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- Jeffrey27Jeffrey27
  ·2021-02-23
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  Facebook Stock Is Being Hurt by Apple. Concern Is Likely Overdone.
  Apple and Facebook may not appear like rivals at first glance. Apple’s vast hoard of cash comes from
  Facebook Stock Is Being Hurt by Apple. Concern Is Likely Overdone.
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- Jeffrey27Jeffrey27
  ·2021-02-23
  Good
  Why Sundial Growers Stock Dropped Monday
  The pot grower is planning to raise more capital. What happened Shares of Canadian marijuana company
  Why Sundial Growers Stock Dropped Monday
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Concern Is Likely Overdone.","url":"https://stock-news.laohu8.com/highlight/detail?id=1105556246","media":"Barrons","summary":"Apple and Facebook may not appear like rivals at first glance. Apple’s vast hoard of cash comes from","content":"<p>Apple&nbsp;and&nbsp;Facebook&nbsp;may not appear like rivals at first glance. Apple’s vast hoard of cash comes from its successful iPhones, and Facebook, after all, makes social- networking apps.</p>\n<p>But they are rivals, at leastaccordingto Facebook CEO Mark Zuckerberg, who noted that fact during the company’squarterly earningsconference call in January. He outlined concerns Facebook (ticker: FB) had over Apple’s (AAPL) control over the iOS software that powers its mobile devices.</p>\n<p>Beyond competing in messaging apps—Apple has iMessage, and Facebook makes WhatsApp and Messenger—Facebook also has taken issue with aforthcoming changeto iOS that will make it more difficult for Facebook to target ads. In theory, at least, that would make them less valuable.</p>\n<p>Called the identifier for advertisers, or IDFA, the tech lets app developers such as Facebook track people’s activity. People now must opt out if they don’t want their activity to be tracked. Apple plans to change that in the coming weeks, preventing tracking unless people opt in, and Facebookdoesn’t like it much.</p>\n<p>The changes to iOS were supposed to be implemented last year, but Apple put it off until 2021. Among other factors, the potential impact of IDFA has weighed on Facebook’s share price, which has fallen 2.3% in the past six months, compared with theS&amp;P 500index’s gain of 15%.</p>\n<p>Atlantic Equities analyst James Cordwell wrote in a client note Monday that investors have already factored the IDFA change into the share price, and there is still plenty of room to expand the company. Cordwell acknowledged that there would be near-term uncertainty for Facebook and some damage to revenue. In the longer run, however, Apple’s change to IDFA could strengthen Facebook’s business.</p>\n<p>“The likely degradation in targeting/measurement across the ‘open’ iOS/App Store ecosystem will increase the attractiveness of ‘closed’ content platforms for advertisers and app developers, with Facebook best positioned to capitalize on this given its investments in Shops and (to a lesser extent) Instant Games,” the analyst wrote.</p>\n<p>It’s possible too that advertisers may simply accept a lower return on ad dollars spent because it would be difficult for many big brands and direct-response advertisers to halt spending altogether, Cordwell wrote. Apple’s changes will continue to allow Facebook to collect and use data on its member behavior within the boundaries of the app, suggesting the company will still have useful profiles of its users that can be applied to ad targeting.</p>\n<p>Cordwell is bullish about Facebook for other reasons too. In the note, he wrote the company grew its active advertising base more than 25% in fiscal 2020, while he said its Shops function, which offers e-commerce capability, is likely to drive more revenue in the second half of this year. Instagram’s Reels feature, meanwhile, gives the company exposure to short-form video made popular by services such as Tik Tok, he said. And finally, he said, the company’s virtual- and augmented-reality efforts are often given limited credit, despite the success of the company’s Quest headsets.</p>\n<p>Cordwell rates Facebook stock Overweight, and has a target of $345 for the share price. Facebook shares have gained 34% in the past year, as the S&amp;P 500 index advanced 17%. Facebook closed the regular session Monday down 0.5% to $260.33.</p>","source":"lsy1601382232898","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>Facebook Stock Is Being Hurt by Apple. Concern Is Likely Overdone.