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TheAlMateen

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- TheAlMateenTheAlMateen
  ·2021-12-07
  I always do opposite of these so called “analyst” HAHAHA!!
  Instead of chasing momentum stocks into the graveyard, do this instead, strategist says
  Last year's winners haven't been doing so hot. On Monday, the ARK Innovation ETF (ARKK), which surge
  Instead of chasing momentum stocks into the graveyard, do this instead, strategist says
  675 评论
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- TheAlMateenTheAlMateen
  ·2021-12-03
  Hard cause you don’t want competition?
  DBS CEO says hard for digital banks to gain market share in Singapore
  HONG KONG, Dec 3 (Reuters) - Singapore's soon-to-launch online-only banks will find it hard to carve
  DBS CEO says hard for digital banks to gain market share in Singapore
  848 3
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- TheAlMateenTheAlMateen
  ·2021-12-02
  What’s new 🤯
  Crypto stocks slid in morning trading
  Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT
  Crypto stocks slid in morning trading
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- TheAlMateenTheAlMateen
  ·2021-11-17
  $PROG(PROG)$Is there an issue with the app.. been getting error 🤯
  1,174 9
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- TheAlMateenTheAlMateen
  ·2021-11-09
  Sure let’s take a look then
  Rivian IPO Puts Slow Race to Commercial EV to Public Market Test
  (Bloomberg) -- Eleven years after Tesla Inc. went public with a market value of less than $2 billion
  Rivian IPO Puts Slow Race to Commercial EV to Public Market Test
  456 评论
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- TheAlMateenTheAlMateen
  ·2021-10-08
  Looks sunny for Sundial, literally.
  Sundial Growers to acquire Alcanna Inc. for $346 million
  Sundial Growers stock surged 19% in extended trading after announcing that it would acquire Alcanna
  Sundial Growers to acquire Alcanna Inc. for $346 million
  699 1
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always do opposite of these so called “analyst” HAHAHA!!&nbsp;","listText":"I always do opposite of these so called “analyst” HAHAHA!!&nbsp;","text":"I always do opposite of these so called “analyst” HAHAHA!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/606231815","repostId":"2189631205","repostType":4,"repost":{"id":"2189631205","pubTimestamp":1638880736,"share":"https://www.laohu8.com/m/news/2189631205?lang=&edition=full","pubTime":"2021-12-07 20:38","market":"us","language":"en","title":"Instead of chasing momentum stocks into the graveyard, do this instead, strategist says","url":"https://stock-news.laohu8.com/highlight/detail?id=2189631205","media":"MarketWatch","summary":"Last year's winners haven't been doing so hot. 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After the Powell Pivot and the signal the head of the Federal Reserve likely supports faster tapering, he says some investors are worried the central bank may tighten too much. \"There is virtually no evidence that the Fed is getting in front of the curve in a destabilizing way,\" replies Darda. \"Bond market inflation expectations pulling back from 'too high' levels to 'still elevated' levels relative to an average 2% per annum path for inflation do not represent a material tightening in monetary policy.\"</p>\n<p><img src=\"https://static.tigerbbs.com/1485c25b0f967b0c4b9b911009c69575\" tg-width=\"700\" tg-height=\"441\" width=\"100%\" height=\"auto\"></p>\n<p>The last time the labor market was near current levels of utilization, real interest rates were 2 percentage points higher, he notes. 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Blinded by liquidity and false expectations of the proverbial Fed put, we fear that some investors are chasing momentum into the graveyard.\"</p>","source":"lsy1603348471595","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Instead of chasing momentum stocks into the graveyard, do this instead, strategist says</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\">\nInstead of chasing momentum stocks into the graveyard, do this instead, strategist says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-07 20:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/instead-of-chasing-momentum-stocks-into-the-graveyard-do-this-instead-strategist-says-11638878393?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Last year's winners haven't been doing so hot. On Monday, the ARK Innovation ETF (ARKK), which surged 153% in 2020, closed higher for only the second time in 14 sessions, and has dropped 24% this year...</p>\n\n<a href=\"https://www.marketwatch.com/story/instead-of-chasing-momentum-stocks-into-the-graveyard-do-this-instead-strategist-says-11638878393?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MDB":"MongoDB Inc.","BK4512":"苹果概念","BK4099":"汽车制造商","BK4548":"巴美列捷福持仓","GSK.UK":"葛兰素史克","BK4529":"IDC概念","INTC":"英特尔","GSK":"葛兰素史克","BK4516":"特朗普概念","BK4554":"元宇宙及AR概念","BK4515":"5G概念","BK4532":"文艺复兴科技持仓","TSLA":"特斯拉","BK4534":"瑞士信贷持仓","BK4139":"生物科技","VIR":"Vir Biotechnology, Inc.","BK4555":"新能源车",".DJI":"道琼斯","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4007":"制药",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","BK4535":"淡马锡持仓","BK4527":"明星科技股","BK4116":"互联网服务与基础架构","BK4550":"红杉资本持仓","BK4568":"美国抗疫概念","BK4141":"半导体产品","BK4544":"ARK ETF合集","BK4551":"寇图资本持仓"},"source_url":"https://www.marketwatch.com/story/instead-of-chasing-momentum-stocks-into-the-graveyard-do-this-instead-strategist-says-11638878393?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2189631205","content_text":"Last year's winners haven't been doing so hot. On Monday, the ARK Innovation ETF (ARKK), which surged 153% in 2020, closed higher for only the second time in 14 sessions, and has dropped 24% this year. \"We believe you should invest based on what you see, and what you see is high multiple, unprofitable tech get slaughtered with the selling starting to seep into other areas,\" says Matthew Tuttle, the chief executive and chief investment officer at Tuttle Capital Management.