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2021-05-26

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ZipRecruiter Given $18 a Share Reference Price by NYSE

2021-05-26

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Strategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in

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The reference price issued Tuesday by the New York Stock Exchange is intended merely as a guide for investors and to allow trading to begin.</p>\n<p>If the company does trade near its reference price, it would have a fully diluted valuation of about $2.4 billion based on the shares listed in astatement. The company’s Class B shares were trading privately during the first quarter at $9 apiece, according to the filings with the U.S. Securities and Exchange Commission.</p>\n<p>ZipRecruiter’s listing follows those by website-hosting serviceSquarespace Inc., which become the first company to close below the reference price in its debut last week. Cryptocurrency exchangeCoinbase Global Inc.and online game makerRoblox Corp.also went public through direct listings.Palantir Technologies Inc.andAsana Inc.did so last year, following an alternative route to public markets established bySpotify Technology SAin 2018 andSlack Technologies Inc.the following year.</p>\n<p>Like its predecessors, ZipRecruiter won’t issue new shares at a set price. Instead, current investors can simply begin selling shares based on demand when trading opens, without waiting for a lockup period to expire.</p>\n<p>The Santa Monica, California-based company became profitable in 2020, even as its revenue declined slightly, according to itsfilings. Since its founding in 2010, more than 2.8 million businesses and 110 million job seekers have used ZipRecruiter, the company said.</p>\n<p>ZipRecruiter wasvaluedin a 2018 funding round at $1.5 billion. Last year, it had net income of $86 million on revenue of $418 million, compared with a net loss of $6.3 million on revenue of $430 million in 2019, according to its filing.</p>\n<p>Chief Executive Officer Ian Siegel and other executives, along with investors such asInstitutional Venture Partnersand Wellington will continue to control the company through Class B shares, which carry 20 votes each compared to one each for the Class A shares to be sold to the public.</p>\n<p>While banks don’t underwrite offerings as they do in IPOs, they do advise the company on the process. ZipRecruiter’s advisers includeGoldman Sachs Group Inc.andJPMorgan Chase &amp; Co., according to the filing.</p>\n<p>ZipRecruiter’s shares will trade on NYSE under the symbol ZIP.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ZipRecruiter Given $18 a Share Reference Price by NYSE</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\">\nZipRecruiter Given $18 a Share Reference Price by NYSE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squarespace, Coinbase, Roblox\n\nZipRecruiter Inc.was assigned a reference price of $18 a share for what ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120785755","content_text":"Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squarespace, Coinbase, Roblox\n\nZipRecruiter Inc.was assigned a reference price of $18 a share for what will be the fourth major direct listing of the year on a U.S. exchange.\nThe job search and recruiting company’s shares are set to begin trading Wednesday without the company raising any capital. The reference price issued Tuesday by the New York Stock Exchange is intended merely as a guide for investors and to allow trading to begin.\nIf the company does trade near its reference price, it would have a fully diluted valuation of about $2.4 billion based on the shares listed in astatement. The company’s Class B shares were trading privately during the first quarter at $9 apiece, according to the filings with the U.S. Securities and Exchange Commission.\nZipRecruiter’s listing follows those by website-hosting serviceSquarespace Inc., which become the first company to close below the reference price in its debut last week. Cryptocurrency exchangeCoinbase Global Inc.and online game makerRoblox Corp.also went public through direct listings.Palantir Technologies Inc.andAsana Inc.did so last year, following an alternative route to public markets established bySpotify Technology SAin 2018 andSlack Technologies Inc.the following year.\nLike its predecessors, ZipRecruiter won’t issue new shares at a set price. Instead, current investors can simply begin selling shares based on demand when trading opens, without waiting for a lockup period to expire.\nThe Santa Monica, California-based company became profitable in 2020, even as its revenue declined slightly, according to itsfilings. Since its founding in 2010, more than 2.8 million businesses and 110 million job seekers have used ZipRecruiter, the company said.\nZipRecruiter wasvaluedin a 2018 funding round at $1.5 billion. Last year, it had net income of $86 million on revenue of $418 million, compared with a net loss of $6.3 million on revenue of $430 million in 2019, according to its filing.