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Danielkan

Danielkan

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2021-09-08

Up???

2021-09-07

$KraneShares CSI China Internet ETF(KWEB)$Come on

2021-09-07

Come on

2021-09-06

$KraneShares CSI China Internet ETF(KWEB)$Gogogo

2021-09-06

Gogogo

2021-09-05

$KraneShares CSI China Internet ETF(KWEB)$Come on

2021-09-04

$KraneShares CSI China Internet ETF(KWEB)$Up please

2021-08-31

Lolll

Former Fed official warns of 'urgent' threat of another financial crisis

2021-08-29

$KraneShares CSI China Internet ETF(KWEB)$More dog move

2021-08-29

Move dog move

2021-08-28

$KraneShares CSI China Internet ETF(KWEB)$Come up again

2021-08-26

$JD.com(JD)$Come onnn

2021-08-26

Dogggg

2021-06-25

$ARK Innovation ETF(ARKK)$Okkkkk

2021-06-25

Okkkkk

2021-06-11

$JD.com(JD)$Crapp

2021-06-11

Wowew

2021-06-10

Hello like pls

抱歉，原内容已删除

2021-06-10

Like comment

"Ethical Failures": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns

2021-06-10

Deadsd

去老虎APP查看更多动态

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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630370460,"share":"https://www.laohu8.com/m/news/2163381188?lang=&edition=full","pubTime":"2021-08-31 08:41","market":"hk","language":"en","title":"Former Fed official warns of 'urgent' threat of another financial crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=2163381188","media":"Dow Jones","summary":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered F","content":"<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</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>Former Fed official warns of 'urgent' threat of another financial crisis</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\">\nFormer Fed official warns of 'urgent' threat of another financial crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-31 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163381188","content_text":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.\nDon Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.\n\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"\nKohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.\nDespite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.\nWhat's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.\nKohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being one of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"\nUnlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.\nOne strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks $(XLF)$ to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.\nThe Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.\n\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.\nKohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.\nKohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.\n\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.\nKohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.\n\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing 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like pls","listText":"Hello like pls","text":"Hello like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183493413","repostId":"1165141474","repostType":4,"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183493090,"gmtCreate":1623339068810,"gmtModify":1634034379818,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Like comment","listText":"Like comment","text":"Like comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183493090","repostId":"1194916539","repostType":4,"repost":{"id":"1194916539","pubTimestamp":1623336852,"share":"https://www.laohu8.com/m/news/1194916539?lang=&edition=full","pubTime":"2021-06-10 22:54","market":"us","language":"en","title":"\"Ethical Failures\": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns","url":"https://stock-news.laohu8.com/highlight/detail?id=1194916539","media":"zerohedge","summary":"Australian fund manager BetaShares has officially dropped Tesla from its sustainability exchange-tra","content":"<p>Australian fund manager BetaShares has officially dropped Tesla from its&nbsp;sustainability exchange-traded fund.</p>\n<p>Chief Investment Officer Louis Crous said the company - which normally would be a mainstay in most \"sustainability\" funds - was dropped because of \"ethical failures\" on the part of Tesla, according toBusiness Insider.</p>\n<p>“Tesla is still definitely a carbon leader…but it has fallen foul of our [environmental, social and governance] screens which resulted in its removal,” he told BI.</p>\n<p>He continued:&nbsp;“During May last year at the height of the COVID pandemic,&nbsp;Tesla reopened its factory&nbsp;in Fremont, California, despite the orders of the local authorities, resulting in quite a large number of COVID cases.&nbsp;New reports have indicated that there was a significantly larger outbreak than was previously reported, so we have numbers from one to 50 COVID cases related to the factory.”</p>\n<p>The investment officer said he had been mulling the move \"for a while\" and finally dumped its $60 million stake after&nbsp;“new evidence came to light” and “controversies and reputation issues” arose.</p>\n<p><img src=\"https://static.tigerbbs.com/e21c2d691ff8e3dbb616f68cf374ab4a\" tg-width=\"500\" tg-height=\"319\">The fund also took exception with Tesla's environmental impact in Germany, where it is building a Gigafactory.</p>\n<p>Crous noted:&nbsp;“German media reports that Tesla’s factory in Brandenburg will consume about 3.6 million cubic metres of water per year, which is roughly around 30% of the total water in the region. Some experts believe this will lead to restrictions on drinking water.”</p>\n<p>He continued:&nbsp;“In December 2020, NGO the Tech Transparency Project alleged Tesla has been linked through its supply chain to Lens Technology, which in turn is facing allegations of directly benefiting form the use of state-sponsored forced labor provided by Uighurs and other minority Muslim groups in China. At the end of the day, these are things we don’t really want to compromise on.”</p>\n<p>BetaShares says the tone at Tesla starts at the top, and told BI that Musk's behavior&nbsp;“does make a difference”. The fund says it reached out to Tesla with its concerns but has not received any response.</p>\n<p>Meanwhile, in its place, the fund still holds shares of Toyota. Crous concluded:&nbsp;“Toyota will remain in place because they haven’t been screened out for other reasons and that’s the only way you can look at it. Now, on the surface it might not seem like it represents the portfolio from that perspective, but this fund is more than just an environmental product offering.”</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>\"Ethical Failures\": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns</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\">\n\"Ethical Failures\": Tesla Dropped From Sustainability ETF Due To Environmental, Labor Concerns\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 22:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/ethical-failures-tesla-dropped-australian-sustainability-etf-due-environmental-and-labor?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Australian fund manager BetaShares has officially dropped Tesla from its sustainability exchange-traded fund.\nChief Investment Officer Louis Crous said the company - which normally would be a mainstay...</p>\n\n<a href=\"https://www.zerohedge.com/markets/ethical-failures-tesla-dropped-australian-sustainability-etf-due-environmental-and-labor?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/ethical-failures-tesla-dropped-australian-sustainability-etf-due-environmental-and-labor?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1194916539","content_text":"Australian fund manager BetaShares has officially dropped Tesla from its sustainability exchange-traded fund.