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Johnsonsyh
2021-06-16
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Johnsonsyh
2021-04-27
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Johnsonsyh
2021-04-19
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Johnsonsyh
2021-04-14
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Johnsonsyh
2021-04-13
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Can You Make Coin Investing In Coinbase?
Johnsonsyh
2021-04-12
Tesla Tesla fly
Tesla is on fire, but these EV-related stocks could end up just as hot
Johnsonsyh
2021-04-09
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2021-04-08
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Johnsonsyh
2021-04-07
$SOS Limited(SOS)$
let's fly tonight!
Johnsonsyh
2021-04-06
Spotify!
Better Buy: Spotify vs. AT&T
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22:02","market":"us","language":"en","title":"Can You Make Coin Investing In Coinbase?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194635432","media":"seekingalpha","summary":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the ","content":"<p><b>Summary</b></p><ul><li>Coinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.</li><li>With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.</li><li>Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.</li><li>Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.</li></ul><p>I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?</p><p>At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.</p><p><b>Fundamental Risks 1: The US Regulatory Landscape</b></p><p>The US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.</p><p>Coinbase has the 2nd smallest coin listings</p><p>Coin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.</p><p>Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.</p><p>SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)</p><p>In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.</p><p>XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.</p><p>Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.</p><p>Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.</p><p><img src=\"https://static.tigerbbs.com/5bf68da62452a794c5daaa60ac989840\" tg-width=\"554\" tg-height=\"576\" referrerpolicy=\"no-referrer\">Source: Table created by Author fromCoinMarketCap</p><p><b>Other Regulatory Risks</b></p><p>Regulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.</p><p>Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.</p><p>Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.</p><p><b>Fundamental Risk 2: Losing a Winner-Takes-All Market</b></p><p>There are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.</p><p>Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.</p><p>On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.</p><p>In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).</p><p>Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.</p><p>In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.</p><p><img src=\"https://static.tigerbbs.com/01ca6dafd2b567bd920c5e9f8edc8fbb\" tg-width=\"640\" tg-height=\"202\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Valuation</b></p><p>The tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.</p><p>Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.</p><p>Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.</p><p>Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.</p><p>Table 3:Coinbase's Revenue from 2016-2020<img src=\"https://static.tigerbbs.com/de8396c363230e04130e43f63d653956\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 4:Coinbase's Profit from 2016-2020<img src=\"https://static.tigerbbs.com/be2327ad800bd3524a3aaa57e3a0b17f\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 5:Coinbase's Historical Valuations<img src=\"https://static.tigerbbs.com/4b1fd86395ee1b0e38f1f6fd472f84bd\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Verdict</b></p><p>In my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.</p><p>The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.</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>Can You Make Coin Investing In Coinbase?</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\">\nCan You Make Coin Investing In Coinbase?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 22:02 GMT+8 <a href=https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194635432","content_text":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.Fundamental Risks 1: The US Regulatory LandscapeThe US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.Coinbase has the 2nd smallest coin listingsCoin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.Source: Table created by Author fromCoinMarketCapOther Regulatory RisksRegulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.Fundamental Risk 2: Losing a Winner-Takes-All MarketThere are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.Source:BusinessofAppsValuationThe tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.Table 3:Coinbase's Revenue from 2016-2020Source:BusinessofAppsTable 4:Coinbase's Profit from 2016-2020Source:BusinessofAppsTable 5:Coinbase's Historical ValuationsSource:BusinessofAppsVerdictIn my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342150916,"gmtCreate":1618192351335,"gmtModify":1634294521864,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Tesla Tesla fly","listText":"Tesla Tesla fly","text":"Tesla Tesla fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342150916","repostId":"2126032195","repostType":2,"repost":{"id":"2126032195","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618060680,"share":"https://www.laohu8.com/m/news/2126032195?lang=&edition=full","pubTime":"2021-04-10 21:18","market":"hk","language":"en","title":"Tesla is on fire, but these EV-related stocks could end up just as hot","url":"https://stock-news.laohu8.com/highlight/detail?id=2126032195","media":"Dow Jones","summary":"MW UPDATE: Tesla is on fire, but these EV-related stocks could end up just as hot\n\n\n By Philip van ","content":"<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Tesla is on fire, but these EV-related stocks could end up just as hot\n</p>\n<p>\n By Philip van Doorn \n</p>\n<p>\n There are many ways to play the electric-vehicle industry as it grows exponentially. \n</p>\n<p>\n Tesla's first-quarter delivery numbers settled the question of whether demand for electric vehicles would strengthen and reach critical mass. It has. \n</p>\n<p>\n Now the question for investors is how best to ride the long-term wave. \n</p>\n<p>\n Shares of Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> soared last year, but during 2021, volatility has been painful for shorter-term investors whose timing has been less than ideal. Here's a price chart from the end of 2019: \n</p>\n<p>\n That is an eye-pleasing chart, especially if you have been in the stock the whole time. But Tesla's shares fell 27% through April 1 from its intraday high Jan. 25. Then on April 5, the shares rose 4% following the company's report that it had delivered 184,800 electric vehicles during the first quarter . \n</p>\n<p>\n Tesla is an expensive stock. The shares trade for 147.5 times the consensus earnings estimate for the next 12 months, among analysts polled by FactSet. Among those 35 analysts, less than a third rate Tesla a \"buy\" or the equivalent, and their consensus 12-month price target of $658.26 is slightly below where the shares closed April 1. \n</p>\n<p>\n Tesla's biggest competitors in the EV space in the U.S. seem likely to be General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a>, Volkswagen AG and Ford Motor Co. <a href=\"https://laohu8.com/S/F\">$(F)$</a>, based on the companies' announced plans. \n</p>\n<p>\n But there are many other ways to play this long-term secular trend. Semiconductor manufacturers will continue to benefit from the growth of EVs and makers of all sorts of components. Here's a recent screen of semiconductor stocks . \n</p>\n<p>\n To come up with a broader list of EV and related stock plays that might have significant upside, we began by putting together a list of stocks held by <a href=\"https://laohu8.com/S/AONE\">one</a> or more of these ETFs: \n</p>\n<p>\n We looked at the holdings of three ETFs: \n</p>\n<p>\n Adding the three portfolios and removing duplicates produced a list of 175 stocks, with 76 listed in the U.S. \n</p>\n<p>\n Among those 175 stocks, 111 are covered by at least 10 analysts. It is good to have a large number of opinions factored-in -- if a company isn't widely covered by the brokerage industry, it might be overlooked by institutional investors (or paid by the few analysts who do cover it). \n</p>\n<p>\n Among the pared list of 111 stocks, here are the 20 with more than two-thirds \"buy\" or equivalent ratings, with the most implied upside potential for the next 12 months: \n</p>\n<p>\n Share prices and price targets in the table are in local currencies where the stocks or American depositary receipts are listed. \n</p>\n<p>\n As always, this type of list is only a start -- you should do your own research before investing in anything. For more information about a company, including business profiles, charts, price ratios, financials and news coverage, do a ticker search on the top-right of the MarketWatch