BarleyIce personal page - To The Moon

BarleyIce

No personal profile

89Follow

7Followers

0Topic

0Badge

2021-09-13

Hehe

Sorry, the original content has been removed

2021-09-11

Hehehe

One Small Step From Apple Could Mean A Giant Leap For GlobalStar

2021-09-10

K

Here's Why Ziopharm Oncology Stock Is Up 18% This Week

2021-09-09

Hehe

Here's a safer way to invest in bitcoin and blockchain technology

2021-09-08

Hehe

El Salvador Becomes First Country to Adopt Bitcoin as National Currency

2021-09-07

Hehe

SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake

2021-09-06

Ok

Sorry, the original content has been removed

2021-09-03

Wah

Sphere 3D stock pulls back sharply after share, warrant offering

2021-09-02

Hehe

Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today

2021-09-01

Hehe

Greenlane and KushCo Complete Merger, Creating Leading Ancillary Cannabis Company and House of Brands

2021-08-31

Fomo!!!

2021-08-31

Hehe

Virgin Galactic Jumps as Jefferies Rates it Buy on Growing Demand

2021-08-30

Gg

Astra stock tumbled after company's weekend rocket launch failure

2021-08-27

Ok

3 Stocks Insiders Are Buying

2021-08-26

Hehehe

Why Snowflake Shares Are Trading Higher Today

2021-08-25

Kk

GameStop Stock Gained 27% on Tuesday. How Much Higher Can It Go?

2021-08-24

Ok

Tesla’s Musk Says FSD Actually Not That Great. Why He’s Actually Wrong.

2021-08-22

Ok

Sorry, the original content has been removed

2021-08-21

Kk

Buy the pullback in chip stocks — and focus on these 6 companies for the long haul

2021-08-17

Yo

Sorry, the original content has been removed

Go to Tiger App to see more news

Invest in Global Markets with Tiger Brokers!