</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\">\nFacebook Stock Is Being Hurt by Apple. Concern Is Likely Overdone.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 14:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/facebook-stock-is-being-hurt-by-apples-ad-changes-the-worry-is-likely-overdone-51614031643?mod=hp_LEADSUPP_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Apple and Facebook may not appear like rivals at first glance. Apple’s vast hoard of cash comes from its successful iPhones, and Facebook, after all, makes social- networking apps.\nBut they are rivals...</p>\n\n<a href=\"https://www.barrons.com/articles/facebook-stock-is-being-hurt-by-apples-ad-changes-the-worry-is-likely-overdone-51614031643?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.barrons.com/articles/facebook-stock-is-being-hurt-by-apples-ad-changes-the-worry-is-likely-overdone-51614031643?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105556246","content_text":"Apple and Facebook may not appear like rivals at first glance. Apple’s vast hoard of cash comes from its successful iPhones, and Facebook, after all, makes social- networking apps.\nBut they are rivals, at leastaccordingto Facebook CEO Mark Zuckerberg, who noted that fact during the company’squarterly earningsconference call in January. He outlined concerns Facebook (ticker: FB) had over Apple’s (AAPL) control over the iOS software that powers its mobile devices.\nBeyond competing in messaging apps—Apple has iMessage, and Facebook makes WhatsApp and Messenger—Facebook also has taken issue with aforthcoming changeto iOS that will make it more difficult for Facebook to target ads. In theory, at least, that would make them less valuable.\nCalled the identifier for advertisers, or IDFA, the tech lets app developers such as Facebook track people’s activity. People now must opt out if they don’t want their activity to be tracked. Apple plans to change that in the coming weeks, preventing tracking unless people opt in, and Facebookdoesn’t like it much.\nThe changes to iOS were supposed to be implemented last year, but Apple put it off until 2021. Among other factors, the potential impact of IDFA has weighed on Facebook’s share price, which has fallen 2.3% in the past six months, compared with theS&P 500index’s gain of 15%.\nAtlantic Equities analyst James Cordwell wrote in a client note Monday that investors have already factored the IDFA change into the share price, and there is still plenty of room to expand the company. Cordwell acknowledged that there would be near-term uncertainty for Facebook and some damage to revenue. In the longer run, however, Apple’s change to IDFA could strengthen Facebook’s business.\n“The likely degradation in targeting/measurement across the ‘open’ iOS/App Store ecosystem will increase the attractiveness of ‘closed’ content platforms for advertisers and app developers, with Facebook best positioned to capitalize on this given its investments in Shops and (to a lesser extent) Instant Games,” the analyst wrote.\nIt’s possible too that advertisers may simply accept a lower return on ad dollars spent because it would be difficult for many big brands and direct-response advertisers to halt spending altogether, Cordwell wrote. Apple’s changes will continue to allow Facebook to collect and use data on its member behavior within the boundaries of the app, suggesting the company will still have useful profiles of its users that can be applied to ad targeting.\nCordwell is bullish about Facebook for other reasons too. In the note, he wrote the company grew its active advertising base more than 25% in fiscal 2020, while he said its Shops function, which offers e-commerce capability, is likely to drive more revenue in the second half of this year. Instagram’s Reels feature, meanwhile, gives the company exposure to short-form video made popular by services such as Tik Tok, he said. And finally, he said, the company’s virtual- and augmented-reality efforts are often given limited credit, despite the success of the company’s Quest headsets.