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- CXlCXl
  ·2021-12-23
  Wow
  Pinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.
  Pinterest stock has shed nearly half its value in the past six months. An analyst at Citi Research j
  Pinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.
  646 1
  2
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- CXlCXl
  ·2021-11-25
  Great ariticle, would you like to share it?
  Baidu begins collecting robotaxi fares in Beijing
  Starting today, Baidu'srobotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two."We have partne
  Baidu begins collecting robotaxi fares in Beijing
  424 2
  9
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- CXlCXl
  ·2021-11-25
  Great ariticle, would you like to share it?
  非常抱歉，此主贴已删除
  686 2
  8
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- CXlCXl
  ·2021-11-13
  Wow
  Hewlett Packard Enterprise slumps almost 7% as Goldman cuts to sell
  Hewlett Packard Enterprise(NYSE:HPE)was having a rough day, Friday, as its shares fell almost 7% aft
  Hewlett Packard Enterprise slumps almost 7% as Goldman cuts to sell
  531 1
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- CXlCXl
  ·2021-11-05
  Hmm
  非常抱歉，此主贴已删除
  663 评论
  3
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- CXlCXl
  ·2021-10-13
  Yes
  Fed's Clarida: employment test to begin bond taper all but met
  Oct 12 (Reuters) - The U.S. Federal Reserve has all but met its employment goal to move ahead with r
  Fed's Clarida: employment test to begin bond taper all but met
  1,056 1
  6
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- CXlCXl
  ·2021-08-20
  Please like
  292 评论
  点赞
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- CXlCXl
  ·2021-08-15
  Please like
  254 评论
  点赞
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- CXlCXl
  ·2021-08-03
  They bought it fair and square
  The $29 billion deal in 11 weeks: how Square bought Afterpay
  SYDNEY/HONG KONG/NEW YORK, Aug 3 (Reuters) - Jack Dorsey introduced the world to expressing itself i
  The $29 billion deal in 11 weeks: how Square bought Afterpay
  167 2
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- CXlCXl
  ·2021-08-03
  Awesome!
  非常抱歉，此主贴已删除
  421 2
  2
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Why One Analyst Doesn’t See Much of a Rebound.","url":"https://stock-news.laohu8.com/highlight/detail?id=1102948040","media":"Barrons","summary":"Pinterest stock has shed nearly half its value in the past six months. An analyst at Citi Research j","content":"<p>Pinterest&nbsp;stock has shed nearly half its value in the past six months. An analyst at Citi Research just trimmed his expectations.</p>\n<p>Shares of the image-sharing platform losed&nbsp;up 1.4%, at $37.26&nbsp;on&nbsp;Wednesday, while the&nbsp;S&amp;P 500 index&nbsp;rose 1%. The stock has fallen about 50% in the past six months, as investors largely steered clear of social-media platforms.</p>\n<p>Citi Research analyst Jason Bazinet cut his target price to $42 from $48 in a note on Wednesday. He has a Neutral rating. He says the lower target better reflects the company’s growth prospects relative to social-media peers, and he sees limited upside from recent levels.</p>\n<p>“The company continues to improve U.S. monetization, while also executing on its early efforts to monetize its large non-U.S. user base,” he wrote. “Additionally, 2021 Street estimates look reasonable to us. As such, we believe Pinterest’s growth opportunities are priced in at current levels.”</p>\n<p>Pinterest shares (ticker: PINS) surged in October amid reports about a potential acquisition by&nbsp;PayPal Holdings&nbsp;(PYPL). But the payments firm poured cold water on such a deal when it disclosed on Oct. 24 that it wasn’t pursuing an acquisition “at this time.” Pinterest stock sank on the news.</p>\n<p>Of the 30 analysts covering Pinterest stock, 12 have Buy or equivalent ratings, while 17 have Hold or equivalent ratings, according to FactSet. One analyst has a Sell rating. That said, the mean target price is $53.62, meaning more analysts will need to follow Bazinet and adjust their price targets if they don’t opt to call shares a Buy.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Pinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.</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\">\nPinterest Stock Has Slumped. Why One Analyst Doesn’t See Much of a Rebound.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-23 09:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/pinterest-stock-has-slumped-why-one-analyst-doesnt-see-much-of-a-rebound-51640204997?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Pinterest stock has shed nearly half its value in the past six months. An analyst at Citi Research just trimmed his expectations.\nShares of the image-sharing platform losed up 1.4%, at $37.26 on ...</p>\n\n<a href=\"https://www.barrons.com/articles/pinterest-stock-has-slumped-why-one-analyst-doesnt-see-much-of-a-rebound-51640204997?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PINS":"Pinterest, Inc."},"source_url":"https://www.barrons.com/articles/pinterest-stock-has-slumped-why-one-analyst-doesnt-see-much-of-a-rebound-51640204997?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102948040","content_text":"Pinterest stock has shed nearly half its value in the past six months. An analyst at Citi Research just trimmed his expectations.\nShares of the image-sharing platform losed up 1.4%, at $37.26 on Wednesday, while the S&P 500 index rose 1%. The stock has fallen about 50% in the past six months, as investors largely steered clear of social-media platforms.