Open App

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3562802954762393","uuid":"3562802954762393","gmtCreate":1599710232822,"gmtModify":1599710232822,"name":"BarleyIce","pinyin":"barleyice","introduction":"","introductionEn":"","signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":7,"headSize":89,"tweetSize":99,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2024.10.20","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.28","exceedPercentage":"80.42%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-3","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Legendary Trader","description":"Total number of securities or futures transactions reached 300","bigImgUrl":"https://static.tigerbbs.com/656db16598a0b8f21429e10d6c1cb033","smallImgUrl":"https://static.tigerbbs.com/03f10910d4dd9234f9b5702a3342193a","grayImgUrl":"https://static.tigerbbs.com/0c767e35268feb729d50d3fa9a386c5a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"93.18%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":2,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":888536349,"gmtCreate":1631505922681,"gmtModify":1676530560545,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888536349","repostId":"1108703048","repostType":4,"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582282988628365","authorId":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"authorIdStr":"3582282988628365","idStr":"3582282988628365"},"content":"HellO! Could yOu Kindly help To like my commeNt? Thank you!","text":"HellO! Could yOu Kindly help To like my commeNt? Thank you!","html":"HellO! Could yOu Kindly help To like my commeNt? Thank you!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881647484,"gmtCreate":1631335622948,"gmtModify":1676530532024,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehehe","listText":"Hehehe","text":"Hehehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881647484","repostId":"1127461097","repostType":4,"repost":{"id":"1127461097","kind":"news","pubTimestamp":1631324868,"share":"https://ttm.financial/m/news/1127461097?lang=&edition=full_marsco","pubTime":"2021-09-11 09:47","market":"us","language":"en","title":"One Small Step From Apple Could Mean A Giant Leap For GlobalStar","url":"https://stock-news.laohu8.com/highlight/detail?id=1127461097","media":"Seeking Alpha","summary":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>At first sight, Globalstar is just one more satellite communications play.</li>\n <li>Looking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.</li>\n <li>Being selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.</li>\n <li>Even without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.</li>\n <li>Valuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed6c50a6d200b5d8c35f4d14498600c9\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>metamorworks/iStock via Getty Images</span></p>\n<p>Globalstar's (GSAT) shares soared 40% on August 30 after a report by&nbsp;MacRumors&nbsp;which cited expert Apple (NASDAQ:AAPL) analyst&nbsp;Ming-Chi Kuo&nbsp;of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bd859c3544ffd37de25d5bc8dfe3166\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Soon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should&nbsp;allow users to issue crash reports or text messages in areas without cellular coverage.</p>\n<p>Now, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.</p>\n<p><b>Reasons for Apple to choose Globalstar</b></p>\n<p>For most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.</p>\n<p>To have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of&nbsp;97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.</p>\n<p>Therefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.</p>\n<p>This blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.</p>\n<p>For investors, the&nbsp;Snapdragon X65&nbsp;will be released in the fall of&nbsp;2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.</p>\n<p><b>Globalstar's differentiation</b></p>\n<p>Thus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.</p>\n<p>Now, satellite communications is a huge industry, estimated at $56.01 billion&nbsp;in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&amp;T (T).</p>\n<p>Here, GlobalStar seems to be having some key strengths with respect to peers.</p>\n<p>According to the company's website, its&nbsp;strategically&nbsp;placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.</p>\n<p>Pursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ab07af4d39eb03b1776e870748b773f\" tg-width=\"828\" tg-height=\"468\" width=\"100%\" height=\"auto\"><span>Source: globalstar.com</span></p>\n<p>Consequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than&nbsp;five billion mobile subscribers&nbsp;constantly move in and out of wireless coverage, representing a huge TAM.</p>\n<p>Bagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).</p>\n<p><b>The revenues</b></p>\n<p>Overall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.</p>\n<p>Looking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e8b74a670c927d2d84f1751cfd4a148\" tg-width=\"498\" tg-height=\"457\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>Interestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.</p>\n<p>Thinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at&nbsp;satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.</p>\n<p>As a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.</p>\n<p>A comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4be74c4a607fae52a664620ba3cf9d68\" tg-width=\"455\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Charts built through data from Seeking Alpha.</span></p>\n<p>Therefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.</p>\n<p>On the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.</p>\n<p>As of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional&nbsp;$37.5 million&nbsp;in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on&nbsp;June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had&nbsp;$313.4 million&nbsp;in long-term debt.</p>\n<p><b>Valuations and key takeaways</b></p>\n<p>As much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at&nbsp;10.1%&nbsp;from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.</p>\n<p>The company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.</p>\n<p>Furthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was&nbsp;-$0.01&nbsp;for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of&nbsp;20x. This signifies no buying opportunity based on fundamentals.</p>\n<p>The only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.</p>\n<p>This said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in&nbsp;high&nbsp;Price to Sales multiples of over 2000% with respect to the communications sector.</p>\n<p>Consequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event&nbsp;on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.</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>One Small Step From Apple Could Mean A Giant Leap For GlobalStar</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\">\nOne Small Step From Apple Could Mean A Giant Leap For GlobalStar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into...</p>\n\n<a href=\"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSAT":"全球星"},"source_url":"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127461097","content_text":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.\nBeing selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.\nEven without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.\nValuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.\n\nmetamorworks/iStock via Getty Images\nGlobalstar's (GSAT) shares soared 40% on August 30 after a report by MacRumors which cited expert Apple (NASDAQ:AAPL) analyst Ming-Chi Kuo of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.\nData by YCharts\nSoon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should allow users to issue crash reports or text messages in areas without cellular coverage.\nNow, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.\nReasons for Apple to choose Globalstar\nFor most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.\nTo have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of 97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.\nTherefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.\nThis blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.\nFor investors, the Snapdragon X65 will be released in the fall of 2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.\nGlobalstar's differentiation\nThus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.\nNow, satellite communications is a huge industry, estimated at $56.01 billion in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&T (T).\nHere, GlobalStar seems to be having some key strengths with respect to peers.\nAccording to the company's website, its strategically placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.\nPursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.\nSource: globalstar.com\nConsequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than five billion mobile subscribers constantly move in and out of wireless coverage, representing a huge TAM.\nBagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).\nThe revenues\nOverall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.\nLooking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.\nSource: Seeking Alpha\nInterestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.\nThinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.\nAs a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.\nA comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.\nSource: Charts built through data from Seeking Alpha.\nTherefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.\nOn the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.\nAs of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional $37.5 million in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had $313.4 million in long-term debt.\nValuations and key takeaways\nAs much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at 10.1% from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.\nThe company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.\nFurthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was -$0.01 for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of 20x. This signifies no buying opportunity based on fundamentals.\nThe only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.\nThis said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in high Price to Sales multiples of over 2000% with respect to the communications sector.\nConsequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881992754,"gmtCreate":1631284115778,"gmtModify":1676530519927,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881992754","repostId":"2166373377","repostType":4,"repost":{"id":"2166373377","kind":"highlight","pubTimestamp":1631280120,"share":"https://ttm.financial/m/news/2166373377?lang=&edition=full_marsco","pubTime":"2021-09-10 21:22","market":"us","language":"en","title":"Here's Why Ziopharm Oncology Stock Is Up 18% This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2166373377","media":"Motley Fool","summary":"Recent insider stock purchases were more than a little encouraging.","content":"<h3>What happened</h3>\n<p>Shares of <b>Ziopharm Oncology</b> (NASDAQ:ZIOP), jumped more than 30% on Tuesday. Shares of the clinical-stage biopharmaceutical company finished Thursday up around 18% from their closing price last Friday. While the company's been quiet, investors were highly encouraged by a handful of insider stock purchases.</p>\n<h3>So what</h3>\n<p>Last Friday afternoon, just before Labor Day weekend, Ziopharm disclosed to the Securities and Exchange Commission four direct stock purchases from company insiders. James Huang, a financier of several lucrative life-science ventures including <b>Legend Biotech</b>, raised his stake from a little over 8,000 shares to around 108,000 shares. One of the company's largest shareholders, Robert Postma, bought 75,000 shares pushing his total Ziopharm holdings past 5.45 million shares.</p>\n<p><img src=\"https://static.tigerbbs.com/69f71c7423aa8bf2a971e693ce4d0936\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>Image source: Getty Images.</p>\n<p>Kevin Boyle, who became CEO in August, wasn't <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the insiders who disclosed a big purchase on Sept. 3. That's probably because the company gave him 875,000 shares when he was appointed to the lead role on Aug. 30.</p>\n<h3>Now what</h3>\n<p>Insiders also happen to be people with bills to pay and luxuries to acquire. Investors need to remember that insider selling can mean lots of things that are mostly innocuous. Direct purchases like these, though, generally don't happen unless insiders expect the price to rise.</p>\n<p>At his former position as CEO of Kuur Therapeutics, Boyle led the company through a successful transformation that ended with a $185 million acquisition by <b>Athenex</b> this May.&nbsp;It looks like the board members who hired Boyle are confident about his ability to try Ziopharm around, too.</p>\n<p>The company's CD19-directed cellular therapy candidate started a trial in Taiwan this March, but it's on pause while the company refines its manufacturing process. With a clinical-stage pipeline collecting dust at the moment, Boyle has his work cut out for him.</p>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's Why Ziopharm Oncology Stock Is Up 18% This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's Why Ziopharm Oncology Stock Is Up 18% This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-10 21:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/09/10/heres-why-ziopharm-stock-is-up-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of Ziopharm Oncology (NASDAQ:ZIOP), jumped more than 30% on Tuesday. Shares of the clinical-stage biopharmaceutical company finished Thursday up around 18% from their closing ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/09/10/heres-why-ziopharm-stock-is-up-this-week/\">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://www.fool.com/investing/2021/09/10/heres-why-ziopharm-stock-is-up-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166373377","content_text":"What happened\nShares of Ziopharm Oncology (NASDAQ:ZIOP), jumped more than 30% on Tuesday. Shares of the clinical-stage biopharmaceutical company finished Thursday up around 18% from their closing price last Friday. While the company's been quiet, investors were highly encouraged by a handful of insider stock purchases.\nSo what\nLast Friday afternoon, just before Labor Day weekend, Ziopharm disclosed to the Securities and Exchange Commission four direct stock purchases from company insiders. James Huang, a financier of several lucrative life-science ventures including Legend Biotech, raised his stake from a little over 8,000 shares to around 108,000 shares. One of the company's largest shareholders, Robert Postma, bought 75,000 shares pushing his total Ziopharm holdings past 5.45 million shares.\n\nImage source: Getty Images.\nKevin Boyle, who became CEO in August, wasn't one of the insiders who disclosed a big purchase on Sept. 3. That's probably because the company gave him 875,000 shares when he was appointed to the lead role on Aug. 30.\nNow what\nInsiders also happen to be people with bills to pay and luxuries to acquire. Investors need to remember that insider selling can mean lots of things that are mostly innocuous. Direct purchases like these, though, generally don't happen unless insiders expect the price to rise.\nAt his former position as CEO of Kuur Therapeutics, Boyle led the company through a successful transformation that ended with a $185 million acquisition by Athenex this May. It looks like the board members who hired Boyle are confident about his ability to try Ziopharm around, too.\nThe company's CD19-directed cellular therapy candidate started a trial in Taiwan this March, but it's on pause while the company refines its manufacturing process. With a clinical-stage pipeline collecting dust at the moment, Boyle has his work cut out for him.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1070,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883323243,"gmtCreate":1631204135582,"gmtModify":1676530496978,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883323243","repostId":"2166349857","repostType":4,"repost":{"id":"2166349857","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631199360,"share":"https://ttm.financial/m/news/2166349857?lang=&edition=full_marsco","pubTime":"2021-09-09 22:56","market":"us","language":"en","title":"Here's a safer way to invest in bitcoin and blockchain technology","url":"https://stock-news.laohu8.com/highlight/detail?id=2166349857","media":"Dow Jones","summary":"Exchange traded funds enable you to tap into the hot asset category while lowering risk.\n\nBitcoin an","content":"<blockquote>\n <b>Exchange traded funds enable you to tap into the hot asset category while lowering risk.</b>\n</blockquote>\n<p>Bitcoin and other cryptocurrencies can be among the most volatile securities trading today.</p>\n<p>A safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds.</p>\n<p>The <a href=\"https://laohu8.com/S/BLOK\">Amplify Transformational Data Sharing ETF</a> BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 billion in assets and is actively managed. The second-biggest ETF in the space is the Siren Nasdaq NexGen Economy ETF BLCN, which is passively managed -- it follows an index -- and has $291 million in assets. Both ETFs were established on Jan. 17, 2018. There's more about each of them below.</p>\n<p><b>Digital currencies -- risks and rewards</b></p>\n<p>Before digging into the blockchain ETFs, consider the risks of bitcoin and other digital currencies beyond volatility. For example, if you hold bitcoin in a digital wallet, make sure you don't lose your password. One investor lost access to an account with 7,002 bitcoin in 2012, according to Yahoo Finance. That equates to more than $327 million, based on bitcoin's settled price of $46,777 on Sept. 7.</p>\n<p>There have also been difficulties for people who wish to trade cryptocurrencies on days of high volatility and reports of hacked accounts and poor customer service at Coinbase Global Inc. <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, with customers unable to recover lost bitcoin.</p>\n<p>Coinbase has said only 0.01% of its customers have been affected by \"account takeovers,\" and analysts covering Coinbase's stock are believers in the company. Among 24 analysts polled by FactSet, 16 rate the stock a \"buy\" or the equivalent. On Sept. 7, Needham analyst John Todaro initiated his coverage of Coinbase with a \"buy\" rating and wrote that the company \"has done a good job of offering new assets and new products in a regulatory compliant manner, and is well on its way to becoming a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-stop shop for crypto financial services.\"</p>\n<p><b>Blockchain ETFs</b></p>\n<p>Here's how the Amplify Transformational Data Sharing ETF <a href=\"https://laohu8.com/S/BLOK.UK\">$(BLOK.UK)$</a> and the Siren Nasdaq NexGen Economy ETF <a href=\"https://laohu8.com/S/BLCN\">$(BLCN)$</a> have performed since they were established, against the price of bitcoin itself, in U.S. dollars:</p>\n<p>Bitcoin has had the best performance on the chart, rising 322% since Jan. 17, 2018, with BLOK next, returning 159%, followed by BLCN, at 104%. Of course, we cannot predict the direction of bitcoin or other digital currencies, but the chart shows how much more volatile bitcoin has been than these ETFs.</p>\n<p>To further illustrate the volatility, check out this chart showing performance of the ETFs' first two years:</p>\n<p>Starting from Jan. 17, 2018, bitcoin was down as much as 71% through Dec. 14, 2018. For the complete two-year period, it was down 18%. Meanwhile, BLCN returned a positive 14% and BLOK was up 1%. The ETFs have been less volatile.</p>\n<p>Once again, here are total return comparisons for the two ETFs, bitcoin and, for reference, the SPDR S&amp;P 500 ETF Trust <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a> and the Invesco QQQ Trust <a href=\"https://laohu8.com/S/QQQ\">$(QQQ)$</a>, which tracks the Nasdaq-100 Index , for various periods:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Fund or index</td>\n   <td>Total return -- 2021 through Sept. 8</td>\n   <td>Total return 1 year</td>\n   <td>Total return -- 2 years</td>\n   <td>Total return -- 3 years</td>\n   <td>Total return -- Jan. 17, 2018, through Sept. 8, 2021</td>\n  </tr>\n  <tr>\n   <td>Amplify Transformational Data Sharing ETF BLOK</td>\n   <td>170%</td>\n   <td>113%</td>\n   <td>177%</td>\n   <td>164%</td>\n   <td>159%</td>\n  </tr>\n  <tr>\n   <td>Siren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN</td>\n   <td>88%</td>\n   <td>44%</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>104%</td>\n  </tr>\n  <tr>\n   <td>Bitcoin <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> Continuous</td>\n   <td>58%</td>\n   <td>365%</td>\n   <td>345%</td>\n   <td>628%</td>\n   <td>322%</td>\n  </tr>\n  <tr>\n   <td>SPDR S&amp;P 500 ETF Trust</td>\n   <td>44%</td>\n   <td>37%</td>\n   <td>57%</td>\n   <td>66%</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Invesco QQQ Trust</td>\n   <td>81%</td>\n   <td>42%</td>\n   <td>101%</td>\n   <td>115%</td>\n   <td>136%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>BLOK is rated four stars (out of five) by Morningstar, while BLCN has a three-star rating. Since it was established, BLOK has more than doubled the return of SPY, and has outperformed QQQ handily.