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2021-05-11

$GameStop(GME)$So um should I pull out?

2021-05-13

Tesla has always been one of the more consistent ones so I’ll wait.

Tesla: Beware Of The Unwinding Of The Gamma Squeeze

2021-04-15

Lmao

GameStop’s Shakeup Will Do Little to Alleviate Its Woes

2021-05-03

Give it time. It will hopefully increase evantually.

New meme stocks swing as shorts and retail investors face off again

2021-05-13

Hmm

Bilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)

2021-05-13

I agree. Please sell. [Smile]

3 Compelling Reasons to Avoid AMC Stock

2021-04-28

Fb’s a scam imo.

Facebook Reports Earnings Wednesday. Here Is What to Expect.

2021-05-10

$GameStop(GME)$When will this change?

2021-05-03

$GameStop(GME)$At least it is holding...

2021-05-10

Eh?

Ford recalls 661,000 Explorer SUVs in North America

2021-03-18

Does any1 know this tldr?

The Fed plans to keep interest rates low -- so why do interest rates keep rising?

2021-03-26

The question is what height will it reach?

GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened

2021-03-25

And...?

China proposes global rules for central bank digital currencies

2021-05-04

Tfw i only found about the divorce because stonks

Bill and Melinda Gates are getting divorced. Here are some stocks they owned

2021-05-04

$GameStop(GME)$Ok fr should i sell?

2021-04-20

What are they doing with the shares?

AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick

2021-04-20

So um

2021-03-29

When you say hedge funds it kind of takes off some credibility...

Hedge Fund CIO: "Sinners Have Become The System And Will Be Eternally Supported By Policy"

2021-03-26

And?

抱歉，原内容已删除

2021-03-25

What?

