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Steth

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- StethSteth
  ·2021-04-07
  Wow
  1 Under-the-Radar Financial Stock That Has Delivered Amazing Returns
  Not all parts of the financial services industry have joined the 21st century yet.
  1 Under-the-Radar Financial Stock That Has Delivered Amazing Returns
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- StethSteth
  ·2021-03-03
  Hhmmm
  3 Reasons to Avoid GameStop Stock
  Why high levels of interest may not lead to investor gains.
  3 Reasons to Avoid GameStop Stock
  109 Comment
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- StethSteth
  ·2021-03-01
  Yess
  Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation
  Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even
  Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation
  153 Comment
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- StethSteth
  ·2021-02-09
  :(
  Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes
  Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and B
  Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes
  94 Comment
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- StethSteth
  ·2021-02-07
  :)
  Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too
  KEY POINTS Livestreaming and short video apps became significant marketing channels in 2020. Short
  Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too
  110 Comment
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- StethSteth
  ·2021-02-07
  Hmmm
  Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO
  HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on F
  Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO
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- StethSteth
  ·2021-02-07
  Will it increase
  Performance of funds invested in GameStop in past two weeks
  (Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top ga
  Performance of funds invested in GameStop in past two weeks
  195 Comment
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20:15","market":"us","language":"en","title":"1 Under-the-Radar Financial Stock That Has Delivered Amazing Returns","url":"https://stock-news.laohu8.com/highlight/detail?id=2125803742","media":"Matthew Frankel, CFP and Brian Feroldi","summary":"Not all parts of the financial services industry have joined the 21st century yet.","content":"<p><b><a href=\"https://laohu8.com/S/MKTX\">MarketAxess Holdings</a></b> (NASDAQ:MKTX) isn't exactly a household name, but this is <a href=\"https://laohu8.com/S/AONE\">one</a> financial services business that should be on investors' radar. In this&nbsp;<i>Fool Live</i> video clip,&nbsp;<b>recorded on March 25</b>, Fool.com contributor Brian Feroldi discusses why this is such an incredible business and why it still has lots of room to grow.&nbsp;</p><p><b>Brian Feroldi:</b> So, the company is called MarketAxess. The ticker symbol is MKTX. This is not a company that you are going to interact with in your daily life. In fact, it only has a few thousand customers globally, but this is really an incredible business. If you look at the company's stock performance since it came public in 2005, you're talking about a 27-bagger and counting. You're going to understand why in a little bit, but this is just been a phenomenally successful company, phenomenally successful.</p><p>What do they do? This is the largest electronic fixed-income trading platform in the world. Everybody here buys and sells stocks online. It would be crazy for us to call up a broker or to call somebody else in your local community and say, \"Hi, I'm looking to buy some <b>Mastercard</b> shares, do you have any for me?\" Believe it or not, that's how the bond market works. Most bond market trading that happens, happens over email or by text message, or by simple communication where if you want to buy or sell a bond, most of it happens off-platform. It's been like this way for decades, for centuries. In the year 2000, there was a trader that was at J.P. Morgan. He saw this and said, \"This is crazy. If stock trading is going online, why shouldn't bond trading, fixed income trading go online?\" In a J.P. Morgan incubator, he founded MarketAxess and it basically takes all of the benefits of trading online and brings that to the bond market.</p><p>There's a lot of advantages. Liquidity is higher, transparency is there, it's easier to track data aggregation. There are huge advantages to trading and buying and selling online versus the old fashioned way. This company launched in 2000 and overtime, it has steadily added on new products to its platform and it has just steadily attracted new customers. I think a big reason why is because they had the backing of a lot of big financial institutions in the beginning, especially J. P. Morgan. The company has consistently added new products, expanded geographically, added new customers, and it has become the largest electronic fixed income trading platform in the world.</p><p>Their market position really benefits them because marketplaces have natural network effects. If you are interested in trading bonds online, which platform do you want to go to? The <a href=\"https://laohu8.com/S/AONE.U\">one</a> with the most market participants. You're going to get the most selection and the most liquidity. The exact same thing, if you want to sell. MarketAxess has over 1,800 institutional level investors and dealers on its platform worldwide, and every year, it adds more customers to it. It convinces them, each of its customers, to devote more of their fixed-income trading to the platform and it launches new products and services.</p><p>It started with the U.S. high-yield market, it added the European market, it added emerging market bonds to that, and it sees potentials to add CDs and leverage loans over time. Because of its position and because of the advantages the platform offers, this company's revenue has grown like clockwork. It's just been extremely consistent, dependable grower. What's even more interesting is this company's margins are basically Mastercard level. Its gross margin is 77% and its net margin, after all costs are taken out including taxes, is 43%. It keeps $0.43 on every dollar in sales. That is a ridiculously high number. This company is extremely scalable and extremely high-margin.