</p>\n<p>Going back to the second chart, above, which emphasizes bitcoin's plunge in 2018, you can see that BLCN fared better than BLOK through that decline and for that two-year period.</p>\n<p>It may be good to consider how likely you would have been to wait out that difficult period while holding bitcoin. A broader investment in blockchain technology, with exposure to cryptocurrencies, may fit your risk tolerance better, while still giving exposure to this technological phenomenon.</p>\n<p><b>ETF portfolios</b></p>\n<p>During an interview, Amplify CEO Christian Magoon said he had decided to take an active approach with BLOK because of added flexibility.</p>\n<p>A passive approach to forming an index of companies exposed to blockchain might make use of algorithms for keyword searches in company filings for \"blockchain\" and related words, as a way to identify companies making use of the technology. But Magoon said BLOK's subadviser, Toroso Investments, will \"take extra steps to verify the actual blockchain-related activities of the companies we invest in.\"</p>\n<p>That can be important in a relatively new space with plenty of buzzwords. You might recall the story of <a href=\"https://laohu8.com/S/LTEA\">Long Island Iced Tea</a> Corp., which said in December 2017 that it would change its focus to investing in blockchain technology, while adopting the name Long Blockchain. That didn't turn out so well.</p>\n<p>BLOK typically holds about 45 stocks. Here are its 10 largest positions:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HUT\">Hut 8 Mining Corp</a>. CA:HUT.WTA</td>\n   <td>6.9%</td>\n   <td>$1,466</td>\n   <td>272%</td>\n  </tr>\n  <tr>\n   <td>MicroStrategy Inc. Class A MSTR</td>\n   <td>5.5%</td>\n   <td>$4,971</td>\n   <td>64%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a>. MARA</td>\n   <td>4.5%</td>\n   <td>$3,715</td>\n   <td>257%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. PYPL</td>\n   <td>4.5%</td>\n   <td>$335,154</td>\n   <td>22%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>4.4%</td>\n   <td>$101,225</td>\n   <td>17.%</td>\n  </tr>\n  <tr>\n   <td>Hive Blockchain Technologies Ltd. CA:HIVE</td>\n   <td>3.9%</td>\n   <td>$1,172</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Galaxy Digital Holdings Ltd. CA:GLXY</td>\n   <td>3.9%</td>\n   <td>$2,037</td>\n   <td>145%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>3.8%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>3.6%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BITF\">Bitfarms Ltd.</a> CA:BITF</td>\n   <td>3.6%</td>\n   <td>$993</td>\n   <td>201%</td>\n  </tr>\n  <tr>\n   <td>Sources: Amplify ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company. Here's a new guide to all the information available on the MarketWatch quote pages, which can start you off on your own research.</p>\n<p>It might be a surprise to see PayPal Holdings Inc. (PYPL) and Square Inc. <a href=\"https://laohu8.com/S/SQSP\">$(SQSP)$</a> in the portfolio, but both provide services allowing customers to buy and sell bitcoin.</p>\n<p>Magoon emphasized that the diversification of BLOK's portfolio lowered risk, but acknowledged that the ETF's performance is still closely correlated with bitcoin.</p>\n<p>Early this year, the Securities and Exchange Commission gave permission for BLOK to hold shares of the Grayscale Bitcoin Trust (GBTC), which has a market capitalization of $6.6 billion. It has been a popular way for investors and traders to \"play\" bitcoin indirectly. But it has its own risks, as its share price at times can rise to a very high premium over the trust's net asset value (the value of its investments at the end of the trading day divided by the number of shares). This means GBTC has an extra layer of volatility on top of bitcoin's price.</p>\n<p>According to Magoon, GBTC has traded at a premium as high as 70% over NAV, although recently it has traded below the NAV.</p>\n<p>This extra volatility led BLOK to completely sell out of its GBTC position, Magoon said. It now holds shares of Canadian exchange traded funds that invest in bitcoin. Magoon says those tend to trade close to NAV. An example of a Canadian bitcoin ETF held by block is the Purpose Bitcoin ETF .</p>\n<p>BCLN tends to have more holdings than BLOK -- 69 stocks at the end of the second quarter. It is also less concentrated. BLOK's 10 largest holdings make up 45% of the portfolio. For BLCN, the 10 largest account for 21%.</p>\n<p>Here are the 10 largest holdings of BCLN:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td>Huobi Technology Holdings Ltd. HK:1611</td>\n   <td>2.7%</td>\n   <td>$509</td>\n   <td>108%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>2.4%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Accenture <a href=\"https://laohu8.com/S/PLC\">PLC</a> Class A ACN</td>\n   <td>2.1%</td>\n   <td>$215,809</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>2.1%</td>\n   <td>$101,225</td>\n   <td>17%</td>\n  </tr>\n  <tr>\n   <td>Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">AMD</a></td>\n   <td>2.0%</td>\n   <td>$128,781</td>\n   <td>16%</td>\n  </tr>\n  <tr>\n   <td>Fujitsu Ltd. JP:6702</td>\n   <td>1.9%</td>\n   <td>$39,971</td>\n   <td>44%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>1.9%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Z Holdings Corp. JP:4689</td>\n   <td>1.9%</td>\n   <td>$50,552</td>\n   <td>18%</td>\n  </tr>\n  <tr>\n   <td>Marathon Digital Holdings Inc. MARA</td>\n   <td>1.9%</td>\n   <td>$3,715</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Nasdaq Inc. NDAQ</td>\n   <td>1.9%</td>\n   <td>$33,178</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>Sources: Siren ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Here's a safer way to invest in bitcoin and blockchain technology</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere's a safer way to invest in bitcoin and blockchain technology\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-09 22:56</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n <b>Exchange traded funds enable you to tap into the hot asset category while lowering risk.</b>\n</blockquote>\n<p>Bitcoin and other cryptocurrencies can be among the most volatile securities trading today.</p>\n<p>A safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds.</p>\n<p>The <a href=\"https://laohu8.com/S/BLOK\">Amplify Transformational Data Sharing ETF</a> BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 billion in assets and is actively managed. The second-biggest ETF in the space is the Siren Nasdaq NexGen Economy ETF BLCN, which is passively managed -- it follows an index -- and has $291 million in assets. Both ETFs were established on Jan. 17, 2018. There's more about each of them below.</p>\n<p><b>Digital currencies -- risks and rewards</b></p>\n<p>Before digging into the blockchain ETFs, consider the risks of bitcoin and other digital currencies beyond volatility. For example, if you hold bitcoin in a digital wallet, make sure you don't lose your password. One investor lost access to an account with 7,002 bitcoin in 2012, according to Yahoo Finance. That equates to more than $327 million, based on bitcoin's settled price of $46,777 on Sept. 7.</p>\n<p>There have also been difficulties for people who wish to trade cryptocurrencies on days of high volatility and reports of hacked accounts and poor customer service at Coinbase Global Inc. <a href=\"https://laohu8.com/S/COIN\">$(COIN)$</a>, with customers unable to recover lost bitcoin.</p>\n<p>Coinbase has said only 0.01% of its customers have been affected by \"account takeovers,\" and analysts covering Coinbase's stock are believers in the company. Among 24 analysts polled by FactSet, 16 rate the stock a \"buy\" or the equivalent. On Sept. 7, Needham analyst John Todaro initiated his coverage of Coinbase with a \"buy\" rating and wrote that the company \"has done a good job of offering new assets and new products in a regulatory compliant manner, and is well on its way to becoming a <a href=\"https://laohu8.com/S/AONE.U\">one</a>-stop shop for crypto financial services.\"</p>\n<p><b>Blockchain ETFs</b></p>\n<p>Here's how the Amplify Transformational Data Sharing ETF <a href=\"https://laohu8.com/S/BLOK.UK\">$(BLOK.UK)$</a> and the Siren Nasdaq NexGen Economy ETF <a href=\"https://laohu8.com/S/BLCN\">$(BLCN)$</a> have performed since they were established, against the price of bitcoin itself, in U.S. dollars:</p>\n<p>Bitcoin has had the best performance on the chart, rising 322% since Jan. 17, 2018, with BLOK next, returning 159%, followed by BLCN, at 104%. Of course, we cannot predict the direction of bitcoin or other digital currencies, but the chart shows how much more volatile bitcoin has been than these ETFs.</p>\n<p>To further illustrate the volatility, check out this chart showing performance of the ETFs' first two years:</p>\n<p>Starting from Jan. 17, 2018, bitcoin was down as much as 71% through Dec. 14, 2018. For the complete two-year period, it was down 18%. Meanwhile, BLCN returned a positive 14% and BLOK was up 1%. The ETFs have been less volatile.</p>\n<p>Once again, here are total return comparisons for the two ETFs, bitcoin and, for reference, the SPDR S&amp;P 500 ETF Trust <a href=\"https://laohu8.com/S/SPY.AU\">$(SPY.AU)$</a> and the Invesco QQQ Trust <a href=\"https://laohu8.com/S/QQQ\">$(QQQ)$</a>, which tracks the Nasdaq-100 Index , for various periods:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Fund or index</td>\n   <td>Total return -- 2021 through Sept. 8</td>\n   <td>Total return 1 year</td>\n   <td>Total return -- 2 years</td>\n   <td>Total return -- 3 years</td>\n   <td>Total return -- Jan. 17, 2018, through Sept. 8, 2021</td>\n  </tr>\n  <tr>\n   <td>Amplify Transformational Data Sharing ETF BLOK</td>\n   <td>170%</td>\n   <td>113%</td>\n   <td>177%</td>\n   <td>164%</td>\n   <td>159%</td>\n  </tr>\n  <tr>\n   <td>Siren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN</td>\n   <td>88%</td>\n   <td>44%</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>104%</td>\n  </tr>\n  <tr>\n   <td>Bitcoin <a href=\"https://laohu8.com/S/CME\">$(CME)$</a> Continuous</td>\n   <td>58%</td>\n   <td>365%</td>\n   <td>345%</td>\n   <td>628%</td>\n   <td>322%</td>\n  </tr>\n  <tr>\n   <td>SPDR S&amp;P 500 ETF Trust</td>\n   <td>44%</td>\n   <td>37%</td>\n   <td>57%</td>\n   <td>66%</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Invesco QQQ Trust</td>\n   <td>81%</td>\n   <td>42%</td>\n   <td>101%</td>\n   <td>115%</td>\n   <td>136%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>BLOK is rated four stars (out of five) by Morningstar, while BLCN has a three-star rating. Since it was established, BLOK has more than doubled the return of SPY, and has outperformed QQQ handily.</p>\n<p>Going back to the second chart, above, which emphasizes bitcoin's plunge in 2018, you can see that BLCN fared better than BLOK through that decline and for that two-year period.</p>\n<p>It may be good to consider how likely you would have been to wait out that difficult period while holding bitcoin. A broader investment in blockchain technology, with exposure to cryptocurrencies, may fit your risk tolerance better, while still giving exposure to this technological phenomenon.</p>\n<p><b>ETF portfolios</b></p>\n<p>During an interview, Amplify CEO Christian Magoon said he had decided to take an active approach with BLOK because of added flexibility.</p>\n<p>A passive approach to forming an index of companies exposed to blockchain might make use of algorithms for keyword searches in company filings for \"blockchain\" and related words, as a way to identify companies making use of the technology. But Magoon said BLOK's subadviser, Toroso Investments, will \"take extra steps to verify the actual blockchain-related activities of the companies we invest in.\"</p>\n<p>That can be important in a relatively new space with plenty of buzzwords. You might recall the story of <a href=\"https://laohu8.com/S/LTEA\">Long Island Iced Tea</a> Corp., which said in December 2017 that it would change its focus to investing in blockchain technology, while adopting the name Long Blockchain. That didn't turn out so well.</p>\n<p>BLOK typically holds about 45 stocks. Here are its 10 largest positions:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/HUT\">Hut 8 Mining Corp</a>. CA:HUT.WTA</td>\n   <td>6.9%</td>\n   <td>$1,466</td>\n   <td>272%</td>\n  </tr>\n  <tr>\n   <td>MicroStrategy Inc. Class A MSTR</td>\n   <td>5.5%</td>\n   <td>$4,971</td>\n   <td>64%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a>. MARA</td>\n   <td>4.5%</td>\n   <td>$3,715</td>\n   <td>257%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> Holdings Inc. PYPL</td>\n   <td>4.5%</td>\n   <td>$335,154</td>\n   <td>22%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>4.4%</td>\n   <td>$101,225</td>\n   <td>17.%</td>\n  </tr>\n  <tr>\n   <td>Hive Blockchain Technologies Ltd. CA:HIVE</td>\n   <td>3.9%</td>\n   <td>$1,172</td>\n   <td>72%</td>\n  </tr>\n  <tr>\n   <td>Galaxy Digital Holdings Ltd. CA:GLXY</td>\n   <td>3.9%</td>\n   <td>$2,037</td>\n   <td>145%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>3.8%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>3.6%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/BITF\">Bitfarms Ltd.</a> CA:BITF</td>\n   <td>3.6%</td>\n   <td>$993</td>\n   <td>201%</td>\n  </tr>\n  <tr>\n   <td>Sources: Amplify ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company. Here's a new guide to all the information available on the MarketWatch quote pages, which can start you off on your own research.</p>\n<p>It might be a surprise to see PayPal Holdings Inc. (PYPL) and Square Inc. <a href=\"https://laohu8.com/S/SQSP\">$(SQSP)$</a> in the portfolio, but both provide services allowing customers to buy and sell bitcoin.</p>\n<p>Magoon emphasized that the diversification of BLOK's portfolio lowered risk, but acknowledged that the ETF's performance is still closely correlated with bitcoin.</p>\n<p>Early this year, the Securities and Exchange Commission gave permission for BLOK to hold shares of the Grayscale Bitcoin Trust (GBTC), which has a market capitalization of $6.6 billion. It has been a popular way for investors and traders to \"play\" bitcoin indirectly. But it has its own risks, as its share price at times can rise to a very high premium over the trust's net asset value (the value of its investments at the end of the trading day divided by the number of shares). This means GBTC has an extra layer of volatility on top of bitcoin's price.</p>\n<p>According to Magoon, GBTC has traded at a premium as high as 70% over NAV, although recently it has traded below the NAV.</p>\n<p>This extra volatility led BLOK to completely sell out of its GBTC position, Magoon said. It now holds shares of Canadian exchange traded funds that invest in bitcoin. Magoon says those tend to trade close to NAV. An example of a Canadian bitcoin ETF held by block is the Purpose Bitcoin ETF .</p>\n<p>BCLN tends to have more holdings than BLOK -- 69 stocks at the end of the second quarter. It is also less concentrated. BLOK's 10 largest holdings make up 45% of the portfolio. For BLCN, the 10 largest account for 21%.</p>\n<p>Here are the 10 largest holdings of BCLN:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share of portfolio</td>\n   <td>Market cap ($mil, U.S.)</td>\n   <td>Total return -- 2021</td>\n  </tr>\n  <tr>\n   <td>Huobi Technology Holdings Ltd. HK:1611</td>\n   <td>2.7%</td>\n   <td>$509</td>\n   <td>108%</td>\n  </tr>\n  <tr>\n   <td>Coinbase Global Inc. Class A COIN</td>\n   <td>2.4%</td>\n   <td>$38,980</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Accenture <a href=\"https://laohu8.com/S/PLC\">PLC</a> Class A ACN</td>\n   <td>2.1%</td>\n   <td>$215,809</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>Square Inc. Class A SQ</td>\n   <td>2.1%</td>\n   <td>$101,225</td>\n   <td>17%</td>\n  </tr>\n  <tr>\n   <td>Advanced Micro Devices Inc. <a href=\"https://laohu8.com/S/AMD\">AMD</a></td>\n   <td>2.0%</td>\n   <td>$128,781</td>\n   <td>16%</td>\n  </tr>\n  <tr>\n   <td>Fujitsu Ltd. JP:6702</td>\n   <td>1.9%</td>\n   <td>$39,971</td>\n   <td>44%</td>\n  </tr>\n  <tr>\n   <td>Nvidia Corp. NVDA</td>\n   <td>1.9%</td>\n   <td>$556,688</td>\n   <td>71%</td>\n  </tr>\n  <tr>\n   <td>Z Holdings Corp. JP:4689</td>\n   <td>1.9%</td>\n   <td>$50,552</td>\n   <td>18%</td>\n  </tr>\n  <tr>\n   <td>Marathon Digital Holdings Inc. MARA</td>\n   <td>1.9%</td>\n   <td>$3,715</td>\n   <td>N/A</td>\n  </tr>\n  <tr>\n   <td>Nasdaq Inc. NDAQ</td>\n   <td>1.9%</td>\n   <td>$33,178</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>Sources: Siren ETFs, FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TERN":"Terns Pharmaceuticals, Inc.","BLOK":"Amplify Transformational Data Sharing ETF","CRCT":"Cricut, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2166349857","content_text":"Exchange traded funds enable you to tap into the hot asset category while lowering risk.\n\nBitcoin and other cryptocurrencies can be among the most volatile securities trading today.\nA safer way to invest in cryptos and blockchain-technology companies is through exchange traded funds.\nThe Amplify Transformational Data Sharing ETF BLOK is, by far, the largest ETF focused on cryptocurrencies and companies that use or develop blockchain technology. It has $1.3 billion in assets and is actively managed. The second-biggest ETF in the space is the Siren Nasdaq NexGen Economy ETF BLCN, which is passively managed -- it follows an index -- and has $291 million in assets. Both ETFs were established on Jan. 17, 2018. There's more about each of them below.\nDigital currencies -- risks and rewards\nBefore digging into the blockchain ETFs, consider the risks of bitcoin and other digital currencies beyond volatility. For example, if you hold bitcoin in a digital wallet, make sure you don't lose your password. One investor lost access to an account with 7,002 bitcoin in 2012, according to Yahoo Finance. That equates to more than $327 million, based on bitcoin's settled price of $46,777 on Sept. 7.\nThere have also been difficulties for people who wish to trade cryptocurrencies on days of high volatility and reports of hacked accounts and poor customer service at Coinbase Global Inc. $(COIN)$, with customers unable to recover lost bitcoin.\nCoinbase has said only 0.01% of its customers have been affected by \"account takeovers,\" and analysts covering Coinbase's stock are believers in the company. Among 24 analysts polled by FactSet, 16 rate the stock a \"buy\" or the equivalent. On Sept. 7, Needham analyst John Todaro initiated his coverage of Coinbase with a \"buy\" rating and wrote that the company \"has done a good job of offering new assets and new products in a regulatory compliant manner, and is well on its way to becoming a one-stop shop for crypto financial services.\"\nBlockchain ETFs\nHere's how the Amplify Transformational Data Sharing ETF $(BLOK.UK)$ and the Siren Nasdaq NexGen Economy ETF $(BLCN)$ have performed since they were established, against the price of bitcoin itself, in U.S. dollars:\nBitcoin has had the best performance on the chart, rising 322% since Jan. 17, 2018, with BLOK next, returning 159%, followed by BLCN, at 104%. Of course, we cannot predict the direction of bitcoin or other digital currencies, but the chart shows how much more volatile bitcoin has been than these ETFs.\nTo further illustrate the volatility, check out this chart showing performance of the ETFs' first two years:\nStarting from Jan. 17, 2018, bitcoin was down as much as 71% through Dec. 14, 2018. For the complete two-year period, it was down 18%. Meanwhile, BLCN returned a positive 14% and BLOK was up 1%. The ETFs have been less volatile.\nOnce again, here are total return comparisons for the two ETFs, bitcoin and, for reference, the SPDR S&P 500 ETF Trust $(SPY.AU)$ and the Invesco QQQ Trust $(QQQ)$, which tracks the Nasdaq-100 Index , for various periods:\n\n\n\nFund or index\nTotal return -- 2021 through Sept. 8\nTotal return 1 year\nTotal return -- 2 years\nTotal return -- 3 years\nTotal return -- Jan. 17, 2018, through Sept. 8, 2021\n\n\nAmplify Transformational Data Sharing ETF BLOK\n170%\n113%\n177%\n164%\n159%\n\n\nSiren ETF Trust Siren Nasdaq NexGen Economy ETF BLCN\n88%\n44%\n106%\n113%\n104%\n\n\nBitcoin $(CME)$ Continuous\n58%\n365%\n345%\n628%\n322%\n\n\nSPDR S&P 500 ETF Trust\n44%\n37%\n57%\n66%\n72%\n\n\nInvesco QQQ Trust\n81%\n42%\n101%\n115%\n136%\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\nBLOK is rated four stars (out of five) by Morningstar, while BLCN has a three-star rating. Since it was established, BLOK has more than doubled the return of SPY, and has outperformed QQQ handily.\nGoing back to the second chart, above, which emphasizes bitcoin's plunge in 2018, you can see that BLCN fared better than BLOK through that decline and for that two-year period.\nIt may be good to consider how likely you would have been to wait out that difficult period while holding bitcoin. A broader investment in blockchain technology, with exposure to cryptocurrencies, may fit your risk tolerance better, while still giving exposure to this technological phenomenon.\nETF portfolios\nDuring an interview, Amplify CEO Christian Magoon said he had decided to take an active approach with BLOK because of added flexibility.