\nChief Executive Officer Ian Siegel and other executives, along with investors such asInstitutional Venture Partnersand Wellington will continue to control the company through Class B shares, which carry 20 votes each compared to one each for the Class A shares to be sold to the public.\nWhile banks don’t underwrite offerings as they do in IPOs, they do advise the company on the process. ZipRecruiter’s advisers includeGoldman Sachs Group Inc.andJPMorgan Chase & Co., according to the filing.\nZipRecruiter’s shares will trade on NYSE under the symbol ZIP.","news_type":1},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136129275,"gmtCreate":1622000366897,"gmtModify":1704365824599,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136129275","repostId":"1177219022","repostType":4,"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136129330,"gmtCreate":1622000348320,"gmtModify":1704365823144,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136129330","repostId":"1177219022","repostType":4,"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136129012,"gmtCreate":1622000336436,"gmtModify":1704365822660,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136129012","repostId":"1199977821","repostType":4,"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136120731,"gmtCreate":1622000321223,"gmtModify":1704365822498,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136120731","repostId":"1169666766","repostType":4,"repost":{"id":"1169666766","kind":"news","pubTimestamp":1621997680,"share":"https://ttm.financial/m/news/1169666766?lang=&edition=fundamental","pubTime":"2021-05-26 10:54","market":"fut","language":"en","title":"Strategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in","url":"https://stock-news.laohu8.com/highlight/detail?id=1169666766","media":"cnbc","summary":"Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese de","content":"<div>\n<p>Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge.Copper has been ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in</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; 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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\">\nStrategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge.Copper has been ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1169666766","content_text":"Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge.Copper has been trading near all-time highs in recent weeks and, after slipping on a warning from China over speculation earlier this week, prices picked up again on Tuesday.In a note to investors Friday, CFRA argued it remains bullish on the red metal,echoing the likes of Bank of AmericaandGoldman Sachs, which recently characterized copper as “the new oil”and projected a multi-year bull market fueled by a surge in green capital expenditure and a dearth of mining projects.CFRA suggested the copper bull run might be in the “early to middle innings,” with significantly more upside potential.Taking this into account, Equity Research Analyst Matthew Miller picked four stocks poised to outperform their peers and the broader market as a result of the rally.Four winnersOver the next five to seven years, Miller identified four mining stocks that he believes are best positioned to outperform. The company has a “buy” rating onFirst Quantum MineralsandSouthern Copper Corporationand a “strong buy” onFreeport-McMoRanandTeck Resources.U.S. miner Freeport-McMoRan is one of the world’s largest publicly-traded copper producers, and also produces gold and molybdenum. Its portfolio includes the copper and gold-rich Grasberg minerals district in Indonesia, where it is ramping up mining operations, and significant operations across the Americas.“The Grasberg ramp-up will continue in 2022,” Miller said.“Our 2021 adjusted EBITDA (earnings before interest, tax, depreciation and amortization) estimate of $9.4 billion is nearly double the 2020 figure, driven by higher volume and higher prices. We forecast a significant increase in free cash flow in 2021, reaching $4.5 billion, up from $1.0 billion in 2020.”Canada’s Teck Resources produces copper, metallurgical coal, zinc and bitumen, with copper mines operating in Canada, Chile and Peru alongside development projects throughout North and South America. Copper is set to become a larger component of the company’s value, Miller said, due to a key project at one of the world’s largest undeveloped copper resources in northern Chile, known as Quebrada Balance Phase 2.