\nChief Investment Officer Louis Crous said the company - which normally would be a mainstay in most \"sustainability\" funds - was dropped because of \"ethical failures\" on the part of Tesla, according toBusiness Insider.\n“Tesla is still definitely a carbon leader…but it has fallen foul of our [environmental, social and governance] screens which resulted in its removal,” he told BI.\nHe continued: “During May last year at the height of the COVID pandemic, Tesla reopened its factory in Fremont, California, despite the orders of the local authorities, resulting in quite a large number of COVID cases. New reports have indicated that there was a significantly larger outbreak than was previously reported, so we have numbers from one to 50 COVID cases related to the factory.”\nThe investment officer said he had been mulling the move \"for a while\" and finally dumped its $60 million stake after “new evidence came to light” and “controversies and reputation issues” arose.\nThe fund also took exception with Tesla's environmental impact in Germany, where it is building a Gigafactory.\nCrous noted: “German media reports that Tesla’s factory in Brandenburg will consume about 3.6 million cubic metres of water per year, which is roughly around 30% of the total water in the region. Some experts believe this will lead to restrictions on drinking water.”\nHe continued: “In December 2020, NGO the Tech Transparency Project alleged Tesla has been linked through its supply chain to Lens Technology, which in turn is facing allegations of directly benefiting form the use of state-sponsored forced labor provided by Uighurs and other minority Muslim groups in China. At the end of the day, these are things we don’t really want to compromise on.”\nBetaShares says the tone at Tesla starts at the top, and told BI that Musk's behavior “does make a difference”. The fund says it reached out to Tesla with its concerns but has not received any response.\nMeanwhile, in its place, the fund still holds shares of Toyota. Crous concluded: “Toyota will remain in place because they haven’t been screened out for other reasons and that’s the only way you can look at it. Now, on the surface it might not seem like it represents the portfolio from that perspective, but this fund is more than just an environmental product offering.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":77,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":183499639,"gmtCreate":1623339027321,"gmtModify":1634034380140,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Deadsd","listText":"Deadsd","text":"Deadsd","images":[{"img":"https://static.tigerbbs.com/8529e73f935c8d3978635dcdc3044379","width":"750","height":"2320"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/183499639","isVote":1,"tweetType":1,"viewCount":9,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":112579688,"gmtCreate":1622893900744,"gmtModify":1634097023278,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Like n comment","listText":"Like n comment","text":"Like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/112579688","repostId":"1106312903","repostType":4,"repost":{"id":"1106312903","pubTimestamp":1622855773,"share":"https://www.laohu8.com/m/news/1106312903?lang=&edition=full","pubTime":"2021-06-05 09:16","market":"us","language":"en","title":"U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1106312903","media":"Renaissance Capital","summary":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental h","content":"<p><b>Summary</b></p>\n<ul>\n <li>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</li>\n <li>Payments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.</li>\n <li>Chinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.</li>\n</ul>\n<p>Eight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.</p>\n<p>Payments platform&nbsp;<b>Marqeta</b>(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.</p>\n<p>Chinese online recruitment platform&nbsp;<b>Kanzhun</b>(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.</p>\n<p>Mental health services provider&nbsp;<b>LifeStance Health</b>(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.</p>\n<p>Israel’s&nbsp;<b>monday.com</b>(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.</p>\n<p>BPO vendor&nbsp;<b>TaskUs</b>(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.</p>\n<p>Data-driven marketing platform&nbsp;<b>Zeta Global</b>(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.</p>\n<p>Online luxury goods marketplace&nbsp;<b>1stDibs</b>(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.</p>\n<p>Chinese online tutoring platform&nbsp;<b>Zhangmen Education</b>(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.</p>\n<p><img src=\"https://static.tigerbbs.com/d771f02e44d9d489ff772f1577280332\" tg-width=\"945\" tg-height=\"666\"></p>\n<p>Street research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.</p>\n<p><b>IPO Market Snapshot</b></p>\n<p>The Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&amp;P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.</p>","source":"lsy1603787993745","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>U.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO</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\">\nU.S. IPO Week Ahead: Digital Payments, Mental Health Services, And More In A Diverse 8 IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-05 09:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div><strong>Renaissance Capital</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZME":"掌门教育","ZETA":"Zeta Global Holdings Corp.","TASK":"TaskUs Inc.",".DJI":"道琼斯","DIBS":"1stdibs.com Inc.",".IXIC":"NASDAQ Composite","MQ":"Marqeta, Inc.",".SPX":"S&P 500 Index","LFST":"LifeStance Health Group, Inc.","MNDY":"Monday.com Ltd.","BZ":"BOSS直聘"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/82421/US-IPO-Week-Ahead-Digital-payments-mental-health-services-and-more-in-a-div","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1106312903","content_text":"Summary\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta plans to raise $1.0 billion at a $12.4 billion market cap.\nChinese online recruitment platform Kanzhun plans to raise $864 million at an $8.2 billion market cap.\n\nEight IPOs are currently slated to raise $3.7 billion, featuring digital payments, mental health services, and more.\nPayments platform Marqeta(MQ) plans to raise $1.0 billion at a $12.4 billion market cap. The company's platform allows businesses to launch and manage their own card programs, issue cards to their customers or end users, and authorize and settle transactions. Marqeta is fast growing and counts names like Affirm (AFRM) and DoorDash (DASH) among its customers.\nChinese online recruitment platform Kanzhun(BZ) plans to raise $864 million at an $8.2 billion market cap. Kanzhun's core product, BOSS Zhipin, is a mobile-native platform that promotes direct chats between job seekers and enterprise clients. The company claims it was the largest online recruitment platform in China by MAUs in 2020.\nMental health services provider LifeStance Health(LFST) plans to raise $640 million at a $6.1 billion market cap. LifeStance states that it has built one of the nation's largest outpatient mental health platforms, employing over 3,300 licensed mental health clinicians across 73 MSAs in 27 states as of March 31, 2021. The company has demonstrated growth, though EBIT turned negative in the 1Q21.\nIsrael’s monday.com(MNDY) plans to raise $490 million at a $6.8 billion market cap. monday.com allows organizations to easily build software applications and work management tools that fit their needs. As of March 31, 2021, it served nearly 128,000 customers across over 200 industries in more than 190 countries. Salesforce and Zoom plan to invest a combined $150 million in a concurrent private placement.