\nA passive approach to forming an index of companies exposed to blockchain might make use of algorithms for keyword searches in company filings for \"blockchain\" and related words, as a way to identify companies making use of the technology. But Magoon said BLOK's subadviser, Toroso Investments, will \"take extra steps to verify the actual blockchain-related activities of the companies we invest in.\"\nThat can be important in a relatively new space with plenty of buzzwords. You might recall the story of Long Island Iced Tea Corp., which said in December 2017 that it would change its focus to investing in blockchain technology, while adopting the name Long Blockchain. That didn't turn out so well.\nBLOK typically holds about 45 stocks. Here are its 10 largest positions:\n\n\n\nCompany\nShare of portfolio\nMarket cap ($mil, U.S.)\nTotal return -- 2021\n\n\nHut 8 Mining Corp. CA:HUT.WTA\n6.9%\n$1,466\n272%\n\n\nMicroStrategy Inc. Class A MSTR\n5.5%\n$4,971\n64%\n\n\nMarathon Digital Holdings Inc. MARA\n4.5%\n$3,715\n257%\n\n\nPayPal Holdings Inc. PYPL\n4.5%\n$335,154\n22%\n\n\nSquare Inc. Class A SQ\n4.4%\n$101,225\n17.%\n\n\nHive Blockchain Technologies Ltd. CA:HIVE\n3.9%\n$1,172\n72%\n\n\nGalaxy Digital Holdings Ltd. CA:GLXY\n3.9%\n$2,037\n145%\n\n\nNvidia Corp. NVDA\n3.8%\n$556,688\n71%\n\n\nCoinbase Global Inc. Class A COIN\n3.6%\n$38,980\nN/A\n\n\nBitfarms Ltd. CA:BITF\n3.6%\n$993\n201%\n\n\nSources: Amplify ETFs, FactSet\n\n\n\n\n\n\nClick on the tickers for more about each company. Here's a new guide to all the information available on the MarketWatch quote pages, which can start you off on your own research.\nIt might be a surprise to see PayPal Holdings Inc. (PYPL) and Square Inc. $(SQSP)$ in the portfolio, but both provide services allowing customers to buy and sell bitcoin.\nMagoon emphasized that the diversification of BLOK's portfolio lowered risk, but acknowledged that the ETF's performance is still closely correlated with bitcoin.\nEarly this year, the Securities and Exchange Commission gave permission for BLOK to hold shares of the Grayscale Bitcoin Trust (GBTC), which has a market capitalization of $6.6 billion. It has been a popular way for investors and traders to \"play\" bitcoin indirectly. But it has its own risks, as its share price at times can rise to a very high premium over the trust's net asset value (the value of its investments at the end of the trading day divided by the number of shares). This means GBTC has an extra layer of volatility on top of bitcoin's price.\nAccording to Magoon, GBTC has traded at a premium as high as 70% over NAV, although recently it has traded below the NAV.\nThis extra volatility led BLOK to completely sell out of its GBTC position, Magoon said. It now holds shares of Canadian exchange traded funds that invest in bitcoin. Magoon says those tend to trade close to NAV. An example of a Canadian bitcoin ETF held by block is the Purpose Bitcoin ETF .\nBCLN tends to have more holdings than BLOK -- 69 stocks at the end of the second quarter. It is also less concentrated. BLOK's 10 largest holdings make up 45% of the portfolio. For BLCN, the 10 largest account for 21%.\nHere are the 10 largest holdings of BCLN:\n\n\n\nCompany\nShare of portfolio\nMarket cap ($mil, U.S.)\nTotal return -- 2021\n\n\nHuobi Technology Holdings Ltd. HK:1611\n2.7%\n$509\n108%\n\n\nCoinbase Global Inc. Class A COIN\n2.4%\n$38,980\nN/A\n\n\nAccenture PLC Class A ACN\n2.1%\n$215,809\n32%\n\n\nSquare Inc. Class A SQ\n2.1%\n$101,225\n17%\n\n\nAdvanced Micro Devices Inc. AMD\n2.0%\n$128,781\n16%\n\n\nFujitsu Ltd. JP:6702\n1.9%\n$39,971\n44%\n\n\nNvidia Corp. NVDA\n1.9%\n$556,688\n71%\n\n\nZ Holdings Corp. JP:4689\n1.9%\n$50,552\n18%\n\n\nMarathon Digital Holdings Inc. MARA\n1.9%\n$3,715\nN/A\n\n\nNasdaq Inc. NDAQ\n1.9%\n$33,178\n50%\n\n\nSources: Siren ETFs, FactSet","news_type":1},"isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880424843,"gmtCreate":1631074570682,"gmtModify":1676530460402,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/880424843","repostId":"1198049367","repostType":4,"repost":{"id":"1198049367","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631070960,"share":"https://ttm.financial/m/news/1198049367?lang=&edition=full_marsco","pubTime":"2021-09-08 11:16","market":"fut","language":"en","title":"El Salvador Becomes First Country to Adopt Bitcoin as National Currency","url":"https://stock-news.laohu8.com/highlight/detail?id=1198049367","media":"Tiger Newspress","summary":"Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Sa","content":"<p>Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national&nbsp;currency, but also took a series of measures to ensure that Bitcoin began to be used in the&nbsp;country:</p>\n<p>1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.</p>\n<p>2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.</p>\n<p>3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.</p>\n<p>There are many inspirations from this incident.</p>\n<p><b>1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.</b>Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.</p>\n<p><img src=\"https://static.tigerbbs.com/0f8b827ccde8b38d2f4957addc2076aa\" tg-width=\"326\" tg-height=\"160\" referrerpolicy=\"no-referrer\"></p>\n<p><b>2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?</b>El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.</p>\n<p><b>3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.</b>Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.</p>\n<p>The key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.</p>\n<p>In a word, bitcoin is more like gold than currency.</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>El Salvador Becomes First Country to Adopt Bitcoin as National Currency</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\">\nEl Salvador Becomes First Country to Adopt Bitcoin as National Currency\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\">2021-09-08 11:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national&nbsp;currency, but also took a series of measures to ensure that Bitcoin began to be used in the&nbsp;country:</p>\n<p>1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.</p>\n<p>2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.</p>\n<p>3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.</p>\n<p>There are many inspirations from this incident.</p>\n<p><b>1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.</b>Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.</p>\n<p><img src=\"https://static.tigerbbs.com/0f8b827ccde8b38d2f4957addc2076aa\" tg-width=\"326\" tg-height=\"160\" referrerpolicy=\"no-referrer\"></p>\n<p><b>2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?</b>El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.</p>\n<p><b>3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.</b>Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.</p>\n<p>The key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.</p>\n<p>In a word, bitcoin is more like gold than currency.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198049367","content_text":"Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national currency, but also took a series of measures to ensure that Bitcoin began to be used in the country:\n1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.\n2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.\n3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.\nThere are many inspirations from this incident.\n1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.\n\n2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.\n3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.\nThe key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.\nIn a word, bitcoin is more like gold than currency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880372105,"gmtCreate":1631023003207,"gmtModify":1676530445420,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880372105","repostId":"1147326043","repostType":4,"repost":{"id":"1147326043","kind":"news","pubTimestamp":1631021905,"share":"https://ttm.financial/m/news/1147326043?lang=&edition=full_marsco","pubTime":"2021-09-07 21:38","market":"us","language":"en","title":"SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1147326043","media":"zerohedge","summary":"SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will f","content":"<p><b>SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom,</b>&nbsp;which will fork over billions in cash and a 4.5% stake in DT,<b>a package valued at roughly $7 billion.</b></p>\n<p>In a separate deal announced Monday, DT sold its Dutch business (named T-Mobile Netherlands) to a consortium of private equity buyers - the latest in a string of major deals in Europe - for $6.1 billion, giving the heavily leveraged German telecoms giant some badly needed cash.</p>\n<p>For SoftBank, the DT has always been a potential life raft, since CEO Tim Hoettges has made his desire to acquire full control of T-Mobile US - a $170 billion business that would give the German firm control of one of the major US networks - well known. Once completed, Monday's deal will bring DT's ownership of T-Mobile<b>to within a hair's breadth of 50%, increasing it by 5.3% to 48.4%.</b></p>\n<p>The complicated transaction involves DT exercising call options granted to it by SoftBank back in June 2020, while also reinvesting the cash from its sale of T-Mobile Netherlands. SoftBank Group will receive 225MM new Deutsche Telekom shares and some cash in exchange for Deutsche Telekom getting a total of 65MM T-Mobile US shares.<b>The options will enable DT to lock in an average price of $109, below last week's closing price of $136.</b>T-Mobile's shares have been the best-performing of the major carriers in the US over the past five years. At the price of $23.70 a share, SoftBank is paying a 12% premium to DT's last closing price for shares it has agreed to hold until at least 2024.</p>\n<p>Marcel Claure, SoftBank's lead executive on the deal, explained that dumping practically all of its \"residual\" T-Mobile stake will allow SoftBank to trade an investment whose value was largely capped (by the options it had granted to DT) in exchange for a stake in a fast-growing telecoms giant with a footprint in 12 European countries and a growing footprint in the US.</p>\n<p>Claure will also gain a seat on DT's board after the firm's next annual meeting.</p>\n<blockquote>\n \"I'm a big believer that Deutsche Telekom stock has material upside,\" Claure told a news briefing. He also highlighted the possibility of a collaboration in the area of digital payments, which SoftBank has a major footprint.\n</blockquote>\n<p>In a statement, DT CEO Hoettges said he was \"welcoming\" SoftBank as a \"strategic partner\".</p>\n<blockquote>\n \"This is a very attractive transaction for Deutsche Telekom and its shareholders to further benefit from the value creation potential in T-Mobile US and beyond,\" Hoettges said.\n</blockquote>\n<blockquote>\n \"But we are not just increasing our stake in T-Mobile US – we are welcoming SoftBank as a new key investor and strategic partner for Deutsche Telekom.\"\n</blockquote>\n<p>SoftBank shares surged in more than 9% in premarket trading on Tuesday, while shares of DT edged slightly higher.</p>\n<p>At least one analyst weighing in on the deal noted that forking over shares was a novel strategy for DT as it seeks to gain control of T-Mobile US.</p>\n<blockquote>\n Jefferies analyst Ulrich Rathe said increasing the T-Mobile US stake “had been stated management strategy”, but that “using Deutsche Telekom shares for that purpose comes as a surprise”.\n</blockquote>\n<p>After these last few months, the deal was a badly needed win for SoftBank and its shareholders. The best thing now for the Japanese telco conglomerate with a VC arm attached would be to focus on closing its next big deal: selling chip maker Arm to Nvidia. Masahiko Ishino, an analyst at Tokai Tokyo Research Institute, said<b>\"the best thing for [SoftBank's] stock would be for the planned sale of Arm to Nvidia to make progress\".</b></p>\n<p><img src=\"https://static.tigerbbs.com/12b73df5cdfb1698daa238f55ffa3af1\" tg-width=\"1123\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></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>SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake</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\">\nSoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/technology/softbank-soars-after-striking-deal-deutsche-telekom-badly-needed-cash-shares-exchange-t?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will fork over billions in cash and a 4.5% stake in DT,a package valued at roughly $7 billion.\nIn a ...</p>\n\n<a href=\"https://www.zerohedge.com/technology/softbank-soars-after-striking-deal-deutsche-telekom-badly-needed-cash-shares-exchange-t?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SFTBY":"软银集团"},"source_url":"https://www.zerohedge.com/technology/softbank-soars-after-striking-deal-deutsche-telekom-badly-needed-cash-shares-exchange-t?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147326043","content_text":"SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will fork over billions in cash and a 4.5% stake in DT,a package valued at roughly $7 billion.\nIn a separate deal announced Monday, DT sold its Dutch business (named T-Mobile Netherlands) to a consortium of private equity buyers - the latest in a string of major deals in Europe - for $6.1 billion, giving the heavily leveraged German telecoms giant some badly needed cash.\nFor SoftBank, the DT has always been a potential life raft, since CEO Tim Hoettges has made his desire to acquire full control of T-Mobile US - a $170 billion business that would give the German firm control of one of the major US networks - well known. Once completed, Monday's deal will bring DT's ownership of T-Mobileto within a hair's breadth of 50%, increasing it by 5.3% to 48.4%.\nThe complicated transaction involves DT exercising call options granted to it by SoftBank back in June 2020, while also reinvesting the cash from its sale of T-Mobile Netherlands. SoftBank Group will receive 225MM new Deutsche Telekom shares and some cash in exchange for Deutsche Telekom getting a total of 65MM T-Mobile US shares.The options will enable DT to lock in an average price of $109, below last week's closing price of $136.T-Mobile's shares have been the best-performing of the major carriers in the US over the past five years. At the price of $23.70 a share, SoftBank is paying a 12% premium to DT's last closing price for shares it has agreed to hold until at least 2024.\nMarcel Claure, SoftBank's lead executive on the deal, explained that dumping practically all of its \"residual\" T-Mobile stake will allow SoftBank to trade an investment whose value was largely capped (by the options it had granted to DT) in exchange for a stake in a fast-growing telecoms giant with a footprint in 12 European countries and a growing footprint in the US.\nClaure will also gain a seat on DT's board after the firm's next annual meeting.\n\n \"I'm a big believer that Deutsche Telekom stock has material upside,\" Claure told a news briefing. He also highlighted the possibility of a collaboration in the area of digital payments, which SoftBank has a major footprint.\n\nIn a statement, DT CEO Hoettges said he was \"welcoming\" SoftBank as a \"strategic partner\".\n\n \"This is a very attractive transaction for Deutsche Telekom and its shareholders to further benefit from the value creation potential in T-Mobile US and beyond,\" Hoettges said.\n\n\n \"But we are not just increasing our stake in T-Mobile US – we are welcoming SoftBank as a new key investor and strategic partner for Deutsche Telekom.\"\n\nSoftBank shares surged in more than 9% in premarket trading on Tuesday, while shares of DT edged slightly higher.\nAt least one analyst weighing in on the deal noted that forking over shares was a novel strategy for DT as it seeks to gain control of T-Mobile US.\n\n Jefferies analyst Ulrich Rathe said increasing the T-Mobile US stake “had been stated management strategy”, but that “using Deutsche Telekom shares for that purpose comes as a surprise”.\n\nAfter these last few months, the deal was a badly needed win for SoftBank and its shareholders. The best thing now for the Japanese telco conglomerate with a VC arm attached would be to focus on closing its next big deal: selling chip maker Arm to Nvidia. Masahiko Ishino, an analyst at Tokai Tokyo Research Institute, said\"the best thing for [SoftBank's] stock would be for the planned sale of Arm to Nvidia to make progress\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":1268,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817868229,"gmtCreate":1630932409761,"gmtModify":1676530423328,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/817868229","repostId":"1104055488","repostType":4,"isVote":1,"tweetType":1,"viewCount":805,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815268910,"gmtCreate":1630681238930,"gmtModify":1676530375908,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/815268910","repostId":"2164877371","repostType":4,"repost":{"id":"2164877371","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1630678740,"share":"https://ttm.financial/m/news/2164877371?lang=&edition=full_marsco","pubTime":"2021-09-03 22:19","market":"us","language":"en","title":"Sphere 3D stock pulls back sharply after share, warrant offering","url":"https://stock-news.laohu8.com/highlight/detail?id=2164877371","media":"Dow Jones","summary":"MW Sphere 3D stock pulls back sharply after share, warrant offering\nShares of Sphere 3D Corp. tumble","content":"<p>MW Sphere 3D stock pulls back sharply after&nbsp;share, warrant offering</p>\n<p>Shares of <a href=\"https://laohu8.com/S/ANY\">Sphere 3D Corp</a>.&nbsp;tumbled 26.6% on heavy volume of 35.4 million shares in morning trading Friday, to pull back from a 3 1/2-year high, after the computing, storage and networking technologies company announced the pricing of a $192.1 million direct offering of common stock and warrants. The company said before the opening bell that the offering to institutional investors to buy <a href=\"https://laohu8.com/S/AONE.U\">one</a> common share and one-half warrant to buy one common share priced at $8.50 each. The company said it will use the proceeds of the offering in part to fund the previously announced purchase of bitcoin mining machines. The offering takes advantage of the stock's recent rally. It soared 41.8% on Thursday to the highest close since March 2018, and had blasted 173.3% higher since the announcing of the purchase of bitcoin mining machines through Thursday. It has now rallied 382.5% year to date, while bitcoin has climbed 75.0% and the S&amp;P 500 has gained 20.7%.</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>Sphere 3D stock pulls back sharply after share, warrant offering</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\">\nSphere 3D stock pulls back sharply after share, warrant offering\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-03 22:19</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>MW Sphere 3D stock pulls back sharply after&nbsp;share, warrant offering</p>\n<p>Shares of <a href=\"https://laohu8.com/S/ANY\">Sphere 3D Corp</a>.&nbsp;tumbled 26.6% on heavy volume of 35.4 million shares in morning trading Friday, to pull back from a 3 1/2-year high, after the computing, storage and networking technologies company announced the pricing of a $192.1 million direct offering of common stock and warrants. The company said before the opening bell that the offering to institutional investors to buy <a href=\"https://laohu8.com/S/AONE.U\">one</a> common share and one-half warrant to buy one common share priced at $8.50 each. The company said it will use the proceeds of the offering in part to fund the previously announced purchase of bitcoin mining machines. The offering takes advantage of the stock's recent rally. It soared 41.8% on Thursday to the highest close since March 2018, and had blasted 173.3% higher since the announcing of the purchase of bitcoin mining machines through Thursday. It has now rallied 382.5% year to date, while bitcoin has climbed 75.0% and the S&amp;P 500 has gained 20.7%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ANY":"Sphere 3D Corp"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164877371","content_text":"MW Sphere 3D stock pulls back sharply after share, warrant offering\nShares of Sphere 3D Corp. tumbled 26.6% on heavy volume of 35.4 million shares in morning trading Friday, to pull back from a 3 1/2-year high, after the computing, storage and networking technologies company announced the pricing of a $192.1 million direct offering of common stock and warrants. The company said before the opening bell that the offering to institutional investors to buy one common share and one-half warrant to buy one common share priced at $8.50 each. The company said it will use the proceeds of the offering in part to fund the previously announced purchase of bitcoin mining machines. The offering takes advantage of the stock's recent rally. It soared 41.8% on Thursday to the highest close since March 2018, and had blasted 173.3% higher since the announcing of the purchase of bitcoin mining machines through Thursday. It has now rallied 382.5% year to date, while bitcoin has climbed 75.0% and the S&P 500 has gained 20.