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Agunia
2021-08-03
Good time for buying?
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Agunia
2021-06-29
Apple vs Blackberry…
Here's Why I'm Waiting to Buy BlackBerry Stock
Agunia
2021-06-08
Good buy? Hard to say
Dada surged more than 8% in premarket trading
Agunia
2021-05-31
Interesting!
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Agunia
2021-05-29
Interesting
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Agunia
2021-05-01
Wow! Didn’t know abt it
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But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.</p>\n<h2>A vast addressable market</h2>\n<p>Following its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with <b>Amazon</b>'s Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.</p>\n<p>The success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d31abfbbf6cdcc04c5e000fbffa8cee\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Challenges in cybersecurity</h2>\n<p>However, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.</p>\n<p>The ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million, which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.</p>\n<p>In contrast, given that favorable context, the endpoint protection specialist <b>CrowdStrike</b> generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.</p>\n<p>In particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist <b>Gartner</b> positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.</p>\n<p>Granted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.</p>\n<h2>Internet of Things</h2>\n<p>In contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.</p>\n<p>So during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.</p>\n<p>That's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.</p>\n<h2>Growth priced in</h2>\n<p>Despite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.</p>\n<p>So with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.</p>\n<p>In addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.</p>\n<p>Thus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why I'm Waiting to Buy BlackBerry Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why I'm Waiting to Buy BlackBerry Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 23:42 GMT+8 <a href=https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146836375","content_text":"Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.\nA vast addressable market\nFollowing its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with Amazon's Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.\nThe success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.\nImage source: Getty Images.\nChallenges in cybersecurity\nHowever, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.\nThe ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million, which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.\nIn contrast, given that favorable context, the endpoint protection specialist CrowdStrike generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.\nIn particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist Gartner positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.\nGranted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.\nInternet of Things\nIn contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.\nSo during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.\nThat's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.\nGrowth priced in\nDespite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.\nSo with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.\nIn addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.\nThus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117536714,"gmtCreate":1623149896938,"gmtModify":1631883973018,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Good buy? Hard to say","listText":"Good buy? Hard to say","text":"Good buy? Hard to say","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117536714","repostId":"1144438912","repostType":4,"repost":{"id":"1144438912","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":1623140401,"share":"https://www.laohu8.com/m/news/1144438912?lang=&edition=full","pubTime":"2021-06-08 16:20","market":"us","language":"en","title":"Dada surged more than 8% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144438912","media":"Tiger Newspress","summary":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted los","content":"<p>(June 8) Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</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>Dada surged more than 8% 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\">\nDada surged more than 8% 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\">2021-06-08 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 8) Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DADA":"达达集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144438912","content_text":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.Q2 Outlook:Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”The