Weekly jobless claims tumble to lowest level in more than a year

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Please sell. [Smile]&nbsp;","listText":"I agree. Please sell. [Smile]&nbsp;","text":"I agree. Please sell. [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191483097","repostId":"1186620588","repostType":4,"repost":{"id":"1186620588","kind":"news","pubTimestamp":1620915120,"share":"https://www.laohu8.com/m/news/1186620588?lang=&edition=full","pubTime":"2021-05-13 22:12","market":"us","language":"en","title":"3 Compelling Reasons to Avoid AMC Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1186620588","media":"InvestorPlace","summary":"Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic pl","content":"<blockquote><b>Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.</b></blockquote><p>The pandemic hasn’t been easy for anyone, but it has been the toughest for<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.</p><p><img src=\"https://static.tigerbbs.com/8f6efae0485c393819ccba85f126d7f7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Helen89 / Shutterstock.com</p><p>The stock went from $2 to hit a high of $20 in January 2021 but has fallen since then. It continues to attract speculative interest and has risen significantly since the beginning of 2021. AMC stock is currently exchanging hands at $10.34, as of midday May 12, but I do not think the stock is worth your money nor your time. There is a lot going wrong for AMC and it may have been able to avoid bankruptcy, but its fundamentals are shaky. With that in mind, let’s take a look at the 3 reasons to avoid AMC stock.</p><p><b>Poor Fundamentals</b></p><p>AMC Entertainment recentlyreported the first quarter earnings&nbsp;and it incurred a loss of $567.2 million. Despite reopening most of its treaters, the company reported a loss of $1.42 a share which is higher than the $1.31 expected by the analysts. The revenue stood at $148.3 million which is a huge decline from the first quarter in 2020 while the cash balance was $813 million.</p><p>Even before the pandemic, the company’s business was flat. Even if we assume that moviegoers head to the theatres in the coming quarter, we must not expect impressive sales or revenue numbers.</p><p>It may take the entire year for the company to report strong revenue numbers. Considering the current capacity restraints, it is hard to expect the company to generate higher revenue and sales.</p><p><b>Heavy dilution</b></p><p>To survive the pandemic, AMC Entertainment has been burning a significant amount of cash and it has raised the cash through dilution. It may work well for the company but is harming the shareholders.</p><p>The company had earlier proposed the issue of 500 shares but scrapped it for the year and is planning to issue another 43 million shares. The company has quadrupled the share count in 2020. With each dilution, shareholders are losing value and investors are losing interest in the company. If AMC continues todilute the shares, there will be fewer takers for AMC stock in the future because it is a no-win scenario for investors.</p><p><b>Stiff competition</b></p><p>One cannot deny the fact that AMC Entertainment has stiff competition to handle. With a surge in OTT platforms and changing preferences of consumers, the theatre chain may not enjoy full movie rights from studios. Its biggest competition is with<b>Disney</b>&nbsp;(NYSE:<b><u>DIS</u></b>) who is making strong moves to continue using the Disney+ streaming service for new movies. It has entered into anagreement with Sonyfor the streaming of movies after the theatrical releases.</p><p>Consumers will be less willing to pay for a movie they can watch from the comfort of their homes. Several OTT platforms will be directly releasing movies without giving them a theatrical launch. Most of us are used to spending time at home and we have become accustomed to enjoying entertainment on our couches. Who would be willing to pay for a movie that is available at your home at your convenience?</p><p><b>The bottom line on AMC stock</b></p><p>If you are looking for a post-pandemic play, avoid AMC stock. There are several other options to consider.</p><p>Weak financials and changing consumer preferences make AMC a poor choice. The company will continue to face competition in the future, and will have to fight for a smaller number of customers to generate revenues. It could maintain a presence in the market and may even go high based on speculation, but it will not last long enough to generate higher revenues.</p><p>In short, avoid AMC stock this year.</p><p><i>On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article.</i></p><p>AMC rose nearly 13% in early market trading.</p><p><img src=\"https://static.tigerbbs.com/b44c7994990a17ad22e1db8d6a10a4b8\" tg-width=\"769\" tg-height=\"564\"></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>3 Compelling Reasons to Avoid AMC 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\">\n3 Compelling Reasons to Avoid AMC Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.The pandemic hasn’t been easy for anyone, but it has been the toughest forAMC Entertainment(NYSE:...</p>\n\n<a href=\"https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186620588","content_text":"Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.The pandemic hasn’t been easy for anyone, but it has been the toughest forAMC Entertainment(NYSE:AMC). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.Source: Helen89 / Shutterstock.comThe stock went from $2 to hit a high of $20 in January 2021 but has fallen since then. It continues to attract speculative interest and has risen significantly since the beginning of 2021. AMC stock is currently exchanging hands at $10.34, as of midday May 12, but I do not think the stock is worth your money nor your time. There is a lot going wrong for AMC and it may have been able to avoid bankruptcy, but its fundamentals are shaky. With that in mind, let’s take a look at the 3 reasons to avoid AMC stock.Poor FundamentalsAMC Entertainment recentlyreported the first quarter earnings and it incurred a loss of $567.2 million. Despite reopening most of its treaters, the company reported a loss of $1.42 a share which is higher than the $1.31 expected by the analysts. The revenue stood at $148.3 million which is a huge decline from the first quarter in 2020 while the cash balance was $813 million.Even before the pandemic, the company’s business was flat. Even if we assume that moviegoers head to the theatres in the coming quarter, we must not expect impressive sales or revenue numbers.It may take the entire year for the company to report strong revenue numbers. Considering the current capacity restraints, it is hard to expect the company to generate higher revenue and sales.Heavy dilutionTo survive the pandemic, AMC Entertainment has been burning a significant amount of cash and it has raised the cash through dilution. It may work well for the company but is harming the shareholders.The company had earlier proposed the issue of 500 shares but scrapped it for the year and is planning to issue another 43 million shares. The company has quadrupled the share count in 2020. With each dilution, shareholders are losing value and investors are losing interest in the company. If AMC continues todilute the shares, there will be fewer takers for AMC stock in the future because it is a no-win scenario for investors.Stiff competitionOne cannot deny the fact that AMC Entertainment has stiff competition to handle. With a surge in OTT platforms and changing preferences of consumers, the theatre chain may not enjoy full movie rights from studios. Its biggest competition is withDisney (NYSE:DIS) who is making strong moves to continue using the Disney+ streaming service for new movies. It has entered into anagreement with Sonyfor the streaming of movies after the theatrical releases.Consumers will be less willing to pay for a movie they can watch from the comfort of their homes. Several OTT platforms will be directly releasing movies without giving them a theatrical launch. Most of us are used to spending time at home and we have become accustomed to enjoying entertainment on our couches. Who would be willing to pay for a movie that is available at your home at your convenience?The bottom line on AMC stockIf you are looking for a post-pandemic play, avoid AMC stock. There are several other options to consider.Weak financials and changing consumer preferences make AMC a poor choice. The company will continue to face competition in the future, and will have to fight for a smaller number of customers to generate revenues. It could maintain a presence in the market and may even go high based on speculation, but it will not last long enough to generate higher revenues.In short, avoid AMC stock this year.On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article.AMC rose nearly 13% in early market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191489672,"gmtCreate":1620898415596,"gmtModify":1631883990294,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Tesla has always been one of the more consistent ones so I’ll wait.&nbsp;","listText":"Tesla has always been one of the more consistent ones so I’ll wait.&nbsp;","text":"Tesla has always been one of the more consistent ones so I’ll wait.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/191489672","repostId":"1139120087","repostType":2,"repost":{"id":"1139120087","kind":"news","pubTimestamp":1620802870,"share":"https://www.laohu8.com/m/news/1139120087?lang=&edition=full","pubTime":"2021-05-12 15:01","market":"us","language":"en","title":"Tesla: Beware Of The Unwinding Of The Gamma Squeeze","url":"https://stock-news.laohu8.com/highlight/detail?id=1139120087","media":"seekingalpha","summary":"Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.In the company’s recent earnings call, Tesla  CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.Despite the low-profit margins and past failed attempts by the likes o","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.</li>\n <li>Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.</li>\n <li>Intense competition in key markets and construction delay at the German factory do not help.</li>\n <li>Selling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.</li>\n</ul>\n<p>The automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.</p>\n<p>In the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.</p>\n<p>Despite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.</p>\n<p>However, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.</p>\n<p>The EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.</p>\n<p>Against this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:</p>\n<ul>\n <li>Adverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market</li>\n <li>Increasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities</li>\n <li>Construction delays at the German factory</li>\n <li>Intense competition from legacy automakers in its key markets</li>\n</ul>\n<p>But there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.</p>\n<p>Option hedging has a significant impact on Tesla’s share price</p>\n<p>Typical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.</p>\n<p><b>Delta hedging and the gamma squeeze</b></p>\n<p>When option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.</p>\n<p>The value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.</p>\n<p><img src=\"https://static.tigerbbs.com/1f6fe1d60b7cacf9eece9460c672dc8f\" tg-width=\"640\" tg-height=\"408\"><i>Variation of option price with share price and expiry: Data sourced from Option Council</i></p>\n<p>Last year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.</p>\n<p>If the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.</p>\n<p>This additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.</p>\n<p><b>Option expiry and the unwinding of the gamma squeeze</b></p>\n<p>As the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.</p>\n<p>If the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.</p>\n<p>Selling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)</p>\n<p>If option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.</p>\n<p><b>The effect of short expiry versus long expiry options</b></p>\n<p>Most weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.</p>\n<p>But the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.</p>\n<p>Based on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:</p>\n<p><img src=\"https://static.tigerbbs.com/f47d2184c62ffb8f38c4cc633baac772\" tg-width=\"640\" tg-height=\"353\"><i>Open interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.</i></p>\n<p>If this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.</p>\n<p>This does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.</p>\n<p><b>A falling share price generates downward gamma</b></p>\n<p>In addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.</p>\n<p>If you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.</p>\n<p><b>Summary and Conclusion</b></p>\n<p>There is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.</p>\n<p>Options trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.</p>\n<p><b>A note about data source and possible inaccuracies</b></p>\n<p>All the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.</p>\n<p>Option open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.</p>\n<p>However, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.</p>\n<p>I hold a very small position in July puts.</p>","source":"seekingalpha","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>Tesla: Beware Of The Unwinding Of The Gamma Squeeze</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\">\nTesla: Beware Of The Unwinding Of The Gamma Squeeze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 15:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety...</p>\n\n<a href=\"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139120087","content_text":"Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.\nIntense competition in key markets and construction delay at the German factory do not help.\nSelling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.\n\nThe automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.\nIn the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.\nDespite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.\nHowever, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.\nThe EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.\nAgainst this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:\n\nAdverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market\nIncreasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities\nConstruction delays at the German factory\nIntense competition from legacy automakers in its key markets\n\nBut there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.\nOption hedging has a significant impact on Tesla’s share price\nTypical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.\nDelta hedging and the gamma squeeze\nWhen option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.\nThe value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.\nVariation of option price with share price and expiry: Data sourced from Option Council\nLast year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.\nIf the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.\nThis additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.\nOption expiry and the unwinding of the gamma squeeze\nAs the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.\nIf the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.\nSelling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)\nIf option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.\nThe effect of short expiry versus long expiry options\nMost weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.\nBut the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.\nBased on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:\nOpen interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.\nIf this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.\nThis does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.\nA falling share price generates downward gamma\nIn addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.\nIf you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.\nSummary and Conclusion\nThere is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.\nOptions trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.\nA note about data source and possible inaccuracies\nAll the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.\nOption open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.\nHowever, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.\nI hold a very small position in July puts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191480498,"gmtCreate":1620898390514,"gmtModify":1634195466043,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/191480498","repostId":"1147949263","repostType":4,"repost":{"id":"1147949263","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620897039,"share":"https://www.laohu8.com/m/news/1147949263?lang=&edition=full","pubTime":"2021-05-13 17:10","market":"us","language":"en","title":"Bilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)","url":"https://stock-news.laohu8.com/highlight/detail?id=1147949263","media":"Tiger Newspress","summary":"Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a lea","content":"<p>Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.</p><p><b>First Quarter 2021 Highlights:</b></p><ul><li><b>Total net revenues</b>reached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.</li><li><b>Average monthly active users (MAUs)</b>reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.</li><li><b>Average daily active users (DAUs)</b>reached 60.1 million, an 18% increase from the same period in 2020.</li><li><b>Average monthly paying users (MPUs1)</b>reached 20.5 million, a 53% increase from the same period in 2020.</li></ul><p>“We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.”</p><p>Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.”</p><p><b>First Quarter 2021 Financial Results</b></p><p><b>Total net revenues.</b>Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020.</p><p><i>Mobile games.</i>Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020.</p><p><i>Value-added services (VAS).</i>Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.</p><p><i>Advertising.</i>Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.</p><p><i>E-commerce and others.</i>Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.</p><p><b>Cost of revenues.</b>Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020.</p><p><b>Gross profit.</b>Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues.</p><p><b>Total operating expenses.</b>Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020.</p><p><i>Sales and marketing expenses.</i>Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel.</p><p><i>General and administrative expenses.</i>General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.</p><p><i>Research and development expenses.</i>Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.</p><p><b>Loss from operations.</b>Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020.</p><p><b>Income tax expense.</b>Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020.</p><p><b>Net loss.</b>Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020.</p><p><b>Adjusted net loss2.</b>Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020.</p><p><b>Basic and diluted EPS and adjustedbasic and diluted EPS2</b>. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020.</p><p><b>Cash and cash equivalents, time deposits and short-term investments.</b>As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020.</p><p><b>Secondary Listing in Hong Kong</b></p><p>On March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion.</p><p><b>Outlook</b></p><p>For the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion.</p><p>The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic.</p><p>1The paying users&nbsp;refer to users who make payments for various products and services on our platform, including purchases in games&nbsp;and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates.</p><p>2Adjusted net loss and adjusted&nbsp;basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement.</p><p>Bilibili&nbsp;rose 1.49% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/7fe5891901fba19e1fa9ad449596e068\" tg-width=\"766\" tg-height=\"494\"></p><p></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>Bilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)</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\">\nBilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-13 17:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.</p><p><b>First Quarter 2021 Highlights:</b></p><ul><li><b>Total net revenues</b>reached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.</li><li><b>Average monthly active users (MAUs)</b>reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.</li><li><b>Average daily active users (DAUs)</b>reached 60.1 million, an 18% increase from the same period in 2020.</li><li><b>Average monthly paying users (MPUs1)</b>reached 20.5 million, a 53% increase from the same period in 2020.</li></ul><p>“We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.”</p><p>Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.”</p><p><b>First Quarter 2021 Financial Results</b></p><p><b>Total net revenues.</b>Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020.</p><p><i>Mobile games.</i>Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020.</p><p><i>Value-added services (VAS).</i>Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.</p><p><i>Advertising.</i>Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.</p><p><i>E-commerce and others.</i>Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.</p><p><b>Cost of revenues.</b>Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020.</p><p><b>Gross profit.</b>Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues.</p><p><b>Total operating expenses.</b>Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020.</p><p><i>Sales and marketing expenses.</i>Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel.</p><p><i>General and administrative expenses.</i>General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.</p><p><i>Research and development expenses.</i>Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.</p><p><b>Loss from operations.</b>Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020.</p><p><b>Income tax expense.</b>Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020.</p><p><b>Net loss.</b>Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020.</p><p><b>Adjusted net loss2.</b>Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020.</p><p><b>Basic and diluted EPS and adjustedbasic and diluted EPS2</b>. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020.</p><p><b>Cash and cash equivalents, time deposits and short-term investments.</b>As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020.</p><p><b>Secondary Listing in Hong Kong</b></p><p>On March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion.</p><p><b>Outlook</b></p><p>For the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion.</p><p>The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic.</p><p>1The paying users&nbsp;refer to users who make payments for various products and services on our platform, including purchases in games&nbsp;and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates.</p><p>2Adjusted net loss and adjusted&nbsp;basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement.</p><p>Bilibili&nbsp;rose 1.49% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/7fe5891901fba19e1fa9ad449596e068\" tg-width=\"766\" tg-height=\"494\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BILI":"哔哩哔哩","09626":"哔哩哔哩-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147949263","content_text":"Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.First Quarter 2021 Highlights:Total net revenuesreached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.Average monthly active users (MAUs)reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.Average daily active users (DAUs)reached 60.1 million, an 18% increase from the same period in 2020.Average monthly paying users (MPUs1)reached 20.5 million, a 53% increase from the same period in 2020.“We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.”Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.”First Quarter 2021 Financial ResultsTotal net revenues.Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020.Mobile games.Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020.Value-added services (VAS).Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.Advertising.Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.E-commerce and others.Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.Cost of revenues.Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020.Gross profit.Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues.Total operating expenses.Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020.Sales and marketing expenses.Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel.General and administrative expenses.General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.Research and development expenses.Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.Loss from operations.Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020.Income tax expense.Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020.Net loss.Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020.Adjusted net loss2.Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020.Basic and diluted EPS and adjustedbasic and diluted EPS2. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020.Cash and cash equivalents, time deposits and short-term investments.As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020.Secondary Listing in Hong KongOn March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion.OutlookFor the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion.The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic.1The paying users refer to users who make payments for various products and services on our platform, including purchases in games and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates.2Adjusted net loss and adjusted basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement.Bilibili rose 1.49% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":199751989,"gmtCreate":1620736249641,"gmtModify":1634196737680,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>So um should I pull out?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>So um should I pull out?","text":"$GameStop(GME)$So um should I pull out?","images":[{"img":"https://static.tigerbbs.com/f3e4ad1cd40fa5f97b7021145d4df2a6","width":"1242","height":"1767"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":13,"repostSize":0,"link":"https://laohu8.com/post/199751989","isVote":1,"tweetType":1,"viewCount":2346,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575764178135145","authorId":"3575764178135145","name":"MaRo","avatar":"https://static.tigerbbs.com/8c7022bbcac13197c84f0d963050133e","crmLevel":3,"crmLevelSwitch":0,"idStr":"3575764178135145","authorIdStr":"3575764178135145"},"content":"HODL住，会上月球的","text":"HODL住，会上月球的","html":"HODL住，会上月球的"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190672480,"gmtCreate":1620620173940,"gmtModify":1634197629002,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>When will this change?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>When will this change?","text":"$GameStop(GME)$When will this change?","images":[{"img":"https://static.tigerbbs.com/d878c69e46a2f043ce53119d0bb6747e","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190672480","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190676129,"gmtCreate":1620620130461,"gmtModify":1634197630429,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Eh?","listText":"Eh?","text":"Eh?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190676129","repostId":"1165396592","repostType":4,"repost":{"id":"1165396592","kind":"news","pubTimestamp":1620615809,"share":"https://www.laohu8.com/m/news/1165396592?lang=&edition=full","pubTime":"2021-05-10 11:03","market":"us","language":"en","title":"Ford recalls 661,000 Explorer SUVs in North America","url":"https://stock-news.laohu8.com/highlight/detail?id=1165396592","media":"Reuters","summary":"WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North Am","content":"<p>WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail covers to detach from the vehicle.</p><p>The recall covers 2016 through 2019 model year vehicles. Dealers will install push-pins and replace any damaged rail clips and roof rail covers.</p><p>The second-largest U.S. automaker said in documents https://static.nhtsa.gov/odi/rcl/2021/RMISC-21V316-0418.pdf posted Sunday that the National Highway Traffic Safety Administration first inquired about the issue in early 2020 following 11 reports of roof rail cover detachment. In April, it requested Ford issue a recall, which the carmaker had initially said was not necessary because the low likelihood of a roof rail detaching, its small weight and the fact drivers would likely detect a loose roof rail cover, according to the documents.</p><p>Ford in November said it would extend its warranty to cover the issue for 10 years or 150,000 miles before agreeing to the recall on April 30.</p><p>A Ford spokeswoman said Sunday the automaker is not aware of any accidents or injuries related to this condition.</p><p>The vehicles covered by the recall have roof rail covers that are painted silver, black or absolute black. Customer notifications will begin the week of June 28.</p><p>The recall includes 620,483 vehicles in the United States, 36,419 in Canada and 4,260 in Mexico.</p>","source":"yahoofinance_au","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>Ford recalls 661,000 Explorer SUVs in North America</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\">\nFord recalls 661,000 Explorer SUVs in North America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ford-recalls-nearly-617-000-123047232.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ford-recalls-nearly-617-000-123047232.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FORD":"福沃德工业"},"source_url":"https://finance.yahoo.com/news/ford-recalls-nearly-617-000-123047232.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165396592","content_text":"WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail covers to detach from the vehicle.The recall covers 2016 through 2019 model year vehicles. Dealers will install push-pins and replace any damaged rail clips and roof rail covers.The second-largest U.S. automaker said in documents https://static.nhtsa.gov/odi/rcl/2021/RMISC-21V316-0418.pdf posted Sunday that the National Highway Traffic Safety Administration first inquired about the issue in early 2020 following 11 reports of roof rail cover detachment. In April, it requested Ford issue a recall, which the carmaker had initially said was not necessary because the low likelihood of a roof rail detaching, its small weight and the fact drivers would likely detect a loose roof rail cover, according to the documents.Ford in November said it would extend its warranty to cover the issue for 10 years or 150,000 miles before agreeing to the recall on April 30.A Ford spokeswoman said Sunday the automaker is not aware of any accidents or injuries related to this condition.The vehicles covered by the recall have roof rail covers that are painted silver, black or absolute black. Customer notifications will begin the week of June 28.The recall includes 620,483 vehicles in the United States, 36,419 in Canada and 4,260 in Mexico.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106523935,"gmtCreate":1620135412127,"gmtModify":1634207567545,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Tfw i only found about the divorce because stonks","listText":"Tfw i only found about the divorce because stonks","text":"Tfw i only found about the divorce because stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106523935","repostId":"1141446343","repostType":4,"repost":{"id":"1141446343","kind":"news","pubTimestamp":1620108260,"share":"https://www.laohu8.com/m/news/1141446343?lang=&edition=full","pubTime":"2021-05-04 14:04","market":"us","language":"en","title":"Bill and Melinda Gates are getting divorced. Here are some stocks they owned","url":"https://stock-news.laohu8.com/highlight/detail?id=1141446343","media":"seeking alpha","summary":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoftfounder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway, Waste Management, Caterpillar, Canadian National, Walmart, EcoLab, Crown Castle, ","content":"<ul><li>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.</li><li>In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).</li><li><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).</li><li>Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.</li><li>The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and <a href=\"https://laohu8.com/S/BCEL\">Atreca</a>(NASDAQ:BCEL).</li><li>Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago.&nbsp;This is how their wealth ended upsplit between them.</li></ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill and Melinda Gates are getting divorced. Here are some stocks they owned</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill and Melinda Gates are getting divorced. Here are some stocks they owned\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 14:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his ...</p>\n\n<a href=\"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KOF":"可口可乐凡萨瓶装","MSFT":"微软","CCI":"冠城","CVAC":"CureVac B.V.","WM":"美国废物管理","CAT":"卡特彼勒","WMT":"沃尔玛","SDGR":"Schrodinger Inc.","CNI":"加拿大国家铁路","WCLD":"WisdomTree Cloud Computing Fund","FDX":"联邦快递","UPS":"联合包裹","VIR":"Vir Biotechnology, Inc.","AMRS":"阿米瑞斯","BRK.B":"伯克希尔B","BNTX":"BioNTech SE"},"source_url":"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141446343","content_text":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).Two stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and Atreca(NASDAQ:BCEL).Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago. This is how their wealth ended upsplit between them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106520541,"gmtCreate":1620135376883,"gmtModify":1634207568590,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Ok fr should i sell?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Ok fr should i sell?","text":"$GameStop(GME)$Ok fr should i sell?","images":[{"img":"https://static.tigerbbs.com/111455074c207d692040a55ba606c25f","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106520541","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108642620,"gmtCreate":1620023224660,"gmtModify":1634208435931,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>At least it is holding...","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>At least it is holding...","text":"$GameStop(GME)$At least it is holding...","images":[{"img":"https://static.tigerbbs.com/d2f2f997397472e2e2665c01ed10d111","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/108642620","isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108642359,"gmtCreate":1620023198571,"gmtModify":1634208436052,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Give it time. It will hopefully increase evantually.&nbsp;","listText":"Give it time. It will hopefully increase evantually.&nbsp;","text":"Give it time. It will hopefully increase evantually.