“QB2 is poised to double Teck’s current copper production by 2023,” Miller added.First Quantum Minerals runs eight mines in seven countries, plus advanced exploration projects in Argentina and Peru, and produced a record 778,911 tons of copper in 2020. Its “mega project,” Cobre Panama, is expected to become one of the world’s largest copper mines, producing more than 300,000 tons per year once at full capacity.Miller noted that the company has also transitioned from large annual spending to free cash flow generation, which he suggested “will quickly de-leverage the balance sheet.”Southern Copper Corporation runs mining, smelting and refining facilities in Peru and Mexico, with exploration projects in Argentina, Chile and Ecuador. It produced 2.2 billion pounds of copper in 2020 and trades at a premium to its peers, which Miller said was due to the company’s “best-in-class cost profile, strong balance sheet, and best-in-class reserve life index.”Price outlookThe price of copper has more than doubled since bottoming out in March 2020at around $2.11 per pound, and was trading at $4.51 on Tuesday — slightly off the record high of $4.75 seen earlier this month.With strong demand driven by Chinese stimulus and the potential for long-term growth amid the transition to renewable energy, particularly the demand for electric vehicles, analysts expect the upward trajectory for copper to continue.But while Chinese demand and decarbonization are the headline catalysts, Miller said issues around South American supply could be the “showstopper.” Labor negotiations in Chile and imminent elections in both Chile and Peru have the potential to affect supply, he added.“Chile is by far the largest copper producing country (accounting for 28% of 2020 mined copper supply), followed by Peru (at 10%),” Miller said.“If you include the 7% copper supply from the Democratic Republic of the Congo (DRC), 45% of the world’s copper supply is produced in regions facing political uncertainty.”With regards to South America, threats of nationalization from political candidates and regulatory uncertainty mean investments in new mines could be delayed, Miller said. He also anticipates that the copper project pipeline will fall short of meeting demand, while new, major discoveries of the metal are now extremely rare.Miller argued that consensus on copper’s price outlook is still far too bearish, highlighting that during the last bull run between 2001 and 2011, the price of copper rose almost six-fold.“A similar increase is not out of the question, given the fundamental drivers today are arguably more bullish than the previous cycle,” Miller suggested.“Using the 2016 average copper price of $2.22 per pound as a starting point (the bottom of the previous cycle), history would suggest that prices could surge to higher than $12.00 per pound over the course of the next five to seven years.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136120218,"gmtCreate":1622000305534,"gmtModify":1704365822011,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136120218","repostId":"2138962197","repostType":4,"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136120010,"gmtCreate":1622000272830,"gmtModify":1704365823304,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136120010","repostId":"2138962197","repostType":4,"repost":{"id":"2138962197","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":1621999315,"share":"https://ttm.financial/m/news/2138962197?lang=&edition=fundamental","pubTime":"2021-05-26 11:21","market":"us","language":"en","title":"Japan wants TSMC, Sony to build 20 nanometre chip plant -Nikkan Kogyo","url":"https://stock-news.laohu8.com/highlight/detail?id=2138962197","media":"Reuters","summary":"TOKYO, May 26 (Reuters) - Japan's government wants Taiwan Semiconductor Manufacturing Co Ltd    and ","content":"<p>TOKYO, May 26 (Reuters) - Japan's government wants Taiwan Semiconductor Manufacturing Co Ltd    and Sony Group&nbsp;to invest 1 trillion yen ($9.2 billion) to build the country's first 20 nanometre chip plant, the Nikkan Kogyo newspaper reported on Wednesday.</p><p>The potential factory would be built close to Sony's image sensor plant in southwest Japan, according to a proposal floated by Japan's trade and industry ministry, the report said. It did not provide further details on the proposal or when it was made.</p><p>Sony CEO Kenichiro Yoshida declined to comment on the report at a strategy briefing on Wednesday but said \"stable chip supplies are important for Japan to maintain its international competitiveness.\"</p><p>TSMC declined to comment. A ministry spokesman said the report was not true but declined to elaborate.</p><p>Bitter trade tension between United States and China has resulted in concern that too much of the world's chip production is located in Taiwan as well as contributing to a global chip shortage that has hit automakers particularly hard.</p><p>Japan like the United States is looking for ways to boost semiconductor production at home in a bid to ensure its companies can secure the critical components.</p><p>Japan's most advanced semiconductor plant is a 40 nanometre chip factory operated by <a href=\"https://laohu8.com/S/RNECF\">Renesas Electronics Corp</a>    near Tokyo. A 20 nanometre chip is more powerful as it packs more transistors into a smaller space.</p><p>U.S. Senate Democratic Leader Chuck Schumer this month unveiled legislation to approve $52 billion to significantly boost U.S. semiconductor chip production and research over five years.