Company also announces $150 million share repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110081668,"gmtCreate":1622417167154,"gmtModify":1631883973038,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting!","listText":"Interesting!","text":"Interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110081668","repostId":"2138100883","repostType":4,"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134250649,"gmtCreate":1622244672181,"gmtModify":1631883973048,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134250649","repostId":"1170854386","repostType":4,"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101979317,"gmtCreate":1619840693339,"gmtModify":1631883973059,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Wow! Didn’t know abt it","listText":"Wow! Didn’t know abt it","text":"Wow! Didn’t know abt it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101979317","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":150271208,"gmtCreate":1624918781704,"gmtModify":1631883973008,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Apple vs Blackberry…","listText":"Apple vs Blackberry…","text":"Apple vs Blackberry…","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/150271208","repostId":"2146836375","repostType":4,"repost":{"id":"2146836375","kind":"highlight","pubTimestamp":1624894957,"share":"https://www.laohu8.com/m/news/2146836375?lang=&edition=full","pubTime":"2021-06-28 23:42","market":"us","language":"en","title":"Here's Why I'm Waiting to Buy BlackBerry Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=2146836375","media":"Motley Fool","summary":"Fiscal first-quarter results showed worrying weakness in one of the company's key segments.","content":"<p>Last year,<b> BlackBerry</b> (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.</p>\n<h2>A vast addressable market</h2>\n<p>Following its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with <b>Amazon</b>'s Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.</p>\n<p>The success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/5d31abfbbf6cdcc04c5e000fbffa8cee\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>Challenges in cybersecurity</h2>\n<p>However, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.</p>\n<p>The ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million, which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.</p>\n<p>In contrast, given that favorable context, the endpoint protection specialist <b>CrowdStrike</b> generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.</p>\n<p>In particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist <b>Gartner</b> positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.</p>\n<p>Granted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.</p>\n<h2>Internet of Things</h2>\n<p>In contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.</p>\n<p>So during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.</p>\n<p>That's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.</p>\n<h2>Growth priced in</h2>\n<p>Despite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.</p>\n<p>So with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.</p>\n<p>In addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.</p>\n<p>Thus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why I'm Waiting to Buy BlackBerry Stock</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why I'm Waiting to Buy BlackBerry Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 23:42 GMT+8 <a href=https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BB":"黑莓"},"source_url":"https://www.fool.com/investing/2021/06/28/heres-why-im-waiting-to-buy-blackberry-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146836375","content_text":"Last year, BlackBerry (NYSE:BB) announced an ambitious goal of creating a software platform for the vast automotive market. But because of the company's current challenges with its cybersecurity portfolio, that opportunity may not translate into profits for investors.\nA vast addressable market\nFollowing its transition to a software-based security business initiated several years ago, BlackBerry announced a partnership with Amazon's Amazon Web Services (AWS) to create IVY, a software platform to securely exchange and manage standardized vehicle data. That platform, which should hit the market by February 2022, should provide automotive industry players with new opportunities, such as reducing costs and monetizing new services.\nThe success of such initiatives remains to be seen. But those developments expose BlackBerry to a vast total addressable market that management estimated at $89 billion by 2025, which corresponds to an attractive compound annual growth rate (CAGR) of 19%.\nImage source: Getty Images.\nChallenges in cybersecurity\nHowever, BlackBerry remains far from reaching that growth trajectory. During its first fiscal quarter, which ended on May 31, revenue declined 15.5% year over year to $174 million.