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- xvvxvv
  ·2021-06-12
  Food for thought!
  Five Charts That Show How Much the Crypto Space Just Slowed Down
  There have been a lot of crypto headlines lately, from Miami to El Salvador. However, in the last fe
  Five Charts That Show How Much the Crypto Space Just Slowed Down
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- xvvxvv
  ·2021-06-12
  interesting article! 🤔🤔
  The Fed could be facing a jobs headache in its inflation fight
  KEY POINTS If the Federal Reserve's benign view on inflation prevails, employment will be key. The
  The Fed could be facing a jobs headache in its inflation fight
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- xvvxvv
  ·2021-06-11
  What’s everyone’s thoughts on GME again? It’s adifferent story everyday :P
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- xvvxvv
  ·2021-06-11
  Are meme sticks dead soon?
  非常抱歉，此主贴已删除
  659 评论
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- xvvxvv
  ·2021-06-11
  Short squeeze gogo
  Bed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says
  Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental tu
  Bed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says
  424 评论
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- xvvxvv
  ·2021-06-11
  GME MOOON
  INSIGHT-GameStop lures Amazon talent with grand plans and no frills
  June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate exce
  INSIGHT-GameStop lures Amazon talent with grand plans and no frills
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However, in the last fe","content":"<p>There have been a lot of crypto headlines lately, from Miami to El Salvador. However, in the last few weeks, the frenetic pace of the market has clearly slowed down. Obviously you see the change in mood in the price, with steep drops in the price of Ethereum and Bitcoin over the last several weeks.</p>\n<p>But other metrics are in decline as well lately.&nbsp;Looking at&nbsp;the data dashboard published by the news and research site The Block, here are five other&nbsp;indicators of the recent market slowdown.</p>\n<p>First, exchange volumes have&nbsp;dropped precipitously in recent weeks after a massive surge to start the year.</p>\n<p><img src=\"https://static.tigerbbs.com/fdbb9505cb642bf015d4bf16cd0eb42a\" tg-width=\"800\" tg-height=\"319\" referrerpolicy=\"no-referrer\">Next, if you look at the premium in the futures market, that’s come in massively. People aren’t paying up as much for out-month Bitcoin futures on Binance as they were several weeks ago, signaling a more subdued vibe.</p>\n<p><img src=\"https://static.tigerbbs.com/26f80455b1f9a93763b717075afa1bf3\" tg-width=\"800\" tg-height=\"324\" referrerpolicy=\"no-referrer\">Photographer: The Block</p>\n<p>Trading in NFTs has come&nbsp;down (though it’s still a massively bigger space than it was last year.)</p>\n<p><img src=\"https://static.tigerbbs.com/f64ecd0cf2f897669aac0783ffa24fc6\" tg-width=\"800\" tg-height=\"319\" referrerpolicy=\"no-referrer\">The Block</p>\n<p>On social media, there's been a big drop in the new follower counts for big exchanges, which is a nice gauge of public interest in the space.</p>\n<p><img src=\"https://static.tigerbbs.com/83c6a1861a2e1903b1af47943d935e7c\" tg-width=\"800\" tg-height=\"322\" referrerpolicy=\"no-referrer\">The Block</p>\n<p>And finally, in the DeFi realm, you can see the revenue generated by various protocols having fallen off sharply, in line with the drop in trading that we see on traditional exchanges.</p>\n<p><img src=\"https://static.tigerbbs.com/c5edc226a824195b7c847942c657073e\" tg-width=\"800\" tg-height=\"325\" referrerpolicy=\"no-referrer\">The Block</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>Five Charts That Show How Much the Crypto Space Just Slowed Down</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nFive Charts That Show How Much the Crypto Space Just Slowed Down\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 11:48 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-06-11/bitcoin-btc-ethereum-eth-crypto-markets-start-to-slow-down?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>There have been a lot of crypto headlines lately, from Miami to El Salvador. However, in the last few weeks, the frenetic pace of the market has clearly slowed down. Obviously you see the change in ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-06-11/bitcoin-btc-ethereum-eth-crypto-markets-start-to-slow-down?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc.","GBTC":"Grayscale Bitcoin Trust ETF"},"source_url":"https://www.bloomberg.com/news/articles/2021-06-11/bitcoin-btc-ethereum-eth-crypto-markets-start-to-slow-down?