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Crypto Custodian Brane Capital Announces Public Listing Plans
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2021-06-14
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Brane Vault offers advanced proprietary technology and processes with numerous provisional patents and is fully insured against theft and crime.</i></p>","source":"highlight_streetinsider","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>Crypto Custodian Brane Capital Announces Public Listing Plans</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\">\nCrypto Custodian Brane Capital Announces Public Listing Plans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 23:14 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18555354><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OTTAWA, Ontario, June 14, 2021 /PRNewswire/ -- Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021.\nThe strategy will advance...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18555354\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00626":"大众金融控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18555354","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143780057","content_text":"OTTAWA, Ontario, June 14, 2021 /PRNewswire/ -- Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021.\nThe strategy will advance Brane's intention to become the first made-in-Canada qualified custodian for digital assets, providing Canadian financial institutions and investors with a domestic, industry-leading custody solution in a space currently dominated by a single U.S. company.\nBrane has signed a letter of intent with Timeless Capital Corp., a capital pool company listed on the TSX Venture Exchange, for a reverse takeover transaction that will result in Brane's public listing on the Exchange, subject to regulatory approvals.\nTimeless Capital Corp's release on the transaction can be found here.\n\"Becoming a public company will be another significant step in our mission of bringing a truly Canadian, regulatory compliant custody solution to the world's new asset class. We have a strong working relationship with the team at Timeless Capital Corp., and we look forward to a long and productive future together,\" said Adam Miron, Brane's Chairman and Interim CEO. Miron is co-founder of HEXO Corp., which debuted its first public listing on the TSX Venture before listing on the TSX and NYSE with continued high trading volumes. \"Make no mistake: we consider it unacceptable that Canadian investors and institutions are forced to rely on a single US custodian, which also operates an exchange, for their crypto assets. Brane's public listing is our next step to changing that for good.\"\nBrane's board of directors will remain the same, including Ontario's 24th Premier, Dalton McGuinty, and Dave Revell, former Global Chief Information Officer and EVP at CIBC, and the recent addition of Sheldon Bennett, CEO of DMG Blockchain Solutions.\n\"Our go-public transaction will provide Brane with the capital to execute an aggressive global acquisition and expansion strategy, further strengthening our world-class offering while maintaining our relentless focus on independent, unconflicted crypto custody,\" said Jerome Dwight, Brane's President and the former CEO of Bank of New York Mellon Canada, part of the world's largest custody bank. \"We believe strongly that crypto custodians should be unconflicted and independent of any exchange or trading platform. Brane's independence, cutting-edge technology, strong regulatory compliance systems, and experienced leadership team position us to lead the industry as mainstream adoption of crypto assets gathers momentum.\"\nFor more information:\nAdam MironInterim-CEO & ChairmanBrane Capital613-986-2422 312008@email4pr.com\nFounded in 2017, Brane is a blockchain innovation company. Brane helps organizations understand and unlock the power of the blockchain and digital assets. Brane Vault, its digital asset custody service, is ISO 27001 certified – first in the world with cryptocurrency in scope, ISO 27017 certified, and NIST Tier 4 — the first company in Canada, in any industry, to receive such certification. Brane Vault offers advanced proprietary technology and processes with numerous provisional patents and is fully insured against theft and 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23:14","market":"us","language":"en","title":"Crypto Custodian Brane Capital Announces Public Listing Plans","url":"https://stock-news.laohu8.com/highlight/detail?id=2143780057","media":"StreetInsider","summary":"OTTAWA, Ontario, June 14, 2021 /PRNewswire/ -- Brane Inc., a leading cryptocurrency custodian, annou","content":"<p>OTTAWA, Ontario, June 14, 2021 /PRNewswire/ -- Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021.</p>\n<p>The strategy will advance Brane's intention to become the first made-in-Canada qualified custodian for digital assets, providing Canadian financial institutions and investors with a domestic, industry-leading custody solution in a space currently dominated by a single U.S. company.