\nMichael Darda, chief economist and market strategist at MKM Partners, has a similar warning, but first he wanted to give a reality check. After the Powell Pivot and the signal the head of the Federal Reserve likely supports faster tapering, he says some investors are worried the central bank may tighten too much. \"There is virtually no evidence that the Fed is getting in front of the curve in a destabilizing way,\" replies Darda. \"Bond market inflation expectations pulling back from 'too high' levels to 'still elevated' levels relative to an average 2% per annum path for inflation do not represent a material tightening in monetary policy.\"\n\nThe last time the labor market was near current levels of utilization, real interest rates were 2 percentage points higher, he notes. The breakdown in the relationship between metals and gold, and the 10-year Treasury yield, is more evidence of distortions in the bond market, he adds. \"If the bottom were suddenly falling out of global and/or domestic industrial demand, the resilience of metals to gold would be highly unlikely,\" he says.\nDespite monetary policy that is as loose as a goose, Darda still warns that assets that are priced for perfection against record profits and liquidity could falter for any number of reasons, which already is happening for the highest valued names in the Nasdaq-100.\n\"We continue to take an upbeat view on the reopening stocks which have been crushed and also small cap value,\" says Darda. \"We remain bearish on hyper-valued growth. Back in the old days, high valuations used to mean lower expected future returns. Blinded by liquidity and false expectations of the proverbial Fed put, we fear that some investors are chasing momentum into the graveyard.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":675,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601633563,"gmtCreate":1638520241759,"gmtModify":1638520241867,"author":{"id":"3585754194174993","authorId":"3585754194174993","authorIdStr":"3585754194174993","name":"TheAlMateen","avatar":"https://static.tigerbbs.com/27948d43575c9b8fab40cb5726a7426e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Hard cause you don’t want competition?&nbsp;","listText":"Hard cause you don’t want competition?&nbsp;","text":"Hard cause you don’t want competition?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/601633563","repostId":"1161877243","repostType":4,"repost":{"id":"1161877243","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":1638518646,"share":"https://www.laohu8.com/m/news/1161877243?lang=&edition=full","pubTime":"2021-12-03 16:04","market":"sg","language":"en","title":"DBS CEO says hard for digital banks to gain market share in Singapore","url":"https://stock-news.laohu8.com/highlight/detail?id=1161877243","media":"Reuters","summary":"HONG KONG, Dec 3 (Reuters) - Singapore's soon-to-launch online-only banks will find it hard to carve","content":"<p>HONG KONG, Dec 3 (Reuters) - Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta&nbsp;told the Reuters Next conference.</p>\n<p>\"Even in markets like Brazil and China you can see that the relative market share, size and growth of the incumbent banking system hasn't shifted very much,\" said Gupta.</p>\n<p>\"In Singapore, it's not that easy for digital banks to carve out space,\" he said, pointing to Singapore's 98% banking penetration and incumbents' strong digital product suite.</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>DBS CEO says hard for digital banks to gain market share in Singapore</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDBS CEO says hard for digital banks to gain market share in Singapore\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\">2021-12-03 16:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>HONG KONG, Dec 3 (Reuters) - Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta&nbsp;told the Reuters Next conference.</p>\n<p>\"Even in markets like Brazil and China you can see that the relative market share, size and growth of the incumbent banking system hasn't shifted very much,\" said Gupta.</p>\n<p>\"In Singapore, it's not that easy for digital banks to carve out space,\" he said, pointing to Singapore's 98% banking penetration and incumbents' strong digital product suite.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"D05.SI":"星展集团控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161877243","content_text":"HONG KONG, Dec 3 (Reuters) - Singapore's soon-to-launch online-only banks will find it hard to carve out space in the city-state's market, DBS Chief Executive Piyush Gupta told the Reuters Next conference.\n\"Even in markets like Brazil and China you can see that the relative market share, size and growth of the incumbent banking system hasn't shifted very much,\" said Gupta.\n\"In Singapore, it's not that easy for digital banks to carve out space,\" he said, pointing to Singapore's 98% banking penetration and incumbents' strong digital product suite.","news_type":1},"isVote":1,"tweetType":1,"viewCount":848,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":601035396,"gmtCreate":1638458751472,"gmtModify":1638458751563,"author":{"id":"3585754194174993","authorId":"3585754194174993","authorIdStr":"3585754194174993","name":"TheAlMateen","avatar":"https://static.tigerbbs.com/27948d43575c9b8fab40cb5726a7426e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"What’s new 🤯","listText":"What’s new 🤯","text":"What’s new 🤯","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/601035396","repostId":"1114050476","repostType":4,"repost":{"id":"1114050476","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1638458568,"share":"https://www.laohu8.com/m/news/1114050476?lang=&edition=full","pubTime":"2021-12-02 23:22","market":"us","language":"en","title":"Crypto stocks slid in morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1114050476","media":"Tiger Newspress","summary":"Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT ","content":"<p>Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT Mining,&nbsp;SoS Ltd&nbsp;and&nbsp;Coinbase&nbsp;fell&nbsp;between 1% and 7%.