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Chiashy
2021-06-18
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Court Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries
Chiashy
2021-06-17
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U.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion
Chiashy
2021-06-15
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Chiashy
2021-06-15
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Toplines Before US Market Open on Tuesday
Chiashy
2021-06-15
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Chiashy
2021-06-15
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Chiashy
2021-06-15
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Marqeta Finalizes Proposed $1 Billion IPO Terms
Chiashy
2021-06-15
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Chiashy
2021-06-15
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'Gonna Need More Stimmies' - US Retail Sales Plunged In May
Chiashy
2021-06-15
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Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting
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21:56","market":"us","language":"en","title":"Court Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=1171510497","media":"benzinga","summary":"AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the c","content":"<div>\n<p>AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the company was not producing shots fast enough, thus missing COVID-19 vaccine deliveries.\nThe company ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","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>Court Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries</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; 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overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCourt Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 21:56 GMT+8 <a href=https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the company was not producing shots fast enough, thus missing COVID-19 vaccine deliveries.\nThe company ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN":"阿斯利康"},"source_url":"https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171510497","content_text":"AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the company was not producing shots fast enough, thus missing COVID-19 vaccine deliveries.\nThe company had planned 120 million vaccine doses cumulatively by the end of June 2021 and 300 million doses by the end of September.\nAZN intends to deliver more than 70 million by the end of the month.\nA judge ordered delivery of 80.2M doses by the end of September.\nThe judgment also acknowledged that the company experienced substantial difficulties in producing the vaccine, which explains the delay.\nLast month, the E.U.’s lawyer had asked the court to force AZN to pay €10 per dose for each day of delay as compensation for breaching the E.U. contract.\nPrice Action: AZN shares are down 0.75% at $57.91 during the premarket trading session on the last check Friday.","news_type":1,"symbols_score_info":{"AZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161799782,"gmtCreate":1623939841746,"gmtModify":1703824099756,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161799782","repostId":"2144741992","repostType":4,"repost":{"id":"2144741992","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623939530,"share":"https://ttm.financial/m/news/2144741992?lang=en_US&edition=fundamental","pubTime":"2021-06-17 22:18","market":"us","language":"en","title":"U.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion","url":"https://stock-news.laohu8.com/highlight/detail?id=2144741992","media":"Reuters","summary":"NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"ve","content":"<p>NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"very substantial\" prison sentence for trying to extort millions of dollars from Nike Inc , U.S. prosecutors told a judge.</p>\n<p>The Wednesday night recommendation came <a href=\"https://laohu8.com/S/AONE\">one</a> week after Avenatti's lawyers said their client should spend no more than six months behind bars plus <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of home confinement.</p>\n<p>U.S. District Judge Paul Gardephe is scheduled to sentence Avenatti on June 30 in <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>.</p>\n<p>Probation officers recommend eight years in prison for Avenatti, and prosecutors said federal guidelines recommend more than 11 years.</p>\n<p>Lawyers for Avenatti did not immediately respond on Thursday to requests for comment.</p>\n<p>Avenatti, 50, became famous in 2018 when he represented adult film actress Stormy Daniels in lawsuits against then-U.S. President Donald Trump.</p>\n<p>He was convicted of threatening to publicly accuse Nike of secretly paying families of college basketball prospects unless it paid him and another lawyer up to $25 million for a probe and his client, youth basketball coach Gary Franklin, $1.5 million.</p>\n<p>Jurors also convicted Avenatti of defrauding Franklin by not telling him he wouldn't settle without a probe.</p>\n<p>Avenatti \"betrayed his client and sought to enrich himself by weaponizing his public profile,\" prosecutors said. \"This was an egregious abuse of trust.\"</p>\n<p>In letters to Gardephe, Nike maintained that Avenatti's accusations were false, while Franklin said Avenatti's actions \"destroyed my reputation in my community.\"</p>\n<p>Avenatti's lawyers have said their client has suffered enough during his \"epic fall and public shaming,\" including three months in a Manhattan jail and ridicule by Trump and the former president's media supporters.</p>\n<p>They also said a recurrence was impossible because Avenatti would never again practice law.</p>\n<p>Avenatti was convicted in February 2020.</p>\n<p>He still faces two trials in California on charges he stole millions of dollars from clients and committed tax and bank fraud, and another trial in Manhattan for allegedly defrauding Daniels out of money from a book contract.</p>\n<p>Avenatti has pleaded not guilty to all charges.</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>U.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion</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\">\nU.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 22:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"very substantial\" prison sentence for trying to extort millions of dollars from Nike Inc , U.S. prosecutors told a judge.</p>\n<p>The Wednesday night recommendation came <a href=\"https://laohu8.com/S/AONE\">one</a> week after Avenatti's lawyers said their client should spend no more than six months behind bars plus <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of home confinement.</p>\n<p>U.S. District Judge Paul Gardephe is scheduled to sentence Avenatti on June 30 in <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>.</p>\n<p>Probation officers recommend eight years in prison for Avenatti, and prosecutors said federal guidelines recommend more than 11 years.</p>\n<p>Lawyers for Avenatti did not immediately respond on Thursday to requests for comment.</p>\n<p>Avenatti, 50, became famous in 2018 when he represented adult film actress Stormy Daniels in lawsuits against then-U.S. President Donald Trump.</p>\n<p>He was convicted of threatening to publicly accuse Nike of secretly paying families of college basketball prospects unless it paid him and another lawyer up to $25 million for a probe and his client, youth basketball coach Gary Franklin, $1.5 million.</p>\n<p>Jurors also convicted Avenatti of defrauding Franklin by not telling him he wouldn't settle without a probe.</p>\n<p>Avenatti \"betrayed his client and sought to enrich himself by weaponizing his public profile,\" prosecutors said. \"This was an egregious abuse of trust.\"</p>\n<p>In letters to Gardephe, Nike maintained that Avenatti's accusations were false, while Franklin said Avenatti's actions \"destroyed my reputation in my community.\"</p>\n<p>Avenatti's lawyers have said their client has suffered enough during his \"epic fall and public shaming,\" including three months in a Manhattan jail and ridicule by Trump and the former president's media supporters.</p>\n<p>They also said a recurrence was impossible because Avenatti would never again practice law.</p>\n<p>Avenatti was convicted in February 2020.</p>\n<p>He still faces two trials in California on charges he stole millions of dollars from clients and committed tax and bank fraud, and another trial in Manhattan for allegedly defrauding Daniels out of money from a book contract.</p>\n<p>Avenatti has pleaded not guilty to all charges.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKE":"耐克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144741992","content_text":"NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"very substantial\" prison sentence for trying to extort millions of dollars from Nike Inc , U.S. prosecutors told a judge.\nThe Wednesday night recommendation came one week after Avenatti's lawyers said their client should spend no more than six months behind bars plus one year of home confinement.\nU.S. District Judge Paul Gardephe is scheduled to sentence Avenatti on June 30 in Manhattan.\nProbation officers recommend eight years in prison for Avenatti, and prosecutors said federal guidelines recommend more than 11 years.\nLawyers for Avenatti did not immediately respond on Thursday to requests for comment.\nAvenatti, 50, became famous in 2018 when he represented adult film actress Stormy Daniels in lawsuits against then-U.S. President Donald Trump.\nHe was convicted of threatening to publicly accuse Nike of secretly paying families of college basketball prospects unless it paid him and another lawyer up to $25 million for a probe and his client, youth basketball coach Gary Franklin, $1.5 million.\nJurors also convicted Avenatti of defrauding Franklin by not telling him he wouldn't settle without a probe.\nAvenatti \"betrayed his client and sought to enrich himself by weaponizing his public profile,\" prosecutors said. \"This was an egregious abuse of trust.\"\nIn letters to Gardephe, Nike maintained that Avenatti's accusations were false, while Franklin said Avenatti's actions \"destroyed my reputation in my community.\"\nAvenatti's lawyers have said their client has suffered enough during his \"epic fall and public shaming,\" including three months in a Manhattan jail and ridicule by Trump and the former president's media supporters.\nThey also said a recurrence was impossible because Avenatti would never again practice law.\nAvenatti was convicted in February 2020.\nHe still faces two trials in California on charges he stole millions of dollars from clients and committed tax and bank fraud, and another trial in Manhattan for allegedly defrauding Daniels out of money from a book contract.