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Jo118

Jo118

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2021-03-27

Like this comment

Zhihu Technology fall on its first day of trading

2021-04-13

Like this comment and like this comment too tq

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2021-04-04

Like my comment if you want to win, thanks

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2021-03-31

Comment on this pls, tq

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2021-05-18

Gg

Express stock surged 10% in Tuesday morning trading

2021-03-31

Please like this, tq!!!

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2021-04-15

Like this comment and I like back you

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2021-04-02

Like and comment on this pls, tq very much

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2021-03-23

Looking gooddddd

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2021-04-06

Like and comment in this post so your holdings will +100%

Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time

2021-03-09

Buy

WSB concept stocks rose collectively

2021-03-09

Yes

Buy Target Stock on the Dip, Analyst Says

2021-05-13

Like this comment plz

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2021-04-15

Like this comment, many thanks

Five things you didn't know about Bernie Madoff's epic scam

2021-04-07

Like this comment if to win 99999 in your holding

Online education platform Coursera has risen more than 70% since it went public

2021-04-05

Like my comment please

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2021-04-01

Good

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2021-03-30

Hi like this please

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2021-03-30

Like this comment tq

A little-known hedge fund caused widespread chaos on Wall Street

2021-03-29

Comment back pls

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stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621345231,"share":"https://www.laohu8.com/m/news/1165434763?lang=&edition=full","pubTime":"2021-05-18 21:40","market":"us","language":"en","title":"Express stock surged 10% in Tuesday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1165434763","media":"Tiger Newspress","summary":"Express stock surged 10% in Tuesday morning trading on brand unveiling Tiktok hashtag challenge for ","content":"<p>Express stock surged 10% in Tuesday morning trading&nbsp;on&nbsp;brand unveiling Tiktok hashtag challenge for customers to share their style as they return to doing what they love most.</p><p><img src=\"https://static.tigerbbs.com/9ab01fa1de7ebf9c339a7854e0fef973\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Express, Inc.  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By posting a TikTok video of the outfits they’ll be wearing as they get back to their favorite activities, along with hashtag #ExpressReentry and #ExpressContest, customers can enter to and may be selected by fashion expert and TV personality, Tan France, to win a gift card to put towards their summer wardrobe from Express.</p><p>\"The #ExpressReentry campaign is a way to connect our brand and our customers through a shared enthusiasm for style as we return to dressing for work, social gatherings and special occasions,\" said Sara Tervo, Express Executive Vice President and Chief Marketing Officer. \"TikTok is a cultural beacon and a place of discovery which made it the perfect platform for this idea.\"</p><p>The TikTok component of the #ExpressReentry campaign asks consumers to share what they plan to wear on an upcoming summer adventure or during the return tooneof the things they love. To participate, TikTok users can search the custom sound titled<i>#ExpressReentry - Tan France for Express</i>which features question prompts cueing video creators to share where they are from, an occasion they are looking forward to getting back to, and what they will be wearing. Beginning on May 17 and continuing through May 27, Tan France will be commenting on posted TikTok videos. After the contest period is over, selected, eligible winners will receive a gift card to Express. The brand has also partnered with actress and singer,<b>Elizabeth Gillies</b>,television personality &amp; podcast host,<b>Tayshia Adams</b>,and TikTok creators,<b>Rashad Little</b>,<b>TwoTrends</b>,<b>Niamh Adkins</b>,<b>Jess Wang</b>,<b>Ellie Zeiler</b>, and<b>Devan Anderson</b>,to create content across Instagram and TikTok, highlighting their own reentry style and to inspire customers to participate.</p><p>\"Fashion has always played such an important role in my life, and I’m excited to partner once again with the Express team to help inspire people with the incredible power of self-expression through style,\" said Tan France. \"I’ll be selecting the 20 TikTok submissions I find most creative so remember everyone, have fun with this #ExpressReentry campaign and be sure to Express YOU!\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPR":"Express, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165434763","content_text":"Express stock surged 10% in Tuesday morning trading on brand unveiling Tiktok hashtag challenge for customers to share their style as they return to doing what they love most.Express, Inc.  introduced its #ExpressReentry campaign and TikTok Hashtag Challenge to help customers reconnect with style as they reenter some pre-pandemic daily routines. By posting a TikTok video of the outfits they’ll be wearing as they get back to their favorite activities, along with hashtag #ExpressReentry and #ExpressContest, customers can enter to and may be selected by fashion expert and TV personality, Tan France, to win a gift card to put towards their summer wardrobe from Express.\"The #ExpressReentry campaign is a way to connect our brand and our customers through a shared enthusiasm for style as we return to dressing for work, social gatherings and special occasions,\" said Sara Tervo, Express Executive Vice President and Chief Marketing Officer. \"TikTok is a cultural beacon and a place of discovery which made it the perfect platform for this idea.\"The TikTok component of the #ExpressReentry campaign asks consumers to share what they plan to wear on an upcoming summer adventure or during the return tooneof the things they love. To participate, TikTok users can search the custom sound titled#ExpressReentry - Tan France for Expresswhich features question prompts cueing video creators to share where they are from, an occasion they are looking forward to getting back to, and what they will be wearing. Beginning on May 17 and continuing through May 27, Tan France will be commenting on posted TikTok videos. After the contest period is over, selected, eligible winners will receive a gift card to Express. The brand has also partnered with actress and singer,Elizabeth Gillies,television personality & podcast host,Tayshia Adams,and TikTok creators,Rashad Little,TwoTrends,Niamh Adkins,Jess Wang,Ellie Zeiler, andDevan Anderson,to create content across Instagram and TikTok, highlighting their own reentry style and to inspire customers to participate.\"Fashion has always played such an important role in my life, and I’m excited to partner once again with the Express team to help inspire people with the incredible power of self-expression through style,\" said Tan France. \"I’ll be selecting the 20 TikTok submissions I find most creative so remember everyone, have fun with this #ExpressReentry campaign and be sure to Express YOU!\"","news_type":1,"symbols_score_info":{"EXPR":0.9}},"isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198036762,"gmtCreate":1620913244656,"gmtModify":1634195341130,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment plz","listText":"Like this comment plz","text":"Like this comment plz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/198036762","repostId":"1191546739","repostType":4,"isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347694266,"gmtCreate":1618491445255,"gmtModify":1634292590512,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment and I like back you","listText":"Like this comment and I like back you","text":"Like this comment and I like back you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/347694266","repostId":"1107106238","repostType":4,"isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344556438,"gmtCreate":1618417764824,"gmtModify":1634293056227,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment, many thanks","listText":"Like this comment, many thanks","text":"Like this comment, many thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344556438","repostId":"1193132843","repostType":4,"repost":{"id":"1193132843","kind":"news","pubTimestamp":1618412729,"share":"https://www.laohu8.com/m/news/1193132843?lang=&edition=full","pubTime":"2021-04-14 23:05","market":"us","language":"en","title":"Five things you didn't know about Bernie Madoff's epic scam","url":"https://stock-news.laohu8.com/highlight/detail?id=1193132843","media":"cnn","summary":"New York (CNN)Editor's note: This story was originally published on December 11, 2013, and has been ","content":"<p>New York (CNN)<i>Editor's note: This story was originally published on December 11, 2013, and has been updated with Madoff's death.</i></p><p>Bernard Madoff, the man behind the most notorious Ponzi scheme in history, died while serving a 150-year sentence in Federal Prison at age 82.</p><p>He was arrested on Dec. 11, 2008 for bilking thousands of investors out of billions of dollars. He pleaded guilty three months later to charges of fraud, and was sentenced to 150 years in federal prison.</p><p>He was serving his term at the medium security Butner Federal Correctional Complex in North Carolina and was slated for release on Nov. 14, 2139.</p><p>The Madoff scandal has made headlines for years, but there is still a lot that people don't know about the biggest Ponzi scheme in history.</p><p><b>1. Only a fraction of Madoff's thousands of victims have gotten all of their money back.</b></p><p>Irving Picard, the court-appointed trustee in the Madoff case, has recovered more than $9.5 billion of the $20 billion in stolen assets.</p><p>About half of that -- nearly $4.9 billion -- has been distributed to Madoff victims. In addition, the Securities Investor Protection Corporation has provided $800 million in insurance to victims.</p><p>Swindled investors have filed 16,519 claims to Picard. So far, 1,107 have been fully reimbursed. Another 1,410 accounts are eligible for compensation and have been partially reimbursed.</p><p>The majority of the claims - nearly 11,000 - were rejected because they were from \"third party\" investors: They had invested with other financial firms that in turn invested with Madoff. But the third party investors will end up with some relief too. Last month, the Department of Justice set up a $2.35 billion fund for them.</p><p><b>2. Even now, nobody knows when Madoff's scheme started.</b></p><p>No one has been able to prove when Madoff began stealing from investors. Madoff himself has made contradictory claims about when the crime began. He told CNN Business in an interview earlier this year that it all started in 1987, but he later said the scheme began in 1992. Some reports say Madoff's epic crime may have started as early as the 1960s, when he began working on Wall Street.</p><p>Madoff's former account manager, Frank DiPascali, Jr., said in court testimony that financial misdeeds had been going on \"for as long as I remember.\" He started working at the firm in 1975.</p><p><b>3. Madoff didn't actually steal $65 billion.</b></p><p>His Ponzi scheme is often referred to as a $65 billion crime. In fact, he actually stole $20 billion in principal funds that were invested with him. However, his firm generated account statements telling investors that they earned returns making them worth a total of $65 billion. So as far as the people who'd entrusted their life savings with Madoff were concerned, they really did lose $65 billion. It's just that two-thirds of that money was a figment of Bernie's imagination.</p><p><b>4. Lawyers have pocketed about $800 million cleaning up Madoff's mess.</b></p><p>Picard and his firm are tasked with tracking down Madoff's stolen assets and redistributing them to his victims. This is a massive, international undertaking, much of which has been outsourced to other law firms. About $823.6 million in fees and expenses have been paid out to attorneys since Madoff's 2008 arrest. The lion's share -- $468.1 million -- went to BakerHostetler.</p><p><b>5. Life in prison isn't so bad, said Madoff. But he still can't sleep.</b></p><p>In an interview with CNN Business in May 2013, the 75-year-old fraudster said that he had a job making $40 a month wiping down phones and computers for a \"few hours a day.\" He believes he's well-respected by his fellow prisoners and said he spends much of his time reading newspapers and novels.</p><p>He wakes up early -- 4:30 a.m. -- not because he has to, but because he can't sleep. He is haunted, he said, by the suicide of his oldest son Mark, who hanged himself on Dec. 11, 2010 -- the second anniversary of his father's arrest.</p><p>\"I was responsible for my son Mark's death and that's very, very difficult,\" he said. \"I live with that.\"</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>Five things you didn't know about Bernie Madoff's epic scam</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\">\nFive things you didn't know about Bernie Madoff's epic scam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/04/14/business/bernard-madoff-ponzi-scheme/index.html?utm_source=optzlynewmarketribbon><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN)Editor's note: This story was originally published on December 11, 2013, and has been updated with Madoff's death.Bernard Madoff, the man behind the most notorious Ponzi scheme in ...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/14/business/bernard-madoff-ponzi-scheme/index.html?utm_source=optzlynewmarketribbon\">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://edition.cnn.com/2021/04/14/business/bernard-madoff-ponzi-scheme/index.html?utm_source=optzlynewmarketribbon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193132843","content_text":"New York (CNN)Editor's note: This story was originally published on December 11, 2013, and has been updated with Madoff's death.Bernard Madoff, the man behind the most notorious Ponzi scheme in history, died while serving a 150-year sentence in Federal Prison at age 82.He was arrested on Dec. 11, 2008 for bilking thousands of investors out of billions of dollars. He pleaded guilty three months later to charges of fraud, and was sentenced to 150 years in federal prison.He was serving his term at the medium security Butner Federal Correctional Complex in North Carolina and was slated for release on Nov. 14, 2139.The Madoff scandal has made headlines for years, but there is still a lot that people don't know about the biggest Ponzi scheme in history.1. Only a fraction of Madoff's thousands of victims have gotten all of their money back.Irving Picard, the court-appointed trustee in the Madoff case, has recovered more than $9.5 billion of the $20 billion in stolen assets.About half of that -- nearly $4.9 billion -- has been distributed to Madoff victims. In addition, the Securities Investor Protection Corporation has provided $800 million in insurance to victims.Swindled investors have filed 16,519 claims to Picard. So far, 1,107 have been fully reimbursed. Another 1,410 accounts are eligible for compensation and have been partially reimbursed.The majority of the claims - nearly 11,000 - were rejected because they were from \"third party\" investors: They had invested with other financial firms that in turn invested with Madoff. But the third party investors will end up with some relief too. Last month, the Department of Justice set up a $2.35 billion fund for them.2. Even now, nobody knows when Madoff's scheme started.No one has been able to prove when Madoff began stealing from investors. Madoff himself has made contradictory claims about when the crime began. He told CNN Business in an interview earlier this year that it all started in 1987, but he later said the scheme began in 1992. Some reports say Madoff's epic crime may have started as early as the 1960s, when he began working on Wall Street.Madoff's former account manager, Frank DiPascali, Jr., said in court testimony that financial misdeeds had been going on \"for as long as I remember.