To The Moon
Home
News
TigerAI
Log In
Sign Up
Walc
+Follow
Posts · 16
Posts · 16
Following · 0
Following · 0
Followers · 0
Followers · 0
Walc
Walc
·
2022-04-09
Palantir
Palantir Vs. Snowflake Stock: Which Is The Better Buy?
SummaryPalantir's and Snowflake's shares performed badly in 2022 year-to-date, as technology stocks
Palantir Vs. Snowflake Stock: Which Is The Better Buy?
看
1.30K
回复
Comment
点赞
4
编组 21备份 2
Share
Report
Walc
Walc
·
2022-03-30
Ok
U.S. Probe of Google Maps Picks up Speed - Sources
WASHINGTON, March 30 (Reuters) - The U.S. Justice Department has breathed new life into an investiga
U.S. Probe of Google Maps Picks up Speed - Sources
看
2.05K
回复
Comment
点赞
3
编组 21备份 2
Share
Report
Walc
Walc
·
2022-03-30
Good
Apple Stock: One Good Day Away From $3 Trillion
After struggling through nearly all of 2022, Apple stock is suddenly within striking distance of the
Apple Stock: One Good Day Away From $3 Trillion
看
2.87K
回复
Comment
点赞
3
编组 21备份 2
Share
Report
Walc
Walc
·
2021-09-15
High risk
Sorry, this post has been deleted
看
2.92K
回复
1
点赞
4
编组 21备份 2
Share
Report
Walc
Walc
·
2021-07-27
IWDA
Global ETFs draw record inflows in first half of 2021
July 27 (Reuters) - Global exchange-traded funds (ETFs) have attracted record investments this year,
Global ETFs draw record inflows in first half of 2021
看
2.86K
回复
1
点赞
4
编组 21备份 2
Share
Report
Walc
Walc
·
2021-07-27
Go!
Sorry, this post has been deleted
看
2.39K
回复
Comment
点赞
2
编组 21备份 2
Share
Report
Walc
Walc
·
2021-07-24
Should be good
Sorry, this post has been deleted
看
2.98K
回复
1
点赞
2
编组 21备份 2
Share
Report
Walc
Walc
·
2021-07-13
Rise
SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.
SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition
SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.
看
2.74K
回复
1
点赞
3
编组 21备份 2
Share
Report
Walc
Walc
·
2021-07-02
Not safe
Crypto exchange Binance hit by criminal complaint from Thai regulators
July 2 (Reuters) - Thailand's financial watchdog filed a criminal complaint against cryptocurrency e
Crypto exchange Binance hit by criminal complaint from Thai regulators
看
2.00K
回复
1
点赞
5
编组 21备份 2
Share
Report
Walc
Walc
·
2021-06-29
Ok
Sorry, this post has been deleted
看
2.02K
回复
Comment
点赞
Like
编组 21备份 2
Share
Report
Load more
Most Discussed
{"i18n":{"language":"en_US"},"isCurrentUser":false,"userPageInfo":{"id":"3554732731767016","uuid":"3554732731767016","gmtCreate":1591641242587,"gmtModify":1591641242587,"name":"Walc","pinyin":"walc","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.laohu8.com/default-avatar.jpg","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":2,"headSize":8,"tweetSize":16,"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":"1026c425416b44e0aac28c11a0848493-4","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Tiger Star","description":"Join the tiger community for 2000 days","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.12.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"44212b71d0be4ec88898348dbe882e03-2","templateUuid":"44212b71d0be4ec88898348dbe882e03","name":"Executive Tiger","description":"The transaction amount of the securities account reaches $300,000","bigImgUrl":"https://static.tigerbbs.com/9d20b23f1b6335407f882bc5c2ad12c0","smallImgUrl":"https://static.tigerbbs.com/ada3b4533518ace8404a3f6dd192bd29","grayImgUrl":"https://static.tigerbbs.com/177f283ba21d1c077054dac07f88f3bd","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2023.07.14","exceedPercentage":"80.77%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1101},{"badgeId":"7a9f168ff73447fe856ed6c938b61789-1","templateUuid":"7a9f168ff73447fe856ed6c938b61789","name":"Knowledgeable Investor","description":"Traded more than 10 stocks","bigImgUrl":"https://static.tigerbbs.com/e74cc24115c4fbae6154ec1b1041bf47","smallImgUrl":"https://static.tigerbbs.com/d48265cbfd97c57f9048db29f22227b0","grayImgUrl":"https://static.tigerbbs.com/76c6d6898b073c77e1c537ebe9ac1c57","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1102},{"badgeId":"a83d7582f45846ffbccbce770ce65d84-1","templateUuid":"a83d7582f45846ffbccbce770ce65d84","name":"Real Trader","description":"Completed a transaction","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"972123088c9646f7b6091ae0662215be-2","templateUuid":"972123088c9646f7b6091ae0662215be","name":"Master Trader","description":"Total number of securities or futures transactions reached 100","bigImgUrl":"https://static.tigerbbs.com/ad22cfbe2d05aa393b18e9226e4b0307","smallImgUrl":"https://static.tigerbbs.com/36702e6ff3ffe46acafee66cc85273ca","grayImgUrl":"https://static.tigerbbs.com/d52eb88fa385cf5abe2616ed63781765","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":"80.59%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":5,"currentWearingBadge":{"badgeId":"1026c425416b44e0aac28c11a0848493-4","templateUuid":"1026c425416b44e0aac28c11a0848493","name":"Tiger Star","description":"Join the tiger community for 2000 days","bigImgUrl":"https://static.tigerbbs.com/dddf24b906c7011de2617d4fb3f76987","smallImgUrl":"https://static.tigerbbs.com/53d58ad32c97254c6f74db8b97e6ec49","grayImgUrl":"https://static.tigerbbs.com/6304700d92ad91c7a33e2e92ec32ecc1","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":1,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2025.12.01","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},"individualDisplayBadges":null,"crmLevel":12,"crmLevelSwitch":0,"location":null,"starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":1,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"page":1,"watchlist":null,"tweetList":[{"id":9015522804,"gmtCreate":1649516010360,"gmtModify":1676534524220,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Palantir","listText":"Palantir","text":"Palantir","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9015522804","repostId":"1179777825","repostType":4,"repost":{"id":"1179777825","kind":"news","pubTimestamp":1649469608,"share":"https://ttm.financial/m/news/1179777825?lang=&edition=fundamental","pubTime":"2022-04-09 10:00","market":"us","language":"en","title":"Palantir Vs. Snowflake Stock: Which Is The Better Buy?","url":"https://stock-news.laohu8.com/highlight/detail?id=1179777825","media":"Seeking Alpha","summary":"SummaryPalantir's and Snowflake's shares performed badly in 2022 year-to-date, as technology stocks ","content":"<html><head></head><body><p>Summary</p><ul><li>Palantir's and Snowflake's shares performed badly in 2022 year-to-date, as technology stocks fell out of favor with investors and both companies' forward-looking guidance disappointed the market.</li><li>The long-term outlook for both SNOW and PLTR is good, considering the growth in new data creation and the expected revenue increase and profit margin expansion for the two companies.</li><li>Palantir is the more attractive Buy of the two stocks, taking into account both valuations and key risk factors.</li></ul><p>Elevator Pitch</p><p>Palantir Technologies Inc. (NYSE:PLTR) is a better buy compared with Snowflake Inc. (SNOW). I prefer PLTR over SNOW because the former has maintained a good balance between revenue growth and profit margins. Palantir is expected to grow its top line by more than +30% every year going forward, while still delivering normalized net profit margins of above +20% in the future. In comparison, Snowflake's top line growth expectations are better, but it is relatively less profitable. More importantly, Palantir is much cheaper than Snowflake based on the forward Enterprise Value-to-Revenue metric.</p><p>How Are SNOW And PLTR's Stock Performance?</p><p>The year-to-date stock price performance of SNOW and PLTR have been poor on both an absolute and relative basis.</p><p><b>Snowflake's And Palantir's 2022 Year-To-Date Share Price Performance</b></p><p><img src=\"https://static.tigerbbs.com/3dfec436e13ecbd10b4390c8ec9c312b\" tg-width=\"640\" tg-height=\"221\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Seeking Alpha</p><p>The shares of Palantir and Snowflake were down by -29.5% and -37.4%, respectively, so far this year. During the same period, the S&P 500 declined by a relatively modest -5.2%. Both SNOW and PLTR saw their shares fall the most around mid-March 2022. March 11, 2022, <i>Seeking Alpha News</i>articlehighlighted that "Snowflake shares fell sharply" on the day alongside "several other cloud-related stocks, as investors continued to shun technology stocks."</p><p>Apart from weak investor sentiment, which has hurt the share price performance of technology stocks in general, there are also company-specific headwinds relating to Snowflake and Palantir, which I detail in the next section.</p><p>SNOW And PLTR Stock Key Metrics</p><p>Both SNOW's and PLTR's forward-looking guidance disappointed the market. This was a key factor that led to the sell-down in their shares in 2022 year-to-date.</p><p>Starting with Palantir, the company released the company's Q4 2021 financial results in a media release issued on February 17, 2022, before the market opened. PLTR's shares subsequently fell by -16% to close at $11.77 on the day of the earnings release. Palantir has yet to fully recover from its post-results announcement correction, as its last closing share price of $12.84 as of April 7, 2022, was still -8% below its pre-results stock price of $13.97 (closing price on February 16th).