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- lilJlilJ
  ·2021-04-08
  Hmm
  What Riot Blockchain's $138.5M Purchase Order Means For The Bitcoin Miner
  Bitcoin mining companyRiot Blockchain Inc(NASDAQ:RIOT)announceda milestone purchase for $138.5 milli
  What Riot Blockchain's $138.5M Purchase Order Means For The Bitcoin Miner
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- lilJlilJ
  ·2021-04-08
  Oh I see
  US STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view
  Prison operator GEO tumbles on dividend suspension"Some time" before substantial progress seen on go
  US STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view
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- lilJlilJ
  ·2021-03-26
  Like please thanks 🥺
  Why Spotify Is Set to Win Over the Long Term
  The company is making all the right moves to dominate the music and podcast industries.
  Why Spotify Is Set to Win Over the Long Term
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- lilJlilJ
  ·2021-03-23
  Omg
  Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.
  Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s
  Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.
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Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1617886385,"share":"https://www.laohu8.com/m/news/1181926540?lang=&edition=full","pubTime":"2021-04-08 20:53","market":"us","language":"en","title":"What Riot Blockchain's $138.5M Purchase Order Means For The Bitcoin Miner","url":"https://stock-news.laohu8.com/highlight/detail?id=1181926540","media":"Benzinga","summary":"Bitcoin mining companyRiot Blockchain Inc(NASDAQ:RIOT)announceda milestone purchase for $138.5 milli","content":"<p>Bitcoin mining company<b>Riot Blockchain Inc</b>(NASDAQ:RIOT)announceda milestone purchase for $138.5 million worth of mining equipment yesterday.</p>\n<p><b>What Happened:</b>The company purchased 42,000 S19j Antminers from Bitmain Technologies Limited&nbsp;as part of a strategic initiative to increase its Bitcoin mining hash rate.</p>\n<p>Riot Blockchain estimates that once the Antminers are fully deployed, its hash rate will reach 7.7 exhash per second (EH/s).</p>\n<p>According to the company, this growth represents a 93% increase over its previously estimated hash capacity of 4.0 EH/s by October 2021.</p>\n<p>The company is set to receive a minimum of 3,500 S19j Antminers on a monthly basis starting in November 2021 and will continue through October 2022, as per&nbsp;to the terms of the purchase agreement.</p>\n<p><b>Why It Matters:</b>“This long-term purchase order marks a major milestone in the continued expansion of Riot’s mining operations,” said Megan Brooks, COO of Riot.</p>\n<p>“Riot’s existing fleet of miners has already positioned the company as an American leader in Bitcoin mining. By nearly doubling its planned hash rate capacity, Riot continues to take great strides forward in growing both the company’s and the United States’ share of the global network hash rate.</p>\n<p>We are proud of this accomplishment and remain focused on continuing to evaluate additional opportunities in the space.”</p>\n<p>The company’s mining operations have expanded in recent months, along with the price of Bitcoin, which has grown to $56,827&nbsp;at the time of writing.</p>\n<p><b>What Else:</b>Bitcoin mining operations have been steadily on the rise, as confirmed by a recent difficulty adjustment.</p>\n<p>When more Bitcoin miners enter the space, more power is dedicated to mining the cryptocurrency, sending the overall hash rate to new highs.</p>\n<p><img src=\"https://static.tigerbbs.com/751a45d45b3c34f3f9ccea0dd680a4c4\" tg-width=\"832\" tg-height=\"754\"></p>\n<p>Bitcoin’s algorithm adjusts its mining difficulty upwards when this happens&nbsp;to make sure the new Bitcoins aren’t mined any faster than they are scheduled to be.</p>\n<p><b>Price Action:</b>Riot’s share price too has seen explosive growth since the beginning of the year, surging 372% to a peak of $77.90 in mid-February. Riot stock closed&nbsp;at $48.37 with a 10.59% loss on Wednesday. It traded 2.81% higher, at $49.73 in the pre-market session at the time of writing.</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>What Riot Blockchain's $138.5M Purchase Order Means For The Bitcoin Miner</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\">\nWhat Riot Blockchain's $138.5M Purchase Order Means For The Bitcoin Miner\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-04-08 20:53</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Bitcoin mining company<b>Riot Blockchain Inc</b>(NASDAQ:RIOT)announceda milestone purchase for $138.5 million worth of mining equipment yesterday.