BenNN的个人主页 - 老虎社区

BenNN

BenNN

暂无个人介绍

IP属地：未知

10关注

0粉丝

0主题

0勋章

2021-08-19

$Tiger Brokers(TIGR)$Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D

2021-08-19

$Tiger Brokers(TIGR)$Going to sell away $20000 worth of tiger tmr.Be smart

2021-07-29

Hi

Palantir Could Be Ready For Its Next Breakout

2021-07-29

$Tiger Brokers(TIGR)$No[What]

2021-07-29

Huiu

Credit Suisse Failed to Act on Archegos Risks, Report Says

2021-07-29

Hi

抱歉，原内容已删除

2021-07-29

[Smile] [Smile] [Smile] [Smile] [Smile] [Smile]

2021-06-27

Hi

SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying

2021-06-27

LNS

抱歉，原内容已删除

2021-06-27

Hi

抱歉，原内容已删除

2021-06-25

Ok

抱歉，原内容已删除

2021-06-24

Ijhhh

去老虎APP查看更多动态

{"i18n":{"language":"zh_CN"},"userPageInfo":{"id":"3576116977941496","uuid":"3576116977941496","gmtCreate":1613022954164,"gmtModify":1627570421319,"name":"BenNN","pinyin":"bennn","introduction":"","introductionEn":null,"signature":"","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","hat":null,"hatId":null,"hatName":null,"vip":1,"status":2,"fanSize":0,"headSize":10,"tweetSize":12,"questionSize":0,"limitLevel":999,"accountStatus":4,"level":{"id":2,"name":"无畏虎","nameTw":"無畏虎","represent":"初生牛犊","factor":"发布3条非转发主帖,1条获得他人回复或点赞","iconColor":"3C9E83","bgColor":"A2F1D9"},"themeCounts":0,"badgeCounts":0,"badges":[],"moderator":false,"superModerator":false,"manageSymbols":null,"badgeLevel":null,"boolIsFan":false,"boolIsHead":false,"favoriteSize":0,"symbols":null,"coverImage":null,"realNameVerified":null,"userBadges":[{"badgeId":"35ec162348d5460f88c959321e554969-1","templateUuid":"35ec162348d5460f88c959321e554969","name":"精英交易员","description":"证券或期货账户累计交易次数达到30次","bigImgUrl":"https://static.tigerbbs.com/ab0f87127c854ce3191a752d57b46edc","smallImgUrl":"https://static.tigerbbs.com/c9835ce48b8c8743566d344ac7a7ba8c","grayImgUrl":"https://static.tigerbbs.com/76754b53ce7a90019f132c1d2fbc698f","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.08.13","exceedPercentage":"60.55%","individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100},{"badgeId":"e50ce593bb40487ebfb542ca54f6a561-1","templateUuid":"e50ce593bb40487ebfb542ca54f6a561","name":"出道虎友","description":"加入老虎社区500天","bigImgUrl":"https://static.tigerbbs.com/0e4d0ca1da0456dc7894c946d44bf9ab","smallImgUrl":"https://static.tigerbbs.com/0f2f65e8ce4cfaae8db2bea9b127f58b","grayImgUrl":"https://static.tigerbbs.com/c5948a31b6edf154422335b265235809","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2022.06.29","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1001},{"badgeId":"518b5610c3e8410da5cfad115e4b0f5a-1","templateUuid":"518b5610c3e8410da5cfad115e4b0f5a","name":"实盘交易者","description":"完成一笔实盘交易","bigImgUrl":"https://static.tigerbbs.com/2e08a1cc2087a1de93402c2c290fa65b","smallImgUrl":"https://static.tigerbbs.com/4504a6397ce1137932d56e5f4ce27166","grayImgUrl":"https://static.tigerbbs.com/4b22c79415b4cd6e3d8ebc4a0fa32604","redirectLinkEnabled":0,"redirectLink":null,"hasAllocated":1,"isWearing":0,"stamp":null,"stampPosition":0,"hasStamp":0,"allocationCount":1,"allocatedDate":"2021.12.21","exceedPercentage":null,"individualDisplayEnabled":0,"backgroundColor":null,"fontColor":null,"individualDisplaySort":0,"categoryType":1100}],"userBadgeCount":3,"currentWearingBadge":null,"individualDisplayBadges":null,"crmLevel":1,"crmLevelSwitch":0,"location":"未知","starInvestorFollowerNum":0,"starInvestorFlag":false,"starInvestorOrderShareNum":0,"subscribeStarInvestorNum":0,"ror":null,"winRationPercentage":null,"showRor":false,"investmentPhilosophy":null,"starInvestorSubscribeFlag":false},"baikeInfo":{},"tab":"post","tweets":[{"id":838854605,"gmtCreate":1629386829507,"gmtModify":1633685208647,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D","text":"$Tiger Brokers(TIGR)$Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838854605","isVote":1,"tweetType":1,"viewCount":851,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831878141,"gmtCreate":1629304667683,"gmtModify":1633685811673,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Going to sell away $20000 worth of tiger tmr.Be smart","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Going to sell away $20000 worth of tiger tmr.Be smart","text":"$Tiger Brokers(TIGR)$Going to sell away $20000 worth of tiger tmr.Be smart","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831878141","isVote":1,"tweetType":1,"viewCount":2166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808868764,"gmtCreate":1627569203558,"gmtModify":1633758195390,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808868764","repostId":"1143651896","repostType":4,"repost":{"id":"1143651896","kind":"news","pubTimestamp":1627563822,"share":"https://www.laohu8.com/m/news/1143651896?lang=&edition=full","pubTime":"2021-07-29 21:03","market":"us","language":"en","title":"Palantir Could Be Ready For Its Next Breakout","url":"https://stock-news.laohu8.com/highlight/detail?id=1143651896","media":"InvestorPlace","summary":"As Palantir turns growth into income, PLTR stock is likely to start a new bull leg up","content":"<p>Data-mining and analytics group&nbsp;<b>Palantir Technologies</b>(NYSE:<b><u>PLTR</u></b>) has been on the radar of growth investors. Following itsmarket debuton Sept, 30, the shares hit a record high of $45 on Jan. 27. PLTR stock is currently at $22.50, around 50% off its peak.</p>\n<p>Understandably, investors have been concerned with the recent rapid decline in price. Many believe the company has visionary leadership and powerful secular growth trends. Its proprietary technology for predictive analytics has brought growth in customer numbers.</p>\n<p>Yet, the price action has been volatile. If you are a buy-and-hold investor, you could consider the current levels as an opportunity to go long.</p>\n<p>Here’s why.</p>\n<p><b>PLTR Stock Is A Growth Name</b></p>\n<p>Denver-based Palantir was founded in 2003 by Peter Thiel, the co-founder of&nbsp;<b>PayPal</b>(NASDAQ:<b><u>PYPL</u></b>), to provide solutions for managing and securing data at massive scales. The company builds and deploys two main software platforms.</p>\n<p>The first one&nbsp; is Palantir Gotham, which focuses on the government intelligence and defense agencies. The other is Palantir Foundry, which is used by leading companies from energy, transportation, financial services and health care sectors. Additionally, it offers Palantir Apollo, the continuous delivery software that powers SaaS platforms, Foundry and Gotham, in the public cloud.</p>\n<p>Since its early days, Palantir has been considered a controversial company, mainly due to agreements initially made with government agenciessuch as the CIA. Yet, its recent contracts showed the company could easily expand into broader commercial markets. In the last four quarters, Palantir&nbsp;increased&nbsp;the number of its customers from 125 to 149.</p>\n<p>The group had previously made data management agreements with several big companies such as&nbsp;<b>Scuderia Ferrari</b>,<b>Airbus</b>(OTCMKTS:<b><u>EADSY</u></b>),<b>Rio Tinto</b>(NYSE:<b><u>RIO</u></b>), and&nbsp;<b>IBM</b>&nbsp;(NYSE:<b><u>IBM</u></b>). Most recently Foundry for Builders was launched to support the growth of early-stage companies including startups&nbsp;<b>Chapter</b>,<b>Hence AI</b>,<b>Adyton</b>&nbsp;and&nbsp;<b>Gecko Robotics</b>. Moreover,it beganaccepting&nbsp;<b>Bitcoin</b>(CCC:<b><u>BTC-USD</u></b>)&nbsp;as payment and may also invest in the cryptocurrency.</p>\n<p>Management also highlights it offers services for humanitarian purposes, such as the&nbsp;World Food Program&nbsp;meand combating&nbsp;Covid-19.In late 2020 and early 2021, Palantir cooperated with the&nbsp;Greek government&nbsp;and England’s National Health Service to improve their response to the pandemic. In June, PLTR was named by&nbsp;<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) as a 2021 Global AWS Partner Network (APN) Public Sector Partner&nbsp;Award winner&nbsp;in its work to fight against Covid-19.</p>\n<p><b>How Recent Earnings Came</b></p>\n<p>According to Q1 2021 financials of Palantir, which were released on May 11, revenues totaled $341 million, growing 49% year-over-year. The net loss was $123.5 million compared to a loss of $54.3 million a year ago. Adjusted diluted EPS was 4 cents versus a loss per share of 1 cent same quarter prior year. Cash flow from operations stood at $117 million and adjusted free cash flow was $151 million, up 44%.</p>\n<p>Palantir has proven its sustainability and potential for higher growth.Only in the last couple of months, PLTR won a&nbsp;$111 million contract&nbsp;from the U.S. Special Operations Command. It also expanded its&nbsp;Space Force partnership&nbsp;with a new $32.5 million contract and made a $7.4 million&nbsp;contract renewal&nbsp;with the U.S. Centers for Disease Control and Prevention.</p>\n<p>The&nbsp;Federal Aviation Administration&nbsp;contracted the company for support in aircraft certification and continued operational safety. Finally, management&nbsp;teamed up with&nbsp;<b>DataRobot</b>&nbsp;to develop&nbsp;AI demand forecasting&nbsp;solutions.</p>\n<p>So far this year,PLTRshares are down 4%. The company’sconsensus forward price-earnings (P/E) ratiois 166x. The stock trades at 33x its current sales. And its price-to-book (P/B) ratio stands at 22x. These ratios imply a rich valuation. Currently, 12-month price&nbsp;targets&nbsp;for the shares range from $17 to $30.</p>\n<p><b>Bottom Line on PLTR Stock</b></p>\n<p>PLTR is a growth stock and the recentfinancials showed it could soon turn into a profitable company. Management will release second quarter financial results on Aug. 10. Wall Street will want to see growth, both in revenue and number of customers.</p>\n<p>If Palantir is on right track, then investors are likely to hit the “buy” button. But if the Street has concerns over the metrics, then it could be another volatile August for PLTR stock. Long-term investors could consider buying the dips, especially toward $20, and remain long-term regardless of daily fluctuations.