</p><p>PLTR's top line expanded by +34% YOY to $433 million in the fourth quarter of 2021. This was+4%above what the market had expected. The company's robust revenue growth was driven by a +71% YOY increase in the number of customers, from 139 as of December 31, 2020, to 237 as of year-end 2021, as per its recent quarterly results presentation. Palantir grew its client base much faster than what Wall Street was expecting; the sell-side's consensus 2021 year-end estimate was 219 clients, according to<i>S&P Capital IQ</i>.</p><p>However, Palantir's non-GAAP adjusted earnings per share contracted from $0.03 in Q4 2020 to $0.02 in Q4 2021. More significantly, PLTR's fourth quarter bottom line was approximately-44%below the market consensus EPS forecast. Palantir's total adjusted costs (excluding stock-based compensation) rose by +42% YOY to $309 million in the most recent quarter. This was largely attributable to a substantial jump in commercial sales headcount, from 12 as of end-2020 to 80 as of December 31, 2021, as indicated in PLTR's Q4 2021 results presentation.</p><p>Looking forward, PLTR's revenue guidance was encouraging. As per its Q4 2021 earnings press release, Palantir guided for Q1 2022 revenue of $443 million (implying +30% YOY top line expansion) and "annual revenue growth of 30% or greater through 2025."</p><p>However, Palantir's near-term profitability guidance didn't meet market expectations. The company expects to achieve a non-GAAP adjusted operating profit margin of 23% in the first quarter of this year, which is much lower than Wall Street's consensus Q1 2022 operating margin estimate of 28%, as per<i>S&P Capital IQ</i>. At the <i>Morgan Stanley</i>(MS)Technology, Media & Telecom Conference on March 9, 2022, PLTR explained that "the investments in the product" in 2021 "drove more improvement faster than we actually thought they might," and the company is "giving ourselves a little space there to invest as aggressively as possible."</p><p>Moving on to Snowflake, its Q4 2021 revenue of $360 million beat the sell-side consensus by+3%, and this represented a +102% YOY growth. But SNOW's shares still dropped by -15%, from a $264.69 close on March 2, 2022, to $224.02 on March 3, 2022 (post-earnings release). In the next one month or so, Snowflake's stock price declined further, closing at $213.88 as of April 7, 2022.</p><p>SNOW's shares performed poorly because investors were unsatisfied with the company's fiscal 2023 (YE January 31) revenue growth guidance. Based on the midpoint of Snowflake's management, the company expected its revenue to increase by +66% in FY 2023. This implied a substantial slowdown in SNOW's top line expansion, as the company's sales grew by +106% in fiscal 2022.</p><p>Snowflake attributed the weaker-than-expected revenue growth guidance for FY 2023 to platform performance improvements, which will provide more value to its clients. SNOW acknowledged at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, that "every performance improvement we do, we may have a revenue hit," but it stressed that "those customers are consuming more" in around half a year's time.</p><p>In the subsequent two sections of the article, I will touch on the similarities and the differences between Palantir and Snowflake.</p><p>Do Snowflake And Palantir Share The Same Market?</p><p>Snowflake and Palantir do share the same market to a large extent.</p><p>A December 2020research report published by <i>Harris Williams</i> classified both PLTR and SNOW as infrastructure software companies. More specifically, the investment bank placed these two companies in the "data" sub-segment of the infrastructure software sector alongside other listed companies like Splunk (SPLK) and Alteryx (AYX), among others.</p><p><b>Harris Williams'Definition Of The Data Sub-Segment Of The Infrastructure Software Sector</b></p><p><img src=\"https://static.tigerbbs.com/95d28544977ca9c17ef60304a8f96c55\" tg-width=\"474\" tg-height=\"280\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Harris Williams</p><p>In a blog post published on November 11, 2020, Palantir describes itself as a "software company" which builds "digital infrastructure for data-driven operations." This provides support for Harris Williams' categorization of PLTR as an infrastructure company that belongs in the data sub-category.</p><p>In summary, both companies operate in the infrastructure software market. This is also where the similarities between PLTR and SNOW end, as I highlight in the next section.</p><p>How Do Snowflake And Palantir Differ?</p><p>Referring to PLTR's November 2020 blog post (which I referred to in the preceding section) again, Palantir mentioned that it plays the role of "data processor." PLTR emphasized that its platforms "allow organizations to better manage" data "by bringing the right data to the people" and enabling "them to take data-driven decisions" and "conduct sophisticated analytic."</p><p>In contrast, Snowflake's cloud data platform, known as Data Cloud, is mainly focused on data warehousing and data sharing; and it partners with other companies to offer solutions such as data analytics to its clients, as per the chart below.</p><p><b>SNOW's Data Cloud Platform And Partnerships With Other Data Analytics Companies</b></p><p><img src=\"https://static.tigerbbs.com/2ced24e78a2353a0f9f8a45e9fab883b\" tg-width=\"640\" tg-height=\"314\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Snowflake</p><p>I touch on the two companies' growth prospects in the long run in the next section.</p><p>What Are Snowflake And Palantir's Long-Term Outlooks?</p><p>Both Snowflake and Palantir have long growth runways.</p><p>Interactive Data Trends (IDC) has forecast that new data created will expand at a CAGR of +23%, from 64.1ZB in 2020 to 175ZB in 2025, according to January 31, 2022, article published in <i>CDO Trends</i>. As more data gets created, it is natural that this will boost demand for data warehousing, sharing, processing, and analytics going forward. This will be positive for both PLTR and SNOW.</p><p>PLTR and SNOW are expected to deliver robust top-line growth and profit margin expansion over the next few years. Snowflake will grow its revenue at a faster pace compared with Palantir, but the former's profitability will still be inferior to that of the latter.</p><p>According to consensus sell-side financial estimates sourced from<i>S&P Capital IQ</i>, Snowflake's sales are forecasted to increase by a forward four-year CAGR of +57.0%. Over the same period, Palantir's top line is predicted to grow by a slower CAGR of +34.5%, which is still pretty decent. In terms of profitability, Wall Street expects PLTR's normalized net profit margin to widen from 20.0% in 2021 to 26.8% by 2025. In comparison, SNOW's normalized net profit margin is forecasted to improve from 0.3% in fiscal 2022 (YE January 31 or approximating calendar year 2021) to 9.1% in FY 2026.</p><p>SNOW is a pioneer and leading player in the cloud data warehousing space, which explains its strong revenue growth. But Snowflake's profit margins are low on an absolute basis and inferior to that of PLTR as well. A key factor contributing to Snowflake's modest profitability is the company's dependence on third-party vendors such as Microsoft's (MSFT) Azure and Amazon's (AMZN) AWS. In my July 20, 2021,article for SNOW, I noted that the company's key suppliers of public cloud services are also the company's competitors and "have a big impact on Snowflake's path to profitability." This is the most significant downside risk for SNOW.</p><p>On the other hand, a key concern for Palantir has been its reliance on government organizations. This implies that the company's revenue can be negatively impacted when the government's budget shrinks. But there have been encouraging signs with respect to client (commercial customers versus government clients) diversification in recent quarters. PTLR's commercial segment has been rapidly growing in recent quarters, as its commercial revenue growth went from +28% YOY and +37% YOY in Q2 2021 and Q3 2021, respectively, to +47% YOY in Q4 2021.</p><p>In comparison, Palantir's government revenue increased by a slower +26% YOY in the fourth quarter of last year. Also, as I mentioned in an earlier section of my article, Palantir has invested significantly in commercial sales headcount so as to further support the growth of the commercial segment.</p><p>In a nutshell, both companies' long-term outlooks are decent. But PLTR has struck a better balance between top-line growth and profitability compared with SNOW, as evidenced by the consensus financial forecasts.</p><p>Is SNOW Or PLTR Stock A Better Buy?</p><p>PLTR stock is a better buy. Palantir boasts superior profit margins, and Snowflake is growing its top line at a much faster pace. But the gap in valuations between the two is huge; PLTR and SNOW are valued by the market at consensus forward next twelve months' Enterprise Value-to-Revenue multiples of 11.9 times and 30.7 times, respectively, according to<i>S&P Capital IQ</i>. Taking into account the difference in the two companies' valuations and future financial forecasts, I view Palantir as the more appealing investment candidate of the two.</p></body></html>","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>Palantir Vs. Snowflake Stock: Which Is The Better Buy?</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\">\nPalantir Vs. Snowflake Stock: Which Is The Better Buy?