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2022-11-01

[Happy]

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2022-10-29

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Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst

2021-05-03

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Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week

2021-05-02

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2021-04-28

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2021-04-26

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2021-04-25

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2021-04-20

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2021-04-17

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2021-04-15

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KKR-backed AppLovin raises $2 billion in IPO -source

2021-04-12

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JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week

2021-04-11

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2021-04-08

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5 Things You Might Have Missed in the Fed’s Minutes

2021-04-07

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2021-04-05

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3 Beaten-Down Stocks That Could Double Your Money

2021-04-03

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2021-04-02

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Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up

2021-04-01

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2021-03-31

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2021-03-29

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EXCLUSIVE-Visa moves to allow payment settlements using cryptocurrency

Go to Tiger App to see more news

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16:49","market":"us","language":"en","title":"Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=1105945743","media":"TipRanks","summary":"Anything you can do, I can do… just as bad as you? 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After disastrous results for Alphabet, Microsoft and then Meta, the ecommerce ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst\">Source Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Amazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst</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\">\nAmazon Stock: Q4 Guide Disappoints but Still a Long-Term Winner, Says 5-Star Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-10-28 16:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fallen tech giants. After disastrous results for Alphabet, Microsoft and then Meta, the ecommerce ...</p>\n\n<a href=\"https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMZN":"亚马逊"},"source_url":"https://www.tipranks.com/news/article/amazon-stock-q4-guide-disappoints-but-still-a-long-term-winner-says-5-star-analyst","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1105945743","content_text":"Anything you can do, I can do… just as bad as you? On Thursday, Amazon (AMZN) joined the list of fallen tech giants. After disastrous results for Alphabet, Microsoft and then Meta, the ecommerce leader took its turn to reflect the difficulties faced by the market leaders in the current economic climate.Shares are taking a hit in pre-market trading after the company said it expects a deceleration in sales growth for the holiday season, with waning demand amidst fears of a recession and the strong dollar all taking their toll. Meanwhile, Amazon also delivered a mixed Q3 report.First, the bright spot; posting a quarterly profit for the first time in 2022, Amazon delivered EPS of $0.28, coming in ahead of the Street’s forecast of $0.22.But there was a miss on the top-line as revenue increased by 14.7% year-over-year to $127.1 billion, falling shy of the consensus estimate by $370 million.Exhibiting the lowest growth rate since the start of 2014, AWS sales increased by 27.5% from the same period a year ago to $20.5 billion, below the analysts’ prediction of $21.2 billion.And then there was the guide; for Q4, Amazon’s operating income is expected in the region between $0 and $4.0 billion, with sales coming in between $140 billion to $148 billion. That was a big letdown as Wall Street had called for operating income of $5.05 billion and revenue of $155.09 billion.With the shares hammered and the stock on course to head back below the $1 trillion market cap threshold for the first time since April 2020, Truist’s Youssef Squali has some reassuring words for battered investors.“AMZN’s results were generally in line with expectations but the linearity of 3Q and the 4Q guide show that demand trends are slowing into October,” the 5-star analyst said. “In addition to macro headwinds, AMZN is also working to regain productivity losses from Covid, which are taking a bit longer to materialize and weighing on margins. That said, we view these challenges as temporary and see AMZN with the power of Prime, AWS leadership and rapidly growing ad business as best positioned to ride these multiple secular growth trends in FY23/beyond.”To this end, Squali maintains a Buy rating although the price target is lowered from $170 to $160. Still, the revised figure suggests shares will climb 44% higher over the coming months.Amazon remains a favorite on Wall Street. While one analyst stays on the sidelines, all 30 other reviews on file are positive, making the consensus view here a Strong Buy. Going by the $169.32 average target, the shares have room for 53% growth in the year ahead.","news_type":1,"symbols_score_info":{"AMZN":0.9}},"isVote":1,"tweetType":1,"viewCount":2014,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":108586422,"gmtCreate":1620041573466,"gmtModify":1704337735764,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108586422","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","kind":"news","pubTimestamp":1619999342,"share":"https://ttm.financial/m/news/1135819410?lang=en_US&edition=fundamental","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&amp;P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday:&nbsp;Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p>On Wednesday,&nbsp;Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings.&nbsp;Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on&nbsp;Friday.</p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p>On the economic calendar this week, the&nbsp;main event will jobs Friday.&nbsp;The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its&nbsp;Services equivalent on Wednesday.</p><p>Enterprise Products Partners&nbsp;and Estée Lauder release earnings.</p><p>Merck and&nbsp;Public Storage&nbsp;hold virtual investor days.</p><p><b>The Census Bureau</b>&nbsp;reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><b>Tuesday 5/4</b></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p>Eli Lilly&nbsp;holds a conference call to discuss its sustainability initiatives.</p><p>Union Pacific&nbsp;holds its 2021 virtual investor day.</p><p><b>Wednesday 5/5</b></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><b>ADP releases</b>&nbsp;its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><b>ISM releases</b>&nbsp;its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><b>Thursday 5/6</b></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and&nbsp;Zoetishold conference calls to discuss quarterly results.</p><p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><b>Friday 5/7</b></p><p><b>The Bureau of Labor</b>&nbsp;Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p>Cigna and&nbsp;<b>Liberty Media</b>&nbsp;report earnings.</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>Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch 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\">\nUber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: ...</p>\n\n<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞",".DJI":"道琼斯","GM":"通用汽车",".IXIC":"NASDAQ Composite","TMUS":"T-Mobile US Inc",".SPX":"S&P 500 Index","UBER":"优步","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1,"symbols_score_info":{"UBER":0.9,".DJI":0.9,"PYPL":0.9,"VIACP":0.9,"GM":0.9,"PFE":0.9,".IXIC":0.9,"TMUS":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":101719267,"gmtCreate":1619942466159,"gmtModify":1704336644152,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/101719267","repostId":"1103106179","repostType":4,"isVote":1,"tweetType":1,"viewCount":2123,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":100159081,"gmtCreate":1619592238543,"gmtModify":1704726475868,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/100159081","repostId":"1124091974","repostType":4,"isVote":1,"tweetType":1,"viewCount":2491,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":374950112,"gmtCreate":1619411398136,"gmtModify":1704723441724,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"Oo","listText":"Oo","text":"Oo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/374950112","repostId":"1184404050","repostType":4,"isVote":1,"tweetType":1,"viewCount":2666,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":375946267,"gmtCreate":1619291428759,"gmtModify":1704722104788,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/375946267","repostId":"1166519043","repostType":4,"isVote":1,"tweetType":1,"viewCount":2191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":371978616,"gmtCreate":1618906945035,"gmtModify":1704716668716,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/371978616","repostId":"1188377415","repostType":4,"isVote":1,"tweetType":1,"viewCount":2220,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":370588391,"gmtCreate":1618609382913,"gmtModify":1704713308852,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/370588391","repostId":"1179330583","repostType":4,"isVote":1,"tweetType":1,"viewCount":2734,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":347194171,"gmtCreate":1618473211793,"gmtModify":1704711359020,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostS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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":1618447631,"share":"https://ttm.financial/m/news/1150469902?lang=en_US&edition=fundamental","pubTime":"2021-04-15 08:47","market":"us","language":"en","title":"KKR-backed AppLovin raises $2 billion in IPO -source","url":"https://stock-news.laohu8.com/highlight/detail?id=1150469902","media":"Reuters","summary":"U.S. mobile app and gaming company AppLovin Corp sold shares in its initial public offering (IPO) at","content":"<p>U.S. mobile app and gaming company AppLovin Corp sold shares in its initial public offering (IPO) at the mid-point of its target range to raise $2 billion, a person familiar with the matter said on Wednesday.</p>\n<p>AppLovin, which is backed by private equity giant KKR &amp; Co Inc, priced 25 million shares at $80 per share, the source said. It had set an IPO target range of $75 to $85 per share.</p>\n<p>The IPO values AppLovin at $28.6 billion.</p>\n<p>The source requested not to be identified ahead of an official announcement. AppLovin did not immediately respond to a request for comment.</p>\n<p>The Palo Alto, California-based company is the latest player in the mobile gaming industry to eye a stock market listing, as demand for video games surges among consumers staying at home during the COVID-19 pandemic.</p>\n<p>In the past 12 months, the likes of Playtika Holding Corp, Roblox Corp and Unity Software Inc have gone public.</p>\n<p>The IPO represents a big windfall for KKR, which acquired a minority stake in AppLovin in 2018 for $400 million, in a deal which valued the company at $2 billion.</p>\n<p>AppLovin abandoned plans to sell itself to Chinese buyout firm Orient Hontai Capital in 2017. A U.S. national security panel shot down the $1.4 billion deal on data security worries.</p>\n<p>AppLovin now has over 410 million daily active users on its platform and its apps consist of more than 200 free-to-play mobile games, including Word Connect, Slap Kings and Bingo Story.</p>\n<p>The company’s shares are scheduled to begin trading on Nasdaq on Thursday under the symbol “APP”.</p>\n<p>Morgan Stanley, JPMorgan, KKR, BofA Securities and Citigroup were among the underwriters of the IPO.</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>KKR-backed AppLovin raises $2 billion in IPO -source</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\">\nKKR-backed AppLovin raises $2 billion in IPO -source\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\">2021-04-15 08:47</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>U.S. mobile app and gaming company AppLovin Corp sold shares in its initial public offering (IPO) at the mid-point of its target range to raise $2 billion, a person familiar with the matter said on Wednesday.</p>\n<p>AppLovin, which is backed by private equity giant KKR &amp; Co Inc, priced 25 million shares at $80 per share, the source said. It had set an IPO target range of $75 to $85 per share.</p>\n<p>The IPO values AppLovin at $28.6 billion.</p>\n<p>The source requested not to be identified ahead of an official announcement. AppLovin did not immediately respond to a request for comment.</p>\n<p>The Palo Alto, California-based company is the latest player in the mobile gaming industry to eye a stock market listing, as demand for video games surges among consumers staying at home during the COVID-19 pandemic.</p>\n<p>In the past 12 months, the likes of Playtika Holding Corp, Roblox Corp and Unity Software Inc have gone public.</p>\n<p>The IPO represents a big windfall for KKR, which acquired a minority stake in AppLovin in 2018 for $400 million, in a deal which valued the company at $2 billion.</p>\n<p>AppLovin abandoned plans to sell itself to Chinese buyout firm Orient Hontai Capital in 2017. A U.S. national security panel shot down the $1.4 billion deal on data security worries.</p>\n<p>AppLovin now has over 410 million daily active users on its platform and its apps consist of more than 200 free-to-play mobile games, including Word Connect, Slap Kings and Bingo Story.</p>\n<p>The company’s shares are scheduled to begin trading on Nasdaq on Thursday under the symbol “APP”.</p>\n<p>Morgan Stanley, JPMorgan, KKR, BofA Securities and Citigroup were among the underwriters of the IPO.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"APP":"AppLovin Corporation"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150469902","content_text":"U.S. mobile app and gaming company AppLovin Corp sold shares in its initial public offering (IPO) at the mid-point of its target range to raise $2 billion, a person familiar with the matter said on Wednesday.\nAppLovin, which is backed by private equity giant KKR & Co Inc, priced 25 million shares at $80 per share, the source said. It had set an IPO target range of $75 to $85 per share.\nThe IPO values AppLovin at $28.6 billion.\nThe source requested not to be identified ahead of an official announcement. AppLovin did not immediately respond to a request for comment.\nThe Palo Alto, California-based company is the latest player in the mobile gaming industry to eye a stock market listing, as demand for video games surges among consumers staying at home during the COVID-19 pandemic.\nIn the past 12 months, the likes of Playtika Holding Corp, Roblox Corp and Unity Software Inc have gone public.\nThe IPO represents a big windfall for KKR, which acquired a minority stake in AppLovin in 2018 for $400 million, in a deal which valued the company at $2 billion.\nAppLovin abandoned plans to sell itself to Chinese buyout firm Orient Hontai Capital in 2017. A U.S. national security panel shot down the $1.4 billion deal on data security worries.\nAppLovin now has over 410 million daily active users on its platform and its apps consist of more than 200 free-to-play mobile games, including Word Connect, Slap Kings and Bingo Story.\nThe company’s shares are scheduled to begin trading on Nasdaq on Thursday under the symbol “APP”.\nMorgan Stanley, JPMorgan, KKR, BofA Securities and Citigroup were among the underwriters of the IPO.","news_type":1,"symbols_score_info":{"APP":0.9}},"isVote":1,"tweetType":1,"viewCount":2603,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342296553,"gmtCreate":1618218523672,"gmtModify":1704707644545,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342296553","repostId":"1137529737","repostType":4,"repost":{"id":"1137529737","kind":"news","pubTimestamp":1618184239,"share":"https://ttm.financial/m/news/1137529737?lang=en_US&edition=fundamental","pubTime":"2021-04-12 07:37","market":"us","language":"en","title":"JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1137529737","media":"Barrons","summary":"First-quarter earnings season kicks off this week, beginning as always with results from several of ","content":"<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed&nbsp;by Bank of&nbsp;America and Citigroup on Thursday and Morgan Stanley on Friday.</p><p>Other notable companies reporting this week include industrial&nbsp;supplier&nbsp;Fastenalon Tuesday.Delta Air Lines,PepsiCo,and&nbsp;UnitedHealth Group&nbsp;publish results on Thursday. And&nbsp;Kansas City Southern&nbsp;reports on Friday.&nbsp; A total of 22&nbsp;S&amp;P 500&nbsp;companies report this week, followed by 64 next week.</p><p><img src=\"https://static.tigerbbs.com/ac3c413681d3a9e134223c4d1a02d883\" tg-width=\"1410\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.</p><p>Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.</p><p><b>Monday 4/12</b></p><p>Nvidia&nbsp;hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.</p><p><b>Tuesday 4/13</b></p><p>Fastenal reports quarterly results.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.</p><p><b>The National Federation</b>&nbsp;of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.</p><p><b>Wednesday 4/14</b></p><p><b>Earnings season begins</b>&nbsp;in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.</p><p>First Republic Bankreleases earnings.</p><p><b>Coinbase Global</b>&nbsp;is set to&nbsp;make its Wall Street debut&nbsp;on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><b>The BLS reports</b>&nbsp;export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.</p><p><b>The Federal Reserve</b>&nbsp;releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.</p><p><b>Thursday 4/15</b></p><p>Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.</p><p><b>The National Association</b>&nbsp;of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.