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Nickcch

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- NickcchNickcch
  ·2022-11-09
  Musk & Zuckerberg buddy buddy. Musk should buy Meta. Then call "Mad lah!" lol
  Longtime Tesla Bull Says Elon Musk's Twitter Madness Needs to End With Investors Frustrated
  Tesla (NASDAQ:TSLA) moved slightly higher in early trading on Wednesday after investors digested a s
  Longtime Tesla Bull Says Elon Musk's Twitter Madness Needs to End With Investors Frustrated
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- NickcchNickcch
  ·2022-10-27
  In this case, maybe Amazon has hope as ecommerce is their weakest link. Cloud up from Google stats, so Amazon should be good too in this sector. Average should point to positive result. Just off the air my 2 cents worth guess w/o deep analysis yet. Good luck!
  Shopify Beats Quarterly Revenue Estimates
  Oct 27 (Reuters) - Shopify Inc beat Wall Street estimates for quarterly revenue on Thursday, as busi
  Shopify Beats Quarterly Revenue Estimates
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- NickcchNickcch
  ·2022-10-21
  I believe musk and all tesla investors will be darned happy if BA will to intervene and block the twitter deal. Do it. Gotcha! Lol
  Sorry, this post has been deleted
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- NickcchNickcch
  ·2022-10-20
  So, he will sell 5b shares and use tesla money to buy back 5-10b shares [Doubt]
  Elon Musk Pumps Tesla Stock With Ridiculous $4 Trillion Target. Is a Dump Coming Next?
  Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday.The chief executive of T
  Elon Musk Pumps Tesla Stock With Ridiculous $4 Trillion Target. Is a Dump Coming Next?
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- NickcchNickcch
  ·2021-06-23
  Like
  Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest
  Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth
  Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest
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- NickcchNickcch
  ·2021-06-23
  Nice
  Bitcoin bounces back after tumbling below US$30,000 threshold
  NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time si
  Bitcoin bounces back after tumbling below US$30,000 threshold
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&amp; Zuckerberg buddy buddy. Musk should buy Meta. Then call \"Mad lah!\" lol","listText":"Musk &amp; Zuckerberg buddy buddy. Musk should buy Meta. Then call \"Mad lah!\" lol","text":"Musk & Zuckerberg buddy buddy. Musk should buy Meta. Then call \"Mad lah!\" lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9987758011","repostId":"1154329054","repostType":2,"repost":{"id":"1154329054","pubTimestamp":1668000703,"share":"https://ttm.financial/m/news/1154329054?lang=&edition=fundamental","pubTime":"2022-11-09 21:31","market":"us","language":"en","title":"Longtime Tesla Bull Says Elon Musk's Twitter Madness Needs to End With Investors Frustrated","url":"https://stock-news.laohu8.com/highlight/detail?id=1154329054","media":"Seeking Alpha","summary":"Tesla (NASDAQ:TSLA) moved slightly higher in early trading on Wednesday after investors digested a s","content":"<html><head></head><body><p>Tesla (NASDAQ:TSLA) moved slightly higher in early trading on Wednesday after investors digested a series of SEC filings disclosing that CEO Elon Musk sold roughly $3.95B worth of stock over the last week to help fund the Twitter acquisition.</p><p>Wedbush Securities analyst Dan Ives warned Elon Musk loses more credibility with some investors and loyalists due to his multiple proclamations of being done selling TSLA shares - only for more sales to hit the wires.</p><p>&#34;Musk is the most important part of the Tesla story by a wide margin and every move he makes has a major impact on Tesla stock. That said, the Twitter circus show has been an absolute debacle from all angles since Musk bought the platform for all the world to see: from the 50% layoffs and then bringing back some workers, to the head scratching verification roll-out to users which many are pushing back on, to the constant tweeting in this political firestorm backdrop, and now.....selling more TSLA stock.&#34;</p><p>The long-time Tesla bull thinks Tesla (TSLA) investors are exacerbated by the never ending Twitter albatross.