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- ChochoChocho
  ·2021-05-13
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  Coinbase earnings: The crypto platform's stock could see 65% skid as competition picks up, says one analyst
  Shares of Coinbase were nearly 5% lower Wednesday afternoon.Crypto platform Coinbase Global $(COIN)$
  Coinbase earnings: The crypto platform's stock could see 65% skid as competition picks up, says one analyst
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- ChochoChocho
  ·2021-05-13
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- ChochoChocho
  ·2021-05-13
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  Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin
  Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the "Future of Everything" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in
  Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin
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- ChochoChocho
  ·2021-05-13
  Like and comment
  Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin
  Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the "Future of Everything" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in
  Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin
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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1620889920,"share":"https://ttm.financial/m/news/2135617928?lang=&edition=fundamental","pubTime":"2021-05-13 15:12","market":"us","language":"en","title":"Coinbase earnings: The crypto platform's stock could see 65% skid as competition picks up, says one analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2135617928","media":"Dow Jones","summary":"Shares of Coinbase were nearly 5% lower Wednesday afternoon.Crypto platform Coinbase Global $(COIN)$","content":"<blockquote>Shares of Coinbase were nearly 5% lower Wednesday afternoon.</blockquote><p>Crypto platform Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a> is set to issue highly anticipated quarterly results Thursday after the close of regular trading.</p><p>Although, there aren't expected to be a ton of surprises from the digital-asset company--it offered an early glimpse of its results --strategists are looking for more insights on how it manages fees and grows as competition increases in the nascent crypto space that seems in the midst of a boom.</p><p>\"While Coinbase has been able to rely on its first mover advantage and brand familiarity so far, margins will continue to compress from competition with both 'CeFi' brokerages like BlockFi and 'DeFi' alternatives like Uniswap,\" wrote Matthew Wheeler, global head of market research at Forex.com, referring to traditional centralized financial, or CeFi, and decentralized financial, DeFi, platforms.</p><p>Back in early April, Coinbase estimated that its first-quarter profit surged, exceeding its entire performance for 2020, on the back of rabid appetite for the No. 1 and 2 crypto in the world, bitcoin  and Ether .</p><p>\"Bulls are hopeful that these halcyon, high profit margin days can continue for a bit longer, so any signs that profit margins are already falling could lead to a selloff in the stock,\" Wheeler wrote.</p><p>Investors expect Coinbase to report earnings per share of $3.07 on revenue of $1.814 billion, according to a consensus of analysts estimates polled by FactSet, as of May 12.</p><p>Coinbase shares are down over 30% from its intraday peak of $429.54 on its debut on April 14. The company's stock is down by about 16% from its closing price on its first day of trading on the Nasdaq, bringing its market value to $57.3 billion.</p><p>Part of Coinbase's recent slump has been blamed on the threat of increased competition from the likes of traditional banks and other crypto exchanges offering similar services.</p><p>CNBC reported  has said that it intends to offer crypto services to its wealthy clients, and other firms appear ready to follow suit.</p><p>David Trainer, CEO of New Constructs, an investment research firm, speculated that Coinbase could see its shares fall by 65% from current levels due to new entrants.</p><p>\"Coinbase is not likely to fulfill the profit expectations baked into the stock's current valuation of $58 billion due to rising competition in the cryptocurrency trading space, which should reduce the company's market share and pricing power,\" the analysts wrote in a reported dated Tuesday.</p><p>MoffettNathanson analyst Lisa Ellis, who maintains a price target for Coinbase at $600, told MarketWatch that Coinbase bears will be looking for any signs that so-called price compression will eat into the exchange and trading platform's revenues.</p><p>\"It's extremely easy to be negative on Coinbase,\" she said. However, she said it was likely too early to think that competition would hurt the company's business soon.</p><p>She said lackluster user growth, however, could deliver a bigger hit to sentiment in the company's stock, at least in the near term.</p><p>Last month, Coinbase said it had 56 million verified users on its platform, including 6.1 \"monthly transacting users,\" or MTUs. Ellis said that the 6.1 million figure relates more to Coinbase's professional clientele but the MTUs could be damped by <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> and other venues also offering basic crypto-trading services to average folk.