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WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO
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","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853463182","repostId":"1177823768","repostType":4,"repost":{"id":"1177823768","kind":"news","pubTimestamp":1634825456,"share":"https://www.laohu8.com/m/news/1177823768?lang=&edition=full","pubTime":"2021-10-21 22:10","market":"us","language":"en","title":"WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1177823768","media":"The Wall Street Journal","summary":"Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce ","content":"<blockquote>\n <b>Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.</b>\n</blockquote>\n<p>WeWork shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/85a19775eda4d912da012ce71b6d0269\" tg-width=\"1044\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p>The shared-office company WeWork went public through a combination withBowX AcquisitionCorp., a special-purpose acquisition company. Shares, trading under the name WeWork Inc., rose over 5% to nearly $11 Thursday morning.</p>\n<p>In 2019, WeWork’s IPO fell apart as the company faced questions about its corporate governance and how much it was worth. Now the entity that is making its debut on the New York Stock Exchange has undergone a refresh under Chief Executive Sandeep Mathrani. It has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during the Covid-19 pandemic.</p>\n<p>The deal with BowX Acquisition earlier this year gave WeWork a roughly $8 billion equity value. The combination provides WeWork with cash proceeds of about $1.3 billion, the companies said.</p>\n<p>Founded in 2010, WeWork is a player in the market for flexible office space. It signs long-term leases with landlords, and after renovating a space and furnishing it, the company subleases small offices or even whole buildings to tenants for as little as a month at a time.</p>\n<p>The company had a $47 billion valuation in the lead-up to its IPO, but its attempt to tap the public markets in 2019 failed when investors rejected the money-losing company. Itsvisionary yet erraticleader, Adam Neumann, subsequentlyresigned as chief executive, telling staff in an email at the time that “too much focus has been placed on me.”</p>\n<p>SoftBank GroupCorp.9984-2.06%, the Japanese technology investor that has poured money into WeWork, rescued the company after the failed IPO endeavor. It continuesto hold a majority stakein WeWork after the SPAC deal. Mr. Neumann will have voting power of about 11% after the business combination, according to a securities filing.</p>\n<p>In 2019, WeWork said that its mission was to “elevate the world’s consciousness” and that it could reduce costs by 66% compared with a standard lease. In its latest attempt to enter the public markets, WeWork released a slideshow for investors that included case studies of how companies could shave real-estate costs by around 25% per employee by switching to WeWork.</p>\n<p>Ahead of the public-market debut, Mr. Mathrani marketed the company’s offering as so-called space as a service. “As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility,” he said Wednesday.</p>\n<p>The Covid-19 pandemic struck just as WeWork was trying to rebound from its troubles in late 2019, posing a challenge for a company whose shared offices had workers in proximity. The company in August posted a net loss attributable to the company of $888.8 million for the three months ended June 30, compared with a loss of $863.8 million a year earlier.</p>\n<p>In a securities filing, WeWork said its occupancy rate fell to 55% as of June 1 from 58% the same time last year because of a decline in demand primarily driven by the effects of Covid-19.</p>\n<p>Mr. Mathrani and Executive Chairman Marcelo Claure, who is also the chief operating officer of SoftBank Group, will continue to be at the helm of WeWork as it goes public, the company said Wednesday.</p>\n<p>SPACs, also known as blank-check companies because they raise money with the purpose of seeking a target to merge with and take public, have risen in popularity as companies seek alternatives to a traditional IPO. Such ventures typically have two years to find a target. Share prices for listed SPACs have retreated this year, leaving many blank-check companies trading below their debut prices.</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>WeWork Shares Rise on First Day of Trading, Two Years After Failed 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\">\nWeWork Shares Rise on First Day of Trading, Two Years After Failed IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 22:10 GMT+8 <a href=https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.\n\nWeWork shares rose on their first day of trading Thursday, capping a ...</p>\n\n<a href=\"https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177823768","content_text":"Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.\n\nWeWork shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019.\n\nThe shared-office company WeWork went public through a combination withBowX AcquisitionCorp., a special-purpose acquisition company. Shares, trading under the name WeWork Inc., rose over 5% to nearly $11 Thursday morning.\nIn 2019, WeWork’s IPO fell apart as the company faced questions about its corporate governance and how much it was worth. Now the entity that is making its debut on the New York Stock Exchange has undergone a refresh under Chief Executive Sandeep Mathrani. It has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during the Covid-19 pandemic.\nThe deal with BowX Acquisition earlier this year gave WeWork a roughly $8 billion equity value. The combination provides WeWork with cash proceeds of about $1.3 billion, the companies said.\nFounded in 2010, WeWork is a player in the market for flexible office space. It signs long-term leases with landlords, and after renovating a space and furnishing it, the company subleases small offices or even whole buildings to tenants for as little as a month at a time.\nThe company had a $47 billion valuation in the lead-up to its IPO, but its attempt to tap the public markets in 2019 failed when investors rejected the money-losing company. Itsvisionary yet erraticleader, Adam Neumann, subsequentlyresigned as chief executive, telling staff in an email at the time that “too much focus has been placed on me.”\nSoftBank GroupCorp.9984-2.06%, the Japanese technology investor that has poured money into WeWork, rescued the company after the failed IPO endeavor. It continuesto hold a majority stakein WeWork after the SPAC deal. Mr. Neumann will have voting power of about 11% after the business combination, according to a securities filing.\nIn 2019, WeWork said that its mission was to “elevate the world’s consciousness” and that it could reduce costs by 66% compared with a standard lease. In its latest attempt to enter the public markets, WeWork released a slideshow for investors that included case studies of how companies could shave real-estate costs by around 25% per employee by switching to WeWork.\nAhead of the public-market debut, Mr. Mathrani marketed the company’s offering as so-called space as a service. “As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility,” he said Wednesday.\nThe Covid-19 pandemic struck just as WeWork was trying to rebound from its troubles in late 2019, posing a challenge for a company whose shared offices had workers in proximity. The company in August posted a net loss attributable to the company of $888.8 million for the three months ended June 30, compared with a loss of $863.8 million a year earlier.\nIn a securities filing, WeWork said its occupancy rate fell to 55% as of June 1 from 58% the same time last year because of a decline in demand primarily driven by the effects of Covid-19.\nMr. Mathrani and Executive Chairman Marcelo Claure, who is also the chief operating officer of SoftBank Group, will continue to be at the helm of WeWork as it goes public, the company said Wednesday.