VictorTan的个人主页 - 老虎社区

VictorTan

VictorTan

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2021-12-01

Is it same as mara and Riot ?

Bitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal

2021-11-25

Can one can share the best way to roll options ?

2021-11-14

Can any one guide how to perform roll options ?

2021-11-11

$Meta Platforms, Inc.(FB)$Fb riding onMetaverse trend. One good stock to take note.

2021-11-11

$Walt Disney(DIS)$Making loss

2021-11-09

$Walt Disney(DIS)$Rising ?

2021-11-07

$Walt Disney(DIS)$Got to post points again

2021-11-06

$Walt Disney(DIS)$needs to go UP more

2021-11-05

$Palantir Technologies Inc.(PLTR)$Shootingup if war is coming ?

2021-11-05

$Walt Disney(DIS)$Pray hard

2021-11-05

Great

抱歉，原内容已删除

2021-11-03

$Walt Disney(DIS)$Falling yesterday @

2021-11-01

Headache with bitcoin

2021-11-01

$Amazon.com(AMZN)$Hope for a rebound soon

2021-11-01

$Walt Disney(DIS)$Will it rise

2021-10-27

will it rise tonight ?

2021-10-25

$Walt Disney(DIS)$Will it move up tonight ?

2021-10-24

$General Motors(GM)$Good car sales coming up next Q ?

2021-10-16

$Coca-Cola(KO)$I love coke

2021-10-09

$Walt Disney(DIS)$Why drop again ?