</p><p>Over time, while it's certainly the biggest player in the market, the company still sees big growth potential from where it is today. It has about 1,800 total market participants, and a lot of that is still concentrated in its core market. It's going to be expanding internationally. It basically says that about $67 billion in fixed income credit products are traded every day. On its platform, it's only doing about $9-$10 billion. This was as of September. It still seems huge room for it to grow and it points out every 1% market share that it gets, it gets an additional $33-$35 million in revenue.</p><p>Because this is all fixed-cost business, all that additional revenue is basically turned into profit. This is an extremely compelling business. Now on the valuation side, the business is super high-quality, so it's also very expensive. The company trades at about 29 times sales and about 63 times earnings. The business is hyper-optimized for profits. That is a real P/E ratio. This is an expensive company. But if there is a business that deserves to be expensive, it's MarketAxess.&nbsp;</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>1 Under-the-Radar Financial Stock That Has Delivered Amazing Returns</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n1 Under-the-Radar Financial Stock That Has Delivered Amazing Returns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-07 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/07/1-under-the-radar-financial-stock-that-has-deliver/><strong>Matthew Frankel, CFP and Brian Feroldi</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>MarketAxess Holdings (NASDAQ:MKTX) isn't exactly a household name, but this is one financial services business that should be on investors' radar. In this Fool Live video clip, recorded on March 25, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/07/1-under-the-radar-financial-stock-that-has-deliver/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MKTX":"MarketAxess Holdings"},"source_url":"https://www.fool.com/investing/2021/04/07/1-under-the-radar-financial-stock-that-has-deliver/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125803742","content_text":"MarketAxess Holdings (NASDAQ:MKTX) isn't exactly a household name, but this is one financial services business that should be on investors' radar. In this Fool Live video clip, recorded on March 25, Fool.com contributor Brian Feroldi discusses why this is such an incredible business and why it still has lots of room to grow. Brian Feroldi: So, the company is called MarketAxess. The ticker symbol is MKTX. This is not a company that you are going to interact with in your daily life. In fact, it only has a few thousand customers globally, but this is really an incredible business. If you look at the company's stock performance since it came public in 2005, you're talking about a 27-bagger and counting. You're going to understand why in a little bit, but this is just been a phenomenally successful company, phenomenally successful.What do they do? This is the largest electronic fixed-income trading platform in the world. Everybody here buys and sells stocks online. It would be crazy for us to call up a broker or to call somebody else in your local community and say, \"Hi, I'm looking to buy some Mastercard shares, do you have any for me?\" Believe it or not, that's how the bond market works. Most bond market trading that happens, happens over email or by text message, or by simple communication where if you want to buy or sell a bond, most of it happens off-platform. It's been like this way for decades, for centuries. In the year 2000, there was a trader that was at J.P. Morgan. He saw this and said, \"This is crazy. If stock trading is going online, why shouldn't bond trading, fixed income trading go online?\" In a J.P. Morgan incubator, he founded MarketAxess and it basically takes all of the benefits of trading online and brings that to the bond market.There's a lot of advantages. Liquidity is higher, transparency is there, it's easier to track data aggregation. There are huge advantages to trading and buying and selling online versus the old fashioned way. This company launched in 2000 and overtime, it has steadily added on new products to its platform and it has just steadily attracted new customers. I think a big reason why is because they had the backing of a lot of big financial institutions in the beginning, especially J. P. Morgan. The company has consistently added new products, expanded geographically, added new customers, and it has become the largest electronic fixed income trading platform in the world.Their market position really benefits them because marketplaces have natural network effects. If you are interested in trading bonds online, which platform do you want to go to? The one with the most market participants. You're going to get the most selection and the most liquidity. The exact same thing, if you want to sell. MarketAxess has over 1,800 institutional level investors and dealers on its platform worldwide, and every year, it adds more customers to it. It convinces them, each of its customers, to devote more of their fixed-income trading to the platform and it launches new products and services.It started with the U.S. high-yield market, it added the European market, it added emerging market bonds to that, and it sees potentials to add CDs and leverage loans over time. Because of its position and because of the advantages the platform offers, this company's revenue has grown like clockwork. It's just been extremely consistent, dependable grower. What's even more interesting is this company's margins are basically Mastercard level. Its gross margin is 77% and its net margin, after all costs are taken out including taxes, is 43%. It keeps $0.43 on every dollar in sales. That is a ridiculously high number. This company is extremely scalable and extremely high-margin.Over time, while it's certainly the biggest player in the market, the company still sees big growth potential from where it is today. It has about 1,800 total market participants, and a lot of that is still concentrated in its core market. It's going to be expanding