Trevina personal page - To The Moon

Trevina

Trevina

No personal profile

3Follow

9Followers

0Topic

0Badge

2021-09-22

gg back up?

2021-09-22

$Lemonade, Inc.(LMND)$[Speechless]

2021-09-08

[Cry] [Cry]

2021-08-06

$Fiverr International Ltd.(FVRR)$[Cry]

2021-08-05

$Razer(01337)$[Surprised]

2021-08-05

[Happy]

2021-08-01

[Glance]

2021-07-28

[Grin]

2021-07-27

[Miser]

2021-07-27

$Upstart Holdings, Inc.(UPST)$[Surprised]

2021-07-25

$Fiverr International Ltd.(FVRR)$[Grin]

2021-07-25

buy now?

2021-07-20

[Great]

2021-07-19

[Great]

2021-07-17

[Surprised]

2021-07-17

$Upstart Holdings, Inc.(UPST)$[Surprised]

2021-07-16

$Skillz Inc(SKLZ)$[Surprised]

2021-07-16

[Surprised]

2021-07-15

$Upstart Holdings, Inc.(UPST)$[Surprised]

2021-07-14

$Upstart Holdings, Inc.(UPST)$[Surprised]

Go to Tiger App to see more news

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growth","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/103988867","repostId":"1153490597","repostType":4,"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":377768529,"gmtCreate":1619566194061,"gmtModify":1704725909622,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"keep growing!","listText":"keep growing!","text":"keep growing!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/377768529","repostId":"2130373930","repostType":4,"repost":{"id":"2130373930","kind":"highlight","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":1619556617,"share":"https://ttm.financial/m/news/2130373930?lang=en_US&edition=fundamental","pubTime":"2021-04-28 04:50","market":"us","language":"en","title":"Google Shares Rise On Revenue And Earnings Beat, $50B Buyback","url":"https://stock-news.laohu8.com/highlight/detail?id=2130373930","media":"Tiger Newspress","summary":"Google parent company Alphabet Inc (NASDAQ: GOOG)(NASDAQ: GOOGL) reported first-quarter earnings Tuesday afternoon.","content":"<p>Google parent company <b>Alphabet Inc </b>(NASDAQ:GOOG)(NASDAQ:GOOGL) reported first-quarter earnings&nbsp;Tuesday afternoon.</p><p><b>First Quarter Earnings: </b>Alphabet reported revenue of $55.3 billion in the first quarter, beating&nbsp;estimates of $51.7 billion. The total was up 32% year-over-year.</p><p>Earnings per share&nbsp;of $26.29 beat&nbsp;estimates of $15.88. The company reported net income of $17.9 billion, more than doubling last year’s first-quarter total of $6.8 billion.<img src=\"https://static.tigerbbs.com/04c18e5c94d3b6d4047c6f7b1f4540eb\" tg-width=\"1602\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Total advertising revenue was $44.7 billion in the first quarter, up from the comparable $33.8 billion in the last fiscal year. The company reported search revenue of $31.9 billion, YouTube revenue of $6&nbsp;billion and Google network revenue of $6.8 billion.</p><p>Google's Cloud revenue improved 46% to $4 billion, though the division lags behind rivals Amazon.com Inc.</p><p>The company’s other segment revenue was $6.5 billion and Google Cloud revenue was $4&nbsp;billion in the first quarter.<img src=\"https://static.tigerbbs.com/9ed7cd2419e150521d3b20d080a0ba44\" tg-width=\"1614\" tg-height=\"742\" referrerpolicy=\"no-referrer\">Sundar Pichai, CEO of Google and Alphabet, said: “Over the last year, people have turned to Google Search andmany online services to stay informed, connected and entertained. We’ve continued our focus on delivering trustedservices to help people around the world. Our Cloud services are helping businesses, big and small, acceleratetheir digital transformations.\"</p><p>Ruth Porat, CFO of Google and Alphabet, said: “Total revenues of $55.3 billion in the first quarter reflect elevatedconsumer activity online and broad based growth in advertiser revenue. We’re very pleased with the ongoing&nbsp;momentum in Google Cloud, with revenues of $4.0 billion in the quarter reflecting strength and opportunity in bothGCP and Workspace.”&nbsp;<b>Share Buyback Announced:</b> Along with its first-quarter earnings, Alphabet reported a $50-billion share buyback was authorized by the company. The share repurchases will be executed “from time to time.\"</p><p><b>Price Action: </b>Shares of GOOG are up 4% to $2,410 in after-hours Tuesday.</p><p><img src=\"https://static.tigerbbs.com/1cf14e52744d9520c6eea9cf5fd08aa1\" tg-width=\"1484\" tg-height=\"974\" 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>Google Shares Rise On Revenue And Earnings Beat, $50B Buyback</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\">\nGoogle Shares Rise On Revenue And Earnings Beat, $50B Buyback\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\">2021-04-28 04:50</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Google parent company <b>Alphabet Inc </b>(NASDAQ:GOOG)(NASDAQ:GOOGL) reported first-quarter earnings&nbsp;Tuesday afternoon.</p><p><b>First Quarter Earnings: </b>Alphabet reported revenue of $55.3 billion in the first quarter, beating&nbsp;estimates of $51.7 billion. The total was up 32% year-over-year.</p><p>Earnings per share&nbsp;of $26.29 beat&nbsp;estimates of $15.88. The company reported net income of $17.9 billion, more than doubling last year’s first-quarter total of $6.8 billion.<img src=\"https://static.tigerbbs.com/04c18e5c94d3b6d4047c6f7b1f4540eb\" tg-width=\"1602\" tg-height=\"670\" referrerpolicy=\"no-referrer\">Total advertising revenue was $44.7 billion in the first quarter, up from the comparable $33.8 billion in the last fiscal year. The company reported search revenue of $31.9 billion, YouTube revenue of $6&nbsp;billion and Google network revenue of $6.8 billion.</p><p>Google's Cloud revenue improved 46% to $4 billion, though the division lags behind rivals Amazon.com Inc.</p><p>The company’s other segment revenue was $6.5 billion and Google Cloud revenue was $4&nbsp;billion in the first quarter.<img src=\"https://static.tigerbbs.com/9ed7cd2419e150521d3b20d080a0ba44\" tg-width=\"1614\" tg-height=\"742\" referrerpolicy=\"no-referrer\">Sundar Pichai, CEO of Google and Alphabet, said: “Over the last year, people have turned to Google Search andmany online services to stay informed, connected and entertained. We’ve continued our focus on delivering trustedservices to help people around the world. Our Cloud services are helping businesses, big and small, acceleratetheir digital transformations.