\nThe ongoing negotiation to sell an important part of the company's patent portfolio had a negative effect on revenue. But more worryingly, revenue from the cybersecurity segment declined by 10.1% year over year to $107 million, which seems weak considering the secular growth in that market, boosted by the recent rise of ransomware attacks.\nIn contrast, given that favorable context, the endpoint protection specialist CrowdStrike generated another quarter of impressive revenue growth (70% year over year to $302.8 million) during its latest quarter, despite its much larger scale.\nIn particular, BlackBerry's endpoint protection cybersecurity offering Cylance hasn't caught up yet with the competition. As an illustration, the research specialist Gartner positioned Cylance far away from many competitors in its May 2021 endpoint protection platforms magic quadrant in terms of ability to execute and completeness of vision.\nGranted, BlackBerry enhanced its cybersecurity offerings last quarter with additional cloud-based capabilities to protect remote workers. But competitors, such as CrowdStrike, have already been proposing similar features for several quarters, or even years.\nInternet of Things\nIn contrast, BlackBerry's Internet of Things (IoT) segment showed encouraging signs of recovery. That segment mainly includes QNX, the company's embedded operating system that can be integrated into any kind of device.\nSo during the first fiscal quarter, revenue from IoT increased by 48.3% year over year to $43 million, partly thanks to the deployment of QNX in vehicles. Indeed, the research outfit Strategy Analytics estimated QNX software is now embedded in more than 195 million vehicles, compared to 175 million the year before.\nThat's an encouraging development for BlackBerry over the long term, as it plans to leverage its footprint in the automotive industry to grow the adoption of its IVY platform. In addition, after having announced its IVY Innovation Fund several months ago to drive innovation, it launched its IVY Advisory Council during the last quarter to develop use cases.\nGrowth priced in\nDespite the drop following these mixed fiscal first-quarter results, BlackBerry's stock is still up more than 80% since the beginning of the year. The company's market cap, now at $6.8 billion, corresponds to 7.9 times trailing 12-month revenue of $861 million, which indicates the market is pricing in strong growth going forward.\nSo with cybersecurity representing 61.5% of revenue during the last quarter, the company must significantly improve its security business to match the market's expectations, which won't be easy given the crowded and strong competition in that area.\nIn addition, the success of the company's IoT business will partly depend on its cybersecurity portfolio. Indeed, BlackBerry will leverage its cybersecurity infrastructure and software to protect connected vehicles as well, as they remain exposed to similar threats as traditional computing devices, such as computers and laptops.\nThus, before considering investing in BlackBerry for the attractive potential of its IVY platform over the long term, I'll stay on the sidelines and wait for tangible improvements in the company's cybersecurity segment.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":117536714,"gmtCreate":1623149896938,"gmtModify":1631883973018,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Good buy? Hard to say","listText":"Good buy? Hard to say","text":"Good buy? Hard to say","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/117536714","repostId":"1144438912","repostType":4,"repost":{"id":"1144438912","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":1623140401,"share":"https://www.laohu8.com/m/news/1144438912?lang=&edition=full","pubTime":"2021-06-08 16:20","market":"us","language":"en","title":"Dada surged more than 8% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1144438912","media":"Tiger Newspress","summary":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted los","content":"<p>(June 8) Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</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>Dada surged more than 8% 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\">\nDada surged more than 8% 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\">2021-06-08 16:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 8) Dada surged more than 8% in premarket trading.</p><p><img src=\"https://static.tigerbbs.com/9d774d3b39e0017fac96a0eeb4e0ec75\" tg-width=\"750\" tg-height=\"514\" referrerpolicy=\"no-referrer\"></p><p>Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.</p><p>Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.</p><p>Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.</p><p>As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.</p><p>Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.</p><p>Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.</p><p><b>Q2 Outlook:</b>Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.</p><p>“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”</p><p>The Company also announces $150 million share repurchase plan.