\nAvenatti has pleaded not guilty to all charges.","news_type":1,"symbols_score_info":{"NKE":0.9}},"isVote":1,"tweetType":1,"viewCount":1380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160945729,"gmtCreate":1623770711861,"gmtModify":1703818961214,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160945729","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160942785,"gmtCreate":1623770697647,"gmtModify":1703818960240,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160942785","repostId":"1127660571","repostType":4,"repost":{"id":"1127660571","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":1623760680,"share":"https://ttm.financial/m/news/1127660571?lang=en_US&edition=fundamental","pubTime":"2021-06-15 20:38","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127660571","media":"Tiger Newspress","summary":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record clo","content":"<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15) <b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b> Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more</b></p>\n<p><b>1) Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2) Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3) Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4) Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5) Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6) Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7) Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8) AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9) Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10) Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11) Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12) Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</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>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\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\">2021-06-15 20:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15) <b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b> Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more</b></p>\n<p><b>1) Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2) Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3) Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4) Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5) Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6) Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7) Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8) AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9) Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10) Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11) Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12) Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127660571","content_text":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.\nIncrease in in PPI over past 12 months rises to 6.6% from 6.2%.\nU.S. retail sales minus gas and autos fall 0.8% in May.\nU.S. retail sales minus gas and autos fall 0.8% in May.\n\n(June 15) Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record. Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nOn a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.\nStock Market\nU.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.\nFutures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.\nAt 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.\n\nInvestors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.\nStocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more\n1) Vroom(VRM) – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.\n2) Ping Identity(PING) – Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.\n3) Sage Therapeutics(SAGE) – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.\n4) Boeing(BA) – The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.\n5) Exxon Mobil(XOM) – Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.\n6) Spirit Airlines(SAVE) – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.\n7) Fastenal(FAST) – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.\n8) AstraZeneca(AZN) – AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.\n9) Cracker Barrel(CBRL) – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.\n10) Novavax(NVAX) – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.\n11) Intuit(INTU) – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.\n12) Vimeo(VMEO) – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160942966,"gmtCreate":1623770678455,"gmtModify":1703818958945,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160942966","repostId":"1150591447","repostType":4,"isVote":1,"tweetType":1,"viewCount":1407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160946210,"gmtCreate":1623770662030,"gmtModify":1703818958279,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160946210","repostId":"1146386859","repostType":2,"isVote":1,"tweetType":1,"viewCount":1697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160948174,"gmtCreate":1623770613498,"gmtModify":1703818956490,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160948174","repostId":"1168660949","repostType":2,"repost":{"id":"1168660949","kind":"news","pubTimestamp":1623245132,"share":"https://ttm.financial/m/news/1168660949?lang=en_US&edition=fundamental","pubTime":"2021-06-09 21:25","market":"us","language":"en","title":"Marqeta Finalizes Proposed $1 Billion IPO Terms","url":"https://stock-news.laohu8.com/highlight/detail?id=1168660949","media":"seekingalpha","summary":"SummaryMarqeta has filed terms for its $1 billion IPO.The firm provides credit card issuing products and related services to businesses worldwide.MQ is growing rapidly, producing copious free cash flow, and the IPO appears reasonably valued, so is worth a close look.Quick Take. The company provides customized credit card issuing and related services to businesses worldwide.MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven","content":"<h4>Summary</h4><ul><li>Marqeta has filed terms for its $1 billion IPO.</li><li>The firm provides credit card issuing products and related services to businesses worldwide.</li><li>MQ is growing rapidly, producing copious free cash flow, and the IPO appears reasonably valued, so is worth a close look.</li></ul><h4>Quick Take</h4><p>Marqeta (MQ) has filed to raise $1 billion from the sale of its Class A common stock in an IPO, according to an amendedregistration statement.</p><p>The company provides customized credit card issuing and related services to businesses worldwide.</p><p>MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued given the firm's growth trajectory.</p><h4>Company & Technology</h4><p>Oakland, California-based Marqeta was founded to develop a platform to digitize commercial payments between businesses and their customers via its open APIs.</p><p>Management is headed by founder, Chairperson and CEO Jason Gardner, who was previously co-founder of PropertyBridge.</p><p>The company’s primary offerings include:</p><ul><li><p>Issuing - physical, virtual or tokenized cards</p></li><li><p>Processing - transaction processing</p></li><li><p>Applications - development tools, administration, anti-fraud, chargebacks</p></li></ul><p>Marqeta has received at least $502 million in equity investment from investors including 83North, DFS Services, Granite Ventures, ICONIQ, and Coatue.</p><h4>Customer/User Acquisition</h4><p>MQ seeks relationships with technology-forward firms via direct sales and marketing teams.</p><p>In 2020, the company processed $60.1 billion of total processing volume, an increase of 177% from 2019's result.</p><p>Compensation & Benefits expenses as a percentage of total revenue have dropped as revenues have increased, as the figures below indicate:</p><p></p><table><colgroup></colgroup><tbody><tr><td><p><b>Compensation & Benefits</b></p></td><td><p><b>Expenses vs. Revenue</b></p></td></tr><tr><td><p>Period</p></td><td><p>Percentage</p></td></tr><tr><td><p>Three Mos. Ended March 31, 2021</p></td><td><p>41.5%</p></td></tr><tr><td><p>2020</p></td><td><p>43.7%</p></td></tr><tr><td><p>2019</p></td><td><p>60.4%</p></td></tr></tbody></table><p>The Compensation & Benefits efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Compensation & Benefits spend, rose to 1.3x in the most recent reporting period, as shown in the table below:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Compensation & Benefits</b></p></td><td><p><b>Efficiency Rate</b></p></td></tr><tr><td><p>Period</p></td><td><p>Multiple</p></td></tr><tr><td><p>Three Mos. Ended March 31, 2021</p></td><td><p>1.3</p></td></tr><tr><td><p>2020</p></td><td><p>1.2</p></td></tr></tbody></table><p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p><p>MQ’s most recent calculation was 113% as of March 31, 2021, so the firm has performed at an extremely high level in this regard, per the table below:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Rule of 40</b></p></td><td><p><b>Calculation</b></p></td></tr><tr><td><p>Recent Rev. Growth %</p></td><td><p>123%</p></td></tr><tr><td><p>EBITDA %</p></td><td><p>-10%</p></td></tr><tr><td><p>Total</p></td><td><p>113%</p></td></tr></tbody></table><p>The firm’s dollar based net revenue retention rate in 2019 and 2020 was an extremely high 200%. A figure over 100% means the firm is generating incremental revenue from the same customer cohort and indicates strong product/market fit and efficient sales & marketing efforts. (Source)</p><p>Notably, 70% of its total revenue base came from one customer, Square (SQ).</p><h4>Market & Competition</h4><p>According to a 2020 marketresearch reportby IBISWorld, the U.S. market for credit card issuing will be an estimated $98.9 billion in 2021.</p><p>This represents an expected average annualized market growth of 0.5% from 2016 to 2021.</p><p>The main drivers for this expected growth are a continued rise in aggregate household debt and per capita disposable income.</p><p>Also, e-commerce sales represent a strong growth vector for innovative card issuance capabilities.</p><p>Major competitive or other industry participants include:</p><ul><li><p>Global Payments</p></li><li><p>Fiserv</p></li><li><p>Fidelity National Information Service</p></li><li><p>Wex</p></li><li><p>Comdata</p></li><li><p>Adyen</p></li><li><p>Stripe</p></li><li><p>Others</p></li></ul><h4>Financial Performance</h4><p>Marqeta’s recent financial results can be summarized as follows:</p><ul><li><p>Sharply growing top-line revenue, at an accelerating rate of growth</p></li><li><p>Increasing gross profit and gross margin trending upward</p></li><li><p>Reduced operating loss and net loss</p></li><li><p>Increasing cash flow from operations</p></li></ul><p>As of March 31, 2021, Marqeta had $247.6 million in cash and $193.5 million in total liabilities.</p><p>Free cash flow during the twelve months ended March 31, 2021, was $74.2 million.</p><h4>IPO Details</h4><p>MQ intends to sell 45.5 million shares of Class A common stock at a proposed midpoint price of $22.00 per share for gross proceeds of approximately $1 billion, not including the sale of customary underwriter options.</p><p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p><p>Class A common stockholders will be entitled to one vote per share and Class B shareholders will receive ten votes per share.</p><p>The S&P 500 Index no longer admits firms with multiple classes of stock into their index.</p><p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $10.3 billion.</p><p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.57%.