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/108642359","repostId":"2132569212","repostType":2,"repost":{"id":"2132569212","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620003728,"share":"https://www.laohu8.com/m/news/2132569212?lang=&edition=full","pubTime":"2021-05-03 09:02","market":"us","language":"en","title":"New meme stocks swing as shorts and retail investors face off again","url":"https://stock-news.laohu8.com/highlight/detail?id=2132569212","media":"Reuters","summary":"Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle ","content":"<p><img src=\"https://static.tigerbbs.com/9686ae81f9bf789d68f991d4195c960b\" tg-width=\"1200\" tg-height=\"714\"></p>\n<p>Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop&nbsp;captivated Wall Street’s attention.</p>\n<p>Stocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.</p>\n<p>Biopharmaceutical company Ocugen Inc&nbsp;is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.</p>\n<p>Those moves do not approach the stunning, nearly 1,700% gain in video game retailer GameStop Corp in January, which was fueled in part by&nbsp;a flurry of buying&nbsp;that forced hedge funds like Melvin Capital to unwind their bets against the stock, sending it higher. Shares of the video game retailer and many other meme stocks that rallied in its wake are well off their highs, and retail trading has dropped from levels seen earlier in the year.</p>\n<p>\"We're seeing some return of interest to those Reddit-type stocks but not with the same pace and fervor we saw before,\" said Robert Phipps, a director at Per Stirling Capital Management.</p>\n<p>Still, some market-watchers believe a smaller-scale face-off between retail investors and short sellers may have sparked part of the volatility in MicroVision and other recent movers.</p>\n<p>Average short interest in a basket of 50 stocks with market capitalization of under $100 billion monitored by Vanda Research has climbed to levels last seen in January, the firm said in a report earlier this week.</p>\n<p>At the same time, cash equity purchases and the premium spent on call options for MicroVision and some of the other gainers soared in recent weeks, an indicator of retail buying, according to analysts at Vanda, which tracks retail activity.</p>\n<p>\"With the precedent of Melvin Capital in mind, we suspect that the long/short community started to trim bearish bets as soon as they sniffed a potential comeback from the Reddit crowd,\" Vanda’s analysts wrote.</p>\n<p>MicroVision, which traded below $1 as recently as June 2020, is up 210% since short seller Hindenburg Research said it was betting against the company’s stock on Dec. 22, illustrating the potential dangers bearish investors face when positioning against meme stocks. Hindenburg Research did not respond to requests for comment.</p>\n<p>“Right now you can have a perfectly logical reason to short a stock and still take a terrible beating if a group of small traders pull together to push the stock in the other direction,\" said Phipps.</p>\n<p><b>WATCHING WSB</b></p>\n<p>Carson Block, founder of short seller Muddy Waters Research, said he keeps a keen eye on online chatter and forums such as WallStreetBets, where users often attempt to coordinate their buying in stocks they believe are short-squeeze candidates.</p>\n<p>“We are now watching closely,” said Block.</p>\n<p>Block said he is now more focused on technical aspects such as companies where a high percentage of stock is owned by insiders and institutional investors that are unlikely to sell the shares.</p>\n<p>Whether the stars will align anytime soon for another move on the scale of GameStop's remains to be seen. That stock had a combination of short interest that peaked at about 145% of the float, according to S3 Partners data, a massive following among retail investors and institutions happy to jump in on the shares' wild ride.</p>\n<p>Investors are “looking for history possibly to repeat or looking for stocks that are going to go parabolic,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, “GameStop was such an outlier in price moves that (it) is difficult for that to happen again.”</p>\n<p>There are signs, however, that broader trading activity among retail investors may be picking up.</p>\n<p>In the latest week, there was $700 million in net retail buying of large-cap companies tracked by JPMorgan, compared with $500 million in the previous period, the bank said in a report issued on Wednesday.</p>\n<p>Vanda Research said purchases of single stocks by retail investors have ticked higher, though they remain much lower than in previous months. Meanwhile, buying of exchange-traded funds by retail investors fell earlier in the week to its lowest levels since late last year, a potential sign they may be ready to take on more risk, the firm said.</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>New meme stocks swing as shorts and retail investors face off again</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\">\nNew meme stocks swing as shorts and retail investors face off again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-03 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/9686ae81f9bf789d68f991d4195c960b\" tg-width=\"1200\" tg-height=\"714\"></p>\n<p>Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop&nbsp;captivated Wall Street’s attention.</p>\n<p>Stocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.</p>\n<p>Biopharmaceutical company Ocugen Inc&nbsp;is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.</p>\n<p>Those moves do not approach the stunning, nearly 1,700% gain in video game retailer GameStop Corp in January, which was fueled in part by&nbsp;a flurry of buying&nbsp;that forced hedge funds like Melvin Capital to unwind their bets against the stock, sending it higher. Shares of the video game retailer and many other meme stocks that rallied in its wake are well off their highs, and retail trading has dropped from levels seen earlier in the year.</p>\n<p>\"We're seeing some return of interest to those Reddit-type stocks but not with the same pace and fervor we saw before,\" said Robert Phipps, a director at Per Stirling Capital Management.</p>\n<p>Still, some market-watchers believe a smaller-scale face-off between retail investors and short sellers may have sparked part of the volatility in MicroVision and other recent movers.</p>\n<p>Average short interest in a basket of 50 stocks with market capitalization of under $100 billion monitored by Vanda Research has climbed to levels last seen in January, the firm said in a report earlier this week.</p>\n<p>At the same time, cash equity purchases and the premium spent on call options for MicroVision and some of the other gainers soared in recent weeks, an indicator of retail buying, according to analysts at Vanda, which tracks retail activity.</p>\n<p>\"With the precedent of Melvin Capital in mind, we suspect that the long/short community started to trim bearish bets as soon as they sniffed a potential comeback from the Reddit crowd,\" Vanda’s analysts wrote.</p>\n<p>MicroVision, which traded below $1 as recently as June 2020, is up 210% since short seller Hindenburg Research said it was betting against the company’s stock on Dec. 22, illustrating the potential dangers bearish investors face when positioning against meme stocks. Hindenburg Research did not respond to requests for comment.</p>\n<p>“Right now you can have a perfectly logical reason to short a stock and still take a terrible beating if a group of small traders pull together to push the stock in the other direction,\" said Phipps.</p>\n<p><b>WATCHING WSB</b></p>\n<p>Carson Block, founder of short seller Muddy Waters Research, said he keeps a keen eye on online chatter and forums such as WallStreetBets, where users often attempt to coordinate their buying in stocks they believe are short-squeeze candidates.</p>\n<p>“We are now watching closely,” said Block.</p>\n<p>Block said he is now more focused on technical aspects such as companies where a high percentage of stock is owned by insiders and institutional investors that are unlikely to sell the shares.</p>\n<p>Whether the stars will align anytime soon for another move on the scale of GameStop's remains to be seen. That stock had a combination of short interest that peaked at about 145% of the float, according to S3 Partners data, a massive following among retail investors and institutions happy to jump in on the shares' wild ride.</p>\n<p>Investors are “looking for history possibly to repeat or looking for stocks that are going to go parabolic,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, “GameStop was such an outlier in price moves that (it) is difficult for that to happen again.”</p>\n<p>There are signs, however, that broader trading activity among retail investors may be picking up.</p>\n<p>In the latest week, there was $700 million in net retail buying of large-cap companies tracked by JPMorgan, compared with $500 million in the previous period, the bank said in a report issued on Wednesday.</p>\n<p>Vanda Research said purchases of single stocks by retail investors have ticked higher, though they remain much lower than in previous months. Meanwhile, buying of exchange-traded funds by retail investors fell earlier in the week to its lowest levels since late last year, a potential sign they may be ready to take on more risk, the firm said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站",".DJI":"道琼斯","OCGN":"Ocugen",".IXIC":"NASDAQ Composite","MVIS":"维视图像","SKLZ":"Skillz Inc","NGD":"New Gold",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132569212","content_text":"Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop captivated Wall Street’s attention.\nStocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.\nBiopharmaceutical company Ocugen Inc is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.\nThose moves do not approach the stunning, nearly 1,700% gain in video game retailer GameStop Corp in January, which was fueled in part by a flurry of buying that forced hedge funds like Melvin Capital to unwind their bets against the stock, sending it higher. Shares of the video game retailer and many other meme stocks that rallied in its wake are well off their highs, and retail trading has dropped from levels seen earlier in the year.\n\"We're seeing some return of interest to those Reddit-type stocks but not with the same pace and fervor we saw before,\" said Robert Phipps, a director at Per Stirling Capital Management.\nStill, some market-watchers believe a smaller-scale face-off between retail investors and short sellers may have sparked part of the volatility in MicroVision and other recent movers.\nAverage short interest in a basket of 50 stocks with market capitalization of under $100 billion monitored by Vanda Research has climbed to levels last seen in January, the firm said in a report earlier this week.\nAt the same time, cash equity purchases and the premium spent on call options for MicroVision and some of the other gainers soared in recent weeks, an indicator of retail buying, according to analysts at Vanda, which tracks retail activity.\n\"With the precedent of Melvin Capital in mind, we suspect that the long/short community started to trim bearish bets as soon as they sniffed a potential comeback from the Reddit crowd,\" Vanda’s analysts wrote.\nMicroVision, which traded below $1 as recently as June 2020, is up 210% since short seller Hindenburg Research said it was betting against the company’s stock on Dec. 22, illustrating the potential dangers bearish investors face when positioning against meme stocks. Hindenburg Research did not respond to requests for comment.\n“Right now you can have a perfectly logical reason to short a stock and still take a terrible beating if a group of small traders pull together to push the stock in the other direction,\" said Phipps.\nWATCHING WSB\nCarson Block, founder of short seller Muddy Waters Research, said he keeps a keen eye on online chatter and forums such as WallStreetBets, where users often attempt to coordinate their buying in stocks they believe are short-squeeze candidates.\n“We are now watching closely,” said Block.\nBlock said he is now more focused on technical aspects such as companies where a high percentage of stock is owned by insiders and institutional investors that are unlikely to sell the shares.\nWhether the stars will align anytime soon for another move on the scale of GameStop's remains to be seen. That stock had a combination of short interest that peaked at about 145% of the float, according to S3 Partners data, a massive following among retail investors and institutions happy to jump in on the shares' wild ride.\nInvestors are “looking for history possibly to repeat or looking for stocks that are going to go parabolic,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, “GameStop was such an outlier in price moves that (it) is difficult for that to happen again.”\nThere are signs, however, that broader trading activity among retail investors may be picking up.\nIn the latest week, there was $700 million in net retail buying of large-cap companies tracked by JPMorgan, compared with $500 million in the previous period, the bank said in a report issued on Wednesday.\nVanda Research said purchases of single stocks by retail investors have ticked higher, though they remain much lower than in previous months. Meanwhile, buying of exchange-traded funds by retail investors fell earlier in the week to its lowest levels since late last year, a potential sign they may be ready to take on more risk, the firm said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100551617,"gmtCreate":1619623380039,"gmtModify":1634211235772,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Fb’s a scam imo.&nbsp;","listText":"Fb’s a scam imo.&nbsp;","text":"Fb’s a scam imo.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100551617","repostId":"1131068131","repostType":4,"repost":{"id":"1131068131","kind":"news","pubTimestamp":1619586637,"share":"https://www.laohu8.com/m/news/1131068131?lang=&edition=full","pubTime":"2021-04-28 13:10","market":"us","language":"en","title":"Facebook Reports Earnings Wednesday. Here Is What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1131068131","media":"Barrons","summary":"Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, ","content":"<p>Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.</p>\n<p>As demonstrated by powerful results last week from Snapchat maker Snap (ticker: SNAP), digital advertising is coming back, fast. Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.</p>\n<p>Including sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.</p>\n<p>Facebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.</p>\n<p>Beyond advertising, BMO Capital Markets analyst Daniel Salmon&nbsp;wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.</p>\n<p>In March, Facebook chief executive Mark Zuckerberg&nbsp;said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.</p>\n<p>Investors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.</p>\n<p>On Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.</p>\n<p>Zuckerberg and&nbsp;Apple&nbsp;(APPL) CEO Tim Cook&nbsp;have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.</p>\n<p>BofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”</p>\n<p>Facebook finance chief David Wehner&nbsp;has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.</p>\n<p>Of the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. The average target price is $339, which implies an upside of 12%.</p>\n<p>Barron’s took a positive view of Facebook stock earlier this month. Shares have climbed 2% since the cover story in the April 5 issue, as the S&amp;P 500 index rose 4.1%. Facebook gained 0.7% to $305.02 in Tuesday afternoon trading.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Reports Earnings Wednesday. Here Is What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Reports Earnings Wednesday. Here Is What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 13:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.\nAs ...</p>\n\n<a href=\"https://www.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA\">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.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131068131","content_text":"Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.\nAs demonstrated by powerful results last week from Snapchat maker Snap (ticker: SNAP), digital advertising is coming back, fast. Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.\nIncluding sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.\nFacebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.\nBeyond advertising, BMO Capital Markets analyst Daniel Salmon wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.\nIn March, Facebook chief executive Mark Zuckerberg said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.\nInvestors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.\nOn Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.\nZuckerberg and Apple (APPL) CEO Tim Cook have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.\nBofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”\nFacebook finance chief David Wehner has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.\nOf the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. The average target price is $339, which implies an upside of 12%.\nBarron’s took a positive view of Facebook stock earlier this month. Shares have climbed 2% since the cover story in the April 5 issue, as the S&P 500 index rose 4.1%. Facebook gained 0.7% to $305.02 in Tuesday afternoon trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371391428,"gmtCreate":1618908356764,"gmtModify":1634289986472,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"What are they doing with the shares?","listText":"What are they doing with the shares?","text":"What are they doing with the shares?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371391428","repostId":"1125387983","repostType":2,"repost":{"id":"1125387983","kind":"news","pubTimestamp":1618894905,"share":"https://www.laohu8.com/m/news/1125387983?lang=&edition=full","pubTime":"2021-04-20 13:01","market":"us","language":"en","title":"AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick","url":"https://stock-news.laohu8.com/highlight/detail?id=1125387983","media":"InvestorPlace","summary":"Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nTh","content":"<blockquote>\n Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n</blockquote>\n<p>There is never a dull moment when tracking meme stocks. And now one of the most prominent ones,<b>AMC</b>(NYSE:<b><u>AMC</u></b>), is in trouble yet again. In aninterviewwith social-media finance commentator Trey Collins, CEO Adam Aron said short sellers are encircling AMC stock.</p>\n<p>This marks yet another twist in a gripping story that continues to add chapters with every passing day. For all intents and purposes, the movie-theater chain was staring down the barrel when<b>Reddit</b>investors rescued the company from the depths of bankruptcy.</p>\n<p>Since that time, it has chosen to make hay while the sun shines, raising a substantial amount of cash through equity issues. However, even before the novel coronavirus pandemic struck, AMC was suffering.</p>\n<p>That’s because there has been a substantial shift in how Americans watch movies. Box office sales reached their high in 2002 at1.58 billion tickets, eventually dropping 22% to 1.23 billion tickets by 2019. Simultaneously, we saw an increasing shift towards home viewing, helped greatly by the emergence of streaming companies.</p>\n<p>And then Covid-19 hit the industry like a ton of bricks.</p>\n<p>Movie-theater chains<b>Arclight Cinemas</b>and<b>Pacific Theaters</b>have alreadyshuttered their doorspermanently. Others are massively restructuring their operations to survive this crisis.</p>\n<p>Hence, it’s understandable why Aron praised retail investors in his recent discussion — the subreddit r/WallStreetBets essentially bailed out the company, punishing short sellers in the process. But financial realities will eventually push the stock close to its 52-week low of $1.91 per share. I’m afraid the show’s over for AMC stock.</p>\n<p><b>Share Dilution Will Continue to Hurt AMC Stock</b></p>\n<p>AMC is paying the price of survival and it’s a steep one. At the end of 2019, AMC had nearly 104 million shares. As I write this, the movie-chain operator now has some 450 million shares. That’s about a 333% rise in a year.</p>\n<p>Now, I get it. AMC needs money to survive this pandemic and beyond. Movie theaters will need several business cycles to get back on their feet.</p>\n<p>True,about 25% of the U.S. populationhas been fully vaccinated as of today. However, it will take time for movie-ticket sales to return to pre-pandemic levels. In the meantime, AMC still needs money to survive.</p>\n<p>As such, on May 4, the company is set to host its annual meeting and ask stockholders to greenlight the issue of another 500 million new shares. Aron has said that AMC will not issue any new stock this year, an announcement that pushed shares up 9%.</p>\n<p>Nevertheless, the writing is on the wall. If you remain committed to AMC stock, dilution is something that you will have to bear for the foreseeable future.</p>\n<p><b>Fundamentals Have Been Sliding For a While</b></p>\n<p>Although the pandemic has devastated movie-theater chains, the slowdown in ticket sales is a secular trend, as we touched upon earlier. In fiscal 2019, the movie-theater chain reported a net loss of $13.5 million, compared to net income of $170.6 million in the year-before quarter. Bear in mind that these figures are from before the pandemic.</p>\n<p>On top of that, out of the last eight quarters,the company has reported an earnings beat just onceaccording to&nbsp;<i>CNBC</i>data. Meanwhile, operating costs are ballooning. As my colleague Vandita Jadejahighlighted in her recent AMC piece, despite the top-line falling by over 75%, operating costs did not fall by as much.</p>\n<p>This all leaves the company vulnerable to further dilution and expensive debt raises. It’s a clear red flag for AMC stock investors that are looking for management to take more of a proactive approach with this crisis.</p>\n<p><b>Evolution Has Just Passed You By</b></p>\n<p>Even if AMC survives this crisis — which by most measures it should — it still operates a largely outdated business model.</p>\n<p>Streaming is all the rage these days.<b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>),<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>),<b>Disney</b>(NYSE:<b><u>DIS</u></b>) and<b>AT&amp;T</b>(NYSE:<b><u>T</u></b>) are firmly entrenched in the streaming wars, pouring billions into original content. As of Q4 2020, Netflix is in first place withover 200 million paid subscribersworldwide, but others are catching up as well and using some pretty innovative techniques.</p>\n<p>Late last year, Warner Bros. announced it woulddebut all of its 2021 movies in theaters and on HBO Max simultaneouslyin the United States. Meanwhile, Netflix is set to release a new movie every week in 2021.</p>\n<p>Against this backdrop, AMC and other movie-theater chains are left to fend for themselves as streaming companies compete for attention.</p>\n<p><img src=\"https://static.tigerbbs.com/72e23fe7ed32e5b689a35813204c6b0d\" tg-width=\"908\" tg-height=\"376\">And even if these announcements did not take place, the writing has been on the wall for a while. Its pretty evident when you pit AMC stock’s performance against the<b>S&amp;P 500</b>that the company has been fighting a losing battle.</p>\n<p><b>Final Words on AMC</b></p>\n<p>I get the feeling that AMC is on its greatest-hits tour. Yes, you might want to invest in AMC stock out of a sense of nostalgia. But in my opinion, the company’s best days are behind it.</p>\n<p>Looking ahead, 5G, artificial intelligence, data analytics and the Internet of Things (IoT) are some of the subjects you need to get behind instead. These areas will be the biggest source of future growth and profitability moving forward.</p>\n<p>Basically, the credits are beginning to roll for AMC.</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>AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick</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\">\nAMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 13:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nThere is never a dull moment when tracking meme stocks. And now one of the most prominent ones,AMC(...</p>\n\n<a href=\"https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125387983","content_text":"Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nThere is never a dull moment when tracking meme stocks. And now one of the most prominent ones,AMC(NYSE:AMC), is in trouble yet again. In aninterviewwith social-media finance commentator Trey Collins, CEO Adam Aron said short sellers are encircling AMC stock.\nThis marks yet another twist in a gripping story that continues to add chapters with every passing day. For all intents and purposes, the movie-theater chain was staring down the barrel whenRedditinvestors rescued the company from the depths of bankruptcy.\nSince that time, it has chosen to make hay while the sun shines, raising a substantial amount of cash through equity issues. However, even before the novel coronavirus pandemic struck, AMC was suffering.\nThat’s because there has been a substantial shift in how Americans watch movies. Box office sales reached their high in 2002 at1.58 billion tickets, eventually dropping 22% to 1.23 billion tickets by 2019. Simultaneously, we saw an increasing shift towards home viewing, helped greatly by the emergence of streaming companies.\nAnd then Covid-19 hit the industry like a ton of bricks.\nMovie-theater chainsArclight CinemasandPacific Theatershave alreadyshuttered their doorspermanently. Others are massively restructuring their operations to survive this crisis.\nHence, it’s understandable why Aron praised retail investors in his recent discussion — the subreddit r/WallStreetBets essentially bailed out the company, punishing short sellers in the process. But financial realities will eventually push the stock close to its 52-week low of $1.91 per share. I’m afraid the show’s over for AMC stock.\nShare Dilution Will Continue to Hurt AMC Stock\nAMC is paying the price of survival and it’s a steep one. At the end of 2019, AMC had nearly 104 million shares. As I write this, the movie-chain operator now has some 450 million shares. That’s about a 333% rise in a year.\nNow, I get it. AMC needs money to survive this pandemic and beyond. Movie theaters will need several business cycles to get back on their feet.\nTrue,about 25% of the U.S. populationhas been fully vaccinated as of today. However, it will take time for movie-ticket sales to return to pre-pandemic levels. In the meantime, AMC still needs money to survive.\nAs such, on May 4, the company is set to host its annual meeting and ask stockholders to greenlight the issue of another 500 million new shares. Aron has said that AMC will not issue any new stock this year, an announcement that pushed shares up 9%.\nNevertheless, the writing is on the wall. If you remain committed to AMC stock, dilution is something that you will have to bear for the foreseeable future.\nFundamentals Have Been Sliding For a While\nAlthough the pandemic has devastated movie-theater chains, the slowdown in ticket sales is a secular trend, as we touched upon earlier. In fiscal 2019, the movie-theater chain reported a net loss of $13.5 million, compared to net income of $170.6 million in the year-before quarter. Bear in mind that these figures are from before the pandemic.\nOn top of that, out of the last eight quarters,the company has reported an earnings beat just onceaccording to CNBCdata. Meanwhile, operating costs are ballooning. As my colleague Vandita Jadejahighlighted in her recent AMC piece, despite the top-line falling by over 75%, operating costs did not fall by as much.\nThis all leaves the company vulnerable to further dilution and expensive debt raises. It’s a clear red flag for AMC stock investors that are looking for management to take more of a proactive approach with this crisis.\nEvolution Has Just Passed You By\nEven if AMC survives this crisis — which by most measures it should — it still operates a largely outdated business model.\nStreaming is all the rage these days.Netflix(NASDAQ:NFLX),Amazon(NASDAQ:AMZN),Disney(NYSE:DIS) andAT&T(NYSE:T) are firmly entrenched in the streaming wars, pouring billions into original content. As of Q4 2020, Netflix is in first place withover 200 million paid subscribersworldwide, but others are catching up as well and using some pretty innovative techniques.\nLate last year, Warner Bros. announced it woulddebut all of its 2021 movies in theaters and on HBO Max simultaneouslyin the United States. Meanwhile, Netflix is set to release a new movie every week in 2021.\nAgainst this backdrop, AMC and other movie-theater chains are left to fend for themselves as streaming companies compete for attention.\nAnd even if these announcements did not take place, the writing has been on the wall for a while. Its pretty evident when you pit AMC stock’s performance against theS&P 500that the company has been fighting a losing battle.\nFinal Words on AMC\nI get the feeling that AMC is on its greatest-hits tour. Yes, you might want to invest in AMC stock out of a sense of nostalgia. But in my opinion, the company’s best days are behind it.\nLooking ahead, 5G, artificial intelligence, data analytics and the Internet of Things (IoT) are some of the subjects you need to get behind instead. These areas will be the biggest source of future growth and profitability moving forward.\nBasically, the credits are beginning to roll for AMC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371391601,"gmtCreate":1618908317703,"gmtModify":1634289986711,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"So um","listText":"So um","text":"So um","images":[{"img":"https://static.tigerbbs.com/8dc9db81b08e4115cb9f3a402eddc994","width":"1125","height":"2730"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371391601","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347270015,"gmtCreate":1618498854337,"gmtModify":1634292492078,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Lmao","listText":"Lmao","text":"Lmao","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347270015","repostId":"1153108819","repostType":4,"repost":{"id":"1153108819","kind":"news","pubTimestamp":1618497574,"share":"https://www.laohu8.com/m/news/1153108819?lang=&edition=full","pubTime":"2021-04-15 22:39","market":"us","language":"en","title":"GameStop’s Shakeup Will Do Little to Alleviate Its Woes","url":"https://stock-news.laohu8.com/highlight/detail?id=1153108819","media":"InvestorPlace","summary":"GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.Ga","content":"<blockquote>GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.</blockquote><p>GameStoop fell about 7.5%&nbsp;in morning  trading.</p><p><img src=\"https://static.tigerbbs.com/48ede96d6233c7b39a789ae18b488344\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Video game retailer&nbsp;<b>GameStop</b>(NYSE:<b><u>GME</u></b>) is the most talked-about meme stock in recent memory. Thanks to a Reddit-induced short squeeze, it is one of the best-performing stocks in the past 12 months, with hardly any fundamentals to back that up. Despite a 40% drop in its price this month, it still trades more than 89 times its cash flows. What’s next for GME stock is anybody’s guess, but one thing is clear: the odds are heavily stacked against Gamestop in transforming its business.</p><p>A lot is riding on the induction ofChewy co-founder Ryan Cohenfor the company’s big e-commerce pivot. Under Cohen, the newly revamped board of directors is transforming the company from a retailer to a technology company. Global E-commerce saleshave shot up 191% in fiscal 2020, which shows its initiatives’ potential. However, nothing is a given with GameStop, considering its spotty track record. There are many holes in the company’s strategic plans, which should continue to impact its long-term outlook.</p><p><b>Cohen’s Transformative Plans</b></p><p>In an executive shakeup, GameStop named Ryan Cohen as its chairman. Cohen is known as an activist investor and the co-founder of pet supplies retailer Chewy.&nbsp; Hehad purchased a 10% stakein GameStop back in August last year and later increased it to 13%. In an SEC feeling in November, he talked about how the company needed to transform itself from a retailer to a tech company.</p><p>Naturally, Cohen has brought new leadership in executing his plans. However, to everyone’s surprise, the new appointments include marketers, customer care experts, web designers, and other IT professionals with little hands-on knowledge in the gaming industry. One would expect Cohen to introduce individuals with practical experience of the industry and well-versed with its developments.</p><p>More importantly, he seems to be missing the plot about how GameStop’s competition is incidentally its vendors. With the rising popularity of digital purchases, original equipment manufacturers (OEMs) are becoming less reliant on intermediary businesses. &nbsp;Therefore in many ways, the latest console upgrade cycle is likely to be significantly less profitable.</p><p>The last console upgrade cycle was back in 2013, where total global sales for its holiday periodwere at $3.15 billion. On the flip side, the holiday results for 2020 were at $1.7 billion, whichdecreased 3.1% compared to 2019. Hence, OEMs will continue to offer their content through their digital platforms, limiting GameStop and other related companies’ market share.</p><p><b>The Bottom Line on GME Stock</b></p><p>So where will the company go from here? I have no idea. The GameStop saga has arguably been one of the weirdest stock market stories in recent memory. It’s clear from a fundamental standpoint, though, that the stock is grossly overvalued.&nbsp; For example, its enterprise value to EBITDA ratio is more than 3,600% higher than the sector average. Moreover, its forward price to book ratio is also more than 375% higher than the sector average.</p><p>Many price targets for the stock are more than 70% lower than its current stock price. Moreover, the dispersal between its high and low estimates is more than $150 at this time. The reality is that if you factor in the risks associated with its business, its value is not even close to where it’s trading at this time.</p><p>GME stock has had a rollercoaster of a ride this year. However, it appears that it’s not exactly the mother of all short stocks at this point. Short interest as a % of the float was roughly 18% when it exceeded 100% in January. Moreover, its new chairman in Ryan Cohen seems to be missing the trick in understanding the company’s underlying problems. Therefore, it would be best for long and short sellers to steer clear of GME Stock.</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>GameStop’s Shakeup Will Do Little to Alleviate Its Woes</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\">\nGameStop’s Shakeup Will Do Little to Alleviate Its Woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/gme-stock-shakeup-will-do-little-to-alleviate-its-woes/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.GameStoop fell about 7.5% in morning  trading.Video game retailer GameStop(NYSE:GME) is the most ...