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- alskalsk
  ·2021-06-28
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  Wall Street analysts predict these stocks will be top outperformers in the second half
  The second half of 2021 is nearing and there’s a plethora of stocks set to rally, Wall Street analysts said this week.The recovery and reopening presents a rare buying opportunity for investors, the analysts wrote.CNBC Pro combed through the most recent Wall Street research to find some of the best positioned stocks as the second half approaches.It’s going to be a blockbuster fall in more ways than one for the China-based video game company, according to Morgan Stanley.“History hints at outperfo
  Wall Street analysts predict these stocks will be top outperformers in the second half
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- alskalsk
  ·2021-06-24
  interesting
  These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today
  TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some o
  These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today
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- alskalsk
  ·2021-06-24
  interesting read
  BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup
  BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition co
  BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup
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10:36","market":"us","language":"en","title":"Wall Street analysts predict these stocks will be top outperformers in the second half","url":"https://stock-news.laohu8.com/highlight/detail?id=1140044383","media":"CNBC","summary":"The second half of 2021 is nearing and there’s a plethora of stocks set to rally, Wall Street analysts said this week.The recovery and reopening presents a rare buying opportunity for investors, the analysts wrote.CNBC Pro combed through the most recent Wall Street research to find some of the best positioned stocks as the second half approaches.It’s going to be a blockbuster fall in more ways than one for the China-based video game company, according to Morgan Stanley.“History hints at outperfo","content":"<div>\n<p>The second half of 2021 is nearing and there’s a plethora of stocks set to rally, Wall Street analysts said this week.\nThe recovery and reopening presents a rare buying opportunity for investors, the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/26/wall-street-analysts-say-buy-top-second-half-stocks-uber-sunrun.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street analysts predict these stocks will be top outperformers in the second half</title>\n<style 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}\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\">\nWall Street analysts predict these stocks will be top outperformers in the second half\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 10:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/26/wall-street-analysts-say-buy-top-second-half-stocks-uber-sunrun.html><strong>CNBC</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The second half of 2021 is nearing and there’s a plethora of stocks set to rally, Wall Street analysts said this week.\nThe recovery and reopening presents a rare buying opportunity for investors, the ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/26/wall-street-analysts-say-buy-top-second-half-stocks-uber-sunrun.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"OMF":"OneMain Holdings, Inc","AMWD":"美国伍德马克","UBER":"优步","RUN":"Sunrun Inc.","NTES":"网易","NOVA":"Sunnova Energy International Inc."},"source_url":"https://www.cnbc.com/2021/06/26/wall-street-analysts-say-buy-top-second-half-stocks-uber-sunrun.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1140044383","content_text":"The second half of 2021 is nearing and there’s a plethora of stocks set to rally, Wall Street analysts said this week.\nThe recovery and reopening presents a rare buying opportunity for investors, the analysts wrote.\nCNBC Pro combed through the most recent Wall Street research to find some of the best positioned stocks as the second half approaches.\nThey include:Uber,NetEase,OneMain,American Woodmark,Sunrun and Sunnova.\nNetEase\nIt’s going to be a blockbuster fall in more ways than one for the China-based video game company, according to Morgan Stanley.\n“History hints at outperformance in the next 6 months,” analyst Alex Poon wrote recently.\nNetEase has several big titles coming out later this year that Poon believes are a good omen for the stock.\n“The past game launch cycles have all driven strong stock price performance...,” he wrote.\nThe firm said shares of NetEase had reacted positively after the release of games like Knives Out and New Ghost in prior years.\n“NetEase’s game launches/revenue growth have strongly correlated with stock price since 2015, suggesting potential outperformance in the next 6 months, driven by Harry Potter and Diablo Immortal,” Poon said.\nHarry Potter is due in the third quarter of this year while Diablo is due in the fourth quarter.