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1348,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812562344,"gmtCreate":1630595201988,"gmtModify":1676530352487,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/812562344","repostId":"2164282866","repostType":4,"repost":{"id":"2164282866","kind":"news","pubTimestamp":1630592570,"share":"https://ttm.financial/m/news/2164282866?lang=&edition=full_marsco","pubTime":"2021-09-02 22:22","market":"us","language":"en","title":"Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2164282866","media":"Benzinga","summary":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockc","content":"<p>Shares of crypto-related stocks, including <b><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a></b> (NASDAQ: MARA), <b>Riot Blockchain Inc</b> (NASDAQ: RIOT) and <b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> (NASDAQ: COIN) are trading higher amid an increase in the price of <b>Bitcoin</b> (CRYPTO: BTC) and <b>Ethereum </b>(CRYPTO: ETH).</p>\n<p>Bitcoin is trading 4.7% higher at around $49,965 Thursday morning.</p>\n<p>Ethereum is trading 6% higher at around $3,752 Thursday morning.</p>\n<p>Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.</p>\n<p>Marathon Digital is trading higher by 4.7% at $43.12 per share.</p>\n<p>Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.</p>\n<p>Riot Blockchain is trading higher by 3% at $37.61 per share.</p>\n<p>Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.</p>\n<p>Coinbase is trading higher by 2% at $271.15 per share.</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>Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today</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 Bitcoin-Related And Ethereum-Related Stocks Are Moving Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","RIOT":"Riot Platforms"},"source_url":"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164282866","content_text":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).\nBitcoin is trading 4.7% higher at around $49,965 Thursday morning.\nEthereum is trading 6% higher at around $3,752 Thursday morning.\nMarathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.\nMarathon Digital is trading higher by 4.7% at $43.12 per share.\nRiot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.\nRiot Blockchain is trading higher by 3% at $37.61 per share.\nCoinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.\nCoinbase is trading higher by 2% at $271.15 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1060,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816686354,"gmtCreate":1630496392278,"gmtModify":1676530319903,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/816686354","repostId":"2164949198","repostType":4,"repost":{"id":"2164949198","kind":"highlight","weMediaInfo":{"introduction":"Share your news with media, investors, and consumers with targeted distribution options from one of the world’s largest and most trusted newswires.","home_visible":1,"media_name":"GlobeNewswire","id":"1016364462","head_image":"https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a"},"pubTimestamp":1630494300,"share":"https://ttm.financial/m/news/2164949198?lang=&edition=full_marsco","pubTime":"2021-09-01 19:05","market":"us","language":"en","title":"Greenlane and KushCo Complete Merger, Creating Leading Ancillary Cannabis Company and House of Brands","url":"https://stock-news.laohu8.com/highlight/detail?id=2164949198","media":"GlobeNewswire","summary":"Implements strong executive leadership team and appoints three new directors\nPositioned to deliver i","content":"<p><i>Implements strong executive leadership team and appoints three new directors</i></p>\n<p><i>Positioned to deliver incremental value to customers across the cannabis supply chain with best-in-class proprietary brands and exclusive third-party offerings</i></p>\n<p><i>Well positioned to support accelerated industry innovation, accretive M&amp;A, and robust organic growth</i></p>\n<p>BOCA RATON, Fla., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN) and KushCo Holdings, Inc. (''KushCo'') (OTCQX: KSHB) today announced the completion of their previously announced merger (“the Transaction”). The combined company, operating as Greenlane, brings together two of the pioneering cannabis ancillary product and service companies with more than 26 years of operating history to create an undisputed leader in the cannabis industry.</p>\n<p>The Company’s Class A common stock (“Greenlane Shares”) will continue to trade on the Nasdaq Global Market under the ticker symbol “GNLN”. Each KushCo stockholder is entitled to receive 0.3016 of a Greenlane Share for each share of KushCo common stock held on August 31, 2021, the effective date of the Transaction. Holders of Greenlane Shares prior to the completion of the Transaction will continue to hold their Greenlane Shares with no adjustment as a result of the Transaction.</p>\n<p>KushCo’s common stock has ceased trading on the OTCQX effective as of the close of trading on August 31, 2021.</p>\n<p><b>Management Commentary</b></p>\n<p>“I am proud to announce the successful closing of our transformative merger and would like to thank our combined teams for all of their hard work over the past few months,” said Nick Kovacevich, Chief Executive Officer of Greenlane. “As we turn the page to an exciting new chapter as Greenlane, I am more confident than ever in our ability to build the industry’s leading ancillary cannabis company by leveraging our size, scale, strategy, and talent to take advantage of the significant growth opportunities that lie ahead. The substantial progress both companies have made in our combined 26 years of history positions us at the forefront of a rapidly evolving landscape. I look forward to the road ahead with our new colleagues and am excited to report our continued progress in the months and years to come.”</p>\n<p>“I am thrilled by the strong support our customers, employees, and shareholders have shown for this transformative merger and excited to welcome Nick and our new colleagues to the Greenlane team,” said Aaron LoCascio, Co-Founder and President of Greenlane. “I am convinced that together we will continue to drive innovation and build the industry’s leading ancillary cannabis company that is incredibly well positioned to provide both exceptional service to our customers and create long term value for our shareholders.”</p>\n<p>Greenlane expects the Transaction to yield a number of important strategic synergies and financial benefits allowing for enhanced scale and rapid growth:</p>\n<ul>\n <li><b>Establishes the leading ancillary cannabis company delivering more value to customers across the supply chain: </b>Greenlane serves a premier group of customers, including many of the leading multi-state-operators and licensed producers, the top smoke shops in the United States, and millions of consumers worldwide.</li>\n <li><b>Optimized platform with significant synergies: </b>The Company expects to generate approximately $15 million to $20 million of annual run-rate cost synergies within 24 months from the closing of the Transaction. These synergies are expected to result from the economies of scale that will be realized following the Transaction, an optimized nationwide distribution network, and reduced operating expenses.</li>\n <li><b>Strengthens best-in-class proprietary brands and exclusive third-party brand offerings: </b>As the leading supplier of premier consumer brands and products, Greenlane offers its customers a diversified and highly complementary product offering.</li>\n <li><b>Robust organic growth through cross-selling opportunities: </b>the Company has the wide-ranging breadth of products and services needed to support the entire global cannabis industry.</li>\n <li><b>Unique ability to drive industry innovation and premier product design and development: </b>With over 200 articles of Intellectual Property, the Company will cultivate a strong innovation pipeline across a broad category of product offerings, supported by an industry-leading and experienced product development and design team.</li>\n</ul>","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>Greenlane and KushCo Complete Merger, Creating Leading Ancillary Cannabis Company and House of Brands</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\">\nGreenlane and KushCo Complete Merger, Creating Leading Ancillary Cannabis Company and House of Brands\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1016364462\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/31bb960c88eab45f27ccc9fce75dee9a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">GlobeNewswire </p>\n<p class=\"h-time\">2021-09-01 19:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><i>Implements strong executive leadership team and appoints three new directors</i></p>\n<p><i>Positioned to deliver incremental value to customers across the cannabis supply chain with best-in-class proprietary brands and exclusive third-party offerings</i></p>\n<p><i>Well positioned to support accelerated industry innovation, accretive M&amp;A, and robust organic growth</i></p>\n<p>BOCA RATON, Fla., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN) and KushCo Holdings, Inc. (''KushCo'') (OTCQX: KSHB) today announced the completion of their previously announced merger (“the Transaction”). The combined company, operating as Greenlane, brings together two of the pioneering cannabis ancillary product and service companies with more than 26 years of operating history to create an undisputed leader in the cannabis industry.</p>\n<p>The Company’s Class A common stock (“Greenlane Shares”) will continue to trade on the Nasdaq Global Market under the ticker symbol “GNLN”. Each KushCo stockholder is entitled to receive 0.3016 of a Greenlane Share for each share of KushCo common stock held on August 31, 2021, the effective date of the Transaction. Holders of Greenlane Shares prior to the completion of the Transaction will continue to hold their Greenlane Shares with no adjustment as a result of the Transaction.</p>\n<p>KushCo’s common stock has ceased trading on the OTCQX effective as of the close of trading on August 31, 2021.</p>\n<p><b>Management Commentary</b></p>\n<p>“I am proud to announce the successful closing of our transformative merger and would like to thank our combined teams for all of their hard work over the past few months,” said Nick Kovacevich, Chief Executive Officer of Greenlane. “As we turn the page to an exciting new chapter as Greenlane, I am more confident than ever in our ability to build the industry’s leading ancillary cannabis company by leveraging our size, scale, strategy, and talent to take advantage of the significant growth opportunities that lie ahead. The substantial progress both companies have made in our combined 26 years of history positions us at the forefront of a rapidly evolving landscape. I look forward to the road ahead with our new colleagues and am excited to report our continued progress in the months and years to come.”</p>\n<p>“I am thrilled by the strong support our customers, employees, and shareholders have shown for this transformative merger and excited to welcome Nick and our new colleagues to the Greenlane team,” said Aaron LoCascio, Co-Founder and President of Greenlane. “I am convinced that together we will continue to drive innovation and build the industry’s leading ancillary cannabis company that is incredibly well positioned to provide both exceptional service to our customers and create long term value for our shareholders.”</p>\n<p>Greenlane expects the Transaction to yield a number of important strategic synergies and financial benefits allowing for enhanced scale and rapid growth:</p>\n<ul>\n <li><b>Establishes the leading ancillary cannabis company delivering more value to customers across the supply chain: </b>Greenlane serves a premier group of customers, including many of the leading multi-state-operators and licensed producers, the top smoke shops in the United States, and millions of consumers worldwide.</li>\n <li><b>Optimized platform with significant synergies: </b>The Company expects to generate approximately $15 million to $20 million of annual run-rate cost synergies within 24 months from the closing of the Transaction. These synergies are expected to result from the economies of scale that will be realized following the Transaction, an optimized nationwide distribution network, and reduced operating expenses.</li>\n <li><b>Strengthens best-in-class proprietary brands and exclusive third-party brand offerings: </b>As the leading supplier of premier consumer brands and products, Greenlane offers its customers a diversified and highly complementary product offering.</li>\n <li><b>Robust organic growth through cross-selling opportunities: </b>the Company has the wide-ranging breadth of products and services needed to support the entire global cannabis industry.</li>\n <li><b>Unique ability to drive industry innovation and premier product design and development: </b>With over 200 articles of Intellectual Property, the Company will cultivate a strong innovation pipeline across a broad category of product offerings, supported by an industry-leading and experienced product development and design team.</li>\n</ul>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GNLN":"Greenlane Holdings Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2164949198","content_text":"Implements strong executive leadership team and appoints three new directors\nPositioned to deliver incremental value to customers across the cannabis supply chain with best-in-class proprietary brands and exclusive third-party offerings\nWell positioned to support accelerated industry innovation, accretive M&A, and robust organic growth\nBOCA RATON, Fla., Sept. 01, 2021 (GLOBE NEWSWIRE) -- Greenlane Holdings, Inc. (“Greenlane” or “the Company”) (Nasdaq: GNLN) and KushCo Holdings, Inc. (''KushCo'') (OTCQX: KSHB) today announced the completion of their previously announced merger (“the Transaction”). The combined company, operating as Greenlane, brings together two of the pioneering cannabis ancillary product and service companies with more than 26 years of operating history to create an undisputed leader in the cannabis industry.\nThe Company’s Class A common stock (“Greenlane Shares”) will continue to trade on the Nasdaq Global Market under the ticker symbol “GNLN”. Each KushCo stockholder is entitled to receive 0.3016 of a Greenlane Share for each share of KushCo common stock held on August 31, 2021, the effective date of the Transaction. Holders of Greenlane Shares prior to the completion of the Transaction will continue to hold their Greenlane Shares with no adjustment as a result of the Transaction.\nKushCo’s common stock has ceased trading on the OTCQX effective as of the close of trading on August 31, 2021.\nManagement Commentary\n“I am proud to announce the successful closing of our transformative merger and would like to thank our combined teams for all of their hard work over the past few months,” said Nick Kovacevich, Chief Executive Officer of Greenlane. “As we turn the page to an exciting new chapter as Greenlane, I am more confident than ever in our ability to build the industry’s leading ancillary cannabis company by leveraging our size, scale, strategy, and talent to take advantage of the significant growth opportunities that lie ahead. The substantial progress both companies have made in our combined 26 years of history positions us at the forefront of a rapidly evolving landscape. I look forward to the road ahead with our new colleagues and am excited to report our continued progress in the months and years to come.”\n“I am thrilled by the strong support our customers, employees, and shareholders have shown for this transformative merger and excited to welcome Nick and our new colleagues to the Greenlane team,” said Aaron LoCascio, Co-Founder and President of Greenlane. “I am convinced that together we will continue to drive innovation and build the industry’s leading ancillary cannabis company that is incredibly well positioned to provide both exceptional service to our customers and create long term value for our shareholders.”\nGreenlane expects the Transaction to yield a number of important strategic synergies and financial benefits allowing for enhanced scale and rapid growth:\n\nEstablishes the leading ancillary cannabis company delivering more value to customers across the supply chain: Greenlane serves a premier group of customers, including many of the leading multi-state-operators and licensed producers, the top smoke shops in the United States, and millions of consumers worldwide.\nOptimized platform with significant synergies: The Company expects to generate approximately $15 million to $20 million of annual run-rate cost synergies within 24 months from the closing of the Transaction. These synergies are expected to result from the economies of scale that will be realized following the Transaction, an optimized nationwide distribution network, and reduced operating expenses.\nStrengthens best-in-class proprietary brands and exclusive third-party brand offerings: As the leading supplier of premier consumer brands and products, Greenlane offers its customers a diversified and highly complementary product offering.\nRobust organic growth through cross-selling opportunities: the Company has the wide-ranging breadth of products and services needed to support the entire global cannabis industry.\nUnique ability to drive industry innovation and premier product design and development: With over 200 articles of Intellectual Property, the Company will cultivate a strong innovation pipeline across a broad category of product offerings, supported by an industry-leading and experienced product development and design team.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1069,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816095151,"gmtCreate":1630454065273,"gmtModify":1676530305854,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Fomo!!!","listText":"Fomo!!!","text":"Fomo!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/816095151","isVote":1,"tweetType":1,"viewCount":333,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":818491118,"gmtCreate":1630423566234,"gmtModify":1676530300760,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/818491118","repostId":"2163868409","repostType":4,"repost":{"id":"2163868409","kind":"news","pubTimestamp":1630422217,"share":"https://ttm.financial/m/news/2163868409?lang=&edition=full_marsco","pubTime":"2021-08-31 23:03","market":"us","language":"en","title":"Virgin Galactic Jumps as Jefferies Rates it Buy on Growing Demand","url":"https://stock-news.laohu8.com/highlight/detail?id=2163868409","media":"Investing.com","summary":"Investing.com – Virgin Galactic stock (NYSE:SPCE) rose nearly 7% Tuesday as Jefferies (NYSE:JEF) ini","content":"<p>Investing.com – Virgin Galactic stock (NYSE:SPCE) rose nearly 7% Tuesday as Jefferies (NYSE:JEF) initiated its coverage with a buy rating and a $33 target, an upside of 24.5% approximately from the stock’s current level of $26.50.</p>\n<p>Analyst Greg Konrad sees attractive long-term prospects of space tourism that could eventually yield a $1.7-billion-revenue company by 2030.</p>\n<p>The total addressable market for Virgin Galactic is seen as high as $120 billion. Konrad expects 250,000 travelers at a $450,000 ticket price in less than 10 years from now.</p>\n<p>The analyst also pinned his belief that Virgin Galactic can get to 660 flights per year by 2030.</p>\n<p>The analyst says Virgin Galactic has a simple business model centered around building spaceships to meet demand. He expects the company to have four spaceships by 2025.</p>\n<p>According to the analyst, the company’s business model has been de-risked through recent flights and there are upcoming catalysts for the stock including reopening of seat sales and concrete plans on increasing spaceship capacity.</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>Virgin Galactic Jumps as Jefferies Rates it Buy on Growing Demand</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\">\nVirgin Galactic Jumps as Jefferies Rates it Buy on Growing Demand\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-31 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/virgin-galactic-jumps-jefferies-rates-100037900.html><strong>Investing.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investing.com – Virgin Galactic stock (NYSE:SPCE) rose nearly 7% Tuesday as Jefferies (NYSE:JEF) initiated its coverage with a buy rating and a $33 target, an upside of 24.5% approximately from the ...</p>\n\n<a href=\"https://finance.yahoo.com/news/virgin-galactic-jumps-jefferies-rates-100037900.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://finance.yahoo.com/news/virgin-galactic-jumps-jefferies-rates-100037900.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2163868409","content_text":"Investing.com – Virgin Galactic stock (NYSE:SPCE) rose nearly 7% Tuesday as Jefferies (NYSE:JEF) initiated its coverage with a buy rating and a $33 target, an upside of 24.5% approximately from the stock’s current level of $26.50.\nAnalyst Greg Konrad sees attractive long-term prospects of space tourism that could eventually yield a $1.7-billion-revenue company by 2030.\nThe total addressable market for Virgin Galactic is seen as high as $120 billion. Konrad expects 250,000 travelers at a $450,000 ticket price in less than 10 years from now.\nThe analyst also pinned his belief that Virgin Galactic can get to 660 flights per year by 2030.\nThe analyst says Virgin Galactic has a simple business model centered around building spaceships to meet demand. He expects the company to have four spaceships by 2025.