</p>\n<p>Brane has signed a letter of intent with Timeless Capital Corp., a capital pool company listed on the TSX Venture Exchange, for a reverse takeover transaction that will result in Brane's public 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We have a strong working relationship with the team at Timeless Capital Corp., and we look forward to a long and productive future together,\" said Adam Miron, Brane's Chairman and Interim CEO. Miron is co-founder of <a href=\"https://laohu8.com/S/HEXO\">HEXO Corp.</a>, which debuted its first public listing on the TSX Venture before listing on the TSX and NYSE with continued high trading volumes. \"Make no mistake: we consider it unacceptable that Canadian investors and institutions are forced to rely on a single US custodian, which also operates an exchange, for their crypto assets. Brane's public listing is our next step to changing that for good.\"</p>\n<p>Brane's board of directors will remain the same, including Ontario's 24th Premier, Dalton McGuinty, and Dave Revell, former Global Chief Information Officer and EVP at CIBC, and the recent addition of Sheldon Bennett, CEO of DMG Blockchain Solutions.</p>\n<p>\"Our go-public transaction will provide Brane with the capital to execute an aggressive global acquisition and expansion strategy, further strengthening our world-class offering while maintaining our relentless focus on independent, unconflicted crypto custody,\" said Jerome Dwight, Brane's President and the former CEO of Bank of New York Mellon Canada, part of the world's largest custody bank. \"We believe strongly that crypto custodians should be unconflicted and independent of any exchange or trading platform. Brane's independence, cutting-edge technology, strong regulatory compliance systems, and experienced leadership team position us to lead the industry as mainstream adoption of crypto assets gathers momentum.\"</p>\n<p><b>For more information:</b></p>\n<p>Adam MironInterim-CEO & ChairmanBrane Capital613-986-2422 312008@email4pr.com</p>\n<p><i>Founded in 2017, Brane is a blockchain innovation company. Brane helps organizations understand and unlock the power of the blockchain and digital assets. Brane Vault, its digital asset custody service, is ISO 27001 certified – first in the world with cryptocurrency in scope, ISO 27017 certified, and NIST Tier 4 — the first company in Canada, in any industry, to receive such certification. Brane Vault offers advanced proprietary technology and processes with numerous provisional patents and is fully insured against theft and crime.</i></p>","source":"highlight_streetinsider","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>Crypto Custodian Brane Capital Announces Public Listing Plans</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\">\nCrypto Custodian Brane Capital Announces Public Listing Plans\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 23:14 GMT+8 <a href=https://www.streetinsider.com/dr/news.php?id=18555354><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>OTTAWA, Ontario, June 14, 2021 /PRNewswire/ -- Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021.\nThe strategy will advance...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18555354\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00626":"大众金融控股"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18555354","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143780057","content_text":"OTTAWA, Ontario, June 14, 2021 /PRNewswire/ -- Brane Inc., a leading cryptocurrency custodian, announced today that it plans to become a publicly traded company in fall 2021.\nThe strategy will advance Brane's intention to become the first made-in-Canada qualified custodian for digital assets, providing Canadian financial institutions and investors with a domestic, industry-leading custody solution in a space currently dominated by a single U.S. company.\nBrane has signed a letter of intent with Timeless Capital Corp., a capital pool company listed on the TSX Venture Exchange, for a reverse takeover transaction that will result in Brane's public listing on the Exchange, subject to regulatory approvals.\nTimeless Capital Corp's release on the transaction can be found here.\n\"Becoming a public company will be another significant step in our mission of bringing a truly Canadian, regulatory compliant custody solution to the world's new asset class. We have a strong working relationship with the team at Timeless Capital Corp., and we look forward to a long and productive future together,\" said Adam Miron, Brane's Chairman and Interim CEO. Miron is co-founder of HEXO Corp., which debuted its first public listing on the TSX Venture before listing on the TSX and NYSE with continued high trading volumes. \"Make no mistake: we consider it unacceptable that Canadian investors and institutions are forced to rely on a single US custodian, which also operates an exchange, for their crypto assets. Brane's public listing is our next step to changing that for good.