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15:26","market":"us","language":"en","title":"4 Things to Know Ahead of the Squarespace’s Direct Listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1158638540","media":"Barrons","summary":"The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.The company offers various tools for website creation, including domains, e-comme","content":"<p>The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.</p>\n<p>Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.</p>\n<p>The company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.</p>\n<p>Squarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in&nbsp;its filing with the Securities and Exchange Commission.</p>\n<p>The company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.</p>\n<p><b>Growing Revenue, Shrinking Profits</b></p>\n<p>Squarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.</p>\n<p>The company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.</p>\n<p>About 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.</p>\n<p>Squarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.</p>\n<p>Despite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.</p>\n<p><b>Competition Aplenty</b></p>\n<p>The company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like&nbsp;Wix.com&nbsp;(ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse&nbsp;Shopify&nbsp;(ticker: SHOP),&nbsp;which lets businesses set up online shops.</p>\n<p>Squarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.</p>\n<p>Jefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.</p>\n<p><b>On the Menu</b></p>\n<p>SquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.</p>\n<p>This part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.</p>\n<p>“SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash&nbsp;(DASH) and&nbsp;Grubhub&nbsp;(GRUB),&nbsp;along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.</p>\n<p>At the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.</p>\n<p><b>Marketing Bucks</b></p>\n<p>Squarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.</p>\n<p>The company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”</p>\n<p>Among its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Things to Know Ahead of the Squarespace’s Direct Listing</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\">\n4 Things to Know Ahead of the Squarespace’s Direct Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue ...</p>\n\n<a href=\"https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQSP":"Squarespace Inc."},"source_url":"https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158638540","content_text":"The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.\nNow Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.\nThe company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.\nSquarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in its filing with the Securities and Exchange Commission.\nThe company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.\nGrowing Revenue, Shrinking Profits\nSquarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.\nThe company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.\nAbout 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.\nSquarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.\nDespite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.\nCompetition Aplenty\nThe company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like Wix.com (ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse Shopify (ticker: SHOP), which lets businesses set up online shops.\nSquarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.\nJefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.\nOn the Menu\nSquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.\nThis part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.\n“SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash (DASH) and Grubhub (GRUB), along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.\nAt the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.\nMarketing Bucks\nSquarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.\nThe company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”\nAmong its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195820975,"gmtCreate":1621277903097,"gmtModify":1634192865763,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/195820975","repostId":"1111524532","repostType":4,"repost":{"id":"1111524532","pubTimestamp":1621257362,"share":"https://www.laohu8.com/m/news/1111524532?lang=&edition=full","pubTime":"2021-05-17 21:16","market":"us","language":"en","title":"Sundial Growers Stock Seems To Have Bottomed Out and Ready To Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1111524532","media":"InvestorPlace","summary":"An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock g","content":"<p>An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock gains</p>\n<p>It’s been a volatile year for&nbsp;<b>Sundial Growers</b>&nbsp;(NASDAQ:<b><u>SNDL</u></b>) stock. At the beginning of the year, SNDL stock was trading at 47 cents per share. With aggressive growth plans and hopes for Federal level legalization of cannabis, investors pushed SNDL stock to $3.96.</p>\n<p>It didn’t take time for the rally to fizzle out and after sustained correction, the shares currently trade at 70 cents a piece. It seems very likely that SNDL stock has bottomed out and current levels are attractive for fresh exposure.</p>\n<p>My view is underscored by the fact that Sundial’s losses widened in the first quarter of 2021 with the pandemic snuffing sales. However, SNDL stock remained sideways after the results were released.</p>\n<p>Let’s talk about the reasons for the big correction. First and foremost, profit-booking was likely after a sharp rally, which was partially speculative in nature. Furthermore, Sundial has been on a capital-raising spree to pay for its expansion plans. Equity dilution is another major reason for the big correction.</p>\n<p><b>Positive Triggers for SNDL Stock</b></p>\n<p>Now, about that capital raising spree. As of Q1 2021, Sundial reported cash and equivalents of $873.5 million. This cash buffer gives the company a lot of financial flexibility to pursue growth opportunities. Considering the current cash buffer, it seems unlikely that Sundial do anything to further dilute equity.</p>\n<p>On the organic growth front, Sundial reported revenue of $9.9 million for Q1 2021, which was lower by 29% as compared to Q4 2020. Growth was tempered by Covid-19. However, the company&nbsp;did manage to report its first positive EBITDA. If it can sustain the positive adjusted EBITDA, it’s a key upside trigger for SNDL stock.</p>\n<p>I also like the fact that branded cannabis sales were 74% of total sales. If sale of branded products remains robust, the company is positioned to deliver healthy EBITDA margin and cash flows.</p>\n<p>Beyond Q1 2021, I believe that the following factors are likely to ensure that the company’s growth is healthy in the coming quarters.</p>\n<p>In May 2021, the company announced the acquisition of&nbsp;<b>Inner Spirit Holdings</b>&nbsp;for a consideration of $131 million. The company is a franchiser and operator of retail cannabis stores in Canada.</p>\n<p>With 86 stores, the company has a significant footprint. It’s very likely that Sundial will leverage on the retail presence to sell the company’s branded inhalable products. It’s also important to note that for Q4 2020, Inner Spirit reported&nbsp;revenue of $9.2 million and an EBITDA margin of 19%. The acquisition is therefore likely to boost top-line growth coupled with margin expansion.</p>\n<p><b>Opportunities in the SunStream Bancorp JV</b></p>\n<p>Sundial has also a formed a 50-50 joint venture with&nbsp;<b>SAF Group</b>. The latter is a Canada-based alternative investment manager.</p>\n<p>Sundial had initially committed $100 million to the SunStream Bancorp JV. However, the&nbsp;commitment was recently raised to $188 million.</p>\n<p>The idea is to create a co-managed special opportunities global cannabis fund. The fund will create a portfolio of debt, equity and hybrid investments. I believe that the JV is likely to create long-term value.</p>\n<p>It’s worth noting that in Q1 2021, the company generated revenue of $15.7 million from cannabis-related portfolio investments.</p>\n<p>Once the JV has debt and equity investments, it’s likely to serve as a source of recurring revenue for the company. Sundial believes that there is a global pipeline of $500 million related to debt and equity opportunities. I would not be surprised if Sundial further increases the commitment to the JV.</p>\n<p><b>Concluding Views</b></p>\n<p>Sundial Growers is aggressively creating a broad portfolio of investments. Earlier this month, the companyacquired additional stakein&nbsp;<b>The Valens Company</b>&nbsp;(OTCMKTS:<b><u>VLNCF</u></b>), which is a developer and manufacturer of cannabinoid-based products. As the legal cannabis market continues to grow, these investments will deliver results.</p>\n<p>As the company continues to deploy its cash in growth and investing activities, revenue and EBITDA are likely to accelerate. Therefore, SNDL stock looks attractive after a big correction.</p>","source":"lsy1606302653667","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>Sundial Growers Stock Seems To Have Bottomed Out and Ready To Move</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\">\nSundial Growers Stock Seems To Have Bottomed Out and Ready To Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/sundial-growers-stock-seems-to-have-bottomed-out-and-ready-to-move/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock gains\nIt’s been a volatile year for Sundial Growers (NASDAQ:SNDL) stock. At the beginning of the year...</p>\n\n<a href=\"https://investorplace.com/2021/05/sundial-growers-stock-seems-to-have-bottomed-out-and-ready-to-move/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"source_url":"https://investorplace.com/2021/05/sundial-growers-stock-seems-to-have-bottomed-out-and-ready-to-move/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111524532","content_text":"An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock gains\nIt’s been a volatile year for Sundial Growers (NASDAQ:SNDL) stock. At the beginning of the year, SNDL stock was trading at 47 cents per share. With aggressive growth plans and hopes for Federal level legalization of cannabis, investors pushed SNDL stock to $3.96.\nIt didn’t take time for the rally to fizzle out and after sustained correction, the shares currently trade at 70 cents a piece. It seems very likely that SNDL stock has bottomed out and current levels are attractive for fresh exposure.