page. \n</p>\n<p>\n Plug Power Inc. <a href=\"https://laohu8.com/S/PLUG\">$(PLUG)$</a> is the stock with the most aggressive price target, with analysts expecting a 75% gain over the next 12 months. The company provides hydrogen fuel-cell services. \n</p>\n<p>\n Second on the list is Baidu Inc. (K3SD.SG), with analysts expecting a 59% gain. The company is partnering with Geely Automobile Holdings Ltd. <a href=\"https://laohu8.com/S/00175\">$(00175)$</a>of Hong Kong to develop electric vehicles. \n</p>\n<p>\n Don't miss:This fund's 'long-short' stock strategy helps investors navigate rocky times \n</p>\n<p>\n -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n April 10, 2021 09:18 ET (13:18 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla is on fire, but these EV-related stocks could end up just as hot</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla is on fire, but these EV-related stocks could end up just as hot\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\">2021-04-10 21:18</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><body><font class=\"NormalMinus1\" face=\"Arial\">\n<p>\nMW UPDATE: Tesla is on fire, but these EV-related stocks could end up just as hot\n</p>\n<p>\n By Philip van Doorn \n</p>\n<p>\n There are many ways to play the electric-vehicle industry as it grows exponentially. \n</p>\n<p>\n Tesla's first-quarter delivery numbers settled the question of whether demand for electric vehicles would strengthen and reach critical mass. It has. \n</p>\n<p>\n Now the question for investors is how best to ride the long-term wave. \n</p>\n<p>\n Shares of Tesla Inc. <a href=\"https://laohu8.com/S/TSLA\">$(TSLA)$</a> soared last year, but during 2021, volatility has been painful for shorter-term investors whose timing has been less than ideal. Here's a price chart from the end of 2019: \n</p>\n<p>\n That is an eye-pleasing chart, especially if you have been in the stock the whole time. But Tesla's shares fell 27% through April 1 from its intraday high Jan. 25. Then on April 5, the shares rose 4% following the company's report that it had delivered 184,800 electric vehicles during the first quarter . \n</p>\n<p>\n Tesla is an expensive stock. The shares trade for 147.5 times the consensus earnings estimate for the next 12 months, among analysts polled by FactSet. Among those 35 analysts, less than a third rate Tesla a \"buy\" or the equivalent, and their consensus 12-month price target of $658.26 is slightly below where the shares closed April 1. \n</p>\n<p>\n Tesla's biggest competitors in the EV space in the U.S. seem likely to be General Motors Co. <a href=\"https://laohu8.com/S/GM\">$(GM)$</a>, Volkswagen AG and Ford Motor Co. <a href=\"https://laohu8.com/S/F\">$(F)$</a>, based on the companies' announced plans. \n</p>\n<p>\n But there are many other ways to play this long-term secular trend. Semiconductor manufacturers will continue to benefit from the growth of EVs and makers of all sorts of components. Here's a recent screen of semiconductor stocks . \n</p>\n<p>\n To come up with a broader list of EV and related stock plays that might have significant upside, we began by putting together a list of stocks held by <a href=\"https://laohu8.com/S/AONE\">one</a> or more of these ETFs: \n</p>\n<p>\n We looked at the holdings of three ETFs: \n</p>\n<p>\n Adding the three portfolios and removing duplicates produced a list of 175 stocks, with 76 listed in the U.S. \n</p>\n<p>\n Among those 175 stocks, 111 are covered by at least 10 analysts. It is good to have a large number of opinions factored-in -- if a company isn't widely covered by the brokerage industry, it might be overlooked by institutional investors (or paid by the few analysts who do cover it). \n</p>\n<p>\n Among the pared list of 111 stocks, here are the 20 with more than two-thirds \"buy\" or equivalent ratings, with the most implied upside potential for the next 12 months: \n</p>\n<p>\n Share prices and price targets in the table are in local currencies where the stocks or American depositary receipts are listed. \n</p>\n<p>\n As always, this type of list is only a start -- you should do your own research before investing in anything. For more information about a company, including business profiles, charts, price ratios, financials and news coverage, do a ticker search on the top-right of the MarketWatch page. \n</p>\n<p>\n Plug Power Inc. <a href=\"https://laohu8.com/S/PLUG\">$(PLUG)$</a> is the stock with the most aggressive price target, with analysts expecting a 75% gain over the next 12 months. The company provides hydrogen fuel-cell services. \n</p>\n<p>\n Second on the list is Baidu Inc. (K3SD.SG), with analysts expecting a 59% gain. The company is partnering with Geely Automobile Holdings Ltd. <a href=\"https://laohu8.com/S/00175\">$(00175)$</a>of Hong Kong to develop electric vehicles. \n</p>\n<p>\n Don't miss:This fund's 'long-short' stock strategy helps investors navigate rocky times \n</p>\n<p>\n -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n</p>\n<pre>\n \n</pre>\n<p>\n <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n April 10, 2021 09:18 ET (13:18 GMT)\n</p>\n<p>\n Copyright (c) 2021 Dow Jones & Company, Inc.\n</p>\n</font></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔","GOOG":"谷歌","PLUG":"普拉格能源","BIDU":"百度","TSLA":"特斯拉","GOOGL":"谷歌A"},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126032195","content_text":"MW UPDATE: Tesla is on fire, but these EV-related stocks could end up just as hot\n\n\n By Philip van Doorn \n\n\n There are many ways to play the electric-vehicle industry as it grows exponentially. \n\n\n Tesla's first-quarter delivery numbers settled the question of whether demand for electric vehicles would strengthen and reach critical mass. It has. \n\n\n Now the question for investors is how best to ride the long-term wave. \n\n\n Shares of Tesla Inc. $(TSLA)$ soared last year, but during 2021, volatility has been painful for shorter-term investors whose timing has been less than ideal. Here's a price chart from the end of 2019: \n\n\n That is an eye-pleasing chart, especially if you have been in the stock the whole time. But Tesla's shares fell 27% through April 1 from its intraday high Jan. 25. Then on April 5, the shares rose 4% following the company's report that it had delivered 184,800 electric vehicles during the first quarter . \n\n\n Tesla is an expensive stock. The shares trade for 147.5 times the consensus earnings estimate for the next 12 months, among analysts polled by FactSet. Among those 35 analysts, less than a third rate Tesla a \"buy\" or the equivalent, and their consensus 12-month price target of $658.26 is slightly below where the shares closed April 1. \n\n\n Tesla's biggest competitors in the EV space in the U.S. seem likely to be General Motors Co. $(GM)$, Volkswagen AG and Ford Motor Co. $(F)$, based on the companies' announced plans. \n\n\n But there are many other ways to play this long-term secular trend. Semiconductor manufacturers will continue to benefit from the growth of EVs and makers of all sorts of components. Here's a recent screen of semiconductor stocks . \n\n\n To come up with a broader list of EV and related stock plays that might have significant upside, we began by putting together a list of stocks held by one or more of these ETFs: \n\n\n We looked at the holdings of three ETFs: \n\n\n Adding the three portfolios and removing duplicates produced a list of 175 stocks, with 76 listed in the U.S. \n\n\n Among those 175 stocks, 111 are covered by at least 10 analysts. It is good to have a large number of opinions factored-in -- if a company isn't widely covered by the brokerage industry, it might be overlooked by institutional investors (or paid by the few analysts who do cover it). \n\n\n Among the pared list of 111 stocks, here are the 20 with more than two-thirds \"buy\" or equivalent ratings, with the most implied upside potential for the next 12 months: \n\n\n Share prices and price targets in the table are in local currencies where the stocks or American depositary receipts are listed. \n\n\n As always, this type of list is only a start -- you should do your own research before investing in anything. For more information about a company, including business profiles, charts, price ratios, financials and news coverage, do a ticker search on the top-right of the MarketWatch page. \n\n\n Plug Power Inc. $(PLUG)$ is the stock with the most aggressive price target, with analysts expecting a 75% gain over the next 12 months. The company provides hydrogen fuel-cell services. \n\n\n Second on the list is Baidu Inc. (K3SD.SG), with analysts expecting a 59% gain. The company is partnering with Geely Automobile Holdings Ltd. $(00175)$of Hong Kong to develop electric vehicles. \n\n\n Don't miss:This fund's 'long-short' stock strategy helps investors navigate rocky times \n\n\n -Philip van Doorn; 415-439-6400; AskNewswires@dowjones.com \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n April 10, 2021 09:18 ET (13:18 GMT)\n\n\n Copyright (c) 2021 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346056615,"gmtCreate":1617976504337,"gmtModify":1634295424640,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346056615","repostId":"2126080798","repostType":4,"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341748004,"gmtCreate":1617860869108,"gmtModify":1634296088194,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341748004","repostId":"1120785650","repostType":4,"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341119659,"gmtCreate":1617791785271,"gmtModify":1634296494343,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>let's fly tonight! ","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>let's fly tonight! ","text":"$SOS Limited(SOS)$let's fly tonight!