</p><p>Per the most recent regulatory filing, the firm plans to use the net proceeds as follows:</p><blockquote>We currently intend to use the net proceeds that we will receive from this offering for working capital and other general corporate purposes and to fund our growth strategies, including continued investments in our business globally. We may also use a portion of the net proceeds that we receive to acquire or invest in complementary businesses, products, services, technologies, or other assets. We do not, however, have any agreements or commitments to enter into any acquisitions or investments at this time.(Source)</blockquote><p>Management’s presentation of the company roadshow is not available.</p><p>Listed underwriters of the IPO are Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair, KeyBanc Capital Markets, Nomura, HSBC, R. Seelaus & Co., and Siebert Williams Shank.</p><h4>Valuation Metrics</h4><p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Measure [TTM]</b></p></td><td><p><b>Amount</b></p></td></tr><tr><td><p>Market Capitalization at IPO</p></td><td><p>$11,665,409,822</p></td></tr><tr><td><p>Enterprise Value</p></td><td><p>$10,344,452,822</p></td></tr><tr><td><p>Price / Sales</p></td><td><p>33.34</p></td></tr><tr><td><p>EV / Revenue</p></td><td><p>29.57</p></td></tr><tr><td><p>EV / EBITDA</p></td><td><p>-242.11</p></td></tr><tr><td><p>Earnings Per Share</p></td><td><p>-$0.09</p></td></tr><tr><td><p>Float To Outstanding Shares Ratio</p></td><td><p>8.57%</p></td></tr><tr><td><p>Proposed IPO Midpoint Price per Share</p></td><td><p>$22.00</p></td></tr><tr><td><p>Net Free Cash Flow</p></td><td><p>$74,216,000</p></td></tr><tr><td><p>Free Cash Flow Yield Per Share</p></td><td><p>0.64%</p></td></tr><tr><td><p>Revenue Growth Rate</p></td><td><p>123.16%</p></td></tr><tr><td><p>(Glossary Of Terms)</p></td></tr></tbody></table><p>(Source)</p><p>As a reference, a potential partial public comparable would be Adyen (OTCPK:ADYEY); shown below is a comparison of their primary valuation metrics:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Metric</b></p></td><td><p><b>Adyen</b></p></td><td><p><b>Marqeta</b></p></td><td><p><b>Variance</b></p></td></tr><tr><td><p>Price / Sales</p></td><td><p>12.85</p></td><td><p>33.34</p></td><td><p>159.5%</p></td></tr><tr><td><p>EV / Revenue</p></td><td><p>15.08</p></td><td><p>29.57</p></td><td><p>96.1%</p></td></tr><tr><td><p>EV / EBITDA</p></td><td><p>142.64</p></td><td><p>-242.11</p></td><td><p>-269.7%</p></td></tr><tr><td><p>Revenue Growth Rate</p></td><td><p>37.1%</p></td><td><p>123.16%</p></td><td><p>232.33%</p></td></tr><tr><td><p>(Glossary Of Terms)</p></td></tr></tbody></table><p>(S-1andSeeking Alpha)</p><p>The firm’s last private market valuation was reported as $16 billion, so the IPO will represent a significant decrease in valuation of approximately 35% from that valuation.</p><h4>Commentary</h4><p>MQ is seeking public investment as itposts impressive revenue growth results.</p><p>The firm’s financials show accelerating top-line revenue growth and gross profit growth, reduced operating losses and negative operating margin, and increasing cash flow from operations.</p><p>Free cash flow for the twelve months ended March 31, 2021, was an enviable $74.2 million.</p><p>Sales and Marketing expenses as a percentage of total revenue have dropped as revenues have increased sharply and its Sales and Marketing efficiency rate rose slightly to 1.3x.</p><p>Notably, its Rule of 40 metric was extremely impressive and its dollar-based net retention rate of 200% was the highest I’ve seen.</p><p>The market opportunity for credit card issuing in all its forms is large and MQ appears to be quickly taking market share from existing players and parlaying its relationship with Square for company growth.</p><p>Goldman Sachs is the lead underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.4% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p><p>The primary risk to the company’s outlook is its high customer concentration as the firm relied on Square for 70% of its total revenue in 2020. This level of concentration is unusual for a SaaS firm.</p><p>As for valuation, compared to partial comparable Adyen, MQ is pursuing significantly higher revenue multiples at IPO, but the firm is growing top-line revenue far faster than Adyen.</p><p>In addition, if reports are correct, the IPO appears to be at a lower valuation than private share sales.</p><p>MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued, so is worth a consideration.</p><p>Expected IPO Pricing Date: June 8, 2021.</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>Marqeta Finalizes Proposed $1 Billion IPO Terms</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; 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}\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\">\nMarqeta Finalizes Proposed $1 Billion IPO Terms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 21:25 GMT+8 <a href=https://seekingalpha.com/article/4432445-ipo-update-marqeta-finalizes-proposed-1-billion-ipo-terms><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMarqeta has filed terms for its $1 billion IPO.The firm provides credit card issuing products and related services to businesses worldwide.MQ is growing rapidly, producing copious free cash ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432445-ipo-update-marqeta-finalizes-proposed-1-billion-ipo-terms\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76a5f973ee63cb45a72044f57e3a023d","relate_stocks":{"MQ":"Marqeta, Inc."},"source_url":"https://seekingalpha.com/article/4432445-ipo-update-marqeta-finalizes-proposed-1-billion-ipo-terms","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168660949","content_text":"SummaryMarqeta has filed terms for its $1 billion IPO.The firm provides credit card issuing products and related services to businesses worldwide.MQ is growing rapidly, producing copious free cash flow, and the IPO appears reasonably valued, so is worth a close look.Quick TakeMarqeta (MQ) has filed to raise $1 billion from the sale of its Class A common stock in an IPO, according to an amendedregistration statement.The company provides customized credit card issuing and related services to businesses worldwide.MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued given the firm's growth trajectory.Company & TechnologyOakland, California-based Marqeta was founded to develop a platform to digitize commercial payments between businesses and their customers via its open APIs.Management is headed by founder, Chairperson and CEO Jason Gardner, who was previously co-founder of PropertyBridge.The company’s primary offerings include:Issuing - physical, virtual or tokenized cardsProcessing - transaction processingApplications - development tools, administration, anti-fraud, chargebacksMarqeta has received at least $502 million in equity investment from investors including 83North, DFS Services, Granite Ventures, ICONIQ, and Coatue.Customer/User AcquisitionMQ seeks relationships with technology-forward firms via direct sales and marketing teams.In 2020, the company processed $60.1 billion of total processing volume, an increase of 177% from 2019's result.Compensation & Benefits expenses as a percentage of total revenue have dropped as revenues have increased, as the figures below indicate:Compensation & BenefitsExpenses vs. RevenuePeriodPercentageThree Mos. Ended March 31, 202141.5%202043.7%201960.4%The Compensation & Benefits efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Compensation & Benefits spend, rose to 1.3x in the most recent reporting period, as shown in the table below:Compensation & BenefitsEfficiency RatePeriodMultipleThree Mos. Ended March 31, 20211.320201.2The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.MQ’s most recent calculation was 113% as of March 31, 2021, so the firm has performed at an extremely high level in this regard, per the table below:Rule of 40CalculationRecent Rev. Growth %123%EBITDA %-10%Total113%The firm’s dollar based net revenue retention rate in 2019 and 2020 was an extremely high 200%. A figure over 100% means the firm is generating incremental revenue from the same customer cohort and indicates strong product/market fit and efficient sales & marketing efforts. (Source)Notably, 70% of its total revenue base came from one customer, Square (SQ).Market & CompetitionAccording to a 2020 marketresearch reportby IBISWorld, the U.S. market for credit card issuing will be an estimated $98.9 billion in 2021.This represents an expected average annualized market growth of 0.5% from 2016 to 2021.The main drivers for this expected growth are a continued rise in aggregate household debt and per capita disposable income.Also, e-commerce sales represent a strong growth vector for innovative card issuance capabilities.Major competitive or other industry participants include:Global PaymentsFiservFidelity National Information ServiceWexComdataAdyenStripeOthersFinancial PerformanceMarqeta’s recent financial results can be summarized as follows:Sharply growing top-line revenue, at an accelerating rate of growthIncreasing gross profit and gross margin trending upwardReduced operating loss and net lossIncreasing cash flow from operationsAs of March 31, 2021, Marqeta had $247.6 million in cash and $193.5 million in total liabilities.Free cash flow during the twelve months ended March 31, 2021, was $74.2 million.IPO DetailsMQ intends to sell 45.5 million shares of Class A common stock at a proposed midpoint price of $22.00 per share for gross proceeds of approximately $1 billion, not including the sale of customary underwriter options.No existing shareholders have indicated an interest to purchase shares at the IPO price.Class A common stockholders will be entitled to one vote per share and Class B shareholders will receive ten votes per share.The S&P 500 Index no longer admits firms with multiple classes of stock into their index.Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $10.3 billion.Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.57%.Per the most recent regulatory filing, the firm plans to use the net proceeds as follows:We currently intend to use the net proceeds that we will receive from this offering for working capital and other general corporate purposes and to fund our growth strategies, including continued investments in our business globally. We may also use a portion of the net proceeds that we receive to acquire or invest in complementary businesses, products, services, technologies, or other assets. We do not, however, have any agreements or commitments to enter into any acquisitions or investments at this time.