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Griid Infrastructure will be listed on the New York Stock Exchange under the ticker symbol “GRDI”. Bloomberg reported on the talks of the deal last week. Adit EdTech shares rose 1.1% to $9.96 as of 10:10 a.m. in New York.</p>\n<p>Cincinnati-based Griid is the latest Bitcoin miner that plan to go public by merging with blank-check companies. Earlier this month, a Singapore-based Bitcoin mining company controlled by Chinese billionaire Jihan Wu, Bitdeer Technologies Holding Co., announced its plan to list in the U.S. by merging with Blue Safari Group Acquisition Corp. in an estimated $4 billion deal.</p>\n<p>Griid’s founder and Chief Executive Officer Trey Kelly said the transaction would expand its capacity as the company builds a portfolio of U.S.-based Bitcoin mining facilities using cheap, carbon-free energy. The deal came shortly after Griid’s recent agreement to secure a $525 million facility from Blockchain.com.</p>\n<p>Adit EdTech, led by Chairman Eric Munson and CEO David Shrier, raised $276 million in a January initial public offering. In August, the SPAC added industry advisers including Cristina Dolan, a computer scientist who founded several blockchain companies.</p>\n<p>The transaction is expected to close in the first quarter next year, subject to conditions including the receipt of regulatory approvals and approval of Adit EdTech’s stockholders. Wells Fargo Securities LLC advised Adit EdTech.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-miner-griid-plans-public-151645799.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with Adit Edtech Acquisition Corp. in a deal that values the combined company at about $3.3 billion, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-miner-griid-plans-public-151645799.html\">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://finance.yahoo.com/news/bitcoin-miner-griid-plans-public-151645799.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198023822","content_text":"Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with Adit Edtech Acquisition Corp. in a deal that values the combined company at about $3.3 billion, including debt.\nUnder the plan, Griid is expected to receive about $246 million in cash from Adit EdTech. Griid Infrastructure will be listed on the New York Stock Exchange under the ticker symbol “GRDI”. Bloomberg reported on the talks of the deal last week. Adit EdTech shares rose 1.1% to $9.96 as of 10:10 a.m. in New York.\nCincinnati-based Griid is the latest Bitcoin miner that plan to go public by merging with blank-check companies. Earlier this month, a Singapore-based Bitcoin mining company controlled by Chinese billionaire Jihan Wu, Bitdeer Technologies Holding Co., announced its plan to list in the U.S. by merging with Blue Safari Group Acquisition Corp. in an estimated $4 billion deal.\nGriid’s founder and Chief Executive Officer Trey Kelly said the transaction would expand its capacity as the company builds a portfolio of U.S.-based Bitcoin mining facilities using cheap, carbon-free energy. The deal came shortly after Griid’s recent agreement to secure a $525 million facility from Blockchain.com.\nAdit EdTech, led by Chairman Eric Munson and CEO David Shrier, raised $276 million in a January initial public offering. In August, the SPAC added industry advisers including Cristina Dolan, a computer scientist who founded several blockchain companies.\nThe transaction is expected to close in the first quarter next year, subject to conditions including the receipt of regulatory approvals and approval of Adit EdTech’s stockholders. 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One good stock to take note.","images":[{"img":"https://static.tigerbbs.com/813b8faf87959422ac96357770d68d0d","width":"1125","height":"2992"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/870855852","isVote":1,"tweetType":1,"viewCount":1160,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":870856360,"gmtCreate":1636603985924,"gmtModify":1636603986017,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Making loss","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Making loss","text":"$Walt Disney(DIS)$Making 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Disney(DIS)$Will it rise","images":[{"img":"https://static.tigerbbs.com/028c99ee26595a37bb4283e0c4e59a03","width":"1125","height":"2196"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/849993371","isVote":1,"tweetType":1,"viewCount":827,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":855326068,"gmtCreate":1635338658386,"gmtModify":1635338658527,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"will it rise tonight ?","listText":"will it rise tonight ?","text":"will it rise tonight 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coming up next Q ?","images":[{"img":"https://static.tigerbbs.com/6792baf2d4c38f13e790acb86e442468","width":"1125","height":"2902"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/858507537","isVote":1,"tweetType":1,"viewCount":475,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0},{"id":824270967,"gmtCreate":1634327256698,"gmtModify":1634327257033,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/KO\">$Coca-Cola(KO)$</a>I love coke","listText":"<a href=\"https://laohu8.com/S/KO\">$Coca-Cola(KO)$</a>I love coke","text":"$Coca-Cola(KO)$I love 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?","images":[{"img":"https://static.tigerbbs.com/a34e3f65a05f3fe16dda9864ee967dcb","width":"1125","height":"2436"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/821209821","isVote":1,"tweetType":1,"viewCount":719,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"CN","totalScore":0}],"hots":[{"id":374702855,"gmtCreate":1619479975077,"gmtModify":1634273174173,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Biden rally","listText":"Biden rally","text":"Biden rally","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/374702855","repostId":"1126815616","repostType":4,"repost":{"id":"1126815616","kind":"news","pubTimestamp":1619451024,"share":"https://ttm.financial/m/news/1126815616?lang=&edition=full","pubTime":"2021-04-26 23:30","market":"us","language":"en","title":"If Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’","url":"https://stock-news.laohu8.com/highlight/detail?id=1126815616","media":"MarketWatch","summary":"‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’","content":"<p>‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’s on the lookout for a stock market sell-off if capital gains tax rates increase.</p>\n<p>Alex Zagorski will be on the lookout for stock market bargains if President Joe Biden goes through with a reported plan to effectively double the capital gains tax rate on people who earn at least $1 million a year.</p>\n<p>Biden is reportedly planning tofollow through on a campaign pledgeto apply a 39.6% capital gains rate for millionaires and above. Coupled with a pre-existing 3.8% tax linked to the Affordable Care Act, that would be 43.4% rate. The capital gains rate on profits from investment securities is currently 20% for top earners.</p>\n<p>If history is any guide — and if Biden can even get the idea through Congress — there’s going to be a stock market sell-off in some form as some rich investors take advantage of lower rates before they climb.</p>\n<p>And Zagorski, a 27-year-old mechanical engineer from Detroit, Mich. with years of investing experience, will be there waiting. “My opinion on investing is very long-term,” he told MarketWatch. “I look at something like this as an opportunity to buy and hold.”</p>\n<p>Martin Sanchez, another relatively new investor, who started buying individual stocks in 2018, agrees. “I think there’s a buying opportunity for millennials if we do see a huge sell-off,” said the 27-year-old Winston Salem, N.C. resident, who works in the tech sector.</p>\n<p>If Sanchez sees the opening, he might buy up some shares in companies that focus on web security, giving him a chance to spread out his holdings, which are heavier in stocks like DisneyDIS,0.38%and TeslaDIS,0.38%.Sanchez is watching Biden’s tax proposals closely.</p>\n<p>There are a lot of open questions about the possible capital gains rate hike. Will Biden include the idea in the “American Families Plan” that he’s expected to unveil on Wednesday? How many other tax hikes targeting rich household will that plan include? Will it pass Congress?</p>\n<p>But another question is: What does this potential tax increase mean for a new generation of retail investors?</p>\n<p>By now, newer investors have gone through the 2020 market’s fall and rise, and weathered the meme stock trading frenzy that put companies like GameStopGME,3.18%on a share price rollercoaster. Do they stand to gain from an estimated$178 billionin selling that could occur prior to the rate increase?</p>\n<p>“There are some who may view it as, ‘Oh, here’s my opportunity to get on board,’” said James Angel, a professor at Georgetown University’s McDonough School of Business.</p>\n<p>But like so much else based on the potential rate hikes, there are big open questions on how new investors — and investors in general — will react. “Does it create opportunity? Well, maybe,” Angel said. “But you have to look carefully on stock-by-stock basis.”</p>\n<p>Indeed,a share price might have little to do with the tax environment,one investor note said Friday. “Ultimately, other factors such as the outlook for economic growth, monetary policy, and interest rates are much more powerful drivers of equity market returns and valuations,” wrote Mark Haefele, chief investment officer for global wealth management at UBS.</p>\n<p>‘One would expect people to start selling off’</p>\n<p>When President Ronald Reagan signed theTax Reform Act of 1986,he lowered the top income-tax rate from 50% to 28%.</p>\n<p>The Republican president also changed the tax code in order to treat long-term capital gains as ordinary income, instead of giving capital gains a preferential rate. That bumped the capital gains rate up to 28% for rich households.</p>\n<p>In the lead up to the changes during tax year 1986, there was a 60% rise in sales on all sorts of capital assets, according to researchers at the nonpartisan U.S. Congress committee Joint Committee on Taxation, and the Tax Policy Center, a think tank.</p>\n<p>Ahead of a 2013 change — which brought the long-term capital gains rate from 15% to 20% and tacked on the 3.8% Net Investment Income Tax — there was a 40% rise in capital gains “realizations,”the researchers said, meaning investors were selling their holdings.</p>\n<p>History could repeat itself, one of the authors told MarketWatch.</p>\n<p>“Certainly, one would expect people to start selling off,” said Robert McClelland, a senior fellow at the Tax Policy Center. “How much, I don’t know.”</p>\n<p>But McClelland noted it’s important to remember that many stock market buyers are foreign investors and retirement accounts, including 401(k) plans or pension plans, rather than individual investors operating through a brokerage account.</p>\n<p>Foreign investors own about 40% of stock market equity and retirement accounts own about 30%, according toestimateslast year from McClelland’s Tax Policy Center colleagues. Taxable accounts, like a brokerage account, own another 25% in stock market equity.</p>\n<p>Another thing to remember is if rich people are selling, it hardly means they are walking away. “I would still be buying for my clients,” said David Haas, owner of Cereus Financial Advisors in Franklin Lakes, N.J. “In other words, selling does not mean getting out of the market. I would sell a client’s gains and buy something similar to continue participation in the market. The point is to take gains, not stop investing.”</p>\n<p>As markets digested news Thursday of Biden’s possible capital gains tax hike, they ended the day on a down note. By Friday, they rebounded, with the Dow Jones Industrial AverageDJIA,0.12%ending 228 points higher, up 0.7%, and the S&amp;P 500SPX,0.28%finishing up 1.1%higher.</p>\n<p>Zagorski says he might be able to profit from any future sell off, but that still doesn’t erase his personal concerns about a rate hike. With any capital gains rate increase, in his view, “you’re just taking away money from people who would be investing in the market.”</p>\n<p>But going forward, the buying opportunities might not be crystal clear. Some less experienced retail investors might not be able to determine if stock sales and potentially dropping prices have to do with tax strategy — and that might cause them to sell too, he said.</p>\n<p>“When you see people at the top doing things, it’s instinctual to mimic them, even if it’s not in your best interest,” he said.</p>\n<p></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>If Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIf Biden hikes capital gains taxes on millionaires, some new investors see a ‘buying opportunity’\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-26 23:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/if-biden-hikes-capital-gains-taxes-on-millionaires-some-new-investors-see-a-buying-opportunity-11619450737?mod=mw_latestnews><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’s on the lookout for a stock market sell-off if capital gains tax rates increase.\nAlex Zagorski will...