</p>\n<p><b>What Happened:</b>The company purchased 42,000 S19j Antminers from Bitmain Technologies Limited&nbsp;as part of a strategic initiative to increase its Bitcoin mining hash rate.</p>\n<p>Riot Blockchain estimates that once the Antminers are fully deployed, its hash rate will reach 7.7 exhash per second (EH/s).</p>\n<p>According to the company, this growth represents a 93% increase over its previously estimated hash capacity of 4.0 EH/s by October 2021.</p>\n<p>The company is set to receive a minimum of 3,500 S19j Antminers on a monthly basis starting in November 2021 and will continue through October 2022, as per&nbsp;to the terms of the purchase agreement.</p>\n<p><b>Why It Matters:</b>“This long-term purchase order marks a major milestone in the continued expansion of Riot’s mining operations,” said Megan Brooks, COO of Riot.</p>\n<p>“Riot’s existing fleet of miners has already positioned the company as an American leader in Bitcoin mining. By nearly doubling its planned hash rate capacity, Riot continues to take great strides forward in growing both the company’s and the United States’ share of the global network hash rate.</p>\n<p>We are proud of this accomplishment and remain focused on continuing to evaluate additional opportunities in the space.”</p>\n<p>The company’s mining operations have expanded in recent months, along with the price of Bitcoin, which has grown to $56,827&nbsp;at the time of writing.</p>\n<p><b>What Else:</b>Bitcoin mining operations have been steadily on the rise, as confirmed by a recent difficulty adjustment.</p>\n<p>When more Bitcoin miners enter the space, more power is dedicated to mining the cryptocurrency, sending the overall hash rate to new highs.</p>\n<p><img src=\"https://static.tigerbbs.com/751a45d45b3c34f3f9ccea0dd680a4c4\" tg-width=\"832\" tg-height=\"754\"></p>\n<p>Bitcoin’s algorithm adjusts its mining difficulty upwards when this happens&nbsp;to make sure the new Bitcoins aren’t mined any faster than they are scheduled to be.</p>\n<p><b>Price Action:</b>Riot’s share price too has seen explosive growth since the beginning of the year, surging 372% to a peak of $77.90 in mid-February. Riot stock closed&nbsp;at $48.37 with a 10.59% loss on Wednesday. It traded 2.81% higher, at $49.73 in the pre-market session at the time of writing.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1181926540","content_text":"Bitcoin mining companyRiot Blockchain Inc(NASDAQ:RIOT)announceda milestone purchase for $138.5 million worth of mining equipment yesterday.\nWhat Happened:The company purchased 42,000 S19j Antminers from Bitmain Technologies Limited as part of a strategic initiative to increase its Bitcoin mining hash rate.\nRiot Blockchain estimates that once the Antminers are fully deployed, its hash rate will reach 7.7 exhash per second (EH/s).\nAccording to the company, this growth represents a 93% increase over its previously estimated hash capacity of 4.0 EH/s by October 2021.\nThe company is set to receive a minimum of 3,500 S19j Antminers on a monthly basis starting in November 2021 and will continue through October 2022, as per to the terms of the purchase agreement.\nWhy It Matters:“This long-term purchase order marks a major milestone in the continued expansion of Riot’s mining operations,” said Megan Brooks, COO of Riot.\n“Riot’s existing fleet of miners has already positioned the company as an American leader in Bitcoin mining. By nearly doubling its planned hash rate capacity, Riot continues to take great strides forward in growing both the company’s and the United States’ share of the global network hash rate.\nWe are proud of this accomplishment and remain focused on continuing to evaluate additional opportunities in the space.”\nThe company’s mining operations have expanded in recent months, along with the price of Bitcoin, which has grown to $56,827 at the time of writing.\nWhat Else:Bitcoin mining operations have been steadily on the rise, as confirmed by a recent difficulty adjustment.\nWhen more Bitcoin miners enter the space, more power is dedicated to mining the cryptocurrency, sending the overall hash rate to new highs.\n\nBitcoin’s algorithm adjusts its mining difficulty upwards when this happens to make sure the new Bitcoins aren’t mined any faster than they are scheduled to be.