\nCiti Research analyst Jason Bazinet cut his target price to $42 from $48 in a note on Wednesday. He has a Neutral rating. He says the lower target better reflects the company’s growth prospects relative to social-media peers, and he sees limited upside from recent levels.\n“The company continues to improve U.S. monetization, while also executing on its early efforts to monetize its large non-U.S. user base,” he wrote. “Additionally, 2021 Street estimates look reasonable to us. As such, we believe Pinterest’s growth opportunities are priced in at current levels.”\nPinterest shares (ticker: PINS) surged in October amid reports about a potential acquisition by PayPal Holdings (PYPL). But the payments firm poured cold water on such a deal when it disclosed on Oct. 24 that it wasn’t pursuing an acquisition “at this time.” Pinterest stock sank on the news.\nOf the 30 analysts covering Pinterest stock, 12 have Buy or equivalent ratings, while 17 have Hold or equivalent ratings, according to FactSet. One analyst has a Sell rating. That said, the mean target price is $53.62, meaning more analysts will need to follow Bazinet and adjust their price targets if they don’t opt to call shares a Buy.","news_type":1},"isVote":1,"tweetType":1,"viewCount":646,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877021910,"gmtCreate":1637846154868,"gmtModify":1637846154980,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877021910","repostId":"1184244487","repostType":4,"repost":{"id":"1184244487","pubTimestamp":1637844849,"share":"https://www.laohu8.com/m/news/1184244487?lang=&edition=full","pubTime":"2021-11-25 20:54","market":"us","language":"en","title":"Baidu begins collecting robotaxi fares in Beijing","url":"https://stock-news.laohu8.com/highlight/detail?id=1184244487","media":"seekingalpha","summary":"Starting today, Baidu'srobotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two.\"We have partne","content":"<p>Starting today, Baidu's(NASDAQ:BIDU)robotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two.</p>\n<p><i>Bigger picture:</i>While Baidu didn't reveal exact pricing of the new service, it said fares would be similar to other premium ride-hailing apps like DiDi(NYSE:DIDI)- which can cost twice as much as ordinary rides. The new autonomous regulatory permit also covers an area of 60 square kilometers, including a town called Yizhuang that features businesses like JD.com's headquarters. On Nov. 16, Alibaba's(NYSE:BABA)autonomous driving company AutoX claimed its fully driverless robotaxis now operate in the largest single region in China - 168 square kilometers located in Shenzhen's Pingshan District.</p>\n<p>Over in the U.S., Alphabet's (GOOG,GOOGL) Waymo has been testing self-driving taxis primarily in California and Arizona. Waymo can currently charge the public for fares in a part of Phoenix, while its driverless vehicles don't need a safety driver. General Motors(NYSE:GM)self-driving unit Cruise&nbsp; said earlier this month that it applied for final approval to become the first robotaxi operator to commercialize fully autonomous rides in San Francisco.</p>\n<p><b>Apollo goes global?</b>\"We have partnered with many transportation companies in China and are trying to partner with similar companies in other places,\" said Wei Dong, VP of Baidu's intelligent driving group. \"If there is such demand for autonomous driving in other markets, Baidu is willing to cooperate with overseas partners, whether it is an operating company, an automaker or another transportation company. We can export our technologies and experience, and jointly operate in certain areas on the basis of complying with local laws and regulations... Baidu is willing to open up for the international market.\"</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Baidu begins collecting robotaxi fares in Beijing</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\">\nBaidu begins collecting robotaxi fares in Beijing\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-25 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3774443-baidu-begins-collecting-robotaxi-fares-in-beijing><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Starting today, Baidu's(NASDAQ:BIDU)robotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has ...</p>\n\n<a href=\"https://seekingalpha.com/news/3774443-baidu-begins-collecting-robotaxi-fares-in-beijing\">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://seekingalpha.com/news/3774443-baidu-begins-collecting-robotaxi-fares-in-beijing","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1184244487","content_text":"Starting today, Baidu's(NASDAQ:BIDU)robotaxi business, called Apollo, can charge fees for passengers taking one of its 67 self-driving cars in Beijing. It's the first time a large city in China has allowed companies to charge the public for robotaxi rides, and sets the stage for other cities like Shanghai, Shenzhen and Guangzhou to do the same. So far, Baidu can only offer public robotaxi rides when a safety driver is accompanying passengers, but expects that to change in the next year or two.\nBigger picture:While Baidu didn't reveal exact pricing of the new service, it said fares would be similar to other premium ride-hailing apps like DiDi(NYSE:DIDI)- which can cost twice as much as ordinary rides. The new autonomous regulatory permit also covers an area of 60 square kilometers, including a town called Yizhuang that features businesses like JD.com's headquarters. On Nov. 16, Alibaba's(NYSE:BABA)autonomous driving company AutoX claimed its fully driverless robotaxis now operate in the largest single region in China - 168 square kilometers located in Shenzhen's Pingshan District.