</p>\n\n<a href=\"https://investorplace.com/2021/04/gme-stock-shakeup-will-do-little-to-alleviate-its-woes/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/04/gme-stock-shakeup-will-do-little-to-alleviate-its-woes/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153108819","content_text":"GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.GameStoop fell about 7.5% in morning  trading.Video game retailer GameStop(NYSE:GME) is the most talked-about meme stock in recent memory. Thanks to a Reddit-induced short squeeze, it is one of the best-performing stocks in the past 12 months, with hardly any fundamentals to back that up. Despite a 40% drop in its price this month, it still trades more than 89 times its cash flows. What’s next for GME stock is anybody’s guess, but one thing is clear: the odds are heavily stacked against Gamestop in transforming its business.A lot is riding on the induction ofChewy co-founder Ryan Cohenfor the company’s big e-commerce pivot. Under Cohen, the newly revamped board of directors is transforming the company from a retailer to a technology company. Global E-commerce saleshave shot up 191% in fiscal 2020, which shows its initiatives’ potential. However, nothing is a given with GameStop, considering its spotty track record. There are many holes in the company’s strategic plans, which should continue to impact its long-term outlook.Cohen’s Transformative PlansIn an executive shakeup, GameStop named Ryan Cohen as its chairman. Cohen is known as an activist investor and the co-founder of pet supplies retailer Chewy.  Hehad purchased a 10% stakein GameStop back in August last year and later increased it to 13%. In an SEC feeling in November, he talked about how the company needed to transform itself from a retailer to a tech company.Naturally, Cohen has brought new leadership in executing his plans. However, to everyone’s surprise, the new appointments include marketers, customer care experts, web designers, and other IT professionals with little hands-on knowledge in the gaming industry. One would expect Cohen to introduce individuals with practical experience of the industry and well-versed with its developments.More importantly, he seems to be missing the plot about how GameStop’s competition is incidentally its vendors. With the rising popularity of digital purchases, original equipment manufacturers (OEMs) are becoming less reliant on intermediary businesses.  Therefore in many ways, the latest console upgrade cycle is likely to be significantly less profitable.The last console upgrade cycle was back in 2013, where total global sales for its holiday periodwere at $3.15 billion. On the flip side, the holiday results for 2020 were at $1.7 billion, whichdecreased 3.1% compared to 2019. Hence, OEMs will continue to offer their content through their digital platforms, limiting GameStop and other related companies’ market share.The Bottom Line on GME StockSo where will the company go from here? I have no idea. The GameStop saga has arguably been one of the weirdest stock market stories in recent memory. It’s clear from a fundamental standpoint, though, that the stock is grossly overvalued.  For example, its enterprise value to EBITDA ratio is more than 3,600% higher than the sector average. Moreover, its forward price to book ratio is also more than 375% higher than the sector average.Many price targets for the stock are more than 70% lower than its current stock price. Moreover, the dispersal between its high and low estimates is more than $150 at this time. The reality is that if you factor in the risks associated with its business, its value is not even close to where it’s trading at this time.GME stock has had a rollercoaster of a ride this year. However, it appears that it’s not exactly the mother of all short stocks at this point. Short interest as a % of the float was roughly 18% when it exceeded 100% in January. Moreover, its new chairman in Ryan Cohen seems to be missing the trick in understanding the company’s underlying problems. Therefore, it would be best for long and short sellers to steer clear of GME Stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352785075,"gmtCreate":1617005463497,"gmtModify":1634523190195,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"When you say hedge funds it kind of takes off some credibility...","listText":"When you say hedge funds it kind of takes off some credibility...","text":"When you say hedge funds it kind of takes off some credibility...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/352785075","repostId":"1141317956","repostType":4,"repost":{"id":"1141317956","kind":"news","pubTimestamp":1617003767,"share":"https://www.laohu8.com/m/news/1141317956?lang=&edition=full","pubTime":"2021-03-29 15:42","market":"us","language":"en","title":"Hedge Fund CIO: \"Sinners Have Become The System And Will Be Eternally Supported By Policy\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1141317956","media":"zerohedge","summary":"Sinners\n“At some point on the current path, policy makers will attempt to normalize,”said the CIO. W","content":"<p><u><b>Sinners</b></u></p>\n<p><b>“At some point on the current path, policy makers will attempt to normalize,”</b>said the CIO. We were discussing sequencing, recognizing its centrality to macro trading, investing. “They will start by attempting to taper Fed purchases,” he said, the US central bank currently creating $120bln per month and using it to purchase debt. “Perhaps they signal that they intend to lower the deficit.”<b>But of course, that would only be after they first lift the deficit to fund America’s coming $3trln Recovery Plan. “And at that point, the clock starts ticking,” he said.</b></p>\n<p>“Even if one thinks the current policy path inevitably leads to a substantial inflation, there are enough orthodox policy makers that we can be confident they’ll try to avert that outcome,” continued the same CIO.<b>“So what we need to figure out is how far they’ll let stocks and inflation run before they’re compelled to taper,”</b>he said. “And then we’ll need to judge how long it will take for the economy and/or market to take a deep dive.” Not long. “When they then quickly pivot and aggressively ease, their predicament will be clear for all to see.”</p>\n<p>“Given the size of the stimulus and deficits at this stage, if policy makers are seen to be unable to normalize in any material way, that will be the stage in the sequencing when the great reset begins,” explained the same CIO. “Markets at that point will move very fast.” Maintaining calm given current policy settings requires inflation expectations to remain anchored and investors to believe policy can be normalized. “I am often a bit early on the very big trades, but this whole sequence appears sure to play out over the coming three years.”</p>\n<p>“The biggest macro change in the past 50yrs was the taming of inflation,” said Marco Polo, my favorite macro modeler. “Paul Volcker was a byproduct of the political choice to anchor inflation in a post-gold-standard world. It required great resolve, and management of a domestic financial crisis induced by the high interest rates needed to get the job done. Don Kohn observed that the Volcker master lesson ‘was to protect the system but not the sinner - and that required facts, analysis, and flexibility.’<b>Volcker was the first Fed Chair who required a personal bodyguard.</b>The Hunt brothers (silver), Penn Square and Continental Illinois (oil) and the entire Farm Credit System were all strained by his decisions and Volcker was the first Fed Chair who required a personal bodyguard. The resolve to tackling inflation cannot be overstated.”</p>\n<p>“The virtuous cycle of declining government bond yields in the past three decades that followed Volcker’s attack on inflation has been an overwhelmingly positive impulse to financial portfolios,” explained Marco Polo. “Government bonds played a large role, directly or indirectly through other assets that benefited from lower bond yields. To illustrate the point, I built a simple dynamic portfolio of stocks, bonds, the US dollar, and commodities. Allocations to those asset classes are selected depending on the state of the macro economy.”</p>\n<p><b>“When things are good and getting better, asset allocation is split between stocks and commodities; bonds are the asset allocation when things are good but weakening; long US dollar exposure is deployed in downturns; stocks and foreign currency allocations are the benchmark in early upturns,”</b>continued Marco. “The states of the macro economy are probability weighted and rebalanced over time to arrive at a balanced portfolio. The annualized monthly return of such an approach since Sep 1981 is +7.5% with volatility of less than 6%. Not bad for a passive, blunt approach.”</p>\n<p>“Let’s include a long-bond overlay to the asset allocation in all macro states so that the average gross portfolio exposure is 2x,” said Marco. “Think of this leverage as a move out the risk spectrum. The historical performance jumps to +11.5% and the Sharpe rises to more than 1.5x. Of course, asset managers did not initially have the foresight to implement such a portfolio nor did financial intermediaries have the risk appetite to provide short-term funding.<b>But with time and reinforcement from policy actions that tell us sinners have now become the system and will thus be eternally supported by policy, portfolios have pushed far out the risk spectrum taking long duration exposure directly or indirectly. It is all the same trade.”</b></p>\n<p>“Recent correlations reinforce the point.<b>The US TIPs and Tesla daily correlation is nearly 30% this year.</b>TIPs act like a low-beta play on highly valued growth companies. Both are bets on duration. The difference today from the past is today’s low starting point of bond yields. At steeply negative real yields and very low nominals, the role of bonds in a portfolio becomes heavily challenged. German bund performance in the Mar 2020 period is also a good reminder. Bund prices rose sharply over 7wks during the pandemic and reversed that move in 10-days.”</p>\n<p>“Bunds provided no protection to slower-moving asset allocators. Ten-year German real yields now trade -1.75%. They have no value as an investment, nor as a risk-mitigator,” said Marco. “Asset managers have no choice but to explore alternatives to bonds and find risk mitigators to long duration exposure. And official institutions have little choice but to lean against any undesired rise in ‘risk free’ yields.<b>Everyone is a sinner now, the system is held hostage. After all, 44% of outstanding Treasury securities are held between the Fed and foreign official institutions. And at any wobble they buy more.”</b></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>Hedge Fund CIO: \"Sinners Have Become The System And Will Be Eternally Supported By Policy\"</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\">\nHedge Fund CIO: \"Sinners Have Become The System And Will Be Eternally Supported By Policy\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 15:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/hedge-fund-cio-sinners-have-become-system-and-will-be-eternally-supported-policy><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sinners\n“At some point on the current path, policy makers will attempt to normalize,”said the CIO. We were discussing sequencing, recognizing its centrality to macro trading, investing. “They will ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/hedge-fund-cio-sinners-have-become-system-and-will-be-eternally-supported-policy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a8ad35190f75132817724b1baf836f80","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/hedge-fund-cio-sinners-have-become-system-and-will-be-eternally-supported-policy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141317956","content_text":"Sinners\n“At some point on the current path, policy makers will attempt to normalize,”said the CIO. We were discussing sequencing, recognizing its centrality to macro trading, investing. “They will start by attempting to taper Fed purchases,” he said, the US central bank currently creating $120bln per month and using it to purchase debt. “Perhaps they signal that they intend to lower the deficit.”But of course, that would only be after they first lift the deficit to fund America’s coming $3trln Recovery Plan. “And at that point, the clock starts ticking,” he said.\n“Even if one thinks the current policy path inevitably leads to a substantial inflation, there are enough orthodox policy makers that we can be confident they’ll try to avert that outcome,” continued the same CIO.“So what we need to figure out is how far they’ll let stocks and inflation run before they’re compelled to taper,”he said. “And then we’ll need to judge how long it will take for the economy and/or market to take a deep dive.” Not long. “When they then quickly pivot and aggressively ease, their predicament will be clear for all to see.”\n“Given the size of the stimulus and deficits at this stage, if policy makers are seen to be unable to normalize in any material way, that will be the stage in the sequencing when the great reset begins,” explained the same CIO. “Markets at that point will move very fast.” Maintaining calm given current policy settings requires inflation expectations to remain anchored and investors to believe policy can be normalized. “I am often a bit early on the very big trades, but this whole sequence appears sure to play out over the coming three years.”\n“The biggest macro change in the past 50yrs was the taming of inflation,” said Marco Polo, my favorite macro modeler. “Paul Volcker was a byproduct of the political choice to anchor inflation in a post-gold-standard world. It required great resolve, and management of a domestic financial crisis induced by the high interest rates needed to get the job done. Don Kohn observed that the Volcker master lesson ‘was to protect the system but not the sinner - and that required facts, analysis, and flexibility.’Volcker was the first Fed Chair who required a personal bodyguard.The Hunt brothers (silver), Penn Square and Continental Illinois (oil) and the entire Farm Credit System were all strained by his decisions and Volcker was the first Fed Chair who required a personal bodyguard. The resolve to tackling inflation cannot be overstated.”\n“The virtuous cycle of declining government bond yields in the past three decades that followed Volcker’s attack on inflation has been an overwhelmingly positive impulse to financial portfolios,” explained Marco Polo. “Government bonds played a large role, directly or indirectly through other assets that benefited from lower bond yields. To illustrate the point, I built a simple dynamic portfolio of stocks, bonds, the US dollar, and commodities. Allocations to those asset classes are selected depending on the state of the macro economy.”\n“When things are good and getting better, asset allocation is split between stocks and commodities; bonds are the asset allocation when things are good but weakening; long US dollar exposure is deployed in downturns; stocks and foreign currency allocations are the benchmark in early upturns,”continued Marco. “The states of the macro economy are probability weighted and rebalanced over time to arrive at a balanced portfolio. The annualized monthly return of such an approach since Sep 1981 is +7.5% with volatility of less than 6%. Not bad for a passive, blunt approach.”\n“Let’s include a long-bond overlay to the asset allocation in all macro states so that the average gross portfolio exposure is 2x,” said Marco. “Think of this leverage as a move out the risk spectrum. The historical performance jumps to +11.5% and the Sharpe rises to more than 1.5x. Of course, asset managers did not initially have the foresight to implement such a portfolio nor did financial intermediaries have the risk appetite to provide short-term funding.But with time and reinforcement from policy actions that tell us sinners have now become the system and will thus be eternally supported by policy, portfolios have pushed far out the risk spectrum taking long duration exposure directly or indirectly. It is all the same trade.”\n“Recent correlations reinforce the point.The US TIPs and Tesla daily correlation is nearly 30% this year.TIPs act like a low-beta play on highly valued growth companies. Both are bets on duration. The difference today from the past is today’s low starting point of bond yields. At steeply negative real yields and very low nominals, the role of bonds in a portfolio becomes heavily challenged. German bund performance in the Mar 2020 period is also a good reminder. Bund prices rose sharply over 7wks during the pandemic and reversed that move in 10-days.”\n“Bunds provided no protection to slower-moving asset allocators. Ten-year German real yields now trade -1.75%. They have no value as an investment, nor as a risk-mitigator,” said Marco. “Asset managers have no choice but to explore alternatives to bonds and find risk mitigators to long duration exposure. And official institutions have little choice but to lean against any undesired rise in ‘risk free’ yields.Everyone is a sinner now, the system is held hostage. After all, 44% of outstanding Treasury securities are held between the Fed and foreign official institutions. And at any wobble they buy more.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358758205,"gmtCreate":1616733856107,"gmtModify":1634524294187,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"And?","listText":"And?","text":"And?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358758205","repostId":"2122426553","repostType":4,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358758973,"gmtCreate":1616733802392,"gmtModify":1634524294796,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"The question is what height will it reach?","listText":"The question is what height will it reach?","text":"The question is what height will it reach?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358758973","repostId":"2122258854","repostType":2,"repost":{"id":"2122258854","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1616723400,"share":"https://www.laohu8.com/m/news/2122258854?lang=&edition=full","pubTime":"2021-03-26 09:50","market":"us","language":"en","title":"GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened","url":"https://stock-news.laohu8.com/highlight/detail?id=2122258854","media":"Dow Jones","summary":"MW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n\n\n  B","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n</p>\n<p>\n  By Thornton McEnery \n</p>\n<p>\n  'Took a huge loss yesterday. Made it all back today,' posted <a href=\"https://laohu8.com/S/AONE\">one</a> meme-stock buyer on social media \n</p>\n<p>\n  Call it the revenge of the meme stocks. \n</p>\n<p>\n  After taking a pummeling over the first three days of the week, shares of GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> soared Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier. \n</p>\n<p>\n  Meanwhile, shares of movie chain AMC Entertainment Holdings <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, another popular stock among the retail traders on social-media platforms like Reddit and Discord, also popped on the session. \n</p>\n<p>\n  AMC closed out Thursday trade up over 21%, while GameStop surged nearly 53%  reported after the close of regular trading hours Tuesday. \n</p>\n<p>\n  \"WE ARE ALL WITNESSES\" <a href=\"https://laohu8.com/S/AONE.U\">one</a> user of Reddit board r/WallStreetBets posted after the bell on Thursday, summing up the sentiment of GameStop bulls on the site who had been encouraging one another to \"buy the dip\" presented by the company's lackluster earnings report, and stick it to the hedge funds that many users on Reddit and Discord still perceive as existential threats to unfettered gains. \n</p>\n<p>\n  The campaign to buy GameStop appears to have worked. Data from Fidelity shows that the stock was the most actively traded by retail customers on Thursday with a buy-to-sell ratio of almost 3-to-1. \n</p>\n<p>\n  GameStop fans scored an extra boost going into the final hour of trading when, Ryan Cohen, Chewy founder and GameStop board member, fired off a cryptic tweet that his followers were interpreting bullishly. \n</p>\n<p>\n</p>\n<p>\n  Cohen's message--his first in more than two weeks--was a clip from \"Ted,\" Seth MacFarlane's raunchy live-action comedy about the childhood bond between a potty-mouthed, weed-smoking teddy bear and his human friend John, played by Mark Wahlberg. \n</p>\n<p>\n  \"Higher and higher!\" responded one of Cohen's followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>. \n</p>\n<p>\n  AMC, which was Thursday's fifth-most popular stock according to Fidelity with buyers outnumbering sellers, also benefited from social-media campaigns aimed at toppling hedge funds who were short the stock. \n</p>\n<p>\n  Message boards have been disseminating unverified rumors that major investment funds and market makers were betting heavily that AMC shares would eventually sink in value. \n</p>\n<p>\n  Little was said, however, about the fact that Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> announced on Tuesday that it would debut two of its summer tentpole blockbusters \"Black Widow\" and \"Cruella\" simultaneously in theaters and streaming on Disney+, which in theory would deliver a bona fide hit to embattled cinema chains, including AMC, at least in the near term. \n</p>\n<p>\n  Those consiparacy theories and the potential loss of business from major film producers were cast aside on Thursday. \n</p>\n<p>\n  \"Took a huge loss yesterday. Made it all back today,\" posted one Redditor. \"Would much rather this than 2 boring flat days. I love this s**t.\" \n</p>\n<p>\n  In the end, the Reddit crowd's typical buy-first-and-ask-questions-later strategy was back to bearing fruit--at least in the short term. \n</p>\n<p>\n  For the week, however, GameStop's stock is looking at a week-to-date decline of 8.3% and AMC Entertainment shares are down over 21%. \n</p>\n<p>\n  -; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 25, 2021 21:50 ET (01:50 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened</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\">\nGameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-26 09:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n</p>\n<p>\n  By Thornton McEnery \n</p>\n<p>\n  'Took a huge loss yesterday. Made it all back today,' posted <a href=\"https://laohu8.com/S/AONE\">one</a> meme-stock buyer on social media \n</p>\n<p>\n  Call it the revenge of the meme stocks. \n</p>\n<p>\n  After taking a pummeling over the first three days of the week, shares of GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> soared Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier. \n</p>\n<p>\n  Meanwhile, shares of movie chain AMC Entertainment Holdings <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, another popular stock among the retail traders on social-media platforms like Reddit and Discord, also popped on the session. \n</p>\n<p>\n  AMC closed out Thursday trade up over 21%, while GameStop surged nearly 53%  reported after the close of regular trading hours Tuesday. \n</p>\n<p>\n  \"WE ARE ALL WITNESSES\" <a href=\"https://laohu8.com/S/AONE.U\">one</a> user of Reddit board r/WallStreetBets posted after the bell on Thursday, summing up the sentiment of GameStop bulls on the site who had been encouraging one another to \"buy the dip\" presented by the company's lackluster earnings report, and stick it to the hedge funds that many users on Reddit and Discord still perceive as existential threats to unfettered gains. \n</p>\n<p>\n  The campaign to buy GameStop appears to have worked. Data from Fidelity shows that the stock was the most actively traded by retail customers on Thursday with a buy-to-sell ratio of almost 3-to-1. \n</p>\n<p>\n  GameStop fans scored an extra boost going into the final hour of trading when, Ryan Cohen, Chewy founder and GameStop board member, fired off a cryptic tweet that his followers were interpreting bullishly. \n</p>\n<p>\n</p>\n<p>\n  Cohen's message--his first in more than two weeks--was a clip from \"Ted,\" Seth MacFarlane's raunchy live-action comedy about the childhood bond between a potty-mouthed, weed-smoking teddy bear and his human friend John, played by Mark Wahlberg. \n</p>\n<p>\n  \"Higher and higher!\" responded one of Cohen's followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>. \n</p>\n<p>\n  AMC, which was Thursday's fifth-most popular stock according to Fidelity with buyers outnumbering sellers, also benefited from social-media campaigns aimed at toppling hedge funds who were short the stock. \n</p>\n<p>\n  Message boards have been disseminating unverified rumors that major investment funds and market makers were betting heavily that AMC shares would eventually sink in value. \n</p>\n<p>\n  Little was said, however, about the fact that Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> announced on Tuesday that it would debut two of its summer tentpole blockbusters \"Black Widow\" and \"Cruella\" simultaneously in theaters and streaming on Disney+, which in theory would deliver a bona fide hit to embattled cinema chains, including AMC, at least in the near term. \n</p>\n<p>\n  Those consiparacy theories and the potential loss of business from major film producers were cast aside on Thursday. \n</p>\n<p>\n  \"Took a huge loss yesterday. Made it all back today,\" posted one Redditor. \"Would much rather this than 2 boring flat days. I love this s**t.\" \n</p>\n<p>\n  In the end, the Reddit crowd's typical buy-first-and-ask-questions-later strategy was back to bearing fruit--at least in the short term. \n</p>\n<p>\n  For the week, however, GameStop's stock is looking at a week-to-date decline of 8.3% and AMC Entertainment shares are down over 21%. \n</p>\n<p>\n  -; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 25, 2021 21:50 ET (01:50 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122258854","content_text":"MW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n\n\n  By Thornton McEnery \n\n\n  'Took a huge loss yesterday. Made it all back today,' posted one meme-stock buyer on social media \n\n\n  Call it the revenge of the meme stocks. \n\n\n  After taking a pummeling over the first three days of the week, shares of GameStop Corp. $(GME)$ soared Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier. \n\n\n  Meanwhile, shares of movie chain AMC Entertainment Holdings $(AMC)$, another popular stock among the retail traders on social-media platforms like Reddit and Discord, also popped on the session. \n\n\n  AMC closed out Thursday trade up over 21%, while GameStop surged nearly 53%  reported after the close of regular trading hours Tuesday. \n\n\n  \"WE ARE ALL WITNESSES\" one user of Reddit board r/WallStreetBets posted after the bell on Thursday, summing up the sentiment of GameStop bulls on the site who had been encouraging one another to \"buy the dip\" presented by the company's lackluster earnings report, and stick it to the hedge funds that many users on Reddit and Discord still perceive as existential threats to unfettered gains. \n\n\n  The campaign to buy GameStop appears to have worked. Data from Fidelity shows that the stock was the most actively traded by retail customers on Thursday with a buy-to-sell ratio of almost 3-to-1. \n\n\n  GameStop fans scored an extra boost going into the final hour of trading when, Ryan Cohen, Chewy founder and GameStop board member, fired off a cryptic tweet that his followers were interpreting bullishly. \n\n\n\n\n  Cohen's message--his first in more than two weeks--was a clip from \"Ted,\" Seth MacFarlane's raunchy live-action comedy about the childhood bond between a potty-mouthed, weed-smoking teddy bear and his human friend John, played by Mark Wahlberg. \n\n\n  \"Higher and higher!\" responded one of Cohen's followers on Twitter. \n\n\n  AMC, which was Thursday's fifth-most popular stock according to Fidelity with buyers outnumbering sellers, also benefited from social-media campaigns aimed at toppling hedge funds who were short the stock. \n\n\n  Message boards have been disseminating unverified rumors that major investment funds and market makers were betting heavily that AMC shares would eventually sink in value. \n\n\n  Little was said, however, about the fact that Walt Disney Co. $(DIS)$ announced on Tuesday that it would debut two of its summer tentpole blockbusters \"Black Widow\" and \"Cruella\" simultaneously in theaters and streaming on Disney+, which in theory would deliver a bona fide hit to embattled cinema chains, including AMC, at least in the near term. \n\n\n  Those consiparacy theories and the potential loss of business from major film producers were cast aside on Thursday. \n\n\n  \"Took a huge loss yesterday. Made it all back today,\" posted one Redditor. \"Would much rather this than 2 boring flat days. I love this s**t.\" \n\n\n  In the end, the Reddit crowd's typical buy-first-and-ask-questions-later strategy was back to bearing fruit--at least in the short term. \n\n\n  For the week, however, GameStop's stock is looking at a week-to-date decline of 8.3% and AMC Entertainment shares are down over 21%. \n\n\n  -; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  March 25, 2021 21:50 ET (01:50 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358697306,"gmtCreate":1616683403305,"gmtModify":1634524560595,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"And...?","listText":"And...?","text":"And...?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358697306","repostId":"2122052417","repostType":4,"repost":{"id":"2122052417","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616675164,"share":"https://www.laohu8.com/m/news/2122052417?lang=&edition=full","pubTime":"2021-03-25 20:26","market":"us","language":"en","title":"China proposes global rules for central bank digital currencies","url":"https://stock-news.laohu8.com/highlight/detail?id=2122052417","media":"Reuters","summary":"LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencie","content":"<p>LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.</p>\n<p>Global central banks are looking at developing digital currencies to modernise their financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up domestic and international payments. China is one of the most advanced in its effort.</p>\n<p>Mu Changchun, the director-general of the PBOC's digital currency institute, laid out the new proposals at a Bank for International Settlements seminar.</p>\n<p>\"Interoperability should be enabled between CBDC (central bank digital currency) systems of different jurisdictions and exchange,\" he said. The PBOC had shared the proposals with other central banks and monetary authorities, he said.</p>\n<p>\"Information flow and fund flows should be synchronised so as to facilitate regulators to monitor the transactions for compliance.\"</p>\n<p>As digital currencies such as bitcoin gain more traction with mainstream companies and investors, and as private efforts like the <a href=\"https://laohu8.com/S/FB\">Facebook</a>-backed Diem seek approval, the onus is on central banks to accelerate plans to issue digital cash to fend off threats to their control over money.</p>\n<p>The PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce dependence on the dollar-dominated payment system.</p>\n<p>The European Central Bank is also exploring the introduction of a digital euro, within the next five years. It's running into opposition from Germany, though, where the Bundesbank worries that a digital euro could pose risks to banks .</p>\n<p>A CBDC that gains wide acceptance in international trade and payments could ultimately erode the dollar's status as the de facto currency of world trade and undermine U.S. influence, many analysts say.</p>\n<p>China said separately on Thursday it would quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth.</p>\n<p>Mu added that a key global rule should be a \"fair supply of digital currencies\" by world central banks to continue supporting the healthy evolution and financial stability of the international monetary system.</p>\n<p>A \"digital currency supplied by <a href=\"https://laohu8.com/S/AONE.U\">one</a> central bank should not impede another central bank's ability to carry out its mandate for monetary and financial stability,\" he said.</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>China proposes global rules for central bank digital currencies</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 proposes global rules for central bank digital currencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-25 20:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.</p>\n<p>Global central banks are looking at developing digital currencies to modernise their financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up domestic and international payments. China is one of the most advanced in its effort.</p>\n<p>Mu Changchun, the director-general of the PBOC's digital currency institute, laid out the new proposals at a Bank for International Settlements seminar.</p>\n<p>\"Interoperability should be enabled between CBDC (central bank digital currency) systems of different jurisdictions and exchange,\" he said. The PBOC had shared the proposals with other central banks and monetary authorities, he said.</p>\n<p>\"Information flow and fund flows should be synchronised so as to facilitate regulators to monitor the transactions for compliance.\"</p>\n<p>As digital currencies such as bitcoin gain more traction with mainstream companies and investors, and as private efforts like the <a href=\"https://laohu8.com/S/FB\">Facebook</a>-backed Diem seek approval, the onus is on central banks to accelerate plans to issue digital cash to fend off threats to their control over money.</p>\n<p>The PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce dependence on the dollar-dominated payment system.</p>\n<p>The European Central Bank is also exploring the introduction of a digital euro, within the next five years. It's running into opposition from Germany, though, where the Bundesbank worries that a digital euro could pose risks to banks .</p>\n<p>A CBDC that gains wide acceptance in international trade and payments could ultimately erode the dollar's status as the de facto currency of world trade and undermine U.S. influence, many analysts say.</p>\n<p>China said separately on Thursday it would quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth.</p>\n<p>Mu added that a key global rule should be a \"fair supply of digital currencies\" by world central banks to continue supporting the healthy evolution and financial stability of the international monetary system.</p>\n<p>A \"digital currency supplied by <a href=\"https://laohu8.com/S/AONE.U\">one</a> central bank should not impede another central bank's ability to carry out its mandate for monetary and financial stability,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122052417","content_text":"LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.\nGlobal central banks are looking at developing digital currencies to modernise their financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up domestic and international payments. China is one of the most advanced in its effort.\nMu Changchun, the director-general of the PBOC's digital currency institute, laid out the new proposals at a Bank for International Settlements seminar.\n\"Interoperability should be enabled between CBDC (central bank digital currency) systems of different jurisdictions and exchange,\" he said. The PBOC had shared the proposals with other central banks and monetary authorities, he said.\n\"Information flow and fund flows should be synchronised so as to facilitate regulators to monitor the transactions for compliance.\"\nAs digital currencies such as bitcoin gain more traction with mainstream companies and investors, and as private efforts like the Facebook-backed Diem seek approval, the onus is on central banks to accelerate plans to issue digital cash to fend off threats to their control over money.\nThe PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce dependence on the dollar-dominated payment system.\nThe European Central Bank is also exploring the introduction of a digital euro, within the next five years. It's running into opposition from Germany, though, where the Bundesbank worries that a digital euro could pose risks to banks .