</p><p>Ives and team kept an Outperform rating on Tesla (TSLA) in place and they still have a long term bullish view of the EV stock, but the contention is that the Twitter madness needs to end now as investor frustration continues to build.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Longtime Tesla Bull Says Elon Musk's Twitter Madness Needs to End With Investors Frustrated</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nLongtime Tesla Bull Says Elon Musk's Twitter Madness Needs to End With Investors Frustrated\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-09 21:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3904389-longtime-tesla-bull-says-elon-musks-twitter-madness-needs-to-end-with-investors-frustrated><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla (NASDAQ:TSLA) moved slightly higher in early trading on Wednesday after investors digested a series of SEC filings disclosing that CEO Elon Musk sold roughly $3.95B worth of stock over the last ...</p>\n\n<a href=\"https://seekingalpha.com/news/3904389-longtime-tesla-bull-says-elon-musks-twitter-madness-needs-to-end-with-investors-frustrated\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉","TWTR":"Twitter"},"source_url":"https://seekingalpha.com/news/3904389-longtime-tesla-bull-says-elon-musks-twitter-madness-needs-to-end-with-investors-frustrated","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154329054","content_text":"Tesla (NASDAQ:TSLA) moved slightly higher in early trading on Wednesday after investors digested a series of SEC filings disclosing that CEO Elon Musk sold roughly $3.95B worth of stock over the last week to help fund the Twitter acquisition.Wedbush Securities analyst Dan Ives warned Elon Musk loses more credibility with some investors and loyalists due to his multiple proclamations of being done selling TSLA shares - only for more sales to hit the wires.\"Musk is the most important part of the Tesla story by a wide margin and every move he makes has a major impact on Tesla stock. That said, the Twitter circus show has been an absolute debacle from all angles since Musk bought the platform for all the world to see: from the 50% layoffs and then bringing back some workers, to the head scratching verification roll-out to users which many are pushing back on, to the constant tweeting in this political firestorm backdrop, and now.....selling more TSLA stock.\"The long-time Tesla bull thinks Tesla (TSLA) investors are exacerbated by the never ending Twitter albatross.Ives and team kept an Outperform rating on Tesla (TSLA) in place and they still have a long term bullish view of the EV stock, but the contention is that the Twitter madness needs to end now as investor frustration continues to build.","news_type":1},"isVote":1,"tweetType":1,"viewCount":363,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9986905589,"gmtCreate":1666870923841,"gmtModify":1676537820169,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://community-static.tradeup.com/news/336237369db18fc8c0ca7df674b15c2d","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"In this case, maybe Amazon has hope&nbsp;as ecommerce is their weakest link. Cloud up from Google stats, so Amazon should be good too in this sector. Average should point to positive result. Just off the air my 2 cents worth&nbsp;guess w/o deep analysis yet. Good luck!&nbsp;","listText":"In this case, maybe Amazon has hope&nbsp;as ecommerce is their weakest link. Cloud up from Google stats, so Amazon should be good too in this sector. Average should point to positive result. Just off the air my 2 cents worth&nbsp;guess w/o deep analysis yet. Good luck!&nbsp;","text":"In this case, maybe Amazon has hope as ecommerce is their weakest link. Cloud up from Google stats, so Amazon should be good too in this sector. Average should point to positive result. Just off the air my 2 cents worth guess w/o deep analysis yet. Good luck!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9986905589","repostId":"1175465699","repostType":2,"repost":{"id":"1175465699","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":1666869222,"share":"https://ttm.financial/m/news/1175465699?lang=&edition=fundamental","pubTime":"2022-10-27 19:13","market":"us","language":"en","title":"Shopify Beats Quarterly Revenue Estimates","url":"https://stock-news.laohu8.com/highlight/detail?id=1175465699","media":"Reuters","summary":"Oct 27 (Reuters) - Shopify Inc beat Wall Street estimates for quarterly revenue on Thursday, as busi","content":"<html><head></head><body><p>Oct 27 (Reuters) - Shopify Inc beat Wall Street estimates for quarterly revenue on Thursday, as businesses stuck to the Canadian online services provider&#39;s tools and payment options to scale up.