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AWAKEJH
2021-05-14
interesting
Toplines Before US Market Open on Friday
AWAKEJH
2021-05-15
wow
Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.
AWAKEJH
2021-03-02
hmm
Roku announces up to $1B equity capital raise
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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1620982380,"share":"https://www.laohu8.com/m/news/2135710626?lang=&edition=full","pubTime":"2021-05-14 16:53","market":"sh","language":"en","title":"Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.","url":"https://stock-news.laohu8.com/highlight/detail?id=2135710626","media":"Dow Jones","summary":"James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices. One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual","content":"<p>James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices</p><p>One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.</p><p>Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .</p><p>Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Chinese internet giant Tencent , and electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which the fund bought into in 2014.</p><p>Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.</p><p>In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.</p><p>\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"</p><p>Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>, which continues to grow after 35 years as a public company.</p><p>\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.</p><p>He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.</p><p>But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.</p><p>The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"</p><p>Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.</p><p>Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.</p><p>\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.</p><p>In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.</p><p>Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is <a href=\"https://laohu8.com/S/AONE\">one</a>)\" as well as a distinctive philosophy of business.</p><p>Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, Chinese EV player NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and European food-delivery group Delivery Hero.</p><p>\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"</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>Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.</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\">\nEarly Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-14 16:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices</p><p>One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.</p><p>Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .</p><p>Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Chinese internet giant Tencent , and electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which the fund bought into in 2014.</p><p>Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.</p><p>In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.</p><p>\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"</p><p>Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>, which continues to grow after 35 years as a public company.</p><p>\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.</p><p>He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.</p><p>But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.</p><p>The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"</p><p>Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.</p><p>Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.</p><p>\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.</p><p>In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.</p><p>Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is <a href=\"https://laohu8.com/S/AONE\">one</a>)\" as well as a distinctive philosophy of business.</p><p>Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, Chinese EV player NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and European food-delivery group Delivery Hero.</p><p>\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","TSLA":"特斯拉",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135710626","content_text":"James Anderson says to forget value investing and be ready for stomach-churning swings in stock pricesOne of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon $(AMZN)$, Chinese internet giant Tencent , and electric-car maker Tesla $(TSLA)$, which the fund bought into in 2014.Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft $(MSFT)$, which continues to grow after 35 years as a public company.\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is one)\" as well as a distinctive philosophy of business.Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group Illumina (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba $(09988)$, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna $(MRNA)$, Chinese EV player NIO $(NIO)$, and European food-delivery group Delivery Hero.\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196039807,"gmtCreate":1620998633509,"gmtModify":1634194684137,"author":{"id":"3574157160058733","authorId":"3574157160058733","authorIdStr":"3574157160058733","name":"AWAKEJH","avatar":"https://static.tigerbbs.com/ea6e10c8465d768ba9679f3f87f9baea","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574157160058733"},"themes":[],"htmlText":"interesting","listText":"interesting","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/196039807","repostId":"1197630232","repostType":4,"repost":{"id":"1197630232","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":1620994115,"share":"https://www.laohu8.com/m/news/1197630232?lang=&edition=full","pubTime":"2021-05-14 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1197630232","media":"Tiger Newspress","summary":" Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit espe","content":"<ul><li>Stock futures extend gains after Dow's best day since March.</li><li>Bitcoin traded above $50,000.</li><li>Blockchain stocks, Tech stocks rally in premarket trading.</li><li>Disney, DoorDash, Snowflake, Fisker & more making the biggest moves in the premarket.</li><li>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</li></ul><p>(May 14) Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.</p><p>All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit especially hard amid hotter-than-expected inflation data, pulling the Nasdaq down 4.6% for the week.</p><p>At 8:03 a.m. ET, Dow E-minis were up 171 points, or 0.50%, S&P 500 E-minis were up 27.75 points, or 0.68% and Nasdaq 100 E-minis were up 142.50 points, or 1.09%.</p><p><img src=\"https://static.tigerbbs.com/fff7d1b70fcf5d6f7637c65743dfdb01\" tg-width=\"1242\" tg-height=\"491\" referrerpolicy=\"no-referrer\"></p><p>Blockchain stocks, Tech stocks rally in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/644f610cd528141eed1d81ae52393199\" tg-width=\"324\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/4fadb30b15175c64bc2684dbd8720772\" tg-width=\"327\" tg-height=\"594\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/42044defa599e3e6dee013fdfafaeaee\" tg-width=\"333\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p><b>Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more</b></p><p><b>1) Walt Disney(DIS) </b>– Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming servicefell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts.</p><p><b>2) DoorDash(DASH)</b> – DoorDash surged 8.2% in the premarket afterfirst-quarter revenue came in above analysts’ forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours.</p><p><b>3) Snowflake(SNOW)</b> – The cloud computing company was upgraded to \"buy\" from \"neutral\" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading.</p><p><b>4) Airbnb(ABNB)</b> – Airbnbposted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in gross bookings as more Americans received Covid-19 vaccinations and travel restrictions eased.</p><p><b>5) Coinbase(COIN)</b> – Coinbasereported record profitduring the first quarter, as the cryptocurrency exchange benefited from a significant rally in bitcoin and other digital currencies. Coinbase shares rose 2.3% in premarket action.</p><p><b>6) Kansas City Southern(KSU)</b> – The U.S.-based rail operator acceptedCanadian National Railway’s(CNI) $33.6 billion takeover bid, casting aside the $29 billion deal it had previously agreed to withCanadian Pacific Railway(CP). Canadian Pacific has five business days to make a counter-offer for Kansas City Southern. Canadian National added 2.9% in premarket trading, while Canadian Pacific rose 1.6%.</p><p><b>7) Tyson Foods(TSN)</b> – The beef and poultry producer sold its pet treats business toGeneral Mills(GIS) for $1.2 billion. The sale includes the Nudges, Top Chews and True Chews brands as well as an Iowa production facility.</p><p><b>8) General Electric(GE) </b>– Citi reinstated coverage of GE with a “buy” rating, based on a “sum of the parts” valuation and better execution across GE’s portfolio of businesses. GE shares added 1.1% in premarket trading.</p><p><b>9) Aurora Cannabis(ACB)</b> – Aurora Cannabis tumbled 8.7% in premarket action after it reported lower-than-expected fiscal third-quarter revenue, hit by pandemic-related restrictions in Canada. Separately, the cannabis producer announced a move in its U.S. stock listing to Nasdaq from the New York Stock Exchange, citing lower costs.</p><p><b>10) Fisker(FSR) </b>– Fisker soared 14.5% in premarket trading after the electric car maker signed a deal with contract manufacturer Foxconn to co-develop electric vehicles. Plans include opening a new U.S. manufacturing plant in 2023, although a location has not yet been finalized.</p><p><b>11) Poly(PLT) </b>– Poly tumbled 19.5% in the premarket after the maker of audio and video products issued a weaker than expected outlook. The company formerly known as Plantronics said it expected the global semiconductor shortage to negatively impact its supply chain. It did, however, report better-than-expected profit and revenue for its latest quarter.</p><p><b>12) Unity Software(U)</b> – The 3D content creation platform company rose 3.2% in the premarket after Oppenheimer upgraded the stock to “outperform” from “perform.” Oppenheimer said the current price is an attractive entry point given Unity’s growth prospects.</p><p><b>Bitcoin</b></p><p>Bitcoin traded above $50,000, reversing some of its slump on Tesla Inc.’s decision to suspend purchases using the digital currency.</p><p><img src=\"https://static.tigerbbs.com/e0a3d7f82a1e4f6f6a799cb997a7718c\" tg-width=\"1058\" tg-height=\"777\" referrerpolicy=\"no-referrer\"><b>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</b> Dogecoin’s price jumped Friday after a tweet from supporterElon Muskand asCoinbase said it would list the meme-inspired cryptocurrency. The price of dogecoinrose to an intraday highof around 56 cents, according to data from Coin Metrics. However, it’s still down about 20% from arecord high of nearly 67 cents only a week ago. Musk tweeted Thursday that he was working with dogecoin developers to improve the efficiency of transactions. Also Thursday, crypto exchange platform Coinbase said it wouldoffer dogecoin support in the next six to eight weeks.</p><p><b>Currencies</b></p><p>The Bloomberg Dollar Spot Index fell 0.3%.The euro gained 0.4% to $1.2125.The British pound increased 0.2% to $1.4085.The onshore yuan strengthened 0.2% to 6.436 per dollar.The Japanese yen strengthened 0.2% to 109.28 per dollar.</p><p><b>Bonds</b></p><p>The yield on 10-year Treasuries fell two basis points to 1.64%.The yield on two-year Treasuries decreased less than one basis point to 0.15%.Germany’s 10-year yield declined one basis point to -0.13%.Japan’s 10-year yield dipped one basis point to 0.089%.Britain’s 10-year yield decreased three basis points to 0.866%.</p><p><b>Commodities</b></p><p>West Texas Intermediate crude increased 1.1% to $64.54 a barrel.Brent crude climbed 1.2% to $67.86 a barrel.Gold strengthened 0.5% to $1,836.10 an ounce.</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>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\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\">2021-05-14 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Stock futures extend gains after Dow's best day since March.</li><li>Bitcoin traded above $50,000.</li><li>Blockchain stocks, Tech stocks rally in premarket trading.</li><li>Disney, DoorDash, Snowflake, Fisker & more making the biggest moves in the premarket.</li><li>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</li></ul><p>(May 14) Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.</p><p>All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit especially hard amid hotter-than-expected inflation data, pulling the Nasdaq down 4.6% for the week.</p><p>At 8:03 a.m. ET, Dow E-minis were up 171 points, or 0.50%, S&P 500 E-minis were up 27.75 points, or 0.68% and Nasdaq 100 E-minis were up 142.50 points, or 1.09%.</p><p><img src=\"https://static.tigerbbs.com/fff7d1b70fcf5d6f7637c65743dfdb01\" tg-width=\"1242\" tg-height=\"491\" referrerpolicy=\"no-referrer\"></p><p>Blockchain stocks, Tech stocks rally in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/644f610cd528141eed1d81ae52393199\" tg-width=\"324\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/4fadb30b15175c64bc2684dbd8720772\" tg-width=\"327\" tg-height=\"594\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/42044defa599e3e6dee013fdfafaeaee\" tg-width=\"333\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p><b>Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more</b></p><p><b>1) Walt Disney(DIS) </b>– Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming servicefell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts.</p><p><b>2) DoorDash(DASH)</b> – DoorDash surged 8.2% in the premarket afterfirst-quarter revenue came in above analysts’ forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours.</p><p><b>3) Snowflake(SNOW)</b> – The cloud computing company was upgraded to \"buy\" from \"neutral\" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading.</p><p><b>4) Airbnb(ABNB)</b> – Airbnbposted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in gross bookings as more Americans received Covid-19 vaccinations and travel restrictions eased.</p><p><b>5) Coinbase(COIN)</b> – Coinbasereported record profitduring the first quarter, as the cryptocurrency exchange benefited from a significant rally in bitcoin and other digital currencies. Coinbase shares rose 2.3% in premarket action.</p><p><b>6) Kansas City Southern(KSU)</b> – The U.S.-based rail operator acceptedCanadian National Railway’s(CNI) $33.6 billion takeover bid, casting aside the $29 billion deal it had previously agreed to withCanadian Pacific Railway(CP). Canadian Pacific has five business days to make a counter-offer for Kansas City Southern. Canadian National added 2.9% in premarket trading, while Canadian Pacific rose 1.6%.