\nSPACs, also known as blank-check companies because they raise money with the purpose of seeking a target to merge with and take public, have risen in popularity as companies seek alternatives to a traditional IPO. Such ventures typically have two years to find a target. Share prices for listed SPACs have retreated this year, leaving many blank-check companies trading below their debut prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":859249953,"gmtCreate":1634703776060,"gmtModify":1634703816263,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a> ✈️","listText":"<a href=\"https://laohu8.com/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$</a> ✈️","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ ✈️","images":[{"img":"https://static.tigerbbs.com/2aa07e9753f4b247b936dbaba18b96b4","width":"1170","height":"2260"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/859249953","isVote":1,"tweetType":1,"viewCount":627,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":850777776,"gmtCreate":1634633295752,"gmtModify":1634633295819,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/850777776","repostId":"1195553793","repostType":4,"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850222082,"gmtCreate":1634603650333,"gmtModify":1634603678114,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850222082","repostId":"2176120817","repostType":4,"repost":{"id":"2176120817","kind":"news","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":1634596829,"share":"https://www.laohu8.com/m/news/2176120817?lang=&edition=full","pubTime":"2021-10-19 06:40","market":"us","language":"en","title":"S&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2176120817","media":"Reuters","summary":"* Disney slips after Barclays downgrades to 'equal weight'. Oct 18 - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - $Facebook$ Inc, Apple, Amazon.com Inc","content":"<p>* Consumer discretionary sector leads S&P gainers</p>\n<p>* Utilities lead S&P sector losers</p>\n<p>* Disney slips after Barclays downgrades to 'equal weight'</p>\n<p>* Dow down 0.1%, S&P up 0.34%, Nasdaq up 0.84% </p>\n<p>Oct 18 (Reuters) - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.</p>\n<p>After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, Apple, Amazon.com Inc, Netflix Inc, Alphabet Inc's Google - as well as Microsoft Corp.</p>\n<p>Apple shares closed 1% higher after the company made a splash by unveiling new Mac laptop computers with more powerful processor chips.</p>\n<p>Facebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs in Europe to help build the so-called metaverse - an online world.</p>\n<p>With just a small minority of companies having reported quarterly results so far, investors were hopeful for some good news in the days and weeks ahead.</p>\n<p>\"You're going to get a heavier slate of earnings reports this week from a diverse set of industries,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, adding, \"the path of least resistance remains higher going into earnings season for large-cap tech.\"</p>\n<p>The Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.</p>\n<p>Forecast-beating results from big U.S. lenders last week had set a positive tone for third-quarter earnings season, with analysts expecting S&P 500 earnings to show a 32% rise from a year ago, according to Refinitiv data.</p>\n<p>The solid start likely helped investors shrug off uneasiness from earlier in the day after China recorded its slowest pace of economic growth in a year for the third quarter, hurt by power shortages and wobbles in the property sector.</p>\n<p>Other top contributors to the S&P's gains were Tesla Inc ahead of its earnings report this week, Amazon, which added 1% and chipmaker Nvidia Corp, which closed up 1.6%.</p>\n<p>While technology, closing up 0.9%, was the S&P's top index point boost, consumer discretionary was the biggest percentage gainer, climbing 1.2% and communications services followed with a 0.7% gain.</p>\n<p>Johnson & Johnson, Netflix, Verizon Communications Inc and oilfield services company Baker Hughes Co are also due to report quarterly results this week.</p>\n<p>But while mega tech gainers were strong enough to boost the S&P and the Nasdaq, optimism was not widespread with four industry sectors closing in the red.</p>\n<p>Of the S&P's 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97%, and healthcare, down 0.7%.</p>\n<p>Shares of Walt Disney Co closed down 3% after Barclays downgraded the media giant's stock to \"equal weight\" from \"overweight.\"</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 65 new highs and 113 new lows.</p>\n<p>Volume on U.S. exchanges was 9.1 billion shares, compared with the 10.3 billion average for the last 20 trading days.</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>S&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lower</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\">\nS&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lower\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\">2021-10-19 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Consumer discretionary sector leads S&P gainers</p>\n<p>* Utilities lead S&P sector losers</p>\n<p>* Disney slips after Barclays downgrades to 'equal weight'</p>\n<p>* Dow down 0.1%, S&P up 0.34%, Nasdaq up 0.84% </p>\n<p>Oct 18 (Reuters) - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.</p>\n<p>After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, Apple, Amazon.com Inc, Netflix Inc, Alphabet Inc's Google - as well as Microsoft Corp.</p>\n<p>Apple shares closed 1% higher after the company made a splash by unveiling new Mac laptop computers with more powerful processor chips.</p>\n<p>Facebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs in Europe to help build the so-called metaverse - an online world.</p>\n<p>With just a small minority of companies having reported quarterly results so far, investors were hopeful for some good news in the days and weeks ahead.</p>\n<p>\"You're going to get a heavier slate of earnings reports this week from a diverse set of industries,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, adding, \"the path of least resistance remains higher going into earnings season for large-cap tech.\"</p>\n<p>The Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.</p>\n<p>Forecast-beating results from big U.S. lenders last week had set a positive tone for third-quarter earnings season, with analysts expecting S&P 500 earnings to show a 32% rise from a year ago, according to Refinitiv data.</p>\n<p>The solid start likely helped investors shrug off uneasiness from earlier in the day after China recorded its slowest pace of economic growth in a year for the third quarter, hurt by power shortages and wobbles in the property sector.</p>\n<p>Other top contributors to the S&P's gains were Tesla Inc ahead of its earnings report this week, Amazon, which added 1% and chipmaker Nvidia Corp, which closed up 1.6%.</p>\n<p>While technology, closing up 0.9%, was the S&P's top index point boost, consumer discretionary was the biggest percentage gainer, climbing 1.2% and communications services followed with a 0.7% gain.</p>\n<p>Johnson & Johnson, Netflix, Verizon Communications Inc and oilfield services company Baker Hughes Co are also due to report quarterly results this week.</p>\n<p>But while mega tech gainers were strong enough to boost the S&P and the Nasdaq, optimism was not widespread with four industry sectors closing in the red.</p>\n<p>Of the S&P's 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97%, and healthcare, down 0.7%.</p>\n<p>Shares of Walt Disney Co closed down 3% after Barclays downgraded the media giant's stock to \"equal weight\" from \"overweight.\"</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 65 new highs and 113 new lows.</p>\n<p>Volume on U.S. exchanges was 9.1 billion shares, compared with the 10.3 billion average for the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","DIS":"迪士尼","AAPL":"苹果",".SPX":"S&P 500 Index","JNJ":"强生","COMP":"Compass, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2176120817","content_text":"* Consumer discretionary sector leads S&P gainers\n* Utilities lead S&P sector losers\n* Disney slips after Barclays downgrades to 'equal weight'\n* Dow down 0.1%, S&P up 0.34%, Nasdaq up 0.84% \nOct 18 (Reuters) - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.\nAfter a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - Facebook Inc, Apple, Amazon.com Inc, Netflix Inc, Alphabet Inc's Google - as well as Microsoft Corp.\nApple shares closed 1% higher after the company made a splash by unveiling new Mac laptop computers with more powerful processor chips.\nFacebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs in Europe to help build the so-called metaverse - an online world.\nWith just a small minority of companies having reported quarterly results so far, investors were hopeful for some good news in the days and weeks ahead.\n\"You're going to get a heavier slate of earnings reports this week from a diverse set of industries,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, adding, \"the path of least resistance remains higher going into earnings season for large-cap tech.\"\nThe Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.\nForecast-beating results from big U.S. lenders last week had set a positive tone for third-quarter earnings season, with analysts expecting S&P 500 earnings to show a 32% rise from a year ago, according to Refinitiv data.\nThe solid start likely helped investors shrug off uneasiness from earlier in the day after China recorded its slowest pace of economic growth in a year for the third quarter, hurt by power shortages and wobbles in the property sector.\nOther top contributors to the S&P's gains were Tesla Inc ahead of its earnings report this week, Amazon, which added 1% and chipmaker Nvidia Corp, which closed up 1.6%.\nWhile technology, closing up 0.9%, was the S&P's top index point boost, consumer discretionary was the biggest percentage gainer, climbing 1.2% and communications services followed with a 0.7% gain.