(Source)Management’s presentation of the company roadshow is not available.Listed underwriters of the IPO are Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair, KeyBanc Capital Markets, Nomura, HSBC, R. Seelaus & Co., and Siebert Williams Shank.Valuation MetricsBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:Measure [TTM]AmountMarket Capitalization at IPO$11,665,409,822Enterprise Value$10,344,452,822Price / Sales33.34EV / Revenue29.57EV / EBITDA-242.11Earnings Per Share-$0.09Float To Outstanding Shares Ratio8.57%Proposed IPO Midpoint Price per Share$22.00Net Free Cash Flow$74,216,000Free Cash Flow Yield Per Share0.64%Revenue Growth Rate123.16%(Glossary Of Terms)(Source)As a reference, a potential partial public comparable would be Adyen (OTCPK:ADYEY); shown below is a comparison of their primary valuation metrics:MetricAdyenMarqetaVariancePrice / Sales12.8533.34159.5%EV / Revenue15.0829.5796.1%EV / EBITDA142.64-242.11-269.7%Revenue Growth Rate37.1%123.16%232.33%(Glossary Of Terms)(S-1andSeeking Alpha)The firm’s last private market valuation was reported as $16 billion, so the IPO will represent a significant decrease in valuation of approximately 35% from that valuation.CommentaryMQ is seeking public investment as itposts impressive revenue growth results.The firm’s financials show accelerating top-line revenue growth and gross profit growth, reduced operating losses and negative operating margin, and increasing cash flow from operations.Free cash flow for the twelve months ended March 31, 2021, was an enviable $74.2 million.Sales and Marketing expenses as a percentage of total revenue have dropped as revenues have increased sharply and its Sales and Marketing efficiency rate rose slightly to 1.3x.Notably, its Rule of 40 metric was extremely impressive and its dollar-based net retention rate of 200% was the highest I’ve seen.The market opportunity for credit card issuing in all its forms is large and MQ appears to be quickly taking market share from existing players and parlaying its relationship with Square for company growth.Goldman Sachs is the lead underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.4% since their IPO. This is a mid-tier performance for all major underwriters during the period.The primary risk to the company’s outlook is its high customer concentration as the firm relied on Square for 70% of its total revenue in 2020. This level of concentration is unusual for a SaaS firm.As for valuation, compared to partial comparable Adyen, MQ is pursuing significantly higher revenue multiples at IPO, but the firm is growing top-line revenue far faster than Adyen.In addition, if reports are correct, the IPO appears to be at a lower valuation than private share sales.MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued, so is worth a consideration.Expected IPO Pricing Date: June 8, 2021.","news_type":1,"symbols_score_info":{"MQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160941133,"gmtCreate":1623770574722,"gmtModify":1703818955172,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160941133","repostId":"1146386859","repostType":2,"isVote":1,"tweetType":1,"viewCount":1494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160927865,"gmtCreate":1623770154357,"gmtModify":1703818936044,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160927865","repostId":"1175229651","repostType":4,"repost":{"id":"1175229651","kind":"news","pubTimestamp":1623761854,"share":"https://ttm.financial/m/news/1175229651?lang=en_US&edition=fundamental","pubTime":"2021-06-15 20:57","market":"us","language":"en","title":"'Gonna Need More Stimmies' - US Retail Sales Plunged In May","url":"https://stock-news.laohu8.com/highlight/detail?id=1175229651","media":"zerohedge","summary":"With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in ret","content":"<p>With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (<i>confirming BofA's recent perfect streak of predictions</i>), but the data was even worse, tumbling 1.3% MoM...</p>\n<p><img src=\"https://static.tigerbbs.com/45b8615441c602f54053c2e255ce180a\" tg-width=\"500\" tg-height=\"274\"><i>Source: Bloomberg</i></p>\n<p>Given the expected impact of autos from the chip shortage,<b>a \"cleaner\" number of the Ex-Autos print which was also a disaster,</b>tumbling 0.7% MoM (much worse than the 0.4% improvement expected)</p>\n<p><img src=\"https://static.tigerbbs.com/29613437d5cc305349ea8b7f9b50ab0f\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p>\n<p>BofA's forecasts nailed it again:</p>\n<ul>\n <li>BofA said retail headline -1.4%, came in at -1.4%</li>\n <li>BofA said retail ex auto -0.6%, came in at -0.7%</li>\n</ul>\n<p>Building Materials saw the biggest drop, along with Motor Vehicles (as noted above). Nonstore retailers (online) also saw a decline in sales...</p>\n<p><img src=\"https://static.tigerbbs.com/6d94f95a16decd0cf5893fd4408feb6c\" tg-width=\"500\" tg-height=\"435\">As the base effect wears off so the insane YoY comps ease back too...</p>\n<p><img src=\"https://static.tigerbbs.com/049936d252903cc97f3b4cd8abec9044\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p>\n<p>Finally, we note that retail inventories (supply) has reached a record low relative to retail sales (demand)...</p>\n<p><img src=\"https://static.tigerbbs.com/70b0549aa7160c7d4b2b96a17a25d15d\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p>\n<p>How will The Fed interpret this? Transitory supply distress?</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>'Gonna Need More Stimmies' - US Retail Sales Plunged In May</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\">\n'Gonna Need More Stimmies' - US Retail Sales Plunged In May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 20:57 GMT+8 <a href=https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, ...</p>\n\n<a href=\"https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175229651","content_text":"With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, tumbling 1.3% MoM...\nSource: Bloomberg\nGiven the expected impact of autos from the chip shortage,a \"cleaner\" number of the Ex-Autos print which was also a disaster,tumbling 0.7% MoM (much worse than the 0.4% improvement expected)\nSource: Bloomberg\nBofA's forecasts nailed it again:\n\nBofA said retail headline -1.4%, came in at -1.4%\nBofA said retail ex auto -0.6%, came in at -0.7%\n\nBuilding Materials saw the biggest drop, along with Motor Vehicles (as noted above). Nonstore retailers (online) also saw a decline in sales...\nAs the base effect wears off so the insane YoY comps ease back too...\nSource: Bloomberg\nFinally, we note that retail inventories (supply) has reached a record low relative to retail sales (demand)...\nSource: Bloomberg\nHow will The Fed interpret this? Transitory supply distress?","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160925697,"gmtCreate":1623770085019,"gmtModify":1703818933783,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3575318576754118","authorIdStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160925697","repostId":"1146320033","repostType":4,"repost":{"id":"1146320033","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":1623764131,"share":"https://ttm.financial/m/news/1146320033?lang=en_US&edition=fundamental","pubTime":"2021-06-15 21:35","market":"us","language":"en","title":"Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1146320033","media":"Tiger Newspress","summary":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy","content":"<p>(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></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>Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting</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\">\nDow rises slightly, S&P 500 adds to a record ahead of key Fed meeting\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\">2021-06-15 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146320033","content_text":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.\nThe S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.\nOCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.\n\nDraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":161799782,"gmtCreate":1623939841746,"gmtModify":1703824099756,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/161799782","repostId":"2144741992","repostType":4,"repost":{"id":"2144741992","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623939530,"share":"https://ttm.financial/m/news/2144741992?lang=en_US&edition=fundamental","pubTime":"2021-06-17 22:18","market":"us","language":"en","title":"U.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion","url":"https://stock-news.laohu8.com/highlight/detail?id=2144741992","media":"Reuters","summary":"NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"ve","content":"<p>NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"very substantial\" prison sentence for trying to extort millions of dollars from Nike Inc , U.S. prosecutors told a judge.</p>\n<p>The Wednesday night recommendation came <a href=\"https://laohu8.com/S/AONE\">one</a> week after Avenatti's lawyers said their client should spend no more than six months behind bars plus <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of home confinement.</p>\n<p>U.S. District Judge Paul Gardephe is scheduled to sentence Avenatti on June 30 in <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>.</p>\n<p>Probation officers recommend eight years in prison for Avenatti, and prosecutors said federal guidelines recommend more than 11 years.</p>\n<p>Lawyers for Avenatti did not immediately respond on Thursday to requests for comment.</p>\n<p>Avenatti, 50, became famous in 2018 when he represented adult film actress Stormy Daniels in lawsuits against then-U.S. President Donald Trump.</p>\n<p>He was convicted of threatening to publicly accuse Nike of secretly paying families of college basketball prospects unless it paid him and another lawyer up to $25 million for a probe and his client, youth basketball coach Gary Franklin, $1.5 million.</p>\n<p>Jurors also convicted Avenatti of defrauding Franklin by not telling him he wouldn't settle without a probe.</p>\n<p>Avenatti \"betrayed his client and sought to enrich himself by weaponizing his public profile,\" prosecutors said. \"This was an egregious abuse of trust.\"</p>\n<p>In letters to Gardephe, Nike maintained that Avenatti's accusations were false, while Franklin said Avenatti's actions \"destroyed my reputation in my community.\"</p>\n<p>Avenatti's lawyers have said their client has suffered enough during his \"epic fall and public shaming,\" including three months in a Manhattan jail and ridicule by Trump and the former president's media supporters.</p>\n<p>They also said a recurrence was impossible because Avenatti would never again practice law.</p>\n<p>Avenatti was convicted in February 2020.</p>\n<p>He still faces two trials in California on charges he stole millions of dollars from clients and committed tax and bank fraud, and another trial in Manhattan for allegedly defrauding Daniels out of money from a book contract.</p>\n<p>Avenatti has pleaded not guilty to all charges.</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>U.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion</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; 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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\">\nU.S. urges 'very substantial' prison term for Michael Avenatti over Nike extortion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-17 22:18</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"very substantial\" prison sentence for trying to extort millions of dollars from Nike Inc , U.S. prosecutors told a judge.