</p>\n<p>Finally, investors who want to hedge their bets could also consider an exchange-traded fund that holds PLTR stock in their portfolio. Examples include the&nbsp;<b>ARK Next Generation Internet ETF</b>(NYSEARCA:<b><u>ARKW</u></b>), the&nbsp;<b>FlexShares Morningstar US Market Factors Tilt Index Fund</b>(CBOE:<b><u>TILT</u></b>), the&nbsp;<b>Renaissance IPO ETF</b>(NYSEARCA:<b><u>IPO</u></b>), the&nbsp;<b>VanEck Vectors Social Sentiment ETF</b>(NYSEARCA:<b><u>BUZZ</u></b>), and the&nbsp;<b>Vanguard Growth ETF</b>(NYSEARCA:<b><u>VUG</u></b>).</p>","source":"lsy1606302653667","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 Could Be Ready For Its Next Breakout</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 Could Be Ready For Its Next Breakout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/pltr-stock-could-be-ready-for-its-next-breakout/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Data-mining and analytics group Palantir Technologies(NYSE:PLTR) has been on the radar of growth investors. Following itsmarket debuton Sept, 30, the shares hit a record high of $45 on Jan. 27. PLTR ...</p>\n\n<a href=\"https://investorplace.com/2021/07/pltr-stock-could-be-ready-for-its-next-breakout/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2021/07/pltr-stock-could-be-ready-for-its-next-breakout/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143651896","content_text":"Data-mining and analytics group Palantir Technologies(NYSE:PLTR) has been on the radar of growth investors. Following itsmarket debuton Sept, 30, the shares hit a record high of $45 on Jan. 27. PLTR stock is currently at $22.50, around 50% off its peak.\nUnderstandably, investors have been concerned with the recent rapid decline in price. Many believe the company has visionary leadership and powerful secular growth trends. Its proprietary technology for predictive analytics has brought growth in customer numbers.\nYet, the price action has been volatile. If you are a buy-and-hold investor, you could consider the current levels as an opportunity to go long.\nHere’s why.\nPLTR Stock Is A Growth Name\nDenver-based Palantir was founded in 2003 by Peter Thiel, the co-founder of PayPal(NASDAQ:PYPL), to provide solutions for managing and securing data at massive scales. The company builds and deploys two main software platforms.\nThe first one  is Palantir Gotham, which focuses on the government intelligence and defense agencies. The other is Palantir Foundry, which is used by leading companies from energy, transportation, financial services and health care sectors. Additionally, it offers Palantir Apollo, the continuous delivery software that powers SaaS platforms, Foundry and Gotham, in the public cloud.\nSince its early days, Palantir has been considered a controversial company, mainly due to agreements initially made with government agenciessuch as the CIA. Yet, its recent contracts showed the company could easily expand into broader commercial markets. In the last four quarters, Palantir increased the number of its customers from 125 to 149.\nThe group had previously made data management agreements with several big companies such as Scuderia Ferrari,Airbus(OTCMKTS:EADSY),Rio Tinto(NYSE:RIO), and IBM (NYSE:IBM). Most recently Foundry for Builders was launched to support the growth of early-stage companies including startups Chapter,Hence AI,Adyton and Gecko Robotics. Moreover,it beganaccepting Bitcoin(CCC:BTC-USD) as payment and may also invest in the cryptocurrency.\nManagement also highlights it offers services for humanitarian purposes, such as the World Food Program meand combating Covid-19.In late 2020 and early 2021, Palantir cooperated with the Greek government and England’s National Health Service to improve their response to the pandemic. In June, PLTR was named by Amazon(NASDAQ:AMZN) as a 2021 Global AWS Partner Network (APN) Public Sector Partner Award winner in its work to fight against Covid-19.\nHow Recent Earnings Came\nAccording to Q1 2021 financials of Palantir, which were released on May 11, revenues totaled $341 million, growing 49% year-over-year. The net loss was $123.5 million compared to a loss of $54.3 million a year ago. Adjusted diluted EPS was 4 cents versus a loss per share of 1 cent same quarter prior year. Cash flow from operations stood at $117 million and adjusted free cash flow was $151 million, up 44%.\nPalantir has proven its sustainability and potential for higher growth.Only in the last couple of months, PLTR won a $111 million contract from the U.S. Special Operations Command. It also expanded its Space Force partnership with a new $32.5 million contract and made a $7.4 million contract renewal with the U.S. Centers for Disease Control and Prevention.\nThe Federal Aviation Administration contracted the company for support in aircraft certification and continued operational safety. Finally, management teamed up with DataRobot to develop AI demand forecasting solutions.\nSo far this year,PLTRshares are down 4%. The company’sconsensus forward price-earnings (P/E) ratiois 166x. The stock trades at 33x its current sales. And its price-to-book (P/B) ratio stands at 22x. These ratios imply a rich valuation. Currently, 12-month price targets for the shares range from $17 to $30.\nBottom Line on PLTR Stock\nPLTR is a growth stock and the recentfinancials showed it could soon turn into a profitable company. Management will release second quarter financial results on Aug. 10. Wall Street will want to see growth, both in revenue and number of customers.\nIf Palantir is on right track, then investors are likely to hit the “buy” button. But if the Street has concerns over the metrics, then it could be another volatile August for PLTR stock. Long-term investors could consider buying the dips, especially toward $20, and remain long-term regardless of daily fluctuations.\nFinally, investors who want to hedge their bets could also consider an exchange-traded fund that holds PLTR stock in their portfolio. Examples include the ARK Next Generation Internet ETF(NYSEARCA:ARKW), the FlexShares Morningstar US Market Factors Tilt Index Fund(CBOE:TILT), the Renaissance IPO ETF(NYSEARCA:IPO), the VanEck Vectors Social Sentiment ETF(NYSEARCA:BUZZ), and the Vanguard Growth ETF(NYSEARCA:VUG).","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808868963,"gmtCreate":1627569176952,"gmtModify":1633758195961,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>No[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>No[What]&nbsp;","text":"$Tiger Brokers(TIGR)$No[What]","images":[{"img":"https://static.tigerbbs.com/f954774d60f0791eeb3ffe337c530d0d","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808868963","isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":808863473,"gmtCreate":1627569144692,"gmtModify":1633758197128,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Huiu","listText":"Huiu","text":"Huiu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808863473","repostId":"1164040651","repostType":4,"repost":{"id":"1164040651","kind":"news","pubTimestamp":1627563297,"share":"https://www.laohu8.com/m/news/1164040651?lang=&edition=full","pubTime":"2021-07-29 20:54","market":"us","language":"en","title":"Credit Suisse Failed to Act on Archegos Risks, Report Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1164040651","media":"The Wall Street Journal","summary":"Credit Suisse GroupAG knew Archegos Capital Management was a massive risk and didn’t take actions to","content":"<p>Credit Suisse GroupAG&nbsp;knew Archegos Capital Management was a massive risk and didn’t take actions to fix it, according to an investigation the bank commissioned into the collapse of the family investment firm.</p>\n<p>The&nbsp;report released Thursday, prepared by a law firm for Credit Suisse, detailed how the bank for years granted Archegos special dispensation to avoid rules meant to protect the bank. It also ignored staff warnings before the family investment firm’s collapse.</p>\n<p>Archegos&nbsp;rocked Wall Street&nbsp;when large, concentrated positions it held in a few stocks went sour. Banks lost more than $10 billion exiting the trades. Credit Suisse fared the worst among Archegos’s lending banks, with more than $5.5 billion in losses. Archegos managed the family fortune of Bill Hwang, a former hedge-fund manager.</p>\n<p>Credit Suisse said Thursday it had lowered its overall risk appetite across the bank, adjusted its governance and is adding more people in risk management. It said all hedge-fund clients in the prime brokerage unit that traded with Archegos have been moved to a dynamic margining system—an upgrade of an earlier system that contributed to the losses.</p>\n<p>The Archegos losses, along with the collapse of Credit Suisse client Greensill Capital, prompted an existential rethink for the Swiss bank, which marries a giant wealth management business catering to the global rich along with a significant Wall Street presence serving corporations, hedge funds and companies. Nearly two dozen executives have left the bank.</p>\n<p>The report, produced by law firm Paul, Weiss, Rifkind, Wharton &amp; Garrison LLP, details a dysfunctional culture around protecting the bank from risks.</p>\n<p>“The business was focused on maximizing short-term profits and failed to rein in and, indeed, enabled Archegos’s voracious risk-taking,” the report said. “There were numerous warning signals” that Archegos’s positions posed potentially catastrophic risk” to Credit Suisse.</p>\n<p>The report doesn’t identify executives by name, but singles out for blame the bank’s then-head of equities and the risk managers involved in monitoring the Archegos trades. They “failed to heed these signs, despite evidence that some individuals did raise concerns appropriately.”</p>\n<p>Senior executives were late to find out about the situation, according to the report. The bank’s chief executive, Thomas Gottstein, said Thursday, “I only heard about Archegos basically when it hit the news. I wasn’t aware even about the existence of Archegos.”</p>\n<p>It found many of the employees involved were more focused on using superficial fixes. This included allowing Archegos to hedge its massive positions in just a few stocks with options tied to broad stock indexes. Credit risk managers questioned if those would effectively offset risks, but didn’t sufficiently challenge the move.