\" He started working at the firm in 1975.3. Madoff didn't actually steal $65 billion.His Ponzi scheme is often referred to as a $65 billion crime. In fact, he actually stole $20 billion in principal funds that were invested with him. However, his firm generated account statements telling investors that they earned returns making them worth a total of $65 billion. So as far as the people who'd entrusted their life savings with Madoff were concerned, they really did lose $65 billion. It's just that two-thirds of that money was a figment of Bernie's imagination.4. Lawyers have pocketed about $800 million cleaning up Madoff's mess.Picard and his firm are tasked with tracking down Madoff's stolen assets and redistributing them to his victims. This is a massive, international undertaking, much of which has been outsourced to other law firms. About $823.6 million in fees and expenses have been paid out to attorneys since Madoff's 2008 arrest. The lion's share -- $468.1 million -- went to BakerHostetler.5. Life in prison isn't so bad, said Madoff. But he still can't sleep.In an interview with CNN Business in May 2013, the 75-year-old fraudster said that he had a job making $40 a month wiping down phones and computers for a \"few hours a day.\" He believes he's well-respected by his fellow prisoners and said he spends much of his time reading newspapers and novels.He wakes up early -- 4:30 a.m. -- not because he has to, but because he can't sleep. He is haunted, he said, by the suicide of his oldest son Mark, who hanged himself on Dec. 11, 2010 -- the second anniversary of his father's arrest.\"I was responsible for my son Mark's death and that's very, very difficult,\" he said. \"I live with that.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345436416,"gmtCreate":1618328365735,"gmtModify":1634293662411,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Vaccine can play....","listText":"Vaccine can play....","text":"Vaccine can play....","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/345436416","repostId":"2127301527","repostType":4,"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345031476,"gmtCreate":1618257759195,"gmtModify":1634294153760,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment and like this comment too tq","listText":"Like this comment and like this comment too tq","text":"Like this comment and like this comment too tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/345031476","repostId":"2126060590","repostType":4,"isVote":1,"tweetType":1,"viewCount":1163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346997973,"gmtCreate":1617978673592,"gmtModify":1634295401067,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment and say something pls&nbsp;","listText":"Like this comment and say something pls&nbsp;","text":"Like this comment and say something pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/346997973","repostId":"1168300924","repostType":4,"repost":{"id":"1168300924","kind":"news","pubTimestamp":1617955250,"share":"https://www.laohu8.com/m/news/1168300924?lang=&edition=full","pubTime":"2021-04-09 16:00","market":"us","language":"en","title":"Next Week’s IPO Lineup Is Growing. It Could Be Busy.","url":"https://stock-news.laohu8.com/highlight/detail?id=1168300924","media":"barrons","summary":"The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.And Alkami Technology,a bank software company, and Karat Pa","content":"<p>The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.</p><p>Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.</p><p>And Alkami Technology,a bank software company, and Karat Packaging, whichmakes environmentally-friendly disposable food service products, are also reportedly going public.</p><p>This week, by way of contrast, two companies, Reneo Pharmaceuticals and VectivBio Holding, are listing. Both are small biotech companies that areslated to begin trading on the Nasdaq on Friday.</p><p>Applovin on Wednesday set terms for its initial public offering. It is offering 25 million shares at $75 to $85 each, which means it could raise as much as $2.13 billion if the stock sells at the high end of that range. The company plans to trade on the Nasdaq under the symbol APP.</p><p>Eighteen underwriters are listed in the Applovin prospectus, includingMorgan Stanley(ticker: MS),JPMorgan Chase(JPM),KKR,&nbsp;Bank of America‘s (BAC) BofA Securities, andCitigroup(C).</p><p>Founded in 2012, Applovin&nbsp;provides software&nbsp;used by mobile-game developers to grow their businesses.&nbsp; Some 410 million people a day open apps that contain Applovin software, according to the company. Applovin also has a portfolio of more than 200 free-to-play mobile games with 32 million daily users.</p><p>In 2018, KKRbought a minority stakein Applovin for $400 million, valuing Applovin at $2 billion at the time. Applovin in February acquired Adjust, a firm that helps mobile-app developers measure the performance of apps and prevent fraud, for $1 billion. KKR will own 67.4% of the company after the IPO, theprospectus said.</p><p>With 357,955,309 shares outstanding, Applovin’s market capitalization could hit $30 billion.</p><p>TuSimple also set terms for its IPO. The self-driving technology company could raise as much as $1.3 billion; it is offering nearly 34 million shares at $35 to $39 each. It will trade on the Nasdaq under the ticker TSP.</p><p>Morgan Stanley(MS),Citigroup,and J.P. Morgan (JPM) are lead bookrunners on the deal.</p><p>Founded in 2015, TuSimple is looking to transform the $800 billion trucking industry. The San Diego company, which has plants in Tucson, Shanghai, and Beijing, in addition to operations in Japan, is developing an autonomous freight network for long-haul, semi-trucks that it says will increase efficiency and safety on the road, while cutting operating costs.</p><p>TuSimple develops software for the Level 4 self-driving, long-haul trucks, which can see up to 1,000 meters away, equivalent to 30 seconds of driving time. High-definition maps provide accuracy within five centimeters.</p><p>The company is partnering withNavistar(NAV) to develop trucks for the North American market by 2024,its prospectus said. TuSimple has another partnership withVolkswagensubsidiary TRATON for trucks in Europe. Navistar, TRATON, and United Parcel Service (UPS) are all investors.</p><p>TuSimple has raised $800 million in funding, including a $350 million round in November led by VectoIQ.BlackRock(BR), Fidelity Management &amp; Research Co and Capital Group are in talks to buy up to 10.1 million TuSimple shares at the IPO price, the prospectus said.</p><p>The company will have 212,263,328 shares outstanding, meaning TuSimple’s market cap could climb to $8.3 billion. TuSimple, however, is not profitable. Losses widened to $177.9 million in 2020 from $84.9 million in 2019. Revenue jumped nearly 160% to $1.8 million in 2020.</p>","source":"lsy1601382232898","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>Next Week’s IPO Lineup Is Growing. It Could Be Busy.</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\">\nNext Week’s IPO Lineup Is Growing. It Could Be Busy.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-09 16:00 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/next-weeks-ipo-lineup-is-growing-it-could-be-busy-51617907448?mod=hp_LEAD_1_B_2><strong>barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.C...</p>\n\n<a href=\"https://www.barrons.com/articles/next-weeks-ipo-lineup-is-growing-it-could-be-busy-51617907448?mod=hp_LEAD_1_B_2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ALKT":"Alkami Technology, Inc.","APP":"AppLovin Corporation","KRT":"Karat Packaging Inc.","COIN":"Coinbase Global, Inc."},"source_url":"https://www.barrons.com/articles/next-weeks-ipo-lineup-is-growing-it-could-be-busy-51617907448?mod=hp_LEAD_1_B_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1168300924","content_text":"The second week of April is shaping up to be a relatively strong time for the IPO market. As many as four more companies are making their stock-market debuts, bringing the total to at least six.Coinbase, the largest U.S. cryptocurrency exchange,is slated to open for trading on Wednesday, April 14. Applovin and TuSimple are listing the next day, three people familiar with the situation said. Agilon Health ismaking its debut that Thursday.And Alkami Technology,a bank software company, and Karat Packaging, whichmakes environmentally-friendly disposable food service products, are also reportedly going public.This week, by way of contrast, two companies, Reneo Pharmaceuticals and VectivBio Holding, are listing. Both are small biotech companies that areslated to begin trading on the Nasdaq on Friday.Applovin on Wednesday set terms for its initial public offering. It is offering 25 million shares at $75 to $85 each, which means it could raise as much as $2.13 billion if the stock sells at the high end of that range. The company plans to trade on the Nasdaq under the symbol APP.Eighteen underwriters are listed in the Applovin prospectus, includingMorgan Stanley(ticker: MS),JPMorgan Chase(JPM),KKR, Bank of America‘s (BAC) BofA Securities, andCitigroup(C).Founded in 2012, Applovin provides software used by mobile-game developers to grow their businesses.  Some 410 million people a day open apps that contain Applovin software, according to the company. Applovin also has a portfolio of more than 200 free-to-play mobile games with 32 million daily users.In 2018, KKRbought a minority stakein Applovin for $400 million, valuing Applovin at $2 billion at the time. Applovin in February acquired Adjust, a firm that helps mobile-app developers measure the performance of apps and prevent fraud, for $1 billion. KKR will own 67.4% of the company after the IPO, theprospectus said.With 357,955,309 shares outstanding, Applovin’s market capitalization could hit $30 billion.TuSimple also set terms for its IPO. The self-driving technology company could raise as much as $1.3 billion; it is offering nearly 34 million shares at $35 to $39 each. It will trade on the Nasdaq under the ticker TSP.Morgan Stanley(MS),Citigroup,and J.P. Morgan (JPM) are lead bookrunners on the deal.Founded in 2015, TuSimple is looking to transform the $800 billion trucking industry. The San Diego company, which has plants in Tucson, Shanghai, and Beijing, in addition to operations in Japan, is developing an autonomous freight network for long-haul, semi-trucks that it says will increase efficiency and safety on the road, while cutting operating costs.TuSimple develops software for the Level 4 self-driving, long-haul trucks, which can see up to 1,000 meters away, equivalent to 30 seconds of driving time. High-definition maps provide accuracy within five centimeters.The company is partnering withNavistar(NAV) to develop trucks for the North American market by 2024,its prospectus said. TuSimple has another partnership withVolkswagensubsidiary TRATON for trucks in Europe. Navistar, TRATON, and United Parcel Service (UPS) are all investors.TuSimple has raised $800 million in funding, including a $350 million round in November led by VectoIQ.BlackRock(BR), Fidelity Management & Research Co and Capital Group are in talks to buy up to 10.1 million TuSimple shares at the IPO price, the prospectus said.The company will have 212,263,328 shares outstanding, meaning TuSimple’s market cap could climb to $8.3 billion. TuSimple, however, is not profitable. Losses widened to $177.9 million in 2020 from $84.9 million in 2019. Revenue jumped nearly 160% to $1.8 million in 2020.","news_type":1,"symbols_score_info":{"ALKT":0.9,"APP":0.9,"COIN":0.9,"KRT":0.9,"RPHM":0.9,"TSP":0.9,"VECT":0.9}},"isVote":1,"tweetType":1,"viewCount":983,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348392877,"gmtCreate":1617887228999,"gmtModify":1634295964320,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/348392877","repostId":"2125770852","repostType":4,"isVote":1,"tweetType":1,"viewCount":1251,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341839517,"gmtCreate":1617801643039,"gmtModify":1634296441246,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment if to win 99999 in your holding","listText":"Like this comment if to win 99999 in your holding","text":"Like this comment if to win 99999 in your holding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341839517","repostId":"1197775977","repostType":4,"repost":{"id":"1197775977","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617801298,"share":"https://www.laohu8.com/m/news/1197775977?lang=&edition=full","pubTime":"2021-04-07 21:14","market":"us","language":"en","title":"Online education platform Coursera has risen more than 70% since it went public","url":"https://stock-news.laohu8.com/highlight/detail?id=1197775977","media":"Tiger Newspress","summary":"Online education platform Coursera has risen more than 70% since it went public.The shares rose anot","content":"<p>Online&nbsp;education&nbsp;platform&nbsp;Coursera&nbsp;has&nbsp;risen&nbsp;more&nbsp;than&nbsp;70%&nbsp;since&nbsp;it&nbsp;went&nbsp;public.The&nbsp;shares&nbsp;rose another&nbsp;1.9% in Wednesday&nbsp;premarket action.</p><p><img src=\"https://static.tigerbbs.com/3f96576abdca25a7451887a104d5b166\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>The company priced its deal – for 15.7 million shares – at $33, which was at the high end of the $30 to $33 range. The stock jumped by 36%, bringing the market capitalization to $5.9 billion. Additionally, the lead underwriters on the IPO includedMorgan Stanley, Goldman Sachs, Citi and UBS Investment Bank.</p><p>The founders of Coursera are former Stanford professors Andrew Ng and Daphne Koller. In 2011, they posted some videos of their courses online, and the reception was strong, as more than 100,000 learners viewed them within a few weeks.</p><p>This would becomeoneof the pioneering examples of MOOCs (Massive Open Online Courses), but at the time, it was not clear if there was a viable business model. Would this be a good alternative to traditional instruction? What would the business model be?</p><p>Well, Ng and Koller kept at it – and Coursera continued to grow at a rapid pace.&nbsp; The cofounders also brought on savvy business managers to help scale the operations. In June 2017, they recruited Jeff Maggioncalda to take on the CEO spot. Before this, he was the CEO atFinancial Engines, which he took public.</p><p><b>Background On Coursera</b></p><p>The online educational model has a variety of advantages. For example, a student can get access to some of the world’s top instructors and there is also a diverse set of course offerings.</p><p>But Coursera has gone above and beyond, with the company focusing on providing curriculum to help its learners get high-paid jobs. To this end, it has forged partnerships with companies like Amazon (<b>AMZN</b>), C3ai (<b>AI</b>),IBM(<b>IBM</b>) and Alphabet (<b>GOOGL</b>).</p><p>It should also be noted that Coursera offers affordable courses, with the pricing starting at $39 per month. In addition, there are certificate programs that range from $2,000 to $6,000 as well as bachelor’s or master’s Degrees, which cost between $9,000 to $45,000.</p><p>In terms of the growth, Coursera has been experiencing an acceleration. Last year, revenues jumped by 59%, boosted by the COVID-19 pandemic. Educational institutions had little choice but to provide their courses online – and Coursera was a big help for this.</p><p>Now it’s true that net losses did increase from $46.7 million to $66.8 million, but this was mainly to build up the infrastructure to handle the influx of new learners, which came in at over 30 million last year.</p><p>As for the market opportunity, it is definitely large. According to analysis from HolonIQ, the global spending on online degrees was $36 billion in 2019, and is expected to hit $74 billion by 2025.