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341119659","isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343256786,"gmtCreate":1617720331845,"gmtModify":1634296912526,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Spotify! ","listText":"Spotify! ","text":"Spotify!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343256786","repostId":"2125902177","repostType":4,"repost":{"id":"2125902177","kind":"highlight","pubTimestamp":1617719760,"share":"https://www.laohu8.com/m/news/2125902177?lang=&edition=full","pubTime":"2021-04-06 22:36","market":"us","language":"en","title":"Better Buy: Spotify vs. AT&T","url":"https://stock-news.laohu8.com/highlight/detail?id=2125902177","media":"Ryan Henderson","summary":"Forget past returns, the winning stock in this comparison looks better over the coming years.","content":"<p>Though <b>AT&T</b> (NYSE:T) and <b>Spotify Technology</b> (NYSE:SPOT) are two completely separate businesses, weighing opportunity costs between two companies can be quite useful as part of the decision-making process on a potential stock investment. While each company has its own management team, capital structure, and strategy, both are vying for shareholder dollars and have some similarities as well.</p><p>With that in mind, let's see which of these two companies is more deserving of an investment.</p><h2>The case for Spotify</h2><p>Spotify is the world's largest audio-streaming platform. It offers music streaming services to 345 million listeners globally and generated $9.3 billion in advertising and subscription revenues in 2020, up 16.5% from the year before. Since 2016, Spotify has increased its total number of monthly active users (MAUs) by 178%. But there's more for investors to consider than just revenue and user count.</p><p><img src=\"https://static.tigerbbs.com/871342cfae0e022f1557db3be0a017d8\" tg-width=\"700\" tg-height=\"484\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><p>Since Spotify doesn't own the music itself, it pays out royalties to the rights owners in order to license it. Royalty distributions eat up a large chunk out of Spotify's revenue, leaving the company with what most investors might deem a meager gross margin: 26.5%. Bear in mind though that while this number certainly looks low, it can change over time. </p><p>Over recent years, Spotify has made almost $1 billion worth of investments into the podcasting space. Podcasting not only brings in new sources of revenue but also introduces different economics as well. Podcasting distribution services like Anchor and Megaphone connect shows with sponsors and take a share of the ad spend for doing so. While the exact profit margins on the business are unknown, it's safe to assume that they're more favorable than Spotify's core music-streaming business. </p><p>Podcast listenership on Spotify is up 99% versus a year ago, yet the bulk of audio advertising spend it receives is still from linear radio. According to the website Inside Radio, roughly $15 billion was spent on radio advertising in the U.S. and Canada in 2020. Podcast ad spend, on the other hand, was less than $1 billion. As Spotify continues to optimize its ad insertion technology, it should be able to offer advertisers a more targeted experience compared to traditional radio.</p><p>As for its music streaming segment, as Spotify amasses a larger user base each year, its leverage with rights holders increases. Artists are opting to take lower distribution fees in exchange for promotion on Spotify's highly followed playlists. In short, owning the users is becoming more important than owning the music. </p><h2>The case for AT&T</h2><p>Founded in 1885, it's safe to say that telecommunications giant AT&T is at a much later stage of its business life cycle than Spotify. But just because it's older doesn't make it a worse investment. In 2020, AT&T generated $27.5 billion in free cash flow and paid out 55% of that FCF as dividends to its shareholders.</p><p>While AT&T's stock performance over the last five years has been poor, past performance doesn't necessarily reflect future returns. AT&T currently boasts a dividend yield of more than 6% and its stock only trades at a market cap of just under eight times its trailing-12-month free cash flow. </p><p>The main reason for this seemingly dirt-cheap valuation is the company's massive debt load. AT&T currently has $157 billion in total debt on its books with maturity dates extending out as far as 2097!</p><p>Though that total debt number seems like a large hurdle to overcome, the amount of leverage is trending in the right direction as management works to pay it down. Not only is total debt down 11% from 2018, but it's also worth remembering that AT&T consistently generates north of $25 billion in free cash flow per year, making paying that debt down over time very manageable. </p><p>In 2020, AT&T also replaced its CEO amid pressure from activist investors. For shareholders, this changing of the guard should hopefully mark a more conservative approach to capital allocation. </p><h2>Which is the better buy?</h2><p>Despite the improvements AT&T has made in recent years, Spotify appears to have greater stock price upside from here. The company continues to increase gross margin, and it projects to have more than 400 million users by the end of 2021. </p><p>Though the music industry moves quite slowly, Spotify's financials should soon begin to reflect its role as the premier platform for audio consumption globally. </p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Better Buy: Spotify vs. AT&T</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\">\nBetter Buy: Spotify vs. AT&T\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 22:36 GMT+8 <a href=https://www.fool.com/investing/2021/04/06/better-buy-spotify-vs-att/><strong>Ryan Henderson</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though AT&T (NYSE:T) and Spotify Technology (NYSE:SPOT) are two completely separate businesses, weighing opportunity costs between two companies can be quite useful as part of the decision-making ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/06/better-buy-spotify-vs-att/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"T":"美国电话电报","SPOT":"Spotify Technology S.A."},"source_url":"https://www.fool.com/investing/2021/04/06/better-buy-spotify-vs-att/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125902177","content_text":"Though AT&T (NYSE:T) and Spotify Technology (NYSE:SPOT) are two completely separate businesses, weighing opportunity costs between two companies can be quite useful as part of the decision-making process on a potential stock investment. While each company has its own management team, capital structure, and strategy, both are vying for shareholder dollars and have some similarities as well.With that in mind, let's see which of these two companies is more deserving of an investment.The case for SpotifySpotify is the world's largest audio-streaming platform. It offers music streaming services to 345 million listeners globally and generated $9.3 billion in advertising and subscription revenues in 2020, up 16.5% from the year before. Since 2016, Spotify has increased its total number of monthly active users (MAUs) by 178%. But there's more for investors to consider than just revenue and user count.Image source: Getty Images.Since Spotify doesn't own the music itself, it pays out royalties to the rights owners in order to license it. Royalty distributions eat up a large chunk out of Spotify's revenue, leaving the company with what most investors might deem a meager gross margin: 26.5%. Bear in mind though that while this number certainly looks low, it can change over time. Over recent years, Spotify has made almost $1 billion worth of investments into the podcasting space. Podcasting not only brings in new sources of revenue but also introduces different economics as well. Podcasting distribution services like Anchor and Megaphone connect shows with sponsors and take a share of the ad spend for doing so. While the exact profit margins on the business are unknown, it's safe to assume that they're more favorable than Spotify's core music-streaming business. Podcast listenership on Spotify is up 99% versus a year ago, yet the bulk of audio advertising spend it receives is still from linear radio. According to the website Inside Radio, roughly $15 billion was spent on radio advertising in the U.S. and Canada in 2020. Podcast ad spend, on the other hand, was less than $1 billion. As Spotify continues to optimize its ad insertion technology, it should be able to offer advertisers a more targeted experience compared to traditional radio.As for its music streaming segment, as Spotify amasses a larger user base each year, its leverage with rights holders increases. Artists are opting to take lower distribution fees in exchange for promotion on Spotify's