internationally. It basically says that about $67 billion in fixed income credit products are traded every day. On its platform, it's only doing about $9-$10 billion. This was as of September. It still seems huge room for it to grow and it points out every 1% market share that it gets, it gets an additional $33-$35 million in revenue.Because this is all fixed-cost business, all that additional revenue is basically turned into profit. This is an extremely compelling business. Now on the valuation side, the business is super high-quality, so it's also very expensive. The company trades at about 29 times sales and about 63 times earnings. The business is hyper-optimized for profits. That is a real P/E ratio. This is an expensive company. But if there is a business that deserves to be expensive, it's MarketAxess.","news_type":1},"isVote":1,"tweetType":1,"viewCount":215,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365148434,"gmtCreate":1614710501728,"gmtModify":1704774368700,"author":{"id":"3574933512044353","authorId":"3574933512044353","name":"Steth","avatar":"https://static.tigerbbs.com/dca80bbe42135915be8630c9af717a79","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574933512044353","authorIdStr":"3574933512044353"},"themes":[],"htmlText":"Hhmmm","listText":"Hhmmm","text":"Hhmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/365148434","repostId":"2116759466","repostType":4,"repost":{"id":"2116759466","pubTimestamp":1614694200,"share":"https://ttm.financial/m/news/2116759466?lang=&edition=fundamental","pubTime":"2021-03-02 22:10","market":"us","language":"en","title":"3 Reasons to Avoid GameStop Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2116759466","media":"Will Healy","summary":"Why high levels of interest may not lead to investor gains.","content":"<p><b>GameStop </b>(NYSE:GME) has become <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest investment surprises of early 2021. With the stock having climbed as much as 25-fold in January, it has drawn the attention of numerous investors. However, this interest has also brought unprecedented volatility and massive price swings. Given the company's business, its financials, and the speculative nature of the retail stock, investors should think twice about opening a position.</p>\n<p><b>1. GameStop's business</b></p>\n<p>GameStop built a nationwide footprint by becoming a place to buy the latest video game releases. It also made itself a hub where people could buy, sell, and trade games, consoles, and accessories, and find other merchandise. That model made it a successful company until game makers began to sell their games via online downloads. With that change, GameStop lost much of its reason for being, sending the company's fortune and its stock plunging.</p>\n<p>These struggles have also affected GameStop's top management. In February alone, the company appointed a new chief technology officer, and the chief financial officer announced that he would resign in March.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F615635%2Fgettyimages-157305426.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images</p>\n<p>Amid this turmoil, GameStop has moved much of its operations online and taken an omnichannel approach. The company closed over 800 stores between the beginning of 2019 and the first nine months of 2020, quite a change for a company with over 5,000 locations.&nbsp;It also expanded product and category extensions such as comics and other types of collectibles to increase the size of its addressable market. On the video gaming side of the business, this included a \"digital-first\" approach for game downloads. The company also increased fulfillment options to deliver the most comprehensive set of game options delivered in the fastest way possible.</p>\n<p>However, while these moves may help the company to survive, they also leave GameStop with a narrow competitive moat. Physical games and other items to sell or trade gave gamers a reason to visit stores. Now, game downloads leave little room for differentiation or trades. Also, it remains unclear whether customers will turn to GameStop for its new product categories.</p>\n<p><b>2. The company's financials</b></p>\n<p>Moreover, even with its new strategy, the company's financials still reflect the extent of GameStop's struggles. Yes, in the most recent earnings report, online sales rose by 257% year over year in the third quarter. E-commerce also experienced a 352% increase in November from year-ago levels. In the Q3 2020 earnings call, management attributed the gains to their shift in strategy, adding that COVID-19 lowered comparable sales by three to five percentage points.</p>\n<p>Nonetheless, in the first nine months of 2020, overall net sales fell by nearly 31% over the last 12 months to just under $3 billion. While the company's loss of $296 million improved from the $492 million loss in the first nine months of 2019, the 27% and 22% reductions in the cost of sales and sales, general, and administrative expenses respectively fell short of the sales reduction.</p>\n<p>In the first nine months of 2020, the company only suffered modest goodwill and asset impairments. Accounting rules require the adjustment of some existing assets to their fair value. While it can bring a tax write-off, it also reduces overall income. GameStop reported $5 million in impairments versus more than $375 million in the first nine months of 2019. This is how GameStop narrowed its losses.</p>\n<p>Still, with $74 million in negative free cash flow in the first nine months of the year, the GameStop turnaround remains a work in progress. The company compensated partially for falling sales by the aforementioned cuts in expenses. Spending on property and equipment purchases also fell by nearly half in the first nine months of the year from 2019 levels.</p>\n<p>Nonetheless, this shows that GameStop cannot cut its way to a comeback. Hence, net sales will probably have to turnaround before free cash flow turns positive.</p>\n<p><b>3. Understanding GameStop stock</b></p>\n<p>Another factor hurting long-term investors in GameStop pertains to trading momentum that has separated GameStop stock from these fundamentals. This began when a group of investors on Reddit's r/wallstreetbets site noticed large bets against GameStop stocks by hedge funds in anticipation of the company's failure. Seeing a potential opportunity, some investors began to buy.