\nMy view is underscored by the fact that Sundial’s losses widened in the first quarter of 2021 with the pandemic snuffing sales. However, SNDL stock remained sideways after the results were released.\nLet’s talk about the reasons for the big correction. First and foremost, profit-booking was likely after a sharp rally, which was partially speculative in nature. Furthermore, Sundial has been on a capital-raising spree to pay for its expansion plans. Equity dilution is another major reason for the big correction.\nPositive Triggers for SNDL Stock\nNow, about that capital raising spree. As of Q1 2021, Sundial reported cash and equivalents of $873.5 million. This cash buffer gives the company a lot of financial flexibility to pursue growth opportunities. Considering the current cash buffer, it seems unlikely that Sundial do anything to further dilute equity.\nOn the organic growth front, Sundial reported revenue of $9.9 million for Q1 2021, which was lower by 29% as compared to Q4 2020. Growth was tempered by Covid-19. However, the company did manage to report its first positive EBITDA. If it can sustain the positive adjusted EBITDA, it’s a key upside trigger for SNDL stock.\nI also like the fact that branded cannabis sales were 74% of total sales. If sale of branded products remains robust, the company is positioned to deliver healthy EBITDA margin and cash flows.\nBeyond Q1 2021, I believe that the following factors are likely to ensure that the company’s growth is healthy in the coming quarters.\nIn May 2021, the company announced the acquisition of Inner Spirit Holdings for a consideration of $131 million. The company is a franchiser and operator of retail cannabis stores in Canada.\nWith 86 stores, the company has a significant footprint. It’s very likely that Sundial will leverage on the retail presence to sell the company’s branded inhalable products. It’s also important to note that for Q4 2020, Inner Spirit reported revenue of $9.2 million and an EBITDA margin of 19%. The acquisition is therefore likely to boost top-line growth coupled with margin expansion.\nOpportunities in the SunStream Bancorp JV\nSundial has also a formed a 50-50 joint venture with SAF Group. The latter is a Canada-based alternative investment manager.\nSundial had initially committed $100 million to the SunStream Bancorp JV. However, the commitment was recently raised to $188 million.\nThe idea is to create a co-managed special opportunities global cannabis fund. The fund will create a portfolio of debt, equity and hybrid investments. I believe that the JV is likely to create long-term value.\nIt’s worth noting that in Q1 2021, the company generated revenue of $15.7 million from cannabis-related portfolio investments.\nOnce the JV has debt and equity investments, it’s likely to serve as a source of recurring revenue for the company. Sundial believes that there is a global pipeline of $500 million related to debt and equity opportunities. I would not be surprised if Sundial further increases the commitment to the JV.\nConcluding Views\nSundial Growers is aggressively creating a broad portfolio of investments. Earlier this month, the companyacquired additional stakein The Valens Company (OTCMKTS:VLNCF), which is a developer and manufacturer of cannabinoid-based products. As the legal cannabis market continues to grow, these investments will deliver results.\nAs the company continues to deploy its cash in growth and investing activities, revenue and EBITDA are likely to accelerate. Therefore, SNDL stock looks attractive after a big correction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196999925,"gmtCreate":1621003109367,"gmtModify":1631885081548,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","text":"$Walt Disney(DIS)$up","images":[{"img":"https://static.tigerbbs.com/03339e87e8825cd12d4d21704e2bf59e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/196999925","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":198316139,"gmtCreate":1620925581021,"gmtModify":1634195228199,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Sad","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Sad","text":"$Tiger Brokers(TIGR)$Sad","images":[{"img":"https://static.tigerbbs.com/10549bdfb133915c0551d0ae3577642f","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/198316139","isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":198318222,"gmtCreate":1620925512666,"gmtModify":1634195228663,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198318222","repostId":"1139650826","repostType":4,"repost":{"id":"1139650826","pubTimestamp":1620918825,"share":"https://www.laohu8.com/m/news/1139650826?lang=&edition=full","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","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>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193905295,"gmtCreate":1620743111917,"gmtModify":1634196654630,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>upup","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>upup","text":"$Tiger 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[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/102448720","repostId":"2133525535","repostType":4,"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102448578,"gmtCreate":1620237994594,"gmtModify":1634206767246,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/102448578","repostId":"2133521525","repostType":4,"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102448861,"gmtCreate":1620237965453,"gmtModify":1634206767489,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102448861","repostId":"1131387668","repostType":4,"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102448998,"gmtCreate":1620237899614,"gmtModify":1634206767733,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/102448998","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","pubTimestamp":1620224535,"share":"https://www.laohu8.com/m/news/1148686352?lang=&edition=full","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<p><b>What Happened?</b>On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.</p>\n<p><b>Where The Market Was:</b>The Dow finished the day at 30.02.</p>\n<p><b>What Else Was Going On In The World?</b>In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.</p>\n<p><b>Panic Of 1893:</b>On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.</p>\n<p>The&nbsp;Panic of 1893&nbsp;was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.</p>\n<p>The May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.<b>General Electric Company</b>GE 0.34%shares dropped 28% on the day from $80 to $58.</p>\n<p>Fortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.</p>\n<p>The Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.</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>This Day In Market History: Panic Of 1893 Crashes Stock Market</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">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.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102847210,"gmtCreate":1620200198930,"gmtModify":1631889071191,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>moneymoney come","listText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>moneymoney come","text":"$OUE COMMERCIAL REIT(TS0U.SI)$moneymoney come","images":[{"img":"https://static.tigerbbs.com/11172b4eedb2440ed17b14cae38fd4c4","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102847210","isVote":1,"tweetType":1,"viewCount":349,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100593933,"gmtCreate":1619619955322,"gmtModify":1631885089996,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","text":"$Walt Disney(DIS)$up","images":[{"img":"https://static.tigerbbs.com/f427545a0e52899c81904ed04d1afb01","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/100593933","isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":374894555,"gmtCreate":1619435806377,"gmtModify":1631889071193,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>upup","listText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>upup","text":"$OUE COMMERCIAL REIT(TS0U.SI)$upup","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/374894555","isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372919472,"gmtCreate":1619167321796,"gmtModify":1631889071195,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3581858950719595","idStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>up","listText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>up","text":"$OUE COMMERCIAL REIT(TS0U.SI)$up","images":[{"img":"https://static.tigerbbs.com/e805eb829fd508a40bd8b3c8c1168e04","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/372919472","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":100593933,"gmtCreate":1619619955322,"gmtModify":1631885089996,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","text":"$Walt Disney(DIS)$up","images":[{"img":"https://static.tigerbbs.com/f427545a0e52899c81904ed04d1afb01","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/100593933","isVote":1,"tweetType":1,"viewCount":616,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":193905295,"gmtCreate":1620743111917,"gmtModify":1634196654630,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>upup","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>upup","text":"$Tiger Brokers(TIGR)$upup","images":[{"img":"https://static.tigerbbs.com/0d91f3a04f4a4b5b3b7fc2f087bf7b6e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/193905295","isVote":1,"tweetType":1,"viewCount":276,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":102448720,"gmtCreate":1620238035860,"gmtModify":1634206767002,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/102448720","repostId":"2133525535","repostType":4,"repost":{"id":"2133525535","pubTimestamp":1620226200,"share":"https://www.laohu8.com/m/news/2133525535?lang=&edition=full","pubTime":"2021-05-05 22:50","market":"us","language":"en","title":"What JPMorgan's New Fund Means for Bitcoin","url":"https://stock-news.laohu8.com/highlight/detail?id=2133525535","media":"Motley Fool","summary":"The newest fund to trade in the popular cryptocurrency is the most surprising one yet.","content":"<p><b>JPMorgan Chase</b>&nbsp;(NYSE:JPM)&nbsp;could become the biggest U.S. bank to embrace cryptocurrency as an asset class as early as this summer with the launch of an actively managed <b>Bitcoin</b>&nbsp;(CRYPTO:BTC)&nbsp;fund. While reports of the bank's plans and timelines have not been confirmed on the record by JPMorgan, the sources seem to be consistent and credible.</p>\n<p>Here's how JPMorgan is changing its tune on Bitcoin and hopping on the BTC fund bandwagon in a different way -- and why it matters for crypto investors.