\nIn addition, the stock’s valuation is quite “attractive” and investors should buy it now, the firm said.\nShares are up 11.5% this year.\nOneMain\n“A series of tailwinds is developing,” for the financial services company, Piper Sandler said in a note this week.\nThe firm raised its price target to a Street high of $73 per share from $63 and said OneMain was its top pick for the rest of the year, analyst Kevin Barker wrote.\n“In our view, OMF is the best positioned stock within our coverage over the next 6-12 months,” he said.\nBarker said shares of OneMain have had a bit of an overhang due to a large selling shareholder, but that the stock was getting a bad rap.\n“We believe the stock has the potential to experience a material re-rating once the overhang is lifted, especially if we see new directors on the board and a shift in capital allocation policies,” he said.\nIn addition, Barker said a resumption of buybacks could “enhance” shareholder returns.\n“We believe a buyback policy could lead to greater EPS growth and the potential for a much higher P/E multiple on the stock,” Barker noted.\nThe firm went on to say that there’s a “meaningful strategic shift” happening at OneMain and that patient investors will be rewarded.\nShares are up 27.5% this year.\nAmerican Woodmark\nThe kitchen cabinet manufacturer was upgraded to buy from hold by investment firm Loop Capital this week.\nThe firm said sales growth remains strong and recent survey checks indicate a prime buying opportunity, analyst Garik Shmois said.\n“Despite concerns about tough comps and the recent pause in new residential construction, our survey gives us confidence that sentiment has gotten too negative & that sales should outpace expectations while commodity cost inflation appears to have peaked,” he wrote.\nIn fact, the firm said dealer traffic is as strong as it’s ever been.\n“The shares have acted poorly of late, but from a stock picking perspective, we think there’s value here,” he added.\nShmois acknowledged his call was out of consensus as most investors have been cautious around housing stocks.\nBut Shmois said the stock is just too attractive now given the pullback in shares.\nThe firm also said that price increases appear to be sticking while hardwood costs have started to “roll over which should alleviate cost pressures” along with greater demand for residential construction.\n“We have greater confidence for AMWD that margins should begin to recover in the second half of their FY22 which should drive the stock higher from currently depressed levels,” he said.\nShares of American Woodmark are down 5.3% this month.\nSunrun and Sunnova- JPMorgan, Overweight ratings\n“Our top picks for 2H21 are residential installers Sunrun and Sunnova. Both companies have above-average inventory levels owing to 2019 safe-harbor activity and early-21 pre-buying, which we believe positions each company to meet 2H21 demand regardless of supply-chain or geopolitical disruption. While supply chain disruption lasting into 2022 or a sudden spike in interest rates present risks, we believe RUN and NOVA are relatively best positioned within our coverage near term.”\nNetEase- Morgan Stanley, Overweight rating\n“History hints at outperformance in the next 6 months. NetEase’s game launches/revenue growth have strongly correlated with stock price since 2015, suggesting potential outperformance in the next 6 months, driven by Harry Potter (3Q) and Diablo Immortal (4Q). Valuation looks attractive at 21x 2022 P/E (games 17-18x) vs. global peers 18-31x. The past game launch cycles have all driven strong stock price performance.”\nOneMain- Piper Sandler, Overweight rating\n“Top pick for remainder of year. Series of tailwinds developing. ... .In our view, OMF is the best positioned stock within our coverage over the next 6-12 months. The stock has underperformed the peer group due to the overhang of a large selling shareholder. We believe stock has the potential to experience a material re-rating once the overhang is lifted, especially if we see new directors on the board & a shift in capital allocation policies. In addition to these catalysts, we believe there is a meaningful strategic shift occurring within OMF that will fundamentally change the company’s growth trajectory over the next 3-5 years.”\nUber- Bank of America, Buy rating\n“A top catalyst stock in 2H. We see several important potential catalysts for Uber including potential IPOs in the sector that could change comps or asset values, competitive launches, end of US unemployment stimulus, or Federal/State legislation on driver employment. ... .A driver shortage in the US has led to less rides & courier availability. Enhanced unemployment benefits run out in September, which could act as a catalyst to improve supply & drive bookings.”