\nAccording to the analyst, the company’s business model has been de-risked through recent flights and there are upcoming catalysts for the stock including reopening of seat sales and concrete plans on increasing spaceship capacity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":371,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":811531192,"gmtCreate":1630331337116,"gmtModify":1676530271583,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/811531192","repostId":"1187092561","repostType":4,"repost":{"id":"1187092561","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1630330753,"share":"https://ttm.financial/m/news/1187092561?lang=&edition=full_marsco","pubTime":"2021-08-30 21:39","market":"us","language":"en","title":"Astra stock tumbled after company's weekend rocket launch failure","url":"https://stock-news.laohu8.com/highlight/detail?id=1187092561","media":"Tiger Newspress","summary":"Astra Space Inc. shares slumped after a weekend launch failed to carry a test payload into orbit, th","content":"<p>Astra Space Inc. shares slumped after a weekend launch failed to carry a test payload into orbit, the latest setback for the maker of small rockets used to send satellites into space.</p>\n<p>The company’s 45-foot tall rocket took off unsteadily Saturday from a pad at the Pacific Spaceport Complex in Alaska, flew for more than 2 minutes and then suffered what Astra described as “technical difficulties.”</p>\n<p>Astra shares tumbled as much as 20% in early trading Monday after jumping 21% last week. The Alameda, California-based company, which recently went public via a special purpose acquisition company run by telecommunications billionaire Craig McCaw, said it had gathered valuable data from the flight and has more rockets ready to test again soon.</p>\n<p>The machine was carrying a test payload for the U.S. Space Force. Astra had its most successful launch in December, when its rocket reached space and then just missed reaching orbit.</p>\n<p>Astra competes with industry leader Rocket Lab USA Inc., which has completed almost two dozen flights dating back to 2017 and is now busy working on a larger vehicle. Virgin Orbit, a private Richard Branson venture separate from Virgin Galactic, completed its first commercial mission in June.</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>Astra stock tumbled after company's weekend rocket launch failure</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\">\nAstra stock tumbled after company's weekend rocket launch failure\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\">2021-08-30 21:39</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Astra Space Inc. shares slumped after a weekend launch failed to carry a test payload into orbit, the latest setback for the maker of small rockets used to send satellites into space.</p>\n<p>The company’s 45-foot tall rocket took off unsteadily Saturday from a pad at the Pacific Spaceport Complex in Alaska, flew for more than 2 minutes and then suffered what Astra described as “technical difficulties.”</p>\n<p>Astra shares tumbled as much as 20% in early trading Monday after jumping 21% last week. The Alameda, California-based company, which recently went public via a special purpose acquisition company run by telecommunications billionaire Craig McCaw, said it had gathered valuable data from the flight and has more rockets ready to test again soon.</p>\n<p>The machine was carrying a test payload for the U.S. Space Force. Astra had its most successful launch in December, when its rocket reached space and then just missed reaching orbit.</p>\n<p>Astra competes with industry leader Rocket Lab USA Inc., which has completed almost two dozen flights dating back to 2017 and is now busy working on a larger vehicle. Virgin Orbit, a private Richard Branson venture separate from Virgin Galactic, completed its first commercial mission in June.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河","ASTR":"Astra Space"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1187092561","content_text":"Astra Space Inc. shares slumped after a weekend launch failed to carry a test payload into orbit, the latest setback for the maker of small rockets used to send satellites into space.\nThe company’s 45-foot tall rocket took off unsteadily Saturday from a pad at the Pacific Spaceport Complex in Alaska, flew for more than 2 minutes and then suffered what Astra described as “technical difficulties.”\nAstra shares tumbled as much as 20% in early trading Monday after jumping 21% last week. The Alameda, California-based company, which recently went public via a special purpose acquisition company run by telecommunications billionaire Craig McCaw, said it had gathered valuable data from the flight and has more rockets ready to test again soon.\nThe machine was carrying a test payload for the U.S. Space Force. Astra had its most successful launch in December, when its rocket reached space and then just missed reaching orbit.\nAstra competes with industry leader Rocket Lab USA Inc., which has completed almost two dozen flights dating back to 2017 and is now busy working on a larger vehicle. Virgin Orbit, a private Richard Branson venture separate from Virgin Galactic, completed its first commercial mission in June.","news_type":1},"isVote":1,"tweetType":1,"viewCount":324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":819218857,"gmtCreate":1630072089679,"gmtModify":1676530216756,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/819218857","repostId":"1104431102","repostType":4,"repost":{"id":"1104431102","kind":"news","weMediaInfo":{"introduction":"Stock 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":1630070992,"share":"https://ttm.financial/m/news/1104431102?lang=&edition=full_marsco","pubTime":"2021-08-27 21:29","market":"us","language":"en","title":"3 Stocks Insiders Are Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1104431102","media":"Benzinga","summary":"When insiders purchase shares, it indicates their confidence in the company's prospects or that they","content":"<p>When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.</p>\n<p>Below is a look at a few recent notable insider purchases. </p>\n<h3><b>Cricut</b></h3>\n<p><b>The Trade:</b>&nbsp;<b><a href=\"https://laohu8.com/S/CRCT\">Cricut, Inc.</a></b>&nbsp;owner Abdiel Capital Management Llc, Abdiel Qualified Master Fund Lp, Abdiel Capital Lp, Abdiel Capital Advisors Lp, Colin Moran&nbsp;<i>acquired a total of 88642 shares</i>&nbsp;at an average price of $28.41. The insider spent $2,518,272.12 to acquire those share.</p>\n<p><b>What’s Happening:</b>&nbsp;Barclays, last week, downgraded Cricut from Overweight to Equal-Weight.</p>\n<p><b>What Cricut Does:</b>&nbsp;Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods.</p>\n<h3><b>Myovant Sciences</b></h3>\n<p><b>The Trade:</b>&nbsp;<b><a href=\"https://laohu8.com/S/MYOV\">Myovant Sciences Ltd.</a></b> owner Sumitomo Chemical Co Ltd, Dainippon Sumitomo Pharma Co Ltd, Sumitovant Biopharma Ltd&nbsp;<i>acquired a total of 63008 shares</i>&nbsp;at an average price of $22.40. To acquire these shares, it cost $1,411,426.82.</p>\n<p><b>What’s Happening:</b>&nbsp;Myovant Sciences recently appointed Uneek Mehra as Chief Financial and Business Officer.</p>\n<p><b>What Myovant Sciences Does:</b>&nbsp;Myovant Sciences is a healthcare company focused on redefining care for women and for men.</p>\n<h3><b>Nautilus Biotechnology</b></h3>\n<p><b>The Trade:</b>&nbsp;<b><a href=\"https://laohu8.com/S/NAUT\">Nautilus Biotechnolgy, Inc.</a></b>&nbsp;Director Matt McIlwaina&nbsp;<i>bought a total of 36970 shares</i>&nbsp;at an average price of $7.71. The insider spent $285,040.80 to acquire those shares.</p>\n<p><b>What’s Happening:</b>&nbsp;The company, earlier during the month, reported a wider-than-expected quarterly loss.</p>\n<p><b>What Nautilus Biotechnology Does:</b>Nautilus Biotechnology Inc is a development stage life sciences company creating a platform technology for quantifying and unlocking the complexity of the human proteome.</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>3 Stocks Insiders Are Buying</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\">\n3 Stocks Insiders Are Buying\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\">2021-08-27 21:29</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.</p>\n<p>Below is a look at a few recent notable insider purchases. </p>\n<h3><b>Cricut</b></h3>\n<p><b>The Trade:</b>&nbsp;<b><a href=\"https://laohu8.com/S/CRCT\">Cricut, Inc.</a></b>&nbsp;owner Abdiel Capital Management Llc, Abdiel Qualified Master Fund Lp, Abdiel Capital Lp, Abdiel Capital Advisors Lp, Colin Moran&nbsp;<i>acquired a total of 88642 shares</i>&nbsp;at an average price of $28.41. The insider spent $2,518,272.12 to acquire those share.</p>\n<p><b>What’s Happening:</b>&nbsp;Barclays, last week, downgraded Cricut from Overweight to Equal-Weight.</p>\n<p><b>What Cricut Does:</b>&nbsp;Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods.</p>\n<h3><b>Myovant Sciences</b></h3>\n<p><b>The Trade:</b>&nbsp;<b><a href=\"https://laohu8.com/S/MYOV\">Myovant Sciences Ltd.</a></b> owner Sumitomo Chemical Co Ltd, Dainippon Sumitomo Pharma Co Ltd, Sumitovant Biopharma Ltd&nbsp;<i>acquired a total of 63008 shares</i>&nbsp;at an average price of $22.40. To acquire these shares, it cost $1,411,426.82.</p>\n<p><b>What’s Happening:</b>&nbsp;Myovant Sciences recently appointed Uneek Mehra as Chief Financial and Business Officer.</p>\n<p><b>What Myovant Sciences Does:</b>&nbsp;Myovant Sciences is a healthcare company focused on redefining care for women and for men.</p>\n<h3><b>Nautilus Biotechnology</b></h3>\n<p><b>The Trade:</b>&nbsp;<b><a href=\"https://laohu8.com/S/NAUT\">Nautilus Biotechnolgy, Inc.</a></b>&nbsp;Director Matt McIlwaina&nbsp;<i>bought a total of 36970 shares</i>&nbsp;at an average price of $7.71. The insider spent $285,040.80 to acquire those shares.</p>\n<p><b>What’s Happening:</b>&nbsp;The company, earlier during the month, reported a wider-than-expected quarterly loss.</p>\n<p><b>What Nautilus Biotechnology Does:</b>Nautilus Biotechnology Inc is a development stage life sciences company creating a platform technology for quantifying and unlocking the complexity of the human proteome.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1104431102","content_text":"When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision.\nBelow is a look at a few recent notable insider purchases. \nCricut\nThe Trade: Cricut, Inc. owner Abdiel Capital Management Llc, Abdiel Qualified Master Fund Lp, Abdiel Capital Lp, Abdiel Capital Advisors Lp, Colin Moran acquired a total of 88642 shares at an average price of $28.41. The insider spent $2,518,272.12 to acquire those share.\nWhat’s Happening: Barclays, last week, downgraded Cricut from Overweight to Equal-Weight.\nWhat Cricut Does: Cricut Inc designs and builds a creativity platform that enables users to turn ideas into professional-looking handmade goods.\nMyovant Sciences\nThe Trade: Myovant Sciences Ltd. owner Sumitomo Chemical Co Ltd, Dainippon Sumitomo Pharma Co Ltd, Sumitovant Biopharma Ltd acquired a total of 63008 shares at an average price of $22.40. To acquire these shares, it cost $1,411,426.82.\nWhat’s Happening: Myovant Sciences recently appointed Uneek Mehra as Chief Financial and Business Officer.\nWhat Myovant Sciences Does: Myovant Sciences is a healthcare company focused on redefining care for women and for men.\nNautilus Biotechnology\nThe Trade: Nautilus Biotechnolgy, Inc. Director Matt McIlwaina bought a total of 36970 shares at an average price of $7.71. The insider spent $285,040.80 to acquire those shares.\nWhat’s Happening: The company, earlier during the month, reported a wider-than-expected quarterly loss.\nWhat Nautilus Biotechnology Does:Nautilus Biotechnology Inc is a development stage life sciences company creating a platform technology for quantifying and unlocking the complexity of the human proteome.","news_type":1},"isVote":1,"tweetType":1,"viewCount":391,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":810251676,"gmtCreate":1629983115795,"gmtModify":1676530191554,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Hehehe","listText":"Hehehe","text":"Hehehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/810251676","repostId":"2162094573","repostType":4,"repost":{"id":"2162094573","kind":"highlight","weMediaInfo":{"introduction":"Stock 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":1629982738,"share":"https://ttm.financial/m/news/2162094573?lang=&edition=full_marsco","pubTime":"2021-08-26 20:58","market":"us","language":"en","title":"Why Snowflake Shares Are Trading Higher Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2162094573","media":"Benzinga","summary":"Snowflake Inc (NYSE: SNOW) is trading higher Thursday after the company announced better-than-expected second-quarter fiscal 2022 earnings results.","content":"<p><b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc</b> (NYSE:SNOW) is trading higher Thursday after the company announced better-than-expected second-quarter fiscal 2022 earnings results.</p>\n<p>Snowflake reported a&nbsp;quarterly adjusted earnings loss of 4 cents per share, which beat the estimate for a loss of 15 cents per share. The company reported quarterly revenue of $254.6 million, which came in below the estimate of $256.54 million, but represented 103% growth year over year.</p>\n<p>Snowflake expects full-year fiscal 2022 revenue to be in a range of $1.06 billion to $1.07 billion versus the estimate of $1.11 billion.</p>\n<p>“Snowflake saw continued momentum in Q2 with triple-digit growth in product revenue, reflecting strength in customer consumption,” said <b>Frank Slootman</b>, chairman and CEO of Snowflake.</p>\n<p>Snowflake is a data lake, warehousing&nbsp;and sharing company with more than&nbsp;3,000 customers.</p>\n<p><b>SNOW Price Action:</b>&nbsp;Snowflake has traded as high as $429 and as&nbsp;low as $184.71 since its IPO in September.</p>\n<p>At last check Thursday, the stock was up 4.03% at $295.27.</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>Why Snowflake Shares Are Trading Higher Today</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 Snowflake Shares Are Trading Higher Today\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\">2021-08-26 20:58</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p><b><a href=\"https://laohu8.com/S/SNOW\">Snowflake</a> Inc</b> (NYSE:SNOW) is trading higher Thursday after the company announced better-than-expected second-quarter fiscal 2022 earnings results.</p>\n<p>Snowflake reported a&nbsp;quarterly adjusted earnings loss of 4 cents per share, which beat the estimate for a loss of 15 cents per share. The company reported quarterly revenue of $254.6 million, which came in below the estimate of $256.54 million, but represented 103% growth year over year.</p>\n<p>Snowflake expects full-year fiscal 2022 revenue to be in a range of $1.06 billion to $1.07 billion versus the estimate of $1.11 billion.</p>\n<p>“Snowflake saw continued momentum in Q2 with triple-digit growth in product revenue, reflecting strength in customer consumption,” said <b>Frank Slootman</b>, chairman and CEO of Snowflake.</p>\n<p>Snowflake is a data lake, warehousing&nbsp;and sharing company with more than&nbsp;3,000 customers.</p>\n<p><b>SNOW Price Action:</b>&nbsp;Snowflake has traded as high as $429 and as&nbsp;low as $184.71 since its IPO in September.</p>\n<p>At last check Thursday, the stock was up 4.03% at $295.27.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2162094573","content_text":"Snowflake Inc (NYSE:SNOW) is trading higher Thursday after the company announced better-than-expected second-quarter fiscal 2022 earnings results.\nSnowflake reported a quarterly adjusted earnings loss of 4 cents per share, which beat the estimate for a loss of 15 cents per share. The company reported quarterly revenue of $254.6 million, which came in below the estimate of $256.54 million, but represented 103% growth year over year.\nSnowflake expects full-year fiscal 2022 revenue to be in a range of $1.06 billion to $1.07 billion versus the estimate of $1.11 billion.\n“Snowflake saw continued momentum in Q2 with triple-digit growth in product revenue, reflecting strength in customer consumption,” said Frank Slootman, chairman and CEO of Snowflake.\nSnowflake is a data lake, warehousing and sharing company with more than 3,000 customers.\nSNOW Price Action: Snowflake has traded as high as $429 and as low as $184.71 since its IPO in September.\nAt last check Thursday, the stock was up 4.03% at $295.27.","news_type":1},"isVote":1,"tweetType":1,"viewCount":430,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":837598395,"gmtCreate":1629898686617,"gmtModify":1676530166013,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/837598395","repostId":"1179960613","repostType":4,"repost":{"id":"1179960613","kind":"news","pubTimestamp":1629898082,"share":"https://ttm.financial/m/news/1179960613?lang=&edition=full_marsco","pubTime":"2021-08-25 21:28","market":"us","language":"en","title":"GameStop Stock Gained 27% on Tuesday. How Much Higher Can It Go?","url":"https://stock-news.laohu8.com/highlight/detail?id=1179960613","media":"Barrons","summary":"GameStop stock was slipping after gaining 28% on Tuesday. But the revival of the meme-stock trade co","content":"<p>GameStop stock was slipping after gaining 28% on Tuesday. But the revival of the meme-stock trade could be good news for small-cap stocks generally.</p>\n<p>Shares of GameStop have declined 1.4% to $207.5 in premarket trading Wednesday. It’s not much of a move compared with Tuesday’s surge, but with meme stocks, one never can tell.</p>\n<p>GameStop stock had dropped nearly 50% since peaking in early June, but erased 40% of that drop in one day. It also looks to have cleared resistance at about $200, which means there could be more upside ahead. Don’t be surprised if $200 becomes support.</p>\n<p><img src=\"https://static.tigerbbs.com/1ca853dd891fce6c2ec9d0ecf67497eb\" tg-width=\"952\" tg-height=\"627\" referrerpolicy=\"no-referrer\"></p>\n<p>GameStop wasn’t the only meme stock on the move Tuesday.AMC Entertainment(AMC)&nbsp;gained 20%, and like GameStop, it appeared to clear resistance, though not quite as cleanly. AMC stock is up 2.6% at $45.39 in premarket trading.</p>\n<p>For those wondering why we care about these stocks, consider this: AMC is the largest position in the&nbsp;iShares Russell 2000 ETF(IWM), even if that means it’s just 0.5% of the index. If the meme stocks keep rising that could be good news for small-caps, which have&nbsp;gone nowhere since February.</p>\n<p><img src=\"https://static.tigerbbs.com/d97157fe74c2c1baef4735a0dbbc9d67\" tg-width=\"960\" tg-height=\"639\" referrerpolicy=\"no-referrer\"></p>\n<p>“Nice bounce …but a lot still to prove,” writes Bay Crest Partners’ Jonathan Krinsky. “IWM closing above $225 would send a strong bullish message for small-caps, and suggest the now seven-month consolidation is, in fact, resolving higher.”</p>\n<p>Stay tuned.</p>\n<p></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>GameStop Stock Gained 27% on Tuesday. How Much Higher Can It Go?</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\">\nGameStop Stock Gained 27% on Tuesday. How Much Higher Can It Go?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-25 21:28 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/gamestop-amc-stock-price-meme-rally-51629888258?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>GameStop stock was slipping after gaining 28% on Tuesday. But the revival of the meme-stock trade could be good news for small-cap stocks generally.\nShares of GameStop have declined 1.4% to $207.5 in ...</p>\n\n<a href=\"https://www.barrons.com/articles/gamestop-amc-stock-price-meme-rally-51629888258?mod=hp_LEAD_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站","AMC":"AMC院线"},"source_url":"https://www.barrons.com/articles/gamestop-amc-stock-price-meme-rally-51629888258?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179960613","content_text":"GameStop stock was slipping after gaining 28% on Tuesday. But the revival of the meme-stock trade could be good news for small-cap stocks generally.\nShares of GameStop have declined 1.4% to $207.5 in premarket trading Wednesday. It’s not much of a move compared with Tuesday’s surge, but with meme stocks, one never can tell.\nGameStop stock had dropped nearly 50% since peaking in early June, but erased 40% of that drop in one day. It also looks to have cleared resistance at about $200, which means there could be more upside ahead. Don’t be surprised if $200 becomes support.\n\nGameStop wasn’t the only meme stock on the move Tuesday.AMC Entertainment(AMC) gained 20%, and like GameStop, it appeared to clear resistance, though not quite as cleanly. AMC stock is up 2.6% at $45.39 in premarket trading.\nFor those wondering why we care about these stocks, consider this: AMC is the largest position in the iShares Russell 2000 ETF(IWM), even if that means it’s just 0.5% of the index. If the meme stocks keep rising that could be good news for small-caps, which have gone nowhere since February.\n\n“Nice bounce …but a lot still to prove,” writes Bay Crest Partners’ Jonathan Krinsky. “IWM closing above $225 would send a strong bullish message for small-caps, and suggest the now seven-month consolidation is, in fact, resolving higher.”