\nA CBDC that gains wide acceptance in international trade and payments could ultimately erode the dollar's status as the de facto currency of world trade and undermine U.S. influence, many analysts say.\nChina said separately on Thursday it would quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth.\nMu added that a key global rule should be a \"fair supply of digital currencies\" by world central banks to continue supporting the healthy evolution and financial stability of the international monetary system.\nA \"digital currency supplied by one central bank should not impede another central bank's ability to carry out its mandate for monetary and financial stability,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358694474,"gmtCreate":1616683384998,"gmtModify":1634524561284,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"What?","listText":"What?","text":"What?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358694474","repostId":"1171024907","repostType":4,"repost":{"id":"1171024907","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616675693,"share":"https://www.laohu8.com/m/news/1171024907?lang=&edition=full","pubTime":"2021-03-25 20:34","market":"us","language":"en","title":"Weekly jobless claims tumble to lowest level in more than a year","url":"https://stock-news.laohu8.com/highlight/detail?id=1171024907","media":"Tiger Newspress","summary":"First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hir","content":"<p>First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday.</p>\n<p>Claims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 since the Covid-19 pandemic began just over a year ago.</p>\n<p>Economists surveyed by Dow Jones had been expecting claims to total 735,000 after an unexpected spike the week before.</p>\n<p>A separate release Thursday morning showed that gross domestic product was stronger than anticipated in the fourth quarter. The third and final reading on GDP showed a gain of 4.3%, up from previous estimates and the Wall Street consensus of 4.1%.</p>\n<p>Policymakers have been watching the jobs data more closely, though, for clues about where the economy is headed. Last week’s progress showed that the jobs market is gaining traction amid aggressive government stimulus and a vaccination program that is seeing close to 2.5 million Americans a day getting shots aimed at stopping the Covid-19 spread.</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>Weekly jobless claims tumble to lowest level in more than a year</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\">\nWeekly jobless claims tumble to lowest level in more than a year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-25 20:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday.</p>\n<p>Claims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 since the Covid-19 pandemic began just over a year ago.</p>\n<p>Economists surveyed by Dow Jones had been expecting claims to total 735,000 after an unexpected spike the week before.</p>\n<p>A separate release Thursday morning showed that gross domestic product was stronger than anticipated in the fourth quarter. The third and final reading on GDP showed a gain of 4.3%, up from previous estimates and the Wall Street consensus of 4.1%.</p>\n<p>Policymakers have been watching the jobs data more closely, though, for clues about where the economy is headed. Last week’s progress showed that the jobs market is gaining traction amid aggressive government stimulus and a vaccination program that is seeing close to 2.5 million Americans a day getting shots aimed at stopping the Covid-19 spread.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171024907","content_text":"First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday.\nClaims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 since the Covid-19 pandemic began just over a year ago.\nEconomists surveyed by Dow Jones had been expecting claims to total 735,000 after an unexpected spike the week before.\nA separate release Thursday morning showed that gross domestic product was stronger than anticipated in the fourth quarter. The third and final reading on GDP showed a gain of 4.3%, up from previous estimates and the Wall Street consensus of 4.1%.\nPolicymakers have been watching the jobs data more closely, though, for clues about where the economy is headed. Last week’s progress showed that the jobs market is gaining traction amid aggressive government stimulus and a vaccination program that is seeing close to 2.5 million Americans a day getting shots aimed at stopping the Covid-19 spread.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358694044,"gmtCreate":1616683325888,"gmtModify":1634524561623,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Pain","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>Pain","text":"$AMC Entertainment(AMC)$Pain","images":[{"img":"https://static.tigerbbs.com/47ad2c6c472deef3a1242d7c10051f40","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358694044","isVote":1,"tweetType":1,"viewCount":248,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":199751989,"gmtCreate":1620736249641,"gmtModify":1634196737680,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>So um should I pull out?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>So um should I pull out?","text":"$GameStop(GME)$So um should I pull out?","images":[{"img":"https://static.tigerbbs.com/f3e4ad1cd40fa5f97b7021145d4df2a6","width":"1242","height":"1767"}],"top":1,"highlighted":2,"essential":1,"paper":1,"likeSize":0,"commentSize":13,"repostSize":0,"link":"https://laohu8.com/post/199751989","isVote":1,"tweetType":1,"viewCount":2346,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3575764178135145","authorId":"3575764178135145","name":"MaRo","avatar":"https://static.tigerbbs.com/8c7022bbcac13197c84f0d963050133e","crmLevel":3,"crmLevelSwitch":0,"idStr":"3575764178135145","authorIdStr":"3575764178135145"},"content":"HODL住，会上月球的","text":"HODL住，会上月球的","html":"HODL住，会上月球的"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":191489672,"gmtCreate":1620898415596,"gmtModify":1631883990294,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Tesla has always been one of the more consistent ones so I’ll wait.&nbsp;","listText":"Tesla has always been one of the more consistent ones so I’ll wait.&nbsp;","text":"Tesla has always been one of the more consistent ones so I’ll wait.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":6,"repostSize":0,"link":"https://laohu8.com/post/191489672","repostId":"1139120087","repostType":2,"repost":{"id":"1139120087","kind":"news","pubTimestamp":1620802870,"share":"https://www.laohu8.com/m/news/1139120087?lang=&edition=full","pubTime":"2021-05-12 15:01","market":"us","language":"en","title":"Tesla: Beware Of The Unwinding Of The Gamma Squeeze","url":"https://stock-news.laohu8.com/highlight/detail?id=1139120087","media":"seekingalpha","summary":"Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.In the company’s recent earnings call, Tesla  CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.Despite the low-profit margins and past failed attempts by the likes o","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.</li>\n <li>Adverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.</li>\n <li>Intense competition in key markets and construction delay at the German factory do not help.</li>\n <li>Selling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.</li>\n</ul>\n<p>The automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.</p>\n<p>In the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.</p>\n<p>Despite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.</p>\n<p>However, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.</p>\n<p>The EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.</p>\n<p>Against this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:</p>\n<ul>\n <li>Adverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market</li>\n <li>Increasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities</li>\n <li>Construction delays at the German factory</li>\n <li>Intense competition from legacy automakers in its key markets</li>\n</ul>\n<p>But there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.</p>\n<p>Option hedging has a significant impact on Tesla’s share price</p>\n<p>Typical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.</p>\n<p><b>Delta hedging and the gamma squeeze</b></p>\n<p>When option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.</p>\n<p>The value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.</p>\n<p><img src=\"https://static.tigerbbs.com/1f6fe1d60b7cacf9eece9460c672dc8f\" tg-width=\"640\" tg-height=\"408\"><i>Variation of option price with share price and expiry: Data sourced from Option Council</i></p>\n<p>Last year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.</p>\n<p>If the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.</p>\n<p>This additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.</p>\n<p><b>Option expiry and the unwinding of the gamma squeeze</b></p>\n<p>As the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.</p>\n<p>If the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.</p>\n<p>Selling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)</p>\n<p>If option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.</p>\n<p><b>The effect of short expiry versus long expiry options</b></p>\n<p>Most weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.</p>\n<p>But the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.</p>\n<p>Based on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:</p>\n<p><img src=\"https://static.tigerbbs.com/f47d2184c62ffb8f38c4cc633baac772\" tg-width=\"640\" tg-height=\"353\"><i>Open interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.</i></p>\n<p>If this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.</p>\n<p>This does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.</p>\n<p><b>A falling share price generates downward gamma</b></p>\n<p>In addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.</p>\n<p>If you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.</p>\n<p><b>Summary and Conclusion</b></p>\n<p>There is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.</p>\n<p>Options trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.</p>\n<p><b>A note about data source and possible inaccuracies</b></p>\n<p>All the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.</p>\n<p>Option open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.</p>\n<p>However, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.</p>\n<p>I hold a very small position in July puts.</p>","source":"seekingalpha","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>Tesla: Beware Of The Unwinding Of The Gamma Squeeze</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\">\nTesla: Beware Of The Unwinding Of The Gamma Squeeze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 15:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety...</p>\n\n<a href=\"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139120087","content_text":"Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety of Tesla’s FSD option is adding to the downdraft.\nIntense competition in key markets and construction delay at the German factory do not help.\nSelling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.\n\nThe automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.\nIn the company’s recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.\nDespite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Tesla’s skyrocketing share performance, driving prices into bubble territory.\nHowever, Tesla’s financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.\nThe EV bubble is now deflating, Tesla is down 30% from its January high. Tesla’s would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) – 62%. Tesla’s Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.\nAgainst this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:\n\nAdverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market\nIncreasing doubts about the safety and capabilities of Tesla’s Full Self Driving option, and the associated liabilities\nConstruction delays at the German factory\nIntense competition from legacy automakers in its key markets\n\nBut there is one factor that does not get the same attention in the media but may have an impact on Tesla’s share price in the second half of this year. It is the potential selling pressure from the high volume of “in the money call” options that expire in the next year – The unwinding of the gamma squeeze that some investors claim was the reason why Tesla’s shares reached their astronomical heights last year.\nOption hedging has a significant impact on Tesla’s share price\nTypical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Tesla’s share price.\nDelta hedging and the gamma squeeze\nWhen option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.\nThe value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.\nVariation of option price with share price and expiry: Data sourced from Option Council\nLast year, when Tesla shares were hot, a lot of investors bought long-dated “out of the money” call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.\nIf the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.\nThis additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.\nOption expiry and the unwinding of the gamma squeeze\nAs the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.\nIf the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.\nSelling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)\nIf option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. I’ll refer to that as the put/call balance point.\nThe effect of short expiry versus long expiry options\nMost weekly options don’t come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.\nBut the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.\nBased on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:\nOpen interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.\nIf this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.\nThis does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.\nA falling share price generates downward gamma\nIn addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Tesla’s share price rose last year.\nIf you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.\nSummary and Conclusion\nThere is a large volume of deep-in-the-money call options purchased during Tesla’s share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.\nOptions trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Tesla’s share price at present, I think this would be a good time to take profits if you hold a long position, and don’t be tempted to buy the dip if the share price drops over the next few weeks.\nA note about data source and possible inaccuracies\nAll the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.\nOption open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we don’t know how much of the stated open interest is long and how much is short.\nHowever, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.\nI hold a very small position in July puts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":721,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347270015,"gmtCreate":1618498854337,"gmtModify":1634292492078,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Lmao","listText":"Lmao","text":"Lmao","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/347270015","repostId":"1153108819","repostType":4,"repost":{"id":"1153108819","kind":"news","pubTimestamp":1618497574,"share":"https://www.laohu8.com/m/news/1153108819?lang=&edition=full","pubTime":"2021-04-15 22:39","market":"us","language":"en","title":"GameStop’s Shakeup Will Do Little to Alleviate Its Woes","url":"https://stock-news.laohu8.com/highlight/detail?id=1153108819","media":"InvestorPlace","summary":"GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.Ga","content":"<blockquote>GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.</blockquote><p>GameStoop fell about 7.5%&nbsp;in morning  trading.</p><p><img src=\"https://static.tigerbbs.com/48ede96d6233c7b39a789ae18b488344\" tg-width=\"708\" tg-height=\"500\" referrerpolicy=\"no-referrer\"></p><p>Video game retailer&nbsp;<b>GameStop</b>(NYSE:<b><u>GME</u></b>) is the most talked-about meme stock in recent memory. Thanks to a Reddit-induced short squeeze, it is one of the best-performing stocks in the past 12 months, with hardly any fundamentals to back that up. Despite a 40% drop in its price this month, it still trades more than 89 times its cash flows. What’s next for GME stock is anybody’s guess, but one thing is clear: the odds are heavily stacked against Gamestop in transforming its business.</p><p>A lot is riding on the induction ofChewy co-founder Ryan Cohenfor the company’s big e-commerce pivot. Under Cohen, the newly revamped board of directors is transforming the company from a retailer to a technology company. Global E-commerce saleshave shot up 191% in fiscal 2020, which shows its initiatives’ potential. However, nothing is a given with GameStop, considering its spotty track record. There are many holes in the company’s strategic plans, which should continue to impact its long-term outlook.</p><p><b>Cohen’s Transformative Plans</b></p><p>In an executive shakeup, GameStop named Ryan Cohen as its chairman. Cohen is known as an activist investor and the co-founder of pet supplies retailer Chewy.&nbsp; Hehad purchased a 10% stakein GameStop back in August last year and later increased it to 13%. In an SEC feeling in November, he talked about how the company needed to transform itself from a retailer to a tech company.</p><p>Naturally, Cohen has brought new leadership in executing his plans. However, to everyone’s surprise, the new appointments include marketers, customer care experts, web designers, and other IT professionals with little hands-on knowledge in the gaming industry. One would expect Cohen to introduce individuals with practical experience of the industry and well-versed with its developments.</p><p>More importantly, he seems to be missing the plot about how GameStop’s competition is incidentally its vendors. With the rising popularity of digital purchases, original equipment manufacturers (OEMs) are becoming less reliant on intermediary businesses. &nbsp;Therefore in many ways, the latest console upgrade cycle is likely to be significantly less profitable.</p><p>The last console upgrade cycle was back in 2013, where total global sales for its holiday periodwere at $3.15 billion. On the flip side, the holiday results for 2020 were at $1.7 billion, whichdecreased 3.1% compared to 2019. Hence, OEMs will continue to offer their content through their digital platforms, limiting GameStop and other related companies’ market share.</p><p><b>The Bottom Line on GME Stock</b></p><p>So where will the company go from here? I have no idea. The GameStop saga has arguably been one of the weirdest stock market stories in recent memory. It’s clear from a fundamental standpoint, though, that the stock is grossly overvalued.&nbsp; For example, its enterprise value to EBITDA ratio is more than 3,600% higher than the sector average. Moreover, its forward price to book ratio is also more than 375% higher than the sector average.</p><p>Many price targets for the stock are more than 70% lower than its current stock price. Moreover, the dispersal between its high and low estimates is more than $150 at this time. The reality is that if you factor in the risks associated with its business, its value is not even close to where it’s trading at this time.</p><p>GME stock has had a rollercoaster of a ride this year. However, it appears that it’s not exactly the mother of all short stocks at this point. Short interest as a % of the float was roughly 18% when it exceeded 100% in January. Moreover, its new chairman in Ryan Cohen seems to be missing the trick in understanding the company’s underlying problems. Therefore, it would be best for long and short sellers to steer clear of GME Stock.</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>GameStop’s Shakeup Will Do Little to Alleviate Its Woes</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\">\nGameStop’s Shakeup Will Do Little to Alleviate Its Woes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-15 22:39 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/gme-stock-shakeup-will-do-little-to-alleviate-its-woes/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.GameStoop fell about 7.5% in morning  trading.Video game retailer GameStop(NYSE:GME) is the most ...</p>\n\n<a href=\"https://investorplace.com/2021/04/gme-stock-shakeup-will-do-little-to-alleviate-its-woes/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"source_url":"https://investorplace.com/2021/04/gme-stock-shakeup-will-do-little-to-alleviate-its-woes/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153108819","content_text":"GME stock's new leadership needs to get its priorities straight if it hopes to turn things around.GameStoop fell about 7.5% in morning  trading.Video game retailer GameStop(NYSE:GME) is the most talked-about meme stock in recent memory. Thanks to a Reddit-induced short squeeze, it is one of the best-performing stocks in the past 12 months, with hardly any fundamentals to back that up. Despite a 40% drop in its price this month, it still trades more than 89 times its cash flows. What’s next for GME stock is anybody’s guess, but one thing is clear: the odds are heavily stacked against Gamestop in transforming its business.A lot is riding on the induction ofChewy co-founder Ryan Cohenfor the company’s big e-commerce pivot. Under Cohen, the newly revamped board of directors is transforming the company from a retailer to a technology company. Global E-commerce saleshave shot up 191% in fiscal 2020, which shows its initiatives’ potential. However, nothing is a given with GameStop, considering its spotty track record. There are many holes in the company’s strategic plans, which should continue to impact its long-term outlook.Cohen’s Transformative PlansIn an executive shakeup, GameStop named Ryan Cohen as its chairman. Cohen is known as an activist investor and the co-founder of pet supplies retailer Chewy.  Hehad purchased a 10% stakein GameStop back in August last year and later increased it to 13%. In an SEC feeling in November, he talked about how the company needed to transform itself from a retailer to a tech company.Naturally, Cohen has brought new leadership in executing his plans. However, to everyone’s surprise, the new appointments include marketers, customer care experts, web designers, and other IT professionals with little hands-on knowledge in the gaming industry. One would expect Cohen to introduce individuals with practical experience of the industry and well-versed with its developments.More importantly, he seems to be missing the plot about how GameStop’s competition is incidentally its vendors. With the rising popularity of digital purchases, original equipment manufacturers (OEMs) are becoming less reliant on intermediary businesses.  Therefore in many ways, the latest console upgrade cycle is likely to be significantly less profitable.The last console upgrade cycle was back in 2013, where total global sales for its holiday periodwere at $3.15 billion. On the flip side, the holiday results for 2020 were at $1.7 billion, whichdecreased 3.1% compared to 2019. Hence, OEMs will continue to offer their content through their digital platforms, limiting GameStop and other related companies’ market share.The Bottom Line on GME StockSo where will the company go from here? I have no idea. The GameStop saga has arguably been one of the weirdest stock market stories in recent memory. It’s clear from a fundamental standpoint, though, that the stock is grossly overvalued.  For example, its enterprise value to EBITDA ratio is more than 3,600% higher than the sector average. Moreover, its forward price to book ratio is also more than 375% higher than the sector average.Many price targets for the stock are more than 70% lower than its current stock price. Moreover, the dispersal between its high and low estimates is more than $150 at this time. The reality is that if you factor in the risks associated with its business, its value is not even close to where it’s trading at this time.GME stock has had a rollercoaster of a ride this year. However, it appears that it’s not exactly the mother of all short stocks at this point. Short interest as a % of the float was roughly 18% when it exceeded 100% in January. Moreover, its new chairman in Ryan Cohen seems to be missing the trick in understanding the company’s underlying problems. Therefore, it would be best for long and short sellers to steer clear of GME Stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108642359,"gmtCreate":1620023198571,"gmtModify":1634208436052,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Give it time. It will hopefully increase evantually.&nbsp;","listText":"Give it time. It will hopefully increase evantually.&nbsp;","text":"Give it time. It will hopefully increase evantually.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/108642359","repostId":"2132569212","repostType":2,"repost":{"id":"2132569212","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1620003728,"share":"https://www.laohu8.com/m/news/2132569212?lang=&edition=full","pubTime":"2021-05-03 09:02","market":"us","language":"en","title":"New meme stocks swing as shorts and retail investors face off again","url":"https://stock-news.laohu8.com/highlight/detail?id=2132569212","media":"Reuters","summary":"Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle ","content":"<p><img src=\"https://static.tigerbbs.com/9686ae81f9bf789d68f991d4195c960b\" tg-width=\"1200\" tg-height=\"714\"></p>\n<p>Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop&nbsp;captivated Wall Street’s attention.</p>\n<p>Stocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.</p>\n<p>Biopharmaceutical company Ocugen Inc&nbsp;is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.</p>\n<p>Those moves do not approach the stunning, nearly 1,700% gain in video game retailer GameStop Corp in January, which was fueled in part by&nbsp;a flurry of buying&nbsp;that forced hedge funds like Melvin Capital to unwind their bets against the stock, sending it higher. Shares of the video game retailer and many other meme stocks that rallied in its wake are well off their highs, and retail trading has dropped from levels seen earlier in the year.</p>\n<p>\"We're seeing some return of interest to those Reddit-type stocks but not with the same pace and fervor we saw before,\" said Robert Phipps, a director at Per Stirling Capital Management.</p>\n<p>Still, some market-watchers believe a smaller-scale face-off between retail investors and short sellers may have sparked part of the volatility in MicroVision and other recent movers.</p>\n<p>Average short interest in a basket of 50 stocks with market capitalization of under $100 billion monitored by Vanda Research has climbed to levels last seen in January, the firm said in a report earlier this week.</p>\n<p>At the same time, cash equity purchases and the premium spent on call options for MicroVision and some of the other gainers soared in recent weeks, an indicator of retail buying, according to analysts at Vanda, which tracks retail activity.</p>\n<p>\"With the precedent of Melvin Capital in mind, we suspect that the long/short community started to trim bearish bets as soon as they sniffed a potential comeback from the Reddit crowd,\" Vanda’s analysts wrote.</p>\n<p>MicroVision, which traded below $1 as recently as June 2020, is up 210% since short seller Hindenburg Research said it was betting against the company’s stock on Dec. 22, illustrating the potential dangers bearish investors face when positioning against meme stocks. Hindenburg Research did not respond to requests for comment.</p>\n<p>“Right now you can have a perfectly logical reason to short a stock and still take a terrible beating if a group of small traders pull together to push the stock in the other direction,\" said Phipps.</p>\n<p><b>WATCHING WSB</b></p>\n<p>Carson Block, founder of short seller Muddy Waters Research, said he keeps a keen eye on online chatter and forums such as WallStreetBets, where users often attempt to coordinate their buying in stocks they believe are short-squeeze candidates.</p>\n<p>“We are now watching closely,” said Block.</p>\n<p>Block said he is now more focused on technical aspects such as companies where a high percentage of stock is owned by insiders and institutional investors that are unlikely to sell the shares.</p>\n<p>Whether the stars will align anytime soon for another move on the scale of GameStop's remains to be seen. That stock had a combination of short interest that peaked at about 145% of the float, according to S3 Partners data, a massive following among retail investors and institutions happy to jump in on the shares' wild ride.</p>\n<p>Investors are “looking for history possibly to repeat or looking for stocks that are going to go parabolic,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, “GameStop was such an outlier in price moves that (it) is difficult for that to happen again.”</p>\n<p>There are signs, however, that broader trading activity among retail investors may be picking up.</p>\n<p>In the latest week, there was $700 million in net retail buying of large-cap companies tracked by JPMorgan, compared with $500 million in the previous period, the bank said in a report issued on Wednesday.</p>\n<p>Vanda Research said purchases of single stocks by retail investors have ticked higher, though they remain much lower than in previous months. Meanwhile, buying of exchange-traded funds by retail investors fell earlier in the week to its lowest levels since late last year, a potential sign they may be ready to take on more risk, the firm said.</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>New meme stocks swing as shorts and retail investors face off again</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\">\nNew meme stocks swing as shorts and retail investors face off again\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-03 09:02</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><img src=\"https://static.tigerbbs.com/9686ae81f9bf789d68f991d4195c960b\" tg-width=\"1200\" tg-height=\"714\"></p>\n<p>Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop&nbsp;captivated Wall Street’s attention.</p>\n<p>Stocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.</p>\n<p>Biopharmaceutical company Ocugen Inc&nbsp;is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.</p>\n<p>Those moves do not approach the stunning, nearly 1,700% gain in video game retailer GameStop Corp in January, which was fueled in part by&nbsp;a flurry of buying&nbsp;that forced hedge funds like Melvin Capital to unwind their bets against the stock, sending it higher. Shares of the video game retailer and many other meme stocks that rallied in its wake are well off their highs, and retail trading has dropped from levels seen earlier in the year.</p>\n<p>\"We're seeing some return of interest to those Reddit-type stocks but not with the same pace and fervor we saw before,\" said Robert Phipps, a director at Per Stirling Capital Management.</p>\n<p>Still, some market-watchers believe a smaller-scale face-off between retail investors and short sellers may have sparked part of the volatility in MicroVision and other recent movers.</p>\n<p>Average short interest in a basket of 50 stocks with market capitalization of under $100 billion monitored by Vanda Research has climbed to levels last seen in January, the firm said in a report earlier this week.</p>\n<p>At the same time, cash equity purchases and the premium spent on call options for MicroVision and some of the other gainers soared in recent weeks, an indicator of retail buying, according to analysts at Vanda, which tracks retail activity.</p>\n<p>\"With the precedent of Melvin Capital in mind, we suspect that the long/short community started to trim bearish bets as soon as they sniffed a potential comeback from the Reddit crowd,\" Vanda’s analysts wrote.</p>\n<p>MicroVision, which traded below $1 as recently as June 2020, is up 210% since short seller Hindenburg Research said it was betting against the company’s stock on Dec. 22, illustrating the potential dangers bearish investors face when positioning against meme stocks. Hindenburg Research did not respond to requests for comment.</p>\n<p>“Right now you can have a perfectly logical reason to short a stock and still take a terrible beating if a group of small traders pull together to push the stock in the other direction,\" said Phipps.</p>\n<p><b>WATCHING WSB</b></p>\n<p>Carson Block, founder of short seller Muddy Waters Research, said he keeps a keen eye on online chatter and forums such as WallStreetBets, where users often attempt to coordinate their buying in stocks they believe are short-squeeze candidates.</p>\n<p>“We are now watching closely,” said Block.</p>\n<p>Block said he is now more focused on technical aspects such as companies where a high percentage of stock is owned by insiders and institutional investors that are unlikely to sell the shares.</p>\n<p>Whether the stars will align anytime soon for another move on the scale of GameStop's remains to be seen. That stock had a combination of short interest that peaked at about 145% of the float, according to S3 Partners data, a massive following among retail investors and institutions happy to jump in on the shares' wild ride.</p>\n<p>Investors are “looking for history possibly to repeat or looking for stocks that are going to go parabolic,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, “GameStop was such an outlier in price moves that (it) is difficult for that to happen again.”</p>\n<p>There are signs, however, that broader trading activity among retail investors may be picking up.</p>\n<p>In the latest week, there was $700 million in net retail buying of large-cap companies tracked by JPMorgan, compared with $500 million in the previous period, the bank said in a report issued on Wednesday.</p>\n<p>Vanda Research said purchases of single stocks by retail investors have ticked higher, though they remain much lower than in previous months. Meanwhile, buying of exchange-traded funds by retail investors fell earlier in the week to its lowest levels since late last year, a potential sign they may be ready to take on more risk, the firm said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站",".DJI":"道琼斯","OCGN":"Ocugen",".IXIC":"NASDAQ Composite","MVIS":"维视图像","SKLZ":"Skillz Inc","NGD":"New Gold",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2132569212","content_text":"Recent volatility in a handful of so-called meme stocks is putting the spotlight back on the tussle between individual investors and short sellers, months after a wild ride in GameStop captivated Wall Street’s attention.\nStocks that have notched big swings this month include laser-manufacturer MicroVision Inc, a favorite on Reddit’s popular WallStreetBets forum, whose shares have risen as much as 170% since April 20 before tumbling in recent days.\nBiopharmaceutical company Ocugen Inc is up about 110% since April 20 while online video game platform Skillz, which has been added to the portfolio of Cathie Wood’s ARK funds, is up about 45%.\nThose moves do not approach the stunning, nearly 1,700% gain in video game retailer GameStop Corp in January, which was fueled in part by a flurry of buying that forced hedge funds like Melvin Capital to unwind their bets against the stock, sending it higher. Shares of the video game retailer and many other meme stocks that rallied in its wake are well off their highs, and retail trading has dropped from levels seen earlier in the year.