</p>\n<p>The Wednesday night recommendation came <a href=\"https://laohu8.com/S/AONE\">one</a> week after Avenatti's lawyers said their client should spend no more than six months behind bars plus <a href=\"https://laohu8.com/S/AONE.U\">one</a> year of home confinement.</p>\n<p>U.S. District Judge Paul Gardephe is scheduled to sentence Avenatti on June 30 in <a href=\"https://laohu8.com/S/MHC.AU\">Manhattan</a>.</p>\n<p>Probation officers recommend eight years in prison for Avenatti, and prosecutors said federal guidelines recommend more than 11 years.</p>\n<p>Lawyers for Avenatti did not immediately respond on Thursday to requests for comment.</p>\n<p>Avenatti, 50, became famous in 2018 when he represented adult film actress Stormy Daniels in lawsuits against then-U.S. President Donald Trump.</p>\n<p>He was convicted of threatening to publicly accuse Nike of secretly paying families of college basketball prospects unless it paid him and another lawyer up to $25 million for a probe and his client, youth basketball coach Gary Franklin, $1.5 million.</p>\n<p>Jurors also convicted Avenatti of defrauding Franklin by not telling him he wouldn't settle without a probe.</p>\n<p>Avenatti \"betrayed his client and sought to enrich himself by weaponizing his public profile,\" prosecutors said. \"This was an egregious abuse of trust.\"</p>\n<p>In letters to Gardephe, Nike maintained that Avenatti's accusations were false, while Franklin said Avenatti's actions \"destroyed my reputation in my community.\"</p>\n<p>Avenatti's lawyers have said their client has suffered enough during his \"epic fall and public shaming,\" including three months in a Manhattan jail and ridicule by Trump and the former president's media supporters.</p>\n<p>They also said a recurrence was impossible because Avenatti would never again practice law.</p>\n<p>Avenatti was convicted in February 2020.</p>\n<p>He still faces two trials in California on charges he stole millions of dollars from clients and committed tax and bank fraud, and another trial in Manhattan for allegedly defrauding Daniels out of money from a book contract.</p>\n<p>Avenatti has pleaded not guilty to all charges.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NKE":"耐克"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2144741992","content_text":"NEW YORK, June 17 (Reuters) - The once high-flying California lawyer Michael Avenatti deserves a \"very substantial\" prison sentence for trying to extort millions of dollars from Nike Inc , U.S. prosecutors told a judge.\nThe Wednesday night recommendation came one week after Avenatti's lawyers said their client should spend no more than six months behind bars plus one year of home confinement.\nU.S. District Judge Paul Gardephe is scheduled to sentence Avenatti on June 30 in Manhattan.\nProbation officers recommend eight years in prison for Avenatti, and prosecutors said federal guidelines recommend more than 11 years.\nLawyers for Avenatti did not immediately respond on Thursday to requests for comment.\nAvenatti, 50, became famous in 2018 when he represented adult film actress Stormy Daniels in lawsuits against then-U.S. President Donald Trump.\nHe was convicted of threatening to publicly accuse Nike of secretly paying families of college basketball prospects unless it paid him and another lawyer up to $25 million for a probe and his client, youth basketball coach Gary Franklin, $1.5 million.\nJurors also convicted Avenatti of defrauding Franklin by not telling him he wouldn't settle without a probe.\nAvenatti \"betrayed his client and sought to enrich himself by weaponizing his public profile,\" prosecutors said. \"This was an egregious abuse of trust.\"\nIn letters to Gardephe, Nike maintained that Avenatti's accusations were false, while Franklin said Avenatti's actions \"destroyed my reputation in my community.\"\nAvenatti's lawyers have said their client has suffered enough during his \"epic fall and public shaming,\" including three months in a Manhattan jail and ridicule by Trump and the former president's media supporters.\nThey also said a recurrence was impossible because Avenatti would never again practice law.\nAvenatti was convicted in February 2020.\nHe still faces two trials in California on charges he stole millions of dollars from clients and committed tax and bank fraud, and another trial in Manhattan for allegedly defrauding Daniels out of money from a book contract.\nAvenatti has pleaded not guilty to all charges.","news_type":1,"symbols_score_info":{"NKE":0.9}},"isVote":1,"tweetType":1,"viewCount":1380,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":166784433,"gmtCreate":1624025357722,"gmtModify":1703826939568,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/166784433","repostId":"1171510497","repostType":4,"repost":{"id":"1171510497","kind":"news","pubTimestamp":1624024592,"share":"https://ttm.financial/m/news/1171510497?lang=en_US&edition=fundamental","pubTime":"2021-06-18 21:56","market":"us","language":"en","title":"Court Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries","url":"https://stock-news.laohu8.com/highlight/detail?id=1171510497","media":"benzinga","summary":"AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the c","content":"<div>\n<p>AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the company was not producing shots fast enough, thus missing COVID-19 vaccine deliveries.\nThe company ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries\">Source Link</a>\n\n</div>\n","source":"lsy1606299360108","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>Court Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries</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{ 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.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\">\nCourt Rules In Favor Of AstraZeneca Over Delay In COVID-19 Shot Deliveries\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-18 21:56 GMT+8 <a href=https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the company was not producing shots fast enough, thus missing COVID-19 vaccine deliveries.\nThe company ...</p>\n\n<a href=\"https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AZN":"阿斯利康"},"source_url":"https://www.benzinga.com/general/biotech/21/06/21625016/court-rules-in-favor-of-astrazeneca-over-delay-in-covid-19-shot-deliveries","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1171510497","content_text":"AstraZeneca Plc claims victory in a court tussle with the European Union over allegations that the company was not producing shots fast enough, thus missing COVID-19 vaccine deliveries.\nThe company had planned 120 million vaccine doses cumulatively by the end of June 2021 and 300 million doses by the end of September.\nAZN intends to deliver more than 70 million by the end of the month.\nA judge ordered delivery of 80.2M doses by the end of September.\nThe judgment also acknowledged that the company experienced substantial difficulties in producing the vaccine, which explains the delay.\nLast month, the E.U.’s lawyer had asked the court to force AZN to pay €10 per dose for each day of delay as compensation for breaching the E.U. contract.\nPrice Action: AZN shares are down 0.75% at $57.91 during the premarket trading session on the last check Friday.","news_type":1,"symbols_score_info":{"AZN":0.9}},"isVote":1,"tweetType":1,"viewCount":1504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160945729,"gmtCreate":1623770711861,"gmtModify":1703818961214,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160945729","repostId":"2143178756","repostType":4,"isVote":1,"tweetType":1,"viewCount":1140,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160942785,"gmtCreate":1623770697647,"gmtModify":1703818960240,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160942785","repostId":"1127660571","repostType":4,"repost":{"id":"1127660571","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":1623760680,"share":"https://ttm.financial/m/news/1127660571?lang=en_US&edition=fundamental","pubTime":"2021-06-15 20:38","market":"us","language":"en","title":"Toplines Before US Market Open on Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1127660571","media":"Tiger Newspress","summary":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record clo","content":"<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15) <b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b> Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more</b></p>\n<p><b>1) Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2) Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3) Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4) Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5) Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6) Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7) Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8) AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9) Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10) Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11) Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12) Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</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>Toplines Before US Market Open on Tuesday</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\">\nToplines Before US Market Open on Tuesday\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\">2021-06-15 20:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<ul>\n <li>Stock futures edge up ahead of retail sales data.</li>\n <li>S&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.</li>\n <li><b>Increase in in PPI over past 12 months rises to 6.6% from 6.2%.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n <li><b>U.S. retail sales minus gas and autos fall 0.8% in May.</b></li>\n</ul>\n<p>(June 15) <b>Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record.</b> Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.</p>\n<p>On a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.</p>\n<p><b>Stock Market</b></p>\n<p>U.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.</p>\n<p>Futures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.</p>\n<p>At 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.</p>\n<p><img src=\"https://static.tigerbbs.com/86af5e5e5e4faf68b304fa020ca3a033\" tg-width=\"1242\" tg-height=\"487\"></p>\n<p>Investors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.</p>\n<p><b>Stocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more</b></p>\n<p><b>1) Vroom(VRM)</b> – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.</p>\n<p><b>2) Ping Identity(PING) </b>– Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.</p>\n<p><b>3) Sage Therapeutics(SAGE)</b> – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.</p>\n<p><b>4) Boeing(BA) </b>– The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.</p>\n<p><b>5) Exxon Mobil(XOM) </b>– Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.</p>\n<p><b>6) Spirit Airlines(SAVE)</b> – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.</p>\n<p><b>7) Fastenal(FAST)</b> – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.</p>\n<p><b>8) AstraZeneca(AZN) </b>– AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.</p>\n<p><b>9) Cracker Barrel(CBRL)</b> – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.