\nPrice Action:Riot’s share price too has seen explosive growth since the beginning of the year, surging 372% to a peak of $77.90 in mid-February. Riot stock closed at $48.37 with a 10.59% loss on Wednesday. It traded 2.81% higher, at $49.73 in the pre-market session at the time of writing.","news_type":1},"isVote":1,"tweetType":1,"viewCount":161,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348307754,"gmtCreate":1617886494278,"gmtModify":1634295967505,"author":{"id":"3578716491218367","authorId":"3578716491218367","name":"lilJ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578716491218367","authorIdStr":"3578716491218367"},"themes":[],"htmlText":"Oh I see","listText":"Oh I see","text":"Oh I see","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348307754","repostId":"2125726223","repostType":4,"repost":{"id":"2125726223","kind":"highlight","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":1617826841,"share":"https://www.laohu8.com/m/news/2125726223?lang=&edition=full","pubTime":"2021-04-08 04:20","market":"us","language":"en","title":"US STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view","url":"https://stock-news.laohu8.com/highlight/detail?id=2125726223","media":"Reuters","summary":"Prison operator GEO tumbles on dividend suspension\"Some time\" before substantial progress seen on go","content":"<ul><li>Prison operator GEO tumbles on dividend suspension</li><li>\"Some time\" before substantial progress seen on goals - Fed</li><li>Growth stocks outperform value</li><li>Dow up 0.05%, S&amp;P 500 up 0.15%, Nasdaq down 0.07%</li></ul><p>NEW YORK, April 7 (Reuters) - Major averages hovered near unchanged on Wednesday, with the S&amp;P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.</p><p>The major indexes held near unchanged for most of the day but the S&amp;P 500 briefly climbed to a session high after the minutes, in which Fed officials said it would likely take \"some time\" for substantial further progress on goals of maximum employment and stable prices.</p><p>The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike.</p><p>\"We thought we were going to get something new from the minutes of the Fed meeting, we were oddly mistaken on that <a href=\"https://laohu8.com/S/AONE\">one</a>,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>\"The Fed has been more transparent all of this year about where they stand and they really are not budging from that stance.\"</p><p>The yield on the benchmark 10-year U.S. Treasury note</p><p>moved higher late in the session, yet remained below a 14-month high of 1.776% hit on March 30. The recent pullback in yields has helped growth names and lifted technology</p><p>and communication services    stocks as the best performing sectors on the day.</p><p>The Dow Jones Industrial Average    rose 16.02 points, or 0.05%, to 33,446.26, the S&amp;P 500    gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite    dropped 9.54 points, or 0.07%, to 13,688.84.</p><p>Value stocks, which include economically sensitive sectors such as materials    and industrials   , maintain a strong lead this year over their growth counterparts, dominantly tech-related firms.</p><p>However, a resurgence in demand for tech stocks in recent sessions amid renewed restrictions in Canada and parts of Europe has raised questions over the longevity of the value trade.</p><p>Growth stocks, up 0.28%, outperformed value shares, which were down 0.16% during the session.</p><p>The upcoming earnings season and progress in a multitrillion-dollar infrastructure proposal could decide Wall Street's path forward.</p><p>Analysts have raised expectations for first-quarter S&amp;P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.</p><p>But the sharp run up in earnings expectations could leave the market primed for disappointment.</p><p>JPMorgan Chase &amp; Co  Chief Executive Officer Jamie Dimon said the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.</p><p>Prison operator GEO Group    fell 20.38% after suspending quarterly dividend payments.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 63 new highs and 34 new lows.</p><p>Volume on U.S. exchanges was 9.41 billion shares, the third straight session marking the lowest daily volume of the year, compared with the 12.16 billion average for the full session over the last 20 trading days.</p><p>(Reporting by Chuck Mikolajczak; Editing by David Gregorio)</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>US STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view</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\">\nUS STOCKS-S&P closes slightly higher after Fed minutes feed stable rate view\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\">2021-04-08 04:20</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul><li>Prison operator GEO tumbles on dividend suspension</li><li>\"Some time\" before substantial progress seen on goals - Fed</li><li>Growth stocks outperform value</li><li>Dow up 0.05%, S&amp;P 500 up 0.15%, Nasdaq down 0.07%</li></ul><p>NEW YORK, April 7 (Reuters) - Major averages hovered near unchanged on Wednesday, with the S&amp;P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.