\nJohnson & Johnson, Netflix, Verizon Communications Inc and oilfield services company Baker Hughes Co are also due to report quarterly results this week.\nBut while mega tech gainers were strong enough to boost the S&P and the Nasdaq, optimism was not widespread with four industry sectors closing in the red.\nOf the S&P's 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97%, and healthcare, down 0.7%.\nShares of Walt Disney Co closed down 3% after Barclays downgraded the media giant's stock to \"equal weight\" from \"overweight.\"\nDeclining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 65 new highs and 113 new lows.\nVolume on U.S. exchanges was 9.1 billion shares, compared with the 10.3 billion average for the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1018,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850221215,"gmtCreate":1634603525064,"gmtModify":1634603525142,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850221215","repostId":"1172304666","repostType":4,"repost":{"id":"1172304666","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1634603071,"share":"https://www.laohu8.com/m/news/1172304666?lang=&edition=full","pubTime":"2021-10-19 08:24","market":"us","language":"en","title":"4 Key Takeaways From The SEC's 'Meme Stock' Report: PFOF, Short Selling And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1172304666","media":"Benzinga","summary":"The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in Game","content":"<p>The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in <b>GameStop Corp</b> earlier this year was published Monday afternoon.</p>\n<p><b>What Happened:</b>The 45-page report titled “StaffReport on Equity and Options Market Structure Conditions in Early 2021” draws several conclusions on what happened in the valuation surge and volatility surrounding GameStop shares.</p>\n<p>“The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated,” the report reads.</p>\n<p>One key to the report is the call out on individual investors that may have lost money during the meme stock trading frenzy.</p>\n<p>“However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money.”</p>\n<p>The report highlights that individual customers made up a high percentage of GameStop option traders with three named brokerages of <b>Robinhood Markets</b>, TD Ameritrade and E*Trade Securities representing 66% of customers trading GME options.</p>\n<p><b>TD Ameritrade</b> is owned by <b>Charles Schwab Corp</b> and <b>E*Trade</b> is owned by <b>Morgan Stanley</b>.</p>\n<p>Market makers <b>Citadel Securities</b> and <b>Virtu Financial</b> were also named in the report representing 50% and 26% of internalized volume during the month of January for GameStop shares, respectively.</p>\n<p><b>4 Potential Changes Coming?</b> The SEC report highlights the value of the trading system that allows buyers and sellers to participate.</p>\n<p>“People may disagree about the prospects of GameStop and the other meme stocks, but those disagreement are what should lead to price discovery rather than disruptions.”</p>\n<p>Items outlined in the report for further consideration include four key topics.</p>\n<p><b>The first topic is the ability of a brokerage to restrict trading in certain securities.</b>This could lead to changes at brokerages including Robinhood, which became the key name targeted by retail traders for restricting trading in stocks like GameStop.</p>\n<p><b>Payment for order flow</b> <b>is called out in the report,</b>which could have an impact on Robinhood’s future earnings if changes are made.</p>\n<p>“Consideration should be given to whether game-like features and celebratory animations that re intended to create positive feedback from trading lead investors to trade more than they would otherwise.”</p>\n<p><b>Trading in dark pools or through wholesalers</b> is another item to be looked at as much of the retail order flow for GameStop shares was reported to happen off exchange.</p>\n<p>“They face fewer requirements concerning their operational transparency and resiliency as compared to exchanges or ATSs.”</p>\n<p><b>Short selling and short squeezes is the last key topic</b> of the report. The SEC calls for “improved reporting” of short sales that could allow regulators the ability to better track the category.</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>4 Key Takeaways From The SEC's 'Meme Stock' Report: PFOF, Short Selling And More</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\">\n4 Key Takeaways From The SEC's 'Meme Stock' Report: PFOF, Short Selling And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-19 08:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in <b>GameStop Corp</b> earlier this year was published Monday afternoon.</p>\n<p><b>What Happened:</b>The 45-page report titled “StaffReport on Equity and Options Market Structure Conditions in Early 2021” draws several conclusions on what happened in the valuation surge and volatility surrounding GameStop shares.</p>\n<p>“The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated,” the report reads.</p>\n<p>One key to the report is the call out on individual investors that may have lost money during the meme stock trading frenzy.</p>\n<p>“However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money.”</p>\n<p>The report highlights that individual customers made up a high percentage of GameStop option traders with three named brokerages of <b>Robinhood Markets</b>, TD Ameritrade and E*Trade Securities representing 66% of customers trading GME options.</p>\n<p><b>TD Ameritrade</b> is owned by <b>Charles Schwab Corp</b> and <b>E*Trade</b> is owned by <b>Morgan Stanley</b>.</p>\n<p>Market makers <b>Citadel Securities</b> and <b>Virtu Financial</b> were also named in the report representing 50% and 26% of internalized volume during the month of January for GameStop shares, respectively.</p>\n<p><b>4 Potential Changes Coming?</b> The SEC report highlights the value of the trading system that allows buyers and sellers to participate.</p>\n<p>“People may disagree about the prospects of GameStop and the other meme stocks, but those disagreement are what should lead to price discovery rather than disruptions.”</p>\n<p>Items outlined in the report for further consideration include four key topics.</p>\n<p><b>The first topic is the ability of a brokerage to restrict trading in certain securities.</b>This could lead to changes at brokerages including Robinhood, which became the key name targeted by retail traders for restricting trading in stocks like GameStop.</p>\n<p><b>Payment for order flow</b> <b>is called out in the report,</b>which could have an impact on Robinhood’s future earnings if changes are made.</p>\n<p>“Consideration should be given to whether game-like features and celebratory animations that re intended to create positive feedback from trading lead investors to trade more than they would otherwise.”</p>\n<p><b>Trading in dark pools or through wholesalers</b> is another item to be looked at as much of the retail order flow for GameStop shares was reported to happen off exchange.</p>\n<p>“They face fewer requirements concerning their operational transparency and resiliency as compared to exchanges or ATSs.”</p>\n<p><b>Short selling and short squeezes is the last key topic</b> of the report. The SEC calls for “improved reporting” of short sales that could allow regulators the ability to better track the category.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood",".DJI":"道琼斯","GME":"游戏驿站",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172304666","content_text":"The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in GameStop Corp earlier this year was published Monday afternoon.\nWhat Happened:The 45-page report titled “StaffReport on Equity and Options Market Structure Conditions in Early 2021” draws several conclusions on what happened in the valuation surge and volatility surrounding GameStop shares.\n“The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated,” the report reads.\nOne key to the report is the call out on individual investors that may have lost money during the meme stock trading frenzy.\n“However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money.”\nThe report highlights that individual customers made up a high percentage of GameStop option traders with three named brokerages of Robinhood Markets, TD Ameritrade and E*Trade Securities representing 66% of customers trading GME options.\nTD Ameritrade is owned by Charles Schwab Corp and E*Trade is owned by Morgan Stanley.\nMarket makers Citadel Securities and Virtu Financial were also named in the report representing 50% and 26% of internalized volume during the month of January for GameStop shares, respectively.\n4 Potential Changes Coming? The SEC report highlights the value of the trading system that allows buyers and sellers to participate.\n“People may disagree about the prospects of GameStop and the other meme stocks, but those disagreement are what should lead to price discovery rather than disruptions.”