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Ucraz

Ucraz

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4主题

0勋章

2021-06-21

More letters for tiger anniversary

2021-06-20

More letters!

2021-06-18

More letters!

2021-06-17

More letters for tiger event pls

2021-06-16

All pls join the the tiger event

2021-06-15

Hope all huat in the tiger event

2021-06-10

$Histogenics(OCGN)$ What did i say earlier? Fast bucks!

2021-06-10

$Histogenics(OCGN)$ just means a bit longer for a full approval. Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then

2021-06-09

Apes tgt strong!

Newest Meme Stocks Extend Gains as Craze Shows No Sign of Fading

2021-05-26

Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV

Toplines Before US Market Open on Tuesday

2021-05-23

Crossroads now?

2021-05-18

$Tiger Brokers(TIGR)$yummy

2021-05-17

Go go go

2021-04-01

Diamond hands?

Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’

2021-03-31

Will wait patiently for this

Coursera: The Education Disruptor Goes Public

2021-02-15

Bookmarking for later tracking

Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch

2021-02-15

While many still adopting a wait n see

Not Just Tesla: Why Big Companies are Buying into Crypto-Mania

2021-02-11

Nice rebound

2021-02-11

Any views on this stk?

2021-02-11

Asian bosses cant live with the idea of wfh

Cisco faces uncertainties as many continue to work from home

去老虎APP查看更多动态

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Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>&nbsp;just means a bit longer for a full approval. Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then","text":"$Histogenics(OCGN)$ just means a bit longer for a full approval. Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183604895","isVote":1,"tweetType":1,"viewCount":961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189999718,"gmtCreate":1623237679034,"gmtModify":1634035514219,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Apes tgt strong!&nbsp;","listText":"Apes tgt strong!&nbsp;","text":"Apes tgt strong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189999718","repostId":"2142521367","repostType":2,"repost":{"id":"2142521367","kind":"news","pubTimestamp":1623237285,"share":"https://www.laohu8.com/m/news/2142521367?lang=&edition=full","pubTime":"2021-06-09 19:14","market":"us","language":"en","title":"Newest Meme Stocks Extend Gains as Craze Shows No Sign of Fading","url":"https://stock-news.laohu8.com/highlight/detail?id=2142521367","media":"Bloomberg","summary":"ContextLogic, Clover Health surge in premarket trading\nWendy’s brushes aside Stifel downgrade to pos","content":"<ul>\n <li>ContextLogic, Clover Health surge in premarket trading</li>\n <li>Wendy’s brushes aside Stifel downgrade to post further advance</li>\n</ul>\n<p>The newest additions to the meme-stock frenzy surged in premarket trading as retail traders latched on to their latest favorites.</p>\n<p>ContextLogic Inc.soared 32% andClover Health Investments Corp.rose 17% as of 6:30 a.m. in New York, both extending huge gains on Tuesday. Fast-food restaurant chainWendy’s Inc.edged higher, extending Tuesday’s 26% advance and brushing aside a downgrade from Stifel.</p>\n<p><img src=\"https://static.tigerbbs.com/52b64a1e02f59fce44926b69967d1803\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\">There’s no sign of the meme-stock craze slowing as members of Reddit’s WallStreetBets forum egg on retail traders to take on professional short sellers. The U.S. Securities and Exchange Commissionsaid this weekit’s scrutinizing markets for signs of manipulation as the likes of AMC Entertainment Holdings Inc. continue to surge. GameStop Inc, which started the craze in January, reports first-quarter results after Wednesday’s close.</p>\n<p>GameStopResults Barely Matter AfterReddit-Fueled 1,490% Surge</p>\n<p>Gains for ContextLogic, the operator of discount online retailer Wish.com, follow discussion of a potential short squeeze on the WallStreetBets forum. Clover Health, a health insurer backed by venture capitalist Chamath Palihapitiya, is in demand after retail traders realized that short sellers had been swelling their bets against the stock.</p>\n<p>Chatter has built on WallStreetBets this week on the potential for short squeezes, following similar successful ploys on meme stocks including Workhorse Group Inc. and Richard Branson’s space exploration company Virgin Galactic Holdings Inc. Workhorse shares are up 13% in premarket trading, with otherso-called meme stocksalso gaining.</p>\n<p>Wendy’s was downgraded to hold from buy at Stifel, which said the stock’s valuation now fully reflects the growth it had been assuming to reach its target price of $25. Analyst Chris O’Cull said in a note that he’s still “constructive toward the company’s fundamental outlook.”</p>\n<p></p>\n<p></p>","source":"lsy1584095487587","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>Newest Meme Stocks Extend Gains as Craze Shows No Sign of Fading</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\">\nNewest Meme Stocks Extend Gains as Craze Shows No Sign of Fading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 19:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic, Clover Health surge in premarket trading\nWendy’s brushes aside Stifel downgrade to post further advance\n\nThe newest additions to the meme-stock frenzy surged in premarket trading as ...</p>\n\n<a href=\"https://www.bloomberg.com/asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc."},"source_url":"https://www.bloomberg.com/asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142521367","content_text":"ContextLogic, Clover Health surge in premarket trading\nWendy’s brushes aside Stifel downgrade to post further advance\n\nThe newest additions to the meme-stock frenzy surged in premarket trading as retail traders latched on to their latest favorites.\nContextLogic Inc.soared 32% andClover Health Investments Corp.rose 17% as of 6:30 a.m. in New York, both extending huge gains on Tuesday. Fast-food restaurant chainWendy’s Inc.edged higher, extending Tuesday’s 26% advance and brushing aside a downgrade from Stifel.\nThere’s no sign of the meme-stock craze slowing as members of Reddit’s WallStreetBets forum egg on retail traders to take on professional short sellers. The U.S. Securities and Exchange Commissionsaid this weekit’s scrutinizing markets for signs of manipulation as the likes of AMC Entertainment Holdings Inc. continue to surge. GameStop Inc, which started the craze in January, reports first-quarter results after Wednesday’s close.\nGameStopResults Barely Matter AfterReddit-Fueled 1,490% Surge\nGains for ContextLogic, the operator of discount online retailer Wish.com, follow discussion of a potential short squeeze on the WallStreetBets forum. Clover Health, a health insurer backed by venture capitalist Chamath Palihapitiya, is in demand after retail traders realized that short sellers had been swelling their bets against the stock.\nChatter has built on WallStreetBets this week on the potential for short squeezes, following similar successful ploys on meme stocks including Workhorse Group Inc. and Richard Branson’s space exploration company Virgin Galactic Holdings Inc. Workhorse shares are up 13% in premarket trading, with otherso-called meme stocksalso gaining.\nWendy’s was downgraded to hold from buy at Stifel, which said the stock’s valuation now fully reflects the growth it had been assuming to reach its target price of $25. Analyst Chris O’Cull said in a note that he’s still “constructive toward the company’s fundamental outlook.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136900670,"gmtCreate":1621988373690,"gmtModify":1631887210788,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV","listText":"Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV","text":"Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136900670","repostId":"1140046763","repostType":4,"repost":{"id":"1140046763","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621944646,"share":"https://www.laohu8.com/m/news/1140046763?lang=&edition=full","pubTime":"2021-05-25 20:10","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1140046763","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as i","content":"<p>U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.</p><p>At 8:05 a.m. ET, Dow E-minis were up 93 points, or 0.27%, S&amp;P 500 E-minis were up 14.5 points, or 0.35% and Nasdaq 100 E-minis were up 80.5 points, or 0.59%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0cb3de938a9511fee104454b3e726612\" tg-width=\"818\" tg-height=\"278\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p>Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc added between 0.4% and 1% in premarket trading as the yield on 10-year bond slipped to a fresh two-week low on Tuesday.</p><p>Higher yields pressure valuations for tech and other growth stocks, whose future cash flows are discounted at higher rates.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>Moderna(MRNA)</b>-Moderna&nbsp;rose&nbsp;2.33%&nbsp;in premarket trading&nbsp;after&nbsp;its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behind&nbsp;Pfizer's to demonstrate high efficacy in younger age groups.</p><p><b>Lordstown Motors(RIDE)</b> – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startupsaid it needed to raise capitalto fund operations and that its production this year would be, at best, 50% of prior projections.</p><p><b>Canopy Growth(CGC) </b>– The cannabis producer’s shares rose 2.4% in the premarket after MKM Partners upgraded the stock to “buy” from “neutral.” MKM said sentiment surrounding the stock is so low that the current risk/reward profile is very favorable.</p><p><b>Shake Shack(SHAK)</b> – The restaurant chain’s stock rallied 5.2% in premarket trading after Goldman Sachs upgraded it to “buy” from “neutral.” Goldman believes a recent pullback presents a buying opportunity, given Shake Shack’s strong balance sheet and favorable long-term growth prospects. Additionally, Wedbush upgraded the stock to “outperform” from “neutral,” citing similar reasons.</p><p><b>AutoZone(AZO)</b> – The auto parts retailer reported quarterly profit of $26.48 per share, beating the consensus estimate of $20.14 a share. Revenue also came in above estimates. Comparable-store sales surged 28.9%, well above the consensus FactSet estimate of 17.1%. AutoZone’s gross margins dropped, however, due in part to an acceleration of the company’s commercial business. AutoZone added 1.1% in premarket trading.</p><p><b>Amazon(AMZN)</b> – Amazon could announcea deal to buy MGM Studiosas soon as this week, according to a person familiar with the matter who spoke to CNBC. The projected price of up to $9 billion would make this Amazon’s largest acquisition since it bought Whole Foods in 2017 for $13.7 billion.</p><p><b>AstraZeneca(AZN)</b> – AstraZeneca’s $39 billion takeover of U.S. drugmakerAlexion Pharmaceuticals(ALXN) is the subject of a probe by British competition regulators, who want to determine if the deal will reduce competition in the U.K. and elsewhere.</p><p><b>United Airlines(UAL)</b> – United said in a Securities and Exchange Commission filing that ticketed yields have accelerated during the second quarter ahead of its prior projections. It now sees the key metric of revenue per available seat mile falling about 12% this quarter compared to its prior estimate of a 20% drop.</p><p><b>Live Nation Entertainment(LYV)</b> – Live Nation President Joe Berchtold told CNBC’s “Closing Bell” that concert venue bookings are rebounding, and that it is expecting a better year in 2022 than it had in 2019. Shares added 1% in premarket action.</p><p><b>IAC/Interactive(IAC) </b>– IAC shares jumped 5.3% in premarket trading ahead of today’s spinoff of Vimeo to IAC shareholders. Vimeo will begin trading on the Nasdaq today, with the producer of video tools valued at roughly $10 billion.</p><p><b>Petco(WOOF) </b>– The pet products retailer announced a secondary stock offering of 22 million shares, with the selling stockholder granting underwriters the option to purchase another 3.3 million shares within 30 days. Petco will not receive any proceeds from the offering. The stock fell 1.1% in the premarket.</p><p><b>Alaska Air(ALK)</b> – Alaska Air boosted its cash flow outlook for the current quarter, saying it now expects positive cash flow of $550 million to $650 million compared to a prior projection of $450 million to $550 million. The airline cites improved travel demand as well as better-than-expected affinity card inflows. Alaska Air shares fell 2.8% in premarket trading.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.</p><p>At 8:05 a.m. ET, Dow E-minis were up 93 points, or 0.27%, S&amp;P 500 E-minis were up 14.5 points, or 0.35% and Nasdaq 100 E-minis were up 80.5 points, or 0.59%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0cb3de938a9511fee104454b3e726612\" tg-width=\"818\" tg-height=\"278\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p>Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc added between 0.4% and 1% in premarket trading as the yield on 10-year bond slipped to a fresh two-week low on Tuesday.</p><p>Higher yields pressure valuations for tech and other growth stocks, whose future cash flows are discounted at higher rates.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>Moderna(MRNA)</b>-Moderna&nbsp;rose&nbsp;2.33%&nbsp;in premarket trading&nbsp;after&nbsp;its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behind&nbsp;Pfizer's to demonstrate high efficacy in younger age groups.</p><p><b>Lordstown Motors(RIDE)</b> – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startupsaid it needed to raise capitalto fund operations and that its production this year would be, at best, 50% of prior projections.</p><p><b>Canopy Growth(CGC) </b>– The cannabis producer’s shares rose 2.4% in the premarket after MKM Partners upgraded the stock to “buy” from “neutral.” MKM said sentiment surrounding the stock is so low that the current risk/reward profile is very favorable.</p><p><b>Shake Shack(SHAK)</b> – The restaurant chain’s stock rallied 5.2% in premarket trading after Goldman Sachs upgraded it to “buy” from “neutral.” Goldman believes a recent pullback presents a buying opportunity, given Shake Shack’s strong balance sheet and favorable long-term growth prospects. Additionally, Wedbush upgraded the stock to “outperform” from “neutral,” citing similar reasons.</p><p><b>AutoZone(AZO)</b> – The auto parts retailer reported quarterly profit of $26.48 per share, beating the consensus estimate of $20.14 a share. Revenue also came in above estimates. Comparable-store sales surged 28.9%, well above the consensus FactSet estimate of 17.1%. AutoZone’s gross margins dropped, however, due in part to an acceleration of the company’s commercial business. AutoZone added 1.1% in premarket trading.</p><p><b>Amazon(AMZN)</b> – Amazon could announcea deal to buy MGM Studiosas soon as this week, according to a person familiar with the matter who spoke to CNBC. The projected price of up to $9 billion would make this Amazon’s largest acquisition since it bought Whole Foods in 2017 for $13.7 billion.</p><p><b>AstraZeneca(AZN)</b> – AstraZeneca’s $39 billion takeover of U.S. drugmakerAlexion Pharmaceuticals(ALXN) is the subject of a probe by British competition regulators, who want to determine if the deal will reduce competition in the U.K. and elsewhere.</p><p><b>United Airlines(UAL)</b> – United said in a Securities and Exchange Commission filing that ticketed yields have accelerated during the second quarter ahead of its prior projections. It now sees the key metric of revenue per available seat mile falling about 12% this quarter compared to its prior estimate of a 20% drop.</p><p><b>Live Nation Entertainment(LYV)</b> – Live Nation President Joe Berchtold told CNBC’s “Closing Bell” that concert venue bookings are rebounding, and that it is expecting a better year in 2022 than it had in 2019. Shares added 1% in premarket action.</p><p><b>IAC/Interactive(IAC) </b>– IAC shares jumped 5.3% in premarket trading ahead of today’s spinoff of Vimeo to IAC shareholders. Vimeo will begin trading on the Nasdaq today, with the producer of video tools valued at roughly $10 billion.</p><p><b>Petco(WOOF) </b>– The pet products retailer announced a secondary stock offering of 22 million shares, with the selling stockholder granting underwriters the option to purchase another 3.3 million shares within 30 days. Petco will not receive any proceeds from the offering. The stock fell 1.1% in the premarket.</p><p><b>Alaska Air(ALK)</b> – Alaska Air boosted its cash flow outlook for the current quarter, saying it now expects positive cash flow of $550 million to $650 million compared to a prior projection of $450 million to $550 million. The airline cites improved travel demand as well as better-than-expected affinity card inflows. Alaska Air shares fell 2.8% in premarket trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140046763","content_text":"U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.At 8:05 a.m. ET, Dow E-minis were up 93 points, or 0.27%, S&P 500 E-minis were up 14.5 points, or 0.35% and Nasdaq 100 E-minis were up 80.5 points, or 0.59%.*Source From Tiger Trade, EST 08:05Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc added between 0.4% and 1% in premarket trading as the yield on 10-year bond slipped to a fresh two-week low on Tuesday.Higher yields pressure valuations for tech and other growth stocks, whose future cash flows are discounted at higher rates.Stocks making the biggest moves in the premarket:Moderna(MRNA)-Moderna rose 2.33% in premarket trading after its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behind Pfizer's to demonstrate high efficacy in younger age groups.Lordstown Motors(RIDE) – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startupsaid it needed to raise capitalto fund operations and that its production this year would be, at best, 50% of prior projections.Canopy Growth(CGC) – The cannabis producer’s shares rose 2.4% in the premarket after MKM Partners upgraded the stock to “buy” from “neutral.” MKM said sentiment surrounding the stock is so low that the current risk/reward profile is very favorable.Shake Shack(SHAK) – The restaurant chain’s stock rallied 5.2% in premarket trading after Goldman Sachs upgraded it to “buy” from “neutral.” Goldman believes a recent pullback presents a buying opportunity, given Shake Shack’s strong balance sheet and favorable long-term growth prospects. Additionally, Wedbush upgraded the stock to “outperform” from “neutral,” citing similar reasons.AutoZone(AZO) – The auto parts retailer reported quarterly profit of $26.48 per share, beating the consensus estimate of $20.14 a share. Revenue also came in above estimates. Comparable-store sales surged 28.9%, well above the consensus FactSet estimate of 17.1%. AutoZone’s gross margins dropped, however, due in part to an acceleration of the company’s commercial business. AutoZone added 1.1% in premarket trading.Amazon(AMZN) – Amazon could announcea deal to buy MGM Studiosas soon as this week, according to a person familiar with the matter who spoke to CNBC. The projected price of up to $9 billion would make this Amazon’s largest acquisition since it bought Whole Foods in 2017 for $13.7 billion.AstraZeneca(AZN) – AstraZeneca’s $39 billion takeover of U.S. drugmakerAlexion Pharmaceuticals(ALXN) is the subject of a probe by British competition regulators, who want to determine if the deal will reduce competition in the U.K. and elsewhere.United Airlines(UAL) – United said in a Securities and Exchange Commission filing that ticketed yields have accelerated during the second quarter ahead of its prior projections. It now sees the key metric of revenue per available seat mile falling about 12% this quarter compared to its prior estimate of a 20% drop.Live Nation Entertainment(LYV) – Live Nation President Joe Berchtold told CNBC’s “Closing Bell” that concert venue bookings are rebounding, and that it is expecting a better year in 2022 than it had in 2019. Shares added 1% in premarket action.IAC/Interactive(IAC) – IAC shares jumped 5.3% in premarket trading ahead of today’s spinoff of Vimeo to IAC shareholders. Vimeo will begin trading on the Nasdaq today, with the producer of video tools valued at roughly $10 billion.Petco(WOOF) – The pet products retailer announced a secondary stock offering of 22 million shares, with the selling stockholder granting underwriters the option to purchase another 3.3 million shares within 30 days. Petco will not receive any proceeds from the offering. The stock fell 1.1% in the premarket.Alaska Air(ALK) – Alaska Air boosted its cash flow outlook for the current quarter, saying it now expects positive cash flow of $550 million to $650 million compared to a prior projection of $450 million to $550 million. The airline cites improved travel demand as well as better-than-expected affinity card inflows. Alaska Air shares fell 2.8% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133123492,"gmtCreate":1621729309916,"gmtModify":1634186990099,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Crossroads now?&nbsp;","listText":"Crossroads now?&nbsp;","text":"Crossroads now?","images":[{"img":"https://static.tigerbbs.com/0bf42658b12e48d363acf9ccbd96d553","width":"1080","height":"3940"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/133123492","isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195626884,"gmtCreate":1621293877548,"gmtModify":1634192788256,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>yummy","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>yummy","text":"$Tiger Brokers(TIGR)$yummy","images":[{"img":"https://static.tigerbbs.com/9e96d2ffa372544af43493dacf7b4c1b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195626884","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195120084,"gmtCreate":1621263607148,"gmtModify":1634192924461,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[{"img":"https://static.tigerbbs.com/b9a5c2edf44efdae9b12cb671869e849","width":"1080","height":"4126"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195120084","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":357861753,"gmtCreate":1617259424772,"gmtModify":1634521756154,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Diamond hands?","listText":"Diamond hands?","text":"Diamond hands?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/357861753","repostId":"1196008529","repostType":4,"repost":{"id":"1196008529","kind":"news","pubTimestamp":1617258986,"share":"https://www.laohu8.com/m/news/1196008529?lang=&edition=full","pubTime":"2021-04-01 14:36","market":"us","language":"en","title":"Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’","url":"https://stock-news.laohu8.com/highlight/detail?id=1196008529","media":"Financial Times","summary":"Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening d","content":"<p>Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening day</p>\n<p>Short sellers, an unfortunate roadshow and terrible timing were all blamed as Deliveroo lost more than a quarter of its value on its first day of trading, becoming in the words of one of its bankers: “the worst IPO in London’s history”.