Wookaka personal page - To The Moon

Wookaka

Wookaka

No personal profile

12Follow

2Followers

0Topic

0Badge

2021-04-20

Like pls

Sorry, the original content has been removed

2021-04-25

Pls comment n like

Sorry, the original content has been removed

2021-03-23

Great to buy

GameStop loses second senior exec as shakeup deepens

2021-04-23

tiktok

ByteDance says it has no recent plans for public listing

2021-05-21

[Sad]

Wall Street ends to snap 3-day losing streak as technology stocks rise higher

2021-04-23

comment

Sorry, the original content has been removed

2021-03-26

Respond n like pls

5 signs the labor market is set to blast off

2021-03-27

Wow

Sorry, the original content has been removed

2021-03-27

Likewise n comment

Zhihu Technology fall on its first day of trading

2021-06-23

Shell maybe

Sorry, the original content has been removed

2021-04-24

Great ariticle, would you like to share it?

Sorry, the original content has been removed

2021-04-20

Serve them right for helping shorters

Lawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag

2021-06-23

Collection

Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.

2021-06-23

Retraced

Sorry, the original content has been removed

2021-06-23

really

Sorry, the original content has been removed

2021-05-30

Comment

The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever

2021-03-23

Wow

GameStop loses second senior exec as shakeup deepens

2021-06-23

Trm

Sorry, the original content has been removed

2021-06-20

Wulala

Sorry, the original content has been removed

2021-06-23

Sell

Alfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks

Go to Tiger App to see more news

{"i18n":{"language":"en_US"},"userPageInfo":{"id":"3579351675564800","uuid":"3579351675564800","gmtCreate":1616257890925,"gmtModify":1616507781994,"name":"Wookaka","pinyin":"wookaka","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":12,"tweetSize":24,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":1,"name":"萌萌虎","nameTw":"萌萌虎","represent":"呱呱坠地","factor":"评论帖子3次或发布1条主帖（非转发）","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":"success","userBadges":[{"badgeId":"1026c425416b44e0aac28c11a0848493-3","templateUuid":"1026c425416b44e0aac28c11a0848493","name":" Tiger Idol","description":"Join the tiger community for 1500 days","bigImgUrl":"https://static.tigerbbs.com/8b40ae7da5bf081a1c84df14bf9e6367","smallImgUrl":"https://static.tigerbbs.com/f160eceddd7c284a8e1136557615cfad","grayImgUrl":"https://static.tigerbbs.com/11792805c468334a9b31c39f95a41c6a","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.04.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":2,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":11,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"hot","tweets":[{"id":121068142,"gmtCreate":1624445038886,"gmtModify":1703836872658,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Collection&nbsp;","listText":"Collection&nbsp;","text":"Collection","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121068142","repostId":"1115716980","repostType":4,"repost":{"id":"1115716980","kind":"news","pubTimestamp":1624439805,"share":"https://ttm.financial/m/news/1115716980?lang=en_US&edition=fundamental","pubTime":"2021-06-23 17:16","market":"us","language":"en","title":"Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1115716980","media":"USA Today","summary":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time ","content":"<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.</p>\n<p>For the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.</p>\n<p>Bitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.</p>\n<p>Other cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.</p>\n<p>The selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.</p>\n<p>Here’s what drove the latest sell-off:</p>\n<p><b>Will Dogecoin go up or bust?:</b>Here are 700 million reasons its bubble will burst.</p>\n<p><b>Bitcoin is up, then down:</b>But exactly how does it work?</p>\n<p>Why are cryptos falling?</p>\n<p>After topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.</p>\n<p>Since then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.</p>\n<p>In early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.</p>\n<p>Bitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.</p>\n<p>Bitcoin shed more than 10% on Monday, its largest one-day drop in over a month.</p>\n<p>How much have Bitcoin, Ethereum and Dogecoin lost in value?</p>\n<p>With Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.</p>\n<p>Ethereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.</p>\n<p>Is more pain to come?</p>\n<p>Cryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.</p>\n<p>Over the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.</p>\n<p>\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"</p>\n<p><b>Elon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:</b>How to stay safe when investing in cryptocurrency</p>\n<p>Some analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.</p>\n<p>\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.</p>\n<p>Still, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.</p>\n<p>Are cryptos right for you?</p>\n<p>First-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.</p>\n<p>In 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.</p>\n<p>Dogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.</p>\n<p><b>Cryptos are now in 401(k)s:</b>Are they the right investment for your nest egg?</p>\n<p>Even with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.</p>\n<p>About 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.</p>\n<p>“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.</p>\n<p>\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”</p>","source":"lsy1624439865427","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>Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.</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\">\nBitcoin briefly crashed again, wiping out 2021 gains. Here's why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/><strong>USA Today</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a ...</p>\n\n<a href=\"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc."},"source_url":"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115716980","content_text":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.\nBitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.\nOther cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.\nThe selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.\nHere’s what drove the latest sell-off:\nWill Dogecoin go up or bust?:Here are 700 million reasons its bubble will burst.\nBitcoin is up, then down:But exactly how does it work?\nWhy are cryptos falling?\nAfter topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.\nSince then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.\nIn early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.\nBitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.\nBitcoin shed more than 10% on Monday, its largest one-day drop in over a month.\nHow much have Bitcoin, Ethereum and Dogecoin lost in value?\nWith Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.\nEthereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.\nIs more pain to come?\nCryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.\nOver the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.\n\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"\nElon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:How to stay safe when investing in cryptocurrency\nSome analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.\n\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.\nStill, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.\nAre cryptos right for you?\nFirst-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.\nIn 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.\nDogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.\nCryptos are now in 401(k)s:Are they the right investment for your nest egg?\nEven with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.\nAbout 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.\n“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.\n\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”","news_type":1,"symbols_score_info":{"GBTC":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121061432,"gmtCreate":1624445018926,"gmtModify":1703836871850,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Shell maybe","listText":"Shell maybe","text":"Shell maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121061432","repostId":"1171868666","repostType":4,"isVote":1,"tweetType":1,"viewCount":2582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121063750,"gmtCreate":1624444996370,"gmtModify":1703836870714,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Retraced&nbsp;","listText":"Retraced&nbsp;","text":"Retraced","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121063750","repostId":"1118272969","repostType":4,"isVote":1,"tweetType":1,"viewCount":2214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121063055,"gmtCreate":1624444977777,"gmtModify":1703836869416,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Sell","listText":"Sell","text":"Sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121063055","repostId":"2145509616","repostType":4,"repost":{"id":"2145509616","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":1624441324,"share":"https://ttm.financial/m/news/2145509616?lang=en_US&edition=fundamental","pubTime":"2021-06-23 17:42","market":"us","language":"en","title":"Alfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks","url":"https://stock-news.laohu8.com/highlight/detail?id=2145509616","media":"Reuters","summary":"June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more","content":"<p>June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more than doubling in value in the previous session, in a move evocative of the so-called \"meme stock\" frenzy that has gripped equity markets this year.</p>\n<p>Alfi's stock was trading at around $14.65 per share by 5:26 a.m. ET after ending Tuesday's session at a record high of $16.29, and was again among the most heavily traded stocks before the bell.</p>\n<p>Some social media users and <a href=\"https://laohu8.com/S/AONE\">one</a> portfolio manager on Tuesday cited a Benzinga.com report that Alfi planned to buy back stock as helping to fuel the rally.</p>\n<p>Shares of a group of heavily shorted companies including video game retailer GameStop Corp and cinema operator AMC Entertainment Holdings Inc have seen wild swings this year in a phenomenon dubbed the \"meme stock\" rally that has been driven by small-time traders on online discussion forums.</p>\n<p>Although short interest in Alfi last stood at 3.85% of free float, according to Refinitiv data, the company was among the top 10 trending stocks on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from retail investors.</p>\n<p>Another retail darling, <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a></p>\n<p>, sank 10% in premarket trading, extending a 30% slide in the previous session after it upsized its stock offering to $250 million.</p>\n<p>GameStop has also cashed in on the Reddit-driven rally in its stock, saying on Tuesday it had raised $1.13 billion in its latest share offering. Its shares were down 0.3% after jumping 10% in the previous session.</p>\n<p>AMC shares slid 0.8%, while other meme stocks Clover Health Investments Corp , ContextLogic Inc and Petco Health and Wellness Co rose between 0.4% and 2.4%.</p>\n<p>(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)</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>Alfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks</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\">\nAlfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks\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\">2021-06-23 17:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more than doubling in value in the previous session, in a move evocative of the so-called \"meme stock\" frenzy that has gripped equity markets this year.</p>\n<p>Alfi's stock was trading at around $14.65 per share by 5:26 a.m. ET after ending Tuesday's session at a record high of $16.29, and was again among the most heavily traded stocks before the bell.</p>\n<p>Some social media users and <a href=\"https://laohu8.com/S/AONE\">one</a> portfolio manager on Tuesday cited a Benzinga.com report that Alfi planned to buy back stock as helping to fuel the rally.</p>\n<p>Shares of a group of heavily shorted companies including video game retailer GameStop Corp and cinema operator AMC Entertainment Holdings Inc have seen wild swings this year in a phenomenon dubbed the \"meme stock\" rally that has been driven by small-time traders on online discussion forums.</p>\n<p>Although short interest in Alfi last stood at 3.85% of free float, according to Refinitiv data, the company was among the top 10 trending stocks on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from retail investors.</p>\n<p>Another retail darling, <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a></p>\n<p>, sank 10% in premarket trading, extending a 30% slide in the previous session after it upsized its stock offering to $250 million.</p>\n<p>GameStop has also cashed in on the Reddit-driven rally in its stock, saying on Tuesday it had raised $1.13 billion in its latest share offering. Its shares were down 0.3% after jumping 10% in the previous session.</p>\n<p>AMC shares slid 0.8%, while other meme stocks Clover Health Investments Corp , ContextLogic Inc and Petco Health and Wellness Co rose between 0.4% and 2.4%.</p>\n<p>(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","WOOF":"Petco Health and Wellness Company, Inc.","MMAT":"Meta Materials Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145509616","content_text":"June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more than doubling in value in the previous session, in a move evocative of the so-called \"meme stock\" frenzy that has gripped equity markets this year.\nAlfi's stock was trading at around $14.65 per share by 5:26 a.m. ET after ending Tuesday's session at a record high of $16.29, and was again among the most heavily traded stocks before the bell.\nSome social media users and one portfolio manager on Tuesday cited a Benzinga.com report that Alfi planned to buy back stock as helping to fuel the rally.\nShares of a group of heavily shorted companies including video game retailer GameStop Corp and cinema operator AMC Entertainment Holdings Inc have seen wild swings this year in a phenomenon dubbed the \"meme stock\" rally that has been driven by small-time traders on online discussion forums.\nAlthough short interest in Alfi last stood at 3.85% of free float, according to Refinitiv data, the company was among the top 10 trending stocks on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from retail investors.\nAnother retail darling, Torchlight Energy Resources Inc\n, sank 10% in premarket trading, extending a 30% slide in the previous session after it upsized its stock offering to $250 million.\nGameStop has also cashed in on the Reddit-driven rally in its stock, saying on Tuesday it had raised $1.13 billion in its latest share offering. Its shares were down 0.3% after jumping 10% in the previous session.\nAMC shares slid 0.8%, while other meme stocks Clover Health Investments Corp , ContextLogic Inc and Petco Health and Wellness Co rose between 0.4% and 2.4%.\n(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)","news_type":1,"symbols_score_info":{"CLOV":0.9,"WOOF":0.9,"MMAT":0.9,"WISH":0.9,"TRCH":0.9}},"isVote":1,"tweetType":1,"viewCount":1919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121069557,"gmtCreate":1624444962979,"gmtModify":1703836869091,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Trm","listText":"Trm","text":"Trm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121069557","repostId":"2145096879","repostType":4,"isVote":1,"tweetType":1,"viewCount":2434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121060731,"gmtCreate":1624444898523,"gmtModify":1703836867467,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"&nbsp;&nbsp;really&nbsp;","listText":"&nbsp;&nbsp;really&nbsp;","text":"really","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121060731","repostId":"1145825451","repostType":4,"isVote":1,"tweetType":1,"viewCount":2226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165685538,"gmtCreate":1624126917324,"gmtModify":1703829162762,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Wulala","listText":"Wulala","text":"Wulala","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165685538","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":2285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137567062,"gmtCreate":1622364682056,"gmtModify":1704183510639,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137567062","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=en_US&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</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>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</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\">\nThe Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1,"symbols_score_info":{"WGO":0.9}},"isVote":1,"tweetType":1,"viewCount":2597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130780397,"gmtCreate":1621565856419,"gmtModify":1704359782640,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"[Sad]&nbsp;","listText":"[Sad]&nbsp;","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/130780397","repostId":"2137763179","repostType":4,"repost":{"id":"2137763179","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":1621544173,"share":"https://ttm.financial/m/news/2137763179?lang=en_US&edition=fundamental","pubTime":"2021-05-21 04:56","market":"us","language":"en","title":"Wall Street ends to snap 3-day losing streak as technology stocks rise higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2137763179","media":"Reuters","summary":"May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed ","content":"<p>May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.</p><p>Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global&nbsp;rose 3.83%, while Crypto-miners Riot Blockchain&nbsp;and Marathon Digital Holdings&nbsp;gained 0.17% and 0.83% respectively.</p><p>\"There's a big risk, regulatory risk, to crypto that's not fully appreciated,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York. \"The central banks have a monopoly on currency. And so we just think that it's a little bit surprising they haven't enforced that monopoly.\"</p><p>The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time, suggesting job growth picked up this month, though companies still are desperate for workers.</p><p>Wall Street's main indexes fell on Wednesday, extending losses since, after minutes from the Federal Reserve's meeting last month indicated some policymakers thought it would be appropriate to discuss easing of crisis-era support, such as tapering bond purchases, in upcoming meetings if the strong economic momentum is sustained.</p><p>\"Right now really there is just <a href=\"https://laohu8.com/S/AONE\">one</a> driver of the market, and that is the Fed and potential timing of tapering and quantitative easing,\" Hatfield added.</p><p>Signs of rising inflation have increased bets that the Federal Reserve may tighten its policy soon, hitting rate-sensitive growth stocks that set the tech-heavy Nasdaq on track for its fifth consecutive weekly drop.</p><p>The Dow Jones Industrial Average&nbsp;rose 188.11 points, or 0.55%, to 34,084.15, the S&amp;P 500    gained 43.44 points, or 1.06%, to 4,159.12 and the Nasdaq Composite&nbsp;added 236.00 points, or 1.77%, to 13,535.74.</p><p>Volume on U.S. exchanges was 9.30 billion shares, compared with the 10.05 billion average for the full session over the last 20 trading days.