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-04-09 10:00 GMT+8 <a href=https://seekingalpha.com/article/4500463-palantir-vs-snowflake-stock-better-buy><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryPalantir's and Snowflake's shares performed badly in 2022 year-to-date, as technology stocks fell out of favor with investors and both companies' forward-looking guidance disappointed the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4500463-palantir-vs-snowflake-stock-better-buy\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4500463-palantir-vs-snowflake-stock-better-buy","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179777825","content_text":"SummaryPalantir's and Snowflake's shares performed badly in 2022 year-to-date, as technology stocks fell out of favor with investors and both companies' forward-looking guidance disappointed the market.The long-term outlook for both SNOW and PLTR is good, considering the growth in new data creation and the expected revenue increase and profit margin expansion for the two companies.Palantir is the more attractive Buy of the two stocks, taking into account both valuations and key risk factors.Elevator PitchPalantir Technologies Inc. (NYSE:PLTR) is a better buy compared with Snowflake Inc. (SNOW). I prefer PLTR over SNOW because the former has maintained a good balance between revenue growth and profit margins. Palantir is expected to grow its top line by more than +30% every year going forward, while still delivering normalized net profit margins of above +20% in the future. In comparison, Snowflake's top line growth expectations are better, but it is relatively less profitable. More importantly, Palantir is much cheaper than Snowflake based on the forward Enterprise Value-to-Revenue metric.How Are SNOW And PLTR's Stock Performance?The year-to-date stock price performance of SNOW and PLTR have been poor on both an absolute and relative basis.Snowflake's And Palantir's 2022 Year-To-Date Share Price PerformanceSeeking AlphaThe shares of Palantir and Snowflake were down by -29.5% and -37.4%, respectively, so far this year. During the same period, the S&P 500 declined by a relatively modest -5.2%. Both SNOW and PLTR saw their shares fall the most around mid-March 2022. March 11, 2022, Seeking Alpha Newsarticlehighlighted that \"Snowflake shares fell sharply\" on the day alongside \"several other cloud-related stocks, as investors continued to shun technology stocks.\"Apart from weak investor sentiment, which has hurt the share price performance of technology stocks in general, there are also company-specific headwinds relating to Snowflake and Palantir, which I detail in the next section.SNOW And PLTR Stock Key MetricsBoth SNOW's and PLTR's forward-looking guidance disappointed the market. This was a key factor that led to the sell-down in their shares in 2022 year-to-date.Starting with Palantir, the company released the company's Q4 2021 financial results in a media release issued on February 17, 2022, before the market opened. PLTR's shares subsequently fell by -16% to close at $11.77 on the day of the earnings release. Palantir has yet to fully recover from its post-results announcement correction, as its last closing share price of $12.84 as of April 7, 2022, was still -8% below its pre-results stock price of $13.97 (closing price on February 16th).PLTR's top line expanded by +34% YOY to $433 million in the fourth quarter of 2021. This was+4%above what the market had expected. The company's robust revenue growth was driven by a +71% YOY increase in the number of customers, from 139 as of December 31, 2020, to 237 as of year-end 2021, as per its recent quarterly results presentation. Palantir grew its client base much faster than what Wall Street was expecting; the sell-side's consensus 2021 year-end estimate was 219 clients, according toS&P Capital IQ.However, Palantir's non-GAAP adjusted earnings per share contracted from $0.03 in Q4 2020 to $0.02 in Q4 2021. More significantly, PLTR's fourth quarter bottom line was approximately-44%below the market consensus EPS forecast. Palantir's total adjusted costs (excluding stock-based compensation) rose by +42% YOY to $309 million in the most recent quarter. This was largely attributable to a substantial jump in commercial sales headcount, from 12 as of end-2020 to 80 as of December 31, 2021, as indicated in PLTR's Q4 2021 results presentation.Looking forward, PLTR's revenue guidance was encouraging. As per its Q4 2021 earnings press release, Palantir guided for Q1 2022 revenue of $443 million (implying +30% YOY top line expansion) and \"annual revenue growth of 30% or greater through 2025.\"However, Palantir's near-term profitability guidance didn't meet market expectations. The company expects to achieve a non-GAAP adjusted operating profit margin of 23% in the first quarter of this year, which is much lower than Wall Street's consensus Q1 2022 operating margin estimate of 28%, as perS&P Capital IQ. At the Morgan Stanley(MS)Technology, Media & Telecom Conference on March 9, 2022, PLTR explained that \"the investments in the product\" in 2021 \"drove more improvement faster than we actually thought they might,\" and the company is \"giving ourselves a little space there to invest as aggressively as possible.\"Moving on to Snowflake, its Q4 2021 revenue of $360 million beat the sell-side consensus by+3%, and this represented a +102% YOY growth. But SNOW's shares still dropped by -15%, from a $264.69 close on March 2, 2022, to $224.02 on March 3, 2022 (post-earnings release). In the next one month or so, Snowflake's stock price declined further, closing at $213.88 as of April 7, 2022.SNOW's shares performed poorly because investors were unsatisfied with the company's fiscal 2023 (YE January 31) revenue growth guidance. Based on the midpoint of Snowflake's management, the company expected its revenue to increase by +66% in FY 2023. This implied a substantial slowdown in SNOW's top line expansion, as the company's sales grew by +106% in fiscal 2022.Snowflake attributed the weaker-than-expected revenue growth guidance for FY 2023 to platform performance improvements, which will provide more value to its clients. SNOW acknowledged at the Morgan Stanley Technology, Media & Telecom Conference on March 8, 2022, that \"every performance improvement we do, we may have a revenue hit,\" but it stressed that \"those customers are consuming more\" in around half a year's time.In the subsequent two sections of the article, I will touch on the similarities and the differences between Palantir and Snowflake.Do Snowflake And Palantir Share The Same Market?Snowflake and Palantir do share the same market to a large extent.A December 2020research report published by Harris Williams classified both PLTR and SNOW as infrastructure software companies. More specifically, the investment bank placed these two companies in the \"data\" sub-segment of the infrastructure software sector alongside other listed companies like Splunk (SPLK) and Alteryx (AYX), among others.Harris Williams'Definition Of The Data Sub-Segment Of The Infrastructure Software SectorHarris WilliamsIn a blog post published on November 11, 2020, Palantir describes itself as a \"software company\" which builds \"digital infrastructure for data-driven operations.\" This provides support for Harris Williams' categorization of PLTR as an infrastructure company that belongs in the data sub-category.In summary, both companies operate in the infrastructure software market. This is also where the similarities between PLTR and SNOW end, as I highlight in the next section.How Do Snowflake And Palantir Differ?Referring to PLTR's November 2020 blog post (which I referred to in the preceding section) again, Palantir mentioned that it plays the role of \"data processor.\" PLTR emphasized that its platforms \"allow organizations to better manage\" data \"by bringing the right data to the people\" and enabling \"them to take data-driven decisions\" and \"conduct sophisticated analytic.\"In contrast, Snowflake's cloud data platform, known as Data Cloud, is mainly focused on data warehousing and data sharing; and it partners with other companies to offer solutions such as data analytics to its clients, as per the chart below.SNOW's Data Cloud Platform And Partnerships With Other Data Analytics CompaniesSnowflakeI touch on the two companies' growth prospects in the long run in the next section.What Are Snowflake And Palantir's Long-Term Outlooks?Both Snowflake and Palantir have long growth runways.Interactive Data Trends (IDC) has forecast that new data created will expand at a CAGR of +23%, from 64.1ZB in 2020 to 175ZB in 2025, according to January 31, 2022, article published in CDO Trends. As more data gets created, it is natural that this will boost demand for data warehousing, sharing, processing, and analytics going forward. This will be positive for both PLTR and SNOW.PLTR and SNOW are expected to deliver robust top-line growth and profit margin expansion over the next few years. Snowflake will grow its revenue at a faster pace compared with Palantir, but the former's profitability will still be inferior to that of the latter.According to consensus sell-side financial estimates sourced fromS&P Capital IQ, Snowflake's sales are forecasted to increase by a forward four-year CAGR of +57.0%. Over the same period, Palantir's top line is predicted to grow by a slower CAGR of +34.5%, which is still pretty decent. In terms of profitability, Wall Street expects PLTR's normalized net profit margin to widen from 20.0% in 2021 to 26.8% by 2025. In comparison, SNOW's normalized net profit margin is forecasted to improve from 0.3% in fiscal 2022 (YE January 31 or approximating calendar year 2021) to 9.1% in FY 2026.SNOW is a pioneer and leading player in the cloud data warehousing space, which explains its strong revenue growth. But Snowflake's profit margins are low on an absolute basis and inferior to that of PLTR as well. A key factor contributing to Snowflake's modest profitability is the company's dependence on third-party vendors such as Microsoft's (MSFT) Azure and Amazon's (AMZN) AWS. In my July 20, 2021,article for SNOW, I noted that the company's key suppliers of public cloud services are also the company's competitors and \"have a big impact on Snowflake's path to profitability.