</p>\n<p><img src=\"https://static.tigerbbs.com/de4e309a22a978f8524b579aba016cb8\" tg-width=\"700\" tg-height=\"463\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<h2>How it's happening</h2>\n<p>JPMorgan CEO Jamie Dimon has made his disdain for Bitcoin no secret. As recently as 2017, Dimon called Bitcoin a fraud. He even predicted that \"someone is going to get killed\" in its wake. While Dimon still isn't the cryptocurrency's biggest fan, JPMorgan has since started planning a Bitcoin fund for a limited number of its private wealth clients. Client demand for Bitcoin has simply forced JPMorgan into action, just as the bank predicted it would eventually do -- despite its CEO's opinion. </p>\n<p>The big difference between JPMorgan's proposed Bitcoin fund and most other existing (or proposed) Bitcoin funds is active management. This distinction means that JPMorgan will professionally manage the fund for a fee, with the end goal of achieving higher returns than a straight investment in Bitcoin or a passively managed Bitcoin ETF would attain.</p>\n<p>In practice, there is not much evidence that actively managed funds outperform passively managed funds. The best quick illustration of this may be Warren Buffet's big bet against the hedge fund industry -- the famous investor bet a hedge fund manager that an S&amp;P 500 index fund (i.e., a low-fee passively managed ETF) would outperform a portfolio of hedge funds (i.e., high-fee actively managed funds) over a 10-year period. Buffet won the bet. </p>\n<p>Most other Bitcoin funds (including well-known Grayscale Investments' massive Bitcoin fund) behave more like exchange-traded funds (ETFs), meaning that their prices move in direct correlation with the market without fund management intervention. JPMorgan would have to time the market incredibly well to prove that its active management of Bitcoin can outperform its passive market counterparts.</p>\n<h2>When it's happening</h2>\n<p>Grayscale and other newly proposed ETFs from major U.S. banks are caught in a race for SEC approval to be the first American Bitcoin ETF.&nbsp;Canada's recently approved Bitcoin ETF and the involvement of big-name U.S. banks in ETF applications have put pressure on the SEC and raised expectations for approval in the near future.</p>\n<p>So why the rush for a Bitcoin ETF anyway? Simply put, they are easier and more convenient than a direct investment in Bitcoin, especially for investors who are not totally comfortable in a crypto exchange. With a Bitcoin ETF, an individual can invest in the asset through their traditional market exchange without worrying about complex security issues like protecting digital wallet passwords. Unfortunately, early investors in Bitcoin have lost hundreds of millions of dollars in digital wallets with forgotten passwords.</p>\n<p>JPMorgan does not seem to expect any regulatory trouble launching its fund by this summer. Meanwhile, the SEC has delayed any decisions on Bitcoin ETFs until this summer at the earliest, setting any and all Bitcoin ETFs most likely behind JPMorgan's fund in timeline.</p>\n<h2>Why it matters</h2>\n<p>If all goes as planned, JPMorgan's fund will be the first actively managed Bitcoin-specific fund. This is an objectively unprecedented, exciting move in the Bitcoin world; however, whether an actively managed Bitcoin fund will be more cost-efficient than a direct investment or ETF investment is yet to be determined.</p>\n<p>I predict that it will be more cost-efficient for almost all investors to buy Bitcoin directly or through a no-fee ETF and keep an eye on its price fluctuations. While JPMorgan hasn't revealed any fee structure yet, actively managed funds usually involve steep costs (compared to ETFs or direct investments) because the funds manage the buying and selling of several different assets -- not just <a href=\"https://laohu8.com/S/AONE\">one</a>.</p>\n<p>Active management of Bitcoin, as opposed to active management of an entire portfolio of varied cryptocurrency assets, is a unique and new concept in the crypto market. But this doesn't necessarily mean it will outperform more varied actively managed crypto funds or even Bitcoin itself. Still, the fund's existence will be important for the overall maturity of the crypto market.</p>\n<p>If I were to buy more BTC, I would likely do it before this summer with a plan to hold for the long term, since Bitcoin ETF approvals are likely to make headlines and increase trading volume. The approval of these funds from major banks and the ensuing heightened demand for Bitcoin will likely raise the crypto's price in the long run, spurring further acceptance of Bitcoin as an asset class. With that said, the crypto market is unpredictable and notoriously volatile.&nbsp;As always, only invest an amount that you're willing to lose in risky cryptocurrency assets.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What JPMorgan's New Fund Means for 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\">\nWhat JPMorgan's New Fund Means for Bitcoin\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/05/what-jpmorgans-new-fund-means-for-bitcoin/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>JPMorgan Chase (NYSE:JPM) could become the biggest U.S. bank to embrace cryptocurrency as an asset class as early as this summer with the launch of an actively managed Bitcoin (CRYPTO:BTC) fund. While...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/05/what-jpmorgans-new-fund-means-for-bitcoin/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NGD":"New Gold"},"source_url":"https://www.fool.com/investing/2021/05/05/what-jpmorgans-new-fund-means-for-bitcoin/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133525535","content_text":"JPMorgan Chase (NYSE:JPM) could become the biggest U.S. bank to embrace cryptocurrency as an asset class as early as this summer with the launch of an actively managed Bitcoin (CRYPTO:BTC) fund. While reports of the bank's plans and timelines have not been confirmed on the record by JPMorgan, the sources seem to be consistent and credible.\nHere's how JPMorgan is changing its tune on Bitcoin and hopping on the BTC fund bandwagon in a different way -- and why it matters for crypto investors.\n\nImage source: Getty Images.\nHow it's happening\nJPMorgan CEO Jamie Dimon has made his disdain for Bitcoin no secret. As recently as 2017, Dimon called Bitcoin a fraud. He even predicted that \"someone is going to get killed\" in its wake. While Dimon still isn't the cryptocurrency's biggest fan, JPMorgan has since started planning a Bitcoin fund for a limited number of its private wealth clients. Client demand for Bitcoin has simply forced JPMorgan into action, just as the bank predicted it would eventually do -- despite its CEO's opinion. \nThe big difference between JPMorgan's proposed Bitcoin fund and most other existing (or proposed) Bitcoin funds is active management. This distinction means that JPMorgan will professionally manage the fund for a fee, with the end goal of achieving higher returns than a straight investment in Bitcoin or a passively managed Bitcoin ETF would attain.\nIn practice, there is not much evidence that actively managed funds outperform passively managed funds. The best quick illustration of this may be Warren Buffet's big bet against the hedge fund industry -- the famous investor bet a hedge fund manager that an S&P 500 index fund (i.e., a low-fee passively managed ETF) would outperform a portfolio of hedge funds (i.e., high-fee actively managed funds) over a 10-year period. Buffet won the bet. \nMost other Bitcoin funds (including well-known Grayscale Investments' massive Bitcoin fund) behave more like exchange-traded funds (ETFs), meaning that their prices move in direct correlation with the market without fund management intervention. JPMorgan would have to time the market incredibly well to prove that its active management of Bitcoin can outperform its passive market counterparts.\nWhen it's happening\nGrayscale and other newly proposed ETFs from major U.S. banks are caught in a race for SEC approval to be the first American Bitcoin ETF. Canada's recently approved Bitcoin ETF and the involvement of big-name U.S. banks in ETF applications have put pressure on the SEC and raised expectations for approval in the near future.\nSo why the rush for a Bitcoin ETF anyway? Simply put, they are easier and more convenient than a direct investment in Bitcoin, especially for investors who are not totally comfortable in a crypto exchange. With a Bitcoin ETF, an individual can invest in the asset through their traditional market exchange without worrying about complex security issues like protecting digital wallet passwords. Unfortunately, early investors in Bitcoin have lost hundreds of millions of dollars in digital wallets with forgotten passwords.\nJPMorgan does not seem to expect any regulatory trouble launching its fund by this summer. Meanwhile, the SEC has delayed any decisions on Bitcoin ETFs until this summer at the earliest, setting any and all Bitcoin ETFs most likely behind JPMorgan's fund in timeline.\nWhy it matters\nIf all goes as planned, JPMorgan's fund will be the first actively managed Bitcoin-specific fund. This is an objectively unprecedented, exciting move in the Bitcoin world; however, whether an actively managed Bitcoin fund will be more cost-efficient than a direct investment or ETF investment is yet to be determined.\nI predict that it will be more cost-efficient for almost all investors to buy Bitcoin directly or through a no-fee ETF and keep an eye on its price fluctuations. While JPMorgan hasn't revealed any fee structure yet, actively managed funds usually involve steep costs (compared to ETFs or direct investments) because the funds manage the buying and selling of several different assets -- not just one.\nActive management of Bitcoin, as opposed to active management of an entire portfolio of varied cryptocurrency assets, is a unique and new concept in the crypto market. But this doesn't necessarily mean it will outperform more varied actively managed crypto funds or even Bitcoin itself. Still, the fund's existence will be important for the overall maturity of the crypto market.