</p><p><b>7) Tyson Foods(TSN)</b> – The beef and poultry producer sold its pet treats business toGeneral Mills(GIS) for $1.2 billion. The sale includes the Nudges, Top Chews and True Chews brands as well as an Iowa production facility.</p><p><b>8) General Electric(GE) </b>– Citi reinstated coverage of GE with a “buy” rating, based on a “sum of the parts” valuation and better execution across GE’s portfolio of businesses. GE shares added 1.1% in premarket trading.</p><p><b>9) Aurora Cannabis(ACB)</b> – Aurora Cannabis tumbled 8.7% in premarket action after it reported lower-than-expected fiscal third-quarter revenue, hit by pandemic-related restrictions in Canada. Separately, the cannabis producer announced a move in its U.S. stock listing to Nasdaq from the New York Stock Exchange, citing lower costs.</p><p><b>10) Fisker(FSR) </b>– Fisker soared 14.5% in premarket trading after the electric car maker signed a deal with contract manufacturer Foxconn to co-develop electric vehicles. Plans include opening a new U.S. manufacturing plant in 2023, although a location has not yet been finalized.</p><p><b>11) Poly(PLT) </b>– Poly tumbled 19.5% in the premarket after the maker of audio and video products issued a weaker than expected outlook. The company formerly known as Plantronics said it expected the global semiconductor shortage to negatively impact its supply chain. It did, however, report better-than-expected profit and revenue for its latest quarter.</p><p><b>12) Unity Software(U)</b> – The 3D content creation platform company rose 3.2% in the premarket after Oppenheimer upgraded the stock to “outperform” from “perform.” Oppenheimer said the current price is an attractive entry point given Unity’s growth prospects.</p><p><b>Bitcoin</b></p><p>Bitcoin traded above $50,000, reversing some of its slump on Tesla Inc.’s decision to suspend purchases using the digital currency.</p><p><img src=\"https://static.tigerbbs.com/e0a3d7f82a1e4f6f6a799cb997a7718c\" tg-width=\"1058\" tg-height=\"777\" referrerpolicy=\"no-referrer\"><b>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</b> Dogecoin’s price jumped Friday after a tweet from supporterElon Muskand asCoinbase said it would list the meme-inspired cryptocurrency. The price of dogecoinrose to an intraday highof around 56 cents, according to data from Coin Metrics. However, it’s still down about 20% from arecord high of nearly 67 cents only a week ago. Musk tweeted Thursday that he was working with dogecoin developers to improve the efficiency of transactions. Also Thursday, crypto exchange platform Coinbase said it wouldoffer dogecoin support in the next six to eight weeks.</p><p><b>Currencies</b></p><p>The Bloomberg Dollar Spot Index fell 0.3%.The euro gained 0.4% to $1.2125.The British pound increased 0.2% to $1.4085.The onshore yuan strengthened 0.2% to 6.436 per dollar.The Japanese yen strengthened 0.2% to 109.28 per dollar.</p><p><b>Bonds</b></p><p>The yield on 10-year Treasuries fell two basis points to 1.64%.The yield on two-year Treasuries decreased less than one basis point to 0.15%.Germany’s 10-year yield declined one basis point to -0.13%.Japan’s 10-year yield dipped one basis point to 0.089%.Britain’s 10-year yield decreased three basis points to 0.866%.</p><p><b>Commodities</b></p><p>West Texas Intermediate crude increased 1.1% to $64.54 a barrel.Brent crude climbed 1.2% to $67.86 a barrel.Gold strengthened 0.5% to $1,836.10 an ounce.</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":"1197630232","content_text":"Stock futures extend gains after Dow's best day since March.Bitcoin traded above $50,000.Blockchain stocks, Tech stocks rally in premarket trading.Disney, DoorDash, Snowflake, Fisker & more making the biggest moves in the premarket.Dogecoin rallies after Elon Musk tweet, Coinbase listing.(May 14) Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit especially hard amid hotter-than-expected inflation data, pulling the Nasdaq down 4.6% for the week.At 8:03 a.m. ET, Dow E-minis were up 171 points, or 0.50%, S&P 500 E-minis were up 27.75 points, or 0.68% and Nasdaq 100 E-minis were up 142.50 points, or 1.09%.Blockchain stocks, Tech stocks rally in premarket trading.Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more1) Walt Disney(DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming servicefell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts.2) DoorDash(DASH) – DoorDash surged 8.2% in the premarket afterfirst-quarter revenue came in above analysts’ forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours.3) Snowflake(SNOW) – The cloud computing company was upgraded to \"buy\" from \"neutral\" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading.4) Airbnb(ABNB) – Airbnbposted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in gross bookings as more Americans received Covid-19 vaccinations and travel restrictions eased.5) Coinbase(COIN) – Coinbasereported record profitduring the first quarter, as the cryptocurrency exchange benefited from a significant rally in bitcoin and other digital currencies. Coinbase shares rose 2.3% in premarket action.6) Kansas City Southern(KSU) – The U.S.-based rail operator acceptedCanadian National Railway’s(CNI) $33.6 billion takeover bid, casting aside the $29 billion deal it had previously agreed to withCanadian Pacific Railway(CP). Canadian Pacific has five business days to make a counter-offer for Kansas City Southern. Canadian National added 2.9% in premarket trading, while Canadian Pacific rose 1.6%.7) Tyson Foods(TSN) – The beef and poultry producer sold its pet treats business toGeneral Mills(GIS) for $1.2 billion. The sale includes the Nudges, Top Chews and True Chews brands as well as an Iowa production facility.8) General Electric(GE) – Citi reinstated coverage of GE with a “buy” rating, based on a “sum of the parts” valuation and better execution across GE’s portfolio of businesses. GE shares added 1.1% in premarket trading.9) Aurora Cannabis(ACB) – Aurora Cannabis tumbled 8.7% in premarket action after it reported lower-than-expected fiscal third-quarter revenue, hit by pandemic-related restrictions in Canada. Separately, the cannabis producer announced a move in its U.S. stock listing to Nasdaq from the New York Stock Exchange, citing lower costs.10) Fisker(FSR) – Fisker soared 14.5% in premarket trading after the electric car maker signed a deal with contract manufacturer Foxconn to co-develop electric vehicles. Plans include opening a new U.S. manufacturing plant in 2023, although a location has not yet been finalized.11) Poly(PLT) – Poly tumbled 19.5% in the premarket after the maker of audio and video products issued a weaker than expected outlook. The company formerly known as Plantronics said it expected the global semiconductor shortage to negatively impact its supply chain. It did, however, report better-than-expected profit and revenue for its latest quarter.12) Unity Software(U) – The 3D content creation platform company rose 3.2% in the premarket after Oppenheimer upgraded the stock to “outperform” from “perform.” Oppenheimer said the current price is an attractive entry point given Unity’s growth prospects.BitcoinBitcoin traded above $50,000, reversing some of its slump on Tesla Inc.’s decision to suspend purchases using the digital currency.Dogecoin rallies after Elon Musk tweet, Coinbase listing. Dogecoin’s price jumped Friday after a tweet from supporterElon Muskand asCoinbase said it would list the meme-inspired cryptocurrency. The price of dogecoinrose to an intraday highof around 56 cents, according to data from Coin Metrics. However, it’s still down about 20% from arecord high of nearly 67 cents only a week ago. Musk tweeted