</p><p>The company&#39;s U.S.-listed shares rose nearly 8% in trading before the bell. The stock has already lost more than three-quarters of its value so far this year.</p><p><img src=\"https://static.tigerbbs.com/f6a1d73c38a3d67b9524c0c7f4b75d1d\" tg-width=\"782\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Best known as the one-stop-shop platform for online businesses, Shopify is slowly moving into offline payments and adding more tools for businesses to connect with their shoppers online and build on the growth of influencers on social media.</p><p>The new tools, such as the offline payments devices, it provides retailers could help Shopify cope with a post-pandemic slowdown in e-commerce.</p><p>The company&#39;s gross merchandise volume (GMV) grew 11% to $46.2 billion in the third quarter.</p><p>For the fourth quarter, Shopify expects GMV growth to outperform the broader U.S. retail market.</p><p>The company&#39;s third-quarter revenue rose 22% to $1.4 billion. Analysts had expected $1.34 billion, according to Refinitiv IBES data.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Shopify Beats Quarterly Revenue Estimates</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\">\nShopify Beats Quarterly Revenue Estimates\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\">2022-10-27 19:13</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Oct 27 (Reuters) - Shopify Inc beat Wall Street estimates for quarterly revenue on Thursday, as businesses stuck to the Canadian online services provider&#39;s tools and payment options to scale up.</p><p>The company&#39;s U.S.-listed shares rose nearly 8% in trading before the bell. The stock has already lost more than three-quarters of its value so far this year.</p><p><img src=\"https://static.tigerbbs.com/f6a1d73c38a3d67b9524c0c7f4b75d1d\" tg-width=\"782\" tg-height=\"619\" referrerpolicy=\"no-referrer\"/></p><p>Best known as the one-stop-shop platform for online businesses, Shopify is slowly moving into offline payments and adding more tools for businesses to connect with their shoppers online and build on the growth of influencers on social media.</p><p>The new tools, such as the offline payments devices, it provides retailers could help Shopify cope with a post-pandemic slowdown in e-commerce.</p><p>The company&#39;s gross merchandise volume (GMV) grew 11% to $46.2 billion in the third quarter.</p><p>For the fourth quarter, Shopify expects GMV growth to outperform the broader U.S. retail market.</p><p>The company&#39;s third-quarter revenue rose 22% to $1.4 billion. Analysts had expected $1.34 billion, according to Refinitiv IBES data.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SHOP":"Shopify Inc"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175465699","content_text":"Oct 27 (Reuters) - Shopify Inc beat Wall Street estimates for quarterly revenue on Thursday, as businesses stuck to the Canadian online services provider's tools and payment options to scale up.The company's U.S.-listed shares rose nearly 8% in trading before the bell. The stock has already lost more than three-quarters of its value so far this year.Best known as the one-stop-shop platform for online businesses, Shopify is slowly moving into offline payments and adding more tools for businesses to connect with their shoppers online and build on the growth of influencers on social media.The new tools, such as the offline payments devices, it provides retailers could help Shopify cope with a post-pandemic slowdown in e-commerce.The company's gross merchandise volume (GMV) grew 11% to $46.2 billion in the third quarter.For the fourth quarter, Shopify expects GMV growth to outperform the broader U.S. retail market.The company's third-quarter revenue rose 22% to $1.4 billion. Analysts had expected $1.34 billion, according to Refinitiv IBES data.","news_type":1},"isVote":1,"tweetType":1,"viewCount":379,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983725497,"gmtCreate":1666324191019,"gmtModify":1676537741550,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://community-static.tradeup.com/news/336237369db18fc8c0ca7df674b15c2d","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"I believe&nbsp;musk and all tesla investors will be darned happy if BA will to intervene and block the twitter deal.