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1133871419","content_text":"There have been a lot of crypto headlines lately, from Miami to El Salvador. However, in the last few weeks, the frenetic pace of the market has clearly slowed down. Obviously you see the change in mood in the price, with steep drops in the price of Ethereum and Bitcoin over the last several weeks.\nBut other metrics are in decline as well lately. Looking at the data dashboard published by the news and research site The Block, here are five other indicators of the recent market slowdown.\nFirst, exchange volumes have dropped precipitously in recent weeks after a massive surge to start the year.\nNext, if you look at the premium in the futures market, that’s come in massively. People aren’t paying up as much for out-month Bitcoin futures on Binance as they were several weeks ago, signaling a more subdued vibe.\nPhotographer: The Block\nTrading in NFTs has come down (though it’s still a massively bigger space than it was last year.)\nThe Block\nOn social media, there's been a big drop in the new follower counts for big exchanges, which is a nice gauge of public interest in the space.\nThe Block\nAnd finally, in the DeFi realm, you can see the revenue generated by various protocols having fallen off sharply, in line with the drop in trading that we see on traditional exchanges.\nThe Block","news_type":1,"symbols_score_info":{"COIN":0.9,"GBTC":0.9}},"isVote":1,"tweetType":1,"viewCount":745,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":186677184,"gmtCreate":1623498152048,"gmtModify":1634032353313,"author":{"id":"3574946502683408","authorId":"3574946502683408","name":"xvv","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574946502683408","authorIdStr":"3574946502683408"},"themes":[],"htmlText":"interesting article! 🤔🤔","listText":"interesting article! 🤔🤔","text":"interesting article! 🤔🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/186677184","repostId":"1132413137","repostType":4,"repost":{"id":"1132413137","kind":"news","pubTimestamp":1623452566,"share":"https://ttm.financial/m/news/1132413137?lang=&edition=full","pubTime":"2021-06-12 07:02","market":"us","language":"en","title":"The Fed could be facing a jobs headache in its inflation fight","url":"https://stock-news.laohu8.com/highlight/detail?id=1132413137","media":"cnbc","summary":"KEY POINTS\n\nIf the Federal Reserve's benign view on inflation prevails, employment will be key.\nThe ","content":"<div>\n<p>KEY POINTS\n\nIf the Federal Reserve's benign view on inflation prevails, employment will be key.\nThe longer it takes to get people back to work, the more employers will have to pay.\nThe Fed wants ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/the-fed-could-be-facing-a-jobs-headache-in-its-inflation-fight.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>The Fed could be facing a jobs headache in its inflation fight</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Fed could be facing a jobs headache in its inflation fight\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-12 07:02 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/the-fed-could-be-facing-a-jobs-headache-in-its-inflation-fight.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTS\n\nIf the Federal Reserve's benign view on inflation prevails, employment will be key.\nThe longer it takes to get people back to work, the more employers will have to pay.\nThe Fed wants ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/the-fed-could-be-facing-a-jobs-headache-in-its-inflation-fight.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"道琼斯",".SPX":"S&P 500 Index","SPY":"标普500ETF",".IXIC":"NASDAQ Composite"},"source_url":"https://www.cnbc.com/2021/06/11/the-fed-could-be-facing-a-jobs-headache-in-its-inflation-fight.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1132413137","content_text":"KEY POINTS\n\nIf the Federal Reserve's benign view on inflation prevails, employment will be key.\nThe longer it takes to get people back to work, the more employers will have to pay.\nThe Fed wants higher inflation but not so high that it will have to tighten policy early.\nConsumer prices rose 5% in May, but the Fed believes inflationary pressures will ease in the months ahead.\n\nIf the Federal Reserve's view on inflation prevails, a few key things have to go right, particularly when it comes to getting people back to work.\nSolving the jobs puzzle has been the most vexing task for policymakers in thecoronavirus pandemicera, with nearly 10 million potential workers still considered unemployed even though the number of open positions availablehit a record of 9.3 million in April, according to the latest data from the U.S. Labor Department.\nThere's a fairly simple inflation dynamic at play: The longer it takes to get people back to work, the more employers will have to pay. Those higher salaries in turn will trigger higher prices and could lead to the kinds of longer-term inflationary above-normal pressures that the Fed is trying to avoid.