</p>\n<p>It said the bank’s prime services business, which manages trades and financing for hedge funds, had “a lackadaisical attitude towards risk and risk discipline.”</p>\n<p>The report details Credit Suisse’s long history with Mr. Hwang, stretching back to his days running a hedge fund called Tiger Asia Management in 2003. He specialized in trading Asian stocks, taking long and short positions.</p>\n<p>Credit Suisse stuck with Mr. Hwang even after Tiger Asia settled insider trading allegations with the Securities and Exchange Commission and&nbsp;pleaded guilty&nbsp;to federal wire fraud charges in 2012.</p>\n<p>When Tiger Asia was banned from trading in Hong Kong, Credit Suisse helped Mr. Hwang move his trading activity—rechristened under the Archegos name—to New York, where he invested in U.S.-listed Asian companies, relaunching with around $500 million.</p>\n<p>“We have seen no evidence that CS applied any additional scrutiny to Tiger Asia or Hwang in response to these matters,” the report said.</p>\n<p>His assets swelled to $3.9 billion in 2016.</p>\n<p>Credit Suisse began waiving risk protections related to Mr. Hwang well before Archegos collapsed. In 2017, changes in Mr. Hwang’s trading prompted a 10% margin call, a common request by a bank to post more cash to back up positions as they became riskier. Credit Suisse waived the requirement and created a “bespoke weekly monitoring of Archegos.”</p>\n<p>Then in 2019, Archegos asked to lower its margin requirement, saying competitors were offering a better deal. The margin on the stock-linked derivatives he liked to invest in, known as total return swaps, dropped to 7.5% of the total invested from around 20%.</p>\n<p>In return, Archegos agreed to give Credit Suisse more power to close out its positions with little notice. But the report says these protections were “illusory, as the business appears to have had no intention of invoking them for fear of alienating the client.”</p>\n<p>Archegos’s trading took off in the spring of 2020. As its positions swelled, Archegos repeatedly breached key limits Credit Suisse risk managers had set.</p>\n<p>One type of limit, known as “potential exposure,” or the maximum the bank was likely to lose if markets went against Archegos, was set at $20 million. In April 2020, it was more than $200 million. By August, it swelled to $530 million. Risk managers ignored the warning, figuring a change in the bank’s methodology implemented earlier in the year had thrown off the calculation.</p>\n<p>Many of the findings of the report&nbsp;echo reporting&nbsp;from a June page one article in The Wall Street Journal, which highlighted the bank’s creaky risk-management systems that left it exposed to human errors in judgment.</p>\n<p>The report described what it called a “juniorization” of staff as experienced personnel left and a lack of investment in risk technology. Poor governance meant some key staff had to perform multiple roles, and they described feeling overwhelmed by the data and information they had to digest.</p>\n<p>The problems were amplified by a geographic split between New York and London, with neither co-head of prime services in the different cities believing he was responsible for supervising the Archegos relationship, according to the report.</p>\n<p>Credit Suisse on Thursday said it would look to reduce its use of co-headed positions and multi-hatted roles.</p>\n<p>The report listed repeated warning signs that the bank failed to act upon.</p>\n<p>In September 2020, a credit risk manager escalated concerns about the trades to his supervisor. An oversight committee reviewed the positions at a meeting that month but planned actions weren’t taken, the report said.</p>\n<p>Early in 2021, credit risk managers cut Archegos’s internal credit rating citing the firm’s “high performance volatility, concentrated portfolio, and increased use of leverage.” By Archegos’s own estimate, according to the report, it would take between two weeks and a month to liquidate its portfolio, a dangerously long time.</p>\n<p>The credit risk managers discussed requiring more margin collateral from Archegos, estimating it needed to post around another $1 billion, but the request was never made.</p>\n<p>In March, the counterparty oversight committee again discussed Archegos, by then the prime brokerage unit’s largest client in terms of position size. The committee decided Archegos would be moved to a dynamic margining system within the next couple of weeks, and if not Credit Suisse would ask for additional margin.</p>\n<p>The dynamic margining, which incorporates more real-time data such as market volatility and position concentration into margin calculations, would have made the trades safer, according to the report. In mid-March, Credit Suisse calculated Archegos would have to put up an additional $1.4 billion margin, and told Archegos it wanted to implement the new system the next week.</p>\n<p>Instead, Archegos canceled calls to discuss the step, and began requesting back margin it had at the bank, since the value of the shares it invested in—including&nbsp;ViacomCBS,Inc. and&nbsp;Discovery&nbsp;Inc.,had skyrocketed. In a fateful decision, Credit Suisse returned $2.4 billion in margin collateral to Archegos between March 1 and March 19.</p>\n<p>On March 23, Credit Suisse’s gross exposure to Archegos had grown to $27 billion.</p>\n<p>Credit Suisse released the Archegos report alongside its second-quarter earnings, which were worse than analysts expected and stood in contrast to a strong performance at other European banks. It reported billions in outflows from clients in Asia, which the bank attributed mainly to “proactive de-risking” to cut or reduce ties to some customers.</p>\n<p>The report was commissioned by a special committee of Credit Suisse’s board, which included former longtime bank executive Richard Meddings and former&nbsp;JPMorgan Chase&amp; Co. executive Blythe Masters. Paul Weiss’s Chairman Brad Karp oversaw the investigation.</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>Credit Suisse Failed to Act on Archegos Risks, Report Says</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\">\nCredit Suisse Failed to Act on Archegos Risks, Report Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/credit-suisse-report-pins-archegos-disaster-on-fundamental-failure-of-management-and-controls-11627537722?mod=hp_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Credit Suisse GroupAG knew Archegos Capital Management was a massive risk and didn’t take actions to fix it, according to an investigation the bank commissioned into the collapse of the family ...</p>\n\n<a href=\"https://www.wsj.com/articles/credit-suisse-report-pins-archegos-disaster-on-fundamental-failure-of-management-and-controls-11627537722?mod=hp_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/credit-suisse-report-pins-archegos-disaster-on-fundamental-failure-of-management-and-controls-11627537722?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164040651","content_text":"Credit Suisse GroupAG knew Archegos Capital Management was a massive risk and didn’t take actions to fix it, according to an investigation the bank commissioned into the collapse of the family investment firm.\nThe report released Thursday, prepared by a law firm for Credit Suisse, detailed how the bank for years granted Archegos special dispensation to avoid rules meant to protect the bank. It also ignored staff warnings before the family investment firm’s collapse.\nArchegos rocked Wall Street when large, concentrated positions it held in a few stocks went sour. Banks lost more than $10 billion exiting the trades. Credit Suisse fared the worst among Archegos’s lending banks, with more than $5.5 billion in losses. Archegos managed the family fortune of Bill Hwang, a former hedge-fund manager.\nCredit Suisse said Thursday it had lowered its overall risk appetite across the bank, adjusted its governance and is adding more people in risk management. It said all hedge-fund clients in the prime brokerage unit that traded with Archegos have been moved to a dynamic margining system—an upgrade of an earlier system that contributed to the losses.\nThe Archegos losses, along with the collapse of Credit Suisse client Greensill Capital, prompted an existential rethink for the Swiss bank, which marries a giant wealth management business catering to the global rich along with a significant Wall Street presence serving corporations, hedge funds and companies. Nearly two dozen executives have left the bank.\nThe report, produced by law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, details a dysfunctional culture around protecting the bank from risks.\n“The business was focused on maximizing short-term profits and failed to rein in and, indeed, enabled Archegos’s voracious risk-taking,” the report said. “There were numerous warning signals” that Archegos’s positions posed potentially catastrophic risk” to Credit Suisse.\nThe report doesn’t identify executives by name, but singles out for blame the bank’s then-head of equities and the risk managers involved in monitoring the Archegos trades. They “failed to heed these signs, despite evidence that some individuals did raise concerns appropriately.”\nSenior executives were late to find out about the situation, according to the report. The bank’s chief executive, Thomas Gottstein, said Thursday, “I only heard about Archegos basically when it hit the news. I wasn’t aware even about the existence of Archegos.”\nIt found many of the employees involved were more focused on using superficial fixes. This included allowing Archegos to hedge its massive positions in just a few stocks with options tied to broad stock indexes. Credit risk managers questioned if those would effectively offset risks, but didn’t sufficiently challenge the move.\nIt said the bank’s prime services business, which manages trades and financing for hedge funds, had “a lackadaisical attitude towards risk and risk discipline.”\nThe report details Credit Suisse’s long history with Mr. Hwang, stretching back to his days running a hedge fund called Tiger Asia Management in 2003. He specialized in trading Asian stocks, taking long and short positions.