&nbsp;Do it.&nbsp;Gotcha! Lol","listText":"I believe&nbsp;musk and all tesla investors will be darned happy if BA will to intervene and block the twitter deal.&nbsp;Do it.&nbsp;Gotcha! Lol","text":"I believe musk and all tesla investors will be darned happy if BA will to intervene and block the twitter deal. Do it. Gotcha! Lol","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9983725497","repostId":"2277442022","repostType":4,"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9983279321,"gmtCreate":1666262528063,"gmtModify":1676537732170,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://community-static.tradeup.com/news/336237369db18fc8c0ca7df674b15c2d","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"So, he will sell 5b shares and use tesla money to buy back 5-10b shares&nbsp;[Doubt]&nbsp;","listText":"So, he will sell 5b shares and use tesla money to buy back 5-10b shares&nbsp;[Doubt]&nbsp;","text":"So, he will sell 5b shares and use tesla money to buy back 5-10b shares [Doubt]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9983279321","repostId":"1155410995","repostType":2,"repost":{"id":"1155410995","pubTimestamp":1666276602,"share":"https://ttm.financial/m/news/1155410995?lang=&edition=fundamental","pubTime":"2022-10-20 22:36","market":"us","language":"en","title":"Elon Musk Pumps Tesla Stock With Ridiculous $4 Trillion Target. Is a Dump Coming Next?","url":"https://stock-news.laohu8.com/highlight/detail?id=1155410995","media":"MarketWatch","summary":"Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday.The chief executive of T","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/d877550887f311bbda3ac4c5d79de16c\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/>Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday.</p><p>The chief executive of Tesla Inc. told investors Wednesday that he believes the valuation of the electric-car maker will exceed the combined market capitalization of the two most valuable companies in the world: Apple Inc. and Saudi Arabian Oil Co.</p><p>“I am of the opinion that we can far exceed Apple’s current market cap,” Musk said. “In fact, I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined.”</p><p>Based on Wednesday’s closing prices, the combined market capitalization of those two companies is about $4.4 trillion U.S. dollars. But at least he added a caveat — “That doesn’t mean it will happen or that it will be easy, in fact it will be very difficult, require a lot of work, very creative new products, expansion and always good luck.”</p><p>This type of outrageous prediction is not new for Musk. He already predicted that Tesla would be worth as much as Apple, and its market cap now is roughly the same size as Apple’s was then, though his explanation for why Tesla would spike to that level was way off.</p><p>The situation Musk is in right now, though, is new. As the soap opera that has erupted from his deal to buy Twitter Inc. draws to a close, he is believed to need somewhere between $5 billion and $8 billion to finish off that deal, as our colleagues at Barron’s recently reported, and his only real avenue to that kind of cash is to sell Tesla stock.</p><p>Musk was precluded from selling shares before Tesla’s earnings report due to SEC rules, so what better way to try and pump Tesla’s stock before that blackout ended than to make some far-out predictions on the company’s earnings call?</p><p>A $4 trillion-plus price target wasn’t the only eye-opening claim Musk made in Wednesday’s call. He also told investors that he expected Tesla to perform the first stock buyback in its corporate history next year, and a large one at that: $5 billion to $10 billion.</p><p>“Even in a downside scenario next year, given next year is very difficult, we still have the ability to do a $5 [billion] to $10 billion buyback. This is obviously pending board review and approval,” he said. “So it’s likely that we will do some meaningful buyback.”</p><p>It is very odd to announce a share repurchase plan before it is approved and officially put in place by a board of directors, though sharing the news early is not automatically a violation of securities laws, said Stephen Diamond, an associate professor at Santa Clara University School of Law.