\"</p><p>Ruth Porat, CFO of Google and Alphabet, said: “Total revenues of $55.3 billion in the first quarter reflect elevatedconsumer activity online and broad based growth in advertiser revenue. We’re very pleased with the ongoing&nbsp;momentum in Google Cloud, with revenues of $4.0 billion in the quarter reflecting strength and opportunity in bothGCP and Workspace.”&nbsp;<b>Share Buyback Announced:</b> Along with its first-quarter earnings, Alphabet reported a $50-billion share buyback was authorized by the company. The share repurchases will be executed “from time to time.\"</p><p><b>Price Action: </b>Shares of GOOG are up 4% to $2,410 in after-hours Tuesday.</p><p><img src=\"https://static.tigerbbs.com/1cf14e52744d9520c6eea9cf5fd08aa1\" tg-width=\"1484\" tg-height=\"974\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2130373930","content_text":"Google parent company Alphabet Inc (NASDAQ:GOOG)(NASDAQ:GOOGL) reported first-quarter earnings Tuesday afternoon.First Quarter Earnings: Alphabet reported revenue of $55.3 billion in the first quarter, beating estimates of $51.7 billion. The total was up 32% year-over-year.Earnings per share of $26.29 beat estimates of $15.88. The company reported net income of $17.9 billion, more than doubling last year’s first-quarter total of $6.8 billion.Total advertising revenue was $44.7 billion in the first quarter, up from the comparable $33.8 billion in the last fiscal year. The company reported search revenue of $31.9 billion, YouTube revenue of $6 billion and Google network revenue of $6.8 billion.Google's Cloud revenue improved 46% to $4 billion, though the division lags behind rivals Amazon.com Inc.The company’s other segment revenue was $6.5 billion and Google Cloud revenue was $4 billion in the first quarter.Sundar Pichai, CEO of Google and Alphabet, said: “Over the last year, people have turned to Google Search andmany online services to stay informed, connected and entertained. We’ve continued our focus on delivering trustedservices to help people around the world. Our Cloud services are helping businesses, big and small, acceleratetheir digital transformations.\"Ruth Porat, CFO of Google and Alphabet, said: “Total revenues of $55.3 billion in the first quarter reflect elevatedconsumer activity online and broad based growth in advertiser revenue. We’re very pleased with the ongoing momentum in Google Cloud, with revenues of $4.0 billion in the quarter reflecting strength and opportunity in bothGCP and Workspace.” Share Buyback Announced: Along with its first-quarter earnings, Alphabet reported a $50-billion share buyback was authorized by the company. The share repurchases will be executed “from time to time.\"Price Action: Shares of GOOG are up 4% to $2,410 in after-hours Tuesday.","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":631,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373402045,"gmtCreate":1618876360087,"gmtModify":1704716130921,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"good prospect","listText":"good prospect","text":"good prospect","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373402045","repostId":"2128509894","repostType":4,"isVote":1,"tweetType":1,"viewCount":635,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893647207,"gmtCreate":1628261452309,"gmtModify":1703504233693,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FVRR\">$Fiverr International Ltd.(FVRR)$</a>[Cry]&nbsp;","listText":"<a href=\"https://laohu8.com/S/FVRR\">$Fiverr International Ltd.(FVRR)$</a>[Cry]&nbsp;","text":"$Fiverr International Ltd.(FVRR)$[Cry]","images":[{"img":"https://static.tigerbbs.com/c75888dfc4eb52c96bd9ea591f31bb30","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/893647207","isVote":1,"tweetType":1,"viewCount":2834,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573721035000918","authorId":"3573721035000918","name":"Oon Bubble","avatar":"https://static.tigerbbs.com/dd276d27bcce910a213980ca1e5f5592","crmLevel":12,"crmLevelSwitch":0,"authorIdStr":"3573721035000918","idStr":"3573721035000918"},"content":"It should rebound once hit $165…. hang on","text":"It should rebound once hit $165…. hang on","html":"It should rebound once hit $165…. hang on"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":117575523,"gmtCreate":1623154690762,"gmtModify":1704197184545,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>[Smile]&nbsp;","listText":"<a href=\"https://laohu8.com/S/SKLZ\">$Skillz Inc(SKLZ)$</a>[Smile]&nbsp;","text":"$Skillz Inc(SKLZ)$[Smile]","images":[{"img":"https://static.tigerbbs.com/13517ee3baf2da0f1e6cf11fc836bb44","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/117575523","isVote":1,"tweetType":1,"viewCount":636,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":191804859,"gmtCreate":1620867555371,"gmtModify":1704349502589,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"scaryy","listText":"scaryy","text":"scaryy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/191804859","repostId":"1138978293","repostType":4,"repost":{"id":"1138978293","kind":"news","pubTimestamp":1620865298,"share":"https://ttm.financial/m/news/1138978293?lang=en_US&edition=fundamental","pubTime":"2021-05-13 08:21","market":"us","language":"en","title":"Taiwan Stock Crash Shows World Dangers of Too Much Leverage","url":"https://stock-news.laohu8.com/highlight/detail?id=1138978293","media":"Bloomberg","summary":"(Bloomberg) -- Few things evoke fear in equity markets like a margin call. On Wednesday that fear tu","content":"<p>(Bloomberg) -- Few things evoke fear in equity markets like a margin call. On Wednesday that fear turned into panic in Taiwan, offering another warning for the world on what can happen when leverage unwinds.</p><p>The trading day started out quiet in Taipei’s $2 trillion stock bourse. But before the morning was over, the local benchmark index had plummeted almost 9% in the worst one-day performance in its 54-year history.</p><p>There were reasons to sell. New data showed a worsening Covid-19 outbreak in an island where almost no one is vaccinated. A deepening slump in global tech shares also undermined the appeal of a market dominated by the industry. But the swiftness of the plunge that followed suggests bigger forces were at play.