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DADA":"达达集团"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144438912","content_text":"(June 8) Dada surged more than 8% in premarket trading.Hours ago, Dada Nexus reports Q1 adjusted lossof RMB0.65 per share vs. a loss of RMB1.11 per share in lastyear's quarter.Total net revenues rose 52.1% Y/Y to RMB1,672.8 million.Non-GAAP loss from operations was RMB648.1 million, compared with RMB205.5 million.As of March 31, 2021, the Company had RMB5,485.8 million in cash, cash equivalents, restricted cash and short-term investments.Total Gross Merchandise Volume of JDDJ for the twelve months ended March 31, 2021 rose 79% Y/Y to RMB28.1 billion.Number of active consumers for the twelve months ended March 31, 2021 rose 67% Y/Y to 46.1M.Q2 Outlook:Total revenue of RMB1.4B-1.45B (about $219-$226.9M) vs. a consensus of $244.4M.“We delivered another solid quarter and expect the strong growth momentum will continue,” said Beck Chen, Chief Financial Officer of Dada. “We expect the pro forma growth of total revenue of the Q2 will be 72% to 78%, adjusting the revenue recognition of last-mile delivery services to net basis in Q2 of 2020 and 2021. We are excited with JDDJ’s strong growth momentum, and are confident that year-over-year growth rate of JDDJ’s revenue will be over 80% in Q2 and will further accelerate in the second half of 2021.”The Company also announces $150 million share repurchase plan.","news_type":1},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":134250649,"gmtCreate":1622244672181,"gmtModify":1631883973048,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting","listText":"Interesting","text":"Interesting","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/134250649","repostId":"1170854386","repostType":4,"isVote":1,"tweetType":1,"viewCount":331,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804846092,"gmtCreate":1627951272516,"gmtModify":1631883972995,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Good time for buying?","listText":"Good time for buying?","text":"Good time for buying?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/804846092","repostId":"1121830825","repostType":4,"repost":{"id":"1121830825","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":1627918306,"share":"https://www.laohu8.com/m/news/1121830825?lang=&edition=full","pubTime":"2021-08-02 23:31","market":"sg","language":"en","title":"Singapore's Wilmar International targets $605 million Indian IPO for Adani Wilmar","url":"https://stock-news.laohu8.com/highlight/detail?id=1121830825","media":"Reuters","summary":"(Reuters) - Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing o","content":"<p>(Reuters) - Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to 45,000 million Indian rupees ($605.19 million).</p>\n<p>Adani Wilmar, a 50-50 joint venture between the company and Indian conglomerate Adani Group, is expected to list on the BSE and the National Stock Exchange.</p>\n<p>Adani Wilmar sells kitchen commodities such as edible oil and wheat in India under a diverse range of brands.</p>\n<p>Wilmar International did not disclose an issue price for the listing, and said it was dependant on factors including the book building process under Indian regulations and receipt of applicable approvals.</p>\n<p>($1 = 74.3570 Indian rupees)</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>Singapore's Wilmar International targets $605 million Indian IPO for Adani Wilmar</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\">\nSingapore's Wilmar International targets $605 million Indian IPO for Adani Wilmar\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\">2021-08-02 23:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Reuters) - Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to 45,000 million Indian rupees ($605.19 million).</p>\n<p>Adani Wilmar, a 50-50 joint venture between the company and Indian conglomerate Adani Group, is expected to list on the BSE and the National Stock Exchange.</p>\n<p>Adani Wilmar sells kitchen commodities such as edible oil and wheat in India under a diverse range of brands.</p>\n<p>Wilmar International did not disclose an issue price for the listing, and said it was dependant on factors including the book building process under Indian regulations and receipt of applicable approvals.</p>\n<p>($1 = 74.3570 Indian rupees)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"F34.SI":"丰益国际"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121830825","content_text":"(Reuters) - Singaporean agribusiness Wilmar International said on Monday it was pursuing a listing of its joint venture Adani Wilmar in India through an initial public offering worth up to 45,000 million Indian rupees ($605.19 million).\nAdani Wilmar, a 50-50 joint venture between the company and Indian conglomerate Adani Group, is expected to list on the BSE and the National Stock Exchange.\nAdani Wilmar sells kitchen commodities such as edible oil and wheat in India under a diverse range of brands.