\nBPO vendor TaskUs(TASK) plans to raise $304 million at a $2.5 billion market cap. TaskUs is a digital business services outsourcer, providing digital customer experience services, content security services, and artificial intelligence operations. Profitable with strong growth, the company had over 100 clients as of December 31, 2020.\nData-driven marketing platform Zeta Global(ZETA) plans to raise $250 million at a $2.1 billion market cap. The company’s Zeta Marketing Platform uses identity data to target, connect, and engage consumers across email, social media, web, chat, connected TV, video, and other channels. Zeta is profitable and serves more than 1,000 customers, delivering roughly 500 million ad impressions in 2020.\nOnline luxury goods marketplace 1stDibs(DIBS) plans to raise $112 million at a $773 million market cap. 1stDibs connects buyers and sellers of vintage, antique, and contemporary furniture, home decor, jewelry, watches, art, and fashion. In 2020, the marketplace had more than 58,000 buyers who had made a purchase in the past year, with an average aggregate purchase per year of over $5,500.\nChinese online tutoring platform Zhangmen Education(ZME) plans to raise $43 million at a $1.9 billion market cap. Zhangmen Education states that it has been the largest online K-12 tutoring service provider in China by revenue since 2017, claiming a 32% market share in 2020.\n\nStreet research is expected for six companies, and lock-up periods will be expiring for up to 11 companies.\nIPO Market Snapshot\nThe Renaissance IPO Indices are market cap weighted baskets of newly public companies. As of 6/3/21, the Renaissance IPO Index was down 6.0% year-to-date, while the S&P 500 was up 11.6%. Renaissance Capital's IPO ETF (NYSE: IPO) tracks the index, and top ETF holdings include Zoom Video (ZM) and Uber (UBER). The Renaissance International IPO Index was down 1.1% year-to-date, while the ACWX was up 10.5%. Renaissance Capital’s International IPO ETF (NYSE: IPOS) tracks the index, and top ETF holdings include Nexi and EQT Partners.","news_type":1},"isVote":1,"tweetType":1,"viewCount":164,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133429433,"gmtCreate":1621785219122,"gmtModify":1634186589475,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Like and comment","listText":"Like and comment","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/133429433","repostId":"2137907575","repostType":4,"repost":{"id":"2137907575","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1621610772,"share":"https://www.laohu8.com/m/news/2137907575?lang=&edition=full","pubTime":"2021-05-21 23:26","market":"us","language":"en","title":"U.S. Congress to hold hearing on SPACs, ramping up scrutiny","url":"https://stock-news.laohu8.com/highlight/detail?id=2137907575","media":"Reuters","summary":"WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition","content":"<p>WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.</p>\n<p>The U.S. Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.</p>\n<p>SPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.</p>\n<p>Monday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.</p>\n<p>The law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.</p>\n<p>The safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.</p>\n<p>The prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.</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>U.S. Congress to hold hearing on SPACs, ramping up scrutiny</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\">\nU.S. Congress to hold hearing on SPACs, ramping up scrutiny\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-05-21 23:26</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.</p>\n<p>The U.S. Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.</p>\n<p>SPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering <a href=\"https://laohu8.com/S/IPO.UK\">$(IPO.UK)$</a> process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.</p>\n<p>Monday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.</p>\n<p>The law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.</p>\n<p>The safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.</p>\n<p>The prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137907575","content_text":"WASHINGTON, May 21 (Reuters) - U.S. lawmakers are ramping up scrutiny of special purpose acquisition companies, or SPACs, with a hearing set for Monday as they consider legislation aimed at curbing liability protections for the industry.\nThe U.S. Securities and Exchange Commission $(SEC.UK)$ has heightened its focus on SPACs in recent months through a series of public statements, new guidance and a Wall Street bank inquiry led by the agency's enforcement team. Republican Senator John Kennedy from Louisiana last month introduced a bill aimed at boosting transparency for investors in SPACs.\nSPACs are shell companies that raise money via a listing to acquire a private company with the purpose of taking it public, sidestepping a traditional initial public offering $(IPO.UK)$ process. Critics say banks and SPAC sponsors have reaped big payoffs at a cost to later-stage investors.\nMonday's hearing in a House Financial Services subcommittee is aimed at SPACs, direct listings and IPOs, according to a hearing notice published on May 19. The House is considering legislation that would redefine \"blank check company\" from a key 1995 law to include special purpose acquisition companies, according to the notice.\nThe law created a safe harbor that protects listed companies from shareholder litigation provided forward-looking statements are made in good faith, identified as such and couched in cautionary language.\nThe safe harbor does not protect IPOs or certain blank check companies, but sponsors have generally operated on the basis that it does apply to SPAC deals, and have leaned on it heavily to issue growth projections. The SEC has been mulling guidance that would curb these projections, Reuters reported earlier this month.\nThe prospects for the bill to become law are unclear, but it signals growing Congressional attention on the industry.","news_type":1},"isVote":1,"tweetType":1,"viewCount":72,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354567684,"gmtCreate":1617190089348,"gmtModify":1634522186601,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>Not moving. Should rocket back soon","listText":"<a href=\"https://laohu8.com/S/TSM\">$Taiwan Semiconductor Manufacturing(TSM)$</a>Not moving. Should rocket back soon","text":"$Taiwan Semiconductor Manufacturing(TSM)$Not moving. Should rocket back soon","images":[{"img":"https://static.tigerbbs.com/6578e7629584f593bd0c7a84519baf1c","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354567684","isVote":1,"tweetType":1,"viewCount":173,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":183493413,"gmtCreate":1623339088632,"gmtModify":1634034379333,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Hello like pls","listText":"Hello like pls","text":"Hello like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/183493413","repostId":"1165141474","repostType":4,"repost":{"id":"1165141474","pubTimestamp":1623334257,"share":"https://www.laohu8.com/m/news/1165141474?lang=&edition=full","pubTime":"2021-06-10 22:10","market":"us","language":"en","title":"Tesla Hosts a Model S Event. Here’s What That Means for the Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1165141474","media":"Barron's","summary":"Tesla rose over 2% in morning trading.Electric-vehicle pioneerTeslawill livestream itsModel S Plaidd","content":"<p>Tesla&nbsp;rose&nbsp;over&nbsp;2%&nbsp;in morning trading.<img src=\"https://static.tigerbbs.com/8e87e2dd34f9d176f11a3bc25263867f\" tg-width=\"700\" tg-height=\"584\" referrerpolicy=\"no-referrer\">Electric-vehicle pioneerTeslawill livestream itsModel S Plaiddelivery event Thursday at 10 p.m. Eastern time.</p>\n<p>Tesla (ticker: TSLA) events are a big deal—much likeApple(AAPL) productannouncements, but for car enthusiasts. And they can move Tesla stock.