\nItems outlined in the report for further consideration include four key topics.\nThe first topic is the ability of a brokerage to restrict trading in certain securities.This could lead to changes at brokerages including Robinhood, which became the key name targeted by retail traders for restricting trading in stocks like GameStop.\nPayment for order flow is called out in the report,which could have an impact on Robinhood’s future earnings if changes are made.\n“Consideration should be given to whether game-like features and celebratory animations that re intended to create positive feedback from trading lead investors to trade more than they would otherwise.”\nTrading in dark pools or through wholesalers is another item to be looked at as much of the retail order flow for GameStop shares was reported to happen off exchange.\n“They face fewer requirements concerning their operational transparency and resiliency as compared to exchanges or ATSs.”\nShort selling and short squeezes is the last key topic of the report. The SEC calls for “improved reporting” of short sales that could allow regulators the ability to better track the category.","news_type":1},"isVote":1,"tweetType":1,"viewCount":281,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":850777776,"gmtCreate":1634633295752,"gmtModify":1634633295819,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/850777776","repostId":"1195553793","repostType":4,"repost":{"id":"1195553793","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1634631109,"share":"https://www.laohu8.com/m/news/1195553793?lang=&edition=full","pubTime":"2021-10-19 16:11","market":"us","language":"en","title":"AgEagle gained over 12% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1195553793","media":"Tiger Newspress","summary":"AgEagle gained over 12% in premarket trading.\n\nAgEagle Aerial Systems(NYSE:UAVS) to acquireand sense","content":"<p>AgEagle gained over 12% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/6a8c80afbee68c0df216ceefc99307d8\" tg-width=\"984\" tg-height=\"570\" width=\"100%\" height=\"auto\"></p>\n<p>AgEagle Aerial Systems(NYSE:UAVS) to acquireand senseFly, a Parrot Group wholly-owned subsidiary, in a cash and stock transaction valued at $23M.</p>\n<p>Founded in 2009, senseFly develops and produces a proprietary line of <i>eBee</i>-branded, high performance, fixed wing drones for professional use.</p>\n<p>Brandon Torres Declet, CEO comments: “Recognized as the producer of the world’s most widely used fixed wing drones, senseFly is an ideal strategic fit for AgEagle; and is expected to accelerate our core growth strategy centered on delivering proprietary, full stack drone solutions to the global agriculture, construction, energy, government sectors, and in the future, package delivery. In addition, senseFly brings AgEagle solid engineering talent focused on advanced research and development, a well-established global reseller network and a strong portfolio of intellectual property.”</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>AgEagle gained over 12% in premarket trading</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\">\nAgEagle gained over 12% in premarket trading\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\">2021-10-19 16:11</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>AgEagle gained over 12% in premarket trading.</p>\n<p><img src=\"https://static.tigerbbs.com/6a8c80afbee68c0df216ceefc99307d8\" tg-width=\"984\" tg-height=\"570\" width=\"100%\" height=\"auto\"></p>\n<p>AgEagle Aerial Systems(NYSE:UAVS) to acquireand senseFly, a Parrot Group wholly-owned subsidiary, in a cash and stock transaction valued at $23M.</p>\n<p>Founded in 2009, senseFly develops and produces a proprietary line of <i>eBee</i>-branded, high performance, fixed wing drones for professional use.</p>\n<p>Brandon Torres Declet, CEO comments: “Recognized as the producer of the world’s most widely used fixed wing drones, senseFly is an ideal strategic fit for AgEagle; and is expected to accelerate our core growth strategy centered on delivering proprietary, full stack drone solutions to the global agriculture, construction, energy, government sectors, and in the future, package delivery. In addition, senseFly brings AgEagle solid engineering talent focused on advanced research and development, a well-established global reseller network and a strong portfolio of intellectual property.”</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"UAVS":"AgEagle Aerial Systems, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195553793","content_text":"AgEagle gained over 12% in premarket trading.\n\nAgEagle Aerial Systems(NYSE:UAVS) to acquireand senseFly, a Parrot Group wholly-owned subsidiary, in a cash and stock transaction valued at $23M.\nFounded in 2009, senseFly develops and produces a proprietary line of eBee-branded, high performance, fixed wing drones for professional use.\nBrandon Torres Declet, CEO comments: “Recognized as the producer of the world’s most widely used fixed wing drones, senseFly is an ideal strategic fit for AgEagle; and is expected to accelerate our core growth strategy centered on delivering proprietary, full stack drone solutions to the global agriculture, construction, energy, government sectors, and in the future, package delivery. In addition, senseFly brings AgEagle solid engineering talent focused on advanced research and development, a well-established global reseller network and a strong portfolio of intellectual property.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":1001,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":858349280,"gmtCreate":1634991170064,"gmtModify":1634991170064,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":"Yay ","listText":"Yay ","text":"Yay","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/858349280","repostId":"2177121214","repostType":4,"repost":{"id":"2177121214","kind":"highlight","pubTimestamp":1634955373,"share":"https://www.laohu8.com/m/news/2177121214?lang=&edition=full","pubTime":"2021-10-23 10:16","market":"hk","language":"en","title":"Google earnings aren't as exposed to Apple change that sunk Snap, but Alphabet has its own worries","url":"https://stock-news.laohu8.com/highlight/detail?id=2177121214","media":"MarketWatch","summary":"Alphabet earnings preview: Antitrust issues could start to cost Google, which is already planning to","content":"<p>Alphabet earnings preview: Antitrust issues could start to cost Google, which is already planning to cut its app-store fees amid legal fight with 'Fortnite' maker</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9f78b50a9dd062f4cfa784d46b7801c\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>Getty Images</span></p>\n<p>The same factors that torpedoed <a href=\"https://laohu8.com/S/SNAP\">Snap Inc</a>.'s earnings results ominously linger as investors await Alphabet Inc. parent Google's financial results on Tuesday.</p>\n<p>Google (GOOGL) could be hindered by a change in Apple Inc.'s privacy policy that makes it harder to target and measure digital advertising as well as a choked global supply chain that has driven down ad spending. Google probably isn't as exposed as Snap (SNAP) because Google has invested heavily in developing aggregated measurement approaches to prepare for privacy changes, according to Wall Street analysts.</p>\n<p>\"Given Snap's size, maturity, and ad technology stack relative to the much larger, more experienced, industry leaders, we believe the company is more susceptible to these challenges,\" Monness, Crespi, Hardt & Co.'s Brian J. White wrote of the privacy issues and supply-chain disruptions. \"That said, we doubt any company tied to digital ad spending will be immune to these issues, including <a href=\"https://laohu8.com/S/FB\">Facebook</a>, Alphabet, and others.\"</p>\n<p>Google's primary headache continues to be antitrust scrutiny both in the U.S. and abroad, which led the company to halve its app fees on Thursday -- a nod to saber rattling from developers, regulators and lawmakers to make Google's digital store more accessible and commission fees less punitive.</p>\n<p>A bipartisan bill in the U.S. Senate, the Open App Markets Act, would force the companies' app stores to let developers use other payment systems, potentially helping them opt out of default service fees. The bill, announced in August, came on the heels of an antitrust lawsuit from attorneys general in 36 states and the District of Columbia that claims Google abused its power over app developers through its Play Store on Android.</p>\n<p>\"We believe Alphabet is well-positioned for a continued recovery in digital ad spending and further momentum in the cloud; however, we anticipate antitrust investigations will carry on with great fanfare,\" Monness Crespi Hardt analyst White cautioned.</p>\n<p><b>What to expect</b></p>\n<p><b>Earnings: </b>Analysts on average expect Google to report earnings of $23.73 a share, up from $16.40 a share a year ago. Analysts were projecting $20.05 a share at the end of June.