</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>Online education platform Coursera has risen more than 70% since it went public</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\">\nOnline education platform Coursera has risen more than 70% since it went public\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-07 21:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Online&nbsp;education&nbsp;platform&nbsp;Coursera&nbsp;has&nbsp;risen&nbsp;more&nbsp;than&nbsp;70%&nbsp;since&nbsp;it&nbsp;went&nbsp;public.The&nbsp;shares&nbsp;rose another&nbsp;1.9% in Wednesday&nbsp;premarket action.</p><p><img src=\"https://static.tigerbbs.com/3f96576abdca25a7451887a104d5b166\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>The company priced its deal – for 15.7 million shares – at $33, which was at the high end of the $30 to $33 range. The stock jumped by 36%, bringing the market capitalization to $5.9 billion. Additionally, the lead underwriters on the IPO includedMorgan Stanley, Goldman Sachs, Citi and UBS Investment Bank.</p><p>The founders of Coursera are former Stanford professors Andrew Ng and Daphne Koller. In 2011, they posted some videos of their courses online, and the reception was strong, as more than 100,000 learners viewed them within a few weeks.</p><p>This would becomeoneof the pioneering examples of MOOCs (Massive Open Online Courses), but at the time, it was not clear if there was a viable business model. Would this be a good alternative to traditional instruction? What would the business model be?</p><p>Well, Ng and Koller kept at it – and Coursera continued to grow at a rapid pace.&nbsp; The cofounders also brought on savvy business managers to help scale the operations. In June 2017, they recruited Jeff Maggioncalda to take on the CEO spot. Before this, he was the CEO atFinancial Engines, which he took public.</p><p><b>Background On Coursera</b></p><p>The online educational model has a variety of advantages. For example, a student can get access to some of the world’s top instructors and there is also a diverse set of course offerings.</p><p>But Coursera has gone above and beyond, with the company focusing on providing curriculum to help its learners get high-paid jobs. To this end, it has forged partnerships with companies like Amazon (<b>AMZN</b>), C3ai (<b>AI</b>),IBM(<b>IBM</b>) and Alphabet (<b>GOOGL</b>).</p><p>It should also be noted that Coursera offers affordable courses, with the pricing starting at $39 per month. In addition, there are certificate programs that range from $2,000 to $6,000 as well as bachelor’s or master’s Degrees, which cost between $9,000 to $45,000.</p><p>In terms of the growth, Coursera has been experiencing an acceleration. Last year, revenues jumped by 59%, boosted by the COVID-19 pandemic. Educational institutions had little choice but to provide their courses online – and Coursera was a big help for this.</p><p>Now it’s true that net losses did increase from $46.7 million to $66.8 million, but this was mainly to build up the infrastructure to handle the influx of new learners, which came in at over 30 million last year.</p><p>As for the market opportunity, it is definitely large. According to analysis from HolonIQ, the global spending on online degrees was $36 billion in 2019, and is expected to hit $74 billion by 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COUR":"Coursera, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197775977","content_text":"Online education platform Coursera has risen more than 70% since it went public.The shares rose another 1.9% in Wednesday premarket action.The company priced its deal – for 15.7 million shares – at $33, which was at the high end of the $30 to $33 range. The stock jumped by 36%, bringing the market capitalization to $5.9 billion. Additionally, the lead underwriters on the IPO includedMorgan Stanley, Goldman Sachs, Citi and UBS Investment Bank.The founders of Coursera are former Stanford professors Andrew Ng and Daphne Koller. In 2011, they posted some videos of their courses online, and the reception was strong, as more than 100,000 learners viewed them within a few weeks.This would becomeoneof the pioneering examples of MOOCs (Massive Open Online Courses), but at the time, it was not clear if there was a viable business model. Would this be a good alternative to traditional instruction? What would the business model be?Well, Ng and Koller kept at it – and Coursera continued to grow at a rapid pace.  The cofounders also brought on savvy business managers to help scale the operations. In June 2017, they recruited Jeff Maggioncalda to take on the CEO spot. Before this, he was the CEO atFinancial Engines, which he took public.Background On CourseraThe online educational model has a variety of advantages. For example, a student can get access to some of the world’s top instructors and there is also a diverse set of course offerings.But Coursera has gone above and beyond, with the company focusing on providing curriculum to help its learners get high-paid jobs. To this end, it has forged partnerships with companies like Amazon (AMZN), C3ai (AI),IBM(IBM) and Alphabet (GOOGL).It should also be noted that Coursera offers affordable courses, with the pricing starting at $39 per month. In addition, there are certificate programs that range from $2,000 to $6,000 as well as bachelor’s or master’s Degrees, which cost between $9,000 to $45,000.In terms of the growth, Coursera has been experiencing an acceleration. Last year, revenues jumped by 59%, boosted by the COVID-19 pandemic. Educational institutions had little choice but to provide their courses online – and Coursera was a big help for this.Now it’s true that net losses did increase from $46.7 million to $66.8 million, but this was mainly to build up the infrastructure to handle the influx of new learners, which came in at over 30 million last year.As for the market opportunity, it is definitely large. According to analysis from HolonIQ, the global spending on online degrees was $36 billion in 2019, and is expected to hit $74 billion by 2025.","news_type":1,"symbols_score_info":{"COUR":0.9}},"isVote":1,"tweetType":1,"viewCount":1931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343661929,"gmtCreate":1617713994861,"gmtModify":1634296979687,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like and comment in this post so your holdings will +100%","listText":"Like and comment in this post so your holdings will +100%","text":"Like and comment in this post so your holdings will +100%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/343661929","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://www.laohu8.com/m/news/1101907559?lang=&edition=full","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","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>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349647426,"gmtCreate":1617610647265,"gmtModify":1634297607153,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like my comment please&nbsp;","listText":"Like my comment please&nbsp;","text":"Like my comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349647426","repostId":"2125509847","repostType":4,"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349039396,"gmtCreate":1617503159115,"gmtModify":1634520760005,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like my comment if you want to win, thanks","listText":"Like my comment if you want to win, thanks","text":"Like my comment if you want to win, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/349039396","repostId":"2124875875","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340117270,"gmtCreate":1617355545390,"gmtModify":1634521263486,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like and comment on this pls, tq very much","listText":"Like and comment on this pls, tq very much","text":"Like and comment on this pls, tq very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/340117270","repostId":"2124732330","repostType":4,"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340117815,"gmtCreate":1617355507637,"gmtModify":1634521263729,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Comment on it.","listText":"Comment on it.","text":"Comment on it.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340117815","repostId":"1180941072","repostType":4,"isVote":1,"tweetType":1,"viewCount":406,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340117331,"gmtCreate":1617355463823,"gmtModify":1634521263952,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/340117331","repostId":"1113135434","repostType":4,"repost":{"id":"1113135434","kind":"news","pubTimestamp":1617351698,"share":"https://www.laohu8.com/m/news/1113135434?lang=&edition=full","pubTime":"2021-04-02 16:21","market":"us","language":"en","title":"A Moment Out of Favor Makes AMD A Must-Buy Growth Stock","url":"https://stock-news.laohu8.com/highlight/detail?id=1113135434","media":"investorplace","summary":"It wasn’t that long ago thatAdvanced Micro Devices(NASDAQ:AMD) looked like it wouldn’t even survive,","content":"<p>It wasn’t that long ago that<b>Advanced Micro Devices</b>(NASDAQ:<b><u>AMD</u></b>) looked like it wouldn’t even survive, let alone thrive. A few years later though and this stock has been a life-changing holding for some investors. AMD stock has gone from $2 in 2016 to almost $100 in January of 2021.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/49d2d17a48ac9f1f61c9ed51f5147b05\" tg-width=\"300\" tg-height=\"169\"><span>Source: Fabio Alcini / Shutterstock.com</span></p>\n<p>For investors that don’t understand this industry, they may think this run is being fueled by some sort of easy-money policy at the Federal Reserve. Where dovish monetary policy is helping to drive a disconnect from reality and fueling a period of overvaluation.</p>\n<p>Actions from the Fed certainly help the bull market. However, that isn’t the reason AMD stock has had such success. No, that’s been the strong leadership from management and the company’s market share.</p>\n<p>As of now, there’s no reason to bet on that changing anytime soon.</p>\n<p>Don’t Underestimate AMD</p>\n<p>Day by day, technology becomes more powerful. Graphics get better, speeds get quicker and users demand more from their products. Whether that user is an at-home gamer on a PC or a data scientist mining millions (or billions) of pieces of information.</p>\n<p>To make these tasks a reality, a company like Advanced Micro Devices is needed. The company’s graphics processing units (GPUs) have improved considerably in the past few years. Coupled with a tightly-run ship andtaking market share from its competition, the company has vaulted toward the top of its industry.</p>\n<p>The question then becomes, is its move higher sustainable? I believe the answer is yes.</p>\n<p>AMD has secular growth driving its business right now. After a robust 2020, consensus expectations call for another strong year in 2021. Analysts expect revenue to jump 38% to $13.5 billion and for earnings to grow 53% to $1.97 a share.</p>\n<p>At roughly $80 a share, that values AMD stock at about 40 times forward earnings. That might get some bemoaning from the value crowd, but this is a high-growth stock. Its valuation (at least based on profit) has been higher than this in the past and that hasn’t slowed the stock’s run at all.</p>\n<p>Plus consider its forward estimates, which call for 28% earnings growth in 2022. On the revenue front, analysts expect roughly 15% growth next year and18% growth in the following year.</p>\n<p>Forward estimates are tough to get a handle on — particularly for this group. The market previously underestimated AMD bya wide, wide margin&nbsp;as the company ultimately saw a<i>huge</i>pull-forward in business in 2020.</p>\n<p>Let’s put it this way. Its 2020 results ended up beating what analysts expected in 2021.It was a huge year.</p>\n<p>And now analysts expect almost 40% revenue growth this year. Who’s to say estimates for 2022 and 2023 aren’t too conservative?</p>\n<p>Breaking Down AMD Stock</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8312cf07a874752c276278271f9eca14\" tg-width=\"300\" tg-height=\"196\"><span>Source: Chart courtesy ofTrendSpider</span></p>\n<p>Advanced Micro Devices is years ahead of where the market thought it would be a few years ago. To say it hasn’t been priced like that wouldn’t be fair. However, it wouldn’t be fair to say that AMD stock has rallied far too much either.</p>\n<p>The stock is up about 100% over the past 12 months, but that figure is cherry-picked, because it comes right off the 2020 lows. From the pre-coronavirus 2020 highs, shares are up “just” 32%.Further, AMD is flat over the last six months and actually<i>down 15%so far this year</i>.</p>\n<p>That’s despite all of the extra growth AMD has harnessed over the past 12 months.</p>\n<p>For long-term bulls looking to buy intoattractive secular growth themes, AMD stock is a must-buy holding. Then you take into consideration all that CEO Lisa Su has done and the entity becomes even more attractive.</p>\n<p>The company has bolstered its assets and notably reduced its debt. This balance sheet overhaul has allowed Advanced Micro to drop $35 billion on a big acquisition. Granted, it’s an all-stock deal, not cash, but without the company’s financial improvements, AMD would have never been able to make the move.</p>\n<p>Further, managementexpects the deal to be“immediately accretive to AMD margins, cash flow and EPS.”</p>\n<p>That’s great news, because an improvement to its margins have already allowed the bottom line to expand considerably, while free cash flow has surged in the right direction.Everything the company is doing should have bulls’ attention right now.</p>\n<p>Currently down over 20% from the highs, I would be a buyer of the current dip.</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>A Moment Out of Favor Makes AMD A Must-Buy Growth Stock</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\">\nA Moment Out of Favor Makes AMD A Must-Buy Growth Stock\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 16:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2021/04/a-moment-out-of-favor-makes-amd-a-must-buy-growth-stock/><strong>investorplace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It wasn’t that long ago thatAdvanced Micro Devices(NASDAQ:AMD) looked like it wouldn’t even survive, let alone thrive. A few years later though and this stock has been a life-changing holding for some...</p>\n\n<a href=\"https://investorplace.com/2021/04/a-moment-out-of-favor-makes-amd-a-must-buy-growth-stock/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMD":"美国超微公司"},"source_url":"https://investorplace.com/2021/04/a-moment-out-of-favor-makes-amd-a-must-buy-growth-stock/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1113135434","content_text":"It wasn’t that long ago thatAdvanced Micro Devices(NASDAQ:AMD) looked like it wouldn’t even survive, let alone thrive. A few years later though and this stock has been a life-changing holding for some investors. AMD stock has gone from $2 in 2016 to almost $100 in January of 2021.\nSource: Fabio Alcini / Shutterstock.com\nFor investors that don’t understand this industry, they may think this run is being fueled by some sort of easy-money policy at the Federal Reserve. Where dovish monetary policy is helping to drive a disconnect from reality and fueling a period of overvaluation.\nActions from the Fed certainly help the bull market. However, that isn’t the reason AMD stock has had such success. No, that’s been the strong leadership from management and the company’s market share.\nAs of now, there’s no reason to bet on that changing anytime soon.\nDon’t Underestimate AMD\nDay by day, technology becomes more powerful. Graphics get better, speeds get quicker and users demand more from their products. Whether that user is an at-home gamer on a PC or a data scientist mining millions (or billions) of pieces of information.\nTo make these tasks a reality, a company like Advanced Micro Devices is needed. The company’s graphics processing units (GPUs) have improved considerably in the past few years. Coupled with a tightly-run ship andtaking market share from its competition, the company has vaulted toward the top of its industry.\nThe question then becomes, is its move higher sustainable? I believe the answer is yes.\nAMD has secular growth driving its business right now. After a robust 2020, consensus expectations call for another strong year in 2021. Analysts expect revenue to jump 38% to $13.5 billion and for earnings to grow 53% to $1.97 a share.