</p>\n<p>Shares in the food delivery app closed on Wednesday at 287p, 26 per cent down, wiping almost £2bn from its opening £7.6bn market capitalisation, despite frantic efforts by its lead bankers Goldman Sachs and JPMorgan to shore up the stock.</p>\n<p>The dramatic failure of London’s biggest tech IPO is likely to damp hopes of the British government to attract other high-growth companies to list in the UK, ahead of growing competition from exchanges such as Amsterdam.</p>\n<p>“I really hope that this doesn’t shut down the IPO market” in London, said one person close to the listing, pointing to the long hangover from Funding Circle’s dismal debut in 2018. “It’s a big risk.”</p>\n<p>Several of Deliveroo’s advisers, bankers and investors were quick to blame short sellers for the opening plunge. “At least three hedge funds have very actively gone short this morning, enabled by banks outside of the syndicate [of the IPO],” said one person directly working on the deal. “The opening move was very sharp.”</p>\n<p>But others in the market raised questions about the company’s roadshow and said Deliveroo had priced its offering badly, especially after encountering a rebellion from several large British fund managers against its dual-class share structure.</p>\n<p>Deliveroo’s advisers, who collected £49m in fees from the company and several million more from Deliveroo’s selling shareholders, unnerved some buyers by refusing to identify the three “anchor investors” who they said were supporting the IPO.</p>\n<p>These anchors were said to be based outside the UK, with one of them already a shareholder in Deliveroo through private investment ahead of the IPO, according to a person familiar with the situation.</p>\n<p>“We were told throughout that the institutional book was four or five times covered but the maths of that seem doubtful now,” said another person close to the process.</p>\n<p>The roadshow ran into further trouble over the dual-class shares that gave Will Shu, chief executive, outsized voting rights, but which meant Deliveroo would not debut into the FTSE 100 index, depriving it of investment from passive tracker funds, and which triggered outrage from a several large British fund managers.</p>\n<p>“A lot of this could have been avoided if Will hadn’t insisted on a dual-class share structure,” said one tech investor. “That was driving a lot of the pushback in London.”</p>\n<p>Meanwhile, the market’s appetite for racy tech stocks waned dramatically after the company launched its IPO, as bond yields rose and investors began to rotate out of the sector. Share prices for Deliveroo’s peers DoorDash and Delivery Hero have both weakened over the past month.</p>\n<p>Deliveroo’s record of heavy losses, even as growth was turbocharged during the pandemic, and uncertainty about whether online food delivery will continue to thrive after lockdowns are lifted, was enough to put off some investors. Others were concerned about the rising cost of regulation on the gig economy.</p>\n<p>But London listing rules meant that, even as bankers steered the price to the bottom of the target range earlier this week, they were unable to go any lower than the final 390p per share level without pulling the IPO altogether.</p>\n<p>That was not an option for Deliveroo, which lost £224m last year in a highly competitive market and warned regulators a year ago that it had come close to bankruptcy. Despite the first-day drop, Deliveroo raised £1.5bn from the IPO for the company and its investors, giving it firepower to take on rivals such as Uber and Just Eat Takeaway.com.</p>\n<p>Finally, the timing of the IPO was also blamed by James Bevan, chief investment officer at CCLA, an investment manager for religious and charitable organisations, who pointed to the low volumes of trading and noted that fund managers tend to shy away from taking new positions ahead of the end of a quarter.</p>\n<p>“Very few people are exhibiting any appetite to buy the shares,” he said, noting that only 50m of shares have traded so far.</p>\n<p>Bevan added that very few institutional investors who had not already taken a position in Deliveroo would want to buy a potentially volatile stock on the final day of March, because they have to produce quarterly reports on performance.</p>\n<p>“At the end of quarter there is a lack of enthusiasm by institutional investors to take positions,” he said. “Institutions are typically unwilling to take new positions knowing that it could be a downdraft.”</p>\n<p>Whatever the reason for Wednesday’s performance, and how Deliveroo trades over the longer term, several tech investors privately expressed frustration.</p>\n<p>They accused fund managers of posturing over ethical issues such as worker treatment in order to attack the UK government’s plans to ease more dual-class listings. They suggested more UK entrepreneurs would be likely to follow the example of Cazoo, one of London’s fastest-growing internet companies, which this week agreed a deal to go public in New York via a special purpose acquisition company.</p>\n<p>Rishi Sunak, the UK chancellor, who is keen to lure more tech companies to London and who hailed Deliveroo as a “true British success story” was forced to deny that he was embarrassed by the stock’s performance.</p>\n<p>“Gosh, no . . . share prices go up, share prices go down,” he told ITV, pointing to the eventual success of Facebook, which also had a rocky start to life as a public company in 2012.</p>\n<p>Optimists also pointed to Ocado, another food delivery company that had a turbulent start to its IPO in 2010. Subsequently, its share price has increased more than tenfold.</p>\n<p>“Founders shouldn’t be deterred from listing their businesses in London,” said Mark Tluszcz, chief executive at tech investor Mangrove Capital Partners. “Deliveroo is just an overpriced company.”</p>\n<p>Additional reporting by Siddharth Venkataramakrishnan, Daniel Thomas and Katie Martin</p>","source":"lsy1580170736413","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>Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’</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; 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}\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\">\nDisaster strikes as Deliveroo becomes ‘worst IPO in London’s history’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-01 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening day\nShort sellers, an unfortunate roadshow and terrible timing were all blamed as Deliveroo lost more...</p>\n\n<a href=\"https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196008529","content_text":"Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening day\nShort sellers, an unfortunate roadshow and terrible timing were all blamed as Deliveroo lost more than a quarter of its value on its first day of trading, becoming in the words of one of its bankers: “the worst IPO in London’s history”.\nShares in the food delivery app closed on Wednesday at 287p, 26 per cent down, wiping almost £2bn from its opening £7.6bn market capitalisation, despite frantic efforts by its lead bankers Goldman Sachs and JPMorgan to shore up the stock.\nThe dramatic failure of London’s biggest tech IPO is likely to damp hopes of the British government to attract other high-growth companies to list in the UK, ahead of growing competition from exchanges such as Amsterdam.\n“I really hope that this doesn’t shut down the IPO market” in London, said one person close to the listing, pointing to the long hangover from Funding Circle’s dismal debut in 2018. “It’s a big risk.”\nSeveral of Deliveroo’s advisers, bankers and investors were quick to blame short sellers for the opening plunge. “At least three hedge funds have very actively gone short this morning, enabled by banks outside of the syndicate [of the IPO],” said one person directly working on the deal. “The opening move was very sharp.”\nBut others in the market raised questions about the company’s roadshow and said Deliveroo had priced its offering badly, especially after encountering a rebellion from several large British fund managers against its dual-class share structure.\nDeliveroo’s advisers, who collected £49m in fees from the company and several million more from Deliveroo’s selling shareholders, unnerved some buyers by refusing to identify the three “anchor investors” who they said were supporting the IPO.\nThese anchors were said to be based outside the UK, with one of them already a shareholder in Deliveroo through private investment ahead of the IPO, according to a person familiar with the situation.\n“We were told throughout that the institutional book was four or five times covered but the maths of that seem doubtful now,” said another person close to the process.\nThe roadshow ran into further trouble over the dual-class shares that gave Will Shu, chief executive, outsized voting rights, but which meant Deliveroo would not debut into the FTSE 100 index, depriving it of investment from passive tracker funds, and which triggered outrage from a several large British fund managers.\n“A lot of this could have been avoided if Will hadn’t insisted on a dual-class share structure,” said one tech investor. “That was driving a lot of the pushback in London.”\nMeanwhile, the market’s appetite for racy tech stocks waned dramatically after the company launched its IPO, as bond yields rose and investors began to rotate out of the sector. Share prices for Deliveroo’s peers DoorDash and Delivery Hero have both weakened over the past month.\nDeliveroo’s record of heavy losses, even as growth was turbocharged during the pandemic, and uncertainty about whether online food delivery will continue to thrive after lockdowns are lifted, was enough to put off some investors. Others were concerned about the rising cost of regulation on the gig economy.\nBut London listing rules meant that, even as bankers steered the price to the bottom of the target range earlier this week, they were unable to go any lower than the final 390p per share level without pulling the IPO altogether.\nThat was not an option for Deliveroo, which lost £224m last year in a highly competitive market and warned regulators a year ago that it had come close to bankruptcy. Despite the first-day drop, Deliveroo raised £1.5bn from the IPO for the company and its investors, giving it firepower to take on rivals such as Uber and Just Eat Takeaway.com.\nFinally, the timing of the IPO was also blamed by James Bevan, chief investment officer at CCLA, an investment manager for religious and charitable organisations, who pointed to the low volumes of trading and noted that fund managers tend to shy away from taking new positions ahead of the end of a quarter.\n“Very few people are exhibiting any appetite to buy the shares,” he said, noting that only 50m of shares have traded so far.\nBevan added that very few institutional investors who had not already taken a position in Deliveroo would want to buy a potentially volatile stock on the final day of March, because they have to produce quarterly reports on performance.\n“At the end of quarter there is a lack of enthusiasm by institutional investors to take positions,” he said. “Institutions are typically unwilling to take new positions knowing that it could be a downdraft.”\nWhatever the reason for Wednesday’s performance, and how Deliveroo trades over the longer term, several tech investors privately expressed frustration.\nThey accused fund managers of posturing over ethical issues such as worker treatment in order to attack the UK government’s plans to ease more dual-class listings. They suggested more UK entrepreneurs would be likely to follow the example of Cazoo, one of London’s fastest-growing internet companies, which this week agreed a deal to go public in New York via a special purpose acquisition company.\nRishi Sunak, the UK chancellor, who is keen to lure more tech companies to London and who hailed Deliveroo as a “true British success story” was forced to deny that he was embarrassed by the stock’s performance.\n“Gosh, no . . . share prices go up, share prices go down,” he told ITV, pointing to the eventual success of Facebook, which also had a rocky start to life as a public company in 2012.\nOptimists also pointed to Ocado, another food delivery company that had a turbulent start to its IPO in 2010. Subsequently, its share price has increased more than tenfold.\n“Founders shouldn’t be deterred from listing their businesses in London,” said Mark Tluszcz, chief executive at tech investor Mangrove Capital Partners. “Deliveroo is just an overpriced company.”\nAdditional reporting by Siddharth Venkataramakrishnan, Daniel Thomas and Katie Martin","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354632012,"gmtCreate":1617165419436,"gmtModify":1634522306582,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Will wait patiently for this","listText":"Will wait patiently for this","text":"Will wait patiently for this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/354632012","repostId":"1163996400","repostType":4,"repost":{"id":"1163996400","kind":"news","pubTimestamp":1617094880,"share":"https://www.laohu8.com/m/news/1163996400?lang=&edition=full","pubTime":"2021-03-30 17:01","market":"us","language":"en","title":"Coursera: The Education Disruptor Goes Public","url":"https://stock-news.laohu8.com/highlight/detail?id=1163996400","media":"seekingalpha","summary":"SummaryThe company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic","content":"<p><b>Summary</b></p><ul><li>The company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic.</li><li>It is operating in a huge addressable market that is likely to grow for the foreseeable future.</li><li>Coursera enjoys many competitive advantages, among them a large, existing user base, price-to-cost advantages, and the ability to personalize content as a result of its trove of data.</li><li>Given its scale, and competitive advantages, the company should win an outsized share of its market opportunity.</li><li>However, because the company has not turned a profit, there is a chance that its stock may be too volatile in the near term. Buying when the company turns a profit is the safer bet.</li></ul><p>Coursera (COURS), the online learning platform founded in 2012 by former Stanford University computer science professors Daphne Koller and Andrew Ng, filed itsIPO prospectuswith the Securities and Exchange Commission (SEC). The Mountain View, California-based company offers individuals access to over 4,000 Massive Open Online Courses (MOOCs) from 200 educational institutions and corporations. The company also offers over two dozen degree programs at prices lower than what a learner would pay at a traditional, in-person institution. As the company grows its offering, it will be able to compete head-to-head with other “online program management” (OPM) providers, such as 2U(NASDAQ:TWOU), which is already publicly traded, and Noodle Partners.</p><p>Ng’sshareholder letter in the S-1articulated clearly just what the company is about:</p><blockquote>“We believe that education is the source of human progress. In today’s economy in which the skills needed to succeed are rapidly evolving, education is becoming more important than ever. As automation and digital disruption are poised to replace unprecedented numbers of jobs worldwide, giving workers the opportunity to upskill and reskill will be crucial to raising global living standards and increasing social equity. Online education will play a critical role, enabling anyone, anywhere, to gain the valuable skills they need to earn a living in an increasingly digital economy.”</blockquote><p>The filing lists Morgan Stanley, Goldman Sachs and Citigroup as underwriters. The number of shares and the price range of the proposed offering are yet to be determined.According to PitchBook data, Coursera’s most recent valuation in the private markets was $2.5 billion. To date, the company has raised $464 million in venture capital, most recently,$130 million in a Series F roundlast July. Coursera’s biggest institutional shareholders are New Enterprise Associates (18.3% of company stock), G Squared (15.9%) and Kleiner Perkins (9.2%).</p><p><b>Operating Results</b></p><p>The company earned $293 million in revenues for the fiscal year ended December 31, 2020, up 59% from 2019. Net losses widened by about $20 million year-on-year, reaching $66.8 million in 2020. Revenues shot up as a result of the Covid-19 pandemic’s effect on traditional education. In tandem with rising demand, operating costs associated with the company’s services rose, largely driven by the freemium content and marketing expenses. Coursera added over 12,000 new degree learners across the two years ended December 31, 2020 at an average acquisition cost of just below $2,000. The number of registered users rose by 65% year-on-year in 2020. Coursera’s accumulated deficit since its founding stood at $343.6 million as of December 31, 2020. The company does not expect to turn a profit in the foreseeable future.</p><p>The company’sCoursera for Campus,launched in late 2019to enable colleges to offer its library of MOOCs to their students, has been a key driver of recent revenue growth. At the start of the pandemic, Coursera made the program free to tertiary institutions until Sept. 30, 2020. Over 4,000 tertiary institutions from across the world signed up for the program, which, according to the company’s S-1 filing, makes it, “one of our fastest growing offerings”. As of December 31, 2020, over 130 tertiary institutions were paying for it.</p><p>At this point, it is hard to predict what the end of the pandemic would have on the company’s operating results.</p><p><b>The Strategy and Market Opportunity</b></p><p>Coursera is one of the most disruptive firms in the world. It has a flywheel approach to value creation, with significant price-to-cost advantages versus its competition. The company reported that about half of its new degree students in 2020 had been previously registered with Coursera and that its average student acquisition cost was less than $2,000. Its average student acquisition cost is lower than the industry standard. The edu-tech platform is able to efficiently acquire learners at scale because of the huge number of free, high-quality courses that it offers in partnership with top educational institutions and corporations; its ability to personalize content based on its wealth of data; the strength of word-of-mouth promotion by learners; the profitability of its affiliate paid marketing channel.</p><p>The platform offers a number of education tracks, for example:</p><ul><li>Specializations: A learner can pay between $39 and $99 a month for job-specific content across over 500 categories.</li><li>MasterTrack Certificates: For a quarter to a year, a learner can earn a certificate issued by a university-issued certificate. Prices range from $2,000 to $6,000.</li><li>Bachelor’s or Master’s Degrees: Fees range from $9,000 to $45,000.</li><li>Coursera for Enterprise: Through this platform, businesses, educational institutions and governments can deploy content to their learners.</li></ul><p>In response to the Covid-19 pandemic, Coursera partnered with over 330 government agencies across 30 U.S. states and cities and 70 countries as part of itsCoursera Workforce Recovery Initiative, which gave governments the chance to offer unemployed workers free access to thousands of business, data science, and technology courses from companies such as Amazon(NASDAQ:AMZN)and Google(NASDAQ:GOOG)(NASDAQ:GOOGL).</p><p>The company has 77 million registered learners, as well as over 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies who paid for its enterprise offerings. The majority of its revenue (51%) was earned outside of the United States. Converting only a fraction of its 77 million registered users into paid users would change the economics of customer acquisition. The company’s present scale is a huge competitive advantage in the market.</p><p>A learner’s curriculum is designed to be “stackable”, which is to say that a learner can go through a domain in an incremental fashion. The company is able to leverage the huge volume of data it has accumulated from its over 220 million enrollments to personalize content. So, for example, Coursera’s Skills Graphs can suggest paths for job skills.</p><p>Coursera uses technology to drive down distribution costs, make content more affordable, extend access to less economically-endowed regions, help learners keep abreast of emerging skills, and grow its market opportunity. The Covid-19 pandemic has only accelerated secular trends towards the use of technology in education.</p><p>The size of the addressable market is massive and it’s easy to see why.An August 2020 study by the United Nationsdemonstrates the degree of disruption brought on by the Covid-19 pandemic: of the 1.6 billion students in 190 countries covered in the report, or 94% of the world’s students, were prevented from going to school because of Covid-19 pandemic related school closures.</p><p>In 2017, the World Bank indicated thatof the 200 million college students in the world, many do not have job-specific skills.</p><p>The Covid-19 pandemic and prior secular trends suggest that the future of education is in blended classrooms, job-specific education and continuous, lifelong education. Online learning platforms like Coursera will be the primary means through which educational content is delivered.</p><p>Globally, spending on higher education in 2019 was $2.2 trillion,according to HolonIQ. Spending on online degrees was $36 billion and is predicted to reach $74 billion by 2025.</p><p>With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.</p><p><b>Conclusion</b></p><p>Coursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.</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>Coursera: The Education Disruptor Goes Public</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\">\nCoursera: The Education Disruptor Goes Public\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4413745-coursera-education-disruptor-goes-public><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic.It is operating in a huge addressable market that is likely to grow for the foreseeable future.C...</p>\n\n<a href=\"https://seekingalpha.com/article/4413745-coursera-education-disruptor-goes-public\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7cedd6cbf23bbe97eaec389fb0773ed6","relate_stocks":{"COUR":"Coursera, Inc."