</p><p>Oppenheimer's Owen Lau initiated coverage of Coinbase on Tuesday at outperform, the equivalent of a buy recommendation, and set a price target at $434, based on his view that the company is an \"enabler of crypto innovation.\"</p><p>BTIG analysts Mark Palmer and Andrew Harte, reaffirmed their \"buy\" rating for Coinbase and held their price target at $500. The BTIG analysts say that Coinbase pessimists have been too narrowly focused on the \"company's retail trading commissions\" and not focused enough on the potential for Coinbase to serve institutional investors and hedge funds.</p><p>Indeed, back in February, Coinbase's institutional trading wing handled electric vehicle-maker Tesla's<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> $1.5 billion bitcoin investment, according to a report by The Block . The Block also noted that Coinbase has a number of corporate clients that use its platform for crypto purchases, a growing phenomenon as bitcoin prices strengthen.</p><p>However, bitcoin values have stalled after hitting a recent record at $64,829.14, with the No. 1 crypto down by about $10,000 since that peak.</p><p>Meanwhile, Ether prices were trading above $4,100 and had recently touched a record at $4,382.73, as the crypto known for its smart-contract protocols, gains more traction on the back of growing DeFi platforms and nonfungible tokens, or NFTs, which use Ethereum's blockchain as a platform.</p><p>Growing appetite for dogecoin  has reportedly fueled transaction volume in crypto brokerages but Coinbase doesn't offer doge on its platform.</p><p>Still, investors might looked to see how the company has performed in the face of increased volatility in alternatives to bitcoin, known also as altcoins.</p><p>Dogecoin prices have been unwinding steadily since hitting a peak on Saturday near 75 cents, but are still up over 9,500% so far in 2021. Dogecoin was trading hands, at last check, at 44 cents. Bitcoin prices are up 88% so far this year, but down 4% over the past 24 hours. Ether has gained 462% in the year to date.</p><p>By comparison, traditional assets are seeing far more muted returns this year. Gold prices  were down nearly 4% in 2021 thus far. The Dow Jones Industrial Average  was up 10.5%, the S&amp;P 500 index  was up 8.8% so far this year and the Nasdaq Composite Index  has gained 1.7% over the same period.</p><p>Shares of Coinbase were nearly 5% lower on Wednesday afternoon.</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>Coinbase earnings: The crypto platform's stock could see 65% skid as competition picks up, says one analyst</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\">\nCoinbase earnings: The crypto platform's stock could see 65% skid as competition picks up, says one analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-13 15:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>Shares of Coinbase were nearly 5% lower Wednesday afternoon.</blockquote><p>Crypto platform Coinbase Global <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a> is set to issue highly anticipated quarterly results Thursday after the close of regular trading.</p><p>Although, there aren't expected to be a ton of surprises from the digital-asset company--it offered an early glimpse of its results --strategists are looking for more insights on how it manages fees and grows as competition increases in the nascent crypto space that seems in the midst of a boom.</p><p>\"While Coinbase has been able to rely on its first mover advantage and brand familiarity so far, margins will continue to compress from competition with both 'CeFi' brokerages like BlockFi and 'DeFi' alternatives like Uniswap,\" wrote Matthew Wheeler, global head of market research at Forex.com, referring to traditional centralized financial, or CeFi, and decentralized financial, DeFi, platforms.</p><p>Back in early April, Coinbase estimated that its first-quarter profit surged, exceeding its entire performance for 2020, on the back of rabid appetite for the No. 1 and 2 crypto in the world, bitcoin  and Ether .</p><p>\"Bulls are hopeful that these halcyon, high profit margin days can continue for a bit longer, so any signs that profit margins are already falling could lead to a selloff in the stock,\" Wheeler wrote.</p><p>Investors expect Coinbase to report earnings per share of $3.07 on revenue of $1.814 billion, according to a consensus of analysts estimates polled by FactSet, as of May 12.</p><p>Coinbase shares are down over 30% from its intraday peak of $429.54 on its debut on April 14. The company's stock is down by about 16% from its closing price on its first day of trading on the Nasdaq, bringing its market value to $57.3 billion.</p><p>Part of Coinbase's recent slump has been blamed on the threat of increased competition from the likes of traditional banks and other crypto exchanges offering similar services.</p><p>CNBC reported  has said that it intends to offer crypto services to its wealthy clients, and other firms appear ready to follow suit.</p><p>David Trainer, CEO of New Constructs, an investment research firm, speculated that Coinbase could see its shares fall by 65% from current levels due to new entrants.</p><p>\"Coinbase is not likely to fulfill the profit expectations baked into the stock's current valuation of $58 billion due to rising competition in the cryptocurrency trading space, which should reduce the company's market share and pricing power,\" the analysts wrote in a reported dated Tuesday.