\nStay tuned.","news_type":1},"isVote":1,"tweetType":1,"viewCount":328,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":834505412,"gmtCreate":1629811947936,"gmtModify":1676530138713,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/834505412","repostId":"1162867085","repostType":4,"repost":{"id":"1162867085","kind":"news","pubTimestamp":1629809990,"share":"https://ttm.financial/m/news/1162867085?lang=&edition=full_marsco","pubTime":"2021-08-24 20:59","market":"us","language":"en","title":"Tesla’s Musk Says FSD Actually Not That Great. Why He’s Actually Wrong.","url":"https://stock-news.laohu8.com/highlight/detail?id=1162867085","media":"Barrons","summary":"Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier. Now ","content":"<p>Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier. Now Tesla CEO Elon Musk is casting doubt on his own company’s progress.</p>\n<p>Musk tweeted out Monday the latest versions of Tesla’s (ticker: TSLA) full self driving software–the best version of his company’s driver assistance features–is “actually not great.”</p>\n<p><img src=\"https://static.tigerbbs.com/95ec0454d5d748a9de0735945ee972cb\" tg-width=\"624\" tg-height=\"871\" width=\"100%\" height=\"auto\"></p>\n<p>It’s a surprising–and possibly odd–revelation. Manufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.</p>\n<p>The job for investors, right now, isn’t to dissect tweets. It is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.</p>\n<p>The highly anticipated&nbsp;Tesla(ticker: TSLA)&nbsp;A.I. Day&nbsp;was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.</p>\n<p>What investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.</p>\n<p>Tesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst&nbsp;Pierre Ferragu&nbsp;wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.</p>\n<p>He rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.</p>\n<p>Tesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.</p>\n<p>The bears’ belief is partly rooted in two reports from the research firmGuidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.</p>\n<p><img src=\"https://static.tigerbbs.com/75c32dac9eacc1a076597ae098e1ea33\" tg-width=\"553\" tg-height=\"889\" width=\"100%\" height=\"auto\"></p>\n<p>That might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.</p>\n<p>It is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.</p>\n<p>Tesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.</p>\n<p>In October 2020,<i>Consumer Reports</i>&nbsp;ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to&nbsp;General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.</p>\n<p>One reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.</p>\n<p>Camera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.</p>\n<p>Practically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.</p>\n<p>Autonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.</p>\n<p>Tesla stock is about flat so far in 2021. The&nbsp;S&amp;P 500&nbsp;and&nbsp;Dow Jones Industrial Average&nbsp;are up 19% and 15%, respectively.</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>Tesla’s Musk Says FSD Actually Not That Great. Why He’s Actually Wrong.</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\">\nTesla’s Musk Says FSD Actually Not That Great. Why He’s Actually Wrong.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-24 20:59 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LEAD_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier. Now Tesla CEO Elon Musk is casting doubt on his own company’s progress.\nMusk tweeted out Monday the ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LEAD_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.barrons.com/articles/tesla-ai-autonomous-vehicle-technology-51629756011?mod=hp_LEAD_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1162867085","content_text":"Evaluating car companies’ claims about self-driving cars is getting harder, rather than easier. Now Tesla CEO Elon Musk is casting doubt on his own company’s progress.\nMusk tweeted out Monday the latest versions of Tesla’s (ticker: TSLA) full self driving software–the best version of his company’s driver assistance features–is “actually not great.”\n\nIt’s a surprising–and possibly odd–revelation. Manufacturers are racing to build the best autonomous vehicles, but for people without advanced engineering degrees, judging who has the best systems has become nearly impossible. Autonomous-driving features are just too new and the systems are changing too rapidly.\nThe job for investors, right now, isn’t to dissect tweets. It is to understand exactly who is saying what about car makers’ competing autonomous-driving systems. Learning the bull and bear arguments is enough for now. Figuring out who is leading and what it means for the stocks of the car makers can come later.\nThe highly anticipated Tesla(ticker: TSLA) A.I. Day was supposed to shed light on the topic of autonomous driving. Instead, it opened a Pandora’s box of questions that need answering.\nWhat investors really wanted to know was when drivers will be able to text and drive safely on highways without fear of getting a traffic ticket. That answer wasn’t forthcoming. Instead, investors were asked to digest the importance of computer- designed self-driving simulations, machine learning, and cloud-based A.I. training technology. The detail was arcane.\nTesla bulls, however, came away from the event blown away by Tesla’s A.I. prowess and the improvements to its autonomous-driving features. New Street Research analyst Pierre Ferragu wrote Monday that Tesla is 10 years ahead of the competition in “real-world” artificial intelligence. He believes Tesla’s autonomous- driving subscription sales can generate about $23,000 in gross profit per vehicle over a 10-year span. That is significantly more than the roughly $7,000 in gross profit Tesla makes from selling a car.\nHe rates Tesla stock at Buy and has a target of $900 for the stock price. Shares closed Monday at $706.30, up 3.8%.\nTesla bears, on the other hand, are convinced that Tesla’s claims about self- driving cars are overstated and that other companies are doing a better job developing self-driving technology.\nThe bears’ belief is partly rooted in two reports from the research firmGuidehouse, which publishes automated-driving “leaderboards.” Tesla ranked dead last in the 2020 and 2021 reports.\n\nThat might feel odd, given that Tesla CEO Elon Musk often talks about how advanced Tesla’s self-driving offerings are. But the Guidehouse rankings are partly based on vision systems and partnerships, two areas where Tesla doesn’t score well. The company doesn’t use laser-based radar, while other makers of self-driving cars do. And it doesn’t enter partnerships, doing everything in house.\nIt is possible that bulls and bears are both right and are talking past each other. Waymo, for instance, leads in the Guidehouse rankings. It has deployed fully autonomous robotaxis in Arizona. That is quite a feat.\nTesla’s systems aren’t good enough to be robotaxis. They qualify as level 2 autonomy, which means drivers must be engaged at all times. But the systems enabling the Waymo robotaxi can cost upwards of $100,000 per vehicle. That is too pricey for consumer vehicles.\nIn October 2020,Consumer Reports ranked the automated-driving systems available to, well, consumers. Overall, Tesla’s automated driver system ranked second to General Motors(GM). Tesla scored highest on capability and ease of use, but ranked poorly on keeping the driver engaged.\nOne reason for that low score might be that Tesla’s automated-driving systems aren’t “hands free” solutions. Drivers need to keep their hands on, or touching, the steering wheel to keep the system on. There are “hands free” systems that use interior cameras to make sure a driver’s eyes are on the road at all times.\nCamera monitoring might be better than haptic steering-wheel feedback. That is a debate for car companies and regulators.\nPractically speaking, hands free and hands required isn’t the basis for competitive differentiation. All the systems on offer today, hands free or not, require drivers to be engaged 100% of the time.\nAutonomous driving studies and reports will proliferate in coming years. Each will have different criteria for judging what is best. Eventually, investors will probably have to test out autonomous-driving systems for themselves. That way they won’t fall victim to ratings criteria that aren’t explicitly defined.\nTesla stock is about flat so far in 2021. The S&P 500 and Dow Jones Industrial Average are up 19% and 15%, respectively.","news_type":1},"isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832871180,"gmtCreate":1629612342540,"gmtModify":1676530079968,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832871180","repostId":"2161374148","repostType":4,"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832028731,"gmtCreate":1629545539823,"gmtModify":1676530068728,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832028731","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","kind":"news","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=&edition=full_marsco","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?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":{"SNPS":"新思科技","GOOGL":"谷歌A","ON":"安森美半导体","TSM":"台积电","NVDA":"英伟达","AMZN":"亚马逊","SOXX":"iShares费城交易所半导体ETF","QCOM":"高通","ASML":"阿斯麦","AAPL":"苹果","SSNLF":"三星电子","CDNS":"铿腾电子","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":833152425,"gmtCreate":1629211925467,"gmtModify":1676529968729,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3562802954762393","idStr":"3562802954762393"},"themes":[],"htmlText":"Yo","listText":"Yo","text":"Yo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/833152425","repostId":"1115558959","repostType":4,"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":833152425,"gmtCreate":1629211925467,"gmtModify":1676529968729,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Yo","listText":"Yo","text":"Yo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/833152425","repostId":"1115558959","repostType":4,"isVote":1,"tweetType":1,"viewCount":345,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802383265,"gmtCreate":1627718635857,"gmtModify":1703495183245,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Gogogo","listText":"Gogogo","text":"Gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/802383265","repostId":"1154216466","repostType":4,"isVote":1,"tweetType":1,"viewCount":218,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":807301048,"gmtCreate":1627999074584,"gmtModify":1703499390861,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Zzz","listText":"Zzz","text":"Zzz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/807301048","repostId":"1168499499","repostType":4,"isVote":1,"tweetType":1,"viewCount":431,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808691019,"gmtCreate":1627571869731,"gmtModify":1703492698332,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Yoo","listText":"Yoo","text":"Yoo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/808691019","repostId":"1165497040","repostType":4,"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":114066889,"gmtCreate":1623036763841,"gmtModify":1704194770172,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Gamestop to the moonnnn","listText":"Gamestop to the moonnnn","text":"Gamestop to the moonnnn","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/114066889","repostId":"2141926289","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897587907,"gmtCreate":1628943722109,"gmtModify":1676529897596,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/897587907","repostId":"2159521376","repostType":4,"isVote":1,"tweetType":1,"viewCount":252,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":107010151,"gmtCreate":1620432852273,"gmtModify":1704343552345,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Like my comment plsssss","listText":"Like my comment plsssss","text":"Like my comment plsssss","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/107010151","repostId":"1125440288","repostType":4,"isVote":1,"tweetType":1,"viewCount":299,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102114678,"gmtCreate":1620183999394,"gmtModify":1704339886716,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Niceeee","listText":"Niceeee","text":"Niceeee","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/102114678","repostId":"1194963568","repostType":4,"isVote":1,"tweetType":1,"viewCount":478,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581498400583917","authorId":"3581498400583917","name":"Roi90","avatar":"https://static.tigerbbs.com/9147ca93fa3c5498b55933c2d6e72703","crmLevel":3,"crmLevelSwitch":0,"idStr":"3581498400583917","authorIdStr":"3581498400583917"},"content":"Pls Like and comment, Thanks","text":"Pls Like and comment, Thanks","html":"Pls Like and comment, Thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880424843,"gmtCreate":1631074570682,"gmtModify":1676530460402,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/880424843","repostId":"1198049367","repostType":4,"repost":{"id":"1198049367","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631070960,"share":"https://ttm.financial/m/news/1198049367?lang=&edition=full_marsco","pubTime":"2021-09-08 11:16","market":"fut","language":"en","title":"El Salvador Becomes First Country to Adopt Bitcoin as National Currency","url":"https://stock-news.laohu8.com/highlight/detail?id=1198049367","media":"Tiger Newspress","summary":"Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Sa","content":"<p>Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national&nbsp;currency, but also took a series of measures to ensure that Bitcoin began to be used in the&nbsp;country:</p>\n<p>1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.</p>\n<p>2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.</p>\n<p>3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.</p>\n<p>There are many inspirations from this incident.</p>\n<p><b>1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.</b>Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.</p>\n<p><img src=\"https://static.tigerbbs.com/0f8b827ccde8b38d2f4957addc2076aa\" tg-width=\"326\" tg-height=\"160\" referrerpolicy=\"no-referrer\"></p>\n<p><b>2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?</b>El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.</p>\n<p><b>3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.</b>Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.</p>\n<p>The key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.</p>\n<p>In a word, bitcoin is more like gold than currency.</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>El Salvador Becomes First Country to Adopt Bitcoin as National Currency</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\">\nEl Salvador Becomes First Country to Adopt Bitcoin as National Currency\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\">2021-09-08 11:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national&nbsp;currency, but also took a series of measures to ensure that Bitcoin began to be used in the&nbsp;country:</p>\n<p>1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.</p>\n<p>2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.</p>\n<p>3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.</p>\n<p>There are many inspirations from this incident.</p>\n<p><b>1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.</b>Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.</p>\n<p><img src=\"https://static.tigerbbs.com/0f8b827ccde8b38d2f4957addc2076aa\" tg-width=\"326\" tg-height=\"160\" referrerpolicy=\"no-referrer\"></p>\n<p><b>2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?</b>El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.</p>\n<p><b>3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.</b>Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.</p>\n<p>The key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.</p>\n<p>In a word, bitcoin is more like gold than currency.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198049367","content_text":"Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national currency, but also took a series of measures to ensure that Bitcoin began to be used in the country:\n1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.\n2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.\n3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.\nThere are many inspirations from this incident.\n1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.\n\n2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.\n3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.\nThe key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.\nIn a word, bitcoin is more like gold than currency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1451,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832028731,"gmtCreate":1629545539823,"gmtModify":1676530068728,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Kk","listText":"Kk","text":"Kk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/832028731","repostId":"1151608193","repostType":4,"repost":{"id":"1151608193","kind":"news","pubTimestamp":1629728324,"share":"https://ttm.financial/m/news/1151608193?lang=&edition=full_marsco","pubTime":"2021-08-23 22:18","market":"us","language":"en","title":"Buy the pullback in chip stocks — and focus on these 6 companies for the long haul","url":"https://stock-news.laohu8.com/highlight/detail?id=1151608193","media":"MarketWatch","summary":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correcti","content":"<p><b>The iShares Semiconductor ETF is down over 6% from recent highs.</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7b24e4a76a5d1cd0ff030cf1b0eeac0f\" tg-width=\"700\" tg-height=\"466\" width=\"100%\" height=\"auto\"><span>ISTOCKPHOTO</span></p>\n<p>In the rolling correction that’s running through the stock market, chip makers have been hit harder than most.</p>\n<p>The iShares Semiconductor ETF&nbsp;is down over 6% from recent highs, compared to declines of 2% or less for the S&amp;P 500,Nasdaq&nbsp;Composite&nbsp;and the Dow Jones Industrial Average.</p>\n<p>Does that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.</p>\n<p>A lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”</p>\n<p>Those are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.</p>\n<p>You’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.</p>\n<p><b>1. The wicked witch of cyclicality is dead</b></p>\n<p>“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “<a href=\"https://laohu8.com/S/FBNC\">First</a> PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like <a href=\"https://laohu8.com/S/ZM\">Zoom</a>, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.</p>\n<p>“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”</p>\n<p>He’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William&nbsp;Blair&nbsp;analyst Greg Scolaro.</p>\n<p>All of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says <a href=\"https://laohu8.com/S/BAC\">Bank of America</a> chip sector analyst Vivek Arya. “That’s not just our view, but <a href=\"https://laohu8.com/S/AONE.U\">one</a> confirmed by a majority of large customers.”</p>\n<p><b>2. The players have consolidated</b></p>\n<p>All up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.</p>\n<p>In chip design software, you have Cadence Design Systems&nbsp;and Synopsys.In production equipment, companies dominate specialized niches like ASML&nbsp;in extreme ultraviolet lithography&nbsp;(EUV). Manufacturing is dominated by Taiwan Semiconductor&nbsp;and Samsung Electronics.</p>\n<p>These companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.</p>\n<p><b>3. Profitability has improved</b></p>\n<p>This more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.</p>\n<p>This has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere &amp; Co. “They are not trading at a frothy multiple.”</p>\n<p><b>The stocks to buy</b></p>\n<p>Here are six names favored by chip experts I recently checked in with.</p>\n<p><b>New management plays</b></p>\n<p>Though Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm&nbsp;and ON Semiconductor.</p>\n<p>Both have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. <a href=\"https://laohu8.com/S/ON\">ON Semiconductor</a> is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.</p>\n<p><b>A data center and gaming play</b></p>\n<p>Karazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.</p>\n<p><b>Design tool companies</b></p>\n<p>Speaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and <a href=\"https://laohu8.com/S/SNPS\">Synopsys</a>.</p>\n<p>Their software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.</p>\n<p><b>An EUV&nbsp;play</b></p>\n<p>To put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.</p>\n<p>In other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.</p>\n<p><b>Risks</b></p>\n<p>Here are some of the chief risks for chip sector investors to watch.</p>\n<p><b>Oversupply</b></p>\n<p>Chip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. <a href=\"https://laohu8.com/S/CAAS\">China</a> wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.</p>\n<p>The upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.</p>\n<p>Next, big tech companies like Alphabet,Apple&nbsp;and Ammazon.com&nbsp;are all doing their own chip design, which threatens specialized chip companies that do the same thing.</p>\n<p><b><a href=\"https://laohu8.com/S/QTM\">Quantum</a> computing</b></p>\n<p>Computers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”</p>\n<p><b>A disturbing signal</b></p>\n<p>A blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.