</p>\n\n<a href=\"https://www.marketwatch.com/story/if-biden-hikes-capital-gains-taxes-on-millionaires-some-new-investors-see-a-buying-opportunity-11619450737?mod=mw_latestnews\">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",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"source_url":"https://www.marketwatch.com/story/if-biden-hikes-capital-gains-taxes-on-millionaires-some-new-investors-see-a-buying-opportunity-11619450737?mod=mw_latestnews","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126815616","content_text":"‘I look at something like this as an opportunity to buy and hold,’ said one millennial investor who’s on the lookout for a stock market sell-off if capital gains tax rates increase.\nAlex Zagorski will be on the lookout for stock market bargains if President Joe Biden goes through with a reported plan to effectively double the capital gains tax rate on people who earn at least $1 million a year.\nBiden is reportedly planning tofollow through on a campaign pledgeto apply a 39.6% capital gains rate for millionaires and above. Coupled with a pre-existing 3.8% tax linked to the Affordable Care Act, that would be 43.4% rate. The capital gains rate on profits from investment securities is currently 20% for top earners.\nIf history is any guide — and if Biden can even get the idea through Congress — there’s going to be a stock market sell-off in some form as some rich investors take advantage of lower rates before they climb.\nAnd Zagorski, a 27-year-old mechanical engineer from Detroit, Mich. with years of investing experience, will be there waiting. “My opinion on investing is very long-term,” he told MarketWatch. “I look at something like this as an opportunity to buy and hold.”\nMartin Sanchez, another relatively new investor, who started buying individual stocks in 2018, agrees. “I think there’s a buying opportunity for millennials if we do see a huge sell-off,” said the 27-year-old Winston Salem, N.C. resident, who works in the tech sector.\nIf Sanchez sees the opening, he might buy up some shares in companies that focus on web security, giving him a chance to spread out his holdings, which are heavier in stocks like DisneyDIS,0.38%and TeslaDIS,0.38%.Sanchez is watching Biden’s tax proposals closely.\nThere are a lot of open questions about the possible capital gains rate hike. Will Biden include the idea in the “American Families Plan” that he’s expected to unveil on Wednesday? How many other tax hikes targeting rich household will that plan include? Will it pass Congress?\nBut another question is: What does this potential tax increase mean for a new generation of retail investors?\nBy now, newer investors have gone through the 2020 market’s fall and rise, and weathered the meme stock trading frenzy that put companies like GameStopGME,3.18%on a share price rollercoaster. Do they stand to gain from an estimated$178 billionin selling that could occur prior to the rate increase?\n“There are some who may view it as, ‘Oh, here’s my opportunity to get on board,’” said James Angel, a professor at Georgetown University’s McDonough School of Business.\nBut like so much else based on the potential rate hikes, there are big open questions on how new investors — and investors in general — will react. “Does it create opportunity? Well, maybe,” Angel said. “But you have to look carefully on stock-by-stock basis.”\nIndeed,a share price might have little to do with the tax environment,one investor note said Friday. “Ultimately, other factors such as the outlook for economic growth, monetary policy, and interest rates are much more powerful drivers of equity market returns and valuations,” wrote Mark Haefele, chief investment officer for global wealth management at UBS.\n‘One would expect people to start selling off’\nWhen President Ronald Reagan signed theTax Reform Act of 1986,he lowered the top income-tax rate from 50% to 28%.\nThe Republican president also changed the tax code in order to treat long-term capital gains as ordinary income, instead of giving capital gains a preferential rate. That bumped the capital gains rate up to 28% for rich households.\nIn the lead up to the changes during tax year 1986, there was a 60% rise in sales on all sorts of capital assets, according to researchers at the nonpartisan U.S. Congress committee Joint Committee on Taxation, and the Tax Policy Center, a think tank.\nAhead of a 2013 change — which brought the long-term capital gains rate from 15% to 20% and tacked on the 3.8% Net Investment Income Tax — there was a 40% rise in capital gains “realizations,”the researchers said, meaning investors were selling their holdings.\nHistory could repeat itself, one of the authors told MarketWatch.\n“Certainly, one would expect people to start selling off,” said Robert McClelland, a senior fellow at the Tax Policy Center. “How much, I don’t know.”\nBut McClelland noted it’s important to remember that many stock market buyers are foreign investors and retirement accounts, including 401(k) plans or pension plans, rather than individual investors operating through a brokerage account.\nForeign investors own about 40% of stock market equity and retirement accounts own about 30%, according toestimateslast year from McClelland’s Tax Policy Center colleagues. Taxable accounts, like a brokerage account, own another 25% in stock market equity.\nAnother thing to remember is if rich people are selling, it hardly means they are walking away. “I would still be buying for my clients,” said David Haas, owner of Cereus Financial Advisors in Franklin Lakes, N.J. “In other words, selling does not mean getting out of the market. I would sell a client’s gains and buy something similar to continue participation in the market. The point is to take gains, not stop investing.”\nAs markets digested news Thursday of Biden’s possible capital gains tax hike, they ended the day on a down note. By Friday, they rebounded, with the Dow Jones Industrial AverageDJIA,0.12%ending 228 points higher, up 0.7%, and the S&P 500SPX,0.28%finishing up 1.1%higher.\nZagorski says he might be able to profit from any future sell off, but that still doesn’t erase his personal concerns about a rate hike. With any capital gains rate increase, in his view, “you’re just taking away money from people who would be investing in the market.”\nBut going forward, the buying opportunities might not be crystal clear. Some less experienced retail investors might not be able to determine if stock sales and potentially dropping prices have to do with tax strategy — and that might cause them to sell too, he said.\n“When you see people at the top doing things, it’s instinctual to mimic them, even if it’s not in your best interest,” he said.","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133827121,"gmtCreate":1621736622763,"gmtModify":1631885079765,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Profits thinning&nbsp;","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Profits thinning&nbsp;","text":"$Walt Disney(DIS)$Profits thinning","images":[{"img":"https://static.tigerbbs.com/793abba561dc30e681570086656c9413","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":5,"repostSize":0,"link":"https://laohu8.com/post/133827121","isVote":1,"tweetType":1,"viewCount":553,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":107412910,"gmtCreate":1620528619130,"gmtModify":1634198234939,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Please like n comment","listText":"Please like n comment","text":"Please like n comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/107412910","repostId":"1140579879","repostType":4,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":194918134,"gmtCreate":1621333280828,"gmtModify":1634192379237,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Nice&nbsp;","listText":"Nice&nbsp;","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/194918134","repostId":"1197102420","repostType":4,"repost":{"id":"1197102420","kind":"news","pubTimestamp":1621331867,"share":"https://ttm.financial/m/news/1197102420?lang=&edition=full","pubTime":"2021-05-18 17:57","market":"us","language":"en","title":"Chinese Giant JD.com Seeks $3.4 Billion in Logistics IPO. Here’s What to Know.","url":"https://stock-news.laohu8.com/highlight/detail?id=1197102420","media":"Barrons","summary":"After a blockbuster year for e-commerce boosted by the Covid-19 pandemic, China’s JD.com is seeking ","content":"<p>After a blockbuster year for e-commerce boosted by the Covid-19 pandemic, China’s&nbsp;JD.com&nbsp;is seeking to raise up to $3.4 billion by listing its logistics arm.</p>\n<p>JD Logistics is an integrated supply-chain player in China, offering services from warehousing to distribution, from manufacturer to end customer. Its initial public offering is set to be one of the largest in Hong Kong this year.</p>\n<p>Shares in the e-commerce giant&nbsp;JD.com&nbsp;closed less than 1% lower in Hong Kong, while its Nasdaq-listed U.S. shares similarly fell less than 1%.</p>\n<p><b>The back story.</b>JD.com—one of China’s internet giants —established its in-house logistics division in 2007. The group built out warehousing and delivery infrastructure and supply-chain technologies through this division for a decade, before formally spinning out the company in 2017. Since then, JD Logistics has continued to serve JD.com, alongside offering services to external clients.</p>\n<p>The company operated more than 900 warehouses across China by the end of 2020, with its logistics network using high-tech tools like self-driving vehicles and autonomous robots. Its 32 “smart mega warehouses” across China include a fully unmanned center in Shanghai.</p>\n<p>Since being spun off in 2017, JD Logistics has grown quickly, with revenue growth of 32% between 2018 and 2019 and 47% from 2019 to 2020. It recorded net losses of more than 2 billion yuan ($300 million) in both 2018 and 2019, and a net loss of 4 billion yuan in 2020. The group expects its net loss for 2021 to “increase significantly” compared with 2020, in part due to lower profit margins from a decrease in government support related to the Covid-19 pandemic.</p>\n<p>JD.com floated its pharmaceutical and health services division, JD Health, in Hong Kong in December 2020, raising $3.5 billion, and itself listed in Hong Kong in June 2020 after years of its shares being traded on the Nasdaq.</p>\n<p><b>What’s new.</b>JD.com said on Monday that it would seek to raise up to 264,132 million Hong Kong dollars ($3.4 billion) through the listing of JD Logistics. The IPO would be the second-largest in Hong Kong in 2021, since Tencent-backed video-sharing app&nbsp;Kuaishou&nbsp;floated in February to raise $5.4 billion.</p>\n<p>JD Logistics intends to issue 609.2 million shares—around 10% of its stock—within an expected price range of HK$39.36 to HK$43.36, according to filings. The company is slated to retain more than 64% of the total shares. An overallotment option, or green shoe, would allow for the sale of another 91 million shares to raise up to a further $510 million.</p>\n<p>Cornerstone investors including Softbank’s Vision Fund, Tiger Global, Blackstone, and Temasek Holdings—Singapore’s state-backed investment company—have committed to buying around $1.5 billion worth of shares. The final pricing for the IPO is expected on Friday, before the shares begin trading on May 28.Bank of America,Goldman Sachs,and Chinese investment bank Haitong are the joint sponsors of the IPO.</p>\n<p>In its prospectus, the group made the case that it was a tech-driven supply-chain and logistics expert, with proprietary tools allowing it to substantially improve the operational efficiencies of customers’ supply chains. The key risks to JD Logistics’ business, according to the filings, include intense competition in the e-commerce and services space, Chinese macroeconomic conditions, and the fact that a significant portion of its revenue has historically come from JD.com.</p>\n<p><b>Looking ahead.</b>Investors can view JD Logistics going public as a way to play a few familiar high-tech trends, including artificial intelligence and 5G-linked breakthroughs in autonomous vehicles and robots. These technologies have serious implications for supply chains. More broadly, JD Logistics would be another way to gain exposure to the e-commerce sector as consumer spending ramps up—in China and around the world—with the economic recovery from the Covid-19 pandemic.</p>\n<p>But investors must be aware that the group would go public into a tough regulatory environment, with Chinese regulators cracking down on tech companies. Last month, regulators warned 13 groups, including a JD.com subsidiary, over antitrust issues, and share prices in the sector have faced headwinds since February amid rising interest rates and regulatory concerns in both the U.S. and China.</p>\n<p>And the market has had recent cause for concern about the Chinese tech and logistics sector more broadly. One of JD Logistics’ competitors, SF Holding, saw its stock price crash more than 44% from highs in February after it posted a surprise quarterly loss. That prompted questions about lofty valuations beyond SF, which is China’s largest listed courier group. Expect JD Logistics to face similar scrutiny.</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>Chinese Giant JD.com Seeks $3.4 Billion in Logistics IPO. Here’s What to Know.