</p><p>Retailers were a weak spot. Ralph Lauren Corp&nbsp;dropped 7.01% after it forecast full-year sales below analysts' estimates, making it the largest percentage decliner on the S&amp;P 500,&nbsp;Kohl's Corp&nbsp;slumped 10.17% after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.42-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 17 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 28 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Reports</i></b></p><p><a href=\"https://laohu8.com/NW/2137757969\" target=\"_blank\">Applied Materials reports record sales as chip shortage boosts equipment business</a></p><p><a href=\"https://laohu8.com/NW/1129529284\" target=\"_blank\">Ross Stores Earnings, Revenue Beat in Q1</a></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>Wall Street ends to snap 3-day losing streak as technology stocks rise higher</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\">\nWall Street ends to snap 3-day losing streak as technology stocks rise higher\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\">2021-05-21 04:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.</p><p>Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global&nbsp;rose 3.83%, while Crypto-miners Riot Blockchain&nbsp;and Marathon Digital Holdings&nbsp;gained 0.17% and 0.83% respectively.</p><p>\"There's a big risk, regulatory risk, to crypto that's not fully appreciated,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York. \"The central banks have a monopoly on currency. And so we just think that it's a little bit surprising they haven't enforced that monopoly.\"</p><p>The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time, suggesting job growth picked up this month, though companies still are desperate for workers.</p><p>Wall Street's main indexes fell on Wednesday, extending losses since, after minutes from the Federal Reserve's meeting last month indicated some policymakers thought it would be appropriate to discuss easing of crisis-era support, such as tapering bond purchases, in upcoming meetings if the strong economic momentum is sustained.</p><p>\"Right now really there is just <a href=\"https://laohu8.com/S/AONE\">one</a> driver of the market, and that is the Fed and potential timing of tapering and quantitative easing,\" Hatfield added.</p><p>Signs of rising inflation have increased bets that the Federal Reserve may tighten its policy soon, hitting rate-sensitive growth stocks that set the tech-heavy Nasdaq on track for its fifth consecutive weekly drop.</p><p>The Dow Jones Industrial Average&nbsp;rose 188.11 points, or 0.55%, to 34,084.15, the S&amp;P 500    gained 43.44 points, or 1.06%, to 4,159.12 and the Nasdaq Composite&nbsp;added 236.00 points, or 1.77%, to 13,535.74.</p><p>Volume on U.S. exchanges was 9.30 billion shares, compared with the 10.05 billion average for the full session over the last 20 trading days.</p><p>Retailers were a weak spot. Ralph Lauren Corp&nbsp;dropped 7.01% after it forecast full-year sales below analysts' estimates, making it the largest percentage decliner on the S&amp;P 500,&nbsp;Kohl's Corp&nbsp;slumped 10.17% after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.42-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 17 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 28 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Reports</i></b></p><p><a href=\"https://laohu8.com/NW/2137757969\" target=\"_blank\">Applied Materials reports record sales as chip shortage boosts equipment business</a></p><p><a href=\"https://laohu8.com/NW/1129529284\" target=\"_blank\">Ross Stores Earnings, Revenue Beat in Q1</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137763179","content_text":"May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global rose 3.83%, while Crypto-miners Riot Blockchain and Marathon Digital Holdings gained 0.17% and 0.83% respectively.\"There's a big risk, regulatory risk, to crypto that's not fully appreciated,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York. \"The central banks have a monopoly on currency. And so we just think that it's a little bit surprising they haven't enforced that monopoly.\"The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time, suggesting job growth picked up this month, though companies still are desperate for workers.Wall Street's main indexes fell on Wednesday, extending losses since, after minutes from the Federal Reserve's meeting last month indicated some policymakers thought it would be appropriate to discuss easing of crisis-era support, such as tapering bond purchases, in upcoming meetings if the strong economic momentum is sustained.\"Right now really there is just one driver of the market, and that is the Fed and potential timing of tapering and quantitative easing,\" Hatfield added.Signs of rising inflation have increased bets that the Federal Reserve may tighten its policy soon, hitting rate-sensitive growth stocks that set the tech-heavy Nasdaq on track for its fifth consecutive weekly drop.The Dow Jones Industrial Average rose 188.11 points, or 0.55%, to 34,084.15, the S&P 500    gained 43.44 points, or 1.06%, to 4,159.12 and the Nasdaq Composite added 236.00 points, or 1.77%, to 13,535.74.Volume on U.S. exchanges was 9.30 billion shares, compared with the 10.05 billion average for the full session over the last 20 trading days.Retailers were a weak spot. Ralph Lauren Corp dropped 7.01% after it forecast full-year sales below analysts' estimates, making it the largest percentage decliner on the S&P 500, Kohl's Corp slumped 10.17% after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.Advancing issues outnumbered declining ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.42-to-1 ratio favored advancers.The S&P 500 posted 17 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 28 new lows.Financial ReportsApplied Materials reports record sales as chip shortage boosts equipment businessRoss Stores Earnings, Revenue Beat in Q1","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":102448440,"gmtCreate":1620238013380,"gmtModify":1704340627382,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"[Smug]&nbsp;","listText":"[Smug]&nbsp;","text":"[Smug]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/102448440","repostId":"1148686352","repostType":4,"repost":{"id":"1148686352","kind":"news","pubTimestamp":1620224535,"share":"https://ttm.financial/m/news/1148686352?lang=en_US&edition=fundamental","pubTime":"2021-05-05 22:22","market":"us","language":"en","title":"This Day In Market History: Panic Of 1893 Crashes Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1148686352","media":"benzinga","summary":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the ","content":"<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">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>This Day In Market History: Panic Of 1893 Crashes Stock Market</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\">\nThis Day In Market History: Panic Of 1893 Crashes Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-05 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In...</p>\n\n<a href=\"https://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market\">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://www.benzinga.com/general/education/21/05/20964728/this-day-in-market-history-panic-of-1893-crashes-stock-market","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1148686352","content_text":"What Happened?On this day in 1893, U.S. stocks suffered their worst intraday loss in history at the time.\nWhere The Market Was:The Dow finished the day at 30.02.\nWhat Else Was Going On In The World?In 1893, Thomas Edison completed the world’s first movie studio in West Orange, New Jersey. Lizzie Borden was acquitted of the ax murders of her father and stepmother. A fresh, one-pound beef steak cost 10 cents.\nPanic Of 1893:On May 5, 1893, the Dow Jones Index dropped more than 24% from 39.90 to 30.02. It would mark the worst intraday sell-off in U.S. history at the time, a record that would stand until 1929.\nThe Panic of 1893 was triggered in part by falling gold reserves in the U.S. Treasury. At the time, the U.S. was on the gold standard, meaning U.S. dollars could be redeemed for physical gold. When Treasury gold reserves dropped from $190 million in 1890 to $100 million by 1893, Americans grew concerned that the Treasury might run out of gold and began withdrawing bank notes and converting them to gold, placing extreme strain on the U.S. banking industry and credit markets.\nThe May 5 sell-off was triggered in part by the bankruptcy of Nation Cordage the day before.General Electric CompanyGE 0.34%shares dropped 28% on the day from $80 to $58.\nFortunately for investors, the Panic of 1893 didn’t last for long. By the end of the day, the market nearly completely recovered its losses. GE, for example, closed the session at $78.50.\nThe Panic of 1893 would ravage the U.S. economy, triggering a severe four-year depression. Roughly 14,000 U.S. businesses closed, and unemployment rose to 20%. The event would mark the worst economic downturn in U.S. history until the Great Depression began in 1929.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1906,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375235705,"gmtCreate":1619344945907,"gmtModify":1704722708269,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Pls comment n like","listText":"Pls comment n like","text":"Pls comment n like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/375235705","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375966057,"gmtCreate":1619278661979,"gmtModify":1704722066497,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/375966057","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372801511,"gmtCreate":1619188631033,"gmtModify":1704721048057,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"comment","listText":"comment","text":"comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372801511","repostId":"1143062408","repostType":4,"isVote":1,"tweetType":1,"viewCount":832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372801045,"gmtCreate":1619188595487,"gmtModify":1704721047247,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"tiktok","listText":"tiktok","text":"tiktok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372801045","repostId":"1131579471","repostType":4,"repost":{"id":"1131579471","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":1619187935,"share":"https://ttm.financial/m/news/1131579471?lang=en_US&edition=fundamental","pubTime":"2021-04-23 22:25","market":"us","language":"en","title":"ByteDance says it has no recent plans for public listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1131579471","media":"Tiger Newspress","summary":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an","content":"<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi&nbsp;executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post.</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>ByteDance says it has no recent plans for public listing</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\">\nByteDance says it has no recent plans for public listing\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\">2021-04-23 22:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi&nbsp;executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131579471","content_text":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.Recently, there are a lot of news about the company will be listed.ByteDance last month hired former Xiaomi executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post.","news_type":1,"symbols_score_info":{"01024":0.9,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373789799,"gmtCreate":1618883697711,"gmtModify":1704716316674,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Serve them right for helping shorters","listText":"Serve them right for helping shorters","text":"Serve them right for helping shorters","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373789799","repostId":"2128605818","repostType":4,"repost":{"id":"2128605818","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":1618878600,"share":"https://ttm.financial/m/news/2128605818?lang=en_US&edition=fundamental","pubTime":"2021-04-20 08:30","market":"us","language":"en","title":"Lawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag","url":"https://stock-news.laohu8.com/highlight/detail?id=2128605818","media":"Dow Jones","summary":"Monday, April 19 marked an important initial court date. Here's what happened.\n\nWhen Robinhood sudde","content":"<blockquote>\n Monday, April 19 marked an important initial court date. Here's what happened.\n</blockquote>\n<p>When Robinhood suddenly set buying restrictions at the height of the GameStop trading frenzy in the early months of 2021, users reacted with fury.</p>\n<p>Now, the legal journey begins in earnest on Monday for those angry investors.</p>\n<p>April 19 marked the initial court date following a judicial panel's decision to bunch together nearly 40 lawsuits -- and possibly more -- in front of <a href=\"https://laohu8.com/S/AONE.U\">one</a> Miami federal judge who will handle the \"multi-district litigation.\" The <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (ZM) call had nearly 140 lawyers and other attendees listening, according to the count from one court staff assisting with logistics.</p>\n<p>But there is one big snag: If these plaintiffs think investment decisions are complicated and don't like sluggish responses to their decisions, well, experts say, they ain't seen nothin' yet.</p>\n<p>\"Even though all of this is designed to expedite proceedings, this still takes forever. These cases drag on for years,\" said Sergio Campos, a professor at the University of Miami School of Law who teaches civil procedure and complex litigation. \"The complexity of the issues alone suggest we are looking at years.\"</p>\n<p>The January and February trading spree -- fueled, at least in part, by members of Reddit's WallStreetBets forum -- gave a massive price boost to heavily-shorted stocks like GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> and AMC Entertainment <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>.</p>\n<p>But as volatility intensified, trading platforms like Robinhood, the brokerage app popular with young investors, applied temporary trading restrictions.</p>\n<p>Vladimir Tenev, Robinhood's co-CEO, would later tell lawmakers his company had to take that step to raise capital from its own investors as it met its collateral requirements on the tower of trades.</p>\n<p>\"Despite the unprecedented market conditions in January, at the end of the day, what happened is unacceptable to us,\" Tenev said during a February hearing before the House of Representative's Financial Services Committee. \"To our customers, I'm sorry and I apologize.\"</p>\n<p>Other brokerage platforms, including TD Ameritrade , also temporarily applied certain restrictions. Spokespeople for Robinhood, TD Ameritrade and Webull declined to comment on the litigation.</p>\n<p>Tenev's apologies did not mollify some aggrieved investors, and class-action cases have cropped up from California to Connecticut, Texas to Florida.</p>\n<p>The lawsuits have their differences but they all revolve around the allegation that the brokerage platforms broke their promise with users to let them trade as they saw fit, according to court papers.</p>\n<p>Some also allege Robinhood limited trading to help institutional investors \" in a filing.</p>\n<p>This is where a procedural, but significant step comes in.</p>\n<p>The defendant companies, from Robinhood down the line, supported the idea of centralizing the proceedings in one courthouse. (Most of the cases only name Robinhood as a defendant, but court papers say other cases rope in more than 40 brokers, funds and clearinghouses.) Most of the plaintiffs backed the idea as well.</p>\n<p>On April 1, a three-judge panel agreed with the approach.</p>\n<p>\"Given the number of parties and counsel, centralization is the only practicable means of coordinating the pretrial proceedings in this litigation,\" the three judges wrote in a case docket entitled \"In Re: January 2021 Short Squeeze Trading Litigation.\"</p>\n<p>The panel counted 39 pending cases in 14 different jurisdictions. The parties alerted the court to another 15 related cases ahead of its decision.</p>\n<p>The panel handed the basket of cases to District Court Judge Cecilia Altonaga, sitting in the Southern District of Florida. Ten of the actions are pending in Florida and four were filed in Altonaga's courthouse.</p>\n<p>Altonaga is an \"able jurist with multidistrict litigation experience,\" the panel wrote. Past cases from the judge, nominated during the George W. Bush administration, include a multidistrict case related to denture cream .</p>\n<p>The panel wrote it was \"confident that Judge Altonaga will steer this litigation on an efficient and prudent course.\"</p>\n<p>So, where to next? The sequence of events matter for Robinhood as it prepares for an IPO and spars with Massachusetts regulators who say it put its own interests ahead of customers. It also matters for rookie retail investors who are learning the market, and say Robinhood's restrictions wrongly put them at a disadvantage.</p>\n<p>'She has the power to do everything, soup to nuts'</p>\n<p>The multi-district litigation may be new for young investors, but it's not novel for the federal court system, which applies the approach when widespread events spur lawsuits. That includes occurrences like faulty consumer products, dangerous medication or data breaches.</p>\n<p>The courts had 187 multidistrict litigation cases on its docket as of mid-April, statistics show .</p>\n<p>From here on, Altonaga has the ability to decide important topics like evidence disputes and class certification, said <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> Sahani, a professor and associate dean at Arizona State University's Sandra Day O'Connor College of Law.</p>\n<p>The judge can also rule on defense motions to toss the case ahead of trial, Sahani said.</p>\n<p>\"She has the power to do everything, soup to nuts,\" Sahani said.</p>\n<p>Once all pre-trial matters are determined, the parties can opt to stick with Altonaga for the trial. Or the case can go back to the original court where it was filed -- that is, if the case even gets to a trial. Few civil cases get to that point, either because of settlement or dismissal, Sahani noted.</p>\n<p>Robinhood's attorneys are wagering the cases will not go far. \"We will not get past motions to dismiss,\" Kevin Orsini, a partner at Cravath, Swaine &amp; Moore, Robinhood's laywer said during Monday's court conference. Robinhood had important factors like Securities and Exchange Commission statements and court rulings on its side, he said.</p>\n<p>The plaintiffs' side begged to differ on Monday. \"We think Robinhood and the brokers are not allowed to do what they did,\" said Jeffrey Klafter, of Klafter Lesser.</p>\n<p>Cases might also end up in an arbitrator's office rather than a courtroom. Though some consumer advocates have said arbitration is tilted towards employers and corporations, businesses say the process is fair. Robinhood has an arbitration clause . Class-action lawsuits, however, can be a way around the clause.</p>\n<p>But Sahani says the clause does not automatically apply in a courtroom. \"The only way arbitration gets triggered is if one of the parties raises their hand,\" she said. Altonaga would rule on whether to grant those motions to compel arbitration, Sahani said.</p>\n<p>A bill introduced last week, the Investor Choice Act, would prevent broker-dealers and investment advisers from using mandatory arbitration.</p>\n<p>When cases get grouped together for the sake of efficiency, so does the legal representation. As a result, steering committees of lead plaintiffs' lawyers get formed in the multi-district litigation process.</p>\n<p>Yet if a plaintiff signs up with one attorney, how can they know the lead attorneys will represent them with the same interest?</p>\n<p>\"That has become quite a contentious issue,\" said Campos. For the plaintiffs involved, \"it can be a little bewildering.\"</p>\n<p>The concern about representation is a fair point, says Matthew Wilson, principal at Meyer Wilson in Columbus, Ohio, where he represents investors and consumers in class-action cases.</p>\n<p>However, all class action lawyers have a duty to advocate as best they can for whoever comes into their case, he said. Members of a class also keep the right to refuse going along with any proposed settlement, Wilson noted.