</p>\n<p><img src=\"https://static.tigerbbs.com/8474a9e6b11c14ae3e40c786fb41c312\" tg-width=\"400\" tg-height=\"602\" width=\"100%\" height=\"auto\"></p>\n<p></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>Crypto stocks slid in morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCrypto stocks slid in morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-12-02 23:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT Mining,&nbsp;SoS Ltd&nbsp;and&nbsp;Coinbase&nbsp;fell&nbsp;between 1% and 7%.</p>\n<p><img src=\"https://static.tigerbbs.com/8474a9e6b11c14ae3e40c786fb41c312\" tg-width=\"400\" tg-height=\"602\" width=\"100%\" height=\"auto\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BTBT":"Bit Digital, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114050476","content_text":"Crypto stocks slid in morning trading.Bit Digital,Riot Blockchain,Square,Marathon Digital,CanaanBIT Mining, SoS Ltd and Coinbase fell between 1% and 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":864,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":871560375,"gmtCreate":1637085702379,"gmtModify":1637085702606,"author":{"id":"3585754194174993","authorId":"3585754194174993","authorIdStr":"3585754194174993","name":"TheAlMateen","avatar":"https://static.tigerbbs.com/27948d43575c9b8fab40cb5726a7426e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PROG\">$PROG(PROG)$</a>Is there an issue with the app.. been getting error 🤯","listText":"<a href=\"https://laohu8.com/S/PROG\">$PROG(PROG)$</a>Is there an issue with the app.. been getting error 🤯","text":"$PROG(PROG)$Is there an issue with the app.. been getting error 🤯","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":9,"repostSize":1,"link":"https://laohu8.com/post/871560375","isVote":1,"tweetType":1,"viewCount":1174,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":844460593,"gmtCreate":1636452074037,"gmtModify":1636452968483,"author":{"id":"3585754194174993","authorId":"3585754194174993","authorIdStr":"3585754194174993","name":"TheAlMateen","avatar":"https://static.tigerbbs.com/27948d43575c9b8fab40cb5726a7426e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Sure let’s take a look then&nbsp;","listText":"Sure let’s take a look then&nbsp;","text":"Sure let’s take a look then","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/844460593","repostId":"2182270315","repostType":2,"repost":{"id":"2182270315","pubTimestamp":1636440901,"share":"https://www.laohu8.com/m/news/2182270315?lang=&edition=full","pubTime":"2021-11-09 14:55","market":"us","language":"en","title":"Rivian IPO Puts Slow Race to Commercial EV to Public Market Test","url":"https://stock-news.laohu8.com/highlight/detail?id=2182270315","media":"Bloomberg","summary":"(Bloomberg) -- Eleven years after Tesla Inc. went public with a market value of less than $2 billion","content":"<p>(Bloomberg) -- Eleven years after Tesla Inc. went public with a market value of less than $2 billion, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of its most closely watched competitors is following in its tire treads with a much richer valuation.&nbsp;Electric-truckmaker Rivian Automotive Inc. will price its initial public offering on Tuesday&nbsp;and&nbsp;start trading Wednesday, seeking to raise as much as $10 billion in a listing that could give it a fully diluted valuation of more than $70 billion. If shares are sold at the top of their marketed range, it’ll be the seventh-biggest U.S. IPO on record, data compiled by Bloomberg show.</p>\n<p>Investors will be buying into the promise of a class of EVs that mirror the gas-powered vehicles that dominate the passenger market: larger, bulkier vans and pickup trucks that are a sharp contrast to Tesla’s sleeker sedans. The company also has Amazon.com Inc.’s backing – the internet giant owns a 20% stake in Rivian and has placed an order for 100,000 of its delivery vans.</p>\n<p>As is the case with many richly valued startups, they’ll also be buying into ambitious growth plans. Rivian delivered its first vehicles just a couple of months ago and will only produce about 1,200 units by year-end at its plant in Normal, Illinois. The company estimates that annual production will hit 150,000 vehicles at its main facility by late 2023.</p>\n<p>While demand for Rivian’s products will likely outweigh supply for a number of years, the company faces a “natural ceiling” of 300,000 to 400,000 units per year, New Street Research analyst Pierre Ferragu wrote in a note Monday. That’s partly down to price: Rivian’s R1T truck starts at $67,500 for the most basic model, while its upcoming sport utility model is $70,000.</p>\n<p>“Above $70,000, the global addressable market for Rivian’s SUV and pickup is less than 1.5 million units, and it will be a crowded space,” Ferragu wrote.</p>\n<p>Stealth Mode</p>\n<p>Though it’s a newcomer to the public market, Irvine, California-based Rivian’s entry into the world of consumer electric vehicles has been more than a decade in the making.</p>\n<p>Founder and Chief Executive Officer R.J. Scaringe set-up the first iteration of what would become Rivian in 2009 in his home state of Florida.</p>\n<p>Early work centered around a smaller sports car, which was later shelved in favor of a rugged pickup at the direction of early investor Mohammed Abdul Latif Jameel.</p>\n<p>The company remained in stealth mode for almost 10 years, until the Los Angeles Auto Show in 2018 where Scaringe, who holds a doctorate from the Massachusetts Institute of Technology, showed his battery-electric pickup and SUV to the public for the first time.