\n\"Unfortunately, we see good reasons to think that labor participation might not return quickly to its\npre-Covid level,\" Ian Shepherdson, chief economist at Pantheon Macroeconomics, said in a note. \"Whatever is happening here, the Fed needs large numbers of these people to return to the labor force in the fall.\"\nThe pace of inflation is of critical importance for economic trajectory. Inflation that runs too high could force the Fed to tighten monetary policy quicker than it wants, causing cascading impacts to aneconomy dependent on debtand thus critically tied to low interest rates.\nConsumer pricesincreased at a 5% paceyear over year in May, the fastest since the financial crisis. Economists, though, generally agreed that much of what is driving the rapid inflation surge is due to temporary factors that will ease up as the recovery continues and the economy returns to normal following the unprecedented pandemic shock.\nThat's far from certain, though.\nThe Atlanta Fed's gauge of \"sticky\" inflation, or price of goods that tend not to fluctuate greatly over time,rose 2.7% year over year in Mayfor the strongest growth since April 2009. A separate measure of \"flexible\" CPI, or prices that do tend to move frequently, increased a stunning 12.4%, the fastest since December 1980.\nIn their most recent forecast, Fed officials putcore inflation at 2.2% for all of 2021; Shepherdson said the current numbers suggest something closer to 3.5%.\n\"That's a huge miss, and it potentially poses a serious threat to the Fed's benign view of medium-term inflation because of its potential impact of the labor market,\" Shepherdson said.\nWhat's keeping workers home\nSurveys show a variety of factors keeping workers from taking jobs: Ongoing pandemic concerns,child-care issues, particularly for women, andenhanced unemployment benefitsthat are being withdrawn in about half the states and will expire entirely in September.\nFrom the employer perspective, worries over skill mismatches have persisted for several years and have worsened during the pandemic. For instance, a survey from online learning company Coursera showed that the U.S. has fallen to 29th in the world in digital skills needed for high-demand entry-level jobs.\nThe dilemma is a pervasive one in American business nowadays.\nDavid Wilkinson, president of NCR Retail, the cash register maker that now provides a variety of products and services to the industry, said he sees \"a bit of a labor crisis\" unfolding.\n\"As labor gets harder to come by, as labor gets more expensive, the other side of the inflationary worry is that as prices go up, the cost of living goes up and you have to pay people more as they demand more,\" Wilkinson said. \"All of my customers are struggling to staff at levels that they need staff to really get to the other side of this surge.\"\nWhile he thinks inflation eventually will come down from its current level, he expects it will be higher than the sub-2% that prevailed during most of the post-financial crisis era.\nThe implementation of technology accelerated during the Covid era. While that will continue, Wilkinson said he also expects to see retailers paying higher wages to fill the demand for staff.\n\"We're seeing an increased focus on the worker in retail, and part of that is both the experience, the technology they need to do the job, and part of that is the willingness to pay,\" he said. \"This brought that back to the forefront.\"\nManaging its way through the various dynamics could prove difficult for the Fed.\nPrevious attempts to normalize policy over the years have largely failed, with the central bank having to revert back to the zero-interest money-printing world that arose during the financial crisis.\n\"The Fed is trapped,\" wrote Joseph LaVorgna, chief economist for the Americas at Natixis and former chief economist for the National Economic Council.\nWhile LaVorgna sees inflation as staying relatively under control, he thinks the Fed could face problems from deflationary pressures. The central bank doesn't like inflation that's too low, as it creates a low-expectation cycle that constricts monetary policy during downturns.\n\"The political pressure to do nothing will be intense\" as government debt increases, LaVorgna said. \"If the Fed cannot (or will not) remove excessive policy accommodation when the economy is booming, how can policymakers do it when growth invariably slows?\"\nMarkets betting on the Fed\nIndeed, markets aren't expecting much movement at all in policy.\nTreasury yields actually have dropped since Thursday's hotter-than-expected consumer price index report, and market pricing now points to no rate hikes until about September 2022 and a fed funds rate of just 1% through May 2026.\nAreport Fridayfrom the University of Michigan also showed consumers are lowering their inflation expectations, with the year-ahead outlook at 4%, down from 4.6% in the last survey, and at 2.8% over five years, down from 3% though still well above the Fed's 2% target.