\" This is the most significant downside risk for SNOW.On the other hand, a key concern for Palantir has been its reliance on government organizations. This implies that the company's revenue can be negatively impacted when the government's budget shrinks. But there have been encouraging signs with respect to client (commercial customers versus government clients) diversification in recent quarters. PTLR's commercial segment has been rapidly growing in recent quarters, as its commercial revenue growth went from +28% YOY and +37% YOY in Q2 2021 and Q3 2021, respectively, to +47% YOY in Q4 2021.In comparison, Palantir's government revenue increased by a slower +26% YOY in the fourth quarter of last year. Also, as I mentioned in an earlier section of my article, Palantir has invested significantly in commercial sales headcount so as to further support the growth of the commercial segment.In a nutshell, both companies' long-term outlooks are decent. But PLTR has struck a better balance between top-line growth and profitability compared with SNOW, as evidenced by the consensus financial forecasts.Is SNOW Or PLTR Stock A Better Buy?PLTR stock is a better buy. Palantir boasts superior profit margins, and Snowflake is growing its top line at a much faster pace. But the gap in valuations between the two is huge; PLTR and SNOW are valued by the market at consensus forward next twelve months' Enterprise Value-to-Revenue multiples of 11.9 times and 30.7 times, respectively, according toS&P Capital IQ. Taking into account the difference in the two companies' valuations and future financial forecasts, I view Palantir as the more appealing investment candidate of the two.","news_type":1,"symbols_score_info":{"PLTR":0.9,"SNOW":0.9}},"isVote":1,"tweetType":1,"viewCount":1302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013082314,"gmtCreate":1648653449476,"gmtModify":1676534372361,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013082314","repostId":"1180373602","repostType":4,"repost":{"id":"1180373602","kind":"news","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":1648653027,"share":"https://ttm.financial/m/news/1180373602?lang=&edition=fundamental","pubTime":"2022-03-30 23:10","market":"us","language":"en","title":"U.S. Probe of Google Maps Picks up Speed - Sources","url":"https://stock-news.laohu8.com/highlight/detail?id=1180373602","media":"Reuters","summary":"WASHINGTON, March 30 (Reuters) - The U.S. Justice Department has breathed new life into an investiga","content":"<html><head></head><body><p>WASHINGTON, March 30 (Reuters) - The U.S. Justice Department has breathed new life into an investigation of Google Maps to determine if bundling the service together with other Google software illegally stifles competition, according to two sources familiar with the matter.</p><p>The probe of the Alphabet Inc unit first came to light in late 2020 and had been quiet until recent months when investigators again began making inquiries, the sources said.</p><p>Google said it cooperates with regulators and welcomes their questions. The Justice Department declined comment.</p><p>The probe has two components.</p><p>One part focuses on apps, including for navigation, that are provided through infotainment screens in vehicles. In its Google Automotive Services package for automakers, the search company bundles together Maps, the Google Play app store, Google Assistant and other services. Car companies are prevented from, for example, mixing Google Maps with voice assistants developed by smaller rivals, one source said.</p><p>In response, Google said the integration provides the best user experience, and that in some instances a rival voice assistant can function with Google Maps.</p><p>The other component focuses on app and website developers. Specifically, the department is looking at Google's requirement that if a website or app uses one Google technology, say Google's location search, the website or app developer cannot use maps or other technologies developed by Google’s rivals, the two sources said.</p><p>A congressional antitrust panel concluded in a Big Tech staff report issued in 2020 that Google "enforces this provision aggressively" and effectively forces developers "to choose whether they will use all of Google's mapping services or none of them."</p><p>Google said its policies are aimed at preventing poor experiences, noting that mixing a Google Map with information on another map could lead to errors. The policies also stem from restrictions that partners place on how Google can use their data, it said.</p><p>The policies have some exceptions, and Google added that developers "are also free to use other mapping services in addition to Google Maps Platform – and many do."</p><p><b>MONEY AND DATA AT STAKE</b></p><p>Two developers have told Reuters over the past year that they received violation notices from Google in recent years after mixing data from the company's services with maps from other providers. The developers said the competing options were less expensive or more detailed than Google Maps in some cases.</p><p>The developers, speaking on the condition of anonymity due to fear of retaliation by Google, also have expressed concern about the company's new privacy options for users of its Android mobile operating system that could limit data collection by rival mapping providers.</p><p>At stake are money and data, including about places and people's interests. Google does not separately disclose sales from licensing the map-related tools. But Google over the years has hiked mapping fees and tied the business to its Cloud unit, whose sales growth is of keen interest to investors.</p><p>In addition, the enduring use of Google's mapping services enables the company to collect more data to maintain its dominance over competing options.</p><p>Tying products together is not always illegal but antitrust enforcers have stepped in when such bundling does not benefit consumers.</p><p>In 1998, the government sued Microsoft Corp for allegedly breaking antitrust law by tying its operating system monopoly to Internet Explorer to crush rival browser Netscape.</p><p>There is no sign that the department's staff investigating Google Maps have recommended whether to sue, one of the sources said.</p><p>Google already is fighting a lawsuit the department filed in 2020, accusing it of breaking antitrust law to maintain its dominance of search and search advertising. It goes to trial in 2023.</p><p>A lawsuit against Google over its dominance of the online advertising business has long been expected to follow.That probe is further along than the one into the maps business, one source said.</p><p>The antitrust enforcer could be hampered in wrapping up the long-running probes because it has been swamped by an unusually large number of merger reviews and merger-related trials. A merger trial is expected in April and two more are expected in August.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Probe of Google Maps Picks up Speed - Sources</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Probe of Google Maps Picks up Speed - Sources\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\">2022-03-30 23:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, March 30 (Reuters) - The U.S. Justice Department has breathed new life into an investigation of Google Maps to determine if bundling the service together with other Google software illegally stifles competition, according to two sources familiar with the matter.</p><p>The probe of the Alphabet Inc unit first came to light in late 2020 and had been quiet until recent months when investigators again began making inquiries, the sources said.</p><p>Google said it cooperates with regulators and welcomes their questions. The Justice Department declined comment.</p><p>The probe has two components.</p><p>One part focuses on apps, including for navigation, that are provided through infotainment screens in vehicles. In its Google Automotive Services package for automakers, the search company bundles together Maps, the Google Play app store, Google Assistant and other services. Car companies are prevented from, for example, mixing Google Maps with voice assistants developed by smaller rivals, one source said.</p><p>In response, Google said the integration provides the best user experience, and that in some instances a rival voice assistant can function with Google Maps.