\nCredit Suisse stuck with Mr. Hwang even after Tiger Asia settled insider trading allegations with the Securities and Exchange Commission and pleaded guilty to federal wire fraud charges in 2012.\nWhen Tiger Asia was banned from trading in Hong Kong, Credit Suisse helped Mr. Hwang move his trading activity—rechristened under the Archegos name—to New York, where he invested in U.S.-listed Asian companies, relaunching with around $500 million.\n“We have seen no evidence that CS applied any additional scrutiny to Tiger Asia or Hwang in response to these matters,” the report said.\nHis assets swelled to $3.9 billion in 2016.\nCredit Suisse began waiving risk protections related to Mr. Hwang well before Archegos collapsed. In 2017, changes in Mr. Hwang’s trading prompted a 10% margin call, a common request by a bank to post more cash to back up positions as they became riskier. Credit Suisse waived the requirement and created a “bespoke weekly monitoring of Archegos.”\nThen in 2019, Archegos asked to lower its margin requirement, saying competitors were offering a better deal. The margin on the stock-linked derivatives he liked to invest in, known as total return swaps, dropped to 7.5% of the total invested from around 20%.\nIn return, Archegos agreed to give Credit Suisse more power to close out its positions with little notice. But the report says these protections were “illusory, as the business appears to have had no intention of invoking them for fear of alienating the client.”\nArchegos’s trading took off in the spring of 2020. As its positions swelled, Archegos repeatedly breached key limits Credit Suisse risk managers had set.\nOne type of limit, known as “potential exposure,” or the maximum the bank was likely to lose if markets went against Archegos, was set at $20 million. In April 2020, it was more than $200 million. By August, it swelled to $530 million. Risk managers ignored the warning, figuring a change in the bank’s methodology implemented earlier in the year had thrown off the calculation.\nMany of the findings of the report echo reporting from a June page one article in The Wall Street Journal, which highlighted the bank’s creaky risk-management systems that left it exposed to human errors in judgment.\nThe report described what it called a “juniorization” of staff as experienced personnel left and a lack of investment in risk technology. Poor governance meant some key staff had to perform multiple roles, and they described feeling overwhelmed by the data and information they had to digest.\nThe problems were amplified by a geographic split between New York and London, with neither co-head of prime services in the different cities believing he was responsible for supervising the Archegos relationship, according to the report.\nCredit Suisse on Thursday said it would look to reduce its use of co-headed positions and multi-hatted roles.\nThe report listed repeated warning signs that the bank failed to act upon.\nIn September 2020, a credit risk manager escalated concerns about the trades to his supervisor. An oversight committee reviewed the positions at a meeting that month but planned actions weren’t taken, the report said.\nEarly in 2021, credit risk managers cut Archegos’s internal credit rating citing the firm’s “high performance volatility, concentrated portfolio, and increased use of leverage.” By Archegos’s own estimate, according to the report, it would take between two weeks and a month to liquidate its portfolio, a dangerously long time.\nThe credit risk managers discussed requiring more margin collateral from Archegos, estimating it needed to post around another $1 billion, but the request was never made.\nIn March, the counterparty oversight committee again discussed Archegos, by then the prime brokerage unit’s largest client in terms of position size. The committee decided Archegos would be moved to a dynamic margining system within the next couple of weeks, and if not Credit Suisse would ask for additional margin.\nThe dynamic margining, which incorporates more real-time data such as market volatility and position concentration into margin calculations, would have made the trades safer, according to the report. In mid-March, Credit Suisse calculated Archegos would have to put up an additional $1.4 billion margin, and told Archegos it wanted to implement the new system the next week.\nInstead, Archegos canceled calls to discuss the step, and began requesting back margin it had at the bank, since the value of the shares it invested in—including ViacomCBS,Inc. and Discovery Inc.,had skyrocketed. In a fateful decision, Credit Suisse returned $2.4 billion in margin collateral to Archegos between March 1 and March 19.\nOn March 23, Credit Suisse’s gross exposure to Archegos had grown to $27 billion.\nCredit Suisse released the Archegos report alongside its second-quarter earnings, which were worse than analysts expected and stood in contrast to a strong performance at other European banks. It reported billions in outflows from clients in Asia, which the bank attributed mainly to “proactive de-risking” to cut or reduce ties to some customers.\nThe report was commissioned by a special committee of Credit Suisse’s board, which included former longtime bank executive Richard Meddings and former JPMorgan Chase& Co. executive Blythe Masters. Paul Weiss’s Chairman Brad Karp oversaw the investigation.","news_type":1,"symbols_score_info":{"CS":0.9}},"isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808860049,"gmtCreate":1627569086181,"gmtModify":1633758199186,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/808860049","repostId":"1174127311","repostType":4,"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808884822,"gmtCreate":1627569039366,"gmtModify":1633758200527,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile] [Smile] [Smile] [Smile] [Smile]","images":[{"img":"https://static.tigerbbs.com/bdc04b949fed5f197fd3d1e6e3b5a28e","width":"1125","height":"3153"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808884822","isVote":1,"tweetType":1,"viewCount":1088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":127027624,"gmtCreate":1624805842168,"gmtModify":1633948472744,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127027624","repostId":"1172737444","repostType":4,"repost":{"id":"1172737444","kind":"news","pubTimestamp":1624757040,"share":"https://www.laohu8.com/m/news/1172737444?lang=&edition=full","pubTime":"2021-06-27 09:24","market":"us","language":"en","title":"SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1172737444","media":"InvestorPlace","summary":"What goes up, must come down. But then it can go up again.","content":"<p><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA)&nbsp;approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.</p>\n<p>This further bolsters SPCE stock’s current out-of-this-world run.</p>\n<p><b>SPCE Stock’s Meteoric Rise</b></p>\n<p>Five weeks ago, this was a $15 stock.</p>\n<p>And even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.</p>\n<p>Virgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.</p>\n<p>Everything is firing on all cylinders at Virgin Galactic.</p>\n<p>We think this is the beginning of Virgin going from “cool concept” to “valuable business.”</p>\n<p>Over the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.</p>\n<p>And the company will be generating billions of dollars in high-margin revenue.</p>\n<p><b>It All Starts Now</b></p>\n<p>The future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.</p>\n<p>There is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.</p>\n<p>And as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.</p>\n<p>SPCE is one of my top picks in the<i>Space Race 2.0</i>megatrend. Long-term, this stock will score investors big returns.</p>\n<p>But it’s not the only high-growth, high-return stock on my radar today.</p>\n<p>In fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.</p>\n<p>These stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.</p>","source":"lsy1606302653667","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>SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172737444","content_text":"Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.\nThis further bolsters SPCE stock’s current out-of-this-world run.\nSPCE Stock’s Meteoric Rise\nFive weeks ago, this was a $15 stock.\nAnd even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.\nVirgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.\nEverything is firing on all cylinders at Virgin Galactic.\nWe think this is the beginning of Virgin going from “cool concept” to “valuable business.”\nOver the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.\nAnd the company will be generating billions of dollars in high-margin revenue.\nIt All Starts Now\nThe future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.\nThere is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.\nAnd as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.\nSPCE is one of my top picks in theSpace Race 2.0megatrend. Long-term, this stock will score investors big returns.\nBut it’s not the only high-growth, high-return stock on my radar today.\nIn fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.