\nIf I were to buy more BTC, I would likely do it before this summer with a plan to hold for the long term, since Bitcoin ETF approvals are likely to make headlines and increase trading volume. The approval of these funds from major banks and the ensuing heightened demand for Bitcoin will likely raise the crypto's price in the long run, spurring further acceptance of Bitcoin as an asset class. With that said, the crypto market is unpredictable and notoriously volatile. As always, only invest an amount that you're willing to lose in risky cryptocurrency assets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198316139,"gmtCreate":1620925581021,"gmtModify":1634195228199,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Sad","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Sad","text":"$Tiger Brokers(TIGR)$Sad","images":[{"img":"https://static.tigerbbs.com/10549bdfb133915c0551d0ae3577642f","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/198316139","isVote":1,"tweetType":1,"viewCount":819,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":197960568,"gmtCreate":1621420349854,"gmtModify":1634189307517,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"nice","listText":"nice","text":"nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/197960568","repostId":"1158638540","repostType":4,"repost":{"id":"1158638540","pubTimestamp":1621409180,"share":"https://www.laohu8.com/m/news/1158638540?lang=&edition=full","pubTime":"2021-05-19 15:26","market":"us","language":"en","title":"4 Things to Know Ahead of the Squarespace’s Direct Listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1158638540","media":"Barrons","summary":"The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.The company offers various tools for website creation, including domains, e-comme","content":"<p>The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.</p>\n<p>Now Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.</p>\n<p>The company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.</p>\n<p>Squarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in&nbsp;its filing with the Securities and Exchange Commission.</p>\n<p>The company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.</p>\n<p><b>Growing Revenue, Shrinking Profits</b></p>\n<p>Squarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.</p>\n<p>The company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.</p>\n<p>About 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.</p>\n<p>Squarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.</p>\n<p>Despite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.</p>\n<p><b>Competition Aplenty</b></p>\n<p>The company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like&nbsp;Wix.com&nbsp;(ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse&nbsp;Shopify&nbsp;(ticker: SHOP),&nbsp;which lets businesses set up online shops.</p>\n<p>Squarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.</p>\n<p>Jefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.</p>\n<p><b>On the Menu</b></p>\n<p>SquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.</p>\n<p>This part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.</p>\n<p>“SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash&nbsp;(DASH) and&nbsp;Grubhub&nbsp;(GRUB),&nbsp;along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.</p>\n<p>At the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.</p>\n<p><b>Marketing Bucks</b></p>\n<p>Squarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.</p>\n<p>The company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”</p>\n<p>Among its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>4 Things to Know Ahead of the Squarespace’s Direct Listing</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\">\n4 Things to Know Ahead of the Squarespace’s Direct Listing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-19 15:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue ...</p>\n\n<a href=\"https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SQSP":"Squarespace Inc."},"source_url":"https://www.barrons.com/articles/squarespace-direct-listing-51621376597?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158638540","content_text":"The pandemic prompted many small businesses to gain online storefronts for the first time, creating an e-commerce wave that helped website-creation platform Squarespace Inc. accelerate its revenue growth.\nNow Squarespace will test the resilience of that e-commerce momentum as a public company. Its shares are scheduled to begin trading Wednesday in a direct listing on the New York Stock Exchange under the ticker SQSP.\nThe company offers various tools for website creation, including domains, e-commerce functions and marketing capabilities. Squarespace aims to work with small businesses that have limited web expertise as well as “large brands” that need greater flexibility to customize based on their needs.\nSquarespace sees itself playing into a number of trends, including a growing need for businesses to maintain direct relationships with their customers and an increased emphasis on do-it-yourself solutions that are “rapidly displacing expensive agencies and making equivalent design quality out-of-the-box, accessible and easy-to-use for all,” the company said in its filing with the Securities and Exchange Commission.\nThe company raised $300 million in a March funding round that gave the company an enterprise valuation of $10 billion, and is not raising any new funding as it lists. Here is what else you need to know about the company.\nGrowing Revenue, Shrinking Profits\nSquarespace posted $621 million in revenue during 2020, up from $485 million a year earlier. Revenue was up 28% in the latest fiscal year, ahead of the 24% growth rate seen in the prior period.\nThe company classifies 94% of its revenue as subscription-based. Squarespace added about 700,000 new unique subscriptions in 2020 and the company disclosed that more than two thirds of total subscriptions are annual.\nAbout 70% of Squarespace’s revenue last year came from the U.S., while the rest was international.\nSquarespace was profitable last year, recording about $30.6 million in net income, though profits were down from $58.2 million in 2019. The company’s “fundamentals highlight a rare combo of profitability and growth at scale,” wrote MKM Partners analyst Rohit Kulkarni.\nDespite a string of profitability on an annual basis, Squarespace generated a net loss of $10.1 million in the first quarter of 2021 compared with a loss of $1.1 million a year earlier. The company posted profits in each of the last three quarters of 2020.\nCompetition Aplenty\nThe company competes with a variety of different players across the e-commerce industry, according to its filing. Squarespace counts web-creation platforms like Wix.com (ticker: WIX) and Square’s (SQ) Weebly among its competition, along with e-commerce powerhouse Shopify (ticker: SHOP), which lets businesses set up online shops.\nSquarespace also calls out competitors like GoDaddy (GDDY) that offer domain-name tools, as well as those providing email-marketing and scheduling functions, while arguing that its own “comprehensive, all-in-one platform, multichannel commerce capabilities” are an asset.\nJefferies analyst Brent Thill notes that Wix is larger than Squarespace, with revenue of $989 million last year versus $621 million for Squarespace. In addition, Squarespace’s revenue last year was similar to what Wix posted in 2018, but Wix was posting faster growth at that scale, and without the benefit of the pandemic-driven acceleration in e-commerce more broadly, he wrote.\nOn the Menu\nSquareSpace recently closed its $415 million acquisition of Tock, a company focused on the restaurant and hospitality industries. Tock’s services allow businesses to manage reservations, takeout, event ticketing and more.\nThis part of the business may position SquareSpace against more tech giants, suggested MKM’s Kulkarni.\n“SquareSpace’s offering with Tock faces competition from delivery services such as Uber Eats (UBER),DoorDash (DASH) and Grubhub (GRUB), along with other restaurant [customer-relationship management] services such as TouchBistro and Toast,” he wrote.\nAt the same time, the acquisition is an example of one way Squarespace has “smartly diversified into selling not just physical goods online but also adding calendar/scheduling capabilities (restaurant or gym reservations), content sales, and subscriptions,” he continued.\nMarketing Bucks\nSquarespace’s marketing and sales costs are growing far faster than its revenue. The company incurred $3.1 million in such expenses last year, up from $1.7 million in 2019, making for a 45% increase, whereas revenue was up 28% in the same span.\nThe company’s podcast advertisements may be familiar to frequent listeners, though Squarespace notes in its prospectus that it advertises its services broadly, using “online keyword search, sponsorships and celebrity endorsements, television, podcasts, print and online advertising, email and social media marketing.”\nAmong its risk factors, Squarespace points to the possibility that Alphabet’s (GOOGL) Google could change its algorithm or raise the costs of its search-engine-marketing tools.","news_type":1},"isVote":1,"tweetType":1,"viewCount":271,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199841014,"gmtCreate":1620696709038,"gmtModify":1631889071189,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>[Miser]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>[Miser]&nbsp;","text":"$OUE COMMERCIAL REIT(TS0U.SI)$[Miser]","images":[{"img":"https://static.tigerbbs.com/6fb5188d2aaca5e0b1eb51314fe40b38","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/199841014","isVote":1,"tweetType":1,"viewCount":273,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":102448998,"gmtCreate":1620237899614,"gmtModify":1634206767733,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/102448998","repostId":"1148686352","repostType":4,"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190299111,"gmtCreate":1620621137233,"gmtModify":1631885082909,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Up up&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Up up&nbsp;","text":"$Walt Disney(DIS)$Up up","images":[{"img":"https://static.tigerbbs.com/3ca7f28fe1b17899d5308e0cded7b0f9","width":"1125","height":"2183"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/190299111","isVote":1,"tweetType":1,"viewCount":287,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107915801,"gmtCreate":1620438562403,"gmtModify":1634198783951,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107915801","repostId":"1120904578","repostType":4,"repost":{"id":"1120904578","pubTimestamp":1620429937,"share":"https://www.laohu8.com/m/news/1120904578?lang=&edition=full","pubTime":"2021-05-08 07:25","market":"us","language":"en","title":"S&P 500, Dow hit record highs as weak jobs data eases rate worries","url":"https://stock-news.laohu8.com/highlight/detail?id=1120904578","media":"Reuters","summary":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the","content":"<p>The Dow and S&amp;P 500 hit record closing highs on Friday while registering gains for the week, and the <a href=\"https://laohu8.com/S/NDAQ\">Nasdaq</a> recovered after U.S. jobs data eased concerns over prospects for rising rates.</p><p>U.S. job growth&nbsp;unexpectedly slowed&nbsp;in April, likely restrained by shortages of workers, the Labor Department report showed.</p><p>The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.</p><p>“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.