},"source_url":"https://seekingalpha.com/article/4413745-coursera-education-disruptor-goes-public","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1163996400","content_text":"SummaryThe company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic.It is operating in a huge addressable market that is likely to grow for the foreseeable future.Coursera enjoys many competitive advantages, among them a large, existing user base, price-to-cost advantages, and the ability to personalize content as a result of its trove of data.Given its scale, and competitive advantages, the company should win an outsized share of its market opportunity.However, because the company has not turned a profit, there is a chance that its stock may be too volatile in the near term. Buying when the company turns a profit is the safer bet.Coursera (COURS), the online learning platform founded in 2012 by former Stanford University computer science professors Daphne Koller and Andrew Ng, filed itsIPO prospectuswith the Securities and Exchange Commission (SEC). The Mountain View, California-based company offers individuals access to over 4,000 Massive Open Online Courses (MOOCs) from 200 educational institutions and corporations. The company also offers over two dozen degree programs at prices lower than what a learner would pay at a traditional, in-person institution. As the company grows its offering, it will be able to compete head-to-head with other “online program management” (OPM) providers, such as 2U(NASDAQ:TWOU), which is already publicly traded, and Noodle Partners.Ng’sshareholder letter in the S-1articulated clearly just what the company is about:“We believe that education is the source of human progress. In today’s economy in which the skills needed to succeed are rapidly evolving, education is becoming more important than ever. As automation and digital disruption are poised to replace unprecedented numbers of jobs worldwide, giving workers the opportunity to upskill and reskill will be crucial to raising global living standards and increasing social equity. Online education will play a critical role, enabling anyone, anywhere, to gain the valuable skills they need to earn a living in an increasingly digital economy.”The filing lists Morgan Stanley, Goldman Sachs and Citigroup as underwriters. The number of shares and the price range of the proposed offering are yet to be determined.According to PitchBook data, Coursera’s most recent valuation in the private markets was $2.5 billion. To date, the company has raised $464 million in venture capital, most recently,$130 million in a Series F roundlast July. Coursera’s biggest institutional shareholders are New Enterprise Associates (18.3% of company stock), G Squared (15.9%) and Kleiner Perkins (9.2%).Operating ResultsThe company earned $293 million in revenues for the fiscal year ended December 31, 2020, up 59% from 2019. Net losses widened by about $20 million year-on-year, reaching $66.8 million in 2020. Revenues shot up as a result of the Covid-19 pandemic’s effect on traditional education. In tandem with rising demand, operating costs associated with the company’s services rose, largely driven by the freemium content and marketing expenses. Coursera added over 12,000 new degree learners across the two years ended December 31, 2020 at an average acquisition cost of just below $2,000. The number of registered users rose by 65% year-on-year in 2020. Coursera’s accumulated deficit since its founding stood at $343.6 million as of December 31, 2020. The company does not expect to turn a profit in the foreseeable future.The company’sCoursera for Campus,launched in late 2019to enable colleges to offer its library of MOOCs to their students, has been a key driver of recent revenue growth. At the start of the pandemic, Coursera made the program free to tertiary institutions until Sept. 30, 2020. Over 4,000 tertiary institutions from across the world signed up for the program, which, according to the company’s S-1 filing, makes it, “one of our fastest growing offerings”. As of December 31, 2020, over 130 tertiary institutions were paying for it.At this point, it is hard to predict what the end of the pandemic would have on the company’s operating results.The Strategy and Market OpportunityCoursera is one of the most disruptive firms in the world. It has a flywheel approach to value creation, with significant price-to-cost advantages versus its competition. The company reported that about half of its new degree students in 2020 had been previously registered with Coursera and that its average student acquisition cost was less than $2,000. Its average student acquisition cost is lower than the industry standard. The edu-tech platform is able to efficiently acquire learners at scale because of the huge number of free, high-quality courses that it offers in partnership with top educational institutions and corporations; its ability to personalize content based on its wealth of data; the strength of word-of-mouth promotion by learners; the profitability of its affiliate paid marketing channel.The platform offers a number of education tracks, for example:Specializations: A learner can pay between $39 and $99 a month for job-specific content across over 500 categories.MasterTrack Certificates: For a quarter to a year, a learner can earn a certificate issued by a university-issued certificate. Prices range from $2,000 to $6,000.Bachelor’s or Master’s Degrees: Fees range from $9,000 to $45,000.Coursera for Enterprise: Through this platform, businesses, educational institutions and governments can deploy content to their learners.In response to the Covid-19 pandemic, Coursera partnered with over 330 government agencies across 30 U.S. states and cities and 70 countries as part of itsCoursera Workforce Recovery Initiative, which gave governments the chance to offer unemployed workers free access to thousands of business, data science, and technology courses from companies such as Amazon(NASDAQ:AMZN)and Google(NASDAQ:GOOG)(NASDAQ:GOOGL).The company has 77 million registered learners, as well as over 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies who paid for its enterprise offerings. The majority of its revenue (51%) was earned outside of the United States. Converting only a fraction of its 77 million registered users into paid users would change the economics of customer acquisition. The company’s present scale is a huge competitive advantage in the market.A learner’s curriculum is designed to be “stackable”, which is to say that a learner can go through a domain in an incremental fashion. The company is able to leverage the huge volume of data it has accumulated from its over 220 million enrollments to personalize content. So, for example, Coursera’s Skills Graphs can suggest paths for job skills.Coursera uses technology to drive down distribution costs, make content more affordable, extend access to less economically-endowed regions, help learners keep abreast of emerging skills, and grow its market opportunity. The Covid-19 pandemic has only accelerated secular trends towards the use of technology in education.The size of the addressable market is massive and it’s easy to see why.An August 2020 study by the United Nationsdemonstrates the degree of disruption brought on by the Covid-19 pandemic: of the 1.6 billion students in 190 countries covered in the report, or 94% of the world’s students, were prevented from going to school because of Covid-19 pandemic related school closures.In 2017, the World Bank indicated thatof the 200 million college students in the world, many do not have job-specific skills.The Covid-19 pandemic and prior secular trends suggest that the future of education is in blended classrooms, job-specific education and continuous, lifelong education. Online learning platforms like Coursera will be the primary means through which educational content is delivered.Globally, spending on higher education in 2019 was $2.2 trillion,according to HolonIQ. Spending on online degrees was $36 billion and is predicted to reach $74 billion by 2025.With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.ConclusionCoursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382175738,"gmtCreate":1613398955424,"gmtModify":1634553761819,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Bookmarking for later tracking","listText":"Bookmarking for later tracking","text":"Bookmarking for later tracking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382175738","repostId":"1168862133","repostType":4,"repost":{"id":"1168862133","kind":"news","pubTimestamp":1613024272,"share":"https://www.laohu8.com/m/news/1168862133?lang=&edition=full","pubTime":"2021-02-11 14:17","market":"us","language":"en","title":"Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1168862133","media":"Nasdaq","summary":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat","content":"<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?</p>\n<p>Well, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.</p>\n<p>Top Fintech Stocks To Watch</p>\n<ul>\n <li><b>Mogo Inc.</b>(NASDAQ: MOGO)</li>\n <li><b>PayPal Holdings Inc.</b>(NASDAQ: PYPL)</li>\n <li><b>Square Inc.</b>(NYSE: SQ)</li>\n <li><b>Green Dot Corporation</b>(NYSE: GDOT)</li>\n</ul>\n<p>Mogo Inc.</p>\n<p>Starting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.</p>\n<p>For starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?</p>\n<p>PayPal Holdings Inc.</p>\n<p>Following that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.</p>\n<p>For one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.<i>The “Pay in 4</i>” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.</p>\n<p>Square Inc.</p>\n<p>Another top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?</p>\n<p>Well, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?</p>\n<p>Green Dot Corporation</p>\n<p>Undoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.</p>\n<p>For the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “<i>living from paycheck to paycheck</i>”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “<i>Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.</i>” Has all this convinced you to add GDOT to your watchlist?</p>","source":"lsy1603171495471","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>Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch</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\">\nBest Stocks To Buy For 2021? 4 Fintech Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-11 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168862133","content_text":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?\nWell, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.\nTop Fintech Stocks To Watch\n\nMogo Inc.(NASDAQ: MOGO)\nPayPal Holdings Inc.(NASDAQ: PYPL)\nSquare Inc.(NYSE: SQ)\nGreen Dot Corporation(NYSE: GDOT)\n\nMogo Inc.\nStarting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.\nFor starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?\nPayPal Holdings Inc.\nFollowing that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.\nFor one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.The “Pay in 4” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.\nSquare Inc.\nAnother top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?\nWell, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?\nGreen Dot Corporation\nUndoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.\nFor the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “living from paycheck to paycheck”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.” Has all this convinced you to add GDOT to your watchlist?","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382175267,"gmtCreate":1613398896359,"gmtModify":1634553761940,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"While many still adopting a wait n see","listText":"While many still adopting a wait n see","text":"While many still adopting a wait n see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382175267","repostId":"1179092967","repostType":4,"repost":{"id":"1179092967","kind":"news","pubTimestamp":1613100617,"share":"https://www.laohu8.com/m/news/1179092967?lang=&edition=full","pubTime":"2021-02-12 11:30","market":"us","language":"en","title":"Not Just Tesla: Why Big Companies are Buying into Crypto-Mania","url":"https://stock-news.laohu8.com/highlight/detail?id=1179092967","media":"barrons","summary":"For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla , which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.Mastercard  said on Wednesday that it will let m","content":"<p>For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.</p><p>The most buzzworthy move came from Tesla (ticker: TSLA), which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.</p><p>But Tesla isn’t the only one. On Thursday, BNY Mellon (BK), the oldest bank in the U.S.,said it will hold and transfer cryptocurrencies for customers. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field,” said Roman Regelman, the bank’s CEO of asset servicing and head of digital.</p><p>Mastercard (MA) said on Wednesday that it will let merchants accept some cryptocurrencies through its network later this year. The payments will be converted to traditional money before it enters the companies’ systems.Twitter(TWTR) is also considering a Bitcoin investment. And Square (SQ) has already put some on its balance sheet, as well as given users of its Cash App access to buy the cryptocurrency.</p><p>Why is this happening now? Cryptocurrencies are still not particularly useful outside of a very few cases, such as cross-border transactions. Even there, they haven’t fully taken hold.</p><p>There are at least four big reasons corporations are diving in.</p><p>One is that some company founders believe in Bitcoin. Their excitement about the asset has convinced them that their companies need to be involved, or have cryptocurrency investments, even if Bitcoin isn’t really the core of their operations. That appears to be the case for Tesla and its CEO Elon Musk, and for a software company calledMicrostrategyand its CEO, Michael Saylor.</p><p>Microstrategy, whose entire market capitalization was below $1 billion early last year, now owns more than $2 billion of Bitcoin, and its market cap is now just under $10 billion. Saylor told<i>Barron’s</i>&nbsp;in an interview last yearthat he sees Bitcoin as a hedge against monetary debasement and inflation.</p><p>Square CEO Jack Dorsey ‘s fascination with Bitcoin also likely sped Square’s adoption. He has spoken about his interest in the currency for years.</p><p>Tesla’s purchase of Bitcoin is strong marketing for the company and the currency, said Dan Morehead, founder of the crypto hedge fund Pantera Capital. But it won’t likely change the way Bitcoin is used. “Tesla sells a half a million cars a year,” he said. “If they sold 4% in Bitcoin, I’d be surprised.” Morehead thinks Bitoin’s growing use for cross-border payments is much more exciting from a practical perspective.</p><p>Other companies are getting into Bitcoin because of customer demand. That appears to be the case for BNY Mellon, which is not known for making risky bets on new technologies. It could stay out of the industry altogether, but more institutional investors are buying Bitcoin and need somewhere to put it.</p><p>And the infrastructure around Bitcoin has grown, so that it now more closely resembles the systems used in the rest of the world of finance.. Big companies now insure cryptocurrencies or—as in the case ofJPMorgan Chase(JPM)—offer services to cryptocurrency businesses, even if most still don’t hold Bitcoin on their own balance sheets.</p><p>A third reason is increasing government acceptance of the trend. BNY cited greater regulatory clarity around Bitcoin as one reason it is diving in. The U.S. government has taken a mostly laissez-faire approach to regulating digital assets even as many of the illegal activities that cryptocurrency has been associated with in the past have continued. Without at least the tacit approval of regulators, crypto couldn’t have landed on the balance sheets of so many companies.</p><p>A fourth reason cryptocurrencies are gaining hold in corporate boardrooms is that they serve multiple purposes. That gives corporations several different rationales to hold the coins, or offer related services. Cryptocurrencies have the potential to go well beyond Bitcoin’s initial premise as a way to send money without financial intermediaries. So-called stablecoins, whose value is meant to track fiat currencies, could allow for faster transactions for some kinds of financial services, for instance.</p><p>Visa(V) andMasterCardseem like the last places in the world that Bitcoin would take hold given that Bitcoin was created to eliminate the middlemen in finance. Few companies fill the role of middleman as perfectly as the credit-card processors. Visa, however, thinks that cryptocurrencies are useful for many other purposes, and its trusted brand makes it an important player, according to Cuy Sheffield, head of crypto at the company.</p><p>“We’ve seen growing demand from clients across the world that want to be able to plug in and use these networks, but they want a global, neutral, trusted brand, to help them be able to do that,” Sheffield said in an interview. Visa said last week it has created software that allows bank customers to buy and hold cryptocurrencies through lenders’ websites.</p><p>Will old-line financial companies be the biggest beneficiaries of the crypto “revolution”? Michael Venuto, the chief investment officer of Toroso Investments, doesn’t think it will be easy for them to dominate this new world. Toroso created theAmplify Transformational Data SharingETF (ticker: BLOK), which invests in public companies involved in the technology behind Bitcoin.</p><p>“In terms of the self-referenced paradox of the old economy accepting the blockchain, it is simply inevitable,” Venuto wrote in an email to<i>Barron’s</i>. “If they don’t explore the blockchain they will be extinct. They understand that, but they are not aware of how big the changes will be or how fast they will happen. They have to evolve, but evolution can be messy.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Not Just Tesla: Why Big Companies are Buying into Crypto-Mania</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\">\nNot Just Tesla: Why Big Companies are Buying into Crypto-Mania\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of ...</p>\n\n<a href=\"https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/414360f2ef7b5c785cb936b4a9b53a44","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179092967","content_text":"For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla (ticker: TSLA), which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.But Tesla isn’t the only one. On Thursday, BNY Mellon (BK), the oldest bank in the U.S.,said it will hold and transfer cryptocurrencies for customers. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field,” said Roman Regelman, the bank’s CEO of asset servicing and head of digital.Mastercard (MA) said on Wednesday that it will let merchants accept some cryptocurrencies through its network later this year. The payments will be converted to traditional money before it enters the companies’ systems.Twitter(TWTR) is also considering a Bitcoin investment. And Square (SQ) has already put some on its balance sheet, as well as given users of its Cash App access to buy the cryptocurrency.Why is this happening now? Cryptocurrencies are still not particularly useful outside of a very few cases, such as cross-border transactions. Even there, they haven’t fully taken hold.There are at least four big reasons corporations are diving in.One is that some company founders believe in Bitcoin. Their excitement about the asset has convinced them that their companies need to be involved, or have cryptocurrency investments, even if Bitcoin isn’t really the core of their operations. That appears to be the case for Tesla and its CEO Elon Musk, and for a software company calledMicrostrategyand its CEO, Michael Saylor.Microstrategy, whose entire market capitalization was below $1 billion early last year, now owns more than $2 billion of Bitcoin, and its market cap is now just under $10 billion. Saylor toldBarron’s in an interview last yearthat he sees Bitcoin as a hedge against monetary debasement and inflation.Square CEO Jack Dorsey ‘s fascination with Bitcoin also likely sped Square’s adoption. He has spoken about his interest in the currency for years.Tesla’s purchase of Bitcoin is strong marketing for the company and the currency, said Dan Morehead, founder of the crypto hedge fund Pantera Capital. But it won’t likely change the way Bitcoin is used. “Tesla sells a half a million cars a year,” he said. “If they sold 4% in Bitcoin, I’d be surprised.” Morehead thinks Bitoin’s growing use for cross-border payments is much more exciting from a practical perspective.Other companies are getting into Bitcoin because of customer demand. That appears to be the case for BNY Mellon, which is not known for making risky bets on new technologies. It could stay out of the industry altogether, but more institutional investors are buying Bitcoin and need somewhere to put it.And the infrastructure around Bitcoin has grown, so that it now more closely resembles the systems used in the rest of the world of finance.. Big companies now insure cryptocurrencies or—as in the case ofJPMorgan Chase(JPM)—offer services to cryptocurrency businesses, even if most still don’t hold Bitcoin on their own balance sheets.A third reason is increasing government acceptance of the trend. BNY cited greater regulatory clarity around Bitcoin as one reason it is diving in. The U.S. government has taken a mostly laissez-faire approach to regulating digital assets even as many of the illegal activities that cryptocurrency has been associated with in the past have continued. Without at least the tacit approval of regulators, crypto couldn’t have landed on the balance sheets of so many companies.A fourth reason cryptocurrencies are gaining hold in corporate boardrooms is that they serve multiple purposes. That gives corporations several different rationales to hold the coins, or offer related services. Cryptocurrencies have the potential to go well beyond Bitcoin’s initial premise as a way to send money without financial intermediaries. So-called stablecoins, whose value is meant to track fiat currencies, could allow for faster transactions for some kinds of financial services, for instance.Visa(V) andMasterCardseem like the last places in the world that Bitcoin would take hold given that Bitcoin was created to eliminate the middlemen in finance. Few companies fill the role of middleman as perfectly as the credit-card processors. Visa, however, thinks that cryptocurrencies are useful for many other purposes, and its trusted brand makes it an important player, according to Cuy Sheffield, head of crypto at the company.“We’ve seen growing demand from clients across the world that want to be able to plug in and use these networks, but they want a global, neutral, trusted brand, to help them be able to do that,” Sheffield said in an interview. Visa said last week it has created software that allows bank customers to buy and hold cryptocurrencies through lenders’ websites.Will old-line financial companies be the biggest beneficiaries of the crypto “revolution”? Michael Venuto, the chief investment officer of Toroso Investments, doesn’t think it will be easy for them to dominate this new world. Toroso created theAmplify Transformational Data SharingETF (ticker: BLOK), which invests in public companies involved in the technology behind Bitcoin.