\nCordwell rates Facebook stock Overweight, and has a target of $345 for the share price. Facebook shares have gained 34% in the past year, as the S&P 500 index advanced 17%. Facebook closed the regular session Monday down 0.5% to $260.33.","news_type":1},"isVote":1,"tweetType":1,"viewCount":112,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":369551898,"gmtCreate":1614062758214,"gmtModify":1704887489648,"author":{"id":"3576474872412960","authorId":"3576474872412960","name":"Jeffrey27","avatar":"https://static.tigerbbs.com/655486ca881b7d8476d36e66895fc918","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576474872412960","authorIdStr":"3576474872412960"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/369551898","repostId":"1156451527","repostType":4,"repost":{"id":"1156451527","pubTimestamp":1614060942,"share":"https://ttm.financial/m/news/1156451527?lang=&edition=fundamental","pubTime":"2021-02-23 14:15","market":"us","language":"en","title":"Why Sundial Growers Stock Dropped Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=1156451527","media":"Motley Fool","summary":"The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company","content":"<p>The pot grower is planning to raise more capital.</p>\n<p><b>What happened</b></p>\n<p>Shares of Canadian marijuana company&nbsp;<b>Sundial Growers</b>(NASDAQ:SNDL)&nbsp;were down more than 7% at Monday's lows, and were 3.6% below Friday's closing price as of 2:15 p.m. EST.</p>\n<p>At that time, the stock was trading at $1.50 per share, right at the exercise price of new warrants the company just announced it was issuing.</p>\n<p><b>So what</b></p>\n<p>On Friday, Sundial announced that more than 98 million warrants to purchase common shares at prices of $0.80 and $1.10 per share were being exercised, and the company was issuing the same number of new warrants at the $1.50 exercise price.</p>\n<p>The exercised warrants brought gross proceeds of $89.1 million to the company. The newly issued warrants could bring it another $147.5 million.</p>\n<p><b>Now what</b></p>\n<p>The proceeds from the exercised warrants mark the third capital raise this month for Sundial. Shares are currently up more than 20% in February, but are still down 50% from the month's highs on Feb. 10.</p>\n<p>The company's net cannabis revenue dropped 36% sequentially in the third quarter, which ended Sept. 30. Its adjusted&nbsp;EBITDA&nbsp;loss increased by 13% in that same period.</p>\n<p>Some of the raised money is going toward a strategic investment Sundial announced last week. It took an 18.5% stake in Canadian edibles producer&nbsp;<b>Indiva</b>&nbsp;with 22 million in Canadian dollars. Using freshly raised capital to invest in the business could be good for shareholders, but the continued flurry of dilutive offerings could also be worrisome for the still-unprofitable company.</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>Why Sundial Growers Stock Dropped Monday</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\">\nWhy Sundial Growers Stock Dropped Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-23 14:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company Sundial Growers(NASDAQ:SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"source_url":"https://www.fool.com/investing/2021/02/22/why-sundial-growers-stock-dropped-monday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1156451527","content_text":"The pot grower is planning to raise more capital.\nWhat happened\nShares of Canadian marijuana company Sundial Growers(NASDAQ:SNDL) were down more than 7% at Monday's lows, and were 3.6% below Friday's closing price as of 2:15 p.m. EST.\nAt that time, the stock was trading at $1.50 per share, right at the exercise price of new warrants the company just announced it was issuing.\nSo what\nOn Friday, Sundial announced that more than 98 million warrants to purchase common shares at prices of $0.80 and $1.10 per share were being exercised, and the company was issuing the same number of new warrants at the $1.50 exercise price.\nThe exercised warrants brought gross proceeds of $89.1 million to the company. The newly issued warrants could bring it another $147.5 million.\nNow what\nThe proceeds from the exercised warrants mark the third capital raise this month for Sundial. Shares are currently up more than 20% in February, but are still down 50% from the month's highs on Feb. 10.\nThe company's net cannabis revenue dropped 36% sequentially in the third quarter, which ended Sept. 30. Its adjusted EBITDA loss increased by 13% in that same period.\nSome of the raised money is going toward a strategic investment Sundial announced last week. It took an 18.5% stake in Canadian edibles producer Indiva with 22 million in Canadian dollars. Using freshly raised capital to invest in the business could be good for shareholders, but the continued flurry of dilutive offerings could also be worrisome for the still-unprofitable company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}