</p>\n<p>This led to a run-up in the stock to record levels. That surge took GameStop from about $19 per share at the beginning of the year to a peak of $483 per share by January 28. It then fell to a low of $40 per share by February 23. Recently, GameStop stock just exploded higher as another surge past $100 per share begins.</p>\n<p><img src=\"https://static.tigerbbs.com/c15bfa34813f26df43382dccc9674ccd\" tg-width=\"720\" tg-height=\"419\" referrerpolicy=\"no-referrer\"></p>\n<p>GME data by YCharts</p>\n<p>Unfortunately, this picture would likely change should speculators lose interest in GameStop. At that point, stockholders would own a declining retailer struggling to redefine itself through omnichannel sales. Investors tend to buy stocks because they expect higher returns, not merely because a company finds a way to survive. For this reason, an end to the speculation will probably not bode well for GameStop stock.</p>\n<p><b>Where GameStop goes from here</b></p>\n<p>GameStop remains a retailer in decline. Nonetheless, the encouraging growth rates in online sales offer hope for its survival. It has also benefited from speculative interest as average investors battle hedge funds.</p>\n<p>However, speculation rarely lasts for long periods. Hence, long-term GameStop investors need to make decisions based on fundamentals, which now point to possible survival rather than likely prosperity. Unless the company can find a way to move beyond treading water, any position in GameStop looks more like a bet than an investment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Reasons to Avoid GameStop Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Reasons to Avoid GameStop Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/02/3-reasons-to-avoid-gamestop-stock/><strong>Will Healy</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop (NYSE:GME) has become one of the biggest investment surprises of early 2021. With the stock having climbed as much as 25-fold in January, it has drawn the attention of numerous investors. ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/02/3-reasons-to-avoid-gamestop-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/0a172357fa24250bf20cdd643a850ac4","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://www.fool.com/investing/2021/03/02/3-reasons-to-avoid-gamestop-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2116759466","content_text":"GameStop (NYSE:GME) has become one of the biggest investment surprises of early 2021. With the stock having climbed as much as 25-fold in January, it has drawn the attention of numerous investors. However, this interest has also brought unprecedented volatility and massive price swings. Given the company's business, its financials, and the speculative nature of the retail stock, investors should think twice about opening a position.\n1. GameStop's business\nGameStop built a nationwide footprint by becoming a place to buy the latest video game releases. It also made itself a hub where people could buy, sell, and trade games, consoles, and accessories, and find other merchandise. That model made it a successful company until game makers began to sell their games via online downloads. With that change, GameStop lost much of its reason for being, sending the company's fortune and its stock plunging.\nThese struggles have also affected GameStop's top management. In February alone, the company appointed a new chief technology officer, and the chief financial officer announced that he would resign in March.\n\nImage source: Getty Images\nAmid this turmoil, GameStop has moved much of its operations online and taken an omnichannel approach. The company closed over 800 stores between the beginning of 2019 and the first nine months of 2020, quite a change for a company with over 5,000 locations. It also expanded product and category extensions such as comics and other types of collectibles to increase the size of its addressable market. On the video gaming side of the business, this included a \"digital-first\" approach for game downloads. The company also increased fulfillment options to deliver the most comprehensive set of game options delivered in the fastest way possible.\nHowever, while these moves may help the company to survive, they also leave GameStop with a narrow competitive moat. Physical games and other items to sell or trade gave gamers a reason to visit stores. Now, game downloads leave little room for differentiation or trades. Also, it remains unclear whether customers will turn to GameStop for its new product categories.\n2. The company's financials\nMoreover, even with its new strategy, the company's financials still reflect the extent of GameStop's struggles. Yes, in the most recent earnings report, online sales rose by 257% year over year in the third quarter. E-commerce also experienced a 352% increase in November from year-ago levels. In the Q3 2020 earnings call, management attributed the gains to their shift in strategy, adding that COVID-19 lowered comparable sales by three to five percentage points.\nNonetheless, in the first nine months of 2020, overall net sales fell by nearly 31% over the last 12 months to just under $3 billion. While the company's loss of $296 million improved from the $492 million loss in the first nine months of 2019, the 27% and 22% reductions in the cost of sales and sales, general, and administrative expenses respectively fell short of the sales reduction.\nIn the first nine months of 2020, the company only suffered modest goodwill and asset impairments. Accounting rules require the adjustment of some existing assets to their fair value. While it can bring a tax write-off, it also reduces overall income. GameStop reported $5 million in impairments versus more than $375 million in the first nine months of 2019. This is how GameStop narrowed its losses.\nStill, with $74 million in negative free cash flow in the first nine months of the year, the GameStop turnaround remains a work in progress. The company compensated partially for falling sales by the aforementioned cuts in expenses. Spending on property and equipment purchases also fell by nearly half in the first nine months of the year from 2019 levels.