</p>\n<p><b>10) Novavax(NVAX)</b> – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.</p>\n<p><b>11) Intuit(INTU)</b> – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.</p>\n<p><b>12) Vimeo(VMEO)</b> – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127660571","content_text":"Stock futures edge up ahead of retail sales data.\nS&P 500 index is headed toward its 30th record close of the year, bolstered by gains in tech stocks.\nIncrease in in PPI over past 12 months rises to 6.6% from 6.2%.\nU.S. retail sales minus gas and autos fall 0.8% in May.\nU.S. retail sales minus gas and autos fall 0.8% in May.\n\n(June 15) Producer prices climb 6.6% in May on annual basis, largest 12-month increase on record. Producer prices rose at their fastest annual clip in nearly 11 years in May as inflation continued to build in the U.S. economy, the Labor Department reported Tuesday.\nOn a monthly basis, the producer price index for final demand rose 0.8%, ahead of the Dow Jones estimate of 0.6%.\nStock Market\nU.S. stock futures edged higher Tuesday ahead of fresh data that will indicate how much Americans spent in stores, at restaurants and online last month.\nFutures tied to the S&P 500 ticked up 0.1%, indicating that the broad benchmark index is on track to notch its thirtieth record close of the year. Nasdaq-100 futures gained 0.2%, pointing togains in technology stocksafter the opening bell.\nAt 8:38 a.m. ET, Dow e-minis were up 18 points, or 0.05%, S&P 500 e-minis were up 5.5 points, or 0.13%, and Nasdaq 100 e-minis were up 24.75 points, or 0.18%.\n\nInvestors expect that stocks will climb through the rest of the year due to easy monetary policies. Many people are also betting thathigher inflation, due to the easing of economic restrictions and supply-chain bottlenecks, will be temporary. Signs that inflation will be elevated for a prolonged period or that theFederal Reserve may retrace its supportcould shake that confidence, money managers said.\nStocks making the biggest moves in the premarket: Vroom, Ping Identity, Sage Therapeutics & more\n1) Vroom(VRM) – Vroom intends to offer $500 million in convertible senior notes due in 2026. The used-vehicle e-commerce platform provider plans to use the proceeds for a variety of corporate purposes as well as investing in or acquiring new technologies. Its shares slid 6.1% in premarket trading.\n2) Ping Identity(PING) – Ping Identity announced a 6 million share common stock offering, in a sale of shares held by investment funds affiliated with Vista Equity Partners. The identity management solutions company will not receive any proceeds from the offering. The stock tumbled 4.2% in premarket action.\n3) Sage Therapeutics(SAGE) – The drugmaker’s shares tanked 17.5% in premarket trading following the release of study results for Sage’s experimental depression drug. The treatment resulted in a statistically significant improvement in symptoms, although it could take up to six weeks to be effective and treatment may be required for months.\n4) Boeing(BA) – The U.S. and European Union announced aresolution of the long-standing disputeover aircraft subsidies involving Boeing and European rival Airbus. The deal suspends World Trade Organization-authorized tariffs for five years, and U.S. Trade Representative Katherine Tai said it could serve as a model for resolving future disputes.\n5) Exxon Mobil(XOM) – Bank of America reiterated a “buy” rating on the energy giant’s stock, predicting that Exxon Mobil would hike its dividend before the end of the year following cost-cutting measures and a rebound in oil prices.\n6) Spirit Airlines(SAVE) – Spirit Airlines said in a Securities and Exchange Commission filing that leisure demand has continued to improve throughout the second quarter, and that it has seen operating yields strengthen as well. Citi upgraded the stock to “buy” from “neutral” following that update, and shares rallied 2.6% in the premarket.\n7) Fastenal(FAST) – The maker of industrial and construction supplies was downgraded to “underweight” from “equal-weight” at Morgan Stanley, which notes a lull in customer acquisition as well as a stock that is already near an all-time high. The stock slid 2.2% in the premarket.\n8) AstraZeneca(AZN) – AstraZeneca said an experimental monoclonal antibody treatment did not meet its main goal of preventing Covid-19 in patients who had been exposed to the virus. The company also said, however, that its Covid-19 vaccine is 92% effective against the so-called “Delta” variant of the virus.\n9) Cracker Barrel(CBRL) – Cracker Barrel announced a $275 million private offering of convertible senior notes due in 2026. The restaurant chain will use the proceeds to pay debt and for general corporate purposes.\n10) Novavax(NVAX) – Novavax announced positive results from its first study of its Covid-19 vaccine and a flu vaccine administered simultaneously. The study suggested that simultaneous vaccination may be a viable strategy.\n11) Intuit(INTU) – The financial software company revealed in an SEC filing that its QuickBooks online service saw new customer acquisition grow by more than 25% year-over-year for the nine months ended April 30. Intuit shares had hit an all-time high in Monday’s trading.\n12) Vimeo(VMEO) – Vimeo reported that total revenue in May rose 42% from a year ago, with the video services company also seeing average revenue per user up 18%.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,"SPY":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1025,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160942966,"gmtCreate":1623770678455,"gmtModify":1703818958945,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160942966","repostId":"1150591447","repostType":4,"isVote":1,"tweetType":1,"viewCount":1407,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160946210,"gmtCreate":1623770662030,"gmtModify":1703818958279,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160946210","repostId":"1146386859","repostType":2,"isVote":1,"tweetType":1,"viewCount":1697,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160948174,"gmtCreate":1623770613498,"gmtModify":1703818956490,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160948174","repostId":"1168660949","repostType":2,"repost":{"id":"1168660949","kind":"news","pubTimestamp":1623245132,"share":"https://ttm.financial/m/news/1168660949?lang=en_US&edition=fundamental","pubTime":"2021-06-09 21:25","market":"us","language":"en","title":"Marqeta Finalizes Proposed $1 Billion IPO Terms","url":"https://stock-news.laohu8.com/highlight/detail?id=1168660949","media":"seekingalpha","summary":"SummaryMarqeta has filed terms for its $1 billion IPO.The firm provides credit card issuing products and related services to businesses worldwide.MQ is growing rapidly, producing copious free cash flow, and the IPO appears reasonably valued, so is worth a close look.Quick Take. The company provides customized credit card issuing and related services to businesses worldwide.MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven","content":"<h4>Summary</h4><ul><li>Marqeta has filed terms for its $1 billion IPO.</li><li>The firm provides credit card issuing products and related services to businesses worldwide.</li><li>MQ is growing rapidly, producing copious free cash flow, and the IPO appears reasonably valued, so is worth a close look.</li></ul><h4>Quick Take</h4><p>Marqeta (MQ) has filed to raise $1 billion from the sale of its Class A common stock in an IPO, according to an amendedregistration statement.</p><p>The company provides customized credit card issuing and related services to businesses worldwide.</p><p>MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued given the firm's growth trajectory.</p><h4>Company & Technology</h4><p>Oakland, California-based Marqeta was founded to develop a platform to digitize commercial payments between businesses and their customers via its open APIs.</p><p>Management is headed by founder, Chairperson and CEO Jason Gardner, who was previously co-founder of PropertyBridge.</p><p>The company’s primary offerings include:</p><ul><li><p>Issuing - physical, virtual or tokenized cards</p></li><li><p>Processing - transaction processing</p></li><li><p>Applications - development tools, administration, anti-fraud, chargebacks</p></li></ul><p>Marqeta has received at least $502 million in equity investment from investors including 83North, DFS Services, Granite Ventures, ICONIQ, and Coatue.</p><h4>Customer/User Acquisition</h4><p>MQ seeks relationships with technology-forward firms via direct sales and marketing teams.</p><p>In 2020, the company processed $60.1 billion of total processing volume, an increase of 177% from 2019's result.</p><p>Compensation & Benefits expenses as a percentage of total revenue have dropped as revenues have increased, as the figures below indicate:</p><p></p><table><colgroup></colgroup><tbody><tr><td><p><b>Compensation & Benefits</b></p></td><td><p><b>Expenses vs. Revenue</b></p></td></tr><tr><td><p>Period</p></td><td><p>Percentage</p></td></tr><tr><td><p>Three Mos. Ended March 31, 2021</p></td><td><p>41.5%</p></td></tr><tr><td><p>2020</p></td><td><p>43.7%</p></td></tr><tr><td><p>2019</p></td><td><p>60.4%</p></td></tr></tbody></table><p>The Compensation & Benefits efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Compensation & Benefits spend, rose to 1.3x in the most recent reporting period, as shown in the table below:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Compensation & Benefits</b></p></td><td><p><b>Efficiency Rate</b></p></td></tr><tr><td><p>Period</p></td><td><p>Multiple</p></td></tr><tr><td><p>Three Mos. Ended March 31, 2021</p></td><td><p>1.3</p></td></tr><tr><td><p>2020</p></td><td><p>1.2</p></td></tr></tbody></table><p>The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.</p><p>MQ’s most recent calculation was 113% as of March 31, 2021, so the firm has performed at an extremely high level in this regard, per the table below:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Rule of 40</b></p></td><td><p><b>Calculation</b></p></td></tr><tr><td><p>Recent Rev. Growth %</p></td><td><p>123%</p></td></tr><tr><td><p>EBITDA %</p></td><td><p>-10%</p></td></tr><tr><td><p>Total</p></td><td><p>113%</p></td></tr></tbody></table><p>The firm’s dollar based net revenue retention rate in 2019 and 2020 was an extremely high 200%. A figure over 100% means the firm is generating incremental revenue from the same customer cohort and indicates strong product/market fit and efficient sales & marketing efforts. (Source)</p><p>Notably, 70% of its total revenue base came from one customer, Square (SQ).</p><h4>Market & Competition</h4><p>According to a 2020 marketresearch reportby IBISWorld, the U.S. market for credit card issuing will be an estimated $98.9 billion in 2021.</p><p>This represents an expected average annualized market growth of 0.5% from 2016 to 2021.</p><p>The main drivers for this expected growth are a continued rise in aggregate household debt and per capita disposable income.</p><p>Also, e-commerce sales represent a strong growth vector for innovative card issuance capabilities.