highly followed playlists. In short, owning the users is becoming more important than owning the music. The case for AT&TFounded in 1885, it's safe to say that telecommunications giant AT&T is at a much later stage of its business life cycle than Spotify. But just because it's older doesn't make it a worse investment. In 2020, AT&T generated $27.5 billion in free cash flow and paid out 55% of that FCF as dividends to its shareholders.While AT&T's stock performance over the last five years has been poor, past performance doesn't necessarily reflect future returns. AT&T currently boasts a dividend yield of more than 6% and its stock only trades at a market cap of just under eight times its trailing-12-month free cash flow. The main reason for this seemingly dirt-cheap valuation is the company's massive debt load. AT&T currently has $157 billion in total debt on its books with maturity dates extending out as far as 2097!Though that total debt number seems like a large hurdle to overcome, the amount of leverage is trending in the right direction as management works to pay it down. Not only is total debt down 11% from 2018, but it's also worth remembering that AT&T consistently generates north of $25 billion in free cash flow per year, making paying that debt down over time very manageable. In 2020, AT&T also replaced its CEO amid pressure from activist investors. For shareholders, this changing of the guard should hopefully mark a more conservative approach to capital allocation. Which is the better buy?Despite the improvements AT&T has made in recent years, Spotify appears to have greater stock price upside from here. The company continues to increase gross margin, and it projects to have more than 400 million users by the end of 2021. Though the music industry moves quite slowly, Spotify's financials should soon begin to reflect its role as the premier platform for audio consumption globally.","news_type":1},"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":377178851,"gmtCreate":1619510793073,"gmtModify":1634212167233,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/377178851","repostId":"1186489598","repostType":4,"repost":{"id":"1186489598","kind":"news","pubTimestamp":1619510047,"share":"https://www.laohu8.com/m/news/1186489598?lang=&edition=full","pubTime":"2021-04-27 15:54","market":"us","language":"en","title":"UBS Takes Surprise $774 Million Hit From Archegos Meltdown","url":"https://stock-news.laohu8.com/highlight/detail?id=1186489598","media":"Yahoo","summary":"UBS Group AG posted a $774 million hit from the implosion of Archegos Capital Management and said it","content":"<p>UBS Group AG posted a $774 million hit from the implosion of Archegos Capital Management and said it plans to review its risk procedures after it joined Morgan Stanley in surprising investors over the size of the impact from the collapse of the U.S. family office.</p>\n<p>The loss helped drive a $554 million drop in revenue at the global markets business, overshadowing what would otherwise have been a surge from equity derivatives and cash equities. Even with the Archegos hit, UBS reported better-than-expected first quarter profit of $1.82 billion as wealth management income climbed.</p>\n<p>Switzerland’s largest bank had remained quiet on the collapse of Bill Hwang’s family office for weeks, even as its biggest rival, Credit Suisse Group AG, unveiled a $5.5 billion hit and Japan’s Nomura Holdings Inc. also warned of steep losses. While Goldman Sachs Group Inc., JPMorgan Chase & Co. and Wells Fargo all managed to limit or avoid hits, Morgan Stanley was criticized by some investors and analysts for revealing a $911 million loss during its earnings.</p>\n<p>UBS fell as much as 4% in early Zurich trading, leading European bank stocks lower.</p>\n<p>The “Archegos losses have taken the shine of these results,” JPMorgan analysts Kian Abouhossein and Amit Ranjan wrote in a note.</p>\n<p>The turmoil at Credit Suisse had afforded UBS Chief Executive Officer Ralph Hamers a period of relative calm, even as the bank fights a $4.5 billion penalty in France and the new CEO himself saw his short tenure complicated by a Dutch probe into his role in a money-laundering case at his former employer ING Groep NV. Hamers said UBS expects an additional $87 million trading loss in the second quarter from exiting its remaining Archegos exposure in April.</p>\n<p>“We are all clearly disappointed and are taking this very seriously,” the CEO said. “A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”</p>\n<p>Hamers, speaking in a Bloomberg Television interview, said that the bank would be seeking more transparency from family offices and other big clients at the wealth management division, though there are no plans to cut back the prime brokerage business as Credit Suisse plans to do. Some lenders were blindsided by the positions that Hwang had accumulated before the meltdown.</p>\n<p>The Archegos impact also overshadowed a strong quarter at the bank’s key wealth management business, where UBS benefited from higher average fee-generating assets and transaction fees, compensating for a decline in net interest income. The unit, led by Iqbal Khan and Tom Naratil, posted better-than-expected pretax profit of $1.41 billion, , the bank said in a statement on Tuesday. It gave a mixed outlook for the second quarter, warning of lower seasonal activity while saying higher asset prices should have a positive effect on recurring fee income.</p>\n<p>Momentum continued with $36 billion in net inflows comprised of fee-generating assets. UBS has decided to no longer report the broader metric of net new money, which includes idle deposits and custody assets. The bank issued $11 billion in net new loans in the first quarter, following a year of $26 billion in issuance leading the bank to meet its target early.</p>\n<p>Trading Impact</p>\n<p>At the investment bank, the Archegos hit drove down equities revenue by 20%, though it would have gained 48% excluding the hit. Fixed income trading declined about 37%.</p>\n<p>Hamers, six months into the job, is taking a deep look at where he can cut costs and digitalize operations, including in the high-touch business of serving the world’s wealthiest people. He wants to use artificial intelligence to target how to sell more products to the world’s wealthy and rethink what markets the bank operates in, with a heavy focus on Asia.</p>\n<p>The implementation of new initiatives are expected to provide $1 billion in gross saving per year by 2023. The bank will also take a restructuring charge of $300 million in the second quarter related to their implementation.</p>\n<p>As part of his digital plans, Hamers replaced the chief operating officer position with that of chief digital and information officer. UBS named Mike Dargan to that role, joining the group executive board on May 1, according to a separate statement. He has been head of group technology at the Zurich-based bank since joining in 2016.</p>\n<p>Highlights from UBS’s first-quarter earnings:</p>\n<p>Net income of $1.82b vs. estimate of $1.63bWealth management pretax profit of $1.4b vs $1.19b estimateAsset management pretax profit of $227m</p>","source":"lsy1584348713084","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>UBS Takes Surprise $774 Million Hit From Archegos Meltdown</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\">\nUBS Takes Surprise $774 Million Hit From Archegos Meltdown\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-27 15:54 GMT+8 <a href=https://finance.yahoo.com/news/ubs-takes-surprise-774-million-044533955.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>UBS Group AG posted a $774 million hit from the implosion of Archegos Capital Management and said it plans to review its risk procedures after it joined Morgan Stanley in surprising investors over the...</p>\n\n<a href=\"https://finance.yahoo.com/news/ubs-takes-surprise-774-million-044533955.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UBS":"瑞银"},"source_url":"https://finance.yahoo.com/news/ubs-takes-surprise-774-million-044533955.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186489598","content_text":"UBS Group AG posted a $774 million hit from the implosion of Archegos Capital Management and said it plans to review its risk procedures after it joined Morgan Stanley in surprising investors over the size of the impact from the collapse of the U.S. family office.\nThe loss helped drive a $554 million drop in revenue at the global markets business, overshadowing what would otherwise have been a surge from equity derivatives and cash equities. Even with the Archegos hit, UBS reported better-than-expected first quarter profit of $1.82 billion as wealth management income climbed.\nSwitzerland’s largest bank had remained quiet on the collapse of Bill Hwang’s family office for weeks, even as its biggest rival, Credit Suisse Group AG, unveiled a $5.5 billion hit and Japan’s Nomura Holdings Inc. also warned of steep losses. While Goldman Sachs Group Inc., JPMorgan Chase & Co. and Wells Fargo all managed to limit or avoid hits, Morgan Stanley was criticized by some investors and analysts for revealing a $911 million loss during its earnings.\nUBS fell as much as 4% in early Zurich trading, leading European bank stocks lower.