</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\">\nChinese Giant JD.com Seeks $3.4 Billion in Logistics IPO. Here’s What to Know.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-18 17:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/chinese-giant-jd-com-seeks-3-4-billion-in-logistics-ipo-heres-what-to-know-51621265204?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>After a blockbuster year for e-commerce boosted by the Covid-19 pandemic, China’s JD.com is seeking to raise up to $3.4 billion by listing its logistics arm.\nJD Logistics is an integrated supply-chain...</p>\n\n<a href=\"https://www.barrons.com/articles/chinese-giant-jd-com-seeks-3-4-billion-in-logistics-ipo-heres-what-to-know-51621265204?mod=RTA\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/chinese-giant-jd-com-seeks-3-4-billion-in-logistics-ipo-heres-what-to-know-51621265204?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1197102420","content_text":"After a blockbuster year for e-commerce boosted by the Covid-19 pandemic, China’s JD.com is seeking to raise up to $3.4 billion by listing its logistics arm.\nJD Logistics is an integrated supply-chain player in China, offering services from warehousing to distribution, from manufacturer to end customer. Its initial public offering is set to be one of the largest in Hong Kong this year.\nShares in the e-commerce giant JD.com closed less than 1% lower in Hong Kong, while its Nasdaq-listed U.S. shares similarly fell less than 1%.\nThe back story.JD.com—one of China’s internet giants —established its in-house logistics division in 2007. The group built out warehousing and delivery infrastructure and supply-chain technologies through this division for a decade, before formally spinning out the company in 2017. Since then, JD Logistics has continued to serve JD.com, alongside offering services to external clients.\nThe company operated more than 900 warehouses across China by the end of 2020, with its logistics network using high-tech tools like self-driving vehicles and autonomous robots. Its 32 “smart mega warehouses” across China include a fully unmanned center in Shanghai.\nSince being spun off in 2017, JD Logistics has grown quickly, with revenue growth of 32% between 2018 and 2019 and 47% from 2019 to 2020. It recorded net losses of more than 2 billion yuan ($300 million) in both 2018 and 2019, and a net loss of 4 billion yuan in 2020. The group expects its net loss for 2021 to “increase significantly” compared with 2020, in part due to lower profit margins from a decrease in government support related to the Covid-19 pandemic.\nJD.com floated its pharmaceutical and health services division, JD Health, in Hong Kong in December 2020, raising $3.5 billion, and itself listed in Hong Kong in June 2020 after years of its shares being traded on the Nasdaq.\nWhat’s new.JD.com said on Monday that it would seek to raise up to 264,132 million Hong Kong dollars ($3.4 billion) through the listing of JD Logistics. The IPO would be the second-largest in Hong Kong in 2021, since Tencent-backed video-sharing app Kuaishou floated in February to raise $5.4 billion.\nJD Logistics intends to issue 609.2 million shares—around 10% of its stock—within an expected price range of HK$39.36 to HK$43.36, according to filings. The company is slated to retain more than 64% of the total shares. An overallotment option, or green shoe, would allow for the sale of another 91 million shares to raise up to a further $510 million.\nCornerstone investors including Softbank’s Vision Fund, Tiger Global, Blackstone, and Temasek Holdings—Singapore’s state-backed investment company—have committed to buying around $1.5 billion worth of shares. The final pricing for the IPO is expected on Friday, before the shares begin trading on May 28.Bank of America,Goldman Sachs,and Chinese investment bank Haitong are the joint sponsors of the IPO.\nIn its prospectus, the group made the case that it was a tech-driven supply-chain and logistics expert, with proprietary tools allowing it to substantially improve the operational efficiencies of customers’ supply chains. The key risks to JD Logistics’ business, according to the filings, include intense competition in the e-commerce and services space, Chinese macroeconomic conditions, and the fact that a significant portion of its revenue has historically come from JD.com.\nLooking ahead.Investors can view JD Logistics going public as a way to play a few familiar high-tech trends, including artificial intelligence and 5G-linked breakthroughs in autonomous vehicles and robots. These technologies have serious implications for supply chains. More broadly, JD Logistics would be another way to gain exposure to the e-commerce sector as consumer spending ramps up—in China and around the world—with the economic recovery from the Covid-19 pandemic.\nBut investors must be aware that the group would go public into a tough regulatory environment, with Chinese regulators cracking down on tech companies. Last month, regulators warned 13 groups, including a JD.com subsidiary, over antitrust issues, and share prices in the sector have faced headwinds since February amid rising interest rates and regulatory concerns in both the U.S. and China.\nAnd the market has had recent cause for concern about the Chinese tech and logistics sector more broadly. One of JD Logistics’ competitors, SF Holding, saw its stock price crash more than 44% from highs in February after it posted a surprise quarterly loss. That prompted questions about lofty valuations beyond SF, which is China’s largest listed courier group. Expect JD Logistics to face similar scrutiny.","news_type":1,"symbols_score_info":{"02618":0.9,"09618":0.9,"JD":0.9}},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145779094,"gmtCreate":1626250156918,"gmtModify":1631884795445,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Going up !!!","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>Going up !!!","text":"$Walt Disney(DIS)$Going up !!!","images":[{"img":"https://static.tigerbbs.com/2d10bd663665fa384ba922eae0057258","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/145779094","isVote":1,"tweetType":1,"viewCount":433,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":154648984,"gmtCreate":1625527661448,"gmtModify":1631894023277,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/154648984","repostId":"1157317474","repostType":4,"repost":{"id":"1157317474","kind":"news","pubTimestamp":1625483857,"share":"https://ttm.financial/m/news/1157317474?lang=&edition=full","pubTime":"2021-07-05 19:17","market":"us","language":"en","title":"Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.","url":"https://stock-news.laohu8.com/highlight/detail?id=1157317474","media":"Barrons","summary":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services , the company’s dominant cloud-computing business.As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. . Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable","content":"<p>Amazon.com&nbsp;founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.</p>\n<p>As Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)</p>\n<p>Amazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.</p>\n<p>AWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.</p>\n<p>Amazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.</p>\n<p>Despite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&amp;P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.</p>\n<p>The success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.</p>\n<p>The cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.</p>\n<p>There are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.</p>\n<p>Meanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”</p>\n<p>Last week, Amazon&nbsp;formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.</p>\n<p>The worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.</p>\n<p>The more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.</p>\n<p>Amazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.</p>\n<p>As for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.</p>\n<p>Even the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.</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>Jeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s 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\">\nJeff Bezos Steps Down as CEO on Monday. Here’s What It Means for Amazon’s Stock.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-05 19:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon...</p>\n\n<a href=\"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.barrons.com/articles/amazon-ceo-jeff-bezos-andy-jassy-51625253171?siteid=yhoof2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1157317474","content_text":"Amazon.com founder Jeff Bezos is stepping down as the company’s CEO on Monday, the company’s 27th birthday. He’s handing over the baton to Andy Jassy, a 24-year Amazon veteran who built and ran Amazon Web Services (AWS), the company’s dominant cloud-computing business.\nAs Wall Street analysts like to say, Jassy faces a “tough compare.” Bezos was always going to be a tough act to follow, and he’s leaving the job on top. (He’ll still be executive chairman and the online retailer’s largest shareholder, assuming all goes well with histrip to space later this month.)\nAmazon’s (ticker: AMZN) business sparkled during the pandemic. In the first quarter,sales spiked 44%from a year earlier—the company’s best quarterly growth rate since 2011—and net income was $8.1 billion, its largest quarterly profit ever. With demand surging, Amazon hired more than 500,000 people in 2020, boosting its total staff to more than 1.3 million.\nAWS sales grew 32% in the first quarter, to $13.5 billion, an annualized run rate of well over $50 billion. That makes Amazon one of the world’s largest enterprise computing companies—bigger thanOracle(ORCL),SAP(SAP), orSalesforce.com(CRM). Amazon’s online retail business had revenue of $52.9 billion, up 41%. Third-party seller services like fulfillment and delivery were up 60%, to $23.7 billion (roughly the size ofFedEx). Subscription services, mostly Amazon Prime, had revenue of $7.6 billion, up 36%, for a run rate north of $30 billion (slightly bigger thanNetflix). “Other” revenue—mostly advertising—reached $6.9 billion, up 77%.\nAmazon’s market value is now $1.7 trillion, which trails justApple(AAPL) andMicrosoft(MSFT) among U.S. listed companies.\nDespite the huge numbers, Amazon’s stock has actually looked pedestrian for almost a year now. It’s up just 6% year to date versus 15% for the S&P 500 index. There are several reasons for investor caution, including the CEO turnover. Large tech companies have a mixed record when it comes to replacing founder CEOs.\nThe success story is Apple CEO Tim Cook, who took over the top job from Steve Jobs in 2011. Apple shares are up 1,000% since he took over.\nThe cautionary tale is Microsoft, where Steve Ballmer succeeded Bill Gates as CEO in January 2000, and stayed in the role for 14 years. Microsoft’s sales tripled with Ballmer at the helm, but the stock went nowhere.\nThere are also worries that Amazon’s e-commerce growth could slow as the economy reopens. The challenge for Jassy is to engineer a soft landing—and to drive growth in other areas to offset any e-tail slowdown.\nMeanwhile, regulatory scrutiny remains a headwind. Amazon is getting considerable attention from regulators and legislators for itspending $8.5 billion bid for film studio MGM. Newly appointed Federal Trade Commission Chair Lina Khan has built her career in part byfocusing on Amazon’s market dominance. In 2017, she wrote a now famous Yale Law Review article called “Amazon’s Antitrust Paradox.”\nLast week, Amazon formally asked Khan to recuse herselffrom any involvement in antitrust matters involving the company. Amazon could get its way, but having to ask highlights the risk that regulators now pose.\nThe worst case scenario—one reflected in a package of bills under consideration in the U.S. House of Representatives—could force Amazon to shed operations that directly compete with customers, meaning its third-party retailers. That could put an end to Amazon’s ability to sell its own branded products.\nThe more subtle risk is that the increased regulatory focus is likely to crimp Amazon’s ability to grow through acquisition. The outcome of the MGM transaction will serve as an important test case.\nAmazon also faces ongoing labor issues even after employees in the company’s Bessemer, Ala., facilityrejected a unionization vote. The company ismaking a big pushto be known as “Earth’s Best Employer” and “Earth’s Safest Place to Work.” Still, Amazon is likely to remain a target for Big Labor. At its annual convention late last month, the Teamsters approved a measure thatsupports a broad unionization push for Amazon’s workforce.\nAs for the stock, I’ve noted before that Amazon could be Earth’s Best Stock, especially over the long term. Inmy April 19 column, I pointed to a sum-of-the-parts analysis by Jefferies analyst Brent Thill, which spelled out a $3 trillion market value for Amazon within three years. That estimate includes a projected $1.2 trillion value for AWS, $1 trillion for Amazon’s core retail business, and $600 billion for its ad business. And there are other intriguing bits, like the fast-growing logistics arm and the company’s still-nascent healthcare services unit.