\nThese stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1042,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127024193,"gmtCreate":1624805786212,"gmtModify":1633948473664,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"LNS","listText":"LNS","text":"LNS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127024193","repostId":"2146000990","repostType":4,"isVote":1,"tweetType":1,"viewCount":1024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127025541,"gmtCreate":1624805755083,"gmtModify":1633948474234,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127025541","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122924618,"gmtCreate":1624594267034,"gmtModify":1633950760125,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122924618","repostId":"2146023477","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":128630828,"gmtCreate":1624512779064,"gmtModify":1634005005189,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Ijhhh","listText":"Ijhhh","text":"Ijhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128630828","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":808868764,"gmtCreate":1627569203558,"gmtModify":1633758195390,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808868764","repostId":"1143651896","repostType":4,"repost":{"id":"1143651896","kind":"news","pubTimestamp":1627563822,"share":"https://www.laohu8.com/m/news/1143651896?lang=&edition=full","pubTime":"2021-07-29 21:03","market":"us","language":"en","title":"Palantir Could Be Ready For Its Next Breakout","url":"https://stock-news.laohu8.com/highlight/detail?id=1143651896","media":"InvestorPlace","summary":"As Palantir turns growth into income, PLTR stock is likely to start a new bull leg up","content":"<p>Data-mining and analytics group&nbsp;<b>Palantir Technologies</b>(NYSE:<b><u>PLTR</u></b>) has been on the radar of growth investors. Following itsmarket debuton Sept, 30, the shares hit a record high of $45 on Jan. 27. PLTR stock is currently at $22.50, around 50% off its peak.</p>\n<p>Understandably, investors have been concerned with the recent rapid decline in price. Many believe the company has visionary leadership and powerful secular growth trends. Its proprietary technology for predictive analytics has brought growth in customer numbers.</p>\n<p>Yet, the price action has been volatile. If you are a buy-and-hold investor, you could consider the current levels as an opportunity to go long.</p>\n<p>Here’s why.</p>\n<p><b>PLTR Stock Is A Growth Name</b></p>\n<p>Denver-based Palantir was founded in 2003 by Peter Thiel, the co-founder of&nbsp;<b>PayPal</b>(NASDAQ:<b><u>PYPL</u></b>), to provide solutions for managing and securing data at massive scales. The company builds and deploys two main software platforms.</p>\n<p>The first one&nbsp; is Palantir Gotham, which focuses on the government intelligence and defense agencies. The other is Palantir Foundry, which is used by leading companies from energy, transportation, financial services and health care sectors. Additionally, it offers Palantir Apollo, the continuous delivery software that powers SaaS platforms, Foundry and Gotham, in the public cloud.</p>\n<p>Since its early days, Palantir has been considered a controversial company, mainly due to agreements initially made with government agenciessuch as the CIA. Yet, its recent contracts showed the company could easily expand into broader commercial markets. In the last four quarters, Palantir&nbsp;increased&nbsp;the number of its customers from 125 to 149.</p>\n<p>The group had previously made data management agreements with several big companies such as&nbsp;<b>Scuderia Ferrari</b>,<b>Airbus</b>(OTCMKTS:<b><u>EADSY</u></b>),<b>Rio Tinto</b>(NYSE:<b><u>RIO</u></b>), and&nbsp;<b>IBM</b>&nbsp;(NYSE:<b><u>IBM</u></b>). Most recently Foundry for Builders was launched to support the growth of early-stage companies including startups&nbsp;<b>Chapter</b>,<b>Hence AI</b>,<b>Adyton</b>&nbsp;and&nbsp;<b>Gecko Robotics</b>. Moreover,it beganaccepting&nbsp;<b>Bitcoin</b>(CCC:<b><u>BTC-USD</u></b>)&nbsp;as payment and may also invest in the cryptocurrency.</p>\n<p>Management also highlights it offers services for humanitarian purposes, such as the&nbsp;World Food Program&nbsp;meand combating&nbsp;Covid-19.In late 2020 and early 2021, Palantir cooperated with the&nbsp;Greek government&nbsp;and England’s National Health Service to improve their response to the pandemic. In June, PLTR was named by&nbsp;<b>Amazon</b>(NASDAQ:<b><u>AMZN</u></b>) as a 2021 Global AWS Partner Network (APN) Public Sector Partner&nbsp;Award winner&nbsp;in its work to fight against Covid-19.</p>\n<p><b>How Recent Earnings Came</b></p>\n<p>According to Q1 2021 financials of Palantir, which were released on May 11, revenues totaled $341 million, growing 49% year-over-year. The net loss was $123.5 million compared to a loss of $54.3 million a year ago. Adjusted diluted EPS was 4 cents versus a loss per share of 1 cent same quarter prior year. Cash flow from operations stood at $117 million and adjusted free cash flow was $151 million, up 44%.</p>\n<p>Palantir has proven its sustainability and potential for higher growth.Only in the last couple of months, PLTR won a&nbsp;$111 million contract&nbsp;from the U.S. Special Operations Command. It also expanded its&nbsp;Space Force partnership&nbsp;with a new $32.5 million contract and made a $7.4 million&nbsp;contract renewal&nbsp;with the U.S. Centers for Disease Control and Prevention.</p>\n<p>The&nbsp;Federal Aviation Administration&nbsp;contracted the company for support in aircraft certification and continued operational safety. Finally, management&nbsp;teamed up with&nbsp;<b>DataRobot</b>&nbsp;to develop&nbsp;AI demand forecasting&nbsp;solutions.</p>\n<p>So far this year,PLTRshares are down 4%. The company’sconsensus forward price-earnings (P/E) ratiois 166x. The stock trades at 33x its current sales. And its price-to-book (P/B) ratio stands at 22x. These ratios imply a rich valuation. Currently, 12-month price&nbsp;targets&nbsp;for the shares range from $17 to $30.</p>\n<p><b>Bottom Line on PLTR Stock</b></p>\n<p>PLTR is a growth stock and the recentfinancials showed it could soon turn into a profitable company. Management will release second quarter financial results on Aug. 10. Wall Street will want to see growth, both in revenue and number of customers.</p>\n<p>If Palantir is on right track, then investors are likely to hit the “buy” button. But if the Street has concerns over the metrics, then it could be another volatile August for PLTR stock. Long-term investors could consider buying the dips, especially toward $20, and remain long-term regardless of daily fluctuations.</p>\n<p>Finally, investors who want to hedge their bets could also consider an exchange-traded fund that holds PLTR stock in their portfolio. Examples include the&nbsp;<b>ARK Next Generation Internet ETF</b>(NYSEARCA:<b><u>ARKW</u></b>), the&nbsp;<b>FlexShares Morningstar US Market Factors Tilt Index Fund</b>(CBOE:<b><u>TILT</u></b>), the&nbsp;<b>Renaissance IPO ETF</b>(NYSEARCA:<b><u>IPO</u></b>), the&nbsp;<b>VanEck Vectors Social Sentiment ETF</b>(NYSEARCA:<b><u>BUZZ</u></b>), and the&nbsp;<b>Vanguard Growth ETF</b>(NYSEARCA:<b><u>VUG</u></b>).</p>","source":"lsy1606302653667","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 Could Be Ready For Its Next Breakout</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 Could Be Ready For Its Next Breakout\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 21:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/07/pltr-stock-could-be-ready-for-its-next-breakout/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Data-mining and analytics group Palantir Technologies(NYSE:PLTR) has been on the radar of growth investors. Following itsmarket debuton Sept, 30, the shares hit a record high of $45 on Jan. 27. PLTR ...</p>\n\n<a href=\"https://investorplace.com/2021/07/pltr-stock-could-be-ready-for-its-next-breakout/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://investorplace.com/2021/07/pltr-stock-could-be-ready-for-its-next-breakout/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143651896","content_text":"Data-mining and analytics group Palantir Technologies(NYSE:PLTR) has been on the radar of growth investors. Following itsmarket debuton Sept, 30, the shares hit a record high of $45 on Jan. 27. PLTR stock is currently at $22.50, around 50% off its peak.\nUnderstandably, investors have been concerned with the recent rapid decline in price. Many believe the company has visionary leadership and powerful secular growth trends. Its proprietary technology for predictive analytics has brought growth in customer numbers.\nYet, the price action has been volatile. If you are a buy-and-hold investor, you could consider the current levels as an opportunity to go long.\nHere’s why.\nPLTR Stock Is A Growth Name\nDenver-based Palantir was founded in 2003 by Peter Thiel, the co-founder of PayPal(NASDAQ:PYPL), to provide solutions for managing and securing data at massive scales. The company builds and deploys two main software platforms.\nThe first one  is Palantir Gotham, which focuses on the government intelligence and defense agencies. The other is Palantir Foundry, which is used by leading companies from energy, transportation, financial services and health care sectors. Additionally, it offers Palantir Apollo, the continuous delivery software that powers SaaS platforms, Foundry and Gotham, in the public cloud.\nSince its early days, Palantir has been considered a controversial company, mainly due to agreements initially made with government agenciessuch as the CIA. Yet, its recent contracts showed the company could easily expand into broader commercial markets. In the last four quarters, Palantir increased the number of its customers from 125 to 149.\nThe group had previously made data management agreements with several big companies such as Scuderia Ferrari,Airbus(OTCMKTS:EADSY),Rio Tinto(NYSE:RIO), and IBM (NYSE:IBM). Most recently Foundry for Builders was launched to support the growth of early-stage companies including startups Chapter,Hence AI,Adyton and Gecko Robotics. Moreover,it beganaccepting Bitcoin(CCC:BTC-USD) as payment and may also invest in the cryptocurrency.\nManagement also highlights it offers services for humanitarian purposes, such as the World Food Program meand combating Covid-19.In late 2020 and early 2021, Palantir cooperated with the Greek government and England’s National Health Service to improve their response to the pandemic. In June, PLTR was named by Amazon(NASDAQ:AMZN) as a 2021 Global AWS Partner Network (APN) Public Sector Partner Award winner in its work to fight against Covid-19.\nHow Recent Earnings Came\nAccording to Q1 2021 financials of Palantir, which were released on May 11, revenues totaled $341 million, growing 49% year-over-year. The net loss was $123.5 million compared to a loss of $54.3 million a year ago. Adjusted diluted EPS was 4 cents versus a loss per share of 1 cent same quarter prior year. Cash flow from operations stood at $117 million and adjusted free cash flow was $151 million, up 44%.