\"\nBrane's board of directors will remain the same, including Ontario's 24th Premier, Dalton McGuinty, and Dave Revell, former Global Chief Information Officer and EVP at CIBC, and the recent addition of Sheldon Bennett, CEO of DMG Blockchain Solutions.\n\"Our go-public transaction will provide Brane with the capital to execute an aggressive global acquisition and expansion strategy, further strengthening our world-class offering while maintaining our relentless focus on independent, unconflicted crypto custody,\" said Jerome Dwight, Brane's President and the former CEO of Bank of New York Mellon Canada, part of the world's largest custody bank. \"We believe strongly that crypto custodians should be unconflicted and independent of any exchange or trading platform. Brane's independence, cutting-edge technology, strong regulatory compliance systems, and experienced leadership team position us to lead the industry as mainstream adoption of crypto assets gathers momentum.\"\nFor more information:\nAdam MironInterim-CEO & ChairmanBrane Capital613-986-2422 312008@email4pr.com\nFounded in 2017, Brane is a blockchain innovation company. Brane helps organizations understand and unlock the power of the blockchain and digital assets. Brane Vault, its digital asset custody service, is ISO 27001 certified – first in the world with cryptocurrency in scope, ISO 27017 certified, and NIST Tier 4 — the first company in Canada, in any industry, to receive such certification. Brane Vault offers advanced proprietary technology and processes with numerous provisional patents and is fully insured against theft and crime.","news_type":1},"isVote":1,"tweetType":1,"viewCount":89,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185257015,"gmtCreate":1623656227237,"gmtModify":1634030574992,"author":{"id":"3578037642336730","authorId":"3578037642336730","name":"Arthirious","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578037642336730","authorIdStr":"3578037642336730"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185257015","repostId":"1149041374","repostType":4,"isVote":1,"tweetType":1,"viewCount":332,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185256161,"gmtCreate":1623656004253,"gmtModify":1634030577529,"author":{"id":"3578037642336730","authorId":"3578037642336730","name":"Arthirious","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578037642336730","authorIdStr":"3578037642336730"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185256161","repostId":"2143178592","repostType":4,"repost":{"id":"2143178592","kind":"highlight","pubTimestamp":1623653342,"share":"https://www.laohu8.com/m/news/2143178592?lang=&edition=full","pubTime":"2021-06-14 14:49","market":"us","language":"en","title":"Is Peloton Stock a Better Buy After the Recall?","url":"https://stock-news.laohu8.com/highlight/detail?id=2143178592","media":"Motley Fool","summary":"The company expects slower growth this year, but Peloton is continuing to expand its offering and expand internationally.","content":"<p>The recent downward spiral in <b>Peloton Interactive</b>'s (NASDAQ:PTON) stock price has been unnerving for some investors. After an impressive climb during the pandemic, the stock has lost a third of its value year to date. While it's normal to see growth stocks experience wild price swings occasionally, investors are probably wondering whether the stock is a buy, sell, or hold following the company's recall of its treadmill products recently.</p>\n<p>On top of the recalls, management issued forward guidance for fiscal 2021 that shows a sharp deceleration in growth. For fiscal fourth quarter 2021, guidance calls for revenue to be $915 million, or a year-over-year increase of 51%. That's way down from the triple-digit levels Peloton reported last year.</p>\n<p>However, since Peloton acknowledged the problem and issued a recall of its treadmill products, the stock has rebounded 29% over the last month. The recent jump may signal that the near-term effect of the recalls has already been discounted in the stock price and that investors are looking ahead to fiscal 2022 and beyond.</p>\n<p class=\"t-img-caption\"><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F630338%2Fpeloton-bike-in-a-living-room.png&w=700&op=resize\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Peloton Interactive.</span></p>\n<p>How Peloton performs over many years is way more important than how fast it grows in fiscal 2021. On that score, there are three reasons that the lower share price might present a good buying opportunity.