</p><p>(Reporting by Tim Kelly, Ben Blanchard and Ritsuko Shimizu; Editing by Edwina Gibbs)</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>Japan wants TSMC, Sony to build 20 nanometre chip plant -Nikkan Kogyo</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\">\nJapan wants TSMC, Sony to build 20 nanometre chip plant -Nikkan Kogyo\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\">2021-05-26 11:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>TOKYO, May 26 (Reuters) - Japan's government wants Taiwan Semiconductor Manufacturing Co Ltd    and Sony Group&nbsp;to invest 1 trillion yen ($9.2 billion) to build the country's first 20 nanometre chip plant, the Nikkan Kogyo newspaper reported on Wednesday.</p><p>The potential factory would be built close to Sony's image sensor plant in southwest Japan, according to a proposal floated by Japan's trade and industry ministry, the report said. It did not provide further details on the proposal or when it was made.</p><p>Sony CEO Kenichiro Yoshida declined to comment on the report at a strategy briefing on Wednesday but said \"stable chip supplies are important for Japan to maintain its international competitiveness.\"</p><p>TSMC declined to comment. A ministry spokesman said the report was not true but declined to elaborate.</p><p>Bitter trade tension between United States and China has resulted in concern that too much of the world's chip production is located in Taiwan as well as contributing to a global chip shortage that has hit automakers particularly hard.</p><p>Japan like the United States is looking for ways to boost semiconductor production at home in a bid to ensure its companies can secure the critical components.</p><p>Japan's most advanced semiconductor plant is a 40 nanometre chip factory operated by <a href=\"https://laohu8.com/S/RNECF\">Renesas Electronics Corp</a>    near Tokyo. A 20 nanometre chip is more powerful as it packs more transistors into a smaller space.</p><p>U.S. Senate Democratic Leader Chuck Schumer this month unveiled legislation to approve $52 billion to significantly boost U.S. semiconductor chip production and research over five years.</p><p>(Reporting by Tim Kelly, Ben Blanchard and Ritsuko Shimizu; Editing by Edwina Gibbs)</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":"2138962197","content_text":"TOKYO, May 26 (Reuters) - Japan's government wants Taiwan Semiconductor Manufacturing Co Ltd    and Sony Group to invest 1 trillion yen ($9.2 billion) to build the country's first 20 nanometre chip plant, the Nikkan Kogyo newspaper reported on Wednesday.The potential factory would be built close to Sony's image sensor plant in southwest Japan, according to a proposal floated by Japan's trade and industry ministry, the report said. It did not provide further details on the proposal or when it was made.Sony CEO Kenichiro Yoshida declined to comment on the report at a strategy briefing on Wednesday but said \"stable chip supplies are important for Japan to maintain its international competitiveness.\"TSMC declined to comment. A ministry spokesman said the report was not true but declined to elaborate.Bitter trade tension between United States and China has resulted in concern that too much of the world's chip production is located in Taiwan as well as contributing to a global chip shortage that has hit automakers particularly hard.Japan like the United States is looking for ways to boost semiconductor production at home in a bid to ensure its companies can secure the critical components.Japan's most advanced semiconductor plant is a 40 nanometre chip factory operated by Renesas Electronics Corp    near Tokyo. A 20 nanometre chip is more powerful as it packs more transistors into a smaller space.U.S. Senate Democratic Leader Chuck Schumer this month unveiled legislation to approve $52 billion to significantly boost U.S. semiconductor chip production and research over five years.(Reporting by Tim Kelly, Ben Blanchard and Ritsuko Shimizu; Editing by Edwina Gibbs)","news_type":1},"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":136123624,"gmtCreate":1622000416768,"gmtModify":1704365824922,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/136123624","repostId":"1120785755","repostType":4,"repost":{"id":"1120785755","kind":"news","pubTimestamp":1621993793,"share":"https://ttm.financial/m/news/1120785755?lang=&edition=fundamental","pubTime":"2021-05-26 09:49","market":"us","language":"en","title":"ZipRecruiter Given $18 a Share Reference Price by NYSE","url":"https://stock-news.laohu8.com/highlight/detail?id=1120785755","media":"Bloomberg","summary":"Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squar","content":"<ul>\n <li>Job search, recruiting company set for trading debut Wednesday</li>\n <li>Year’s 4th direct listing after Squarespace, Coinbase, Roblox</li>\n</ul>\n<p>ZipRecruiter Inc.was assigned a reference price of $18 a share for what will be the fourth major direct listing of the year on a U.S. exchange.</p>\n<p>The job search and recruiting company’s shares are set to begin trading Wednesday without the company raising any capital. The reference price issued Tuesday by the New York Stock Exchange is intended merely as a guide for investors and to allow trading to begin.