</p><p>The other component focuses on app and website developers. Specifically, the department is looking at Google's requirement that if a website or app uses one Google technology, say Google's location search, the website or app developer cannot use maps or other technologies developed by Google’s rivals, the two sources said.</p><p>A congressional antitrust panel concluded in a Big Tech staff report issued in 2020 that Google "enforces this provision aggressively" and effectively forces developers "to choose whether they will use all of Google's mapping services or none of them."</p><p>Google said its policies are aimed at preventing poor experiences, noting that mixing a Google Map with information on another map could lead to errors. The policies also stem from restrictions that partners place on how Google can use their data, it said.</p><p>The policies have some exceptions, and Google added that developers "are also free to use other mapping services in addition to Google Maps Platform – and many do."</p><p><b>MONEY AND DATA AT STAKE</b></p><p>Two developers have told Reuters over the past year that they received violation notices from Google in recent years after mixing data from the company's services with maps from other providers. The developers said the competing options were less expensive or more detailed than Google Maps in some cases.</p><p>The developers, speaking on the condition of anonymity due to fear of retaliation by Google, also have expressed concern about the company's new privacy options for users of its Android mobile operating system that could limit data collection by rival mapping providers.</p><p>At stake are money and data, including about places and people's interests. Google does not separately disclose sales from licensing the map-related tools. But Google over the years has hiked mapping fees and tied the business to its Cloud unit, whose sales growth is of keen interest to investors.</p><p>In addition, the enduring use of Google's mapping services enables the company to collect more data to maintain its dominance over competing options.</p><p>Tying products together is not always illegal but antitrust enforcers have stepped in when such bundling does not benefit consumers.</p><p>In 1998, the government sued Microsoft Corp for allegedly breaking antitrust law by tying its operating system monopoly to Internet Explorer to crush rival browser Netscape.</p><p>There is no sign that the department's staff investigating Google Maps have recommended whether to sue, one of the sources said.</p><p>Google already is fighting a lawsuit the department filed in 2020, accusing it of breaking antitrust law to maintain its dominance of search and search advertising. It goes to trial in 2023.</p><p>A lawsuit against Google over its dominance of the online advertising business has long been expected to follow.That probe is further along than the one into the maps business, one source said.</p><p>The antitrust enforcer could be hampered in wrapping up the long-running probes because it has been swamped by an unusually large number of merger reviews and merger-related trials. A merger trial is expected in April and two more are expected in August.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180373602","content_text":"WASHINGTON, March 30 (Reuters) - The U.S. Justice Department has breathed new life into an investigation of Google Maps to determine if bundling the service together with other Google software illegally stifles competition, according to two sources familiar with the matter.The probe of the Alphabet Inc unit first came to light in late 2020 and had been quiet until recent months when investigators again began making inquiries, the sources said.Google said it cooperates with regulators and welcomes their questions. The Justice Department declined comment.The probe has two components.One part focuses on apps, including for navigation, that are provided through infotainment screens in vehicles. In its Google Automotive Services package for automakers, the search company bundles together Maps, the Google Play app store, Google Assistant and other services. Car companies are prevented from, for example, mixing Google Maps with voice assistants developed by smaller rivals, one source said.In response, Google said the integration provides the best user experience, and that in some instances a rival voice assistant can function with Google Maps.The other component focuses on app and website developers. Specifically, the department is looking at Google's requirement that if a website or app uses one Google technology, say Google's location search, the website or app developer cannot use maps or other technologies developed by Google’s rivals, the two sources said.A congressional antitrust panel concluded in a Big Tech staff report issued in 2020 that Google \"enforces this provision aggressively\" and effectively forces developers \"to choose whether they will use all of Google's mapping services or none of them.\"Google said its policies are aimed at preventing poor experiences, noting that mixing a Google Map with information on another map could lead to errors. The policies also stem from restrictions that partners place on how Google can use their data, it said.The policies have some exceptions, and Google added that developers \"are also free to use other mapping services in addition to Google Maps Platform – and many do.\"MONEY AND DATA AT STAKETwo developers have told Reuters over the past year that they received violation notices from Google in recent years after mixing data from the company's services with maps from other providers. The developers said the competing options were less expensive or more detailed than Google Maps in some cases.The developers, speaking on the condition of anonymity due to fear of retaliation by Google, also have expressed concern about the company's new privacy options for users of its Android mobile operating system that could limit data collection by rival mapping providers.At stake are money and data, including about places and people's interests. Google does not separately disclose sales from licensing the map-related tools. But Google over the years has hiked mapping fees and tied the business to its Cloud unit, whose sales growth is of keen interest to investors.In addition, the enduring use of Google's mapping services enables the company to collect more data to maintain its dominance over competing options.Tying products together is not always illegal but antitrust enforcers have stepped in when such bundling does not benefit consumers.In 1998, the government sued Microsoft Corp for allegedly breaking antitrust law by tying its operating system monopoly to Internet Explorer to crush rival browser Netscape.There is no sign that the department's staff investigating Google Maps have recommended whether to sue, one of the sources said.Google already is fighting a lawsuit the department filed in 2020, accusing it of breaking antitrust law to maintain its dominance of search and search advertising. It goes to trial in 2023.A lawsuit against Google over its dominance of the online advertising business has long been expected to follow.That probe is further along than the one into the maps business, one source said.The antitrust enforcer could be hampered in wrapping up the long-running probes because it has been swamped by an unusually large number of merger reviews and merger-related trials. A merger trial is expected in April and two more are expected in August.","news_type":1,"symbols_score_info":{"GOOG":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":2048,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9013086483,"gmtCreate":1648653417793,"gmtModify":1676534372336,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9013086483","repostId":"1119843668","repostType":4,"repost":{"id":"1119843668","kind":"news","pubTimestamp":1648646522,"share":"https://ttm.financial/m/news/1119843668?lang=&edition=fundamental","pubTime":"2022-03-30 21:22","market":"us","language":"en","title":"Apple Stock: One Good Day Away From $3 Trillion","url":"https://stock-news.laohu8.com/highlight/detail?id=1119843668","media":"TheStreet","summary":"After struggling through nearly all of 2022, Apple stock is suddenly within striking distance of the","content":"<html><head></head><body><p>After struggling through nearly all of 2022, Apple stock is suddenly within striking distance of the $3 trillion market cap. Here’s what could send AAPL past the milestone.</p><p>The 2022 selloff in Apple stock may finally be over. After stringing together 11 consecutive trading days of gains, the Cupertino company’s equity is within striking distance of being valued at $3 trillion once again.</p><p>Below, we discuss how far AAPL currently is from the milestone. We also present the potential near-term catalysts that could take Apple stock to all-time highs very soon.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/88d71f381c4db9400d5fc2676750c6db\" tg-width=\"1240\" tg-height=\"821\" width=\"100%\" height=\"auto\"/><span>Figure 1: Apple Stock: One Good Day Away From $3 Trillion.</span></p><p><b>AAPL: the road to $3 trillion</b></p><p>I have recently estimated that Apple will likely have 16.4 billion diluted shares outstanding at the end of the current quarter, which is only a couple of days away. This being the case, a share price of $183 would be enough to value AAPL at $3 trillion.