“In terms of the self-referenced paradox of the old economy accepting the blockchain, it is simply inevitable,” Venuto wrote in an email toBarron’s. “If they don’t explore the blockchain they will be extinct. They understand that, but they are not aware of how big the changes will be or how fast they will happen. They have to evolve, but evolution can be messy.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388921317,"gmtCreate":1613012560739,"gmtModify":1703768364067,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Nice rebound","listText":"Nice rebound","text":"Nice rebound","images":[{"img":"https://static.tigerbbs.com/5750a288279cfc9c5a111767f037dc63","width":"1080","height":"2209"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/388921317","isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":381469282,"gmtCreate":1612975883246,"gmtModify":1703767939273,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Any views on this stk?&nbsp;","listText":"Any views on this stk?&nbsp;","text":"Any views on this stk?","images":[{"img":"https://static.tigerbbs.com/144a45f40685f8a355412b15d0b766e3","width":"1080","height":"2209"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381469282","isVote":1,"tweetType":1,"viewCount":449,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":381460129,"gmtCreate":1612975789961,"gmtModify":1703767937541,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575966434807184","authorIdStr":"3575966434807184"},"themes":[],"htmlText":"Asian bosses cant live with the idea of wfh","listText":"Asian bosses cant live with the idea of wfh","text":"Asian bosses cant live with the idea of wfh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381460129","repostId":"1138874560","repostType":4,"repost":{"id":"1138874560","kind":"news","pubTimestamp":1612949008,"share":"https://www.laohu8.com/m/news/1138874560?lang=&edition=full","pubTime":"2021-02-10 17:23","market":"us","language":"en","title":"Cisco faces uncertainties as many continue to work from home","url":"https://stock-news.laohu8.com/highlight/detail?id=1138874560","media":"MarketWatch","summary":"Remote work causing delays in corporate-network upgrades\nNetworking giant Cisco Systems Inc. is look","content":"<p>Remote work causing delays in corporate-network upgrades</p>\n<p>Networking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November 2019, but some of its core equipment businesses are still hurting from the pandemic.</p>\n<p>On Tuesday, Cisco&nbsp;reported slightly better-than-expected fiscal second-quarter earnings,as it sees “gradual improvement” in order growth in its commercial, public sector and service-provider businesses, which make up nearly three-quarters of its product orders. But it also said that the corporate-enterprise business remained soft, due to long sales cycles and pauses in spending by companies during the pandemic.</p>\n<p>Among the areas most impacted by the pandemic, total product revenue was $8.6 billion, down 1%, and networking infrastructure platforms was down 3%.</p>\n<p>The company’s WebEx video-conferencing business again showed double-digit revenue growth, as companies continue to use it for group video meetings while employees are working from home.</p>\n<p>While remote work is a boon to Cisco’s video-conference software, it is causing delays in some network upgrade projects at corporate campuses. Cisco CEO Chuck Robbins said that employees eventually returning to the office will help its infrastructure sales, such as its switching and routing products, and its software-based networking service, called CAT 9000.</p>\n<p>“I really believe it’s going to be hybrid, where people are going to work from home and everybody is sort of landing here, where they’re going to work from home three days a week and work from the office two days a week and vice versa,” Robbins said. “The question is what accommodations does that lead to for customers, based on employees’ concern over space issues, concern over future pandemics or other concerns. That’s what we just don’t know yet.”</p>\n<p>He added that some customers are now also starting to upgrade to the next generation of WiFi, called WiFi 6.</p>\n<p>The future of a hybrid workplace is also likely fueling that demand for WiFi 6, Robbins said. Many workers will still be video-conferencing into meetings taking place in the office, putting even more demands on corporate networks.</p>\n<p>Cisco said that it expects revenue in the fiscal third quarter to grow 3.5% to 5.5% year-over-year. The company’s guidance includes the fact that the third quarter will have an extra week, noted Cisco’s new Chief Financial Officer Scott Herren, who took over the job from Kelly Kramer.</p>\n<p>Investors were clearly hoping for more from Cisco, as they drove its shares down as the call progressed, with its stock off nearly 5% in after-hours trading. It appears that big network build-outs or upgrades are likely to continue to happen slowly, on an as-needed basis, as long as most of corporate America is still working from home.</p>","source":"market_watch","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>Cisco faces uncertainties as many continue to work from home</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\">\nCisco faces uncertainties as many continue to work from home\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 17:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/cisco-faces-uncertainties-as-many-continue-to-work-from-home-11612919510?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Remote work causing delays in corporate-network upgrades\nNetworking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November ...</p>\n\n<a href=\"https://www.marketwatch.com/story/cisco-faces-uncertainties-as-many-continue-to-work-from-home-11612919510?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科"},"source_url":"https://www.marketwatch.com/story/cisco-faces-uncertainties-as-many-continue-to-work-from-home-11612919510?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1138874560","content_text":"Remote work causing delays in corporate-network upgrades\nNetworking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November 2019, but some of its core equipment businesses are still hurting from the pandemic.\nOn Tuesday, Cisco reported slightly better-than-expected fiscal second-quarter earnings,as it sees “gradual improvement” in order growth in its commercial, public sector and service-provider businesses, which make up nearly three-quarters of its product orders. But it also said that the corporate-enterprise business remained soft, due to long sales cycles and pauses in spending by companies during the pandemic.\nAmong the areas most impacted by the pandemic, total product revenue was $8.6 billion, down 1%, and networking infrastructure platforms was down 3%.\nThe company’s WebEx video-conferencing business again showed double-digit revenue growth, as companies continue to use it for group video meetings while employees are working from home.\nWhile remote work is a boon to Cisco’s video-conference software, it is causing delays in some network upgrade projects at corporate campuses. Cisco CEO Chuck Robbins said that employees eventually returning to the office will help its infrastructure sales, such as its switching and routing products, and its software-based networking service, called CAT 9000.\n“I really believe it’s going to be hybrid, where people are going to work from home and everybody is sort of landing here, where they’re going to work from home three days a week and work from the office two days a week and vice versa,” Robbins said. “The question is what accommodations does that lead to for customers, based on employees’ concern over space issues, concern over future pandemics or other concerns. That’s what we just don’t know yet.”\nHe added that some customers are now also starting to upgrade to the next generation of WiFi, called WiFi 6.\nThe future of a hybrid workplace is also likely fueling that demand for WiFi 6, Robbins said. Many workers will still be video-conferencing into meetings taking place in the office, putting even more demands on corporate networks.\nCisco said that it expects revenue in the fiscal third quarter to grow 3.5% to 5.5% year-over-year. The company’s guidance includes the fact that the third quarter will have an extra week, noted Cisco’s new Chief Financial Officer Scott Herren, who took over the job from Kelly Kramer.\nInvestors were clearly hoping for more from Cisco, as they drove its shares down as the call progressed, with its stock off nearly 5% in after-hours trading. It appears that big network build-outs or upgrades are likely to continue to happen slowly, on an as-needed basis, as long as most of corporate America is still working from home.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":183218027,"gmtCreate":1623332593369,"gmtModify":1631883741373,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>&nbsp;What did i say earlier? Fast bucks!&nbsp;","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>&nbsp;What did i say earlier? Fast bucks!&nbsp;","text":"$Histogenics(OCGN)$ What did i say earlier? Fast bucks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183218027","isVote":1,"tweetType":1,"viewCount":667,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354632012,"gmtCreate":1617165419436,"gmtModify":1634522306582,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Will wait patiently for this","listText":"Will wait patiently for this","text":"Will wait patiently for this","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/354632012","repostId":"1163996400","repostType":4,"repost":{"id":"1163996400","kind":"news","pubTimestamp":1617094880,"share":"https://www.laohu8.com/m/news/1163996400?lang=&edition=full","pubTime":"2021-03-30 17:01","market":"us","language":"en","title":"Coursera: The Education Disruptor Goes Public","url":"https://stock-news.laohu8.com/highlight/detail?id=1163996400","media":"seekingalpha","summary":"SummaryThe company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic","content":"<p><b>Summary</b></p><ul><li>The company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic.</li><li>It is operating in a huge addressable market that is likely to grow for the foreseeable future.</li><li>Coursera enjoys many competitive advantages, among them a large, existing user base, price-to-cost advantages, and the ability to personalize content as a result of its trove of data.</li><li>Given its scale, and competitive advantages, the company should win an outsized share of its market opportunity.</li><li>However, because the company has not turned a profit, there is a chance that its stock may be too volatile in the near term. Buying when the company turns a profit is the safer bet.</li></ul><p>Coursera (COURS), the online learning platform founded in 2012 by former Stanford University computer science professors Daphne Koller and Andrew Ng, filed itsIPO prospectuswith the Securities and Exchange Commission (SEC). The Mountain View, California-based company offers individuals access to over 4,000 Massive Open Online Courses (MOOCs) from 200 educational institutions and corporations. The company also offers over two dozen degree programs at prices lower than what a learner would pay at a traditional, in-person institution. As the company grows its offering, it will be able to compete head-to-head with other “online program management” (OPM) providers, such as 2U(NASDAQ:TWOU), which is already publicly traded, and Noodle Partners.</p><p>Ng’sshareholder letter in the S-1articulated clearly just what the company is about:</p><blockquote>“We believe that education is the source of human progress. In today’s economy in which the skills needed to succeed are rapidly evolving, education is becoming more important than ever. As automation and digital disruption are poised to replace unprecedented numbers of jobs worldwide, giving workers the opportunity to upskill and reskill will be crucial to raising global living standards and increasing social equity. Online education will play a critical role, enabling anyone, anywhere, to gain the valuable skills they need to earn a living in an increasingly digital economy.”</blockquote><p>The filing lists Morgan Stanley, Goldman Sachs and Citigroup as underwriters. The number of shares and the price range of the proposed offering are yet to be determined.According to PitchBook data, Coursera’s most recent valuation in the private markets was $2.5 billion. To date, the company has raised $464 million in venture capital, most recently,$130 million in a Series F roundlast July. Coursera’s biggest institutional shareholders are New Enterprise Associates (18.3% of company stock), G Squared (15.9%) and Kleiner Perkins (9.2%).</p><p><b>Operating Results</b></p><p>The company earned $293 million in revenues for the fiscal year ended December 31, 2020, up 59% from 2019. Net losses widened by about $20 million year-on-year, reaching $66.8 million in 2020. Revenues shot up as a result of the Covid-19 pandemic’s effect on traditional education. In tandem with rising demand, operating costs associated with the company’s services rose, largely driven by the freemium content and marketing expenses. Coursera added over 12,000 new degree learners across the two years ended December 31, 2020 at an average acquisition cost of just below $2,000. The number of registered users rose by 65% year-on-year in 2020. Coursera’s accumulated deficit since its founding stood at $343.6 million as of December 31, 2020. The company does not expect to turn a profit in the foreseeable future.</p><p>The company’sCoursera for Campus,launched in late 2019to enable colleges to offer its library of MOOCs to their students, has been a key driver of recent revenue growth. At the start of the pandemic, Coursera made the program free to tertiary institutions until Sept. 30, 2020. Over 4,000 tertiary institutions from across the world signed up for the program, which, according to the company’s S-1 filing, makes it, “one of our fastest growing offerings”. As of December 31, 2020, over 130 tertiary institutions were paying for it.</p><p>At this point, it is hard to predict what the end of the pandemic would have on the company’s operating results.</p><p><b>The Strategy and Market Opportunity</b></p><p>Coursera is one of the most disruptive firms in the world. It has a flywheel approach to value creation, with significant price-to-cost advantages versus its competition. The company reported that about half of its new degree students in 2020 had been previously registered with Coursera and that its average student acquisition cost was less than $2,000. Its average student acquisition cost is lower than the industry standard. The edu-tech platform is able to efficiently acquire learners at scale because of the huge number of free, high-quality courses that it offers in partnership with top educational institutions and corporations; its ability to personalize content based on its wealth of data; the strength of word-of-mouth promotion by learners; the profitability of its affiliate paid marketing channel.</p><p>The platform offers a number of education tracks, for example:</p><ul><li>Specializations: A learner can pay between $39 and $99 a month for job-specific content across over 500 categories.</li><li>MasterTrack Certificates: For a quarter to a year, a learner can earn a certificate issued by a university-issued certificate. Prices range from $2,000 to $6,000.</li><li>Bachelor’s or Master’s Degrees: Fees range from $9,000 to $45,000.</li><li>Coursera for Enterprise: Through this platform, businesses, educational institutions and governments can deploy content to their learners.</li></ul><p>In response to the Covid-19 pandemic, Coursera partnered with over 330 government agencies across 30 U.S. states and cities and 70 countries as part of itsCoursera Workforce Recovery Initiative, which gave governments the chance to offer unemployed workers free access to thousands of business, data science, and technology courses from companies such as Amazon(NASDAQ:AMZN)and Google(NASDAQ:GOOG)(NASDAQ:GOOGL).</p><p>The company has 77 million registered learners, as well as over 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies who paid for its enterprise offerings. The majority of its revenue (51%) was earned outside of the United States. Converting only a fraction of its 77 million registered users into paid users would change the economics of customer acquisition. The company’s present scale is a huge competitive advantage in the market.</p><p>A learner’s curriculum is designed to be “stackable”, which is to say that a learner can go through a domain in an incremental fashion. The company is able to leverage the huge volume of data it has accumulated from its over 220 million enrollments to personalize content. So, for example, Coursera’s Skills Graphs can suggest paths for job skills.</p><p>Coursera uses technology to drive down distribution costs, make content more affordable, extend access to less economically-endowed regions, help learners keep abreast of emerging skills, and grow its market opportunity. The Covid-19 pandemic has only accelerated secular trends towards the use of technology in education.</p><p>The size of the addressable market is massive and it’s easy to see why.An August 2020 study by the United Nationsdemonstrates the degree of disruption brought on by the Covid-19 pandemic: of the 1.6 billion students in 190 countries covered in the report, or 94% of the world’s students, were prevented from going to school because of Covid-19 pandemic related school closures.</p><p>In 2017, the World Bank indicated thatof the 200 million college students in the world, many do not have job-specific skills.</p><p>The Covid-19 pandemic and prior secular trends suggest that the future of education is in blended classrooms, job-specific education and continuous, lifelong education. Online learning platforms like Coursera will be the primary means through which educational content is delivered.</p><p>Globally, spending on higher education in 2019 was $2.2 trillion,according to HolonIQ. Spending on online degrees was $36 billion and is predicted to reach $74 billion by 2025.</p><p>With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.</p><p><b>Conclusion</b></p><p>Coursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.</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>Coursera: The Education Disruptor Goes Public</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\">\nCoursera: The Education Disruptor Goes Public\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 17:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4413745-coursera-education-disruptor-goes-public><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic.It is operating in a huge addressable market that is likely to grow for the foreseeable future.C...</p>\n\n<a href=\"https://seekingalpha.com/article/4413745-coursera-education-disruptor-goes-public\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/7cedd6cbf23bbe97eaec389fb0773ed6","relate_stocks":{"COUR":"Coursera, Inc."},"source_url":"https://seekingalpha.com/article/4413745-coursera-education-disruptor-goes-public","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1163996400","content_text":"SummaryThe company is growing rapidly as a result of secular trends as well as the Covid-19 pandemic.It is operating in a huge addressable market that is likely to grow for the foreseeable future.Coursera enjoys many competitive advantages, among them a large, existing user base, price-to-cost advantages, and the ability to personalize content as a result of its trove of data.Given its scale, and competitive advantages, the company should win an outsized share of its market opportunity.However, because the company has not turned a profit, there is a chance that its stock may be too volatile in the near term. Buying when the company turns a profit is the safer bet.Coursera (COURS), the online learning platform founded in 2012 by former Stanford University computer science professors Daphne Koller and Andrew Ng, filed itsIPO prospectuswith the Securities and Exchange Commission (SEC). The Mountain View, California-based company offers individuals access to over 4,000 Massive Open Online Courses (MOOCs) from 200 educational institutions and corporations. The company also offers over two dozen degree programs at prices lower than what a learner would pay at a traditional, in-person institution. As the company grows its offering, it will be able to compete head-to-head with other “online program management” (OPM) providers, such as 2U(NASDAQ:TWOU), which is already publicly traded, and Noodle Partners.Ng’sshareholder letter in the S-1articulated clearly just what the company is about:“We believe that education is the source of human progress. In today’s economy in which the skills needed to succeed are rapidly evolving, education is becoming more important than ever. As automation and digital disruption are poised to replace unprecedented numbers of jobs worldwide, giving workers the opportunity to upskill and reskill will be crucial to raising global living standards and increasing social equity. Online education will play a critical role, enabling anyone, anywhere, to gain the valuable skills they need to earn a living in an increasingly digital economy.”The filing lists Morgan Stanley, Goldman Sachs and Citigroup as underwriters. The number of shares and the price range of the proposed offering are yet to be determined.According to PitchBook data, Coursera’s most recent valuation in the private markets was $2.5 billion. To date, the company has raised $464 million in venture capital, most recently,$130 million in a Series F roundlast July. Coursera’s biggest institutional shareholders are New Enterprise Associates (18.3% of company stock), G Squared (15.9%) and Kleiner Perkins (9.2%).Operating ResultsThe company earned $293 million in revenues for the fiscal year ended December 31, 2020, up 59% from 2019. Net losses widened by about $20 million year-on-year, reaching $66.8 million in 2020. Revenues shot up as a result of the Covid-19 pandemic’s effect on traditional education. In tandem with rising demand, operating costs associated with the company’s services rose, largely driven by the freemium content and marketing expenses. Coursera added over 12,000 new degree learners across the two years ended December 31, 2020 at an average acquisition cost of just below $2,000. The number of registered users rose by 65% year-on-year in 2020. Coursera’s accumulated deficit since its founding stood at $343.6 million as of December 31, 2020. The company