</p>\n<p>If the company does trade near its reference price, it would have a fully diluted valuation of about $2.4 billion based on the shares listed in astatement. The company’s Class B shares were trading privately during the first quarter at $9 apiece, according to the filings with the U.S. Securities and Exchange Commission.</p>\n<p>ZipRecruiter’s listing follows those by website-hosting serviceSquarespace Inc., which become the first company to close below the reference price in its debut last week. Cryptocurrency exchangeCoinbase Global Inc.and online game makerRoblox Corp.also went public through direct listings.Palantir Technologies Inc.andAsana Inc.did so last year, following an alternative route to public markets established bySpotify Technology SAin 2018 andSlack Technologies Inc.the following year.</p>\n<p>Like its predecessors, ZipRecruiter won’t issue new shares at a set price. Instead, current investors can simply begin selling shares based on demand when trading opens, without waiting for a lockup period to expire.</p>\n<p>The Santa Monica, California-based company became profitable in 2020, even as its revenue declined slightly, according to itsfilings. Since its founding in 2010, more than 2.8 million businesses and 110 million job seekers have used ZipRecruiter, the company said.</p>\n<p>ZipRecruiter wasvaluedin a 2018 funding round at $1.5 billion. Last year, it had net income of $86 million on revenue of $418 million, compared with a net loss of $6.3 million on revenue of $430 million in 2019, according to its filing.</p>\n<p>Chief Executive Officer Ian Siegel and other executives, along with investors such asInstitutional Venture Partnersand Wellington will continue to control the company through Class B shares, which carry 20 votes each compared to one each for the Class A shares to be sold to the public.</p>\n<p>While banks don’t underwrite offerings as they do in IPOs, they do advise the company on the process. ZipRecruiter’s advisers includeGoldman Sachs Group Inc.andJPMorgan Chase &amp; Co., according to the filing.</p>\n<p>ZipRecruiter’s shares will trade on NYSE under the symbol ZIP.</p>","source":"lsy1584095487587","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ZipRecruiter Given $18 a Share Reference Price by NYSE</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\">\nZipRecruiter Given $18 a Share Reference Price by NYSE\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squarespace, Coinbase, Roblox\n\nZipRecruiter Inc.was assigned a reference price of $18 a share for what ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.bloomberg.com/news/articles/2021-05-25/ziprecruiter-given-18-a-share-reference-price-in-direct-listing?srnd=markets-vp","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1120785755","content_text":"Job search, recruiting company set for trading debut Wednesday\nYear’s 4th direct listing after Squarespace, Coinbase, Roblox\n\nZipRecruiter Inc.was assigned a reference price of $18 a share for what will be the fourth major direct listing of the year on a U.S. exchange.\nThe job search and recruiting company’s shares are set to begin trading Wednesday without the company raising any capital. The reference price issued Tuesday by the New York Stock Exchange is intended merely as a guide for investors and to allow trading to begin.\nIf the company does trade near its reference price, it would have a fully diluted valuation of about $2.4 billion based on the shares listed in astatement. The company’s Class B shares were trading privately during the first quarter at $9 apiece, according to the filings with the U.S. Securities and Exchange Commission.\nZipRecruiter’s listing follows those by website-hosting serviceSquarespace Inc., which become the first company to close below the reference price in its debut last week. Cryptocurrency exchangeCoinbase Global Inc.and online game makerRoblox Corp.also went public through direct listings.Palantir Technologies Inc.andAsana Inc.did so last year, following an alternative route to public markets established bySpotify Technology SAin 2018 andSlack Technologies Inc.the following year.\nLike its predecessors, ZipRecruiter won’t issue new shares at a set price. Instead, current investors can simply begin selling shares based on demand when trading opens, without waiting for a lockup period to expire.\nThe Santa Monica, California-based company became profitable in 2020, even as its revenue declined slightly, according to itsfilings. Since its founding in 2010, more than 2.8 million businesses and 110 million job seekers have used ZipRecruiter, the company said.\nZipRecruiter wasvaluedin a 2018 funding round at $1.5 billion. Last year, it had net income of $86 million on revenue of $418 million, compared with a net loss of $6.3 million on revenue of $430 million in 2019, according to its filing.\nChief Executive Officer Ian Siegel and other executives, along with investors such asInstitutional Venture Partnersand Wellington will continue to control the company through Class B shares, which carry 20 votes each compared to one each for the Class A shares to be sold to the public.