</p>\n<p>Read more: Rivian’s Long, Messy Road to Its First Electric Pickup Truck</p>\n<p>With deliveries having finally started in September, Rivian is the first automaker to bring a battery-electric pickup to market in the U.S. It’s also on track to make the most of its first-mover advantage when it starts deliveries of the R1S sport utility vehicle this year, giving it a lead in the market for full-size battery-electric SUVs.</p>\n<p>Competition, Amazon</p>\n<p>When competition arrives, it will be plentiful -- and often cheaper. Ford Motor Co. has more than 160,000 non-binding reservations for its F-150 Lightning, the electrified version of its best-selling pickup that starts around $40,000, though it doesn’t go on sale until next spring.</p>\n<p>General Motors Co., which walked away from potentially buying a stake in Rivian in 2019, will debut an EV pickup version of its iconic Hummer this fall. It also plans to unveil an EV version of the Silverado pickup at Consumer Electronics Show in January.&nbsp;Tesla, meanwhile, plans to start production on its futuristic Cybertruck pickup late next year at its new plant in Austin, Texas.</p>\n<p>Much of the recent optimism around Rivian’s potential valuation comes from Amazon’s backing of the automaker, and particularly its order for 100,000 electric delivery vans by the end of the decade.</p>\n<p>The deal for the vans is seen as a point of differentiation for Rivian, giving it some insulation from economic downturns that could hit consumer appetites for passenger EVs. Scaringe has prioritized building hundreds of delivery vans this year, people familiar with the plan told Bloomberg News in October, even though Amazon is under no obligation to actually buy any of them. Amazon Shapes Rivian’s Future and Hopes for $80 Billion IPO (1)</p>\n<p>Under the terms of the agreement, Seattle, Washington-based Amazon has exclusive rights to Rivian’s vans for a period of four years, with right of first refusal on all vans produced for another two years after that. Amazon is also permitted to work with other automakers on electric delivery vans.</p>\n<p>‘Next Tesla’</p>\n<p>“Rivian’s premium market valuation reflects its ownership of the entire value chain and freedom to innovate without dealing with stranded assets,” Pitchbook senior mobility analyst Asad Hussain said. “Between Rivian and Lucid, the market finally has credible candidates for ‘the next Tesla.’”</p>\n<p>Elon Musk’s Tesla, which recently joined the trillion-dollar-valuation club, might have its own ideas about that.</p>\n<p>A legal fight between the companies ramped up last month over Tesla’s claims that Rivian was poaching employees and, in the process, stealing “highly proprietary” battery technology. Rivian denied the claims, which it had accused Tesla in August 2020 of making up to stop employees leaving, and to stifle the growth of competitors.</p>\n<p>If Rivian hits, or exceeds, the market valuation of $63 billion that it’s aiming for in its IPO -- excluding employee stock options and restricted stock units -- it would eclipse decades-old automakers such as Japan’s Honda Motor Co., valued at about $53 billion, and France’s Renault SA at $11 billion.&nbsp;A first-day rally in the shares, which have characterized several recent IPOs by well-known companies, could see Rivian’s valuation top that of Ford, General Motors and fellow EV maker <a href=\"https://laohu8.com/S/LCID\">Lucid Group Inc</a>., which went public via a blank-check company in July and is now worth about $74 billion. Rivian was last valued at $27.6 billion in a funding round in January, Bloomberg News reported.</p>\n<p>Rivian plans to use the proceeds from its IPO for working capital, to fund growth and for other general corporate purposes, according to its listing paperwork. As well as ramping up hiring and increasing the volume of materials bought from its supply chain to meet demand, the company is also planning to build a second U.S. factory and is in talks with the city of Fort Worth, Texas, to invest $5 billion in a plant there. Rivian’s also eyeing a third factory in Europe, Bloomberg reported in January.</p>\n<p>The company had a net loss of $994 million in the first six months of 2021, compared with a $377 million deficit a year earlier, according to its filings. It expects to record a quarterly net loss of up to $1.28 billion due to costs associated with the start of production of the R1T.</p>\n<p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, Goldman Sachs Group Inc. and JPMorgan Chase &amp; Co. -- the same trio who lined up to take Tesla public -- are leading the offering. The company’s shares will trade on the Nasdaq Global Select Market under the symbol RIVN.</p>","source":"yahoofinance","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>Rivian IPO Puts Slow Race to Commercial EV to Public Market Test</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\">\nRivian IPO Puts Slow Race to Commercial EV to Public Market Test\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-09 14:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/rivian-ipo-puts-slow-race-050001996.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Eleven years after Tesla Inc. went public with a market value of less than $2 billion, one of its most closely watched competitors is following in its tire treads with a much richer ...</p>\n\n<a href=\"https://finance.yahoo.com/news/rivian-ipo-puts-slow-race-050001996.html\">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://finance.yahoo.com/news/rivian-ipo-puts-slow-race-050001996.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2182270315","content_text":"(Bloomberg) -- Eleven years after Tesla Inc. went public with a market value of less than $2 billion, one of its most closely watched competitors is following in its tire treads with a much richer valuation. Electric-truckmaker Rivian Automotive Inc. will price its initial public offering on Tuesday and start trading Wednesday, seeking to raise as much as $10 billion in a listing that could give it a fully diluted valuation of more than $70 billion. If shares are sold at the top of their marketed range, it’ll be the seventh-biggest U.S. IPO on record, data compiled by Bloomberg show.