</p>\n<p>Wilson represents investors in a different case against Robinhood stemming from 2020 service outages on the platform. The litigation is pending in the Northern District of California.</p>\n<p>He said if he had it his way, there wouldn't be things like mandatory arbitration. A customer should be able to decide whether to go with arbitration or court cases after a dispute surfaces, he said.</p>\n<p>\"We don't live in that world yet. Failing that, this is what you get,\" he said.</p>\n<p>Monday's court date discussed who would be lead counsel and how cases would be grouped, depending on their allegations. The plaintiffs attorneys will submit papers on proposed lead lawyers by the end of this week and into early next week.</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>Lawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag</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\">\nLawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag\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\">2021-04-20 08:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Monday, April 19 marked an important initial court date. Here's what happened.\n</blockquote>\n<p>When Robinhood suddenly set buying restrictions at the height of the GameStop trading frenzy in the early months of 2021, users reacted with fury.</p>\n<p>Now, the legal journey begins in earnest on Monday for those angry investors.</p>\n<p>April 19 marked the initial court date following a judicial panel's decision to bunch together nearly 40 lawsuits -- and possibly more -- in front of <a href=\"https://laohu8.com/S/AONE.U\">one</a> Miami federal judge who will handle the \"multi-district litigation.\" The <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (ZM) call had nearly 140 lawyers and other attendees listening, according to the count from one court staff assisting with logistics.</p>\n<p>But there is one big snag: If these plaintiffs think investment decisions are complicated and don't like sluggish responses to their decisions, well, experts say, they ain't seen nothin' yet.</p>\n<p>\"Even though all of this is designed to expedite proceedings, this still takes forever. These cases drag on for years,\" said Sergio Campos, a professor at the University of Miami School of Law who teaches civil procedure and complex litigation. \"The complexity of the issues alone suggest we are looking at years.\"</p>\n<p>The January and February trading spree -- fueled, at least in part, by members of Reddit's WallStreetBets forum -- gave a massive price boost to heavily-shorted stocks like GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> and AMC Entertainment <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>.</p>\n<p>But as volatility intensified, trading platforms like Robinhood, the brokerage app popular with young investors, applied temporary trading restrictions.</p>\n<p>Vladimir Tenev, Robinhood's co-CEO, would later tell lawmakers his company had to take that step to raise capital from its own investors as it met its collateral requirements on the tower of trades.</p>\n<p>\"Despite the unprecedented market conditions in January, at the end of the day, what happened is unacceptable to us,\" Tenev said during a February hearing before the House of Representative's Financial Services Committee. \"To our customers, I'm sorry and I apologize.\"</p>\n<p>Other brokerage platforms, including TD Ameritrade , also temporarily applied certain restrictions. Spokespeople for Robinhood, TD Ameritrade and Webull declined to comment on the litigation.</p>\n<p>Tenev's apologies did not mollify some aggrieved investors, and class-action cases have cropped up from California to Connecticut, Texas to Florida.</p>\n<p>The lawsuits have their differences but they all revolve around the allegation that the brokerage platforms broke their promise with users to let them trade as they saw fit, according to court papers.</p>\n<p>Some also allege Robinhood limited trading to help institutional investors \" in a filing.</p>\n<p>This is where a procedural, but significant step comes in.</p>\n<p>The defendant companies, from Robinhood down the line, supported the idea of centralizing the proceedings in one courthouse. (Most of the cases only name Robinhood as a defendant, but court papers say other cases rope in more than 40 brokers, funds and clearinghouses.) Most of the plaintiffs backed the idea as well.</p>\n<p>On April 1, a three-judge panel agreed with the approach.</p>\n<p>\"Given the number of parties and counsel, centralization is the only practicable means of coordinating the pretrial proceedings in this litigation,\" the three judges wrote in a case docket entitled \"In Re: January 2021 Short Squeeze Trading Litigation.\"</p>\n<p>The panel counted 39 pending cases in 14 different jurisdictions. The parties alerted the court to another 15 related cases ahead of its decision.</p>\n<p>The panel handed the basket of cases to District Court Judge Cecilia Altonaga, sitting in the Southern District of Florida. Ten of the actions are pending in Florida and four were filed in Altonaga's courthouse.</p>\n<p>Altonaga is an \"able jurist with multidistrict litigation experience,\" the panel wrote. Past cases from the judge, nominated during the George W. Bush administration, include a multidistrict case related to denture cream .</p>\n<p>The panel wrote it was \"confident that Judge Altonaga will steer this litigation on an efficient and prudent course.\"</p>\n<p>So, where to next? The sequence of events matter for Robinhood as it prepares for an IPO and spars with Massachusetts regulators who say it put its own interests ahead of customers. It also matters for rookie retail investors who are learning the market, and say Robinhood's restrictions wrongly put them at a disadvantage.</p>\n<p>'She has the power to do everything, soup to nuts'</p>\n<p>The multi-district litigation may be new for young investors, but it's not novel for the federal court system, which applies the approach when widespread events spur lawsuits. That includes occurrences like faulty consumer products, dangerous medication or data breaches.</p>\n<p>The courts had 187 multidistrict litigation cases on its docket as of mid-April, statistics show .</p>\n<p>From here on, Altonaga has the ability to decide important topics like evidence disputes and class certification, said <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> Sahani, a professor and associate dean at Arizona State University's Sandra Day O'Connor College of Law.</p>\n<p>The judge can also rule on defense motions to toss the case ahead of trial, Sahani said.</p>\n<p>\"She has the power to do everything, soup to nuts,\" Sahani said.</p>\n<p>Once all pre-trial matters are determined, the parties can opt to stick with Altonaga for the trial. Or the case can go back to the original court where it was filed -- that is, if the case even gets to a trial. Few civil cases get to that point, either because of settlement or dismissal, Sahani noted.</p>\n<p>Robinhood's attorneys are wagering the cases will not go far. \"We will not get past motions to dismiss,\" Kevin Orsini, a partner at Cravath, Swaine &amp; Moore, Robinhood's laywer said during Monday's court conference. Robinhood had important factors like Securities and Exchange Commission statements and court rulings on its side, he said.</p>\n<p>The plaintiffs' side begged to differ on Monday. \"We think Robinhood and the brokers are not allowed to do what they did,\" said Jeffrey Klafter, of Klafter Lesser.</p>\n<p>Cases might also end up in an arbitrator's office rather than a courtroom. Though some consumer advocates have said arbitration is tilted towards employers and corporations, businesses say the process is fair. Robinhood has an arbitration clause . Class-action lawsuits, however, can be a way around the clause.</p>\n<p>But Sahani says the clause does not automatically apply in a courtroom. \"The only way arbitration gets triggered is if one of the parties raises their hand,\" she said. Altonaga would rule on whether to grant those motions to compel arbitration, Sahani said.</p>\n<p>A bill introduced last week, the Investor Choice Act, would prevent broker-dealers and investment advisers from using mandatory arbitration.</p>\n<p>When cases get grouped together for the sake of efficiency, so does the legal representation. As a result, steering committees of lead plaintiffs' lawyers get formed in the multi-district litigation process.</p>\n<p>Yet if a plaintiff signs up with one attorney, how can they know the lead attorneys will represent them with the same interest?</p>\n<p>\"That has become quite a contentious issue,\" said Campos. For the plaintiffs involved, \"it can be a little bewildering.\"</p>\n<p>The concern about representation is a fair point, says Matthew Wilson, principal at Meyer Wilson in Columbus, Ohio, where he represents investors and consumers in class-action cases.</p>\n<p>However, all class action lawyers have a duty to advocate as best they can for whoever comes into their case, he said. Members of a class also keep the right to refuse going along with any proposed settlement, Wilson noted.</p>\n<p>Wilson represents investors in a different case against Robinhood stemming from 2020 service outages on the platform. The litigation is pending in the Northern District of California.</p>\n<p>He said if he had it his way, there wouldn't be things like mandatory arbitration. A customer should be able to decide whether to go with arbitration or court cases after a dispute surfaces, he said.</p>\n<p>\"We don't live in that world yet. Failing that, this is what you get,\" he said.</p>\n<p>Monday's court date discussed who would be lead counsel and how cases would be grouped, depending on their allegations. The plaintiffs attorneys will submit papers on proposed lead lawyers by the end of this week and into early next week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128605818","content_text":"Monday, April 19 marked an important initial court date. Here's what happened.\n\nWhen Robinhood suddenly set buying restrictions at the height of the GameStop trading frenzy in the early months of 2021, users reacted with fury.\nNow, the legal journey begins in earnest on Monday for those angry investors.\nApril 19 marked the initial court date following a judicial panel's decision to bunch together nearly 40 lawsuits -- and possibly more -- in front of one Miami federal judge who will handle the \"multi-district litigation.\" The Zoom (ZM) call had nearly 140 lawyers and other attendees listening, according to the count from one court staff assisting with logistics.\nBut there is one big snag: If these plaintiffs think investment decisions are complicated and don't like sluggish responses to their decisions, well, experts say, they ain't seen nothin' yet.\n\"Even though all of this is designed to expedite proceedings, this still takes forever. These cases drag on for years,\" said Sergio Campos, a professor at the University of Miami School of Law who teaches civil procedure and complex litigation. \"The complexity of the issues alone suggest we are looking at years.\"\nThe January and February trading spree -- fueled, at least in part, by members of Reddit's WallStreetBets forum -- gave a massive price boost to heavily-shorted stocks like GameStop $(GME)$ and AMC Entertainment $(AMC)$.\nBut as volatility intensified, trading platforms like Robinhood, the brokerage app popular with young investors, applied temporary trading restrictions.\nVladimir Tenev, Robinhood's co-CEO, would later tell lawmakers his company had to take that step to raise capital from its own investors as it met its collateral requirements on the tower of trades.\n\"Despite the unprecedented market conditions in January, at the end of the day, what happened is unacceptable to us,\" Tenev said during a February hearing before the House of Representative's Financial Services Committee. \"To our customers, I'm sorry and I apologize.\"\nOther brokerage platforms, including TD Ameritrade , also temporarily applied certain restrictions. Spokespeople for Robinhood, TD Ameritrade and Webull declined to comment on the litigation.\nTenev's apologies did not mollify some aggrieved investors, and class-action cases have cropped up from California to Connecticut, Texas to Florida.\nThe lawsuits have their differences but they all revolve around the allegation that the brokerage platforms broke their promise with users to let them trade as they saw fit, according to court papers.\nSome also allege Robinhood limited trading to help institutional investors \" in a filing.\nThis is where a procedural, but significant step comes in.\nThe defendant companies, from Robinhood down the line, supported the idea of centralizing the proceedings in one courthouse. (Most of the cases only name Robinhood as a defendant, but court papers say other cases rope in more than 40 brokers, funds and clearinghouses.) Most of the plaintiffs backed the idea as well.\nOn April 1, a three-judge panel agreed with the approach.\n\"Given the number of parties and counsel, centralization is the only practicable means of coordinating the pretrial proceedings in this litigation,\" the three judges wrote in a case docket entitled \"In Re: January 2021 Short Squeeze Trading Litigation.\"\nThe panel counted 39 pending cases in 14 different jurisdictions. The parties alerted the court to another 15 related cases ahead of its decision.\nThe panel handed the basket of cases to District Court Judge Cecilia Altonaga, sitting in the Southern District of Florida. Ten of the actions are pending in Florida and four were filed in Altonaga's courthouse.\nAltonaga is an \"able jurist with multidistrict litigation experience,\" the panel wrote. Past cases from the judge, nominated during the George W. Bush administration, include a multidistrict case related to denture cream .\nThe panel wrote it was \"confident that Judge Altonaga will steer this litigation on an efficient and prudent course.\"\nSo, where to next? The sequence of events matter for Robinhood as it prepares for an IPO and spars with Massachusetts regulators who say it put its own interests ahead of customers. It also matters for rookie retail investors who are learning the market, and say Robinhood's restrictions wrongly put them at a disadvantage.\n'She has the power to do everything, soup to nuts'\nThe multi-district litigation may be new for young investors, but it's not novel for the federal court system, which applies the approach when widespread events spur lawsuits. That includes occurrences like faulty consumer products, dangerous medication or data breaches.\nThe courts had 187 multidistrict litigation cases on its docket as of mid-April, statistics show .\nFrom here on, Altonaga has the ability to decide important topics like evidence disputes and class certification, said Victoria Sahani, a professor and associate dean at Arizona State University's Sandra Day O'Connor College of Law.\nThe judge can also rule on defense motions to toss the case ahead of trial, Sahani said.\n\"She has the power to do everything, soup to nuts,\" Sahani said.\nOnce all pre-trial matters are determined, the parties can opt to stick with Altonaga for the trial. Or the case can go back to the original court where it was filed -- that is, if the case even gets to a trial. Few civil cases get to that point, either because of settlement or dismissal, Sahani noted.\nRobinhood's attorneys are wagering the cases will not go far. \"We will not get past motions to dismiss,\" Kevin Orsini, a partner at Cravath, Swaine & Moore, Robinhood's laywer said during Monday's court conference. Robinhood had important factors like Securities and Exchange Commission statements and court rulings on its side, he said.\nThe plaintiffs' side begged to differ on Monday. \"We think Robinhood and the brokers are not allowed to do what they did,\" said Jeffrey Klafter, of Klafter Lesser.\nCases might also end up in an arbitrator's office rather than a courtroom. Though some consumer advocates have said arbitration is tilted towards employers and corporations, businesses say the process is fair. Robinhood has an arbitration clause . Class-action lawsuits, however, can be a way around the clause.\nBut Sahani says the clause does not automatically apply in a courtroom. \"The only way arbitration gets triggered is if one of the parties raises their hand,\" she said. Altonaga would rule on whether to grant those motions to compel arbitration, Sahani said.\nA bill introduced last week, the Investor Choice Act, would prevent broker-dealers and investment advisers from using mandatory arbitration.\nWhen cases get grouped together for the sake of efficiency, so does the legal representation. As a result, steering committees of lead plaintiffs' lawyers get formed in the multi-district litigation process.\nYet if a plaintiff signs up with one attorney, how can they know the lead attorneys will represent them with the same interest?\n\"That has become quite a contentious issue,\" said Campos. For the plaintiffs involved, \"it can be a little bewildering.\"\nThe concern about representation is a fair point, says Matthew Wilson, principal at Meyer Wilson in Columbus, Ohio, where he represents investors and consumers in class-action cases.\nHowever, all class action lawyers have a duty to advocate as best they can for whoever comes into their case, he said. Members of a class also keep the right to refuse going along with any proposed settlement, Wilson noted.\nWilson represents investors in a different case against Robinhood stemming from 2020 service outages on the platform. The litigation is pending in the Northern District of California.\nHe said if he had it his way, there wouldn't be things like mandatory arbitration. A customer should be able to decide whether to go with arbitration or court cases after a dispute surfaces, he said.\n\"We don't live in that world yet. Failing that, this is what you get,\" he said.\nMonday's court date discussed who would be lead counsel and how cases would be grouped, depending on their allegations. The plaintiffs attorneys will submit papers on proposed lead lawyers by the end of this week and into early next week.","news_type":1,"symbols_score_info":{"GME":0.9,"AONE.U":0.9,"AONE":0.9}},"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373716390,"gmtCreate":1618883251310,"gmtModify":1704716307540,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/373716390","repostId":"1114523776","repostType":4,"isVote":1,"tweetType":1,"viewCount":851,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3571345352614779","idStr":"3571345352614779"},"content":"Kindly give me a like & a comment please, thank you very much.","text":"Kindly give me a like & a comment please, thank you very much.","html":"Kindly give me a like & a comment please, thank you very much."