</p><p><b>The Census Bureau</b>&nbsp;reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.</p><p><b>Friday 4/16</b></p><p>Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and&nbsp;State Street&nbsp;hold conference calls to discuss earnings.</p><p><b>The University of Michigan</b>&nbsp;releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.</p><p><b>The Census Bureau</b>&nbsp;reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.</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>JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch 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\">\nJPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","NVDA":"英伟达","MS":"摩根士丹利",".DJI":"道琼斯",".SPX":"S&P 500 Index","JPM":"摩根大通","COIN":"Coinbase Global, Inc.","GS":"高盛","WFC":"富国银行"},"source_url":"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137529737","content_text":"First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed by Bank of America and Citigroup on Thursday and Morgan Stanley on Friday.Other notable companies reporting this week include industrial supplier Fastenalon Tuesday.Delta Air Lines,PepsiCo,and UnitedHealth Group publish results on Thursday. And Kansas City Southern reports on Friday.  A total of 22 S&P 500 companies report this week, followed by 64 next week.It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.Monday 4/12Nvidia hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.Tuesday 4/13Fastenal reports quarterly results.The Bureau of Labor Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.The National Federation of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.Wednesday 4/14Earnings season begins in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.First Republic Bankreleases earnings.Coinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.The BLS reports export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.The Federal Reserve releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.Thursday 4/15Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.The Census Bureau reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.Friday 4/16Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and State Street hold conference calls to discuss earnings.The University of Michigan releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.The Census Bureau reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.","news_type":1,"symbols_score_info":{".DJI":0.9,"JPM":0.9,".IXIC":0.9,"COIN":0.9,"WFC":0.9,".SPX":0.9,"NVDA":0.9,"MS":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":346542523,"gmtCreate":1618094749062,"gmtModify":1704706511913,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/346542523","repostId":"2126315033","repostType":4,"isVote":1,"tweetType":1,"viewCount":1155,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":348015612,"gmtCreate":1617868273436,"gmtModify":1704704133216,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/348015612","repostId":"1122722518","repostType":4,"repost":{"id":"1122722518","kind":"news","pubTimestamp":1617867442,"share":"https://ttm.financial/m/news/1122722518?lang=en_US&edition=fundamental","pubTime":"2021-04-08 15:37","market":"us","language":"en","title":"5 Things You Might Have Missed in the Fed’s Minutes","url":"https://stock-news.laohu8.com/highlight/detail?id=1122722518","media":"Barrons","summary":"Trading was quiet Wednesday, with stocks closing in mixed territory and the benchmark 10-year Treasu","content":"<p>Trading was quiet Wednesday, with stocks closing in mixed territory and the benchmark 10-year Treasury yield flat after the Federal Reserve’s latest meeting minutes didn’t provide much in the way of surprises.</p><p>The market’s response was muted because the most important takeaways were already addressed by Fed Chairman Jerome Powell at hisregular postmeeting press conferencelast month. While the economy is showing signs of recovery and markets are pricing in a strong rebound in growth, members of the Federal Open Market Committee, or FOMC, said it “would likely be some time” before they will need to start winding down their $120 billion in bond purchases, which is seen as an initial step on the path toward raising interest rates.</p><p>“Despite these positive indicators and an improved public health situation, participants agreed that the economy remained far from the Committee’s longer-run goals and that the path ahead remained highly uncertain, with the pandemic continuing to pose considerable risks to the outlook,” the minutes said. That tracks with Powell’s comments.</p><p>That doesn’t mean there weren’t some notable details in Wednesday’s meeting minutes. The Fed’s staff and members of the Fed’s policy committee discussed some important market trends that could matter for markets. Here are five:</p><p><b>Why central bankers (and their staff) think Treasury yields are rising</b>.</p><p>Fed officials and staffers discussedthe selloff in Treasuriesthat have pushed 10-year yields up by nearly 75 basis points, or hundredths of a percentage point, so far this year. The main driver of the increase since January hasn’t been inflation expectations, but rather an increase in “real” or inflation-adjusted yields.</p><p>In theory, real yields should reflect expectations for Fed policy. But while staffers did discuss bets that the Fed would tighten—more on that later—they attributed “a significant portion” of the market’s selloff to rising term premiums, a catchall metric meant to capture factors that can affect yields other than inflation or Fed policy forecasts. The rise in term premiums could be reflecting fiscal policy or the increase in long-term Treasury issuance planned to finance Covid-19 relief efforts.</p><p>“Higher term premiums could reflect the outlook for more expansive fiscal policy and an associated upward revision in the expected path for Treasury debt outstanding,” said staffers, according to the minutes’ summary of the discussion. “Increased uncertainty over the outlook for longer-term interest rates as well as technical factors may also have contributed to the rise.”</p><p>For their part, the FOMC members “generally viewed [the increase in yields] as reflecting the improved economic outlook, some firming in inflation expectations, and expectations for increased Treasury debt issuance.” Not too much to worry about, in other words.</p><p>Officials were slightly less sanguine aboutthe ugly trading in late February, however: “Disorderly conditions in Treasury markets or a persistent rise in yields that could jeopardize progress toward the Committee’s goals were seen as cause for concern.”</p><p><b>Bond traders are saying and doing different things.</b></p><p>The Fed’s staff might be attributing the rise in yields to the kitchen-sink indicator known as the term premium, but markets are still betting on a quicker pace of Fed rate increases.</p><p>Staffers acknowledged this, according to the minutes, and said derivatives markets are pricing the Fed’s first rate increase in the first quarter of 2023.</p><p>But staffers also played down the issue by highlighting surveys of bond traders and institutional investors. Those market participants tell the Fed they have only slightly increased their forecasts for interest rates since late January. Surveys now indicate that investors and traders expect rates to be five basis points higher at the end of 2023, or one-fifth of a rate increase. In contrast, market-based estimates have increased by 50 basis points, implying two rate increases.</p><p>So what’s responsible for the discrepancy? It could be that a large group of investors that aren’t surveyed are betting on quicker rate increases, or investors and traders could be hedging against a range of possibilities for Fed interest-rate hikes whether or not they believe they will come. Or traders could be saying one thing and doing another.</p><p><b>The Fed knows it has options if money-market rates keep falling.</b></p><p>Another issue that came up in the Fed’s discussions was&nbsp;declining money-market rates. Plenty of cash has already been sloshing around the U.S. financial system looking for a home, as the Treasury Department reduces its bill issuance and its cash balance ahead of the debt-ceiling reinstatement this summer. Plus, the reinstatement of some regulatory requirements may push more cash away from global banks and into money-market funds instead.</p><p>Officials have partly addressed this issue already, with a technical tweak of one of their policy tools called the overnight reverse-repurchase (or repo) facility.</p><p>The facility provides a place for money-market funds to put their cash overnight at a 0% rate. That is meant to prevent those funds from sending too much cash into short-term Treasury bills or repo markets, which could boost demand so much in those markets that interest rates fall below zero.</p><p>The Fed said at its last meeting that each money-market counterparty can pledge $80 billion of cash with its facility overnight, up from $30 billion previously. According to the meeting minutes, a few FOMC members said they would support lifting the limit altogether.</p><p><b>Inflation forecasts carry much less weight than results.</b></p><p>Fed Chairman Powell addressed this in his&nbsp;press conference after the Fed’s latest meeting. But the minutes didn’t include much indication of worry about runaway inflation, or any hints of dissent in officials’ desire to wait for stronger inflation to appear before tightening policy.</p><p>That matters because some Wall Street hawks have focused on&nbsp;this year’s steady rise in market inflation forecasts&nbsp;as a sign that the Fed may fall behind the curve, so to speak, and end up raising interest rates too late to prevent harmful inflation. But analysts at BCA Research have found that in times when the Fed’s favored inflation gauge averages around its target, market forecasts usually average around 2.3% to 2.5%.</p><p>“Participants also noted the importance of communicating to the public that…the path of the federal-funds rate and the balance sheet depend on actual progress toward reaching the Committee’s maximum-employment and inflation goals,” Wednesday’s meeting minutes said. “In particular, various participants noted that changes in the path of policy should be based primarily on observed outcomes rather than forecasts.”</p><p>That should provide some assurance to investors who are concerned about the market’s&nbsp;five-year inflation forecasts&nbsp;rising to around 2.5%.</p><p><b>A few officials are starting to worry about “financial imbalances.”</b></p><p>A noninflation concern that was given slightly more airtime in the meeting minutes was the possibility of excess in financial markets, given stock markets near record highs, Treasury yields low, and some&nbsp;riskier companies paying near-record-low costs to borrow.</p><p>“A couple of participants expressed concern that highly accommodative financial conditions could lead to excessive risk-taking and the buildup of financial imbalances,” the minutes said.</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>5 Things You Might Have Missed in the Fed’s Minutes</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; 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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\">\n5 Things You Might Have Missed in the Fed’s Minutes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-08 15:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/5-things-you-might-have-missed-in-the-feds-meeting-minutes-51617831613?mod=RTA><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Trading was quiet Wednesday, with stocks closing in mixed territory and the benchmark 10-year Treasury yield flat after the Federal Reserve’s latest meeting minutes didn’t provide much in the way of ...</p>\n\n<a href=\"https://www.barrons.com/articles/5-things-you-might-have-missed-in-the-feds-meeting-minutes-51617831613?mod=RTA\">Source 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.barrons.com/articles/5-things-you-might-have-missed-in-the-feds-meeting-minutes-51617831613?mod=RTA","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1122722518","content_text":"Trading was quiet Wednesday, with stocks closing in mixed territory and the benchmark 10-year Treasury yield flat after the Federal Reserve’s latest meeting minutes didn’t provide much in the way of surprises.The market’s response was muted because the most important takeaways were already addressed by Fed Chairman Jerome Powell at hisregular postmeeting press conferencelast month. While the economy is showing signs of recovery and markets are pricing in a strong rebound in growth, members of the Federal Open Market Committee, or FOMC, said it “would likely be some time” before they will need to start winding down their $120 billion in bond purchases, which is seen as an initial step on the path toward raising interest rates.“Despite these positive indicators and an improved public health situation, participants agreed that the economy remained far from the Committee’s longer-run goals and that the path ahead remained highly uncertain, with the pandemic continuing to pose considerable risks to the outlook,” the minutes said. That tracks with Powell’s comments.That doesn’t mean there weren’t some notable details in Wednesday’s meeting minutes. The Fed’s staff and members of the Fed’s policy committee discussed some important market trends that could matter for markets. Here are five:Why central bankers (and their staff) think Treasury yields are rising.Fed officials and staffers discussedthe selloff in Treasuriesthat have pushed 10-year yields up by nearly 75 basis points, or hundredths of a percentage point, so far this year. The main driver of the increase since January hasn’t been inflation expectations, but rather an increase in “real” or inflation-adjusted yields.In theory, real yields should reflect expectations for Fed policy. But while staffers did discuss bets that the Fed would tighten—more on that later—they attributed “a significant portion” of the market’s selloff to rising term premiums, a catchall metric meant to capture factors that can affect yields other than inflation or Fed policy forecasts. The rise in term premiums could be reflecting fiscal policy or the increase in long-term Treasury issuance planned to finance Covid-19 relief efforts.“Higher term premiums could reflect the outlook for more expansive fiscal policy and an associated upward revision in the expected path for Treasury debt outstanding,” said staffers, according to the minutes’ summary of the discussion. “Increased uncertainty over the outlook for longer-term interest rates as well as technical factors may also have contributed to the rise.”For their part, the FOMC members “generally viewed [the increase in yields] as reflecting the improved economic outlook, some firming in inflation expectations, and expectations for increased Treasury debt issuance.” Not too much to worry about, in other words.Officials were slightly less sanguine aboutthe ugly trading in late February, however: “Disorderly conditions in Treasury markets or a persistent rise in yields that could jeopardize progress toward the Committee’s goals were seen as cause for concern.”Bond traders are saying and doing different things.The Fed’s staff might be attributing the rise in yields to the kitchen-sink indicator known as the term premium, but markets are still betting on a quicker pace of Fed rate increases.Staffers acknowledged this, according to the minutes, and said derivatives markets are pricing the Fed’s first rate increase in the first quarter of 2023.But staffers also played down the issue by highlighting surveys of bond traders and institutional investors. Those market participants tell the Fed they have only slightly increased their forecasts for interest rates since late January. Surveys now indicate that investors and traders expect rates to be five basis points higher at the end of 2023, or one-fifth of a rate increase. In contrast, market-based estimates have increased by 50 basis points, implying two rate increases.So what’s responsible for the discrepancy? It could be that a large group of investors that aren’t surveyed are betting on quicker rate increases, or investors and traders could be hedging against a range of possibilities for Fed interest-rate hikes whether or not they believe they will come. Or traders could be saying one thing and doing another.The Fed knows it has options if money-market rates keep falling.Another issue that came up in the Fed’s discussions was declining money-market rates. Plenty of cash has already been sloshing around the U.S. financial system looking for a home, as the Treasury Department reduces its bill issuance and its cash balance ahead of the debt-ceiling reinstatement this summer. Plus, the reinstatement of some regulatory requirements may push more cash away from global banks and into money-market funds instead.Officials have partly addressed this issue already, with a technical tweak of one of their policy tools called the overnight reverse-repurchase (or repo) facility.The facility provides a place for money-market funds to put their cash overnight at a 0% rate. That is meant to prevent those funds from sending too much cash into short-term Treasury bills or repo markets, which could boost demand so much in those markets that interest rates fall below zero.The Fed said at its last meeting that each money-market counterparty can pledge $80 billion of cash with its facility overnight, up from $30 billion previously. According to the meeting minutes, a few FOMC members said they would support lifting the limit altogether.Inflation forecasts carry much less weight than results.Fed Chairman Powell addressed this in his press conference after the Fed’s latest meeting. But the minutes didn’t include much indication of worry about runaway inflation, or any hints of dissent in officials’ desire to wait for stronger inflation to appear before tightening policy.That matters because some Wall Street hawks have focused on this year’s steady rise in market inflation forecasts as a sign that the Fed may fall behind the curve, so to speak, and end up raising interest rates too late to prevent harmful inflation. But analysts at BCA Research have found that in times when the Fed’s favored inflation gauge averages around its target, market forecasts usually average around 2.3% to 2.5%.