</p><p>Heavily-weighted growth stocks such as <a href=\"https://laohu8.com/S/MSFT\">Microsoft</a> Corp MSFT.O and <a href=\"https://laohu8.com/S/AAPL\">Apple</a> Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&amp;P 500 and Nasdaq their biggest boosts.</p><p>But gains were broad-based, with all major S&amp;P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.</p><p>The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&amp;P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.</p><p>For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&amp;P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.</p><p>“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.</p><p>A raft of upbeat earnings also helped stocks, and S&amp;P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.</p><p>Payments firm <a href=\"https://laohu8.com/S/SQ\">Square</a> Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)</p><p>Streaming device maker <a href=\"https://laohu8.com/S/ROKU\">Roku Inc</a> ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)</p><p><a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 164 new 52-week highs and <a href=\"https://laohu8.com/S/AONE\">one</a> new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.</p><p>Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.</p>","source":"lsy1601381805984","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>S&P 500, Dow hit record highs as weak jobs data eases rate worries</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\">\nS&P 500, Dow hit record highs as weak jobs data eases rate worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-08 07:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job ...</p>\n\n<a href=\"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SSO":"两倍做多标普500ETF","SH":"标普500反向ETF","SPXU":"三倍做空标普500ETF","SQ":"Block","SPY":"标普500ETF","MSFT":"微软","EXPE":"Expedia","OEF":"标普100指数ETF-iShares",".DJI":"道琼斯","SDS":"两倍做空标普500ETF",".IXIC":"NASDAQ Composite","UPRO":"三倍做多标普500ETF",".SPX":"S&P 500 Index","AAPL":"苹果","OEX":"标普100","ROKU":"Roku Inc","IVV":"标普500指数ETF"},"source_url":"https://www.reuters.com/business/sp-500-dow-hit-record-highs-weak-jobs-data-eases-rate-worries-2021-05-07/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120904578","content_text":"The Dow and S&P 500 hit record closing highs on Friday while registering gains for the week, and the Nasdaq recovered after U.S. jobs data eased concerns over prospects for rising rates.U.S. job growth unexpectedly slowed in April, likely restrained by shortages of workers, the Labor Department report showed.The report alleviated some concerns about rising inflation and potentially higher U.S. interest rates, which some investors worry would hurt growth companies with high valuations.“Growth names that were taken to the woodshed are getting another chance, because they will be perceived to be less risky in an environment where there is a slower recovery, and that’s really what the jobs data is indicating”, said Tom Martin, senior portfolio manager at Globalt Investments.Heavily-weighted growth stocks such as Microsoft Corp MSFT.O and Apple Inc AAPL.O rose by 1.1% and 0.5%, respectively, giving the S&P 500 and Nasdaq their biggest boosts.But gains were broad-based, with all major S&P 500 sectors ending in the green and energy SPNY and real estate SPLRCR leading the advance. Energy and materials SPLRCM both hit fresh highs.The Dow .DJI rose 229.23 points, or 0.66%, to 34,777.76, the S&P 500 .SPX gained 30.98 points, or 0.74%, to 4,232.6 and the Nasdaq Composite .IXIC added 119.40 points, or 0.88%, to 13,752.24.For the week, the Dow rose 2.7%, its biggest weekly percentage gain since March. The S&P 500 gained 1.2%, its best week since mid-April, while the Nasdaq shed 1.5%.“The anticipation and confirmation of (Federal Reserve) policy staying the same and continued economic recovery with vaccines rollout have fueled these all-time highs, but we do believe the volatility is going to be tightened in the short term,” said Greg Bassuk, chief executive at Axs Investments.A raft of upbeat earnings also helped stocks, and S&P 500 earnings are now estimated to have increased 50.4% in the first quarter from a year ago, which would be the highest growth rate since the first quarter of 2010, according to Refinitiv data.Payments firm Square Inc SQ.N rose 4.2% after reporting a better-than-expected quarterly profit, as surging demand for bitcoin fueled a jump in cryptocurrency transactions on its application. (Full Story)Streaming device maker Roku Inc ROKU.O jumped 11.5%following an upbeat revenue outlook, while fitness equipment maker Peloton Interactive Inc PTON.O gained as it laid out steps to improve the safety of its equipment. (Full Story) (Full Story)Expedia Group Inc EXPE.O shares rose 5.2% as analysts raised price targets following the company’s upbeat results.Advancing issues outnumbered declining ones on the NYSE by a 3.27-to-1 ratio; on Nasdaq, a 2.12-to-1 ratio favored advancers.The S&P 500 posted 164 new 52-week highs and one new low; the Nasdaq Composite recorded 164 new highs and 64 new lows.Volume on U.S. exchanges was 10.23 billion shares, compared with the 10.11 billion average for the full session over the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":444,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102448578,"gmtCreate":1620237994594,"gmtModify":1634206767246,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"[Smile]&nbsp;","listText":"[Smile]&nbsp;","text":"[Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/102448578","repostId":"2133521525","repostType":4,"repost":{"id":"2133521525","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1620227934,"share":"https://www.laohu8.com/m/news/2133521525?lang=&edition=full","pubTime":"2021-05-05 23:18","market":"us","language":"en","title":"Shopify Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=2133521525","media":"Benzinga","summary":"Last Wednesday, Shopify (NYSE: SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.","content":"<p>Last Wednesday, <b>Shopify </b>(NYSE:SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.</p>\n<h4>Q1 Figures</h4>\n<p>For the quarter that ended on March 31st, investors had expected Shopify to post $865.48 million but it delivered $988.6 million instead. This achievement was enabled by the 137% growth of the \"Merchant Solutions\" business that expanded even at an even faster pace during the quarter than the company's aggregate 110% growth rate. This segment that encompasses payments, shipping, and capital services brought $668 million to the table, exceeding estimates of $560 million. In addition, subscription solutions revenue rose 71% to $320.7 million, also exceeding estimates of $284 million.</p>\n<p>Net income was boosted by an unrealized gain of $1.3 billion from its partnership with Affirm Holdings Inc (NASDAQ:AFRM) which went public at the beginning of the year. Since last July, Shopify owns more than 20 million shares of the online payments company. It earned an adjusted $2.01 per share, including a $1.3 billion investment gain. Adjusted earnings were more than triple Wall Street's projected 75 cents per share.</p>\n<h4><b>How Sustainable Is The Pandemic Win?</b></h4>\n<p>Shopify became <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest winners of the pandemic-fueled shift to e-commerce, as many brick-and-mortar stores were forced to temporarily shut down and people opted to stay indoors. The stock surged last year on the back of that momentum. However, upon the earnings call, Shopify executives said that even in areas where economies have reopened, there is proof that momentum remains strong as gross merchandise volume, the monetary-value of merchandise sold, more than doubled to $37.3 billion during the quarter.</p>\n<h4>Concerns</h4>\n<p>Executives warned that revenue growth could moderate this year as the vaccine rollout speeds up and consumers return to stores due to eased coronavirus restrictions. Executive departures have also been a concern and some analysts are questioning whether the business has reached a scale where it is self-sustaining beyond the individual contributions of several executives.</p>\n<p>Another concern is how will investments in sales, marketing and R&amp;D impact&nbsp;the operating margin as the company is building a U.S. distribution network to store and ship products for its customers – the merchants. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Keith Weiss believes demand for fulfillment services may disappoint near-term.</p>\n<h4>Outlook</h4>\n<p>No guidance for 2021 was provided. Although blowout results for the first quarter achieved to rekindle investor enthusiasm, writing another successful chapter in the post-IPO story of this Canadian e-commerce player, management is warning a slower growth pace is in the cards as the economy reopens and the pandemic finally becomes history.</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>Shopify Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead</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 Smashed Expectations Again But Post-Pandemic Uncertainty Lies Ahead\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/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-05-05 23:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Last Wednesday, <b>Shopify </b>(NYSE:SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.</p>\n<h4>Q1 Figures</h4>\n<p>For the quarter that ended on March 31st, investors had expected Shopify to post $865.48 million but it delivered $988.6 million instead. This achievement was enabled by the 137% growth of the \"Merchant Solutions\" business that expanded even at an even faster pace during the quarter than the company's aggregate 110% growth rate. This segment that encompasses payments, shipping, and capital services brought $668 million to the table, exceeding estimates of $560 million. In addition, subscription solutions revenue rose 71% to $320.7 million, also exceeding estimates of $284 million.</p>\n<p>Net income was boosted by an unrealized gain of $1.3 billion from its partnership with Affirm Holdings Inc (NASDAQ:AFRM) which went public at the beginning of the year. Since last July, Shopify owns more than 20 million shares of the online payments company. It earned an adjusted $2.01 per share, including a $1.3 billion investment gain. Adjusted earnings were more than triple Wall Street's projected 75 cents per share.</p>\n<h4><b>How Sustainable Is The Pandemic Win?</b></h4>\n<p>Shopify became <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest winners of the pandemic-fueled shift to e-commerce, as many brick-and-mortar stores were forced to temporarily shut down and people opted to stay indoors. The stock surged last year on the back of that momentum. However, upon the earnings call, Shopify executives said that even in areas where economies have reopened, there is proof that momentum remains strong as gross merchandise volume, the monetary-value of merchandise sold, more than doubled to $37.3 billion during the quarter.