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352093411,"gmtCreate":1616824878633,"gmtModify":1704799454568,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/352093411","repostId":"1122701391","repostType":4,"isVote":1,"tweetType":1,"viewCount":895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352093122,"gmtCreate":1616824802866,"gmtModify":1704799453591,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Likewise n comment&nbsp;","listText":"Likewise n comment&nbsp;","text":"Likewise n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/352093122","repostId":"1141686975","repostType":4,"repost":{"id":"1141686975","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":1616780260,"share":"https://ttm.financial/m/news/1141686975?lang=en_US&edition=fundamental","pubTime":"2021-03-27 01:37","market":"us","language":"en","title":"Zhihu Technology fall on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1141686975","media":"Tiger Newspress","summary":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO pri","content":"<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" 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>Zhihu Technology fall on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZhihu Technology fall on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-27 01:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZH":"知乎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141686975","content_text":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO price $9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.Zhihu Inc. announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.Sales BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.Gross MarginsThe company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.Total Operating Expenses and Operating MarginsTotal operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&A and R&D expenses as a percentage of revenues in the next five years.Company BackgroundAt the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.Major Shareholders of ZhihuThe founder & CEO Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.Key DemographicsThe diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.Revenue BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions & answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).Market OpportunitiesChina’s Online Content Communities Market SizeOnline content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.China's Online Content MarketChina's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.China’s Online Content Market Size (in terms of revenue), 2015-2025EMarket Size of China’s Online Content Communities (in terms of revenue),2015-2025EChina’s Paid Membership Market Size (in terms of revenue), 2015-2025EContent-commerce solutionsTo provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E","news_type":1,"symbols_score_info":{"ZH":0.9}},"isVote":1,"tweetType":1,"viewCount":693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358767768,"gmtCreate":1616732392954,"gmtModify":1704798034095,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Respond n like pls&nbsp;","listText":"Respond n like pls&nbsp;","text":"Respond n like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358767768","repostId":"1153068759","repostType":4,"repost":{"id":"1153068759","kind":"news","pubTimestamp":1616729122,"share":"https://ttm.financial/m/news/1153068759?lang=en_US&edition=fundamental","pubTime":"2021-03-26 11:25","market":"us","language":"en","title":"5 signs the labor market is set to blast off","url":"https://stock-news.laohu8.com/highlight/detail?id=1153068759","media":"yahoo","summary":"The labor market is on the launch pad.\nSigns of ignition emerged Thursday asjobless claims fell to t","content":"<p>The labor market is on the launch pad.</p>\n<p>Signs of ignition emerged Thursday asjobless claims fell to the lowestthey’ve been since the pandemic started. Unemployment claims for the week ending March 13 were 684,000, vs. 730,000 expected.</p>\n<p>In a note this week, Renaissance Macro Research's Neil Dutta outlined five bullish indicators that indicate the labor market “really is picking up steam right now,” as vaccinations ramp up and temperatures warm up — along with the economy.</p>\n<p>“I would guess that we see jobs growth at least over one million in March,” Dutta wrote. “The current consensus is around 550,000 though only 11 folks have their estimates into Bloomberg. I would take the over.”</p>\n<p>In a recent note, JPMorgan’s job tracker based on alternative data sources showed a clear acceleration in total employment.</p>\n<p><img src=\"https://static.tigerbbs.com/71deaaa4b933bc16feacc0ebdfe37f7a\" tg-width=\"705\" tg-height=\"496\" referrerpolicy=\"no-referrer\">Tracking alternative data shows jobs picking up. (JPM)<b>Five good signs</b></p>\n<p>Dutta’s five signs and JPMorgan’s “alternative data,” paint a picture of future numbers that look bullish.</p>\n<p>The Census Bureau’s Small Business Pulse Survey showed a 7.1% increase in paid employment in mid-March, as well as a similar increase in hours worked.</p>\n<p>“I haven’t seen numbers like this since last summer,” Dutta wrote. “Recall that average jobs growth in Q3 2020 was 1.174 million per month.”</p>\n<p>Two other bullish surveys tell a similar story. The Dallas Fed’s Real Time Population Survey showed employment rates for working-age adults spiked from mid-February to mid-March, from 68.6% to 70.9% and a similar drop in the unemployment rate also occurred. The Household Pulse Survey told a similar story of a spike in job growth, with double the increase of a “normal March,” Dutta noted.</p>\n<p>The American Staffing Association’s Staffing Index was also up 11.2%. “Taking the index at face value implies that temp-help employment has reversed all of its pandemic-related job losses,” Dutta wrote.</p>\n<p>Lastly, people are driving a lot more. Google’s mobility data shows a spike in movement in the leisure and hospitality sector – hit especially hard during the pandemic – now at last July’s volume.</p>\n<p>“We have not seen improvement this rapid since the initial reopening in the economy last spring,” Dutta wrote. “So, the decline in COVID cases is likely pushing up employment as businesses restart.”</p>\n<p>Some analysts are drawing larger conclusions based on this data – and the predictions are rosy.</p>\n<p>Bank of America, which revised its GDP growth to 7% in 2021 and 5.5% in 2022, up 0.5 percentage points each, wrote that the growth in GDP would also mean a “faster healing in the labor market,” almost a million new jobs a month.</p>\n<p>“Based on our projections, the unemployment rate will reach 4.5% by year-end and slip [under 4%] next summer,” according to a note from Bank of America. “Our forecasts imply a return to the pre-COVID level of jobs by 1Q 2022 and pre-COVID participation rate by the end of next year. This means the employment-to-population will have fully healed by the end of next year.”</p>","source":"lsy1584348713084","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>5 signs the labor market is set to blast off</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\">\n5 signs the labor market is set to blast off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-signs-the-labor-market-is-set-to-blast-off-172355233.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The labor market is on the launch pad.\nSigns of ignition emerged Thursday asjobless claims fell to the lowestthey’ve been since the pandemic started. Unemployment claims for the week ending March 13 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-signs-the-labor-market-is-set-to-blast-off-172355233.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/5-signs-the-labor-market-is-set-to-blast-off-172355233.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153068759","content_text":"The labor market is on the launch pad.\nSigns of ignition emerged Thursday asjobless claims fell to the lowestthey’ve been since the pandemic started. Unemployment claims for the week ending March 13 were 684,000, vs. 730,000 expected.\nIn a note this week, Renaissance Macro Research's Neil Dutta outlined five bullish indicators that indicate the labor market “really is picking up steam right now,” as vaccinations ramp up and temperatures warm up — along with the economy.\n“I would guess that we see jobs growth at least over one million in March,” Dutta wrote. “The current consensus is around 550,000 though only 11 folks have their estimates into Bloomberg. I would take the over.”\nIn a recent note, JPMorgan’s job tracker based on alternative data sources showed a clear acceleration in total employment.\nTracking alternative data shows jobs picking up. (JPM)Five good signs\nDutta’s five signs and JPMorgan’s “alternative data,” paint a picture of future numbers that look bullish.\nThe Census Bureau’s Small Business Pulse Survey showed a 7.1% increase in paid employment in mid-March, as well as a similar increase in hours worked.\n“I haven’t seen numbers like this since last summer,” Dutta wrote. “Recall that average jobs growth in Q3 2020 was 1.174 million per month.”\nTwo other bullish surveys tell a similar story. The Dallas Fed’s Real Time Population Survey showed employment rates for working-age adults spiked from mid-February to mid-March, from 68.6% to 70.9% and a similar drop in the unemployment rate also occurred. The Household Pulse Survey told a similar story of a spike in job growth, with double the increase of a “normal March,” Dutta noted.\nThe American Staffing Association’s Staffing Index was also up 11.2%. “Taking the index at face value implies that temp-help employment has reversed all of its pandemic-related job losses,” Dutta wrote.\nLastly, people are driving a lot more. Google’s mobility data shows a spike in movement in the leisure and hospitality sector – hit especially hard during the pandemic – now at last July’s volume.\n“We have not seen improvement this rapid since the initial reopening in the economy last spring,” Dutta wrote. “So, the decline in COVID cases is likely pushing up employment as businesses restart.”\nSome analysts are drawing larger conclusions based on this data – and the predictions are rosy.\nBank of America, which revised its GDP growth to 7% in 2021 and 5.5% in 2022, up 0.5 percentage points each, wrote that the growth in GDP would also mean a “faster healing in the labor market,” almost a million new jobs a month.\n“Based on our projections, the unemployment rate will reach 4.5% by year-end and slip [under 4%] next summer,” according to a note from Bank of America. “Our forecasts imply a return to the pre-COVID level of jobs by 1Q 2022 and pre-COVID participation rate by the end of next year. This means the employment-to-population will have fully healed by the end of next year.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353224105,"gmtCreate":1616503430107,"gmtModify":1704794938679,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3579351675564800","idStr":"3579351675564800"},"themes":[],"htmlText":"Readying&nbsp;","listText":"Readying&nbsp;","text":"Readying","images":[{"img":"https://static.tigerbbs.com/b6d4371edf74db5200dea727056fda69","width":"1125","height":"2670"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353224105","isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"hots":[{"id":373716390,"gmtCreate":1618883251310,"gmtModify":1704716307540,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/373716390","repostId":"1114523776","repostType":4,"isVote":1,"tweetType":1,"viewCount":851,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3571345352614779","authorId":"3571345352614779","name":"xiaobaii","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"idStr":"3571345352614779","authorIdStr":"3571345352614779"},"content":"Kindly give me a like & a comment please, thank you very much.","text":"Kindly give me a like & a comment please, thank you very much.","html":"Kindly give me a like & a comment please, thank you very much."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375235705,"gmtCreate":1619344945907,"gmtModify":1704722708269,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Pls comment n like","listText":"Pls comment n like","text":"Pls comment n like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/375235705","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":844,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353222752,"gmtCreate":1616503308376,"gmtModify":1704794937546,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Great to buy&nbsp;","listText":"Great to buy&nbsp;","text":"Great to buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/353222752","repostId":"2121084489","repostType":4,"repost":{"id":"2121084489","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":1616500753,"share":"https://ttm.financial/m/news/2121084489?lang=en_US&edition=fundamental","pubTime":"2021-03-23 19:59","market":"us","language":"en","title":"GameStop loses second senior exec as shakeup deepens","url":"https://stock-news.laohu8.com/highlight/detail?id=2121084489","media":"Reuters","summary":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resi","content":"<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</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>GameStop loses second senior exec as shakeup deepens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop loses second senior exec as shakeup deepens\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\">2021-03-23 19:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121084489","content_text":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.\nThis is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.\nThe company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.\nHamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":645,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372801045,"gmtCreate":1619188595487,"gmtModify":1704721047247,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"tiktok","listText":"tiktok","text":"tiktok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/372801045","repostId":"1131579471","repostType":4,"repost":{"id":"1131579471","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":1619187935,"share":"https://ttm.financial/m/news/1131579471?lang=en_US&edition=fundamental","pubTime":"2021-04-23 22:25","market":"us","language":"en","title":"ByteDance says it has no recent plans for public listing","url":"https://stock-news.laohu8.com/highlight/detail?id=1131579471","media":"Tiger Newspress","summary":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an","content":"<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi&nbsp;executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post.</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>ByteDance says it has no recent plans for public listing</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\">\nByteDance says it has no recent plans for public listing\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\">2021-04-23 22:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.</p><p>\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.</p><p>Recently, there are a lot of news about the company will be listed.</p><p>ByteDance last month hired former Xiaomi&nbsp;executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.</p><p>Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.</p><p>ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.</p><p>ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled&nbsp;revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.</p><p>During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a&nbsp;report&nbsp;in the South China Morning Post.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"01024":"快手-W","00700":"腾讯控股"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1131579471","content_text":"ByteDance,the Chinese parent of hit video app TikTok, said on Friday it had no imminent plans for an initial public offering after it conducted a thorough study.\"We believe the company doesn't meet the public listing requirements,\" TikTok owner ByteDance said in a statement published on its Toutiao account.Recently, there are a lot of news about the company will be listed.ByteDance last month hired former Xiaomi executive Shou Zi Chew for a newly-created role as chief finance officer, suggesting the tech company was moving a step closer to a much-anticipated IPO.Reuters has reported ByteDance has been exploring possibilities to list Douyin, the Chinese version of TikTok, in New York or Hong Kong, or obtain a public listing for some of its Chinese businesses including Douyin and news aggregator Toutiao.ByteDance has also been looking at a potential IPO for its non-China business, which includes TikTok that is not available in China, in Europe or the United States.ByteDance, famous for its short-video apps and news aggregator Toutiao,more than doubled revenue last year after expanding beyond its core advertising business into areas such as e-commerce and online gaming.During its last fundraising round, ByteDance reached a $180 billion valuation, according to a person with knowledge of the matter. That’s up from $20 billion about three years ago, according to CB Insights. But in the private market, some investors recently were asking for the equivalent of a $350 billion valuation to part with their shares, the people have said. Its value for private equity investors is approaching $400 billion, according to a report in the South China Morning Post.","news_type":1,"symbols_score_info":{"01024":0.9,"00700":0.9}},"isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":130780397,"gmtCreate":1621565856419,"gmtModify":1704359782640,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"[Sad]&nbsp;","listText":"[Sad]&nbsp;","text":"[Sad]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/130780397","repostId":"2137763179","repostType":4,"repost":{"id":"2137763179","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":1621544173,"share":"https://ttm.financial/m/news/2137763179?lang=en_US&edition=fundamental","pubTime":"2021-05-21 04:56","market":"us","language":"en","title":"Wall Street ends to snap 3-day losing streak as technology stocks rise higher","url":"https://stock-news.laohu8.com/highlight/detail?id=2137763179","media":"Reuters","summary":"May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed ","content":"<p>May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.</p><p>Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global&nbsp;rose 3.83%, while Crypto-miners Riot Blockchain&nbsp;and Marathon Digital Holdings&nbsp;gained 0.17% and 0.83% respectively.</p><p>\"There's a big risk, regulatory risk, to crypto that's not fully appreciated,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York. \"The central banks have a monopoly on currency. And so we just think that it's a little bit surprising they haven't enforced that monopoly.\"</p><p>The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time, suggesting job growth picked up this month, though companies still are desperate for workers.</p><p>Wall Street's main indexes fell on Wednesday, extending losses since, after minutes from the Federal Reserve's meeting last month indicated some policymakers thought it would be appropriate to discuss easing of crisis-era support, such as tapering bond purchases, in upcoming meetings if the strong economic momentum is sustained.</p><p>\"Right now really there is just <a href=\"https://laohu8.com/S/AONE\">one</a> driver of the market, and that is the Fed and potential timing of tapering and quantitative easing,\" Hatfield added.</p><p>Signs of rising inflation have increased bets that the Federal Reserve may tighten its policy soon, hitting rate-sensitive growth stocks that set the tech-heavy Nasdaq on track for its fifth consecutive weekly drop.</p><p>The Dow Jones Industrial Average&nbsp;rose 188.11 points, or 0.55%, to 34,084.15, the S&amp;P 500    gained 43.44 points, or 1.06%, to 4,159.12 and the Nasdaq Composite&nbsp;added 236.00 points, or 1.77%, to 13,535.74.</p><p>Volume on U.S. exchanges was 9.30 billion shares, compared with the 10.05 billion average for the full session over the last 20 trading days.</p><p>Retailers were a weak spot. Ralph Lauren Corp&nbsp;dropped 7.01% after it forecast full-year sales below analysts' estimates, making it the largest percentage decliner on the S&amp;P 500,&nbsp;Kohl's Corp&nbsp;slumped 10.17% after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.42-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 17 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 28 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Reports</i></b></p><p><a href=\"https://laohu8.com/NW/2137757969\" target=\"_blank\">Applied Materials reports record sales as chip shortage boosts equipment business</a></p><p><a href=\"https://laohu8.com/NW/1129529284\" target=\"_blank\">Ross Stores Earnings, Revenue Beat in Q1</a></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>Wall Street ends to snap 3-day losing streak as technology stocks rise higher</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\">\nWall Street ends to snap 3-day losing streak as technology stocks rise higher\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\">2021-05-21 04:56</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.</p><p>Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global&nbsp;rose 3.83%, while Crypto-miners Riot Blockchain&nbsp;and Marathon Digital Holdings&nbsp;gained 0.17% and 0.83% respectively.</p><p>\"There's a big risk, regulatory risk, to crypto that's not fully appreciated,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York. \"The central banks have a monopoly on currency. And so we just think that it's a little bit surprising they haven't enforced that monopoly.