</p><p>“Best practices would suggest waiting until you have your ducks in a row before making such an announcement, but I doubt it creates any obvious legal problems,” he said.</p><p>He added that the Tesla board is likely seeking approval from its auditors and legal counsel for the share repurchase, which would be why it isn’t approved yet.</p><p>“There is an accounting test under Delaware law that the company must meet in order to buy back shares,” Diamond said in an email. “Generally, it can only buy back shares if there is a ‘surplus’ available. To assess that would require support from their internal finance team to the board and likely as well outside opinions from their auditors and legal counsel.”</p><p>While early disclosure of buyback plans would not register alarms at the SEC office automatically, these types of pronouncements from Musk specifically will perk up some ears at the regulator’s offices. Musk has already faced recriminations from the agency for earlier statements, and been targeted for failing to live up to the settlement he agreed to in that case. Musk is also reportedly actively being investigated for his behavior as he moved to acquire Twitter, which Twitter seemed to confirm in a legal filing earlier this month.</p><p>On the call, Musk would only say that he is “excited about the Twitter situation,” while admitting that “myself and the other investors are obviously overpaying for it right now.”</p><p>Tesla officials did not respond to a request for comment or answer a question about whether Musk does need to sell more Tesla shares to complete the Twitter deal.</p><p>The question for Tesla investors, though, is whether they have overpaid for Tesla stock before another round of stock sales from Musk, who has already offloaded billions in shares in the past year, which reportedly resulted in yet another SEC inquiry. On Wednesday, though, shares fell more than 6% in after-hours trading despite the chief executive’s boosterism, which seemed to be overshadowed by a revenue miss and trimmed forecast.</p><p>Perhaps investors are finally seeing through Musk’s earnings-call bloviating that boosted the value of Tesla’s shares in the past. But if Musk sells Tesla shares in the coming days after trying to talk up the company’s value, it won’t be the investors who knock on his door, it might be the SEC yet again.</p></body></html>","source":"lsy1603348471595","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>Elon Musk Pumps Tesla Stock With Ridiculous $4 Trillion Target. Is a Dump Coming Next?</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\">\nElon Musk Pumps Tesla Stock With Ridiculous $4 Trillion Target. Is a Dump Coming Next?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-20 22:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/elon-musk-pumps-tesla-stock-with-ridiculous-4-trillion-target-is-a-dump-coming-next-11666231310><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday.The chief executive of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/elon-musk-pumps-tesla-stock-with-ridiculous-4-trillion-target-is-a-dump-coming-next-11666231310\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/elon-musk-pumps-tesla-stock-with-ridiculous-4-trillion-target-is-a-dump-coming-next-11666231310","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1155410995","content_text":"Another Tesla Inc. earnings call, and another fanciful Elon Musk prediction that likely encouraged yet another open file at the Securities and Exchange Commission on Wednesday.The chief executive of Tesla Inc. told investors Wednesday that he believes the valuation of the electric-car maker will exceed the combined market capitalization of the two most valuable companies in the world: Apple Inc. and Saudi Arabian Oil Co.