</p><p>The major indexes held near unchanged for most of the day but the S&amp;P 500 briefly climbed to a session high after the minutes, in which Fed officials said it would likely take \"some time\" for substantial further progress on goals of maximum employment and stable prices.</p><p>The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike.</p><p>\"We thought we were going to get something new from the minutes of the Fed meeting, we were oddly mistaken on that <a href=\"https://laohu8.com/S/AONE\">one</a>,\" said Art Hogan, chief market strategist at National Securities in New York.</p><p>\"The Fed has been more transparent all of this year about where they stand and they really are not budging from that stance.\"</p><p>The yield on the benchmark 10-year U.S. Treasury note</p><p>moved higher late in the session, yet remained below a 14-month high of 1.776% hit on March 30. The recent pullback in yields has helped growth names and lifted technology</p><p>and communication services    stocks as the best performing sectors on the day.</p><p>The Dow Jones Industrial Average    rose 16.02 points, or 0.05%, to 33,446.26, the S&amp;P 500    gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite    dropped 9.54 points, or 0.07%, to 13,688.84.</p><p>Value stocks, which include economically sensitive sectors such as materials    and industrials   , maintain a strong lead this year over their growth counterparts, dominantly tech-related firms.</p><p>However, a resurgence in demand for tech stocks in recent sessions amid renewed restrictions in Canada and parts of Europe has raised questions over the longevity of the value trade.</p><p>Growth stocks, up 0.28%, outperformed value shares, which were down 0.16% during the session.</p><p>The upcoming earnings season and progress in a multitrillion-dollar infrastructure proposal could decide Wall Street's path forward.</p><p>Analysts have raised expectations for first-quarter S&amp;P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.</p><p>But the sharp run up in earnings expectations could leave the market primed for disappointment.</p><p>JPMorgan Chase &amp; Co  Chief Executive Officer Jamie Dimon said the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.</p><p>Prison operator GEO Group    fell 20.38% after suspending quarterly dividend payments.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 63 new highs and 34 new lows.</p><p>Volume on U.S. exchanges was 9.41 billion shares, the third straight session marking the lowest daily volume of the year, compared with the 12.16 billion average for the full session over the last 20 trading days.</p><p>(Reporting by Chuck Mikolajczak; Editing by David Gregorio)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","SSO":"两倍做多标普500ETF","JPM":"摩根大通","DJX":"1/100道琼斯","QQQ":"纳指100ETF","IVV":"标普500指数ETF","UDOW":"道指三倍做多ETF-ProShares","UPRO":"三倍做多标普500ETF","QID":"纳指两倍做空ETF","SDOW":"道指三倍做空ETF-ProShares","SDS":"两倍做空标普500ETF","DDM":"道指两倍做多ETF","DXD":"道指两倍做空ETF","GEO":"GEO惩教集团","PSQ":"纳指反向ETF","OEF":"标普100指数ETF-iShares","QLD":"纳指两倍做多ETF",".DJI":"道琼斯","SPY":"标普500ETF","SH":"标普500反向ETF",".IXIC":"NASDAQ Composite","OEX":"标普100",".SPX":"S&P 500 Index","SQQQ":"纳指三倍做空ETF","TQQQ":"纳指三倍做多ETF","DOG":"道指反向ETF","WIW":"Western Asset/Claymore Inf-Lkd O","SPXU":"三倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125726223","content_text":"Prison operator GEO tumbles on dividend suspension\"Some time\" before substantial progress seen on goals - FedGrowth stocks outperform valueDow up 0.05%, S&P 500 up 0.15%, Nasdaq down 0.07%NEW YORK, April 7 (Reuters) - Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.The major indexes held near unchanged for most of the day but the S&P 500 briefly climbed to a session high after the minutes, in which Fed officials said it would likely take \"some time\" for substantial further progress on goals of maximum employment and stable prices.The gains were minor and short-lived. Many market participants question whether the Fed will hold off so long on a rate hike.\"We thought we were going to get something new from the minutes of the Fed meeting, we were oddly mistaken on that one,\" said Art Hogan, chief market strategist at National Securities in New York.\"The Fed has been more transparent all of this year about where they stand and they really are not budging from that stance.