\"</p><p>The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time, suggesting job growth picked up this month, though companies still are desperate for workers.</p><p>Wall Street's main indexes fell on Wednesday, extending losses since, after minutes from the Federal Reserve's meeting last month indicated some policymakers thought it would be appropriate to discuss easing of crisis-era support, such as tapering bond purchases, in upcoming meetings if the strong economic momentum is sustained.</p><p>\"Right now really there is just <a href=\"https://laohu8.com/S/AONE\">one</a> driver of the market, and that is the Fed and potential timing of tapering and quantitative easing,\" Hatfield added.</p><p>Signs of rising inflation have increased bets that the Federal Reserve may tighten its policy soon, hitting rate-sensitive growth stocks that set the tech-heavy Nasdaq on track for its fifth consecutive weekly drop.</p><p>The Dow Jones Industrial Average&nbsp;rose 188.11 points, or 0.55%, to 34,084.15, the S&amp;P 500    gained 43.44 points, or 1.06%, to 4,159.12 and the Nasdaq Composite&nbsp;added 236.00 points, or 1.77%, to 13,535.74.</p><p>Volume on U.S. exchanges was 9.30 billion shares, compared with the 10.05 billion average for the full session over the last 20 trading days.</p><p>Retailers were a weak spot. Ralph Lauren Corp&nbsp;dropped 7.01% after it forecast full-year sales below analysts' estimates, making it the largest percentage decliner on the S&amp;P 500,&nbsp;Kohl's Corp&nbsp;slumped 10.17% after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.</p><p>Advancing issues outnumbered declining ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.42-to-1 ratio favored advancers.</p><p>The S&amp;P 500 posted 17 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 28 new lows.</p><p><b><i>Financial</i></b><b>&nbsp;</b><b><i>Reports</i></b></p><p><a href=\"https://laohu8.com/NW/2137757969\" target=\"_blank\">Applied Materials reports record sales as chip shortage boosts equipment business</a></p><p><a href=\"https://laohu8.com/NW/1129529284\" target=\"_blank\">Ross Stores Earnings, Revenue Beat in Q1</a></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137763179","content_text":"May 20 (Reuters) - Wall Street's main indexes rebounded on Thursday after a three-day slide, buoyed by gains in technology stocks as the smallest weekly jobless claims since the start of a pandemic-driven recession lifted the mood.Bitcoin clawed back some lost ground to trade near $40,000 a day after a brutal selloff, helping renew appetite for risk. Crypto-exchange operator Coinbase Global rose 3.83%, while Crypto-miners Riot Blockchain and Marathon Digital Holdings gained 0.17% and 0.83% respectively.\"There's a big risk, regulatory risk, to crypto that's not fully appreciated,\" said Jay Hatfield, founder and chief executive of Infrastructure Capital Management in New York. \"The central banks have a monopoly on currency. And so we just think that it's a little bit surprising they haven't enforced that monopoly.\"The number of Americans filing for new claims for unemployment benefits fell to 444,000 in the week ended May 15, down for the third straight time, suggesting job growth picked up this month, though companies still are desperate for workers.Wall Street's main indexes fell on Wednesday, extending losses since, after minutes from the Federal Reserve's meeting last month indicated some policymakers thought it would be appropriate to discuss easing of crisis-era support, such as tapering bond purchases, in upcoming meetings if the strong economic momentum is sustained.\"Right now really there is just one driver of the market, and that is the Fed and potential timing of tapering and quantitative easing,\" Hatfield added.Signs of rising inflation have increased bets that the Federal Reserve may tighten its policy soon, hitting rate-sensitive growth stocks that set the tech-heavy Nasdaq on track for its fifth consecutive weekly drop.The Dow Jones Industrial Average rose 188.11 points, or 0.55%, to 34,084.15, the S&P 500    gained 43.44 points, or 1.06%, to 4,159.12 and the Nasdaq Composite added 236.00 points, or 1.77%, to 13,535.74.Volume on U.S. exchanges was 9.30 billion shares, compared with the 10.05 billion average for the full session over the last 20 trading days.Retailers were a weak spot. Ralph Lauren Corp dropped 7.01% after it forecast full-year sales below analysts' estimates, making it the largest percentage decliner on the S&P 500, Kohl's Corp slumped 10.17% after warning of a hit to its full-year profit margin from higher labor and shipping costs, as well as selling fewer products at full price.Advancing issues outnumbered declining ones on the NYSE by a 2.25-to-1 ratio; on Nasdaq, a 2.42-to-1 ratio favored advancers.The S&P 500 posted 17 new 52-week highs and no new lows; the Nasdaq Composite recorded 66 new highs and 28 new lows.Financial ReportsApplied Materials reports record sales as chip shortage boosts equipment businessRoss Stores Earnings, Revenue Beat in Q1","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2959,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":372801511,"gmtCreate":1619188631033,"gmtModify":1704721048057,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"comment","listText":"comment","text":"comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/372801511","repostId":"1143062408","repostType":4,"isVote":1,"tweetType":1,"viewCount":832,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358767768,"gmtCreate":1616732392954,"gmtModify":1704798034095,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Respond n like pls&nbsp;","listText":"Respond n like pls&nbsp;","text":"Respond n like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/358767768","repostId":"1153068759","repostType":4,"repost":{"id":"1153068759","kind":"news","pubTimestamp":1616729122,"share":"https://ttm.financial/m/news/1153068759?lang=en_US&edition=fundamental","pubTime":"2021-03-26 11:25","market":"us","language":"en","title":"5 signs the labor market is set to blast off","url":"https://stock-news.laohu8.com/highlight/detail?id=1153068759","media":"yahoo","summary":"The labor market is on the launch pad.\nSigns of ignition emerged Thursday asjobless claims fell to t","content":"<p>The labor market is on the launch pad.</p>\n<p>Signs of ignition emerged Thursday asjobless claims fell to the lowestthey’ve been since the pandemic started. Unemployment claims for the week ending March 13 were 684,000, vs. 730,000 expected.</p>\n<p>In a note this week, Renaissance Macro Research's Neil Dutta outlined five bullish indicators that indicate the labor market “really is picking up steam right now,” as vaccinations ramp up and temperatures warm up — along with the economy.</p>\n<p>“I would guess that we see jobs growth at least over one million in March,” Dutta wrote. “The current consensus is around 550,000 though only 11 folks have their estimates into Bloomberg. I would take the over.”</p>\n<p>In a recent note, JPMorgan’s job tracker based on alternative data sources showed a clear acceleration in total employment.</p>\n<p><img src=\"https://static.tigerbbs.com/71deaaa4b933bc16feacc0ebdfe37f7a\" tg-width=\"705\" tg-height=\"496\" referrerpolicy=\"no-referrer\">Tracking alternative data shows jobs picking up. (JPM)<b>Five good signs</b></p>\n<p>Dutta’s five signs and JPMorgan’s “alternative data,” paint a picture of future numbers that look bullish.</p>\n<p>The Census Bureau’s Small Business Pulse Survey showed a 7.1% increase in paid employment in mid-March, as well as a similar increase in hours worked.</p>\n<p>“I haven’t seen numbers like this since last summer,” Dutta wrote. “Recall that average jobs growth in Q3 2020 was 1.174 million per month.”</p>\n<p>Two other bullish surveys tell a similar story. The Dallas Fed’s Real Time Population Survey showed employment rates for working-age adults spiked from mid-February to mid-March, from 68.6% to 70.9% and a similar drop in the unemployment rate also occurred. The Household Pulse Survey told a similar story of a spike in job growth, with double the increase of a “normal March,” Dutta noted.</p>\n<p>The American Staffing Association’s Staffing Index was also up 11.2%. “Taking the index at face value implies that temp-help employment has reversed all of its pandemic-related job losses,” Dutta wrote.</p>\n<p>Lastly, people are driving a lot more. Google’s mobility data shows a spike in movement in the leisure and hospitality sector – hit especially hard during the pandemic – now at last July’s volume.</p>\n<p>“We have not seen improvement this rapid since the initial reopening in the economy last spring,” Dutta wrote. “So, the decline in COVID cases is likely pushing up employment as businesses restart.”</p>\n<p>Some analysts are drawing larger conclusions based on this data – and the predictions are rosy.</p>\n<p>Bank of America, which revised its GDP growth to 7% in 2021 and 5.5% in 2022, up 0.5 percentage points each, wrote that the growth in GDP would also mean a “faster healing in the labor market,” almost a million new jobs a month.</p>\n<p>“Based on our projections, the unemployment rate will reach 4.5% by year-end and slip [under 4%] next summer,” according to a note from Bank of America. “Our forecasts imply a return to the pre-COVID level of jobs by 1Q 2022 and pre-COVID participation rate by the end of next year. This means the employment-to-population will have fully healed by the end of next year.”</p>","source":"lsy1584348713084","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>5 signs the labor market is set to blast off</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\">\n5 signs the labor market is set to blast off\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/5-signs-the-labor-market-is-set-to-blast-off-172355233.html><strong>yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The labor market is on the launch pad.\nSigns of ignition emerged Thursday asjobless claims fell to the lowestthey’ve been since the pandemic started. Unemployment claims for the week ending March 13 ...</p>\n\n<a href=\"https://finance.yahoo.com/news/5-signs-the-labor-market-is-set-to-blast-off-172355233.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/5-signs-the-labor-market-is-set-to-blast-off-172355233.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153068759","content_text":"The labor market is on the launch pad.\nSigns of ignition emerged Thursday asjobless claims fell to the lowestthey’ve been since the pandemic started. Unemployment claims for the week ending March 13 were 684,000, vs. 730,000 expected.\nIn a note this week, Renaissance Macro Research's Neil Dutta outlined five bullish indicators that indicate the labor market “really is picking up steam right now,” as vaccinations ramp up and temperatures warm up — along with the economy.\n“I would guess that we see jobs growth at least over one million in March,” Dutta wrote. “The current consensus is around 550,000 though only 11 folks have their estimates into Bloomberg. I would take the over.”\nIn a recent note, JPMorgan’s job tracker based on alternative data sources showed a clear acceleration in total employment.\nTracking alternative data shows jobs picking up. (JPM)Five good signs\nDutta’s five signs and JPMorgan’s “alternative data,” paint a picture of future numbers that look bullish.\nThe Census Bureau’s Small Business Pulse Survey showed a 7.1% increase in paid employment in mid-March, as well as a similar increase in hours worked.\n“I haven’t seen numbers like this since last summer,” Dutta wrote. “Recall that average jobs growth in Q3 2020 was 1.174 million per month.”\nTwo other bullish surveys tell a similar story. The Dallas Fed’s Real Time Population Survey showed employment rates for working-age adults spiked from mid-February to mid-March, from 68.6% to 70.9% and a similar drop in the unemployment rate also occurred. The Household Pulse Survey told a similar story of a spike in job growth, with double the increase of a “normal March,” Dutta noted.\nThe American Staffing Association’s Staffing Index was also up 11.2%. “Taking the index at face value implies that temp-help employment has reversed all of its pandemic-related job losses,” Dutta wrote.\nLastly, people are driving a lot more. Google’s mobility data shows a spike in movement in the leisure and hospitality sector – hit especially hard during the pandemic – now at last July’s volume.\n“We have not seen improvement this rapid since the initial reopening in the economy last spring,” Dutta wrote. “So, the decline in COVID cases is likely pushing up employment as businesses restart.”\nSome analysts are drawing larger conclusions based on this data – and the predictions are rosy.\nBank of America, which revised its GDP growth to 7% in 2021 and 5.5% in 2022, up 0.5 percentage points each, wrote that the growth in GDP would also mean a “faster healing in the labor market,” almost a million new jobs a month.\n“Based on our projections, the unemployment rate will reach 4.5% by year-end and slip [under 4%] next summer,” according to a note from Bank of America. “Our forecasts imply a return to the pre-COVID level of jobs by 1Q 2022 and pre-COVID participation rate by the end of next year. This means the employment-to-population will have fully healed by the end of next year.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352093411,"gmtCreate":1616824878633,"gmtModify":1704799454568,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/352093411","repostId":"1122701391","repostType":4,"isVote":1,"tweetType":1,"viewCount":895,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352093122,"gmtCreate":1616824802866,"gmtModify":1704799453591,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Likewise n comment&nbsp;","listText":"Likewise n comment&nbsp;","text":"Likewise n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/352093122","repostId":"1141686975","repostType":4,"repost":{"id":"1141686975","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":1616780260,"share":"https://ttm.financial/m/news/1141686975?lang=en_US&edition=fundamental","pubTime":"2021-03-27 01:37","market":"us","language":"en","title":"Zhihu Technology fall on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1141686975","media":"Tiger Newspress","summary":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO pri","content":"<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" 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>Zhihu Technology fall on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZhihu Technology fall on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-27 01:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZH":"知乎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141686975","content_text":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO price $9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.Zhihu Inc. announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.Sales BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.Gross MarginsThe company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.Total Operating Expenses and Operating MarginsTotal operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&A and R&D expenses as a percentage of revenues in the next five years.Company BackgroundAt the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.Major Shareholders of ZhihuThe founder & CEO Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.Key DemographicsThe diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.Revenue BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions & answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).Market OpportunitiesChina’s Online Content Communities Market SizeOnline content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.China's Online Content MarketChina's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.China’s Online Content Market Size (in terms of revenue), 2015-2025EMarket Size of China’s Online Content Communities (in terms of revenue),2015-2025EChina’s Paid Membership Market Size (in terms of revenue), 2015-2025EContent-commerce solutionsTo provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E","news_type":1,"symbols_score_info":{"ZH":0.9}},"isVote":1,"tweetType":1,"viewCount":693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121061432,"gmtCreate":1624445018926,"gmtModify":1703836871850,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Shell maybe","listText":"Shell maybe","text":"Shell maybe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/121061432","repostId":"1171868666","repostType":4,"isVote":1,"tweetType":1,"viewCount":2582,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375966057,"gmtCreate":1619278661979,"gmtModify":1704722066497,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/375966057","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":818,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":373789799,"gmtCreate":1618883697711,"gmtModify":1704716316674,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Serve them right for helping shorters","listText":"Serve them right for helping shorters","text":"Serve them right for helping shorters","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/373789799","repostId":"2128605818","repostType":4,"repost":{"id":"2128605818","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":1618878600,"share":"https://ttm.financial/m/news/2128605818?lang=en_US&edition=fundamental","pubTime":"2021-04-20 08:30","market":"us","language":"en","title":"Lawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag","url":"https://stock-news.laohu8.com/highlight/detail?id=2128605818","media":"Dow Jones","summary":"Monday, April 19 marked an important initial court date. Here's what happened.\n\nWhen Robinhood sudde","content":"<blockquote>\n Monday, April 19 marked an important initial court date. Here's what happened.\n</blockquote>\n<p>When Robinhood suddenly set buying restrictions at the height of the GameStop trading frenzy in the early months of 2021, users reacted with fury.</p>\n<p>Now, the legal journey begins in earnest on Monday for those angry investors.</p>\n<p>April 19 marked the initial court date following a judicial panel's decision to bunch together nearly 40 lawsuits -- and possibly more -- in front of <a href=\"https://laohu8.com/S/AONE.U\">one</a> Miami federal judge who will handle the \"multi-district litigation.\" The <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (ZM) call had nearly 140 lawyers and other attendees listening, according to the count from one court staff assisting with logistics.</p>\n<p>But there is one big snag: If these plaintiffs think investment decisions are complicated and don't like sluggish responses to their decisions, well, experts say, they ain't seen nothin' yet.</p>\n<p>\"Even though all of this is designed to expedite proceedings, this still takes forever. These cases drag on for years,\" said Sergio Campos, a professor at the University of Miami School of Law who teaches civil procedure and complex litigation. \"The complexity of the issues alone suggest we are looking at years.\"</p>\n<p>The January and February trading spree -- fueled, at least in part, by members of Reddit's WallStreetBets forum -- gave a massive price boost to heavily-shorted stocks like GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> and AMC Entertainment <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>.</p>\n<p>But as volatility intensified, trading platforms like Robinhood, the brokerage app popular with young investors, applied temporary trading restrictions.</p>\n<p>Vladimir Tenev, Robinhood's co-CEO, would later tell lawmakers his company had to take that step to raise capital from its own investors as it met its collateral requirements on the tower of trades.</p>\n<p>\"Despite the unprecedented market conditions in January, at the end of the day, what happened is unacceptable to us,\" Tenev said during a February hearing before the House of Representative's Financial Services Committee. \"To our customers, I'm sorry and I apologize.\"</p>\n<p>Other brokerage platforms, including TD Ameritrade , also temporarily applied certain restrictions. Spokespeople for Robinhood, TD Ameritrade and Webull declined to comment on the litigation.</p>\n<p>Tenev's apologies did not mollify some aggrieved investors, and class-action cases have cropped up from California to Connecticut, Texas to Florida.