“Participants also noted the importance of communicating to the public that…the path of the federal-funds rate and the balance sheet depend on actual progress toward reaching the Committee’s maximum-employment and inflation goals,” Wednesday’s meeting minutes said. “In particular, various participants noted that changes in the path of policy should be based primarily on observed outcomes rather than forecasts.”That should provide some assurance to investors who are concerned about the market’s five-year inflation forecasts rising to around 2.5%.A few officials are starting to worry about “financial imbalances.”A noninflation concern that was given slightly more airtime in the meeting minutes was the possibility of excess in financial markets, given stock markets near record highs, Treasury yields low, and some riskier companies paying near-record-low costs to borrow.“A couple of participants expressed concern that highly accommodative financial conditions could lead to excessive risk-taking and the buildup of financial imbalances,” the minutes said.","news_type":1,"symbols_score_info":{".IXIC":0.9,".DJI":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":1191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341324275,"gmtCreate":1617785289297,"gmtModify":1704703088079,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341324275","repostId":"2125453847","repostType":4,"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349109913,"gmtCreate":1617571271832,"gmtModify":1704700410931,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349109913","repostId":"1188150614","repostType":4,"repost":{"id":"1188150614","kind":"news","pubTimestamp":1617366389,"share":"https://ttm.financial/m/news/1188150614?lang=en_US&edition=fundamental","pubTime":"2021-04-02 20:26","market":"us","language":"en","title":"3 Beaten-Down Stocks That Could Double Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1188150614","media":"Motley Fool","summary":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, ho","content":"<p>Market rotation malaise has infected many investors. Last year, the growth stocks in the<b>Nasdaq-100</b>index trounced the staid giants in the<b>Dow Jones Industrial Average</b>. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.</p>\n<p>As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices.&nbsp;Here are three beaten-down stocks that could even double your money -- or more.</p>\n<p><b>DermTech</b></p>\n<p><b>DermTech</b>(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.</p>\n<p>Part of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.</p>\n<p>DermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.</p>\n<p>The total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.</p>\n<p><b>Gores Holdings VI</b></p>\n<p>Special purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit.&nbsp;<b>Gores Holdings VI</b>(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.</p>\n<p>Gores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.</p>\n<p>Matterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firm<b>Accenture</b>recently picked digital twin technology asone of its top five tech trends of 2021.</p>\n<p>The company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.</p>\n<p><b>Skillz</b></p>\n<p><b>Skillz</b>(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.</p>\n<p>Like DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.</p>\n<p>Skillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.</p>\n<p>The mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.</p>\n<p>Skillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.</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>3 Beaten-Down Stocks That Could Double Your Money</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 Beaten-Down Stocks That Could Double Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/\">Source 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/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188150614","content_text":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.\nAs a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices. Here are three beaten-down stocks that could even double your money -- or more.\nDermTech\nDermTech(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.\nPart of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.\nDermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.\nThe total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.\nGores Holdings VI\nSpecial purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit. Gores Holdings VI(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.\nGores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.\nMatterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firmAccenturerecently picked digital twin technology asone of its top five tech trends of 2021.\nThe company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.\nSkillz\nSkillz(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.\nLike DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.\nSkillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.\nThe mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.\nSkillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":805,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340588779,"gmtCreate":1617432825991,"gmtModify":1704699666640,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340588779","repostId":"2124875875","repostType":4,"isVote":1,"tweetType":1,"viewCount":648,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":340378761,"gmtCreate":1617347692653,"gmtModify":1704699064227,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/340378761","repostId":"1180941072","repostType":4,"repost":{"id":"1180941072","kind":"news","pubTimestamp":1617347526,"share":"https://ttm.financial/m/news/1180941072?lang=en_US&edition=fundamental","pubTime":"2021-04-02 15:12","market":"us","language":"en","title":"Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1180941072","media":"zerohedge","summary":"One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (alm","content":"<p>One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a boring media stock the best performing company of 2021, but then when its luck suddenly ended it was margin called into extinction, leading to billions in losses for the banks that enabled what Bloomberg has dubbed its<i>\"leveraged blowout.\"</i></p><p>Thanks to detailed reports by theFinancial TimesandBloomberg, we now have the missing pieces to complete the picture of the biggest hedge fund implosion of the 21st century.</p><p>As a reminder, and as wepreviously discussed, we already knew<i><b>how</b></i>Archegos was building up stakes in its various holdings: unlike most other investors, the fund never actually owned the underlying stock or even calls on the stock, but rather transacted by purchasing equity swaps known as Total Return Swaps (TRS) or Certificates For Difference (CFD). Similar to Credit Default Swaps, TRS exposed Archegos to the daily variation margin on the underlying stock, and as such while the fund would benefit economically from increases in the underlying stock price (and, inversely, would be hit by price drops forcing it to put up more cash as margin any day the stock price dropped) it would<i><b>never be the actual owner of record</b></i>of the underlying stock. Instead, the stock that Archegos was long would be \"owned\" by its prime broker, the same entity that allowed it to enter into TRS in the first place. As such<b>Archegos also never had any disclosure requirements</b>, allowing it to transact completely in the dark while being fully compliant with SEC disclosure requirements -<i>since it didn't own the underlying stock, Archegos did not have to disclose it.</i><b>Simple and brilliant.</b></p><p>This part is important because the lack of a documented trail of ownership to Archegos is what enabled the entire Ponzi bezzle... and the staggering leverage the fund applied to its portfolio. Furthermore, well aware that there was almost no way to verify just how much of a given stock he owned, Hwang proceeded to have nearly identical positions with not one, not two but at least<i><b>eight</b></i>prime brokers (the final number is still being determined as more and more come out of the woodwork).</p><p>Not that Archegos prime brokers were completely clueless as to what was going on.</p><p>As Bloomberg reports, while much of the investing world watched in stunned silence how an \"old media\" company - ViacomCBS - shot up almost 300% in weeks, becoming the best performing stock in the S&amp;P500 and prompting investors to speculate that the stock was was either undervalued,<i><b>or</b></i>like GameStop,<i><b>or</b></i>a takeover target, a handful of execs at Wall Street's top trading firms were aware of what was behind the move: it was Archegos Capital Management, who was building a massive position in&nbsp;ViacomCBS and a handful of other stocks...<b>using leverage the same banks so generously offered with stock which the banks themselves technically owned!</b></p><p><img src=\"https://static.tigerbbs.com/b2673e53795d60481c007d7f7d30c147\" tg-width=\"500\" tg-height=\"293\" referrerpolicy=\"no-referrer\">But while banks around the world - from<i>Goldman, Morgan Stanley and Wells in the US, to Credit Susse, UBS and Deutsche Bank in Europe, to Nomura and Mitsubishi UFJ in Japan</i>- kept giving Hwang the leverage he needed to acquire more and more of the stock, until he became the biggest<i><b>economic</b></i>if not<i><b>registered</b></i>owner of Viacom, what they did<i>not</i>know - thanks to the was Total Return Swaps are structured - was the full extent of his wagers. Which were massive:<i>he stealthily amassed $10 billion of Viacom</i>.</p><p>Viacom was just one of many: using even more TRS and even more leverage across even more Prime Brokers, Archegos was able to place colossal wagers while avoiding the disclosures required of most investors. And so<b>\"almost invisibly\" Hwang accumulated a portfolio which according to Bloomberg sources was as much as</b><b><u>$100 billion</u></b><b>!</b></p><p>Eventually, Archegos built positions in at least nine stocks that were big enough to rank him among the largest holders, fueled by a level of bank leverage that would have been unusual even for a hedge fund.</p><p>While we previously discussed the leverage aspect of Archegos strategy, here it is again: with Bill Hwuang managing approximately $10BN in assets under management, the multiple Total Return Swaps with unwitting prime brokers allowed the fund to build up a staggering $100 billion in positions, implying a huge 10x leverage. This is the kind of leverage one associated with the likes of financial titans likeCitadel and Millennium, not a smallish family office which has zero downside protection (as we would eventually learn).</p><p><img src=\"https://static.tigerbbs.com/e3436444c8e02081d1822cb0823fc1f1\" tg-width=\"500\" tg-height=\"285\" referrerpolicy=\"no-referrer\">What is amazing about this unilateral Ponzi scheme is that it relied on what we have dubbed<i><b>rehypothecated leverage</b></i>: the fund<i>never even owned the underlying stock which was layered with billions in generous Prime Broker debt</i>, but it was Archegos' Prime Brokers who not only would own the actual stock<b>but would also allow Hwang to add tens of billions in leverage... on an asset that they owned!</b></p><p>What is also remarkable is that Archegos' ponzi scheme could have continued indefinitely if only Viacom stock had i) continue to rise or ii) avoided a crash. After all, having ignited the initial upward moment, Archegos had effectively forced benchmark-tracking investors, exchange-traded funds, CTAs and other momentum investors to buy as well.</p><p>Sadly for Hwang (and his Primer Brokers) the upward momentum ended with a bang last Monday, when with its shares trading at $100, Viacom announced a $3BN stock sale, which hammered the stock, followed by a round of analyst downgrades, which sent the stock tumbling. It was at this point that Archegos was now facing tens of billions in margin calls on its VIACA Total Return Swaps from its Prime Brokers.</p><p><img src=\"https://static.tigerbbs.com/0543d0f74cfb9ce4e0ca6662b0f012a7\" tg-width=\"500\" tg-height=\"293\" referrerpolicy=\"no-referrer\">And therein lies the rub, because when the time came to unwind the Archegos Ponzi, the Prime Brokers' counterparty was not Archegos but other Prime Brokers. This is what led to the infamous meeting late last Thursday, where a bunch of PBs tried to reach an amicable resolution ahead of Friday's bloodbath. As Bloomberg adds, at several points during those exchanges, bankers implored Hwang to buy himself breathing room by selling some stocks and raising cash to post collateral. But \"he wouldn’t budge.\"</p><p>As a result, Morgan Stanley and Goldman promptly started dumping blocks of stock backing Archegos TRS in the open market. In doing so the started a margin call liquidation, in which those who sold first - like Goldman, Morgan Stanley and Deutsche - would avoid massive losses, while those who waited like Nomura and Credit Suisse...<i>would not.</i>Indeed, we already knew that Nomura, Japan’s largest investment bank, said its losses could hit $2Bn, while losses at Credit Suisse could be as large as $4Bn according to the FT.</p><p>At this point, many questions popped up, especially (and belatedly) inside the banks themselves: as theFT reports, executives within the prime brokerage divisions of at least two banks \"<b>are being quizzed by risk managers over why they offered a business as small as Archegos tens of billions of dollars of leverage on trades in volatile equities through swaps contracts,</b>.\"</p><p>As the FT further notes, echoing what we said above, while prime brokerage clients typically provide few details about their other trading activities, \"executives from at least two of the six banks are investigating whether Hwang deliberately misled them or withheld vital information about mirror positions he had built up at rival banks, according to people involved in the probes.\"</p><p>Well, no: Archegos did not mislead anyone. He simply used (and abused) a system where - as we put it - one investor can create as much rehypothecated leverage as the investors' banks and Prime Brokers will allow him. In this case we know the number may have been as high as a mindblowing $90 billion.</p><p>Naturally, had the banks known that<i><b>in a worst case scenario they would be facing other banks-</b></i>since such replicated, or rather rehypothecated position would magnify the risks on each of the trades making a bank less likely to extend so much credit against them&nbsp; - none of this would have been possible. However, as long as everything was going up, and all of Archegos positions were pleasasntly surging nobody seemed to care... or bother to calculate just how big the downside risk was (one can thank the Fed Put for that).</p><p>One final remarkable aspect of this whole story is that this is not Hwang's first crisis. In 2012 he submitted a&nbsp;guilty plea on behalf of his hedge fund to a charge of wire fraud, and he resolved related civil claims of insider trading without&nbsp;admitting or denying wrongdoing. Archegos is the family office he formed after winding down that firm, Tiger Asia Management.</p><p>However, as if nothing had ever happened, prime brokerages immediately began lining&nbsp;up to&nbsp;help the new business. Morgan Stanley was among his early backers.&nbsp;Deutsche Bank signed him as a client at the urging of at least one senior executive, according to Bloomberg, \"who was unperturbed by the insider-trading taint and didn’t believe Hwang had done anything wrong, according to a person familiar with that decision.\" Ironically, just a few years later,<b>Hwang did something wrong and it would prove to be the biggest hedge fund collapse in post-LTCM history.</b></p><p>Not every bank acted like an idiot: one firm resisted the lure. Archegos approached JPMorgan sometime between 2016 and 2018 and was rebuffed, according to the Bloomberg report. At the time, JPMorgan was still revamping the equity prime-brokerage unit it had acquired with Bear Stearns during the 2008 financial crisis. \"Dumb luck or not, the bank dodged a bullet.\"</p><p>The rest of the story is mostly known, so now what.</p><p>Well, aswe first hintedand as Bloomberg reports, already regulators are dropping hints of new rules to come, with SEC officials signaling to banks that they intend to make trading disclosures from hedge funds a higher priority, while also finding ways to address risk and leverage.</p><blockquote><i>Senior finance executives acknowledge that a crackdown of some form, whether on borrowing or transparency or both, is inevitable.</i></blockquote><p>Amusingly, and picking up on the FT's reporting, Bloomberg also notes that while some of those firms have disclosed the financial impact of their roles in the Archegos collapse,<b>none is willing to comment on how or why they enabled Hwang to become such a force in the market.</b>After all what can they say: \"the other guys vetted him, so we assumed he was clean\"...</p><p>There are also questions whether Hwang’s counterparties knew about his relationships with other banks and the scale of the leverage he was using for what appear to be concentrated positions in a handful of companies. And - more ominously - if they did not know anything about his exposure,<b>why the hell not?</b>As wereported on Tuesday, JPMorgan (which successfully managed to avoid this scandal completely) estimated that the Prime Brokers facing Archegos may end up<b>absorbing as much as $10 billion in combined losses.</b></p><p>Already credit rating agencies have downgraded outlooks for Credit Suisse and Nomura, citing concerns over “the quality of risk management” while activist investors are demanding better governance and would not mind if senior execs were summarily fired over this episode to restore confidence.</p><p>\"Risk controls still are not where they should be,\" David Herro, one of Credit Suisse’s biggest shareholders, said Wednesday in a Bloomberg TV&nbsp;interview. \"Hopefully, this is a wake-up call to expedite the cultural change that is needed in this company.\"</p><p>But going back to Bloomberg's original point, for all their silence the prime-brokerage units of&nbsp;Nomura,&nbsp;Goldman Sachs,&nbsp;Morgan Stanley, Credit Suisse and others,<b>had clues about what Archegos was doing.</b>These firms knew about the trades they had financed, of course, and also had some visibility into his total borrowings. And yet they didn't bother to ask about what, if any, risk management was being implemented to avoid an uncontrolled unwind. Or rather,<i><b>the questions emerged only after the margin call.