\n\"For all the fears that the Fed will be prompted to tighten policy early to curb inflation, we suspect officials will be just as worried about a slowdown in the recovery in real activity,\" wrote Michael Pearce, senior U.S. economist at Capital Economics.\nFed officials likely will talk next week about which way the risks are tilted in the current scenario. They've been lukewarm about the recovery, continuing to emphasize the role, albeit diminishing, of the pandemic and encouraging a full-throated policy response.\nHowever, if inflation readings persist to the upside, the pressure at least to tap the brakes on the monthly asset purchases will build.\n\"There's been this debate about whether inflation is different this time,\" said Quincy Krosby, chief market strategist at Prudential Financial. \"If inflation rises in a more material and less transitory way, consumers are going to need higher wages.\"\nThe Fed is betting that a return to the labor market, particularly by women, will help hold down wage pressures and keep inflation in check. The current labor forceparticipation rate for womenis 56.2%, up from the pandemic lows but otherwise the worst since May 1987.\nRegardless of the inflation pressures, the Fed last year changed its mission statement to keep policy accommodative until the economy sees inclusive labor gains, meaning across gender, income and race.\n\"They are going to make sure that the glide path to [policy] liftoff is long,\" Krosby said. \"The question is, if inflation picks up in a more meaningful way and is stickier, what does the Fed do? That's the concern the market has.\"","news_type":1,"symbols_score_info":{".DJI":0.9,".IXIC":0.9,".SPX":0.9,"SPY":0.9}},"isVote":1,"tweetType":1,"viewCount":970,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181769475,"gmtCreate":1623412109397,"gmtModify":1634033595175,"author":{"id":"3574946502683408","authorId":"3574946502683408","name":"xvv","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574946502683408","authorIdStr":"3574946502683408"},"themes":[],"htmlText":"What’s everyone’s thoughts on GME again? It’s adifferent story everyday :P","listText":"What’s everyone’s thoughts on GME again? It’s adifferent story everyday :P","text":"What’s everyone’s thoughts on GME again? It’s adifferent story everyday :P","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181769475","isVote":1,"tweetType":1,"viewCount":548,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181760088,"gmtCreate":1623412034544,"gmtModify":1634033596926,"author":{"id":"3574946502683408","authorId":"3574946502683408","name":"xvv","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574946502683408","authorIdStr":"3574946502683408"},"themes":[],"htmlText":"Are meme sticks dead soon?","listText":"Are meme sticks dead soon?","text":"Are meme sticks dead soon?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181760088","repostId":"2142022769","repostType":4,"isVote":1,"tweetType":1,"viewCount":659,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181735309,"gmtCreate":1623411000001,"gmtModify":1634033612079,"author":{"id":"3574946502683408","authorId":"3574946502683408","name":"xvv","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574946502683408","authorIdStr":"3574946502683408"},"themes":[],"htmlText":"Short squeeze gogo","listText":"Short squeeze gogo","text":"Short squeeze gogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181735309","repostId":"1177158248","repostType":4,"repost":{"id":"1177158248","kind":"news","pubTimestamp":1623409886,"share":"https://ttm.financial/m/news/1177158248?lang=&edition=full","pubTime":"2021-06-11 19:11","market":"us","language":"en","title":"Bed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says","url":"https://stock-news.laohu8.com/highlight/detail?id=1177158248","media":"cnbc","summary":"Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental tu","content":"<div>\n<p>Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental turnaround also may be losing steam, according to KeyBanc Capital Markets.\nThe stock reemerged as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Bed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nBed Bath & Beyond can fall 30% as Reddit frenzy slows, KeyBanc says\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-11 19:11 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental turnaround also may be losing steam, according to KeyBanc Capital Markets.\nThe stock reemerged as ...</p>\n\n<a href=\"https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"https://www.cnbc.com/2021/06/11/bed-bath-beyond-stock-keybanc-underweight.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1177158248","content_text":"Bed Bath & Beyond appears to have lost momentum from Reddit-inspired traders, and its fundamental turnaround also may be losing steam, according to KeyBanc Capital Markets.