does not expect to turn a profit in the foreseeable future.The company’sCoursera for Campus,launched in late 2019to enable colleges to offer its library of MOOCs to their students, has been a key driver of recent revenue growth. At the start of the pandemic, Coursera made the program free to tertiary institutions until Sept. 30, 2020. Over 4,000 tertiary institutions from across the world signed up for the program, which, according to the company’s S-1 filing, makes it, “one of our fastest growing offerings”. As of December 31, 2020, over 130 tertiary institutions were paying for it.At this point, it is hard to predict what the end of the pandemic would have on the company’s operating results.The Strategy and Market OpportunityCoursera is one of the most disruptive firms in the world. It has a flywheel approach to value creation, with significant price-to-cost advantages versus its competition. The company reported that about half of its new degree students in 2020 had been previously registered with Coursera and that its average student acquisition cost was less than $2,000. Its average student acquisition cost is lower than the industry standard. The edu-tech platform is able to efficiently acquire learners at scale because of the huge number of free, high-quality courses that it offers in partnership with top educational institutions and corporations; its ability to personalize content based on its wealth of data; the strength of word-of-mouth promotion by learners; the profitability of its affiliate paid marketing channel.The platform offers a number of education tracks, for example:Specializations: A learner can pay between $39 and $99 a month for job-specific content across over 500 categories.MasterTrack Certificates: For a quarter to a year, a learner can earn a certificate issued by a university-issued certificate. Prices range from $2,000 to $6,000.Bachelor’s or Master’s Degrees: Fees range from $9,000 to $45,000.Coursera for Enterprise: Through this platform, businesses, educational institutions and governments can deploy content to their learners.In response to the Covid-19 pandemic, Coursera partnered with over 330 government agencies across 30 U.S. states and cities and 70 countries as part of itsCoursera Workforce Recovery Initiative, which gave governments the chance to offer unemployed workers free access to thousands of business, data science, and technology courses from companies such as Amazon(NASDAQ:AMZN)and Google(NASDAQ:GOOG)(NASDAQ:GOOGL).The company has 77 million registered learners, as well as over 2,000 businesses (including 25% of Fortune 500 companies) and 100 government agencies who paid for its enterprise offerings. The majority of its revenue (51%) was earned outside of the United States. Converting only a fraction of its 77 million registered users into paid users would change the economics of customer acquisition. The company’s present scale is a huge competitive advantage in the market.A learner’s curriculum is designed to be “stackable”, which is to say that a learner can go through a domain in an incremental fashion. The company is able to leverage the huge volume of data it has accumulated from its over 220 million enrollments to personalize content. So, for example, Coursera’s Skills Graphs can suggest paths for job skills.Coursera uses technology to drive down distribution costs, make content more affordable, extend access to less economically-endowed regions, help learners keep abreast of emerging skills, and grow its market opportunity. The Covid-19 pandemic has only accelerated secular trends towards the use of technology in education.The size of the addressable market is massive and it’s easy to see why.An August 2020 study by the United Nationsdemonstrates the degree of disruption brought on by the Covid-19 pandemic: of the 1.6 billion students in 190 countries covered in the report, or 94% of the world’s students, were prevented from going to school because of Covid-19 pandemic related school closures.In 2017, the World Bank indicated thatof the 200 million college students in the world, many do not have job-specific skills.The Covid-19 pandemic and prior secular trends suggest that the future of education is in blended classrooms, job-specific education and continuous, lifelong education. Online learning platforms like Coursera will be the primary means through which educational content is delivered.Globally, spending on higher education in 2019 was $2.2 trillion,according to HolonIQ. Spending on online degrees was $36 billion and is predicted to reach $74 billion by 2025.With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.ConclusionCoursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":260,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357861753,"gmtCreate":1617259424772,"gmtModify":1634521756154,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Diamond hands?","listText":"Diamond hands?","text":"Diamond hands?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/357861753","repostId":"1196008529","repostType":4,"repost":{"id":"1196008529","kind":"news","pubTimestamp":1617258986,"share":"https://www.laohu8.com/m/news/1196008529?lang=&edition=full","pubTime":"2021-04-01 14:36","market":"us","language":"en","title":"Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’","url":"https://stock-news.laohu8.com/highlight/detail?id=1196008529","media":"Financial Times","summary":"Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening d","content":"<p>Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening day</p>\n<p>Short sellers, an unfortunate roadshow and terrible timing were all blamed as Deliveroo lost more than a quarter of its value on its first day of trading, becoming in the words of one of its bankers: “the worst IPO in London’s history”.</p>\n<p>Shares in the food delivery app closed on Wednesday at 287p, 26 per cent down, wiping almost £2bn from its opening £7.6bn market capitalisation, despite frantic efforts by its lead bankers Goldman Sachs and JPMorgan to shore up the stock.</p>\n<p>The dramatic failure of London’s biggest tech IPO is likely to damp hopes of the British government to attract other high-growth companies to list in the UK, ahead of growing competition from exchanges such as Amsterdam.</p>\n<p>“I really hope that this doesn’t shut down the IPO market” in London, said one person close to the listing, pointing to the long hangover from Funding Circle’s dismal debut in 2018. “It’s a big risk.”</p>\n<p>Several of Deliveroo’s advisers, bankers and investors were quick to blame short sellers for the opening plunge. “At least three hedge funds have very actively gone short this morning, enabled by banks outside of the syndicate [of the IPO],” said one person directly working on the deal. “The opening move was very sharp.”</p>\n<p>But others in the market raised questions about the company’s roadshow and said Deliveroo had priced its offering badly, especially after encountering a rebellion from several large British fund managers against its dual-class share structure.</p>\n<p>Deliveroo’s advisers, who collected £49m in fees from the company and several million more from Deliveroo’s selling shareholders, unnerved some buyers by refusing to identify the three “anchor investors” who they said were supporting the IPO.</p>\n<p>These anchors were said to be based outside the UK, with one of them already a shareholder in Deliveroo through private investment ahead of the IPO, according to a person familiar with the situation.</p>\n<p>“We were told throughout that the institutional book was four or five times covered but the maths of that seem doubtful now,” said another person close to the process.</p>\n<p>The roadshow ran into further trouble over the dual-class shares that gave Will Shu, chief executive, outsized voting rights, but which meant Deliveroo would not debut into the FTSE 100 index, depriving it of investment from passive tracker funds, and which triggered outrage from a several large British fund managers.</p>\n<p>“A lot of this could have been avoided if Will hadn’t insisted on a dual-class share structure,” said one tech investor. “That was driving a lot of the pushback in London.”</p>\n<p>Meanwhile, the market’s appetite for racy tech stocks waned dramatically after the company launched its IPO, as bond yields rose and investors began to rotate out of the sector. Share prices for Deliveroo’s peers DoorDash and Delivery Hero have both weakened over the past month.</p>\n<p>Deliveroo’s record of heavy losses, even as growth was turbocharged during the pandemic, and uncertainty about whether online food delivery will continue to thrive after lockdowns are lifted, was enough to put off some investors. Others were concerned about the rising cost of regulation on the gig economy.</p>\n<p>But London listing rules meant that, even as bankers steered the price to the bottom of the target range earlier this week, they were unable to go any lower than the final 390p per share level without pulling the IPO altogether.</p>\n<p>That was not an option for Deliveroo, which lost £224m last year in a highly competitive market and warned regulators a year ago that it had come close to bankruptcy. Despite the first-day drop, Deliveroo raised £1.5bn from the IPO for the company and its investors, giving it firepower to take on rivals such as Uber and Just Eat Takeaway.com.</p>\n<p>Finally, the timing of the IPO was also blamed by James Bevan, chief investment officer at CCLA, an investment manager for religious and charitable organisations, who pointed to the low volumes of trading and noted that fund managers tend to shy away from taking new positions ahead of the end of a quarter.</p>\n<p>“Very few people are exhibiting any appetite to buy the shares,” he said, noting that only 50m of shares have traded so far.</p>\n<p>Bevan added that very few institutional investors who had not already taken a position in Deliveroo would want to buy a potentially volatile stock on the final day of March, because they have to produce quarterly reports on performance.</p>\n<p>“At the end of quarter there is a lack of enthusiasm by institutional investors to take positions,” he said. “Institutions are typically unwilling to take new positions knowing that it could be a downdraft.”</p>\n<p>Whatever the reason for Wednesday’s performance, and how Deliveroo trades over the longer term, several tech investors privately expressed frustration.</p>\n<p>They accused fund managers of posturing over ethical issues such as worker treatment in order to attack the UK government’s plans to ease more dual-class listings. They suggested more UK entrepreneurs would be likely to follow the example of Cazoo, one of London’s fastest-growing internet companies, which this week agreed a deal to go public in New York via a special purpose acquisition company.</p>\n<p>Rishi Sunak, the UK chancellor, who is keen to lure more tech companies to London and who hailed Deliveroo as a “true British success story” was forced to deny that he was embarrassed by the stock’s performance.</p>\n<p>“Gosh, no . . . share prices go up, share prices go down,” he told ITV, pointing to the eventual success of Facebook, which also had a rocky start to life as a public company in 2012.</p>\n<p>Optimists also pointed to Ocado, another food delivery company that had a turbulent start to its IPO in 2010. Subsequently, its share price has increased more than tenfold.</p>\n<p>“Founders shouldn’t be deterred from listing their businesses in London,” said Mark Tluszcz, chief executive at tech investor Mangrove Capital Partners. “Deliveroo is just an overpriced company.”</p>\n<p>Additional reporting by Siddharth Venkataramakrishnan, Daniel Thomas and Katie Martin</p>","source":"lsy1580170736413","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>Disaster strikes as Deliveroo becomes ‘worst IPO in London’s history’</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; 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}\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\">\nDisaster strikes as Deliveroo becomes ‘worst IPO in London’s history’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-01 14:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d><strong>Financial Times</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening day\nShort sellers, an unfortunate roadshow and terrible timing were all blamed as Deliveroo lost more...</p>\n\n<a href=\"https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.ft.com/content/bdf6ac6b-46b5-4f7a-90db-291d7fd2898d","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1196008529","content_text":"Short sellers and bad advice both blamed as food delivery app falls more than a quarter on opening day\nShort sellers, an unfortunate roadshow and terrible timing were all blamed as Deliveroo lost more than a quarter of its value on its first day of trading, becoming in the words of one of its bankers: “the worst IPO in London’s history”.\nShares in the food delivery app closed on Wednesday at 287p, 26 per cent down, wiping almost £2bn from its opening £7.6bn market capitalisation, despite frantic efforts by its lead bankers Goldman Sachs and JPMorgan to shore up the stock.\nThe dramatic failure of London’s biggest tech IPO is likely to damp hopes of the British government to attract other high-growth companies to list in the UK, ahead of growing competition from exchanges such as Amsterdam.\n“I really hope that this doesn’t shut down the IPO market” in London, said one person close to the listing, pointing to the long hangover from Funding Circle’s dismal debut in 2018. “It’s a big risk.”\nSeveral of Deliveroo’s advisers, bankers and investors were quick to blame short sellers for the opening plunge. “At least three hedge funds have very actively gone short this morning, enabled by banks outside of the syndicate [of the IPO],” said one person directly working on the deal. “The opening move was very sharp.”\nBut others in the market raised questions about the company’s roadshow and said Deliveroo had priced its offering badly, especially after encountering a rebellion from several large British fund managers against its dual-class share structure.\nDeliveroo’s advisers, who collected £49m in fees from the company and several million more from Deliveroo’s selling shareholders, unnerved some buyers by refusing to identify the three “anchor investors” who they said were supporting the IPO.\nThese anchors were said to be based outside the UK, with one of them already a shareholder in Deliveroo through private investment ahead of the IPO, according to a person familiar with the situation.\n“We were told throughout that the institutional book was four or five times covered but the maths of that seem doubtful now,” said another person close to the process.\nThe roadshow ran into further trouble over the dual-class shares that gave Will Shu, chief executive, outsized voting rights, but which meant Deliveroo would not debut into the FTSE 100 index, depriving it of investment from passive tracker funds, and which triggered outrage from a several large British fund managers.\n“A lot of this could have been avoided if Will hadn’t insisted on a dual-class share structure,” said one tech investor. “That was driving a lot of the pushback in London.”\nMeanwhile, the market’s appetite for racy tech stocks waned dramatically after the company launched its IPO, as bond yields rose and investors began to rotate out of the sector. Share prices for Deliveroo’s peers DoorDash and Delivery Hero have both weakened over the past month.\nDeliveroo’s record of heavy losses, even as growth was turbocharged during the pandemic, and uncertainty about whether online food delivery will continue to thrive after lockdowns are lifted, was enough to put off some investors. Others were concerned about the rising cost of regulation on the gig economy.\nBut London listing rules meant that, even as bankers steered the price to the bottom of the target range earlier this week, they were unable to go any lower than the final 390p per share level without pulling the IPO altogether.\nThat was not an option for Deliveroo, which lost £224m last year in a highly competitive market and warned regulators a year ago that it had come close to bankruptcy. Despite the first-day drop, Deliveroo raised £1.5bn from the IPO for the company and its investors, giving it firepower to take on rivals such as Uber and Just Eat Takeaway.com.\nFinally, the timing of the IPO was also blamed by James Bevan, chief investment officer at CCLA, an investment manager for religious and charitable organisations, who pointed to the low volumes of trading and noted that fund managers tend to shy away from taking new positions ahead of the end of a quarter.\n“Very few people are exhibiting any appetite to buy the shares,” he said, noting that only 50m of shares have traded so far.\nBevan added that very few institutional investors who had not already taken a position in Deliveroo would want to buy a potentially volatile stock on the final day of March, because they have to produce quarterly reports on performance.\n“At the end of quarter there is a lack of enthusiasm by institutional investors to take positions,” he said. “Institutions are typically unwilling to take new positions knowing that it could be a downdraft.”\nWhatever the reason for Wednesday’s performance, and how Deliveroo trades over the longer term, several tech investors privately expressed frustration.\nThey accused fund managers of posturing over ethical issues such as worker treatment in order to attack the UK government’s plans to ease more dual-class listings. They suggested more UK entrepreneurs would be likely to follow the example of Cazoo, one of London’s fastest-growing internet companies, which this week agreed a deal to go public in New York via a special purpose acquisition company.\nRishi Sunak, the UK chancellor, who is keen to lure more tech companies to London and who hailed Deliveroo as a “true British success story” was forced to deny that he was embarrassed by the stock’s performance.\n“Gosh, no . . . share prices go up, share prices go down,” he told ITV, pointing to the eventual success of Facebook, which also had a rocky start to life as a public company in 2012.\nOptimists also pointed to Ocado, another food delivery company that had a turbulent start to its IPO in 2010. Subsequently, its share price has increased more than tenfold.\n“Founders shouldn’t be deterred from listing their businesses in London,” said Mark Tluszcz, chief executive at tech investor Mangrove Capital Partners. “Deliveroo is just an overpriced company.”\nAdditional reporting by Siddharth Venkataramakrishnan, Daniel Thomas and Katie Martin","news_type":1},"isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183604895,"gmtCreate":1623326325017,"gmtModify":1631883741461,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>&nbsp;just means a bit longer for a full approval. Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then","listText":"<a href=\"https://laohu8.com/S/OCGN\">$Histogenics(OCGN)$</a>&nbsp;just means a bit longer for a full approval. Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then","text":"$Histogenics(OCGN)$ just means a bit longer for a full approval. Which means better marketability for the vaccine. Why would people start selling? Csnt wait? Buy on dip for me then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183604895","isVote":1,"tweetType":1,"viewCount":961,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":189999718,"gmtCreate":1623237679034,"gmtModify":1634035514219,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Apes tgt strong!&nbsp;","listText":"Apes tgt strong!&nbsp;","text":"Apes tgt strong!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/189999718","repostId":"2142521367","repostType":2,"repost":{"id":"2142521367","kind":"news","pubTimestamp":1623237285,"share":"https://www.laohu8.com/m/news/2142521367?lang=&edition=full","pubTime":"2021-06-09 19:14","market":"us","language":"en","title":"Newest Meme Stocks Extend Gains as Craze Shows No Sign of Fading","url":"https://stock-news.laohu8.com/highlight/detail?id=2142521367","media":"Bloomberg","summary":"ContextLogic, Clover Health surge in premarket trading\nWendy’s brushes aside Stifel downgrade to pos","content":"<ul>\n <li>ContextLogic, Clover Health surge in premarket trading</li>\n <li>Wendy’s brushes aside Stifel downgrade to post further advance</li>\n</ul>\n<p>The newest additions to the meme-stock frenzy surged in premarket trading as retail traders latched on to their latest favorites.</p>\n<p>ContextLogic Inc.soared 32% andClover Health Investments Corp.rose 17% as of 6:30 a.m. in New York, both extending huge gains on Tuesday. Fast-food restaurant chainWendy’s Inc.edged higher, extending Tuesday’s 26% advance and brushing aside a downgrade from Stifel.</p>\n<p><img src=\"https://static.tigerbbs.com/52b64a1e02f59fce44926b69967d1803\" tg-width=\"1200\" tg-height=\"675\" referrerpolicy=\"no-referrer\">There’s no sign of the meme-stock craze slowing as members of Reddit’s WallStreetBets forum egg on retail traders to take on professional short sellers. The U.S. Securities and Exchange Commissionsaid this weekit’s scrutinizing markets for signs of manipulation as the likes of AMC Entertainment Holdings Inc. continue to surge. GameStop Inc, which started the craze in January, reports first-quarter results after Wednesday’s close.</p>\n<p>GameStopResults Barely Matter AfterReddit-Fueled 1,490% Surge</p>\n<p>Gains for ContextLogic, the operator of discount online retailer Wish.com, follow discussion of a potential short squeeze on the WallStreetBets forum. Clover Health, a health insurer backed by venture capitalist Chamath Palihapitiya, is in demand after retail traders realized that short sellers had been swelling their bets against the stock.</p>\n<p>Chatter has built on WallStreetBets this week on the potential for short squeezes, following similar successful ploys on meme stocks including Workhorse Group Inc. and Richard Branson’s space exploration company Virgin Galactic Holdings Inc. Workhorse shares are up 13% in premarket trading, with otherso-called meme stocksalso gaining.</p>\n<p>Wendy’s was downgraded to hold from buy at Stifel, which said the stock’s valuation now fully reflects the growth it had been assuming to reach its target price of $25. Analyst Chris O’Cull said in a note that he’s still “constructive toward the company’s fundamental outlook.”</p>\n<p></p>\n<p></p>","source":"lsy1584095487587","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>Newest Meme Stocks Extend Gains as Craze Shows No Sign of Fading</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\">\nNewest Meme Stocks Extend Gains as Craze Shows No Sign of Fading\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 19:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ContextLogic, Clover Health surge in premarket trading\nWendy’s brushes aside Stifel downgrade to post further advance\n\nThe newest additions to the meme-stock frenzy surged in premarket trading as ...