\nAt roughly $80 a share, that values AMD stock at about 40 times forward earnings. That might get some bemoaning from the value crowd, but this is a high-growth stock. Its valuation (at least based on profit) has been higher than this in the past and that hasn’t slowed the stock’s run at all.\nPlus consider its forward estimates, which call for 28% earnings growth in 2022. On the revenue front, analysts expect roughly 15% growth next year and18% growth in the following year.\nForward estimates are tough to get a handle on — particularly for this group. The market previously underestimated AMD bya wide, wide margin as the company ultimately saw ahugepull-forward in business in 2020.\nLet’s put it this way. Its 2020 results ended up beating what analysts expected in 2021.It was a huge year.\nAnd now analysts expect almost 40% revenue growth this year. Who’s to say estimates for 2022 and 2023 aren’t too conservative?\nBreaking Down AMD Stock\nSource: Chart courtesy ofTrendSpider\nAdvanced Micro Devices is years ahead of where the market thought it would be a few years ago. To say it hasn’t been priced like that wouldn’t be fair. However, it wouldn’t be fair to say that AMD stock has rallied far too much either.\nThe stock is up about 100% over the past 12 months, but that figure is cherry-picked, because it comes right off the 2020 lows. From the pre-coronavirus 2020 highs, shares are up “just” 32%.Further, AMD is flat over the last six months and actuallydown 15%so far this year.\nThat’s despite all of the extra growth AMD has harnessed over the past 12 months.\nFor long-term bulls looking to buy intoattractive secular growth themes, AMD stock is a must-buy holding. Then you take into consideration all that CEO Lisa Su has done and the entity becomes even more attractive.\nThe company has bolstered its assets and notably reduced its debt. This balance sheet overhaul has allowed Advanced Micro to drop $35 billion on a big acquisition. Granted, it’s an all-stock deal, not cash, but without the company’s financial improvements, AMD would have never been able to make the move.\nFurther, managementexpects the deal to be“immediately accretive to AMD margins, cash flow and EPS.”\nThat’s great news, because an improvement to its margins have already allowed the bottom line to expand considerably, while free cash flow has surged in the right direction.Everything the company is doing should have bulls’ attention right now.\nCurrently down over 20% from the highs, I would be a buyer of the current dip.","news_type":1,"symbols_score_info":{"AMD":0.9}},"isVote":1,"tweetType":1,"viewCount":314,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357908215,"gmtCreate":1617226646237,"gmtModify":1634521998629,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/357908215","repostId":"2123795275","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354347156,"gmtCreate":1617148164075,"gmtModify":1634522451811,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Comment on this pls, tq","listText":"Comment on this pls, tq","text":"Comment on this pls, tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/354347156","repostId":"1120257160","repostType":4,"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354344496,"gmtCreate":1617148123815,"gmtModify":1634522452153,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Please like this, tq!!!","listText":"Please like this, tq!!!","text":"Please like this, tq!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354344496","repostId":"1197036473","repostType":4,"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355749658,"gmtCreate":1617109355374,"gmtModify":1634522621292,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Hahahahah","listText":"Hahahahah","text":"Hahahahah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/355749658","repostId":"2123729756","repostType":4,"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":352097642,"gmtCreate":1616826223786,"gmtModify":1634523796378,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment&nbsp;","listText":"Like this comment&nbsp;","text":"Like this comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/352097642","repostId":"1141686975","repostType":4,"repost":{"id":"1141686975","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1616780260,"share":"https://www.laohu8.com/m/news/1141686975?lang=&edition=full","pubTime":"2021-03-27 01:37","market":"us","language":"en","title":"Zhihu Technology fall on its first day of trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1141686975","media":"Tiger Newspress","summary":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO pri","content":"<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Zhihu Technology fall on its first day of trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nZhihu Technology fall on its first day of trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-03-27 01:37</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Zhihu Technology shares opened at $8.02&nbsp;each on Friday, about 15.6% lower than the company’s IPO price&nbsp;$9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.</p><p><img src=\"https://static.tigerbbs.com/4672a089b4ebb0a889cbfbeb32b48594\" tg-width=\"1920\" tg-height=\"959\" referrerpolicy=\"no-referrer\"></p><p>Zhihu Inc.&nbsp;announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.</p><p>Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.</p><p><b>Sales Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.</p><p>Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.</p><p><b>Gross Margins</b></p><p>The company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.</p><p><b>Total Operating Expenses and Operating Margins</b></p><p>Total operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&amp;A and R&amp;D expenses as a percentage of revenues in the next five years.</p><p><img src=\"https://static.tigerbbs.com/c019cc86f4d4c1d9ffe15d3b4a4bfa75\" tg-width=\"772\" tg-height=\"480\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/ef629be32d2c34d625cb287ad648206d\" tg-width=\"757\" tg-height=\"488\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/b9561a02993fbc88c2cad88e68c08730\" tg-width=\"920\" tg-height=\"485\" referrerpolicy=\"no-referrer\"></p><p><b>Company Background</b></p><p>At the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.</p><p>In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.</p><p>Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&amp;As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.</p><p><b>Major Shareholders of Zhihu</b></p><p>The founder &amp; CEO&nbsp;Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.</p><p><b>Key Demographics</b></p><p>The diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.</p><p><img src=\"https://static.tigerbbs.com/524d689472daad1c99491d74dfdbfe24\" tg-width=\"295\" tg-height=\"389\" referrerpolicy=\"no-referrer\"></p><p><b>Revenue Breakdown</b></p><p>Advertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.</p><p>Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.</p><p>In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions &amp; answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.</p><p>Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.</p><p>China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).</p><p><b>Market Opportunities</b></p><p><b>China’s Online Content Communities Market Size</b></p><p>Online content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.</p><p>China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.</p><p>China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.</p><p>One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.</p><p><b>China's Online Content Market</b></p><p>China's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.</p><p><b>China’s Online Content Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/69a7db9cacf26245273702a255aabdb8\" tg-width=\"573\" tg-height=\"258\" referrerpolicy=\"no-referrer\"></p><p><b>Market Size of China’s Online Content Communities (in terms of revenue),2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/aee42792caf4aa2cbdcd17f757a75727\" tg-width=\"584\" tg-height=\"285\" referrerpolicy=\"no-referrer\"></p><p><b>China’s Paid Membership Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/77ff121d78cb1dd922d524a78570152e\" tg-width=\"520\" tg-height=\"286\" referrerpolicy=\"no-referrer\"></p><p><b>Content-commerce solutions</b></p><p>To provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.</p><p><b>China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E</b></p><p><img src=\"https://static.tigerbbs.com/01a230d3fb2d4cf4aeeebfd5c3c691c3\" tg-width=\"520\" tg-height=\"269\" referrerpolicy=\"no-referrer\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ZH":"知乎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141686975","content_text":"Zhihu Technology shares opened at $8.02 each on Friday, about 15.6% lower than the company’s IPO price $9.5.Zhihu IPO prices at low end of the range, valuing company at about $5.3 billion.Zhihu Inc. announced Friday the pricing of its initial public offering, at $9.50 per American depositary share, which was at the low end of the expected range. The China-based online content company offered 55 million ADS in the IPO to raise $522.5 million, while the pricing valued the company at about $5.31 billion.Zhihu has a similar business model as Quora where millions of people ask questions and exchange their views and experiences. Zhihu has become the largest online question and answer community in China.Sales BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. We estimate advertising as a percentage of revenues to gradually decline in the next five years as it is offset by the faster growing Paid Memberships and Content Commerce Solutions. We estimate advertising as a percentage of sales to decline to 34.1% in 2021 and 22.3% in 2025.Paid Memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. We have assumed Paid Membership revenues as a percentage of total revenues to increase to 31.5% in 2021 and 37.8% in 2025.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans. We have assumed Content Commerce Solutions as a percentage of total revenue to jump from 10% in 2020 to 17.8% in 2021 and 32.3% in 2025.Gross MarginsThe company's gross margins improved from 46.6% in 2019 to 56.0% in 2020, driven by an overall improving business scalability. We have assumed further improvements in gross margins to 57.4% in 2021 and 62.3% in 2025.Total Operating Expenses and Operating MarginsTotal operating expenses as a percentage of revenues declined significantly from 204.4% in 2019 to 100.6% in 2020. We expect this ratio to improve further to 79% in 2021, 69.2% in 2022, and 57.2% in 2025. The bulk of the improvements in operating expenses is coming from lower SG&A and R&D expenses as a percentage of revenues in the next five years.Company BackgroundAt the end of 2020, Zhihu had more than 43.1 million cumulative content creators that contributed 315 million questions and answers. In 4Q 2020, the company had 75.7 million average monthly active users, up 33% YoY. One of the key strengths of the company is that it is recognized as one of the most trustworthy online content communities and regarded as providing one of the highest quality content in China. Zhihu has tried to capitalize on its large user base to provide numerous multimedia functions including live streaming, e-commerce, online education, and other video content.In August 2019, Zhihu received $434 million in funding from leading investors including Baidu and Kuaishou Technology, valuing the company at $3.5 billion. Given that the company had $97 million in sales in 2019, this would suggest a P/S valuation multiple of 36x. If we take the same P/S multiple apply to the company's 2020 sales of $207 million, this would suggest an implied valuation of $7.5 billion.Zhihu was originally developed as a question and answer online community in 2010. At the end of 2020, there were a total of 315 million Q&As spanning more than 1,000 verticals and 571,000 topics. Zhihu is one of the top five comprehensive online content communities in China, in terms of average mobile MAUs and revenue in 2020. The company uses artificial intelligence, cloud, and big data algorithms to improve the optimization of its content and services.Major Shareholders of ZhihuThe founder & CEO Zhou Yuanowns an 8.2% stake in the company (but 46.6% voting rights). Sinovation Ventures owns a 13.1% stake and Tencent Holdings Ltd. owns a 12.3% stake of Zhihu.Key DemographicsThe diagram below provides some of the key demographics of Zhihu user base. Males accounted for 56.9% of total users. People under 30 years old accounted for 78.7% of its total user base. Tier I and new tier I cities represented 52.6% of total user base. Many of the users of Zhihu are students and white collar professionals.Revenue BreakdownAdvertising and paid memberships account for the biggest portion of the company's revenues. Advertising accounted for 86.1% and 62.4% of total revenues in 2019 and 2020, respectively. The company's advertising revenue is mainly driven by its MAUs and advertising revenue per MAU. The company's MAUs increased by 42.7% YoY to 68.5 million in 2020. The company started its online advertising business in 2016 and introduced paid content in 2018.Paid memberships represented 13.1% of total revenues in 2019, which increased to 23.7% of total revenues in 2020. Average monthly members jumped by 311.5% YoY to 2.36 million in 2020, which is a testament of an increasing number of customers that value the premium content available on Zhihu.In March 2019, the company introduced the Yan Selection membership program, making it the first payment-based questions & answers community. It provides its members with unlimited access to about 3.4 million paid content including online lectures, columns, audio books, and e-journals. This is one of the biggest strengths of the company as it shows how high quality data and content can generate serious amount of revenues and it also provides a more steady monthly revenue inflow.Content Commerce Solutions and Other sales also increased sharply in 2020. Content Commerce Solutions revenues jumped from 0.6 million RMB in 2019 to 135.8 million RMB in 2020. In early 2020, the company launched Content-Commerce solutions, which provide merchants and brands a one-stop shop for all of their sales and marketing needs, including marketing plans, assigning the most relevant content creators to interested users, and facilitating content creation.China's content-commerce solution market is expected to be one of the fastest growing sectors in the next several years. According to CIC Consultancy, China's content-commerce solution market is expected to enjoy a strong CAGR growth of 46.4% from 2019 to 2025 (112.3 billion RMB).Market OpportunitiesChina’s Online Content Communities Market SizeOnline content communities refer to UGC (user generated content)-focused (including PUGC (professional user generated content) focused online content market players where content creators are also users, who are actively engaged within the communities. The content communities generally can stimulate higher level of user engagement, more interactive user experience, and enjoy lower content cost, compared to PGC (professionally generated content) players. PGC is content created by the branded company or organization.China's online content communities market size increased from 38.6 billion RMB in 2015 to 275.8 billion RMB in 2019 and is further expected to rise to 1.3 trillion RMB in 2025, representing a CAGR of 30.3% from 2019 to 2025, which is higher than the overall online content market growth.China's online content community market has more diversified monetization channels including online advertising, paid membership, content e-commerce, content-commerce solutions, virtual gifting in live streaming, online games, and online education services. In comparison, the US online content community's monetization is mainly through advertising.One of the major positives about the company is the growing trend of more Chinese consumers that are willing to pay money for higher quality content. The number of paying users in China’s online content communities is expected to increase at a CAGR of 17.1% between 2019 and 2025, which means an increase of 360.4 million