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jaytoo
jaytoo
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2021-08-30
Nice
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jaytoo
jaytoo
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2021-08-26
Nice
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jaytoo
jaytoo
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2021-08-15
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Why Regulatory Risk Is A Silver Lining For Apple And Google
The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and
Why Regulatory Risk Is A Silver Lining For Apple And Google
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jaytoo
jaytoo
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2021-08-13
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Cathie Wood Loves These 3 Crypto Stocks
Key Points Now that the cryptocurrency bear market is ebbing, investors are looking for long-term i
Cathie Wood Loves These 3 Crypto Stocks
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jaytoo
jaytoo
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2021-08-12
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Coinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar
US-based cryptocurrency exchange Coinbase Global, Inc. admitted that USD Coin (CRYPTO: USDC) — a sta
Coinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar
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jaytoo
jaytoo
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2021-08-10
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jaytoo
jaytoo
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2021-08-09
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jaytoo
jaytoo
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2021-08-08
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Saudi Aramco Q2 profit soars on higher prices, demand recovery
DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold
Saudi Aramco Q2 profit soars on higher prices, demand recovery
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jaytoo
jaytoo
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2021-08-06
Nice $NIO all the way
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jaytoo
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2021-08-05
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China stocks fall as constraining fears hit sentiment
SHANGHAI, Aug 5 (Reuters) - China shares fell on Thursday, as investors took cues from state media r
China stocks fall as constraining fears hit sentiment
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Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n <tr>\n <th>Date</th>\n <th>Firm</th>\n <th>Action</th>\n <th>From</th>\n <th>To</th>\n </tr>\n </tbody>\n <tbody>\n <tr>\n <td>Jul 2021</td>\n <td>Loop Capital</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Deutsche Bank</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Piper Sandler</td>\n <td>Maintains</td>\n <td></td>\n <td>Overweight</td>\n </tr>\n </tbody>\n</table>","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 Regulatory Risk Is A Silver Lining For Apple And Google</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; 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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\">\nWhy Regulatory Risk Is A Silver Lining For Apple And Google\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\">2021-08-15 09:22</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>The threat of regulation has been looming over big tech giants such as <b>Apple Inc. </b>(NASDAQ: AAPL) and <b>Alphabet Inc. </b>(NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.</p>\n<p>With a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.</p>\n<p><b>What the New Legislation Is All About: </b> The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.</p>\n<p>This will help avoiding the 30% take rate on in-app purchases, the analyst said.</p>\n<p>The proposed bill will have to be approved by the House and Senate before becoming law, Munster said.</p>\n<p><b>Regulation Not Automatically Negative: </b> The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.</p>\n<p>Even if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.</p>\n<p>Apple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.</p>\n<p>Additionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.</p>\n<p><b>Munster's Take On Potential Regulation: </b> The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.</p>\n<p>\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.</p>\n<p>Apple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.