\nNonetheless, this shows that GameStop cannot cut its way to a comeback. Hence, net sales will probably have to turnaround before free cash flow turns positive.\n3. Understanding GameStop stock\nAnother factor hurting long-term investors in GameStop pertains to trading momentum that has separated GameStop stock from these fundamentals. This began when a group of investors on Reddit's r/wallstreetbets site noticed large bets against GameStop stocks by hedge funds in anticipation of the company's failure. Seeing a potential opportunity, some investors began to buy.\nThis led to a run-up in the stock to record levels. That surge took GameStop from about $19 per share at the beginning of the year to a peak of $483 per share by January 28. It then fell to a low of $40 per share by February 23. Recently, GameStop stock just exploded higher as another surge past $100 per share begins.\n\nGME data by YCharts\nUnfortunately, this picture would likely change should speculators lose interest in GameStop. At that point, stockholders would own a declining retailer struggling to redefine itself through omnichannel sales. Investors tend to buy stocks because they expect higher returns, not merely because a company finds a way to survive. For this reason, an end to the speculation will probably not bode well for GameStop stock.\nWhere GameStop goes from here\nGameStop remains a retailer in decline. Nonetheless, the encouraging growth rates in online sales offer hope for its survival. It has also benefited from speculative interest as average investors battle hedge funds.\nHowever, speculation rarely lasts for long periods. Hence, long-term GameStop investors need to make decisions based on fundamentals, which now point to possible survival rather than likely prosperity. Unless the company can find a way to move beyond treading water, any position in GameStop looks more like a bet than an investment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":109,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362899087,"gmtCreate":1614610913449,"gmtModify":1704773073638,"author":{"id":"3574933512044353","authorId":"3574933512044353","name":"Steth","avatar":"https://static.tigerbbs.com/dca80bbe42135915be8630c9af717a79","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574933512044353","authorIdStr":"3574933512044353"},"themes":[],"htmlText":"Yess","listText":"Yess","text":"Yess","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362899087","repostId":"1108903671","repostType":4,"repost":{"id":"1108903671","pubTimestamp":1614610882,"share":"https://ttm.financial/m/news/1108903671?lang=&edition=fundamental","pubTime":"2021-03-01 23:01","market":"us","language":"en","title":"Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation","url":"https://stock-news.laohu8.com/highlight/detail?id=1108903671","media":"Seekingalpha","summary":"Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even","content":"<p>Citigroup&nbsp;stock&nbsp;advances&nbsp;nearly 4%&nbsp;in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.</p><p>Wells Fargo analyst Mike Mayo considers Citi's parts areworth morethan its whole, according to a Barron's report on Saturday.</p><p>In his analysis of the bank's divisions, Citi could trade at 1.5x tangible book value, or $111 per share, \"reflecting significant hidden value and trapped capital,\" Mayo said.</p><p>By comparison, Citi closed at $65.88 on Friday.</p><p>Recapping on Citi's regulatory challenges, in 2012 and 2013, the Office of the Comptroller of the Currency and the Federal Reserve had hit the bank with a consent order for Bank Secrecy Act violations and weaknesses in anti-money-laundering compliance. Further regulatory actions led to another consent order and a $400M find for risk management-related deficiencies and compliance in 2020.</p><p>On top of that, a federal judge ruled that Revlon creditorsdidn't have to returnthe amounts they received when Citi accidentally wired $900M to them last summer.</p><p>On Friday, Citi revised its earnings downwardafter writing down down the Revlon loan.</p><p><img src=\"https://static.tigerbbs.com/2cf260b9ffe0438a66ea1f51b59759ef\" tg-width=\"1085\" tg-height=\"496\" referrerpolicy=\"no-referrer\"></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>Citi stock jumps nearly 4% as Wells Fargo makes case for higher valuation</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\">\nCiti stock jumps nearly 4% as Wells Fargo makes case for higher valuation\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.Wells Fargo analyst Mike Mayo considers ...</p>\n\n<a href=\"https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗"},"source_url":"https://seekingalpha.com/news/3667608-citi-stock-jumps-42-as-wells-fargo-makes-case-for-higher-valuation","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1108903671","content_text":"Citigroup stock advances nearly 4% in early trading as Jane Fraser takes over as the bank's CEO even as she faces challengesin gaining regulators' confidence.Wells Fargo analyst Mike Mayo considers Citi's parts areworth morethan its whole, according to a Barron's report on Saturday.In his analysis of the bank's divisions, Citi could trade at 1.5x tangible book value, or $111 per share, \"reflecting significant hidden value and trapped capital,\" Mayo said.By comparison, Citi closed at $65.88 on Friday.Recapping on Citi's regulatory challenges, in 2012 and 2013, the Office of the Comptroller of the Currency and the Federal Reserve had hit the bank with a consent order for Bank Secrecy Act violations and weaknesses in anti-money-laundering compliance. Further regulatory actions led to another consent order and a $400M find for risk management-related deficiencies and compliance in 2020.On top of that, a federal judge ruled that Revlon creditorsdidn't have to returnthe amounts they received when Citi accidentally wired $900M to them last summer.On Friday, Citi revised its earnings downwardafter writing down down the Revlon loan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":153,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":383699761,"gmtCreate":1612870590053,"gmtModify":1704875185121,"author":{"id":"3574933512044353","authorId":"3574933512044353","name":"Steth","avatar":"https://static.tigerbbs.com/dca80bbe42135915be8630c9af717a79","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574933512044353","authorIdStr":"3574933512044353"},"themes":[],"htmlText":":(","listText":":(","text":":(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/383699761","repostId":"2110050003","repostType":4,"repost":{"id":"2110050003","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":1612864080,"share":"https://ttm.financial/m/news/2110050003?lang=&edition=fundamental","pubTime":"2021-02-09 17:48","market":"us","language":"en","title":"Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes","url":"https://stock-news.laohu8.com/highlight/detail?id=2110050003","media":"Reuters","summary":"Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and B","content":"<p>Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.