</p>\n\n<a href=\"https://www.bloomberg.com/asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc."},"source_url":"https://www.bloomberg.com/asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142521367","content_text":"ContextLogic, Clover Health surge in premarket trading\nWendy’s brushes aside Stifel downgrade to post further advance\n\nThe newest additions to the meme-stock frenzy surged in premarket trading as retail traders latched on to their latest favorites.\nContextLogic Inc.soared 32% andClover Health Investments Corp.rose 17% as of 6:30 a.m. in New York, both extending huge gains on Tuesday. Fast-food restaurant chainWendy’s Inc.edged higher, extending Tuesday’s 26% advance and brushing aside a downgrade from Stifel.\nThere’s no sign of the meme-stock craze slowing as members of Reddit’s WallStreetBets forum egg on retail traders to take on professional short sellers. The U.S. Securities and Exchange Commissionsaid this weekit’s scrutinizing markets for signs of manipulation as the likes of AMC Entertainment Holdings Inc. continue to surge. GameStop Inc, which started the craze in January, reports first-quarter results after Wednesday’s close.\nGameStopResults Barely Matter AfterReddit-Fueled 1,490% Surge\nGains for ContextLogic, the operator of discount online retailer Wish.com, follow discussion of a potential short squeeze on the WallStreetBets forum. Clover Health, a health insurer backed by venture capitalist Chamath Palihapitiya, is in demand after retail traders realized that short sellers had been swelling their bets against the stock.\nChatter has built on WallStreetBets this week on the potential for short squeezes, following similar successful ploys on meme stocks including Workhorse Group Inc. and Richard Branson’s space exploration company Virgin Galactic Holdings Inc. Workhorse shares are up 13% in premarket trading, with otherso-called meme stocksalso gaining.\nWendy’s was downgraded to hold from buy at Stifel, which said the stock’s valuation now fully reflects the growth it had been assuming to reach its target price of $25. Analyst Chris O’Cull said in a note that he’s still “constructive toward the company’s fundamental outlook.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":177,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":381484307,"gmtCreate":1612975617809,"gmtModify":1703767934252,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Stonks","listText":"Stonks","text":"Stonks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/381484307","repostId":"2110425090","repostType":4,"repost":{"id":"2110425090","kind":"news","pubTimestamp":1612949548,"share":"https://www.laohu8.com/m/news/2110425090?lang=&edition=full","pubTime":"2021-02-10 17:32","market":"us","language":"en","title":"GameStop Revives Fights Over Stock Tax, HFT Firms Buying Orders","url":"https://stock-news.laohu8.com/highlight/detail?id=2110425090","media":"Bloomberg","summary":"Leading Democrats are calling for tougher financial regulation\nChanging the rules could be difficult","content":"<ul>\n <li>Leading Democrats are calling for tougher financial regulation</li>\n <li>Changing the rules could be difficult in a divided Congress</li>\n</ul>\n<p>Frenzied trading of&nbsp;GameStop Corp.and other companies last month is reviving debate in Washington about changes that Wall Street has long opposed, including taxing stock purchases, banning brokerages from selling their customers’ orders and reining in short-selling.</p>\n<p>The ideas being floated by some Democratic lawmakers have long been on the wish lists of consumer advocates, who argue they would prevent financial firms from preyingon retail investors and curb the excessive speculation that’s transformed the stock market into a casino, rather than a place where companies raise money to grow their businesses. But industry executives counter that policy revamps often have unintended consequences and that a transaction tax would ultimately increase trading costs for all shareholders.</p>\n<p>The January tumult -- sparked by readers of Reddit’s WallStreetBets chat room and users of&nbsp;Robinhood Markets’&nbsp;popular trading app -- will be examined by the House Financial Services Committee at a hearing next week and the Senate Banking Committee is planning to follow. While getting a rules overhaul through a bitterly divided Congress won’t be easy, here’s an overview from analysts, consumer advocates and other experts on what might be on the table:</p>\n<p><b>Payment for Order Flow</b></p>\n<p>At the heart of the zero-commission trading platforms offered by Robinhood and other online brokerages is so-called payment for order flow, in which the firms steer investor trades to high-volume market makers such as&nbsp;Citadel Securities&nbsp;in exchange for fees.</p>\n<p>The arrangements have helped expand access to stock markets by dramatically lowering costs for retail investors. Indeed, the free trades offered by Robinhood have become ubiquitous with competitors such as&nbsp;E*Trade Financial Corp.,Interactive Brokers Group Inc.and&nbsp;Charles Schwab Corp.all following suit.</p>\n<p>Citadel Securities,Virtu Financial Inc.and other firms that buy orders make money by taking advantage of minuscule price changes in the market -- seeking to almost instantaneously sell shares for more than they paid for them.</p>\n<p>Critics contend that payment for order flow can leave brokerages beholden to giant financial firms, including high-frequency traders, with their customers unaware of the potential conflicts. The Securities and Exchange Commission has also brought cases tied to the practice, including&nbsp;fining Robinhood $65 millionin December for allegedly failing to inform clients that it sold their orders -- claims that the firm didn’tadmitor deny.</p>\n<p>“Payment for order flow is essentially legalized bribery that creates conflict of interest that incentivize brokers to breach their duties to their clients,” said&nbsp;Better Markets Inc. Chief Executive Officer Dennis Kelleher, who wants to see it banned.</p>\n<p>Tyler Gellasch, a former Senate and SEC counsel who now leads the&nbsp;Healthy MarketsAssociation, offered a similarly caustic view.</p>\n<p>“In few other circumstances do we say, ‘Look on the one hand you have a duty to give customers the best prices; on the other hand you’re allowed to accept bribes and not pass it through, or even disclose to your customers how much they are,’” Gellasch said.</p>\n<p>But Graham Steele, a former Senate Banking Committee staff member who now leads the Corporations and Society Initiative at Stanford’s University’s Graduate School of Business, said challenges to payment for order flow have been raised in response to previous market disruptions, but lawmakers and the SEC have failed to find a way to address the problems it poses.</p>\n<p>“The same issues come up every time and there’s a reason that progress hasn’t been made,” Steele said. “A lot of the market participantsfeellike this is the worst option except for all the others.”</p>\n<p>One issue that might be particularly thorny for lawmakers who are skeptical of payment for order flow is that they probably have constituents who love trading stocks for free. Figuring out a way to boost safeguards while preserving that expectation for no-cost trades could be difficult.</p>\n<p>Financial Transaction Tax</p>\n<p>Discussion about imposing a tax on financial transactions dates back more than a decade, to when then-President Barack Obama’s administration thwarted plans for a levy that were advocated by congressional Democrats and the European Union after the 2008 financial crisis. More recently, Hillary Clinton campaigned for president in 2016 on a Democratic platform backing a transaction tax and Senator Bernie Sanders pushed the idea in his campaign for president last year.</p>\n<p>Transaction tax backers like Bartlett Naylor, a financial policy advocate for Public Citizen, say charging a few basis points every time a financial asset is traded would cut down on high-frequency trading and cause investors to think twice before making speculative bets. Opponents such as Tom Quaadman, who leads the&nbsp;U.S. Chamber of Commerce’ Center for Capital Markets Competitiveness, contend that such a tax would “increase the costs for pension funds and harm investors.”</p>\n<p>And even some supporters like Kelleher of Better Markets and Gellasch of Healthy Markets say a transaction tax wouldn’t have prevented the kind of wild trading that pushed GameStop shares to stratospheric levels.</p>\n<p>“I don’t think a financial transaction fee would have had any impact on the trading in the meme stocks,” Kelleher said, contending that the levels being proposed are too small to serve as a deterrent. Gellasch said high-frequency traders and other market intermediaries would simply pass their costs along to investors.</p>\n<p><b>Increased Disclosures for Short Sellers</b></p>\n<p>At present, hedge funds don’t have to disclose their positions when they bet against a company’s shares, as happened with GameStop. But should they be required to?</p>\n<p>Both Naylor of Public Citizen and Kelleher of Better Markets generally favor more regulation. “The world will not end if short-sellers have to disclose more information, because the world hasn’t ended in Europe,” Kelleher said.</p>\n<p>“Greater transparency there would be better for everybody,” Gellasch said. “It would also dispel some of the misinformation out there.”</p>\n<p>Gellasch added that there are nascent efforts in Congress to require more disclosure, but he cautioned against taking steps that would undermine what he and others see as the crucial role played by short-sellers in helping to keep share prices in line with a company’s potential earnings. That clearly got out of whack with GameStop, which closed as high as $347.51 a share last month despite not being expected to post a profit for years.</p>\n<p>“You do want to be careful, I don’t think you want to overcook it,” Gellasch said.</p>\n<p>Lynn Turner, a former SEC chief accountant, has argued that another issue lawmakers and regulators should examine is the size of short bets. Amid the GameStop frenzy, many market observers were shocked to learn that hedge funds and other professional investors had made bearish wagers against some companies that exceeded 100% of their stock, trading that Turner said looks like manipulation.</p>\n<p><b>What’s Next?</b></p>\n<p>The House plans to hold the first&nbsp;hearing&nbsp;on the GameStop mania Feb. 18. Payment for order flow, a tax on trades and short-selling rules will be debated significantly by lawmakers and witnesses, Gellasch predicts, with all three issues standing a good chance of being part of legislative proposals that emerge after the hearing.</p>\n<p>While a transaction tax requires action by Congress, Gellasch contends that the SEC already has authority to crack down on payments to brokers and to boost disclosure of short bets. But a demand from Capitol Hill -- or even lawmakers issuing a bill that never becomes law -- is often needed to get the agency to get moving on divisive policies, he said.</p>\n<p>“There’s a big difference between what they’re authorized to do and what they do,” Gellasch said. “Congressional legislation can sometimes nudge the SEC to do something.”</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>GameStop Revives Fights Over Stock Tax, HFT Firms Buying Orders</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop Revives Fights Over Stock Tax, HFT Firms Buying Orders\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 17:32 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-02-10/gamestop-revives-fights-over-stock-tax-hft-firms-buying-orders><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Leading Democrats are calling for tougher financial regulation\nChanging the rules could be difficult in a divided Congress\n\nFrenzied trading of GameStop Corp.and other companies last month is reviving...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-10/gamestop-revives-fights-over-stock-tax-hft-firms-buying-orders\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线",".DJI":"道琼斯","GME":"游戏驿站",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-10/gamestop-revives-fights-over-stock-tax-hft-firms-buying-orders","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2110425090","content_text":"Leading Democrats are calling for tougher financial regulation\nChanging the rules could be difficult in a divided Congress\n\nFrenzied trading of GameStop Corp.and other companies last month is reviving debate in Washington about changes that Wall Street has long opposed, including taxing stock purchases, banning brokerages from selling their customers’ orders and reining in short-selling.\nThe ideas being floated by some Democratic lawmakers have long been on the wish lists of consumer advocates, who argue they would prevent financial firms from preyingon retail investors and curb the excessive speculation that’s transformed the stock market into a casino, rather than a place where companies raise money to grow their businesses. But industry executives counter that policy revamps often have unintended consequences and that a transaction tax would ultimately increase trading costs for all shareholders.\nThe January tumult -- sparked by readers of Reddit’s WallStreetBets chat room and users of Robinhood Markets’ popular trading app -- will be examined by the House Financial Services Committee at a hearing next week and the Senate Banking Committee is planning to follow. While getting a rules overhaul through a bitterly divided Congress won’t be easy, here’s an overview from analysts, consumer advocates and other experts on what might be on the table:\nPayment for Order Flow\nAt the heart of the zero-commission trading platforms offered by Robinhood and other online brokerages is so-called payment for order flow, in which the firms steer investor trades to high-volume market makers such as Citadel Securities in exchange for fees.\nThe arrangements have helped expand access to stock markets by dramatically lowering costs for retail investors. Indeed, the free trades offered by Robinhood have become ubiquitous with competitors such as E*Trade Financial Corp.,Interactive Brokers Group Inc.and Charles Schwab Corp.all following suit.\nCitadel Securities,Virtu Financial Inc.and other firms that buy orders make money by taking advantage of minuscule price changes in the market -- seeking to almost instantaneously sell shares for more than they paid for them.\nCritics contend that payment for order flow can leave brokerages beholden to giant financial firms, including high-frequency traders, with their customers unaware of the potential conflicts. The Securities and Exchange Commission has also brought cases tied to the practice, including fining Robinhood $65 millionin December for allegedly failing to inform clients that it sold their orders -- claims that the firm didn’tadmitor deny.\n“Payment for order flow is essentially legalized bribery that creates conflict of interest that incentivize brokers to breach their duties to their clients,” said Better Markets Inc. Chief Executive Officer Dennis Kelleher, who wants to see it banned.\nTyler Gellasch, a former Senate and SEC counsel who now leads the Healthy MarketsAssociation, offered a similarly caustic view.\n“In few other circumstances do we say, ‘Look on the one hand you have a duty to give customers the best prices; on the other hand you’re allowed to accept bribes and not pass it through, or even disclose to your customers how much they are,’” Gellasch said.\nBut Graham Steele, a former Senate Banking Committee staff member who now leads the Corporations and Society Initiative at Stanford’s University’s Graduate School of Business, said challenges to payment for order flow have been raised in response to previous market disruptions, but lawmakers and the SEC have failed to find a way to address the problems it poses.\n“The same issues come up every time and there’s a reason that progress hasn’t been made,” Steele said. “A lot of the market participantsfeellike this is the worst option except for all the others.”\nOne issue that might be particularly thorny for lawmakers who are skeptical of payment for order flow is that they probably have constituents who love trading stocks for free. Figuring out a way to boost safeguards while preserving that expectation for no-cost trades could be difficult.\nFinancial Transaction Tax\nDiscussion about imposing a tax on financial transactions dates back more than a decade, to when then-President Barack Obama’s administration thwarted plans for a levy that were advocated by congressional Democrats and the European Union after the 2008 financial crisis. More recently, Hillary Clinton campaigned for president in 2016 on a Democratic platform backing a transaction tax and Senator Bernie Sanders pushed the idea in his campaign for president last year.\nTransaction tax backers like Bartlett Naylor, a financial policy advocate for Public Citizen, say charging a few basis points every time a financial asset is traded would cut down on high-frequency trading and cause investors to think twice before making speculative bets. Opponents such as Tom Quaadman, who leads the U.S. Chamber of Commerce’ Center for Capital Markets Competitiveness, contend that such a tax would “increase the costs for pension funds and harm investors.”\nAnd even some supporters like Kelleher of Better Markets and Gellasch of Healthy Markets say a transaction tax wouldn’t have prevented the kind of wild trading that pushed GameStop shares to stratospheric levels.\n“I don’t think a financial transaction fee would have had any impact on the trading in the meme stocks,” Kelleher said, contending that the levels being proposed are too small to serve as a deterrent. Gellasch said high-frequency traders and other market intermediaries would simply pass their costs along to investors.\nIncreased Disclosures for Short Sellers\nAt present, hedge funds don’t have to disclose their positions when they bet against a company’s shares, as happened with GameStop. But should they be required to?\nBoth Naylor of Public Citizen and Kelleher of Better Markets generally favor more regulation. “The world will not end if short-sellers have to disclose more information, because the world hasn’t ended in Europe,” Kelleher said.\n“Greater transparency there would be better for everybody,” Gellasch said. “It would also dispel some of the misinformation out there.”\nGellasch added that there are nascent efforts in Congress to require more disclosure, but he cautioned against taking steps that would undermine what he and others see as the crucial role played by short-sellers in helping to keep share prices in line with a company’s potential earnings. That clearly got out of whack with GameStop, which closed as high as $347.51 a share last month despite not being expected to post a profit for years.\n“You do want to be careful, I don’t think you want to overcook it,” Gellasch said.\nLynn Turner, a former SEC chief accountant, has argued that another issue lawmakers and regulators should examine is the size of short bets. Amid the GameStop frenzy, many market observers were shocked to learn that hedge funds and other professional investors had made bearish wagers against some companies that exceeded 100% of their stock, trading that Turner said looks like manipulation.\nWhat’s Next?\nThe House plans to hold the first hearing on the GameStop mania Feb. 18. Payment for order flow, a tax on trades and short-selling rules will be debated significantly by lawmakers and witnesses, Gellasch predicts, with all three issues standing a good chance of being part of legislative proposals that emerge after the hearing.\nWhile a transaction tax requires action by Congress, Gellasch contends that the SEC already has authority to crack down on payments to brokers and to boost disclosure of short bets. But a demand from Capitol Hill -- or even lawmakers issuing a bill that never becomes law -- is often needed to get the agency to get moving on divisive policies, he said.\n“There’s a big difference between what they’re authorized to do and what they do,” Gellasch said. “Congressional legislation can sometimes nudge the SEC to do something.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":79,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195626884,"gmtCreate":1621293877548,"gmtModify":1634192788256,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>yummy","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>yummy","text":"$Tiger Brokers(TIGR)$yummy","images":[{"img":"https://static.tigerbbs.com/9e96d2ffa372544af43493dacf7b4c1b","width":"1080","height":"1920"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195626884","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":381460129,"gmtCreate":1612975789961,"gmtModify":1703767937541,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Asian bosses cant live with the idea of wfh","listText":"Asian bosses cant live with the idea of wfh","text":"Asian bosses cant live with the idea of wfh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/381460129","repostId":"1138874560","repostType":4,"repost":{"id":"1138874560","kind":"news","pubTimestamp":1612949008,"share":"https://www.laohu8.com/m/news/1138874560?lang=&edition=full","pubTime":"2021-02-10 17:23","market":"us","language":"en","title":"Cisco faces uncertainties as many continue to work from home","url":"https://stock-news.laohu8.com/highlight/detail?id=1138874560","media":"MarketWatch","summary":"Remote work causing delays in corporate-network upgrades\nNetworking giant Cisco Systems Inc. is look","content":"<p>Remote work causing delays in corporate-network upgrades</p>\n<p>Networking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November 2019, but some of its core equipment businesses are still hurting from the pandemic.</p>\n<p>On Tuesday, Cisco&nbsp;reported slightly better-than-expected fiscal second-quarter earnings,as it sees “gradual improvement” in order growth in its commercial, public sector and service-provider businesses, which make up nearly three-quarters of its product orders. But it also said that the corporate-enterprise business remained soft, due to long sales cycles and pauses in spending by companies during the pandemic.</p>\n<p>Among the areas most impacted by the pandemic, total product revenue was $8.6 billion, down 1%, and networking infrastructure platforms was down 3%.</p>\n<p>The company’s WebEx video-conferencing business again showed double-digit revenue growth, as companies continue to use it for group video meetings while employees are working from home.</p>\n<p>While remote work is a boon to Cisco’s video-conference software, it is causing delays in some network upgrade projects at corporate campuses. Cisco CEO Chuck Robbins said that employees eventually returning to the office will help its infrastructure sales, such as its switching and routing products, and its software-based networking service, called CAT 9000.