</p><p>For months, bull market skeptics around the world have warned that surging leverage is making equity markets riskier -- and the blowup of Archegos Capital Management in March served as a reminder of that. Yet stocks have continued to rise, with the MSCI All-Country World Index closing at a record as recently as Friday. In the U.S., margin debt topped $822 billion by the end of March -- the latest available data. That’s up 72% year on year.</p><p>On a smaller scale, the same happened in Taiwan. Armed with conviction, and with history on their side, investors took on increasing amounts of leverage. The result was a 46% expansion in margin debt this year to about NT$274 billion ($9.8 billion) two weeks ago, the highest since 2011. By comparison, the Taiwan benchmark was up just 19% in that period, an indication that people were taking out loans faster than stocks were appreciating.</p><p>Local investors had little reason to fear losses. Taiwan’s economy became one of the biggest winners from U.S.-China rivalry. Its chipmakers flourished as Washington sought to hobble Beijing’s efforts to build a domestic chip industry. During President Donald Trump’s four-year term, the Taiex benchmark became the world’s best performing stock gauge, gaining more than 90% in U.S. dollar terms.</p><p>Gains extended this year as the pandemic created a shortage of chips, with the index rising for seven straight months through April.</p><p>The euphoria began to unravel this week as the threat of inflation sank the Nasdaq, with tech stocks around the world following suit. As the Taiex slid 3.8% on Tuesday in Taiwan, the level of margin debt fell by NT$12.6 billion, the most since October 2018. That suggests traders faced margin calls by brokers to cover losses in their stock accounts.</p><p>Wednesday’s record rout is likely to have spurred a bigger unwinding of leverage. (Comparatives are skewed by the widening of daily price limits for individual stocks in 2015.)</p><p>“Margin trading boosted the Taiex over the past few months, which may add to declines if they face margin calls,” said MasterLink Securities Investment Advisory President Paul Cheng.</p><p>The fear of further losses was evident in a stock market where individual investors account for about 60% of transactions. The derivatives market burst with activity: more than 1.75 million options tracking the Taiex changed hands on Wednesday, the third-busiest day since 2016. Traders snapped up bearish contracts even as dozens of short-term options expired, with the price of one put surging as much as 7,757%.</p><p>KGI Securities’ trader Kevin Lee, who has been a local stocks trader for a decade, said clients started to panic as the morning wore on.</p><p>“There were non-stop orders coming in,” Lee said. “Investors were crazy as there were lots of news during trading hours and we didn’t know if they were true or not.”</p><p>By the end of the day, the index had pared its losses to 4.1%. But the damage to investor confidence was already done.</p>","source":"lsy1612507957220","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>Taiwan Stock Crash Shows World Dangers of Too Much Leverage</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\">\nTaiwan Stock Crash Shows World Dangers of Too Much Leverage\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-13 08:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/taiwan-stock-crash-fueled-forced-050056677.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Few things evoke fear in equity markets like a margin call. On Wednesday that fear turned into panic in Taiwan, offering another warning for the world on what can happen when leverage ...</p>\n\n<a href=\"https://finance.yahoo.com/news/taiwan-stock-crash-fueled-forced-050056677.html\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/taiwan-stock-crash-fueled-forced-050056677.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1138978293","content_text":"(Bloomberg) -- Few things evoke fear in equity markets like a margin call. On Wednesday that fear turned into panic in Taiwan, offering another warning for the world on what can happen when leverage unwinds.The trading day started out quiet in Taipei’s $2 trillion stock bourse. But before the morning was over, the local benchmark index had plummeted almost 9% in the worst one-day performance in its 54-year history.There were reasons to sell. New data showed a worsening Covid-19 outbreak in an island where almost no one is vaccinated. A deepening slump in global tech shares also undermined the appeal of a market dominated by the industry. But the swiftness of the plunge that followed suggests bigger forces were at play.For months, bull market skeptics around the world have warned that surging leverage is making equity markets riskier -- and the blowup of Archegos Capital Management in March served as a reminder of that. Yet stocks have continued to rise, with the MSCI All-Country World Index closing at a record as recently as Friday. In the U.S., margin debt topped $822 billion by the end of March -- the latest available data. That’s up 72% year on year.On a smaller scale, the same happened in Taiwan. Armed with conviction, and with history on their side, investors took on increasing amounts of leverage. The result was a 46% expansion in margin debt this year to about NT$274 billion ($9.8 billion) two weeks ago, the highest since 2011. By comparison, the Taiwan benchmark was up just 19% in that period, an indication that people were taking out loans faster than stocks were appreciating.Local investors had little reason to fear losses. Taiwan’s economy became one of the biggest winners from U.S.-China rivalry. Its chipmakers flourished as Washington sought to hobble Beijing’s efforts to build a domestic chip industry. During President Donald Trump’s four-year term, the Taiex benchmark became the world’s best performing stock gauge, gaining more than 90% in U.S. dollar terms.Gains extended this year as the pandemic created a shortage of chips, with the index rising for seven straight months through April.The euphoria began to unravel this week as the threat of inflation sank the Nasdaq, with tech stocks around the world following suit. As the Taiex slid 3.8% on Tuesday in Taiwan, the level of margin debt fell by NT$12.6 billion, the most since October 2018. That suggests traders faced margin calls by brokers to cover losses in their stock accounts.Wednesday’s record rout is likely to have spurred a bigger unwinding of leverage. (Comparatives are skewed by the widening of daily price limits for individual stocks in 2015.)