</p><p>To get to these levels from the current intraday share price of $178, Apple stock would need to climb a mere 2.8%. For instance, shares jumped 3% on March 15 alone. Therefore, the stock could be only one good day of solid gains away from the key market cap figure.</p><p><b>The key short-term catalysts</b></p><p>It is a near certainty that Apple will only be able to reach a $3 trillion market cap soon if the broad market continues to find support. After entering correction territory earlier in 2022, the S&P 500 (SPY) has been rebounding strongly.</p><p>There are a few factors that could push the entire stock market higher from here:</p><ol><li>The conflict in Ukraine takes a turn for the better (i.e., it head towards resolution);</li><li>Crude oil prices continue to dip from the recent highs;</li><li>Inflation plateaus at around 7% to 9% and begins to moderate;</li><li>The Fed delivers the rate hikes that the market expects — not much more or less;</li><li>The US economy continues to show signs of strength;</li><li>Investors grow more confident that valuations have become attractive.</li></ol><p>A few company-specific catalysts could also play a role here. The most important, by far, is calendar Q1 earnings season, which is set to kick off in only a couple of weeks. Apple’s earnings day is likely four to five weeks away.</p><p>Keep in mind that Apple will start to face eye-popping comps in the current quarter. For instance, iPhone revenue growth this time last year reached an impressive 65%, for a two-year stacked annualized rate of 24%. Can the Cupertino company top that in fiscal 2022?</p><p>Regardless of headline numbers, it will be interesting to hear from CEO Tim Cook and team on a number of topics that could be bullish for AAPL stock. Among them:</p><ol><li>Are the supply chain constraints starting to ease?</li><li>How have consumers received the most recent product launches?</li><li>Is the recent Academy Awards win fueling demand for Apple’s services?</li></ol><p><b>The bad news</b></p><p>Things are definitely starting to look better for Apple stock and its investors. However, the good news (i.e. the recent share price rally) comes alongside bad news for those who chose not to buy AAPL when the price was more attractive, a mere couple of weeks ago.</p><p>I have stated repeatedly that buying Apple stock on the dip has historically proven to be the best decision. Unfortunately, the opportunity that stayed on the table for most of 2022 is no longer.</p><p>At only about 2% to 3% below all-time highs, investors that buy AAPL now must be comfortable with the idea of jumping in near a historical peak.</p></body></html>","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>Apple Stock: One Good Day Away From $3 Trillion</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\">\nApple Stock: One Good Day Away From $3 Trillion\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-30 21:22 GMT+8 <a href=https://www.thestreet.com/apple/stock/apple-stock-one-good-day-away-from-3-trillion><strong>TheStreet</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After struggling through nearly all of 2022, Apple stock is suddenly within striking distance of the $3 trillion market cap. Here’s what could send AAPL past the milestone.The 2022 selloff in Apple ...</p>\n\n<a href=\"https://www.thestreet.com/apple/stock/apple-stock-one-good-day-away-from-3-trillion\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果"},"source_url":"https://www.thestreet.com/apple/stock/apple-stock-one-good-day-away-from-3-trillion","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119843668","content_text":"After struggling through nearly all of 2022, Apple stock is suddenly within striking distance of the $3 trillion market cap. Here’s what could send AAPL past the milestone.The 2022 selloff in Apple stock may finally be over. After stringing together 11 consecutive trading days of gains, the Cupertino company’s equity is within striking distance of being valued at $3 trillion once again.Below, we discuss how far AAPL currently is from the milestone. We also present the potential near-term catalysts that could take Apple stock to all-time highs very soon.Figure 1: Apple Stock: One Good Day Away From $3 Trillion.AAPL: the road to $3 trillionI have recently estimated that Apple will likely have 16.4 billion diluted shares outstanding at the end of the current quarter, which is only a couple of days away. This being the case, a share price of $183 would be enough to value AAPL at $3 trillion.To get to these levels from the current intraday share price of $178, Apple stock would need to climb a mere 2.8%. For instance, shares jumped 3% on March 15 alone. Therefore, the stock could be only one good day of solid gains away from the key market cap figure.The key short-term catalystsIt is a near certainty that Apple will only be able to reach a $3 trillion market cap soon if the broad market continues to find support. After entering correction territory earlier in 2022, the S&P 500 (SPY) has been rebounding strongly.There are a few factors that could push the entire stock market higher from here:The conflict in Ukraine takes a turn for the better (i.e., it head towards resolution);Crude oil prices continue to dip from the recent highs;Inflation plateaus at around 7% to 9% and begins to moderate;The Fed delivers the rate hikes that the market expects — not much more or less;The US economy continues to show signs of strength;Investors grow more confident that valuations have become attractive.A few company-specific catalysts could also play a role here. The most important, by far, is calendar Q1 earnings season, which is set to kick off in only a couple of weeks. Apple’s earnings day is likely four to five weeks away.Keep in mind that Apple will start to face eye-popping comps in the current quarter. For instance, iPhone revenue growth this time last year reached an impressive 65%, for a two-year stacked annualized rate of 24%. Can the Cupertino company top that in fiscal 2022?Regardless of headline numbers, it will be interesting to hear from CEO Tim Cook and team on a number of topics that could be bullish for AAPL stock. Among them:Are the supply chain constraints starting to ease?How have consumers received the most recent product launches?Is the recent Academy Awards win fueling demand for Apple’s services?The bad newsThings are definitely starting to look better for Apple stock and its investors. However, the good news (i.e. the recent share price rally) comes alongside bad news for those who chose not to buy AAPL when the price was more attractive, a mere couple of weeks ago.I have stated repeatedly that buying Apple stock on the dip has historically proven to be the best decision. Unfortunately, the opportunity that stayed on the table for most of 2022 is no longer.At only about 2% to 3% below all-time highs, investors that buy AAPL now must be comfortable with the idea of jumping in near a historical peak.","news_type":1,"symbols_score_info":{"AAPL":0.9}},"isVote":1,"tweetType":1,"viewCount":2868,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":882707956,"gmtCreate":1631718357075,"gmtModify":1676530618064,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"High risk","listText":"High risk","text":"High risk","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/882707956","repostId":"2167598800","repostType":4,"isVote":1,"tweetType":1,"viewCount":2921,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803980920,"gmtCreate":1627400845360,"gmtModify":1703489313502,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"IWDA","listText":"IWDA","text":"IWDA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/803980920","repostId":"2154199069","repostType":4,"repost":{"id":"2154199069","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":1627399038,"share":"https://ttm.financial/m/news/2154199069?lang=&edition=fundamental","pubTime":"2021-07-27 23:17","market":"us","language":"en","title":"Global ETFs draw record inflows in first half of 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2154199069","media":"Reuters","summary":"July 27 (Reuters) - Global exchange-traded funds (ETFs) have attracted record investments this year,","content":"<p>July 27 (Reuters) - Global exchange-traded funds (ETFs) have attracted record investments this year, driven by a rally in equities, low interest rates and ample cheap cash.</p>\n<p>According to Refinitiv data, global ETFs received a combined inflow of $639.8 billion in the first half of this year, more than double the same period last year.</p>\n<p>Equity ETFs secured $490.65 billion or 76% of the total inflows, while bond ETFs received $136.6 billion.</p>\n<p>Analysts said the rising interest in ETFs was due to their better tax efficiency, transparency and higher returns over actively managed mutual funds.</p>\n<p>Global mutual funds saw a combined inflow of $922 billion in the first half of the year, which was just a 2% increase.</p>\n<p>\"ETFs have become the investment vehicle of choice for a larger number of investors. They faced their toughest test ever in early 2020 and passed with flying colors,\" said Ben Johnson, director of global ETF research at Morningstar, based in Chicago.</p>\n<p>\"Investors who might have been concerned about how ETFs would hold up during stress periods may have become new ETF converts over the past year or so.\"</p>\n<p>The data showed U.S. ETFs attracted the bulk of the money, with inflows of $469.3 billion, while European and Asian ETFs received $106.8 billion and $38.3 billion respectively.