\nThe stock reemerged as ameme trade earlier this monthbut has pulled back as that retail trading energy has dissipated. Shares have fallen more than 14% in the past two sessions on daily volume of less than 7 million shares. Volume topped 100 million on June 2.\nKeyBanc analyst Bradley Thomas reiterated an underweight rating on the stock, saying in a note to clients on Thursday evening that the retailer’s sales appeared to dip in the back half of the spring and the shares still have significant downside.\n“1Q data indicates potential outperformance relative to Street expectations. ... However, monthly trends peaked in April and have since slowed, which we believe indicates BBBY’s strength was largely driven by government stimulus,” the note said.\nKeyBanc has a price target of $22 per share, which is 30% below where the stock closed Thursday. That difference has been caused by the Reddit-inspired surge and makes the stock a risky bet for investors, the firm said.\n“We think BBBY is a fundamentally challenged retailer undergoing a turnaround by a highly respected new management team. Given this backdrop, we believe valuation is a crucial factor for investors. With shares up significantly YTD ... and activities spurred by the Reddit message board ‘WallStreetBets’ to push short squeezes, we believe BBBY shares currently far exceed fair value,” the note said.","news_type":1,"symbols_score_info":{"BBBY":0.9}},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":181732984,"gmtCreate":1623410947148,"gmtModify":1634033612790,"author":{"id":"3574946502683408","authorId":"3574946502683408","name":"xvv","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3574946502683408","authorIdStr":"3574946502683408"},"themes":[],"htmlText":"GME MOOON","listText":"GME MOOON","text":"GME MOOON","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/181732984","repostId":"2142270549","repostType":4,"repost":{"id":"2142270549","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1623405600,"share":"https://ttm.financial/m/news/2142270549?lang=&edition=full","pubTime":"2021-06-11 18:00","market":"us","language":"en","title":"INSIGHT-GameStop lures Amazon talent with grand plans and no frills","url":"https://stock-news.laohu8.com/highlight/detail?id=2142270549","media":"Reuters","summary":"June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate exce","content":"<p>June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc's Australia chief Matt Furlong as chief executive, according to people familiar with the process.</p>\n<p>Cohen wanted the message to be stern, said the sources, who were close to the discussions. The transformation of the ailing brick-and-mortar retailer into an e-commerce powerhouse would require laser-like focus and determination, Cohen told Furlong.</p>\n<p>The role would come with no frills, but it would pay off handsomely in GameStop shares if the turnaround was successful. The majority of Furlong's performance-based compensation will be tied to stock awards.</p>\n<p>The move represents Cohen's boldest gambit yet in his push to attract talent from Amazon. GameStop's market value has soared to $16 billion from $250 million a year ago, as amateur traders challenged hedge funds betting against the company and turned it into a popular \"meme\" stock on Reddit and other social media.</p>\n<p>Most analysts say the valuation of the company is out of whack with the fundamentals of its business, representing a bold bet for any GameStop recruit who accepts the volatile stock as part of their compensation.</p>\n<p>GameStop on Wednesday announced the hiring of Furlong alongside that of Amazon's North American consumer business financial chief Mike Recupero as its chief financial officer. They were the latest Amazon veterans poached by Cohen, the billionaire co-founder of online pet supplies retailer Chewy Inc, who joined GameStop's board in January.</p>\n<p>In March, Cohen tapped Amazon operations executive Jenna Owens as chief operating officer, <a href=\"https://laohu8.com/S/AONE\">one</a> month after bringing in top Amazon Web Services engineer Matt Francis as chief technology officer. Another Amazon executive in the e-commerce giant's grocery business, Elliott Wilke, was hired in April as chief growth officer.</p>\n<p>Amazon did not respond to a request for comment.</p>\n<p>Cohen spent two months speaking to more than 50 potential CEO candidates from a range of industries, including gaming and e-commerce, the sources said. Cohen and Furlong had discussed a potential role for him at Chewy more than six years ago, and someone in Cohen's network pointed him back to Furlong as a strong CEO candidate for GameStop, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the sources added.