\nOver in the U.S., Alphabet's (GOOG,GOOGL) Waymo has been testing self-driving taxis primarily in California and Arizona. Waymo can currently charge the public for fares in a part of Phoenix, while its driverless vehicles don't need a safety driver. General Motors(NYSE:GM)self-driving unit Cruise  said earlier this month that it applied for final approval to become the first robotaxi operator to commercialize fully autonomous rides in San Francisco.\nApollo goes global?\"We have partnered with many transportation companies in China and are trying to partner with similar companies in other places,\" said Wei Dong, VP of Baidu's intelligent driving group. \"If there is such demand for autonomous driving in other markets, Baidu is willing to cooperate with overseas partners, whether it is an operating company, an automaker or another transportation company. We can export our technologies and experience, and jointly operate in certain areas on the basis of complying with local laws and regulations... Baidu is willing to open up for the international market.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":877021010,"gmtCreate":1637846147553,"gmtModify":1637846147688,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/877021010","repostId":"1184244487","repostType":4,"isVote":1,"tweetType":1,"viewCount":686,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":879595236,"gmtCreate":1636733689563,"gmtModify":1636733689563,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/879595236","repostId":"1193642637","repostType":4,"repost":{"id":"1193642637","pubTimestamp":1636729074,"share":"https://www.laohu8.com/m/news/1193642637?lang=&edition=full","pubTime":"2021-11-12 22:57","market":"us","language":"en","title":"Hewlett Packard Enterprise slumps almost 7% as Goldman cuts to sell","url":"https://stock-news.laohu8.com/highlight/detail?id=1193642637","media":"seekingalpha","summary":"Hewlett Packard Enterprise(NYSE:HPE)was having a rough day, Friday, as its shares fell almost 7% aft","content":"<p>Hewlett Packard Enterprise(NYSE:HPE)was having a rough day, Friday, as its&nbsp;shares fell almost 7%&nbsp;after Goldman Sachs analyst Rod Hall cut his rating on the tech hardware and services company to sell.</p>\n<p>Hall lowered his view on HPE (HPE) from neutral, saying in a research note that the brokerage's Expected Activity Index suggests there will be more weakness in IT spending in the United States heading into early 2022. Hall said that declines in DRAM memory pricing have, historically, been a negative indicator of the average price of servers, which are some of HPE's biggest sources of revenue.</p>\n<p>Hall added that \"a potentially significant backlog\" in orders could offset some of the industry issues affecting HPE (HPE), but also that such a situation is less likely to occur. Hall also cut his price target on HPE (HPE) to $14 a share from $16.</p>\n<p>When it comes to enterprise tech companies, Hall said, \"We see both Dell(NYSE:DELL)&nbsp;and Cisco(NASDAQ:CSCO)as better options for investors within our enterprise IT hardware coverage.\"</p>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hewlett Packard Enterprise slumps almost 7% as Goldman cuts to sell</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\">\nHewlett Packard Enterprise slumps almost 7% as Goldman cuts to sell\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-12 22:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3770096-hewlett-packard-enterprise-slumps-almost-7-as-goldman-cuts-to-sell><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Hewlett Packard Enterprise(NYSE:HPE)was having a rough day, Friday, as its shares fell almost 7% after Goldman Sachs analyst Rod Hall cut his rating on the tech hardware and services company to sell.\n...</p>\n\n<a href=\"https://seekingalpha.com/news/3770096-hewlett-packard-enterprise-slumps-almost-7-as-goldman-cuts-to-sell\">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://seekingalpha.com/news/3770096-hewlett-packard-enterprise-slumps-almost-7-as-goldman-cuts-to-sell","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1193642637","content_text":"Hewlett Packard Enterprise(NYSE:HPE)was having a rough day, Friday, as its shares fell almost 7% after Goldman Sachs analyst Rod Hall cut his rating on the tech hardware and services company to sell.\nHall lowered his view on HPE (HPE) from neutral, saying in a research note that the brokerage's Expected Activity Index suggests there will be more weakness in IT spending in the United States heading into early 2022. Hall said that declines in DRAM memory pricing have, historically, been a negative indicator of the average price of servers, which are some of HPE's biggest sources of revenue.\nHall added that \"a potentially significant backlog\" in orders could offset some of the industry issues affecting HPE (HPE), but also that such a situation is less likely to occur. Hall also cut his price target on HPE (HPE) to $14 a share from $16.\nWhen it comes to enterprise tech companies, Hall said, \"We see both Dell(NYSE:DELL) and Cisco(NASDAQ:CSCO)as better options for investors within our enterprise IT hardware coverage.