is attempting to pioneer solid-state lithium-metal batteries for electric vehicles.Soros also disclosed that its holding in Palantir Technologies Inc., the controversial data-mining company co-founded by Peter Thiel, ballooned to $435 million at the end of the year after the stock surged 148% during the quarter.Soros originally revealed it owned 18.46 million shares of Palantir in November but quickly issued a statement saying the original investment was made in 2012 and it regretted the decision.“SFM made this investment at a time when the negative social consequences of big data were less understood,” the firm said. Soros explained that it had sold all the shares it’s permitted to sell at the time and would keep selling. “SFM does not approve of Palantir’s business practices.”A lockup for insiders to sell shares expires this week.Soros’s early investment in Palantir was converted into publicly traded shares when the company listed on the New York Stock Exchange in September. The firm, which relies on contracts from government entities including the U.S. Department of Defense and the Central Intelligence Agency for much of its revenue, now has a market valuation of $48.5 billion.Soros, 90, has used his vast wealth to become one of the world’s largest funders of groups promoting justice, democracy, human rights and progressive politics through his Open Society Foundations. He’s poured billions into his philanthropic efforts, and most of his firm’s assets now belong to the foundations rather than to the Soros family.Over the years the financier’s investments have conflicted with this philanthropic philosophy. His funds have at various times owned stakes in gun manufacturers and coal companies.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}