\"The yield on the benchmark 10-year U.S. Treasury notemoved higher late in the session, yet remained below a 14-month high of 1.776% hit on March 30. The recent pullback in yields has helped growth names and lifted technologyand communication services    stocks as the best performing sectors on the day.The Dow Jones Industrial Average    rose 16.02 points, or 0.05%, to 33,446.26, the S&P 500    gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite    dropped 9.54 points, or 0.07%, to 13,688.84.Value stocks, which include economically sensitive sectors such as materials    and industrials   , maintain a strong lead this year over their growth counterparts, dominantly tech-related firms.However, a resurgence in demand for tech stocks in recent sessions amid renewed restrictions in Canada and parts of Europe has raised questions over the longevity of the value trade.Growth stocks, up 0.28%, outperformed value shares, which were down 0.16% during the session.The upcoming earnings season and progress in a multitrillion-dollar infrastructure proposal could decide Wall Street's path forward.Analysts have raised expectations for first-quarter S&P 500 earnings increase to 24.2%, according to Refinitiv IBES data as of April 1, versus 21% forecast on Feb. 5.But the sharp run up in earnings expectations could leave the market primed for disappointment.JPMorgan Chase & Co  Chief Executive Officer Jamie Dimon said the United States could be in store for an economic boom through 2023 if more adults get vaccinated and federal spending continues.Prison operator GEO Group    fell 20.38% after suspending quarterly dividend payments.Declining issues outnumbered advancing ones on the NYSE by a 1.38-to-1 ratio; on Nasdaq, a 2.22-to-1 ratio favored decliners.The S&P 500 posted 32 new 52-week highs and no new lows; the Nasdaq Composite recorded 63 new highs and 34 new lows.Volume on U.S. exchanges was 9.41 billion shares, the third straight session marking the lowest daily volume of the year, compared with the 12.16 billion average for the full session over the last 20 trading days.(Reporting by Chuck Mikolajczak; Editing by David Gregorio)","news_type":1},"isVote":1,"tweetType":1,"viewCount":51,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":356148290,"gmtCreate":1616766477910,"gmtModify":1634524113428,"author":{"id":"3578716491218367","authorId":"3578716491218367","name":"lilJ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578716491218367","authorIdStr":"3578716491218367"},"themes":[],"htmlText":"Like please thanks 🥺","listText":"Like please thanks 🥺","text":"Like please thanks 🥺","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/356148290","repostId":"2122058474","repostType":4,"repost":{"id":"2122058474","kind":"news","pubTimestamp":1616764459,"share":"https://www.laohu8.com/m/news/2122058474?lang=&edition=full","pubTime":"2021-03-26 21:14","market":"us","language":"en","title":"Why Spotify Is Set to Win Over the Long Term","url":"https://stock-news.laohu8.com/highlight/detail?id=2122058474","media":"Motley Fool","summary":"The company is making all the right moves to dominate the music and podcast industries.","content":"<p><b>Spotify</b> (NYSE:SPOT) was founded in 2006 on the idea of building a service with a better value proposition than pirated music, which was killing the music industry at the time. Fast forward to 2020, and the Swedish technology giant has 345 million users and 155 million paying subscribers across 178 markets. It still offers unlimited music streaming through ad-supported and monthly subscription products, but has recently launched headfirst into the podcast and spoken-word market as well.</p>\n<p>Here's why Spotify is set to dominate the global audio market, and why it should win versus its music, podcast, and legacy radio competitors.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a74fcf50d4c0734f7454290ab14ec8a2\" tg-width=\"700\" tg-height=\"406\"><span>Image source: Getty Images.</span></p>\n<h2>Secular tailwind</h2>\n<p>Music streaming has been around for over a decade, but industry growth, especially in non-Western markets, is just getting started. Spotify is entering more than 80 new markets in 2021, opening up the service to more than a billion potential new users in countries like Nigeria, Bangladesh, and Pakistan. Even in the U.S., <a href=\"https://laohu8.com/S/AONE\">one</a> of its most mature markets, hundreds of millions of dollars are still spent each year on CDs and digitally owned music through platforms like iTunes.