\nAmerican Woodmark- Loop Capital, Buy rating\n“We’re upgrading FBHS & AMWD to BUYs after our cabinets survey showed sales growth remains robust into 2QCY21 & dealer traffic levels, which we view as a leading indicator, are as strong as we’ve seen in this survey. Despite concerns about tough comps & the recent pause in new residential construction, our survey gives us confidence that sentiment has gotten too negative & that sales should outpace expectations while commodity cost inflation appears to have peaked. ... .We view AMWD as Value Play. The shares have acted poorly of late, but from a stock picking perspective, we think there’s value here. ... .We have greater confidence for AMWD that margins should begin to recover in the second half of their FY22 which should drive the stock higher from currently depressed levels.","news_type":1},"isVote":1,"tweetType":1,"viewCount":315,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128858151,"gmtCreate":1624511174773,"gmtModify":1703838877518,"author":{"id":"3586346180753382","authorId":"3586346180753382","name":"alsk","avatar":"https://static.tigerbbs.com/2935bd6d9bedc1b7a4e3ac5db72afb95","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586346180753382","authorIdStr":"3586346180753382"},"themes":[],"htmlText":"interesting&nbsp;","listText":"interesting&nbsp;","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/128858151","repostId":"1174118119","repostType":4,"repost":{"id":"1174118119","pubTimestamp":1624502703,"share":"https://ttm.financial/m/news/1174118119?lang=&edition=fundamental","pubTime":"2021-06-24 10:45","market":"us","language":"en","title":"These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today","url":"https://stock-news.laohu8.com/highlight/detail?id=1174118119","media":"Motley Fool","summary":"TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some o","content":"<p>The<b>Nasdaq Composite</b>(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday afternoon,the Nasdaqwas up another quarter-percent.</p>\n<p>Many major companies have helped lift the Nasdaq higher in recent months. Yet on Wednesday, it was a couple of largely unknown companies that vaulted into the spotlight. Below, we'll look more closely at why&nbsp;<b>Loop Industries</b>(NASDAQ:LOOP)&nbsp;and&nbsp;<b>Ideanomics</b>(NASDAQ:IDEX)deserve a little more attention from investors.</p>\n<p>Loop sustains gains</p>\n<p>Shares of Loop Industries moved higher by nearly 20%Wednesday afternoon. The maker of specialized materials from waste plastic and polyester fiber made a key announcement that lifted its stock to its highest levels in three years.</p>\n<p>South Korean industrial giant SK Global Chemical agreed to make a $56.5 million investment in Loop, taking a 10% equity stake in the company that values the stock at $12 per share. Loop intends to use the proceeds toward building out a facility in Quebec.</p>\n<p>At the same time, though, SK and Loop have much larger plans for their joint venture. The companies intend to prepare facility construction in South Korea during the first half of 2022, with the hope of completing four facilities by the end of the decade. All told, Loop hopes to put 400,000 tons of waste plastic and fiber to productive use, saving more than 632,000 metric tons of carbon dioxide emissions annually.</p>\n<p>The deal acts as a vote of confidence in Loop's business model, which took a hit after short-selling research reports called it into question. When real investors put real money to work, it acts as validation for early shareholders who saw the value of Loop's vision.</p>\n<p>A good idea from Ideanomics</p>\n<p>Meanwhile, shares of Ideanomics were up more than 12% Wednesday afternoon. The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in the company in particular.</p>\n<p>Ideanomics isn't well-known on Wall Street, but it's attracted a sizable following among individual investors. For many shareholders, Ideanomics' most important business is its mobility segment, which has sought to help commercial bus and truck fleets figure out a better approach toward electrification more broadly. With an approach that includes planning, vehicles, infrastructure, and operational assistance, Ideanomics has aimed to be a one-stop shop for those looking to keep up with changing trends in the EV space.</p>\n<p>However, Ideanomics also has other ambitions. It's aiming to make new financial technology more accessible to companies looking to keep up with the pace of innovation, with specialization in multiple areas such as real estate, commodities, and broker-dealer transactions.</p>\n<p>Ideanomics' recent acquisition of EV tractor company Solectrac gave it a bigger presence in the U.S. market, and that's raised awareness among many investors. The stock remains well below its best levels in recent months, but many are hopeful that the trend that's supporting EV development will help bolster Ideanomics' prospects as well.