\nInvestors will be buying into the promise of a class of EVs that mirror the gas-powered vehicles that dominate the passenger market: larger, bulkier vans and pickup trucks that are a sharp contrast to Tesla’s sleeker sedans. The company also has Amazon.com Inc.’s backing – the internet giant owns a 20% stake in Rivian and has placed an order for 100,000 of its delivery vans.\nAs is the case with many richly valued startups, they’ll also be buying into ambitious growth plans. Rivian delivered its first vehicles just a couple of months ago and will only produce about 1,200 units by year-end at its plant in Normal, Illinois. The company estimates that annual production will hit 150,000 vehicles at its main facility by late 2023.\nWhile demand for Rivian’s products will likely outweigh supply for a number of years, the company faces a “natural ceiling” of 300,000 to 400,000 units per year, New Street Research analyst Pierre Ferragu wrote in a note Monday. That’s partly down to price: Rivian’s R1T truck starts at $67,500 for the most basic model, while its upcoming sport utility model is $70,000.\n“Above $70,000, the global addressable market for Rivian’s SUV and pickup is less than 1.5 million units, and it will be a crowded space,” Ferragu wrote.\nStealth Mode\nThough it’s a newcomer to the public market, Irvine, California-based Rivian’s entry into the world of consumer electric vehicles has been more than a decade in the making.\nFounder and Chief Executive Officer R.J. Scaringe set-up the first iteration of what would become Rivian in 2009 in his home state of Florida.\nEarly work centered around a smaller sports car, which was later shelved in favor of a rugged pickup at the direction of early investor Mohammed Abdul Latif Jameel.\nThe company remained in stealth mode for almost 10 years, until the Los Angeles Auto Show in 2018 where Scaringe, who holds a doctorate from the Massachusetts Institute of Technology, showed his battery-electric pickup and SUV to the public for the first time.\nRead more: Rivian’s Long, Messy Road to Its First Electric Pickup Truck\nWith deliveries having finally started in September, Rivian is the first automaker to bring a battery-electric pickup to market in the U.S. It’s also on track to make the most of its first-mover advantage when it starts deliveries of the R1S sport utility vehicle this year, giving it a lead in the market for full-size battery-electric SUVs.\nCompetition, Amazon\nWhen competition arrives, it will be plentiful -- and often cheaper. Ford Motor Co. has more than 160,000 non-binding reservations for its F-150 Lightning, the electrified version of its best-selling pickup that starts around $40,000, though it doesn’t go on sale until next spring.\nGeneral Motors Co., which walked away from potentially buying a stake in Rivian in 2019, will debut an EV pickup version of its iconic Hummer this fall. It also plans to unveil an EV version of the Silverado pickup at Consumer Electronics Show in January. Tesla, meanwhile, plans to start production on its futuristic Cybertruck pickup late next year at its new plant in Austin, Texas.\nMuch of the recent optimism around Rivian’s potential valuation comes from Amazon’s backing of the automaker, and particularly its order for 100,000 electric delivery vans by the end of the decade.\nThe deal for the vans is seen as a point of differentiation for Rivian, giving it some insulation from economic downturns that could hit consumer appetites for passenger EVs. Scaringe has prioritized building hundreds of delivery vans this year, people familiar with the plan told Bloomberg News in October, even though Amazon is under no obligation to actually buy any of them. Amazon Shapes Rivian’s Future and Hopes for $80 Billion IPO (1)\nUnder the terms of the agreement, Seattle, Washington-based Amazon has exclusive rights to Rivian’s vans for a period of four years, with right of first refusal on all vans produced for another two years after that. Amazon is also permitted to work with other automakers on electric delivery vans.\n‘Next Tesla’\n“Rivian’s premium market valuation reflects its ownership of the entire value chain and freedom to innovate without dealing with stranded assets,” Pitchbook senior mobility analyst Asad Hussain said. “Between Rivian and Lucid, the market finally has credible candidates for ‘the next Tesla.’”\nElon Musk’s Tesla, which recently joined the trillion-dollar-valuation club, might have its own ideas about that.\nA legal fight between the companies ramped up last month over Tesla’s claims that Rivian was poaching employees and, in the process, stealing “highly proprietary” battery technology. Rivian denied the claims, which it had accused Tesla in August 2020 of making up to stop employees leaving, and to stifle the growth of competitors.\nIf Rivian hits, or exceeds, the market valuation of $63 billion that it’s aiming for in its IPO -- excluding employee stock options and restricted stock units -- it would eclipse decades-old automakers such as Japan’s Honda Motor Co., valued at about $53 billion, and France’s Renault SA at $11 billion. A first-day rally in the shares, which have characterized several recent IPOs by well-known companies, could see Rivian’s valuation top that of Ford, General Motors and fellow EV maker Lucid Group Inc., which went public via a blank-check company in July and is now worth about $74 billion. Rivian was last valued at $27.6 billion in a funding round in January, Bloomberg News reported.