</p>\n<p>It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Singapore Airlines defers $4 billion of spending on Airbus, Boeing planes</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\">\nSingapore Airlines defers $4 billion of spending on Airbus, Boeing planes\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-09 17:48</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.</p>\n<p>It will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BA":"波音","C6L.SI":"新加坡航空公司"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110050003","content_text":"Singapore Airlines Ltd said on Tuesday it would defer over $4 billion of spending on Airbus SE and Boeing Co planes after reaching agreements with the aircraft manufacturers to delay deliveries.\nIt will convert 14 of its Boeing 787-10 orders to 11 additional 777-9s to meet its fleet needs beyond the financial year ending in March 2026, the airline said in a statement.","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389028513,"gmtCreate":1612627925632,"gmtModify":1704873282426,"author":{"id":"3574933512044353","authorId":"3574933512044353","name":"Steth","avatar":"https://static.tigerbbs.com/dca80bbe42135915be8630c9af717a79","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574933512044353","authorIdStr":"3574933512044353"},"themes":[],"htmlText":":)","listText":":)","text":":)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389028513","repostId":"1111423932","repostType":4,"repost":{"id":"1111423932","pubTimestamp":1612505460,"share":"https://ttm.financial/m/news/1111423932?lang=&edition=fundamental","pubTime":"2021-02-05 14:11","market":"hk","language":"en","title":"Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too","url":"https://stock-news.laohu8.com/highlight/detail?id=1111423932","media":"cnbc","summary":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort ","content":"<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.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>Watch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too</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\">\nWatch out, Alibaba. Chinese video apps are quickly becoming e-commerce players too\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-05 14:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through ...</p>\n\n<a href=\"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/995418fbbbc235e75883dec898dccaa8","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://www.cnbc.com/2021/02/05/china-video-apps-kuaishou-douyin-become-e-commerce-sites-like-alibaba.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1111423932","content_text":"KEY POINTS\n\nLivestreaming and short video apps became significant marketing channels in 2020.\nShort video and live streaming app Kuaishou said gross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion).\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV, according to a report Wednesday from Chinese tech news site LatePost.\n\nBEIJING — Chinese consumers are shopping more through livestreaming and video apps — a new trend that's grabbing a slice of the massive market traditionally dominated by e-commerce giantAlibaba.\nPopular livestreaming and short video apps became significant marketing channels in 2020, generating billions in merchant sales by connecting viewers to existing e-commerce sites, or their own.\nJust take the example of short video and livestreaming appKuaishou, which on Friday raised more than $5 billion in Hong Kong's biggest IPOsince the coronavirus pandemic, according to Wind Information.\nGross merchandise volume (GMV) for the 11 months through November grew nearly eight times from a year ago to 332.68 billion yuan ($51.44 billion), Kuaishou said in its prospectus. GMV is a metric commonly used in e-commerce to measure the total value of goods sold over a certain period of time.\nThe company primarily makes money by selling virtual gifts that users can buy for their favorite live streamers.Kuaishou shares surged nearly 200%at the open Friday.\nDouyin, the Chinese version of the TikTok video app that's owned by ByteDance, saw e-commerce transactions triple last year to 500 billion yuan in GMV,according to a report Wednesday from Chinese tech news site LatePost.\nHowever, most of the GMV went to third-party e-commerce sites likeJD.comand Alibaba's Taobao, the report said. Only about 100 billion yuan in Douyin's GMV came from the app's own e-commerce platforms, the report said.\nByteDance said in a statement to CNBC that LatePost's figures on GMV are not accurate and that third-party sales resulting from re-directed user traffic should not be counted as part of the GMV.\nTencent's Wechat messaging app, which counts more than 1 billion daily active users, has also become a platform for online shopping.\nIn January, WeChat said GMV for businesses running their own mini-programs in the app rose 255% last year to an undisclosed amount, while GMV for physical goods sold through those programs rose 154%.\n\"Along with various types of e-commerce players springing up in recent 2-3 years, including live streaming, social commerce, etc, customers' appetites on online shopping platforms are also diversifying,\" Morgan Stanley analysts said in a report last month. They predict Chinese consumer spending overallwill double in the next decade to $12.7 trillion.