Thursday that he was working with dogecoin developers to improve the efficiency of transactions. Also Thursday, crypto exchange platform Coinbase said it wouldoffer dogecoin support in the next six to eight weeks.CurrenciesThe Bloomberg Dollar Spot Index fell 0.3%.The euro gained 0.4% to $1.2125.The British pound increased 0.2% to $1.4085.The onshore yuan strengthened 0.2% to 6.436 per dollar.The Japanese yen strengthened 0.2% to 109.28 per dollar.BondsThe yield on 10-year Treasuries fell two basis points to 1.64%.The yield on two-year Treasuries decreased less than one basis point to 0.15%.Germany’s 10-year yield declined one basis point to -0.13%.Japan’s 10-year yield dipped one basis point to 0.089%.Britain’s 10-year yield decreased three basis points to 0.866%.CommoditiesWest Texas Intermediate crude increased 1.1% to $64.54 a barrel.Brent crude climbed 1.2% to $67.86 a barrel.Gold strengthened 0.5% to $1,836.10 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365989545,"gmtCreate":1614689238087,"gmtModify":1703479886932,"author":{"id":"3574157160058733","authorId":"3574157160058733","authorIdStr":"3574157160058733","name":"AWAKEJH","avatar":"https://static.tigerbbs.com/ea6e10c8465d768ba9679f3f87f9baea","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574157160058733"},"themes":[],"htmlText":"hmm ","listText":"hmm ","text":"hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365989545","repostId":"1178558123","repostType":4,"repost":{"id":"1178558123","pubTimestamp":1614686592,"share":"https://www.laohu8.com/m/news/1178558123?lang=&edition=full","pubTime":"2021-03-02 20:03","market":"us","language":"en","title":"Roku announces up to $1B equity capital raise","url":"https://stock-news.laohu8.com/highlight/detail?id=1178558123","media":"seekingalpha","summary":"(March 2) Roku has signed anEquity Distribution Agreementwith Morgan Stanley, Citigroup Global Marke","content":"<p>(March 2) Roku has signed anEquity Distribution Agreementwith <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, Citigroup Global Markets and Evercore Group as sales agents toissue up to $1B of Class A common stock.</p>\n<p>Net proceeds will be used for working capital and general corporate purposes, including sales and marketing activities, research and development activities, general and administrative matters, repayment of debt, other business opportunities and capital expenditures.</p>\n<p>The company may also use net proceeds to acquire or invest in businesses, products and technologies.</p>\n<p>Shares up 0.83% premarket.</p>\n<p>Roku shares climbed yesterday on astrategic alliance with Nielsen.</p>\n<p><img src=\"https://static.tigerbbs.com/12980bacdd3dcedecefb8713fd540e79\" tg-width=\"1064\" tg-height=\"499\"></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>Roku announces up to $1B equity capital raise</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\">\nRoku announces up to $1B equity capital raise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 20:03 GMT+8 <a href=https://seekingalpha.com/news/3668126-roku-announces-1b-equity-capital-raise><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(March 2) Roku has signed anEquity Distribution Agreementwith Morgan Stanley, Citigroup Global Markets and Evercore Group as sales agents toissue up to $1B of Class A common stock.\nNet proceeds will ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668126-roku-announces-1b-equity-capital-raise\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc"},"source_url":"https://seekingalpha.com/news/3668126-roku-announces-1b-equity-capital-raise","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1178558123","content_text":"(March 2) Roku has signed anEquity Distribution Agreementwith Morgan Stanley, Citigroup Global Markets and Evercore Group as sales agents toissue up to $1B of Class A common stock.\nNet proceeds will be used for working capital and general corporate purposes, including sales and marketing activities, research and development activities, general and administrative matters, repayment of debt, other business opportunities and capital expenditures.\nThe company may also use net proceeds to acquire or invest in businesses, products and technologies.\nShares up 0.83% premarket.\nRoku shares climbed yesterday on astrategic alliance with Nielsen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":196039807,"gmtCreate":1620998633509,"gmtModify":1634194684137,"author":{"id":"3574157160058733","authorId":"3574157160058733","authorIdStr":"3574157160058733","name":"AWAKEJH","avatar":"https://static.tigerbbs.com/ea6e10c8465d768ba9679f3f87f9baea","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574157160058733"},"themes":[],"htmlText":"interesting","listText":"interesting","text":"interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/196039807","repostId":"1197630232","repostType":4,"repost":{"id":"1197630232","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":1620994115,"share":"https://www.laohu8.com/m/news/1197630232?lang=&edition=full","pubTime":"2021-05-14 20:08","market":"us","language":"en","title":"Toplines Before US Market Open on Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1197630232","media":"Tiger Newspress","summary":" Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit espe","content":"<ul><li>Stock futures extend gains after Dow's best day since March.</li><li>Bitcoin traded above $50,000.</li><li>Blockchain stocks, Tech stocks rally in premarket trading.</li><li>Disney, DoorDash, Snowflake, Fisker & more making the biggest moves in the premarket.</li><li>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</li></ul><p>(May 14) Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.</p><p>All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit especially hard amid hotter-than-expected inflation data, pulling the Nasdaq down 4.6% for the week.</p><p>At 8:03 a.m. ET, Dow E-minis were up 171 points, or 0.50%, S&P 500 E-minis were up 27.75 points, or 0.68% and Nasdaq 100 E-minis were up 142.50 points, or 1.09%.</p><p><img src=\"https://static.tigerbbs.com/fff7d1b70fcf5d6f7637c65743dfdb01\" tg-width=\"1242\" tg-height=\"491\" referrerpolicy=\"no-referrer\"></p><p>Blockchain stocks, Tech stocks rally in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/644f610cd528141eed1d81ae52393199\" tg-width=\"324\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/4fadb30b15175c64bc2684dbd8720772\" tg-width=\"327\" tg-height=\"594\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/42044defa599e3e6dee013fdfafaeaee\" tg-width=\"333\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p><b>Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more</b></p><p><b>1) Walt Disney(DIS) </b>– Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming servicefell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts.</p><p><b>2) DoorDash(DASH)</b> – DoorDash surged 8.2% in the premarket afterfirst-quarter revenue came in above analysts’ forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours.</p><p><b>3) Snowflake(SNOW)</b> – The cloud computing company was upgraded to \"buy\" from \"neutral\" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading.</p><p><b>4) Airbnb(ABNB)</b> – Airbnbposted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in gross bookings as more Americans received Covid-19 vaccinations and travel restrictions eased.</p><p><b>5) Coinbase(COIN)</b> – Coinbasereported record profitduring the first quarter, as the cryptocurrency exchange benefited from a significant rally in bitcoin and other digital currencies. Coinbase shares rose 2.3% in premarket action.