</b></i></p><p>What the Prime Brokers also didn't know is that Hwang was taking parallel positions at multiple firms, piling more leverage onto the same few stocks, which brings us back to our<i><b>rehypothecated leverage</b></i>concept which we are confident we will use much more in the coming months, especially since \"unwinding a series of large, leveraged bets placed by a single account is one thing; doing so when rival banks are liquidating the same positions held by the same client is quite another.\"</p><p>Archegos' own \"Lehman moment\" came late on March 25 when Hwang’s prime brokers met again and discussed the possibility of standing down temporarily to let tensions ease, as we reported previously, but any attempt at solidarity proved short-lived: shortly after some PBs sent Archegos notices of default, clearing the way for Goldman and Morgan Stanley to dump Hwang's positions.</p><p>“Hopefully this will cause the prime brokerages of regulated banking organizations (and their supervisors) to re-assess their relationships with highly leveraged hedge funds,” former FDIC chair Sheila Bair tweeted.</p><p><img src=\"https://static.tigerbbs.com/b70d4570bcc92554dba7f9d5db168422\" tg-width=\"470\" tg-height=\"335\" referrerpolicy=\"no-referrer\">She is, of course, wrong.</p><p>In fact, if anything we expect Prime Brokers will make leverage<i>even easier to obtain for non-bank, hedge fund and family office clients</i>, because the one big mistake Archegos (and its Prime Brokers) made was that it was not big and systemic enough to merit a Fed bailout. Now, if Archegos had a portfolio of $200 billion, $300 billion or more, while usingCitadel's 50x leverage,<b>now we're talking \"size\"...</b>size enough for the Fed to step in and make everyone whole on the back of taxpayers... the same way the Fed bailed out Citadel, Millennium and Point72 in September 2019 during the repo crisis (as bothZero Hedgeand subsequentlyBloomberg, explained).</p><p>There is another reason nothing will change: hedge funds, Prime Brokers, banks - in fact the Fed itself - are all incentivized to<i><u><b>not</b></u></i>look at what skeletons may be found in the closet. Why? Because if the banks are forced to admit that there are more Archegos funds -<i><u><b>and there are countless</b></u></i>- Prime Brokers will have no choice but to sequester collateral from more clients, sparking more margin calls, leading to more stock liquidations, and resulting in even bigger investor panic. Call it a side effect of building castles on crooked foundations in an artificial, fake, Fed-supported market.</p><p>Is another market panic what the Fed wants? Or what the Biden admin wants? Of course not.</p><p>Which is why we will get a token Congressional hearing where politicians care more to hear themselves talk than listen to the answers, the banks will slap a few hands, one or two small sacrificial hedge funds will be shut down, and the world will move on, especially once Archegos is no longer on the front page of the financial media.</p><p>It's also why when the next major hedge fund implosion does happen, it will be far more catastrophic.</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>Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up</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\">\nRehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/rehypothecated-leverage-how-archegos-built-100-billion-portfolio-out-thin-air-and-then-blew><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/rehypothecated-leverage-how-archegos-built-100-billion-portfolio-out-thin-air-and-then-blew\">Source 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.zerohedge.com/markets/rehypothecated-leverage-how-archegos-built-100-billion-portfolio-out-thin-air-and-then-blew","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180941072","content_text":"One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a boring media stock the best performing company of 2021, but then when its luck suddenly ended it was margin called into extinction, leading to billions in losses for the banks that enabled what Bloomberg has dubbed its\"leveraged blowout.\"Thanks to detailed reports by theFinancial TimesandBloomberg, we now have the missing pieces to complete the picture of the biggest hedge fund implosion of the 21st century.As a reminder, and as wepreviously discussed, we already knewhowArchegos was building up stakes in its various holdings: unlike most other investors, the fund never actually owned the underlying stock or even calls on the stock, but rather transacted by purchasing equity swaps known as Total Return Swaps (TRS) or Certificates For Difference (CFD). Similar to Credit Default Swaps, TRS exposed Archegos to the daily variation margin on the underlying stock, and as such while the fund would benefit economically from increases in the underlying stock price (and, inversely, would be hit by price drops forcing it to put up more cash as margin any day the stock price dropped) it wouldnever be the actual owner of recordof the underlying stock. Instead, the stock that Archegos was long would be \"owned\" by its prime broker, the same entity that allowed it to enter into TRS in the first place. As suchArchegos also never had any disclosure requirements, allowing it to transact completely in the dark while being fully compliant with SEC disclosure requirements -since it didn't own the underlying stock, Archegos did not have to disclose it.Simple and brilliant.This part is important because the lack of a documented trail of ownership to Archegos is what enabled the entire Ponzi bezzle... and the staggering leverage the fund applied to its portfolio. Furthermore, well aware that there was almost no way to verify just how much of a given stock he owned, Hwang proceeded to have nearly identical positions with not one, not two but at leasteightprime brokers (the final number is still being determined as more and more come out of the woodwork).Not that Archegos prime brokers were completely clueless as to what was going on.As Bloomberg reports, while much of the investing world watched in stunned silence how an \"old media\" company - ViacomCBS - shot up almost 300% in weeks, becoming the best performing stock in the S&P500 and prompting investors to speculate that the stock was was either undervalued,orlike GameStop,ora takeover target, a handful of execs at Wall Street's top trading firms were aware of what was behind the move: it was Archegos Capital Management, who was building a massive position in ViacomCBS and a handful of other stocks...using leverage the same banks so generously offered with stock which the banks themselves technically owned!But while banks around the world - fromGoldman, Morgan Stanley and Wells in the US, to Credit Susse, UBS and Deutsche Bank in Europe, to Nomura and Mitsubishi UFJ in Japan- kept giving Hwang the leverage he needed to acquire more and more of the stock, until he became the biggesteconomicif notregisteredowner of Viacom, what they didnotknow - thanks to the was Total Return Swaps are structured - was the full extent of his wagers. Which were massive:he stealthily amassed $10 billion of Viacom.Viacom was just one of many: using even more TRS and even more leverage across even more Prime Brokers, Archegos was able to place colossal wagers while avoiding the disclosures required of most investors. And so\"almost invisibly\" Hwang accumulated a portfolio which according to Bloomberg sources was as much as$100 billion!Eventually, Archegos built positions in at least nine stocks that were big enough to rank him among the largest holders, fueled by a level of bank leverage that would have been unusual even for a hedge fund.While we previously discussed the leverage aspect of Archegos strategy, here it is again: with Bill Hwuang managing approximately $10BN in assets under management, the multiple Total Return Swaps with unwitting prime brokers allowed the fund to build up a staggering $100 billion in positions, implying a huge 10x leverage. This is the kind of leverage one associated with the likes of financial titans likeCitadel and Millennium, not a smallish family office which has zero downside protection (as we would eventually learn).What is amazing about this unilateral Ponzi scheme is that it relied on what we have dubbedrehypothecated leverage: the fundnever even owned the underlying stock which was layered with billions in generous Prime Broker debt, but it was Archegos' Prime Brokers who not only would own the actual stockbut would also allow Hwang to add tens of billions in leverage... on an asset that they owned!What is also remarkable is that Archegos' ponzi scheme could have continued indefinitely if only Viacom stock had i) continue to rise or ii) avoided a crash. After all, having ignited the initial upward moment, Archegos had effectively forced benchmark-tracking investors, exchange-traded funds, CTAs and other momentum investors to buy as well.Sadly for Hwang (and his Primer Brokers) the upward momentum ended with a bang last Monday, when with its shares trading at $100, Viacom announced a $3BN stock sale, which hammered the stock, followed by a round of analyst downgrades, which sent the stock tumbling. It was at this point that Archegos was now facing tens of billions in margin calls on its VIACA Total Return Swaps from its Prime Brokers.And therein lies the rub, because when the time came to unwind the Archegos Ponzi, the Prime Brokers' counterparty was not Archegos but other Prime Brokers. This is what led to the infamous meeting late last Thursday, where a bunch of PBs tried to reach an amicable resolution ahead of Friday's bloodbath. As Bloomberg adds, at several points during those exchanges, bankers implored Hwang to buy himself breathing room by selling some stocks and raising cash to post collateral. But \"he wouldn’t budge.\"As a result, Morgan Stanley and Goldman promptly started dumping blocks of stock backing Archegos TRS in the open market. In doing so the started a margin call liquidation, in which those who sold first - like Goldman, Morgan Stanley and Deutsche - would avoid massive losses, while those who waited like Nomura and Credit Suisse...would not.Indeed, we already knew that Nomura, Japan’s largest investment bank, said its losses could hit $2Bn, while losses at Credit Suisse could be as large as $4Bn according to the FT.At this point, many questions popped up, especially (and belatedly) inside the banks themselves: as theFT reports, executives within the prime brokerage divisions of at least two banks \"are being quizzed by risk managers over why they offered a business as small as Archegos tens of billions of dollars of leverage on trades in volatile equities through swaps contracts,.\"As the FT further notes, echoing what we said above, while prime brokerage clients typically provide few details about their other trading activities, \"executives from at least two of the six banks are investigating whether Hwang deliberately misled them or withheld vital information about mirror positions he had built up at rival banks, according to people involved in the probes.\"Well, no: Archegos did not mislead anyone. He simply used (and abused) a system where - as we put it - one investor can create as much rehypothecated leverage as the investors' banks and Prime Brokers will allow him. In this case we know the number may have been as high as a mindblowing $90 billion.Naturally, had the banks known thatin a worst case scenario they would be facing other banks-since such replicated, or rather rehypothecated position would magnify the risks on each of the trades making a bank less likely to extend so much credit against them  - none of this would have been possible. However, as long as everything was going up, and all of Archegos positions were pleasasntly surging nobody seemed to care... or bother to calculate just how big the downside risk was (one can thank the Fed Put for that).One final remarkable aspect of this whole story is that this is not Hwang's first crisis. In 2012 he submitted a guilty plea on behalf of his hedge fund to a charge of wire fraud, and he resolved related civil claims of insider trading without admitting or denying wrongdoing. Archegos is the family office he formed after winding down that firm, Tiger Asia Management.However, as if nothing had ever happened, prime brokerages immediately began lining up to help the new business. Morgan Stanley was among his early backers. Deutsche Bank signed him as a client at the urging of at least one senior executive, according to Bloomberg, \"who was unperturbed by the insider-trading taint and didn’t believe Hwang had done anything wrong, according to a person familiar with that decision.\" Ironically, just a few years later,Hwang did something wrong and it would prove to be the biggest hedge fund collapse in post-LTCM history.Not every bank acted like an idiot: one firm resisted the lure. Archegos approached JPMorgan sometime between 2016 and 2018 and was rebuffed, according to the Bloomberg report. At the time, JPMorgan was still revamping the equity prime-brokerage unit it had acquired with Bear Stearns during the 2008 financial crisis. \"Dumb luck or not, the bank dodged a bullet.\"The rest of the story is mostly known, so now what.Well, aswe first hintedand as Bloomberg reports, already regulators are dropping hints of new rules to come, with SEC officials signaling to banks that they intend to make trading disclosures from hedge funds a higher priority, while also finding ways to address risk and leverage.Senior finance executives acknowledge that a crackdown of some form, whether on borrowing or transparency or both, is inevitable.Amusingly, and picking up on the FT's reporting, Bloomberg also notes that while some of those firms have disclosed the financial impact of their roles in the Archegos collapse,none is willing to comment on how or why they enabled Hwang to become such a force in the market.After all what can they say: \"the other guys vetted him, so we assumed he was clean\"...There are also questions whether Hwang’s counterparties knew about his relationships with other banks and the scale of the leverage he was using for what appear to be concentrated positions in a handful of companies. And - more ominously - if they did not know anything about his exposure,why the hell not?As wereported on Tuesday, JPMorgan (which successfully managed to avoid this scandal completely) estimated that the Prime Brokers facing Archegos may end upabsorbing as much as $10 billion in combined losses.Already credit rating agencies have downgraded outlooks for Credit Suisse and Nomura, citing concerns over “the quality of risk management” while activist investors are demanding better governance and would not mind if senior execs were summarily fired over this episode to restore confidence.\"Risk controls still are not where they should be,\" David Herro, one of Credit Suisse’s biggest shareholders, said Wednesday in a Bloomberg TV interview. \"Hopefully, this is a wake-up call to expedite the cultural change that is needed in this company.\"But going back to Bloomberg's original point, for all their silence the prime-brokerage units of Nomura, Goldman Sachs, Morgan Stanley, Credit Suisse and others,had clues about what Archegos was doing.These firms knew about the trades they had financed, of course, and also had some visibility into his total borrowings. And yet they didn't bother to ask about what, if any, risk management was being implemented to avoid an uncontrolled unwind. Or rather,the questions emerged only after the margin call.What the Prime Brokers also didn't know is that Hwang was taking parallel positions at multiple firms, piling more leverage onto the same few stocks, which brings us back to ourrehypothecated leverageconcept which we are confident we will use much more in the coming months, especially since \"unwinding a series of large, leveraged bets placed by a single account is one thing; doing so when rival banks are liquidating the same positions held by the same client is quite another.\"Archegos' own \"Lehman moment\" came late on March 25 when Hwang’s prime brokers met again and discussed the possibility of standing down temporarily to let tensions ease, as we reported previously, but any attempt at solidarity proved short-lived: shortly after some PBs sent Archegos notices of default, clearing the way for Goldman and Morgan Stanley to dump Hwang's positions.“Hopefully this will cause the prime brokerages of regulated banking organizations (and their supervisors) to re-assess their relationships with highly leveraged hedge funds,” former FDIC chair Sheila Bair tweeted.She is, of course, wrong.In fact, if anything we expect Prime Brokers will make leverageeven easier to obtain for non-bank, hedge fund and family office clients, because the one big mistake Archegos (and its Prime Brokers) made was that it was not big and systemic enough to merit a Fed bailout. Now, if Archegos had a portfolio of $200 billion, $300 billion or more, while usingCitadel's 50x leverage,now we're talking \"size\"...size enough for the Fed to step in and make everyone whole on the back of taxpayers... the same way the Fed bailed out Citadel, Millennium and Point72 in September 2019 during the repo crisis (as bothZero Hedgeand subsequentlyBloomberg, explained).There is another reason nothing will change: hedge funds, Prime Brokers, banks - in fact the Fed itself - are all incentivized tonotlook at what skeletons may be found in the closet. Why? Because if the banks are forced to admit that there are more Archegos funds -and there are countless- Prime Brokers will have no choice but to sequester collateral from more clients, sparking more margin calls, leading to more stock liquidations, and resulting in even bigger investor panic. Call it a side effect of building castles on crooked foundations in an artificial, fake, Fed-supported market.Is another market panic what the Fed wants? Or what the Biden admin wants? Of course not.Which is why we will get a token Congressional hearing where politicians care more to hear themselves talk than listen to the answers, the banks will slap a few hands, one or two small sacrificial hedge funds will be shut down, and the world will move on, especially once Archegos is no longer on the front page of the financial media.It's also why when the next major hedge fund implosion does happen, it will be far more catastrophic.