“Margin trading boosted the Taiex over the past few months, which may add to declines if they face margin calls,” said MasterLink Securities Investment Advisory President Paul Cheng.The fear of further losses was evident in a stock market where individual investors account for about 60% of transactions. The derivatives market burst with activity: more than 1.75 million options tracking the Taiex changed hands on Wednesday, the third-busiest day since 2016. Traders snapped up bearish contracts even as dozens of short-term options expired, with the price of one put surging as much as 7,757%.KGI Securities’ trader Kevin Lee, who has been a local stocks trader for a decade, said clients started to panic as the morning wore on.“There were non-stop orders coming in,” Lee said. “Investors were crazy as there were lots of news during trading hours and we didn’t know if they were true or not.”By the end of the day, the index had pared its losses to 4.1%. But the damage to investor confidence was already done.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":681,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101572610,"gmtCreate":1619926943430,"gmtModify":1704336463086,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"will there be more growth?","listText":"will there be more growth?","text":"will there be more growth?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/101572610","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":674,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":376566353,"gmtCreate":1619137460072,"gmtModify":1704720148478,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"will the rich move?","listText":"will the rich move?","text":"will the rich move?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/376566353","repostId":"2129331568","repostType":4,"repost":{"id":"2129331568","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1619132400,"share":"https://ttm.financial/m/news/2129331568?lang=en_US&edition=fundamental","pubTime":"2021-04-23 07:00","market":"us","language":"en","title":"Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options","url":"https://stock-news.laohu8.com/highlight/detail?id=2129331568","media":"Dow Jones","summary":"Biden could announce details on new taxes on the wealthy as soon as next week, observers said.If Pre","content":"<p>Biden could announce details on new taxes on the wealthy as soon as next week, observers said.</p><p>If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.</p><p>After unveiling a $2.3 trillion infrastructure spending proposal  . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- <a href=\"https://laohu8.com/S/AONE\">one</a> where the president cannot afford any 'no' votes?</p><p>Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan  at a scheduled address to Congress next week.</p><p>Some specifics are starting to seep out, including a  Bloomberg News report Thursday  saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.</p><p>When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.</p><p>All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average  sliding 300 points the trading day down around 322 points, while the S&amp;P 500  fell around 38 points and the Nasdaq Composite  dropped 132 points.</p><p>As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.</p><p><b>Reading the taxation 'tea leaves'</b></p><p>Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.</p><p>The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.</p><p>Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.</p><p>\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst &amp; Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"</p><p>The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.</p><p>Data on tax minimization strategies   show wealthy taxpayers haven't been waiting.</p><p>Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.</p><p><b>A new top tax rate</b></p><p>Candidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).</p><p>Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.</p><p>Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.</p><p>One quirk is the top rate in 2021  applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the  investment banking advisory firm calls the change \"likely.\"</p><p><b>Revised estate taxes</b></p><p>The Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.</p><p>But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.</p><p>Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)</p><p>Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .</p><p>\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote  last year.</p><p>If estate taxes are getting revised, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question is where the exemption level is set and whether the rate stays at 40%.</p><p>Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.</p><p>Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections  .</p><p>An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.</p><p>If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.</p><p>But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.</p><p>\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.</p><p>Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.</p><p><b>New rules and rates for capital gains</b></p><p>Right now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher  depending on the assets being sold.</p><p>Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.</p><p>Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act  -- that has taxed long-term capital gains at a lower, preferential rate?</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>Biden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options</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\">\nBiden has pledged to tax the rich -- but precisely how will he do that? Experts consider his options\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-23 07:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Biden could announce details on new taxes on the wealthy as soon as next week, observers said.