\nPalantir has proven its sustainability and potential for higher growth.Only in the last couple of months, PLTR won a $111 million contract from the U.S. Special Operations Command. It also expanded its Space Force partnership with a new $32.5 million contract and made a $7.4 million contract renewal with the U.S. Centers for Disease Control and Prevention.\nThe Federal Aviation Administration contracted the company for support in aircraft certification and continued operational safety. Finally, management teamed up with DataRobot to develop AI demand forecasting solutions.\nSo far this year,PLTRshares are down 4%. The company’sconsensus forward price-earnings (P/E) ratiois 166x. The stock trades at 33x its current sales. And its price-to-book (P/B) ratio stands at 22x. These ratios imply a rich valuation. Currently, 12-month price targets for the shares range from $17 to $30.\nBottom Line on PLTR Stock\nPLTR is a growth stock and the recentfinancials showed it could soon turn into a profitable company. Management will release second quarter financial results on Aug. 10. Wall Street will want to see growth, both in revenue and number of customers.\nIf Palantir is on right track, then investors are likely to hit the “buy” button. But if the Street has concerns over the metrics, then it could be another volatile August for PLTR stock. Long-term investors could consider buying the dips, especially toward $20, and remain long-term regardless of daily fluctuations.\nFinally, investors who want to hedge their bets could also consider an exchange-traded fund that holds PLTR stock in their portfolio. Examples include the ARK Next Generation Internet ETF(NYSEARCA:ARKW), the FlexShares Morningstar US Market Factors Tilt Index Fund(CBOE:TILT), the Renaissance IPO ETF(NYSEARCA:IPO), the VanEck Vectors Social Sentiment ETF(NYSEARCA:BUZZ), and the Vanguard Growth ETF(NYSEARCA:VUG).","news_type":1,"symbols_score_info":{"PLTR":0.9}},"isVote":1,"tweetType":1,"viewCount":1030,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122924618,"gmtCreate":1624594267034,"gmtModify":1633950760125,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/122924618","repostId":"2146023477","repostType":4,"isVote":1,"tweetType":1,"viewCount":216,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127024193,"gmtCreate":1624805786212,"gmtModify":1633948473664,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"LNS","listText":"LNS","text":"LNS","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/127024193","repostId":"2146000990","repostType":4,"isVote":1,"tweetType":1,"viewCount":1024,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127025541,"gmtCreate":1624805755083,"gmtModify":1633948474234,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127025541","repostId":"2146090006","repostType":4,"isVote":1,"tweetType":1,"viewCount":1289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808860049,"gmtCreate":1627569086181,"gmtModify":1633758199186,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/808860049","repostId":"1174127311","repostType":4,"isVote":1,"tweetType":1,"viewCount":927,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831878141,"gmtCreate":1629304667683,"gmtModify":1633685811673,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Going to sell away $20000 worth of tiger tmr.Be smart","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Going to sell away $20000 worth of tiger tmr.Be smart","text":"$Tiger Brokers(TIGR)$Going to sell away $20000 worth of tiger tmr.Be smart","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/831878141","isVote":1,"tweetType":1,"viewCount":2166,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808863473,"gmtCreate":1627569144692,"gmtModify":1633758197128,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Huiu","listText":"Huiu","text":"Huiu","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808863473","repostId":"1164040651","repostType":4,"repost":{"id":"1164040651","kind":"news","pubTimestamp":1627563297,"share":"https://www.laohu8.com/m/news/1164040651?lang=&edition=full","pubTime":"2021-07-29 20:54","market":"us","language":"en","title":"Credit Suisse Failed to Act on Archegos Risks, Report Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1164040651","media":"The Wall Street Journal","summary":"Credit Suisse GroupAG knew Archegos Capital Management was a massive risk and didn’t take actions to","content":"<p>Credit Suisse GroupAG&nbsp;knew Archegos Capital Management was a massive risk and didn’t take actions to fix it, according to an investigation the bank commissioned into the collapse of the family investment firm.</p>\n<p>The&nbsp;report released Thursday, prepared by a law firm for Credit Suisse, detailed how the bank for years granted Archegos special dispensation to avoid rules meant to protect the bank. It also ignored staff warnings before the family investment firm’s collapse.</p>\n<p>Archegos&nbsp;rocked Wall Street&nbsp;when large, concentrated positions it held in a few stocks went sour. Banks lost more than $10 billion exiting the trades. Credit Suisse fared the worst among Archegos’s lending banks, with more than $5.5 billion in losses. Archegos managed the family fortune of Bill Hwang, a former hedge-fund manager.</p>\n<p>Credit Suisse said Thursday it had lowered its overall risk appetite across the bank, adjusted its governance and is adding more people in risk management. It said all hedge-fund clients in the prime brokerage unit that traded with Archegos have been moved to a dynamic margining system—an upgrade of an earlier system that contributed to the losses.</p>\n<p>The Archegos losses, along with the collapse of Credit Suisse client Greensill Capital, prompted an existential rethink for the Swiss bank, which marries a giant wealth management business catering to the global rich along with a significant Wall Street presence serving corporations, hedge funds and companies. Nearly two dozen executives have left the bank.</p>\n<p>The report, produced by law firm Paul, Weiss, Rifkind, Wharton &amp; Garrison LLP, details a dysfunctional culture around protecting the bank from risks.</p>\n<p>“The business was focused on maximizing short-term profits and failed to rein in and, indeed, enabled Archegos’s voracious risk-taking,” the report said. “There were numerous warning signals” that Archegos’s positions posed potentially catastrophic risk” to Credit Suisse.</p>\n<p>The report doesn’t identify executives by name, but singles out for blame the bank’s then-head of equities and the risk managers involved in monitoring the Archegos trades. They “failed to heed these signs, despite evidence that some individuals did raise concerns appropriately.”</p>\n<p>Senior executives were late to find out about the situation, according to the report. The bank’s chief executive, Thomas Gottstein, said Thursday, “I only heard about Archegos basically when it hit the news. I wasn’t aware even about the existence of Archegos.”</p>\n<p>It found many of the employees involved were more focused on using superficial fixes. This included allowing Archegos to hedge its massive positions in just a few stocks with options tied to broad stock indexes. Credit risk managers questioned if those would effectively offset risks, but didn’t sufficiently challenge the move.</p>\n<p>It said the bank’s prime services business, which manages trades and financing for hedge funds, had “a lackadaisical attitude towards risk and risk discipline.”</p>\n<p>The report details Credit Suisse’s long history with Mr. Hwang, stretching back to his days running a hedge fund called Tiger Asia Management in 2003. He specialized in trading Asian stocks, taking long and short positions.</p>\n<p>Credit Suisse stuck with Mr. Hwang even after Tiger Asia settled insider trading allegations with the Securities and Exchange Commission and&nbsp;pleaded guilty&nbsp;to federal wire fraud charges in 2012.</p>\n<p>When Tiger Asia was banned from trading in Hong Kong, Credit Suisse helped Mr. Hwang move his trading activity—rechristened under the Archegos name—to New York, where he invested in U.S.-listed Asian companies, relaunching with around $500 million.</p>\n<p>“We have seen no evidence that CS applied any additional scrutiny to Tiger Asia or Hwang in response to these matters,” the report said.</p>\n<p>His assets swelled to $3.9 billion in 2016.</p>\n<p>Credit Suisse began waiving risk protections related to Mr. Hwang well before Archegos collapsed. In 2017, changes in Mr. Hwang’s trading prompted a 10% margin call, a common request by a bank to post more cash to back up positions as they became riskier. Credit Suisse waived the requirement and created a “bespoke weekly monitoring of Archegos.”</p>\n<p>Then in 2019, Archegos asked to lower its margin requirement, saying competitors were offering a better deal. The margin on the stock-linked derivatives he liked to invest in, known as total return swaps, dropped to 7.5% of the total invested from around 20%.</p>\n<p>In return, Archegos agreed to give Credit Suisse more power to close out its positions with little notice. But the report says these protections were “illusory, as the business appears to have had no intention of invoking them for fear of alienating the client.”</p>\n<p>Archegos’s trading took off in the spring of 2020. As its positions swelled, Archegos repeatedly breached key limits Credit Suisse risk managers had set.</p>\n<p>One type of limit, known as “potential exposure,” or the maximum the bank was likely to lose if markets went against Archegos, was set at $20 million. In April 2020, it was more than $200 million. By August, it swelled to $530 million. Risk managers ignored the warning, figuring a change in the bank’s methodology implemented earlier in the year had thrown off the calculation.</p>\n<p>Many of the findings of the report&nbsp;echo reporting&nbsp;from a June page one article in The Wall Street Journal, which highlighted the bank’s creaky risk-management systems that left it exposed to human errors in judgment.