extra paying users of online content communities to 588.2 million in 2025.China's Online Content MarketChina's online content market tripled from 2015 to reach 1.2 trillion RMB in 2019. This market is expected to increase to 3.7 trillion RMB in 2025, representing a CAGR of 21.4% from 2019 to 2025.China’s Online Content Market Size (in terms of revenue), 2015-2025EMarket Size of China’s Online Content Communities (in terms of revenue),2015-2025EChina’s Paid Membership Market Size (in terms of revenue), 2015-2025EContent-commerce solutionsTo provide integrated marketing services, the online content communities provide content-commerce solutions for content creation, content distribution, and content conversion. The company provides integrated content-commerce solutions, providing merchants and brands one-stop services for all their sales and marketing needs, from making marketing plans, facilitating content creation, assigning the most relevant content creators, to distributing to the interested users. China's content commerce solution market is expected to grow from 11.4 billion RMB in 2019 to 112.3 billion RMB in 2025, at a CAGR of 46.4%.China’s Content-Commerce Solution Market Size (in terms of revenue), 2015-2025E","news_type":1,"symbols_score_info":{"ZH":0.9}},"isVote":1,"tweetType":1,"viewCount":225,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":345031476,"gmtCreate":1618257759195,"gmtModify":1634294153760,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment and like this comment too tq","listText":"Like this comment and like this comment too tq","text":"Like this comment and like this comment too tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/345031476","repostId":"2126060590","repostType":4,"isVote":1,"tweetType":1,"viewCount":1163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349039396,"gmtCreate":1617503159115,"gmtModify":1634520760005,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like my comment if you want to win, thanks","listText":"Like my comment if you want to win, thanks","text":"Like my comment if you want to win, thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/349039396","repostId":"2124875875","repostType":4,"isVote":1,"tweetType":1,"viewCount":338,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354347156,"gmtCreate":1617148164075,"gmtModify":1634522451811,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Comment on this pls, tq","listText":"Comment on this pls, tq","text":"Comment on this pls, tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/354347156","repostId":"1120257160","repostType":4,"isVote":1,"tweetType":1,"viewCount":440,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194378214,"gmtCreate":1621345824538,"gmtModify":1634192275885,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Gg","listText":"Gg","text":"Gg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/194378214","repostId":"1165434763","repostType":4,"repost":{"id":"1165434763","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1621345231,"share":"https://www.laohu8.com/m/news/1165434763?lang=&edition=full","pubTime":"2021-05-18 21:40","market":"us","language":"en","title":"Express stock surged 10% in Tuesday morning trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1165434763","media":"Tiger Newspress","summary":"Express stock surged 10% in Tuesday morning trading on brand unveiling Tiktok hashtag challenge for ","content":"<p>Express stock surged 10% in Tuesday morning trading&nbsp;on&nbsp;brand unveiling Tiktok hashtag challenge for customers to share their style as they return to doing what they love most.</p><p><img src=\"https://static.tigerbbs.com/9ab01fa1de7ebf9c339a7854e0fef973\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Express, Inc.  introduced its #ExpressReentry campaign and TikTok Hashtag Challenge to help customers reconnect with style as they reenter some pre-pandemic daily routines. By posting a TikTok video of the outfits they’ll be wearing as they get back to their favorite activities, along with hashtag #ExpressReentry and #ExpressContest, customers can enter to and may be selected by fashion expert and TV personality, Tan France, to win a gift card to put towards their summer wardrobe from Express.</p><p>\"The #ExpressReentry campaign is a way to connect our brand and our customers through a shared enthusiasm for style as we return to dressing for work, social gatherings and special occasions,\" said Sara Tervo, Express Executive Vice President and Chief Marketing Officer. \"TikTok is a cultural beacon and a place of discovery which made it the perfect platform for this idea.\"</p><p>The TikTok component of the #ExpressReentry campaign asks consumers to share what they plan to wear on an upcoming summer adventure or during the return tooneof the things they love. To participate, TikTok users can search the custom sound titled<i>#ExpressReentry - Tan France for Express</i>which features question prompts cueing video creators to share where they are from, an occasion they are looking forward to getting back to, and what they will be wearing. Beginning on May 17 and continuing through May 27, Tan France will be commenting on posted TikTok videos. After the contest period is over, selected, eligible winners will receive a gift card to Express. The brand has also partnered with actress and singer,<b>Elizabeth Gillies</b>,television personality &amp; podcast host,<b>Tayshia Adams</b>,and TikTok creators,<b>Rashad Little</b>,<b>TwoTrends</b>,<b>Niamh Adkins</b>,<b>Jess Wang</b>,<b>Ellie Zeiler</b>, and<b>Devan Anderson</b>,to create content across Instagram and TikTok, highlighting their own reentry style and to inspire customers to participate.</p><p>\"Fashion has always played such an important role in my life, and I’m excited to partner once again with the Express team to help inspire people with the incredible power of self-expression through style,\" said Tan France. \"I’ll be selecting the 20 TikTok submissions I find most creative so remember everyone, have fun with this #ExpressReentry campaign and be sure to Express YOU!\"</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>Express stock surged 10% in Tuesday morning trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExpress stock surged 10% in Tuesday morning trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-05-18 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Express stock surged 10% in Tuesday morning trading&nbsp;on&nbsp;brand unveiling Tiktok hashtag challenge for customers to share their style as they return to doing what they love most.</p><p><img src=\"https://static.tigerbbs.com/9ab01fa1de7ebf9c339a7854e0fef973\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>Express, Inc.  introduced its #ExpressReentry campaign and TikTok Hashtag Challenge to help customers reconnect with style as they reenter some pre-pandemic daily routines. By posting a TikTok video of the outfits they’ll be wearing as they get back to their favorite activities, along with hashtag #ExpressReentry and #ExpressContest, customers can enter to and may be selected by fashion expert and TV personality, Tan France, to win a gift card to put towards their summer wardrobe from Express.</p><p>\"The #ExpressReentry campaign is a way to connect our brand and our customers through a shared enthusiasm for style as we return to dressing for work, social gatherings and special occasions,\" said Sara Tervo, Express Executive Vice President and Chief Marketing Officer. \"TikTok is a cultural beacon and a place of discovery which made it the perfect platform for this idea.\"</p><p>The TikTok component of the #ExpressReentry campaign asks consumers to share what they plan to wear on an upcoming summer adventure or during the return tooneof the things they love. To participate, TikTok users can search the custom sound titled<i>#ExpressReentry - Tan France for Express</i>which features question prompts cueing video creators to share where they are from, an occasion they are looking forward to getting back to, and what they will be wearing. Beginning on May 17 and continuing through May 27, Tan France will be commenting on posted TikTok videos. After the contest period is over, selected, eligible winners will receive a gift card to Express. The brand has also partnered with actress and singer,<b>Elizabeth Gillies</b>,television personality &amp; podcast host,<b>Tayshia Adams</b>,and TikTok creators,<b>Rashad Little</b>,<b>TwoTrends</b>,<b>Niamh Adkins</b>,<b>Jess Wang</b>,<b>Ellie Zeiler</b>, and<b>Devan Anderson</b>,to create content across Instagram and TikTok, highlighting their own reentry style and to inspire customers to participate.</p><p>\"Fashion has always played such an important role in my life, and I’m excited to partner once again with the Express team to help inspire people with the incredible power of self-expression through style,\" said Tan France. \"I’ll be selecting the 20 TikTok submissions I find most creative so remember everyone, have fun with this #ExpressReentry campaign and be sure to Express YOU!\"</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPR":"Express, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165434763","content_text":"Express stock surged 10% in Tuesday morning trading on brand unveiling Tiktok hashtag challenge for customers to share their style as they return to doing what they love most.Express, Inc.  introduced its #ExpressReentry campaign and TikTok Hashtag Challenge to help customers reconnect with style as they reenter some pre-pandemic daily routines. By posting a TikTok video of the outfits they’ll be wearing as they get back to their favorite activities, along with hashtag #ExpressReentry and #ExpressContest, customers can enter to and may be selected by fashion expert and TV personality, Tan France, to win a gift card to put towards their summer wardrobe from Express.\"The #ExpressReentry campaign is a way to connect our brand and our customers through a shared enthusiasm for style as we return to dressing for work, social gatherings and special occasions,\" said Sara Tervo, Express Executive Vice President and Chief Marketing Officer. \"TikTok is a cultural beacon and a place of discovery which made it the perfect platform for this idea.\"The TikTok component of the #ExpressReentry campaign asks consumers to share what they plan to wear on an upcoming summer adventure or during the return tooneof the things they love. To participate, TikTok users can search the custom sound titled#ExpressReentry - Tan France for Expresswhich features question prompts cueing video creators to share where they are from, an occasion they are looking forward to getting back to, and what they will be wearing. Beginning on May 17 and continuing through May 27, Tan France will be commenting on posted TikTok videos. After the contest period is over, selected, eligible winners will receive a gift card to Express. The brand has also partnered with actress and singer,Elizabeth Gillies,television personality & podcast host,Tayshia Adams,and TikTok creators,Rashad Little,TwoTrends,Niamh Adkins,Jess Wang,Ellie Zeiler, andDevan Anderson,to create content across Instagram and TikTok, highlighting their own reentry style and to inspire customers to participate.\"Fashion has always played such an important role in my life, and I’m excited to partner once again with the Express team to help inspire people with the incredible power of self-expression through style,\" said Tan France. \"I’ll be selecting the 20 TikTok submissions I find most creative so remember everyone, have fun with this #ExpressReentry campaign and be sure to Express YOU!\"","news_type":1,"symbols_score_info":{"EXPR":0.9}},"isVote":1,"tweetType":1,"viewCount":998,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354344496,"gmtCreate":1617148123815,"gmtModify":1634522452153,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Please like this, tq!!!","listText":"Please like this, tq!!!","text":"Please like this, tq!!!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/354344496","repostId":"1197036473","repostType":4,"isVote":1,"tweetType":1,"viewCount":453,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347694266,"gmtCreate":1618491445255,"gmtModify":1634292590512,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment and I like back you","listText":"Like this comment and I like back you","text":"Like this comment and I like back you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/347694266","repostId":"1107106238","repostType":4,"isVote":1,"tweetType":1,"viewCount":1481,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340117270,"gmtCreate":1617355545390,"gmtModify":1634521263486,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like and comment on this pls, tq very much","listText":"Like and comment on this pls, tq very much","text":"Like and comment on this pls, tq very much","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/340117270","repostId":"2124732330","repostType":4,"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":353253103,"gmtCreate":1616503813502,"gmtModify":1634525496717,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Looking gooddddd","listText":"Looking gooddddd","text":"Looking gooddddd","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/353253103","repostId":"2121084489","repostType":4,"isVote":1,"tweetType":1,"viewCount":148,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":343661929,"gmtCreate":1617713994861,"gmtModify":1634296979687,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like and comment in this post so your holdings will +100%","listText":"Like and comment in this post so your holdings will +100%","text":"Like and comment in this post so your holdings will +100%","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/343661929","repostId":"1101907559","repostType":4,"repost":{"id":"1101907559","kind":"news","pubTimestamp":1617672655,"share":"https://www.laohu8.com/m/news/1101907559?lang=&edition=full","pubTime":"2021-04-06 09:30","market":"us","language":"en","title":"Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time","url":"https://stock-news.laohu8.com/highlight/detail?id=1101907559","media":"marketwatch","summary":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management. Its reach and operating practices were","content":"<blockquote>\n <b>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.</b>\n</blockquote>\n<p>Financial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.</p>\n<p>In 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.</p>\n<p>Exactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.</p>\n<p>The trend? Every 10 years or so, and they all look different.&nbsp;Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?</p>\n<p>A family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.</p>\n<p><b>Unregulated money managers</b></p>\n<p>Here’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)</p>\n<p>This appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player&nbsp;Vipshop Holdings&nbsp;Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company&nbsp;GSX Techedu&nbsp;Inc.GSX,-10.63%and U.S. media companiesViacomCBS&nbsp;Inc.VIAC,-3.90%and&nbsp;Discovery&nbsp;Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.</p>\n<p>The problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including&nbsp;Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%,&nbsp;Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc.&nbsp;NMR,+1.87%.</p>\n<p>But since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre&nbsp;reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.</p>\n<p><b>Danger of counterparty risk</b></p>\n<p>This is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.</p>\n<p>So is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.</p>\n<p>One peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.</p>\n<p>But federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.</p>\n<p><b>Yellen on the case</b></p>\n<p>This issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”</p>\n<p>Most financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.</p>\n<p>The Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?