</p>\n<p>Some analysts said the bigger inflows into the United States was due to better economic recovery hopes, with more people vaccinated in the United States compared with other regions.</p>\n<p>The success of ETFs has also prompted fund houses to launch more ETFs this year and some to convert their existing mutual funds into ETFs.</p>\n<p>According to Refinitiv data, 709 ETFs have been launched so far this year, compared with just 428 in the same period in 2020.</p>\n<p>Last month, Dimensional Fund converted four of its mutual funds into ETFs, while Guinness Atkinson Funds turned two of its funds into ETFs in March.</p>\n<p>Active ETFs, which aim to beat the broader index unlike passive ETFs which follow the index, secured $65.4 billion worth of inflows in the first half, a 161% rise from last year.</p>\n<p>\"Active ETFs have been taking advantage of investors' desire to better slice and dice the market place into subsectors that have appeal,\" said Elliot Herman, chief investment officer at PRW Wealth Management, based in Massachusetts.</p>\n<p>\"Examples include innovation, cannabis, ESG (environmental, social and governance), and many others.\"</p>\n<p>The Vanguard 500 Index Fund and Vanguard Total Stock Market Index Fund led this year's ETF inflows, receiving over $20 billion in the first half of this year. The <a href=\"https://laohu8.com/S/EEME\">iShares</a> Core S&P 500 ETF secured inflows worth a net $12.6 billion.</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>Global ETFs draw record inflows in first half of 2021</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\">\nGlobal ETFs draw record inflows in first half of 2021\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\">2021-07-27 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 27 (Reuters) - Global exchange-traded funds (ETFs) have attracted record investments this year, driven by a rally in equities, low interest rates and ample cheap cash.</p>\n<p>According to Refinitiv data, global ETFs received a combined inflow of $639.8 billion in the first half of this year, more than double the same period last year.</p>\n<p>Equity ETFs secured $490.65 billion or 76% of the total inflows, while bond ETFs received $136.6 billion.</p>\n<p>Analysts said the rising interest in ETFs was due to their better tax efficiency, transparency and higher returns over actively managed mutual funds.</p>\n<p>Global mutual funds saw a combined inflow of $922 billion in the first half of the year, which was just a 2% increase.</p>\n<p>\"ETFs have become the investment vehicle of choice for a larger number of investors. They faced their toughest test ever in early 2020 and passed with flying colors,\" said Ben Johnson, director of global ETF research at Morningstar, based in Chicago.</p>\n<p>\"Investors who might have been concerned about how ETFs would hold up during stress periods may have become new ETF converts over the past year or so.\"</p>\n<p>The data showed U.S. ETFs attracted the bulk of the money, with inflows of $469.3 billion, while European and Asian ETFs received $106.8 billion and $38.3 billion respectively.</p>\n<p>Some analysts said the bigger inflows into the United States was due to better economic recovery hopes, with more people vaccinated in the United States compared with other regions.</p>\n<p>The success of ETFs has also prompted fund houses to launch more ETFs this year and some to convert their existing mutual funds into ETFs.</p>\n<p>According to Refinitiv data, 709 ETFs have been launched so far this year, compared with just 428 in the same period in 2020.</p>\n<p>Last month, Dimensional Fund converted four of its mutual funds into ETFs, while Guinness Atkinson Funds turned two of its funds into ETFs in March.</p>\n<p>Active ETFs, which aim to beat the broader index unlike passive ETFs which follow the index, secured $65.4 billion worth of inflows in the first half, a 161% rise from last year.</p>\n<p>\"Active ETFs have been taking advantage of investors' desire to better slice and dice the market place into subsectors that have appeal,\" said Elliot Herman, chief investment officer at PRW Wealth Management, based in Massachusetts.</p>\n<p>\"Examples include innovation, cannabis, ESG (environmental, social and governance), and many others.\"</p>\n<p>The Vanguard 500 Index Fund and Vanguard Total Stock Market Index Fund led this year's ETF inflows, receiving over $20 billion in the first half of this year. The <a href=\"https://laohu8.com/S/EEME\">iShares</a> Core S&P 500 ETF secured inflows worth a net $12.6 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154199069","content_text":"July 27 (Reuters) - Global exchange-traded funds (ETFs) have attracted record investments this year, driven by a rally in equities, low interest rates and ample cheap cash.\nAccording to Refinitiv data, global ETFs received a combined inflow of $639.8 billion in the first half of this year, more than double the same period last year.\nEquity ETFs secured $490.65 billion or 76% of the total inflows, while bond ETFs received $136.6 billion.\nAnalysts said the rising interest in ETFs was due to their better tax efficiency, transparency and higher returns over actively managed mutual funds.\nGlobal mutual funds saw a combined inflow of $922 billion in the first half of the year, which was just a 2% increase.\n\"ETFs have become the investment vehicle of choice for a larger number of investors. They faced their toughest test ever in early 2020 and passed with flying colors,\" said Ben Johnson, director of global ETF research at Morningstar, based in Chicago.\n\"Investors who might have been concerned about how ETFs would hold up during stress periods may have become new ETF converts over the past year or so.\"\nThe data showed U.S. ETFs attracted the bulk of the money, with inflows of $469.3 billion, while European and Asian ETFs received $106.8 billion and $38.3 billion respectively.\nSome analysts said the bigger inflows into the United States was due to better economic recovery hopes, with more people vaccinated in the United States compared with other regions.\nThe success of ETFs has also prompted fund houses to launch more ETFs this year and some to convert their existing mutual funds into ETFs.\nAccording to Refinitiv data, 709 ETFs have been launched so far this year, compared with just 428 in the same period in 2020.\nLast month, Dimensional Fund converted four of its mutual funds into ETFs, while Guinness Atkinson Funds turned two of its funds into ETFs in March.\nActive ETFs, which aim to beat the broader index unlike passive ETFs which follow the index, secured $65.4 billion worth of inflows in the first half, a 161% rise from last year.\n\"Active ETFs have been taking advantage of investors' desire to better slice and dice the market place into subsectors that have appeal,\" said Elliot Herman, chief investment officer at PRW Wealth Management, based in Massachusetts.\n\"Examples include innovation, cannabis, ESG (environmental, social and governance), and many others.\"\nThe Vanguard 500 Index Fund and Vanguard Total Stock Market Index Fund led this year's ETF inflows, receiving over $20 billion in the first half of this year. The iShares Core S&P 500 ETF secured inflows worth a net $12.6 billion.","news_type":1,"symbols_score_info":{".DJI":0.9,".SPX":0.9,".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803917295,"gmtCreate":1627400805417,"gmtModify":1703489312838,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Go!","listText":"Go!","text":"Go!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/803917295","repostId":"1180394633","repostType":4,"isVote":1,"tweetType":1,"viewCount":2392,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":174228069,"gmtCreate":1627103391851,"gmtModify":1703484333361,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Should be good","listText":"Should be good","text":"Should be good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/174228069","repostId":"1109439356","repostType":4,"isVote":1,"tweetType":1,"viewCount":2982,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145934208,"gmtCreate":1626185679404,"gmtModify":1703755104909,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Rise","listText":"Rise","text":"Rise","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/145934208","repostId":"1142482969","repostType":4,"repost":{"id":"1142482969","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":1626183653,"share":"https://ttm.financial/m/news/1142482969?lang=&edition=fundamental","pubTime":"2021-07-13 21:40","market":"us","language":"en","title":"SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.","url":"https://stock-news.laohu8.com/highlight/detail?id=1142482969","media":"Tiger Newspress","summary":"SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition","content":"<p>SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.</p>\n<p><img src=\"https://static.tigerbbs.com/c4b85f8ad31933441326d9abac73484b\" tg-width=\"1270\" tg-height=\"600\" referrerpolicy=\"no-referrer\">Tencent’s purchase of search engine developer Sogou was approved by China’s anti-monopoly regulator, according to a statement on the website of the State Administration for Market Regulation.</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>SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.