</p><p>Major competitive or other industry participants include:</p><ul><li><p>Global Payments</p></li><li><p>Fiserv</p></li><li><p>Fidelity National Information Service</p></li><li><p>Wex</p></li><li><p>Comdata</p></li><li><p>Adyen</p></li><li><p>Stripe</p></li><li><p>Others</p></li></ul><h4>Financial Performance</h4><p>Marqeta’s recent financial results can be summarized as follows:</p><ul><li><p>Sharply growing top-line revenue, at an accelerating rate of growth</p></li><li><p>Increasing gross profit and gross margin trending upward</p></li><li><p>Reduced operating loss and net loss</p></li><li><p>Increasing cash flow from operations</p></li></ul><p>As of March 31, 2021, Marqeta had $247.6 million in cash and $193.5 million in total liabilities.</p><p>Free cash flow during the twelve months ended March 31, 2021, was $74.2 million.</p><h4>IPO Details</h4><p>MQ intends to sell 45.5 million shares of Class A common stock at a proposed midpoint price of $22.00 per share for gross proceeds of approximately $1 billion, not including the sale of customary underwriter options.</p><p>No existing shareholders have indicated an interest to purchase shares at the IPO price.</p><p>Class A common stockholders will be entitled to one vote per share and Class B shareholders will receive ten votes per share.</p><p>The S&P 500 Index no longer admits firms with multiple classes of stock into their index.</p><p>Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $10.3 billion.</p><p>Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.57%.</p><p>Per the most recent regulatory filing, the firm plans to use the net proceeds as follows:</p><blockquote>We currently intend to use the net proceeds that we will receive from this offering for working capital and other general corporate purposes and to fund our growth strategies, including continued investments in our business globally. We may also use a portion of the net proceeds that we receive to acquire or invest in complementary businesses, products, services, technologies, or other assets. We do not, however, have any agreements or commitments to enter into any acquisitions or investments at this time.(Source)</blockquote><p>Management’s presentation of the company roadshow is not available.</p><p>Listed underwriters of the IPO are Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair, KeyBanc Capital Markets, Nomura, HSBC, R. Seelaus & Co., and Siebert Williams Shank.</p><h4>Valuation Metrics</h4><p>Below is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Measure [TTM]</b></p></td><td><p><b>Amount</b></p></td></tr><tr><td><p>Market Capitalization at IPO</p></td><td><p>$11,665,409,822</p></td></tr><tr><td><p>Enterprise Value</p></td><td><p>$10,344,452,822</p></td></tr><tr><td><p>Price / Sales</p></td><td><p>33.34</p></td></tr><tr><td><p>EV / Revenue</p></td><td><p>29.57</p></td></tr><tr><td><p>EV / EBITDA</p></td><td><p>-242.11</p></td></tr><tr><td><p>Earnings Per Share</p></td><td><p>-$0.09</p></td></tr><tr><td><p>Float To Outstanding Shares Ratio</p></td><td><p>8.57%</p></td></tr><tr><td><p>Proposed IPO Midpoint Price per Share</p></td><td><p>$22.00</p></td></tr><tr><td><p>Net Free Cash Flow</p></td><td><p>$74,216,000</p></td></tr><tr><td><p>Free Cash Flow Yield Per Share</p></td><td><p>0.64%</p></td></tr><tr><td><p>Revenue Growth Rate</p></td><td><p>123.16%</p></td></tr><tr><td><p>(Glossary Of Terms)</p></td></tr></tbody></table><p>(Source)</p><p>As a reference, a potential partial public comparable would be Adyen (OTCPK:ADYEY); shown below is a comparison of their primary valuation metrics:</p><table><colgroup></colgroup><tbody><tr><td><p><b>Metric</b></p></td><td><p><b>Adyen</b></p></td><td><p><b>Marqeta</b></p></td><td><p><b>Variance</b></p></td></tr><tr><td><p>Price / Sales</p></td><td><p>12.85</p></td><td><p>33.34</p></td><td><p>159.5%</p></td></tr><tr><td><p>EV / Revenue</p></td><td><p>15.08</p></td><td><p>29.57</p></td><td><p>96.1%</p></td></tr><tr><td><p>EV / EBITDA</p></td><td><p>142.64</p></td><td><p>-242.11</p></td><td><p>-269.7%</p></td></tr><tr><td><p>Revenue Growth Rate</p></td><td><p>37.1%</p></td><td><p>123.16%</p></td><td><p>232.33%</p></td></tr><tr><td><p>(Glossary Of Terms)</p></td></tr></tbody></table><p>(S-1andSeeking Alpha)</p><p>The firm’s last private market valuation was reported as $16 billion, so the IPO will represent a significant decrease in valuation of approximately 35% from that valuation.</p><h4>Commentary</h4><p>MQ is seeking public investment as itposts impressive revenue growth results.</p><p>The firm’s financials show accelerating top-line revenue growth and gross profit growth, reduced operating losses and negative operating margin, and increasing cash flow from operations.</p><p>Free cash flow for the twelve months ended March 31, 2021, was an enviable $74.2 million.</p><p>Sales and Marketing expenses as a percentage of total revenue have dropped as revenues have increased sharply and its Sales and Marketing efficiency rate rose slightly to 1.3x.</p><p>Notably, its Rule of 40 metric was extremely impressive and its dollar-based net retention rate of 200% was the highest I’ve seen.</p><p>The market opportunity for credit card issuing in all its forms is large and MQ appears to be quickly taking market share from existing players and parlaying its relationship with Square for company growth.</p><p>Goldman Sachs is the lead underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.4% since their IPO. This is a mid-tier performance for all major underwriters during the period.</p><p>The primary risk to the company’s outlook is its high customer concentration as the firm relied on Square for 70% of its total revenue in 2020. This level of concentration is unusual for a SaaS firm.</p><p>As for valuation, compared to partial comparable Adyen, MQ is pursuing significantly higher revenue multiples at IPO, but the firm is growing top-line revenue far faster than Adyen.</p><p>In addition, if reports are correct, the IPO appears to be at a lower valuation than private share sales.</p><p>MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued, so is worth a consideration.</p><p>Expected IPO Pricing Date: June 8, 2021.</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>Marqeta Finalizes Proposed $1 Billion IPO Terms</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\">\nMarqeta Finalizes Proposed $1 Billion IPO Terms\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-09 21:25 GMT+8 <a href=https://seekingalpha.com/article/4432445-ipo-update-marqeta-finalizes-proposed-1-billion-ipo-terms><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryMarqeta has filed terms for its $1 billion IPO.The firm provides credit card issuing products and related services to businesses worldwide.MQ is growing rapidly, producing copious free cash ...</p>\n\n<a href=\"https://seekingalpha.com/article/4432445-ipo-update-marqeta-finalizes-proposed-1-billion-ipo-terms\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/76a5f973ee63cb45a72044f57e3a023d","relate_stocks":{"MQ":"Marqeta, Inc."},"source_url":"https://seekingalpha.com/article/4432445-ipo-update-marqeta-finalizes-proposed-1-billion-ipo-terms","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168660949","content_text":"SummaryMarqeta has filed terms for its $1 billion IPO.The firm provides credit card issuing products and related services to businesses worldwide.MQ is growing rapidly, producing copious free cash flow, and the IPO appears reasonably valued, so is worth a close look.Quick TakeMarqeta (MQ) has filed to raise $1 billion from the sale of its Class A common stock in an IPO, according to an amendedregistration statement.The company provides customized credit card issuing and related services to businesses worldwide.MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued given the firm's growth trajectory.Company & TechnologyOakland, California-based Marqeta was founded to develop a platform to digitize commercial payments between businesses and their customers via its open APIs.Management is headed by founder, Chairperson and CEO Jason Gardner, who was previously co-founder of PropertyBridge.The company’s primary offerings include:Issuing - physical, virtual or tokenized cardsProcessing - transaction processingApplications - development tools, administration, anti-fraud, chargebacksMarqeta has received at least $502 million in equity investment from investors including 83North, DFS Services, Granite Ventures, ICONIQ, and Coatue.Customer/User AcquisitionMQ seeks relationships with technology-forward firms via direct sales and marketing teams.In 2020, the company processed $60.1 billion of total processing volume, an increase of 177% from 2019's result.Compensation & Benefits expenses as a percentage of total revenue have dropped as revenues have increased, as the figures below indicate:Compensation & BenefitsExpenses vs. RevenuePeriodPercentageThree Mos. Ended March 31, 202141.5%202043.7%201960.4%The Compensation & Benefits efficiency rate, defined as how many dollars of additional new revenue are generated by each dollar of Compensation & Benefits spend, rose to 1.3x in the most recent reporting period, as shown in the table below:Compensation & BenefitsEfficiency RatePeriodMultipleThree Mos. Ended March 31, 20211.320201.2The Rule of 40 is a software industry rule of thumb that says that as long as the combined revenue growth rate and EBITDA percentage rate equal or exceed 40%, the firm is on an acceptable growth/EBITDA trajectory.MQ’s most recent calculation was 113% as of March 31, 2021, so the firm has performed at an extremely high level in this regard, per the table below:Rule of 40CalculationRecent Rev. Growth %123%EBITDA %-10%Total113%The firm’s dollar based net revenue retention rate in 2019 and 2020 was an extremely high 200%. A figure over 100% means the firm is generating incremental revenue from the same customer cohort and indicates strong product/market fit and efficient sales & marketing efforts. (Source)Notably, 70% of its total revenue base came from one customer, Square (SQ).Market & CompetitionAccording to a 2020 marketresearch reportby IBISWorld, the U.S. market for credit card issuing will be an estimated $98.9 billion in 2021.This represents an expected average annualized market growth of 0.5% from 2016 to 2021.The main drivers for this expected growth are a continued rise in aggregate household debt and per capita disposable income.Also, e-commerce sales represent a strong growth vector for innovative card issuance capabilities.Major competitive or other industry participants include:Global PaymentsFiservFidelity National Information ServiceWexComdataAdyenStripeOthersFinancial PerformanceMarqeta’s recent financial results can be summarized as follows:Sharply growing top-line revenue, at an accelerating rate of growthIncreasing gross profit and gross margin trending upwardReduced operating loss and net lossIncreasing cash flow from operationsAs of March 31, 2021, Marqeta had $247.6 million in cash and $193.5 million in total liabilities.Free cash flow during the twelve months ended March 31, 2021, was $74.2 million.IPO DetailsMQ intends to sell 45.5 million shares of Class A common stock at a proposed midpoint price of $22.00 per share for gross proceeds of approximately $1 billion, not including the sale of customary underwriter options.No existing shareholders have indicated an interest to purchase shares at the IPO price.Class A common stockholders will be entitled to one vote per share and Class B shareholders will receive ten votes per share.The S&P 500 Index no longer admits firms with multiple classes of stock into their index.Assuming a successful IPO at the midpoint of the proposed price range, the company’s enterprise value at IPO (ex- underwriter options) would approximate $10.3 billion.Excluding effects of underwriter options and private placement shares or restricted stock, if any, the float to outstanding shares ratio will be approximately 8.57%.Per the most recent regulatory filing, the firm plans to use the net proceeds as follows:We currently intend to use the net proceeds that we will receive from this offering for working capital and other general corporate purposes and to fund our growth strategies, including continued investments in our business globally. We may also use a portion of the net proceeds that we receive to acquire or invest in complementary businesses, products, services, technologies, or other assets. We do not, however, have any agreements or commitments to enter into any acquisitions or investments at this time.