&nbsp;Over time, the majority of this spend should migrate to streaming services like Spotify, simply because these platforms offer a better value proposition for consumers.</p>\n<p>It is estimated that at the end of 2019, only 30% of the U.S. population subscribed to a music streaming service. For reference, in Sweden, Spotify's home country, 52% of the population pays for music streaming. In Africa and Southeast Asia, where music streaming penetration is far lower than in Western markets, there is even more room for services like Spotify to grow.</p>\n<p>On the ad-supported side of things, Spotify operates with its free tier. Each year, over $10 billion is spent in the U.S. alone on traditional radio advertising. As with streaming TV, over time the majority of these advertising dollars will transition to on-demand platforms or disappear altogether as consumers opt for ad-free streaming subscriptions. Whatever happens, it will benefit Spotify.</p>\n<h2>How it can win vs. other music streamers</h2>\n<p>Spotify faces tough competition. <b>Apple</b> (NASDAQ:AAPL), <b>Google</b> (NASDAQ:GOOG), and <b>Amazon</b> (NASDAQ:AMZN), three tech giants with gigantic balance sheets, all have music streaming services that compete for users.&nbsp;Pandora, which is now owned by <b>Sirius XM</b> (NASDAQ:SIRI), is another competitor but with significantly fewer users. Spotify has won against the tech giants because the audio market is its No. 1 priority. This focus allows it to work intensely to improve the experience for artists, industry executives, and consumers. It's proven out in Spotify's user growth, which has stayed steady in between 25% and 32% for the last 10 quarters even with these companies vying for subscribers.</p>\n<h2>How it can win the podcast market</h2>\n<p>While Spotify has a solid lead in music streaming, it is working from behind in podcasts. Apple has supported podcasts since 2005 through iTunes and its pre-downloaded Apple Podcasts app, and has been the industry leader for the last decade. Spotify only added podcasts to its service in 2015, however. By leveraging its already large music listener base and recent exclusive deals with shows like <i>The Joe Rogan <a href=\"https://laohu8.com/S/EXP.AU\">Experience</a></i>, the company is actually projected to <i>pass</i> Apple in market share by the end of this year.</p>\n<p>Spotify is also building a podcast advertising network as another way to separate itself from Apple and its smaller competitors. With its original and exclusive shows, plus Anchor and Megaphone (the two podcast creation platforms it owns), Spotify has tens of thousands of shows it can immediately start serving targeted advertisements on. With a global listener base, data it can use to target advertisements, and two popular production tools, Spotify is building a value proposition for both creators and advertisers that is unmatched in the podcast industry.</p>\n<p>There are a lot of moving parts to Spotify's business. It operates in dynamic industries with large competitors like Google and Apple. However, with its underlying business model, high switching costs, and the investments it is making in podcasts, Spotify is setting itself up to eventually dominate the audio market. I can't speak to where the stock will trade, but if you believe in Spotify's business model and the growth of on-demand audio, there is a high likelihood this business is much larger five years from now.</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>Why Spotify Is Set to Win Over the Long Term</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\">\nWhy Spotify Is Set to Win Over the Long Term\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 21:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/03/26/why-spotify-is-set-to-win-over-the-long-term/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Spotify (NYSE:SPOT) was founded in 2006 on the idea of building a service with a better value proposition than pirated music, which was killing the music industry at the time. Fast forward to 2020, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/03/26/why-spotify-is-set-to-win-over-the-long-term/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPOT":"Spotify Technology S.A."},"source_url":"https://www.fool.com/investing/2021/03/26/why-spotify-is-set-to-win-over-the-long-term/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2122058474","content_text":"Spotify (NYSE:SPOT) was founded in 2006 on the idea of building a service with a better value proposition than pirated music, which was killing the music industry at the time. Fast forward to 2020, and the Swedish technology giant has 345 million users and 155 million paying subscribers across 178 markets. It still offers unlimited music streaming through ad-supported and monthly subscription products, but has recently launched headfirst into the podcast and spoken-word market as well.