\nWilmar International did not disclose an issue price for the listing, and said it was dependant on factors including the book building process under Indian regulations and receipt of applicable approvals.\n($1 = 74.3570 Indian rupees)","news_type":1},"isVote":1,"tweetType":1,"viewCount":329,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110081668,"gmtCreate":1622417167154,"gmtModify":1631883973038,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Interesting!","listText":"Interesting!","text":"Interesting!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/110081668","repostId":"2138100883","repostType":4,"repost":{"id":"2138100883","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1622208120,"share":"https://www.laohu8.com/m/news/2138100883?lang=&edition=full","pubTime":"2021-05-28 21:22","market":"fut","language":"en","title":"The price of meat this Memorial Day Weekend may cause you to reach for the veggie burgers","url":"https://stock-news.laohu8.com/highlight/detail?id=2138100883","media":"Dow Jones","summary":"'Meat prices are often more volatile than some other food price categories'\nWill you be putting baco","content":"<p>'Meat prices are often more volatile than some other food price categories'</p>\n<p>Will you be putting bacon and hamburgers on the grill this weekend? Or will you be reaching for the veggie burgers ?</p>\n<p>Barbecues will be heating up this Memorial Day weekend -- not just from coal or propane -- but from the record prices Americans will pay at the grocery store. Beef, pork and corn are must-haves for many Americans this weekend, but this year that demand is coupled with high prices, a bad combination for consumers.</p>\n<p>Meat prices rose by 1% in April compared to March, and have jumped 4% over the past year, according to the most recent government figures. \"Meat prices are often more volatile than some other food price categories,\" said Jayson Lusk, head of the agricultural economics department at Purdue University.</p>\n<p>Case in point: a pound of sliced bacon cost $6.21 in April compared to $5.35 for the same period last year, according to data from the U.S. Department of Agriculture. A pound of boneless chicken breast costs $3.41 a pound last month versus $3.16 a pound in April last year.</p>\n<p>The rise in price of chunks of meat in American grocery bags, particularly before Memorial Day Weekend, comes at a time when millions of people are tightening their belts, trying to stay afloat after losing their jobs during the coronavirus pandemic, or simply just hold onto the jobs they have.</p>\n<p>Depending on their baskets, hungry shoppers this weekend will get \"sticker shock,\" said Isaac Olvera, lead food and agricultural economist at ArrowStream, a food-service supply chain technology company. Many consumers, he said, will look at their receipt and wonder, 'What's going on here?'</p>\n<p>For people who have not embraced their inner vegan, it's hard to avoid buying meat, especially during Memorial Day Weekend, and other U.S. holidays. \"Meat price changes often drive changes in the food consumer price index,\" Lusk added, \"in part because they also represent a large share of food expenditures.\"</p>\n<p>To be fair, it's not just meat that's seen higher prices this weekend. Americans have been spending more money on food over the last year. Food prices at grocery stores, which increased 5.7% on average in April of this year , a market research business.</p>\n<p>But what's behind the rise in the cost of meat?</p>\n<p>Supply, to some extent, has yet to catch up with demand. Meat-packing plants across the country were hit badly during the COVID-19 pandemic with many workers becoming ill and plants being forced to shut down production. It was not just a U.S. problem. Many European plants had similar issues .</p>\n<p>\"The meat and poultry price increases were driven by high feed costs and strong domestic and international demand,\" according to the Department of Agriculture's Food Price Outlook 2021 . \"In addition, winter storms and drought disrupted the beef supply, and high prices for sows dampened pork production.\"</p>\n<p>Another reason: near-record prices , a cooperative bank that's also a member of the Farm Credit System.</p>\n<p>\"The 50,000-foot view is that all meat will be more expensive when calculated through 2021,\" Kevin Good, vice president of industry Relations for CattleFax , an independent research firm, told RestaurantBusiness.com . \"Grain prices are higher, exports are stronger and there's a tighter supply of all proteins.\"</p>\n<p>A combination of all the above has also led some farmers to shrink their herds due to falling profit margins. In addition to the increased cost of animal feed, some farmers are struggling to rehire truck drivers after the pandemi has made the transportation of meat more expensive.</p>\n<p>Employers have complained that it's hard to find workers; indeed, many Republican governors said people are not enthused about returning to work if they're earning more with enhanced unemployment benefits. But others say people want to work, and it's difficult to find quality, well-paid jobs -- in agriculture or elsewhere.