\nRivian plans to use the proceeds from its IPO for working capital, to fund growth and for other general corporate purposes, according to its listing paperwork. As well as ramping up hiring and increasing the volume of materials bought from its supply chain to meet demand, the company is also planning to build a second U.S. factory and is in talks with the city of Fort Worth, Texas, to invest $5 billion in a plant there. Rivian’s also eyeing a third factory in Europe, Bloomberg reported in January.\nThe company had a net loss of $994 million in the first six months of 2021, compared with a $377 million deficit a year earlier, according to its filings. It expects to record a quarterly net loss of up to $1.28 billion due to costs associated with the start of production of the R1T.\nMorgan Stanley, Goldman Sachs Group Inc. and JPMorgan Chase & Co. -- the same trio who lined up to take Tesla public -- are leading the offering. The company’s shares will trade on the Nasdaq Global Select Market under the symbol RIVN.","news_type":1},"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":823516635,"gmtCreate":1633648743980,"gmtModify":1633648891761,"author":{"id":"3585754194174993","authorId":"3585754194174993","authorIdStr":"3585754194174993","name":"TheAlMateen","avatar":"https://static.tigerbbs.com/27948d43575c9b8fab40cb5726a7426e","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false},"themes":[],"htmlText":"Looks sunny for Sundial, literally.&nbsp;","listText":"Looks sunny for Sundial, literally.&nbsp;","text":"Looks sunny for Sundial, literally.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":11,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/823516635","repostId":"1160165750","repostType":4,"repost":{"id":"1160165750","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1633648504,"share":"https://www.laohu8.com/m/news/1160165750?lang=&edition=full","pubTime":"2021-10-08 07:15","market":"us","language":"en","title":"Sundial Growers to acquire Alcanna Inc. for $346 million","url":"https://stock-news.laohu8.com/highlight/detail?id=1160165750","media":"Tiger Newspress","summary":"Sundial Growers stock surged 19% in extended trading after announcing that it would acquire Alcanna ","content":"<p>Sundial Growers&nbsp;stock&nbsp;surged&nbsp;19%&nbsp;in extended trading&nbsp;after&nbsp;announcing&nbsp;that&nbsp;it&nbsp;would&nbsp;acquire Alcanna Inc. for $346 million.</p>\n<p><img src=\"https://static.tigerbbs.com/61bc6292e74a5b0a1863fd7dfb7408e0\" tg-width=\"847\" tg-height=\"618\" width=\"100%\" height=\"auto\"></p>\n<p>Sundial Growers Inc.&nbsp;announced today that it has entered into an arrangement agreement&nbsp;with Alcanna Inc.&nbsp;pursuant to which Sundial will acquire all of the issued and outstanding common shares of Alcanna&nbsp;by way of a statutory plan of arrangement for total consideration of approximately $346&nbsp;million.</p>\n<p>With over 25 years of experience in retailing regulated products, Alcanna isCanada'slargest private liquor retailer, operating 171 locations predominantly inAlbertaunder its three retail brands \"Wine and Beyond\", \"Liquor Depot\" and \"Ace Liquor\". Alcanna's strategic partner, in which it holds an approximately 63% equity interest, Nova Cannabis Inc., is one ofCanada'slargest cannabis retailers offering a wide range of high-quality cannabis products at value prices. Nova currently operates 62 stores acrossAlberta,SaskatchewanandOntarioprimarily under the \"Value Buds\" and \"Nova Cannabis\" banners.</p>\n<p><b>KEY TRANSACTION HIGHLIGHTS</b></p>\n<ul>\n <li><b>Improved cash flow profile with expansion into liquor:</b>Alcanna's longstanding liquor business provides Sundial with stable cash generation through a mature and proven business model with trailing twelve months free cash flow of$16.4 millionon a built-out retail platform.</li>\n <li><b>Enhanced exposure with investment in Nova, a publicly listed, pure-play cannabis retail operator:</b>Sundial's current retail network combined with Nova's store count implies that the combined company will be a Canadian cannabis retail market leader with more than 170 locations. This network strengthens Sundial's position as a partner to the industry and represents a critical route to market for Canadian licensed producers.</li>\n <li><b>Synergies from a larger retail operation:</b>The robust corporate support function at Alcanna is expected to supplement Sundial's Spiritleaf retail operations. It is estimated that the transaction will deliver more than$15 millionof additional EBITDA on an annual run-rate basis through synergies and other strategic initiatives.</li>\n <li><b>Alcanna shareholders to participate in and help create the future of Sundial:</b>Alcanna shareholders are to receive Sundial common shares in an all-stock transaction. The transaction will provide Alcanna shareholders with exposure to Sundial's core cannabis operations inCanadaand investment operations focused on deploying capital within the cannabis sector through its joint venture in SunStream Bancorp Inc. Beyond improved liquidity and the ability to position for further retail expansion, Sundial's balance sheet strength provides a unique opportunity for Alcanna shareholders to participate in investment growth in the regulated product sector.</li>\n</ul>\n<p>\"This made-in-Albertatransaction allows Sundial to further its mission to own the customer relationship and deliver sustainable value to shareholders,\" saidZach George, Chief Executive Officer of Sundial. \"Alcanna's value-focused model in liquor retailing has created market stability and we believe that the replication of this playbook in cannabis has strong potential to drive a similar result. We intend to position all of our retail exposure for profitability and strive to work with Canadian licensed producers in order to delight consumers with quality cannabis products.