</p>\n<p>Based in Miami, Cohen called Furlong in Australia and held a series of virtual meetings that later included GameStop's board members. The job description called for fixing the company's distribution network, deconstructing its website and delivering on Cohen's vision of high-touch customer service, according to the sources.</p>\n<p>Furlong would be expected to spend long hours on the job without the perks enjoyed by outgoing GameStop CEO George Sherman, such as a company plane and executive assistants, Cohen told him. While Sherman will remain on GameStop's board, he is leaving the CEO role because the board decided he lacks the necessary e-commerce expertise, according to the sources.</p>\n<p>A representative for Sherman declined to comment.</p>\n<p>In his discussions with Furlong, Cohen said previous GameStop executives let order-processing operations and customer service languish, the sources said. Were Furlong to fix these problems, he would be rewarded generously with GameStock shares.</p>\n<p>Details of Furlong's compensation package have not yet been disclosed by GameStop.</p>\n<p>Furlong, 42, was eager for the challenge and happy to relocate to GameStop's headquarters in Grapevine, Texas, the sources said.</p>\n<p>Some GameStop board members even played up the challenges Furlong would face in transforming the company into an \"Amazon of videogames\" to make sure he was committed.</p>\n<p>\"We wanted to know why you would leave the safety and comfort of your current position, essentially kiss your family good-bye, and get in there to build something from the ground up,\" one of the sources familiar with the board's thinking said.</p>\n<p>Cohen also acknowledged during the interview process that the transformation would take time, the sources said.</p>\n<p>Representatives for GameStop, Cohen and Furlong declined to comment.</p>\n<p>\"We have a lot of work in front of us. You won't find us talking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition, that's the philosophy we adopted at Chewy,\" Cohen told GameStop shareholders at the company's annual meeting on Wednesday.</p>\n<p><b>FINANCIAL FIREPOWER</b></p>\n<p>It's not clear how hands-off Cohen, 35, will be at GameStop once Furlong assumes his duties on June 21. Cohen has been obsessing about customer service, personally calling GameStop customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, Reuters reported in March.</p>\n<p>GameStop said on Wednesday it remained loss-making, though it trimmed its first-quarter operating loss to $40.8 million from $108 million a year ago.</p>\n<p>Furlong will have plenty of financial firepower to deploy in his new mission. GameStop has already sold more than $550 million in stock since the Reddit rally began in January, some of which it used to pay off is debt and launch a 700,000-square-foot warehousing facility in York, Pennsylvania. The company said on Wednesday it would seek to sell up to 5 million more shares, currently worth $1.1 billion.</p>\n<p>(Reporting by Svea Herbst-Bayliss in Boston; Editing by Greg Roumeliotis and Cynthia Osterman)</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>INSIGHT-GameStop lures Amazon talent with grand plans and no frills</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\">\nINSIGHT-GameStop lures Amazon talent with grand plans and no frills\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-06-11 18:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc's Australia chief Matt Furlong as chief executive, according to people familiar with the process.</p>\n<p>Cohen wanted the message to be stern, said the sources, who were close to the discussions. The transformation of the ailing brick-and-mortar retailer into an e-commerce powerhouse would require laser-like focus and determination, Cohen told Furlong.</p>\n<p>The role would come with no frills, but it would pay off handsomely in GameStop shares if the turnaround was successful. The majority of Furlong's performance-based compensation will be tied to stock awards.</p>\n<p>The move represents Cohen's boldest gambit yet in his push to attract talent from Amazon. GameStop's market value has soared to $16 billion from $250 million a year ago, as amateur traders challenged hedge funds betting against the company and turned it into a popular \"meme\" stock on Reddit and other social media.</p>\n<p>Most analysts say the valuation of the company is out of whack with the fundamentals of its business, representing a bold bet for any GameStop recruit who accepts the volatile stock as part of their compensation.</p>\n<p>GameStop on Wednesday announced the hiring of Furlong alongside that of Amazon's North American consumer business financial chief Mike Recupero as its chief financial officer. They were the latest Amazon veterans poached by Cohen, the billionaire co-founder of online pet supplies retailer Chewy Inc, who joined GameStop's board in January.