\nThe “Archegos losses have taken the shine of these results,” JPMorgan analysts Kian Abouhossein and Amit Ranjan wrote in a note.\nThe turmoil at Credit Suisse had afforded UBS Chief Executive Officer Ralph Hamers a period of relative calm, even as the bank fights a $4.5 billion penalty in France and the new CEO himself saw his short tenure complicated by a Dutch probe into his role in a money-laundering case at his former employer ING Groep NV. Hamers said UBS expects an additional $87 million trading loss in the second quarter from exiting its remaining Archegos exposure in April.\n“We are all clearly disappointed and are taking this very seriously,” the CEO said. “A detailed review of our relevant risk management processes is underway and appropriate measures are being put in place to avoid such situations in the future.”\nHamers, speaking in a Bloomberg Television interview, said that the bank would be seeking more transparency from family offices and other big clients at the wealth management division, though there are no plans to cut back the prime brokerage business as Credit Suisse plans to do. Some lenders were blindsided by the positions that Hwang had accumulated before the meltdown.\nThe Archegos impact also overshadowed a strong quarter at the bank’s key wealth management business, where UBS benefited from higher average fee-generating assets and transaction fees, compensating for a decline in net interest income. The unit, led by Iqbal Khan and Tom Naratil, posted better-than-expected pretax profit of $1.41 billion, , the bank said in a statement on Tuesday. It gave a mixed outlook for the second quarter, warning of lower seasonal activity while saying higher asset prices should have a positive effect on recurring fee income.\nMomentum continued with $36 billion in net inflows comprised of fee-generating assets. UBS has decided to no longer report the broader metric of net new money, which includes idle deposits and custody assets. The bank issued $11 billion in net new loans in the first quarter, following a year of $26 billion in issuance leading the bank to meet its target early.\nTrading Impact\nAt the investment bank, the Archegos hit drove down equities revenue by 20%, though it would have gained 48% excluding the hit. Fixed income trading declined about 37%.\nHamers, six months into the job, is taking a deep look at where he can cut costs and digitalize operations, including in the high-touch business of serving the world’s wealthiest people. He wants to use artificial intelligence to target how to sell more products to the world’s wealthy and rethink what markets the bank operates in, with a heavy focus on Asia.\nThe implementation of new initiatives are expected to provide $1 billion in gross saving per year by 2023. The bank will also take a restructuring charge of $300 million in the second quarter related to their implementation.\nAs part of his digital plans, Hamers replaced the chief operating officer position with that of chief digital and information officer. UBS named Mike Dargan to that role, joining the group executive board on May 1, according to a separate statement. He has been head of group technology at the Zurich-based bank since joining in 2016.\nHighlights from UBS’s first-quarter earnings:\nNet income of $1.82b vs. estimate of $1.63bWealth management pretax profit of $1.4b vs $1.19b estimateAsset management pretax profit of $227m","news_type":1},"isVote":1,"tweetType":1,"viewCount":764,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169487892,"gmtCreate":1623847622516,"gmtModify":1634027172462,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/169487892","repostId":"1129059158","repostType":4,"isVote":1,"tweetType":1,"viewCount":364,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345166691,"gmtCreate":1618288894113,"gmtModify":1634293919592,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345166691","repostId":"1194635432","repostType":4,"repost":{"id":"1194635432","kind":"news","pubTimestamp":1618236146,"share":"https://www.laohu8.com/m/news/1194635432?lang=&edition=full","pubTime":"2021-04-12 22:02","market":"us","language":"en","title":"Can You Make Coin Investing In Coinbase?","url":"https://stock-news.laohu8.com/highlight/detail?id=1194635432","media":"seekingalpha","summary":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the ","content":"<p><b>Summary</b></p><ul><li>Coinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.</li><li>With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.</li><li>Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.</li><li>Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.</li></ul><p>I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?</p><p>At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.</p><p><b>Fundamental Risks 1: The US Regulatory Landscape</b></p><p>The US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.</p><p>Coinbase has the 2nd smallest coin listings</p><p>Coin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.</p><p>Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.</p><p>SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)</p><p>In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.</p><p>XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.</p><p>Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.</p><p>Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.</p><p><img src=\"https://static.tigerbbs.com/5bf68da62452a794c5daaa60ac989840\" tg-width=\"554\" tg-height=\"576\" referrerpolicy=\"no-referrer\">Source: Table created by Author fromCoinMarketCap</p><p><b>Other Regulatory Risks</b></p><p>Regulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.</p><p>Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.</p><p>Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.</p><p><b>Fundamental Risk 2: Losing a Winner-Takes-All Market</b></p><p>There are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.</p><p>Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.</p><p>On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.</p><p>In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).</p><p>Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.</p><p>In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.</p><p><img src=\"https://static.tigerbbs.com/01ca6dafd2b567bd920c5e9f8edc8fbb\" tg-width=\"640\" tg-height=\"202\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Valuation</b></p><p>The tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.</p><p>Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.</p><p>Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.</p><p>Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.</p><p>Table 3:Coinbase's Revenue from 2016-2020<img src=\"https://static.tigerbbs.com/de8396c363230e04130e43f63d653956\" tg-width=\"640\" tg-height=\"231\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 4:Coinbase's Profit from 2016-2020<img src=\"https://static.tigerbbs.com/be2327ad800bd3524a3aaa57e3a0b17f\" tg-width=\"640\" tg-height=\"208\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p>Table 5:Coinbase's Historical Valuations<img src=\"https://static.tigerbbs.com/4b1fd86395ee1b0e38f1f6fd472f84bd\" tg-width=\"640\" tg-height=\"159\" referrerpolicy=\"no-referrer\">Source:BusinessofApps</p><p><b>Verdict</b></p><p>In my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.</p><p>The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.</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>Can You Make Coin Investing In Coinbase?</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\">\nCan You Make Coin Investing In Coinbase?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 22:02 GMT+8 <a href=https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all ...</p>\n\n<a href=\"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/article/4416527-coinbase-path-to-moon-will-be-bumpy-one","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1194635432","content_text":"SummaryCoinbase's current valuation is unjustified due to 2 fundamental risks: the hostility of the US regulatory landscape towards centralized exchanges, and the widening gap in a winner-takes-all market.With coin listings being one of the core competitive advantages of an exchange, Coinbase has the 2nd smallest coin listings among the top 10 exchanges as a result of regulations.Widening gap between Coinbase (ranked 2nd) and Binance (ranked 1st) in terms of coin listings and trading volume is evidence of a winner-takes-all market, Coinbase is on the losing side.Marginal revenue growth, decline in profitability, and decline in the overall growth stock valuations further plague Coinbase's investment value proposition.I remember the early days of cryptocurrency when Binance andCoinbase (COIN) were competing for the top spot as an exchange. If you've traded cryptocurrencies in the US, you have probably used or heard ofCoinbase. Now thatCoinbase is going public, should you invest in the company?At first glance, this investment value proposition seemed compelling since the overall cryptocurrency industry is growing rapidly. However, I have found evidence of 2 fundamental risks toCoinbase's growth that could not justify its current valuation and could even undermine its future growth. Recentreportsmay also express agreement asCoinbase's IPO valuation dropped from $100bn to $68bn.Fundamental Risks 1: The US