</p><p><b>6) Kansas City Southern(KSU)</b> – The U.S.-based rail operator acceptedCanadian National Railway’s(CNI) $33.6 billion takeover bid, casting aside the $29 billion deal it had previously agreed to withCanadian Pacific Railway(CP). Canadian Pacific has five business days to make a counter-offer for Kansas City Southern. Canadian National added 2.9% in premarket trading, while Canadian Pacific rose 1.6%.</p><p><b>7) Tyson Foods(TSN)</b> – The beef and poultry producer sold its pet treats business toGeneral Mills(GIS) for $1.2 billion. The sale includes the Nudges, Top Chews and True Chews brands as well as an Iowa production facility.</p><p><b>8) General Electric(GE) </b>– Citi reinstated coverage of GE with a “buy” rating, based on a “sum of the parts” valuation and better execution across GE’s portfolio of businesses. GE shares added 1.1% in premarket trading.</p><p><b>9) Aurora Cannabis(ACB)</b> – Aurora Cannabis tumbled 8.7% in premarket action after it reported lower-than-expected fiscal third-quarter revenue, hit by pandemic-related restrictions in Canada. Separately, the cannabis producer announced a move in its U.S. stock listing to Nasdaq from the New York Stock Exchange, citing lower costs.</p><p><b>10) Fisker(FSR) </b>– Fisker soared 14.5% in premarket trading after the electric car maker signed a deal with contract manufacturer Foxconn to co-develop electric vehicles. Plans include opening a new U.S. manufacturing plant in 2023, although a location has not yet been finalized.</p><p><b>11) Poly(PLT) </b>– Poly tumbled 19.5% in the premarket after the maker of audio and video products issued a weaker than expected outlook. The company formerly known as Plantronics said it expected the global semiconductor shortage to negatively impact its supply chain. It did, however, report better-than-expected profit and revenue for its latest quarter.</p><p><b>12) Unity Software(U)</b> – The 3D content creation platform company rose 3.2% in the premarket after Oppenheimer upgraded the stock to “outperform” from “perform.” Oppenheimer said the current price is an attractive entry point given Unity’s growth prospects.</p><p><b>Bitcoin</b></p><p>Bitcoin traded above $50,000, reversing some of its slump on Tesla Inc.’s decision to suspend purchases using the digital currency.</p><p><img src=\"https://static.tigerbbs.com/e0a3d7f82a1e4f6f6a799cb997a7718c\" tg-width=\"1058\" tg-height=\"777\" referrerpolicy=\"no-referrer\"><b>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</b> Dogecoin’s price jumped Friday after a tweet from supporterElon Muskand asCoinbase said it would list the meme-inspired cryptocurrency. The price of dogecoinrose to an intraday highof around 56 cents, according to data from Coin Metrics. However, it’s still down about 20% from arecord high of nearly 67 cents only a week ago. Musk tweeted Thursday that he was working with dogecoin developers to improve the efficiency of transactions. Also Thursday, crypto exchange platform Coinbase said it wouldoffer dogecoin support in the next six to eight weeks.</p><p><b>Currencies</b></p><p>The Bloomberg Dollar Spot Index fell 0.3%.The euro gained 0.4% to $1.2125.The British pound increased 0.2% to $1.4085.The onshore yuan strengthened 0.2% to 6.436 per dollar.The Japanese yen strengthened 0.2% to 109.28 per dollar.</p><p><b>Bonds</b></p><p>The yield on 10-year Treasuries fell two basis points to 1.64%.The yield on two-year Treasuries decreased less than one basis point to 0.15%.Germany’s 10-year yield declined one basis point to -0.13%.Japan’s 10-year yield dipped one basis point to 0.089%.Britain’s 10-year yield decreased three basis points to 0.866%.</p><p><b>Commodities</b></p><p>West Texas Intermediate crude increased 1.1% to $64.54 a barrel.Brent crude climbed 1.2% to $67.86 a barrel.Gold strengthened 0.5% to $1,836.10 an ounce.</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>Toplines Before US Market Open on Friday</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\">\nToplines Before US Market Open on Friday\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\">2021-05-14 20:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Stock futures extend gains after Dow's best day since March.</li><li>Bitcoin traded above $50,000.</li><li>Blockchain stocks, Tech stocks rally in premarket trading.</li><li>Disney, DoorDash, Snowflake, Fisker & more making the biggest moves in the premarket.</li><li>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</li></ul><p>(May 14) Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.</p><p>All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit especially hard amid hotter-than-expected inflation data, pulling the Nasdaq down 4.6% for the week.</p><p>At 8:03 a.m. ET, Dow E-minis were up 171 points, or 0.50%, S&P 500 E-minis were up 27.75 points, or 0.68% and Nasdaq 100 E-minis were up 142.50 points, or 1.09%.</p><p><img src=\"https://static.tigerbbs.com/fff7d1b70fcf5d6f7637c65743dfdb01\" tg-width=\"1242\" tg-height=\"491\" referrerpolicy=\"no-referrer\"></p><p>Blockchain stocks, Tech stocks rally in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/644f610cd528141eed1d81ae52393199\" tg-width=\"324\" tg-height=\"323\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/4fadb30b15175c64bc2684dbd8720772\" tg-width=\"327\" tg-height=\"594\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/42044defa599e3e6dee013fdfafaeaee\" tg-width=\"333\" tg-height=\"321\" referrerpolicy=\"no-referrer\"></p><p><b>Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more</b></p><p><b>1) Walt Disney(DIS) </b>– Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming servicefell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts.</p><p><b>2) DoorDash(DASH)</b> – DoorDash surged 8.2% in the premarket afterfirst-quarter revenue came in above analysts’ forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours.</p><p><b>3) Snowflake(SNOW)</b> – The cloud computing company was upgraded to \"buy\" from \"neutral\" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading.</p><p><b>4) Airbnb(ABNB)</b> – Airbnbposted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in gross bookings as more Americans received Covid-19 vaccinations and travel restrictions eased.</p><p><b>5) Coinbase(COIN)</b> – Coinbasereported record profitduring the first quarter, as the cryptocurrency exchange benefited from a significant rally in bitcoin and other digital currencies. Coinbase shares rose 2.3% in premarket action.</p><p><b>6) Kansas City Southern(KSU)</b> – The U.S.-based rail operator acceptedCanadian National Railway’s(CNI) $33.6 billion takeover bid, casting aside the $29 billion deal it had previously agreed to withCanadian Pacific Railway(CP). Canadian Pacific has five business days to make a counter-offer for Kansas City Southern. Canadian National added 2.9% in premarket trading, while Canadian Pacific rose 1.6%.</p><p><b>7) Tyson Foods(TSN)</b> – The beef and poultry producer sold its pet treats business toGeneral Mills(GIS) for $1.2 billion. The sale includes the Nudges, Top Chews and True Chews brands as well as an Iowa production facility.</p><p><b>8) General Electric(GE) </b>– Citi reinstated coverage of GE with a “buy” rating, based on a “sum of the parts” valuation and better execution across GE’s portfolio of businesses. GE shares added 1.1% in premarket trading.</p><p><b>9) Aurora Cannabis(ACB)</b> – Aurora Cannabis tumbled 8.7% in premarket action after it reported lower-than-expected fiscal third-quarter revenue, hit by pandemic-related restrictions in Canada. Separately, the cannabis producer announced a move in its U.S. stock listing to Nasdaq from the New York Stock Exchange, citing lower costs.