</p>\n<h4>Concerns</h4>\n<p>Executives warned that revenue growth could moderate this year as the vaccine rollout speeds up and consumers return to stores due to eased coronavirus restrictions. Executive departures have also been a concern and some analysts are questioning whether the business has reached a scale where it is self-sustaining beyond the individual contributions of several executives.</p>\n<p>Another concern is how will investments in sales, marketing and R&amp;D impact&nbsp;the operating margin as the company is building a U.S. distribution network to store and ship products for its customers – the merchants. <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a> analyst Keith Weiss believes demand for fulfillment services may disappoint near-term.</p>\n<h4>Outlook</h4>\n<p>No guidance for 2021 was provided. Although blowout results for the first quarter achieved to rekindle investor enthusiasm, writing another successful chapter in the post-IPO story of this Canadian e-commerce player, management is warning a slower growth pace is in the cards as the economy reopens and the pandemic finally becomes history.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AFRM":"Affirm Holdings, Inc.","SHOP":"Shopify Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2133521525","content_text":"Last Wednesday, Shopify (NYSE:SHOP) earnings, revenue and gross merchandise volume for the first quarter crushed analyst expectations As a result, shares of the stock soared 11.4% as e-commerce growth remained robust during the coronavirus pandemic.\nQ1 Figures\nFor the quarter that ended on March 31st, investors had expected Shopify to post $865.48 million but it delivered $988.6 million instead. This achievement was enabled by the 137% growth of the \"Merchant Solutions\" business that expanded even at an even faster pace during the quarter than the company's aggregate 110% growth rate. This segment that encompasses payments, shipping, and capital services brought $668 million to the table, exceeding estimates of $560 million. In addition, subscription solutions revenue rose 71% to $320.7 million, also exceeding estimates of $284 million.\nNet income was boosted by an unrealized gain of $1.3 billion from its partnership with Affirm Holdings Inc (NASDAQ:AFRM) which went public at the beginning of the year. Since last July, Shopify owns more than 20 million shares of the online payments company. It earned an adjusted $2.01 per share, including a $1.3 billion investment gain. Adjusted earnings were more than triple Wall Street's projected 75 cents per share.\nHow Sustainable Is The Pandemic Win?\nShopify became one of the biggest winners of the pandemic-fueled shift to e-commerce, as many brick-and-mortar stores were forced to temporarily shut down and people opted to stay indoors. The stock surged last year on the back of that momentum. However, upon the earnings call, Shopify executives said that even in areas where economies have reopened, there is proof that momentum remains strong as gross merchandise volume, the monetary-value of merchandise sold, more than doubled to $37.3 billion during the quarter.\nConcerns\nExecutives warned that revenue growth could moderate this year as the vaccine rollout speeds up and consumers return to stores due to eased coronavirus restrictions. Executive departures have also been a concern and some analysts are questioning whether the business has reached a scale where it is self-sustaining beyond the individual contributions of several executives.\nAnother concern is how will investments in sales, marketing and R&D impact the operating margin as the company is building a U.S. distribution network to store and ship products for its customers – the merchants. Morgan Stanley analyst Keith Weiss believes demand for fulfillment services may disappoint near-term.\nOutlook\nNo guidance for 2021 was provided. Although blowout results for the first quarter achieved to rekindle investor enthusiasm, writing another successful chapter in the post-IPO story of this Canadian e-commerce player, management is warning a slower growth pace is in the cards as the economy reopens and the pandemic finally becomes history.","news_type":1},"isVote":1,"tweetType":1,"viewCount":261,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195820975,"gmtCreate":1621277903097,"gmtModify":1634192865763,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/195820975","repostId":"1111524532","repostType":4,"repost":{"id":"1111524532","pubTimestamp":1621257362,"share":"https://www.laohu8.com/m/news/1111524532?lang=&edition=full","pubTime":"2021-05-17 21:16","market":"us","language":"en","title":"Sundial Growers Stock Seems To Have Bottomed Out and Ready To Move","url":"https://stock-news.laohu8.com/highlight/detail?id=1111524532","media":"InvestorPlace","summary":"An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock g","content":"<p>An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock gains</p>\n<p>It’s been a volatile year for&nbsp;<b>Sundial Growers</b>&nbsp;(NASDAQ:<b><u>SNDL</u></b>) stock. At the beginning of the year, SNDL stock was trading at 47 cents per share. With aggressive growth plans and hopes for Federal level legalization of cannabis, investors pushed SNDL stock to $3.96.</p>\n<p>It didn’t take time for the rally to fizzle out and after sustained correction, the shares currently trade at 70 cents a piece. It seems very likely that SNDL stock has bottomed out and current levels are attractive for fresh exposure.</p>\n<p>My view is underscored by the fact that Sundial’s losses widened in the first quarter of 2021 with the pandemic snuffing sales. However, SNDL stock remained sideways after the results were released.</p>\n<p>Let’s talk about the reasons for the big correction. First and foremost, profit-booking was likely after a sharp rally, which was partially speculative in nature. Furthermore, Sundial has been on a capital-raising spree to pay for its expansion plans. Equity dilution is another major reason for the big correction.</p>\n<p><b>Positive Triggers for SNDL Stock</b></p>\n<p>Now, about that capital raising spree. As of Q1 2021, Sundial reported cash and equivalents of $873.5 million. This cash buffer gives the company a lot of financial flexibility to pursue growth opportunities. Considering the current cash buffer, it seems unlikely that Sundial do anything to further dilute equity.</p>\n<p>On the organic growth front, Sundial reported revenue of $9.9 million for Q1 2021, which was lower by 29% as compared to Q4 2020. Growth was tempered by Covid-19. However, the company&nbsp;did manage to report its first positive EBITDA. If it can sustain the positive adjusted EBITDA, it’s a key upside trigger for SNDL stock.</p>\n<p>I also like the fact that branded cannabis sales were 74% of total sales. If sale of branded products remains robust, the company is positioned to deliver healthy EBITDA margin and cash flows.</p>\n<p>Beyond Q1 2021, I believe that the following factors are likely to ensure that the company’s growth is healthy in the coming quarters.</p>\n<p>In May 2021, the company announced the acquisition of&nbsp;<b>Inner Spirit Holdings</b>&nbsp;for a consideration of $131 million. The company is a franchiser and operator of retail cannabis stores in Canada.</p>\n<p>With 86 stores, the company has a significant footprint. It’s very likely that Sundial will leverage on the retail presence to sell the company’s branded inhalable products. It’s also important to note that for Q4 2020, Inner Spirit reported&nbsp;revenue of $9.2 million and an EBITDA margin of 19%. The acquisition is therefore likely to boost top-line growth coupled with margin expansion.</p>\n<p><b>Opportunities in the SunStream Bancorp JV</b></p>\n<p>Sundial has also a formed a 50-50 joint venture with&nbsp;<b>SAF Group</b>. The latter is a Canada-based alternative investment manager.</p>\n<p>Sundial had initially committed $100 million to the SunStream Bancorp JV. However, the&nbsp;commitment was recently raised to $188 million.</p>\n<p>The idea is to create a co-managed special opportunities global cannabis fund. The fund will create a portfolio of debt, equity and hybrid investments. I believe that the JV is likely to create long-term value.</p>\n<p>It’s worth noting that in Q1 2021, the company generated revenue of $15.7 million from cannabis-related portfolio investments.</p>\n<p>Once the JV has debt and equity investments, it’s likely to serve as a source of recurring revenue for the company. Sundial believes that there is a global pipeline of $500 million related to debt and equity opportunities. I would not be surprised if Sundial further increases the commitment to the JV.</p>\n<p><b>Concluding Views</b></p>\n<p>Sundial Growers is aggressively creating a broad portfolio of investments. Earlier this month, the companyacquired additional stakein&nbsp;<b>The Valens Company</b>&nbsp;(OTCMKTS:<b><u>VLNCF</u></b>), which is a developer and manufacturer of cannabinoid-based products. As the legal cannabis market continues to grow, these investments will deliver results.</p>\n<p>As the company continues to deploy its cash in growth and investing activities, revenue and EBITDA are likely to accelerate. Therefore, SNDL stock looks attractive after a big correction.</p>","source":"lsy1606302653667","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>Sundial Growers Stock Seems To Have Bottomed Out and Ready To Move</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\">\nSundial Growers Stock Seems To Have Bottomed Out and Ready To Move\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-17 21:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/sundial-growers-stock-seems-to-have-bottomed-out-and-ready-to-move/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock gains\nIt’s been a volatile year for Sundial Growers (NASDAQ:SNDL) stock. At the beginning of the year...</p>\n\n<a href=\"https://investorplace.com/2021/05/sundial-growers-stock-seems-to-have-bottomed-out-and-ready-to-move/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"source_url":"https://investorplace.com/2021/05/sundial-growers-stock-seems-to-have-bottomed-out-and-ready-to-move/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111524532","content_text":"An $873.5 million cash buffer will enable aggressive organic, inorganic growth and fuel SNDL stock gains\nIt’s been a volatile year for Sundial Growers (NASDAQ:SNDL) stock. At the beginning of the year, SNDL stock was trading at 47 cents per share. With aggressive growth plans and hopes for Federal level legalization of cannabis, investors pushed SNDL stock to $3.96.