</p>\n<p>Meat prices, meanwhile, will continue to rise. Looking ahead, beef and veal prices are predicted to increase 1% to 2% in 2021, the USDA's Food Price Outlook added. Pork prices are seen rising between 2% and 3%, while other meat prices are expected to increase 1% to 2%. Labor Day Weekend may look this weekend cheap.</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>The price of meat this Memorial Day Weekend may cause you to reach for the veggie burgers</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\">\nThe price of meat this Memorial Day Weekend may cause you to reach for the veggie burgers\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-05-28 21:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>'Meat prices are often more volatile than some other food price categories'</p>\n<p>Will you be putting bacon and hamburgers on the grill this weekend? Or will you be reaching for the veggie burgers ?</p>\n<p>Barbecues will be heating up this Memorial Day weekend -- not just from coal or propane -- but from the record prices Americans will pay at the grocery store. Beef, pork and corn are must-haves for many Americans this weekend, but this year that demand is coupled with high prices, a bad combination for consumers.</p>\n<p>Meat prices rose by 1% in April compared to March, and have jumped 4% over the past year, according to the most recent government figures. \"Meat prices are often more volatile than some other food price categories,\" said Jayson Lusk, head of the agricultural economics department at Purdue University.</p>\n<p>Case in point: a pound of sliced bacon cost $6.21 in April compared to $5.35 for the same period last year, according to data from the U.S. Department of Agriculture. A pound of boneless chicken breast costs $3.41 a pound last month versus $3.16 a pound in April last year.</p>\n<p>The rise in price of chunks of meat in American grocery bags, particularly before Memorial Day Weekend, comes at a time when millions of people are tightening their belts, trying to stay afloat after losing their jobs during the coronavirus pandemic, or simply just hold onto the jobs they have.</p>\n<p>Depending on their baskets, hungry shoppers this weekend will get \"sticker shock,\" said Isaac Olvera, lead food and agricultural economist at ArrowStream, a food-service supply chain technology company. Many consumers, he said, will look at their receipt and wonder, 'What's going on here?'</p>\n<p>For people who have not embraced their inner vegan, it's hard to avoid buying meat, especially during Memorial Day Weekend, and other U.S. holidays. \"Meat price changes often drive changes in the food consumer price index,\" Lusk added, \"in part because they also represent a large share of food expenditures.\"</p>\n<p>To be fair, it's not just meat that's seen higher prices this weekend. Americans have been spending more money on food over the last year. Food prices at grocery stores, which increased 5.7% on average in April of this year , a market research business.</p>\n<p>But what's behind the rise in the cost of meat?</p>\n<p>Supply, to some extent, has yet to catch up with demand. Meat-packing plants across the country were hit badly during the COVID-19 pandemic with many workers becoming ill and plants being forced to shut down production. It was not just a U.S. problem. Many European plants had similar issues .</p>\n<p>\"The meat and poultry price increases were driven by high feed costs and strong domestic and international demand,\" according to the Department of Agriculture's Food Price Outlook 2021 . \"In addition, winter storms and drought disrupted the beef supply, and high prices for sows dampened pork production.\"</p>\n<p>Another reason: near-record prices , a cooperative bank that's also a member of the Farm Credit System.</p>\n<p>\"The 50,000-foot view is that all meat will be more expensive when calculated through 2021,\" Kevin Good, vice president of industry Relations for CattleFax , an independent research firm, told RestaurantBusiness.com . \"Grain prices are higher, exports are stronger and there's a tighter supply of all proteins.\"</p>\n<p>A combination of all the above has also led some farmers to shrink their herds due to falling profit margins. In addition to the increased cost of animal feed, some farmers are struggling to rehire truck drivers after the pandemi has made the transportation of meat more expensive.</p>\n<p>Employers have complained that it's hard to find workers; indeed, many Republican governors said people are not enthused about returning to work if they're earning more with enhanced unemployment benefits. But others say people want to work, and it's difficult to find quality, well-paid jobs -- in agriculture or elsewhere.</p>\n<p>Meat prices, meanwhile, will continue to rise. Looking ahead, beef and veal prices are predicted to increase 1% to 2% in 2021, the USDA's Food Price Outlook added. Pork prices are seen rising between 2% and 3%, while other meat prices are expected to increase 1% to 2%. Labor Day Weekend may look this weekend cheap.