\n\"We're seeing some return of interest to those Reddit-type stocks but not with the same pace and fervor we saw before,\" said Robert Phipps, a director at Per Stirling Capital Management.\nStill, some market-watchers believe a smaller-scale face-off between retail investors and short sellers may have sparked part of the volatility in MicroVision and other recent movers.\nAverage short interest in a basket of 50 stocks with market capitalization of under $100 billion monitored by Vanda Research has climbed to levels last seen in January, the firm said in a report earlier this week.\nAt the same time, cash equity purchases and the premium spent on call options for MicroVision and some of the other gainers soared in recent weeks, an indicator of retail buying, according to analysts at Vanda, which tracks retail activity.\n\"With the precedent of Melvin Capital in mind, we suspect that the long/short community started to trim bearish bets as soon as they sniffed a potential comeback from the Reddit crowd,\" Vanda’s analysts wrote.\nMicroVision, which traded below $1 as recently as June 2020, is up 210% since short seller Hindenburg Research said it was betting against the company’s stock on Dec. 22, illustrating the potential dangers bearish investors face when positioning against meme stocks. Hindenburg Research did not respond to requests for comment.\n“Right now you can have a perfectly logical reason to short a stock and still take a terrible beating if a group of small traders pull together to push the stock in the other direction,\" said Phipps.\nWATCHING WSB\nCarson Block, founder of short seller Muddy Waters Research, said he keeps a keen eye on online chatter and forums such as WallStreetBets, where users often attempt to coordinate their buying in stocks they believe are short-squeeze candidates.\n“We are now watching closely,” said Block.\nBlock said he is now more focused on technical aspects such as companies where a high percentage of stock is owned by insiders and institutional investors that are unlikely to sell the shares.\nWhether the stars will align anytime soon for another move on the scale of GameStop's remains to be seen. That stock had a combination of short interest that peaked at about 145% of the float, according to S3 Partners data, a massive following among retail investors and institutions happy to jump in on the shares' wild ride.\nInvestors are “looking for history possibly to repeat or looking for stocks that are going to go parabolic,” said Ihor Dusaniwsky, managing director of predictive analytics at S3 Partners. However, “GameStop was such an outlier in price moves that (it) is difficult for that to happen again.”\nThere are signs, however, that broader trading activity among retail investors may be picking up.\nIn the latest week, there was $700 million in net retail buying of large-cap companies tracked by JPMorgan, compared with $500 million in the previous period, the bank said in a report issued on Wednesday.\nVanda Research said purchases of single stocks by retail investors have ticked higher, though they remain much lower than in previous months. Meanwhile, buying of exchange-traded funds by retail investors fell earlier in the week to its lowest levels since late last year, a potential sign they may be ready to take on more risk, the firm said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":390,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191480498,"gmtCreate":1620898390514,"gmtModify":1634195466043,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/191480498","repostId":"1147949263","repostType":4,"repost":{"id":"1147949263","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1620897039,"share":"https://www.laohu8.com/m/news/1147949263?lang=&edition=full","pubTime":"2021-05-13 17:10","market":"us","language":"en","title":"Bilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)","url":"https://stock-news.laohu8.com/highlight/detail?id=1147949263","media":"Tiger Newspress","summary":"Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a lea","content":"<p>Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.</p><p><b>First Quarter 2021 Highlights:</b></p><ul><li><b>Total net revenues</b>reached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.</li><li><b>Average monthly active users (MAUs)</b>reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.</li><li><b>Average daily active users (DAUs)</b>reached 60.1 million, an 18% increase from the same period in 2020.</li><li><b>Average monthly paying users (MPUs1)</b>reached 20.5 million, a 53% increase from the same period in 2020.</li></ul><p>“We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.”</p><p>Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.”</p><p><b>First Quarter 2021 Financial Results</b></p><p><b>Total net revenues.</b>Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020.</p><p><i>Mobile games.</i>Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020.</p><p><i>Value-added services (VAS).</i>Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.</p><p><i>Advertising.</i>Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.</p><p><i>E-commerce and others.</i>Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.</p><p><b>Cost of revenues.</b>Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020.</p><p><b>Gross profit.</b>Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues.</p><p><b>Total operating expenses.</b>Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020.</p><p><i>Sales and marketing expenses.</i>Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel.</p><p><i>General and administrative expenses.</i>General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.</p><p><i>Research and development expenses.</i>Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.</p><p><b>Loss from operations.</b>Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020.</p><p><b>Income tax expense.</b>Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020.</p><p><b>Net loss.</b>Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020.</p><p><b>Adjusted net loss2.</b>Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020.</p><p><b>Basic and diluted EPS and adjustedbasic and diluted EPS2</b>. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020.</p><p><b>Cash and cash equivalents, time deposits and short-term investments.</b>As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020.</p><p><b>Secondary Listing in Hong Kong</b></p><p>On March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion.</p><p><b>Outlook</b></p><p>For the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion.</p><p>The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic.</p><p>1The paying users&nbsp;refer to users who make payments for various products and services on our platform, including purchases in games&nbsp;and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates.</p><p>2Adjusted net loss and adjusted&nbsp;basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement.</p><p>Bilibili&nbsp;rose 1.49% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/7fe5891901fba19e1fa9ad449596e068\" tg-width=\"766\" tg-height=\"494\"></p><p></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>Bilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)</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\">\nBilibili Q1 revenues reached $595.4M(+68%Y/Y), DAUs reached 60.1M(+18%Y/Y)\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-13 17:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.</p><p><b>First Quarter 2021 Highlights:</b></p><ul><li><b>Total net revenues</b>reached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.</li><li><b>Average monthly active users (MAUs)</b>reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.</li><li><b>Average daily active users (DAUs)</b>reached 60.1 million, an 18% increase from the same period in 2020.</li><li><b>Average monthly paying users (MPUs1)</b>reached 20.5 million, a 53% increase from the same period in 2020.</li></ul><p>“We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.”</p><p>Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.”</p><p><b>First Quarter 2021 Financial Results</b></p><p><b>Total net revenues.</b>Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020.</p><p><i>Mobile games.</i>Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020.</p><p><i>Value-added services (VAS).</i>Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.</p><p><i>Advertising.</i>Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.</p><p><i>E-commerce and others.</i>Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.</p><p><b>Cost of revenues.</b>Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020.</p><p><b>Gross profit.</b>Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues.</p><p><b>Total operating expenses.</b>Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020.</p><p><i>Sales and marketing expenses.</i>Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel.</p><p><i>General and administrative expenses.</i>General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.</p><p><i>Research and development expenses.</i>Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.</p><p><b>Loss from operations.</b>Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020.</p><p><b>Income tax expense.</b>Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020.</p><p><b>Net loss.</b>Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020.</p><p><b>Adjusted net loss2.</b>Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020.</p><p><b>Basic and diluted EPS and adjustedbasic and diluted EPS2</b>. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020.</p><p><b>Cash and cash equivalents, time deposits and short-term investments.</b>As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020.</p><p><b>Secondary Listing in Hong Kong</b></p><p>On March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion.</p><p><b>Outlook</b></p><p>For the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion.</p><p>The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic.</p><p>1The paying users&nbsp;refer to users who make payments for various products and services on our platform, including purchases in games&nbsp;and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates.</p><p>2Adjusted net loss and adjusted&nbsp;basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement.</p><p>Bilibili&nbsp;rose 1.49% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/7fe5891901fba19e1fa9ad449596e068\" tg-width=\"766\" tg-height=\"494\"></p><p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BILI":"哔哩哔哩","09626":"哔哩哔哩-W"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147949263","content_text":"Bilibili Inc. (“Bilibili” or the “Company”) (NASDAQ: BILI and HKEX: 9626), an iconic brand and a leading video community for young generations in China, today announced its unaudited financial results for the first quarter ended March 31, 2021.First Quarter 2021 Highlights:Total net revenuesreached RMB3,901.1 million (US$595.4 million), a 68% increase from the same period in 2020.Average monthly active users (MAUs)reached 223.3 million, and mobile MAUs reached 208.5 million, representing increases of 30% and 33%, respectively, from the same period in 2020.Average daily active users (DAUs)reached 60.1 million, an 18% increase from the same period in 2020.Average monthly paying users (MPUs1)reached 20.5 million, a 53% increase from the same period in 2020.“We kicked off 2021 with strong user growth and topline expansion, placing us firmly on track to achieve our growth target,” said Mr. Rui Chen, Chairman of the Board and Chief Executive Officer of Bilibili. “With a booming content ecosystem and fervent community bonds, our MAUs reached 223 million in the first quarter, up 30% compared with last year’s high base. Our users remained active and engaged, spending a daily average of 82 minutes on our platform. On March 29, 2021, we successfully completed our dual listing on the Hong Kong Stock Exchange, welcoming a broader base of investors and extending our presence in a financial market closer to home. Riding the massive wave of videolization, we aim to further grow our mindshare among the Gen Z+ demographic as the premium destination for video-based content and seize the tremendous growth opportunities in the video-based industry.”Mr. Sam Fan, Chief Financial Officer of Bilibili, said, “We achieved strong financial performance in the first quarter, with record revenues of RMB3,901 million, up 68% year-over-year. MPUs increased to 20.5 million promoting our paying ratio to a record 9.2%. Our gross margin also improved to 24%, compared with 23% for the same period last year. With the completion of our Hong Kong public offering, we successfully raised approximately HKD22.9 billion after deducting underwriting fees and other offering expenses, which places us in healthy financial standings that support our growth. Our focus remains on investing in our increasingly robust content ecosystem as we continue to build our dynamic video-based Bilibili brand.”First Quarter 2021 Financial ResultsTotal net revenues.Total net revenues were RMB3,901.1 million (US$595.4 million), representing an increase of 68% from the same period of 2020.Mobile games.Revenues from mobile games were RMB1,170.7 million (US$178.7 million), representing an increase of 2% from the same period of 2020.Value-added services (VAS).Revenues from VAS were RMB1,496.5 million (US$228.4 million), representing an increase of 89% from the same period of 2020, mainly attributable to the Company’s enhanced monetization efforts, led by increases in the number of paying users for the Company’s value-added services including the premium membership program, live broadcasting services and other value-added services.Advertising.Revenues from advertising were RMB714.7 million (US$109.1 million), representing an increase of 234% from the same period of 2020. This increase was primarily attributable to further recognition of Bilibili’s brand name in China’s online advertising market, as well as Bilibili’s improved advertising efficiency.E-commerce and others.Revenues from e-commerce and others were RMB519.2 million (US$79.2 million), representing an increase of 230% from the same period of 2020, primarily attributable to the increase in sales of products through the Company’s e-commerce platform.Cost of revenues.Cost of revenues was RMB2,963.2 million (US$452.3 million), representing an increase of 66%, compared with the same period of 2020. Revenue-sharing cost, a key component of cost of revenues, was RMB1,400.7 million (US$213.8 million), representing an increase of 58% from the same period in 2020.Gross profit.Gross profit was RMB937.9 million (US$143.1 million), representing an increase of 77% from the same period in 2020, which was primarily due to increased net revenues.Total operating expenses.Total operating expenses were RMB1,968.8 million (US$300.5 million), representing an increase of 83% from the same period of 2020.Sales and marketing expenses.Sales and marketing expenses were RMB1,000.1 million (US$152.6 million), representing a 65% increase year-over-year. The increase was primarily attributable to increased channel and marketing expenses to promote Bilibili’s app and brand, as well as an increase in headcount in sales and marketing personnel.General and administrative expenses.General and administrative expenses were RMB388.5 million (US$59.3 million), representing a 127% increase year-over-year. The increase was primarily due to increased headcount in general and administrative personnel, increased share-based compensation expenses, higher rental expenses and other general and administrative expenses.Research and development expenses.Research and development expenses were RMB580.3 million (US$88.6 million), representing a 95% increase year-over-year. The increase was primarily due to increased headcount in research and development personnel and increased share-based compensation expenses.Loss from operations.Loss from operations was RMB1,031.0 million (US$157.4 million), compared with RMB544.2 million in the same period of 2020.Income tax expense.Income tax expense was RMB12.5 million (US$1.9 million), compared with RMB9.4 million in the same period of 2020.Net loss.Net loss was RMB904.9 million (US$138.1 million), compared with RMB538.6 million in the same period of 2020.Adjusted net loss2.Adjusted net loss, which is a non-GAAP measure that excludes share-based compensation expenses, amortization expense related to intangible assets acquired through business acquisitions and income tax related to intangible assets acquired through business acquisition, was RMB665.8 million (US$101.6 million), compared to RMB474.6 million in the same period of 2020.Basic and diluted EPS and adjustedbasic and diluted EPS2. Basic and diluted net loss per share were RMB2.54 (US$0.39), compared with RMB1.62 in the same period of 2020. Adjusted basic and diluted net loss per share were RMB1.87 (US$0.29), compared with RMB1.43 in the same period of 2020.Cash and cash equivalents, time deposits and short-term investments.As of March 31, 2021, the Company had cash and cash equivalents, time deposits, as well as short-term investments of RMB27.0 billion (US$4.1 billion), compared with RMB12.8 billion as of December 31, 2020.Secondary Listing in Hong KongOn March 29, 2021, Bilibili successfully listed its Class Z ordinary shares on the main board of the Hong Kong Stock Exchange. The Company issued a total 28,750,000 Class Z ordinary shares in the global offering, including the fully exercised over-allotment option of 3,750,000 Class Z ordinary shares on April 21, 2021. Net proceeds from the global offering, including the over-allotment option, after deducting underwriting fees and other offering expenses, were approximately HKD22.9 billion.OutlookFor the second quarter of 2021, the Company currently expects net revenues to be between RMB4.25 billion and RMB4.35 billion.The above outlook is based on the current market conditions and reflects the Company’s preliminary estimates, which are all subject to various uncertainties, including those related to the ongoing COVID-19 pandemic.1The paying users refer to users who make payments for various products and services on our platform, including purchases in games and payments for VAS (excluding purchases on our e-commerce platform). A user who makes payments across different products and services offered on our platform using the same registered account is counted as one paying user and we add the number of paying users of Maoer towards our total paying users without eliminating duplicates.2Adjusted net loss and adjusted basic and diluted EPS are non-GAAP financial measures. For more information on non-GAAP financial measures, please see the section of “Use of Non-GAAP Financial Measures” and the table captioned “Unaudited Reconciliations of GAAP and Non-GAAP Results” set forth at the end of this announcement.Bilibili rose 1.49% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":416,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191483097,"gmtCreate":1620898441819,"gmtModify":1634195465344,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"I agree. Please sell. [Smile]&nbsp;","listText":"I agree. Please sell. [Smile]&nbsp;","text":"I agree. Please sell. [Smile]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/191483097","repostId":"1186620588","repostType":4,"repost":{"id":"1186620588","kind":"news","pubTimestamp":1620915120,"share":"https://www.laohu8.com/m/news/1186620588?lang=&edition=full","pubTime":"2021-05-13 22:12","market":"us","language":"en","title":"3 Compelling Reasons to Avoid AMC Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1186620588","media":"InvestorPlace","summary":"Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic pl","content":"<blockquote><b>Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.</b></blockquote><p>The pandemic hasn’t been easy for anyone, but it has been the toughest for<b>AMC Entertainment</b>(NYSE:<b><u>AMC</u></b>). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.</p><p><img src=\"https://static.tigerbbs.com/8f6efae0485c393819ccba85f126d7f7\" tg-width=\"300\" tg-height=\"169\" referrerpolicy=\"no-referrer\">Source: Helen89 / Shutterstock.com</p><p>The stock went from $2 to hit a high of $20 in January 2021 but has fallen since then. It continues to attract speculative interest and has risen significantly since the beginning of 2021. AMC stock is currently exchanging hands at $10.34, as of midday May 12, but I do not think the stock is worth your money nor your time. There is a lot going wrong for AMC and it may have been able to avoid bankruptcy, but its fundamentals are shaky. With that in mind, let’s take a look at the 3 reasons to avoid AMC stock.</p><p><b>Poor Fundamentals</b></p><p>AMC Entertainment recentlyreported the first quarter earnings&nbsp;and it incurred a loss of $567.2 million. Despite reopening most of its treaters, the company reported a loss of $1.42 a share which is higher than the $1.31 expected by the analysts. The revenue stood at $148.3 million which is a huge decline from the first quarter in 2020 while the cash balance was $813 million.</p><p>Even before the pandemic, the company’s business was flat. Even if we assume that moviegoers head to the theatres in the coming quarter, we must not expect impressive sales or revenue numbers.</p><p>It may take the entire year for the company to report strong revenue numbers. Considering the current capacity restraints, it is hard to expect the company to generate higher revenue and sales.</p><p><b>Heavy dilution</b></p><p>To survive the pandemic, AMC Entertainment has been burning a significant amount of cash and it has raised the cash through dilution. It may work well for the company but is harming the shareholders.</p><p>The company had earlier proposed the issue of 500 shares but scrapped it for the year and is planning to issue another 43 million shares. The company has quadrupled the share count in 2020. With each dilution, shareholders are losing value and investors are losing interest in the company. If AMC continues todilute the shares, there will be fewer takers for AMC stock in the future because it is a no-win scenario for investors.</p><p><b>Stiff competition</b></p><p>One cannot deny the fact that AMC Entertainment has stiff competition to handle. With a surge in OTT platforms and changing preferences of consumers, the theatre chain may not enjoy full movie rights from studios. Its biggest competition is with<b>Disney</b>&nbsp;(NYSE:<b><u>DIS</u></b>) who is making strong moves to continue using the Disney+ streaming service for new movies. It has entered into anagreement with Sonyfor the streaming of movies after the theatrical releases.</p><p>Consumers will be less willing to pay for a movie they can watch from the comfort of their homes. Several OTT platforms will be directly releasing movies without giving them a theatrical launch. Most of us are used to spending time at home and we have become accustomed to enjoying entertainment on our couches. Who would be willing to pay for a movie that is available at your home at your convenience?</p><p><b>The bottom line on AMC stock</b></p><p>If you are looking for a post-pandemic play, avoid AMC stock. There are several other options to consider.</p><p>Weak financials and changing consumer preferences make AMC a poor choice. The company will continue to face competition in the future, and will have to fight for a smaller number of customers to generate revenues. It could maintain a presence in the market and may even go high based on speculation, but it will not last long enough to generate higher revenues.</p><p>In short, avoid AMC stock this year.</p><p><i>On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article.</i></p><p>AMC rose nearly 13% in early market trading.</p><p><img src=\"https://static.tigerbbs.com/b44c7994990a17ad22e1db8d6a10a4b8\" tg-width=\"769\" tg-height=\"564\"></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>3 Compelling Reasons to Avoid AMC 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\">\n3 Compelling Reasons to Avoid AMC Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 22:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.The pandemic hasn’t been easy for anyone, but it has been the toughest forAMC Entertainment(NYSE:...</p>\n\n<a href=\"https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/05/3-compelling-reasons-to-avoid-amc-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186620588","content_text":"Poor fundamentals, heavy dilution and increasing competition make AMC stock a risky post-pandemic play.The pandemic hasn’t been easy for anyone, but it has been the toughest forAMC Entertainment(NYSE:AMC). The theatre chain has faced several problems over the past year, and after being a target of Reddit’s short squeeze, AMC stock has consistently been volatile.Source: Helen89 / Shutterstock.comThe stock went from $2 to hit a high of $20 in January 2021 but has fallen since then. It continues to attract speculative interest and has risen significantly since the beginning of 2021. AMC stock is currently exchanging hands at $10.34, as of midday May 12, but I do not think the stock is worth your money nor your time. There is a lot going wrong for AMC and it may have been able to avoid bankruptcy, but its fundamentals are shaky. With that in mind, let’s take a look at the 3 reasons to avoid AMC stock.Poor FundamentalsAMC Entertainment recentlyreported the first quarter earnings and it incurred a loss of $567.2 million. Despite reopening most of its treaters, the company reported a loss of $1.42 a share which is higher than the $1.31 expected by the analysts. The revenue stood at $148.3 million which is a huge decline from the first quarter in 2020 while the cash balance was $813 million.Even before the pandemic, the company’s business was flat. Even if we assume that moviegoers head to the theatres in the coming quarter, we must not expect impressive sales or revenue numbers.It may take the entire year for the company to report strong revenue numbers. Considering the current capacity restraints, it is hard to expect the company to generate higher revenue and sales.Heavy dilutionTo survive the pandemic, AMC Entertainment has been burning a significant amount of cash and it has raised the cash through dilution. It may work well for the company but is harming the shareholders.The company had earlier proposed the issue of 500 shares but scrapped it for the year and is planning to issue another 43 million shares. The company has quadrupled the share count in 2020. With each dilution, shareholders are losing value and investors are losing interest in the company. If AMC continues todilute the shares, there will be fewer takers for AMC stock in the future because it is a no-win scenario for investors.Stiff competitionOne cannot deny the fact that AMC Entertainment has stiff competition to handle. With a surge in OTT platforms and changing preferences of consumers, the theatre chain may not enjoy full movie rights from studios. Its biggest competition is withDisney (NYSE:DIS) who is making strong moves to continue using the Disney+ streaming service for new movies. It has entered into anagreement with Sonyfor the streaming of movies after the theatrical releases.Consumers will be less willing to pay for a movie they can watch from the comfort of their homes. Several OTT platforms will be directly releasing movies without giving them a theatrical launch. Most of us are used to spending time at home and we have become accustomed to enjoying entertainment on our couches. Who would be willing to pay for a movie that is available at your home at your convenience?The bottom line on AMC stockIf you are looking for a post-pandemic play, avoid AMC stock. There are several other options to consider.Weak financials and changing consumer preferences make AMC a poor choice. The company will continue to face competition in the future, and will have to fight for a smaller number of customers to generate revenues. It could maintain a presence in the market and may even go high based on speculation, but it will not last long enough to generate higher revenues.In short, avoid AMC stock this year.On the date of publication, Vandita Jadeja did not have (either directly or indirectly) any positions in the securities mentioned in this article.AMC rose nearly 13% in early market trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":565,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100551617,"gmtCreate":1619623380039,"gmtModify":1634211235772,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Fb’s a scam imo.&nbsp;","listText":"Fb’s a scam imo.&nbsp;","text":"Fb’s a scam imo.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100551617","repostId":"1131068131","repostType":4,"repost":{"id":"1131068131","kind":"news","pubTimestamp":1619586637,"share":"https://www.laohu8.com/m/news/1131068131?lang=&edition=full","pubTime":"2021-04-28 13:10","market":"us","language":"en","title":"Facebook Reports Earnings Wednesday. Here Is What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1131068131","media":"Barrons","summary":"Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, ","content":"<p>Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.</p>\n<p>As demonstrated by powerful results last week from Snapchat maker Snap (ticker: SNAP), digital advertising is coming back, fast. Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.</p>\n<p>Including sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.</p>\n<p>Facebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.</p>\n<p>Beyond advertising, BMO Capital Markets analyst Daniel Salmon&nbsp;wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.</p>\n<p>In March, Facebook chief executive Mark Zuckerberg&nbsp;said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.</p>\n<p>Investors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.</p>\n<p>On Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.</p>\n<p>Zuckerberg and&nbsp;Apple&nbsp;(APPL) CEO Tim Cook&nbsp;have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.</p>\n<p>BofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”</p>\n<p>Facebook finance chief David Wehner&nbsp;has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.</p>\n<p>Of the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. The average target price is $339, which implies an upside of 12%.</p>\n<p>Barron’s took a positive view of Facebook stock earlier this month. Shares have climbed 2% since the cover story in the April 5 issue, as the S&amp;P 500 index rose 4.1%. Facebook gained 0.7% to $305.02 in Tuesday afternoon trading.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Facebook Reports Earnings Wednesday. Here Is What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFacebook Reports Earnings Wednesday. Here Is What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-28 13:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.\nAs ...</p>\n\n<a href=\"https://www.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA\">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.barrons.com/articles/facebook-reports-earnings-wednesday-here-is-what-to-expect-51619550329?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131068131","content_text":"Despite controversy, economic damage to online ads amid Covid-19 pandemic-related economic turmoil, and antitrust scrutiny, Facebook is expected to report another blockbuster quarter Wednesday.\nAs demonstrated by powerful results last week from Snapchat maker Snap (ticker: SNAP), digital advertising is coming back, fast. Facebook (FB) stands to make even more money than Snap. Analysts expect a net profit of nearly $7 billion, which amounts to $2.61 a share, when Facebook reports results after the closing bell Wednesday.\nIncluding sales of its virtual reality hardware, and other devices—which are expected contribute to the estimated $452 million to the “Other” revenue segment—Facebook revenue is expected to rise roughly 33% to $23.71 billion. The ad business will contribute revenue of $23.29 billion.\nFacebook is expected to grow its user base by tens of millions as well. Analysts forecast its daily member count will rise to 1.87 billion, and monthly user base will top 2.83 billion. Its monthly user base is expected to reach almost 3 billion (2.99 billion) by the end of the year.\nBeyond advertising, BMO Capital Markets analyst Daniel Salmon wrote in a research note that commerce and shopping are becoming more important for Facebook’s success.\nIn March, Facebook chief executive Mark Zuckerberg said there were one million Facebook Shops, and 250 million visitors. Salmon said that if the company discloses the gross merchandise volume, it could help cement the importance to investors of Facebook’s commerce initiatives. Salmon acknowledged that such as disclosure wasn’t likely.\nInvestors have been wondering for months about the impact of a change to Apple‘s mobile operating system tech, which finally rolled out this week.\nOn Monday, in an update to its iOS operating system,Apple changed its software to ask iPhone and iPad users to opt in to an app’s tracking—a significant departure from the opt out ability buried in the operating system’s settings previously.\nZuckerberg and Apple (APPL) CEO Tim Cook have sparred over the issue for months. With just over a day’s worth of data, it seems unlikely Facebook will share details about the impact on its users. Previously developers have said it will hurt advertising targeting, and therefore damage ad revenue. It isn’t yet clear exactly what Apple users will do when presented with the choice, or the effectiveness of potential workarounds built by Facebook and others.\nBofA Securities analyst Justin Post wrote that he expects a “modest, low-single digit” impact on advertising spending on the platform since Facebook has had “ample time to prepare and develop workarounds.”\nFacebook finance chief David Wehner has discussed the potential impact on the business in past conference calls, and investors should pay close attention to any updates offered Wednesday. It’s worth noting that Zuckerberg took a less cautious tone in March, saying that he was confident the company will handle the situation. There is also the potential it could positively benefit the company, the CEO said.\nOf the analysts that cover Facebook, 49 rate the stock Buy, six have a Hold, and three rate it a Sell. The average target price is $339, which implies an upside of 12%.\nBarron’s took a positive view of Facebook stock earlier this month. Shares have climbed 2% since the cover story in the April 5 issue, as the S&P 500 index rose 4.1%. Facebook gained 0.7% to $305.02 in Tuesday afternoon trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":353,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190672480,"gmtCreate":1620620173940,"gmtModify":1634197629002,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>When will this change?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>When will this change?","text":"$GameStop(GME)$When will this change?","images":[{"img":"https://static.tigerbbs.com/d878c69e46a2f043ce53119d0bb6747e","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190672480","isVote":1,"tweetType":1,"viewCount":309,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108642620,"gmtCreate":1620023224660,"gmtModify":1634208435931,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>At least it is holding...","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>At least it is holding...","text":"$GameStop(GME)$At least it is holding...","images":[{"img":"https://static.tigerbbs.com/d2f2f997397472e2e2665c01ed10d111","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/108642620","isVote":1,"tweetType":1,"viewCount":423,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":190676129,"gmtCreate":1620620130461,"gmtModify":1634197630429,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Eh?","listText":"Eh?","text":"Eh?