\nIt didn’t take time for the rally to fizzle out and after sustained correction, the shares currently trade at 70 cents a piece. It seems very likely that SNDL stock has bottomed out and current levels are attractive for fresh exposure.\nMy view is underscored by the fact that Sundial’s losses widened in the first quarter of 2021 with the pandemic snuffing sales. However, SNDL stock remained sideways after the results were released.\nLet’s talk about the reasons for the big correction. First and foremost, profit-booking was likely after a sharp rally, which was partially speculative in nature. Furthermore, Sundial has been on a capital-raising spree to pay for its expansion plans. Equity dilution is another major reason for the big correction.\nPositive Triggers for SNDL Stock\nNow, about that capital raising spree. As of Q1 2021, Sundial reported cash and equivalents of $873.5 million. This cash buffer gives the company a lot of financial flexibility to pursue growth opportunities. Considering the current cash buffer, it seems unlikely that Sundial do anything to further dilute equity.\nOn the organic growth front, Sundial reported revenue of $9.9 million for Q1 2021, which was lower by 29% as compared to Q4 2020. Growth was tempered by Covid-19. However, the company did manage to report its first positive EBITDA. If it can sustain the positive adjusted EBITDA, it’s a key upside trigger for SNDL stock.\nI also like the fact that branded cannabis sales were 74% of total sales. If sale of branded products remains robust, the company is positioned to deliver healthy EBITDA margin and cash flows.\nBeyond Q1 2021, I believe that the following factors are likely to ensure that the company’s growth is healthy in the coming quarters.\nIn May 2021, the company announced the acquisition of Inner Spirit Holdings for a consideration of $131 million. The company is a franchiser and operator of retail cannabis stores in Canada.\nWith 86 stores, the company has a significant footprint. It’s very likely that Sundial will leverage on the retail presence to sell the company’s branded inhalable products. It’s also important to note that for Q4 2020, Inner Spirit reported revenue of $9.2 million and an EBITDA margin of 19%. The acquisition is therefore likely to boost top-line growth coupled with margin expansion.\nOpportunities in the SunStream Bancorp JV\nSundial has also a formed a 50-50 joint venture with SAF Group. The latter is a Canada-based alternative investment manager.\nSundial had initially committed $100 million to the SunStream Bancorp JV. However, the commitment was recently raised to $188 million.\nThe idea is to create a co-managed special opportunities global cannabis fund. The fund will create a portfolio of debt, equity and hybrid investments. I believe that the JV is likely to create long-term value.\nIt’s worth noting that in Q1 2021, the company generated revenue of $15.7 million from cannabis-related portfolio investments.\nOnce the JV has debt and equity investments, it’s likely to serve as a source of recurring revenue for the company. Sundial believes that there is a global pipeline of $500 million related to debt and equity opportunities. I would not be surprised if Sundial further increases the commitment to the JV.\nConcluding Views\nSundial Growers is aggressively creating a broad portfolio of investments. Earlier this month, the companyacquired additional stakein The Valens Company (OTCMKTS:VLNCF), which is a developer and manufacturer of cannabinoid-based products. As the legal cannabis market continues to grow, these investments will deliver results.\nAs the company continues to deploy its cash in growth and investing activities, revenue and EBITDA are likely to accelerate. Therefore, SNDL stock looks attractive after a big correction.","news_type":1},"isVote":1,"tweetType":1,"viewCount":346,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196999925,"gmtCreate":1621003109367,"gmtModify":1631885081548,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>up","text":"$Walt Disney(DIS)$up","images":[{"img":"https://static.tigerbbs.com/03339e87e8825cd12d4d21704e2bf59e","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/196999925","isVote":1,"tweetType":1,"viewCount":330,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":102448861,"gmtCreate":1620237965453,"gmtModify":1634206767489,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"Tell me your opinion about this news...","listText":"Tell me your opinion about this news...","text":"Tell me your opinion about this news...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/102448861","repostId":"1131387668","repostType":4,"repost":{"id":"1131387668","pubTimestamp":1620228331,"share":"https://www.laohu8.com/m/news/1131387668?lang=&edition=full","pubTime":"2021-05-05 23:25","market":"us","language":"en","title":"This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?","url":"https://stock-news.laohu8.com/highlight/detail?id=1131387668","media":"benzinga","summary":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against t","content":"<p>Shares of<b>BioNTech SE</b>, which&nbsp;partnered with<b>Pfizer Inc.</b>&nbsp;in successfully developing a vaccine against the coronavirus, have been gaining ground.</p>\n<p><b>BioNTech's Price Action:</b>BioNTech and its partner Pfizerreceived in mid-Decemberauthorization for emergency use of the&nbsp;BNT162b2 mRNA vaccine&nbsp;against the novel coronavirus that causes COVID-19.</p>\n<p>BioNTech's shares, which rallied to a high of $131 ahead of the FDA decision, gave back part of the gains in a ‘buy-the-rumor, sell-the-news' move. The stock ended 2020 at $81.52, about 38% off the intraday high for the year.</p>\n<p>The German vaccine maker's stock picked up momentum early in 2021, breaching&nbsp;the $100 psychological resistance level on Jan. 8 and trading&nbsp;in a $100-$120 range until early March.</p>\n<p>The marketwide selloff in March did not spare BioNTech, with the stock dropping below $100 for a few sessions before climbing back again. The stock was locked in a lackluster phase until the end of March.</p>\n<p>Come April, the trend began to change. In the very first session of April, the stock rose over 4% and moved steadily higher through the month. In April alone, the stock added 72.4%.</p>\n<p>To put things in perspective, if an investor had invested $1,000 in BioNTech shares at the end of March, their investment would now be worth $1,909.46 (using the intraday high of $207.55 hit on Monday). This would mean nearly doubling the investment in a span of a month.</p>\n<p><b>What's Behind The BioNTech Rally:</b>The stock has been supported by the intermittent news flow regarding the company's vaccine.</p>\n<p>In late March, the companies reported positive top-line results from a study evaluating the vaccine in adolescents.</p>\n<p>On April 1, BioNTech and Pfizer reported data on BNT162b2 following six months of follow-up that confirmed its efficacy and safety.</p>\n<p>The companies announced April 9 a request to the FDA to authorize&nbsp;expanded use of the vaccine in adolescents ages&nbsp;12-15.</p>\n<p>The FDA'sdecisionto temporarily pause the use of<b>Johnson &amp; Johnson's</b>JNJ 0.2%vaccine also proved positive for BioNTech, which added about 7% on April 13&nbsp;when the pause was announced.</p>\n<p>In mid-April, the companies announced an agreement with the European Union to supply 100 million doses of BNT162b2, which is named Comirnaty in Europe, in 2021. With that, the total number of doses delivered to the EU is 600 million.</p>\n<p>Last week, a request was submitted to the EU to expand conditional marketing authorization to adolescents in the EU.</p>\n<p><b>What Lies Ahead For BioNTech Stock?</b>BNT162b2 is expected to continue to boost BioNTech's top-line. Having delivered 200 million doses by the end of March, the company has signed orders for supplying 1.4 billion doses in 2021.</p>\n<p>Pfizer and BioNTech plan to boost the manufacturing capacity for&nbsp;the vaccine to 2.5 billion doses by the end of 2021.</p>\n<p>\"BioNTech and Pfizer will be the standout leader in COVID-19 vaccination globally, with demand increasing for the 2.5Bn doses they are targeting to manufacture in 2021,\" SVB Leerink analyst Daina Graybosch said in a note.</p>\n<p>With the second wave of the COVID-19 pandemic now sweeping across several nations, the&nbsp;companies have a lucrative opportunity.&nbsp;The companies have also proved the efficacy of the&nbsp;vaccine against variants.</p>\n<p>Once the pandemic phase passes, the vaccine has scope for use in endemic setting.</p>\n<p>More importantly, BioNTech is not a one-trick pony. The company has a broad oncology pipeline&nbsp;consisting of 13 product candidates.</p>\n<p>Weighing in all the opportunities, further upside in the stock cannot be ruled out.</p>\n<p><b>BNTX Price Action:</b>At last check, BioNTech shares were rising 8.2% to $191.38.</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>This COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?</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\">\nThis COVID-19 Vaccine Stock Quietly Soared 75% In April: Is There More Upside Ahead?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 23:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BNTX":"BioNTech SE"},"source_url":"https://www.benzinga.com/general/biotech/21/05/20918917/this-covid-19-vaccine-stock-quietly-soared-75-in-april-is-there-more-upside-ahead","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131387668","content_text":"Shares ofBioNTech SE, which partnered withPfizer Inc. in successfully developing a vaccine against the coronavirus, have been gaining ground.\nBioNTech's Price Action:BioNTech and its partner Pfizerreceived in mid-Decemberauthorization for emergency use of the BNT162b2 mRNA vaccine against the novel coronavirus that causes COVID-19.\nBioNTech's shares, which rallied to a high of $131 ahead of the FDA decision, gave back part of the gains in a ‘buy-the-rumor, sell-the-news' move. The stock ended 2020 at $81.52, about 38% off the intraday high for the year.\nThe German vaccine maker's stock picked up momentum early in 2021, breaching the $100 psychological resistance level on Jan. 8 and trading in a $100-$120 range until early March.\nThe marketwide selloff in March did not spare BioNTech, with the stock dropping below $100 for a few sessions before climbing back again. The stock was locked in a lackluster phase until the end of March.\nCome April, the trend began to change. In the very first session of April, the stock rose over 4% and moved steadily higher through the month. In April alone, the stock added 72.4%.\nTo put things in perspective, if an investor had invested $1,000 in BioNTech shares at the end of March, their investment would now be worth $1,909.46 (using the intraday high of $207.55 hit on Monday). This would mean nearly doubling the investment in a span of a month.