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2021-11-17

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Here Are The Winners of Metaverse Buzz

The buzz around the metaverse is taking the technology sector by storm. Chipmaker Nvidia Corp. and g

Here Are The Winners of Metaverse Buzz

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Between Nvidia, Roblox and the re-christened Meta Platforms Inc., that equates to a combined $230 billion. Nvidia has gained 18% in November and Roblox is up 38%.</p>\n<p>Metaverse -- digital worlds where users can socialize, play games and conduct business -- is a multi-trillion dollar opportunity, according to Epic Games Inc. Chief Executive Officer Tim Sweeney. Still, mass market adoption of virtual reality and augmented reality technologies will only occur when Apple Inc. joins the party, Morgan Stanley analysts have said.</p>\n<p>“The Metaverse is real -- but is emerging,” said Neil Campling, an analyst at Mirabaud Securities. “Some of most likely beneficiaries of metaverse gaming should be the platform companies and those with scale,” Campling said, citing the likes of Tencent Holdings Ltd. and Microsoft Corp.</p>\n<p>Morgan Stanley sees Meta Platforms and Roblox as among the obvious winners in a space that will likely take years to become mainstream, but for which the buzz is already loud and clear: Mentions of metaverse during third-quarter earnings calls surged for companies on the Bloomberg World Large &amp; Mid Cap Price Return Index, with the word popping up three times more than in the previous quarter.</p>\n<p>It’s not just a tech phenomenon. There’s a lot of chatter about styling digital avatars in social gaming with famous luxury brands. Indeed, a digital version of Gucci’s Dionysus bag sold on Roblox’s platform for about $4,115, well above the price of the physical item.</p>\n<p>Though the metaverse’s full market potential is years away, it’s already been a boon for some companies in the future ecosystem. Arista Networks Inc. and Seagate Technology Holdings Plc are among stocks that have soared this month amid optimism that the likes of Meta Platforms and Amazon will continue to spend on data center gear. Arista Networks has gained 29% in November and Seagate is up 16%.</p>\n<p>“Whatever the future looks like, it’s going to require accelerated computing,” said Jason Benowitz, senior portfolio manager with Roosevelt Investment Group. “We keep thinking of new and better ways to utilize data and we wind up with tremendous growth in data transmission, which drives that cohort of companies whether or not the metaverse comes to reality.”</p>\n<p>Tech Chart of the Day</p>\n<p>Top Tech Stories</p>\n<ul>\n <li><p>Elon Musk sold more Tesla Inc. shares, bringing him almost halfway to his promise to unload 10% of his stake</p></li>\n <li><p>Amazon.com said it will stop accepting payments using Visa credit cards issued in the U.K. starting next year</p></li>\n <li><p>Baidu Inc.’s third-quarter sales climbed 13% as growth in newer businesses such as the cloud helped offset a slowdown in its main internet advertising division</p></li>\n <li><p>Alibaba Group emerged as the frontrunner to take over Tsinghua Unigroup for $7.8 billion to help keep China’s indebted chip champion afloat</p></li>\n <li><p>Qualcomm Inc. gave an upbeat sales forecast, fueled by growth in new markets. The shares rose in premarket</p></li>\n <li><p>Google CEO Sundar Pichai sees the firm’s future in its oldest offering: internet search</p></li>\n</ul>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here Are The Winners of Metaverse Buzz</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are The Winners of Metaverse Buzz\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-17 21:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/winners-metaverse-buzz-122921019.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The buzz around the metaverse is taking the technology sector by storm.\nChipmaker Nvidia Corp. and gaming company Roblox Corp. are just two of the stocks to have surged since Facebook co-founder Mark ...</p>\n\n<a href=\"https://finance.yahoo.com/news/winners-metaverse-buzz-122921019.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NVDA":"英伟达"},"source_url":"https://finance.yahoo.com/news/winners-metaverse-buzz-122921019.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1158335202","content_text":"The buzz around the metaverse is taking the technology sector by storm.\nChipmaker Nvidia Corp. and gaming company Roblox Corp. are just two of the stocks to have surged since Facebook co-founder Mark Zuckerberg renamed his company to highlight a shift in focus to virtual reality.\nIn that brief three-week period, dozens of tech stocks have added hundreds of billions dollars in market capitalization. Between Nvidia, Roblox and the re-christened Meta Platforms Inc., that equates to a combined $230 billion. Nvidia has gained 18% in November and Roblox is up 38%.\nMetaverse -- digital worlds where users can socialize, play games and conduct business -- is a multi-trillion dollar opportunity, according to Epic Games Inc. Chief Executive Officer Tim Sweeney. Still, mass market adoption of virtual reality and augmented reality technologies will only occur when Apple Inc. joins the party, Morgan Stanley analysts have said.\n“The Metaverse is real -- but is emerging,” said Neil Campling, an analyst at Mirabaud Securities. “Some of most likely beneficiaries of metaverse gaming should be the platform companies and those with scale,” Campling said, citing the likes of Tencent Holdings Ltd. and Microsoft Corp.\nMorgan Stanley sees Meta Platforms and Roblox as among the obvious winners in a space that will likely take years to become mainstream, but for which the buzz is already loud and clear: Mentions of metaverse during third-quarter earnings calls surged for companies on the Bloomberg World Large & Mid Cap Price Return Index, with the word popping up three times more than in the previous quarter.\nIt’s not just a tech phenomenon. There’s a lot of chatter about styling digital avatars in social gaming with famous luxury brands. Indeed, a digital version of Gucci’s Dionysus bag sold on Roblox’s platform for about $4,115, well above the price of the physical item.\nThough the metaverse’s full market potential is years away, it’s already been a boon for some companies in the future ecosystem. Arista Networks Inc. and Seagate Technology Holdings Plc are among stocks that have soared this month amid optimism that the likes of Meta Platforms and Amazon will continue to spend on data center gear. Arista Networks has gained 29% in November and Seagate is up 16%.\n“Whatever the future looks like, it’s going to require accelerated computing,” said Jason Benowitz, senior portfolio manager with Roosevelt Investment Group. “We keep thinking of new and better ways to utilize data and we wind up with tremendous growth in data transmission, which drives that cohort of companies whether or not the metaverse comes to reality.”\nTech Chart of the Day\nTop Tech Stories\n\nElon Musk sold more Tesla Inc. shares, bringing him almost halfway to his promise to unload 10% of his stake\nAmazon.com said it will stop accepting payments using Visa credit cards issued in the U.K. starting next year\nBaidu Inc.’s third-quarter sales climbed 13% as growth in newer businesses such as the cloud helped offset a slowdown in its main internet advertising division\nAlibaba Group emerged as the frontrunner to take over Tsinghua Unigroup for $7.8 billion to help keep China’s indebted chip champion afloat\nQualcomm Inc. gave an upbeat sales forecast, fueled by growth in new markets. The shares rose in premarket\nGoogle CEO Sundar Pichai sees the firm’s future in its oldest offering: internet search","news_type":1},"isVote":1,"tweetType":1,"viewCount":575,"commentLimit":10,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"symbols":[],"verified":2,"subType":0,"readableState":1,"langContent":"CN","currentLanguage":"CN","warmUpFlag":false,"orderFlag":false,"shareable":true,"causeOfNotShareable":"","featuresForAnalytics":[],"commentAndTweetFlag":false,"upFlag":false,"length":19,"xxTargetLangEnum":"ZH_CN"},"commentList":[],"hasMoreComment":false,"orderType":2}

Here Are The Winners of Metaverse Buzz

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