</p>\n<p>Latest Ratings for AAPL</p>\n<table>\n <tbody>\n <tr>\n <th>Date</th>\n <th>Firm</th>\n <th>Action</th>\n <th>From</th>\n <th>To</th>\n </tr>\n </tbody>\n <tbody>\n <tr>\n <td>Jul 2021</td>\n <td>Loop Capital</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Deutsche Bank</td>\n <td>Maintains</td>\n <td></td>\n <td>Buy</td>\n </tr>\n <tr>\n <td>Jul 2021</td>\n <td>Piper Sandler</td>\n <td>Maintains</td>\n <td></td>\n <td>Overweight</td>\n </tr>\n </tbody>\n</table>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GOOG":"谷歌","AAPL":"苹果","GOOGL":"谷歌A"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159321288","content_text":"The threat of regulation has been looming over big tech giants such as Apple Inc. (NASDAQ: AAPL) and Alphabet Inc. (NASDAQ: GOOGL) (NASDAQ: GOOG) over the past three years.\nWith a bill seeking broader changes in the way Apple and Google operate their respective app stores introduced this week, Loup Funds Managing Partner Gene Munster offered his take on what is in store for these companies.\nWhat the New Legislation Is All About: The changes proposed by the legislation calls for allowing third-party app stores with the App Store and Google Play store, Munster noted. Both companies are also called to allow app developers to explicitly advertise within apps, so that consumers can subscribe and make purchases outside of the App Store or the Google Play Store, he added.\nThis will help avoiding the 30% take rate on in-app purchases, the analyst said.\nThe proposed bill will have to be approved by the House and Senate before becoming law, Munster said.\nRegulation Not Automatically Negative: The end result of regulation is not automatically negative for big tech, given unintended consequences often occur when incentives change, Munster said.\nEven if Apple buckles under pressure and reduces its take rate from 30% to 10% - a possibility which is unlikely – it could still make more money ultimately, the analyst said. A reduction in fees will likely spur greater growth in the app development ecosystem, he added.\nApple and Google, according to the analyst, have the stronger case, given they created their mobile app stores and are responsible for maintaining them, the analyst said. They, therefore, should have control over how things are curated and distributed within the stores, he added.\nAdditionally, opening the iPhone to third-party app stores, the analyst said, will weaken security and privacy, thereby harming consumers.\nMunster's Take On Potential Regulation: The likelihood of radical regulation as low, Munster said. If any regulations do materialize, the most likely outcome is that Apple and Google will be forced to remove their anti-steering clauses, thereby allowing publishers to advertise payment options outside of the default in-app payment systems, the analyst said.\n\"This would have limited impact on consumer app store engagement given the easiest way to manage app spending will be to remain inside the respective walled gardens,\" the analyst concluded.\nApple closed Friday's session down 0.14% at $149.10 and Google ended nearly flat at $2,768.12.\nLatest Ratings for AAPL\n\n\n\nDate\nFirm\nAction\nFrom\nTo\n\n\n\n\nJul 2021\nLoop Capital\nMaintains\n\nBuy\n\n\nJul 2021\nDeutsche Bank\nMaintains\n\nBuy\n\n\nJul 2021\nPiper Sandler\nMaintains\n\nOverweight","news_type":1,"symbols_score_info":{"GOOG":0.9,"AAPL":0.9,"GOOGL":0.9}},"isVote":1,"tweetType":1,"viewCount":2632,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894640619,"gmtCreate":1628824146631,"gmtModify":1676529866694,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/894640619","repostId":"1188994673","repostType":4,"repost":{"id":"1188994673","kind":"news","pubTimestamp":1628822933,"share":"https://ttm.financial/m/news/1188994673?lang=&edition=fundamental","pubTime":"2021-08-13 10:48","market":"hk","language":"en","title":"Cathie Wood Loves These 3 Crypto Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1188994673","media":"The motley fool","summary":"Key Points\n\nNow that the cryptocurrency bear market is ebbing, investors are looking for long-term i","content":"<p>Key <a href=\"https://laohu8.com/S/PCOM\">Points</a></p>\n<ul>\n <li>Now that the cryptocurrency bear market is ebbing, investors are looking for long-term investments.</li>\n <li>You don't have to buy cryptocurrencies directly to benefit from the increased adoption underway.</li>\n</ul>\n<p>ARK Invest CEO Cathie Wood seems to have taken the investing world by storm. In 2020, Wood's flagship<b><a href=\"https://laohu8.com/S/ARKK\">ARK Innovation ETF</a></b>(NYSEMKT:ARKK)outperformed the greater market by nearly 9x -- 149% versus 16% -- and earned her Bloomberg <a href=\"https://laohu8.com/S/NWS\">News</a> designation as best stock picker that year.