</p>\n<p>Contributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- are just as optimistic, projecting earnings of $23.73 a share on average.</p>\n<p><b>Revenue: </b>Analysts on average expect Google to report $52.31 billion in third-quarter revenue, excluding traffic acquisition costs <a href=\"https://laohu8.com/S/TAC\">$(TAC)$</a>, compared with $38 billion a year ago subtracting TAC. Estimize contributors predict $52.06 billion on average.</p>\n<p><b>Stock movement: </b>Google's stock has soared 56% so far this year, while the S&P 500 index has increased 21%.</p>\n<p><b>What analysts are saying</b></p>\n<p>Google's exposure is further mitigated by a diverse revenue model that includes a multibillion-dollar cloud business and other bets. \"Google Cloud offers a uniquevalue proposition for enterprises given its ability to leverage consumer-related innovations (e.g., Google Maps, Google Assistant, Google Play, YouTube, Google Shopping, etc.) with its robust cloud offering,\" White said in an Oct. 13 note that rates Google shares as buy with a price target of $3,500.</p>\n<p>Cowen's John Blackledge remains \"bullish\" on the resilient strength of Google's powerhouse search business in the midst of an uncertain online ad market. \"We expect robust holiday spending despite inventory issues,\" Blackledge said in an Oct. 11 note that maintains an outperform rating on Alphabet shares and price target of $3,300.</p>","source":"lsy1603348471595","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>Google earnings aren't as exposed to Apple change that sunk Snap, but Alphabet has its own worries</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\">\nGoogle earnings aren't as exposed to Apple change that sunk Snap, but Alphabet has its own worries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-23 10:16 GMT+8 <a href=https://www.marketwatch.com/story/google-earnings-arent-as-exposed-to-apple-change-that-sunk-snap-but-alphabet-has-its-own-worries-11634943802?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Alphabet earnings preview: Antitrust issues could start to cost Google, which is already planning to cut its app-store fees amid legal fight with 'Fortnite' maker\nGetty Images\nThe same factors that ...</p>\n\n<a href=\"https://www.marketwatch.com/story/google-earnings-arent-as-exposed-to-apple-change-that-sunk-snap-but-alphabet-has-its-own-worries-11634943802?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":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"https://www.marketwatch.com/story/google-earnings-arent-as-exposed-to-apple-change-that-sunk-snap-but-alphabet-has-its-own-worries-11634943802?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2177121214","content_text":"Alphabet earnings preview: Antitrust issues could start to cost Google, which is already planning to cut its app-store fees amid legal fight with 'Fortnite' maker\nGetty Images\nThe same factors that torpedoed Snap Inc.'s earnings results ominously linger as investors await Alphabet Inc. parent Google's financial results on Tuesday.\nGoogle (GOOGL) could be hindered by a change in Apple Inc.'s privacy policy that makes it harder to target and measure digital advertising as well as a choked global supply chain that has driven down ad spending. Google probably isn't as exposed as Snap (SNAP) because Google has invested heavily in developing aggregated measurement approaches to prepare for privacy changes, according to Wall Street analysts.\n\"Given Snap's size, maturity, and ad technology stack relative to the much larger, more experienced, industry leaders, we believe the company is more susceptible to these challenges,\" Monness, Crespi, Hardt & Co.'s Brian J. White wrote of the privacy issues and supply-chain disruptions. \"That said, we doubt any company tied to digital ad spending will be immune to these issues, including Facebook, Alphabet, and others.\"\nGoogle's primary headache continues to be antitrust scrutiny both in the U.S. and abroad, which led the company to halve its app fees on Thursday -- a nod to saber rattling from developers, regulators and lawmakers to make Google's digital store more accessible and commission fees less punitive.\nA bipartisan bill in the U.S. Senate, the Open App Markets Act, would force the companies' app stores to let developers use other payment systems, potentially helping them opt out of default service fees. The bill, announced in August, came on the heels of an antitrust lawsuit from attorneys general in 36 states and the District of Columbia that claims Google abused its power over app developers through its Play Store on Android.\n\"We believe Alphabet is well-positioned for a continued recovery in digital ad spending and further momentum in the cloud; however, we anticipate antitrust investigations will carry on with great fanfare,\" Monness Crespi Hardt analyst White cautioned.\nWhat to expect\nEarnings: Analysts on average expect Google to report earnings of $23.73 a share, up from $16.40 a share a year ago. Analysts were projecting $20.05 a share at the end of June.\nContributors to Estimize -- a crowdsourcing platform that gathers estimates from Wall Street analysts as well as buy-side analysts, fund managers, company executives, academics and others -- are just as optimistic, projecting earnings of $23.73 a share on average.\nRevenue: Analysts on average expect Google to report $52.31 billion in third-quarter revenue, excluding traffic acquisition costs $(TAC)$, compared with $38 billion a year ago subtracting TAC. Estimize contributors predict $52.06 billion on average.\nStock movement: Google's stock has soared 56% so far this year, while the S&P 500 index has increased 21%.\nWhat analysts are saying\nGoogle's exposure is further mitigated by a diverse revenue model that includes a multibillion-dollar cloud business and other bets. \"Google Cloud offers a uniquevalue proposition for enterprises given its ability to leverage consumer-related innovations (e.g., Google Maps, Google Assistant, Google Play, YouTube, Google Shopping, etc.) with its robust cloud offering,\" White said in an Oct. 13 note that rates Google shares as buy with a price target of $3,500.\nCowen's John Blackledge remains \"bullish\" on the resilient strength of Google's powerhouse search business in the midst of an uncertain online ad market. \"We expect robust holiday spending despite inventory issues,\" Blackledge said in an Oct. 11 note that maintains an outperform rating on Alphabet shares and price target of $3,300.","news_type":1},"isVote":1,"tweetType":1,"viewCount":828,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":853463182,"gmtCreate":1634829544323,"gmtModify":1634829544442,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":"Awesome ","listText":"Awesome ","text":"Awesome","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/853463182","repostId":"1177823768","repostType":4,"repost":{"id":"1177823768","kind":"news","pubTimestamp":1634825456,"share":"https://www.laohu8.com/m/news/1177823768?lang=&edition=full","pubTime":"2021-10-21 22:10","market":"us","language":"en","title":"WeWork Shares Rise on First Day of Trading, Two Years After Failed IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1177823768","media":"The Wall Street Journal","summary":"Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce ","content":"<blockquote>\n <b>Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.</b>\n</blockquote>\n<p>WeWork shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019.</p>\n<p><img src=\"https://static.tigerbbs.com/85a19775eda4d912da012ce71b6d0269\" tg-width=\"1044\" tg-height=\"559\" referrerpolicy=\"no-referrer\"></p>\n<p>The shared-office company WeWork went public through a combination withBowX AcquisitionCorp., a special-purpose acquisition company. Shares, trading under the name WeWork Inc., rose over 5% to nearly $11 Thursday morning.</p>\n<p>In 2019, WeWork’s IPO fell apart as the company faced questions about its corporate governance and how much it was worth. Now the entity that is making its debut on the New York Stock Exchange has undergone a refresh under Chief Executive Sandeep Mathrani. It has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during the Covid-19 pandemic.</p>\n<p>The deal with BowX Acquisition earlier this year gave WeWork a roughly $8 billion equity value. The combination provides WeWork with cash proceeds of about $1.3 billion, the companies said.</p>\n<p>Founded in 2010, WeWork is a player in the market for flexible office space. It signs long-term leases with landlords, and after renovating a space and furnishing it, the company subleases small offices or even whole buildings to tenants for as little as a month at a time.</p>\n<p>The company had a $47 billion valuation in the lead-up to its IPO, but its attempt to tap the public markets in 2019 failed when investors rejected the money-losing company. Itsvisionary yet erraticleader, Adam Neumann, subsequentlyresigned as chief executive, telling staff in an email at the time that “too much focus has been placed on me.”