</p>\n<p>Another cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory&nbsp;(DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.</p>\n<p>But it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.</p>\n<p>Ford,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.</p>\n<p>Paulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including <a href=\"https://laohu8.com/S/F\">Ford</a> cars.</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>Buy the pullback in chip stocks — and focus on these 6 companies for the long haul</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\">\nBuy the pullback in chip stocks — and focus on these 6 companies for the long haul\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-23 22:18 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares ...</p>\n\n<a href=\"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?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":{"SNPS":"新思科技","GOOGL":"谷歌A","ON":"安森美半导体","TSM":"台积电","NVDA":"英伟达","AMZN":"亚马逊","SOXX":"iShares费城交易所半导体ETF","QCOM":"高通","ASML":"阿斯麦","AAPL":"苹果","SSNLF":"三星电子","CDNS":"铿腾电子","GOOG":"谷歌"},"source_url":"https://www.marketwatch.com/story/buy-the-pullback-in-chip-stocks-and-focus-on-these-6-companies-for-the-long-haul-11629468380?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1151608193","content_text":"The iShares Semiconductor ETF is down over 6% from recent highs.\nISTOCKPHOTO\nIn the rolling correction that’s running through the stock market, chip makers have been hit harder than most.\nThe iShares Semiconductor ETF is down over 6% from recent highs, compared to declines of 2% or less for the S&P 500,Nasdaq Composite and the Dow Jones Industrial Average.\nDoes that make chip stocks a buy? Or is this historically cyclical sector up to its old tricks and headed into a sustained downtrend that will rip your face off.\nA lot depends on your timeline but if you like to own stocks for years rather than rent them for days, the group is a buy. The chief reason: “It’s different this time.”\nThose are admittedly among the scariest words in investing. But the chip sector has changed so much it really is different now – in ways that suggest it is less likely to crush you.\nYou’d be a fool to think there are no risks. I’ll go over those. But first, here are the three main reasons why the group is “safer” now – and six names favored by the half-dozen sector experts I’ve talked with over the past several days.\n1. The wicked witch of cyclicality is dead\n“Demand in the chip sector was always boom and bust, driven by product cycles,” says David Winborne, a portfolio manager at Impax Asset Management. “First PCs, then servers, then phones.” But now demand for chips has broadened across the economy so the secular growth story is more predictable, he says.\nJust look around you. Because of the increased “digitalization” of our lives and work, there’s greater diversity of end market demand from all angles. Think remote office services like Zoom, online shopping, cloud services, electric vehicles, 5G phones, smart factories, big data computing and even washing machines, points out Hendi Susanto, a portfolio manager and tech analyst at Gabelli Funds who is bullish on the group.\n“There is no aspect of the modern digital economy that can function without semiconductors,” says Motley Fool chip sector analyst John Rotonti. “That means more chips going into everything. The long-term demand is there.”\nHe’s not kidding. Chip sector revenue will double by 2030 to $1 trillion from $465 billion in 2020, predicts William Blair analyst Greg Scolaro.\nAll of this means the widespread supply shortages you’ve been hearing about “likely won’t be cured until sometime late next year,” says Bank of America chip sector analyst Vivek Arya. “That’s not just our view, but one confirmed by a majority of large customers.”\n2. The players have consolidated\nAll up and down the production chain, from design through the various types of equipment producers to manufacturing, industry players have consolidated down into what Rotonti calls “earned” duopolies or monopolies.\nIn chip design software, you have Cadence Design Systems and Synopsys.In production equipment, companies dominate specialized niches like ASML in extreme ultraviolet lithography (EUV). Manufacturing is dominated by Taiwan Semiconductor and Samsung Electronics.\nThese companies earned their niche or duopoly status by being the best at what they do. This makes them interesting for investors. The consolidation also means players behave more rationally in terms of pricing and production capacity, says Rotonti.\n3. Profitability has improved\nThis more rational behavior, combined with cost cutting, means profitability is now much higher than it was historically. “The economics of chip making has improved massively over past few years,” says Winbourne. Cash flow or EBITDA margins are often now over 30% whereas a decade ago they were in the 20% range.\nThis has implications for valuation. Though chip stocks trade at about a market multiple, they appear cheap because they are better companies, points out Lamar Villere, portfolio manager with Villere & Co. “They are not trading at a frothy multiple.”\nThe stocks to buy\nHere are six names favored by chip experts I recently checked in with.\nNew management plays\nThough Peter Karazeris, a senior equity research analyst at Thrivent, has reasons to be cautious on the group (see below), he singles out two companies whose performance may get a boost because they are under new management: Qualcomm and ON Semiconductor.\nBoth have solid profitability. Qualcomm was recently hit by one-off issues like bad weather in Texas that disrupted production, but the company has good exposure to the 5G phone trend. ON Semiconductor is expanding beyond phones into new areas like autos, industrial and the Internet of Things connected-device space.\nA data center and gaming play\nKarazeris also singles out Nvidia,which gets a continuing boost from its exposure to data center and gaming device chip demand — because of its superior design prowess.\nDesign tool companies\nSpeaking of design, when companies like Qualcomm and NVIDIA want to design chips, they turn to the design tools supplied by Cadence Design Systems and Synopsys.\nTheir software-based design tools help chip innovators create the blueprint for their chips, explains Rotonti at Motley Fool, who singles out these names. “They are not the fastest growers in the world, but they have good profit margins.” They also dominate the space.\nAn EUV play\nTo put those blueprints onto silicon in the early stages of chip production, companies like Taiwan Semiconductor and Samsung turn to ASML. Its machines use tiny bursts of light to stencil chip designs onto silicon wafers, in a process called extreme ultraviolet lithography. “No one else has figured out how to do it,” says Rotonti.\nIn other words, it has a monopoly position in supplying machines that do this – which are necessary for any company that wants to make leading edge chips.\nRisks\nHere are some of the chief risks for chip sector investors to watch.\nOversupply\nChip production has become politicized. The U.S. wants more production at home so it is not vulnerable to disruptions in Chinese supply chains. China wants to make 70% of the chips it uses by 2025, up from 5% now, says Winborne.\nThe upshot here is that there’s lots of government support to boost manufacturing – so there will be much more of it. The risk is oversupply at some point in the future. This might also create a pull forward in chip equipment purchases — leading to a lull down the road which could hurt sales and margin trends at equipment makers.\nNext, big tech companies like Alphabet,Apple and Ammazon.com are all doing their own chip design, which threatens specialized chip companies that do the same thing.\nQuantum computing\nComputers using chip designs based on quantum physics instead of traditional semiconductor architectures have superior performance, points out Scolaro at William Blair. “While it probably won’t become mainstream for at least another five years, quantum computing has the potential to transform everything from technology to healthcare.”\nA disturbing signal\nA blend of global purchasing managers (PMI) indexes peaked in April and then decelerated for three months. Meanwhile chip sales growth continued. Normally the two follow the same trend, points out Karazeris, who tracks this indicator at Thrivent. He chalks the divergence up to inventory building which is less sustainable than true end-market demand. So, he takes the divergence as a bearish signal for the chip sector.\nAnother cautionary sign comes from the forecasted weakness in pricing for dynamic random-access memory (DRAM) chips. “These are typically things you see at tops of cycles not the bottoms,” says Karazeris.\nBut it’s also possible the slowdown in the global PMI is more a reflection of chip shortages than a sign that the shortages aren’t real (and are just inventory building). “The divergence doesn’t necessarily mean that chip orders are going to roll over and die. It means chip manufacturing has to catch up,” says Leuthold economist and strategist Jim Paulsen.\nFord,for example, just announced it had to curtail production because of chip shortages, not a shortfall in underlying demand.\nPaulsen predicts decent economic growth is sustainable because of factors like high savings rates, the rebound in employment and incomes as well as pent-up demand for big ticket items. If he’s right, the continued economic strength would support demand for all the products that use chips – including Ford cars.","news_type":1},"isVote":1,"tweetType":1,"viewCount":520,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":830350380,"gmtCreate":1629016145940,"gmtModify":1676529911489,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Yo","listText":"Yo","text":"Yo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/830350380","repostId":"2159321288","repostType":4,"isVote":1,"tweetType":1,"viewCount":183,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145021791,"gmtCreate":1626183912413,"gmtModify":1703755011081,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Like my comment&nbsp;","listText":"Like my comment&nbsp;","text":"Like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/145021791","repostId":"1142482969","repostType":4,"isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881647484,"gmtCreate":1631335622948,"gmtModify":1676530532024,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehehe","listText":"Hehehe","text":"Hehehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881647484","repostId":"1127461097","repostType":4,"repost":{"id":"1127461097","kind":"news","pubTimestamp":1631324868,"share":"https://ttm.financial/m/news/1127461097?lang=&edition=full_marsco","pubTime":"2021-09-11 09:47","market":"us","language":"en","title":"One Small Step From Apple Could Mean A Giant Leap For GlobalStar","url":"https://stock-news.laohu8.com/highlight/detail?id=1127461097","media":"Seeking Alpha","summary":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>At first sight, Globalstar is just one more satellite communications play.</li>\n <li>Looking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.</li>\n <li>Being selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.</li>\n <li>Even without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.</li>\n <li>Valuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed6c50a6d200b5d8c35f4d14498600c9\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>metamorworks/iStock via Getty Images</span></p>\n<p>Globalstar's (GSAT) shares soared 40% on August 30 after a report by&nbsp;MacRumors&nbsp;which cited expert Apple (NASDAQ:AAPL) analyst&nbsp;Ming-Chi Kuo&nbsp;of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bd859c3544ffd37de25d5bc8dfe3166\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Soon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should&nbsp;allow users to issue crash reports or text messages in areas without cellular coverage.</p>\n<p>Now, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.</p>\n<p><b>Reasons for Apple to choose Globalstar</b></p>\n<p>For most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.</p>\n<p>To have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of&nbsp;97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.</p>\n<p>Therefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.</p>\n<p>This blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.</p>\n<p>For investors, the&nbsp;Snapdragon X65&nbsp;will be released in the fall of&nbsp;2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.</p>\n<p><b>Globalstar's differentiation</b></p>\n<p>Thus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.</p>\n<p>Now, satellite communications is a huge industry, estimated at $56.01 billion&nbsp;in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&amp;T (T).</p>\n<p>Here, GlobalStar seems to be having some key strengths with respect to peers.</p>\n<p>According to the company's website, its&nbsp;strategically&nbsp;placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.</p>\n<p>Pursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ab07af4d39eb03b1776e870748b773f\" tg-width=\"828\" tg-height=\"468\" width=\"100%\" height=\"auto\"><span>Source: globalstar.com</span></p>\n<p>Consequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than&nbsp;five billion mobile subscribers&nbsp;constantly move in and out of wireless coverage, representing a huge TAM.</p>\n<p>Bagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).</p>\n<p><b>The revenues</b></p>\n<p>Overall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.</p>\n<p>Looking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e8b74a670c927d2d84f1751cfd4a148\" tg-width=\"498\" tg-height=\"457\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>Interestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.</p>\n<p>Thinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at&nbsp;satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.</p>\n<p>As a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.</p>\n<p>A comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4be74c4a607fae52a664620ba3cf9d68\" tg-width=\"455\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Charts built through data from Seeking Alpha.</span></p>\n<p>Therefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.</p>\n<p>On the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.</p>\n<p>As of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional&nbsp;$37.5 million&nbsp;in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on&nbsp;June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had&nbsp;$313.4 million&nbsp;in long-term debt.</p>\n<p><b>Valuations and key takeaways</b></p>\n<p>As much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at&nbsp;10.1%&nbsp;from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.</p>\n<p>The company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.</p>\n<p>Furthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was&nbsp;-$0.01&nbsp;for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of&nbsp;20x. This signifies no buying opportunity based on fundamentals.</p>\n<p>The only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.</p>\n<p>This said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in&nbsp;high&nbsp;Price to Sales multiples of over 2000% with respect to the communications sector.</p>\n<p>Consequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event&nbsp;on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.</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>One Small Step From Apple Could Mean A Giant Leap For GlobalStar</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\">\nOne Small Step From Apple Could Mean A Giant Leap For GlobalStar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into...</p>\n\n<a href=\"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSAT":"全球星"},"source_url":"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127461097","content_text":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.\nBeing selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.\nEven without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.\nValuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.\n\nmetamorworks/iStock via Getty Images\nGlobalstar's (GSAT) shares soared 40% on August 30 after a report by MacRumors which cited expert Apple (NASDAQ:AAPL) analyst Ming-Chi Kuo of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.\nData by YCharts\nSoon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should allow users to issue crash reports or text messages in areas without cellular coverage.\nNow, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.\nReasons for Apple to choose Globalstar\nFor most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.\nTo have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of 97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.\nTherefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.\nThis blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.\nFor investors, the Snapdragon X65 will be released in the fall of 2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.\nGlobalstar's differentiation\nThus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.\nNow, satellite communications is a huge industry, estimated at $56.01 billion in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&T (T).\nHere, GlobalStar seems to be having some key strengths with respect to peers.\nAccording to the company's website, its strategically placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.\nPursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.\nSource: globalstar.com\nConsequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than five billion mobile subscribers constantly move in and out of wireless coverage, representing a huge TAM.\nBagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).\nThe revenues\nOverall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.\nLooking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.\nSource: Seeking Alpha\nInterestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.\nThinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.\nAs a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.\nA comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.\nSource: Charts built through data from Seeking Alpha.\nTherefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.\nOn the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.\nAs of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional $37.5 million in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had $313.4 million in long-term debt.\nValuations and key takeaways\nAs much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at 10.1% from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.\nThe company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.\nFurthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was -$0.01 for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of 20x. This signifies no buying opportunity based on fundamentals.\nThe only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.\nThis said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in high Price to Sales multiples of over 2000% with respect to the communications sector.\nConsequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":147666482,"gmtCreate":1626356563946,"gmtModify":1703758553176,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Like and comment&nbsp;","listText":"Like and comment&nbsp;","text":"Like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/147666482","repostId":"2151524514","repostType":4,"isVote":1,"tweetType":1,"viewCount":368,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":148588919,"gmtCreate":1625988330931,"gmtModify":1703751707621,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Like me ar !!!!!","listText":"Like me ar !!!!!","text":"Like me ar !!!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/148588919","repostId":"1112201050","repostType":4,"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":193073251,"gmtCreate":1620742316173,"gmtModify":1704347726639,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Pls like my comment","listText":"Pls like my comment","text":"Pls like my comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/193073251","repostId":"1115935783","repostType":4,"isVote":1,"tweetType":1,"viewCount":421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":888536349,"gmtCreate":1631505922681,"gmtModify":1676530560545,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/888536349","repostId":"1108703048","repostType":4,"isVote":1,"tweetType":1,"viewCount":1148,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582282988628365","authorId":"3582282988628365","name":"Biancaneve","avatar":"https://static.tigerbbs.com/c690c91e593d663e5b2aa7fa7a45cead","crmLevel":2,"crmLevelSwitch":0,"idStr":"3582282988628365","authorIdStr":"3582282988628365"},"content":"HellO! Could yOu Kindly help To like my commeNt? Thank you!","text":"HellO! Could yOu Kindly help To like my commeNt? Thank you!","html":"HellO! Could yOu Kindly help To like my commeNt? Thank you!"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883323243,"gmtCreate":1631204135582,"gmtModify":1676530496978,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883323243","repostId":"2166349857","repostType":4,"isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}