</p>\n<h2>1. Peloton is seeing record upgrades to its exercise products</h2>\n<p>When a stock has fallen on disappointing news, it often pays to take a peek beneath the headline numbers to find clues about the real strength of the company's business. We know Peloton is likely going to experience a deceleration in growth in the next quarter based on guidance. But the investment case for Peloton centers around its long-term potential to capture its immediate addressable market of 15 million households. Peloton ended the last quarter with just 2.08 million connected fitness subscribers, which is the term used for the Bike and Tread products.</p>\n<p>It's got a long way to go, so the most important thing investors want to know is how customers are responding to the idea of purchasing a Peloton bike coming out of the pandemic. During the fiscal third-quarter earnings call, CFO Jill Woodworth offered <a href=\"https://laohu8.com/S/AONE\">one</a> interesting detail about consumers' interest in Peloton's exercise products:</p>\n<p>\"During the past year, we've dedicated more resources to building a powerful digital to connected fitness upgrade path, and we are currently driving the highest monthly upgrade rates we have ever achieved.\"</p>\n<p>What Woodworth is referring to is a strong trend of digital app members deciding to purchase a Peloton Bike. Peloton offers a digital app subscription with access to yoga, outdoor running, strength classes, and other activities for $12.99 per month. Total subscribers across digital app and connected fitness products stood at over 5 million last quarter. The digital app serves as both a companion to the Bike and Tread, and an acquisition tool for management to attract new buyers.</p>\n<p>Woodworth sees the strong upgrade trend leading to more growth over time. \"As our digital membership base grows, we expect our improving upgrade rates to become an increasingly large driver of our connected fitness sales,\" she said.</p>\n<h2>2. Peloton continues to expand its product offering</h2>\n<p>It's also important to realize that Peloton has a broader product offering than it did during the pandemic, when revenue growth was exploding. This year, Peloton has two models with Bike and the new Bike+. The new version added a rotating screen for off-the-bike strength workouts, in addition to other features, including <b>Apple</b> GymKit compatibility.</p>\n<p>During a recent investor conference hosted by <b>Bank of America</b>, Woodworth pointed out that Peloton drove its growth last year without having to spend as much on marketing. However, the company is planning to ramp its marketing spending back up in the near term. With the larger product portfolio, it's in a stronger marketing position than before the pandemic.</p>\n<p>Peloton has relaunched and added new classes for yoga, barre, and pilates to its workout library over the last year. The company is excited to spread the word about its expanded offering.</p>\n<p>Keep in mind, this is a company that earns very high returns on marketing. For example, over the last two years, Peloton has increased its trailing-12-month marketing expense by 80%, but revenue has grown 303% over that time. This shows that Peloton is very effective with its marketing campaigns in bringing in new customers, and its ability to do this should be even more enhanced with an expanded product portfolio.</p>\n<h2>3. International growth is underestimated</h2>\n<p>Peloton's estimated addressable market of 15 million households is just in the four markets it's currently operating in. It doesn't count new geographies it plans to penetrate soon. Peloton will launch in Australia in the near term, and it's targeting <a href=\"https://laohu8.com/S/AONE.U\">one</a> to two new markets per year.</p>\n<p>Management believes that as it launches new products and expands to new geographies, the addressable market will also expand beyond the current estimate.</p>\n<p>Investors will have to tolerate the volatility in the share price, but I believe the stock is still a buy, given the opportunities ahead.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Is Peloton Stock a Better Buy After the Recall?</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\">\nIs Peloton Stock a Better Buy After the Recall?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-14 14:49 GMT+8 <a href=https://www.fool.com/investing/2021/06/13/is-peloton-stock-a-better-buy-after-the-recall/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The recent downward spiral in Peloton Interactive's (NASDAQ:PTON) stock price has been unnerving for some investors. After an impressive climb during the pandemic, the stock has lost a third of its ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/13/is-peloton-stock-a-better-buy-after-the-recall/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PTON":"Peloton Interactive, Inc."},"source_url":"https://www.fool.com/investing/2021/06/13/is-peloton-stock-a-better-buy-after-the-recall/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143178592","content_text":"The recent downward spiral in Peloton Interactive's (NASDAQ:PTON) stock price has been unnerving for some investors. After an impressive climb during the pandemic, the stock has lost a third of its value year to date. While it's normal to see growth stocks experience wild price swings occasionally, investors are probably wondering whether the stock is a buy, sell, or hold following the company's recall of its treadmill products recently.