</p>\n<p>The report described what it called a “juniorization” of staff as experienced personnel left and a lack of investment in risk technology. Poor governance meant some key staff had to perform multiple roles, and they described feeling overwhelmed by the data and information they had to digest.</p>\n<p>The problems were amplified by a geographic split between New York and London, with neither co-head of prime services in the different cities believing he was responsible for supervising the Archegos relationship, according to the report.</p>\n<p>Credit Suisse on Thursday said it would look to reduce its use of co-headed positions and multi-hatted roles.</p>\n<p>The report listed repeated warning signs that the bank failed to act upon.</p>\n<p>In September 2020, a credit risk manager escalated concerns about the trades to his supervisor. An oversight committee reviewed the positions at a meeting that month but planned actions weren’t taken, the report said.</p>\n<p>Early in 2021, credit risk managers cut Archegos’s internal credit rating citing the firm’s “high performance volatility, concentrated portfolio, and increased use of leverage.” By Archegos’s own estimate, according to the report, it would take between two weeks and a month to liquidate its portfolio, a dangerously long time.</p>\n<p>The credit risk managers discussed requiring more margin collateral from Archegos, estimating it needed to post around another $1 billion, but the request was never made.</p>\n<p>In March, the counterparty oversight committee again discussed Archegos, by then the prime brokerage unit’s largest client in terms of position size. The committee decided Archegos would be moved to a dynamic margining system within the next couple of weeks, and if not Credit Suisse would ask for additional margin.</p>\n<p>The dynamic margining, which incorporates more real-time data such as market volatility and position concentration into margin calculations, would have made the trades safer, according to the report. In mid-March, Credit Suisse calculated Archegos would have to put up an additional $1.4 billion margin, and told Archegos it wanted to implement the new system the next week.</p>\n<p>Instead, Archegos canceled calls to discuss the step, and began requesting back margin it had at the bank, since the value of the shares it invested in—including&nbsp;ViacomCBS,Inc. and&nbsp;Discovery&nbsp;Inc.,had skyrocketed. In a fateful decision, Credit Suisse returned $2.4 billion in margin collateral to Archegos between March 1 and March 19.</p>\n<p>On March 23, Credit Suisse’s gross exposure to Archegos had grown to $27 billion.</p>\n<p>Credit Suisse released the Archegos report alongside its second-quarter earnings, which were worse than analysts expected and stood in contrast to a strong performance at other European banks. It reported billions in outflows from clients in Asia, which the bank attributed mainly to “proactive de-risking” to cut or reduce ties to some customers.</p>\n<p>The report was commissioned by a special committee of Credit Suisse’s board, which included former longtime bank executive Richard Meddings and former&nbsp;JPMorgan Chase&amp; Co. executive Blythe Masters. Paul Weiss’s Chairman Brad Karp oversaw the investigation.</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>Credit Suisse Failed to Act on Archegos Risks, Report Says</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\">\nCredit Suisse Failed to Act on Archegos Risks, Report Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-29 20:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.wsj.com/articles/credit-suisse-report-pins-archegos-disaster-on-fundamental-failure-of-management-and-controls-11627537722?mod=hp_lead_pos4><strong>The Wall Street Journal</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Credit Suisse GroupAG knew Archegos Capital Management was a massive risk and didn’t take actions to fix it, according to an investigation the bank commissioned into the collapse of the family ...</p>\n\n<a href=\"https://www.wsj.com/articles/credit-suisse-report-pins-archegos-disaster-on-fundamental-failure-of-management-and-controls-11627537722?mod=hp_lead_pos4\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.wsj.com/articles/credit-suisse-report-pins-archegos-disaster-on-fundamental-failure-of-management-and-controls-11627537722?mod=hp_lead_pos4","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1164040651","content_text":"Credit Suisse GroupAG knew Archegos Capital Management was a massive risk and didn’t take actions to fix it, according to an investigation the bank commissioned into the collapse of the family investment firm.\nThe report released Thursday, prepared by a law firm for Credit Suisse, detailed how the bank for years granted Archegos special dispensation to avoid rules meant to protect the bank. It also ignored staff warnings before the family investment firm’s collapse.\nArchegos rocked Wall Street when large, concentrated positions it held in a few stocks went sour. Banks lost more than $10 billion exiting the trades. Credit Suisse fared the worst among Archegos’s lending banks, with more than $5.5 billion in losses. Archegos managed the family fortune of Bill Hwang, a former hedge-fund manager.\nCredit Suisse said Thursday it had lowered its overall risk appetite across the bank, adjusted its governance and is adding more people in risk management. It said all hedge-fund clients in the prime brokerage unit that traded with Archegos have been moved to a dynamic margining system—an upgrade of an earlier system that contributed to the losses.\nThe Archegos losses, along with the collapse of Credit Suisse client Greensill Capital, prompted an existential rethink for the Swiss bank, which marries a giant wealth management business catering to the global rich along with a significant Wall Street presence serving corporations, hedge funds and companies. Nearly two dozen executives have left the bank.\nThe report, produced by law firm Paul, Weiss, Rifkind, Wharton & Garrison LLP, details a dysfunctional culture around protecting the bank from risks.\n“The business was focused on maximizing short-term profits and failed to rein in and, indeed, enabled Archegos’s voracious risk-taking,” the report said. “There were numerous warning signals” that Archegos’s positions posed potentially catastrophic risk” to Credit Suisse.\nThe report doesn’t identify executives by name, but singles out for blame the bank’s then-head of equities and the risk managers involved in monitoring the Archegos trades. They “failed to heed these signs, despite evidence that some individuals did raise concerns appropriately.”\nSenior executives were late to find out about the situation, according to the report. The bank’s chief executive, Thomas Gottstein, said Thursday, “I only heard about Archegos basically when it hit the news. I wasn’t aware even about the existence of Archegos.”\nIt found many of the employees involved were more focused on using superficial fixes. This included allowing Archegos to hedge its massive positions in just a few stocks with options tied to broad stock indexes. Credit risk managers questioned if those would effectively offset risks, but didn’t sufficiently challenge the move.\nIt said the bank’s prime services business, which manages trades and financing for hedge funds, had “a lackadaisical attitude towards risk and risk discipline.”\nThe report details Credit Suisse’s long history with Mr. Hwang, stretching back to his days running a hedge fund called Tiger Asia Management in 2003. He specialized in trading Asian stocks, taking long and short positions.\nCredit Suisse stuck with Mr. Hwang even after Tiger Asia settled insider trading allegations with the Securities and Exchange Commission and pleaded guilty to federal wire fraud charges in 2012.\nWhen Tiger Asia was banned from trading in Hong Kong, Credit Suisse helped Mr. Hwang move his trading activity—rechristened under the Archegos name—to New York, where he invested in U.S.-listed Asian companies, relaunching with around $500 million.\n“We have seen no evidence that CS applied any additional scrutiny to Tiger Asia or Hwang in response to these matters,” the report said.\nHis assets swelled to $3.9 billion in 2016.\nCredit Suisse began waiving risk protections related to Mr. Hwang well before Archegos collapsed. In 2017, changes in Mr. Hwang’s trading prompted a 10% margin call, a common request by a bank to post more cash to back up positions as they became riskier. Credit Suisse waived the requirement and created a “bespoke weekly monitoring of Archegos.”\nThen in 2019, Archegos asked to lower its margin requirement, saying competitors were offering a better deal. The margin on the stock-linked derivatives he liked to invest in, known as total return swaps, dropped to 7.5% of the total invested from around 20%.\nIn return, Archegos agreed to give Credit Suisse more power to close out its positions with little notice. But the report says these protections were “illusory, as the business appears to have had no intention of invoking them for fear of alienating the client.”\nArchegos’s trading took off in the spring of 2020. As its positions swelled, Archegos repeatedly breached key limits Credit Suisse risk managers had set.\nOne type of limit, known as “potential exposure,” or the maximum the bank was likely to lose if markets went against Archegos, was set at $20 million. In April 2020, it was more than $200 million. By August, it swelled to $530 million. Risk managers ignored the warning, figuring a change in the bank’s methodology implemented earlier in the year had thrown off the calculation.\nMany of the findings of the report echo reporting from a June page one article in The Wall Street Journal, which highlighted the bank’s creaky risk-management systems that left it exposed to human errors in judgment.\nThe report described what it called a “juniorization” of staff as experienced personnel left and a lack of investment in risk technology. Poor governance meant some key staff had to perform multiple roles, and they described feeling overwhelmed by the data and information they had to digest.