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/190676129","repostId":"1165396592","repostType":4,"repost":{"id":"1165396592","kind":"news","pubTimestamp":1620615809,"share":"https://www.laohu8.com/m/news/1165396592?lang=&edition=full","pubTime":"2021-05-10 11:03","market":"us","language":"en","title":"Ford recalls 661,000 Explorer SUVs in North America","url":"https://stock-news.laohu8.com/highlight/detail?id=1165396592","media":"Reuters","summary":"WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North Am","content":"<p>WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail covers to detach from the vehicle.</p><p>The recall covers 2016 through 2019 model year vehicles. Dealers will install push-pins and replace any damaged rail clips and roof rail covers.</p><p>The second-largest U.S. automaker said in documents https://static.nhtsa.gov/odi/rcl/2021/RMISC-21V316-0418.pdf posted Sunday that the National Highway Traffic Safety Administration first inquired about the issue in early 2020 following 11 reports of roof rail cover detachment. In April, it requested Ford issue a recall, which the carmaker had initially said was not necessary because the low likelihood of a roof rail detaching, its small weight and the fact drivers would likely detect a loose roof rail cover, according to the documents.</p><p>Ford in November said it would extend its warranty to cover the issue for 10 years or 150,000 miles before agreeing to the recall on April 30.</p><p>A Ford spokeswoman said Sunday the automaker is not aware of any accidents or injuries related to this condition.</p><p>The vehicles covered by the recall have roof rail covers that are painted silver, black or absolute black. Customer notifications will begin the week of June 28.</p><p>The recall includes 620,483 vehicles in the United States, 36,419 in Canada and 4,260 in Mexico.</p>","source":"yahoofinance_au","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>Ford recalls 661,000 Explorer SUVs in North America</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\">\nFord recalls 661,000 Explorer SUVs in North America\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 11:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/ford-recalls-nearly-617-000-123047232.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail ...</p>\n\n<a href=\"https://finance.yahoo.com/news/ford-recalls-nearly-617-000-123047232.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FORD":"福沃德工业"},"source_url":"https://finance.yahoo.com/news/ford-recalls-nearly-617-000-123047232.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165396592","content_text":"WASHINGTON (Reuters) -Ford Motor Co is recalling 661,000 Explorer sport utility vehicles in North America at the request of U.S. regulators because retention pins could loosen and allow roof rail covers to detach from the vehicle.The recall covers 2016 through 2019 model year vehicles. Dealers will install push-pins and replace any damaged rail clips and roof rail covers.The second-largest U.S. automaker said in documents https://static.nhtsa.gov/odi/rcl/2021/RMISC-21V316-0418.pdf posted Sunday that the National Highway Traffic Safety Administration first inquired about the issue in early 2020 following 11 reports of roof rail cover detachment. In April, it requested Ford issue a recall, which the carmaker had initially said was not necessary because the low likelihood of a roof rail detaching, its small weight and the fact drivers would likely detect a loose roof rail cover, according to the documents.Ford in November said it would extend its warranty to cover the issue for 10 years or 150,000 miles before agreeing to the recall on April 30.A Ford spokeswoman said Sunday the automaker is not aware of any accidents or injuries related to this condition.The vehicles covered by the recall have roof rail covers that are painted silver, black or absolute black. Customer notifications will begin the week of June 28.The recall includes 620,483 vehicles in the United States, 36,419 in Canada and 4,260 in Mexico.","news_type":1},"isVote":1,"tweetType":1,"viewCount":497,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":327668058,"gmtCreate":1616080833174,"gmtModify":1634527320790,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Does any1 know this tldr?","listText":"Does any1 know this tldr?","text":"Does any1 know this tldr?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/327668058","repostId":"2120163660","repostType":4,"repost":{"id":"2120163660","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1616078340,"share":"https://www.laohu8.com/m/news/2120163660?lang=&edition=full","pubTime":"2021-03-18 22:39","market":"hk","language":"en","title":"The Fed plans to keep interest rates low -- so why do interest rates keep rising?","url":"https://stock-news.laohu8.com/highlight/detail?id=2120163660","media":"Dow Jones","summary":"Mortgage rates are now at the highest point since June and could go even higher even if the Federal ","content":"<p>Mortgage rates are now at the highest point since June and could go even higher even if the Federal Reserve doesn't change its policy</p><p>The Federal Reserve is planning to stay the course in keeping interest rates low -- but that isn't necessarily music to home buyers' ears.</p><p>On Wednesday, the Federal Reserve signaled that it won't raise interest rates  until 2023 at the earliest, even though some observers have voiced concerns about rising inflation. As of now, seven of the 18 Fed officials expect a rate hike to come in 2023, while four think <a href=\"https://laohu8.com/S/AONE\">one</a> could happen next year.</p><p>Investors happily greeted the news , with the Dow Jones Industrial Average  and the S&amp;P 500   both notching intraday records Wednesday following the Fed's announcement. Whether the Fed's policy is similarly auspicious for home buyers or people looking to refinance their existing mortgages remains to be seen.</p><p>Since the start of the year, the benchmark rate on the 30-year fixed-rate mortgage has risen more than 40 basis points, according to data from Freddie Mac.</p><p>As of Thursday  reported. It's the highest level that the benchmark mortgage rate has hit since June of last year.</p><p>Meanwhile, the average rates on the 15-year fixed-rate mortgage and the 5-year Treasury-indexed adjustable-rate mortgage both increased by two basis points, to 2.4% and 2.79% respectively.</p><p>\"The Fed funds rate itself has no impact on mortgage rates,\" said Tendayi Kapfidze, chief economist at <a href=\"https://laohu8.com/S/TREE\">LendingTree</a> <a href=\"https://laohu8.com/S/TREE.UK\">$(TREE.UK)$</a>, in explaining the Fed's policy decision didn't stem the rise in mortgage rates this week. The Federal Reserve controls short-term interest rates. But mortgage rates are long term rates, and mortgage lenders take their cues from the bond market when setting the rates they charge to borrowers.</p><p>In particular, mortgage rates roughly track the direction of the 10-year Treasury . But even that relationship isn't foolproof. \"This relationship can vary,\" Kapfidze said. \"10-yr Treasury rates were on an upward trend from August 2020, but mortgage rates were still falling until February.\"</p><p>Mortgage rates have risen quickly in recent weeks, reaching the highest level since July, as investors grew increasingly concerned about inflation. With Americans now receiving the stimulus checks approved as part of the $1.9 trillion American Rescue Plan, some analysts expect people to rush out and spend that money, causing prices to go up for consumer goods and services.</p><p>Still, the Fed's stance and policy decisions could have some influence on mortgage rates, even if the central bank doesn't control them directly. Since the start of the pandemic, the Federal Reserve has ramped up its purchases of mortgage-backed securities in an effort to pump much needed liquidity into the market. Those purchases helped to push rates lower.</p><p>\"Reaffirming its commitment to ongoing asset purchases while acknowledging that a tapering is on the horizon at some point -- likely pretty far off -- should help slow the rise of mortgage rates,\" said Danielle Hale, chief economist at Realtor.com. Hale noted that she expects the overall upward trend in mortgage rates to continue.</p><p>But if the Fed reverses its policy regarding mortgage-backed securities, rates could quickly rise as lenders face liquidity constraints. Alternatively, if the Fed were to opt to ramp up its purchases of 10-year Treasury notes to stem long-term rates, then mortgage rates could drop, Kapfidze said.</p><p>Either way, mortgage rates remain very low by historical standards even if they're now above the 3% mark, and industry experts anticipate that demand for mortgages will remain strong.</p><p>The Mortgage Bankers Association \"continues to see a very strong housing market, with mortgage applications to buy a home increasing, even as refinance demand wanes,\" said Mike Fratantoni, the trade organization's chief economist. \"While mortgage rates are likely to move somewhat higher, the purchase market remains on track for a record year.\"</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>The Fed plans to keep interest rates low -- so why do interest rates keep rising?</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\">\nThe Fed plans to keep interest rates low -- so why do interest rates keep rising?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-18 22:39</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Mortgage rates are now at the highest point since June and could go even higher even if the Federal Reserve doesn't change its policy</p><p>The Federal Reserve is planning to stay the course in keeping interest rates low -- but that isn't necessarily music to home buyers' ears.</p><p>On Wednesday, the Federal Reserve signaled that it won't raise interest rates  until 2023 at the earliest, even though some observers have voiced concerns about rising inflation. As of now, seven of the 18 Fed officials expect a rate hike to come in 2023, while four think <a href=\"https://laohu8.com/S/AONE\">one</a> could happen next year.</p><p>Investors happily greeted the news , with the Dow Jones Industrial Average  and the S&amp;P 500   both notching intraday records Wednesday following the Fed's announcement. Whether the Fed's policy is similarly auspicious for home buyers or people looking to refinance their existing mortgages remains to be seen.</p><p>Since the start of the year, the benchmark rate on the 30-year fixed-rate mortgage has risen more than 40 basis points, according to data from Freddie Mac.</p><p>As of Thursday  reported. It's the highest level that the benchmark mortgage rate has hit since June of last year.</p><p>Meanwhile, the average rates on the 15-year fixed-rate mortgage and the 5-year Treasury-indexed adjustable-rate mortgage both increased by two basis points, to 2.4% and 2.79% respectively.</p><p>\"The Fed funds rate itself has no impact on mortgage rates,\" said Tendayi Kapfidze, chief economist at <a href=\"https://laohu8.com/S/TREE\">LendingTree</a> <a href=\"https://laohu8.com/S/TREE.UK\">$(TREE.UK)$</a>, in explaining the Fed's policy decision didn't stem the rise in mortgage rates this week. The Federal Reserve controls short-term interest rates. But mortgage rates are long term rates, and mortgage lenders take their cues from the bond market when setting the rates they charge to borrowers.</p><p>In particular, mortgage rates roughly track the direction of the 10-year Treasury . But even that relationship isn't foolproof. \"This relationship can vary,\" Kapfidze said. \"10-yr Treasury rates were on an upward trend from August 2020, but mortgage rates were still falling until February.\"</p><p>Mortgage rates have risen quickly in recent weeks, reaching the highest level since July, as investors grew increasingly concerned about inflation. With Americans now receiving the stimulus checks approved as part of the $1.9 trillion American Rescue Plan, some analysts expect people to rush out and spend that money, causing prices to go up for consumer goods and services.</p><p>Still, the Fed's stance and policy decisions could have some influence on mortgage rates, even if the central bank doesn't control them directly. Since the start of the pandemic, the Federal Reserve has ramped up its purchases of mortgage-backed securities in an effort to pump much needed liquidity into the market. Those purchases helped to push rates lower.</p><p>\"Reaffirming its commitment to ongoing asset purchases while acknowledging that a tapering is on the horizon at some point -- likely pretty far off -- should help slow the rise of mortgage rates,\" said Danielle Hale, chief economist at Realtor.com. Hale noted that she expects the overall upward trend in mortgage rates to continue.</p><p>But if the Fed reverses its policy regarding mortgage-backed securities, rates could quickly rise as lenders face liquidity constraints. Alternatively, if the Fed were to opt to ramp up its purchases of 10-year Treasury notes to stem long-term rates, then mortgage rates could drop, Kapfidze said.</p><p>Either way, mortgage rates remain very low by historical standards even if they're now above the 3% mark, and industry experts anticipate that demand for mortgages will remain strong.</p><p>The Mortgage Bankers Association \"continues to see a very strong housing market, with mortgage applications to buy a home increasing, even as refinance demand wanes,\" said Mike Fratantoni, the trade organization's chief economist. \"While mortgage rates are likely to move somewhat higher, the purchase market remains on track for a record year.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2120163660","content_text":"Mortgage rates are now at the highest point since June and could go even higher even if the Federal Reserve doesn't change its policyThe Federal Reserve is planning to stay the course in keeping interest rates low -- but that isn't necessarily music to home buyers' ears.On Wednesday, the Federal Reserve signaled that it won't raise interest rates  until 2023 at the earliest, even though some observers have voiced concerns about rising inflation. As of now, seven of the 18 Fed officials expect a rate hike to come in 2023, while four think one could happen next year.Investors happily greeted the news , with the Dow Jones Industrial Average  and the S&P 500   both notching intraday records Wednesday following the Fed's announcement. Whether the Fed's policy is similarly auspicious for home buyers or people looking to refinance their existing mortgages remains to be seen.Since the start of the year, the benchmark rate on the 30-year fixed-rate mortgage has risen more than 40 basis points, according to data from Freddie Mac.As of Thursday  reported. It's the highest level that the benchmark mortgage rate has hit since June of last year.Meanwhile, the average rates on the 15-year fixed-rate mortgage and the 5-year Treasury-indexed adjustable-rate mortgage both increased by two basis points, to 2.4% and 2.79% respectively.\"The Fed funds rate itself has no impact on mortgage rates,\" said Tendayi Kapfidze, chief economist at LendingTree $(TREE.UK)$, in explaining the Fed's policy decision didn't stem the rise in mortgage rates this week. The Federal Reserve controls short-term interest rates. But mortgage rates are long term rates, and mortgage lenders take their cues from the bond market when setting the rates they charge to borrowers.In particular, mortgage rates roughly track the direction of the 10-year Treasury . But even that relationship isn't foolproof. \"This relationship can vary,\" Kapfidze said. \"10-yr Treasury rates were on an upward trend from August 2020, but mortgage rates were still falling until February.\"Mortgage rates have risen quickly in recent weeks, reaching the highest level since July, as investors grew increasingly concerned about inflation. With Americans now receiving the stimulus checks approved as part of the $1.9 trillion American Rescue Plan, some analysts expect people to rush out and spend that money, causing prices to go up for consumer goods and services.Still, the Fed's stance and policy decisions could have some influence on mortgage rates, even if the central bank doesn't control them directly. Since the start of the pandemic, the Federal Reserve has ramped up its purchases of mortgage-backed securities in an effort to pump much needed liquidity into the market. Those purchases helped to push rates lower.\"Reaffirming its commitment to ongoing asset purchases while acknowledging that a tapering is on the horizon at some point -- likely pretty far off -- should help slow the rise of mortgage rates,\" said Danielle Hale, chief economist at Realtor.com. Hale noted that she expects the overall upward trend in mortgage rates to continue.But if the Fed reverses its policy regarding mortgage-backed securities, rates could quickly rise as lenders face liquidity constraints. Alternatively, if the Fed were to opt to ramp up its purchases of 10-year Treasury notes to stem long-term rates, then mortgage rates could drop, Kapfidze said.Either way, mortgage rates remain very low by historical standards even if they're now above the 3% mark, and industry experts anticipate that demand for mortgages will remain strong.The Mortgage Bankers Association \"continues to see a very strong housing market, with mortgage applications to buy a home increasing, even as refinance demand wanes,\" said Mike Fratantoni, the trade organization's chief economist. \"While mortgage rates are likely to move somewhat higher, the purchase market remains on track for a record year.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358758973,"gmtCreate":1616733802392,"gmtModify":1634524294796,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"The question is what height will it reach?","listText":"The question is what height will it reach?","text":"The question is what height will it reach?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358758973","repostId":"2122258854","repostType":2,"repost":{"id":"2122258854","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1616723400,"share":"https://www.laohu8.com/m/news/2122258854?lang=&edition=full","pubTime":"2021-03-26 09:50","market":"us","language":"en","title":"GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened","url":"https://stock-news.laohu8.com/highlight/detail?id=2122258854","media":"Dow Jones","summary":"MW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n\n\n  B","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n</p>\n<p>\n  By Thornton McEnery \n</p>\n<p>\n  'Took a huge loss yesterday. Made it all back today,' posted <a href=\"https://laohu8.com/S/AONE\">one</a> meme-stock buyer on social media \n</p>\n<p>\n  Call it the revenge of the meme stocks. \n</p>\n<p>\n  After taking a pummeling over the first three days of the week, shares of GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> soared Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier. \n</p>\n<p>\n  Meanwhile, shares of movie chain AMC Entertainment Holdings <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, another popular stock among the retail traders on social-media platforms like Reddit and Discord, also popped on the session. \n</p>\n<p>\n  AMC closed out Thursday trade up over 21%, while GameStop surged nearly 53%  reported after the close of regular trading hours Tuesday. \n</p>\n<p>\n  \"WE ARE ALL WITNESSES\" <a href=\"https://laohu8.com/S/AONE.U\">one</a> user of Reddit board r/WallStreetBets posted after the bell on Thursday, summing up the sentiment of GameStop bulls on the site who had been encouraging one another to \"buy the dip\" presented by the company's lackluster earnings report, and stick it to the hedge funds that many users on Reddit and Discord still perceive as existential threats to unfettered gains. \n</p>\n<p>\n  The campaign to buy GameStop appears to have worked. Data from Fidelity shows that the stock was the most actively traded by retail customers on Thursday with a buy-to-sell ratio of almost 3-to-1. \n</p>\n<p>\n  GameStop fans scored an extra boost going into the final hour of trading when, Ryan Cohen, Chewy founder and GameStop board member, fired off a cryptic tweet that his followers were interpreting bullishly. \n</p>\n<p>\n</p>\n<p>\n  Cohen's message--his first in more than two weeks--was a clip from \"Ted,\" Seth MacFarlane's raunchy live-action comedy about the childhood bond between a potty-mouthed, weed-smoking teddy bear and his human friend John, played by Mark Wahlberg. \n</p>\n<p>\n  \"Higher and higher!\" responded one of Cohen's followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>. \n</p>\n<p>\n  AMC, which was Thursday's fifth-most popular stock according to Fidelity with buyers outnumbering sellers, also benefited from social-media campaigns aimed at toppling hedge funds who were short the stock. \n</p>\n<p>\n  Message boards have been disseminating unverified rumors that major investment funds and market makers were betting heavily that AMC shares would eventually sink in value. \n</p>\n<p>\n  Little was said, however, about the fact that Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> announced on Tuesday that it would debut two of its summer tentpole blockbusters \"Black Widow\" and \"Cruella\" simultaneously in theaters and streaming on Disney+, which in theory would deliver a bona fide hit to embattled cinema chains, including AMC, at least in the near term. \n</p>\n<p>\n  Those consiparacy theories and the potential loss of business from major film producers were cast aside on Thursday. \n</p>\n<p>\n  \"Took a huge loss yesterday. Made it all back today,\" posted one Redditor. \"Would much rather this than 2 boring flat days. I love this s**t.\" \n</p>\n<p>\n  In the end, the Reddit crowd's typical buy-first-and-ask-questions-later strategy was back to bearing fruit--at least in the short term. \n</p>\n<p>\n  For the week, however, GameStop's stock is looking at a week-to-date decline of 8.3% and AMC Entertainment shares are down over 21%. \n</p>\n<p>\n  -; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 25, 2021 21:50 ET (01:50 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened</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\">\nGameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-03-26 09:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n</p>\n<p>\n  By Thornton McEnery \n</p>\n<p>\n  'Took a huge loss yesterday. Made it all back today,' posted <a href=\"https://laohu8.com/S/AONE\">one</a> meme-stock buyer on social media \n</p>\n<p>\n  Call it the revenge of the meme stocks. \n</p>\n<p>\n  After taking a pummeling over the first three days of the week, shares of GameStop Corp. <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> soared Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier. \n</p>\n<p>\n  Meanwhile, shares of movie chain AMC Entertainment Holdings <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>, another popular stock among the retail traders on social-media platforms like Reddit and Discord, also popped on the session. \n</p>\n<p>\n  AMC closed out Thursday trade up over 21%, while GameStop surged nearly 53%  reported after the close of regular trading hours Tuesday. \n</p>\n<p>\n  \"WE ARE ALL WITNESSES\" <a href=\"https://laohu8.com/S/AONE.U\">one</a> user of Reddit board r/WallStreetBets posted after the bell on Thursday, summing up the sentiment of GameStop bulls on the site who had been encouraging one another to \"buy the dip\" presented by the company's lackluster earnings report, and stick it to the hedge funds that many users on Reddit and Discord still perceive as existential threats to unfettered gains. \n</p>\n<p>\n  The campaign to buy GameStop appears to have worked. Data from Fidelity shows that the stock was the most actively traded by retail customers on Thursday with a buy-to-sell ratio of almost 3-to-1. \n</p>\n<p>\n  GameStop fans scored an extra boost going into the final hour of trading when, Ryan Cohen, Chewy founder and GameStop board member, fired off a cryptic tweet that his followers were interpreting bullishly. \n</p>\n<p>\n</p>\n<p>\n  Cohen's message--his first in more than two weeks--was a clip from \"Ted,\" Seth MacFarlane's raunchy live-action comedy about the childhood bond between a potty-mouthed, weed-smoking teddy bear and his human friend John, played by Mark Wahlberg. \n</p>\n<p>\n  \"Higher and higher!\" responded one of Cohen's followers on <a href=\"https://laohu8.com/S/TWTR\">Twitter</a>. \n</p>\n<p>\n  AMC, which was Thursday's fifth-most popular stock according to Fidelity with buyers outnumbering sellers, also benefited from social-media campaigns aimed at toppling hedge funds who were short the stock. \n</p>\n<p>\n  Message boards have been disseminating unverified rumors that major investment funds and market makers were betting heavily that AMC shares would eventually sink in value. \n</p>\n<p>\n  Little was said, however, about the fact that Walt Disney Co. <a href=\"https://laohu8.com/S/DIS\">$(DIS)$</a> announced on Tuesday that it would debut two of its summer tentpole blockbusters \"Black Widow\" and \"Cruella\" simultaneously in theaters and streaming on Disney+, which in theory would deliver a bona fide hit to embattled cinema chains, including AMC, at least in the near term. \n</p>\n<p>\n  Those consiparacy theories and the potential loss of business from major film producers were cast aside on Thursday. \n</p>\n<p>\n  \"Took a huge loss yesterday. Made it all back today,\" posted one Redditor. \"Would much rather this than 2 boring flat days. I love this s**t.\" \n</p>\n<p>\n  In the end, the Reddit crowd's typical buy-first-and-ask-questions-later strategy was back to bearing fruit--at least in the short term. \n</p>\n<p>\n  For the week, however, GameStop's stock is looking at a week-to-date decline of 8.3% and AMC Entertainment shares are down over 21%. \n</p>\n<p>\n  -; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  March 25, 2021 21:50 ET (01:50 GMT)\n</p>\n<p>\n  Copyright (c) 2021 Dow Jones &amp; Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线","GME":"游戏驿站"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122258854","content_text":"MW GameStop's 53% surge fueled by a buy/sell ratio of 3-to-1, as 'meme' stock crowd emboldened\n\n\n  By Thornton McEnery \n\n\n  'Took a huge loss yesterday. Made it all back today,' posted one meme-stock buyer on social media \n\n\n  Call it the revenge of the meme stocks. \n\n\n  After taking a pummeling over the first three days of the week, shares of GameStop Corp. $(GME)$ soared Thursday, aided by retail traders who remain emotionally committed to the videogame retailer even after shares got hammered 24 hours earlier. \n\n\n  Meanwhile, shares of movie chain AMC Entertainment Holdings $(AMC)$, another popular stock among the retail traders on social-media platforms like Reddit and Discord, also popped on the session. \n\n\n  AMC closed out Thursday trade up over 21%, while GameStop surged nearly 53%  reported after the close of regular trading hours Tuesday. \n\n\n  \"WE ARE ALL WITNESSES\" one user of Reddit board r/WallStreetBets posted after the bell on Thursday, summing up the sentiment of GameStop bulls on the site who had been encouraging one another to \"buy the dip\" presented by the company's lackluster earnings report, and stick it to the hedge funds that many users on Reddit and Discord still perceive as existential threats to unfettered gains. \n\n\n  The campaign to buy GameStop appears to have worked. Data from Fidelity shows that the stock was the most actively traded by retail customers on Thursday with a buy-to-sell ratio of almost 3-to-1. \n\n\n  GameStop fans scored an extra boost going into the final hour of trading when, Ryan Cohen, Chewy founder and GameStop board member, fired off a cryptic tweet that his followers were interpreting bullishly. \n\n\n\n\n  Cohen's message--his first in more than two weeks--was a clip from \"Ted,\" Seth MacFarlane's raunchy live-action comedy about the childhood bond between a potty-mouthed, weed-smoking teddy bear and his human friend John, played by Mark Wahlberg. \n\n\n  \"Higher and higher!\" responded one of Cohen's followers on Twitter. \n\n\n  AMC, which was Thursday's fifth-most popular stock according to Fidelity with buyers outnumbering sellers, also benefited from social-media campaigns aimed at toppling hedge funds who were short the stock. \n\n\n  Message boards have been disseminating unverified rumors that major investment funds and market makers were betting heavily that AMC shares would eventually sink in value. \n\n\n  Little was said, however, about the fact that Walt Disney Co. $(DIS)$ announced on Tuesday that it would debut two of its summer tentpole blockbusters \"Black Widow\" and \"Cruella\" simultaneously in theaters and streaming on Disney+, which in theory would deliver a bona fide hit to embattled cinema chains, including AMC, at least in the near term. \n\n\n  Those consiparacy theories and the potential loss of business from major film producers were cast aside on Thursday. \n\n\n  \"Took a huge loss yesterday. Made it all back today,\" posted one Redditor. \"Would much rather this than 2 boring flat days. I love this s**t.\" \n\n\n  In the end, the Reddit crowd's typical buy-first-and-ask-questions-later strategy was back to bearing fruit--at least in the short term. \n\n\n  For the week, however, GameStop's stock is looking at a week-to-date decline of 8.3% and AMC Entertainment shares are down over 21%. \n\n\n  -; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  March 25, 2021 21:50 ET (01:50 GMT)\n\n\n  Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358697306,"gmtCreate":1616683403305,"gmtModify":1634524560595,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"And...?","listText":"And...?","text":"And...?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358697306","repostId":"2122052417","repostType":4,"repost":{"id":"2122052417","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1616675164,"share":"https://www.laohu8.com/m/news/2122052417?lang=&edition=full","pubTime":"2021-03-25 20:26","market":"us","language":"en","title":"China proposes global rules for central bank digital currencies","url":"https://stock-news.laohu8.com/highlight/detail?id=2122052417","media":"Reuters","summary":"LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencie","content":"<p>LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.</p>\n<p>Global central banks are looking at developing digital currencies to modernise their financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up domestic and international payments. China is one of the most advanced in its effort.</p>\n<p>Mu Changchun, the director-general of the PBOC's digital currency institute, laid out the new proposals at a Bank for International Settlements seminar.</p>\n<p>\"Interoperability should be enabled between CBDC (central bank digital currency) systems of different jurisdictions and exchange,\" he said. The PBOC had shared the proposals with other central banks and monetary authorities, he said.</p>\n<p>\"Information flow and fund flows should be synchronised so as to facilitate regulators to monitor the transactions for compliance.\"</p>\n<p>As digital currencies such as bitcoin gain more traction with mainstream companies and investors, and as private efforts like the <a href=\"https://laohu8.com/S/FB\">Facebook</a>-backed Diem seek approval, the onus is on central banks to accelerate plans to issue digital cash to fend off threats to their control over money.</p>\n<p>The PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce dependence on the dollar-dominated payment system.</p>\n<p>The European Central Bank is also exploring the introduction of a digital euro, within the next five years. It's running into opposition from Germany, though, where the Bundesbank worries that a digital euro could pose risks to banks .</p>\n<p>A CBDC that gains wide acceptance in international trade and payments could ultimately erode the dollar's status as the de facto currency of world trade and undermine U.S. influence, many analysts say.</p>\n<p>China said separately on Thursday it would quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth.</p>\n<p>Mu added that a key global rule should be a \"fair supply of digital currencies\" by world central banks to continue supporting the healthy evolution and financial stability of the international monetary system.</p>\n<p>A \"digital currency supplied by <a href=\"https://laohu8.com/S/AONE.U\">one</a> central bank should not impede another central bank's ability to carry out its mandate for monetary and financial stability,\" he said.</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>China proposes global rules for central bank digital currencies</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 proposes global rules for central bank digital currencies\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-03-25 20:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.</p>\n<p>Global central banks are looking at developing digital currencies to modernise their financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up domestic and international payments. China is one of the most advanced in its effort.</p>\n<p>Mu Changchun, the director-general of the PBOC's digital currency institute, laid out the new proposals at a Bank for International Settlements seminar.</p>\n<p>\"Interoperability should be enabled between CBDC (central bank digital currency) systems of different jurisdictions and exchange,\" he said. The PBOC had shared the proposals with other central banks and monetary authorities, he said.</p>\n<p>\"Information flow and fund flows should be synchronised so as to facilitate regulators to monitor the transactions for compliance.\"</p>\n<p>As digital currencies such as bitcoin gain more traction with mainstream companies and investors, and as private efforts like the <a href=\"https://laohu8.com/S/FB\">Facebook</a>-backed Diem seek approval, the onus is on central banks to accelerate plans to issue digital cash to fend off threats to their control over money.</p>\n<p>The PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce dependence on the dollar-dominated payment system.</p>\n<p>The European Central Bank is also exploring the introduction of a digital euro, within the next five years. It's running into opposition from Germany, though, where the Bundesbank worries that a digital euro could pose risks to banks .</p>\n<p>A CBDC that gains wide acceptance in international trade and payments could ultimately erode the dollar's status as the de facto currency of world trade and undermine U.S. influence, many analysts say.</p>\n<p>China said separately on Thursday it would quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth.</p>\n<p>Mu added that a key global rule should be a \"fair supply of digital currencies\" by world central banks to continue supporting the healthy evolution and financial stability of the international monetary system.</p>\n<p>A \"digital currency supplied by <a href=\"https://laohu8.com/S/AONE.U\">one</a> central bank should not impede another central bank's ability to carry out its mandate for monetary and financial stability,\" he said.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122052417","content_text":"LONDON, March 25 (Reuters) - China proposed a set of global rules for central bank digital currencies on Thursday, from how they can be used around the world to highly sensitive issues such as monitoring and information sharing.\nGlobal central banks are looking at developing digital currencies to modernise their financial systems, ward off the threat from cryptocurrencies like bitcoin and speed up domestic and international payments. China is one of the most advanced in its effort.