Regulatory LandscapeThe US regulatory landscape is not friendly to centralized exchanges in a way that massively dampenedCoinbase's competitive advantages, one of which is coin listings.Coinbase has the 2nd smallest coin listingsCoin listing is one of the most crucial criteria for a trader/investor when choosing an exchange. Traders/investors require a large number of coin listings to speculate on small-cap altcoins for 10x-100x return. The more coins listed, the more opportunities and choices. I personally use several exchanges for this very reason other than unique features such as staking and etc. The 6 exchanges I use are Binance, Crypto.com, KuCoin, Bkex, PoloniEx, and MXC Pro.Why do I use multiple exchanges? Let me illustrate via an example. KuCoin listed Orion(NYSE:ORN)in July 2020 at $1, about 2 months earlier than Binance in October 2020. I bought ORN through KuCoin on its first day at $1.1 and staked it at >20% APY interest. When Binance announced it was listing ORN, its priced spiked upwards. On ORN's first trading day on Binance, ORN's price spiked up as high as $4++ (it is a common occurrence for a token to spike when it is listed in a new exchange). I redeemed my ORN from staking and sold it at $3.60. This transaction earned me more than 300% return. Therefore, the more coins listed, the more opportunities I'll have to replicate this particular transaction to other small-cap altcoins.SinceCoinbase's coin listing is small, traders/investors like myself will find it difficult to find these kinds of opportunities. Furthermore, many of the largest-cap coins are not listed onCoinbase. This is one of the main reasons why I did not useCoinbase; I theorize that many traders/investors like myself feel that way. (Let me know in the comments.)In a recent lawsuit, a man claiming to beCoinbase's client capitalized on the legal battle between Ripple Labs’ battle and U.S. Securities and Exchange Commission (SEC), suedCoinbase for selling XRP tokens and sought compensations and other relief. According to CoinMarketCap.com, XRP is no longer listed onCoinbase. However, it is listed on more than500 other centralized exchanges(excluding decentralized exchanges) that are much smaller thanCoinbase outside the US.XRP is the 7th biggest cryptocurrency by market cap as of the time of writing. Many other top cryptocurrencies are also not found onCoinbase, such as BNB (ranked 3rd), ADA (ranked 4th), DOT (ranked 6th). Amongthe 10 highest-rated centralized exchanges(refer to Table 1), only Bitstamp (18) offers fewer cryptocurrencies thanCoinbase (49), while the market leader (Binance) ledCoinbase by 700% in coin listings.Since regulation can directly affect coin listings, a competitive advantage of an exchange,Coinbase already faces overwhelming challenges to compete on this front alone.Table 1: Top 10 Spot Exchange Ranked by CoinMarketCap Ratings.Source: Table created by Author fromCoinMarketCapOther Regulatory RisksRegulatory risks extend beyond coin listings and the US.Coinbase offers its services to52 countries. If any of the 52 countries ban crypto assets, its revenue would be adversely affected. It is not uncommon for centralized exchanges to relocate to another country due to regulations. While India isplotting a move to ban cryptocurrencies, many exchanges apply forlicenses to move out from India.Statistically speaking, 108 exchangesshut downin 2020, compared to 81 in 2019. At least 3 are shut down by government(s) in 2020, and at least 2 in 2019.Although it seems unlikely for the US to follow China's and India's footsteps to drastically ban crypto-assets now, regulatory risks remain major risks toCoinbase.Fundamental Risk 2: Losing a Winner-Takes-All MarketThere are 2 types of crypto exchanges: centralized and decentralized. Both have pros and cons. The best known centralized exchange is Binance, while the best known decentralized exchange is Uniswap. Although centralized exchanges may require a license by a governing body, decentralized exchanges might not, as decentralized exchanges can have avarying degree of centralized components. Both centralized and decentralized exchanges have their respective roles in the crypto ecosystem, hence I think that both are here to stay.Many of the decentralized exchange source codes are open source (full listshere). In other words, virtually anyone can develop and host a decentralized exchange. This implies a shallow barrier to entry. Uniswap is the market leader in the decentralized exchange space. Itrecordedmore than $58bn volume in 2020, up 15,000% from 2019. Note that Uniswap wasfirst launchedin November 2018, compared toCoinbase in 2012.On the other hand, Binance, the market leader in the centralized exchange space, recorded a total of$1.417 trillion spot trading volume in 2020, an increase of 36% from 2019. This figure does not even include other trading volumes, such as options, futures, margin, and other services, which amounted to $1.7 trillion, a 2800% increase from 2019.In comparison,Coinbase only recorded $445bn total trading volume in 2020, a 39% increase in 2019. This is evidence that the market leader is pulling away, implying a winner-takes-all market. This becomes evident by referring to Table 1, where the market leader has more than 10 times the trading value than the 2nd place (Coinbase).Furthermore, many traditional financial, non-financial international corporations and fintech companies are also participating in the competition. One of the latest addition is ApplePay.ApplePaynow has official support for cryptocurrencies, with GooglePay and SamsungPay to follow suit. Other note-worthy companies include Square, Paypal, and Visa.In my opinion,Coinbase looks to be on the losing side if this market is indeed a winner-takes-all market. Further,Coinbase could be losing market more market share as more competition arises.Source:BusinessofAppsValuationThe tables below showed thatCoinbase's profit margin is healthy at 28% in 2020. Revenue growth rate compounds at approximately 7% annually from 2017-2020, but profits declined.Coinbase's valuation in 2017 remains the most attractive, at 1.725 P/S (Price-to-Sales ratio) and 4.21 P/E (Price-to-Earnings ratio). Earlier this month,Coinbase's IPO valuation is pegged at$100bn. However, recent reports indicated a decrease inCoinbase's IPO valuation to$68bn.At a valuation of $100bn and $68bn,Coinbase is valued at approximately 333 P/E and 211 P/E respectively, or approximately 87.7 P/S and 59.65 P/S respectively.Coinbase's valuation in 2020 is a far cry from 2017. Perhaps,Coinbase is pushing for its IPO to cash in on the overall stock market's high valuation.Nevertheless, considering the 2 fundamental risks outlined above, marginal revenue growth and declined profits,Coinbase is overvalued at the current valuation in my opinion. The current decline in growth stocks further deterioratesCoinbase's investment value proposition.Table 3:Coinbase's Revenue from 2016-2020Source:BusinessofAppsTable 4:Coinbase's Profit from 2016-2020Source:BusinessofAppsTable 5:Coinbase's Historical ValuationsSource:BusinessofAppsVerdictIn my opinion, the current valuation ofCoinbase couldn't be justified even though the crypto industry is growing rapidly in general. This is down toCoinbase's 2 fundamental risks outlined in this article, marginal growth, sky-high valuation, and the decline in the growth stocks.The reason I retain a neutral outlook onCoinbase is the overall outlook of the industry. On the other hand, we can participate in Binance, the market leader in the centralized exchange space, to maximize investment growth. Although Binance is not publicly traded, we can participate in its growth by buying its platform token (BNB).Binance uses part of its profitsto buy back its platform token (BNB)periodically. This results in a gradual increase in its token's price, a similar effect of shares buyback. Hence, I participate in Binance's growth by buying BNB, which saw a 670% YTD return.","news_type":1},"isVote":1,"tweetType":1,"viewCount":621,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341119659,"gmtCreate":1617791785271,"gmtModify":1634296494343,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>let's fly tonight! ","listText":"<a href=\"https://laohu8.com/S/SOS\">$SOS Limited(SOS)$</a>let's fly tonight! ","text":"$SOS Limited(SOS)$let's fly tonight!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341119659","isVote":1,"tweetType":1,"viewCount":365,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341748004,"gmtCreate":1617860869108,"gmtModify":1634296088194,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341748004","repostId":"1120785650","repostType":4,"isVote":1,"tweetType":1,"viewCount":638,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343256786,"gmtCreate":1617720331845,"gmtModify":1634296912526,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Spotify! ","listText":"Spotify! ","text":"Spotify!