\nEven the bearish case on Amazon—a forced breakup—looks bullish when you do the math. If AWS was a stand-alone business and awarded the same sales multiple as red-hot cloud-software companySnowflake(SNOW), AWS would be worth more than $4 trillion. That is certainly ridiculous, but it gives you a sense of the size and power of Amazon’s underlying assets. For long-term investors, Jassy’s Amazon remains an obvious buy.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":500,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":133826631,"gmtCreate":1621736398723,"gmtModify":1634186904336,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Pls help to comment","listText":"Pls help to comment","text":"Pls help to comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/133826631","repostId":"2137906121","repostType":4,"repost":{"id":"2137906121","kind":"highlight","pubTimestamp":1621611396,"share":"https://ttm.financial/m/news/2137906121?lang=&edition=full","pubTime":"2021-05-21 23:36","market":"us","language":"en","title":"Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021","url":"https://stock-news.laohu8.com/highlight/detail?id=2137906121","media":"Motley Fool","summary":"Berkshire Hathaway has continued to reduce its stakes in banks.","content":"<p><b>Berkshire Hathaway</b> (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.</p>\n<p>\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"</p>\n<p>Let's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c2da7d6438277757a73f9e626ebc6fc2\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. All but eliminating Wells Fargo</h2>\n<p>Everyone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, <b>Wells Fargo</b> (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.</p>\n<p>This essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at <a href=\"https://laohu8.com/S/AONE\">one</a> point back in 2017, it was reportedly worth as much as $29 billion.</p>\n<p>But as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.</p>\n<p>The stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.</p>\n<h2>2. Dumping <a href=\"https://laohu8.com/S/SYF\">Synchrony Financial</a></h2>\n<p>Last quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company <b>Synchrony Financial&nbsp;</b>(NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.</p>\n<p>While I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, <b>JPMorgan Chase</b>, and loaded up on America's second-largest bank, <b>Bank of America</b>.</p>\n<p>Considering that Buffett already has a huge position in <b>American <a href=\"https://laohu8.com/S/EXPR\">Express</a></b>, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.</p>\n<h2>3. Trimming U.S. Bancorp again</h2>\n<p>Berkshire Hathaway also sold about 1.45 million shares of <b>U.S. Bancorp</b> (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in <b>PNC Financial Services Group</b>&nbsp;and&nbsp;<b>M&amp;T Bank</b>, in the fourth quarter of 2020.&nbsp;</p>\n<p>One possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. </p>\n<p>Overall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.</p>","source":"fool_stock","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>Here Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHere Are the 3 Bank Moves Warren Buffett Has Made So Far in 2021\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-21 23:36 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/21/here-are-the-3-bank-moves-warren-buffett-has-made/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2137906121","content_text":"Berkshire Hathaway (NYSE:BRK.A) (NYSE:BRK.B) recently filed its 13F form for the first quarter of 2021, detailing what stock sales and purchases the conglomerate and the legendary investor in charge, Warren Buffett, made during the period. As has been the case for most of the past year, Buffett was active in the financial sector, mostly reducing Berkshire Hathaway's positions in banks. At the company's annual investor day earlier this month, Buffett provided some explanation for all the stock selling he's done in that sector.\n\"I like banks generally,\" he said, \"I just didn't like the proportion we had compared to the possible risk if we got the bad results that so far we haven't gotten.\"\nLet's review the three big changes Buffett and Berkshire Hathaway made to their bank holdings in the first quarter.\nImage source: Getty Images.\n1. All but eliminating Wells Fargo\nEveryone knew it was coming, but Buffett all but made it official last quarter, nearly eliminating his position in his onetime favorite bank, Wells Fargo (NYSE:WFC). Berkshire Hathaway sold 51.7 million shares, dropping its stake to a mere 675,000 shares valued at $26.3 million.\nThis essentially ends what was an epic run for the Oracle of Omaha and Wells Fargo. Buffett first purchased shares in the large U.S. bank in 1989, and by 1994, he had acquired more than 13% of its outstanding shares. At the end of the third quarter of 2019, before the pandemic, Buffett's stake, which had a rough original cost basis of just below $9 billion, was worth close to $20 billion. And at one point back in 2017, it was reportedly worth as much as $29 billion.\nBut as the fallout of Wells Fargo's phony accounts scandal and other revelations about its consumer abuses continued to play out, Buffett began to lose faith in the institution and started trimming his position. It looks like Buffett ultimately ended up making much less on his Wells Fargo investment than he could have, considering he sold more than 323 million shares between the end of Q1 2020 and the end of Q1 2021. During that 12-month period, the bank's shares traded from a low of $21.45 to a high of $39.07. At the end of 2019, they traded north of $53.\nThe stock closed at $45.73 on Thursday, and many investors still believe Wells Fargo is undervalued these days, trading at 135% tangible book value (equity minus intangible assets and goodwill). Bank valuations have shot up in recent months, and Wells Fargo in particular could see more tailwinds when the Federal Reserve lifts the $1.95 trillion asset cap that the bank has been operating under since 2018.\n2. Dumping Synchrony Financial\nLast quarter, Berkshire Hathaway also eliminated its entire stake in the consumer finance credit card company Synchrony Financial (NYSE:SYF), selling its 21.1 million shares. Synchrony uses what it calls a \"partner-centric\" business model under which it teams up with leading retailers and digital brands that promote Synchrony's credit cards. Consumers can get deals on specific purchases by opening Synchrony credit cards, which are often branded under a retailer's name.\nWhile I wouldn't say I saw this move coming, it doesn't entirely surprise me. Over the last year, Buffett has become even more selective about which banks he wants to own. He seems to be picking a winner or two in each banking industry subcategory -- for instance, he sold his stake in America's largest bank, JPMorgan Chase, and loaded up on America's second-largest bank, Bank of America.\nConsidering that Buffett already has a huge position in American Express, and loves the brand, that is likely going to be his pick for a credit-card-focused holding. Berkshire Hathaway likely made a good profit on that Synchrony investment, though, considering that the stock hit its highest level ever during Q1.\n3. Trimming U.S. Bancorp again\nBerkshire Hathaway also sold about 1.45 million shares of U.S. Bancorp (NYSE:USB) in the first quarter -- but it still owns nearly 129.7 million shares. The Oracle of Omaha has sold small quantities of shares of the Minnesota-based regional bank a few times over the last year, and it's a bit unclear why. It does appear that he has made U.S. Bancorp his regional bank pick, though. He sold off his other regional bank holdings, including his stakes in PNC Financial Services Group and M&T Bank, in the fourth quarter of 2020. \nOne possible explanation relates to Buffett's well-known desire to keep his stakes in those banks below 10%, so he can avoid the additional reporting requirements that a higher ownership level would trigger. At the end of the first quarter, Buffett owned about 8.7% of U.S. Bancorp's outstanding shares. So his stock sale may have simply been a move to prepare for the bank's planned share repurchases, which should accelerate later this year. Last quarter's adjustment should maintain Berkshire Hathaway's stake at a level comfortably under the 10% threshold, even after U.S. Bancorp's total share count is reduced. \nOverall, I still feel confident that Buffett plans to stick with U.S. Bancorp, although I will continue to watch his moves in upcoming quarters to see if he further reduces his stake in it.","news_type":1,"symbols_score_info":{"BRK.A":0.9,"BRK.B":0.9,"SYF":0.9,"USB":0.9,"WFC":0.9}},"isVote":1,"tweetType":1,"viewCount":642,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106689613,"gmtCreate":1620110933632,"gmtModify":1634207718303,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Pls like and comment","listText":"Pls like and comment","text":"Pls like and comment","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/106689613","repostId":"1143573807","repostType":4,"repost":{"id":"1143573807","kind":"news","pubTimestamp":1620108729,"share":"https://ttm.financial/m/news/1143573807?lang=&edition=full","pubTime":"2021-05-04 14:12","market":"us","language":"en","title":"J.P. Morgan's short-term look finds picks, pans in telecom/pay TV","url":"https://stock-news.laohu8.com/highlight/detail?id=1143573807","media":"seeking alpha","summary":"J.P. Morgan's \"Spectrum of Opportunity\" note offers a chance to re-rank telecom and pay television s","content":"<ul><li>J.P. Morgan's \"Spectrum of Opportunity\" note offers a chance to re-rank telecom and pay television stocks for May performance -updating its longer-term ratings with the prospect of benefiting from shorter-term catalysts (including such things as seasonality).</li><li>And turning to its top picks for May yields several names worthy of some catalyst-based attention (based on a points system it assigns to sort out how to weigh alternatives).</li><li>One is Comcast(NASDAQ:CMCSA), which is likely to keep seeing strong cable trends along with re-opening data points for its parks and film operations. It likes the stock long-term relative to megacap peers AT&amp;T(NYSE:T)and Verizon(NYSE:VZ)\"due to strong fundamentals at cable and an improving backdrop at NBC/Sky.\" The broader market is concerned about growing broadband competition, but Comcast's trends are staying strong driven by acquisition and churn as it grows share.</li><li>Meanwhile, theme park demand is ramping, with open parks breaking even during the first quarter, and there's upside to NBC/consolidated EBITDA for 2021. It has a $62 price target.</li><li>On a slightly different time frame is T-Mobile (TMUS; reporting after the close tomorrow): It's the firm's best long-term idea (based on substantial operating efficiencies and cash flow growth for coming years), and while it's not looking for a big Q1 beat, it's still a short-term pick.</li><li>\"After a strong quarter by AT&amp;T but soft one from Verizon on postpaid phone adds, we see upside to our postpaid phone add estimate of 400K with consensus at 450K,\" J.P. Morgan says. It's not expecting guidance increases, but there's \"ample opportunity for growth in fixed wireless, enterprise and rural markets, and the company highlighted $60B of buyback potential from 2023-2025 (we model ~$40B over that time frame due to spectrum purchases).\"</li><li>Another highly rated short-term pick is Charter Communications(NASDAQ:CHTR). Itsfirst-quarter report showed solid broadband and customer relationship growth, and despite competition fears in broadband, Charter is well positioned to keep growing penetration \"driven by its market-growth strategy and new home builds - both greenfield and fill-ins.\"</li><li>It's staying a top idea across J.P. Morgan's coverage on further broadband share gains, ongoing EBITDA growth (margin expansion), strong capital returns and ramping free cash flow generation.</li><li>Turning to its least favorite names on the spectrum, there's Cable One(NYSE:CABO), where multiples are already very high compared to public peers. Preliminary results showed EBITDA strength, unsurprising due to residential momentum, operating efficiency and synergy realization. But it's struggling with a valuation of 16.8x 2022 enterprise value/EBITDA and a 3.2% free cash flow yield, vs. pure-play peers like Charter and Altice USA (ATUS; EV/EBITDA&nbsp;multiples of 10.8x and 8.6x respectively).</li><li>Another least-favorite is Gogo(NASDAQ:GOGO)- where it's modeling an entire convertible issue converting to equity, diluting existing shareholders. Total revenues are set to improve after bottoming in Q2 2020, but it's still \"wary\" as it sees a 5G network buildout pushed out to 2022, allowing for a competitor to come in. That and the potential dilution are set to weigh on the shares for the \"foreseeable future.\"</li><li>And another name in disfavor is Lumen Technologies(NYSE:LUMN), which saw a heavy run-up in January after being heavily shorted. That squeeze is \"unsustainable,\" J.P. Morgan says.