</p>\n<p>The lawsuits have their differences but they all revolve around the allegation that the brokerage platforms broke their promise with users to let them trade as they saw fit, according to court papers.</p>\n<p>Some also allege Robinhood limited trading to help institutional investors \" in a filing.</p>\n<p>This is where a procedural, but significant step comes in.</p>\n<p>The defendant companies, from Robinhood down the line, supported the idea of centralizing the proceedings in one courthouse. (Most of the cases only name Robinhood as a defendant, but court papers say other cases rope in more than 40 brokers, funds and clearinghouses.) Most of the plaintiffs backed the idea as well.</p>\n<p>On April 1, a three-judge panel agreed with the approach.</p>\n<p>\"Given the number of parties and counsel, centralization is the only practicable means of coordinating the pretrial proceedings in this litigation,\" the three judges wrote in a case docket entitled \"In Re: January 2021 Short Squeeze Trading Litigation.\"</p>\n<p>The panel counted 39 pending cases in 14 different jurisdictions. The parties alerted the court to another 15 related cases ahead of its decision.</p>\n<p>The panel handed the basket of cases to District Court Judge Cecilia Altonaga, sitting in the Southern District of Florida. Ten of the actions are pending in Florida and four were filed in Altonaga's courthouse.</p>\n<p>Altonaga is an \"able jurist with multidistrict litigation experience,\" the panel wrote. Past cases from the judge, nominated during the George W. Bush administration, include a multidistrict case related to denture cream .</p>\n<p>The panel wrote it was \"confident that Judge Altonaga will steer this litigation on an efficient and prudent course.\"</p>\n<p>So, where to next? The sequence of events matter for Robinhood as it prepares for an IPO and spars with Massachusetts regulators who say it put its own interests ahead of customers. It also matters for rookie retail investors who are learning the market, and say Robinhood's restrictions wrongly put them at a disadvantage.</p>\n<p>'She has the power to do everything, soup to nuts'</p>\n<p>The multi-district litigation may be new for young investors, but it's not novel for the federal court system, which applies the approach when widespread events spur lawsuits. That includes occurrences like faulty consumer products, dangerous medication or data breaches.</p>\n<p>The courts had 187 multidistrict litigation cases on its docket as of mid-April, statistics show .</p>\n<p>From here on, Altonaga has the ability to decide important topics like evidence disputes and class certification, said <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> Sahani, a professor and associate dean at Arizona State University's Sandra Day O'Connor College of Law.</p>\n<p>The judge can also rule on defense motions to toss the case ahead of trial, Sahani said.</p>\n<p>\"She has the power to do everything, soup to nuts,\" Sahani said.</p>\n<p>Once all pre-trial matters are determined, the parties can opt to stick with Altonaga for the trial. Or the case can go back to the original court where it was filed -- that is, if the case even gets to a trial. Few civil cases get to that point, either because of settlement or dismissal, Sahani noted.</p>\n<p>Robinhood's attorneys are wagering the cases will not go far. \"We will not get past motions to dismiss,\" Kevin Orsini, a partner at Cravath, Swaine &amp; Moore, Robinhood's laywer said during Monday's court conference. Robinhood had important factors like Securities and Exchange Commission statements and court rulings on its side, he said.</p>\n<p>The plaintiffs' side begged to differ on Monday. \"We think Robinhood and the brokers are not allowed to do what they did,\" said Jeffrey Klafter, of Klafter Lesser.</p>\n<p>Cases might also end up in an arbitrator's office rather than a courtroom. Though some consumer advocates have said arbitration is tilted towards employers and corporations, businesses say the process is fair. Robinhood has an arbitration clause . Class-action lawsuits, however, can be a way around the clause.</p>\n<p>But Sahani says the clause does not automatically apply in a courtroom. \"The only way arbitration gets triggered is if one of the parties raises their hand,\" she said. Altonaga would rule on whether to grant those motions to compel arbitration, Sahani said.</p>\n<p>A bill introduced last week, the Investor Choice Act, would prevent broker-dealers and investment advisers from using mandatory arbitration.</p>\n<p>When cases get grouped together for the sake of efficiency, so does the legal representation. As a result, steering committees of lead plaintiffs' lawyers get formed in the multi-district litigation process.</p>\n<p>Yet if a plaintiff signs up with one attorney, how can they know the lead attorneys will represent them with the same interest?</p>\n<p>\"That has become quite a contentious issue,\" said Campos. For the plaintiffs involved, \"it can be a little bewildering.\"</p>\n<p>The concern about representation is a fair point, says Matthew Wilson, principal at Meyer Wilson in Columbus, Ohio, where he represents investors and consumers in class-action cases.</p>\n<p>However, all class action lawyers have a duty to advocate as best they can for whoever comes into their case, he said. Members of a class also keep the right to refuse going along with any proposed settlement, Wilson noted.</p>\n<p>Wilson represents investors in a different case against Robinhood stemming from 2020 service outages on the platform. The litigation is pending in the Northern District of California.</p>\n<p>He said if he had it his way, there wouldn't be things like mandatory arbitration. A customer should be able to decide whether to go with arbitration or court cases after a dispute surfaces, he said.</p>\n<p>\"We don't live in that world yet. Failing that, this is what you get,\" he said.</p>\n<p>Monday's court date discussed who would be lead counsel and how cases would be grouped, depending on their allegations. The plaintiffs attorneys will submit papers on proposed lead lawyers by the end of this week and into early next week.</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>Lawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag</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\">\nLawsuits against Robinhood in the GameStop saga are getting their day in court -- but there's one big snag\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\">2021-04-20 08:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Monday, April 19 marked an important initial court date. Here's what happened.\n</blockquote>\n<p>When Robinhood suddenly set buying restrictions at the height of the GameStop trading frenzy in the early months of 2021, users reacted with fury.</p>\n<p>Now, the legal journey begins in earnest on Monday for those angry investors.</p>\n<p>April 19 marked the initial court date following a judicial panel's decision to bunch together nearly 40 lawsuits -- and possibly more -- in front of <a href=\"https://laohu8.com/S/AONE.U\">one</a> Miami federal judge who will handle the \"multi-district litigation.\" The <a href=\"https://laohu8.com/S/ZM\">Zoom</a> (ZM) call had nearly 140 lawyers and other attendees listening, according to the count from one court staff assisting with logistics.</p>\n<p>But there is one big snag: If these plaintiffs think investment decisions are complicated and don't like sluggish responses to their decisions, well, experts say, they ain't seen nothin' yet.</p>\n<p>\"Even though all of this is designed to expedite proceedings, this still takes forever. These cases drag on for years,\" said Sergio Campos, a professor at the University of Miami School of Law who teaches civil procedure and complex litigation. \"The complexity of the issues alone suggest we are looking at years.\"</p>\n<p>The January and February trading spree -- fueled, at least in part, by members of Reddit's WallStreetBets forum -- gave a massive price boost to heavily-shorted stocks like GameStop <a href=\"https://laohu8.com/S/GME\">$(GME)$</a> and AMC Entertainment <a href=\"https://laohu8.com/S/AMC\">$(AMC)$</a>.</p>\n<p>But as volatility intensified, trading platforms like Robinhood, the brokerage app popular with young investors, applied temporary trading restrictions.</p>\n<p>Vladimir Tenev, Robinhood's co-CEO, would later tell lawmakers his company had to take that step to raise capital from its own investors as it met its collateral requirements on the tower of trades.</p>\n<p>\"Despite the unprecedented market conditions in January, at the end of the day, what happened is unacceptable to us,\" Tenev said during a February hearing before the House of Representative's Financial Services Committee. \"To our customers, I'm sorry and I apologize.\"</p>\n<p>Other brokerage platforms, including TD Ameritrade , also temporarily applied certain restrictions. Spokespeople for Robinhood, TD Ameritrade and Webull declined to comment on the litigation.</p>\n<p>Tenev's apologies did not mollify some aggrieved investors, and class-action cases have cropped up from California to Connecticut, Texas to Florida.</p>\n<p>The lawsuits have their differences but they all revolve around the allegation that the brokerage platforms broke their promise with users to let them trade as they saw fit, according to court papers.</p>\n<p>Some also allege Robinhood limited trading to help institutional investors \" in a filing.</p>\n<p>This is where a procedural, but significant step comes in.</p>\n<p>The defendant companies, from Robinhood down the line, supported the idea of centralizing the proceedings in one courthouse. (Most of the cases only name Robinhood as a defendant, but court papers say other cases rope in more than 40 brokers, funds and clearinghouses.) Most of the plaintiffs backed the idea as well.</p>\n<p>On April 1, a three-judge panel agreed with the approach.</p>\n<p>\"Given the number of parties and counsel, centralization is the only practicable means of coordinating the pretrial proceedings in this litigation,\" the three judges wrote in a case docket entitled \"In Re: January 2021 Short Squeeze Trading Litigation.\"</p>\n<p>The panel counted 39 pending cases in 14 different jurisdictions. The parties alerted the court to another 15 related cases ahead of its decision.</p>\n<p>The panel handed the basket of cases to District Court Judge Cecilia Altonaga, sitting in the Southern District of Florida. Ten of the actions are pending in Florida and four were filed in Altonaga's courthouse.</p>\n<p>Altonaga is an \"able jurist with multidistrict litigation experience,\" the panel wrote. Past cases from the judge, nominated during the George W. Bush administration, include a multidistrict case related to denture cream .</p>\n<p>The panel wrote it was \"confident that Judge Altonaga will steer this litigation on an efficient and prudent course.\"</p>\n<p>So, where to next? The sequence of events matter for Robinhood as it prepares for an IPO and spars with Massachusetts regulators who say it put its own interests ahead of customers. It also matters for rookie retail investors who are learning the market, and say Robinhood's restrictions wrongly put them at a disadvantage.</p>\n<p>'She has the power to do everything, soup to nuts'</p>\n<p>The multi-district litigation may be new for young investors, but it's not novel for the federal court system, which applies the approach when widespread events spur lawsuits. That includes occurrences like faulty consumer products, dangerous medication or data breaches.</p>\n<p>The courts had 187 multidistrict litigation cases on its docket as of mid-April, statistics show .</p>\n<p>From here on, Altonaga has the ability to decide important topics like evidence disputes and class certification, said <a href=\"https://laohu8.com/S/VCCTF\">Victoria</a> Sahani, a professor and associate dean at Arizona State University's Sandra Day O'Connor College of Law.</p>\n<p>The judge can also rule on defense motions to toss the case ahead of trial, Sahani said.</p>\n<p>\"She has the power to do everything, soup to nuts,\" Sahani said.</p>\n<p>Once all pre-trial matters are determined, the parties can opt to stick with Altonaga for the trial. Or the case can go back to the original court where it was filed -- that is, if the case even gets to a trial. Few civil cases get to that point, either because of settlement or dismissal, Sahani noted.</p>\n<p>Robinhood's attorneys are wagering the cases will not go far. \"We will not get past motions to dismiss,\" Kevin Orsini, a partner at Cravath, Swaine &amp; Moore, Robinhood's laywer said during Monday's court conference. Robinhood had important factors like Securities and Exchange Commission statements and court rulings on its side, he said.</p>\n<p>The plaintiffs' side begged to differ on Monday. \"We think Robinhood and the brokers are not allowed to do what they did,\" said Jeffrey Klafter, of Klafter Lesser.</p>\n<p>Cases might also end up in an arbitrator's office rather than a courtroom. Though some consumer advocates have said arbitration is tilted towards employers and corporations, businesses say the process is fair. Robinhood has an arbitration clause . Class-action lawsuits, however, can be a way around the clause.</p>\n<p>But Sahani says the clause does not automatically apply in a courtroom. \"The only way arbitration gets triggered is if one of the parties raises their hand,\" she said. Altonaga would rule on whether to grant those motions to compel arbitration, Sahani said.</p>\n<p>A bill introduced last week, the Investor Choice Act, would prevent broker-dealers and investment advisers from using mandatory arbitration.</p>\n<p>When cases get grouped together for the sake of efficiency, so does the legal representation. As a result, steering committees of lead plaintiffs' lawyers get formed in the multi-district litigation process.</p>\n<p>Yet if a plaintiff signs up with one attorney, how can they know the lead attorneys will represent them with the same interest?</p>\n<p>\"That has become quite a contentious issue,\" said Campos. For the plaintiffs involved, \"it can be a little bewildering.\"</p>\n<p>The concern about representation is a fair point, says Matthew Wilson, principal at Meyer Wilson in Columbus, Ohio, where he represents investors and consumers in class-action cases.</p>\n<p>However, all class action lawyers have a duty to advocate as best they can for whoever comes into their case, he said. Members of a class also keep the right to refuse going along with any proposed settlement, Wilson noted.</p>\n<p>Wilson represents investors in a different case against Robinhood stemming from 2020 service outages on the platform. The litigation is pending in the Northern District of California.</p>\n<p>He said if he had it his way, there wouldn't be things like mandatory arbitration. A customer should be able to decide whether to go with arbitration or court cases after a dispute surfaces, he said.</p>\n<p>\"We don't live in that world yet. Failing that, this is what you get,\" he said.</p>\n<p>Monday's court date discussed who would be lead counsel and how cases would be grouped, depending on their allegations. The plaintiffs attorneys will submit papers on proposed lead lawyers by the end of this week and into early next week.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2128605818","content_text":"Monday, April 19 marked an important initial court date. Here's what happened.\n\nWhen Robinhood suddenly set buying restrictions at the height of the GameStop trading frenzy in the early months of 2021, users reacted with fury.\nNow, the legal journey begins in earnest on Monday for those angry investors.\nApril 19 marked the initial court date following a judicial panel's decision to bunch together nearly 40 lawsuits -- and possibly more -- in front of one Miami federal judge who will handle the \"multi-district litigation.\" The Zoom (ZM) call had nearly 140 lawyers and other attendees listening, according to the count from one court staff assisting with logistics.\nBut there is one big snag: If these plaintiffs think investment decisions are complicated and don't like sluggish responses to their decisions, well, experts say, they ain't seen nothin' yet.\n\"Even though all of this is designed to expedite proceedings, this still takes forever. These cases drag on for years,\" said Sergio Campos, a professor at the University of Miami School of Law who teaches civil procedure and complex litigation. \"The complexity of the issues alone suggest we are looking at years.\"\nThe January and February trading spree -- fueled, at least in part, by members of Reddit's WallStreetBets forum -- gave a massive price boost to heavily-shorted stocks like GameStop $(GME)$ and AMC Entertainment $(AMC)$.\nBut as volatility intensified, trading platforms like Robinhood, the brokerage app popular with young investors, applied temporary trading restrictions.\nVladimir Tenev, Robinhood's co-CEO, would later tell lawmakers his company had to take that step to raise capital from its own investors as it met its collateral requirements on the tower of trades.\n\"Despite the unprecedented market conditions in January, at the end of the day, what happened is unacceptable to us,\" Tenev said during a February hearing before the House of Representative's Financial Services Committee. \"To our customers, I'm sorry and I apologize.\"\nOther brokerage platforms, including TD Ameritrade , also temporarily applied certain restrictions. Spokespeople for Robinhood, TD Ameritrade and Webull declined to comment on the litigation.\nTenev's apologies did not mollify some aggrieved investors, and class-action cases have cropped up from California to Connecticut, Texas to Florida.\nThe lawsuits have their differences but they all revolve around the allegation that the brokerage platforms broke their promise with users to let them trade as they saw fit, according to court papers.\nSome also allege Robinhood limited trading to help institutional investors \" in a filing.\nThis is where a procedural, but significant step comes in.\nThe defendant companies, from Robinhood down the line, supported the idea of centralizing the proceedings in one courthouse. (Most of the cases only name Robinhood as a defendant, but court papers say other cases rope in more than 40 brokers, funds and clearinghouses.) Most of the plaintiffs backed the idea as well.\nOn April 1, a three-judge panel agreed with the approach.\n\"Given the number of parties and counsel, centralization is the only practicable means of coordinating the pretrial proceedings in this litigation,\" the three judges wrote in a case docket entitled \"In Re: January 2021 Short Squeeze Trading Litigation.\"\nThe panel counted 39 pending cases in 14 different jurisdictions. The parties alerted the court to another 15 related cases ahead of its decision.\nThe panel handed the basket of cases to District Court Judge Cecilia Altonaga, sitting in the Southern District of Florida. Ten of the actions are pending in Florida and four were filed in Altonaga's courthouse.\nAltonaga is an \"able jurist with multidistrict litigation experience,\" the panel wrote. Past cases from the judge, nominated during the George W. Bush administration, include a multidistrict case related to denture cream .\nThe panel wrote it was \"confident that Judge Altonaga will steer this litigation on an efficient and prudent course.\"\nSo, where to next? The sequence of events matter for Robinhood as it prepares for an IPO and spars with Massachusetts regulators who say it put its own interests ahead of customers. It also matters for rookie retail investors who are learning the market, and say Robinhood's restrictions wrongly put them at a disadvantage.\n'She has the power to do everything, soup to nuts'\nThe multi-district litigation may be new for young investors, but it's not novel for the federal court system, which applies the approach when widespread events spur lawsuits. That includes occurrences like faulty consumer products, dangerous medication or data breaches.\nThe courts had 187 multidistrict litigation cases on its docket as of mid-April, statistics show .\nFrom here on, Altonaga has the ability to decide important topics like evidence disputes and class certification, said Victoria Sahani, a professor and associate dean at Arizona State University's Sandra Day O'Connor College of Law.