</p><p>MoffettNathanson analyst Lisa Ellis, who maintains a price target for Coinbase at $600, told MarketWatch that Coinbase bears will be looking for any signs that so-called price compression will eat into the exchange and trading platform's revenues.</p><p>\"It's extremely easy to be negative on Coinbase,\" she said. However, she said it was likely too early to think that competition would hurt the company's business soon.</p><p>She said lackluster user growth, however, could deliver a bigger hit to sentiment in the company's stock, at least in the near term.</p><p>Last month, Coinbase said it had 56 million verified users on its platform, including 6.1 \"monthly transacting users,\" or MTUs. Ellis said that the 6.1 million figure relates more to Coinbase's professional clientele but the MTUs could be damped by <a href=\"https://laohu8.com/S/PYPL\">PayPal</a> and other venues also offering basic crypto-trading services to average folk.</p><p>Oppenheimer's Owen Lau initiated coverage of Coinbase on Tuesday at outperform, the equivalent of a buy recommendation, and set a price target at $434, based on his view that the company is an \"enabler of crypto innovation.\"</p><p>BTIG analysts Mark Palmer and Andrew Harte, reaffirmed their \"buy\" rating for Coinbase and held their price target at $500. The BTIG analysts say that Coinbase pessimists have been too narrowly focused on the \"company's retail trading commissions\" and not focused enough on the potential for Coinbase to serve institutional investors and hedge funds.</p><p>Indeed, back in February, Coinbase's institutional trading wing handled electric vehicle-maker Tesla's<a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> $1.5 billion bitcoin investment, according to a report by The Block . The Block also noted that Coinbase has a number of corporate clients that use its platform for crypto purchases, a growing phenomenon as bitcoin prices strengthen.</p><p>However, bitcoin values have stalled after hitting a recent record at $64,829.14, with the No. 1 crypto down by about $10,000 since that peak.</p><p>Meanwhile, Ether prices were trading above $4,100 and had recently touched a record at $4,382.73, as the crypto known for its smart-contract protocols, gains more traction on the back of growing DeFi platforms and nonfungible tokens, or NFTs, which use Ethereum's blockchain as a platform.</p><p>Growing appetite for dogecoin  has reportedly fueled transaction volume in crypto brokerages but Coinbase doesn't offer doge on its platform.</p><p>Still, investors might looked to see how the company has performed in the face of increased volatility in alternatives to bitcoin, known also as altcoins.</p><p>Dogecoin prices have been unwinding steadily since hitting a peak on Saturday near 75 cents, but are still up over 9,500% so far in 2021. Dogecoin was trading hands, at last check, at 44 cents. Bitcoin prices are up 88% so far this year, but down 4% over the past 24 hours. Ether has gained 462% in the year to date.</p><p>By comparison, traditional assets are seeing far more muted returns this year. Gold prices  were down nearly 4% in 2021 thus far. The Dow Jones Industrial Average  was up 10.5%, the S&amp;P 500 index  was up 8.8% so far this year and the Nasdaq Composite Index  has gained 1.7% over the same period.</p><p>Shares of Coinbase were nearly 5% lower on Wednesday afternoon.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","TSLA":"特斯拉","GS":"高盛","MS":"摩根士丹利"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135617928","content_text":"Shares of Coinbase were nearly 5% lower Wednesday afternoon.Crypto platform Coinbase Global $(COIN)$ is set to issue highly anticipated quarterly results Thursday after the close of regular trading.Although, there aren't expected to be a ton of surprises from the digital-asset company--it offered an early glimpse of its results --strategists are looking for more insights on how it manages fees and grows as competition increases in the nascent crypto space that seems in the midst of a boom.\"While Coinbase has been able to rely on its first mover advantage and brand familiarity so far, margins will continue to compress from competition with both 'CeFi' brokerages like BlockFi and 'DeFi' alternatives like Uniswap,\" wrote Matthew Wheeler, global head of market research at Forex.com, referring to traditional centralized financial, or CeFi, and decentralized financial, DeFi, platforms.Back in early April, Coinbase estimated that its first-quarter profit surged, exceeding its entire performance for 2020, on the back of rabid appetite for the No. 1 and 2 crypto in the world, bitcoin  and Ether .\"Bulls are hopeful that these halcyon, high profit margin days can continue for a bit longer, so any signs that profit margins are already falling could lead to a selloff in the stock,\" Wheeler wrote.Investors expect Coinbase to report earnings per share of $3.07 on revenue of $1.814 billion, according to a consensus of analysts estimates polled by FactSet, as of May 12.Coinbase shares are down over 30% from its intraday peak of $429.54 on its debut on April 14. The company's stock is down by about 16% from its closing price on its first day of trading on the Nasdaq, bringing its market value to $57.3 billion.Part of Coinbase's recent slump has been blamed on the threat of increased competition from the likes of traditional banks and other crypto exchanges offering similar services.CNBC reported  has said that it intends to offer crypto services to its wealthy clients, and other firms appear ready to follow suit.David Trainer, CEO of New Constructs, an investment research firm, speculated that Coinbase could see its shares fall by 65% from current levels due to new entrants.