&nbsp;And it's wary about the loss of subsidies for rural connectivity. \"We struggle to become positive on the name due to falling CAF/RDOF (Connect America Fund/Rural Digital Opportunity Fund) support in 2022, where Lumen will lose nearly all of its current ~$500m CAF revenue from 2021 to 2022, at ~100% EBITDA flow-thru.\"</li><li>Lumen is still spending to enable the homes it got in the CAF-II auction, but J.P. Morgan says capital expenditures should be shifted to other parts of the business rather than just going to free cash flow generation.</li></ul>","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>J.P. Morgan's short-term look finds picks, pans in telecom/pay TV</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\">\nJ.P. Morgan's short-term look finds picks, pans in telecom/pay TV\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 14:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3689866-jp-morgans-short-term-look-finds-picks-pans-in-telecompay-tv><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>J.P. Morgan's \"Spectrum of Opportunity\" note offers a chance to re-rank telecom and pay television stocks for May performance -updating its longer-term ratings with the prospect of benefiting from ...</p>\n\n<a href=\"https://seekingalpha.com/news/3689866-jp-morgans-short-term-look-finds-picks-pans-in-telecompay-tv\">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://seekingalpha.com/news/3689866-jp-morgans-short-term-look-finds-picks-pans-in-telecompay-tv","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1143573807","content_text":"J.P. Morgan's \"Spectrum of Opportunity\" note offers a chance to re-rank telecom and pay television stocks for May performance -updating its longer-term ratings with the prospect of benefiting from shorter-term catalysts (including such things as seasonality).And turning to its top picks for May yields several names worthy of some catalyst-based attention (based on a points system it assigns to sort out how to weigh alternatives).One is Comcast(NASDAQ:CMCSA), which is likely to keep seeing strong cable trends along with re-opening data points for its parks and film operations. It likes the stock long-term relative to megacap peers AT&T(NYSE:T)and Verizon(NYSE:VZ)\"due to strong fundamentals at cable and an improving backdrop at NBC/Sky.\" The broader market is concerned about growing broadband competition, but Comcast's trends are staying strong driven by acquisition and churn as it grows share.Meanwhile, theme park demand is ramping, with open parks breaking even during the first quarter, and there's upside to NBC/consolidated EBITDA for 2021. It has a $62 price target.On a slightly different time frame is T-Mobile (TMUS; reporting after the close tomorrow): It's the firm's best long-term idea (based on substantial operating efficiencies and cash flow growth for coming years), and while it's not looking for a big Q1 beat, it's still a short-term pick.\"After a strong quarter by AT&T but soft one from Verizon on postpaid phone adds, we see upside to our postpaid phone add estimate of 400K with consensus at 450K,\" J.P. Morgan says. It's not expecting guidance increases, but there's \"ample opportunity for growth in fixed wireless, enterprise and rural markets, and the company highlighted $60B of buyback potential from 2023-2025 (we model ~$40B over that time frame due to spectrum purchases).\"Another highly rated short-term pick is Charter Communications(NASDAQ:CHTR). Itsfirst-quarter report showed solid broadband and customer relationship growth, and despite competition fears in broadband, Charter is well positioned to keep growing penetration \"driven by its market-growth strategy and new home builds - both greenfield and fill-ins.\"It's staying a top idea across J.P. Morgan's coverage on further broadband share gains, ongoing EBITDA growth (margin expansion), strong capital returns and ramping free cash flow generation.Turning to its least favorite names on the spectrum, there's Cable One(NYSE:CABO), where multiples are already very high compared to public peers. Preliminary results showed EBITDA strength, unsurprising due to residential momentum, operating efficiency and synergy realization. But it's struggling with a valuation of 16.8x 2022 enterprise value/EBITDA and a 3.2% free cash flow yield, vs. pure-play peers like Charter and Altice USA (ATUS; EV/EBITDA multiples of 10.8x and 8.6x respectively).Another least-favorite is Gogo(NASDAQ:GOGO)- where it's modeling an entire convertible issue converting to equity, diluting existing shareholders. Total revenues are set to improve after bottoming in Q2 2020, but it's still \"wary\" as it sees a 5G network buildout pushed out to 2022, allowing for a competitor to come in. That and the potential dilution are set to weigh on the shares for the \"foreseeable future.\"And another name in disfavor is Lumen Technologies(NYSE:LUMN), which saw a heavy run-up in January after being heavily shorted. That squeeze is \"unsustainable,\" J.P. Morgan says. And it's wary about the loss of subsidies for rural connectivity. \"We struggle to become positive on the name due to falling CAF/RDOF (Connect America Fund/Rural Digital Opportunity Fund) support in 2022, where Lumen will lose nearly all of its current ~$500m CAF revenue from 2021 to 2022, at ~100% EBITDA flow-thru.\"Lumen is still spending to enable the homes it got in the CAF-II auction, but J.P. Morgan says capital expenditures should be shifted to other parts of the business rather than just going to free cash flow generation.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186868428,"gmtCreate":1623485305064,"gmtModify":1631886149358,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Lesser losses","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Lesser losses","text":"$Pinterest, Inc.(PINS)$Lesser losses","images":[{"img":"https://static.tigerbbs.com/66921730626eb2e07650f238ffa2bfab","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":3,"repostSize":0,"link":"https://laohu8.com/post/186868428","isVote":1,"tweetType":1,"viewCount":547,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":192619605,"gmtCreate":1621205501907,"gmtModify":1634193508555,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/192619605","repostId":"1173244066","repostType":4,"repost":{"id":"1173244066","kind":"news","pubTimestamp":1621004086,"share":"https://ttm.financial/m/news/1173244066?lang=&edition=full","pubTime":"2021-05-14 22:54","market":"us","language":"en","title":"What Disney, Airbnb and DoorDash results reveal about the post-pandemic economy","url":"https://stock-news.laohu8.com/highlight/detail?id=1173244066","media":"CNN","summary":"London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver ","content":"<p>London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.</p>\n<p>The big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?</p>\n<p>Airbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.</p>\n<p>Airbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.</p>\n<p>The company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.</p>\n<p>DoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.</p>\n<p>\"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.</p>\n<p>Disney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.</p>\n<p>The company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.</p>\n<p>Down but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.</p>\n<p>Whether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.</p>\n<p><b>It could get easier to get a credit card without a credit score</b></p>\n<p>For years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.</p>\n<p>Ten banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.</p>\n<p>The push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.</p>\n<p>Should the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.</p>\n<p>\"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.</p>\n<p>The backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.</p>\n<p>Banks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.</p>\n<p>The business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.</p>\n<p>\"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.</p>\n<p><b>Target will temporarily stop selling trading cards amid frenzy</b></p>\n<p>Target (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.</p>\n<p>The details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.</p>\n<p>\"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"</p>\n<p>The cards will still be available online, the company said.</p>\n<p>Remember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.</p>\n<p>Target previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.</p>\n<p>Walmart (WMT), for its part, said it will keep selling cards in stores for now.</p>\n<p>\"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.</p>\n<p><b>Up next</b></p>\n<p>Data on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.</p>\n<p>Coming next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.</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>What Disney, Airbnb and DoorDash results reveal about the post-pandemic economy</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\">\nWhat Disney, Airbnb and DoorDash results reveal about the post-pandemic economy\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 22:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://edition.cnn.com/2021/05/14/investing/premarket-stocks-trading/index.html><strong>CNN</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.\nThe big question: As the coronavirus situation improves in ...</p>\n\n<a href=\"https://edition.cnn.com/2021/05/14/investing/premarket-stocks-trading/index.html\">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/2021/05/14/investing/premarket-stocks-trading/index.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173244066","content_text":"London (CNN Business)Companies are gearing up for an era in which Covid-19 isn't the primary driver of how people spend their money.\nThe big question: As the coronavirus situation improves in countries like the United States, which trends from the past 14 months will have staying power, and which will be resigned to the pandemic past?\nAirbnb, DoorDash and Disney (DIS), which reported results after US markets closed on Thursday, provide some idea.\nAirbnb: The company said interest in travel is surging again as vaccines become more widely available, pointing to a sharp increase in bookings in the United Kingdom immediately after British Prime Minister Boris Johnson announced plans in February to gradually exit lockdown. For US customers aged 60 and above, searches on Airbnb for summer travel rose by more than 60% between February and March.\nThe company is also ready for more customers to use Airbnb for longer-term stays as they take advantage of greater acceptance of remote work. It said that nearly a quarter of stays last quarter were for 28 days or more, up 14% from 2019. Shares are down slightly in premarket trading.\nDoorDash: People are still ordering lots of food delivery even as restaurants open back up for traditional dining. DoorDash reported a 198% jump in revenue last quarter to $1.1 billion even as it dealt with a shortage of workers, and increased its full-year outlook.\n\"As markets continued reopening and in-store dining increased across the US, the impact to our order volume was smaller than we expected, which contributed to strong performance in the quarter,\" the company said, though it cautioned that may have been partially attributable to stimulus checks. Shares are up almost 9% in premarket trading.\nDisney: Streaming has carried Disney through the pandemic, with Disney+ growing to more than 100 million subscribers. Yet the biggest star in Disney's media universe appears to be shining a little less bright, sending shares down 4%.\nThe company said Thursday that Disney+ now has 103.6 million subscribers, below the 110 million Wall Street was expecting. That's forced investors to wonder: Is that because people are getting vaccinated and stepping away from streaming? Netflix also reported sluggish subscription growth last quarter.\nDown but not out: Disney said it remains on track to reach its long-term subscriber goals despite the apparent slowdown. It's betting that as the pandemic eases, it will be able to produce more movies and shows, helping to bring in new customers.\nWhether it's right will become clearer in the months ahead, which will pose the true test of whether people actually ditch their sweatpants, get out of the house and shake up the economy once again.\nIt could get easier to get a credit card without a credit score\nFor years, if you didn't have a credit score it was extremely difficult to get a credit card or certain types of loans. But a new plan among some of the nation's largest banks may help Americans without traditional credit histories get approved.\nTen banks — including JPMorgan Chase (JPM), Wells Fargo (WFC) and U.S. Bancorp (USB) — have tentatively agreed to a plan to share data like bank account deposits and bill payment activity to help qualify borrowers without traditional credit histories, according to the Wall Street Journal.\nThe push for financial institutions to come to a data sharing agreement came from a program run by the Office of the Comptroller of the Currency. The OCC has confirmed there is a plan, but the details of the agreement among the banks still need to be worked out.