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":357658456,"gmtCreate":1617270882475,"gmtModify":1704698083074,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/357658456","repostId":"2124087672","repostType":4,"isVote":1,"tweetType":1,"viewCount":962,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":354235372,"gmtCreate":1617177183796,"gmtModify":1704696816220,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/354235372","repostId":"1163996400","repostType":4,"isVote":1,"tweetType":1,"viewCount":816,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":355007550,"gmtCreate":1617010374970,"gmtModify":1704800782313,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/355007550","repostId":"1178234813","repostType":4,"repost":{"id":"1178234813","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1617008156,"share":"https://ttm.financial/m/news/1178234813?lang=en_US&edition=fundamental","pubTime":"2021-03-29 16:55","market":"us","language":"en","title":"EXCLUSIVE-Visa moves to allow payment settlements using cryptocurrency","url":"https://stock-news.laohu8.com/highlight/detail?id=1178234813","media":"Reuters","summary":"March 29 (Reuters) - Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to","content":"<p>March 29 (Reuters) - Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.</p><p>Visa has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year, it said.</p><p>The USD Coin (USDC) is a stablecoin cryptocurrency whose value is pegged directly to the U.S. dollar.</p><p>Visa’s move comes as major finance firms including BNY Mellon, BlackRock Inc and Mastercard Inc have embraced some digital coins, sparking predictions that cryptocurrencies will become a regular part of investment portfolios.</p><p>Tesla Inc boss Elon Musk said last week that customers can buy its electric vehicles with bitcoin, marking a significant step forward for the cryptocurrency’s use in commerce.</p><p>“We see increasing demand from consumers across the world to be able to access, hold and use digital currencies and we’re seeing demand from our clients to be able to build products that provide that access for consumers,” Cuy Sheffield, head of crypto at Visa, said.</p><p>Traditionally, if a customer chooses to use a Crypto.com Visa card to pay for a coffee, the digital currency held in a cryptocurrency wallet needs to be converted into traditional money.</p><p>The cryptocurrency wallet will deposit traditional fiat currency in a bank account, to be wired to Visa at the end of the day to settle any transactions, adding cost and complexity for businesses.</p><p>Visa’s latest step, which will use the ethereum blockchain, strips out the need to convert digital coin into traditional money in order for the transaction to be settled.</p><p>Visa said it has partnered with digital asset bank Anchorage and completed the first transaction this month — with Crypto.com sending USDC to Visa’s Ethereum address at Anchorage. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)</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>EXCLUSIVE-Visa moves to allow payment settlements using cryptocurrency</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\">\nEXCLUSIVE-Visa moves to allow payment settlements using cryptocurrency\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\">2021-03-29 16:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>March 29 (Reuters) - Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.</p><p>Visa has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year, it said.</p><p>The USD Coin (USDC) is a stablecoin cryptocurrency whose value is pegged directly to the U.S. dollar.</p><p>Visa’s move comes as major finance firms including BNY Mellon, BlackRock Inc and Mastercard Inc have embraced some digital coins, sparking predictions that cryptocurrencies will become a regular part of investment portfolios.</p><p>Tesla Inc boss Elon Musk said last week that customers can buy its electric vehicles with bitcoin, marking a significant step forward for the cryptocurrency’s use in commerce.</p><p>“We see increasing demand from consumers across the world to be able to access, hold and use digital currencies and we’re seeing demand from our clients to be able to build products that provide that access for consumers,” Cuy Sheffield, head of crypto at Visa, said.</p><p>Traditionally, if a customer chooses to use a Crypto.com Visa card to pay for a coffee, the digital currency held in a cryptocurrency wallet needs to be converted into traditional money.</p><p>The cryptocurrency wallet will deposit traditional fiat currency in a bank account, to be wired to Visa at the end of the day to settle any transactions, adding cost and complexity for businesses.</p><p>Visa’s latest step, which will use the ethereum blockchain, strips out the need to convert digital coin into traditional money in order for the transaction to be settled.</p><p>Visa said it has partnered with digital asset bank Anchorage and completed the first transaction this month — with Crypto.com sending USDC to Visa’s Ethereum address at Anchorage. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GBTC":"比特币ETF-Grayscale","V":"Visa","PYPL":"PayPal"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1178234813","content_text":"March 29 (Reuters) - Visa Inc said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.Visa has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year, it said.The USD Coin (USDC) is a stablecoin cryptocurrency whose value is pegged directly to the U.S. dollar.Visa’s move comes as major finance firms including BNY Mellon, BlackRock Inc and Mastercard Inc have embraced some digital coins, sparking predictions that cryptocurrencies will become a regular part of investment portfolios.Tesla Inc boss Elon Musk said last week that customers can buy its electric vehicles with bitcoin, marking a significant step forward for the cryptocurrency’s use in commerce.“We see increasing demand from consumers across the world to be able to access, hold and use digital currencies and we’re seeing demand from our clients to be able to build products that provide that access for consumers,” Cuy Sheffield, head of crypto at Visa, said.Traditionally, if a customer chooses to use a Crypto.com Visa card to pay for a coffee, the digital currency held in a cryptocurrency wallet needs to be converted into traditional money.The cryptocurrency wallet will deposit traditional fiat currency in a bank account, to be wired to Visa at the end of the day to settle any transactions, adding cost and complexity for businesses.Visa’s latest step, which will use the ethereum blockchain, strips out the need to convert digital coin into traditional money in order for the transaction to be settled.Visa said it has partnered with digital asset bank Anchorage and completed the first transaction this month — with Crypto.com sending USDC to Visa’s Ethereum address at Anchorage. (Reporting by Noor Zainab Hussain in Bengaluru; Editing by Saumyadeb Chakrabarty)","news_type":1,"symbols_score_info":{"GBTC":0.9,"V":0.9,"SQ":0.9,"PYPL":0.9}},"isVote":1,"tweetType":1,"viewCount":801,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":108586422,"gmtCreate":1620041573466,"gmtModify":1704337735764,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"O","listText":"O","text":"O","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/108586422","repostId":"1135819410","repostType":4,"repost":{"id":"1135819410","kind":"news","pubTimestamp":1619999342,"share":"https://ttm.financial/m/news/1135819410?lang=en_US&edition=fundamental","pubTime":"2021-05-03 07:49","market":"us","language":"en","title":"Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1135819410","media":"Barrons","summary":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their fi","content":"<p>It’s another packed week of earnings reports, with 130 S&amp;P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday:&nbsp;Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.</p><p>On Wednesday,&nbsp;Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings.&nbsp;Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on&nbsp;Friday.</p><p><img src=\"https://static.tigerbbs.com/e1a866fbe5118566e68842053d76e2b9\" tg-width=\"1382\" tg-height=\"750\"></p><p>On the economic calendar this week, the&nbsp;main event will jobs Friday.&nbsp;The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.</p><p>Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its&nbsp;Services equivalent on Wednesday.</p><p>Enterprise Products Partners&nbsp;and Estée Lauder release earnings.</p><p>Merck and&nbsp;Public Storage&nbsp;hold virtual investor days.</p><p><b>The Census Bureau</b>&nbsp;reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.</p><p><b>The Institute for Supply</b>&nbsp;Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.</p><p><b>Tuesday 5/4</b></p><p>Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.</p><p>Eli Lilly&nbsp;holds a conference call to discuss its sustainability initiatives.</p><p>Union Pacific&nbsp;holds its 2021 virtual investor day.</p><p><b>Wednesday 5/5</b></p><p>Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.</p><p><b>ADP releases</b>&nbsp;its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.</p><p><b>ISM releases</b>&nbsp;its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.</p><p><b>Thursday 5/6</b></p><p>Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and&nbsp;Zoetishold conference calls to discuss quarterly results.</p><p><b>The Department of Labor</b>&nbsp;reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.</p><p><b>Friday 5/7</b></p><p><b>The Bureau of Labor</b>&nbsp;Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.</p><p>Cigna and&nbsp;<b>Liberty Media</b>&nbsp;report earnings.</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>Uber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch 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\">\nUber, Pfizer, PayPal, T-Mobile, ViacomCBS, General Motors, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-03 07:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: ...</p>\n\n<a href=\"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PFE":"辉瑞",".DJI":"道琼斯","GM":"通用汽车",".IXIC":"NASDAQ Composite","TMUS":"T-Mobile US Inc",".SPX":"S&P 500 Index","UBER":"优步","PYPL":"PayPal"},"source_url":"https://www.barrons.com/articles/uber-pfizer-paypal-t-mobile-viacomcbs-general-motors-and-other-stocks-for-investors-to-watch-this-week-51619982000?mod=hp_LEADSUPP_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1135819410","content_text":"It’s another packed week of earnings reports, with 130 S&P 500 companies on deck to release their first-quarter results. Estée Lauder is among Monday’s highlights, before things pick up on Tuesday: Activision Blizzard, CVS Health, DuPont, Pfizer, and T-Mobile US all report.On Wednesday, Barrick Gold, Booking Holdings, General Motors, PayPal Holdings, and Uber Technologies release earnings. Anheuser-Busch InBev, Moderna, Regeneron Pharmaceuticals, Square, and ViacomCBS go on Thursday. And finally, Cigna closes the week on Friday.On the economic calendar this week, the main event will jobs Friday. The Bureau of Labor Statistics is forecast to report a gain of 975,000 nonfarm payrolls in April, and an unemployment rate of 5.8%—down from 6% a month earlier.Other data out this week include the Institute for Supply Management’s Manufacturing Purchasing Managers’ Index for April on Monday and its Services equivalent on Wednesday.Enterprise Products Partners and Estée Lauder release earnings.Merck and Public Storage hold virtual investor days.The Census Bureau reports construction-spending data for March. Consensus estimate is for a 0.6% month-over-month increase in construction spending to a seasonally adjusted annual rate of $1.53 trillion.The Institute for Supply Management releases its Manufacturing Purchasing Managers’ Index for April. Economists forecast a 65 reading, roughly even with the March figure. The March reading was the highest for the index since December 1983.Tuesday 5/4Activision Blizzard,ConocoPhillips, Cummins, CVS Health,Dominion Energy,DuPont, Eaton, Pfizer,Sysco,and T-Mobile US report quarterly results.Eli Lilly holds a conference call to discuss its sustainability initiatives.Union Pacific holds its 2021 virtual investor day.Wednesday 5/5Barrick Gold, Booking Holdings,BorgWarner,Emerson Electric,General Motors,Hilton Worldwide Holdings,Novo Nordisk,PayPal Holdings, and Uber Technologies release earnings.ADP releases its National Employment Report for April. Expectations are for a gain of 762,500 jobs in private-sector employment after a 517,000 increase in March.ISM releases its Services PMI for April. The consensus call is for a 64.6 reading, a tick higher than the March data. The March reading was an all-time high for the index.Thursday 5/6Anheuser-Busch InBev,Becton Dickinson,Expedia Group,Fidelity National Information Services,Kellogg, Linde,MetLife,Moderna, Regeneron Pharmaceuticals, Square, ViacomCBS, and Zoetishold conference calls to discuss quarterly results.The Department of Labor reports initial jobless claims for the week ending on May 1. Initial jobless claims have averaged 611,750 a week in April and are at their lowest level since March of last year.The Bureau of Labor Statistics reports labor costs and productivity for the first quarter. Expectations are for a seasonally adjusted annual rate of 2.2% productivity growth, compared with a 4.2% decline in the fourth quarter of 2020. Unit labor costs are seen falling 0.4% after rising 6% previously.Friday 5/7The Bureau of Labor Statistics releases the jobs report for April. Economists forecast a gain of 975,000 in nonfarm payroll employment. The unemployment rate is expected to edge down to 5.8% from 6%.Cigna and Liberty Media report earnings.","news_type":1,"symbols_score_info":{"UBER":0.9,".DJI":0.9,"PYPL":0.9,"VIACP":0.9,"GM":0.9,"PFE":0.9,".IXIC":0.9,"TMUS":0.9,".SPX":0.9}},"isVote":1,"tweetType":1,"viewCount":2845,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":342296553,"gmtCreate":1618218523672,"gmtModify":1704707644545,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/342296553","repostId":"1137529737","repostType":4,"repost":{"id":"1137529737","kind":"news","pubTimestamp":1618184239,"share":"https://ttm.financial/m/news/1137529737?lang=en_US&edition=fundamental","pubTime":"2021-04-12 07:37","market":"us","language":"en","title":"JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=1137529737","media":"Barrons","summary":"First-quarter earnings season kicks off this week, beginning as always with results from several of ","content":"<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed&nbsp;by Bank of&nbsp;America and Citigroup on Thursday and Morgan Stanley on Friday.</p><p>Other notable companies reporting this week include industrial&nbsp;supplier&nbsp;Fastenalon Tuesday.Delta Air Lines,PepsiCo,and&nbsp;UnitedHealth Group&nbsp;publish results on Thursday. And&nbsp;Kansas City Southern&nbsp;reports on Friday.&nbsp; A total of 22&nbsp;S&amp;P 500&nbsp;companies report this week, followed by 64 next week.</p><p><img src=\"https://static.tigerbbs.com/ac3c413681d3a9e134223c4d1a02d883\" tg-width=\"1410\" tg-height=\"586\" referrerpolicy=\"no-referrer\"></p><p>It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.</p><p>Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.</p><p><b>Monday 4/12</b></p><p>Nvidia&nbsp;hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.</p><p><b>Tuesday 4/13</b></p><p>Fastenal reports quarterly results.</p><p><b>The Bureau of Labor</b>&nbsp;Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.</p><p><b>The National Federation</b>&nbsp;of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.</p><p><b>Wednesday 4/14</b></p><p><b>Earnings season begins</b>&nbsp;in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.</p><p>First Republic Bankreleases earnings.</p><p><b>Coinbase Global</b>&nbsp;is set to&nbsp;make its Wall Street debut&nbsp;on Wednesday through a direct listing of its shares on the Nasdaq.</p><p><b>The BLS reports</b>&nbsp;export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.</p><p><b>The Federal Reserve</b>&nbsp;releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.</p><p><b>Thursday 4/15</b></p><p>Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.</p><p><b>The National Association</b>&nbsp;of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.</p><p><b>The Census Bureau</b>&nbsp;reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.</p><p><b>Friday 4/16</b></p><p>Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and&nbsp;State Street&nbsp;hold conference calls to discuss earnings.</p><p><b>The University of Michigan</b>&nbsp;releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.</p><p><b>The Census Bureau</b>&nbsp;reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.</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>JPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch 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\">\nJPMorgan Chase, Nvidia, Goldman Sachs, Coinbase, and Other Stocks for Investors to Watch This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-12 07:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, ...</p>\n\n<a href=\"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite","NVDA":"英伟达","MS":"摩根士丹利",".DJI":"道琼斯",".SPX":"S&P 500 Index","JPM":"摩根大通","COIN":"Coinbase Global, Inc.","GS":"高盛","WFC":"富国银行"},"source_url":"https://www.barrons.com/articles/jpmorgan-chase-nvidia-goldman-sachs-delta-and-other-stocks-for-investors-to-watch-this-week-51618167609?mod=hp_LEAD_2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137529737","content_text":"First-quarter earnings season kicks off this week, beginning as always with results from several of the largest U.S. banks. Goldman Sachs Group, JPMorgan Chase, and Wells Fargo report on Wednesday, followed by Bank of America and Citigroup on Thursday and Morgan Stanley on Friday.Other notable companies reporting this week include industrial supplier Fastenalon Tuesday.Delta Air Lines,PepsiCo,and UnitedHealth Group publish results on Thursday. And Kansas City Southern reports on Friday.  