</p>\n<p>With a focus on disruptive technology, it makes sense that ARK's exchange-traded funds would embrace crypto, but the strong conviction ARK's investments are showing to the sector is still a bit shocking. Last year, Wood assigned a$500,000 per coin price targetfor<b>Bitcoin</b>(CRYPTO: BTC), <a href=\"https://laohu8.com/S/AONE.U\">one</a> of the most ambitious predictions on Wall Street! Unsurprisingly, ARK is well on its way to creating a Bitcoin-focused ETF.</p>\n<p>With the crypto bear market starting to show a rebound, you don't have to wait for ARK's new ETF to get in on the positive returns. Here arethree growth stocksWood owns that are active in crypto's adoption and stand to benefit.</p>\n<p>1. Robinhood: Derided as a meme stock, but it has a bright crypto future</p>\n<p>Despite being on the public markets for only a short time, upstart online brokerage<b>Robinhood Markets</b>(NASDAQ:HOOD)has made a splash. The first week saw whiplash-inducing volatility, with a disappointing debut, a massive rally that saw share prices more than double in a few trading days, and a correction-level price drop after the company announced a massive follow-on share offering. The app that contributed heavily to the meme-stock trend appears to be a meme stock itself.</p>\n<p>Robinhood's envious user growth has partly been due to its tremendous success among younger traders. At one point, the company disclosed that nearly 80% of its user base was under age 35, a highly coveted demographic for financial services firms as these investors have most of their earning and investing lives ahead of them.</p>\n<p>In addition to zero-commission trading, Robinhood's crypto capabilities helped the company win this demographic. Robinhood is in high-growth mode. The company disclosed that 2020 full-year revenue grew 245% over the prior year to $960 million. A significant portion of that growth was connected to cryptocurrency trading. The company followed that up with a massive first quarter that saw revenue increase 309% from the prior period to $522 million.</p>\n<p>Although Robinhood's opportunity is vast, there are increasing risks in its primary stock trading business. A series of high-profile operational failures -- including trading outages during the<b><a href=\"https://laohu8.com/S/GME\">GameStop</a></b>frenzy and data breaches -- have placed the brokerage in the crosshairs of the Securities and Exchange Commission.</p>\n<p>Additionally, its primary monetization model of payment for order flow is now being copied by incumbent brokers with larger asset bases, educational materials, and customer support. Robinhood's embrace of cryptocurrency functionality is quickly becoming the true differentiator versus traditional stock brokerage firms, and the company is wise to focus on building out its crypto functionality.</p>\n<p>2. <a href=\"https://laohu8.com/S/SQ\">Square</a>: Using Bitcoin to improve its flywheel</p>\n<p>The ARK Innovation ETF stock has sold off from recent highs, but you can't blame its stake in<b>Square</b>(NYSE:SQ). Shares of the digital payments company have advanced nearly 90% in the last year.</p>\n<p>Traditional banking continues to avoid cryptocurrency, which has created an opportunity forfinancial technology, aka fintech, companies. Square has been aggressive on this front, adding the ability to buy and sell Bitcoin in 2018 through its peer-to-peer financial network Cash App. Bitcoin has been instrumental is helpingCash App's flywheel effect, in which added services increase user engagement.</p>\n<p>In the short run, however, it could be Square's other business that powers the company higher. Last year Square's seller ecosystem was decimated by COVID-19. The company's host of card readers and POS systems are popular with smaller business owners like restaurants, coffee shops, nail salons, and bars, which bore the brunt of pandemic lockdowns.</p>\n<p>Despite that, Square was able to help its vendors quickly build out their online presence and grow card-not-present transactions. At year-end, seller gross payment volume (GPV) was flat despite significant headwinds. In the most recent quarter, GPV jumped 86% over the prior year, helping to power total revenue growth of 87% (minus Bitcoin).</p>\n<p>However, CEO Jack Dorsey has high expectations for Bitcoin, proclaiming it would be the world's \"single currency\" within 10 years in 2018. He continues to lead by helping to form the Crypto Council for Innovation with<b>Coinbase</b>(NASDAQ:COIN)and Fidelity. Square will be instrumental in increasing Bitcoin adoption.