\nHere's why Spotify is set to dominate the global audio market, and why it should win versus its music, podcast, and legacy radio competitors.\nImage source: Getty Images.\nSecular tailwind\nMusic streaming has been around for over a decade, but industry growth, especially in non-Western markets, is just getting started. Spotify is entering more than 80 new markets in 2021, opening up the service to more than a billion potential new users in countries like Nigeria, Bangladesh, and Pakistan. Even in the U.S., one of its most mature markets, hundreds of millions of dollars are still spent each year on CDs and digitally owned music through platforms like iTunes. Over time, the majority of this spend should migrate to streaming services like Spotify, simply because these platforms offer a better value proposition for consumers.\nIt is estimated that at the end of 2019, only 30% of the U.S. population subscribed to a music streaming service. For reference, in Sweden, Spotify's home country, 52% of the population pays for music streaming. In Africa and Southeast Asia, where music streaming penetration is far lower than in Western markets, there is even more room for services like Spotify to grow.\nOn the ad-supported side of things, Spotify operates with its free tier. Each year, over $10 billion is spent in the U.S. alone on traditional radio advertising. As with streaming TV, over time the majority of these advertising dollars will transition to on-demand platforms or disappear altogether as consumers opt for ad-free streaming subscriptions. Whatever happens, it will benefit Spotify.\nHow it can win vs. other music streamers\nSpotify faces tough competition. Apple (NASDAQ:AAPL), Google (NASDAQ:GOOG), and Amazon (NASDAQ:AMZN), three tech giants with gigantic balance sheets, all have music streaming services that compete for users. Pandora, which is now owned by Sirius XM (NASDAQ:SIRI), is another competitor but with significantly fewer users. Spotify has won against the tech giants because the audio market is its No. 1 priority. This focus allows it to work intensely to improve the experience for artists, industry executives, and consumers. It's proven out in Spotify's user growth, which has stayed steady in between 25% and 32% for the last 10 quarters even with these companies vying for subscribers.\nHow it can win the podcast market\nWhile Spotify has a solid lead in music streaming, it is working from behind in podcasts. Apple has supported podcasts since 2005 through iTunes and its pre-downloaded Apple Podcasts app, and has been the industry leader for the last decade. Spotify only added podcasts to its service in 2015, however. By leveraging its already large music listener base and recent exclusive deals with shows like The Joe Rogan Experience, the company is actually projected to pass Apple in market share by the end of this year.\nSpotify is also building a podcast advertising network as another way to separate itself from Apple and its smaller competitors. With its original and exclusive shows, plus Anchor and Megaphone (the two podcast creation platforms it owns), Spotify has tens of thousands of shows it can immediately start serving targeted advertisements on. With a global listener base, data it can use to target advertisements, and two popular production tools, Spotify is building a value proposition for both creators and advertisers that is unmatched in the podcast industry.\nThere are a lot of moving parts to Spotify's business. It operates in dynamic industries with large competitors like Google and Apple. However, with its underlying business model, high switching costs, and the investments it is making in podcasts, Spotify is setting itself up to eventually dominate the audio market. I can't speak to where the stock will trade, but if you believe in Spotify's business model and the growth of on-demand audio, there is a high likelihood this business is much larger five years from now.","news_type":1},"isVote":1,"tweetType":1,"viewCount":237,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353639687,"gmtCreate":1616489519949,"gmtModify":1634525564256,"author":{"id":"3578716491218367","authorId":"3578716491218367","name":"lilJ","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3578716491218367","authorIdStr":"3578716491218367"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/353639687","repostId":"1118727273","repostType":4,"repost":{"id":"1118727273","kind":"news","pubTimestamp":1616489304,"share":"https://www.laohu8.com/m/news/1118727273?lang=&edition=full","pubTime":"2021-03-23 16:48","market":"us","language":"en","title":"Pinterest and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.","url":"https://stock-news.laohu8.com/highlight/detail?id=1118727273","media":"Barrons","summary":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks s","content":"<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.