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":531,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846869649,"gmtCreate":1636073330202,"gmtModify":1636073330321,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Hmm","listText":"Hmm","text":"Hmm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846869649","repostId":"1122074536","repostType":4,"isVote":1,"tweetType":1,"viewCount":663,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":826785462,"gmtCreate":1634054502257,"gmtModify":1634054502387,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/826785462","repostId":"2174962131","repostType":4,"repost":{"id":"2174962131","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":1634052674,"share":"https://www.laohu8.com/m/news/2174962131?lang=&edition=full","pubTime":"2021-10-12 23:31","market":"us","language":"en","title":"Fed's Clarida: employment test to begin bond taper all but met","url":"https://stock-news.laohu8.com/highlight/detail?id=2174962131","media":"Reuters","summary":"Oct 12 (Reuters) - The U.S. Federal Reserve has all but met its employment goal to move ahead with r","content":"<p>Oct 12 (Reuters)&nbsp;- The U.S. Federal Reserve has all but met its employment goal to move ahead with reducing its bond buying program, Fed Vice Chair Richard Clarida said on Tuesday, cementing expectations the central bank will start withdrawing its crisis-era stimulus as soon as next month.</p>\n<p>\"I myself believe that the 'substantial further progress' standard has more than been met with regard to our price-stability mandate and has all but been met with regard to our employment mandate,\" Clarida said in prepared remarks to the Institute of International Finance virtual annual meeting, as he repeated that the Fed at its last meeting agreed tapering \"may soon be warranted.\"</p>\n<p>Clarida's upbeat assessment likely echoes the sentiments of his boss, Fed Chair Jerome Powell, who had previously said that he only needed to see a \"decent\" September U.S. jobs report to be ready to begin to taper bond buys in November.</p>\n<p>That jobs report, released by the Labor Department last Friday, showed 194,000 jobs added in September, well short of analyst expectations, but upward revisions to prior months mean the economy has now regained half the jobs deficit it faced in December, when the Fed set a \"substantial further progress\" hurdle on jobs and inflation in order to begin tapering. Fed policymakers are already almost all aligned that higher-than-expected inflation has met their threshold.</p>\n<p>Fed policymakers at their last meeting saw the unemployment rate falling to 4.8% by the end of this year, a benchmark it already reached last month.</p>\n<p>The economy has strengthened and \"conditions in the labor market have continued to improve,\" Clarida said, although he noted the pandemic continues to weigh on employment and participation.</p>\n<p>Prior to the jobs data, Fed policymakers had been split between those who already viewed this year's gains as ample enough to begin reducing the asset purchase program and those awaiting a little more evidence the jobs recovery remained on track. The Fed's next policy meeting is scheduled for Nov. 2-3.</p>\n<p>In his speech, Clarida also repeated the Fed's view that once tapering has begun, it will likely conclude in the middle of next year.</p>\n<p>The Fed has been buying $120 billion of Treasuries and housing-backed securities a month as part of its emergency response to the COVID-19 pandemic in order to help keep borrowing costs low, but has increasingly emphasized the bond buys have outrun their usefulness in the current environment.</p>\n<p>U.S. economic output has already rebounded higher than pre-pandemic levels, Americans are sitting on at least $2.5 trillion in excess savings accumulated during the pandemic, and consumer spending remains strong. Bond buys most directly affect demand whereas economies worldwide are struggling with labor and goods shortages.</p>\n<p>Indeed, the surge in demand as the U.S. economy reopened has caused a spike in inflation with persistent supply bottlenecks set to keep price increases well above the Fed's 2% average inflation goal through the end of the year and into 2022.</p>\n<p>If inflation does not begin to subside next year, as most Fed policymakers including Clarida still expect, the central bank could be forced to raise interest rates from near zero before the labor market is fully healed. \"The risks to inflation are to the upside,\" Clarida acknowledged, although he played down any perception that the Fed will face a choice between its two mandates and said inflation expectations remain anchored.</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>Fed's Clarida: employment test to begin bond taper all but met</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\">\nFed's Clarida: employment test to begin bond taper all but met\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\">2021-10-12 23:31</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Oct 12 (Reuters)&nbsp;- The U.S. Federal Reserve has all but met its employment goal to move ahead with reducing its bond buying program, Fed Vice Chair Richard Clarida said on Tuesday, cementing expectations the central bank will start withdrawing its crisis-era stimulus as soon as next month.</p>\n<p>\"I myself believe that the 'substantial further progress' standard has more than been met with regard to our price-stability mandate and has all but been met with regard to our employment mandate,\" Clarida said in prepared remarks to the Institute of International Finance virtual annual meeting, as he repeated that the Fed at its last meeting agreed tapering \"may soon be warranted.\"</p>\n<p>Clarida's upbeat assessment likely echoes the sentiments of his boss, Fed Chair Jerome Powell, who had previously said that he only needed to see a \"decent\" September U.S. jobs report to be ready to begin to taper bond buys in November.</p>\n<p>That jobs report, released by the Labor Department last Friday, showed 194,000 jobs added in September, well short of analyst expectations, but upward revisions to prior months mean the economy has now regained half the jobs deficit it faced in December, when the Fed set a \"substantial further progress\" hurdle on jobs and inflation in order to begin tapering. Fed policymakers are already almost all aligned that higher-than-expected inflation has met their threshold.