</p><p><b>10) Fisker(FSR) </b>– Fisker soared 14.5% in premarket trading after the electric car maker signed a deal with contract manufacturer Foxconn to co-develop electric vehicles. Plans include opening a new U.S. manufacturing plant in 2023, although a location has not yet been finalized.</p><p><b>11) Poly(PLT) </b>– Poly tumbled 19.5% in the premarket after the maker of audio and video products issued a weaker than expected outlook. The company formerly known as Plantronics said it expected the global semiconductor shortage to negatively impact its supply chain. It did, however, report better-than-expected profit and revenue for its latest quarter.</p><p><b>12) Unity Software(U)</b> – The 3D content creation platform company rose 3.2% in the premarket after Oppenheimer upgraded the stock to “outperform” from “perform.” Oppenheimer said the current price is an attractive entry point given Unity’s growth prospects.</p><p><b>Bitcoin</b></p><p>Bitcoin traded above $50,000, reversing some of its slump on Tesla Inc.’s decision to suspend purchases using the digital currency.</p><p><img src=\"https://static.tigerbbs.com/e0a3d7f82a1e4f6f6a799cb997a7718c\" tg-width=\"1058\" tg-height=\"777\" referrerpolicy=\"no-referrer\"><b>Dogecoin rallies after Elon Musk tweet, Coinbase listing.</b> Dogecoin’s price jumped Friday after a tweet from supporterElon Muskand asCoinbase said it would list the meme-inspired cryptocurrency. The price of dogecoinrose to an intraday highof around 56 cents, according to data from Coin Metrics. However, it’s still down about 20% from arecord high of nearly 67 cents only a week ago. Musk tweeted Thursday that he was working with dogecoin developers to improve the efficiency of transactions. Also Thursday, crypto exchange platform Coinbase said it wouldoffer dogecoin support in the next six to eight weeks.</p><p><b>Currencies</b></p><p>The Bloomberg Dollar Spot Index fell 0.3%.The euro gained 0.4% to $1.2125.The British pound increased 0.2% to $1.4085.The onshore yuan strengthened 0.2% to 6.436 per dollar.The Japanese yen strengthened 0.2% to 109.28 per dollar.</p><p><b>Bonds</b></p><p>The yield on 10-year Treasuries fell two basis points to 1.64%.The yield on two-year Treasuries decreased less than one basis point to 0.15%.Germany’s 10-year yield declined one basis point to -0.13%.Japan’s 10-year yield dipped one basis point to 0.089%.Britain’s 10-year yield decreased three basis points to 0.866%.</p><p><b>Commodities</b></p><p>West Texas Intermediate crude increased 1.1% to $64.54 a barrel.Brent crude climbed 1.2% to $67.86 a barrel.Gold strengthened 0.5% to $1,836.10 an ounce.</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":"1197630232","content_text":"Stock futures extend gains after Dow's best day since March.Bitcoin traded above $50,000.Blockchain stocks, Tech stocks rally in premarket trading.Disney, DoorDash, Snowflake, Fisker & more making the biggest moves in the premarket.Dogecoin rallies after Elon Musk tweet, Coinbase listing.(May 14) Futures contracts tied to major stock indexesjumped in early trading Fridayas Wall Street is set to rebound for a second day after starting the week with big losses. Dow Jones Industrial Average futures climbed 150 points. S&P 500 futures gained 0.6%. Futures on the tech-heavy Nasdaq 100 Index, the relative underperformer this week, popped 1%.All three benchmarks are still on pace to post sharp losses for the week, with the Dow down 2.2% and the S&P shedding 2.8%. Tech stocks have been hit especially hard amid hotter-than-expected inflation data, pulling the Nasdaq down 4.6% for the week.At 8:03 a.m. ET, Dow E-minis were up 171 points, or 0.50%, S&P 500 E-minis were up 27.75 points, or 0.68% and Nasdaq 100 E-minis were up 142.50 points, or 1.09%.Blockchain stocks, Tech stocks rally in premarket trading.Stocks making the biggest moves in the premarket: Disney, DoorDash, Snowflake, Fisker & more1) Walt Disney(DIS) – Disney shares dropped 3.9% in premarket trading after growth figures for the Disney+ streaming servicefell short of Wall Street predictions. Disney reported better-than-expected profit for the first quarter, but revenue was short of analysts’ forecasts.2) DoorDash(DASH) – DoorDash surged 8.2% in the premarket afterfirst-quarter revenue came in above analysts’ forecasts, and the food delivery service raised its annual forecast for order value. First-quarter results got a boost from stimulus checks, although the company said those same checks were responsible for drivers working fewer hours.3) Snowflake(SNOW) – The cloud computing company was upgraded to \"buy\" from \"neutral\" at Goldman Sachs, which notes the Snowflake's strong competitive position, as well as a drop from recent highs that is much larger than its peers have experienced. Snowflake jumped 5.7% in premarket trading.4) Airbnb(ABNB) – Airbnbposted a first-quarter loss, but it also reported better-than-expected revenue as well a 52% jump in gross bookings as more Americans received Covid-19 vaccinations and travel restrictions eased.5) Coinbase(COIN) – Coinbasereported record profitduring the first quarter, as the cryptocurrency exchange benefited from a significant rally in bitcoin and other digital currencies. Coinbase shares rose 2.3% in premarket action.6) Kansas City Southern(KSU) – The U.S.-based rail operator acceptedCanadian National Railway’s(CNI) $33.6 billion takeover bid, casting aside the $29 billion deal it had previously agreed to withCanadian Pacific Railway(CP). Canadian Pacific has five business days to make a counter-offer for Kansas City Southern. Canadian National added 2.9% in premarket trading, while Canadian Pacific rose 1.6%.7) Tyson Foods(TSN) – The beef and poultry producer sold its pet treats business toGeneral Mills(GIS) for $1.2 billion. The sale includes the Nudges, Top Chews and True Chews brands as well as an Iowa production facility.8) General Electric(GE) – Citi reinstated coverage of GE with a “buy” rating, based on a “sum of the parts” valuation and better execution across GE’s portfolio of businesses. GE shares added 1.1% in premarket trading.9) Aurora Cannabis(ACB) – Aurora Cannabis tumbled 8.7% in premarket action after it reported lower-than-expected fiscal third-quarter revenue, hit by pandemic-related restrictions in Canada. Separately, the cannabis producer announced a move in its U.S. stock listing to Nasdaq from the New York Stock Exchange, citing lower costs.10) Fisker(FSR) – Fisker soared 14.5% in premarket trading after the electric car maker signed a deal with contract manufacturer Foxconn to co-develop electric vehicles. Plans include opening a new U.S. manufacturing plant in 2023, although a location has not yet been finalized.11) Poly(PLT) – Poly tumbled 19.5% in the premarket after the maker of audio and video products issued a weaker than expected outlook. The company formerly known as Plantronics said it expected the global semiconductor shortage to negatively impact its supply chain. It did, however, report better-than-expected profit and revenue for its latest quarter.12) Unity Software(U) – The 3D content creation platform company rose 3.2% in the premarket after Oppenheimer upgraded the stock to “outperform” from “perform.” Oppenheimer said the current price is an attractive entry point given Unity’s growth prospects.BitcoinBitcoin traded above $50,000, reversing some of its slump on Tesla Inc.’s decision to suspend purchases using the digital