</p>\n<p>In March, Cohen tapped Amazon operations executive Jenna Owens as chief operating officer, <a href=\"https://laohu8.com/S/AONE\">one</a> month after bringing in top Amazon Web Services engineer Matt Francis as chief technology officer. Another Amazon executive in the e-commerce giant's grocery business, Elliott Wilke, was hired in April as chief growth officer.</p>\n<p>Amazon did not respond to a request for comment.</p>\n<p>Cohen spent two months speaking to more than 50 potential CEO candidates from a range of industries, including gaming and e-commerce, the sources said. Cohen and Furlong had discussed a potential role for him at Chewy more than six years ago, and someone in Cohen's network pointed him back to Furlong as a strong CEO candidate for GameStop, <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the sources added.</p>\n<p>Based in Miami, Cohen called Furlong in Australia and held a series of virtual meetings that later included GameStop's board members. The job description called for fixing the company's distribution network, deconstructing its website and delivering on Cohen's vision of high-touch customer service, according to the sources.</p>\n<p>Furlong would be expected to spend long hours on the job without the perks enjoyed by outgoing GameStop CEO George Sherman, such as a company plane and executive assistants, Cohen told him. While Sherman will remain on GameStop's board, he is leaving the CEO role because the board decided he lacks the necessary e-commerce expertise, according to the sources.</p>\n<p>A representative for Sherman declined to comment.</p>\n<p>In his discussions with Furlong, Cohen said previous GameStop executives let order-processing operations and customer service languish, the sources said. Were Furlong to fix these problems, he would be rewarded generously with GameStock shares.</p>\n<p>Details of Furlong's compensation package have not yet been disclosed by GameStop.</p>\n<p>Furlong, 42, was eager for the challenge and happy to relocate to GameStop's headquarters in Grapevine, Texas, the sources said.</p>\n<p>Some GameStop board members even played up the challenges Furlong would face in transforming the company into an \"Amazon of videogames\" to make sure he was committed.</p>\n<p>\"We wanted to know why you would leave the safety and comfort of your current position, essentially kiss your family good-bye, and get in there to build something from the ground up,\" one of the sources familiar with the board's thinking said.</p>\n<p>Cohen also acknowledged during the interview process that the transformation would take time, the sources said.</p>\n<p>Representatives for GameStop, Cohen and Furlong declined to comment.</p>\n<p>\"We have a lot of work in front of us. You won't find us talking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition, that's the philosophy we adopted at Chewy,\" Cohen told GameStop shareholders at the company's annual meeting on Wednesday.</p>\n<p><b>FINANCIAL FIREPOWER</b></p>\n<p>It's not clear how hands-off Cohen, 35, will be at GameStop once Furlong assumes his duties on June 21. Cohen has been obsessing about customer service, personally calling GameStop customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, Reuters reported in March.</p>\n<p>GameStop said on Wednesday it remained loss-making, though it trimmed its first-quarter operating loss to $40.8 million from $108 million a year ago.</p>\n<p>Furlong will have plenty of financial firepower to deploy in his new mission. GameStop has already sold more than $550 million in stock since the Reddit rally began in January, some of which it used to pay off is debt and launch a 700,000-square-foot warehousing facility in York, Pennsylvania. The company said on Wednesday it would seek to sell up to 5 million more shares, currently worth $1.1 billion.</p>\n<p>(Reporting by Svea Herbst-Bayliss in Boston; Editing by Greg Roumeliotis and Cynthia Osterman)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QNETCN":"纳斯达克中美互联网老虎指数","GME":"游戏驿站","03086":"华夏纳指","AMZN":"亚马逊","09086":"华夏纳指-U","CHWY":"Chewy, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2142270549","content_text":"June 11 (Reuters) - GameStop Corp Chairman Ryan Cohen made a point of doing away with corporate excess such as a company plane and used the allure of rebuilding the videogame retailer to recruit Amazon.com Inc's Australia chief Matt Furlong as chief executive, according to people familiar with the process.\nCohen wanted the message to be stern, said the sources, who were close to the discussions. The transformation of the ailing brick-and-mortar retailer into an e-commerce powerhouse would require laser-like focus and determination, Cohen told Furlong.\nThe role would come with no frills, but it would pay off handsomely in GameStop shares if the turnaround was successful. The majority of Furlong's performance-based compensation will be tied to stock awards.