\nOn top of the recalls, management issued forward guidance for fiscal 2021 that shows a sharp deceleration in growth. For fiscal fourth quarter 2021, guidance calls for revenue to be $915 million, or a year-over-year increase of 51%. That's way down from the triple-digit levels Peloton reported last year.\nHowever, since Peloton acknowledged the problem and issued a recall of its treadmill products, the stock has rebounded 29% over the last month. The recent jump may signal that the near-term effect of the recalls has already been discounted in the stock price and that investors are looking ahead to fiscal 2022 and beyond.\nImage source: Peloton Interactive.\nHow Peloton performs over many years is way more important than how fast it grows in fiscal 2021. On that score, there are three reasons that the lower share price might present a good buying opportunity.\n1. Peloton is seeing record upgrades to its exercise products\nWhen a stock has fallen on disappointing news, it often pays to take a peek beneath the headline numbers to find clues about the real strength of the company's business. We know Peloton is likely going to experience a deceleration in growth in the next quarter based on guidance. But the investment case for Peloton centers around its long-term potential to capture its immediate addressable market of 15 million households. Peloton ended the last quarter with just 2.08 million connected fitness subscribers, which is the term used for the Bike and Tread products.\nIt's got a long way to go, so the most important thing investors want to know is how customers are responding to the idea of purchasing a Peloton bike coming out of the pandemic. During the fiscal third-quarter earnings call, CFO Jill Woodworth offered one interesting detail about consumers' interest in Peloton's exercise products:\n\"During the past year, we've dedicated more resources to building a powerful digital to connected fitness upgrade path, and we are currently driving the highest monthly upgrade rates we have ever achieved.\"\nWhat Woodworth is referring to is a strong trend of digital app members deciding to purchase a Peloton Bike. Peloton offers a digital app subscription with access to yoga, outdoor running, strength classes, and other activities for $12.99 per month. Total subscribers across digital app and connected fitness products stood at over 5 million last quarter. The digital app serves as both a companion to the Bike and Tread, and an acquisition tool for management to attract new buyers.\nWoodworth sees the strong upgrade trend leading to more growth over time. \"As our digital membership base grows, we expect our improving upgrade rates to become an increasingly large driver of our connected fitness sales,\" she said.\n2. Peloton continues to expand its product offering\nIt's also important to realize that Peloton has a broader product offering than it did during the pandemic, when revenue growth was exploding. This year, Peloton has two models with Bike and the new Bike+. The new version added a rotating screen for off-the-bike strength workouts, in addition to other features, including Apple GymKit compatibility.\nDuring a recent investor conference hosted by Bank of America, Woodworth pointed out that Peloton drove its growth last year without having to spend as much on marketing. However, the company is planning to ramp its marketing spending back up in the near term. With the larger product portfolio, it's in a stronger marketing position than before the pandemic.\nPeloton has relaunched and added new classes for yoga, barre, and pilates to its workout library over the last year. The company is excited to spread the word about its expanded offering.\nKeep in mind, this is a company that earns very high returns on marketing. For example, over the last two years, Peloton has increased its trailing-12-month marketing expense by 80%, but revenue has grown 303% over that time. This shows that Peloton is very effective with its marketing campaigns in bringing in new customers, and its ability to do this should be even more enhanced with an expanded product portfolio.\n3. International growth is underestimated\nPeloton's estimated addressable market of 15 million households is just in the four markets it's currently operating in. It doesn't count new geographies it plans to penetrate soon. Peloton will launch in Australia in the near term, and it's targeting one to two new markets per year.\nManagement believes that as it launches new products and expands to new geographies, the addressable market will also expand beyond the current estimate.