\nGrowing market for all e-commerce players\nThe reports on video apps' GMV show how quickly the streaming platforms are growing as a portal to online shopping, even if established players still dominate.\nFor example, Alibaba's video streaming sales siteTaobao Live generated over 400 billion yuan in GMVfor 2020, according to the latest earnings report. But the company's GMV for the Nov. 1 to 11 shopping holiday alone was 498 billion yuan.\n\"There is a lot of demand in China for e-commerce, so Alibaba,JD.com,they have the market because they are both online and offline,\" said Suresh Dalai, senior director at consulting firm Alvarez & Marsal, which focuses on retail operations in Asia.\n\"They provide a one-stop shop through their ecosystem,\" Dalai said. \"These retailers, they're not suffering even with these new e-commerce players coming out.\"\nOnline retail sales of physical goods in China rose 14.8% last year to a total of 9.759 trillion yuan, accounting for a quarter of all consumer goods sold in the country, the National Bureau of Statistics said.\nWhile the number of online shoppers climbed to 782 million by December, the country had more internet users watching videos, at 927 million, government agency China Internet Network Information Center (CNNIC)said in a report this week.\nIn particular,livestreaming e-commerce users surged by 123 millionbetween March and December, for a total of 388 million, the report said. About two-thirds of these users have made a purchase while watching a livestream, the report said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":110,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389028982,"gmtCreate":1612627813746,"gmtModify":1704873281779,"author":{"id":"3574933512044353","authorId":"3574933512044353","name":"Steth","avatar":"https://static.tigerbbs.com/dca80bbe42135915be8630c9af717a79","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574933512044353","authorIdStr":"3574933512044353"},"themes":[],"htmlText":"Hmmm","listText":"Hmmm","text":"Hmmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389028982","repostId":"1194218406","repostType":4,"repost":{"id":"1194218406","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":1612504946,"share":"https://ttm.financial/m/news/1194218406?lang=&edition=fundamental","pubTime":"2021-02-05 14:02","market":"hk","language":"en","title":"Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1194218406","media":"Reuters","summary":"HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on F","content":"<p>HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.</p>\n<p>The first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.</p>\n<p>Kuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.</p>\n<p>The float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.</p>\n<p>The Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.</p>\n<p>It was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.</p>\n<p>“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.</p>\n<p>TikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.</p>\n<p>Douyin and Kuaishou are rivals.</p>\n<p>Kuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.</p>\n<p>It had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.</p>\n<p>While access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.</p>\n<p>The company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.</p>\n<p>BUBBLE WORRIES</p>\n<p>Kuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.</p>\n<p>Shares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.</p>\n<p>JD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.</p>\n<p>The recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.</p>\n<p>($1 = 7.7523 Hong Kong dollars)</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO</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\">\nTencent-backed Kuaishou jumps three-fold in HK debut after $5.4 billion IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-05 14:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.</p>\n<p>The first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.</p>\n<p>Kuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.</p>\n<p>The float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.</p>\n<p>The Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.</p>\n<p>It was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.</p>\n<p>“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.</p>\n<p>TikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.</p>\n<p>Douyin and Kuaishou are rivals.</p>\n<p>Kuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.</p>\n<p>It had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.</p>\n<p>While access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.</p>\n<p>The company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.</p>\n<p>BUBBLE WORRIES</p>\n<p>Kuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.</p>\n<p>Shares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.</p>\n<p>JD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.</p>\n<p>The recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.</p>\n<p>($1 = 7.7523 Hong Kong dollars)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/16833f3700dcd938f0159a2bdc779348","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194218406","content_text":"HONG KONG (Reuters) - Kuaishou Technology surged three-fold in its Hong Kong stock market debut on Friday after a $5.4 billion IPO, as a global retail trading frenzy brought in massive demand from mom-and-pop investors for the Chinese online video service operator.\nThe first-day pop, while among the largest, is just one of many strong recent debuts in the Asian financial hub, which analysts say is an encouraging sign for others looking to tap into the market for funds but also underlines worries that an asset bubble may be emerging.\nKuaishou shares opened at HK$338 ($43.60) and rose to as much as HK$345 ($44.50), versus the initial public offering price of HK$115 apiece. At the day’s high, Kuaishou’s valuation stood at just over $180 billion - making it the fifth largest listed company in Hong Kong by market capitalisation.\nThe float is the biggest in Hong Kong since Budweiser’s Asia unit raised $5.75 billion in 2019. Retail investors bid for 1,204 times the amount of Kuaishou shares on offer for them in the IPO, mostly backed by borrowed money.