</p>\n<p>Fed policymakers at their last meeting saw the unemployment rate falling to 4.8% by the end of this year, a benchmark it already reached last month.</p>\n<p>The economy has strengthened and \"conditions in the labor market have continued to improve,\" Clarida said, although he noted the pandemic continues to weigh on employment and participation.</p>\n<p>Prior to the jobs data, Fed policymakers had been split between those who already viewed this year's gains as ample enough to begin reducing the asset purchase program and those awaiting a little more evidence the jobs recovery remained on track. The Fed's next policy meeting is scheduled for Nov. 2-3.</p>\n<p>In his speech, Clarida also repeated the Fed's view that once tapering has begun, it will likely conclude in the middle of next year.</p>\n<p>The Fed has been buying $120 billion of Treasuries and housing-backed securities a month as part of its emergency response to the COVID-19 pandemic in order to help keep borrowing costs low, but has increasingly emphasized the bond buys have outrun their usefulness in the current environment.</p>\n<p>U.S. economic output has already rebounded higher than pre-pandemic levels, Americans are sitting on at least $2.5 trillion in excess savings accumulated during the pandemic, and consumer spending remains strong. Bond buys most directly affect demand whereas economies worldwide are struggling with labor and goods shortages.</p>\n<p>Indeed, the surge in demand as the U.S. economy reopened has caused a spike in inflation with persistent supply bottlenecks set to keep price increases well above the Fed's 2% average inflation goal through the end of the year and into 2022.</p>\n<p>If inflation does not begin to subside next year, as most Fed policymakers including Clarida still expect, the central bank could be forced to raise interest rates from near zero before the labor market is fully healed. \"The risks to inflation are to the upside,\" Clarida acknowledged, although he played down any perception that the Fed will face a choice between its two mandates and said inflation expectations remain anchored.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2174962131","content_text":"Oct 12 (Reuters) - The U.S. Federal Reserve has all but met its employment goal to move ahead with reducing its bond buying program, Fed Vice Chair Richard Clarida said on Tuesday, cementing expectations the central bank will start withdrawing its crisis-era stimulus as soon as next month.\n\"I myself believe that the 'substantial further progress' standard has more than been met with regard to our price-stability mandate and has all but been met with regard to our employment mandate,\" Clarida said in prepared remarks to the Institute of International Finance virtual annual meeting, as he repeated that the Fed at its last meeting agreed tapering \"may soon be warranted.\"\nClarida's upbeat assessment likely echoes the sentiments of his boss, Fed Chair Jerome Powell, who had previously said that he only needed to see a \"decent\" September U.S. jobs report to be ready to begin to taper bond buys in November.\nThat jobs report, released by the Labor Department last Friday, showed 194,000 jobs added in September, well short of analyst expectations, but upward revisions to prior months mean the economy has now regained half the jobs deficit it faced in December, when the Fed set a \"substantial further progress\" hurdle on jobs and inflation in order to begin tapering. Fed policymakers are already almost all aligned that higher-than-expected inflation has met their threshold.\nFed policymakers at their last meeting saw the unemployment rate falling to 4.8% by the end of this year, a benchmark it already reached last month.\nThe economy has strengthened and \"conditions in the labor market have continued to improve,\" Clarida said, although he noted the pandemic continues to weigh on employment and participation.\nPrior to the jobs data, Fed policymakers had been split between those who already viewed this year's gains as ample enough to begin reducing the asset purchase program and those awaiting a little more evidence the jobs recovery remained on track. The Fed's next policy meeting is scheduled for Nov. 2-3.\nIn his speech, Clarida also repeated the Fed's view that once tapering has begun, it will likely conclude in the middle of next year.\nThe Fed has been buying $120 billion of Treasuries and housing-backed securities a month as part of its emergency response to the COVID-19 pandemic in order to help keep borrowing costs low, but has increasingly emphasized the bond buys have outrun their usefulness in the current environment.\nU.S. economic output has already rebounded higher than pre-pandemic levels, Americans are sitting on at least $2.5 trillion in excess savings accumulated during the pandemic, and consumer spending remains strong. Bond buys most directly affect demand whereas economies worldwide are struggling with labor and goods shortages.\nIndeed, the surge in demand as the U.S. economy reopened has caused a spike in inflation with persistent supply bottlenecks set to keep price increases well above the Fed's 2% average inflation goal through the end of the year and into 2022.