\nInvestors will have to tolerate the volatility in the share price, but I believe the stock is still a buy, given the opportunities ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185244563,"gmtCreate":1623656916552,"gmtModify":1634030568005,"author":{"id":"3578037642336730","authorId":"3578037642336730","name":"Arthirious","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578037642336730","authorIdStr":"3578037642336730"},"themes":[],"htmlText":"Naisu","listText":"Naisu","text":"Naisu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185244563","repostId":"1177806573","repostType":4,"repost":{"id":"1177806573","kind":"news","pubTimestamp":1623452856,"share":"https://www.laohu8.com/m/news/1177806573?lang=&edition=full","pubTime":"2021-06-12 07:07","market":"us","language":"en","title":"As America reopens, businesses—from airlines to arenas—see an uptick in bad behavior","url":"https://stock-news.laohu8.com/highlight/detail?id=1177806573","media":"cnbc","summary":"KEY POINTS\n\nAmerican and Southwest airlines recently stopped serving alcohol after an uptick in viol","content":"<div>\n<p>KEY POINTS\n\nAmerican and Southwest airlines recently stopped serving alcohol after an uptick in violence during flights.\nRowdy NBA fans involved in recent incidents have been banned from arenas, some ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/as-america-reopens-businesses-see-an-uptick-in-bad-behavior-.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; 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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\">\nAs America reopens, businesses—from airlines to arenas—see an uptick in bad behavior\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 07:07 GMT+8 <a href=https://www.cnbc.com/2021/06/11/as-america-reopens-businesses-see-an-uptick-in-bad-behavior-.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nAmerican and Southwest airlines recently stopped serving alcohol after an uptick in violence during flights.\nRowdy NBA fans involved in recent incidents have been banned from arenas, some ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/as-america-reopens-businesses-see-an-uptick-in-bad-behavior-.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.cnbc.com/2021/06/11/as-america-reopens-businesses-see-an-uptick-in-bad-behavior-.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1177806573","content_text":"KEY POINTS\n\nAmerican and Southwest airlines recently stopped serving alcohol after an uptick in violence during flights.\nRowdy NBA fans involved in recent incidents have been banned from arenas, some even arrested.\nTarget pulled back on selling sports trading cards after a violent dispute.\n\nCrime’s up. Tempers are up.\nAcross the United States, businesses are grappling with an astonishing rise in what can only be called “people behaving badly.”\nRetail workers have been subjected to horrifying attacks based on their race, gender identity or disability. Flight attendants have been verbally — and occasionally physically — assaulted. Aggressive driving has led to road rage, with deadly consequences. Shoppers are brawling in the aisles.\nExperts are pointing to soaring stress levels as the trigger for the rise in these types of incidents.\nThe not-so-friendly skies\nIn May, aflight attendantforSouthwest Airlineshadtwo teeth knocked out by a furious passenger,according to law enforcement who arrested the woman in San Diego. It was just one of the latest examples as airlines struggle with an unprecedented onslaught of confrontations.\n“We can say with confidence that the number of reports we’ve received during the past several months are significantly higher than the numbers we’ve seen in the past,” said Ian Gregor, a spokesman for the Federal Aviation Administration.\nThe FAA tracks incidentswith problem passengers and says issues surrounding face masks have been a contributing factor.\nUnion reps have described the situation as an “epidemic of aggression and assault.”\nAlcohol also can be a factor. Both Southwest andAmerican Airlineshave decidednot to resume in-flight alcohol salesright now because of the unruly behavior.\nIndefinite bans for NBA fans\nNBA fans returning to arenas is a welcome sight for the league, which was reportedly$1.5 billion short of revenue expectationslast season as the pandemic resulted in lost ticket sales. Yet, the return of fans has brought a host of new problems.\nFor example, in Boston, a 21-year-old Celtics fan wascharged with assault and batteryby means of a dangerous weapon, after heaving a water bottle at Brooklyn Nets star Kyrie Irving as he left the court at TD Garden.\nIn New York, Atlanta Hawks guardTrae Young got spit onduring a playoff game against the Knicks at Madison Square Garden. And Washington Wizards starRussell Westbrookgot popcorn dumped on him by a fan as he left the court with an injury.\n“To be completely honest, this s--- is getting out of hand. ... The amount of disrespect, the amount of fans just doing whatever the f--- they want to do ... it’s just out of pocket,” Westbrook said in a postgame press conference.\nThe league issueda statementon the recent behavior and made changes to its fan code of conduct as a result.