\"Coinbase is not likely to fulfill the profit expectations baked into the stock's current valuation of $58 billion due to rising competition in the cryptocurrency trading space, which should reduce the company's market share and pricing power,\" the analysts wrote in a reported dated Tuesday.MoffettNathanson analyst Lisa Ellis, who maintains a price target for Coinbase at $600, told MarketWatch that Coinbase bears will be looking for any signs that so-called price compression will eat into the exchange and trading platform's revenues.\"It's extremely easy to be negative on Coinbase,\" she said. However, she said it was likely too early to think that competition would hurt the company's business soon.She said lackluster user growth, however, could deliver a bigger hit to sentiment in the company's stock, at least in the near term.Last month, Coinbase said it had 56 million verified users on its platform, including 6.1 \"monthly transacting users,\" or MTUs. Ellis said that the 6.1 million figure relates more to Coinbase's professional clientele but the MTUs could be damped by PayPal and other venues also offering basic crypto-trading services to average folk.Oppenheimer's Owen Lau initiated coverage of Coinbase on Tuesday at outperform, the equivalent of a buy recommendation, and set a price target at $434, based on his view that the company is an \"enabler of crypto innovation.\"BTIG analysts Mark Palmer and Andrew Harte, reaffirmed their \"buy\" rating for Coinbase and held their price target at $500. The BTIG analysts say that Coinbase pessimists have been too narrowly focused on the \"company's retail trading commissions\" and not focused enough on the potential for Coinbase to serve institutional investors and hedge funds.Indeed, back in February, Coinbase's institutional trading wing handled electric vehicle-maker Tesla's$(TSLA)$ $1.5 billion bitcoin investment, according to a report by The Block . The Block also noted that Coinbase has a number of corporate clients that use its platform for crypto purchases, a growing phenomenon as bitcoin prices strengthen.However, bitcoin values have stalled after hitting a recent record at $64,829.14, with the No. 1 crypto down by about $10,000 since that peak.Meanwhile, Ether prices were trading above $4,100 and had recently touched a record at $4,382.73, as the crypto known for its smart-contract protocols, gains more traction on the back of growing DeFi platforms and nonfungible tokens, or NFTs, which use Ethereum's blockchain as a platform.Growing appetite for dogecoin  has reportedly fueled transaction volume in crypto brokerages but Coinbase doesn't offer doge on its platform.Still, investors might looked to see how the company has performed in the face of increased volatility in alternatives to bitcoin, known also as altcoins.Dogecoin prices have been unwinding steadily since hitting a peak on Saturday near 75 cents, but are still up over 9,500% so far in 2021. Dogecoin was trading hands, at last check, at 44 cents. Bitcoin prices are up 88% so far this year, but down 4% over the past 24 hours. Ether has gained 462% in the year to date.By comparison, traditional assets are seeing far more muted returns this year. Gold prices  were down nearly 4% in 2021 thus far. The Dow Jones Industrial Average  was up 10.5%, the S&P 500 index  was up 8.8% so far this year and the Nasdaq Composite Index  has gained 1.7% over the same period.Shares of Coinbase were nearly 5% lower on Wednesday afternoon.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191398338,"gmtCreate":1620842382524,"gmtModify":1704349240572,"author":{"id":"3583909965592085","authorId":"3583909965592085","name":"Chocho","avatar":"https://static.tigerbbs.com/0f0b2f05f82fba49e98f95f91f8de341","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583909965592085","authorIdStr":"3583909965592085"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191398338","repostId":"1165517668","repostType":4,"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191391985,"gmtCreate":1620842199447,"gmtModify":1704349239434,"author":{"id":"3583909965592085","authorId":"3583909965592085","name":"Chocho","avatar":"https://static.tigerbbs.com/0f0b2f05f82fba49e98f95f91f8de341","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583909965592085","authorIdStr":"3583909965592085"},"themes":[],"htmlText":"Like and comment please","listText":"Like and comment please","text":"Like and comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191391985","repostId":"1186510575","repostType":4,"repost":{"id":"1186510575","kind":"news","pubTimestamp":1620834242,"share":"https://ttm.financial/m/news/1186510575?lang=&edition=fundamental","pubTime":"2021-05-12 23:44","market":"us","language":"en","title":"Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1186510575","media":"zerohedge","summary":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in","content":"<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.</p>\n<p><img src=\"https://static.tigerbbs.com/63594f1f7c8dd7f4857fc989fa947180\" tg-width=\"1074\" tg-height=\"633\"></p>\n<p>Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.</p>\n<p>Pershing started building its position in Dominoes at $330/share.