</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>These 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today</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\">\nThese 2 Unknown Nasdaq Stocks Are Making Shareholders Richer Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 10:45 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"IDEX":"优点互动","LOOP":"Loop Industries Inc"},"source_url":"https://www.fool.com/investing/2021/06/23/2-unknown-nasdaq-stocks-making-shareholders-richer/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1174118119","content_text":"TheNasdaq Composite(NASDAQINDEX:^IXIC)pushed further into record territory on Wednesday, with some of its largest components contributing to gains for the index. As of 2:15 p.m. EDT Wednesday afternoon,the Nasdaqwas up another quarter-percent.\nMany major companies have helped lift the Nasdaq higher in recent months. Yet on Wednesday, it was a couple of largely unknown companies that vaulted into the spotlight. Below, we'll look more closely at why Loop Industries(NASDAQ:LOOP) and Ideanomics(NASDAQ:IDEX)deserve a little more attention from investors.\nLoop sustains gains\nShares of Loop Industries moved higher by nearly 20%Wednesday afternoon. The maker of specialized materials from waste plastic and polyester fiber made a key announcement that lifted its stock to its highest levels in three years.\nSouth Korean industrial giant SK Global Chemical agreed to make a $56.5 million investment in Loop, taking a 10% equity stake in the company that values the stock at $12 per share. Loop intends to use the proceeds toward building out a facility in Quebec.\nAt the same time, though, SK and Loop have much larger plans for their joint venture. The companies intend to prepare facility construction in South Korea during the first half of 2022, with the hope of completing four facilities by the end of the decade. All told, Loop hopes to put 400,000 tons of waste plastic and fiber to productive use, saving more than 632,000 metric tons of carbon dioxide emissions annually.\nThe deal acts as a vote of confidence in Loop's business model, which took a hit after short-selling research reports called it into question. When real investors put real money to work, it acts as validation for early shareholders who saw the value of Loop's vision.\nA good idea from Ideanomics\nMeanwhile, shares of Ideanomics were up more than 12% Wednesday afternoon. The electric vehicle mobility and fintech company has largely flown under investors' radars, but today's move reflects greater interest in the industry generally and in the company in particular.\nIdeanomics isn't well-known on Wall Street, but it's attracted a sizable following among individual investors. For many shareholders, Ideanomics' most important business is its mobility segment, which has sought to help commercial bus and truck fleets figure out a better approach toward electrification more broadly. With an approach that includes planning, vehicles, infrastructure, and operational assistance, Ideanomics has aimed to be a one-stop shop for those looking to keep up with changing trends in the EV space.\nHowever, Ideanomics also has other ambitions. It's aiming to make new financial technology more accessible to companies looking to keep up with the pace of innovation, with specialization in multiple areas such as real estate, commodities, and broker-dealer transactions.\nIdeanomics' recent acquisition of EV tractor company Solectrac gave it a bigger presence in the U.S. market, and that's raised awareness among many investors. The stock remains well below its best levels in recent months, but many are hopeful that the trend that's supporting EV development will help bolster Ideanomics' prospects as well.","news_type":1},"isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128859261,"gmtCreate":1624511067353,"gmtModify":1703838873422,"author":{"id":"3586346180753382","authorId":"3586346180753382","name":"alsk","avatar":"https://static.tigerbbs.com/2935bd6d9bedc1b7a4e3ac5db72afb95","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3586346180753382","authorIdStr":"3586346180753382"},"themes":[],"htmlText":"interesting read&nbsp;","listText":"interesting read&nbsp;","text":"interesting read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/128859261","repostId":"1171757794","repostType":4,"repost":{"id":"1171757794","pubTimestamp":1624503500,"share":"https://ttm.financial/m/news/1171757794?lang=&edition=fundamental","pubTime":"2021-06-24 10:58","market":"us","language":"en","title":"BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup","url":"https://stock-news.laohu8.com/highlight/detail?id=1171757794","media":"WSJ","summary":"BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition co","content":"<p>BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition company, according to people familiar with the situation, part of a plan to consolidate with other players in digital media.</p>\n<p>BuzzFeed founder and Chief Executive Officer Jonah Peretti could announce a deal with 890 5th Avenue Partners Inc.—a blank-check company named after the headquarters of Marvel’s Avengers superheroes and founded by investor Adam Rothstein—as early as this week, the people said.</p>\n<p>The merger deal would generate capital to pursue additional acquisitions, including Complex Networks, a digital publisher that specializes in streetwear, music and pop culture. BuzzFeed is vying for greater scale to better compete for online ad dollars with tech giants such asAlphabetInc.’sGoogle,Amazon.com Inc. andFacebookInc.