</p><p>If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.</p><p>After unveiling a $2.3 trillion infrastructure spending proposal  . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- <a href=\"https://laohu8.com/S/AONE\">one</a> where the president cannot afford any 'no' votes?</p><p>Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan  at a scheduled address to Congress next week.</p><p>Some specifics are starting to seep out, including a  Bloomberg News report Thursday  saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.</p><p>When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.</p><p>All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average  sliding 300 points the trading day down around 322 points, while the S&amp;P 500  fell around 38 points and the Nasdaq Composite  dropped 132 points.</p><p>As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.</p><p><b>Reading the taxation 'tea leaves'</b></p><p>Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.</p><p>The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.</p><p>Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.</p><p>\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst &amp; Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"</p><p>The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.</p><p>Data on tax minimization strategies   show wealthy taxpayers haven't been waiting.</p><p>Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.</p><p><b>A new top tax rate</b></p><p>Candidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).</p><p>Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.</p><p>Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.</p><p>One quirk is the top rate in 2021  applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the  investment banking advisory firm calls the change \"likely.\"</p><p><b>Revised estate taxes</b></p><p>The Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.</p><p>But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.</p><p>Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)</p><p>Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .</p><p>\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote  last year.</p><p>If estate taxes are getting revised, <a href=\"https://laohu8.com/S/AONE.U\">one</a> question is where the exemption level is set and whether the rate stays at 40%.</p><p>Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.</p><p>Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections  .</p><p>An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.</p><p>If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.</p><p>But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.</p><p>\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.</p><p>Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.</p><p><b>New rules and rates for capital gains</b></p><p>Right now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher  depending on the assets being sold.</p><p>Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.</p><p>Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act  -- that has taxed long-term capital gains at a lower, preferential rate?</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","SPY":"标普500ETF",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129331568","content_text":"Biden could announce details on new taxes on the wealthy as soon as next week, observers said.If President Joe Biden's campaign pledges to tax the rich were the coming attractions, we're about to arrive at the main event.After unveiling a $2.3 trillion infrastructure spending proposal  . The president is expected to fund the forthcoming plan with tax increases on wealthy households.The question is precisely which tax hikes will he propose? And what can he get through a Congress where Democrats have the barest of majorities -- one where the president cannot afford any 'no' votes?Biden could formally announce the plan as soon as April 28, commentators said. So far, the White House hasn't provided details. But White House Press Secretary Jen Psaki confirmed Biden would discuss the plan  at a scheduled address to Congress next week.Some specifics are starting to seep out, including a  Bloomberg News report Thursday  saying Biden will boost the capital gains rate tax to 39.6% for households earning at least $1 million, citing people familiar with the proposal. Coupled with an added 3.8% tax linked to the Affordable Care Act, that's a potential 43.4% rate.When asked about the report on the potential capital gains rate hike, Psaki said she did not want to comment ahead of Biden's decisions.All the stock market benchmarks began falling on the news, with the Dow Jones Industrial Average  sliding 300 points the trading day down around 322 points, while the S&P 500  fell around 38 points and the Nasdaq Composite  dropped 132 points.As for Biden's other plans to tax the wealthy, observers said it was possible to make some educated guesses about which tax provisions are under consideration by reviewing Biden's stances during his run for president, when he said he wouldn't raise taxes on anyone making less than $400,000.Reading the taxation 'tea leaves'Experts also try reading the taxation \"tea leaves\" by looking at the people Biden has tapped to serve in his administration.The rate for the top income tax bracket, new rules for estates and new tax treatment for the investment income of rich people are all likely in the mix, they say.Some proposals could chart new terrain in the tax code, they note, while others may just quickly undo Trump-era tax rules that are set to elapse at the end of 2025. Either way, some array of increases is coming, they note.\"At this point, taxes are not getting any lower,\" said David Kirk, a tax partner who leads Ernst & Young's Private Tax Group. \"They are only going to go up from here. The question is how?