\"</p>\n<p>\"We believe this agreement is a testament to the value created by everyone at Alcanna and will be beneficial to all of our stakeholders,\" saidJames Burns, Vice Chair and Chief Executive Officer of Alcanna. \"We have been successful at achieving customer loyalty, and operating at levels of efficiency that are industry-leading and Sundial will provide great opportunities as a larger and significantly more liquid company. We look forward to working with Sundial to complete this transaction.\"</p>\n<p>Under the terms of the Agreement, Alcanna's shareholders will receive, for each Alcanna common share held, 10.69 common shares of Sundial (each whole share, a \"<b>Sundial Share</b>\") (based on the trailing 10-day volume-weighted average price (\"<b>VWAP</b>\") of the Sundial Shares on the NASDAQ Capital Market prior to the date of this press release), representing a deemed value of$9.12per Alcanna Share. The purchase price of$9.12per Alcanna Share represents a premium of 39% to the 10-day VWAP of the Alcanna Shares on the Toronto Stock Exchange (the \"<b>TSX</b>\") preceding the signing of the parties' non-binding letter of intent onSeptember 1, 2021and a premium of 23% to the 10-day VWAP of the Alcanna Shares on the TSX preceding theSeptember 15, 2021press release regarding recent trading activity (unaffected date). The Transaction has been unanimously approved by the boards of directors of Sundial and Alcanna and is expected to close inDecember 2021or in the first quarter of 2022.</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>Sundial Growers to acquire Alcanna Inc. for $346 million</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\">\nSundial Growers to acquire Alcanna Inc. for $346 million\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-10-08 07:15</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Sundial Growers&nbsp;stock&nbsp;surged&nbsp;19%&nbsp;in extended trading&nbsp;after&nbsp;announcing&nbsp;that&nbsp;it&nbsp;would&nbsp;acquire Alcanna Inc. for $346 million.</p>\n<p><img src=\"https://static.tigerbbs.com/61bc6292e74a5b0a1863fd7dfb7408e0\" tg-width=\"847\" tg-height=\"618\" width=\"100%\" height=\"auto\"></p>\n<p>Sundial Growers Inc.&nbsp;announced today that it has entered into an arrangement agreement&nbsp;with Alcanna Inc.&nbsp;pursuant to which Sundial will acquire all of the issued and outstanding common shares of Alcanna&nbsp;by way of a statutory plan of arrangement for total consideration of approximately $346&nbsp;million.</p>\n<p>With over 25 years of experience in retailing regulated products, Alcanna isCanada'slargest private liquor retailer, operating 171 locations predominantly inAlbertaunder its three retail brands \"Wine and Beyond\", \"Liquor Depot\" and \"Ace Liquor\". Alcanna's strategic partner, in which it holds an approximately 63% equity interest, Nova Cannabis Inc., is one ofCanada'slargest cannabis retailers offering a wide range of high-quality cannabis products at value prices. Nova currently operates 62 stores acrossAlberta,SaskatchewanandOntarioprimarily under the \"Value Buds\" and \"Nova Cannabis\" banners.</p>\n<p><b>KEY TRANSACTION HIGHLIGHTS</b></p>\n<ul>\n <li><b>Improved cash flow profile with expansion into liquor:</b>Alcanna's longstanding liquor business provides Sundial with stable cash generation through a mature and proven business model with trailing twelve months free cash flow of$16.4 millionon a built-out retail platform.</li>\n <li><b>Enhanced exposure with investment in Nova, a publicly listed, pure-play cannabis retail operator:</b>Sundial's current retail network combined with Nova's store count implies that the combined company will be a Canadian cannabis retail market leader with more than 170 locations. This network strengthens Sundial's position as a partner to the industry and represents a critical route to market for Canadian licensed producers.</li>\n <li><b>Synergies from a larger retail operation:</b>The robust corporate support function at Alcanna is expected to supplement Sundial's Spiritleaf retail operations. It is estimated that the transaction will deliver more than$15 millionof additional EBITDA on an annual run-rate basis through synergies and other strategic initiatives.</li>\n <li><b>Alcanna shareholders to participate in and help create the future of Sundial:</b>Alcanna shareholders are to receive Sundial common shares in an all-stock transaction. The transaction will provide Alcanna shareholders with exposure to Sundial's core cannabis operations inCanadaand investment operations focused on deploying capital within the cannabis sector through its joint venture in SunStream Bancorp Inc. Beyond improved liquidity and the ability to position for further retail expansion, Sundial's balance sheet strength provides a unique opportunity for Alcanna shareholders to participate in investment growth in the regulated product sector.</li>\n</ul>\n<p>\"This made-in-Albertatransaction allows Sundial to further its mission to own the customer relationship and deliver sustainable value to shareholders,\" saidZach George, Chief Executive Officer of Sundial. \"Alcanna's value-focused model in liquor retailing has created market stability and we believe that the replication of this playbook in cannabis has strong potential to drive a similar result. We intend to position all of our retail exposure for profitability and strive to work with Canadian licensed producers in order to delight consumers with quality cannabis products.\"</p>\n<p>\"We believe this agreement is a testament to the value created by everyone at Alcanna and will be beneficial to all of our stakeholders,\" saidJames Burns, Vice Chair and Chief Executive Officer of Alcanna. \"We have been successful at achieving customer loyalty, and operating at levels of efficiency that are industry-leading and Sundial will provide great opportunities as a larger and significantly more liquid company. We look forward to working with Sundial to complete this transaction.