</p>\n<p>But BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.</p>\n<p>Shares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.</p>\n<p>Both stocks are&nbsp;well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.</p>\n<p>Post says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.</p>\n<p>“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”</p>\n<p>Accordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.</p>\n<p>In the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The&nbsp;rapid rise in the 10-year Treasury yield&nbsp;suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.</p>\n<p>Higher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.</p>\n<p>Of the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.</p>\n<p>Snap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The&nbsp;S&amp;P 500 index&nbsp;rose 70% and the&nbsp;Nasdaq Composite&nbsp;is nearly 100% higher.</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 and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.</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 and Snap Stock Just Got Downgraded. Why Their Runs Could Be Over.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-23 16:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in ...</p>\n\n<a href=\"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1\">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.","SNAP":"Snap Inc"},"source_url":"https://www.barrons.com/articles/2-highflying-social-media-stocks-just-got-downgraded-why-their-runs-could-be-over-51616436503?mod=hp_DAY_Theme_1_1","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118727273","content_text":"Amid Covid-19-related lockdown orders by various governments around the world, social media stocks such as Pinterest and Snap have enjoyed healthy gains. Pinterest shares have surged nearly 500% in the past year, and Snap has notched a similar advance.\nBut BofA Securities analyst Justin Post wrote in a client note Monday that there is little upside left in either stock. Post downgraded both Snap (ticker: SNAP) and Pinterest (PINS) to Neutral from a Buy.\nShares of Snap retreated about 0.3% to $58.16 on Monday and Pinterest stock fell 0.9% to $72.35.\nBoth stocks are well-liked by Wall Street. Snap has only one Sell rating, while Pinterest has none.\nPost says the underlying businesses are healthy and expects growth to accelerate in the second quarter. He cautioned that investors “may [become] increasingly concerned” about the second half of the year as the broader economy accelerates amid the vaccination campaign in Europe and the U.S.\n“For Snap and Pinterest, we think multiple expansion in 2020 was aided by unusually low interest rates and outsize growth for both companies in a down economy,” Post wrote. “And as conditions normalize, further multiple expansion is unlikely.”\nAccordingly, Post dropped his Pinterest target price to $75 from $94 and lowered Snap to $67 from $78. He added that his team expects growth stocks to be more favorable in 2022 when gross domestic product growth begins to slow.\nIn the note, Post also wrote so-called stay-at-home stocks such as Pinterest and Snap benefited from the cheap cost of capital in 2020. The rapid rise in the 10-year Treasury yield suggests that may be changing, which could hurt high multiple stocks such as the two social media companies.\nHigher interest rates hurt growth stocks that generate most of their cash flow further in the future. Rising rates have less of an impact on companies that grow more slowly and pay dividends to investors.\nOf the analysts that cover Snap, 29 rate shares a Buy and 10 rate it a Hold. The average target price is $77.33, which implies an upside of roughly 36%. Pinterest has 18 Buy ratings, 10 Hold calls, and an average target price of $91.62, implying upside of 28%.\nSnap stock advanced 467% in the past year. Pinterest shares gained 492% over the same period. The S&P 500 index rose 70% and the Nasdaq Composite is nearly 100% higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":165,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"following","isTTM":false}