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/343256786","repostId":"2125902177","repostType":4,"isVote":1,"tweetType":1,"viewCount":452,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373082937,"gmtCreate":1618802832229,"gmtModify":1634290813082,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/373082937","repostId":"1182497750","repostType":2,"repost":{"id":"1182497750","kind":"news","pubTimestamp":1618794396,"share":"https://www.laohu8.com/m/news/1182497750?lang=&edition=full","pubTime":"2021-04-19 09:06","market":"us","language":"en","title":"Bitcoin plunged to $50K overnight. Here's why","url":"https://stock-news.laohu8.com/highlight/detail?id=1182497750","media":"seekingalpha","summary":"Cruising along north of $60K for the past few days, bitcoin (BTC-USD) last night tumbled to just abo","content":"<p>Cruising along north of $60K for the past few days, bitcoin (BTC-USD) last night tumbled to just above $52K inthe space of a few minutes. Some exchanges printed lows of around $50K. The move dragged down about the whole crypto sector, including popular names like Ether (ETH-USD), Binance Coin (BNB-USD), and Filecoin (FIL-USD).</p>\n<p>Likely the number one reason for the plunge was a bit too much frothinesssurrounding last week'sCoinbase(NASDAQ:COIN)IPO, which had helped send bitcoin to a new record high just shy of $65K. Alongside, Dogecoin (DOGE-USD) - for example - rose above $0.40 - it had been trading at a fraction of a penny not long ago. The Dogecoin frenzyapparently crashedRobinhood's crypto trading on Friday.</p>\n<p>As for specific news, a wholly unverified and unlikely to be truerumor shot around Twitterthat the Treasury was looking into charging several financial institutions with using cryptocurrencies for money laundering.</p>\n<p>Others are blaming the move ona near-50% decline in the Bitcoin Hash Ratethanks to power outages in China. The hash rate is the measuring unit of the processing power of the Bitcoin network, and generally speaking, the higher, the better.</p>\n<p>Bitcoin has recovered modestly, now trading at $54K.</p>\n<p>Speaking of frothiness,Greenlight's David Einhorn last week ruminated on \"quasi-anarchy\" ruling the markets.</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>Bitcoin plunged to $50K overnight. Here's why</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\">\nBitcoin plunged to $50K overnight. Here's why\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-19 09:06 GMT+8 <a href=https://seekingalpha.com/news/3682771-bitcoin-plunged-to-50k-overnight-heres-why><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cruising along north of $60K for the past few days, bitcoin (BTC-USD) last night tumbled to just above $52K inthe space of a few minutes. Some exchanges printed lows of around $50K. The move dragged ...</p>\n\n<a href=\"https://seekingalpha.com/news/3682771-bitcoin-plunged-to-50k-overnight-heres-why\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","SQ":"Block","PYPL":"PayPal","COIN":"Coinbase Global, Inc."},"source_url":"https://seekingalpha.com/news/3682771-bitcoin-plunged-to-50k-overnight-heres-why","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1182497750","content_text":"Cruising along north of $60K for the past few days, bitcoin (BTC-USD) last night tumbled to just above $52K inthe space of a few minutes. Some exchanges printed lows of around $50K. The move dragged down about the whole crypto sector, including popular names like Ether (ETH-USD), Binance Coin (BNB-USD), and Filecoin (FIL-USD).\nLikely the number one reason for the plunge was a bit too much frothinesssurrounding last week'sCoinbase(NASDAQ:COIN)IPO, which had helped send bitcoin to a new record high just shy of $65K. Alongside, Dogecoin (DOGE-USD) - for example - rose above $0.40 - it had been trading at a fraction of a penny not long ago. The Dogecoin frenzyapparently crashedRobinhood's crypto trading on Friday.\nAs for specific news, a wholly unverified and unlikely to be truerumor shot around Twitterthat the Treasury was looking into charging several financial institutions with using cryptocurrencies for money laundering.\nOthers are blaming the move ona near-50% decline in the Bitcoin Hash Ratethanks to power outages in China. The hash rate is the measuring unit of the processing power of the Bitcoin network, and generally speaking, the higher, the better.\nBitcoin has recovered modestly, now trading at $54K.\nSpeaking of frothiness,Greenlight's David Einhorn last week ruminated on \"quasi-anarchy\" ruling the markets.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344802906,"gmtCreate":1618392547205,"gmtModify":1634293269581,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344802906","repostId":"2127302804","repostType":4,"repost":{"id":"2127302804","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1618388521,"share":"https://www.laohu8.com/m/news/2127302804?lang=&edition=full","pubTime":"2021-04-14 16:22","market":"us","language":"en","title":"5 Stocks To Watch For April 14, 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2127302804","media":"Benzinga","summary":"Some of the stocks that may grab investor focus today are:","content":"<p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects <b> JPMorgan Chase & Co.</b> (NYSE:JPM) to report quarterly earnings of $3.10 per share on revenue of $30.52 billion before the opening bell. JPMorgan shares fell 0.2% to $153.82 in after-hours trading.</li><li><b><a href=\"https://laohu8.com/S/TEAM\">Atlassian Corporation PLC</a></b> (NASDAQ:TEAM) reported strong preliminary sales results for the third quarter. The company said it sees preliminary Q3 sales of $566 million to $572 million, versus analysts’ estimates of $487.49 million. Atlassian shares gained 2.4% to $248.00 in the after-hours trading session.</li><li>Analysts are expecting <b> Goldman Sachs Group Inc</b> (NYSE:GS) to have earned $10.22 per share on revenue of $12.61 billion for the latest quarter. The bank will release earnings before the markets open. Goldman Sachs shares rose 0.1% to $328.01 in after-hours trading.</li></ul><ul><li><b>Bruker Corporation</b> (NASDAQ:BRKR) reported strong preliminary revenue for its first quarter. The company posted preliminary sales of $549 million to $554 million, versus analysts’ expectations of $506.86 million. Bruker shares gained 3.3% to $71.23 in the after-hours trading session.</li><li>Analysts expect <b> Wells Fargo & Co</b> (NYSE:WFC) to report quarterly earnings at $0.70 per share on revenue of $17.50 billion before the opening bell. Wells Fargo shares slipped 0.1% to $39.75 in after-hours trading.</li></ul>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>5 Stocks To Watch For April 14, 2021</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\">\n5 Stocks To Watch For April 14, 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-14 16:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Some of the stocks that may grab investor focus today are:</p><ul><li>Wall Street expects <b> JPMorgan Chase & Co.</b> (NYSE:JPM) to report quarterly earnings of $3.10 per share on revenue of $30.52 billion before the opening bell. JPMorgan shares fell 0.2% to $153.82 in after-hours trading.</li><li><b><a href=\"https://laohu8.com/S/TEAM\">Atlassian Corporation PLC</a></b> (NASDAQ:TEAM) reported strong preliminary sales results for the third quarter. The company said it sees preliminary Q3 sales of $566 million to $572 million, versus analysts’ estimates of $487.49 million. Atlassian shares gained 2.4% to $248.00 in the after-hours trading session.</li><li>Analysts are expecting <b> Goldman Sachs Group Inc</b> (NYSE:GS) to have earned $10.22 per share on revenue of $12.61 billion for the latest quarter. The bank will release earnings before the markets open. Goldman Sachs shares rose 0.1% to $328.01 in after-hours trading.</li></ul><ul><li><b>Bruker Corporation</b> (NASDAQ:BRKR) reported strong preliminary revenue for its first quarter. The company posted preliminary sales of $549 million to $554 million, versus analysts’ expectations of $506.86 million. Bruker shares gained 3.3% to $71.23 in the after-hours trading session.</li><li>Analysts expect <b> Wells Fargo & Co</b> (NYSE:WFC) to report quarterly earnings at $0.70 per share on revenue of $17.50 billion before the opening bell. Wells Fargo shares slipped 0.1% to $39.75 in after-hours trading.