</p>\n<p>SoftBank GroupCorp.9984-2.06%, the Japanese technology investor that has poured money into WeWork, rescued the company after the failed IPO endeavor. It continuesto hold a majority stakein WeWork after the SPAC deal. Mr. Neumann will have voting power of about 11% after the business combination, according to a securities filing.</p>\n<p>In 2019, WeWork said that its mission was to “elevate the world’s consciousness” and that it could reduce costs by 66% compared with a standard lease. In its latest attempt to enter the public markets, WeWork released a slideshow for investors that included case studies of how companies could shave real-estate costs by around 25% per employee by switching to WeWork.</p>\n<p>Ahead of the public-market debut, Mr. Mathrani marketed the company’s offering as so-called space as a service. “As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility,” he said Wednesday.</p>\n<p>The Covid-19 pandemic struck just as WeWork was trying to rebound from its troubles in late 2019, posing a challenge for a company whose shared offices had workers in proximity. The company in August posted a net loss attributable to the company of $888.8 million for the three months ended June 30, compared with a loss of $863.8 million a year earlier.</p>\n<p>In a securities filing, WeWork said its occupancy rate fell to 55% as of June 1 from 58% the same time last year because of a decline in demand primarily driven by the effects of Covid-19.</p>\n<p>Mr. Mathrani and Executive Chairman Marcelo Claure, who is also the chief operating officer of SoftBank Group, will continue to be at the helm of WeWork as it goes public, the company said Wednesday.</p>\n<p>SPACs, also known as blank-check companies because they raise money with the purpose of seeking a target to merge with and take public, have risen in popularity as companies seek alternatives to a traditional IPO. Such ventures typically have two years to find a target. Share prices for listed SPACs have retreated this year, leaving many blank-check companies trading below their debut prices.</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>WeWork Shares Rise on First Day of Trading, Two Years After Failed 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\">\nWeWork Shares Rise on First Day of Trading, Two Years After Failed IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-21 22:10 GMT+8 <a href=https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.\n\nWeWork shares rose on their first day of trading Thursday, capping a ...</p>\n\n<a href=\"https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/wework-set-to-go-public-via-spac-deal-two-years-after-failed-ipo-11634808600","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177823768","content_text":"Shared-office company has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during Covid-19.\n\nWeWork shares rose on their first day of trading Thursday, capping a journey to a listing that included the implosion of its initial public offering in 2019.\n\nThe shared-office company WeWork went public through a combination withBowX AcquisitionCorp., a special-purpose acquisition company. Shares, trading under the name WeWork Inc., rose over 5% to nearly $11 Thursday morning.\nIn 2019, WeWork’s IPO fell apart as the company faced questions about its corporate governance and how much it was worth. Now the entity that is making its debut on the New York Stock Exchange has undergone a refresh under Chief Executive Sandeep Mathrani. It has closed locations, renegotiated leases and cut thousands of jobs to reduce expenses during the Covid-19 pandemic.\nThe deal with BowX Acquisition earlier this year gave WeWork a roughly $8 billion equity value. The combination provides WeWork with cash proceeds of about $1.3 billion, the companies said.\nFounded in 2010, WeWork is a player in the market for flexible office space. It signs long-term leases with landlords, and after renovating a space and furnishing it, the company subleases small offices or even whole buildings to tenants for as little as a month at a time.\nThe company had a $47 billion valuation in the lead-up to its IPO, but its attempt to tap the public markets in 2019 failed when investors rejected the money-losing company. Itsvisionary yet erraticleader, Adam Neumann, subsequentlyresigned as chief executive, telling staff in an email at the time that “too much focus has been placed on me.”\nSoftBank GroupCorp.9984-2.06%, the Japanese technology investor that has poured money into WeWork, rescued the company after the failed IPO endeavor. It continuesto hold a majority stakein WeWork after the SPAC deal. Mr. Neumann will have voting power of about 11% after the business combination, according to a securities filing.\nIn 2019, WeWork said that its mission was to “elevate the world’s consciousness” and that it could reduce costs by 66% compared with a standard lease. In its latest attempt to enter the public markets, WeWork released a slideshow for investors that included case studies of how companies could shave real-estate costs by around 25% per employee by switching to WeWork.\nAhead of the public-market debut, Mr. Mathrani marketed the company’s offering as so-called space as a service. “As companies around the world reimagine their workplace, WeWork is uniquely positioned to offer the space and services that can power solutions built around flexibility,” he said Wednesday.\nThe Covid-19 pandemic struck just as WeWork was trying to rebound from its troubles in late 2019, posing a challenge for a company whose shared offices had workers in proximity. The company in August posted a net loss attributable to the company of $888.8 million for the three months ended June 30, compared with a loss of $863.8 million a year earlier.\nIn a securities filing, WeWork said its occupancy rate fell to 55% as of June 1 from 58% the same time last year because of a decline in demand primarily driven by the effects of Covid-19.\nMr. Mathrani and Executive Chairman Marcelo Claure, who is also the chief operating officer of SoftBank Group, will continue to be at the helm of WeWork as it goes public, the company said Wednesday.\nSPACs, also known as blank-check companies because they raise money with the purpose of seeking a target to merge with and take public, have risen in popularity as companies seek alternatives to a traditional IPO. Such ventures typically have two years to find a target. Share prices for listed SPACs have retreated this year, leaving many blank-check companies trading below their debut prices.","news_type":1},"isVote":1,"tweetType":1,"viewCount":666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850222082,"gmtCreate":1634603650333,"gmtModify":1634603678114,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850222082","repostId":"2176120817","repostType":4,"repost":{"id":"2176120817","kind":"news","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":1634596829,"share":"https://www.laohu8.com/m/news/2176120817?lang=&edition=full","pubTime":"2021-10-19 06:40","market":"us","language":"en","title":"S&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lower","url":"https://stock-news.laohu8.com/highlight/detail?id=2176120817","media":"Reuters","summary":"* Disney slips after Barclays downgrades to 'equal weight'. Oct 18 - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - $Facebook$ Inc, Apple, Amazon.com Inc","content":"<p>* Consumer discretionary sector leads S&P gainers</p>\n<p>* Utilities lead S&P sector losers</p>\n<p>* Disney slips after Barclays downgrades to 'equal weight'</p>\n<p>* Dow down 0.1%, S&P up 0.34%, Nasdaq up 0.84% </p>\n<p>Oct 18 (Reuters) - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.</p>\n<p>After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, Apple, Amazon.com Inc, Netflix Inc, Alphabet Inc's Google - as well as Microsoft Corp.</p>\n<p>Apple shares closed 1% higher after the company made a splash by unveiling new Mac laptop computers with more powerful processor chips.</p>\n<p>Facebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs in Europe to help build the so-called metaverse - an online world.</p>\n<p>With just a small minority of companies having reported quarterly results so far, investors were hopeful for some good news in the days and weeks ahead.</p>\n<p>\"You're going to get a heavier slate of earnings reports this week from a diverse set of industries,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, adding, \"the path of least resistance remains higher going into earnings season for large-cap tech.\"</p>\n<p>The Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.</p>\n<p>Forecast-beating results from big U.S. lenders last week had set a positive tone for third-quarter earnings season, with analysts expecting S&P 500 earnings to show a 32% rise from a year ago, according to Refinitiv data.