</p>\n<p><img src=\"https://static.tigerbbs.com/b5996c06f842fa6447b73a8e07cb0c74\" tg-width=\"463\" tg-height=\"764\"></p>\n<p>Tesla shares could use apositive catalyst. The stock is down about 15% year to date, trailing the comparable gains of theS&amp;P 500andDow Jones Industrial Average. What’s more, shares are down 33% from their January 52-week high. Lately, good news—such as new product launches—has been battling bad news—such asmore EV competitioncoming from traditional auto companies.</p>\n<p>The original Model S was delivered inJune 2012at an invitation-only event.</p>\n<p>The market reacted to that event with a yawn, and shares were essentially unchanged afterward. A month later, shares were down 6%. Three months later, shares were down 11%. But a year after the event, when Tesla delivered its first production sedan, the stock was up almost 200%, to about $20.</p>\n<p>Tesla held aModel 3delivery event in July 2017, when shares were about $67. They didn’t do much the days following the event. A month later the stock was up 4%, but three months later, it was down to about $64. A year after initial Model 3 deliveries, shares were down about 11%, to $60.</p>\n<p>There are delivery events and unveiling events. Tesla isn’t delivering its Cybertruck yet, but it revealed the truck inNovember 2019when the stock was about $67 a share. Shares rose about 22% and 170% one and three months, repsectively, after the reveal. A year later, shares were up about 635%.</p>\n<p>Of course, the Cybertruck can’t take all the credit, or even most of it: Around the same time, Tesla started consistentlyproducing profitsand free cash flow.</p>\n<p>Tesla unveiled its semitruck and new roadster in December 2017. Shares rose about 2% following that reveal. But one and three months later, the stock was down compared with the share price–about $68–at the event. A year later, Tesla shares were up about 11%.</p>\n<p>For Tesla stock, the Model S Plaid delivery event is probably more like the semi truck event than the original Model S release. The Plaid is an important vehicle with impressive technology. But with a price tag of more than $120,000, it won’t sell a lot of units. Investors expect Tesla to sell 800,000 to 900,000 vehicles around the world in 2021.</p>\n<p>Still, the product, if successful, will demonstrate Tesla can reinvigorate sales of older models.</p>\n<p>Investors and interested watchers can tune into the company’sYouTube channelshortly before the event begins.</p>","source":"lsy1610680873436","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Hosts a Model S Event. Here’s What That Means for the Stock.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Hosts a Model S Event. Here’s What That Means for the Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-10 22:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/articles/tesla-hosts-a-model-s-event-heres-what-that-means-for-the-stock-51623333878?mod=mw_latestnews><strong>Barron's</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla rose over 2% in morning trading.Electric-vehicle pioneerTeslawill livestream itsModel S Plaiddelivery event Thursday at 10 p.m. Eastern time.\nTesla (ticker: TSLA) events are a big deal—much ...</p>\n\n<a href=\"https://www.marketwatch.com/articles/tesla-hosts-a-model-s-event-heres-what-that-means-for-the-stock-51623333878?mod=mw_latestnews\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/articles/tesla-hosts-a-model-s-event-heres-what-that-means-for-the-stock-51623333878?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165141474","content_text":"Tesla rose over 2% in morning trading.Electric-vehicle pioneerTeslawill livestream itsModel S Plaiddelivery event Thursday at 10 p.m. Eastern time.\nTesla (ticker: TSLA) events are a big deal—much likeApple(AAPL) productannouncements, but for car enthusiasts. And they can move Tesla stock.\n\nTesla shares could use apositive catalyst. The stock is down about 15% year to date, trailing the comparable gains of theS&P 500andDow Jones Industrial Average. What’s more, shares are down 33% from their January 52-week high. Lately, good news—such as new product launches—has been battling bad news—such asmore EV competitioncoming from traditional auto companies.\nThe original Model S was delivered inJune 2012at an invitation-only event.\nThe market reacted to that event with a yawn, and shares were essentially unchanged afterward. A month later, shares were down 6%. Three months later, shares were down 11%. But a year after the event, when Tesla delivered its first production sedan, the stock was up almost 200%, to about $20.\nTesla held aModel 3delivery event in July 2017, when shares were about $67. They didn’t do much the days following the event. A month later the stock was up 4%, but three months later, it was down to about $64. A year after initial Model 3 deliveries, shares were down about 11%, to $60.\nThere are delivery events and unveiling events. Tesla isn’t delivering its Cybertruck yet, but it revealed the truck inNovember 2019when the stock was about $67 a share. Shares rose about 22% and 170% one and three months, repsectively, after the reveal. A year later, shares were up about 635%.\nOf course, the Cybertruck can’t take all the credit, or even most of it: Around the same time, Tesla started consistentlyproducing profitsand free cash flow.\nTesla unveiled its semitruck and new roadster in December 2017. Shares rose about 2% following that reveal. But one and three months later, the stock was down compared with the share price–about $68–at the event. A year later, Tesla shares were up about 11%.\nFor Tesla stock, the Model S Plaid delivery event is probably more like the semi truck event than the original Model S release. The Plaid is an important vehicle with impressive technology. But with a price tag of more than $120,000, it won’t sell a lot of units. Investors expect Tesla to sell 800,000 to 900,000 vehicles around the world in 2021.\nStill, the product, if successful, will demonstrate Tesla can reinvigorate sales of older models.\nInvestors and interested watchers can tune into the company’sYouTube channelshortly before the event begins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195880927,"gmtCreate":1621271367869,"gmtModify":1634192877199,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Whiooo","listText":"Whiooo","text":"Whiooo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/195880927","repostId":"1162214808","repostType":4,"isVote":1,"tweetType":1,"viewCount":95,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354567434,"gmtCreate":1617190143928,"gmtModify":1634522186237,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Strong but","listText":"Strong but","text":"Strong but","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354567434","repostId":"1163996400","repostType":4,"repost":{"id":"1163996400","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....