</p>","source":"lsy1603348471595","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>Opinion: Financial crises get triggered about every 10 years — Archegos might be right on time</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\">\nOpinion: Financial crises get triggered about every 10 years — Archegos might be right on time\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-06 09:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page><strong>marketwatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of ...</p>\n\n<a href=\"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite","SPY":"标普500ETF"},"source_url":"https://www.marketwatch.com/story/financial-crises-happen-about-every-10-years-which-makes-the-archegos-meltdown-unnerving-11617634942?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101907559","content_text":"No one, for now, can say for sure that the so-called family office’s billions in investment losses won’t spread.\n\nFinancial crises are never quite the same. During the late 1980s, nearly a third of the nation’s savings and loan associations failed, ending with a taxpayer bailout — in 2021 terms — of about $265 billion.\nIn 1997-1998, financial crises in Asia and Russia led to the near meltdown of the largest hedge fund in the U.S. —Long-Term Capital Management(LTCM). Its reach and operating practices were such that Federal Reserve Chairman Alan Greenspan said that when LTCM failed, “he had never seen anything in his lifetime that compared to the terror” he felt. LTCM was deemed “too big to fail,” and he engineered a bailout by 14 major U.S. financial institutions.\nExactly a decade later, too much leverage by some of those very institutions, and the bursting of a U.S. real estate bubble, led to the near collapse of the U.S. financial system. Once again, big banks were deemed too big to fail and taxpayers came to the rescue.\nThe trend? Every 10 years or so, and they all look different. Are we in the early stages of a new crisis now, with the blowup at the family office Archegos Capital Management LP?\nA family office, for the uninitiated, is a private wealth management vehicle for the ultra-wealthy. Here’s what I mean by ultra-wealthy: Consulting firm EY estimates there are some 10,000 family offices globally, but manage, says a separate estimate by market research firm Campden Research, nearly $6 trillion. That $6 trillion is likely far higher now given that it’s based on 2019 data.\nUnregulated money managers\nHere’s the potential danger. Family offices generally aren’t regulated. The 1940 Investment Advisers Act says firms with 15 clients or fewer don’t have to register with the Securities and Exchange Commission. What this means is that trillions of dollars are in play and no one can really say who’s running the money, what it’s invested in, how much leverage is being used, and what kind of counterparty risk may exist. (Counterparty risk is the probability that one party involved in a financial transaction could default on a contractual obligation to someone else.)\nThis appears to be the case with Archegos. The firm bet heavily on certain Chinese stocks, including e-commerce player Vipshop Holdings Ltd.VIPS,-1.19%,U.S.-listed Chinese tutoring company GSX Techedu Inc.GSX,-10.63%and U.S. media companiesViacomCBS Inc.VIAC,-3.90%and Discovery Inc.DISCA,-3.86%,among others. Share prices have tumbled lately, sparking large sales — some $30 billion — by Archegos.\nThe problem is that only about a third of that, or $10 billion, was its own money. We now know that Archegos worked with some of the biggest names on Wall Street, including Credit Suisse Group AGCS,+1.59%,UBS Group AGUBS,+1.01%,Goldman Sachs Group Inc.GS,-1.25%, Morgan StanleyMS,-0.28%,Deutsche Bank AGDB,+0.74%and Nomura Holdings Inc. NMR,+1.87%.\nBut since family offices are largely allowed to operate unregulated, who’s to say how much money is really involved here and what the extent of market risk is? My colleague Mark DeCambre reported last week that Archegos’ true exposures to bad trades could actuallybe closer to $100 billion.\nDanger of counterparty risk\nThis is where counterparty risk comes in. As Archegos’ bets went south, the above banks — looking at losses of their own — hit the firm with margin calls. Deutsche quickly dumped about $4 billion in holdings, while Goldman and Morgan Stanley are also said to have unwound their positions, perhaps limiting their downside.\nSo is this a financial crisis? It doesn’t appear to be. Even so, the Securities and Exchange Commission has opened a preliminary investigation into Archegos and its founder, Bill Hwang.\nOne peer, Tom Lee, the research chief of Fundstrat Global Advisors, calls Hwang one of the “top 10 of the best investment minds” he knows.\nBut federal regulators may have a lesser opinion. In 2012, Hwang’s former hedge fund, Tiger Asia Management, pleaded guilty and paid more than $60 million in penalties after it was accused of trading on illegal tips about Chinese banks. The SEC banned Hwang from managing money on behalf of clients — essentially booting him from the hedge fund industry. So Hwang opened Archegos, and again, family offices aren’t generally aren’t regulated.\nYellen on the case\nThis issue is on Treasury Secretary Janet Yellen’s radar. She said last week that greater oversight of these private corners of the financial industry is needed. The Financial Stability Oversight Council (FSOC), which she oversees, has revived a task force to help agencies better “share data, identify risks and work to strengthen our financial system.”\nMost financial crises end up with American taxpayers getting stuck with the tab. Gains belong to the risk-takers. But losses — they belong to us. To paraphrase Abe Lincoln, family offices — a multi-trillion dollar industry largely allowed to operate in the shadows in a global financial system that is more intertwined than ever — are of the super-wealthy, by the super-wealthy and for the super-wealthy. And no one else.\nThe Archegos collapse may or may not be the beginning of yet another financial crisis. But who’s to say what thousands of other family offices are doing with their trillions, and whether similar problems could blow up?","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":376,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329853337,"gmtCreate":1615223135729,"gmtModify":1703485992232,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Buy","listText":"Buy","text":"Buy","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/329853337","repostId":"1118883159","repostType":4,"repost":{"id":"1118883159","kind":"news","weMediaInfo":{"introduction":"为用户提供金融资讯、行情、数据，旨在帮助投资者理解世界，做投资决策。","home_visible":1,"media_name":"老虎资讯综合","id":"102","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1615216678,"share":"https://www.laohu8.com/m/news/1118883159?lang=&edition=full","pubTime":"2021-03-08 23:17","market":"us","language":"en","title":"WSB concept stocks rose collectively","url":"https://stock-news.laohu8.com/highlight/detail?id=1118883159","media":"老虎资讯综合","summary":"WSB concept stocks rose collectively,Naked up 18%,GameStop up 13%,Rocket Companies up 12%,Express up","content":"<p>WSB concept stocks rose collectively,Naked up 18%,GameStop up 13%,Rocket Companies up 12%,Express up 10%,AMC up 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/574a9079011da3972cbe8cf4609a6c80\" tg-width=\"373\" tg-height=\"723\"></p>\n<p></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>WSB concept stocks rose collectively</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\">\nWSB concept stocks rose collectively\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/102\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">老虎资讯综合 </p>\n<p class=\"h-time\">2021-03-08 23:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>WSB concept stocks rose collectively,Naked up 18%,GameStop up 13%,Rocket Companies up 12%,Express up 10%,AMC up 6%.</p>\n<p><img src=\"https://static.tigerbbs.com/574a9079011da3972cbe8cf4609a6c80\" tg-width=\"373\" tg-height=\"723\"></p>\n<p></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"EXPR":"Express, Inc.","GME":"游戏驿站","RKT":"Rocket Companies"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1118883159","content_text":"WSB concept stocks rose collectively,Naked up 18%,GameStop up 13%,Rocket Companies up 12%,Express up 10%,AMC up 6%.","news_type":1,"symbols_score_info":{"EXPR":0.9,"GME":0.9,"NAKD":0.9,"RKT":0.9}},"isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":329859842,"gmtCreate":1615223039686,"gmtModify":1703485991032,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Yes","listText":"Yes","text":"Yes","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/329859842","repostId":"1130305981","repostType":4,"repost":{"id":"1130305981","kind":"news","pubTimestamp":1615217480,"share":"https://www.laohu8.com/m/news/1130305981?lang=&edition=full","pubTime":"2021-03-08 23:31","market":"us","language":"en","title":"Buy Target Stock on the Dip, Analyst Says","url":"https://stock-news.laohu8.com/highlight/detail?id=1130305981","media":"Barrons","summary":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its store","content":"<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.</p>\n<p>Analyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.</p>\n<p>Drbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.</p>\n<p>“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.</p>\n<p>Second, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.</p>\n<p>Finally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”</p>\n<p>Target stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.</p>","source":"lsy1601382232898","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>Buy Target Stock on the Dip, Analyst 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\">\nBuy Target Stock on the Dip, Analyst Says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-08 23:31 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet ...</p>\n\n<a href=\"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.barrons.com/articles/buy-target-stock-on-the-dip-analyst-says-51615214880?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1130305981","content_text":"Targetstock soared in 2020, as the Covid-19 pandemic funneled millions of new customers to its stores and website, yet that rally has stalled as investors look toward an end to the crisis. Yet Guggenheim argues that Target’s advantage is here to stay, and that selloff is a buying opportunity.\nAnalyst Robert Drbul boosted his rating on Target (ticker: TGT) to Buy from Neutral, and established a $200 price target on Monday. He writes that he has “admired the execution and performance of the company over the past year and have been waiting for a pullback to become more constructive.” With the shares off some 6% last week,despite another upbeat earnings report, that time has come.\nDrbul sees three main reasons to be bullish on Target. First, he notes the tremendous growth the company saw last year, when it grew revenue by $15 billion, more than the company had grown over the prior 11 years combined.\n“Target proved fulfill-from-store can work, driving share gains and meeting an unprecedented demand led by a rise in digital demand,” he writes, and while he had “stubbornly been skeptical” of the company’s ability to execute as well as major competitors such asWalmart(WMT) andAmazon.com(AMZN), those fears have been laid to rest, leading him to think that these three retailers will keep their pandemic market-share gains.\nSecond, he also likes the company’s expanding partnerships with key brands, includingLevi Strauss(LEVI), Ulta Beauty (ULTA), andWalt Disney(DIS). He notes that these high-profile agreements with popular consumer brands could be a “tipping point for vendors,” as they drive more and more traffic to Target.\nFinally, Drbul is upbeat about the U.S. consumer in 2021: While unemployment remains an issue, government stimulus and greater savings rates should allow for more shopping. “We expect Target to fully participate in the discretionary spending increase in 2021, led by its apparel offering.”\nTarget stock is up 1.4% to $175 in recent trading. The shares are up 66% in the past 12 months but have fallen 2.2% year to date. Other analysts have also argued that therecent selloff is overdone.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":198036762,"gmtCreate":1620913244656,"gmtModify":1634195341130,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment plz","listText":"Like this comment plz","text":"Like this comment plz","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/198036762","repostId":"1191546739","repostType":4,"isVote":1,"tweetType":1,"viewCount":1339,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":344556438,"gmtCreate":1618417764824,"gmtModify":1634293056227,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment, many thanks","listText":"Like this comment, many thanks","text":"Like this comment, many thanks","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/344556438","repostId":"1193132843","repostType":4,"repost":{"id":"1193132843","kind":"news","pubTimestamp":1618412729,"share":"https://www.laohu8.com/m/news/1193132843?lang=&edition=full","pubTime":"2021-04-14 23:05","market":"us","language":"en","title":"Five things you didn't know about Bernie Madoff's epic scam","url":"https://stock-news.laohu8.com/highlight/detail?id=1193132843","media":"cnn","summary":"New York (CNN)Editor's note: This story was originally published on December 11, 2013, and has been ","content":"<p>New York (CNN)<i>Editor's note: This story was originally published on December 11, 2013, and has been updated with Madoff's death.</i></p><p>Bernard Madoff, the man behind the most notorious Ponzi scheme in history, died while serving a 150-year sentence in Federal Prison at age 82.</p><p>He was arrested on Dec. 11, 2008 for bilking thousands of investors out of billions of dollars. He pleaded guilty three months later to charges of fraud, and was sentenced to 150 years in federal prison.</p><p>He was serving his term at the medium security Butner Federal Correctional Complex in North Carolina and was slated for release on Nov. 14, 2139.</p><p>The Madoff scandal has made headlines for years, but there is still a lot that people don't know about the biggest Ponzi scheme in history.</p><p><b>1. Only a fraction of Madoff's thousands of victims have gotten all of their money back.</b></p><p>Irving Picard, the court-appointed trustee in the Madoff case, has recovered more than $9.5 billion of the $20 billion in stolen assets.</p><p>About half of that -- nearly $4.9 billion -- has been distributed to Madoff victims. In addition, the Securities Investor Protection Corporation has provided $800 million in insurance to victims.</p><p>Swindled investors have filed 16,519 claims to Picard. So far, 1,107 have been fully reimbursed. Another 1,410 accounts are eligible for compensation and have been partially reimbursed.</p><p>The majority of the claims - nearly 11,000 - were rejected because they were from \"third party\" investors: They had invested with other financial firms that in turn invested with Madoff. But the third party investors will end up with some relief too. Last month, the Department of Justice set up a $2.35 billion fund for them.</p><p><b>2. Even now, nobody knows when Madoff's scheme started.</b></p><p>No one has been able to prove when Madoff began stealing from investors. Madoff himself has made contradictory claims about when the crime began. He told CNN Business in an interview earlier this year that it all started in 1987, but he later said the scheme began in 1992. Some reports say Madoff's epic crime may have started as early as the 1960s, when he began working on Wall Street.</p><p>Madoff's former account manager, Frank DiPascali, Jr., said in court testimony that financial misdeeds had been going on \"for as long as I remember.\" He started working at the firm in 1975.</p><p><b>3. Madoff didn't actually steal $65 billion.</b></p><p>His Ponzi scheme is often referred to as a $65 billion crime. In fact, he actually stole $20 billion in principal funds that were invested with him. However, his firm generated account statements telling investors that they earned returns making them worth a total of $65 billion. So as far as the people who'd entrusted their life savings with Madoff were concerned, they really did lose $65 billion. It's just that two-thirds of that money was a figment of Bernie's imagination.