</li></ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TEAM":"Atlassian Corporation PLC","BRKR":"布鲁克","GS":"高盛","WFC":"富国银行","JPM":"摩根大通"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2127302804","content_text":"Some of the stocks that may grab investor focus today are:Wall Street expects JPMorgan Chase & Co. (NYSE:JPM) to report quarterly earnings of $3.10 per share on revenue of $30.52 billion before the opening bell. JPMorgan shares fell 0.2% to $153.82 in after-hours trading.Atlassian Corporation PLC (NASDAQ:TEAM) reported strong preliminary sales results for the third quarter. The company said it sees preliminary Q3 sales of $566 million to $572 million, versus analysts’ estimates of $487.49 million. Atlassian shares gained 2.4% to $248.00 in the after-hours trading session.Analysts are expecting Goldman Sachs Group Inc (NYSE:GS) to have earned $10.22 per share on revenue of $12.61 billion for the latest quarter. The bank will release earnings before the markets open. Goldman Sachs shares rose 0.1% to $328.01 in after-hours trading.Bruker Corporation (NASDAQ:BRKR) reported strong preliminary revenue for its first quarter. The company posted preliminary sales of $549 million to $554 million, versus analysts’ expectations of $506.86 million. Bruker shares gained 3.3% to $71.23 in the after-hours trading session.Analysts expect Wells Fargo & Co (NYSE:WFC) to report quarterly earnings at $0.70 per share on revenue of $17.50 billion before the opening bell. Wells Fargo shares slipped 0.1% to $39.75 in after-hours trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":401,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342150916,"gmtCreate":1618192351335,"gmtModify":1634294521864,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Tesla Tesla fly","listText":"Tesla Tesla fly","text":"Tesla Tesla fly","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/342150916","repostId":"2126032195","repostType":2,"isVote":1,"tweetType":1,"viewCount":501,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346056615,"gmtCreate":1617976504337,"gmtModify":1634295424640,"author":{"id":"3575453016949109","authorId":"3575453016949109","name":"Johnsonsyh","avatar":"https://static.tigerbbs.com/2cf06fe1ae8e7c3f4904858acd414564","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575453016949109","authorIdStr":"3575453016949109"},"themes":[],"htmlText":"Nice ","listText":"Nice ","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346056615","repostId":"2126080798","repostType":4,"repost":{"id":"2126080798","kind":"highlight","pubTimestamp":1617975840,"share":"https://www.laohu8.com/m/news/2126080798?lang=&edition=full","pubTime":"2021-04-09 21:44","market":"us","language":"en","title":"Did fuboTV Just Bottom Out?","url":"https://stock-news.laohu8.com/highlight/detail?id=2126080798","media":"Rick Munarriz","summary":"The sports-first live-TV streaming service strikes an exclusive World Cup qualifying match deal just moments after hitting its lowest level of the year. It's always darkest before the dawn.","content":"<p>Shares of <b>fuboTV</b> (NYSE:FUBO) finally caught a break on Thursday afternoon. The sports-first live-TV streaming service announced that it had acquired the exclusive live streaming rights to the qualifying matches of the South American Football Confederation for the Qatar World Cup 2022. The top four teams from those matches will move on in pursuit of soccer's World Cup in the summer of next year. </p><p>FuboTV will be at the mercy of larger channel partners to stream other qualifying matches, but nailing a streaming exclusive in a prolific continental federation is a pretty big deal. Terms of the deal weren't announced, but it's interesting to see a small player like fuboTV cement its \"sports-first\" status with unique access to important soccer games. The stock was trading 7% higher in after-hours trading following the news. </p><p><img src=\"https://static.tigerbbs.com/4581800ad47286041e418d32e100efef\" tg-width=\"700\" tg-height=\"492\" referrerpolicy=\"no-referrer\"></p><p>Image source: Getty Images.</p><h2>Corner kick</h2><p>It's fitting enough that fuboTV would strike an exclusive deal to cover roughly 70 confederation games that will take place between June and early next year. The streaming service was originally launched as a way to catch legal soccer matches.</p><p>It's also fair that this is the event that could mark a near-term turnaround for the stock. Shares of fuboTV traded as low as $20.26 on Thursday, its lowest price point since mid-November. How you view Thursday's new low depends a lot on your starting line. The stock has nearly doubled since hitting the market six months ago, and that's good. fuboTV shares have surrendered roughly two-thirds of their pre-holiday peak in mid-December, and that's either bad, or a dinner bell.</p><p>In terms of fundamentals fuboTV has more than exceeded growth expectations in its brief tenure as a publicly traded investment. Pro forma revenue rose 71% for the third quarter it reported in November, its first since its IPO in early October. It followed that up with another better-than-expected 98% top-line pop for the fourth quarter. Guidance issued earlier this year for the quarter that ended last week sees growth continuing to accelerate with its forecast of 98% to 102% year-over-year revenue growth.</p><p>Drawing a crowd hasn't been a problem. The 547,880 paid subscribers it had at end of 2020 were 73% more than the accounts it had on its books a year earlier. Viewers are engaged, averaging more than four hours of daily streaming. Marketers love fuboTV's engaged audience. Ad revenue per user has roughly tripled over the past two years, up to an average of $8.47 a month. Total revenue per user has risen 17% over the past year to $69.19, fueled by the increase in ad revenue as well as a 13% increase in subscription rates paid. </p><p>Some naysayers say fuboTV can't compete with the tech giants and media stocks it competes with in this growing niche, but are any of them going to see revenue roughly double in the first quarter? Are any of fuboTV's rivals generating nearly $8.50 a month per user in ad revenue? </p><p>This week's soccer deal is a strong statement. It's going to make fuboTV the default platform for soccer fans, but it's also a wake-up call to bears who figured a small player with a niche audience couldn't justify striking exclusive content deals. fuboTV may be unloved at the moment, but it keeps kicking the ball past the goalie. </p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Did fuboTV Just Bottom Out?</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\">\nDid fuboTV Just Bottom Out?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 21:44 GMT+8 <a href=https://www.fool.com/investing/2021/04/09/did-fubotv-just-bottom-out/><strong>Rick Munarriz</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of fuboTV (NYSE:FUBO) finally caught a break on Thursday afternoon. The sports-first live-TV streaming service announced that it had acquired the exclusive live streaming rights to the ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/09/did-fubotv-just-bottom-out/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"FUBO":"fuboTV Inc."},"source_url":"https://www.fool.com/investing/2021/04/09/did-fubotv-just-bottom-out/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2126080798","content_text":"Shares of fuboTV (NYSE:FUBO) finally caught a break on Thursday afternoon. The sports-first live-TV streaming service announced that it had acquired the exclusive live streaming rights to the qualifying matches of the South American Football Confederation for the Qatar World Cup 2022. The top four teams from those matches will move on in pursuit of soccer's World Cup in the summer of next year. FuboTV will be at the mercy of larger channel partners to stream other qualifying matches, but nailing a streaming exclusive in a prolific continental federation is a pretty big deal. Terms of the deal weren't announced, but it's interesting to see a small player like fuboTV cement its \"sports-first\" status with unique access to important soccer games. The stock was trading 7% higher in after-hours trading following the news. Image source: Getty Images.Corner kickIt's fitting enough that fuboTV would strike an exclusive deal to cover roughly 70 confederation games that will take place between June and early next year. The streaming service was originally launched as a way to catch legal soccer matches.It's also fair that this is the event that could mark a near-term turnaround for the stock. Shares of fuboTV traded as low as $20.26 on Thursday, its lowest price point since mid-November. How you view Thursday's new low depends a lot on your starting line. The stock has nearly doubled since hitting the market six months ago, and that's good. fuboTV shares have surrendered roughly two-thirds of their pre-holiday peak in mid-December, and that's either bad, or a dinner bell.In terms of fundamentals fuboTV has more than exceeded growth expectations in its brief tenure as a publicly traded investment. Pro forma revenue rose 71% for the third quarter it reported in November, its first since its IPO in early October. It followed that up with another better-than-expected 98% top-line pop for the fourth quarter. Guidance issued earlier this year for the quarter that ended last week sees growth continuing to accelerate with its forecast of 98% to 102% year-over-year revenue growth.Drawing a crowd hasn't been a problem. The 547,880 paid subscribers it had at end of 2020 were 73% more than the accounts it had on its books a year earlier. Viewers are engaged, averaging more than four hours of daily streaming. Marketers love fuboTV's engaged audience. Ad revenue per user has roughly tripled over the past two years, up to an average of $8.47 a month. Total revenue per user has risen 17% over the past year to $69.19, fueled by the increase in ad revenue as well as a 13% increase in subscription rates paid. Some naysayers say fuboTV can't compete with the tech giants and media stocks it competes with in this growing niche, but are any of them going to see revenue roughly double in the first quarter? Are any of fuboTV's rivals generating nearly $8.50 a month per user in ad revenue? This week's soccer deal is a strong statement. It's going to make fuboTV the default platform for soccer fans, but it's also a wake-up call to bears who figured a small player with a niche audience couldn't justify striking exclusive content deals. fuboTV may be unloved at the moment, but it keeps kicking the ball past the goalie.","news_type":1},"isVote":1,"tweetType":1,"viewCount":529,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}