\"The answers matter a lot for the Biden administration as it presses its policy agenda. It also matters for higher-income households as they determine tax planning, investment portfolio strategy and end-of-life matters.Data on tax minimization strategies   show wealthy taxpayers haven't been waiting.Here's a look at some of the specific tax provisions that might be in play, and what's known and not known yet.A new top tax rateCandidate Biden didn't propose a wealth tax, but he did propose putting the top marginal rate at 39.6%. That's where it was before the 2017 Tax Cuts and Jobs Act lowered the rate to 37% (as well as lowering the rates on four other brackets down the income ladder).Kirk, formerly an attorney in the Internal Revenue Service's Office of Chief Counsel, said the potential rate raise was \"relatively low hanging fruit\" for the administration.Ed Mills, a Washington D.C. policy analyst at Raymond James, agreed the potential rate hike looked likely. \"The political sales point is, 'It's not necessarily raising those taxes, it's reverting taxes back to where they were before the Trump tax cuts,'\" he said.One quirk is the top rate in 2021  applies to individuals making at least $523,601 a year or couples making $628,301 a year. So does Biden shuffle things so households making $400,000 now fall under the top rate instead of the second-highest 35% rate? \"Those are all political decisions\" still to come, Mills said.Tweaking the top rate could produce $100 billion in new tax revenue, according to a Tuesday note from Evercore ISI -- the  investment banking advisory firm calls the change \"likely.\"Revised estate taxesThe Tax Cuts and Jobs Act doubled the threshold where the 40% federal estate taxes kicked in. It previously was $5.49 million per person ($10.98 million for married couple) and this year is $11.58 million per person ($23.16 million for married couples). The number is indexed for inflation. Like the marginal rates, the 2017 law lets the estate tax exemptions expire after 2025.But Biden may want to quicken the expiration date and, Kirk noted, he's brought on people who are keenly aware of estate-tax workings.Lily Batchelder has been nominated as assistant secretary for tax policy in the Treasury Department, he noted. (The White House formally sent her nomination to the Senate last week.)Batchelder previously taught at New York University's School of Law, where she estimated that federal estate taxes would rake in $16 billion last year, making for an effective estate tax rate around 2% .\"Despite our founding vision as a land of opportunity, the United States ranks at or near the bottom among high-income countries in economic equality and intergenerational mobility. Our tax code plays a key role,\" Batchelder, also an Obama administration official, wrote  last year.If estate taxes are getting revised, one question is where the exemption level is set and whether the rate stays at 40%.Some estate tax changes are a \"done deal\" in the eyes of Professor Donald Williamson, executive director of American University's Kogod Tax Policy Center. \"Politically, it makes sense because average working Americans don't have estates to leave to their children,\" he said.Approximately 4,100 estate-tax returns will be filed for people who died last year, according to projections  .An increase in estate tax also means the \"step up in basis\" is on the chopping block, Williamson said. This tax rule says if an heir sells inherited assets, the price appreciation -- and resulting capital gains tax -- starts from the time of inheritance, not when the asset was originally acquired.If an asset like long-held shares in a blue-chip company keeps growing in value, that's a major shield against a major capital gains tax liability.But there can be capital gains implications when businesses are sold or inherited -- and that's setting up battle lines.\"Eliminating step-up in basis would require small business owners to pay a new tax when a family business partner dies, and potentially force them to sell their business just to pay the tax and associated fees,\" said Courtney Titus Brooks, senior manager of federal government relations at the National Federation of Independent Business, an advocacy organization for small businesses.Biden's forthcoming proposal \"may include\" estate tax changes, which could generate $500 billion, and changes to the step-up in basis are \"very likely,\" Evercore ISI's note added.New rules and rates for capital gainsRight now, the capital-gains rate for the richest taxpayers starts at 20%, though the rates may go higher  depending on the assets being sold.Candidate Biden has said he'd raise the capital gains rate to 39.6% for household making at least $1 million so that their investment income is taxed just like their ordinary income.Income brackets and estate taxes are one thing, but changes to the capital gains rules could be a tougher effort, Kirk said. First off, he wondered, can Biden convince lawmakers to counter a century of tax law -- since the 1921 Revenue Act  -- that has taxed long-term capital gains at a lower, preferential rate?","news_type":1,"symbols_score_info":{"SPY":0.9,".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":762,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121972035,"gmtCreate":1624451972927,"gmtModify":1703837072212,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>[Surprised]&nbsp;","listText":"<a href=\"https://laohu8.com/S/UPST\">$Upstart Holdings, Inc.(UPST)$</a>[Surprised]&nbsp;","text":"$Upstart Holdings, Inc.(UPST)$[Surprised]","images":[{"img":"https://static.tigerbbs.com/4bc909f0281f14e69c4a099fa359e4e8","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121972035","isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":110916828,"gmtCreate":1622421324964,"gmtModify":1704184022631,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>[Speechless]&nbsp;","listText":"<a href=\"https://laohu8.com/S/ARKK\">$ARK Innovation ETF(ARKK)$</a>[Speechless]&nbsp;","text":"$ARK Innovation 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up?","images":[{"img":"https://static.tigerbbs.com/53d4d8dd8d26fc7fb6e39001fa6a6e3d","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/196864525","isVote":1,"tweetType":1,"viewCount":549,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":372435224,"gmtCreate":1619232596068,"gmtModify":1704721618873,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"wait?&nbsp;","listText":"wait?&nbsp;","text":"wait?