\nShould the proposed arrangement go through, it would mean that if you don't have a credit score but you have a bank account at Wells Fargo, for example, you can use that financial history to help you get a credit card with another bank, like JPMorgan Chase.\n\"This will give millions of Americans the opportunity to access credit that's essential to building wealth — buying a home, starting a business, or financing education,\" Trish Wexler, a spokesperson for JPMorgan Chase, told CNN Business.\nThe backstory: There are currently 53 million people without a credit score, according to the Fair Isaac Corporation, the creator of FICO credit scores. These consumers, who are disproportionately lower income and people of color, face higher borrowing costs because they're forced to turn to products like payday loans.\nBanks and lenders refer to those without credit history as \"credit invisible.\" This group can include young people or recent immigrants, as well as people who haven't used credit in a long time or who have lost their access due to financial difficulties.\nThe business angle: Big banks may also be eager to revise their policies as online upstarts chip away at demand for their products.\n\"Some of this cooperation among the biggest banks may be a bit of reaction to smaller banks and fintech companies infringing on their space,\" said Matt Schulz, chief industry analyst at LendingTree.\nTarget will temporarily stop selling trading cards amid frenzy\nTarget (TGT) has announced that it will stop selling trading cards in its stores following a violent dispute at one of its locations — a sign of just how overheated the market for collectibles has become.\nThe details: Last week, a Target in Wisconsin was locked down after a man was physically assaulted by four others over sports trading cards.\n\"The safety of our guests and our team is our top priority,\" Target said in a statement. \"Out of an abundance of caution, we've decided to temporarily suspend the sale of MLB, NFL, NBA and Pokémon trading cards within our stores, effective [Friday].\"\nThe cards will still be available online, the company said.\nRemember: The value of trading cards has skyrocketed in recent months during the Covid-19 pandemic. That's grabbed interest from both amateur and professional investors looking to cash in on spectacular returns.\nTarget previously was limiting card purchases to just one item a day, saying that guests were lining up overnight to get their hands on hot items, per CNN affiliate WISN.\nWalmart (WMT), for its part, said it will keep selling cards in stores for now.\n\"We are determining what, if any, changes are needed to meet customer demand while ensuring a safe and enjoyable shopping experience,\" a spokesperson said in a statement.\nUp next\nData on US retail sales, import and export prices and industrial production arrives at 8:30 a.m. ET.\nComing next week: Home Depot (HD) and Lowe's (LOW) report earnings as the housing market booms.","news_type":1,"symbols_score_info":{"ABNB":0.9,"DASH":0.9,"DIS":0.9}},"isVote":1,"tweetType":1,"viewCount":576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":196612232,"gmtCreate":1621047999726,"gmtModify":1634194306478,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/196612232","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","kind":"news","pubTimestamp":1621004581,"share":"https://ttm.financial/m/news/1163454382?lang=&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention  issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</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>Why AMC Entertainment Stock Jumped Again Friday</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\">\nWhy AMC Entertainment Stock Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1,"symbols_score_info":{"AMC":0.9}},"isVote":1,"tweetType":1,"viewCount":275,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":609469641,"gmtCreate":1638318093709,"gmtModify":1638318093832,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Is it same as mara and Riot ?","listText":"Is it same as mara and Riot ?","text":"Is it same as mara and Riot ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/609469641","repostId":"1198023822","repostType":4,"repost":{"id":"1198023822","kind":"news","pubTimestamp":1638317678,"share":"https://ttm.financial/m/news/1198023822?lang=&edition=full","pubTime":"2021-12-01 08:14","market":"us","language":"en","title":"Bitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal","url":"https://stock-news.laohu8.com/highlight/detail?id=1198023822","media":"Bloomberg","summary":"Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with","content":"<p>Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with Adit Edtech Acquisition Corp. in a deal that values the combined company at about $3.3 billion, including debt.</p>\n<p>Under the plan, Griid is expected to receive about $246 million in cash from Adit EdTech. Griid Infrastructure will be listed on the New York Stock Exchange under the ticker symbol “GRDI”. Bloomberg reported on the talks of the deal last week. Adit EdTech shares rose 1.1% to $9.96 as of 10:10 a.m. in New York.</p>\n<p>Cincinnati-based Griid is the latest Bitcoin miner that plan to go public by merging with blank-check companies. Earlier this month, a Singapore-based Bitcoin mining company controlled by Chinese billionaire Jihan Wu, Bitdeer Technologies Holding Co., announced its plan to list in the U.S. by merging with Blue Safari Group Acquisition Corp. in an estimated $4 billion deal.</p>\n<p>Griid’s founder and Chief Executive Officer Trey Kelly said the transaction would expand its capacity as the company builds a portfolio of U.S.-based Bitcoin mining facilities using cheap, carbon-free energy. The deal came shortly after Griid’s recent agreement to secure a $525 million facility from Blockchain.com.</p>\n<p>Adit EdTech, led by Chairman Eric Munson and CEO David Shrier, raised $276 million in a January initial public offering. In August, the SPAC added industry advisers including Cristina Dolan, a computer scientist who founded several blockchain companies.</p>\n<p>The transaction is expected to close in the first quarter next year, subject to conditions including the receipt of regulatory approvals and approval of Adit EdTech’s stockholders. Wells Fargo Securities LLC advised Adit EdTech.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Bitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBitcoin Miner Griid Plans to Go Public in $3.3 Billion SPAC Deal\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-01 08:14 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/bitcoin-miner-griid-plans-public-151645799.html><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with Adit Edtech Acquisition Corp. in a deal that values the combined company at about $3.3 billion, ...</p>\n\n<a href=\"https://finance.yahoo.com/news/bitcoin-miner-griid-plans-public-151645799.html\">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://finance.yahoo.com/news/bitcoin-miner-griid-plans-public-151645799.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198023822","content_text":"Bitcoin miner Griid Infrastructure LLC said Tuesday it has agreed to go public through a merger with Adit Edtech Acquisition Corp. in a deal that values the combined company at about $3.3 billion, including debt.\nUnder the plan, Griid is expected to receive about $246 million in cash from Adit EdTech. Griid Infrastructure will be listed on the New York Stock Exchange under the ticker symbol “GRDI”. Bloomberg reported on the talks of the deal last week. Adit EdTech shares rose 1.1% to $9.96 as of 10:10 a.m. in New York.\nCincinnati-based Griid is the latest Bitcoin miner that plan to go public by merging with blank-check companies. Earlier this month, a Singapore-based Bitcoin mining company controlled by Chinese billionaire Jihan Wu, Bitdeer Technologies Holding Co., announced its plan to list in the U.S. by merging with Blue Safari Group Acquisition Corp. in an estimated $4 billion deal.\nGriid’s founder and Chief Executive Officer Trey Kelly said the transaction would expand its capacity as the company builds a portfolio of U.S.-based Bitcoin mining facilities using cheap, carbon-free energy. The deal came shortly after Griid’s recent agreement to secure a $525 million facility from Blockchain.com.\nAdit EdTech, led by Chairman Eric Munson and CEO David Shrier, raised $276 million in a January initial public offering. In August, the SPAC added industry advisers including Cristina Dolan, a computer scientist who founded several blockchain companies.\nThe transaction is expected to close in the first quarter next year, subject to conditions including the receipt of regulatory approvals and approval of Adit EdTech’s stockholders. Wells Fargo Securities LLC advised Adit EdTech.","news_type":1,"symbols_score_info":{"ADEX":0.9}},"isVote":1,"tweetType":1,"viewCount":2885,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":107835501,"gmtCreate":1620462208903,"gmtModify":1634198563574,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/107835501","repostId":"1106882084","repostType":4,"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":106680353,"gmtCreate":1620110758572,"gmtModify":1634207719429,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Sad","listText":"Sad","text":"Sad","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/106680353","repostId":"1141446343","repostType":4,"repost":{"id":"1141446343","kind":"news","pubTimestamp":1620108260,"share":"https://ttm.financial/m/news/1141446343?lang=&edition=full","pubTime":"2021-05-04 14:04","market":"us","language":"en","title":"Bill and Melinda Gates are getting divorced. Here are some stocks they owned","url":"https://stock-news.laohu8.com/highlight/detail?id=1141446343","media":"seeking alpha","summary":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoftfounder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway, Waste Management, Caterpillar, Canadian National, Walmart, EcoLab, Crown Castle, ","content":"<ul><li>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.</li><li>In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).</li><li><a href=\"https://laohu8.com/S/TWOA.U\">Two</a> stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).</li><li>Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.</li><li>The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and <a href=\"https://laohu8.com/S/BCEL\">Atreca</a>(NASDAQ:BCEL).</li><li>Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago.&nbsp;This is how their wealth ended upsplit between them.</li></ul>","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>Bill and Melinda Gates are getting divorced. Here are some stocks they owned</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\">\nBill and Melinda Gates are getting divorced. Here are some stocks they owned\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-04 14:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned><strong>seeking alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his ...</p>\n\n<a href=\"https://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned\">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://seekingalpha.com/news/3689813-bill-and-melinda-gates-are-getting-divorced-here-are-some-stocks-they-owned","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1141446343","content_text":"Though the pairin a statement assuredthe public that they will continue to work together at their foundation despiteending their marriage, the news about the Microsoft(NASDAQ:MSFT)founder and his partner of 27 years may send shockwaves across their projects.In the latest13F filingfrom the Bill and Melinda Gates Foundation Trust for the period ended 12/31/20, top holdings by value in descending order included Berkshire Hathaway(NYSE:BRK.B), Waste Management(NYSE:WM), Caterpillar(NYSE:CAT), Canadian National(NYSE:CNI), Walmart(NYSE:WMT), EcoLab(NYSE:ECL), Crown Castle(NYSE:CCI), Fedex(NYSE:FDX)and UPS(NYSE:UPS).Two stocks in which the foundation has a large stake (more than 10% of shares outstanding) included Schrodinger(NASDAQ:SDGR)and Coca-Cola Femsa(NYSE:KOF).Most of the other holdings were below $1 billion in market value and their ownership consisted of less than 3% of shares outstanding in the associated stock.The Bill and Melinda Gates Foundation, in their latestquarterly filing, disclosed ownership stakes in Amyris(NASDAQ:AMRS), Vir Biotech(NASDAQ:VIR), BionTech(NASDAQ:BNTX), Curevac(NASDAQ:CVAC)and Atreca(NASDAQ:BCEL).Our readers may recall when the world's richest person, Jeff Bezos, and his partner Mackenzie Scottcalled it quits two years ago. This is how their wealth ended upsplit between them.","news_type":1,"symbols_score_info":{"AMRS":0.9,"BCEL":0.9,"BNTX":0.9,"BRK.B":0.9,"CAT":0.9,"CCI":0.9,"CNI":0.9,"CVAC":0.9,"FDX":0.9,"KOF":0.9,"MSFT":0.9,"SDGR":0.9,"UPS":0.9,"VIR":0.9,"WCLD":0.9,"WM":0.9,"WMT":0.9}},"isVote":1,"tweetType":1,"viewCount":302,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375996025,"gmtCreate":1619272380667,"gmtModify":1634287345246,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Too risky instrument","listText":"Too risky instrument","text":"Too risky instrument","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/375996025","repostId":"1179843002","repostType":4,"isVote":1,"tweetType":1,"viewCount":187,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":172040404,"gmtCreate":1626923107308,"gmtModify":1631884794608,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>My lovely stock","listText":"<a href=\"https://laohu8.com/S/DIS\">$Walt Disney(DIS)$</a>My lovely stock","text":"$Walt Disney(DIS)$My lovely stock","images":[{"img":"https://static.tigerbbs.com/e89bce3129e54dc574d288925b22c65f","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/172040404","isVote":1,"tweetType":1,"viewCount":284,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":150243710,"gmtCreate":1624918007730,"gmtModify":1633947177258,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Omg","listText":"Omg","text":"Omg","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/150243710","repostId":"2146583398","repostType":4,"repost":{"id":"2146583398","kind":"highlight","pubTimestamp":1624893426,"share":"https://ttm.financial/m/news/2146583398?lang=&edition=full","pubTime":"2021-06-28 23:17","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2146583398","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<p>In last week's article on three stocks to avoid, I predicted that <b>Royal Caribbean</b>&nbsp;(NYSE:RCL), <b>Steelcase</b> (NYSE:SCS),&nbsp;and <b>Osprey Bitcoin Trust</b> (OTC:OBTC) would have a rough few days.