\nWhat's Behind The BioNTech Rally:The stock has been supported by the intermittent news flow regarding the company's vaccine.\nIn late March, the companies reported positive top-line results from a study evaluating the vaccine in adolescents.\nOn April 1, BioNTech and Pfizer reported data on BNT162b2 following six months of follow-up that confirmed its efficacy and safety.\nThe companies announced April 9 a request to the FDA to authorize expanded use of the vaccine in adolescents ages 12-15.\nThe FDA'sdecisionto temporarily pause the use ofJohnson & Johnson'sJNJ 0.2%vaccine also proved positive for BioNTech, which added about 7% on April 13 when the pause was announced.\nIn mid-April, the companies announced an agreement with the European Union to supply 100 million doses of BNT162b2, which is named Comirnaty in Europe, in 2021. With that, the total number of doses delivered to the EU is 600 million.\nLast week, a request was submitted to the EU to expand conditional marketing authorization to adolescents in the EU.\nWhat Lies Ahead For BioNTech Stock?BNT162b2 is expected to continue to boost BioNTech's top-line. Having delivered 200 million doses by the end of March, the company has signed orders for supplying 1.4 billion doses in 2021.\nPfizer and BioNTech plan to boost the manufacturing capacity for the vaccine to 2.5 billion doses by the end of 2021.\n\"BioNTech and Pfizer will be the standout leader in COVID-19 vaccination globally, with demand increasing for the 2.5Bn doses they are targeting to manufacture in 2021,\" SVB Leerink analyst Daina Graybosch said in a note.\nWith the second wave of the COVID-19 pandemic now sweeping across several nations, the companies have a lucrative opportunity. The companies have also proved the efficacy of the vaccine against variants.\nOnce the pandemic phase passes, the vaccine has scope for use in endemic setting.\nMore importantly, BioNTech is not a one-trick pony. The company has a broad oncology pipeline consisting of 13 product candidates.\nWeighing in all the opportunities, further upside in the stock cannot be ruled out.\nBNTX Price Action:At last check, BioNTech shares were rising 8.2% to $191.38.","news_type":1},"isVote":1,"tweetType":1,"viewCount":267,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":139767093,"gmtCreate":1621659691612,"gmtModify":1631889071188,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>Upup","listText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>Upup","text":"$OUE COMMERCIAL REIT(TS0U.SI)$Upup","images":[{"img":"https://static.tigerbbs.com/7464cdcd2d946257f668dee9c265356f","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/139767093","isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":198318222,"gmtCreate":1620925512666,"gmtModify":1634195228663,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/198318222","repostId":"1139650826","repostType":4,"repost":{"id":"1139650826","pubTimestamp":1620918825,"share":"https://www.laohu8.com/m/news/1139650826?lang=&edition=full","pubTime":"2021-05-13 23:13","market":"us","language":"en","title":"China’s New National EV Battery Swap Standard Is Great News for Nio Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1139650826","media":"InvestorPlace","summary":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) h","content":"<blockquote>\n New safety regulations governing BaaS are good news for NIO stock.\n</blockquote>\n<p>Chinese EV maker<b>Nio</b>&nbsp;(NYSE:<b><u>NIO</u></b>) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?</p>\n<p>With a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.</p>\n<p>Does that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.</p>\n<p><b>What Is BaaS?</b></p>\n<p>Nio isn’t the first EV company to introduce the idea of battery swapping. Israel’s<b>Better Place</b>was an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.</p>\n<p>Nio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.</p>\n<p>Nio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.</p>\n<p>As of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.</p>\n<p><b>The New Battery Swap Safety Standard</b></p>\n<p>This takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.</p>\n<p>If it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?</p>\n<p>Far from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.</p>\n<p>If anything, having the safety standard in place is going to make Chinese consumers<i>more</i>likely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.</p>\n<p><b>Bottom Line on NIO Stock</b></p>\n<p>NIO stock has an ‘A’ rating in<i>Portfolio Grader</i>. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.</p>\n<p>Having the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.</p>\n<p>Now trading around $34, NIO shares are more tempting than ever.</p>\n<p><i>On the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.</i></p>","source":"lsy1606302653667","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>China’s New National EV Battery Swap Standard Is Great News for Nio Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina’s New National EV Battery Swap Standard Is Great News for Nio Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 23:13 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a ...</p>\n\n<a href=\"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://investorplace.com/2021/05/chinas-new-national-ev-battery-swap-standard-is-great-news-for-nio-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139650826","content_text":"New safety regulations governing BaaS are good news for NIO stock.\n\nChinese EV makerNio (NYSE:NIO) has been in a strong position over the past year. Its current stock price — down roughly 45% from a February all-time high — may not reflect that, but Nio is humming. The company is churning out EVs at a record pace, it has expanded beyond SUVs and crossovers with a new sedan and its Battery as a Service (BaaS) is making waves. That brings us to an interesting issue. The Chinese government has just announced the country’s first national battery swap safety standard. What does this news mean for NIO stock?\nWith a national standard in place, that suggests the possibility that other EV makers are moving toward the idea of battery swapping. If they did, Nio would lose its BaaS advantage.\nDoes that mean more pain in store for slumping NIO stock? While there may indeed end up being more players, I think the new regulations will have the opposite effect.\nWhat Is BaaS?\nNio isn’t the first EV company to introduce the idea of battery swapping. Israel’sBetter Placewas an EV maker that used the same strategy. The companybuilt dozens of robotic battery swapping stations in roadside service centers. They could replace the battery in a Better Place car in under five minutes. However, in this case the EV market was just too new, and the technology too costly. Those battery swapping stations that were projected to cost $500,000 each ended up costing $2 million a pop. Better Place went belly up in 2013.\nNio has correctly surmised that battery swapping will be more popular in China. In comparison to countries like the U.S., where single-family zoning “is practically gospel,” huge residential buildings dominate China’s megacities. Adding a charge station to a single-family home is no big deal. Adding enough charge stations to a massive residential tower to support all the EV owners who live there? That’s a big challenge. Battery swapping stations make sense in this situation.\nNio’s version of battery swapping is a more developed version of what Better Place attempted. At the time itlaunched BaaS in August 2020, Nio owned over 1,200 patents related to battery swapping. It had already built a network of 143 battery swap stations across China. In addition, the company positioned BaaS as a strong incentive for customers. They can save thousands of dollars off the purchase price of their Nio EV by instead paying a monthly battery fee. This also gives them the flexibility to opt for batteries of a different capacity if their needs change.\nAs of March, Nio had reportedlycompleted over 1.1 million battery exchangesand was on track to have 500 battery swap stations online by the end of this year. There is no doubt that BaaS has been a big part of the growth in NIO stock, which accelerated last fall.\nThe New Battery Swap Safety Standard\nThis takes us to the recent announcement that the Chinese government has approved theNational Standard for Battery Swap Safety Requirements for Electric Vehicles, which will go into effect on Nov. 1. A national standard comes with the implication that other EV companies are making the move to battery swapping.\nIf it were to lose its advantage as the only mainstream Chinese EV maker to offer BaaS, does that spell trouble for Nio?\nFar from it. Nio was actually part of the drafting of these regulations. The rules are specific to issues like safety, design and environmental issues. For example, EVs using snap-on batteries must be able to support at least 5,000 battery swaps.\nIf anything, having the safety standard in place is going to make Chinese consumersmorelikely to choose Nio and BaaS over a traditional, plug-in to charge EVs. Safety standards lead to consumer confidence.\nBottom Line on NIO Stock\nNIO stock has an ‘A’ rating inPortfolio Grader. This is a leading player in the Chinese EV market that hashad its issues in the past, but is now humming.\nHaving the Chinese government issue regulations that add even more legitimacy to its BaaS is only good news. I’ve said before that its current slump makes NIO stocka great opportunityto pick up an EV stock with long-term growth written all over it. That still stands.\nNow trading around $34, NIO shares are more tempting than ever.\nOn the date of publication, Louis Navellier had a long position in NIO. Louis Navellier did not have (either directly or indirectly) any other positions in the securities mentioned in this article. InvestorPlace Research Staff member primarily responsible for this article did not hold (either directly or indirectly) any positions in the securities mentioned in this article.","news_type":1},"isVote":1,"tweetType":1,"viewCount":286,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107919159,"gmtCreate":1620438316271,"gmtModify":1631889071190,"author":{"id":"3581858950719595","authorId":"3581858950719595","name":"SoonHua","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":9,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581858950719595","authorIdStr":"3581858950719595"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>Upup","listText":"<a href=\"https://laohu8.com/S/TS0U.SI\">$OUE COMMERCIAL REIT(TS0U.SI)$</a>Upup","text":"$OUE COMMERCIAL 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