</p>\n<p><img src=\"https://static.tigerbbs.com/b895ad36f893b0976b1cfac9c18d101a\" tg-width=\"500\" tg-height=\"333\"></p>\n<p>As CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.</p>\n<p><img src=\"https://static.tigerbbs.com/f32345dd4b763e29d83b9e01f1574ebe\" tg-width=\"526\" tg-height=\"358\"></p>\n<p>Ackman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -&nbsp; since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.</p>\n<p>Whatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.</p>\n<p>Asked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.</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>Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin</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\">\nBill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-...</p>\n\n<a href=\"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186510575","content_text":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.\n\nSpeaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.\nPershing started building its position in Dominoes at $330/share.\n\nAs CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.\n\nAckman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -  since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.\nWhatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.\nAsked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":137,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191393658,"gmtCreate":1620842081674,"gmtModify":1704349238626,"author":{"id":"3583909965592085","authorId":"3583909965592085","name":"Chocho","avatar":"https://static.tigerbbs.com/0f0b2f05f82fba49e98f95f91f8de341","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3583909965592085","authorIdStr":"3583909965592085"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/191393658","repostId":"1186510575","repostType":4,"repost":{"id":"1186510575","kind":"news","pubTimestamp":1620834242,"share":"https://ttm.financial/m/news/1186510575?lang=&edition=fundamental","pubTime":"2021-05-12 23:44","market":"us","language":"en","title":"Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=1186510575","media":"zerohedge","summary":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in","content":"<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.</p>\n<p><img src=\"https://static.tigerbbs.com/63594f1f7c8dd7f4857fc989fa947180\" tg-width=\"1074\" tg-height=\"633\"></p>\n<p>Speaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.</p>\n<p>Pershing started building its position in Dominoes at $330/share.</p>\n<p><img src=\"https://static.tigerbbs.com/b895ad36f893b0976b1cfac9c18d101a\" tg-width=\"500\" tg-height=\"333\"></p>\n<p>As CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.</p>\n<p><img src=\"https://static.tigerbbs.com/f32345dd4b763e29d83b9e01f1574ebe\" tg-width=\"526\" tg-height=\"358\"></p>\n<p>Ackman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -&nbsp; since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.</p>\n<p>Whatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.</p>\n<p>Asked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.</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>Bill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin</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\">\nBill Ackman Unveils 6% Stake In Dominos, Says He Won't Invest In Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 23:44 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-...</p>\n\n<a href=\"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.zerohedge.com/markets/dominos-jumps-bill-ackman-unveils-6-stake-offers-update-spac-deal-hunt","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186510575","content_text":"Shares of Domino's Pizza surged nearly 4% Wednesday morning after celebrity investor Bill Ackman announced that his investment firm, Pershing Square Capital, had purchased a 6% stake in the pizza-delivery pioneer.\n\nSpeaking at the \"Future of Everything\" conference organized by WSJ, Ackman added that he has long been an admirer of the firm and has eyed buying its stock, but that he only just recently found what he believed to be a compelling entry point to invest. Pershing sold some of its stake in Starbucks - which, along with Pershings bets on Chipotle, marked one of Ackman's biggest turnaround successes - to finance its investment in Dominos.\nPershing started building its position in Dominoes at $330/share.\n\nAs CNBC's Kate Rogers pointed out, Dominos rival Papa Johns also saw some news on the activist front Wednesday.\n\nAckman also revealed that he has been working on a single potential acquisition deal for the Pershing Square Tontine - Ackman's SPAC -  since November of last year. \"We're deeply engaged\" with an \"iconic, phenomenal great business,\" Ackman said. But it's an \"extremely complex\" deal, and \"I'm either going to get a transaction done\" in the short term or move on to the next target.\nWhatever happens, \"It was worth devoting six months,\" Ackman added, though he wouldn't name the building.\nAsked about bitcoin, Ackman bucked the trend of hedge fund icons buying into the crypto craze by responding that bitcoin isn't a place he would invest. His rejection of crypto comes on the heels of his industry archrival Dan Loeb's embrace of crypto via his firm,Third Point, which now holds cryptocurrency from five of its funds.","news_type":1},"isVote":1,"tweetType":1,"viewCount":71,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":true}