</p>\n<p>The solid start likely helped investors shrug off uneasiness from earlier in the day after China recorded its slowest pace of economic growth in a year for the third quarter, hurt by power shortages and wobbles in the property sector.</p>\n<p>Other top contributors to the S&P's gains were Tesla Inc ahead of its earnings report this week, Amazon, which added 1% and chipmaker Nvidia Corp, which closed up 1.6%.</p>\n<p>While technology, closing up 0.9%, was the S&P's top index point boost, consumer discretionary was the biggest percentage gainer, climbing 1.2% and communications services followed with a 0.7% gain.</p>\n<p>Johnson & Johnson, Netflix, Verizon Communications Inc and oilfield services company Baker Hughes Co are also due to report quarterly results this week.</p>\n<p>But while mega tech gainers were strong enough to boost the S&P and the Nasdaq, optimism was not widespread with four industry sectors closing in the red.</p>\n<p>Of the S&P's 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97%, and healthcare, down 0.7%.</p>\n<p>Shares of Walt Disney Co closed down 3% after Barclays downgraded the media giant's stock to \"equal weight\" from \"overweight.\"</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 65 new highs and 113 new lows.</p>\n<p>Volume on U.S. exchanges was 9.1 billion shares, compared with the 10.3 billion average for the last 20 trading days.</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>S&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lower</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\">\nS&P, Nasdaq enjoy boost from big tech firms, Dow ends a hair lower\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\">2021-10-19 06:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>* Consumer discretionary sector leads S&P gainers</p>\n<p>* Utilities lead S&P sector losers</p>\n<p>* Disney slips after Barclays downgrades to 'equal weight'</p>\n<p>* Dow down 0.1%, S&P up 0.34%, Nasdaq up 0.84% </p>\n<p>Oct 18 (Reuters) - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.</p>\n<p>After a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - <a href=\"https://laohu8.com/S/FB\">Facebook</a> Inc, Apple, Amazon.com Inc, Netflix Inc, Alphabet Inc's Google - as well as Microsoft Corp.</p>\n<p>Apple shares closed 1% higher after the company made a splash by unveiling new Mac laptop computers with more powerful processor chips.</p>\n<p>Facebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs in Europe to help build the so-called metaverse - an online world.</p>\n<p>With just a small minority of companies having reported quarterly results so far, investors were hopeful for some good news in the days and weeks ahead.</p>\n<p>\"You're going to get a heavier slate of earnings reports this week from a diverse set of industries,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, adding, \"the path of least resistance remains higher going into earnings season for large-cap tech.\"</p>\n<p>The Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.</p>\n<p>Forecast-beating results from big U.S. lenders last week had set a positive tone for third-quarter earnings season, with analysts expecting S&P 500 earnings to show a 32% rise from a year ago, according to Refinitiv data.</p>\n<p>The solid start likely helped investors shrug off uneasiness from earlier in the day after China recorded its slowest pace of economic growth in a year for the third quarter, hurt by power shortages and wobbles in the property sector.</p>\n<p>Other top contributors to the S&P's gains were Tesla Inc ahead of its earnings report this week, Amazon, which added 1% and chipmaker Nvidia Corp, which closed up 1.6%.</p>\n<p>While technology, closing up 0.9%, was the S&P's top index point boost, consumer discretionary was the biggest percentage gainer, climbing 1.2% and communications services followed with a 0.7% gain.</p>\n<p>Johnson & Johnson, Netflix, Verizon Communications Inc and oilfield services company Baker Hughes Co are also due to report quarterly results this week.</p>\n<p>But while mega tech gainers were strong enough to boost the S&P and the Nasdaq, optimism was not widespread with four industry sectors closing in the red.</p>\n<p>Of the S&P's 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97%, and healthcare, down 0.7%.</p>\n<p>Shares of Walt Disney Co closed down 3% after Barclays downgraded the media giant's stock to \"equal weight\" from \"overweight.\"</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 65 new highs and 113 new lows.</p>\n<p>Volume on U.S. exchanges was 9.1 billion shares, compared with the 10.3 billion average for the last 20 trading days.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".DJI":"道琼斯","DIS":"迪士尼","AAPL":"苹果",".SPX":"S&P 500 Index","JNJ":"强生","COMP":"Compass, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2176120817","content_text":"* Consumer discretionary sector leads S&P gainers\n* Utilities lead S&P sector losers\n* Disney slips after Barclays downgrades to 'equal weight'\n* Dow down 0.1%, S&P up 0.34%, Nasdaq up 0.84% \nOct 18 (Reuters) - The S&P and Nasdaq closed higher on Monday with the biggest boosts from the highest-profile technology and communications companies while investors eyed product news from Apple Inc and appeared optimistic about the third-quarter earnings season.\nAfter a weak start following disappointing economic data from China, the S&P and Nasdaq gathered steam in late morning with gains in FAANG stocks - Facebook Inc, Apple, Amazon.com Inc, Netflix Inc, Alphabet Inc's Google - as well as Microsoft Corp.\nApple shares closed 1% higher after the company made a splash by unveiling new Mac laptop computers with more powerful processor chips.\nFacebook shares, under pressure recently, closed up more than 3% with some positive reports out including its plans to create 10,000 jobs in Europe to help build the so-called metaverse - an online world.\nWith just a small minority of companies having reported quarterly results so far, investors were hopeful for some good news in the days and weeks ahead.\n\"You're going to get a heavier slate of earnings reports this week from a diverse set of industries,\" said Michael James, managing director of equity trading at Wedbush Securities in Los Angeles, adding, \"the path of least resistance remains higher going into earnings season for large-cap tech.\"\nThe Dow Jones Industrial Average fell 36.15 points, or 0.1%, to 35,258.61, the S&P 500 gained 15.09 points, or 0.34%, to 4,486.46 and the Nasdaq Composite added 124.47 points, or 0.84%, to 15,021.81.\nForecast-beating results from big U.S. lenders last week had set a positive tone for third-quarter earnings season, with analysts expecting S&P 500 earnings to show a 32% rise from a year ago, according to Refinitiv data.\nThe solid start likely helped investors shrug off uneasiness from earlier in the day after China recorded its slowest pace of economic growth in a year for the third quarter, hurt by power shortages and wobbles in the property sector.\nOther top contributors to the S&P's gains were Tesla Inc ahead of its earnings report this week, Amazon, which added 1% and chipmaker Nvidia Corp, which closed up 1.6%.\nWhile technology, closing up 0.9%, was the S&P's top index point boost, consumer discretionary was the biggest percentage gainer, climbing 1.2% and communications services followed with a 0.7% gain.\nJohnson & Johnson, Netflix, Verizon Communications Inc and oilfield services company Baker Hughes Co are also due to report quarterly results this week.\nBut while mega tech gainers were strong enough to boost the S&P and the Nasdaq, optimism was not widespread with four industry sectors closing in the red.\nOf the S&P's 11 major sectors, seven closed higher. The biggest decliners were utilities, down 0.97%, and healthcare, down 0.7%.\nShares of Walt Disney Co closed down 3% after Barclays downgraded the media giant's stock to \"equal weight\" from \"overweight.\"\nDeclining issues outnumbered advancing ones on the NYSE by a 1.09-to-1 ratio; on Nasdaq, a 1.24-to-1 ratio favored decliners.\nThe S&P 500 posted 39 new 52-week highs and no new lows; the Nasdaq Composite recorded 65 new highs and 113 new lows.\nVolume on U.S. exchanges was 9.1 billion shares, compared with the 10.3 billion average for the last 20 trading days.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1018,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850221215,"gmtCreate":1634603525064,"gmtModify":1634603525142,"author":{"id":"3578456267305397","authorId":"3578456267305397","name":"Stubs","avatar":"https://static.tigerbbs.com/2e59778103cb205ae86bb154d1bb86dc","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578456267305397","authorIdStr":"3578456267305397"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850221215","repostId":"1172304666","repostType":4,"repost":{"id":"1172304666","kind":"news","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1634603071,"share":"https://www.laohu8.com/m/news/1172304666?lang=&edition=full","pubTime":"2021-10-19 08:24","market":"us","language":"en","title":"4 Key Takeaways From The SEC's 'Meme Stock' Report: PFOF, Short Selling And More","url":"https://stock-news.laohu8.com/highlight/detail?id=1172304666","media":"Benzinga","summary":"The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in Game","content":"<p>The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in <b>GameStop Corp</b> earlier this year was published Monday afternoon.