\nIf inflation does not begin to subside next year, as most Fed policymakers including Clarida still expect, the central bank could be forced to raise interest rates from near zero before the labor market is fully healed. \"The risks to inflation are to the upside,\" Clarida acknowledged, although he played down any perception that the Fed will face a choice between its two mandates and said inflation expectations remain anchored.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1056,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":838588120,"gmtCreate":1629419300960,"gmtModify":1633685017531,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Please like","listText":"Please like","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838588120","isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897414969,"gmtCreate":1628956900051,"gmtModify":1633688302809,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Please like&nbsp;","listText":"Please like&nbsp;","text":"Please like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/897414969","isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804743244,"gmtCreate":1627983460788,"gmtModify":1633754660760,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"They bought it fair and square&nbsp;","listText":"They bought it fair and square&nbsp;","text":"They bought it fair and square","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/804743244","repostId":"2156426611","repostType":4,"repost":{"id":"2156426611","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":1627982755,"share":"https://www.laohu8.com/m/news/2156426611?lang=&edition=full","pubTime":"2021-08-03 17:25","market":"other","language":"en","title":"The $29 billion deal in 11 weeks: how Square bought Afterpay","url":"https://stock-news.laohu8.com/highlight/detail?id=2156426611","media":"Reuters","summary":"SYDNEY/HONG KONG/NEW YORK, Aug 3 (Reuters) - Jack Dorsey introduced the world to expressing itself i","content":"<p>SYDNEY/HONG KONG/NEW YORK, Aug 3 (Reuters) - Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc , and his payments company, Square Inc , also likes getting straight to the point.</p>\n<p>Square's purchase of Australian buy now, pay later provider Afterpay Ltd for $29 billion in stock, the largest ever acquisition by Dorsey's firm, was consummated within three months, said four people with knowledge of the deal talks.</p>\n<p>Such a short time is regarded as uncommon in the world of huge cross-border M&amp;As, where armies of advisers can spend months negotiating key terms and poring over books and business plans to ensure there are no hidden skeletons.</p>\n<p>As the business boomed in the past year, Afterpay fielded takeover interest from six potential buyers, including U.S. consumer banks, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the sources said, but Square made more sense as the companies were already exploring services tie-ups.</p>\n<p>Square wanted to provide a buy now, pay later feature for its popular Cash app, while Afterpay hoped to accelerate growth in the U.S. market, in competition with Affirm and Klarna.</p>\n<p>The deal talks for the largest buyout ever for an Australian firm started last year to explore a strategic partnership in response to growing competition from incumbents, and turned towards acquisition after key executives of the two firms met in Hawaii in May, three of the sources said.</p>\n<p>The executives left the tropical island after a couple of days with the agreement that they needed to be combined, the sources said, adding that it took just 11 weeks from that point to finalise the transaction terms.</p>\n<p>There were good reasons for the speed - banks and new entrants are aiming for a bigger slice of the buy now, pay later services that have boomed in the past year, as homebound consumers used them to borrow and spend online during the coronavirus pandemic.</p>\n<p>The Australian firm's share price slumped 10% on July 14 on media reports that Apple Inc was working on a buy now, pay later feature in coordination with Goldman Sachs Group Inc.</p>\n<p>Such volatility put an emphasis on brevity. Shares in both companies reacted positively to the deal.</p>\n<p>On Monday, Afterpay closed in Sydney up 18.76%, while Square climbed 10.15% in New York, despite the prospect of shareholders being diluted by the new shares to pay for the profitless Australian company. Afterpay rose a further 11.3% on Tuesday.</p>\n<p>Spokespersons at Square and Afterpay declined to comment on the deal background. The sources declined to be named as they were not authorised to talk to the media.</p>\n<p><b>'PROJECT POCKET'</b></p>\n<p>Buy now, pay later firms lend shoppers instant funds, typically up to a few thousand dollars, which can be paid off interest-free. They generally make money from merchant commissions and late fees, rather than interest payments.</p>\n<p>In this way, they sidestep the legal definition of credit and therefore credit laws.</p>\n<p>That means such providers are not required to run background checks on new accounts, unlike credit card companies, and normally request just an applicant's name, address and birth date. Critics say that makes the system an easier fraud target.</p>\n<p>Executives at Square and Afterpay shared a desire to expand access to customers globally and saw combining forces as the best way to take on competitors, both present and potential, in the business, the sources said.</p>\n<p>Afterpay co-founder Nick Molnar first got to know Amrita Ahuja, chief financial officer at Square, years ago when he was living in the United States. Ahuja then introduced the Australian to Dorsey, said one of the sources.</p>\n<p>The deal talks, internally named \"Project Pocket\", picked up pace after Afterpay engaged Goldman to explore a U.S. listing in April, said another, which was soon followed by Square showing an interest in buying the company.