</p>\n<p>The Information earlierreported on BuzzFeed’s plansto buy rivals, including Complex Networks, as a public company.</p>\n<p>The deal to take BuzzFeed public marks a turning point for Mr. Peretti, a onetime schoolteacher who parlayed his affinity for stunts that went viral on the internet into a winding career as a digital-media entrepreneur. The 47-year-old executive helped found HuffPost alongside Arianna Huffington in 2005 and began work on BuzzFeed in a small workspace in New York’s Chinatown neighborhood in 2006.</p>\n<p>Mr. Peretti hopes the moves to acquire Complex and other companies will give the combined entity enough scale to grow despite the increasing dominance of Google and Facebook over the digital advertising industry, the people said. BuzzFeed will also look to continue its growth in other areas including e-commerce and affiliate commerce—the practice of making money by selling products and referring potential customers to websites that sell products they might be interested in.</p>\n<p>Even with the addition of Complex and other companies, there is no guarantee that BuzzFeed can further enlarge its share of the digital-ad sector. In recent years, most of the growth has gone to Google, Facebook and Amazon, and the Covid-19 pandemiconly accelerated that trend. Those companies—known in the digital-media industry as the “triopoly”—increased their share of the U.S. digital-ad market from 80% in 2019 to a range approaching 90% in 2020, according to an analysis from ad agency GroupM.</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>BuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup</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\">\nBuzzFeed Nears Deal to Go Public Via SPAC, Eyeing Digital-Media Rollup\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-24 10:58 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/buzzfeed-nears-deal-to-go-public-via-spac-eyeing-digital-media-rollup-11624485898?mod=hp_lead_pos3><strong>WSJ</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition company, according to people familiar with the situation, part of a plan to consolidate with other ...</p>\n\n<a href=\"https://www.wsj.com/articles/buzzfeed-nears-deal-to-go-public-via-spac-eyeing-digital-media-rollup-11624485898?mod=hp_lead_pos3\">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.wsj.com/articles/buzzfeed-nears-deal-to-go-public-via-spac-eyeing-digital-media-rollup-11624485898?mod=hp_lead_pos3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171757794","content_text":"BuzzFeed Inc. is close to a deal to go public through a merger with a special-purpose acquisition company, according to people familiar with the situation, part of a plan to consolidate with other players in digital media.\nBuzzFeed founder and Chief Executive Officer Jonah Peretti could announce a deal with 890 5th Avenue Partners Inc.—a blank-check company named after the headquarters of Marvel’s Avengers superheroes and founded by investor Adam Rothstein—as early as this week, the people said.\nThe merger deal would generate capital to pursue additional acquisitions, including Complex Networks, a digital publisher that specializes in streetwear, music and pop culture. BuzzFeed is vying for greater scale to better compete for online ad dollars with tech giants such asAlphabetInc.’sGoogle,Amazon.com Inc. andFacebookInc.\nThe Information earlierreported on BuzzFeed’s plansto buy rivals, including Complex Networks, as a public company.\nThe deal to take BuzzFeed public marks a turning point for Mr. Peretti, a onetime schoolteacher who parlayed his affinity for stunts that went viral on the internet into a winding career as a digital-media entrepreneur. The 47-year-old executive helped found HuffPost alongside Arianna Huffington in 2005 and began work on BuzzFeed in a small workspace in New York’s Chinatown neighborhood in 2006.\nMr. Peretti hopes the moves to acquire Complex and other companies will give the combined entity enough scale to grow despite the increasing dominance of Google and Facebook over the digital advertising industry, the people said. BuzzFeed will also look to continue its growth in other areas including e-commerce and affiliate commerce—the practice of making money by selling products and referring potential customers to websites that sell products they might be interested in.\nEven with the addition of Complex and other companies, there is no guarantee that BuzzFeed can further enlarge its share of the digital-ad sector. In recent years, most of the growth has gone to Google, Facebook and Amazon, and the Covid-19 pandemiconly accelerated that trend. Those companies—known in the digital-media industry as the “triopoly”—increased their share of the U.S. digital-ad market from 80% in 2019 to a range approaching 90% in 2020, according to an analysis from ad agency GroupM.","news_type":1},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}