</p><p><b>4. Lawyers have pocketed about $800 million cleaning up Madoff's mess.</b></p><p>Picard and his firm are tasked with tracking down Madoff's stolen assets and redistributing them to his victims. This is a massive, international undertaking, much of which has been outsourced to other law firms. About $823.6 million in fees and expenses have been paid out to attorneys since Madoff's 2008 arrest. The lion's share -- $468.1 million -- went to BakerHostetler.</p><p><b>5. Life in prison isn't so bad, said Madoff. But he still can't sleep.</b></p><p>In an interview with CNN Business in May 2013, the 75-year-old fraudster said that he had a job making $40 a month wiping down phones and computers for a \"few hours a day.\" He believes he's well-respected by his fellow prisoners and said he spends much of his time reading newspapers and novels.</p><p>He wakes up early -- 4:30 a.m. -- not because he has to, but because he can't sleep. He is haunted, he said, by the suicide of his oldest son Mark, who hanged himself on Dec. 11, 2010 -- the second anniversary of his father's arrest.</p><p>\"I was responsible for my son Mark's death and that's very, very difficult,\" he said. \"I live with that.\"</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>Five things you didn't know about Bernie Madoff's epic scam</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\">\nFive things you didn't know about Bernie Madoff's epic scam\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-14 23:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/04/14/business/bernard-madoff-ponzi-scheme/index.html?utm_source=optzlynewmarketribbon><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN)Editor's note: This story was originally published on December 11, 2013, and has been updated with Madoff's death.Bernard Madoff, the man behind the most notorious Ponzi scheme in ...</p>\n\n<a href=\"https://edition.cnn.com/2021/04/14/business/bernard-madoff-ponzi-scheme/index.html?utm_source=optzlynewmarketribbon\">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://edition.cnn.com/2021/04/14/business/bernard-madoff-ponzi-scheme/index.html?utm_source=optzlynewmarketribbon","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1193132843","content_text":"New York (CNN)Editor's note: This story was originally published on December 11, 2013, and has been updated with Madoff's death.Bernard Madoff, the man behind the most notorious Ponzi scheme in history, died while serving a 150-year sentence in Federal Prison at age 82.He was arrested on Dec. 11, 2008 for bilking thousands of investors out of billions of dollars. He pleaded guilty three months later to charges of fraud, and was sentenced to 150 years in federal prison.He was serving his term at the medium security Butner Federal Correctional Complex in North Carolina and was slated for release on Nov. 14, 2139.The Madoff scandal has made headlines for years, but there is still a lot that people don't know about the biggest Ponzi scheme in history.1. Only a fraction of Madoff's thousands of victims have gotten all of their money back.Irving Picard, the court-appointed trustee in the Madoff case, has recovered more than $9.5 billion of the $20 billion in stolen assets.About half of that -- nearly $4.9 billion -- has been distributed to Madoff victims. In addition, the Securities Investor Protection Corporation has provided $800 million in insurance to victims.Swindled investors have filed 16,519 claims to Picard. So far, 1,107 have been fully reimbursed. Another 1,410 accounts are eligible for compensation and have been partially reimbursed.The majority of the claims - nearly 11,000 - were rejected because they were from \"third party\" investors: They had invested with other financial firms that in turn invested with Madoff. But the third party investors will end up with some relief too. Last month, the Department of Justice set up a $2.35 billion fund for them.2. Even now, nobody knows when Madoff's scheme started.No one has been able to prove when Madoff began stealing from investors. Madoff himself has made contradictory claims about when the crime began. He told CNN Business in an interview earlier this year that it all started in 1987, but he later said the scheme began in 1992. Some reports say Madoff's epic crime may have started as early as the 1960s, when he began working on Wall Street.Madoff's former account manager, Frank DiPascali, Jr., said in court testimony that financial misdeeds had been going on \"for as long as I remember.\" He started working at the firm in 1975.3. Madoff didn't actually steal $65 billion.His Ponzi scheme is often referred to as a $65 billion crime. In fact, he actually stole $20 billion in principal funds that were invested with him. However, his firm generated account statements telling investors that they earned returns making them worth a total of $65 billion. So as far as the people who'd entrusted their life savings with Madoff were concerned, they really did lose $65 billion. It's just that two-thirds of that money was a figment of Bernie's imagination.4. Lawyers have pocketed about $800 million cleaning up Madoff's mess.Picard and his firm are tasked with tracking down Madoff's stolen assets and redistributing them to his victims. This is a massive, international undertaking, much of which has been outsourced to other law firms. About $823.6 million in fees and expenses have been paid out to attorneys since Madoff's 2008 arrest. The lion's share -- $468.1 million -- went to BakerHostetler.5. Life in prison isn't so bad, said Madoff. But he still can't sleep.In an interview with CNN Business in May 2013, the 75-year-old fraudster said that he had a job making $40 a month wiping down phones and computers for a \"few hours a day.\" He believes he's well-respected by his fellow prisoners and said he spends much of his time reading newspapers and novels.He wakes up early -- 4:30 a.m. -- not because he has to, but because he can't sleep. He is haunted, he said, by the suicide of his oldest son Mark, who hanged himself on Dec. 11, 2010 -- the second anniversary of his father's arrest.\"I was responsible for my son Mark's death and that's very, very difficult,\" he said. \"I live with that.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1028,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341839517,"gmtCreate":1617801643039,"gmtModify":1634296441246,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment if to win 99999 in your holding","listText":"Like this comment if to win 99999 in your holding","text":"Like this comment if to win 99999 in your holding","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/341839517","repostId":"1197775977","repostType":4,"repost":{"id":"1197775977","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1617801298,"share":"https://www.laohu8.com/m/news/1197775977?lang=&edition=full","pubTime":"2021-04-07 21:14","market":"us","language":"en","title":"Online education platform Coursera has risen more than 70% since it went public","url":"https://stock-news.laohu8.com/highlight/detail?id=1197775977","media":"Tiger Newspress","summary":"Online education platform Coursera has risen more than 70% since it went public.The shares rose anot","content":"<p>Online&nbsp;education&nbsp;platform&nbsp;Coursera&nbsp;has&nbsp;risen&nbsp;more&nbsp;than&nbsp;70%&nbsp;since&nbsp;it&nbsp;went&nbsp;public.The&nbsp;shares&nbsp;rose another&nbsp;1.9% in Wednesday&nbsp;premarket action.</p><p><img src=\"https://static.tigerbbs.com/3f96576abdca25a7451887a104d5b166\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>The company priced its deal – for 15.7 million shares – at $33, which was at the high end of the $30 to $33 range. The stock jumped by 36%, bringing the market capitalization to $5.9 billion. Additionally, the lead underwriters on the IPO includedMorgan Stanley, Goldman Sachs, Citi and UBS Investment Bank.</p><p>The founders of Coursera are former Stanford professors Andrew Ng and Daphne Koller. In 2011, they posted some videos of their courses online, and the reception was strong, as more than 100,000 learners viewed them within a few weeks.</p><p>This would becomeoneof the pioneering examples of MOOCs (Massive Open Online Courses), but at the time, it was not clear if there was a viable business model. Would this be a good alternative to traditional instruction? What would the business model be?</p><p>Well, Ng and Koller kept at it – and Coursera continued to grow at a rapid pace.&nbsp; The cofounders also brought on savvy business managers to help scale the operations. In June 2017, they recruited Jeff Maggioncalda to take on the CEO spot. Before this, he was the CEO atFinancial Engines, which he took public.</p><p><b>Background On Coursera</b></p><p>The online educational model has a variety of advantages. For example, a student can get access to some of the world’s top instructors and there is also a diverse set of course offerings.</p><p>But Coursera has gone above and beyond, with the company focusing on providing curriculum to help its learners get high-paid jobs. To this end, it has forged partnerships with companies like Amazon (<b>AMZN</b>), C3ai (<b>AI</b>),IBM(<b>IBM</b>) and Alphabet (<b>GOOGL</b>).</p><p>It should also be noted that Coursera offers affordable courses, with the pricing starting at $39 per month. In addition, there are certificate programs that range from $2,000 to $6,000 as well as bachelor’s or master’s Degrees, which cost between $9,000 to $45,000.</p><p>In terms of the growth, Coursera has been experiencing an acceleration. Last year, revenues jumped by 59%, boosted by the COVID-19 pandemic. Educational institutions had little choice but to provide their courses online – and Coursera was a big help for this.</p><p>Now it’s true that net losses did increase from $46.7 million to $66.8 million, but this was mainly to build up the infrastructure to handle the influx of new learners, which came in at over 30 million last year.</p><p>As for the market opportunity, it is definitely large. According to analysis from HolonIQ, the global spending on online degrees was $36 billion in 2019, and is expected to hit $74 billion by 2025.</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>Online education platform Coursera has risen more than 70% since it went public</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\">\nOnline education platform Coursera has risen more than 70% since it went public\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-04-07 21:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Online&nbsp;education&nbsp;platform&nbsp;Coursera&nbsp;has&nbsp;risen&nbsp;more&nbsp;than&nbsp;70%&nbsp;since&nbsp;it&nbsp;went&nbsp;public.The&nbsp;shares&nbsp;rose another&nbsp;1.9% in Wednesday&nbsp;premarket action.</p><p><img src=\"https://static.tigerbbs.com/3f96576abdca25a7451887a104d5b166\" tg-width=\"840\" tg-height=\"470\" referrerpolicy=\"no-referrer\"></p><p>The company priced its deal – for 15.7 million shares – at $33, which was at the high end of the $30 to $33 range. The stock jumped by 36%, bringing the market capitalization to $5.9 billion. Additionally, the lead underwriters on the IPO includedMorgan Stanley, Goldman Sachs, Citi and UBS Investment Bank.</p><p>The founders of Coursera are former Stanford professors Andrew Ng and Daphne Koller. In 2011, they posted some videos of their courses online, and the reception was strong, as more than 100,000 learners viewed them within a few weeks.</p><p>This would becomeoneof the pioneering examples of MOOCs (Massive Open Online Courses), but at the time, it was not clear if there was a viable business model. Would this be a good alternative to traditional instruction? What would the business model be?</p><p>Well, Ng and Koller kept at it – and Coursera continued to grow at a rapid pace.&nbsp; The cofounders also brought on savvy business managers to help scale the operations. In June 2017, they recruited Jeff Maggioncalda to take on the CEO spot. Before this, he was the CEO atFinancial Engines, which he took public.</p><p><b>Background On Coursera</b></p><p>The online educational model has a variety of advantages. For example, a student can get access to some of the world’s top instructors and there is also a diverse set of course offerings.</p><p>But Coursera has gone above and beyond, with the company focusing on providing curriculum to help its learners get high-paid jobs. To this end, it has forged partnerships with companies like Amazon (<b>AMZN</b>), C3ai (<b>AI</b>),IBM(<b>IBM</b>) and Alphabet (<b>GOOGL</b>).</p><p>It should also be noted that Coursera offers affordable courses, with the pricing starting at $39 per month. In addition, there are certificate programs that range from $2,000 to $6,000 as well as bachelor’s or master’s Degrees, which cost between $9,000 to $45,000.</p><p>In terms of the growth, Coursera has been experiencing an acceleration. Last year, revenues jumped by 59%, boosted by the COVID-19 pandemic. Educational institutions had little choice but to provide their courses online – and Coursera was a big help for this.</p><p>Now it’s true that net losses did increase from $46.7 million to $66.8 million, but this was mainly to build up the infrastructure to handle the influx of new learners, which came in at over 30 million last year.</p><p>As for the market opportunity, it is definitely large. According to analysis from HolonIQ, the global spending on online degrees was $36 billion in 2019, and is expected to hit $74 billion by 2025.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COUR":"Coursera, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197775977","content_text":"Online education platform Coursera has risen more than 70% since it went public.The shares rose another 1.9% in Wednesday premarket action.The company priced its deal – for 15.7 million shares – at $33, which was at the high end of the $30 to $33 range. The stock jumped by 36%, bringing the market capitalization to $5.9 billion. Additionally, the lead underwriters on the IPO includedMorgan Stanley, Goldman Sachs, Citi and UBS Investment Bank.The founders of Coursera are former Stanford professors Andrew Ng and Daphne Koller. In 2011, they posted some videos of their courses online, and the reception was strong, as more than 100,000 learners viewed them within a few weeks.This would becomeoneof the pioneering examples of MOOCs (Massive Open Online Courses), but at the time, it was not clear if there was a viable business model. Would this be a good alternative to traditional instruction? What would the business model be?Well, Ng and Koller kept at it – and Coursera continued to grow at a rapid pace.  