\n“The return of more NBA fans to our arenas has brought great excitement and energy to the start of the playoffs, but it is critical that we all show respect for players, officials and our fellow fans,” the NBA said.\nMany of the teams impacted are not tolerating the bad behavior,placing indefinite bans on rude fansattending future games.\n“Something’s gonna happen to the wrong person and it’s not gonna be good,” warned Portland star Damian Lillard.\nRetailers team up\nIt’s not just sports stadiums and arenas. The retail industry is also seeing an uptick in bad behavior, often targeted toward employees. According to Emily May, co-founder and executive director of the nonprofitHollaback!, retailers are seeing an alarming rise in discrimination where floor staff are being targeted for who they are when enforcing safety measures.\n“Given the rise in hate violence — which is at an all-time high — frontline workers are more vulnerable than ever,” she said in a statement.\nIt’s gotten so bad that at least a dozen retailers includingGap,Dick’s Sporting Goodsand Sephora have teamed up to collaborate on a campaign with the nonprofitOpen to All.\n“We are trying to create a movement where everyone comes together around the values of inclusion and safety, where we all can be safe and accepted and belong for who we are,” said director Calla Devlin Rongerude.\n“We haven’t been in crowds, we haven’t negotiated spaces with a lot of other people for quite a while. I think we’re out of practice with how to be human with each other,” she added.\nAs part of the campaign, the participating retailers will have access to a toolkit and other resources to support front-line workers.\nGrown men fighting over Pokemon cards\nAs theresale value of Pokemon and sports cards has skyrocketedduring the pandemic, retailers such asTargetandWalmarthave seen firsthand the impact: grown men getting in physical altercations over these cards.\nLast month, a 35-year-old manpulled a gunwhen he was attacked by a group of men in a trading-card related fight. It forced Target to temporarily pull the trading cards from its stores.\n“The safety of our guests and team members is our top priority,” Target said in a statement.\nThe retailer said Pokemon cards have since returned to the store but customers are subject to strict purchase limits of two packs per guest. The sale of MLB, NFL and NBA trading cards is still limited to Target’s website.\nRemember ‘the Golden Rule’\nWhether it’s aggressive driving or tempers on full display in restaurants, gas stations or Little League games, the bad behavior is caused by a confluence of factors, according to Thomas Plante, a psychology professor at the University of Santa Clara.\n“We’ve got a tsunami of mental health issues out there, with anxiety and depression,” Plante said, adding that our collective stress levels have never been higher.\nPeople are juggling multiple stressors, he said. Among them: the pandemic, death, illness, job loss, homeschooling kids, isolation and other challenges. That frustration can lead to aggression.\nThere’s also “observational learning,” Plante said, explaining that when people see bad behavior all around them, even by so-called role models, they are more likely to repeat it.\n“People model behavior of others, especially highly valued models, like ... well-known politicians,” Plante said. “People look at how they behave, which has been pretty bad, and they go and do likewise.”\nWhat will reverse the trend? Plante’s suggestion sounds like something one might hear from the pulpit or a parent: Treat others the way you want to be treated.\n“People have kind of gotten out of practice about how to behave in public, and how to behave in a polite, civil society,” Plante said.\nThe Golden Rule can help us get back on track.","news_type":1},"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185258988,"gmtCreate":1623655929044,"gmtModify":1634030578499,"author":{"id":"3578037642336730","authorId":"3578037642336730","name":"Arthirious","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578037642336730","authorIdStr":"3578037642336730"},"themes":[],"htmlText":"Byd <3","listText":"Byd <3","text":"Byd <3","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185258988","repostId":"1124730835","repostType":4,"isVote":1,"tweetType":1,"viewCount":235,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185227401,"gmtCreate":1623655591503,"gmtModify":1634030581863,"author":{"id":"3578037642336730","authorId":"3578037642336730","name":"Arthirious","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":6,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578037642336730","authorIdStr":"3578037642336730"},"themes":[],"htmlText":"Solid","listText":"Solid","text":"Solid","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/185227401","repostId":"2143857817","repostType":4,"isVote":1,"tweetType":1,"viewCount":226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