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372435224","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":394,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378340424,"gmtCreate":1619005442468,"gmtModify":1704718152694,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"continue to buy...","listText":"continue to buy...","text":"continue to buy...","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378340424","repostId":"2129876842","repostType":4,"isVote":1,"tweetType":1,"viewCount":479,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":378340043,"gmtCreate":1619005367582,"gmtModify":1704718151077,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"good product good value?","listText":"good product good value?","text":"good product good value?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/378340043","repostId":"2129829074","repostType":4,"repost":{"id":"2129829074","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1618979520,"share":"https://ttm.financial/m/news/2129829074?lang=en_US&edition=fundamental","pubTime":"2021-04-21 12:32","market":"us","language":"en","title":"UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion","url":"https://stock-news.laohu8.com/highlight/detail?id=2129829074","media":"Dow Jones","summary":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\". UiPath $$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experienc","content":"<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</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>UiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion</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\">\nUiPath IPO: 5 things to know about the 'software robots' company valued at nearly $30 billion\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-04-21 12:32</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.</blockquote><p>UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"</p><p>UiPath <a href=\"https://laohu8.com/S/PATH.UK\">$(PATH.UK)$</a> makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.</p><p>\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.</p><p>\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"</p><p>Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"</p><p>UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.</p><p>The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.</p><p><a href=\"https://laohu8.com/S/MSTLW\">Morgan Stanley</a>, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.</p><p><b>Here are five things to know about UiPath:</b></p><p><b>The 'humble' company notes rapid expansion</b></p><p>In the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.</p><p>\"We went against the rules of perfecting the business model first in <a href=\"https://laohu8.com/S/AONE\">one</a> territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.</p><p>At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"<a href=\"https://laohu8.com/S/AONE.U\">one</a> of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.</p><p>While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.</p><p><b>CEO holds most of the cards</b></p><p>Since 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.</p><p>UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.</p><p>The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.</p><p><b>The company has reined in expenses</b></p><p>For the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.</p><p>As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.</p><p><b>No specific plans for the funds</b></p><p>If underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.</p><p>\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"</p><p><b>COVID-19 boosted diverse customer base</b></p><p>As of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. <a href=\"https://laohu8.com/S/ADBE\">$(ADBE)$</a>, Applied Materials Inc. <a href=\"https://laohu8.com/S/AMAT\">$(AMAT)$</a>, Chevron Corp. <a href=\"https://laohu8.com/S/CVX\">$(CVX)$</a>, Chipotle Mexican Grill Inc. <a href=\"https://laohu8.com/S/CMG\">$(CMG)$</a>, CrowdStrike Holdings Inc. <a href=\"https://laohu8.com/S/CRWD\">$(CRWD)$</a>, CVS Health Corp. <a href=\"https://laohu8.com/S/CVS\">$(CVS)$</a> and Uber Technologies Inc. <a href=\"https://laohu8.com/S/UBER\">$(UBER)$</a>.</p><p>That's compared with the 700-or-so customers the company claimed in 2018.</p><p>The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.</p><p>Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.</p><p>\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.</p><p>\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PATH":"UiPath","TERN":"Terns Pharmaceuticals, Inc.","CRCT":"Cricut, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2129829074","content_text":"UiPath increased customers by 33% during pandemic by making automation software that is marketed toward employees without software-development knowledge or experience.UiPath Inc. is launching its initial public offering at a valuation close to what it received from venture-capital investors, with help from automation it cheerfully calls \"software robots.\"UiPath $(PATH.UK)$ makes software that helps automate business tasks, and sets itself apart from rivals by allowing employees without coding experience to customize artificial-intelligence capabilities.\"Traditional automation solutions intended to reduce this friction have generally been designed to be used by developers and engineers, rather than the employees directly involved in executing the actual work being automated,\" the company said in its filing with the Securities and Exchange Commission.\"Our platform leverages the power of artificial intelligence, or AI, based computer vision to enable our software robots to perform a vast array of actions as a human would when executing business processes,\" the company said. \"These actions include, but are not limited to, logging into applications, extracting information from documents, moving folders, filling in forms, and updating information fields and databases.\"Late Tuesday, UiPath priced its IPO at $56 a share, raising more than $1.3 billion and giving the company an initial market capitalization of $29.1 billion, which is less than the self-valuation of $35 billion  following a $750 million round of venture funding on Feb. 1. It's expected to begin trading Wednesday on the New York Stock Exchange under the ticker \"PATH.