\nThe move represents Cohen's boldest gambit yet in his push to attract talent from Amazon. GameStop's market value has soared to $16 billion from $250 million a year ago, as amateur traders challenged hedge funds betting against the company and turned it into a popular \"meme\" stock on Reddit and other social media.\nMost analysts say the valuation of the company is out of whack with the fundamentals of its business, representing a bold bet for any GameStop recruit who accepts the volatile stock as part of their compensation.\nGameStop on Wednesday announced the hiring of Furlong alongside that of Amazon's North American consumer business financial chief Mike Recupero as its chief financial officer. They were the latest Amazon veterans poached by Cohen, the billionaire co-founder of online pet supplies retailer Chewy Inc, who joined GameStop's board in January.\nIn March, Cohen tapped Amazon operations executive Jenna Owens as chief operating officer, one month after bringing in top Amazon Web Services engineer Matt Francis as chief technology officer. Another Amazon executive in the e-commerce giant's grocery business, Elliott Wilke, was hired in April as chief growth officer.\nAmazon did not respond to a request for comment.\nCohen spent two months speaking to more than 50 potential CEO candidates from a range of industries, including gaming and e-commerce, the sources said. Cohen and Furlong had discussed a potential role for him at Chewy more than six years ago, and someone in Cohen's network pointed him back to Furlong as a strong CEO candidate for GameStop, one of the sources added.\nBased in Miami, Cohen called Furlong in Australia and held a series of virtual meetings that later included GameStop's board members. The job description called for fixing the company's distribution network, deconstructing its website and delivering on Cohen's vision of high-touch customer service, according to the sources.\nFurlong would be expected to spend long hours on the job without the perks enjoyed by outgoing GameStop CEO George Sherman, such as a company plane and executive assistants, Cohen told him. While Sherman will remain on GameStop's board, he is leaving the CEO role because the board decided he lacks the necessary e-commerce expertise, according to the sources.\nA representative for Sherman declined to comment.\nIn his discussions with Furlong, Cohen said previous GameStop executives let order-processing operations and customer service languish, the sources said. Were Furlong to fix these problems, he would be rewarded generously with GameStock shares.\nDetails of Furlong's compensation package have not yet been disclosed by GameStop.\nFurlong, 42, was eager for the challenge and happy to relocate to GameStop's headquarters in Grapevine, Texas, the sources said.\nSome GameStop board members even played up the challenges Furlong would face in transforming the company into an \"Amazon of videogames\" to make sure he was committed.\n\"We wanted to know why you would leave the safety and comfort of your current position, essentially kiss your family good-bye, and get in there to build something from the ground up,\" one of the sources familiar with the board's thinking said.\nCohen also acknowledged during the interview process that the transformation would take time, the sources said.\nRepresentatives for GameStop, Cohen and Furlong declined to comment.\n\"We have a lot of work in front of us. You won't find us talking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition, that's the philosophy we adopted at Chewy,\" Cohen told GameStop shareholders at the company's annual meeting on Wednesday.\nFINANCIAL FIREPOWER\nIt's not clear how hands-off Cohen, 35, will be at GameStop once Furlong assumes his duties on June 21. Cohen has been obsessing about customer service, personally calling GameStop customers late into the night to solicit feedback, and has made a push to upgrade the company's website and online ordering system, Reuters reported in March.\nGameStop said on Wednesday it remained loss-making, though it trimmed its first-quarter operating loss to $40.8 million from $108 million a year ago.\nFurlong will have plenty of financial firepower to deploy in his new mission. GameStop has already sold more than $550 million in stock since the Reddit rally began in January, some of which it used to pay off is debt and launch a 700,000-square-foot warehousing facility in York, Pennsylvania. The company said on Wednesday it would seek to sell up to 5 million more shares, currently worth $1.1 billion.\n(Reporting by Svea Herbst-Bayliss in Boston; Editing by Greg Roumeliotis and Cynthia Osterman)","news_type":1,"symbols_score_info":{"03086":0.9,"09086":0.9,"AMZN":0.9,"CHWY":0.9,"GME":0.9,"QNETCN":0.9}},"isVote":1,"tweetType":1,"viewCount":438,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":false}