</p>\n<p>“I really believe it’s going to be hybrid, where people are going to work from home and everybody is sort of landing here, where they’re going to work from home three days a week and work from the office two days a week and vice versa,” Robbins said. “The question is what accommodations does that lead to for customers, based on employees’ concern over space issues, concern over future pandemics or other concerns. That’s what we just don’t know yet.”</p>\n<p>He added that some customers are now also starting to upgrade to the next generation of WiFi, called WiFi 6.</p>\n<p>The future of a hybrid workplace is also likely fueling that demand for WiFi 6, Robbins said. Many workers will still be video-conferencing into meetings taking place in the office, putting even more demands on corporate networks.</p>\n<p>Cisco said that it expects revenue in the fiscal third quarter to grow 3.5% to 5.5% year-over-year. The company’s guidance includes the fact that the third quarter will have an extra week, noted Cisco’s new Chief Financial Officer Scott Herren, who took over the job from Kelly Kramer.</p>\n<p>Investors were clearly hoping for more from Cisco, as they drove its shares down as the call progressed, with its stock off nearly 5% in after-hours trading. It appears that big network build-outs or upgrades are likely to continue to happen slowly, on an as-needed basis, as long as most of corporate America is still working from home.</p>","source":"market_watch","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>Cisco faces uncertainties as many continue to work from home</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\">\nCisco faces uncertainties as many continue to work from home\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-10 17:23 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/cisco-faces-uncertainties-as-many-continue-to-work-from-home-11612919510?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Remote work causing delays in corporate-network upgrades\nNetworking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November ...</p>\n\n<a href=\"https://www.marketwatch.com/story/cisco-faces-uncertainties-as-many-continue-to-work-from-home-11612919510?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CSCO":"思科"},"source_url":"https://www.marketwatch.com/story/cisco-faces-uncertainties-as-many-continue-to-work-from-home-11612919510?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1138874560","content_text":"Remote work causing delays in corporate-network upgrades\nNetworking giant Cisco Systems Inc. is looking for slight revenue growth next quarter, which would be its first such advance since November 2019, but some of its core equipment businesses are still hurting from the pandemic.\nOn Tuesday, Cisco reported slightly better-than-expected fiscal second-quarter earnings,as it sees “gradual improvement” in order growth in its commercial, public sector and service-provider businesses, which make up nearly three-quarters of its product orders. But it also said that the corporate-enterprise business remained soft, due to long sales cycles and pauses in spending by companies during the pandemic.\nAmong the areas most impacted by the pandemic, total product revenue was $8.6 billion, down 1%, and networking infrastructure platforms was down 3%.\nThe company’s WebEx video-conferencing business again showed double-digit revenue growth, as companies continue to use it for group video meetings while employees are working from home.\nWhile remote work is a boon to Cisco’s video-conference software, it is causing delays in some network upgrade projects at corporate campuses. Cisco CEO Chuck Robbins said that employees eventually returning to the office will help its infrastructure sales, such as its switching and routing products, and its software-based networking service, called CAT 9000.\n“I really believe it’s going to be hybrid, where people are going to work from home and everybody is sort of landing here, where they’re going to work from home three days a week and work from the office two days a week and vice versa,” Robbins said. “The question is what accommodations does that lead to for customers, based on employees’ concern over space issues, concern over future pandemics or other concerns. That’s what we just don’t know yet.”\nHe added that some customers are now also starting to upgrade to the next generation of WiFi, called WiFi 6.\nThe future of a hybrid workplace is also likely fueling that demand for WiFi 6, Robbins said. Many workers will still be video-conferencing into meetings taking place in the office, putting even more demands on corporate networks.\nCisco said that it expects revenue in the fiscal third quarter to grow 3.5% to 5.5% year-over-year. The company’s guidance includes the fact that the third quarter will have an extra week, noted Cisco’s new Chief Financial Officer Scott Herren, who took over the job from Kelly Kramer.\nInvestors were clearly hoping for more from Cisco, as they drove its shares down as the call progressed, with its stock off nearly 5% in after-hours trading. It appears that big network build-outs or upgrades are likely to continue to happen slowly, on an as-needed basis, as long as most of corporate America is still working from home.","news_type":1},"isVote":1,"tweetType":1,"viewCount":256,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167524419,"gmtCreate":1624278824331,"gmtModify":1634008529642,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"More letters for tiger anniversary","listText":"More letters for tiger anniversary","text":"More letters for tiger anniversary","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/167524419","isVote":1,"tweetType":1,"viewCount":618,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165649440,"gmtCreate":1624140272580,"gmtModify":1634010439181,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"More letters!&nbsp;","listText":"More letters!&nbsp;","text":"More letters!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/165649440","isVote":1,"tweetType":1,"viewCount":425,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":168729522,"gmtCreate":1623984388866,"gmtModify":1634024704593,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"More letters!&nbsp;","listText":"More letters!&nbsp;","text":"More letters!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/168729522","isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161301827,"gmtCreate":1623903391369,"gmtModify":1634026076726,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"More letters for tiger event pls","listText":"More letters for tiger event pls","text":"More letters for tiger event pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/161301827","isVote":1,"tweetType":1,"viewCount":305,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":169388406,"gmtCreate":1623817174005,"gmtModify":1634027629470,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"All pls join the the tiger event","listText":"All pls join the the tiger event","text":"All pls join the the tiger event","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/169388406","isVote":1,"tweetType":1,"viewCount":522,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":187124426,"gmtCreate":1623747448165,"gmtModify":1631884324810,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Hope all huat in the tiger event&nbsp;","listText":"Hope all huat in the tiger event&nbsp;","text":"Hope all huat in the tiger event","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/187124426","isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136900670,"gmtCreate":1621988373690,"gmtModify":1631887210788,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV","listText":"Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV","text":"Get to know a powerful passive income tool. Join telegram group and the below link to sign up.https://t.co/4vjkzZeZXIhttps://t.co/LNwISo6TjV","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/136900670","repostId":"1140046763","repostType":4,"repost":{"id":"1140046763","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621944646,"share":"https://www.laohu8.com/m/news/1140046763?lang=&edition=full","pubTime":"2021-05-25 20:10","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1140046763","media":"Tiger Newspress","summary":"U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as i","content":"<p>U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.</p><p>At 8:05 a.m. ET, Dow E-minis were up 93 points, or 0.27%, S&amp;P 500 E-minis were up 14.5 points, or 0.35% and Nasdaq 100 E-minis were up 80.5 points, or 0.59%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0cb3de938a9511fee104454b3e726612\" tg-width=\"818\" tg-height=\"278\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p>Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc added between 0.4% and 1% in premarket trading as the yield on 10-year bond slipped to a fresh two-week low on Tuesday.</p><p>Higher yields pressure valuations for tech and other growth stocks, whose future cash flows are discounted at higher rates.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>Moderna(MRNA)</b>-Moderna&nbsp;rose&nbsp;2.33%&nbsp;in premarket trading&nbsp;after&nbsp;its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behind&nbsp;Pfizer's to demonstrate high efficacy in younger age groups.</p><p><b>Lordstown Motors(RIDE)</b> – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startupsaid it needed to raise capitalto fund operations and that its production this year would be, at best, 50% of prior projections.</p><p><b>Canopy Growth(CGC) </b>– The cannabis producer’s shares rose 2.4% in the premarket after MKM Partners upgraded the stock to “buy” from “neutral.” MKM said sentiment surrounding the stock is so low that the current risk/reward profile is very favorable.</p><p><b>Shake Shack(SHAK)</b> – The restaurant chain’s stock rallied 5.2% in premarket trading after Goldman Sachs upgraded it to “buy” from “neutral.” Goldman believes a recent pullback presents a buying opportunity, given Shake Shack’s strong balance sheet and favorable long-term growth prospects. Additionally, Wedbush upgraded the stock to “outperform” from “neutral,” citing similar reasons.</p><p><b>AutoZone(AZO)</b> – The auto parts retailer reported quarterly profit of $26.48 per share, beating the consensus estimate of $20.14 a share. Revenue also came in above estimates. Comparable-store sales surged 28.9%, well above the consensus FactSet estimate of 17.1%. AutoZone’s gross margins dropped, however, due in part to an acceleration of the company’s commercial business. AutoZone added 1.1% in premarket trading.</p><p><b>Amazon(AMZN)</b> – Amazon could announcea deal to buy MGM Studiosas soon as this week, according to a person familiar with the matter who spoke to CNBC. The projected price of up to $9 billion would make this Amazon’s largest acquisition since it bought Whole Foods in 2017 for $13.7 billion.</p><p><b>AstraZeneca(AZN)</b> – AstraZeneca’s $39 billion takeover of U.S. drugmakerAlexion Pharmaceuticals(ALXN) is the subject of a probe by British competition regulators, who want to determine if the deal will reduce competition in the U.K. and elsewhere.</p><p><b>United Airlines(UAL)</b> – United said in a Securities and Exchange Commission filing that ticketed yields have accelerated during the second quarter ahead of its prior projections. It now sees the key metric of revenue per available seat mile falling about 12% this quarter compared to its prior estimate of a 20% drop.</p><p><b>Live Nation Entertainment(LYV)</b> – Live Nation President Joe Berchtold told CNBC’s “Closing Bell” that concert venue bookings are rebounding, and that it is expecting a better year in 2022 than it had in 2019. Shares added 1% in premarket action.</p><p><b>IAC/Interactive(IAC) </b>– IAC shares jumped 5.3% in premarket trading ahead of today’s spinoff of Vimeo to IAC shareholders. Vimeo will begin trading on the Nasdaq today, with the producer of video tools valued at roughly $10 billion.</p><p><b>Petco(WOOF) </b>– The pet products retailer announced a secondary stock offering of 22 million shares, with the selling stockholder granting underwriters the option to purchase another 3.3 million shares within 30 days. Petco will not receive any proceeds from the offering. The stock fell 1.1% in the premarket.</p><p><b>Alaska Air(ALK)</b> – Alaska Air boosted its cash flow outlook for the current quarter, saying it now expects positive cash flow of $550 million to $650 million compared to a prior projection of $450 million to $550 million. The airline cites improved travel demand as well as better-than-expected affinity card inflows. Alaska Air shares fell 2.8% in premarket trading.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Toplines Before US Market Open on Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nToplines Before US Market Open on Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-25 20:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.</p><p>At 8:05 a.m. ET, Dow E-minis were up 93 points, or 0.27%, S&amp;P 500 E-minis were up 14.5 points, or 0.35% and Nasdaq 100 E-minis were up 80.5 points, or 0.59%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0cb3de938a9511fee104454b3e726612\" tg-width=\"818\" tg-height=\"278\" referrerpolicy=\"no-referrer\"><span>*Source From Tiger Trade, EST 08:05</span></p><p>Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc added between 0.4% and 1% in premarket trading as the yield on 10-year bond slipped to a fresh two-week low on Tuesday.</p><p>Higher yields pressure valuations for tech and other growth stocks, whose future cash flows are discounted at higher rates.</p><p><b>Stocks making the biggest moves in the premarket:</b></p><p><b>Moderna(MRNA)</b>-Moderna&nbsp;rose&nbsp;2.33%&nbsp;in premarket trading&nbsp;after&nbsp;its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behind&nbsp;Pfizer's to demonstrate high efficacy in younger age groups.</p><p><b>Lordstown Motors(RIDE)</b> – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startupsaid it needed to raise capitalto fund operations and that its production this year would be, at best, 50% of prior projections.</p><p><b>Canopy Growth(CGC) </b>– The cannabis producer’s shares rose 2.4% in the premarket after MKM Partners upgraded the stock to “buy” from “neutral.” MKM said sentiment surrounding the stock is so low that the current risk/reward profile is very favorable.</p><p><b>Shake Shack(SHAK)</b> – The restaurant chain’s stock rallied 5.2% in premarket trading after Goldman Sachs upgraded it to “buy” from “neutral.” Goldman believes a recent pullback presents a buying opportunity, given Shake Shack’s strong balance sheet and favorable long-term growth prospects. Additionally, Wedbush upgraded the stock to “outperform” from “neutral,” citing similar reasons.</p><p><b>AutoZone(AZO)</b> – The auto parts retailer reported quarterly profit of $26.48 per share, beating the consensus estimate of $20.14 a share. Revenue also came in above estimates. Comparable-store sales surged 28.9%, well above the consensus FactSet estimate of 17.1%. AutoZone’s gross margins dropped, however, due in part to an acceleration of the company’s commercial business. AutoZone added 1.1% in premarket trading.</p><p><b>Amazon(AMZN)</b> – Amazon could announcea deal to buy MGM Studiosas soon as this week, according to a person familiar with the matter who spoke to CNBC. The projected price of up to $9 billion would make this Amazon’s largest acquisition since it bought Whole Foods in 2017 for $13.7 billion.</p><p><b>AstraZeneca(AZN)</b> – AstraZeneca’s $39 billion takeover of U.S. drugmakerAlexion Pharmaceuticals(ALXN) is the subject of a probe by British competition regulators, who want to determine if the deal will reduce competition in the U.K. and elsewhere.</p><p><b>United Airlines(UAL)</b> – United said in a Securities and Exchange Commission filing that ticketed yields have accelerated during the second quarter ahead of its prior projections. It now sees the key metric of revenue per available seat mile falling about 12% this quarter compared to its prior estimate of a 20% drop.</p><p><b>Live Nation Entertainment(LYV)</b> – Live Nation President Joe Berchtold told CNBC’s “Closing Bell” that concert venue bookings are rebounding, and that it is expecting a better year in 2022 than it had in 2019. Shares added 1% in premarket action.</p><p><b>IAC/Interactive(IAC) </b>– IAC shares jumped 5.3% in premarket trading ahead of today’s spinoff of Vimeo to IAC shareholders. Vimeo will begin trading on the Nasdaq today, with the producer of video tools valued at roughly $10 billion.</p><p><b>Petco(WOOF) </b>– The pet products retailer announced a secondary stock offering of 22 million shares, with the selling stockholder granting underwriters the option to purchase another 3.3 million shares within 30 days. Petco will not receive any proceeds from the offering. The stock fell 1.1% in the premarket.</p><p><b>Alaska Air(ALK)</b> – Alaska Air boosted its cash flow outlook for the current quarter, saying it now expects positive cash flow of $550 million to $650 million compared to a prior projection of $450 million to $550 million. The airline cites improved travel demand as well as better-than-expected affinity card inflows. Alaska Air shares fell 2.8% in premarket trading.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140046763","content_text":"U.S. stock index futures rose on Tuesday, buoyed by gains in mega-cap technology-related stocks as inflation worries ebbed and U.S. bond yields eased for the fourth straight day.At 8:05 a.m. ET, Dow E-minis were up 93 points, or 0.27%, S&P 500 E-minis were up 14.5 points, or 0.35% and Nasdaq 100 E-minis were up 80.5 points, or 0.59%.*Source From Tiger Trade, EST 08:05Apple Inc, Amazon.com Inc, Microsoft Corp and Alphabet Inc added between 0.4% and 1% in premarket trading as the yield on 10-year bond slipped to a fresh two-week low on Tuesday.Higher yields pressure valuations for tech and other growth stocks, whose future cash flows are discounted at higher rates.Stocks making the biggest moves in the premarket:Moderna(MRNA)-Moderna rose 2.33% in premarket trading after its Covid-19 vaccine was 100% effective in a study of adolescents ages 12 to 17, making it the second shot behind Pfizer's to demonstrate high efficacy in younger age groups.Lordstown Motors(RIDE) – Lordstown tumbled 13.7% in premarket trading after the electric vehicle startupsaid it needed to raise capitalto fund operations and that its production this year would be, at best, 50% of prior projections.Canopy Growth(CGC) – The cannabis producer’s shares rose 2.4% in the premarket after MKM Partners upgraded the stock to “buy” from “neutral.” MKM said sentiment surrounding the stock is so low that the current risk/reward profile is very favorable.Shake Shack(SHAK) – The restaurant chain’s stock rallied 5.2% in premarket trading after Goldman Sachs upgraded it to “buy” from “neutral.” Goldman believes a recent pullback presents a buying opportunity, given Shake Shack’s strong balance sheet and favorable long-term growth prospects. Additionally, Wedbush upgraded the stock to “outperform” from “neutral,” citing similar reasons.AutoZone(AZO) – The auto parts retailer reported quarterly profit of $26.48 per share, beating the consensus estimate of $20.14 a share. Revenue also came in above estimates. Comparable-store sales surged 28.9%, well above the consensus FactSet estimate of 17.1%. AutoZone’s gross margins dropped, however, due in part to an acceleration of the company’s commercial business. AutoZone added 1.1% in premarket trading.Amazon(AMZN) – Amazon could announcea deal to buy MGM Studiosas soon as this week, according to a person familiar with the matter who spoke to CNBC. The projected price of up to $9 billion would make this Amazon’s largest acquisition since it bought Whole Foods in 2017 for $13.7 billion.AstraZeneca(AZN) – AstraZeneca’s $39 billion takeover of U.S. drugmakerAlexion Pharmaceuticals(ALXN) is the subject of a probe by British competition regulators, who want to determine if the deal will reduce competition in the U.K. and elsewhere.United Airlines(UAL) – United said in a Securities and Exchange Commission filing that ticketed yields have accelerated during the second quarter ahead of its prior projections. It now sees the key metric of revenue per available seat mile falling about 12% this quarter compared to its prior estimate of a 20% drop.Live Nation Entertainment(LYV) – Live Nation President Joe Berchtold told CNBC’s “Closing Bell” that concert venue bookings are rebounding, and that it is expecting a better year in 2022 than it had in 2019. Shares added 1% in premarket action.IAC/Interactive(IAC) – IAC shares jumped 5.3% in premarket trading ahead of today’s spinoff of Vimeo to IAC shareholders. Vimeo will begin trading on the Nasdaq today, with the producer of video tools valued at roughly $10 billion.Petco(WOOF) – The pet products retailer announced a secondary stock offering of 22 million shares, with the selling stockholder granting underwriters the option to purchase another 3.3 million shares within 30 days. Petco will not receive any proceeds from the offering. The stock fell 1.1% in the premarket.Alaska Air(ALK) – Alaska Air boosted its cash flow outlook for the current quarter, saying it now expects positive cash flow of $550 million to $650 million compared to a prior projection of $450 million to $550 million. The airline cites improved travel demand as well as better-than-expected affinity card inflows. Alaska Air shares fell 2.8% in premarket trading.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133123492,"gmtCreate":1621729309916,"gmtModify":1634186990099,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Crossroads now?&nbsp;","listText":"Crossroads now?&nbsp;","text":"Crossroads now?","images":[{"img":"https://static.tigerbbs.com/0bf42658b12e48d363acf9ccbd96d553","width":"1080","height":"3940"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/133123492","isVote":1,"tweetType":1,"viewCount":146,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":195120084,"gmtCreate":1621263607148,"gmtModify":1634192924461,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Go go go","listText":"Go go go","text":"Go go go","images":[{"img":"https://static.tigerbbs.com/b9a5c2edf44efdae9b12cb671869e849","width":"1080","height":"4126"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195120084","isVote":1,"tweetType":1,"viewCount":172,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":382175738,"gmtCreate":1613398955424,"gmtModify":1634553761819,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Bookmarking for later tracking","listText":"Bookmarking for later tracking","text":"Bookmarking for later tracking","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382175738","repostId":"1168862133","repostType":4,"repost":{"id":"1168862133","kind":"news","pubTimestamp":1613024272,"share":"https://www.laohu8.com/m/news/1168862133?lang=&edition=full","pubTime":"2021-02-11 14:17","market":"us","language":"en","title":"Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch","url":"https://stock-news.laohu8.com/highlight/detail?id=1168862133","media":"Nasdaq","summary":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat","content":"<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?