</p>\n<p>Soon after, Afterpay hired boutique Qatalyst Partners to evaluate the offer, with the option that if the deal fell through they would push ahead with the plan for the U.S. listing, said another person.</p>\n<p>Sydney-based boutique advisory Highbury Partners was also retained by Afterpay's board.</p>\n<p>The Hawaii trip finally led to the conclusion that each had what the other wanted.</p>\n<p>For Square, it was Afterpay's expertise in buy now, pay later and its existing relationships with large merchants. And Afterpay envied Square's vast reach and popularity in the U.S. market.</p>\n<p>(Reporting by Krystal Hu in New York, Paulina Duran in Sydney and Scott Murdoch in Hong Kong, Writing by David French; Editing by Sumeet Chatterjee and Clarence Fernandez)</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 $29 billion deal in 11 weeks: how Square bought Afterpay</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 $29 billion deal in 11 weeks: how Square bought Afterpay\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\">2021-08-03 17:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SYDNEY/HONG KONG/NEW YORK, Aug 3 (Reuters) - Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of <a href=\"https://laohu8.com/S/TWTR\">Twitter</a> Inc , and his payments company, Square Inc , also likes getting straight to the point.</p>\n<p>Square's purchase of Australian buy now, pay later provider Afterpay Ltd for $29 billion in stock, the largest ever acquisition by Dorsey's firm, was consummated within three months, said four people with knowledge of the deal talks.</p>\n<p>Such a short time is regarded as uncommon in the world of huge cross-border M&amp;As, where armies of advisers can spend months negotiating key terms and poring over books and business plans to ensure there are no hidden skeletons.</p>\n<p>As the business boomed in the past year, Afterpay fielded takeover interest from six potential buyers, including U.S. consumer banks, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the sources said, but Square made more sense as the companies were already exploring services tie-ups.</p>\n<p>Square wanted to provide a buy now, pay later feature for its popular Cash app, while Afterpay hoped to accelerate growth in the U.S. market, in competition with Affirm and Klarna.</p>\n<p>The deal talks for the largest buyout ever for an Australian firm started last year to explore a strategic partnership in response to growing competition from incumbents, and turned towards acquisition after key executives of the two firms met in Hawaii in May, three of the sources said.</p>\n<p>The executives left the tropical island after a couple of days with the agreement that they needed to be combined, the sources said, adding that it took just 11 weeks from that point to finalise the transaction terms.</p>\n<p>There were good reasons for the speed - banks and new entrants are aiming for a bigger slice of the buy now, pay later services that have boomed in the past year, as homebound consumers used them to borrow and spend online during the coronavirus pandemic.</p>\n<p>The Australian firm's share price slumped 10% on July 14 on media reports that Apple Inc was working on a buy now, pay later feature in coordination with Goldman Sachs Group Inc.</p>\n<p>Such volatility put an emphasis on brevity. Shares in both companies reacted positively to the deal.</p>\n<p>On Monday, Afterpay closed in Sydney up 18.76%, while Square climbed 10.15% in New York, despite the prospect of shareholders being diluted by the new shares to pay for the profitless Australian company. Afterpay rose a further 11.3% on Tuesday.</p>\n<p>Spokespersons at Square and Afterpay declined to comment on the deal background. The sources declined to be named as they were not authorised to talk to the media.</p>\n<p><b>'PROJECT POCKET'</b></p>\n<p>Buy now, pay later firms lend shoppers instant funds, typically up to a few thousand dollars, which can be paid off interest-free. They generally make money from merchant commissions and late fees, rather than interest payments.</p>\n<p>In this way, they sidestep the legal definition of credit and therefore credit laws.</p>\n<p>That means such providers are not required to run background checks on new accounts, unlike credit card companies, and normally request just an applicant's name, address and birth date. Critics say that makes the system an easier fraud target.</p>\n<p>Executives at Square and Afterpay shared a desire to expand access to customers globally and saw combining forces as the best way to take on competitors, both present and potential, in the business, the sources said.</p>\n<p>Afterpay co-founder Nick Molnar first got to know Amrita Ahuja, chief financial officer at Square, years ago when he was living in the United States. Ahuja then introduced the Australian to Dorsey, said one of the sources.</p>\n<p>The deal talks, internally named \"Project Pocket\", picked up pace after Afterpay engaged Goldman to explore a U.S. listing in April, said another, which was soon followed by Square showing an interest in buying the company.</p>\n<p>Soon after, Afterpay hired boutique Qatalyst Partners to evaluate the offer, with the option that if the deal fell through they would push ahead with the plan for the U.S. listing, said another person.</p>\n<p>Sydney-based boutique advisory Highbury Partners was also retained by Afterpay's board.</p>\n<p>The Hawaii trip finally led to the conclusion that each had what the other wanted.</p>\n<p>For Square, it was Afterpay's expertise in buy now, pay later and its existing relationships with large merchants. And Afterpay envied Square's vast reach and popularity in the U.S. market.