\nThe judge can also rule on defense motions to toss the case ahead of trial, Sahani said.\n\"She has the power to do everything, soup to nuts,\" Sahani said.\nOnce all pre-trial matters are determined, the parties can opt to stick with Altonaga for the trial. Or the case can go back to the original court where it was filed -- that is, if the case even gets to a trial. Few civil cases get to that point, either because of settlement or dismissal, Sahani noted.\nRobinhood's attorneys are wagering the cases will not go far. \"We will not get past motions to dismiss,\" Kevin Orsini, a partner at Cravath, Swaine & Moore, Robinhood's laywer said during Monday's court conference. Robinhood had important factors like Securities and Exchange Commission statements and court rulings on its side, he said.\nThe plaintiffs' side begged to differ on Monday. \"We think Robinhood and the brokers are not allowed to do what they did,\" said Jeffrey Klafter, of Klafter Lesser.\nCases might also end up in an arbitrator's office rather than a courtroom. Though some consumer advocates have said arbitration is tilted towards employers and corporations, businesses say the process is fair. Robinhood has an arbitration clause . Class-action lawsuits, however, can be a way around the clause.\nBut Sahani says the clause does not automatically apply in a courtroom. \"The only way arbitration gets triggered is if one of the parties raises their hand,\" she said. Altonaga would rule on whether to grant those motions to compel arbitration, Sahani said.\nA bill introduced last week, the Investor Choice Act, would prevent broker-dealers and investment advisers from using mandatory arbitration.\nWhen cases get grouped together for the sake of efficiency, so does the legal representation. As a result, steering committees of lead plaintiffs' lawyers get formed in the multi-district litigation process.\nYet if a plaintiff signs up with one attorney, how can they know the lead attorneys will represent them with the same interest?\n\"That has become quite a contentious issue,\" said Campos. For the plaintiffs involved, \"it can be a little bewildering.\"\nThe concern about representation is a fair point, says Matthew Wilson, principal at Meyer Wilson in Columbus, Ohio, where he represents investors and consumers in class-action cases.\nHowever, all class action lawyers have a duty to advocate as best they can for whoever comes into their case, he said. Members of a class also keep the right to refuse going along with any proposed settlement, Wilson noted.\nWilson represents investors in a different case against Robinhood stemming from 2020 service outages on the platform. The litigation is pending in the Northern District of California.\nHe said if he had it his way, there wouldn't be things like mandatory arbitration. A customer should be able to decide whether to go with arbitration or court cases after a dispute surfaces, he said.\n\"We don't live in that world yet. Failing that, this is what you get,\" he said.\nMonday's court date discussed who would be lead counsel and how cases would be grouped, depending on their allegations. The plaintiffs attorneys will submit papers on proposed lead lawyers by the end of this week and into early next week.","news_type":1,"symbols_score_info":{"GME":0.9,"AONE.U":0.9,"AONE":0.9}},"isVote":1,"tweetType":1,"viewCount":917,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121068142,"gmtCreate":1624445038886,"gmtModify":1703836872658,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Collection&nbsp;","listText":"Collection&nbsp;","text":"Collection","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121068142","repostId":"1115716980","repostType":4,"repost":{"id":"1115716980","kind":"news","pubTimestamp":1624439805,"share":"https://ttm.financial/m/news/1115716980?lang=en_US&edition=fundamental","pubTime":"2021-06-23 17:16","market":"us","language":"en","title":"Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.","url":"https://stock-news.laohu8.com/highlight/detail?id=1115716980","media":"USA Today","summary":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time ","content":"<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.</p>\n<p>For the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.</p>\n<p>Bitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.</p>\n<p>Other cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.</p>\n<p>The selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.</p>\n<p>Here’s what drove the latest sell-off:</p>\n<p><b>Will Dogecoin go up or bust?:</b>Here are 700 million reasons its bubble will burst.</p>\n<p><b>Bitcoin is up, then down:</b>But exactly how does it work?</p>\n<p>Why are cryptos falling?</p>\n<p>After topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.</p>\n<p>Since then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.</p>\n<p>In early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.</p>\n<p>Bitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.</p>\n<p>Bitcoin shed more than 10% on Monday, its largest one-day drop in over a month.</p>\n<p>How much have Bitcoin, Ethereum and Dogecoin lost in value?</p>\n<p>With Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.</p>\n<p>Ethereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.</p>\n<p>Is more pain to come?</p>\n<p>Cryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.</p>\n<p>Over the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.</p>\n<p>\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"</p>\n<p><b>Elon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:</b>How to stay safe when investing in cryptocurrency</p>\n<p>Some analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.</p>\n<p>\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.</p>\n<p>Still, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.</p>\n<p>Are cryptos right for you?</p>\n<p>First-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.</p>\n<p>In 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.</p>\n<p>Dogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.</p>\n<p><b>Cryptos are now in 401(k)s:</b>Are they the right investment for your nest egg?</p>\n<p>Even with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.</p>\n<p>About 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.</p>\n<p>“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.</p>\n<p>\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”</p>","source":"lsy1624439865427","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>Bitcoin briefly crashed again, wiping out 2021 gains. Here's why.</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\">\nBitcoin briefly crashed again, wiping out 2021 gains. Here's why.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-23 17:16 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/><strong>USA Today</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a ...</p>\n\n<a href=\"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","COIN":"Coinbase Global, Inc."},"source_url":"https://www.usatoday.com/story/money/markets/2021/06/22/bitcoin-price-update-ethereum-dogecoin-crashing-heres-why/5304172001/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1115716980","content_text":"Cryptocurrencies gyrated sharply Tuesday, extending a recent run of wild swings.\nFor the first time since January, bitcoin — the world’s most popular digital coin — briefly dropped below $30,000, a key level that technical analysts monitor. It erased its gains for 2021 before recovering to trade at $32,481.93, according to CoinGecko, a crypto market data site.\nBitcoin at one point shed more than 10% to trade as low as $29,154.73, losing more than half its value since hitting a record high in April. That's after a tremendous performance in 2020, with the digital currency surging more than 300%.\nOther cryptos joined the sell-off before paring losses, with ethereum, the second-biggest digital currency by market value, slumping more than 5%. Now it's ticked up 0.7% over the past 24 hours.\nThe selling also spilled over to smaller coins like Dogecoin, a meme-inspired crypto that at one point tumbled more than 25% to erase all of its gains since April. It has since cut declines and is down 1% in the past day.\nHere’s what drove the latest sell-off:\nWill Dogecoin go up or bust?:Here are 700 million reasons its bubble will burst.\nBitcoin is up, then down:But exactly how does it work?\nWhy are cryptos falling?\nAfter topping $64,000 in April, bitcoin has struggled to reclaim its all-time highs since then following a series of events. It came under pressure in May after tech billionaire Elon Musk, who has driven traders into frenzies by mentioning cryptos at times, said Tesla will stop using Bitcoin as a form of payment over concerns of the cryptocurrency's impact on fossil fuels.\nSince then, cryptos have gyrated as coins such as ethereum typically to move in tandem with bitcoin.\nIn early June, bitcoin fell further amid concerns of its use in the Colonial Pipeline ransomware attack.\nBitcoin, for instance, briefly touched $40,000 last week and fell again Monday after China's central bank deepened a crackdown on cryptocurrencies. China's central bank said it ordered some banks and payment firms, including China Construction Bank and Alipay, to crack down further on cryptocurrency trading.\nBitcoin shed more than 10% on Monday, its largest one-day drop in over a month.\nHow much have Bitcoin, Ethereum and Dogecoin lost in value?\nWith Tuesday’s losses, bitcoin has slid more than 50% from its all-time high above $64,000 in mid-April. To be sure, bitcoin is still up more than 200% over the past 12 months.\nEthereum has shed nearly 57% from its all time high of $4,356.99 in May while Dogecoin has shed more than 70% since it touched a record of about 73 cents last month, according to CoinGecko.\nIs more pain to come?\nCryptos could be poised for further declines based on a closely watched indicator, according to technical analysts.\nOver the weekend, bitcoin formed a death cross, a chart pattern that signals the potential for a major sell-off. Bitcoin’s average price over the past 50 days fell below its 200-day moving average, which means there could be more pressure on the digital coin.\n\"Long-term bitcoin bulls are getting nervous as a break of $30,000 could see a tremendous amount of momentum selling,\" Edward Moya, senior market analyst at foreign-exchange trading service OANDA, said in a recent note. \"Many traders have waited for one more push lower, which could see crypto traders wait for a plunge towards the $20,000-$25,000 area.\"\nElon Musk, Snoops Dogg and Mark Cuban love Dogecoin. Should you?:How to stay safe when investing in cryptocurrency\nSome analysts think the May sell-off in bitcoin weakened institutional demand, which is likely to keep prices under pressure in the near term.\n\"There is little doubt that the boom and bust dynamics of the past weeks represent a setback to the institutional adoption of crypto markets and in particular of Bitcoin and Ethereum,” JPMorgan strategist Nikolaos Panigirtzoglou said in a report earlier this month.\nStill, some are using the recent decline in bitcoin as a buying opportunity. On Monday, MicroStrategy, enterprise software company, said it scooped up an additional $489 million worth of bitcoin, bringing its total holdings to 105,085 bitcoins.\nAre cryptos right for you?\nFirst-time investors should proceed with caution. Piling all of your nest egg into something as volatile as cryptocurrencies poses big risks to your retirement, experts say. Wealth managers and finance experts have long been skeptical of these speculative investments for amateur investors due to their extreme swings.\nIn 2013, bitcoin began trading around $13 and spiked to more than $1,000 by December. In late 2017, the digital token surged to nearly $20,000, before crashing to almost $3,000 the following year. What followed was a dizzying rise to above $64,000 in April 2021.\nDogecoin has seen similar booms and swoons. It has ridden a similar Reddit-driven wave as stocks like GameStop and AMC in recent months, accelerated by a series of tweets by Musk, who was pumping the cryptocurrency.\nCryptos are now in 401(k)s:Are they the right investment for your nest egg?\nEven with the latest declines, the sharp rise in the value of bitcoin earlier this year has some analysts worried about a potential bubble in the cryptocurrency market, with bitcoin's price – at one point – more than doubling since the start of 2021.\nAbout 81% of fund managers polled in a recent Bank of America survey in June said bitcoin was still a bubble. That’s up from about 75% of managers who said so in May.\n“While there's no guarantee that Bitcoin will recover this time, those who believe in its long-term future may well see this decline as an opportunity to invest more,” James Royal, analyst at Bankrate.com, said in a note.\n\"Cryptocurrency traders, especially individuals, need to know the risks of what they own,\" Royal added. \"In some cases, the risks could be a complete loss of their investment.”","news_type":1,"symbols_score_info":{"GBTC":0.9,"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121063750,"gmtCreate":1624444996370,"gmtModify":1703836870714,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Retraced&nbsp;","listText":"Retraced&nbsp;","text":"Retraced","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121063750","repostId":"1118272969","repostType":4,"isVote":1,"tweetType":1,"viewCount":2214,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121060731,"gmtCreate":1624444898523,"gmtModify":1703836867467,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"&nbsp;&nbsp;really&nbsp;","listText":"&nbsp;&nbsp;really&nbsp;","text":"really","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121060731","repostId":"1145825451","repostType":4,"isVote":1,"tweetType":1,"viewCount":2226,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":137567062,"gmtCreate":1622364682056,"gmtModify":1704183510639,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Comment","listText":"Comment","text":"Comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/137567062","repostId":"2138948877","repostType":4,"repost":{"id":"2138948877","kind":"highlight","weMediaInfo":{"introduction":"The leading daily newsletter for the latest financial and business news. 33Yrs Helping Stock Investors with Investing Insights, Tools, News & More.","home_visible":0,"media_name":"Investors","id":"1085713068","head_image":"https://static.tigerbbs.com/608dd68a89ed486e18f64efe3136266c"},"pubTimestamp":1622215813,"share":"https://ttm.financial/m/news/2138948877?lang=en_US&edition=fundamental","pubTime":"2021-05-28 23:30","market":"us","language":"en","title":"The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever","url":"https://stock-news.laohu8.com/highlight/detail?id=2138948877","media":"Investors","summary":"Vacation trends reveal shifts toward privacy, luxury and family, continuing a transformative period for leisure and travel stocks.","content":"<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</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>The Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever</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\">\nThe Pandemic May Have Changed Vacations – And Travel Stocks Like Airbnb, Marriott, Winnebago – Forever\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/608dd68a89ed486e18f64efe3136266c);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Investors </p>\n<p class=\"h-time\">2021-05-28 23:30</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like <b>Airbnb</b> that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.</p><p>Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.</p><p>\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"</p><p>One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.</p><p>And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.</p><p>Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.</p><h2>Leisure, Travel Industry Stocks</h2><p>Shares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.</p><p>Airline stocks&nbsp;like <b>American Airlines</b>, <b>United Airlines</b> and <b>Delta Air Lines</b> surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.</p><p>Cruise stocks like <b>Carnival</b>, <b>Royal Caribbean</b> and <b>Norwegian Cruise Line</b> are showing similar patterns.</p><p>Meanwhile, shares of boat makers <b>MarineMax</b> and <b>Brunswick</b> as well as RV makers <b>Winnebago</b> and <b>Thor Industries</b> need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.</p><p>Hotel leader <b>Marriott</b> has been less volatile and is forming a base, though earnings and sales have yet to fully recover.</p><p>Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from <b><a href=\"https://laohu8.com/S/EXPE\">Expedia</a></b> rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.</p><h2><b>When Luxury Means More Privacy</b></h2><p>Luxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.</p><p>Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"</p><p>Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.</p><p>They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.</p><p>Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.</p><p>In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.</p><p>Private jet leasing company NetJets, which is owned by <b>Berkshire Hathaway</b>, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.</p><p>Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.</p><h2><b>Vacation Shift Favors These Travel Stocks</b></h2><p>Hotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.</p><p>Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.</p><p>The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes &amp; Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.</p><p>The Homes &amp; Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.</p><p>\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.</p><p>Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.</p><p>\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.</p><h2><b>Seaworthy Travel Stocks </b></h2><p>Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.</p><p>One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.</p><p>But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.</p><p>\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"</p><p>The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick&nbsp;as well as sport boat maker <b>Malibu Boats</b>.</p><p>\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.</p><h2><b>Travel Stocks For Being Alone Together</b></h2><p>The desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.</p><p>\"The rediscovery of America will continue this summer,\" Weissman said.</p><p>The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.</p><p>Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.</p><p>\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"</p><p>Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.</p><h2><b>Work-Life Rebalance</b></h2><p>As people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.</p><p>Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.</p><p>Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"</p><p>Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.</p><p>\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"</p><h2>Future Of Business Travel?</h2><p>That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.</p><p>Experts say fewer workers may fly for <a href=\"https://laohu8.com/S/AONE\">one</a>-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.</p><p>When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in <a href=\"https://laohu8.com/S/AONE.U\">one</a> house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.</p><p>That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.</p><p>\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WGO":"温尼巴格实业"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2138948877","content_text":"Your next vacation will likely be more private, luxurious or family oriented than your trips in the past, and business trips may never be the same. For leisure and travel stocks like Airbnb that got slammed by pandemic shutdowns, the lifting of Covid curbs means adjusting to a whole new world.Some tastes people acquired last year as they looked for escapes from lockdown are proving durable, like traveling to national parks by RV. Others, such as boating, grew out of surges in wealth that the stock market rally provided. As the summer travel season heats up, Americans are making new choices in where they go, when they go, how they get there and who joins them.