\nMu Changchun, the director-general of the PBOC's digital currency institute, laid out the new proposals at a Bank for International Settlements seminar.\n\"Interoperability should be enabled between CBDC (central bank digital currency) systems of different jurisdictions and exchange,\" he said. The PBOC had shared the proposals with other central banks and monetary authorities, he said.\n\"Information flow and fund flows should be synchronised so as to facilitate regulators to monitor the transactions for compliance.\"\nAs digital currencies such as bitcoin gain more traction with mainstream companies and investors, and as private efforts like the Facebook-backed Diem seek approval, the onus is on central banks to accelerate plans to issue digital cash to fend off threats to their control over money.\nThe PBOC is aiming to become the first major central bank to issue a CBDC, part of its push to internationalise the yuan and reduce dependence on the dollar-dominated payment system.\nThe European Central Bank is also exploring the introduction of a digital euro, within the next five years. It's running into opposition from Germany, though, where the Bundesbank worries that a digital euro could pose risks to banks .\nA CBDC that gains wide acceptance in international trade and payments could ultimately erode the dollar's status as the de facto currency of world trade and undermine U.S. influence, many analysts say.\nChina said separately on Thursday it would quicken pilot programmes to develop its digital yuan, as it seeks to boost consumption to shore up economic growth.\nMu added that a key global rule should be a \"fair supply of digital currencies\" by world central banks to continue supporting the healthy evolution and financial stability of the international monetary system.\nA \"digital currency supplied by one central bank should not impede another central bank's ability to carry out its mandate for monetary and financial stability,\" he said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":219,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106523935,"gmtCreate":1620135412127,"gmtModify":1634207567545,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"Tfw i only found about the divorce because stonks","listText":"Tfw i only found about the divorce because stonks","text":"Tfw i only found about the divorce because stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106523935","repostId":"1141446343","repostType":4,"repost":{"id":"1141446343","kind":"news","pubTimestamp":1620108260,"share":"https://www.laohu8.com/m/news/1141446343?lang=&edition=full","pubTime":"2021-05-04 14:04","market":"us","language":"en","title":"Bill and Melinda Gates are getting divorced. Here are some stocks they owned","url":"https://stock-news.laohu8.com/highlight/detail?id=1141446343","media":"seeking alpha","summary":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoftfounder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway, Waste Management, Caterpillar, Canadian National, Walmart, EcoLab, Crown Castle, ","content":"<ul><li>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.</li><li>In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).</li><li><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).</li><li>Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.</li><li>The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and <a href=\"https://laohu8.com/S/BCEL\">Atreca</a>(NASDAQ:BCEL).</li><li>Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago.&nbsp;This is how their wealth ended upsplit between them.</li></ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bill and Melinda Gates are getting divorced. Here are some stocks they owned</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBill and Melinda Gates are getting divorced. Here are some stocks they owned\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 14:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his ...</p>\n\n<a href=\"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"KOF":"可口可乐凡萨瓶装","MSFT":"微软","CCI":"冠城","CVAC":"CureVac B.V.","WM":"美国废物管理","CAT":"卡特彼勒","WMT":"沃尔玛","SDGR":"Schrodinger Inc.","CNI":"加拿大国家铁路","WCLD":"WisdomTree Cloud Computing Fund","FDX":"联邦快递","UPS":"联合包裹","VIR":"Vir Biotechnology, Inc.","AMRS":"阿米瑞斯","BRK.B":"伯克希尔B","BNTX":"BioNTech SE"},"source_url":"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141446343","content_text":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).Two stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and Atreca(NASDAQ:BCEL).Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago. This is how their wealth ended upsplit between them.","news_type":1},"isVote":1,"tweetType":1,"viewCount":402,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106520541,"gmtCreate":1620135376883,"gmtModify":1634207568590,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Ok fr should i sell?","listText":"<a href=\"https://laohu8.com/S/GME\">$GameStop(GME)$</a>Ok fr should i sell?","text":"$GameStop(GME)$Ok fr should i sell?","images":[{"img":"https://static.tigerbbs.com/111455074c207d692040a55ba606c25f","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106520541","isVote":1,"tweetType":1,"viewCount":469,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":371391428,"gmtCreate":1618908356764,"gmtModify":1634289986472,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"What are they doing with the shares?","listText":"What are they doing with the shares?","text":"What are they doing with the shares?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371391428","repostId":"1125387983","repostType":2,"repost":{"id":"1125387983","kind":"news","pubTimestamp":1618894905,"share":"https://www.laohu8.com/m/news/1125387983?lang=&edition=full","pubTime":"2021-04-20 13:01","market":"us","language":"en","title":"AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick","url":"https://stock-news.laohu8.com/highlight/detail?id=1125387983","media":"InvestorPlace","summary":"Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nTh","content":"<blockquote>\n Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n</blockquote>\n<p>There is never a dull moment when tracking meme stocks. And now one of the most prominent ones,<b>AMC</b>(NYSE:<b><u>AMC</u></b>), is in trouble yet again. In aninterviewwith social-media finance commentator Trey Collins, CEO Adam Aron said short sellers are encircling AMC stock.</p>\n<p>This marks yet another twist in a gripping story that continues to add chapters with every passing day. For all intents and purposes, the movie-theater chain was staring down the barrel when<b>Reddit</b>investors rescued the company from the depths of bankruptcy.</p>\n<p>Since that time, it has chosen to make hay while the sun shines, raising a substantial amount of cash through equity issues. However, even before the novel coronavirus pandemic struck, AMC was suffering.</p>\n<p>That’s because there has been a substantial shift in how Americans watch movies. Box office sales reached their high in 2002 at1.58 billion tickets, eventually dropping 22% to 1.23 billion tickets by 2019. Simultaneously, we saw an increasing shift towards home viewing, helped greatly by the emergence of streaming companies.</p>\n<p>And then Covid-19 hit the industry like a ton of bricks.</p>\n<p>Movie-theater chains<b>Arclight Cinemas</b>and<b>Pacific Theaters</b>have alreadyshuttered their doorspermanently. Others are massively restructuring their operations to survive this crisis.</p>\n<p>Hence, it’s understandable why Aron praised retail investors in his recent discussion — the subreddit r/WallStreetBets essentially bailed out the company, punishing short sellers in the process. But financial realities will eventually push the stock close to its 52-week low of $1.91 per share. I’m afraid the show’s over for AMC stock.</p>\n<p><b>Share Dilution Will Continue to Hurt AMC Stock</b></p>\n<p>AMC is paying the price of survival and it’s a steep one. At the end of 2019, AMC had nearly 104 million shares. As I write this, the movie-chain operator now has some 450 million shares. That’s about a 333% rise in a year.</p>\n<p>Now, I get it. AMC needs money to survive this pandemic and beyond. Movie theaters will need several business cycles to get back on their feet.</p>\n<p>True,about 25% of the U.S. populationhas been fully vaccinated as of today. However, it will take time for movie-ticket sales to return to pre-pandemic levels. In the meantime, AMC still needs money to survive.</p>\n<p>As such, on May 4, the company is set to host its annual meeting and ask stockholders to greenlight the issue of another 500 million new shares. Aron has said that AMC will not issue any new stock this year, an announcement that pushed shares up 9%.</p>\n<p>Nevertheless, the writing is on the wall. If you remain committed to AMC stock, dilution is something that you will have to bear for the foreseeable future.</p>\n<p><b>Fundamentals Have Been Sliding For a While</b></p>\n<p>Although the pandemic has devastated movie-theater chains, the slowdown in ticket sales is a secular trend, as we touched upon earlier. In fiscal 2019, the movie-theater chain reported a net loss of $13.5 million, compared to net income of $170.6 million in the year-before quarter. Bear in mind that these figures are from before the pandemic.</p>\n<p>On top of that, out of the last eight quarters,the company has reported an earnings beat just onceaccording to&nbsp;<i>CNBC</i>data. Meanwhile, operating costs are ballooning. As my colleague Vandita Jadejahighlighted in her recent AMC piece, despite the top-line falling by over 75%, operating costs did not fall by as much.</p>\n<p>This all leaves the company vulnerable to further dilution and expensive debt raises. It’s a clear red flag for AMC stock investors that are looking for management to take more of a proactive approach with this crisis.</p>\n<p><b>Evolution Has Just Passed You By</b></p>\n<p>Even if AMC survives this crisis — which by most measures it should — it still operates a largely outdated business model.</p>\n<p>Streaming is all the rage these days.<b>Netflix</b>(NASDAQ:<b><u>NFLX</u></b>),<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>),<b>Disney</b>(NYSE:<b><u>DIS</u></b>) and<b>AT&amp;T</b>(NYSE:<b><u>T</u></b>) are firmly entrenched in the streaming wars, pouring billions into original content. As of Q4 2020, Netflix is in first place withover 200 million paid subscribersworldwide, but others are catching up as well and using some pretty innovative techniques.</p>\n<p>Late last year, Warner Bros. announced it woulddebut all of its 2021 movies in theaters and on HBO Max simultaneouslyin the United States. Meanwhile, Netflix is set to release a new movie every week in 2021.</p>\n<p>Against this backdrop, AMC and other movie-theater chains are left to fend for themselves as streaming companies compete for attention.</p>\n<p><img src=\"https://static.tigerbbs.com/72e23fe7ed32e5b689a35813204c6b0d\" tg-width=\"908\" tg-height=\"376\">And even if these announcements did not take place, the writing has been on the wall for a while. Its pretty evident when you pit AMC stock’s performance against the<b>S&amp;P 500</b>that the company has been fighting a losing battle.</p>\n<p><b>Final Words on AMC</b></p>\n<p>I get the feeling that AMC is on its greatest-hits tour. Yes, you might want to invest in AMC stock out of a sense of nostalgia. But in my opinion, the company’s best days are behind it.</p>\n<p>Looking ahead, 5G, artificial intelligence, data analytics and the Internet of Things (IoT) are some of the subjects you need to get behind instead. These areas will be the biggest source of future growth and profitability moving forward.</p>\n<p>Basically, the credits are beginning to roll for AMC.</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>AMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick</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\">\nAMC Stock: 3 Reasons to Stay Away Despite Recent 9% Uptick\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-20 13:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nThere is never a dull moment when tracking meme stocks. And now one of the most prominent ones,AMC(...</p>\n\n<a href=\"https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://investorplace.com/2021/04/amc-stock-three-reasons-stay-away-despite-recent-uptick/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1125387983","content_text":"Management will ask stockholders to greenlight the issue of 500 million new shares in early May.\n\nThere is never a dull moment when tracking meme stocks. And now one of the most prominent ones,AMC(NYSE:AMC), is in trouble yet again. In aninterviewwith social-media finance commentator Trey Collins, CEO Adam Aron said short sellers are encircling AMC stock.\nThis marks yet another twist in a gripping story that continues to add chapters with every passing day. For all intents and purposes, the movie-theater chain was staring down the barrel whenRedditinvestors rescued the company from the depths of bankruptcy.\nSince that time, it has chosen to make hay while the sun shines, raising a substantial amount of cash through equity issues. However, even before the novel coronavirus pandemic struck, AMC was suffering.\nThat’s because there has been a substantial shift in how Americans watch movies. Box office sales reached their high in 2002 at1.58 billion tickets, eventually dropping 22% to 1.23 billion tickets by 2019. Simultaneously, we saw an increasing shift towards home viewing, helped greatly by the emergence of streaming companies.\nAnd then Covid-19 hit the industry like a ton of bricks.\nMovie-theater chainsArclight CinemasandPacific Theatershave alreadyshuttered their doorspermanently. Others are massively restructuring their operations to survive this crisis.\nHence, it’s understandable why Aron praised retail investors in his recent discussion — the subreddit r/WallStreetBets essentially bailed out the company, punishing short sellers in the process. But financial realities will eventually push the stock close to its 52-week low of $1.91 per share. I’m afraid the show’s over for AMC stock.\nShare Dilution Will Continue to Hurt AMC Stock\nAMC is paying the price of survival and it’s a steep one. At the end of 2019, AMC had nearly 104 million shares. As I write this, the movie-chain operator now has some 450 million shares. That’s about a 333% rise in a year.\nNow, I get it. AMC needs money to survive this pandemic and beyond. Movie theaters will need several business cycles to get back on their feet.\nTrue,about 25% of the U.S. populationhas been fully vaccinated as of today. However, it will take time for movie-ticket sales to return to pre-pandemic levels. In the meantime, AMC still needs money to survive.\nAs such, on May 4, the company is set to host its annual meeting and ask stockholders to greenlight the issue of another 500 million new shares. Aron has said that AMC will not issue any new stock this year, an announcement that pushed shares up 9%.\nNevertheless, the writing is on the wall. If you remain committed to AMC stock, dilution is something that you will have to bear for the foreseeable future.\nFundamentals Have Been Sliding For a While\nAlthough the pandemic has devastated movie-theater chains, the slowdown in ticket sales is a secular trend, as we touched upon earlier. In fiscal 2019, the movie-theater chain reported a net loss of $13.5 million, compared to net income of $170.6 million in the year-before quarter. Bear in mind that these figures are from before the pandemic.\nOn top of that, out of the last eight quarters,the company has reported an earnings beat just onceaccording to CNBCdata. Meanwhile, operating costs are ballooning. As my colleague Vandita Jadejahighlighted in her recent AMC piece, despite the top-line falling by over 75%, operating costs did not fall by as much.\nThis all leaves the company vulnerable to further dilution and expensive debt raises. It’s a clear red flag for AMC stock investors that are looking for management to take more of a proactive approach with this crisis.\nEvolution Has Just Passed You By\nEven if AMC survives this crisis — which by most measures it should — it still operates a largely outdated business model.\nStreaming is all the rage these days.Netflix(NASDAQ:NFLX),Amazon(NASDAQ:AMZN),Disney(NYSE:DIS) andAT&T(NYSE:T) are firmly entrenched in the streaming wars, pouring billions into original content. As of Q4 2020, Netflix is in first place withover 200 million paid subscribersworldwide, but others are catching up as well and using some pretty innovative techniques.\nLate last year, Warner Bros. announced it woulddebut all of its 2021 movies in theaters and on HBO Max simultaneouslyin the United States. Meanwhile, Netflix is set to release a new movie every week in 2021.\nAgainst this backdrop, AMC and other movie-theater chains are left to fend for themselves as streaming companies compete for attention.\nAnd even if these announcements did not take place, the writing has been on the wall for a while. Its pretty evident when you pit AMC stock’s performance against theS&P 500that the company has been fighting a losing battle.\nFinal Words on AMC\nI get the feeling that AMC is on its greatest-hits tour. Yes, you might want to invest in AMC stock out of a sense of nostalgia. But in my opinion, the company’s best days are behind it.\nLooking ahead, 5G, artificial intelligence, data analytics and the Internet of Things (IoT) are some of the subjects you need to get behind instead. These areas will be the biggest source of future growth and profitability moving forward.\nBasically, the credits are beginning to roll for AMC.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371391601,"gmtCreate":1618908317703,"gmtModify":1634289986711,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"So um","listText":"So um","text":"So um","images":[{"img":"https://static.tigerbbs.com/8dc9db81b08e4115cb9f3a402eddc994","width":"1125","height":"2730"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/371391601","isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":352785075,"gmtCreate":1617005463497,"gmtModify":1634523190195,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"When you say hedge funds it kind of takes off some credibility...","listText":"When you say hedge funds it kind of takes off some credibility...","text":"When you say hedge funds it kind of takes off some credibility...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/352785075","repostId":"1141317956","repostType":4,"repost":{"id":"1141317956","kind":"news","pubTimestamp":1617003767,"share":"https://www.laohu8.com/m/news/1141317956?lang=&edition=full","pubTime":"2021-03-29 15:42","market":"us","language":"en","title":"Hedge Fund CIO: \"Sinners Have Become The System And Will Be Eternally Supported By Policy\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1141317956","media":"zerohedge","summary":"Sinners\n“At some point on the current path, policy makers will attempt to normalize,”said the CIO. W","content":"<p><u><b>Sinners</b></u></p>\n<p><b>“At some point on the current path, policy makers will attempt to normalize,”</b>said the CIO. We were discussing sequencing, recognizing its centrality to macro trading, investing. “They will start by attempting to taper Fed purchases,” he said, the US central bank currently creating $120bln per month and using it to purchase debt. “Perhaps they signal that they intend to lower the deficit.”<b>But of course, that would only be after they first lift the deficit to fund America’s coming $3trln Recovery Plan. “And at that point, the clock starts ticking,” he said.</b></p>\n<p>“Even if one thinks the current policy path inevitably leads to a substantial inflation, there are enough orthodox policy makers that we can be confident they’ll try to avert that outcome,” continued the same CIO.<b>“So what we need to figure out is how far they’ll let stocks and inflation run before they’re compelled to taper,”</b>he said. “And then we’ll need to judge how long it will take for the economy and/or market to take a deep dive.” Not long. “When they then quickly pivot and aggressively ease, their predicament will be clear for all to see.”</p>\n<p>“Given the size of the stimulus and deficits at this stage, if policy makers are seen to be unable to normalize in any material way, that will be the stage in the sequencing when the great reset begins,” explained the same CIO. “Markets at that point will move very fast.” Maintaining calm given current policy settings requires inflation expectations to remain anchored and investors to believe policy can be normalized. “I am often a bit early on the very big trades, but this whole sequence appears sure to play out over the coming three years.”</p>\n<p>“The biggest macro change in the past 50yrs was the taming of inflation,” said Marco Polo, my favorite macro modeler. “Paul Volcker was a byproduct of the political choice to anchor inflation in a post-gold-standard world. It required great resolve, and management of a domestic financial crisis induced by the high interest rates needed to get the job done. Don Kohn observed that the Volcker master lesson ‘was to protect the system but not the sinner - and that required facts, analysis, and flexibility.’<b>Volcker was the first Fed Chair who required a personal bodyguard.</b>The Hunt brothers (silver), Penn Square and Continental Illinois (oil) and the entire Farm Credit System were all strained by his decisions and Volcker was the first Fed Chair who required a personal bodyguard. The resolve to tackling inflation cannot be overstated.”</p>\n<p>“The virtuous cycle of declining government bond yields in the past three decades that followed Volcker’s attack on inflation has been an overwhelmingly positive impulse to financial portfolios,” explained Marco Polo. “Government bonds played a large role, directly or indirectly through other assets that benefited from lower bond yields. To illustrate the point, I built a simple dynamic portfolio of stocks, bonds, the US dollar, and commodities. Allocations to those asset classes are selected depending on the state of the macro economy.”</p>\n<p><b>“When things are good and getting better, asset allocation is split between stocks and commodities; bonds are the asset allocation when things are good but weakening; long US dollar exposure is deployed in downturns; stocks and foreign currency allocations are the benchmark in early upturns,”</b>continued Marco. “The states of the macro economy are probability weighted and rebalanced over time to arrive at a balanced portfolio. The annualized monthly return of such an approach since Sep 1981 is +7.5% with volatility of less than 6%. Not bad for a passive, blunt approach.”</p>\n<p>“Let’s include a long-bond overlay to the asset allocation in all macro states so that the average gross portfolio exposure is 2x,” said Marco. “Think of this leverage as a move out the risk spectrum. The historical performance jumps to +11.5% and the Sharpe rises to more than 1.5x. Of course, asset managers did not initially have the foresight to implement such a portfolio nor did financial intermediaries have the risk appetite to provide short-term funding.<b>But with time and reinforcement from policy actions that tell us sinners have now become the system and will thus be eternally supported by policy, portfolios have pushed far out the risk spectrum taking long duration exposure directly or indirectly. It is all the same trade.”</b></p>\n<p>“Recent correlations reinforce the point.<b>The US TIPs and Tesla daily correlation is nearly 30% this year.</b>TIPs act like a low-beta play on highly valued growth companies. Both are bets on duration. The difference today from the past is today’s low starting point of bond yields. At steeply negative real yields and very low nominals, the role of bonds in a portfolio becomes heavily challenged. German bund performance in the Mar 2020 period is also a good reminder. Bund prices rose sharply over 7wks during the pandemic and reversed that move in 10-days.”</p>\n<p>“Bunds provided no protection to slower-moving asset allocators. Ten-year German real yields now trade -1.75%. They have no value as an investment, nor as a risk-mitigator,” said Marco. “Asset managers have no choice but to explore alternatives to bonds and find risk mitigators to long duration exposure. And official institutions have little choice but to lean against any undesired rise in ‘risk free’ yields.<b>Everyone is a sinner now, the system is held hostage. After all, 44% of outstanding Treasury securities are held between the Fed and foreign official institutions. And at any wobble they buy more.”</b></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>Hedge Fund CIO: \"Sinners Have Become The System And Will Be Eternally Supported By Policy\"</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\">\nHedge Fund CIO: \"Sinners Have Become The System And Will Be Eternally Supported By Policy\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-29 15:42 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/hedge-fund-cio-sinners-have-become-system-and-will-be-eternally-supported-policy><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Sinners\n“At some point on the current path, policy makers will attempt to normalize,”said the CIO. We were discussing sequencing, recognizing its centrality to macro trading, investing. “They will ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/hedge-fund-cio-sinners-have-become-system-and-will-be-eternally-supported-policy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/a8ad35190f75132817724b1baf836f80","relate_stocks":{"SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.zerohedge.com/markets/hedge-fund-cio-sinners-have-become-system-and-will-be-eternally-supported-policy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141317956","content_text":"Sinners\n“At some point on the current path, policy makers will attempt to normalize,”said the CIO. We were discussing sequencing, recognizing its centrality to macro trading, investing. “They will start by attempting to taper Fed purchases,” he said, the US central bank currently creating $120bln per month and using it to purchase debt. “Perhaps they signal that they intend to lower the deficit.”But of course, that would only be after they first lift the deficit to fund America’s coming $3trln Recovery Plan. “And at that point, the clock starts ticking,” he said.\n“Even if one thinks the current policy path inevitably leads to a substantial inflation, there are enough orthodox policy makers that we can be confident they’ll try to avert that outcome,” continued the same CIO.“So what we need to figure out is how far they’ll let stocks and inflation run before they’re compelled to taper,”he said. “And then we’ll need to judge how long it will take for the economy and/or market to take a deep dive.” Not long. “When they then quickly pivot and aggressively ease, their predicament will be clear for all to see.”\n“Given the size of the stimulus and deficits at this stage, if policy makers are seen to be unable to normalize in any material way, that will be the stage in the sequencing when the great reset begins,” explained the same CIO. “Markets at that point will move very fast.” Maintaining calm given current policy settings requires inflation expectations to remain anchored and investors to believe policy can be normalized. “I am often a bit early on the very big trades, but this whole sequence appears sure to play out over the coming three years.”\n“The biggest macro change in the past 50yrs was the taming of inflation,” said Marco Polo, my favorite macro modeler. “Paul Volcker was a byproduct of the political choice to anchor inflation in a post-gold-standard world. It required great resolve, and management of a domestic financial crisis induced by the high interest rates needed to get the job done. Don Kohn observed that the Volcker master lesson ‘was to protect the system but not the sinner - and that required facts, analysis, and flexibility.’Volcker was the first Fed Chair who required a personal bodyguard.The Hunt brothers (silver), Penn Square and Continental Illinois (oil) and the entire Farm Credit System were all strained by his decisions and Volcker was the first Fed Chair who required a personal bodyguard. The resolve to tackling inflation cannot be overstated.”\n“The virtuous cycle of declining government bond yields in the past three decades that followed Volcker’s attack on inflation has been an overwhelmingly positive impulse to financial portfolios,” explained Marco Polo. “Government bonds played a large role, directly or indirectly through other assets that benefited from lower bond yields. To illustrate the point, I built a simple dynamic portfolio of stocks, bonds, the US dollar, and commodities. Allocations to those asset classes are selected depending on the state of the macro economy.”\n“When things are good and getting better, asset allocation is split between stocks and commodities; bonds are the asset allocation when things are good but weakening; long US dollar exposure is deployed in downturns; stocks and foreign currency allocations are the benchmark in early upturns,”continued Marco. “The states of the macro economy are probability weighted and rebalanced over time to arrive at a balanced portfolio. The annualized monthly return of such an approach since Sep 1981 is +7.5% with volatility of less than 6%. Not bad for a passive, blunt approach.”\n“Let’s include a long-bond overlay to the asset allocation in all macro states so that the average gross portfolio exposure is 2x,” said Marco. “Think of this leverage as a move out the risk spectrum. The historical performance jumps to +11.5% and the Sharpe rises to more than 1.5x. Of course, asset managers did not initially have the foresight to implement such a portfolio nor did financial intermediaries have the risk appetite to provide short-term funding.But with time and reinforcement from policy actions that tell us sinners have now become the system and will thus be eternally supported by policy, portfolios have pushed far out the risk spectrum taking long duration exposure directly or indirectly. It is all the same trade.”\n“Recent correlations reinforce the point.The US TIPs and Tesla daily correlation is nearly 30% this year.TIPs act like a low-beta play on highly valued growth companies. Both are bets on duration. The difference today from the past is today’s low starting point of bond yields. At steeply negative real yields and very low nominals, the role of bonds in a portfolio becomes heavily challenged. German bund performance in the Mar 2020 period is also a good reminder. Bund prices rose sharply over 7wks during the pandemic and reversed that move in 10-days.”\n“Bunds provided no protection to slower-moving asset allocators. Ten-year German real yields now trade -1.75%. They have no value as an investment, nor as a risk-mitigator,” said Marco. “Asset managers have no choice but to explore alternatives to bonds and find risk mitigators to long duration exposure. And official institutions have little choice but to lean against any undesired rise in ‘risk free’ yields.Everyone is a sinner now, the system is held hostage. After all, 44% of outstanding Treasury securities are held between the Fed and foreign official institutions. And at any wobble they buy more.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358758205,"gmtCreate":1616733856107,"gmtModify":1634524294187,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"And?","listText":"And?","text":"And?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358758205","repostId":"2122426553","repostType":4,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358694474,"gmtCreate":1616683384998,"gmtModify":1634524561284,"author":{"id":"3571454418159222","authorId":"3571454418159222","name":"Meiw","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3571454418159222","authorIdStr":"3571454418159222"},"themes":[],"htmlText":"What?","listText":"What?","text":"What?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/358694474","repostId":"1171024907","repostType":4,"repost":{"id":"1171024907","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616675693,"share":"https://www.laohu8.com/m/news/1171024907?lang=&edition=full","pubTime":"2021-03-25 20:34","market":"us","language":"en","title":"Weekly jobless claims tumble to lowest level in more than a year","url":"https://stock-news.laohu8.com/highlight/detail?id=1171024907","media":"Tiger Newspress","summary":"First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hir","content":"<p>First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday.</p>\n<p>Claims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 since the Covid-19 pandemic began just over a year ago.</p>\n<p>Economists surveyed by Dow Jones had been expecting claims to total 735,000 after an unexpected spike the week before.</p>\n<p>A separate release Thursday morning showed that gross domestic product was stronger than anticipated in the fourth quarter. The third and final reading on GDP showed a gain of 4.3%, up from previous estimates and the Wall Street consensus of 4.1%.</p>\n<p>Policymakers have been watching the jobs data more closely, though, for clues about where the economy is headed. Last week’s progress showed that the jobs market is gaining traction amid aggressive government stimulus and a vaccination program that is seeing close to 2.5 million Americans a day getting shots aimed at stopping the Covid-19 spread.</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>Weekly jobless claims tumble to lowest level in more than a year</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\">\nWeekly jobless claims tumble to lowest level in more than a year\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-25 20:34</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday.</p>\n<p>Claims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 since the Covid-19 pandemic began just over a year ago.</p>\n<p>Economists surveyed by Dow Jones had been expecting claims to total 735,000 after an unexpected spike the week before.</p>\n<p>A separate release Thursday morning showed that gross domestic product was stronger than anticipated in the fourth quarter. The third and final reading on GDP showed a gain of 4.3%, up from previous estimates and the Wall Street consensus of 4.1%.</p>\n<p>Policymakers have been watching the jobs data more closely, though, for clues about where the economy is headed. Last week’s progress showed that the jobs market is gaining traction amid aggressive government stimulus and a vaccination program that is seeing close to 2.5 million Americans a day getting shots aimed at stopping the Covid-19 spread.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171024907","content_text":"First-time claims for unemployment insurance unexpectedly fell sharply last week amid signs that hiring has picked up in the U.S. economy, the Labor Department reported Thursday.\nClaims totaled 684,000 for the week ended March 20, the first time the number has been below 700,000 since the Covid-19 pandemic began just over a year ago.\nEconomists surveyed by Dow Jones had been expecting claims to total 735,000 after an unexpected spike the week before.\nA separate release Thursday morning showed that gross domestic product was stronger than anticipated in the fourth quarter. The third and final reading on GDP showed a gain of 4.3%, up from previous estimates and the Wall Street consensus of 4.1%.\nPolicymakers have been watching the jobs data more closely, though, for clues about where the economy is headed. Last week’s progress showed that the jobs market is gaining traction amid aggressive government stimulus and a vaccination program that is seeing close to 2.5 million Americans a day getting shots aimed at stopping the Covid-19 spread.","news_type":1},"isVote":1,"tweetType":1,"viewCount":127,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}