currency.Dogecoin rallies after Elon Musk tweet, Coinbase listing. Dogecoin’s price jumped Friday after a tweet from supporterElon Muskand asCoinbase said it would list the meme-inspired cryptocurrency. The price of dogecoinrose to an intraday highof around 56 cents, according to data from Coin Metrics. However, it’s still down about 20% from arecord high of nearly 67 cents only a week ago. Musk tweeted Thursday that he was working with dogecoin developers to improve the efficiency of transactions. Also Thursday, crypto exchange platform Coinbase said it wouldoffer dogecoin support in the next six to eight weeks.CurrenciesThe Bloomberg Dollar Spot Index fell 0.3%.The euro gained 0.4% to $1.2125.The British pound increased 0.2% to $1.4085.The onshore yuan strengthened 0.2% to 6.436 per dollar.The Japanese yen strengthened 0.2% to 109.28 per dollar.BondsThe yield on 10-year Treasuries fell two basis points to 1.64%.The yield on two-year Treasuries decreased less than one basis point to 0.15%.Germany’s 10-year yield declined one basis point to -0.13%.Japan’s 10-year yield dipped one basis point to 0.089%.Britain’s 10-year yield decreased three basis points to 0.866%.CommoditiesWest Texas Intermediate crude increased 1.1% to $64.54 a barrel.Brent crude climbed 1.2% to $67.86 a barrel.Gold strengthened 0.5% to $1,836.10 an ounce.","news_type":1},"isVote":1,"tweetType":1,"viewCount":266,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196396383,"gmtCreate":1621012091942,"gmtModify":1634194556652,"author":{"id":"3574157160058733","authorId":"3574157160058733","authorIdStr":"3574157160058733","name":"AWAKEJH","avatar":"https://static.tigerbbs.com/ea6e10c8465d768ba9679f3f87f9baea","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574157160058733"},"themes":[],"htmlText":"wow","listText":"wow","text":"wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/196396383","repostId":"2135710626","repostType":4,"repost":{"id":"2135710626","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":1620982380,"share":"https://www.laohu8.com/m/news/2135710626?lang=&edition=full","pubTime":"2021-05-14 16:53","market":"sh","language":"en","title":"Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.","url":"https://stock-news.laohu8.com/highlight/detail?id=2135710626","media":"Dow Jones","summary":"James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices. One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual","content":"<p>James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices</p><p>One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.</p><p>Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .</p><p>Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Chinese internet giant Tencent , and electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which the fund bought into in 2014.</p><p>Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.</p><p>In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.</p><p>\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"</p><p>Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>, which continues to grow after 35 years as a public company.</p><p>\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.</p><p>He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.</p><p>But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.</p><p>The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"</p><p>Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.</p><p>Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.</p><p>\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.</p><p>In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.</p><p>Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is <a href=\"https://laohu8.com/S/AONE\">one</a>)\" as well as a distinctive philosophy of business.</p><p>Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, Chinese EV player NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and European food-delivery group Delivery Hero.</p><p>\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"</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>Early Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.</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\">\nEarly Tesla backer and top fund manager attacks Warren Buffett's strategy. Here's his investing advice.\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-14 16:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>James Anderson says to forget value investing and be ready for stomach-churning swings in stock prices</p><p>One of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.</p><p>Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .</p><p>Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon <a href=\"https://laohu8.com/S/AMZN\">$(AMZN)$</a>, Chinese internet giant Tencent , and electric-car maker Tesla <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a>, which the fund bought into in 2014.</p><p>Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.</p><p>In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.</p><p>\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"</p><p>Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft <a href=\"https://laohu8.com/S/MSFT\">$(MSFT)$</a>, which continues to grow after 35 years as a public company.</p><p>\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.</p><p>He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.</p><p>But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.</p><p>The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"</p><p>Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.</p><p>Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.</p><p>\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.</p><p>In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.</p><p>Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is <a href=\"https://laohu8.com/S/AONE\">one</a>)\" as well as a distinctive philosophy of business.</p><p>Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group <a href=\"https://laohu8.com/S/ILMN\">Illumina</a> (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba <a href=\"https://laohu8.com/S/09988\">$(09988)$</a>, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna <a href=\"https://laohu8.com/S/MRNA\">$(MRNA)$</a>, Chinese EV player NIO <a href=\"https://laohu8.com/S/NIO\">$(NIO)$</a>, and European food-delivery group Delivery Hero.</p><p>\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF","TSLA":"特斯拉",".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2135710626","content_text":"James Anderson says to forget value investing and be ready for stomach-churning swings in stock pricesOne of the U.K.'s top fund managers and a trailblazing technology investor has criticized value investing and the obsession with short-term metrics, in a departing letter on Thursday. He said his greatest regret was not making bigger and bolder bets.Listen to experts and have faith in the forces of change, despite severe swings in stock prices, James Anderson said in his report with the annual results of Scottish Mortgage Investment Trust .Anderson will retire as a partner in asset manager Bailie Gifford and as joint manager of its Scottish Mortgage fund next April. The fund -- a FTSE 100 constituent with a market cap of more than GBP15 billion ($21 billion) -- has enjoyed remarkable gains over its history, marked by big, early bets on technology companies including online retailer Amazon $(AMZN)$, Chinese internet giant Tencent , and electric-car maker Tesla $(TSLA)$, which the fund bought into in 2014.Shares in Scottish Mortgage have fallen 9% so far in 2021, but the fund remains up near 60% in the past year.In a letter to shareholders, Anderson called the world of conventional asset management \"irretrievably broken,\" and took aim at \"value investing,\" the strategy famously espoused by investors like Ben Graham and Warren Buffett.