“I am of the opinion that we can far exceed Apple’s current market cap,” Musk said. “In fact, I see a potential path for Tesla to be worth more than Apple and Saudi Aramco combined.”Based on Wednesday’s closing prices, the combined market capitalization of those two companies is about $4.4 trillion U.S. dollars. But at least he added a caveat — “That doesn’t mean it will happen or that it will be easy, in fact it will be very difficult, require a lot of work, very creative new products, expansion and always good luck.”This type of outrageous prediction is not new for Musk. He already predicted that Tesla would be worth as much as Apple, and its market cap now is roughly the same size as Apple’s was then, though his explanation for why Tesla would spike to that level was way off.The situation Musk is in right now, though, is new. As the soap opera that has erupted from his deal to buy Twitter Inc. draws to a close, he is believed to need somewhere between $5 billion and $8 billion to finish off that deal, as our colleagues at Barron’s recently reported, and his only real avenue to that kind of cash is to sell Tesla stock.Musk was precluded from selling shares before Tesla’s earnings report due to SEC rules, so what better way to try and pump Tesla’s stock before that blackout ended than to make some far-out predictions on the company’s earnings call?A $4 trillion-plus price target wasn’t the only eye-opening claim Musk made in Wednesday’s call. He also told investors that he expected Tesla to perform the first stock buyback in its corporate history next year, and a large one at that: $5 billion to $10 billion.“Even in a downside scenario next year, given next year is very difficult, we still have the ability to do a $5 [billion] to $10 billion buyback. This is obviously pending board review and approval,” he said. “So it’s likely that we will do some meaningful buyback.”It is very odd to announce a share repurchase plan before it is approved and officially put in place by a board of directors, though sharing the news early is not automatically a violation of securities laws, said Stephen Diamond, an associate professor at Santa Clara University School of Law.“Best practices would suggest waiting until you have your ducks in a row before making such an announcement, but I doubt it creates any obvious legal problems,” he said.He added that the Tesla board is likely seeking approval from its auditors and legal counsel for the share repurchase, which would be why it isn’t approved yet.“There is an accounting test under Delaware law that the company must meet in order to buy back shares,” Diamond said in an email. “Generally, it can only buy back shares if there is a ‘surplus’ available. To assess that would require support from their internal finance team to the board and likely as well outside opinions from their auditors and legal counsel.”While early disclosure of buyback plans would not register alarms at the SEC office automatically, these types of pronouncements from Musk specifically will perk up some ears at the regulator’s offices. Musk has already faced recriminations from the agency for earlier statements, and been targeted for failing to live up to the settlement he agreed to in that case. Musk is also reportedly actively being investigated for his behavior as he moved to acquire Twitter, which Twitter seemed to confirm in a legal filing earlier this month.On the call, Musk would only say that he is “excited about the Twitter situation,” while admitting that “myself and the other investors are obviously overpaying for it right now.”Tesla officials did not respond to a request for comment or answer a question about whether Musk does need to sell more Tesla shares to complete the Twitter deal.The question for Tesla investors, though, is whether they have overpaid for Tesla stock before another round of stock sales from Musk, who has already offloaded billions in shares in the past year, which reportedly resulted in yet another SEC inquiry. On Wednesday, though, shares fell more than 6% in after-hours trading despite the chief executive’s boosterism, which seemed to be overshadowed by a revenue miss and trimmed forecast.Perhaps investors are finally seeing through Musk’s earnings-call bloviating that boosted the value of Tesla’s shares in the past. But if Musk sells Tesla shares in the coming days after trying to talk up the company’s value, it won’t be the investors who knock on his door, it might be the SEC yet again.","news_type":1},"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123402168,"gmtCreate":1624432537754,"gmtModify":1703836518796,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://community-static.tradeup.com/news/336237369db18fc8c0ca7df674b15c2d","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123402168","repostId":"1164616268","repostType":4,"repost":{"id":"1164616268","pubTimestamp":1624431962,"share":"https://ttm.financial/m/news/1164616268?lang=&edition=fundamental","pubTime":"2021-06-23 15:06","market":"us","language":"en","title":"Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest","url":"https://stock-news.laohu8.com/highlight/detail?id=1164616268","media":"Benzinga","summary":"Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth ","content":"<p>Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, in<b>Alibaba Group Holding</b>(NYSE:BABA).