</p>\n<p>Well, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.</p>\n<p>Top Fintech Stocks To Watch</p>\n<ul>\n <li><b>Mogo Inc.</b>(NASDAQ: MOGO)</li>\n <li><b>PayPal Holdings Inc.</b>(NASDAQ: PYPL)</li>\n <li><b>Square Inc.</b>(NYSE: SQ)</li>\n <li><b>Green Dot Corporation</b>(NYSE: GDOT)</li>\n</ul>\n<p>Mogo Inc.</p>\n<p>Starting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.</p>\n<p>For starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?</p>\n<p>PayPal Holdings Inc.</p>\n<p>Following that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.</p>\n<p>For one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.<i>The “Pay in 4</i>” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.</p>\n<p>Square Inc.</p>\n<p>Another top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?</p>\n<p>Well, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?</p>\n<p>Green Dot Corporation</p>\n<p>Undoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.</p>\n<p>For the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “<i>living from paycheck to paycheck</i>”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “<i>Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.</i>” Has all this convinced you to add GDOT to your watchlist?</p>","source":"lsy1603171495471","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>Best Stocks To Buy For 2021? 4 Fintech Stocks To Watch</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\">\nBest Stocks To Buy For 2021? 4 Fintech Stocks To Watch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-11 14:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10><strong>Nasdaq</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric ...</p>\n\n<a href=\"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.nasdaq.com/articles/best-stocks-to-buy-for-2021-4-fintech-stocks-to-watch-2021-02-10","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168862133","content_text":"If you’re caught up on the latestBitcoin news, you likely know thatfintech stocksare in the hot seat right now. This is thanks to a $1.5 billion investment into the cryptocurrency from electric vehicle titan Tesla (NASDAQ: TSLA). It is one of the latest large tech companies to not only invest in but eventually start acceptingBitcoinas payment. In fact, there have even been speculations of Apple (NASDAQ: AAPL) being well-positioned to join the cryptocurrency craze as well. How does this connect to fintech stocks?\nWell, to begin with, fintech companies are the bridge that allows most of the general public access to cryptocurrencies such as Bitcoin. Alternatively, they are also key players in this current age of digital finance. Whatever way you cut it, the fintech industry is becoming more essential and is here to stay for the long run. Meanwhile, more conventional top fintech stocks like Mastercard (NYSE: MA) and American Express (NYSE: AXP) have mostly seen their shares recover to pre-pandemic levels. Therefore, investors would be logical in looking for thebest fintech stocks now. Having read till this point, you might be interested in investing in this industry yourself. If you are, here are four fintech stocks to consider now.\nTop Fintech Stocks To Watch\n\nMogo Inc.(NASDAQ: MOGO)\nPayPal Holdings Inc.(NASDAQ: PYPL)\nSquare Inc.(NYSE: SQ)\nGreen Dot Corporation(NYSE: GDOT)\n\nMogo Inc.\nStarting us off is Canadian fintech company Mogo. It offers a wide range of financial services ranging from personal loans, mortgages, a Visa Prepaid Card, and credit score viewing. More importantly, the company also facilitates Bitcoin transactions. This particular service has exploded together with the price of the cryptocurrency over the last month. Mogo saw massive month-over-month jumps of 141% in new Bitcoin accounts added and 323% in Bitcoin transaction volume in January. Likewise, MOGO stock is currently up by over 160% year-to-date. Aside from Bitcoin-related tailwinds, the company has also been hard at work expanding its financial portfolio.\nFor starters, Mogo acquired leading digital payments solutions provider Carta Worldwide, over two weeks ago. This move expanded Mogo’s addressable market by entering the global $2.5 trillion payments market. Following that, the company expanded into Japan last week via Carta. According to Mogo, this move was in support of the TransferWise multi-currency debit card launch in the country. With this move, Mogo continues to expand its market reach globally and seems eager to make the most of its newly acquired subsidiary. With the company firing on all cylinders now, will you be watching MOGO stock?\nPayPal Holdings Inc.\nFollowing that, we will be looking at fintech giant, PayPal. Just like our other entries on this list, the company does facilitate cryptocurrency transactions for its clients. Last week, PayPal reported record figures across the board. For its fourth quarter, the company saw a total payment volume (TPV) of $277 billion, a 39% increase year-over-year. Furthermore, the company’s earnings per share more than tripled over the same time as well. In detail, TPVs across its merchant services and Venmo app grew by 42% and 60% respectively. With PayPal riding both Bitcoin and pandemic tailwinds, PYPL stock continues to soar to greater heights. It has gained by over 230% since the March lows and closed yesterday at a record high. Investors may be wondering if it still has room to run moving forward.\nFor one thing, the company does not seem to be slowing down anytime soon. Yesterday, it announced a new collaboration with global commerce solutions provider Digital River (DR). To summarize, PayPal now has a new ‘pay later’ option available to U.S. clients on DR’s e-commerce platform.The “Pay in 4” feature will allow customers to pay for items priced from $30 to $600 across four interest-free payments. Simultaneously, merchants get paid upfront at no additional cost to the customer. As PayPal continues to make waves in the fintech space, could PYPL stock continue to flourish this year? You tell me.\nSquare Inc.\nAnother top fintech company on the radar now would be Square. Aside from its Bitcoin-related services, the leading fintech player does bring a lot to the table. Whether it is financial solutions, merchant services, or mobile payment, Square’s offerings compete with the best in the field. For the uninitiated, the company markets software and hardware payments products to businesses of all sizes. At the same time, its consumer-focused digital payment ecosystem, Cash App, has also seen mind-blowing growth in the past year. Square reported having 30 million monthly active users on the app which generated over $2 billion in revenue in its recent quarter. Seasoned investors would be familiar with the meteoric rise of the company. Indeed, SQ stock has and continues to impress with gains of over 200% in the past year. With the current focus on fintech, could investors continue to find more value in SQ stock?\nWell, it has been posting phenomenal figures on the business side of things. In its third-quarter fiscal reported in November, it saw a year-over-year surge of 139% in total revenue and 246% in cash on hand. Specifically, Cash App’s gross profit skyrocketed by 212% year-over-year. All things considered, will you be watching SQ stock ahead of Square’s upcomingearnings callon February 23?\nGreen Dot Corporation\nUndoubtedly, Green Dot is a fintech industry-veteran that should not be overlooked. As it stands, Green Dot is the world’s largest prepaid debit card company by market capitalization. The company also boasts an impressive list of clients, to say the least. Its fintech partners include but are not limited to, Google (NASDAQ: GOOGL), Uber (NYSE: UBER), and Walmart (NYSE: WMT). Equally impressive is GDOT stock’s growth of over 220% since the March selloffs. With Green Dot slated to release its fourth-quarter earnings on February 22, I can see investors watching GDOT stock closely.\nFor the most part, the company has been hard at work maintaining its current momentum. Last month, the company launched a new mobile bank focused on addressing the two in three Americans “living from paycheck to paycheck”. Through this, Green Dot is leveraging its rich industry experience to provide affordable banking solutions for clients in need. In the long run, this could play out well for Green Dot as it engages consumers amidst these troubling times. Moreover, the company appointed a new CTO in Gyorgy Tomso last week. CEO Dan Henry said, “Gyorgy is a fintech veteran whose deep experience leading technology strategy for financial services companies is going to be instrumental in Green Dot’s growth as a leading fintech.” Has all this convinced you to add GDOT to your watchlist?","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":382175267,"gmtCreate":1613398896359,"gmtModify":1634553761940,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"While many still adopting a wait n see","listText":"While many still adopting a wait n see","text":"While many still adopting a wait n see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/382175267","repostId":"1179092967","repostType":4,"repost":{"id":"1179092967","kind":"news","pubTimestamp":1613100617,"share":"https://www.laohu8.com/m/news/1179092967?lang=&edition=full","pubTime":"2021-02-12 11:30","market":"us","language":"en","title":"Not Just Tesla: Why Big Companies are Buying into Crypto-Mania","url":"https://stock-news.laohu8.com/highlight/detail?id=1179092967","media":"barrons","summary":"For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla , which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.Mastercard  said on Wednesday that it will let m","content":"<p>For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.</p><p>The most buzzworthy move came from Tesla (ticker: TSLA), which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.</p><p>But Tesla isn’t the only one. On Thursday, BNY Mellon (BK), the oldest bank in the U.S.,said it will hold and transfer cryptocurrencies for customers. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field,” said Roman Regelman, the bank’s CEO of asset servicing and head of digital.</p><p>Mastercard (MA) said on Wednesday that it will let merchants accept some cryptocurrencies through its network later this year. The payments will be converted to traditional money before it enters the companies’ systems.Twitter(TWTR) is also considering a Bitcoin investment. And Square (SQ) has already put some on its balance sheet, as well as given users of its Cash App access to buy the cryptocurrency.</p><p>Why is this happening now? Cryptocurrencies are still not particularly useful outside of a very few cases, such as cross-border transactions. Even there, they haven’t fully taken hold.</p><p>There are at least four big reasons corporations are diving in.</p><p>One is that some company founders believe in Bitcoin. Their excitement about the asset has convinced them that their companies need to be involved, or have cryptocurrency investments, even if Bitcoin isn’t really the core of their operations. That appears to be the case for Tesla and its CEO Elon Musk, and for a software company calledMicrostrategyand its CEO, Michael Saylor.</p><p>Microstrategy, whose entire market capitalization was below $1 billion early last year, now owns more than $2 billion of Bitcoin, and its market cap is now just under $10 billion. Saylor told<i>Barron’s</i>&nbsp;in an interview last yearthat he sees Bitcoin as a hedge against monetary debasement and inflation.</p><p>Square CEO Jack Dorsey ‘s fascination with Bitcoin also likely sped Square’s adoption. He has spoken about his interest in the currency for years.</p><p>Tesla’s purchase of Bitcoin is strong marketing for the company and the currency, said Dan Morehead, founder of the crypto hedge fund Pantera Capital. But it won’t likely change the way Bitcoin is used. “Tesla sells a half a million cars a year,” he said. “If they sold 4% in Bitcoin, I’d be surprised.” Morehead thinks Bitoin’s growing use for cross-border payments is much more exciting from a practical perspective.</p><p>Other companies are getting into Bitcoin because of customer demand. That appears to be the case for BNY Mellon, which is not known for making risky bets on new technologies. It could stay out of the industry altogether, but more institutional investors are buying Bitcoin and need somewhere to put it.</p><p>And the infrastructure around Bitcoin has grown, so that it now more closely resembles the systems used in the rest of the world of finance.. Big companies now insure cryptocurrencies or—as in the case ofJPMorgan Chase(JPM)—offer services to cryptocurrency businesses, even if most still don’t hold Bitcoin on their own balance sheets.</p><p>A third reason is increasing government acceptance of the trend. BNY cited greater regulatory clarity around Bitcoin as one reason it is diving in. The U.S. government has taken a mostly laissez-faire approach to regulating digital assets even as many of the illegal activities that cryptocurrency has been associated with in the past have continued. Without at least the tacit approval of regulators, crypto couldn’t have landed on the balance sheets of so many companies.</p><p>A fourth reason cryptocurrencies are gaining hold in corporate boardrooms is that they serve multiple purposes. That gives corporations several different rationales to hold the coins, or offer related services. Cryptocurrencies have the potential to go well beyond Bitcoin’s initial premise as a way to send money without financial intermediaries. So-called stablecoins, whose value is meant to track fiat currencies, could allow for faster transactions for some kinds of financial services, for instance.</p><p>Visa(V) andMasterCardseem like the last places in the world that Bitcoin would take hold given that Bitcoin was created to eliminate the middlemen in finance. Few companies fill the role of middleman as perfectly as the credit-card processors. Visa, however, thinks that cryptocurrencies are useful for many other purposes, and its trusted brand makes it an important player, according to Cuy Sheffield, head of crypto at the company.</p><p>“We’ve seen growing demand from clients across the world that want to be able to plug in and use these networks, but they want a global, neutral, trusted brand, to help them be able to do that,” Sheffield said in an interview. Visa said last week it has created software that allows bank customers to buy and hold cryptocurrencies through lenders’ websites.</p><p>Will old-line financial companies be the biggest beneficiaries of the crypto “revolution”? Michael Venuto, the chief investment officer of Toroso Investments, doesn’t think it will be easy for them to dominate this new world. Toroso created theAmplify Transformational Data SharingETF (ticker: BLOK), which invests in public companies involved in the technology behind Bitcoin.</p><p>“In terms of the self-referenced paradox of the old economy accepting the blockchain, it is simply inevitable,” Venuto wrote in an email to<i>Barron’s</i>. “If they don’t explore the blockchain they will be extinct. They understand that, but they are not aware of how big the changes will be or how fast they will happen. They have to evolve, but evolution can be messy.”</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Not Just Tesla: Why Big Companies are Buying into Crypto-Mania</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\">\nNot Just Tesla: Why Big Companies are Buying into Crypto-Mania\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-02-12 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of ...</p>\n\n<a href=\"https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/414360f2ef7b5c785cb936b4a9b53a44","relate_stocks":{"GBTC":"Grayscale Bitcoin Trust","TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/not-just-tesla-why-big-companies-are-buying-into-crypto-mania-51613069805?mod=hp_LEADSUPP_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179092967","content_text":"For months, there has beena consistent trickle of newsabout mainstream businesses getting involved in cryptocurrencies. In the past week, it has turned into a flood, helping to push the price of Bitcoin to a record of $48,297 on Thursday.The most buzzworthy move came from Tesla (ticker: TSLA), which disclosed on Monday that it hasbought $1.5 billion worth of Bitcointo hold on its balance sheet. The company plans to let consumers use the currency to pay for cars.But Tesla isn’t the only one. On Thursday, BNY Mellon (BK), the oldest bank in the U.S.,said it will hold and transfer cryptocurrencies for customers. “Growing client demand for digital assets, maturity of advanced solutions, and improving regulatory clarity present a tremendous opportunity for us to extend our current service offerings to this emerging field,” said Roman Regelman, the bank’s CEO of asset servicing and head of digital.Mastercard (MA) said on Wednesday that it will let merchants accept some cryptocurrencies through its network later this year. The payments will be converted to traditional money before it enters the companies’ systems.Twitter(TWTR) is also considering a Bitcoin investment. And Square (SQ) has already put some on its balance sheet, as well as given users of its Cash App access to buy the cryptocurrency.Why is this happening now? Cryptocurrencies are still not particularly useful outside of a very few cases, such as cross-border transactions. Even there, they haven’t fully taken hold.There are at least four big reasons corporations are diving in.One is that some company founders believe in Bitcoin. Their excitement about the asset has convinced them that their companies need to be involved, or have cryptocurrency investments, even if Bitcoin isn’t really the core of their operations. That appears to be the case for Tesla and its CEO Elon Musk, and for a software company calledMicrostrategyand its CEO, Michael Saylor.Microstrategy, whose entire market capitalization was below $1 billion early last year, now owns more than $2 billion of Bitcoin, and its market cap is now just under $10 billion. Saylor toldBarron’s in an interview last yearthat he sees Bitcoin as a hedge against monetary debasement and inflation.Square CEO Jack Dorsey ‘s fascination with Bitcoin also likely sped Square’s adoption. He has spoken about his interest in the currency for years.Tesla’s purchase of Bitcoin is strong marketing for the company and the currency, said Dan Morehead, founder of the crypto hedge fund Pantera Capital. But it won’t likely change the way Bitcoin is used. “Tesla sells a half a million cars a year,” he said. “If they sold 4% in Bitcoin, I’d be surprised.” Morehead thinks Bitoin’s growing use for cross-border payments is much more exciting from a practical perspective.Other companies are getting into Bitcoin because of customer demand. That appears to be the case for BNY Mellon, which is not known for making risky bets on new technologies. It could stay out of the industry altogether, but more institutional investors are buying Bitcoin and need somewhere to put it.And the infrastructure around Bitcoin has grown, so that it now more closely resembles the systems used in the rest of the world of finance.. Big companies now insure cryptocurrencies or—as in the case ofJPMorgan Chase(JPM)—offer services to cryptocurrency businesses, even if most still don’t hold Bitcoin on their own balance sheets.A third reason is increasing government acceptance of the trend. BNY cited greater regulatory clarity around Bitcoin as one reason it is diving in. The U.S. government has taken a mostly laissez-faire approach to regulating digital assets even as many of the illegal activities that cryptocurrency has been associated with in the past have continued. Without at least the tacit approval of regulators, crypto couldn’t have landed on the balance sheets of so many companies.A fourth reason cryptocurrencies are gaining hold in corporate boardrooms is that they serve multiple purposes. That gives corporations several different rationales to hold the coins, or offer related services. Cryptocurrencies have the potential to go well beyond Bitcoin’s initial premise as a way to send money without financial intermediaries. So-called stablecoins, whose value is meant to track fiat currencies, could allow for faster transactions for some kinds of financial services, for instance.Visa(V) andMasterCardseem like the last places in the world that Bitcoin would take hold given that Bitcoin was created to eliminate the middlemen in finance. Few companies fill the role of middleman as perfectly as the credit-card processors. Visa, however, thinks that cryptocurrencies are useful for many other purposes, and its trusted brand makes it an important player, according to Cuy Sheffield, head of crypto at the company.“We’ve seen growing demand from clients across the world that want to be able to plug in and use these networks, but they want a global, neutral, trusted brand, to help them be able to do that,” Sheffield said in an interview. Visa said last week it has created software that allows bank customers to buy and hold cryptocurrencies through lenders’ websites.Will old-line financial companies be the biggest beneficiaries of the crypto “revolution”? Michael Venuto, the chief investment officer of Toroso Investments, doesn’t think it will be easy for them to dominate this new world. Toroso created theAmplify Transformational Data SharingETF (ticker: BLOK), which invests in public companies involved in the technology behind Bitcoin.“In terms of the self-referenced paradox of the old economy accepting the blockchain, it is simply inevitable,” Venuto wrote in an email toBarron’s. “If they don’t explore the blockchain they will be extinct. They understand that, but they are not aware of how big the changes will be or how fast they will happen. They have to evolve, but evolution can be messy.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":388921317,"gmtCreate":1613012560739,"gmtModify":1703768364067,"author":{"id":"3575966434807184","authorId":"3575966434807184","name":"Ucraz","avatar":"https://static.tigerbbs.com/9eed43277c4bf1b15595cb5c435f5a4a","crmLevel":4,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575966434807184","idStr":"3575966434807184"},"themes":[],"htmlText":"Nice rebound","listText":"Nice rebound","text":"Nice rebound","images":[{"img":"https://static.tigerbbs.com/5750a288279cfc9c5a111767f037dc63","width":"1080","height":"2209"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/388921317","isVote":1,"tweetType":1,"viewCount":516,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}