</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\">\nSOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.\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\">2021-07-13 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.</p>\n<p><img src=\"https://static.tigerbbs.com/c4b85f8ad31933441326d9abac73484b\" tg-width=\"1270\" tg-height=\"600\" referrerpolicy=\"no-referrer\">Tencent’s purchase of search engine developer Sogou was approved by China’s anti-monopoly regulator, according to a statement on the website of the State Administration for Market Regulation.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"00700":"腾讯控股","SOGO":"搜狗","SOHU":"搜狐"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1142482969","content_text":"SOHU shares surges 20% in early trading,as official approval for a Tencent Holdings Ltd. acquisition.\nTencent’s purchase of search engine developer Sogou was approved by China’s anti-monopoly regulator, according to a statement on the website of the State Administration for Market Regulation.","news_type":1,"symbols_score_info":{"SOGO":0.9,"00700":0.9,"SOHU":0.9}},"isVote":1,"tweetType":1,"viewCount":2735,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":156579952,"gmtCreate":1625232842976,"gmtModify":1703738967627,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Not safe","listText":"Not safe","text":"Not safe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/156579952","repostId":"2148474870","repostType":4,"repost":{"id":"2148474870","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":1625232134,"share":"https://ttm.financial/m/news/2148474870?lang=&edition=fundamental","pubTime":"2021-07-02 21:22","market":"us","language":"en","title":"Crypto exchange Binance hit by criminal complaint from Thai regulators","url":"https://stock-news.laohu8.com/highlight/detail?id=2148474870","media":"Reuters","summary":"July 2 (Reuters) - Thailand's financial watchdog filed a criminal complaint against cryptocurrency e","content":"<p>July 2 (Reuters) - Thailand's financial watchdog filed a criminal complaint against cryptocurrency exchange Binance on Friday for operating a digital asset business without a licence, the latest in a string of crackdowns on the platform by regulators globally.</p>\n<p>Thailand's Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> said in a statement that Binance had been operating a digital asset business \"in the category of a digital asset exchange\" without a licence.</p>\n<p>In Thailand, only licensed firms are allowed to provide services related to digital asset trading, the SEC said.</p>\n<p>The Commission had warned Binance over its activities in a letter in April but received no response, it said, leading it to then file a criminal complaint with the Thai police.</p>\n<p>A Binance spokesperson declined to comment specifically on the Thai complaint, saying it takes a collaborative approach to working with regulators and takes its compliance obligations seriously.</p>\n<p>Britain's financial watchdog last week barred the company, <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's biggest exchanges, from carrying out regulated activities in the country.</p>\n<p>Japan's regulator said last week Binance was operating in the country illegally, while Germany's watchdog said in April it risked being fined for offering tokens connected to stocks.</p>\n<p>In May, Bloomberg reported Binance was under investigation by the U.S. Justice Department and Internal Revenue Service.</p>\n<p>The complaint filed in Thailand by the SEC is the start of a criminal procedure, with a police investigation possibly leading to a recommendation to a public attorney who has authority for prosecution, the Commission said.</p>\n<p>The offence carries a penalty of two to five years imprisonment, a fine of 200,000-500,000 baht ($6,200-15,500), and a further daily fine of up to 10,000 baht for every day the contravention continues, it added.</p>\n<p>Trading volumes at the exchange in June were $662 billion, up almost ten-fold from July 2020, according to data from CryptoCompare.</p>\n<p>($1 = 32.1900 baht)</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>Crypto exchange Binance hit by criminal complaint from Thai regulators</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\">\nCrypto exchange Binance hit by criminal complaint from Thai regulators\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\">2021-07-02 21:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 2 (Reuters) - Thailand's financial watchdog filed a criminal complaint against cryptocurrency exchange Binance on Friday for operating a digital asset business without a licence, the latest in a string of crackdowns on the platform by regulators globally.</p>\n<p>Thailand's Securities and Exchange Commission <a href=\"https://laohu8.com/S/SEC.UK\">$(SEC.UK)$</a> said in a statement that Binance had been operating a digital asset business \"in the category of a digital asset exchange\" without a licence.</p>\n<p>In Thailand, only licensed firms are allowed to provide services related to digital asset trading, the SEC said.</p>\n<p>The Commission had warned Binance over its activities in a letter in April but received no response, it said, leading it to then file a criminal complaint with the Thai police.</p>\n<p>A Binance spokesperson declined to comment specifically on the Thai complaint, saying it takes a collaborative approach to working with regulators and takes its compliance obligations seriously.</p>\n<p>Britain's financial watchdog last week barred the company, <a href=\"https://laohu8.com/S/AONE\">one</a> of the world's biggest exchanges, from carrying out regulated activities in the country.</p>\n<p>Japan's regulator said last week Binance was operating in the country illegally, while Germany's watchdog said in April it risked being fined for offering tokens connected to stocks.</p>\n<p>In May, Bloomberg reported Binance was under investigation by the U.S. Justice Department and Internal Revenue Service.</p>\n<p>The complaint filed in Thailand by the SEC is the start of a criminal procedure, with a police investigation possibly leading to a recommendation to a public attorney who has authority for prosecution, the Commission said.</p>\n<p>The offence carries a penalty of two to five years imprisonment, a fine of 200,000-500,000 baht ($6,200-15,500), and a further daily fine of up to 10,000 baht for every day the contravention continues, it added.</p>\n<p>Trading volumes at the exchange in June were $662 billion, up almost ten-fold from July 2020, according to data from CryptoCompare.</p>\n<p>($1 = 32.1900 baht)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2148474870","content_text":"July 2 (Reuters) - Thailand's financial watchdog filed a criminal complaint against cryptocurrency exchange Binance on Friday for operating a digital asset business without a licence, the latest in a string of crackdowns on the platform by regulators globally.\nThailand's Securities and Exchange Commission $(SEC.UK)$ said in a statement that Binance had been operating a digital asset business \"in the category of a digital asset exchange\" without a licence.\nIn Thailand, only licensed firms are allowed to provide services related to digital asset trading, the SEC said.\nThe Commission had warned Binance over its activities in a letter in April but received no response, it said, leading it to then file a criminal complaint with the Thai police.\nA Binance spokesperson declined to comment specifically on the Thai complaint, saying it takes a collaborative approach to working with regulators and takes its compliance obligations seriously.\nBritain's financial watchdog last week barred the company, one of the world's biggest exchanges, from carrying out regulated activities in the country.\nJapan's regulator said last week Binance was operating in the country illegally, while Germany's watchdog said in April it risked being fined for offering tokens connected to stocks.\nIn May, Bloomberg reported Binance was under investigation by the U.S. Justice Department and Internal Revenue Service.\nThe complaint filed in Thailand by the SEC is the start of a criminal procedure, with a police investigation possibly leading to a recommendation to a public attorney who has authority for prosecution, the Commission said.\nThe offence carries a penalty of two to five years imprisonment, a fine of 200,000-500,000 baht ($6,200-15,500), and a further daily fine of up to 10,000 baht for every day the contravention continues, it added.\nTrading volumes at the exchange in June were $662 billion, up almost ten-fold from July 2020, according to data from CryptoCompare.\n($1 = 32.1900 baht)","news_type":1,"symbols_score_info":{"BTCmain":0.9,"GBTC":0.9,"XBTmain":0.9,"MBTmain":0.9}},"isVote":1,"tweetType":1,"viewCount":2004,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":150722249,"gmtCreate":1624928603181,"gmtModify":1703848090334,"author":{"id":"3554732731767016","authorId":"3554732731767016","name":"Walc","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":12,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3554732731767016","idStr":"3554732731767016"},"themes":[],"htmlText":"Ok ","listText":"Ok ","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/150722249","repostId":"2146836375","repostType":4,"isVote":1,"tweetType":1,"viewCount":2018,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}