(Source)Management’s presentation of the company roadshow is not available.Listed underwriters of the IPO are Goldman Sachs, J.P. Morgan, Citigroup, Barclays, William Blair, KeyBanc Capital Markets, Nomura, HSBC, R. Seelaus & Co., and Siebert Williams Shank.Valuation MetricsBelow is a table of the firm’s relevant capitalization and valuation metrics at IPO, excluding the effects of underwriter options:Measure [TTM]AmountMarket Capitalization at IPO$11,665,409,822Enterprise Value$10,344,452,822Price / Sales33.34EV / Revenue29.57EV / EBITDA-242.11Earnings Per Share-$0.09Float To Outstanding Shares Ratio8.57%Proposed IPO Midpoint Price per Share$22.00Net Free Cash Flow$74,216,000Free Cash Flow Yield Per Share0.64%Revenue Growth Rate123.16%(Glossary Of Terms)(Source)As a reference, a potential partial public comparable would be Adyen (OTCPK:ADYEY); shown below is a comparison of their primary valuation metrics:MetricAdyenMarqetaVariancePrice / Sales12.8533.34159.5%EV / Revenue15.0829.5796.1%EV / EBITDA142.64-242.11-269.7%Revenue Growth Rate37.1%123.16%232.33%(Glossary Of Terms)(S-1andSeeking Alpha)The firm’s last private market valuation was reported as $16 billion, so the IPO will represent a significant decrease in valuation of approximately 35% from that valuation.CommentaryMQ is seeking public investment as itposts impressive revenue growth results.The firm’s financials show accelerating top-line revenue growth and gross profit growth, reduced operating losses and negative operating margin, and increasing cash flow from operations.Free cash flow for the twelve months ended March 31, 2021, was an enviable $74.2 million.Sales and Marketing expenses as a percentage of total revenue have dropped as revenues have increased sharply and its Sales and Marketing efficiency rate rose slightly to 1.3x.Notably, its Rule of 40 metric was extremely impressive and its dollar-based net retention rate of 200% was the highest I’ve seen.The market opportunity for credit card issuing in all its forms is large and MQ appears to be quickly taking market share from existing players and parlaying its relationship with Square for company growth.Goldman Sachs is the lead underwriter and IPOs led by the firm over the last 12-month period have generated an average return of 40.4% since their IPO. This is a mid-tier performance for all major underwriters during the period.The primary risk to the company’s outlook is its high customer concentration as the firm relied on Square for 70% of its total revenue in 2020. This level of concentration is unusual for a SaaS firm.As for valuation, compared to partial comparable Adyen, MQ is pursuing significantly higher revenue multiples at IPO, but the firm is growing top-line revenue far faster than Adyen.In addition, if reports are correct, the IPO appears to be at a lower valuation than private share sales.MQ is growing top-line revenue impressively, is generating strong free cash flow, has a credible path to operating breakeven, and the IPO appears reasonably valued, so is worth a consideration.Expected IPO Pricing Date: June 8, 2021.","news_type":1,"symbols_score_info":{"MQ":0.9}},"isVote":1,"tweetType":1,"viewCount":1485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160941133,"gmtCreate":1623770574722,"gmtModify":1703818955172,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160941133","repostId":"1146386859","repostType":2,"isVote":1,"tweetType":1,"viewCount":1494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160927865,"gmtCreate":1623770154357,"gmtModify":1703818936044,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160927865","repostId":"1175229651","repostType":4,"repost":{"id":"1175229651","kind":"news","pubTimestamp":1623761854,"share":"https://ttm.financial/m/news/1175229651?lang=en_US&edition=fundamental","pubTime":"2021-06-15 20:57","market":"us","language":"en","title":"'Gonna Need More Stimmies' - US Retail Sales Plunged In May","url":"https://stock-news.laohu8.com/highlight/detail?id=1175229651","media":"zerohedge","summary":"With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in ret","content":"<p>With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (<i>confirming BofA's recent perfect streak of predictions</i>), but the data was even worse, tumbling 1.3% MoM...</p>\n<p><img src=\"https://static.tigerbbs.com/45b8615441c602f54053c2e255ce180a\" tg-width=\"500\" tg-height=\"274\"><i>Source: Bloomberg</i></p>\n<p>Given the expected impact of autos from the chip shortage,<b>a \"cleaner\" number of the Ex-Autos print which was also a disaster,</b>tumbling 0.7% MoM (much worse than the 0.4% improvement expected)</p>\n<p><img src=\"https://static.tigerbbs.com/29613437d5cc305349ea8b7f9b50ab0f\" tg-width=\"500\" tg-height=\"272\"><i>Source: Bloomberg</i></p>\n<p>BofA's forecasts nailed it again:</p>\n<ul>\n <li>BofA said retail headline -1.4%, came in at -1.4%</li>\n <li>BofA said retail ex auto -0.6%, came in at -0.7%</li>\n</ul>\n<p>Building Materials saw the biggest drop, along with Motor Vehicles (as noted above). Nonstore retailers (online) also saw a decline in sales...</p>\n<p><img src=\"https://static.tigerbbs.com/6d94f95a16decd0cf5893fd4408feb6c\" tg-width=\"500\" tg-height=\"435\">As the base effect wears off so the insane YoY comps ease back too...</p>\n<p><img src=\"https://static.tigerbbs.com/049936d252903cc97f3b4cd8abec9044\" tg-width=\"500\" tg-height=\"273\"><i>Source: Bloomberg</i></p>\n<p>Finally, we note that retail inventories (supply) has reached a record low relative to retail sales (demand)...</p>\n<p><img src=\"https://static.tigerbbs.com/70b0549aa7160c7d4b2b96a17a25d15d\" tg-width=\"500\" tg-height=\"271\"><i>Source: Bloomberg</i></p>\n<p>How will The Fed interpret this? Transitory supply distress?</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>'Gonna Need More Stimmies' - US Retail Sales Plunged In May</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\">\n'Gonna Need More Stimmies' - US Retail Sales Plunged In May\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 20:57 GMT+8 <a href=https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, ...</p>\n\n<a href=\"https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index","SPY":"标普500ETF"},"source_url":"https://www.zerohedge.com/personal-finance/gonna-need-more-stimmies-us-retail-sales-plunged-may","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1175229651","content_text":"With a lack of stimmies to keep the spending dream alive, analysts expected a 0.8% MoM plunge in retail sales (confirming BofA's recent perfect streak of predictions), but the data was even worse, tumbling 1.3% MoM...\nSource: Bloomberg\nGiven the expected impact of autos from the chip shortage,a \"cleaner\" number of the Ex-Autos print which was also a disaster,tumbling 0.7% MoM (much worse than the 0.4% improvement expected)\nSource: Bloomberg\nBofA's forecasts nailed it again:\n\nBofA said retail headline -1.4%, came in at -1.4%\nBofA said retail ex auto -0.6%, came in at -0.7%\n\nBuilding Materials saw the biggest drop, along with Motor Vehicles (as noted above). Nonstore retailers (online) also saw a decline in sales...\nAs the base effect wears off so the insane YoY comps ease back too...\nSource: Bloomberg\nFinally, we note that retail inventories (supply) has reached a record low relative to retail sales (demand)...\nSource: Bloomberg\nHow will The Fed interpret this? Transitory supply distress?","news_type":1,"symbols_score_info":{"SPY":0.9,".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1477,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":160925697,"gmtCreate":1623770085019,"gmtModify":1703818933783,"author":{"id":"3575318576754118","authorId":"3575318576754118","name":"Chiashy","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3575318576754118","idStr":"3575318576754118"},"themes":[],"htmlText":"??","listText":"??","text":"??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/160925697","repostId":"1146320033","repostType":4,"repost":{"id":"1146320033","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":1623764131,"share":"https://ttm.financial/m/news/1146320033?lang=en_US&edition=fundamental","pubTime":"2021-06-15 21:35","market":"us","language":"en","title":"Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting","url":"https://stock-news.laohu8.com/highlight/detail?id=1146320033","media":"Tiger Newspress","summary":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy","content":"<p>(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></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>Dow rises slightly, S&P 500 adds to a record ahead of key Fed meeting</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\">\nDow rises slightly, S&P 500 adds to a record ahead of key Fed meeting\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\">2021-06-15 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.</p>\n<p>The S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.</p>\n<p>OCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.</p>\n<p><img src=\"https://static.tigerbbs.com/39fdb75cb1c3f4399e35e84ba937685e\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n<p>DraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.</p>\n<p><img src=\"https://static.tigerbbs.com/52d85ad8bd88cda7858f3a247dcbb636\" tg-width=\"663\" tg-height=\"440\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1146320033","content_text":"(June 15) U.S. stocks rose slightly on Tuesday ahead of the Federal Reserve’s latest monetary policy meeting.\nThe S&P 500 rose 0.1% to reach a new all-time high of 4,57.18. The Dow Jones Industrial Average traded 20 points higher. The Nasdaq Composite, which hit a record closing high in the previous session, pulled back 0.3%.\nOCGN surged over 14%. Ocugen Secures Manufacturing Partnership for US Production of COVID-19 Vaccine Candidate, COVAXIN™.\n\nDraftKings plunged nearly 9%. DraftKings Shares Plunge After Short Seller Hindenburg Research Ties Company To Black Market Operations.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":1179,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}