A total of 22 S&P 500 companies report this week, followed by 64 next week.It’s also a busy week for economic data. On Tuesday, the Bureau of Labor Statistics reports the consumer price index for March and the National Federation of Independent Business releases its Small Business Optimism Index for March. Then on Thursday, the Census Bureau reports retail sales data for March. And on Friday, the University of Michigan releases its Consumer Sentiment Index for April.Housing-market data out this week include the National Association of Home Builders’ NAHB/Wells Fargo Housing Market Index for April on Thursday and the Census Bureau’s new residential construction data for March on Friday.Monday 4/12Nvidia hosts its 2021 investor day in conjunction with its GPU Technology conference. Nvidia CEO Jensen Huang will give the keynote address.Tuesday 4/13Fastenal reports quarterly results.The Bureau of Labor Statistics reports the consumer price index for March. Economists forecast a 0.4% monthly increase, matching the February data. The core CPI, which excludes volatile food and energy prices, is expected to rise 0.2%, after edging up 0.1% in February.The National Federation of Independent Business releases its Small Business Optimism Index for March. Consensus estimate is for a 98 reading, higher than February’s 95.8.Wednesday 4/14Earnings season begins in earnest with some of the largest money-center and investment banks reporting. JPMorgan Chase, Wells Fargo, and Goldman Sachs Group release first-quarter results before the market open.First Republic Bankreleases earnings.Coinbase Global is set to make its Wall Street debut on Wednesday through a direct listing of its shares on the Nasdaq.The BLS reports export and import price data for March. Expectations are for a 1% month-over-month rise in export prices, while import prices are seen increasing 0.8%. This compares with gains of 1.6% and 1.3%, respectively, in February.The Federal Reserve releases the beige book for the second of eight times this year. The beige book gathers anecdotal information on current economic conditions from the 12 Fed districts.Thursday 4/15Bank of America,BlackRock,Charles Schwab,Citigroup, Delta Air Lines, PepsiCo,PPG Industries,Truist Financial,U.S. Bancorp,and UnitedHealth Group report quarterly results.The National Association of Home Builders releases its NAHB/Wells Fargo Housing Market Index for April. Economists forecast an 84.5 reading, greater than the March data. Any reading above 50 indicates that home builders are bullish on the housing market for the next six months.The Census Bureau reports retail sales data for March. The consensus call is for consumer spending to rise 1.3% month over month, after declining 3% in February.Friday 4/16Bank of New York Mellon,Citizens Financial Group,Kansas City Southern, Morgan Stanley,PNC Financial Services Group,and State Street hold conference calls to discuss earnings.The University of Michigan releases its Consumer Sentiment Index for April. Expectations are for an 88 reading. March’s 84.9 figure was the highest since a year earlier.The Census Bureau reports new residential construction data for March. Economists forecast a seasonally adjusted annual rate of 1.61 million housing starts, a 13% month-over-month increase.","news_type":1,"symbols_score_info":{".DJI":0.9,"JPM":0.9,".IXIC":0.9,"COIN":0.9,"WFC":0.9,".SPX":0.9,"NVDA":0.9,"MS":0.9,"GS":0.9}},"isVote":1,"tweetType":1,"viewCount":1197,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":319952396,"gmtCreate":1611495183615,"gmtModify":1704860420415,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/319952396","repostId":"2105593894","repostType":4,"isVote":1,"tweetType":1,"viewCount":492,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3527667803686145","authorId":"3527667803686145","name":"社区成长助手","avatar":"https://static.tigerbbs.com/2b7c7106b5c0c8b0037faa67439d898f","crmLevel":1,"crmLevelSwitch":0,"authorIdStr":"3527667803686145","idStr":"3527667803686145"},"content":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","text":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation","html":"Finally, when you first post [compare heart] [compare heart] post, you can get more exposure by related stocks or related topics. If you want to create high-quality articles, please checkGuidelines for Tiger Community Creation"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9982451082,"gmtCreate":1667243618746,"gmtModify":1676537882860,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"[Happy]&nbsp;","listText":"[Happy]&nbsp;","text":"[Happy]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9982451082","repostId":"1169258680","repostType":4,"isVote":1,"tweetType":1,"viewCount":2494,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":341324275,"gmtCreate":1617785289297,"gmtModify":1704703088079,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/341324275","repostId":"2125453847","repostType":4,"repost":{"id":"2125453847","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":1617785145,"share":"https://ttm.financial/m/news/2125453847?lang=en_US&edition=fundamental","pubTime":"2021-04-07 16:45","market":"sh","language":"en","title":"China's March forex reserves fall to $3.17 trillion","url":"https://stock-news.laohu8.com/highlight/detail?id=2125453847","media":"Reuters","summary":"BEIJING, April 7 - China’s foreign exchange reserves fell more than expected in March, official data","content":"<p>BEIJING, April 7 - China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the dollar posted a gain against a basket of major currencies.</p><p>The country’s foreign exchange reserves - the world’s largest - fell $34.97 billion to $3.17 trillion last month, compared with the $3.19 trillion expected by a Reuters poll of analysts and $3.205 trillion in February.</p><p>Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery from the coronavirus pandemic.</p><p>The yuan fell 1.28% against the dollar in March, while the dollar rose 2.52% in March against a basket of other major currencies.</p><p>China held 62.64 million fine troy ounces of gold at the end of March, unchanged from the end-February.</p><p>The value of China’s gold reserves fell to $105.93 billion at the end of March from $109.18 billion at the end-February.</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>China's March forex reserves fall to $3.17 trillion</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nChina's March forex reserves fall to $3.17 trillion\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\">2021-04-07 16:45</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>BEIJING, April 7 - China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the dollar posted a gain against a basket of major currencies.</p><p>The country’s foreign exchange reserves - the world’s largest - fell $34.97 billion to $3.17 trillion last month, compared with the $3.19 trillion expected by a Reuters poll of analysts and $3.205 trillion in February.</p><p>Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery from the coronavirus pandemic.</p><p>The yuan fell 1.28% against the dollar in March, while the dollar rose 2.52% in March against a basket of other major currencies.</p><p>China held 62.64 million fine troy ounces of gold at the end of March, unchanged from the end-February.</p><p>The value of China’s gold reserves fell to $105.93 billion at the end of March from $109.18 billion at the end-February.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2125453847","content_text":"BEIJING, April 7 - China’s foreign exchange reserves fell more than expected in March, official data showed on Wednesday, as the dollar posted a gain against a basket of major currencies.The country’s foreign exchange reserves - the world’s largest - fell $34.97 billion to $3.17 trillion last month, compared with the $3.19 trillion expected by a Reuters poll of analysts and $3.205 trillion in February.Foreign inflows into Chinese stocks and bonds have been strong as China gallops ahead of other major economies in its recovery from the coronavirus pandemic.The yuan fell 1.28% against the dollar in March, while the dollar rose 2.52% in March against a basket of other major currencies.China held 62.64 million fine troy ounces of gold at the end of March, unchanged from the end-February.The value of China’s gold reserves fell to $105.93 billion at the end of March from $109.18 billion at the end-February.","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":1087,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":349109913,"gmtCreate":1617571271832,"gmtModify":1704700410931,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/349109913","repostId":"1188150614","repostType":4,"repost":{"id":"1188150614","kind":"news","pubTimestamp":1617366389,"share":"https://ttm.financial/m/news/1188150614?lang=en_US&edition=fundamental","pubTime":"2021-04-02 20:26","market":"us","language":"en","title":"3 Beaten-Down Stocks That Could Double Your Money","url":"https://stock-news.laohu8.com/highlight/detail?id=1188150614","media":"Motley Fool","summary":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, ho","content":"<p>Market rotation malaise has infected many investors. Last year, the growth stocks in the<b>Nasdaq-100</b>index trounced the staid giants in the<b>Dow Jones Industrial Average</b>. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.</p>\n<p>As a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices.&nbsp;Here are three beaten-down stocks that could even double your money -- or more.</p>\n<p><b>DermTech</b></p>\n<p><b>DermTech</b>(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.</p>\n<p>Part of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.</p>\n<p>DermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.</p>\n<p>The total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.</p>\n<p><b>Gores Holdings VI</b></p>\n<p>Special purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit.&nbsp;<b>Gores Holdings VI</b>(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.</p>\n<p>Gores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.</p>\n<p>Matterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firm<b>Accenture</b>recently picked digital twin technology asone of its top five tech trends of 2021.</p>\n<p>The company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.</p>\n<p><b>Skillz</b></p>\n<p><b>Skillz</b>(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.</p>\n<p>Like DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.</p>\n<p>Skillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.</p>\n<p>The mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.</p>\n<p>Skillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of years.</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>3 Beaten-Down Stocks That Could Double Your Money</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 Beaten-Down Stocks That Could Double Your Money\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 20:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far...</p>\n\n<a href=\"https://www.fool.com/investing/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/\">Source 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/2021/04/02/3-beaten-down-stocks-that-could-double-your-money/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188150614","content_text":"Market rotation malaise has infected many investors. Last year, the growth stocks in theNasdaq-100index trounced the staid giants in theDow Jones Industrial Average. It's been a different story so far in 2021, though. The big money appears to be moving into so-called \"risk-off\" stocks.\nAs a result, many of the high-flyers from just a few months ago are now stuck in the doldrums. Some are even down more than 30% from their peaks set earlier this year. There's a silver lining in this dark cloud, however: Quite a few stocks with strong growth prospects are available at discounted prices. Here are three beaten-down stocks that could even double your money -- or more.\nDermTech\nDermTech(NASDAQ:DMTK)markets an exciting product: a skin genomics test that can detect melanoma more accurately and cheaper than surgical biopsy. Its shares soared over 145% year to date by the third week of February. Since then, though, thehealthcare stockhas fallen more than 35%.\nPart of the problem was the aforementioned general sell-off of growth stocks. However, DermTech also provided disappointing guidance in its fourth-quarter update. The company expects first-quarter assay revenue of between $1.6 million and $1.9 million compared to Q4 assay revenue of $1.6 million.\nDermTech still faces some COVID-19 headwinds in reaching out to physicians. The company's long-term growth prospects remain bright, though. DermTech continues to pick up commercial payer reimbursement for its first product, Pigmented Lesion Assay (PLA). It expects to launch an at-home genomics test that identifies ultraviolet ray damage and skin cancer risk next year.\nThe total addressable U.S. market that DermTech is targeting for all types of skin cancer is around $10 billion. With the company's market cap currently below $1.5 billion, DermTech should only have to capture a tiny sliver of this market to deliver huge returns for investors.\nGores Holdings VI\nSpecial purpose acquisition company (SPAC) stocks were wildly popular not long ago. That's changed quite a bit. Gores Holdings VI(NASDAQ:GHVI)serves as a great example: The SPAC's shares skyrocketed more than 120% year to date by mid-February but are now down over 40% from those highs.\nGores Holdings VI and spatial data company Matterport announced on Feb. 8 that they plan to merge in a deal that will take Matterport public at an equity value of around $2.9 billion. But Matterport should be able to grow much larger than that relatively quickly.\nMatterport pioneered the spatial data market a decade ago. The company's technology can create a 3D \"digital twin\" of any physical space. Consulting firmAccenturerecently picked digital twin technology asone of its top five tech trends of 2021.\nThe company already has over 250,000 customers, including 13% of the Fortune 1000. However, less than 1% of the more than 4 billion buildings across the world are currently digitized. This represents a $240 billion opportunity for Matterport. The company expects to nearly double its revenue in 2022 with growth accelerating in subsequent years.\nSkillz\nSkillz(NYSE:SKLZ)stands as the biggest loser of these three beaten-down stocks. Shares of the mobile game platform provider soared nearly 120% by early February only to give up all of those gains and then some. The stock is now down over 5% year to date.\nLike DermTech and Gores Holdings VI, Skillz was negatively impacted by the market rotation away from growth stocks. However, the company's decision to sell 17 million shares in a public offering also hurt.\nSkillz's competition-focused approach keeps users more engaged than other leading online platforms. It's also driving tremendous growth. The company's revenue nearly doubled in 2020. Skillz is especially making inroads in converting users to paying customers.\nThe mobile gaming market totaled $86 billion last year and continues to grow rapidly. Skillz should be able to increase its market share as it expands internationally and adds new genres of games to its platform. The company's multi-year agreement with the NFL could also provide a big boost.\nSkillz looks like a stock that could easily double your money and perhaps deliver much greater returns than that over the next couple of 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15:12","market":"us","language":"en","title":"Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up","url":"https://stock-news.laohu8.com/highlight/detail?id=1180941072","media":"zerohedge","summary":"One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (alm","content":"<p>One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a boring media stock the best performing company of 2021, but then when its luck suddenly ended it was margin called into extinction, leading to billions in losses for the banks that enabled what Bloomberg has dubbed its<i>\"leveraged blowout.\"</i></p><p>Thanks to detailed reports by theFinancial TimesandBloomberg, we now have the missing pieces to complete the picture of the biggest hedge fund implosion of the 21st century.</p><p>As a reminder, and as wepreviously discussed, we already knew<i><b>how</b></i>Archegos was building up stakes in its various holdings: unlike most other investors, the fund never actually owned the underlying stock or even calls on the stock, but rather transacted by purchasing equity swaps known as Total Return Swaps (TRS) or Certificates For Difference (CFD). Similar to Credit Default Swaps, TRS exposed Archegos to the daily variation margin on the underlying stock, and as such while the fund would benefit economically from increases in the underlying stock price (and, inversely, would be hit by price drops forcing it to put up more cash as margin any day the stock price dropped) it would<i><b>never be the actual owner of record</b></i>of the underlying stock. Instead, the stock that Archegos was long would be \"owned\" by its prime broker, the same entity that allowed it to enter into TRS in the first place. As such<b>Archegos also never had any disclosure requirements</b>, allowing it to transact completely in the dark while being fully compliant with SEC disclosure requirements -<i>since it didn't own the underlying stock, Archegos did not have to disclose it.</i><b>Simple and brilliant.</b></p><p>This part is important because the lack of a documented trail of ownership to Archegos is what enabled the entire Ponzi bezzle... and the staggering leverage the fund applied to its portfolio. Furthermore, well aware that there was almost no way to verify just how much of a given stock he owned, Hwang proceeded to have nearly identical positions with not one, not two but at least<i><b>eight</b></i>prime brokers (the final number is still being determined as more and more come out of the woodwork).</p><p>Not that Archegos prime brokers were completely clueless as to what was going on.</p><p>As Bloomberg reports, while much of the investing world watched in stunned silence how an \"old media\" company - ViacomCBS - shot up almost 300% in weeks, becoming the best performing stock in the S&amp;P500 and prompting investors to speculate that the stock was was either undervalued,<i><b>or</b></i>like GameStop,<i><b>or</b></i>a takeover target, a handful of execs at Wall Street's top trading firms were aware of what was behind the move: it was Archegos Capital Management, who was building a massive position in&nbsp;ViacomCBS and a handful of other stocks...<b>using leverage the same banks so generously offered with stock which the banks themselves technically owned!