</p>\n<ul>\n <li>Royal Caribbean moved 4% upstream for the week. The cruise line moved higher despite having to remove two young passengers who tested positive for COVID-19 along with their families on the first test cruise of its <i>Adventure of the Seas</i> ship.</li>\n <li>Steelcase moved 9% higher. The office furniture specialist moved higher after posting better-than-expected quarterly results.</li>\n <li>Finally we have Osprey Bitcoin Trust slipping 6%. The crypto market continues to correct, and the single-asset trust continues to trade at a steep premium to its net assets.</li>\n</ul>\n<p>The three stocks averaged a 2.3% increase for the week. The <b>S&amp;P 500</b> rose 2.7%, so I actually won this week. Right now, I see <b>Norwegian Cruise Line</b> (NYSE:NCLH), <b><a href=\"https://laohu8.com/S/WBA\">Walgreens Boots Alliance</a></b> (NASDAQ:WBA), and Osprey Bitcoin Trust as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1097179481e56c16510cda0caeedd0eb\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>1. Norwegian Cruise Line</h2>\n<p>Last week's costly extraction of a pair of passengers with the COVID-19 virus should be concerning to folks who want to start sailing again. Having unvaccinated passengers hitting exotic ports-of-call in impoverished islands that are not as far along in the recovery cycle is going to make for a long recovery.</p>\n<p>Norwegian Cruise Line is the smallest of the three major cruise line operators, and it's also the most susceptible to any future setbacks. With the cruise line stocks already commanding pre-pandemic enterprise values, there isn't a lot of upside if things go right -- and plenty of downside if things go wrong.</p>\n<h2><b>2. Walgreens Boots Alliance</b></h2>\n<p>There aren't a lot of companies stepping up with fresh quarterly results this week. One that stands out as potentially problematic is Walgreens Boots Alliance. The drugstore chain and provider of pharmacy services reports on Thursday morning.</p>\n<p>Analysts aren't holding out for much. They see $33.76 billion in revenue for the fiscal third quarter, a 3% decline over the past year. Wall Street pros are holding out for a profit of $1.17 a share, but that's exactly what they were forecasting for last year's fiscal third quarter. Walgreens wound up earning just $0.71 a share. That was a crazy quarter in the wake of the pandemic, but Walgreens Boots Alliance has fallen short of analyst profit targets in two of the past four quarters.</p>\n<p>It's also not a good sign that drugstore rival <b>Rite Aid</b> (NYSE:RAD) plummeted 19% last week after posting disappointing quarterly results. Rite Aid -- which sold a bunch of its stores to Walgreens three years ago -- topped expectations, but its guidance proved to be problematic. Walgreens Boots Alliance has a lot to prove this week.</p>\n<h2>3. Osprey Bitcoin Trust</h2>\n<p>You should never pay more than you have to for something, and that's my beef with Osprey Bitcoin Trust, a small exchange-traded trust that owns nothing but <b>Bitcoin</b> (CRYPTO:BTC). Crypto has been falling out of favor in recent weeks, but Osprey Bitcoin Trust hasn't tumbled as hard.</p>\n<p>Over the past three weeks we've seen Osprey Bitcoin Trust's premium increase from 12% to 18% to 26% to what is now 30%. Osprey Bitcoin Trust closed at $14.22 last week. It only owns $10.97 a share in Bitcoin. If your risk profile is open to diversifying into crypto nearly every other outlet will be cheaper for you than this.</p>\n<p>If you're looking for safe stocks, you aren't likely to find them in Norwegian Cruise Line, Walgreens Boots Alliance, and Osprey Bitcoin Trust this week.</p>","source":"fool_stock","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>3 Stocks to Avoid This Week</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\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-28 23:17 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/28/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In last week's article on three stocks to avoid, I predicted that Royal Caribbean (NYSE:RCL), Steelcase (NYSE:SCS), and Osprey Bitcoin Trust (OTC:OBTC) would have a rough few days.\n\nRoyal Caribbean ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/28/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/06/28/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2146583398","content_text":"In last week's article on three stocks to avoid, I predicted that Royal Caribbean (NYSE:RCL), Steelcase (NYSE:SCS), and Osprey Bitcoin Trust (OTC:OBTC) would have a rough few days.\n\nRoyal Caribbean moved 4% upstream for the week. The cruise line moved higher despite having to remove two young passengers who tested positive for COVID-19 along with their families on the first test cruise of its Adventure of the Seas ship.\nSteelcase moved 9% higher. The office furniture specialist moved higher after posting better-than-expected quarterly results.\nFinally we have Osprey Bitcoin Trust slipping 6%. The crypto market continues to correct, and the single-asset trust continues to trade at a steep premium to its net assets.\n\nThe three stocks averaged a 2.3% increase for the week. The S&P 500 rose 2.7%, so I actually won this week. Right now, I see Norwegian Cruise Line (NYSE:NCLH), Walgreens Boots Alliance (NASDAQ:WBA), and Osprey Bitcoin Trust as vulnerable investments in the near term. Here's why I think these are three stocks to avoid this week.\nImage source: Getty Images.\n1. Norwegian Cruise Line\nLast week's costly extraction of a pair of passengers with the COVID-19 virus should be concerning to folks who want to start sailing again. Having unvaccinated passengers hitting exotic ports-of-call in impoverished islands that are not as far along in the recovery cycle is going to make for a long recovery.\nNorwegian Cruise Line is the smallest of the three major cruise line operators, and it's also the most susceptible to any future setbacks. With the cruise line stocks already commanding pre-pandemic enterprise values, there isn't a lot of upside if things go right -- and plenty of downside if things go wrong.\n2. Walgreens Boots Alliance\nThere aren't a lot of companies stepping up with fresh quarterly results this week. One that stands out as potentially problematic is Walgreens Boots Alliance. The drugstore chain and provider of pharmacy services reports on Thursday morning.\nAnalysts aren't holding out for much. They see $33.76 billion in revenue for the fiscal third quarter, a 3% decline over the past year. Wall Street pros are holding out for a profit of $1.17 a share, but that's exactly what they were forecasting for last year's fiscal third quarter. Walgreens wound up earning just $0.71 a share. That was a crazy quarter in the wake of the pandemic, but Walgreens Boots Alliance has fallen short of analyst profit targets in two of the past four quarters.\nIt's also not a good sign that drugstore rival Rite Aid (NYSE:RAD) plummeted 19% last week after posting disappointing quarterly results. Rite Aid -- which sold a bunch of its stores to Walgreens three years ago -- topped expectations, but its guidance proved to be problematic. Walgreens Boots Alliance has a lot to prove this week.\n3. Osprey Bitcoin Trust\nYou should never pay more than you have to for something, and that's my beef with Osprey Bitcoin Trust, a small exchange-traded trust that owns nothing but Bitcoin (CRYPTO:BTC). Crypto has been falling out of favor in recent weeks, but Osprey Bitcoin Trust hasn't tumbled as hard.\nOver the past three weeks we've seen Osprey Bitcoin Trust's premium increase from 12% to 18% to 26% to what is now 30%. Osprey Bitcoin Trust closed at $14.22 last week. It only owns $10.97 a share in Bitcoin. If your risk profile is open to diversifying into crypto nearly every other outlet will be cheaper for you than this.\nIf you're looking for safe stocks, you aren't likely to find them in Norwegian Cruise Line, Walgreens Boots Alliance, and Osprey Bitcoin Trust this week.","news_type":1,"symbols_score_info":{"OBTC":0.9,"RCL":0.9,"SCS":0.9,"WBA":0.9}},"isVote":1,"tweetType":1,"viewCount":175,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":123648219,"gmtCreate":1624422473031,"gmtModify":1634006327492,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Good","listText":"Good","text":"Good","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/123648219","repostId":"1121860730","repostType":4,"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":162449861,"gmtCreate":1624072915653,"gmtModify":1631884931670,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"Exxon Mobil Corporation XOM and Schlumberger Limited SLB have entered into an accord with Iraq’s state-run player Basrah Oil Co., said oil ministry of Iraq.The deal has been inked for drilling 96 wells in West Qurna 1 oilfield, with an aim to boost the field’s production capacity over the next five years by 200,000 barrel per day (Bbl/d). According to Karim Hattab, a deputy oil minister, out of more than 500,000 Bbl/d production capacity, the field is currently producing 380,000 Bbl/d of oil. Hattab added that 150 MMcf/d of associated gas is also being produced by the field.It is to be noted that ExxonMobil, the operator of West Qurna 1, is reportedly willing to divest its 32.7% interests in the field. The reasons behind the divestment motive are to utilize the proceeds for reducing debt l","listText":"Exxon Mobil Corporation XOM and Schlumberger Limited SLB have entered into an accord with Iraq’s state-run player Basrah Oil Co., said oil ministry of Iraq.The deal has been inked for drilling 96 wells in West Qurna 1 oilfield, with an aim to boost the field’s production capacity over the next five years by 200,000 barrel per day (Bbl/d). According to Karim Hattab, a deputy oil minister, out of more than 500,000 Bbl/d production capacity, the field is currently producing 380,000 Bbl/d of oil. Hattab added that 150 MMcf/d of associated gas is also being produced by the field.It is to be noted that ExxonMobil, the operator of West Qurna 1, is reportedly willing to divest its 32.7% interests in the field. The reasons behind the divestment motive are to utilize the proceeds for reducing debt l","text":"Exxon Mobil Corporation XOM and Schlumberger Limited SLB have entered into an accord with Iraq’s state-run player Basrah Oil Co., said oil ministry of Iraq.The deal has been inked for drilling 96 wells in West Qurna 1 oilfield, with an aim to boost the field’s production capacity over the next five years by 200,000 barrel per day (Bbl/d). According to Karim Hattab, a deputy oil minister, out of more than 500,000 Bbl/d production capacity, the field is currently producing 380,000 Bbl/d of oil. Hattab added that 150 MMcf/d of associated gas is also being produced by the field.It is to be noted that ExxonMobil, the operator of West Qurna 1, is reportedly willing to divest its 32.7% interests in the field. The reasons behind the divestment motive are to utilize the proceeds for reducing debt l","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/162449861","isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":195010281,"gmtCreate":1621239050643,"gmtModify":1631886149695,"author":{"id":"3581643954540827","authorId":"3581643954540827","name":"VictorTan","avatar":"https://static.tigerbbs.com/e8f6af35b29d90a5cf41d25d71ee2335","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3581643954540827","authorIdStr":"3581643954540827"},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Wait out","listText":"<a href=\"https://laohu8.com/S/PINS\">$Pinterest, Inc.(PINS)$</a>Wait out","text":"$Pinterest, Inc.(PINS)$Wait out","images":[{"img":"https://static.tigerbbs.com/1381b4ddff041d59ec518adf10228fdb","width":"1125","height":"1949"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/195010281","isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0}],"lives":[]}