\"The world is never going back to the way it was,\" said Airbnb CEO Brian Chesky on an earnings call in May. \"And that means that travel is never going back to the way it was either.\"One major trend is travelers have become more flexible about when and where they go, especially as remote work allows people to blur when they are on and off the clock. Airbnb stock rose May 24, when the company updated booking features, including an option to search for listings without fixed dates or locations.And consumers aren't the only ones changing their habits. While tourism-dependent destinations suffered last year, the less-packed streets also showed locals the benefits of quieter communities.Residents and local officials in normally packed hot spots like Italy and Hawaii are considering limiting the number of tourists. Such a seismic change could make visiting these places prohibitively expensive for many people. If the mix of travelers tilts more heavily toward the wealthy, travel stocks will nudge further toward luxury.Leisure, Travel Industry StocksShares across the sector have rebounded from last year's pandemic lows. The stocks' recent chart action is mixed. But many travel stocks have outperformed the market the past week and could present buying opportunities for investors.Airline stocks like American Airlines, United Airlines and Delta Air Lines surged earlier this year on the Reddit stock short squeeze. Then they sold off because business and overseas travel remained weak. Since then, they've consolidated and are approaching buy points.Cruise stocks like Carnival, Royal Caribbean and Norwegian Cruise Line are showing similar patterns.Meanwhile, shares of boat makers MarineMax and Brunswick as well as RV makers Winnebago and Thor Industries need to regroup after some failed breakouts. They are no longer in buy zones but could form new bases if earnings and sales growth remain strong.Hotel leader Marriott has been less volatile and is forming a base, though earnings and sales have yet to fully recover.Airbnb stock has had a more difficult year. It surged after going public in December but began to slump in March as competition from Expedia rival Vrbo rental service reduced the availability of hosts. A mixed Q1 earnings report and the end of a post-IPO lockup period also weighed on Airbnb stock, which popped up 6% Thursday on higher volume but remained 35% off its 2021 high.When Luxury Means More PrivacyLuxury travel, once the purview of only the ultrarich, may have won over those who might have had the means but not the need to travel lavishly. As travelers sought to avoid crowds during the pandemic, those with the means turned to options like private jets.Arnie Weissman, editor-in-chief of Travel Weekly, says the pandemic opened luxury travel to a wider customer base. \"Some people developed a taste for it, and it's likely to continue.\"Kim-Marie Evans, who writes the blog \"Luxury Travel Moms\" and plans travel for high-net-worth clients, told IBD she booked a trip for a family to Anguilla.They stayed in a four-bedroom villa at the Four Seasons. And rather than flying commercially, they used a private jet service.Private jet bookings are at or near their pre-pandemic highs, according to Elite Traveler, citing industry tracker FlightAware's data.In May, private jet company Wheels Up said membership jumped 58% in Q1 to nearly 10,000. And VistaJet, another leading private jet company, said membership climbed 29% from a year ago.Private jet leasing company NetJets, which is owned by Berkshire Hathaway, says its flight volume dropped to as low as 10% of 2019 numbers at the start of the pandemic.Now the company, which also offers fractional ownership of its jets, says it's operating at 85% of its 2019 volume. NetJets said in a statement that commercial airlines have reduced their schedules. Consumers also are prioritizing their health and safety, choosing the seclusion of a private jet over a packed jetliner.Vacation Shift Favors These Travel StocksHotel chains implemented stringent Covid-19 protocols to convince visitors their properties were clean and safe. Still, many travelers opted to rent private homes through Airbnb, where they could avoid mingling with strangers in hotel lobbies, Weismann says.Travel trends favor Airbnb stock long term, though it currently is slumping. On May 27, analysts at RBC Capital Markets rated shares at outperform, citing secular tailwinds that have yet to be fully appreciated by the market such as its dominant customer engagement.The pandemic also shed light on the market potential of travel stocks like Marriott, which operates home-rental service Homes & Villas by Marriott International, catering to ultra premium short- and long-term stays, CFRA Research analyst Tuna Amobi says.The Homes & Villas platform, which offers professionally managed private homes, had around 2,000 units at launch less than two years ago. Today, it lists nearly 25,000 properties.\"They're where we don't have hotels, and many of them are in more remote locations, which really was quite attractive during Covid,\" said Marriott International President Stephanie Linnartz in a recent call with investors.Airbnb also finds that customers are visiting smaller cities, towns and rural communities — not the same 20-30 cities that were most popular pre-pandemic. People are traveling outside the peak seasons and staying longer.\"There is a mass shift from mass travel to meaningful travel,\" CEO Chesky said.Seaworthy Travel Stocks Luxury cruising should also come back with a bang. Nearly every cruise line's around-the-world luxury voyage is fully booked two years in advance.One cruise line, Silversea, said its 139-day around-the-world cruise sold out in a single day. The Monaco-based cruise line is owned by Royal Caribbean. The cruise costs between $74,000 and $278,000 per guest, based on double occupancy. That compares with typical fares that start at $15,000-$20,000.But others heading out to sea want to avoid crowded ships, which have seen outbreaks of coronavirus and other infections. The National Marine Manufacturers Association says new powerboat sales surged 34% in February compared to the same time period last year.\"Inventory levels of new boats are the leanest they've ever been, and boats are being sold as soon as they hit the marketplace as manufacturers work to fulfill the backlog of orders,\" said Vicky Yu, senior director of business intelligence for NMMA. \"While new boat sales slowed in early 2021 following record sales last year, we are still seeing elevated levels as more Americans seek out boating as a way to spend quality time with loved ones.\"The trend has pushed up leisure and travel stocks like boat retailers MarineMax and Brunswick as well as sport boat maker Malibu Boats.\"It's really turning out to be a great alternative for people to stay close to home and with their family and friends and enjoy the boating lifestyle,\" MarineMax CFO Michael McLamb said in a conference call after reporting earnings April 22.Travel Stocks For Being Alone TogetherThe desire to spend more time with friends and family is also spurring RV sales. They exploded in popularity during the pandemic, and sales data this year show demand remains high.\"The rediscovery of America will continue this summer,\" Weissman said.The pandemic accelerated long-term trends favoring the outdoors, Winnebago CEO Michael Happe said in a March earnings call. That includes power sports, boating and RVs.Consumer priorities have changed, he added, toward a desire to invest in experiences vs. possessions.\"We also believe the time (spent) recently with family and friends has reinforced that they'd like to do more of that in the future,\" Happe said. \"And families and individuals will be reevaluating how they spend their leisure time going forward.\"Airbnb pointed to another sign of this trend among leisure and travel stocks. Instead of booking studio apartments in cities, more customers are booking entire homes with more bedrooms. As a result, the number of guests per reservation has increased.Work-Life RebalanceAs people pay closer attention to their well-being post-Covid, another trend to watch is high-end wellness tourism with a focus on fitness, rejuvenation and health, Weissman says. That includes yoga and spa getaways as well as packages that offer cycling and hiking activities.Meanwhile, the work-from-home shift allowed people to rethink other aspects of their lifestyle. In particular, they can try to balance work, leisure and travel differently.Wedbush analyst James Hardiman says \"2020 was proof of concept that people can be productive, even more productive, while working remotely.\"Airbnb says the share of bookings longer than 28 days jumped to 24% in Q1 from 14% in 2019. The company doesn't consider this travel.\"People are not just traveling on Airbnb,\" Chesky said. \"They're now living on Airbnb.\"Future Of Business Travel?That also has implications for business travel, which is the most lucrative segment for travel stocks like airlines.Experts say fewer workers may fly for one-day intracompany meetings. However, more crucial business will still require people to fly for in-person meetings.When it's time to show up in person, Airbnb expects workers will travel together more often. That trend also has ramifications for Airbnb stock and others. Employees who work in different cities might stay in one house when they visit headquarters. They could share meals together at the kitchen table in the morning or evening.That may be a welcome change for road warriors, who pop in an out of cities and squeeze in sightseeing along the way.\"They don't miss business travel,\" Chesky said. \"They don't miss standing in line in front of a museum or a landmark … getting a photo with a selfie stick.\"","news_type":1,"symbols_score_info":{"WGO":0.9}},"isVote":1,"tweetType":1,"viewCount":2597,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353228269,"gmtCreate":1616503170651,"gmtModify":1704794934464,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/353228269","repostId":"2121084489","repostType":4,"repost":{"id":"2121084489","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":1616500753,"share":"https://ttm.financial/m/news/2121084489?lang=en_US&edition=fundamental","pubTime":"2021-03-23 19:59","market":"us","language":"en","title":"GameStop loses second senior exec as shakeup deepens","url":"https://stock-news.laohu8.com/highlight/detail?id=2121084489","media":"Reuters","summary":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resi","content":"<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</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>GameStop loses second senior exec as shakeup deepens</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nGameStop loses second senior exec as shakeup deepens\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\">2021-03-23 19:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.</p>\n<p>This is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.</p>\n<p>The company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.</p>\n<p>Hamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"游戏驿站"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2121084489","content_text":"March 23 (Reuters) - GameStop Corp said on Tuesday its chief customer officer Frank Hamlin will resign from the company by March 31, pointing to a deepening of changes driven by its new biggest shareholder, Chewy.com co-founder Ryan Cohen.\nThis is the second executive departure at GameStop since it tapped Cohen to spearhead a transition to e-commerce. Chief Financial Officer Jim Bell is stepping down this month.\nThe company, which is expected to report fourth quarter results after the market close on Tuesday, garnered eyeballs after a social media frenzy in January, motivated in part by anger at shortsellers, triggered a rally in its shares.\nHamlin will become entitled to the payments, rights and benefits associated with a ‘Good Reason’ resignation under his employment agreement with GameStop, it said in a regulatory filing on Tuesday.","news_type":1,"symbols_score_info":{"GME":0.9}},"isVote":1,"tweetType":1,"viewCount":801,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121069557,"gmtCreate":1624444962979,"gmtModify":1703836869091,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Trm","listText":"Trm","text":"Trm","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121069557","repostId":"2145096879","repostType":4,"isVote":1,"tweetType":1,"viewCount":2434,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":165685538,"gmtCreate":1624126917324,"gmtModify":1703829162762,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Wulala","listText":"Wulala","text":"Wulala","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/165685538","repostId":"1113942445","repostType":4,"isVote":1,"tweetType":1,"viewCount":2285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":121063055,"gmtCreate":1624444977777,"gmtModify":1703836869416,"author":{"id":"3579351675564800","authorId":"3579351675564800","name":"Wookaka","avatar":"https://static.tigerbbs.com/d13f2b4ff94c3f0d585387fba72a9aa7","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3579351675564800","authorIdStr":"3579351675564800"},"themes":[],"htmlText":"Sell","listText":"Sell","text":"Sell","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/121063055","repostId":"2145509616","repostType":4,"repost":{"id":"2145509616","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":1624441324,"share":"https://ttm.financial/m/news/2145509616?lang=en_US&edition=fundamental","pubTime":"2021-06-23 17:42","market":"us","language":"en","title":"Alfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks","url":"https://stock-news.laohu8.com/highlight/detail?id=2145509616","media":"Reuters","summary":"June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more","content":"<p>June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more than doubling in value in the previous session, in a move evocative of the so-called \"meme stock\" frenzy that has gripped equity markets this year.</p>\n<p>Alfi's stock was trading at around $14.65 per share by 5:26 a.m. ET after ending Tuesday's session at a record high of $16.29, and was again among the most heavily traded stocks before the bell.</p>\n<p>Some social media users and <a href=\"https://laohu8.com/S/AONE\">one</a> portfolio manager on Tuesday cited a Benzinga.com report that Alfi planned to buy back stock as helping to fuel the rally.</p>\n<p>Shares of a group of heavily shorted companies including video game retailer GameStop Corp and cinema operator AMC Entertainment Holdings Inc have seen wild swings this year in a phenomenon dubbed the \"meme stock\" rally that has been driven by small-time traders on online discussion forums.</p>\n<p>Although short interest in Alfi last stood at 3.85% of free float, according to Refinitiv data, the company was among the top 10 trending stocks on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from retail investors.</p>\n<p>Another retail darling, <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a></p>\n<p>, sank 10% in premarket trading, extending a 30% slide in the previous session after it upsized its stock offering to $250 million.</p>\n<p>GameStop has also cashed in on the Reddit-driven rally in its stock, saying on Tuesday it had raised $1.13 billion in its latest share offering. Its shares were down 0.3% after jumping 10% in the previous session.</p>\n<p>AMC shares slid 0.8%, while other meme stocks Clover Health Investments Corp , ContextLogic Inc and Petco Health and Wellness Co rose between 0.4% and 2.4%.</p>\n<p>(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)</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>Alfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks</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\">\nAlfi Inc shares set to fall from record highs, 'meme stock' Torchlight sinks\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\">2021-06-23 17:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more than doubling in value in the previous session, in a move evocative of the so-called \"meme stock\" frenzy that has gripped equity markets this year.</p>\n<p>Alfi's stock was trading at around $14.65 per share by 5:26 a.m. ET after ending Tuesday's session at a record high of $16.29, and was again among the most heavily traded stocks before the bell.</p>\n<p>Some social media users and <a href=\"https://laohu8.com/S/AONE\">one</a> portfolio manager on Tuesday cited a Benzinga.com report that Alfi planned to buy back stock as helping to fuel the rally.</p>\n<p>Shares of a group of heavily shorted companies including video game retailer GameStop Corp and cinema operator AMC Entertainment Holdings Inc have seen wild swings this year in a phenomenon dubbed the \"meme stock\" rally that has been driven by small-time traders on online discussion forums.</p>\n<p>Although short interest in Alfi last stood at 3.85% of free float, according to Refinitiv data, the company was among the top 10 trending stocks on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from retail investors.</p>\n<p>Another retail darling, <a href=\"https://laohu8.com/S/TRCH\">Torchlight Energy Resources Inc</a></p>\n<p>, sank 10% in premarket trading, extending a 30% slide in the previous session after it upsized its stock offering to $250 million.</p>\n<p>GameStop has also cashed in on the Reddit-driven rally in its stock, saying on Tuesday it had raised $1.13 billion in its latest share offering. Its shares were down 0.3% after jumping 10% in the previous session.</p>\n<p>AMC shares slid 0.8%, while other meme stocks Clover Health Investments Corp , ContextLogic Inc and Petco Health and Wellness Co rose between 0.4% and 2.4%.</p>\n<p>(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CLOV":"Clover Health Corp","WOOF":"Petco Health and Wellness Company, Inc.","MMAT":"Meta Materials Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2145509616","content_text":"June 23 (Reuters) - Shares of software firm Alfi Inc fell 10% in early deals on Wednesday after more than doubling in value in the previous session, in a move evocative of the so-called \"meme stock\" frenzy that has gripped equity markets this year.\nAlfi's stock was trading at around $14.65 per share by 5:26 a.m. ET after ending Tuesday's session at a record high of $16.29, and was again among the most heavily traded stocks before the bell.\nSome social media users and one portfolio manager on Tuesday cited a Benzinga.com report that Alfi planned to buy back stock as helping to fuel the rally.\nShares of a group of heavily shorted companies including video game retailer GameStop Corp and cinema operator AMC Entertainment Holdings Inc have seen wild swings this year in a phenomenon dubbed the \"meme stock\" rally that has been driven by small-time traders on online discussion forums.\nAlthough short interest in Alfi last stood at 3.85% of free float, according to Refinitiv data, the company was among the top 10 trending stocks on trading-focused social media site Stocktwits, a platform commonly seen as a measure of interest from retail investors.\nAnother retail darling, Torchlight Energy Resources Inc\n, sank 10% in premarket trading, extending a 30% slide in the previous session after it upsized its stock offering to $250 million.\nGameStop has also cashed in on the Reddit-driven rally in its stock, saying on Tuesday it had raised $1.13 billion in its latest share offering. Its shares were down 0.3% after jumping 10% in the previous session.\nAMC shares slid 0.8%, while other meme stocks Clover Health Investments Corp , ContextLogic Inc and Petco Health and Wellness Co rose between 0.4% and 2.4%.\n(Reporting by Sagarika Jaisinghani in Bengaluru; Editing by Shounak Dasgupta)","news_type":1,"symbols_score_info":{"CLOV":0.9,"WOOF":0.9,"MMAT":0.9,"WISH":0.9,"TRCH":0.9}},"isVote":1,"tweetType":1,"viewCount":1919,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}