</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 $74 billion by 2025.With a huge, existing learner base; a strong brand; and the significant advantages detailed above, Coursera is likely to grab a significant amount of the market’s growth. Of thescenarios for the future of education, it seems that Coursera will continue to grow.ConclusionCoursera seems poised to meet the challenges of a changing education landscape. With its vast, existing user base, its flywheel model, its competitive advantages, and its existence in a huge and growing addressable market, the company is likely to do very well. The company’s value proposition is compelling. However, long run success does not equate to a good investment in the short run. An unprofitable company like Coursera is likely to be very volatile on the markets until it reaches profitability. It is better to wait for Coursera to turn a profit before investing in the company.","news_type":1},"isVote":1,"tweetType":1,"viewCount":46,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880050744,"gmtCreate":1631002580888,"gmtModify":1631886875525,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KWEB\">$KraneShares CSI China Internet ETF(KWEB)$</a>Come on","listText":"<a href=\"https://laohu8.com/S/KWEB\">$KraneShares CSI China Internet ETF(KWEB)$</a>Come on","text":"$KraneShares CSI China Internet ETF(KWEB)$Come on","images":[{"img":"https://static.tigerbbs.com/0793efa70df582de8e1c549d4db423e3","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880050744","isVote":1,"tweetType":1,"viewCount":25,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":103595141,"gmtCreate":1619792245283,"gmtModify":1634209896614,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Awesome","listText":"Awesome","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/103595141","repostId":"1197079056","repostType":4,"repost":{"id":"1197079056","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":1619789494,"share":"https://www.laohu8.com/m/news/1197079056?lang=&edition=full","pubTime":"2021-04-30 21:31","market":"us","language":"en","title":"Stocks fall despite blowout earnings from Amazon, Dow drops 150 points","url":"https://stock-news.laohu8.com/highlight/detail?id=1197079056","media":"Tiger Newspress","summary":"The major averages slipped on Friday as investors pored over a flurry of earnings results and a robu","content":"<p>The major averages slipped on Friday as investors pored over a flurry of earnings results and a robust profit beat from e-commerce giant Amazon.</p><p>The S&amp;P 500 fell 0.6%, while the Dow Jones Industrial Average shed 150 points. Nasdaq Composite dropped about 0.75%.</p><p>Amazon, the last of Wall Street’s mega-cap tech companies to publish results, reported a record first-quarter profit. The Seattle-based firm saidprofits more than tripled to $8.1 billionand January-to-March sales soared 44% to $108 billion. The results blew past Wall Street expectations with the company earning$15.79 per share vs. the consensus estimate of $9.54.</p><p>Amazon’s results showed demand remained strong for&nbsp;its massive online retail business even as the economy started to open up some. Shares rose more than 1%, but that was not enough to lift sentiment for the whole market.</p><p>Twitter, meanwhile, moved in the opposite direction onuser growth results and second-quarter revenue guidancethat fell short of analysts’ forecasts. The social media platform said monetizable daily active users totaled 199 million during the three months ended March 31 and reported per-share earnings of 16 cents. Twitter plunged 14%.</p><p>Apple was coming under some slight pressure in the premarket afterthe European Union said the company’s App Storewas breaching its competition rules. The shares were down 0.7%.</p><p>Exxon Mobil, Chevron, and Colgate-Palmolive are reporting earnings on Friday before the bell. Chevron shares fell afterquarterly EPS failed to exceed expectations. Colgate-Palmolive rose 1.5% in premarket trading after beating on the top and bottom lines of its quarterly results.</p><p>Twitter and Amazon’s equity performance should influence the S&amp;P 500 during the week’s final day of trading. The indexclosed at record levels on Thursdayon the heels of blowout earnings results from Apple and Facebook.</p><p>TheDow Jones Industrial Averageended the regular session up 0.7%, while theS&amp;P 500advanced just under 0.7% to finish the day at 4,211.47, a new closing high. The tech-heavyNasdaq Composite, which began the day up 1%, underperformed with a gain of just over 0.2%.</p><p>So far this week, the S&amp;P 500 is up 0.75%, the Dow is up less than 0.1% and the Nasdaq Composite is up 0.47%.</p><p>March spending jumped a better-than-expected 4.2%. Personal incomes surged by a massive 21.1% amid more fiscal stimulus.</p><p>The PCE price index for March increased 0.5% month-over-month and 2.3% on a year-over-year basis. The core PCE, excluding food and energy, rose 0.4% for March and 1.8% year-over-year. The PCE inflation metric is watched closely by the Federal Reserve and Chairman Jerome Powell warned earlier in the week it may show a transitory increase in prices.</p><p>The inflation numbers apparently weren’t as high as feared as the 10-year yield remained flat after the numbers were released.</p><p>Fed Chairman Jerome Powell told reporters that the central bank would need to see inflation sustained about 2% “for some time” before it moved to rein in its supportive asset purchases and near-zero interest rates.</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>Stocks fall despite blowout earnings from Amazon, Dow drops 150 points</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\">\nStocks fall despite blowout earnings from Amazon, Dow drops 150 points\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\">2021-04-30 21:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>The major averages slipped on Friday as investors pored over a flurry of earnings results and a robust profit beat from e-commerce giant Amazon.</p><p>The S&amp;P 500 fell 0.6%, while the Dow Jones Industrial Average shed 150 points. Nasdaq Composite dropped about 0.75%.</p><p>Amazon, the last of Wall Street’s mega-cap tech companies to publish results, reported a record first-quarter profit. The Seattle-based firm saidprofits more than tripled to $8.1 billionand January-to-March sales soared 44% to $108 billion. The results blew past Wall Street expectations with the company earning$15.79 per share vs. the consensus estimate of $9.54.</p><p>Amazon’s results showed demand remained strong for&nbsp;its massive online retail business even as the economy started to open up some. Shares rose more than 1%, but that was not enough to lift sentiment for the whole market.</p><p>Twitter, meanwhile, moved in the opposite direction onuser growth results and second-quarter revenue guidancethat fell short of analysts’ forecasts. The social media platform said monetizable daily active users totaled 199 million during the three months ended March 31 and reported per-share earnings of 16 cents. Twitter plunged 14%.</p><p>Apple was coming under some slight pressure in the premarket afterthe European Union said the company’s App Storewas breaching its competition rules. The shares were down 0.7%.</p><p>Exxon Mobil, Chevron, and Colgate-Palmolive are reporting earnings on Friday before the bell. Chevron shares fell afterquarterly EPS failed to exceed expectations. Colgate-Palmolive rose 1.5% in premarket trading after beating on the top and bottom lines of its quarterly results.</p><p>Twitter and Amazon’s equity performance should influence the S&amp;P 500 during the week’s final day of trading. The indexclosed at record levels on Thursdayon the heels of blowout earnings results from Apple and Facebook.</p><p>TheDow Jones Industrial Averageended the regular session up 0.7%, while theS&amp;P 500advanced just under 0.7% to finish the day at 4,211.47, a new closing high. The tech-heavyNasdaq Composite, which began the day up 1%, underperformed with a gain of just over 0.2%.</p><p>So far this week, the S&amp;P 500 is up 0.75%, the Dow is up less than 0.1% and the Nasdaq Composite is up 0.47%.</p><p>March spending jumped a better-than-expected 4.2%. Personal incomes surged by a massive 21.1% amid more fiscal stimulus.</p><p>The PCE price index for March increased 0.5% month-over-month and 2.3% on a year-over-year basis. The core PCE, excluding food and energy, rose 0.4% for March and 1.8% year-over-year. The PCE inflation metric is watched closely by the Federal Reserve and Chairman Jerome Powell warned earlier in the week it may show a transitory increase in prices.</p><p>The inflation numbers apparently weren’t as high as feared as the 10-year yield remained flat after the numbers were released.</p><p>Fed Chairman Jerome Powell told reporters that the central bank would need to see inflation sustained about 2% “for some time” before it moved to rein in its supportive asset purchases and near-zero interest rates.