</p>\n<p><b>What Happened:</b>The 45-page report titled “StaffReport on Equity and Options Market Structure Conditions in Early 2021” draws several conclusions on what happened in the valuation surge and volatility surrounding GameStop shares.</p>\n<p>“The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated,” the report reads.</p>\n<p>One key to the report is the call out on individual investors that may have lost money during the meme stock trading frenzy.</p>\n<p>“However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money.”</p>\n<p>The report highlights that individual customers made up a high percentage of GameStop option traders with three named brokerages of <b>Robinhood Markets</b>, TD Ameritrade and E*Trade Securities representing 66% of customers trading GME options.</p>\n<p><b>TD Ameritrade</b> is owned by <b>Charles Schwab Corp</b> and <b>E*Trade</b> is owned by <b>Morgan Stanley</b>.</p>\n<p>Market makers <b>Citadel Securities</b> and <b>Virtu Financial</b> were also named in the report representing 50% and 26% of internalized volume during the month of January for GameStop shares, respectively.</p>\n<p><b>4 Potential Changes Coming?</b> The SEC report highlights the value of the trading system that allows buyers and sellers to participate.</p>\n<p>“People may disagree about the prospects of GameStop and the other meme stocks, but those disagreement are what should lead to price discovery rather than disruptions.”</p>\n<p>Items outlined in the report for further consideration include four key topics.</p>\n<p><b>The first topic is the ability of a brokerage to restrict trading in certain securities.</b>This could lead to changes at brokerages including Robinhood, which became the key name targeted by retail traders for restricting trading in stocks like GameStop.</p>\n<p><b>Payment for order flow</b> <b>is called out in the report,</b>which could have an impact on Robinhood’s future earnings if changes are made.</p>\n<p>“Consideration should be given to whether game-like features and celebratory animations that re intended to create positive feedback from trading lead investors to trade more than they would otherwise.”</p>\n<p><b>Trading in dark pools or through wholesalers</b> is another item to be looked at as much of the retail order flow for GameStop shares was reported to happen off exchange.</p>\n<p>“They face fewer requirements concerning their operational transparency and resiliency as compared to exchanges or ATSs.”</p>\n<p><b>Short selling and short squeezes is the last key topic</b> of the report. The SEC calls for “improved reporting” of short sales that could allow regulators the ability to better track the category.</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>4 Key Takeaways From The SEC's 'Meme Stock' Report: PFOF, Short Selling And More</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\">\n4 Key Takeaways From The SEC's 'Meme Stock' Report: PFOF, Short Selling And More\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-10-19 08:24</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in <b>GameStop Corp</b> earlier this year was published Monday afternoon.</p>\n<p><b>What Happened:</b>The 45-page report titled “StaffReport on Equity and Options Market Structure Conditions in Early 2021” draws several conclusions on what happened in the valuation surge and volatility surrounding GameStop shares.</p>\n<p>“The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated,” the report reads.</p>\n<p>One key to the report is the call out on individual investors that may have lost money during the meme stock trading frenzy.</p>\n<p>“However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money.”</p>\n<p>The report highlights that individual customers made up a high percentage of GameStop option traders with three named brokerages of <b>Robinhood Markets</b>, TD Ameritrade and E*Trade Securities representing 66% of customers trading GME options.</p>\n<p><b>TD Ameritrade</b> is owned by <b>Charles Schwab Corp</b> and <b>E*Trade</b> is owned by <b>Morgan Stanley</b>.</p>\n<p>Market makers <b>Citadel Securities</b> and <b>Virtu Financial</b> were also named in the report representing 50% and 26% of internalized volume during the month of January for GameStop shares, respectively.</p>\n<p><b>4 Potential Changes Coming?</b> The SEC report highlights the value of the trading system that allows buyers and sellers to participate.</p>\n<p>“People may disagree about the prospects of GameStop and the other meme stocks, but those disagreement are what should lead to price discovery rather than disruptions.”</p>\n<p>Items outlined in the report for further consideration include four key topics.</p>\n<p><b>The first topic is the ability of a brokerage to restrict trading in certain securities.</b>This could lead to changes at brokerages including Robinhood, which became the key name targeted by retail traders for restricting trading in stocks like GameStop.</p>\n<p><b>Payment for order flow</b> <b>is called out in the report,</b>which could have an impact on Robinhood’s future earnings if changes are made.</p>\n<p>“Consideration should be given to whether game-like features and celebratory animations that re intended to create positive feedback from trading lead investors to trade more than they would otherwise.”</p>\n<p><b>Trading in dark pools or through wholesalers</b> is another item to be looked at as much of the retail order flow for GameStop shares was reported to happen off exchange.</p>\n<p>“They face fewer requirements concerning their operational transparency and resiliency as compared to exchanges or ATSs.”</p>\n<p><b>Short selling and short squeezes is the last key topic</b> of the report. The SEC calls for “improved reporting” of short sales that could allow regulators the ability to better track the category.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood",".DJI":"道琼斯","GME":"游戏驿站",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172304666","content_text":"The long-awaited SEC report concerning the WallStreetBets-fueled short squeeze that happened in GameStop Corp earlier this year was published Monday afternoon.\nWhat Happened:The 45-page report titled “StaffReport on Equity and Options Market Structure Conditions in Early 2021” draws several conclusions on what happened in the valuation surge and volatility surrounding GameStop shares.\n“The extreme volatility in meme stocks in January 2021 tested the capacity and resiliency of our securities markets in a way that few could have anticipated,” the report reads.\nOne key to the report is the call out on individual investors that may have lost money during the meme stock trading frenzy.\n“However, when share prices change rapidly and brokerage firms suddenly suspend trading, investors may lose money.”\nThe report highlights that individual customers made up a high percentage of GameStop option traders with three named brokerages of Robinhood Markets, TD Ameritrade and E*Trade Securities representing 66% of customers trading GME options.\nTD Ameritrade is owned by Charles Schwab Corp and E*Trade is owned by Morgan Stanley.\nMarket makers Citadel Securities and Virtu Financial were also named in the report representing 50% and 26% of internalized volume during the month of January for GameStop shares, respectively.\n4 Potential Changes Coming? The SEC report highlights the value of the trading system that allows buyers and sellers to participate.\n“People may disagree about the prospects of GameStop and the other meme stocks, but those disagreement are what should lead to price discovery rather than disruptions.”\nItems outlined in the report for further consideration include four key topics.\nThe first topic is the ability of a brokerage to restrict trading in certain securities.This could lead to changes at brokerages including Robinhood, which became the key name targeted by retail traders for restricting trading in stocks like GameStop.\nPayment for order flow is called out in the report,which could have an impact on Robinhood’s future earnings if changes are made.\n“Consideration should be given to whether game-like features and celebratory animations that re intended to create positive feedback from trading lead investors to trade more than they would otherwise.”\nTrading in dark pools or through wholesalers is another item to be looked at as much of the retail order flow for GameStop shares was reported to happen off exchange.\n“They face fewer requirements concerning their operational transparency and resiliency as compared to exchanges or ATSs.”\nShort selling and short squeezes is the last key topic of the report. 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