The cofounders also brought on savvy business managers to help scale the operations. In June 2017, they recruited Jeff Maggioncalda to take on the CEO spot. Before this, he was the CEO atFinancial Engines, which he took public.Background On CourseraThe online educational model has a variety of advantages. For example, a student can get access to some of the world’s top instructors and there is also a diverse set of course offerings.But Coursera has gone above and beyond, with the company focusing on providing curriculum to help its learners get high-paid jobs. To this end, it has forged partnerships with companies like Amazon (AMZN), C3ai (AI),IBM(IBM) and Alphabet (GOOGL).It should also be noted that Coursera offers affordable courses, with the pricing starting at $39 per month. In addition, there are certificate programs that range from $2,000 to $6,000 as well as bachelor’s or master’s Degrees, which cost between $9,000 to $45,000.In terms of the growth, Coursera has been experiencing an acceleration. Last year, revenues jumped by 59%, boosted by the COVID-19 pandemic. Educational institutions had little choice but to provide their courses online – and Coursera was a big help for this.Now it’s true that net losses did increase from $46.7 million to $66.8 million, but this was mainly to build up the infrastructure to handle the influx of new learners, which came in at over 30 million last year.As for the market opportunity, it is definitely large. According to analysis from HolonIQ, the global spending on online degrees was $36 billion in 2019, and is expected to hit $74 billion by 2025.","news_type":1,"symbols_score_info":{"COUR":0.9}},"isVote":1,"tweetType":1,"viewCount":1931,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349647426,"gmtCreate":1617610647265,"gmtModify":1634297607153,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like my comment please&nbsp;","listText":"Like my comment please&nbsp;","text":"Like my comment please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/349647426","repostId":"2125509847","repostType":4,"isVote":1,"tweetType":1,"viewCount":362,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357908215,"gmtCreate":1617226646237,"gmtModify":1634521998629,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/357908215","repostId":"2123795275","repostType":4,"isVote":1,"tweetType":1,"viewCount":456,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355574764,"gmtCreate":1617091917458,"gmtModify":1634522706488,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Hi like this please","listText":"Hi like this please","text":"Hi like this please","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/355574764","repostId":"1101398939","repostType":4,"isVote":1,"tweetType":1,"viewCount":285,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355574365,"gmtCreate":1617091878657,"gmtModify":1634522706847,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Like this comment tq","listText":"Like this comment tq","text":"Like this comment tq","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/355574365","repostId":"1154060329","repostType":4,"repost":{"id":"1154060329","kind":"news","pubTimestamp":1617091759,"share":"https://www.laohu8.com/m/news/1154060329?lang=&edition=full","pubTime":"2021-03-30 16:09","market":"us","language":"en","title":"A little-known hedge fund caused widespread chaos on Wall Street","url":"https://stock-news.laohu8.com/highlight/detail?id=1154060329","media":"cnn","summary":"New York (CNN Business)The names of the key players are different, but the lessons similar. The spec","content":"<p>New York (CNN Business)The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like the GameStop saga earlier this year, serves as a reminder of the dangers posed by extreme leverage, secret derivatives and rock-bottom interest rates.</p>\n<p>ViacomCBS (VIACA), Discovery (DISCA) and other media titans' stocks crashed Friday as Wall Street banks that lent to Archegos forced the firm to unwind its bets. The epic firesale wiped out more than half of Viacom's value last week alone.</p>\n<p>Major banks face billions of dollars in losses from their exposure to Archegos. Both Credit Suisse (CS) and Nomura tumbled Monday after warning of significant hits to their earnings.</p>\n<p>The most startling part about the tale of Archegos is that it is a firm that few people had ever heard of before this weekend. And yet in this era of easy money, Archegos was able to borrow so much that its failure created shockwaves large enough to ripple across Wall Street — and impact everyday Americans' retirement accounts.</p>\n<p>\"It's a wake-up call. With leverage, comes risk,\" said Art Hogan, chief market strategist at National Securities Corporation. \"This is the second time we've learned a lesson this year about leverage.\"</p>\n<p>In January, another hedge fund, Melvin Capital Management, nearly collapsed after its massive bets against GameStop (GME) were blown up by an army of traders on Reddit. Investors were surprised to learn about the sheer size of the short positions anticipating the video game retailer's stock price would fall.</p>\n<p>When GameStop shares instead went to the moon, Melvin Capital suffered staggering losses and was forced to reach a $2.8 billion bailout with larger rivals.</p>\n<p>\"We saw it on the short side when GameStop blew up. Now we are seeing it on the long side,\" Hogan said.</p>\n<p><b>Opaque financial instruments</b></p>\n<p>Archegos Capital was using borrowed money — apparently a ton of it — to make outsized bets that propped up media stocks. This type excessive leverage is made possible by extremely low interest rates from the Federal Reserve.</p>\n<p>The full scale of these bets wasn't clear until now.</p>\n<p>Perhaps in an effort to avoid making public disclosure filings, Archegos reportedly used derivatives known as total return swaps to mask some of its large investment positions. Investors using these swaps receive the total return of a stock from a dealer and those returns are typically amplified by leverage.</p>\n<p>Archegos could not be reached for comment on Monday.</p>\n<p>Typically, investors who own more than 5% of a stock are required to report that stake with the SEC. These filings do not appear to have been made this time.</p>\n<p>\"Anytime a derivative is involved, you don't really know how deep the tentacles go,\" said Joe Saluzzi, co-head of trading at Themis Trading.</p>\n<p><b>The share sale that broke the camel's back</b></p>\n<p>This complex strategy backfired last week.</p>\n<p>Seeking to capitalize on its skyrocketing stock price, ViacomCBS announced plans for a $3 billion share sale. Up until that point, ViacomCBS shares had nearly tripled on the year. But the share sale appeared to be too much for the market to handle and the media boom morphed into a rout.</p>\n<p>Archegos faced margin calls from its Wall Street lenders. A margin call by a broker requires a client to add funds to its account if the value of an asset drops below a specified level. If the client can't pay up — and in this case Archegos apparently couldn't — the broker can step in and dump the shares on the client's behalf.</p>\n<p>Goldman Sachs, one of Archegos' lenders, seized collateral and sold shares on Friday, a person familiar with the matter told CNN Business. This so-called forced liquidation set off a bloodbath Friday that drove down shares of ViacomCBS and Discovery more than 25% apiece.</p>\n<p>Credit Suisse said that the default by a \"significant US-based hedge fund\" would cause a major hit to its earnings. A person familiar with the matter told CNN Business that Archegos was the firm causing the losses for Credit Suisse.</p>\n<p>Nomura said its losses could be as much as $2 billion from \"transactions with a US client.\"</p>\n<p><b>Founder of hedge fund involved in insider trading scandal</b></p>\n<p>The episode demonstrates the intricate web linking firms across Wall Street — and the risks to the banks providing large amounts of leverage.</p>\n<p>\"Systemic risk from secret and interconnected leverage, trading and derivatives in astronomical undisclosed amounts continue to permeate the shadow banking system,\" Better Markets CEO Dennis Kelleher said in a statement.</p>\n<p>Hogan said investors must remember the inherent risks involved in the business lines of banks.</p>\n<p>\"They watch the creditworthiness of clients, but it's now always perfect,\" he said.</p>\n<p>The creditworthiness of Archegos is a central question here. Bill Hwang, the firm's founder and a protégé of hedge fund pioneer Julian Robertson, was previously enmeshed in an insider trading scandal at Tiger Asia Management, a hedge fund he founded.</p>\n<p>In 2012, the SEC alleged Tiger Asia made nearly $17 million in illegal profits in a scheme involving Chinese bank stocks. Hwang pleaded guilty that year on behalf of Tiger Asia to one count of wire fraud. Tiger Asia was sentenced to one year of probation and ordered to forfeit more than $16 million.</p>\n<p>In the wake of the insider trading scandal, Goldman Sachs (GS) stopped doing business with Hwang for a period of time, a person familiar with the matter told CNN Business. However, Goldman Sachs later resumed a relationship with Hwang, serving as one of his firm's lenders.</p>\n<p><b>Repeat of Long-Term Capital Management?</b></p>\n<p>The blow-up of Archegos Capital brings back bad memories of Long-Term Capital Management. That massive hedge fund's collapse in 1998 threatened the financial system, forcing the federal government to intervene.</p>\n<p>\"This is likely not Long-Term Capital,\" Hogan said, citing reforms that mean banks hold less risk than before the 2008 crisis. \"I don't think this is the tip of the iceberg.\"</p>\n<p>Saluzzi, the Themis Trading executive, is not sure yet, pointing to how markets initially shrugged off the collapse of Bear Stearns hedge funds in the summer of 2007.</p>\n<p>\"We don't know how far the tentacles go,\" Saluzzi said. \"Early in the Bear Stearns crisis, the market was fine — until it wasn't.\"</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>A little-known hedge fund caused widespread chaos on Wall Street</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\">\nA little-known hedge fund caused widespread chaos on Wall Street\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-30 16:09 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/03/29/investing/wall-street-hedge-fund-archegos/index.html><strong>cnn</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>New York (CNN Business)The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like the GameStop saga earlier ...</p>\n\n<a href=\"https://edition.cnn.com/2021/03/29/investing/wall-street-hedge-fund-archegos/index.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/31992235e2d733c9c23402f8622ffd51","relate_stocks":{},"source_url":"https://edition.cnn.com/2021/03/29/investing/wall-street-hedge-fund-archegos/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154060329","content_text":"New York (CNN Business)The names of the key players are different, but the lessons similar. The spectacular implosion of hedge fund Archegos Capital Management, much like the GameStop saga earlier this year, serves as a reminder of the dangers posed by extreme leverage, secret derivatives and rock-bottom interest rates.\nViacomCBS (VIACA), Discovery (DISCA) and other media titans' stocks crashed Friday as Wall Street banks that lent to Archegos forced the firm to unwind its bets. The epic firesale wiped out more than half of Viacom's value last week alone.\nMajor banks face billions of dollars in losses from their exposure to Archegos. Both Credit Suisse (CS) and Nomura tumbled Monday after warning of significant hits to their earnings.\nThe most startling part about the tale of Archegos is that it is a firm that few people had ever heard of before this weekend. And yet in this era of easy money, Archegos was able to borrow so much that its failure created shockwaves large enough to ripple across Wall Street — and impact everyday Americans' retirement accounts.\n\"It's a wake-up call. With leverage, comes risk,\" said Art Hogan, chief market strategist at National Securities Corporation. \"This is the second time we've learned a lesson this year about leverage.\"\nIn January, another hedge fund, Melvin Capital Management, nearly collapsed after its massive bets against GameStop (GME) were blown up by an army of traders on Reddit. Investors were surprised to learn about the sheer size of the short positions anticipating the video game retailer's stock price would fall.\nWhen GameStop shares instead went to the moon, Melvin Capital suffered staggering losses and was forced to reach a $2.8 billion bailout with larger rivals.\n\"We saw it on the short side when GameStop blew up. Now we are seeing it on the long side,\" Hogan said.\nOpaque financial instruments\nArchegos Capital was using borrowed money — apparently a ton of it — to make outsized bets that propped up media stocks. This type excessive leverage is made possible by extremely low interest rates from the Federal Reserve.\nThe full scale of these bets wasn't clear until now.\nPerhaps in an effort to avoid making public disclosure filings, Archegos reportedly used derivatives known as total return swaps to mask some of its large investment positions. Investors using these swaps receive the total return of a stock from a dealer and those returns are typically amplified by leverage.\nArchegos could not be reached for comment on Monday.\nTypically, investors who own more than 5% of a stock are required to report that stake with the SEC. These filings do not appear to have been made this time.\n\"Anytime a derivative is involved, you don't really know how deep the tentacles go,\" said Joe Saluzzi, co-head of trading at Themis Trading.\nThe share sale that broke the camel's back\nThis complex strategy backfired last week.\nSeeking to capitalize on its skyrocketing stock price, ViacomCBS announced plans for a $3 billion share sale. Up until that point, ViacomCBS shares had nearly tripled on the year. But the share sale appeared to be too much for the market to handle and the media boom morphed into a rout.\nArchegos faced margin calls from its Wall Street lenders. A margin call by a broker requires a client to add funds to its account if the value of an asset drops below a specified level. If the client can't pay up — and in this case Archegos apparently couldn't — the broker can step in and dump the shares on the client's behalf.\nGoldman Sachs, one of Archegos' lenders, seized collateral and sold shares on Friday, a person familiar with the matter told CNN Business. This so-called forced liquidation set off a bloodbath Friday that drove down shares of ViacomCBS and Discovery more than 25% apiece.\nCredit Suisse said that the default by a \"significant US-based hedge fund\" would cause a major hit to its earnings. A person familiar with the matter told CNN Business that Archegos was the firm causing the losses for Credit Suisse.\nNomura said its losses could be as much as $2 billion from \"transactions with a US client.\"\nFounder of hedge fund involved in insider trading scandal\nThe episode demonstrates the intricate web linking firms across Wall Street — and the risks to the banks providing large amounts of leverage.\n\"Systemic risk from secret and interconnected leverage, trading and derivatives in astronomical undisclosed amounts continue to permeate the shadow banking system,\" Better Markets CEO Dennis Kelleher said in a statement.\nHogan said investors must remember the inherent risks involved in the business lines of banks.\n\"They watch the creditworthiness of clients, but it's now always perfect,\" he said.\nThe creditworthiness of Archegos is a central question here. Bill Hwang, the firm's founder and a protégé of hedge fund pioneer Julian Robertson, was previously enmeshed in an insider trading scandal at Tiger Asia Management, a hedge fund he founded.\nIn 2012, the SEC alleged Tiger Asia made nearly $17 million in illegal profits in a scheme involving Chinese bank stocks. Hwang pleaded guilty that year on behalf of Tiger Asia to one count of wire fraud. Tiger Asia was sentenced to one year of probation and ordered to forfeit more than $16 million.\nIn the wake of the insider trading scandal, Goldman Sachs (GS) stopped doing business with Hwang for a period of time, a person familiar with the matter told CNN Business. However, Goldman Sachs later resumed a relationship with Hwang, serving as one of his firm's lenders.\nRepeat of Long-Term Capital Management?\nThe blow-up of Archegos Capital brings back bad memories of Long-Term Capital Management. That massive hedge fund's collapse in 1998 threatened the financial system, forcing the federal government to intervene.\n\"This is likely not Long-Term Capital,\" Hogan said, citing reforms that mean banks hold less risk than before the 2008 crisis. \"I don't think this is the tip of the iceberg.\"\nSaluzzi, the Themis Trading executive, is not sure yet, pointing to how markets initially shrugged off the collapse of Bear Stearns hedge funds in the summer of 2007.\n\"We don't know how far the tentacles go,\" Saluzzi said. \"Early in the Bear Stearns crisis, the market was fine — until it wasn't.\"","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":303,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355030960,"gmtCreate":1617011503850,"gmtModify":1634523152938,"author":{"id":"3576767429158952","authorId":"3576767429158952","name":"Jo118","avatar":"https://static.tigerbbs.com/f1ae84ac95a5e852625f0045a719714c","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576767429158952","authorIdStr":"3576767429158952"},"themes":[],"htmlText":"Comment back pls","listText":"Comment back pls","text":"Comment back pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/355030960","repostId":"1153911870","repostType":4,"isVote":1,"tweetType":1,"viewCount":244,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}