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197079056","content_text":"The major averages slipped on Friday as investors pored over a flurry of earnings results and a robust profit beat from e-commerce giant Amazon.The S&P 500 fell 0.6%, while the Dow Jones Industrial Average shed 150 points. Nasdaq Composite dropped about 0.75%.Amazon, the last of Wall Street’s mega-cap tech companies to publish results, reported a record first-quarter profit. The Seattle-based firm saidprofits more than tripled to $8.1 billionand January-to-March sales soared 44% to $108 billion. The results blew past Wall Street expectations with the company earning$15.79 per share vs. the consensus estimate of $9.54.Amazon’s results showed demand remained strong for its massive online retail business even as the economy started to open up some. Shares rose more than 1%, but that was not enough to lift sentiment for the whole market.Twitter, meanwhile, moved in the opposite direction onuser growth results and second-quarter revenue guidancethat fell short of analysts’ forecasts. The social media platform said monetizable daily active users totaled 199 million during the three months ended March 31 and reported per-share earnings of 16 cents. Twitter plunged 14%.Apple was coming under some slight pressure in the premarket afterthe European Union said the company’s App Storewas breaching its competition rules. The shares were down 0.7%.Exxon Mobil, Chevron, and Colgate-Palmolive are reporting earnings on Friday before the bell. Chevron shares fell afterquarterly EPS failed to exceed expectations. Colgate-Palmolive rose 1.5% in premarket trading after beating on the top and bottom lines of its quarterly results.Twitter and Amazon’s equity performance should influence the S&P 500 during the week’s final day of trading. The indexclosed at record levels on Thursdayon the heels of blowout earnings results from Apple and Facebook.TheDow Jones Industrial Averageended the regular session up 0.7%, while theS&P 500advanced just under 0.7% to finish the day at 4,211.47, a new closing high. The tech-heavyNasdaq Composite, which began the day up 1%, underperformed with a gain of just over 0.2%.So far this week, the S&P 500 is up 0.75%, the Dow is up less than 0.1% and the Nasdaq Composite is up 0.47%.March spending jumped a better-than-expected 4.2%. Personal incomes surged by a massive 21.1% amid more fiscal stimulus.The PCE price index for March increased 0.5% month-over-month and 2.3% on a year-over-year basis. The core PCE, excluding food and energy, rose 0.4% for March and 1.8% year-over-year. The PCE inflation metric is watched closely by the Federal Reserve and Chairman Jerome Powell warned earlier in the week it may show a transitory increase in prices.The inflation numbers apparently weren’t as high as feared as the 10-year yield remained flat after the numbers were released.Fed Chairman Jerome Powell told reporters that the central bank would need to see inflation sustained about 2% “for some time” before it moved to rein in its supportive asset purchases and near-zero interest rates.","news_type":1},"isVote":1,"tweetType":1,"viewCount":145,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195880652,"gmtCreate":1621271411276,"gmtModify":1631887107585,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Trash","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Trash","text":"$ARK Innovation ETF(ARKK)$Trash","images":[{"img":"https://static.tigerbbs.com/b5473c756eb474344767041630fdbca5","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/195880652","isVote":1,"tweetType":1,"viewCount":81,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":108430136,"gmtCreate":1620048111625,"gmtModify":1631887108577,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Come on","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>Come on","text":"$ARK Innovation ETF(ARKK)$Come on","images":[{"img":"https://static.tigerbbs.com/d9fe18255fd820f24e43a1d952f1a5a1","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/108430136","isVote":1,"tweetType":1,"viewCount":213,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":100553994,"gmtCreate":1619623215718,"gmtModify":1631889124966,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/CRSP\">$CRISPR Therapeutics AG(CRSP)$</a>Please fly","listText":"<a href=\"https://laohu8.com/S/CRSP\">$CRISPR Therapeutics AG(CRSP)$</a>Please fly","text":"$CRISPR Therapeutics AG(CRSP)$Please fly","images":[{"img":"https://static.tigerbbs.com/76a4eed52ff0a565291767722a00ee92","width":"750","height":"1068"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/100553994","isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":347604444,"gmtCreate":1618490710688,"gmtModify":1634292596781,"author":{"id":"3577364208499188","authorId":"3577364208499188","name":"Danielkan","avatar":"https://static.tigerbbs.com/eab9ced176dd218d4866d187eabfced6","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3577364208499188","authorIdStr":"3577364208499188"},"themes":[],"htmlText":"Reallly?","listText":"Reallly?","text":"Reallly?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/347604444","repostId":"1162545659","repostType":4,"repost":{"id":"1162545659","pubTimestamp":1618579529,"share":"https://www.laohu8.com/m/news/1162545659?lang=&edition=full","pubTime":"2021-04-16 21:25","market":"us","language":"en","title":"Ebang International Stock Is Cheap, Despite Crypto Exchange Launch","url":"https://stock-news.laohu8.com/highlight/detail?id=1162545659","media":"InvestorPlace","summary":"The market's negative response is your chance to pick up shares of EBON stock.(April 16) Ebang Inter","content":"<blockquote><b>The market's negative response is your chance to pick up shares of EBON stock.</b></blockquote><p>(April 16)&nbsp;Ebang International Stock&nbsp;rose&nbsp;about&nbsp;10%&nbsp;in Friday&nbsp;morning  trading.</p><p><img src=\"https://static.tigerbbs.com/6d2a11dd199f0e7985b484b15233c344\" tg-width=\"708\" tg-height=\"500\"></p><p>Among the most buzz-worthy names in the cryptocurrency mining space in 2021 is China-based<b>Ebang International</b>&nbsp;(NASDAQ:<b><u>EBON</u></b>). So far this year, it hasn’t been unusual to see tens of millions of EBON stock shares trade hands every Monday through Friday.</p><p>The company’sprimary business segments involvedesigning application-specific integrated circuit (ASICs) and manufacturing high-performance<b>Bitcoin</b>&nbsp;(CCC:<b>BTC-USD</b>) mining machines.</p><p>However, the company recently added another business segment. You might assume that this would be good news, but the market’s reaction wasn’t particularly positive.</p><p>In addition to that, there’s a scathing report from a well-known short seller to consider. So, is it possible to construct a bull thesis for Ebang International despite these concerns?</p><p><b>A Closer Look at EBON Stock</b></p><p>During the past three years, EBON stock has risen to about $10 and then fallen back to about $5 three times. Thus, we could say that there’s a defined price range for this stock.</p><p>Market traders could view this situation in a couple of different ways. If the up-and-down moves in Ebang shares are making you seasick, then perhaps you’d be better off investing is less volatile assets.</p><p>On the other hand, if you can handle volatility, then perhaps you can “play the range” in EBON stock. As of midday April 14, 2021, the stock was trading at $4.79, which is close to the bottom of the range.</p><p>And if you own shares and the price shoots back up to $10, that might be a good time to take profits and wait for another pullback.</p><p><b>The Big (but Disappointing) Launch</b></p><p>On March 12 of this year,&nbsp;<i>InvestorPlace</i>contributor William White reported on Ebang’s soon-to-comebeta testing of its new cryptocurrency exchange.