\"UiPath originally filed for its IPO on March 26   have opted for a direct listing instead.The New York-based company originally said it was registering up to 24.5 million shares, at a range of $43 to $50 a share, to raise up to $1.22 billion. On Monday, it hiked the range to between $52 and $54 a share  and increased the number of shares it planned to offer.Morgan Stanley, J.P. Morgan, B of A Securities, Credit Suisse, Barclays, and Wells Fargo Securities are among the underwriters.Here are five things to know about UiPath:The 'humble' company notes rapid expansionIn the S-1, UiPath Chief Executive, Chairman and co-founder Daniel Dines wrote about his company having \"humility\" as a core value, in that it allows its developers to listen and adapt quickly to the needs of the customer. Founded in Bucharest, Romania, in 2005, the company was incorporated in Delaware six years ago after working its way up from \"10 people in an apartment in Romania,\" Dines wrote.\"We went against the rules of perfecting the business model first in one territory, and instead we rapidly expanded globally to the United States, Europe, and Asia simultaneously,\" the CEO wrote in a letter.At a current annualized renewal run rate, or ARR, of $580 million, UiPath bills itself as \"one of the fastest-growing modern enterprise software companies ever.\" ARR is a metric often used by software-as-a-service companies to show how much revenue the company can expect based on subscriptions.While UiPath notes International Data Corp. sees the automation software market at $17 billion in 2020, with an expected rise to $30 billion by 2024, the company said its \"fully automated enterprise\" software gives it a current market opportunity of more than $60 billion.CEO holds most of the cardsSince 2015, UiPath has raised about $2 billion in eight funding rounds, according to Crunchbase. That funding doesn't appear to have bought much voting power in the company, though.UiPath's Class B shares carry 35 votes, while Class A shares -- being offered in the IPO -- carry one vote. The S-1 filing revealed that CEO Dines holds 100% of the Class B shares and 6.5% of the Class A shares, for 88.1% of the voting power.The only entity that comes close to that is venture-capital firm Accel, which began building its stake in 2017, and now claims about 101 million Class A shares, or 24% of those shares, for 3.1% of the voting power. Earlybird Management, with 9.5% of Class A shares, commands 1.2% of the votes.The company has reined in expensesFor the fiscal year 2021 ended Jan. 30, the company booked $607.6 million in revenue for a loss of $92.4 million, compared with $336.2 million in revenue for a loss of $519.9 million in fiscal 2020. In 2018, UiPath reported fiscal 2019 revenue of $148.5 million and a loss of $261.6 million.As revenue rose 81% for fiscal 2021, UiPath reduced sales and marketing costs by 21%, research and development costs by 16%, and general and administrative expenses by 10%.No specific plans for the fundsIf underwriters exercise all option for shares in the offering, UiPath expects to bring in net proceeds of about $1.34 billion, based on a $56 stock price. With about $357.7 million in ready cash on the books as of Jan. 31, the company isn't earmarking raised capital for any specific use.\"As of the date of this prospectus, we cannot specify with certainty all of the particular uses for the net proceeds to us from this offering,\" the company said in its April 19 filing. \"However, we currently intend to use the net proceeds we receive from this offering for general corporate purposes, including working capital, operating expenses, and capital expenditures.\"COVID-19 boosted diverse customer baseAs of Jan. 31, the company claimed having nearly 8,000 customers, with 63% of the those in the Fortune Global 500. About 1,000 of those customers account for more than $100,000 in ARR apiece, UiPath said. The company highlighted such customers as Adobe Inc. $(ADBE)$, Applied Materials Inc. $(AMAT)$, Chevron Corp. $(CVX)$, Chipotle Mexican Grill Inc. $(CMG)$, CrowdStrike Holdings Inc. $(CRWD)$, CVS Health Corp. $(CVS)$ and Uber Technologies Inc. $(UBER)$.That's compared with the 700-or-so customers the company claimed in 2018.The company's current customer base is spread out enough where one customer can't upset revenue significantly.  \"No customer or channel partner accounted for more than 10% of our revenue for the year-ended January 31, 2021,\" according to the S-1.Meanwhile, the COVID-19 pandemic helped. On Jan. 31, 2020, the company said it had about 6,000 customers, so during the year of the pandemic alone, UiPath grew its number of customers by 33%.\"As the pandemic persisted, global demand for automation continued to accelerate as automation became essential for business execution and performance in a remote working environment,\" UiPath said.\"While the pandemic may have accelerated the adoption of automation, the need for organizations to address extraordinary cost pressures, preserve and grow revenue, and adapt to ever-evolving end-customer needs illustrates the durability of the demand for digital transformation and the resilience and power of automation in even the most challenging times,\" according to the company.","news_type":1,"symbols_score_info":{"PATH":0.9,"TERN":0.9,"CRCT":0.9}},"isVote":1,"tweetType":1,"viewCount":665,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":177662127,"gmtCreate":1627211946569,"gmtModify":1703485606336,"author":{"id":"3579320949300398","authorId":"3579320949300398","name":"Trevina","avatar":"https://static.tigerbbs.com/0152a1c031e26e9353c5668fcc41824c","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579320949300398","idStr":"3579320949300398"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/FVRR\">$Fiverr International Ltd.(FVRR)$</a>[Grin]&nbsp;","listText":"<a href=\"https://laohu8.com/S/FVRR\">$Fiverr International Ltd.(FVRR)$</a>[Grin]&nbsp;","text":"$Fiverr International Ltd.(FVRR)$[Grin]","images":[{"img":"https://static.tigerbbs.com/fed8ec28124d07eb527afd5b13f8dd50","width":"1170","height":"2026"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/177662127","isVote":1,"tweetType":1,"viewCount":964,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}