\nThe Friday spike in Kuaishou shares was mainly driven by demand from customers in mainland China, who cannot invest in IPOs but can buy in the secondary market, and retail investors in Hong Kong who failed to get shares in Kuaishou’s IPO, said Louis Tse, managing director of brokerage Wealthy Securities.\nIt was also driven by pent-up retail demand following the last-minute suspension of Ant Group’s blockbuster $37 billion dual-listing in November, Tse added.\n“This bodes well for other Hong Kong IPOs, if the companies are well known on the mainland,” he said.\nTikTok-owner Bytedance has been considering listing its onshore Chinese short video app Douyin in Hong Kong, Reuters reported last year.\nDouyin and Kuaishou are rivals.\nKuaishou was the world’s No.2 short video platform in the first nine months last year, its IPO prospectus said.\nIt had an average of 275.9 million daily active users over the period, the prospectus adds, citing iResearch, as the pandemic forced people to spend more time online.\nWhile access to Kuaishou is free, the company makes money through selling virtual items which users gift to the creators of the videos, online marketing and commissions from e-commerce sales on the platform.\nThe company plans to use the proceeds of the IPO to grow its ecosystem, strengthen research and for selective acquisitions, it said in an exchange filing.\nBUBBLE WORRIES\nKuaishou’s sharp spike on debut, however, comes against the backdrop of growing fears about an asset bubble, with amateur investors boosting the price of assets ranging from cryptocurrencies to new market listings.\nShares in Smoore International gained 150% in July last year after it raised $1.1 billion at its IPO.\nJD Health International Inc gained 56% when it debuted in December after raising about $3.48 billion, and toy maker Pop Mart International Group closed nearly 80% higher on its first day.\nThe recent sharp rise and fall in U.S. videogame retailer GameStop and some other stocks have put investors on edge and prompted some brokerages to raise margin requirements or stop offering leverage for buying securities.\n($1 = 7.7523 Hong Kong dollars)","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":389021049,"gmtCreate":1612627570081,"gmtModify":1704873280325,"author":{"id":"3574933512044353","authorId":"3574933512044353","name":"Steth","avatar":"https://static.tigerbbs.com/dca80bbe42135915be8630c9af717a79","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574933512044353","authorIdStr":"3574933512044353"},"themes":[],"htmlText":"Will it increase&nbsp;","listText":"Will it increase&nbsp;","text":"Will it increase","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/389021049","repostId":"1132260998","repostType":4,"repost":{"id":"1132260998","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":1612519255,"share":"https://ttm.financial/m/news/1132260998?lang=&edition=fundamental","pubTime":"2021-02-05 18:00","market":"us","language":"en","title":"Performance of funds invested in GameStop in past two weeks","url":"https://stock-news.laohu8.com/highlight/detail?id=1132260998","media":"Reuters","summary":"(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top ga","content":"<p>(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.</p>\n<p>Crowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.</p>\n<p>The Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.</p>\n<p>The fund’s net assets rose 61% to $746.7 million in January, the data showed.</p>\n<p>Shares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.</p>\n<p>Graphic: Mutual fund gainers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/bdf861b5fe2dd34bcafbc688c67e9075\" tg-width=\"962\" tg-height=\"515\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.</p>\n<p>Graphic: Bottom performers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/ee25f46afa762db3e988a73a7147042d\" tg-width=\"940\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Performance of funds invested in GameStop in past two weeks</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\">\nPerformance of funds invested in GameStop in past two weeks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-02-05 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.</p>\n<p>Crowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.</p>\n<p>The Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.</p>\n<p>The fund’s net assets rose 61% to $746.7 million in January, the data showed.</p>\n<p>Shares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.</p>\n<p>Graphic: Mutual fund gainers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/bdf861b5fe2dd34bcafbc688c67e9075\" tg-width=\"962\" tg-height=\"515\" referrerpolicy=\"no-referrer\"></p>\n<p>Shares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.</p>\n<p>Graphic: Bottom performers in the past two weeks</p>\n<p><img src=\"https://static.tigerbbs.com/ee25f46afa762db3e988a73a7147042d\" tg-width=\"940\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/b72bab52a7d49e9d26088350ab4826c1","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1132260998","content_text":"(Reuters) - The Morgan Stanley Institutional Small Co. Inception Portfolio fund was among the top gainers among mutual funds over the past two weeks having exposure to videogame retailer GameStop, data from Refinitiv Lipper showed.\nCrowds of retail punters sent shares in GameStop up by more than 2000% last month, causing some Wall Street hedge funds to lose billions of dollars on their short bets on the stock.\nThe Morgan Stanley fund, which had 346,943 shares of GameStop as per the latest filing, gained 23% in the last two weeks, according to the data, which was based on the last two weeks’ price performance.\nThe fund’s net assets rose 61% to $746.7 million in January, the data showed.\nShares of iShares Micro-Cap ETF and Cambria Shareholder Yield ETF also gained about 7% each in the past two weeks.\nGraphic: Mutual fund gainers in the past two weeks\n\nShares of GameStop have fallen more than 83.5% in the first four days of this month as the retail frenzy faded.\nGraphic: Bottom performers in the past two weeks","news_type":1},"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}