\nWhile banks don’t underwrite offerings as they do in IPOs, they do advise the company on the process. ZipRecruiter’s advisers includeGoldman Sachs Group Inc.andJPMorgan Chase & Co., according to the filing.\nZipRecruiter’s shares will trade on NYSE under the symbol ZIP.","news_type":1},"isVote":1,"tweetType":1,"viewCount":661,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136120731,"gmtCreate":1622000321223,"gmtModify":1704365822498,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136120731","repostId":"1169666766","repostType":4,"repost":{"id":"1169666766","kind":"news","pubTimestamp":1621997680,"share":"https://ttm.financial/m/news/1169666766?lang=&edition=fundamental","pubTime":"2021-05-26 10:54","market":"fut","language":"en","title":"Strategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in","url":"https://stock-news.laohu8.com/highlight/detail?id=1169666766","media":"cnbc","summary":"Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese de","content":"<div>\n<p>Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge.Copper has been ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Strategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in</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; 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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\">\nStrategist says copper’s ‘raging bull’ run is just beginning, and picks four stocks to cash in\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 10:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge.Copper has been ...</p>\n\n<a href=\"https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.cnbc.com/2021/05/26/copper-stocks-to-buy-bull-run-just-beginning-cfra-says.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1169666766","content_text":"Thecopperbull run could be just beginning, according to investment research firm CFRA, as Chinese demand, the push toward decarbonization and South American supply risks converge.Copper has been trading near all-time highs in recent weeks and, after slipping on a warning from China over speculation earlier this week, prices picked up again on Tuesday.In a note to investors Friday, CFRA argued it remains bullish on the red metal,echoing the likes of Bank of AmericaandGoldman Sachs, which recently characterized copper as “the new oil”and projected a multi-year bull market fueled by a surge in green capital expenditure and a dearth of mining projects.CFRA suggested the copper bull run might be in the “early to middle innings,” with significantly more upside potential.Taking this into account, Equity Research Analyst Matthew Miller picked four stocks poised to outperform their peers and the broader market as a result of the rally.Four winnersOver the next five to seven years, Miller identified four mining stocks that he believes are best positioned to outperform. The company has a “buy” rating onFirst Quantum MineralsandSouthern Copper Corporationand a “strong buy” onFreeport-McMoRanandTeck Resources.U.S. miner Freeport-McMoRan is one of the world’s largest publicly-traded copper producers, and also produces gold and molybdenum. Its portfolio includes the copper and gold-rich Grasberg minerals district in Indonesia, where it is ramping up mining operations, and significant operations across the Americas.“The Grasberg ramp-up will continue in 2022,” Miller said.“Our 2021 adjusted EBITDA (earnings before interest, tax, depreciation and amortization) estimate of $9.4 billion is nearly double the 2020 figure, driven by higher volume and higher prices. We forecast a significant increase in free cash flow in 2021, reaching $4.5 billion, up from $1.0 billion in 2020.”Canada’s Teck Resources produces copper, metallurgical coal, zinc and bitumen, with copper mines operating in Canada, Chile and Peru alongside development projects throughout North and South America. Copper is set to become a larger component of the company’s value, Miller said, due to a key project at one of the world’s largest undeveloped copper resources in northern Chile, known as Quebrada Balance Phase 2.“QB2 is poised to double Teck’s current copper production by 2023,” Miller added.First Quantum Minerals runs eight mines in seven countries, plus advanced exploration projects in Argentina and Peru, and produced a record 778,911 tons of copper in 2020. Its “mega project,” Cobre Panama, is expected to become one of the world’s largest copper mines, producing more than 300,000 tons per year once at full capacity.Miller noted that the company has also transitioned from large annual spending to free cash flow generation, which he suggested “will quickly de-leverage the balance sheet.”Southern Copper Corporation runs mining, smelting and refining facilities in Peru and Mexico, with exploration projects in Argentina, Chile and Ecuador. It produced 2.2 billion pounds of copper in 2020 and trades at a premium to its peers, which Miller said was due to the company’s “best-in-class cost profile, strong balance sheet, and best-in-class reserve life index.”Price outlookThe price of copper has more than doubled since bottoming out in March 2020at around $2.11 per pound, and was trading at $4.51 on Tuesday — slightly off the record high of $4.75 seen earlier this month.With strong demand driven by Chinese stimulus and the potential for long-term growth amid the transition to renewable energy, particularly the demand for electric vehicles, analysts expect the upward trajectory for copper to continue.But while Chinese demand and decarbonization are the headline catalysts, Miller said issues around South American supply could be the “showstopper.” Labor negotiations in Chile and imminent elections in both Chile and Peru have the potential to affect supply, he added.