</b></p><p><img src=\"https://static.tigerbbs.com/b2673e53795d60481c007d7f7d30c147\" tg-width=\"500\" tg-height=\"293\" referrerpolicy=\"no-referrer\">But while banks around the world - from<i>Goldman, Morgan Stanley and Wells in the US, to Credit Susse, UBS and Deutsche Bank in Europe, to Nomura and Mitsubishi UFJ in Japan</i>- kept giving Hwang the leverage he needed to acquire more and more of the stock, until he became the biggest<i><b>economic</b></i>if not<i><b>registered</b></i>owner of Viacom, what they did<i>not</i>know - thanks to the was Total Return Swaps are structured - was the full extent of his wagers. Which were massive:<i>he stealthily amassed $10 billion of Viacom</i>.</p><p>Viacom was just one of many: using even more TRS and even more leverage across even more Prime Brokers, Archegos was able to place colossal wagers while avoiding the disclosures required of most investors. And so<b>\"almost invisibly\" Hwang accumulated a portfolio which according to Bloomberg sources was as much as</b><b><u>$100 billion</u></b><b>!</b></p><p>Eventually, Archegos built positions in at least nine stocks that were big enough to rank him among the largest holders, fueled by a level of bank leverage that would have been unusual even for a hedge fund.</p><p>While we previously discussed the leverage aspect of Archegos strategy, here it is again: with Bill Hwuang managing approximately $10BN in assets under management, the multiple Total Return Swaps with unwitting prime brokers allowed the fund to build up a staggering $100 billion in positions, implying a huge 10x leverage. This is the kind of leverage one associated with the likes of financial titans likeCitadel and Millennium, not a smallish family office which has zero downside protection (as we would eventually learn).</p><p><img src=\"https://static.tigerbbs.com/e3436444c8e02081d1822cb0823fc1f1\" tg-width=\"500\" tg-height=\"285\" referrerpolicy=\"no-referrer\">What is amazing about this unilateral Ponzi scheme is that it relied on what we have dubbed<i><b>rehypothecated leverage</b></i>: the fund<i>never even owned the underlying stock which was layered with billions in generous Prime Broker debt</i>, but it was Archegos' Prime Brokers who not only would own the actual stock<b>but would also allow Hwang to add tens of billions in leverage... on an asset that they owned!</b></p><p>What is also remarkable is that Archegos' ponzi scheme could have continued indefinitely if only Viacom stock had i) continue to rise or ii) avoided a crash. After all, having ignited the initial upward moment, Archegos had effectively forced benchmark-tracking investors, exchange-traded funds, CTAs and other momentum investors to buy as well.</p><p>Sadly for Hwang (and his Primer Brokers) the upward momentum ended with a bang last Monday, when with its shares trading at $100, Viacom announced a $3BN stock sale, which hammered the stock, followed by a round of analyst downgrades, which sent the stock tumbling. It was at this point that Archegos was now facing tens of billions in margin calls on its VIACA Total Return Swaps from its Prime Brokers.</p><p><img src=\"https://static.tigerbbs.com/0543d0f74cfb9ce4e0ca6662b0f012a7\" tg-width=\"500\" tg-height=\"293\" referrerpolicy=\"no-referrer\">And therein lies the rub, because when the time came to unwind the Archegos Ponzi, the Prime Brokers' counterparty was not Archegos but other Prime Brokers. This is what led to the infamous meeting late last Thursday, where a bunch of PBs tried to reach an amicable resolution ahead of Friday's bloodbath. As Bloomberg adds, at several points during those exchanges, bankers implored Hwang to buy himself breathing room by selling some stocks and raising cash to post collateral. But \"he wouldn’t budge.\"</p><p>As a result, Morgan Stanley and Goldman promptly started dumping blocks of stock backing Archegos TRS in the open market. In doing so the started a margin call liquidation, in which those who sold first - like Goldman, Morgan Stanley and Deutsche - would avoid massive losses, while those who waited like Nomura and Credit Suisse...<i>would not.</i>Indeed, we already knew that Nomura, Japan’s largest investment bank, said its losses could hit $2Bn, while losses at Credit Suisse could be as large as $4Bn according to the FT.</p><p>At this point, many questions popped up, especially (and belatedly) inside the banks themselves: as theFT reports, executives within the prime brokerage divisions of at least two banks \"<b>are being quizzed by risk managers over why they offered a business as small as Archegos tens of billions of dollars of leverage on trades in volatile equities through swaps contracts,</b>.\"</p><p>As the FT further notes, echoing what we said above, while prime brokerage clients typically provide few details about their other trading activities, \"executives from at least two of the six banks are investigating whether Hwang deliberately misled them or withheld vital information about mirror positions he had built up at rival banks, according to people involved in the probes.\"</p><p>Well, no: Archegos did not mislead anyone. He simply used (and abused) a system where - as we put it - one investor can create as much rehypothecated leverage as the investors' banks and Prime Brokers will allow him. In this case we know the number may have been as high as a mindblowing $90 billion.</p><p>Naturally, had the banks known that<i><b>in a worst case scenario they would be facing other banks-</b></i>since such replicated, or rather rehypothecated position would magnify the risks on each of the trades making a bank less likely to extend so much credit against them&nbsp; - none of this would have been possible. However, as long as everything was going up, and all of Archegos positions were pleasasntly surging nobody seemed to care... or bother to calculate just how big the downside risk was (one can thank the Fed Put for that).</p><p>One final remarkable aspect of this whole story is that this is not Hwang's first crisis. In 2012 he submitted a&nbsp;guilty plea on behalf of his hedge fund to a charge of wire fraud, and he resolved related civil claims of insider trading without&nbsp;admitting or denying wrongdoing. Archegos is the family office he formed after winding down that firm, Tiger Asia Management.</p><p>However, as if nothing had ever happened, prime brokerages immediately began lining&nbsp;up to&nbsp;help the new business. Morgan Stanley was among his early backers.&nbsp;Deutsche Bank signed him as a client at the urging of at least one senior executive, according to Bloomberg, \"who was unperturbed by the insider-trading taint and didn’t believe Hwang had done anything wrong, according to a person familiar with that decision.\" Ironically, just a few years later,<b>Hwang did something wrong and it would prove to be the biggest hedge fund collapse in post-LTCM history.</b></p><p>Not every bank acted like an idiot: one firm resisted the lure. Archegos approached JPMorgan sometime between 2016 and 2018 and was rebuffed, according to the Bloomberg report. At the time, JPMorgan was still revamping the equity prime-brokerage unit it had acquired with Bear Stearns during the 2008 financial crisis. \"Dumb luck or not, the bank dodged a bullet.\"</p><p>The rest of the story is mostly known, so now what.</p><p>Well, aswe first hintedand as Bloomberg reports, already regulators are dropping hints of new rules to come, with SEC officials signaling to banks that they intend to make trading disclosures from hedge funds a higher priority, while also finding ways to address risk and leverage.</p><blockquote><i>Senior finance executives acknowledge that a crackdown of some form, whether on borrowing or transparency or both, is inevitable.</i></blockquote><p>Amusingly, and picking up on the FT's reporting, Bloomberg also notes that while some of those firms have disclosed the financial impact of their roles in the Archegos collapse,<b>none is willing to comment on how or why they enabled Hwang to become such a force in the market.</b>After all what can they say: \"the other guys vetted him, so we assumed he was clean\"...</p><p>There are also questions whether Hwang’s counterparties knew about his relationships with other banks and the scale of the leverage he was using for what appear to be concentrated positions in a handful of companies. And - more ominously - if they did not know anything about his exposure,<b>why the hell not?</b>As wereported on Tuesday, JPMorgan (which successfully managed to avoid this scandal completely) estimated that the Prime Brokers facing Archegos may end up<b>absorbing as much as $10 billion in combined losses.</b></p><p>Already credit rating agencies have downgraded outlooks for Credit Suisse and Nomura, citing concerns over “the quality of risk management” while activist investors are demanding better governance and would not mind if senior execs were summarily fired over this episode to restore confidence.</p><p>\"Risk controls still are not where they should be,\" David Herro, one of Credit Suisse’s biggest shareholders, said Wednesday in a Bloomberg TV&nbsp;interview. \"Hopefully, this is a wake-up call to expedite the cultural change that is needed in this company.\"</p><p>But going back to Bloomberg's original point, for all their silence the prime-brokerage units of&nbsp;Nomura,&nbsp;Goldman Sachs,&nbsp;Morgan Stanley, Credit Suisse and others,<b>had clues about what Archegos was doing.</b>These firms knew about the trades they had financed, of course, and also had some visibility into his total borrowings. And yet they didn't bother to ask about what, if any, risk management was being implemented to avoid an uncontrolled unwind. Or rather,<i><b>the questions emerged only after the margin call.</b></i></p><p>What the Prime Brokers also didn't know is that Hwang was taking parallel positions at multiple firms, piling more leverage onto the same few stocks, which brings us back to our<i><b>rehypothecated leverage</b></i>concept which we are confident we will use much more in the coming months, especially since \"unwinding a series of large, leveraged bets placed by a single account is one thing; doing so when rival banks are liquidating the same positions held by the same client is quite another.\"</p><p>Archegos' own \"Lehman moment\" came late on March 25 when Hwang’s prime brokers met again and discussed the possibility of standing down temporarily to let tensions ease, as we reported previously, but any attempt at solidarity proved short-lived: shortly after some PBs sent Archegos notices of default, clearing the way for Goldman and Morgan Stanley to dump Hwang's positions.</p><p>“Hopefully this will cause the prime brokerages of regulated banking organizations (and their supervisors) to re-assess their relationships with highly leveraged hedge funds,” former FDIC chair Sheila Bair tweeted.</p><p><img src=\"https://static.tigerbbs.com/b70d4570bcc92554dba7f9d5db168422\" tg-width=\"470\" tg-height=\"335\" referrerpolicy=\"no-referrer\">She is, of course, wrong.</p><p>In fact, if anything we expect Prime Brokers will make leverage<i>even easier to obtain for non-bank, hedge fund and family office clients</i>, because the one big mistake Archegos (and its Prime Brokers) made was that it was not big and systemic enough to merit a Fed bailout. Now, if Archegos had a portfolio of $200 billion, $300 billion or more, while usingCitadel's 50x leverage,<b>now we're talking \"size\"...</b>size enough for the Fed to step in and make everyone whole on the back of taxpayers... the same way the Fed bailed out Citadel, Millennium and Point72 in September 2019 during the repo crisis (as bothZero Hedgeand subsequentlyBloomberg, explained).</p><p>There is another reason nothing will change: hedge funds, Prime Brokers, banks - in fact the Fed itself - are all incentivized to<i><u><b>not</b></u></i>look at what skeletons may be found in the closet. Why? Because if the banks are forced to admit that there are more Archegos funds -<i><u><b>and there are countless</b></u></i>- Prime Brokers will have no choice but to sequester collateral from more clients, sparking more margin calls, leading to more stock liquidations, and resulting in even bigger investor panic. Call it a side effect of building castles on crooked foundations in an artificial, fake, Fed-supported market.</p><p>Is another market panic what the Fed wants? Or what the Biden admin wants? Of course not.</p><p>Which is why we will get a token Congressional hearing where politicians care more to hear themselves talk than listen to the answers, the banks will slap a few hands, one or two small sacrificial hedge funds will be shut down, and the world will move on, especially once Archegos is no longer on the front page of the financial media.</p><p>It's also why when the next major hedge fund implosion does happen, it will be far more catastrophic.</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>Rehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up</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\">\nRehypothecated Leverage: How Archegos Built A $100 Billion Portfolio Out Of Thin Air... And Then Blew Up\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-04-02 15:12 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/rehypothecated-leverage-how-archegos-built-100-billion-portfolio-out-thin-air-and-then-blew><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/rehypothecated-leverage-how-archegos-built-100-billion-portfolio-out-thin-air-and-then-blew\">Source 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.zerohedge.com/markets/rehypothecated-leverage-how-archegos-built-100-billion-portfolio-out-thin-air-and-then-blew","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180941072","content_text":"One week after the biggest, and most spectacular hedge fund collapse since LTCM, we now have an (almost) clear picture of how Bill Hwang’s Archegos family office managed to single-handedly make a boring media stock the best performing company of 2021, but then when its luck suddenly ended it was margin called into extinction, leading to billions in losses for the banks that enabled what Bloomberg has dubbed its\"leveraged blowout.\"Thanks to detailed reports by theFinancial TimesandBloomberg, we now have the missing pieces to complete the picture of the biggest hedge fund implosion of the 21st century.As a reminder, and as wepreviously discussed, we already knewhowArchegos was building up stakes in its various holdings: unlike most other investors, the fund never actually owned the underlying stock or even calls on the stock, but rather transacted by purchasing equity swaps known as Total Return Swaps (TRS) or Certificates For Difference (CFD). Similar to Credit Default Swaps, TRS exposed Archegos to the daily variation margin on the underlying stock, and as such while the fund would benefit economically from increases in the underlying stock price (and, inversely, would be hit by price drops forcing it to put up more cash as margin any day the stock price dropped) it wouldnever be the actual owner of recordof the underlying stock. Instead, the stock that Archegos was long would be \"owned\" by its prime broker, the same entity that allowed it to enter into TRS in the first place. As suchArchegos also never had any disclosure requirements, allowing it to transact completely in the dark while being fully compliant with SEC disclosure requirements -since it didn't own the underlying stock, Archegos did not have to disclose it.Simple and brilliant.This part is important because the lack of a documented trail of ownership to Archegos is what enabled the entire Ponzi bezzle... and the staggering leverage the fund applied to its portfolio. Furthermore, well aware that there was almost no way to verify just how much of a given stock he owned, Hwang proceeded to have nearly identical positions with not one, not two but at leasteightprime brokers (the final number is still being determined as more and more come out of the woodwork).Not that Archegos prime brokers were completely clueless as to what was going on.As Bloomberg reports, while much of the investing world watched in stunned silence how an \"old media\" company - ViacomCBS - shot up almost 300% in weeks, becoming the best performing stock in the S&P500 and prompting investors to speculate that the stock was was either undervalued,orlike GameStop,ora takeover target, a handful of execs at Wall Street's top trading firms were aware of what was behind the move: it was Archegos Capital Management, who was building a massive position in ViacomCBS and a handful of other stocks...using leverage the same banks so generously offered with stock which the banks themselves technically owned!But while banks around the world - fromGoldman, Morgan Stanley and Wells in the US, to Credit Susse, UBS and Deutsche Bank in Europe, to Nomura and Mitsubishi UFJ in Japan- kept giving Hwang the leverage he needed to acquire more and more of the stock, until he became the biggesteconomicif notregisteredowner of Viacom, what they didnotknow - thanks to the was Total Return Swaps are structured - was the full extent of his wagers. Which were massive:he stealthily amassed $10 billion of Viacom.Viacom was just one of many: using even more TRS and even more leverage across even more Prime Brokers, Archegos was able to place colossal wagers while avoiding the disclosures required of most investors. And so\"almost invisibly\" Hwang accumulated a portfolio which according to Bloomberg sources was as much as$100 billion!Eventually, Archegos built positions in at least nine stocks that were big enough to rank him among the largest holders, fueled by a level of bank leverage that would have been unusual even for a hedge fund.While we previously discussed the leverage aspect of Archegos strategy, here it is again: with Bill Hwuang managing approximately $10BN in assets under management, the multiple Total Return Swaps with unwitting prime brokers allowed the fund to build up a staggering $100 billion in positions, implying a huge 10x leverage. This is the kind of leverage one associated with the likes of financial titans likeCitadel and Millennium, not a smallish family office which has zero downside protection (as we would eventually learn).What is amazing about this unilateral Ponzi scheme is that it relied on what we have dubbedrehypothecated leverage: the fundnever even owned the underlying stock which was layered with billions in generous Prime Broker debt, but it was Archegos' Prime Brokers who not only would own the actual stockbut would also allow Hwang to add tens of billions in leverage... on an asset that they owned!What is also remarkable is that Archegos' ponzi scheme could have continued indefinitely if only Viacom stock had i) continue to rise or ii) avoided a crash. After all, having ignited the initial upward moment, Archegos had effectively forced benchmark-tracking investors, exchange-traded funds, CTAs and other momentum investors to buy as well.Sadly for Hwang (and his Primer Brokers) the upward momentum ended with a bang last Monday, when with its shares trading at $100, Viacom announced a $3BN stock sale, which hammered the stock, followed by a round of analyst downgrades, which sent the stock tumbling. It was at this point that Archegos was now facing tens of billions in margin calls on its VIACA Total Return Swaps from its Prime Brokers.And therein lies the rub, because when the time came to unwind the Archegos Ponzi, the Prime Brokers' counterparty was not Archegos but other Prime Brokers. This is what led to the infamous meeting late last Thursday, where a bunch of PBs tried to reach an amicable resolution ahead of Friday's bloodbath. As Bloomberg adds, at several points during those exchanges, bankers implored Hwang to buy himself breathing room by selling some stocks and raising cash to post collateral. But \"he wouldn’t budge.