</p>\n<p>(Reporting by Krystal Hu in New York, Paulina Duran in Sydney and Scott Murdoch in Hong Kong, Writing by David French; Editing by Sumeet Chatterjee and Clarence Fernandez)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APT.AU":"Afterpay Touch","PYPL":"PayPal","TWTR":"Twitter","SQ":"Block","GS":"高盛","AAPL":"苹果"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2156426611","content_text":"SYDNEY/HONG KONG/NEW YORK, Aug 3 (Reuters) - Jack Dorsey introduced the world to expressing itself in just 140 characters as the creator of Twitter Inc , and his payments company, Square Inc , also likes getting straight to the point.\nSquare's purchase of Australian buy now, pay later provider Afterpay Ltd for $29 billion in stock, the largest ever acquisition by Dorsey's firm, was consummated within three months, said four people with knowledge of the deal talks.\nSuch a short time is regarded as uncommon in the world of huge cross-border M&As, where armies of advisers can spend months negotiating key terms and poring over books and business plans to ensure there are no hidden skeletons.\nAs the business boomed in the past year, Afterpay fielded takeover interest from six potential buyers, including U.S. consumer banks, one of the sources said, but Square made more sense as the companies were already exploring services tie-ups.\nSquare wanted to provide a buy now, pay later feature for its popular Cash app, while Afterpay hoped to accelerate growth in the U.S. market, in competition with Affirm and Klarna.\nThe deal talks for the largest buyout ever for an Australian firm started last year to explore a strategic partnership in response to growing competition from incumbents, and turned towards acquisition after key executives of the two firms met in Hawaii in May, three of the sources said.\nThe executives left the tropical island after a couple of days with the agreement that they needed to be combined, the sources said, adding that it took just 11 weeks from that point to finalise the transaction terms.\nThere were good reasons for the speed - banks and new entrants are aiming for a bigger slice of the buy now, pay later services that have boomed in the past year, as homebound consumers used them to borrow and spend online during the coronavirus pandemic.\nThe Australian firm's share price slumped 10% on July 14 on media reports that Apple Inc was working on a buy now, pay later feature in coordination with Goldman Sachs Group Inc.\nSuch volatility put an emphasis on brevity. Shares in both companies reacted positively to the deal.\nOn Monday, Afterpay closed in Sydney up 18.76%, while Square climbed 10.15% in New York, despite the prospect of shareholders being diluted by the new shares to pay for the profitless Australian company. Afterpay rose a further 11.3% on Tuesday.\nSpokespersons at Square and Afterpay declined to comment on the deal background. The sources declined to be named as they were not authorised to talk to the media.\n'PROJECT POCKET'\nBuy now, pay later firms lend shoppers instant funds, typically up to a few thousand dollars, which can be paid off interest-free. They generally make money from merchant commissions and late fees, rather than interest payments.\nIn this way, they sidestep the legal definition of credit and therefore credit laws.\nThat means such providers are not required to run background checks on new accounts, unlike credit card companies, and normally request just an applicant's name, address and birth date. Critics say that makes the system an easier fraud target.\nExecutives at Square and Afterpay shared a desire to expand access to customers globally and saw combining forces as the best way to take on competitors, both present and potential, in the business, the sources said.\nAfterpay co-founder Nick Molnar first got to know Amrita Ahuja, chief financial officer at Square, years ago when he was living in the United States. Ahuja then introduced the Australian to Dorsey, said one of the sources.\nThe deal talks, internally named \"Project Pocket\", picked up pace after Afterpay engaged Goldman to explore a U.S. listing in April, said another, which was soon followed by Square showing an interest in buying the company.\nSoon after, Afterpay hired boutique Qatalyst Partners to evaluate the offer, with the option that if the deal fell through they would push ahead with the plan for the U.S. listing, said another person.\nSydney-based boutique advisory Highbury Partners was also retained by Afterpay's board.\nThe Hawaii trip finally led to the conclusion that each had what the other wanted.\nFor Square, it was Afterpay's expertise in buy now, pay later and its existing relationships with large merchants. And Afterpay envied Square's vast reach and popularity in the U.S. market.\n(Reporting by Krystal Hu in New York, Paulina Duran in Sydney and Scott Murdoch in Hong Kong, Writing by David French; Editing by Sumeet Chatterjee and Clarence Fernandez)","news_type":1},"isVote":1,"tweetType":1,"viewCount":167,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":804336836,"gmtCreate":1627920818925,"gmtModify":1633755227788,"author":{"id":"3552012959606076","authorId":"3552012959606076","name":"CXl","avatar":"https://static.tigerbbs.com/0c9ca03768046e937a7bd1502c9f857c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3552012959606076","idStr":"3552012959606076"},"themes":[],"htmlText":"Awesome!&nbsp;","listText":"Awesome!&nbsp;","text":"Awesome!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/804336836","repostId":"2156161791","repostType":4,"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}