\"</p>\n<p>Under the terms of the Agreement, Alcanna's shareholders will receive, for each Alcanna common share held, 10.69 common shares of Sundial (each whole share, a \"<b>Sundial Share</b>\") (based on the trailing 10-day volume-weighted average price (\"<b>VWAP</b>\") of the Sundial Shares on the NASDAQ Capital Market prior to the date of this press release), representing a deemed value of$9.12per Alcanna Share. The purchase price of$9.12per Alcanna Share represents a premium of 39% to the 10-day VWAP of the Alcanna Shares on the Toronto Stock Exchange (the \"<b>TSX</b>\") preceding the signing of the parties' non-binding letter of intent onSeptember 1, 2021and a premium of 23% to the 10-day VWAP of the Alcanna Shares on the TSX preceding theSeptember 15, 2021press release regarding recent trading activity (unaffected date). The Transaction has been unanimously approved by the boards of directors of Sundial and Alcanna and is expected to close inDecember 2021or in the first quarter of 2022.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNDL":"SNDL Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160165750","content_text":"Sundial Growers stock surged 19% in extended trading after announcing that it would acquire Alcanna Inc. for $346 million.\n\nSundial Growers Inc. announced today that it has entered into an arrangement agreement with Alcanna Inc. pursuant to which Sundial will acquire all of the issued and outstanding common shares of Alcanna by way of a statutory plan of arrangement for total consideration of approximately $346 million.\nWith over 25 years of experience in retailing regulated products, Alcanna isCanada'slargest private liquor retailer, operating 171 locations predominantly inAlbertaunder its three retail brands \"Wine and Beyond\", \"Liquor Depot\" and \"Ace Liquor\". Alcanna's strategic partner, in which it holds an approximately 63% equity interest, Nova Cannabis Inc., is one ofCanada'slargest cannabis retailers offering a wide range of high-quality cannabis products at value prices. Nova currently operates 62 stores acrossAlberta,SaskatchewanandOntarioprimarily under the \"Value Buds\" and \"Nova Cannabis\" banners.\nKEY TRANSACTION HIGHLIGHTS\n\nImproved cash flow profile with expansion into liquor:Alcanna's longstanding liquor business provides Sundial with stable cash generation through a mature and proven business model with trailing twelve months free cash flow of$16.4 millionon a built-out retail platform.\nEnhanced exposure with investment in Nova, a publicly listed, pure-play cannabis retail operator:Sundial's current retail network combined with Nova's store count implies that the combined company will be a Canadian cannabis retail market leader with more than 170 locations. This network strengthens Sundial's position as a partner to the industry and represents a critical route to market for Canadian licensed producers.\nSynergies from a larger retail operation:The robust corporate support function at Alcanna is expected to supplement Sundial's Spiritleaf retail operations. It is estimated that the transaction will deliver more than$15 millionof additional EBITDA on an annual run-rate basis through synergies and other strategic initiatives.\nAlcanna shareholders to participate in and help create the future of Sundial:Alcanna shareholders are to receive Sundial common shares in an all-stock transaction. The transaction will provide Alcanna shareholders with exposure to Sundial's core cannabis operations inCanadaand investment operations focused on deploying capital within the cannabis sector through its joint venture in SunStream Bancorp Inc. Beyond improved liquidity and the ability to position for further retail expansion, Sundial's balance sheet strength provides a unique opportunity for Alcanna shareholders to participate in investment growth in the regulated product sector.\n\n\"This made-in-Albertatransaction allows Sundial to further its mission to own the customer relationship and deliver sustainable value to shareholders,\" saidZach George, Chief Executive Officer of Sundial. \"Alcanna's value-focused model in liquor retailing has created market stability and we believe that the replication of this playbook in cannabis has strong potential to drive a similar result. We intend to position all of our retail exposure for profitability and strive to work with Canadian licensed producers in order to delight consumers with quality cannabis products.\"\n\"We believe this agreement is a testament to the value created by everyone at Alcanna and will be beneficial to all of our stakeholders,\" saidJames Burns, Vice Chair and Chief Executive Officer of Alcanna. \"We have been successful at achieving customer loyalty, and operating at levels of efficiency that are industry-leading and Sundial will provide great opportunities as a larger and significantly more liquid company. We look forward to working with Sundial to complete this transaction.\"\nUnder the terms of the Agreement, Alcanna's shareholders will receive, for each Alcanna common share held, 10.69 common shares of Sundial (each whole share, a \"Sundial Share\") (based on the trailing 10-day volume-weighted average price (\"VWAP\") of the Sundial Shares on the NASDAQ Capital Market prior to the date of this press release), representing a deemed value of$9.12per Alcanna Share. The purchase price of$9.12per Alcanna Share represents a premium of 39% to the 10-day VWAP of the Alcanna Shares on the Toronto Stock Exchange (the \"TSX\") preceding the signing of the parties' non-binding letter of intent onSeptember 1, 2021and a premium of 23% to the 10-day VWAP of the Alcanna Shares on the TSX preceding theSeptember 15, 2021press release regarding recent trading activity (unaffected date). The Transaction has been unanimously approved by the boards of directors of Sundial and Alcanna and is expected to close inDecember 2021or in the first quarter of 2022.","news_type":1},"isVote":1,"tweetType":1,"viewCount":699,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"posts","isTTM":false}