“Chile is by far the largest copper producing country (accounting for 28% of 2020 mined copper supply), followed by Peru (at 10%),” Miller said.“If you include the 7% copper supply from the Democratic Republic of the Congo (DRC), 45% of the world’s copper supply is produced in regions facing political uncertainty.”With regards to South America, threats of nationalization from political candidates and regulatory uncertainty mean investments in new mines could be delayed, Miller said. He also anticipates that the copper project pipeline will fall short of meeting demand, while new, major discoveries of the metal are now extremely rare.Miller argued that consensus on copper’s price outlook is still far too bearish, highlighting that during the last bull run between 2001 and 2011, the price of copper rose almost six-fold.“A similar increase is not out of the question, given the fundamental drivers today are arguably more bullish than the previous cycle,” Miller suggested.“Using the 2016 average copper price of $2.22 per pound as a starting point (the bottom of the previous cycle), history would suggest that prices could surge to higher than $12.00 per pound over the course of the next five to seven years.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":530,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136129012,"gmtCreate":1622000336436,"gmtModify":1704365822660,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136129012","repostId":"1199977821","repostType":4,"repost":{"id":"1199977821","kind":"news","pubTimestamp":1621994187,"share":"https://ttm.financial/m/news/1199977821?lang=&edition=fundamental","pubTime":"2021-05-26 09:56","market":"us","language":"en","title":"Why Virgin Galactic Stock Dropped 8.1% Tuesday","url":"https://stock-news.laohu8.com/highlight/detail?id=1199977821","media":"Motley Fool","summary":"Volatility continues for the space tourism company.\n\nWhat happened\nShares of space tourism companyVi","content":"<blockquote>\n Volatility continues for the space tourism company.\n</blockquote>\n<p><b>What happened</b></p>\n<p>Shares of space tourism company<b>Virgin Galactic</b>(NYSE:SPCE)dropped as much as 8.1% in trading on Tuesday following a day whenshares jumped 27.6%. At 1:30 p.m. EDT Tuesday, shares were down 6.2%.</p>\n<p><b>So what</b></p>\n<p>Yesterday's pop was driven by Virgin Galactic's successful space flight over the weekend following months of delays. There's no news out Tuesday, so thisgrowth stockis simply giving back some of the gains from yesterday.</p>\n<p><img src=\"https://static.tigerbbs.com/91d8b2aa1d911bb6974cc5572d9dd13b\" tg-width=\"700\" tg-height=\"466\" referrerpolicy=\"no-referrer\"></p>\n<p>VIRGIN GALACTIC'S SPACECRAFT RETURNING TO EARTH. IMAGE SOURCE: VIRGIN GALACTIC.</p>\n<p>As essentially a pre-revenue company, Virgin Galactic is extremely speculative, and investors are grasping at any piece of news to determine where the company is going. Delays this spring caused the stock to drop, and then the latest successful space flight caused shares to rise. Don't be surprised if there are a lot of ups and downs for the company as it moves closer to commercial space flights with paying customers later this year.</p>\n<p><b>Now what</b></p>\n<p>If you're a Virgin Galactic investor, like me, this is some of the volatility we can expect. As flights progress, the stock will likely be extremely volatile. But what's crucial will be how much revenue and profit the company can earn once it reaches maturity. That process will take years, and until then investors are in for a bumpy ride.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why Virgin Galactic Stock Dropped 8.1% Tuesday</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhy Virgin Galactic Stock Dropped 8.1% Tuesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:56 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/05/25/why-virgin-galactic-stock-dropped-81-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Volatility continues for the space tourism company.\n\nWhat happened\nShares of space tourism companyVirgin Galactic(NYSE:SPCE)dropped as much as 8.1% in trading on Tuesday following a day whenshares ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/25/why-virgin-galactic-stock-dropped-81-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2021/05/25/why-virgin-galactic-stock-dropped-81-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1199977821","content_text":"Volatility continues for the space tourism company.