</p>\n<p>Shares of Alibaba closed 0.46% lower at $211.06 on Monday.</p>\n<p>The New York-based investment firm deployed&nbsp;<b>Ark Autonomous Technology &amp; Robotics ETF</b>(BATS:ARKQ) and&nbsp;<b>Ark Space Exploration &amp; Innovation ETF</b>(BATS:ARKX) to buy the shares. Ark also holds shares of the Jack Ma-led company via&nbsp;<b>Ark Fintech Innovation ETF</b>(NYSE:ARKF).</p>\n<p>The investment firm also snapped up 95,137 shares in Alibaba rival&nbsp;<b>Pinduoduo Inc</b>(NASDAQ:PDD),&nbsp;estimated to be worth about $11.49 million.</p>\n<p>Pinduoduo shares closed 3.3% lower at $120.78 on Monday.</p>\n<p>Ark deployed ARKF to buy the shares of Pinduoduo. The investment firm also holds shares of the company via the&nbsp;<b>Ark Next Generation Internet ETF</b>(NYSE:ARKW).</p>\n<p>The Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.</p>\n<p>The New York-based investment firm sold 360,507 shares, estimated to be worth about $22.93 million in Snapchat parent&nbsp;<b>Snap Inc</b>(NYSE:SNAP) on the day shares of the social media company fell.</p>\n<p>Snap shares closed 0.7% lower at $63.60 on Monday.</p>\n<p>Wood’s firm sold the shares in Snap via ARKF and also holds shares of the social media company via ARKW.</p>\n<p>The popular investment firm&nbsp;sold 321,235 shares, estimated to be worth about $22.85 million, in the social media company&nbsp;<b>Pinterest Inc</b>(NYSE:PINS).</p>\n<p>Pinterest shares closed 4% lower at $71.14 on Monday. Ark sold the shares of the social media company via ARKF, no other ETF holds shares of the company.</p>\n<p>Some of the other key Ark sells on Monday include&nbsp;<b>NXP Semiconductors NV</b>(NASDAQ:NXPI) and buys include&nbsp;<b>Roblox Corp</b>(NYSE:RBLX)</p>","source":"lsy1606299360108","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>Cathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest</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\">\nCathie Wood Piles Up Shares In Alibaba, Rival Pinduoduo, Trims Snapchat, Pinterest\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 15:06 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/trading-ideas/long-ideas/21/06/21678335/cathie-wood-piles-up-shares-in-alibaba-rival-pinduoduo-trims-snapchat-pinterest><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, inAlibaba Group Holding(NYSE:BABA).\nShares of Alibaba closed 0.46% lower at $...</p>\n\n<a href=\"https://www.benzinga.com/trading-ideas/long-ideas/21/06/21678335/cathie-wood-piles-up-shares-in-alibaba-rival-pinduoduo-trims-snapchat-pinterest\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc.","PDD":"拼多多","RBLX":"Roblox Corporation","NXPI":"恩智浦","SNA":"施耐宝","BABA":"阿里巴巴"},"source_url":"https://www.benzinga.com/trading-ideas/long-ideas/21/06/21678335/cathie-wood-piles-up-shares-in-alibaba-rival-pinduoduo-trims-snapchat-pinterest","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164616268","content_text":"Cathie Wood-led Ark Investment Management on Monday snapped up 35,022 shares, estimated to be worth about $7.39 million, inAlibaba Group Holding(NYSE:BABA).\nShares of Alibaba closed 0.46% lower at $211.06 on Monday.\nThe New York-based investment firm deployed Ark Autonomous Technology & Robotics ETF(BATS:ARKQ) and Ark Space Exploration & Innovation ETF(BATS:ARKX) to buy the shares. Ark also holds shares of the Jack Ma-led company via Ark Fintech Innovation ETF(NYSE:ARKF).\nThe investment firm also snapped up 95,137 shares in Alibaba rival Pinduoduo Inc(NASDAQ:PDD), estimated to be worth about $11.49 million.\nPinduoduo shares closed 3.3% lower at $120.78 on Monday.\nArk deployed ARKF to buy the shares of Pinduoduo. The investment firm also holds shares of the company via the Ark Next Generation Internet ETF(NYSE:ARKW).\nThe Shanghai-based company is known to be China's largest agriculture-based platform and had last year launched Duo Duo Grocery, a next-day grocery pickup service. Farmers list their fruits and vegetables for direct sale to consumers.