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138100883","content_text":"'Meat prices are often more volatile than some other food price categories'\nWill you be putting bacon and hamburgers on the grill this weekend? Or will you be reaching for the veggie burgers ?\nBarbecues will be heating up this Memorial Day weekend -- not just from coal or propane -- but from the record prices Americans will pay at the grocery store. Beef, pork and corn are must-haves for many Americans this weekend, but this year that demand is coupled with high prices, a bad combination for consumers.\nMeat prices rose by 1% in April compared to March, and have jumped 4% over the past year, according to the most recent government figures. \"Meat prices are often more volatile than some other food price categories,\" said Jayson Lusk, head of the agricultural economics department at Purdue University.\nCase in point: a pound of sliced bacon cost $6.21 in April compared to $5.35 for the same period last year, according to data from the U.S. Department of Agriculture. A pound of boneless chicken breast costs $3.41 a pound last month versus $3.16 a pound in April last year.\nThe rise in price of chunks of meat in American grocery bags, particularly before Memorial Day Weekend, comes at a time when millions of people are tightening their belts, trying to stay afloat after losing their jobs during the coronavirus pandemic, or simply just hold onto the jobs they have.\nDepending on their baskets, hungry shoppers this weekend will get \"sticker shock,\" said Isaac Olvera, lead food and agricultural economist at ArrowStream, a food-service supply chain technology company. Many consumers, he said, will look at their receipt and wonder, 'What's going on here?'\nFor people who have not embraced their inner vegan, it's hard to avoid buying meat, especially during Memorial Day Weekend, and other U.S. holidays. \"Meat price changes often drive changes in the food consumer price index,\" Lusk added, \"in part because they also represent a large share of food expenditures.\"\nTo be fair, it's not just meat that's seen higher prices this weekend. Americans have been spending more money on food over the last year. Food prices at grocery stores, which increased 5.7% on average in April of this year , a market research business.\nBut what's behind the rise in the cost of meat?\nSupply, to some extent, has yet to catch up with demand. Meat-packing plants across the country were hit badly during the COVID-19 pandemic with many workers becoming ill and plants being forced to shut down production. It was not just a U.S. problem. Many European plants had similar issues .\n\"The meat and poultry price increases were driven by high feed costs and strong domestic and international demand,\" according to the Department of Agriculture's Food Price Outlook 2021 . \"In addition, winter storms and drought disrupted the beef supply, and high prices for sows dampened pork production.\"\nAnother reason: near-record prices , a cooperative bank that's also a member of the Farm Credit System.\n\"The 50,000-foot view is that all meat will be more expensive when calculated through 2021,\" Kevin Good, vice president of industry Relations for CattleFax , an independent research firm, told RestaurantBusiness.com . \"Grain prices are higher, exports are stronger and there's a tighter supply of all proteins.\"\nA combination of all the above has also led some farmers to shrink their herds due to falling profit margins. In addition to the increased cost of animal feed, some farmers are struggling to rehire truck drivers after the pandemi has made the transportation of meat more expensive.\nEmployers have complained that it's hard to find workers; indeed, many Republican governors said people are not enthused about returning to work if they're earning more with enhanced unemployment benefits. But others say people want to work, and it's difficult to find quality, well-paid jobs -- in agriculture or elsewhere.\nMeat prices, meanwhile, will continue to rise. Looking ahead, beef and veal prices are predicted to increase 1% to 2% in 2021, the USDA's Food Price Outlook added. Pork prices are seen rising between 2% and 3%, while other meat prices are expected to increase 1% to 2%. Labor Day Weekend may look this weekend cheap.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101979317,"gmtCreate":1619840693339,"gmtModify":1631883973059,"author":{"id":"3582672998808761","authorId":"3582672998808761","name":"Agunia","avatar":"https://static.tigerbbs.com/c379b8a523c85ec56b58dcd332980128","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3582672998808761","authorIdStr":"3582672998808761"},"themes":[],"htmlText":"Wow! Didn’t know abt it","listText":"Wow! Didn’t know abt it","text":"Wow! Didn’t know abt it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/101979317","repostId":"1142063705","repostType":4,"isVote":1,"tweetType":1,"viewCount":262,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}