\n\nWhat happened\nShares of space tourism companyVirgin Galactic(NYSE:SPCE)dropped as much as 8.1% in trading on Tuesday following a day whenshares jumped 27.6%. At 1:30 p.m. EDT Tuesday, shares were down 6.2%.\nSo what\nYesterday's pop was driven by Virgin Galactic's successful space flight over the weekend following months of delays. There's no news out Tuesday, so thisgrowth stockis simply giving back some of the gains from yesterday.\n\nVIRGIN GALACTIC'S SPACECRAFT RETURNING TO EARTH. IMAGE SOURCE: VIRGIN GALACTIC.\nAs essentially a pre-revenue company, Virgin Galactic is extremely speculative, and investors are grasping at any piece of news to determine where the company is going. Delays this spring caused the stock to drop, and then the latest successful space flight caused shares to rise. Don't be surprised if there are a lot of ups and downs for the company as it moves closer to commercial space flights with paying customers later this year.\nNow what\nIf you're a Virgin Galactic investor, like me, this is some of the volatility we can expect. As flights progress, the stock will likely be extremely volatile. But what's crucial will be how much revenue and profit the company can earn once it reaches maturity. That process will take years, and until then investors are in for a bumpy ride.","news_type":1},"isVote":1,"tweetType":1,"viewCount":378,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136129275,"gmtCreate":1622000366897,"gmtModify":1704365824599,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136129275","repostId":"1177219022","repostType":4,"repost":{"id":"1177219022","kind":"news","pubTimestamp":1621993648,"share":"https://ttm.financial/m/news/1177219022?lang=&edition=fundamental","pubTime":"2021-05-26 09:47","market":"hk","language":"en","title":"Hong Kong: Stocks rise at open","url":"https://stock-news.laohu8.com/highlight/detail?id=1177219022","media":"AFP","summary":"[HONG KONG] Hong Kong and mainland Chinese stocks started Wednesday on a positive note, extending th","content":"<p>[HONG KONG] Hong Kong and mainland Chinese stocks started Wednesday on a positive note, extending the previous day's rally as traders brushed off a weak Wall Street lead.</p><p>The Hang Seng Index added 0.50 per cent or 145.42 points to 29,056.28.</p><p>The benchmark Shanghai Composite Index gained 0.15 per cent or 5.50 points to 3,586.84, while the Shenzhen Composite Index on China's second exchange was barely moved, inching up 0.55 point to 2,382.49.</p><p></p>","source":"lsy1605843958005","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>Hong Kong: Stocks rise at open</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; 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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\">\nHong Kong: Stocks rise at open\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-26 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.businesstimes.com.sg/stocks/hong-kong-stocks-rise-at-open-23><strong>AFP</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>[HONG KONG] Hong Kong and mainland Chinese stocks started Wednesday on a positive note, extending the previous day's rally as traders brushed off a weak Wall Street lead.The Hang Seng Index added 0.50...</p>\n\n<a href=\"https://www.businesstimes.com.sg/stocks/hong-kong-stocks-rise-at-open-23\">Web Link</a>\n\n</div>\n\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","HSI":"恒生指数","000001.SH":"上证指数"},"source_url":"https://www.businesstimes.com.sg/stocks/hong-kong-stocks-rise-at-open-23","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1177219022","content_text":"[HONG KONG] Hong Kong and mainland Chinese stocks started Wednesday on a positive note, extending the previous day's rally as traders brushed off a weak Wall Street lead.The Hang Seng Index added 0.50 per cent or 145.42 points to 29,056.28.The benchmark Shanghai Composite Index gained 0.15 per cent or 5.50 points to 3,586.84, while the Shenzhen Composite Index on China's second exchange was barely moved, inching up 0.55 point to 2,382.49.","news_type":1},"isVote":1,"tweetType":1,"viewCount":404,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136129330,"gmtCreate":1622000348320,"gmtModify":1704365823144,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136129330","repostId":"1177219022","repostType":4,"isVote":1,"tweetType":1,"viewCount":426,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136120218,"gmtCreate":1622000305534,"gmtModify":1704365822011,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136120218","repostId":"2138962197","repostType":4,"isVote":1,"tweetType":1,"viewCount":466,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":136120010,"gmtCreate":1622000272830,"gmtModify":1704365823304,"author":{"id":"3585093383400440","authorId":"3585093383400440","name":"Fiqx","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3585093383400440","authorIdStr":"3585093383400440"},"themes":[],"htmlText":"Good luck","listText":"Good luck","text":"Good luck","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/136120010","repostId":"2138962197","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}