\"As a result, Morgan Stanley and Goldman promptly started dumping blocks of stock backing Archegos TRS in the open market. In doing so the started a margin call liquidation, in which those who sold first - like Goldman, Morgan Stanley and Deutsche - would avoid massive losses, while those who waited like Nomura and Credit Suisse...would not.Indeed, we already knew that Nomura, Japan’s largest investment bank, said its losses could hit $2Bn, while losses at Credit Suisse could be as large as $4Bn according to the FT.At this point, many questions popped up, especially (and belatedly) inside the banks themselves: as theFT reports, executives within the prime brokerage divisions of at least two banks \"are being quizzed by risk managers over why they offered a business as small as Archegos tens of billions of dollars of leverage on trades in volatile equities through swaps contracts,.\"As the FT further notes, echoing what we said above, while prime brokerage clients typically provide few details about their other trading activities, \"executives from at least two of the six banks are investigating whether Hwang deliberately misled them or withheld vital information about mirror positions he had built up at rival banks, according to people involved in the probes.\"Well, no: Archegos did not mislead anyone. He simply used (and abused) a system where - as we put it - one investor can create as much rehypothecated leverage as the investors' banks and Prime Brokers will allow him. In this case we know the number may have been as high as a mindblowing $90 billion.Naturally, had the banks known thatin a worst case scenario they would be facing other banks-since such replicated, or rather rehypothecated position would magnify the risks on each of the trades making a bank less likely to extend so much credit against them  - none of this would have been possible. However, as long as everything was going up, and all of Archegos positions were pleasasntly surging nobody seemed to care... or bother to calculate just how big the downside risk was (one can thank the Fed Put for that).One final remarkable aspect of this whole story is that this is not Hwang's first crisis. In 2012 he submitted a guilty plea on behalf of his hedge fund to a charge of wire fraud, and he resolved related civil claims of insider trading without admitting or denying wrongdoing. Archegos is the family office he formed after winding down that firm, Tiger Asia Management.However, as if nothing had ever happened, prime brokerages immediately began lining up to help the new business. Morgan Stanley was among his early backers. Deutsche Bank signed him as a client at the urging of at least one senior executive, according to Bloomberg, \"who was unperturbed by the insider-trading taint and didn’t believe Hwang had done anything wrong, according to a person familiar with that decision.\" Ironically, just a few years later,Hwang did something wrong and it would prove to be the biggest hedge fund collapse in post-LTCM history.Not every bank acted like an idiot: one firm resisted the lure. Archegos approached JPMorgan sometime between 2016 and 2018 and was rebuffed, according to the Bloomberg report. At the time, JPMorgan was still revamping the equity prime-brokerage unit it had acquired with Bear Stearns during the 2008 financial crisis. \"Dumb luck or not, the bank dodged a bullet.\"The rest of the story is mostly known, so now what.Well, aswe first hintedand as Bloomberg reports, already regulators are dropping hints of new rules to come, with SEC officials signaling to banks that they intend to make trading disclosures from hedge funds a higher priority, while also finding ways to address risk and leverage.Senior finance executives acknowledge that a crackdown of some form, whether on borrowing or transparency or both, is inevitable.Amusingly, and picking up on the FT's reporting, Bloomberg also notes that while some of those firms have disclosed the financial impact of their roles in the Archegos collapse,none is willing to comment on how or why they enabled Hwang to become such a force in the market.After all what can they say: \"the other guys vetted him, so we assumed he was clean\"...There are also questions whether Hwang’s counterparties knew about his relationships with other banks and the scale of the leverage he was using for what appear to be concentrated positions in a handful of companies. And - more ominously - if they did not know anything about his exposure,why the hell not?As wereported on Tuesday, JPMorgan (which successfully managed to avoid this scandal completely) estimated that the Prime Brokers facing Archegos may end upabsorbing as much as $10 billion in combined losses.Already credit rating agencies have downgraded outlooks for Credit Suisse and Nomura, citing concerns over “the quality of risk management” while activist investors are demanding better governance and would not mind if senior execs were summarily fired over this episode to restore confidence.\"Risk controls still are not where they should be,\" David Herro, one of Credit Suisse’s biggest shareholders, said Wednesday in a Bloomberg TV interview. \"Hopefully, this is a wake-up call to expedite the cultural change that is needed in this company.\"But going back to Bloomberg's original point, for all their silence the prime-brokerage units of Nomura, Goldman Sachs, Morgan Stanley, Credit Suisse and others,had clues about what Archegos was doing.These firms knew about the trades they had financed, of course, and also had some visibility into his total borrowings. And yet they didn't bother to ask about what, if any, risk management was being implemented to avoid an uncontrolled unwind. Or rather,the questions emerged only after the margin call.What the Prime Brokers also didn't know is that Hwang was taking parallel positions at multiple firms, piling more leverage onto the same few stocks, which brings us back to ourrehypothecated leverageconcept which we are confident we will use much more in the coming months, especially since \"unwinding a series of large, leveraged bets placed by a single account is one thing; doing so when rival banks are liquidating the same positions held by the same client is quite another.\"Archegos' own \"Lehman moment\" came late on March 25 when Hwang’s prime brokers met again and discussed the possibility of standing down temporarily to let tensions ease, as we reported previously, but any attempt at solidarity proved short-lived: shortly after some PBs sent Archegos notices of default, clearing the way for Goldman and Morgan Stanley to dump Hwang's positions.“Hopefully this will cause the prime brokerages of regulated banking organizations (and their supervisors) to re-assess their relationships with highly leveraged hedge funds,” former FDIC chair Sheila Bair tweeted.She is, of course, wrong.In fact, if anything we expect Prime Brokers will make leverageeven easier to obtain for non-bank, hedge fund and family office clients, because the one big mistake Archegos (and its Prime Brokers) made was that it was not big and systemic enough to merit a Fed bailout. Now, if Archegos had a portfolio of $200 billion, $300 billion or more, while usingCitadel's 50x leverage,now we're talking \"size\"...size enough for the Fed to step in and make everyone whole on the back of taxpayers... the same way the Fed bailed out Citadel, Millennium and Point72 in September 2019 during the repo crisis (as bothZero Hedgeand subsequentlyBloomberg, explained).There is another reason nothing will change: hedge funds, Prime Brokers, banks - in fact the Fed itself - are all incentivized tonotlook at what skeletons may be found in the closet. Why? Because if the banks are forced to admit that there are more Archegos funds -and there are countless- Prime Brokers will have no choice but to sequester collateral from more clients, sparking more margin calls, leading to more stock liquidations, and resulting in even bigger investor panic. Call it a side effect of building castles on crooked foundations in an artificial, fake, Fed-supported market.Is another market panic what the Fed wants? Or what the Biden admin wants? Of course not.Which is why we will get a token Congressional hearing where politicians care more to hear themselves talk than listen to the answers, the banks will slap a few hands, one or two small sacrificial hedge funds will be shut down, and the world will move on, especially once Archegos is no longer on the front page of the financial media.It's also why when the next major hedge fund implosion does happen, it will be far more catastrophic.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":1015,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362917756,"gmtCreate":1614587360575,"gmtModify":1704772708187,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/362917756","repostId":"1176148015","repostType":4,"isVote":1,"tweetType":1,"viewCount":313,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":368230700,"gmtCreate":1614326825800,"gmtModify":1704770695506,"author":{"id":"3572682061977022","authorId":"3572682061977022","name":"Weichao","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3572682061977022","idStr":"3572682061977022"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/368230700","repostId":"2114347233","repostType":4,"repost":{"id":"2114347233","kind":"highlight","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1614326448,"share":"https://ttm.financial/m/news/2114347233?lang=en_US&edition=fundamental","pubTime":"2021-02-26 16:00","market":"us","language":"en","title":"Square's Recent Weakness Is An Investor's Chance To Buy Stock, Says Analyst","url":"https://stock-news.laohu8.com/highlight/detail?id=2114347233","media":"Benzinga","summary":"A day after Square Inc (NYSE: SQ) reported its  fourth-quarter results  and announced the purchase of $170 million worth of Bitcoin (CRYPTO:","content":"<p>A day after <b>Square Inc </b>(NYSE:SQ) reported its fourth-quarter results and announced the purchase of $170 million worth of <b>Bitcoin</b> (CRYPTO: BTC), an analyst at Guggenheim Securities upgraded the shares of the payment processor.</p>\n<p><b>The Square Analyst: </b> Jeff Cantwell upgraded Square shares from Neutral to Buy, with a $288 price targeting, suggesting 21% upside potential from current levels.</p>\n<p><b>The Square Thesis: </b> The weakness in Square shares seen over the past two days is largely a near-term momentum-driven reaction to the decline in the price of bitcoin this week, analyst Cantwell said in a Thursday morning note.</p>\n<p>This presents an opportunity for investors to buy the stock, especially as the company reported strong quarterly results and the management discussed many areas of emerging operational strength, the analyst said.</p>\n<p>This bodes well for the company's future, and places it on the path towards much greater levels of revenue, EBITDA&nbsp;and EPS generation in coming periods, he added.<i> </i></p>\n<p>Particularly, seller segment results continued to strengthen in the fourth quarter, thanks to the company's strategic initiatives in omnichannel/online and meaningful expansion upmarket with mid-market merchants, Cantwell said.</p>\n<p>The outlook for the segment, the analyst said, looks increasingly positive, as small and medium businesses are showing confidence in a post-vaccine environment.</p>\n<p>The Cash App, according to the analyst, is in solid shape. It will likely continue to add revenues rapidly, driven by bitcoin and equity investing.</p>\n<p>Combining the two ecosystems increasingly sounds feasible and should create new synergies that will likely expand Square's top&nbsp;and bottom lines, the analyst said.</p>\n<p>Bitcoin, according to the analyst, is still in the early stages of a significant move higher, and this is positive for Cash App, as well as Square's balance sheet. Additionally, another round of stimulus will likely provide a boost to the company's two ecosystems, he said.</p>\n<p><b>Square Price Action: </b> After pulling back by about 14% over the past three sessions, Square shares were last seen downing 4.3% to $227.11 Thursday.</p>\n<p><img src=\"https://static.tigerbbs.com/31926376044b6c816921bdb8b2512caf\" tg-width=\"1042\" tg-height=\"241\"></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>Square's Recent Weakness Is An Investor's Chance To Buy Stock, Says Analyst</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\">\nSquare's Recent Weakness Is An Investor's Chance To Buy Stock, Says Analyst\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2021-02-26 16:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>A day after <b>Square Inc </b>(NYSE:SQ) reported its fourth-quarter results and announced the purchase of $170 million worth of <b>Bitcoin</b> (CRYPTO: BTC), an analyst at Guggenheim Securities upgraded the shares of the payment processor.</p>\n<p><b>The Square Analyst: </b> Jeff Cantwell upgraded Square shares from Neutral to Buy, with a $288 price targeting, suggesting 21% upside potential from current levels.</p>\n<p><b>The Square Thesis: </b> The weakness in Square shares seen over the past two days is largely a near-term momentum-driven reaction to the decline in the price of bitcoin this week, analyst Cantwell said in a Thursday morning note.</p>\n<p>This presents an opportunity for investors to buy the stock, especially as the company reported strong quarterly results and the management discussed many areas of emerging operational strength, the analyst said.</p>\n<p>This bodes well for the company's future, and places it on the path towards much greater levels of revenue, EBITDA&nbsp;and EPS generation in coming periods, he added.<i> </i></p>\n<p>Particularly, seller segment results continued to strengthen in the fourth quarter, thanks to the company's strategic initiatives in omnichannel/online and meaningful expansion upmarket with mid-market merchants, Cantwell said.</p>\n<p>The outlook for the segment, the analyst said, looks increasingly positive, as small and medium businesses are showing confidence in a post-vaccine environment.</p>\n<p>The Cash App, according to the analyst, is in solid shape. It will likely continue to add revenues rapidly, driven by bitcoin and equity investing.</p>\n<p>Combining the two ecosystems increasingly sounds feasible and should create new synergies that will likely expand Square's top&nbsp;and bottom lines, the analyst said.</p>\n<p>Bitcoin, according to the analyst, is still in the early stages of a significant move higher, and this is positive for Cash App, as well as Square's balance sheet. Additionally, another round of stimulus will likely provide a boost to the company's two ecosystems, he said.</p>\n<p><b>Square Price Action: </b> After pulling back by about 14% over the past three sessions, Square shares were last seen downing 4.3% to $227.11 Thursday.</p>\n<p><img src=\"https://static.tigerbbs.com/31926376044b6c816921bdb8b2512caf\" tg-width=\"1042\" tg-height=\"241\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2114347233","content_text":"A day after Square Inc (NYSE:SQ) reported its fourth-quarter results and announced the purchase of $170 million worth of Bitcoin (CRYPTO: BTC), an analyst at Guggenheim Securities upgraded the shares of the payment processor.\nThe Square Analyst:  Jeff Cantwell upgraded Square shares from Neutral to Buy, with a $288 price targeting, suggesting 21% upside potential from current levels.\nThe Square Thesis:  The weakness in Square shares seen over the past two days is largely a near-term momentum-driven reaction to the decline in the price of bitcoin this week, analyst Cantwell said in a Thursday morning note.\nThis presents an opportunity for investors to buy the stock, especially as the company reported strong quarterly results and the management discussed many areas of emerging operational strength, the analyst said.\nThis bodes well for the company's future, and places it on the path towards much greater levels of revenue, EBITDA and EPS generation in coming periods, he added. \nParticularly, seller segment results continued to strengthen in the fourth quarter, thanks to the company's strategic initiatives in omnichannel/online and meaningful expansion upmarket with mid-market merchants, Cantwell said.\nThe outlook for the segment, the analyst said, looks increasingly positive, as small and medium businesses are showing confidence in a post-vaccine environment.\nThe Cash App, according to the analyst, is in solid shape. It will likely continue to add revenues rapidly, driven by bitcoin and equity investing.\nCombining the two ecosystems increasingly sounds feasible and should create new synergies that will likely expand Square's top and bottom lines, the analyst said.\nBitcoin, according to the analyst, is still in the early stages of a significant move higher, and this is positive for Cash App, as well as Square's balance sheet. Additionally, another round of stimulus will likely provide a boost to the company's two ecosystems, he said.\nSquare Price Action:  After pulling back by about 14% over the past three sessions, Square shares were last seen downing 4.3% to $227.11 Thursday.","news_type":1,"symbols_score_info":{"SQ":0.9}},"isVote":1,"tweetType":1,"viewCount":460,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}