\"The only rhyme is that in the long run the value of stocks is the long-run free cash flows they generate but we have but the barest and most nebulous clues as to what these cash flows will turn out to be,\" Anderson said. \"But woe betide those who think that a near-term price to earnings ratio defines value in an era of deep change.\"Since the emergence of digital technologies, \"sustained growth at extreme pace and with increasing returns to scale\" has become more evident, Anderson said. He pointed to tech giant Microsoft $(MSFT)$, which continues to grow after 35 years as a public company.\"Distraction through seeking minor opportunities in banal companies over short periods is the perennial temptation. It must be resisted,\" Anderson said.He described how the classic and careful investing approach of choosing a level of risk and return along a bell curve is flawed. It \"is neither accepting the deep uncertainty of the world nor acknowledging that the skew of returns is so extreme that it is the search for companies with the characteristics that might enable extreme and compounding success that is central to investing,\" he said.But faith is required in investing in high-growth opportunities, Anderson stressed, because share-price crashes happen regularly and are severe. \"The stock charts that look like remorseless bottom left to top right graphs are never as smooth and easy as they subsequently appear,\" he said.The fund manager also took a swipe at investors' obsession with short-term metrics -- what he called \"the near pornographic allure of news such as earnings announcements and macroeconomic headlines.\"Instead of following \"brokers and the media,\" Anderson advised listening to experts and scientists. Following expert advice on the advances in battery technology was behind Baillie Gifford's decision to invest in Tesla early, he said. At the time, Tesla was the only substantial Western player in electric vehicles, which the fund saw as an inevitable successor to conventional cars powered by internal combustion engines.Anderson also acknowledged the difficulties of measuring the value and profitability of future-focused endeavors. He cited Tesla's ambitions in autonomous vehicles, which the fund views as possibly transformative for the economics of the company -- despite not having any idea how successful it will be.\"To us it is bizarre that brokers, hedge fund mavens and commentators can claim to be able to decipher the future and assign a precise numerical target to the value of Tesla,\" he said.In his final annual results at Scottish Mortgage, Anderson pointed to renewable energy, synthetic biology, and the changing landscape in healthcare innovation as among the revolutionary forces ahead in the market.Describing what makes for a great investment, he cited Amazon and its founder Jeff Bezos as a model. \"The company should have open-ended growth opportunities that they should work hard never to define or time,\" he said, alongside \"initial leadership that thinks like a founder (and almost always is one)\" as well as a distinctive philosophy of business.Today, Scottish Mortgage's top 10 holdings, in order of portfolio weight, are Tencent, biotechnology-equipment group Illumina (ILMN), Dutch semiconductor industry supplier ASML (ASML.AE), Amazon, Tesla, Chinese e-commerce giant Alibaba $(09988)$, Chinese local services platform Meituan Dianping , U.S. biotech group Moderna $(MRNA)$, Chinese EV player NIO $(NIO)$, and European food-delivery group Delivery Hero.\"There's much that I have misunderstood and misjudged over the two decades,\" Anderson said, urging those that follow him to be eccentric, and to place trust in unreasonable people and propositions. \"My ever-growing conviction is that my greatest failing has been to be insufficiently radical.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":121,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":365989545,"gmtCreate":1614689238087,"gmtModify":1703479886932,"author":{"id":"3574157160058733","authorId":"3574157160058733","authorIdStr":"3574157160058733","name":"AWAKEJH","avatar":"https://static.tigerbbs.com/ea6e10c8465d768ba9679f3f87f9baea","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574157160058733"},"themes":[],"htmlText":"hmm ","listText":"hmm ","text":"hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/365989545","repostId":"1178558123","repostType":4,"repost":{"id":"1178558123","pubTimestamp":1614686592,"share":"https://www.laohu8.com/m/news/1178558123?lang=&edition=full","pubTime":"2021-03-02 20:03","market":"us","language":"en","title":"Roku announces up to $1B equity capital raise","url":"https://stock-news.laohu8.com/highlight/detail?id=1178558123","media":"seekingalpha","summary":"(March 2) Roku has signed anEquity Distribution Agreementwith Morgan Stanley, Citigroup Global Marke","content":"<p>(March 2) Roku has signed anEquity Distribution Agreementwith <a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, Citigroup Global Markets and Evercore Group as sales agents toissue up to $1B of Class A common stock.</p>\n<p>Net proceeds will be used for working capital and general corporate purposes, including sales and marketing activities, research and development activities, general and administrative matters, repayment of debt, other business opportunities and capital expenditures.</p>\n<p>The company may also use net proceeds to acquire or invest in businesses, products and technologies.</p>\n<p>Shares up 0.83% premarket.</p>\n<p>Roku shares climbed yesterday on astrategic alliance with Nielsen.</p>\n<p><img src=\"https://static.tigerbbs.com/12980bacdd3dcedecefb8713fd540e79\" tg-width=\"1064\" tg-height=\"499\"></p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nRoku announces up to $1B equity capital raise\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-02 20:03 GMT+8 <a href=https://seekingalpha.com/news/3668126-roku-announces-1b-equity-capital-raise><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(March 2) Roku has signed anEquity Distribution Agreementwith Morgan Stanley, Citigroup Global Markets and Evercore Group as sales agents toissue up to $1B of Class A common stock.\nNet proceeds will ...</p>\n\n<a href=\"https://seekingalpha.com/news/3668126-roku-announces-1b-equity-capital-raise\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ROKU":"Roku Inc"},"source_url":"https://seekingalpha.com/news/3668126-roku-announces-1b-equity-capital-raise","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1178558123","content_text":"(March 2) Roku has signed anEquity Distribution Agreementwith Morgan Stanley, Citigroup Global Markets and Evercore Group as sales agents toissue up to $1B of Class A common stock.\nNet proceeds will be used for working capital and general corporate purposes, including sales and marketing activities, research and development activities, general and administrative matters, repayment of debt, other business opportunities and capital expenditures.\nThe company may also use net proceeds to acquire or invest in businesses, products and technologies.\nShares up 0.83% premarket.\nRoku shares climbed yesterday on astrategic alliance with Nielsen.","news_type":1},"isVote":1,"tweetType":1,"viewCount":160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