\nThe problems were amplified by a geographic split between New York and London, with neither co-head of prime services in the different cities believing he was responsible for supervising the Archegos relationship, according to the report.\nCredit Suisse on Thursday said it would look to reduce its use of co-headed positions and multi-hatted roles.\nThe report listed repeated warning signs that the bank failed to act upon.\nIn September 2020, a credit risk manager escalated concerns about the trades to his supervisor. An oversight committee reviewed the positions at a meeting that month but planned actions weren’t taken, the report said.\nEarly in 2021, credit risk managers cut Archegos’s internal credit rating citing the firm’s “high performance volatility, concentrated portfolio, and increased use of leverage.” By Archegos’s own estimate, according to the report, it would take between two weeks and a month to liquidate its portfolio, a dangerously long time.\nThe credit risk managers discussed requiring more margin collateral from Archegos, estimating it needed to post around another $1 billion, but the request was never made.\nIn March, the counterparty oversight committee again discussed Archegos, by then the prime brokerage unit’s largest client in terms of position size. The committee decided Archegos would be moved to a dynamic margining system within the next couple of weeks, and if not Credit Suisse would ask for additional margin.\nThe dynamic margining, which incorporates more real-time data such as market volatility and position concentration into margin calculations, would have made the trades safer, according to the report. In mid-March, Credit Suisse calculated Archegos would have to put up an additional $1.4 billion margin, and told Archegos it wanted to implement the new system the next week.\nInstead, Archegos canceled calls to discuss the step, and began requesting back margin it had at the bank, since the value of the shares it invested in—including ViacomCBS,Inc. and Discovery Inc.,had skyrocketed. In a fateful decision, Credit Suisse returned $2.4 billion in margin collateral to Archegos between March 1 and March 19.\nOn March 23, Credit Suisse’s gross exposure to Archegos had grown to $27 billion.\nCredit Suisse released the Archegos report alongside its second-quarter earnings, which were worse than analysts expected and stood in contrast to a strong performance at other European banks. It reported billions in outflows from clients in Asia, which the bank attributed mainly to “proactive de-risking” to cut or reduce ties to some customers.\nThe report was commissioned by a special committee of Credit Suisse’s board, which included former longtime bank executive Richard Meddings and former JPMorgan Chase& Co. executive Blythe Masters. Paul Weiss’s Chairman Brad Karp oversaw the investigation.","news_type":1,"symbols_score_info":{"CS":0.9}},"isVote":1,"tweetType":1,"viewCount":1130,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127027624,"gmtCreate":1624805842168,"gmtModify":1633948472744,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Hi","listText":"Hi","text":"Hi","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/127027624","repostId":"1172737444","repostType":4,"repost":{"id":"1172737444","kind":"news","pubTimestamp":1624757040,"share":"https://www.laohu8.com/m/news/1172737444?lang=&edition=full","pubTime":"2021-06-27 09:24","market":"us","language":"en","title":"SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying","url":"https://stock-news.laohu8.com/highlight/detail?id=1172737444","media":"InvestorPlace","summary":"What goes up, must come down. But then it can go up again.","content":"<p><b>Virgin Galactic</b>(NYSE:<b><u>SPCE</u></b>) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA)&nbsp;approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.</p>\n<p>This further bolsters SPCE stock’s current out-of-this-world run.</p>\n<p><b>SPCE Stock’s Meteoric Rise</b></p>\n<p>Five weeks ago, this was a $15 stock.</p>\n<p>And even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.</p>\n<p>Virgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.</p>\n<p>Everything is firing on all cylinders at Virgin Galactic.</p>\n<p>We think this is the beginning of Virgin going from “cool concept” to “valuable business.”</p>\n<p>Over the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.</p>\n<p>And the company will be generating billions of dollars in high-margin revenue.</p>\n<p><b>It All Starts Now</b></p>\n<p>The future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.</p>\n<p>There is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.</p>\n<p>And as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.</p>\n<p>SPCE is one of my top picks in the<i>Space Race 2.0</i>megatrend. Long-term, this stock will score investors big returns.</p>\n<p>But it’s not the only high-growth, high-return stock on my radar today.</p>\n<p>In fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.</p>\n<p>These stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.</p>","source":"lsy1606302653667","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>SPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSPCE Stock:Wait for Virgin Galactic Stock to Return to Earth Before Buying\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-27 09:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, ...</p>\n\n<a href=\"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://investorplace.com/hypergrowthinvesting/2021/06/wait-for-space-bound-spce-stock-to-return-to-earth-before-buying/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1172737444","content_text":"Virgin Galactic(NYSE:SPCE) stock blasted off on Friday on news that the company announced it had landed Federal Aviation Administration (FAA) approval for full commercial space operations. Basically, Virgin Galactic can now fly paying customers into space, which is bullish for SPCE stock holders.\nThis further bolsters SPCE stock’s current out-of-this-world run.\nSPCE Stock’s Meteoric Rise\nFive weeks ago, this was a $15 stock.\nAnd even after an initial boom into the $20 range, we still recommended SPCE stock.We said it would continue to rise and would soon hit $50. And it did.\nVirgin Galactic flawlessly launched a successful test flight, announced tentative plans to fly Richard Branson into space over July 4th weekend and just now won FAA approval for full operations. As a result, we’ve hit that $50+ price point.\nEverything is firing on all cylinders at Virgin Galactic.\nWe think this is the beginning of Virgin going from “cool concept” to “valuable business.”\nOver the next six months, Virgin will start flying people into space. Over the next five years, those few-and-far-between flights will become more regular. And over the next 10 years, Virgin Galactic will be operating multiple spaceports. They’ll be flying dozens of people into space from those spaceports every single month.\nAnd the company will be generating billions of dollars in high-margin revenue.\nIt All Starts Now\nThe future is here and very, very bright. We love Virgin Galactic SPCE stock in the long term.\nThere is some concern with respect to valuation and short squeezing here, with SPCE stock pushing up against a historical barrier in terms of valuation. A lot of this recent rally can be attributed to short-sellers covering their positions. This cannot last forever.\nAnd as such, we expect a near-term pullback in SPCE stock. But that pullback will be a fantastic time to buy, because this stock is solid.\nSPCE is one of my top picks in theSpace Race 2.0megatrend. Long-term, this stock will score investors big returns.\nBut it’s not the only high-growth, high-return stock on my radar today.\nIn fact, I have more than 40 hypergrowth stocks that could score investors Amazon-like returns over the next months and years.\nThese stocks include the world’s most exciting autonomous vehicle startup, a world-class “Digitainment” stock creating the building blocks of the metaverse, a company that we fully believe is a “Tesla-killer,” and many more.","news_type":1,"symbols_score_info":{"SPCE":0.9}},"isVote":1,"tweetType":1,"viewCount":1042,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":838854605,"gmtCreate":1629386829507,"gmtModify":1633685208647,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D","text":"$Tiger Brokers(TIGR)$Dont give up guys gonna pump $50,000 woth of tiger stock.Lets bring tiger back boys .Lets pump:D","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/838854605","isVote":1,"tweetType":1,"viewCount":851,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":808868963,"gmtCreate":1627569176952,"gmtModify":1633758195961,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>No[What]&nbsp;","listText":"<a href=\"https://laohu8.com/S/TIGR\">$Tiger Brokers(TIGR)$</a>No[What]&nbsp;","text":"$Tiger Brokers(TIGR)$No[What]","images":[{"img":"https://static.tigerbbs.com/f954774d60f0791eeb3ffe337c530d0d","width":"1242","height":"1767"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808868963","isVote":1,"tweetType":1,"viewCount":933,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":808884822,"gmtCreate":1627569039366,"gmtModify":1633758200527,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","listText":"[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;[Smile]&nbsp;","text":"[Smile] [Smile] [Smile] [Smile] [Smile] [Smile]","images":[{"img":"https://static.tigerbbs.com/bdc04b949fed5f197fd3d1e6e3b5a28e","width":"1125","height":"3153"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/808884822","isVote":1,"tweetType":1,"viewCount":1088,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":128630828,"gmtCreate":1624512779064,"gmtModify":1634005005189,"author":{"id":"3576116977941496","authorId":"3576116977941496","name":"BenNN","avatar":"https://static.tigerbbs.com/d7d018a3026564d2f876a5da237390bb","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576116977941496","authorIdStr":"3576116977941496"},"themes":[],"htmlText":"Ijhhh","listText":"Ijhhh","text":"Ijhhh","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/128630828","isVote":1,"tweetType":1,"viewCount":220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}