\nThe New York-based investment firm sold 360,507 shares, estimated to be worth about $22.93 million in Snapchat parent Snap Inc(NYSE:SNAP) on the day shares of the social media company fell.\nSnap shares closed 0.7% lower at $63.60 on Monday.\nWood’s firm sold the shares in Snap via ARKF and also holds shares of the social media company via ARKW.\nThe popular investment firm sold 321,235 shares, estimated to be worth about $22.85 million, in the social media company Pinterest Inc(NYSE:PINS).\nPinterest shares closed 4% lower at $71.14 on Monday. Ark sold the shares of the social media company via ARKF, no other ETF holds shares of the company.\nSome of the other key Ark sells on Monday include NXP Semiconductors NV(NASDAQ:NXPI) and buys include Roblox Corp(NYSE:RBLX)","news_type":1},"isVote":1,"tweetType":1,"viewCount":382,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123408353,"gmtCreate":1624432437972,"gmtModify":1703836516372,"author":{"id":"3576906739315034","authorId":"3576906739315034","name":"Nickcch","avatar":"https://community-static.tradeup.com/news/336237369db18fc8c0ca7df674b15c2d","crmLevel":7,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576906739315034","authorIdStr":"3576906739315034"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/123408353","repostId":"2145069164","repostType":4,"repost":{"id":"2145069164","pubTimestamp":1624417950,"share":"https://ttm.financial/m/news/2145069164?lang=&edition=fundamental","pubTime":"2021-06-23 11:12","market":"sg","language":"en","title":"Bitcoin bounces back after tumbling below US$30,000 threshold","url":"https://stock-news.laohu8.com/highlight/detail?id=2145069164","media":"The Straits Times","summary":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time si","content":"<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">Web Link</a>\n\n</div>\n","source":"straits_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>Bitcoin bounces back after tumbling below US$30,000 threshold</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\">\nBitcoin bounces back after tumbling below US$30,000 threshold\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 11:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold><strong>The Straits Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original ...</p>\n\n<a href=\"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust"},"source_url":"http://www.straitstimes.com/business/companies-markets/bitcoin-bounces-back-after-tumbling-below-us30000-threshold","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145069164","content_text":"NEW YORK (BLOOMBERG) - Bitcoin whipsawed investors by tumbling below US$30,000 for the first time since January and erasing gains for the year before recouping the day's losses.\nThe original cryptocurrency closed out the New York trading session on Tuesday (June 22) marginally higher at around US$32,900, after falling as much as 12 per cent.\nThe wild ride continued subsequently, since Bitcoin trades around the clock, with the digital token tracking slightly lower again. It has lost more than 50 per cent from its mid-April high of almost US$65,000.\nThe coin started 2021 trading around US$29,000 following a fourfold increase last year.\nSuch trading signals \"that Bitcoin traders could find themselves in choppy waters for weeks to come\", said Mr Sean Rooney, head of research at crypto asset manager Valkyrie Investments.\nChart-watchers said Bitcoin, which failed to retake US$40,000 last week, could have a tough time finding support in the US$20,000 range following its drop below US$30,000. Still, Bitcoin had prior to Tuesday breached US$30,000 during at least five separate instances this year but recuperated to trade above that level each time.\n\"Any meaningful break below US$30,000 is going to make a lot of momentum players to throw in the towel,\" said Mr Matt Maley, chief market strategist for Miller Tabak + Co. \"Therefore, even if Bitcoin is going to change the world over the long term, it does not mean it cannot fall back into the teens over the short term.\"\nIt is a remarkable comedown for the digital asset which just weeks ago was trekking higher amid a warmer embrace from Wall Street as well as retail investors. But negative press about its energy use, brought on largely by Tesla's Elon Musk, as well as a clampdown from China have pushed it lower in recent weeks.","news_type":1},"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}