</p><p>At that time, Ebang International Chairman and CEO Dong Hu suggesting that his company might also venture into “other business opportunities in establishing mining farms and cryptocurrency mining.”</p><p>EBON stock popped up to the $10 resistance level upon the release of that news. Yet, the share price didn’t stay there for much longer than a week.</p><p>Fast-forward to April 5, when White reported on thefull launch of Ebang’s cryptocurrency exchange, which is called Ebonex.</p><p>As White pointed out, it appears that the exchange isn’t available to everyone who wants to take part in trading crypto.</p><p>I tested this out from a U.S.-based location by visiting the website, and it returned a message saying, “We are sorry that EBONEXno longer provides crypto trading in your country/regiondue to local regulatory requirements for the crypto industry. Thank you for your support and understanding.”</p><p>I can imagine that some other folks visited the site and received the same message, and were disappointed. It might not be a mere coincidence, then, that the EBON stock price dropped over the next few days after the full Ebonex launch.</p><p><b>More Bad News</b></p><p>As if that weren’t problematic enough, here’s another potentially discouraging piece of news for Ebang shareholders.</p><p>On April 6,&nbsp;<i>InvestorPlace</i>contributor Vivian Medithi reported that famous analytic firm and short seller&nbsp;<b>Hindenburg Research</b>issued a strongly negative report about Ebang International.</p><p>Hindenburg’s accusations were quite harsh. For one thing, the short seller claimed that Ebang is reporting “whatappears to be fictitious volumes” for Ebonex.</p><p>Moreover, Hindenburg disputes Ebang’s claim to be a “leading bitcoin mining machine producer.” According to Hindenburg, Ebang “has since [May 2019] seen its sales dwindle to near-zero.”</p><p>Hindenburg’s report came out soon after Ebang’s disappointing crypto exchange launch. Together, these two events seem to have caused the EBON stock price to decline sharply.</p><p>So, is it time to grab some Ebang shares while they’re cheap? It depends on what type of investor you are.</p><p>Contrarians who like to buy on peak pessimism might view the share-price dip as an opportunity. Momentum-focused traders may choose to avoid the stock, however.</p><p><b>The Bottom Line</b></p><p>It’s not easy, on an emotional level, to buy a stock when there’s potentially bad news.</p><p>Yet, that’s what contrarian investors do. Currently, the sentiment surrounding EBON stock is strongly negative.</p><p>Therefore, depending on your investing style, you might choose to pick up a few Ebang shares. Just be sure to take profits if they get back to the $10 resistance level.</p>","source":"lsy1606302653667","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Ebang International Stock Is Cheap, Despite Crypto Exchange Launch</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\">\nEbang International Stock Is Cheap, Despite Crypto Exchange Launch\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-16 21:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/ebon-stock-is-cheap-despite-crypto-exchange-launch/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The market's negative response is your chance to pick up shares of EBON stock.(April 16) Ebang International Stock rose about 10% in Friday morning  trading.Among the most buzz-worthy names in the ...</p>\n\n<a href=\"https://investorplace.com/2021/04/ebon-stock-is-cheap-despite-crypto-exchange-launch/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EBON":"亿邦国际"},"source_url":"https://investorplace.com/2021/04/ebon-stock-is-cheap-despite-crypto-exchange-launch/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162545659","content_text":"The market's negative response is your chance to pick up shares of EBON stock.(April 16) Ebang International Stock rose about 10% in Friday morning  trading.Among the most buzz-worthy names in the cryptocurrency mining space in 2021 is China-basedEbang International (NASDAQ:EBON). So far this year, it hasn’t been unusual to see tens of millions of EBON stock shares trade hands every Monday through Friday.The company’sprimary business segments involvedesigning application-specific integrated circuit (ASICs) and manufacturing high-performanceBitcoin (CCC:BTC-USD) mining machines.However, the company recently added another business segment. You might assume that this would be good news, but the market’s reaction wasn’t particularly positive.In addition to that, there’s a scathing report from a well-known short seller to consider. So, is it possible to construct a bull thesis for Ebang International despite these concerns?A Closer Look at EBON StockDuring the past three years, EBON stock has risen to about $10 and then fallen back to about $5 three times. Thus, we could say that there’s a defined price range for this stock.Market traders could view this situation in a couple of different ways. If the up-and-down moves in Ebang shares are making you seasick, then perhaps you’d be better off investing is less volatile assets.On the other hand, if you can handle volatility, then perhaps you can “play the range” in EBON stock. As of midday April 14, 2021, the stock was trading at $4.79, which is close to the bottom of the range.And if you own shares and the price shoots back up to $10, that might be a good time to take profits and wait for another pullback.The Big (but Disappointing) LaunchOn March 12 of this year, InvestorPlacecontributor William White reported on Ebang’s soon-to-comebeta testing of its new cryptocurrency exchange.At that time, Ebang International Chairman and CEO Dong Hu suggesting that his company might also venture into “other business opportunities in establishing mining farms and cryptocurrency mining.”EBON stock popped up to the $10 resistance level upon the release of that news. Yet, the share price didn’t stay there for much longer than a week.Fast-forward to April 5, when White reported on thefull launch of Ebang’s cryptocurrency exchange, which is called Ebonex.As White pointed out, it appears that the exchange isn’t available to everyone who wants to take part in trading crypto.I tested this out from a U.S.-based location by visiting the website, and it returned a message saying, “We are sorry that EBONEXno longer provides crypto trading in your country/regiondue to local regulatory requirements for the crypto industry. Thank you for your support and understanding.”I can imagine that some other folks visited the site and received the same message, and were disappointed. It might not be a mere coincidence, then, that the EBON stock price dropped over the next few days after the full Ebonex launch.More Bad NewsAs if that weren’t problematic enough, here’s another potentially discouraging piece of news for Ebang shareholders.On April 6, InvestorPlacecontributor Vivian Medithi reported that famous analytic firm and short seller Hindenburg Researchissued a strongly negative report about Ebang International.Hindenburg’s accusations were quite harsh. For one thing, the short seller claimed that Ebang is reporting “whatappears to be fictitious volumes” for Ebonex.Moreover, Hindenburg disputes Ebang’s claim to be a “leading bitcoin mining machine producer.” According to Hindenburg, Ebang “has since [May 2019] seen its sales dwindle to near-zero.”Hindenburg’s report came out soon after Ebang’s disappointing crypto exchange launch. Together, these two events seem to have caused the EBON stock price to decline sharply.So, is it time to grab some Ebang shares while they’re cheap? It depends on what type of investor you are.Contrarians who like to buy on peak pessimism might view the share-price dip as an opportunity. Momentum-focused traders may choose to avoid the stock, however.The Bottom LineIt’s not easy, on an emotional level, to buy a stock when there’s potentially bad news.Yet, that’s what contrarian investors do. Currently, the sentiment surrounding EBON stock is strongly negative.Therefore, depending on your investing style, you might choose to pick up a few Ebang shares. 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Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630370460,"share":"https://www.laohu8.com/m/news/2163381188?lang=&edition=full","pubTime":"2021-08-31 08:41","market":"hk","language":"en","title":"Former Fed official warns of 'urgent' threat of another financial crisis","url":"https://stock-news.laohu8.com/highlight/detail?id=2163381188","media":"Dow Jones","summary":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered F","content":"<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</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>Former Fed official warns of 'urgent' threat of another financial crisis</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\">\nFormer Fed official warns of 'urgent' threat of another financial crisis\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-31 08:41</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Don Kohn calls on Congress to pass financial stability mandates for regulators.\n</blockquote>\n<p>Investors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.</p>\n<p>Don Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.</p>\n<p>\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"</p>\n<p>Kohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.</p>\n<p>Despite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.</p>\n<p>What's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.</p>\n<p>Kohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"</p>\n<p>Unlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.</p>\n<p>One strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks <a href=\"https://laohu8.com/S/XLF\">$(XLF)$</a> to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.</p>\n<p>The Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.</p>\n<p>\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.</p>\n<p>Kohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.</p>\n<p>Kohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.</p>\n<p>\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.</p>\n<p>Kohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.</p>\n<p>\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","SPY":"标普500ETF",".DJI":"道琼斯",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2163381188","content_text":"Don Kohn calls on Congress to pass financial stability mandates for regulators.\n\nInvestors cheered Federal Reserve Chairman Jerome Powell's Jackson Hole speech on Friday, with markets interpreting it to mean that the central bank would not too quickly wind down its support of the economy. But not every speaker at the annual gathering gave cause for optimism.\nDon Kohn, the Fed's former vice chair for financial supervision, used the opportunity instead to warn of imminent risks to the stability of the global financial system, and called on regulators and lawmakers to take swift action to address those concerns.\n\"Dealing with risks to the financial stability is urgent,\" he said during a speech to the Federal Reserve Bank of Kansas City's annual Jackson Hole Economic Policy Symposium. \"The current situation is replete with...unusually large risks of the unexpected, which, if they come to pass, could result in the financial system amplifying shocks, putting the economy at risk.\"\nKohn pointed to the minutes of the most recent Federal Reserve meeting, which indicated that members of the bank's interest-rate setting committee saw there were \"notable\" vulnerabilities in the financial system as asset values have risen to historical highs and government and private debt have reached near-record levels relative to the size of the economy.\nDespite these excesses, investors don't appear concerned, as evidenced by low interest rates on a wide range of government and corporate debt \"even though a disproportionate increase in private debt has been among lower-rated business borrowers,' he said.\nWhat's more, Kohn said, the government appears to be in a poor position to respond to an economic downturn that could result from a bursting of an asset bubble or a debt crisis, given that the Federal Reserve is already engaged in aggressive monetary stimulus, while the federal government is maintaining a historically high budget deficit.\nKohn's wariness about the state of the economy and financial markets is shared among many high-profile investors, with GMO co-founder Jeremy Grantham being one of the most high profile advocates of this point of view. In June, he argued the Fed should \"act to deflate all asset prices as carefully as [it can], knowing that an earlier decline, however painful, would be smaller and less dangerous than waiting.\"\nUnlike such bubble-watchers as Grantham, however, Kohn is not laying the blame for high debt and asset prices at the feet of Fed policy. Rather, he is arguing that the central bank must prepare now for a potential bubble bursting through prudential regulation.\nOne strategy for insulating the U.S. economy from the bursting of an asset bubble would be to require major banks $(XLF)$ to fund themselves with less debt and more equity, in the form of retained earnings or money raised from stockholders.\nThe Fed's so-called countercyclical capital buffer enables the regulator to modify how much debt banks are able to take on, decreasing the level in good times when banks can afford to do so.\n\"By raising capital requirements during boom times, that could put a break on runaway asset prices,\" Jeremy Kress, a former attorney in the banking regulation and policy group at the Federal Reserve, and a professor at Michigan's Ross School of Business, told MarketWatch in June. \"The Federal Reserve, in contrast to other countries, has never turned on this discretionary buffer. Perhaps now might be a good time to activate it,\" said Kress.\nKohn urged the Fed to increase the counter-cyclical capital buffer, something that Randal Quarles, the current Fed vice chairman for financial supervision, has resisted doing, telling an industry audience in June that raising the buffer would \"needlessly reduce the ability of firms to provide credit to their customers.\" The disagreement could soon become political, as President Joe Biden's progressive allies have called on him to nominate either a Fed chair or vice chair that is more amenable to tougher rules on bank lending.\nKohn also took aim at two creations of the Dodd-Frank financial reform law instituted in the wake of the last financial crisis: the Financial Stability Oversight Council, which comprises the heads of all the major financial regulatory bodies, and the Office of Financial Research, which was equipped with subpoena power so regulators could demand information needed to maintain financial stability.\n\"I think most would agree that the performance of these two new entities has been spotty,\" Kohn said, arguing that FSOC has proven unable to act quickly while the OFR has never used its subpoena power for fear of ruffling feathers in the industry. He argued that FSOC should be reorganized to give the treasury secretary more power to act unilaterally and that the OFR should be given a new, clear mandate to regularly gather information policymakers need.\nKohn also called on Congress to pass a new mandate for all federal financial regulators to make financial stability a priority.\n\"Right now, systemic risk is not something they are required to take into account as they carry out their missions,\" he said. \"They should be required to broaden their perspective to consider the systemic implications of their actions and of the activities and firms they oversee and be held accountable for doing this.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":118,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}