</p>\n<p>3. Coinbase: Looking to further institutional Bitcoin adoption</p>\n<p>Out of the three companies, Coinbase is more tethered to the underlying price of crypto. Coinbase operates multiple crypto-based currency exchanges, so it indirectly benefits from rising crypto prices, as it serves as a form of marketing for new users looking to trade. Directly, Coinbase uses percentage-based transaction fees, which benefit from higher revenue per transaction when crypto prices are higher.</p>\n<p>While crypto has been in a bear market lately, that isn't always a bad thing. As a broker, Coinbase also benefits from crypto crashes (at least short-term). Exchanges tend to do well whenever volatility is high, because fast-moving markets are the biggest driver of transactions. Although prices might be lower, transactions and engagement will increase from people looking to buy dips and \"paper-hands\" looking to lock in profits or prevent deeper losses.</p>\n<p>However, Coinbase is leading efforts to expand the cryptocurrency ecosystem and create more revenue sources than retail trading by increasing institutional adoption. Coinbase recently acquired Bison Trails, now known as Coinbase Cloud. TheIaaS platformallows institutions to quickly integrate blockchain infrastructure into their operations. As of the first quarter, Coinbase had more than 8,000 institutions on its platform that conducted 64% of its total trading volume.</p>\n<p>With that deep (and still growing) institutional userbase, it's likely Coinbase will be on the vanguard of Bitcoin adoption.</p>\n<p></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cathie Wood Loves These 3 Crypto Stocks</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\">\nCathie Wood Loves These 3 Crypto Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-13 10:48 GMT+8 <a href=https://www.fool.com/investing/2021/08/12/cathie-wood-loves-these-3-crypto-stocks/><strong>The motley fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nNow that the cryptocurrency bear market is ebbing, investors are looking for long-term investments.\nYou don't have to buy cryptocurrencies directly to benefit from the increased adoption ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/12/cathie-wood-loves-these-3-crypto-stocks/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HOOD":"Robinhood","COIN":"Coinbase Global, Inc."},"source_url":"https://www.fool.com/investing/2021/08/12/cathie-wood-loves-these-3-crypto-stocks/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188994673","content_text":"Key Points\n\nNow that the cryptocurrency bear market is ebbing, investors are looking for long-term investments.\nYou don't have to buy cryptocurrencies directly to benefit from the increased adoption underway.\n\nARK Invest CEO Cathie Wood seems to have taken the investing world by storm. In 2020, Wood's flagshipARK Innovation ETF(NYSEMKT:ARKK)outperformed the greater market by nearly 9x -- 149% versus 16% -- and earned her Bloomberg News designation as best stock picker that year.\nWith a focus on disruptive technology, it makes sense that ARK's exchange-traded funds would embrace crypto, but the strong conviction ARK's investments are showing to the sector is still a bit shocking. Last year, Wood assigned a$500,000 per coin price targetforBitcoin(CRYPTO: BTC), one of the most ambitious predictions on Wall Street! Unsurprisingly, ARK is well on its way to creating a Bitcoin-focused ETF.\nWith the crypto bear market starting to show a rebound, you don't have to wait for ARK's new ETF to get in on the positive returns. Here arethree growth stocksWood owns that are active in crypto's adoption and stand to benefit.\n1. Robinhood: Derided as a meme stock, but it has a bright crypto future\nDespite being on the public markets for only a short time, upstart online brokerageRobinhood Markets(NASDAQ:HOOD)has made a splash. The first week saw whiplash-inducing volatility, with a disappointing debut, a massive rally that saw share prices more than double in a few trading days, and a correction-level price drop after the company announced a massive follow-on share offering. The app that contributed heavily to the meme-stock trend appears to be a meme stock itself.\nRobinhood's envious user growth has partly been due to its tremendous success among younger traders. At one point, the company disclosed that nearly 80% of its user base was under age 35, a highly coveted demographic for financial services firms as these investors have most of their earning and investing lives ahead of them.\nIn addition to zero-commission trading, Robinhood's crypto capabilities helped the company win this demographic. Robinhood is in high-growth mode. The company disclosed that 2020 full-year revenue grew 245% over the prior year to $960 million. A significant portion of that growth was connected to cryptocurrency trading. The company followed that up with a massive first quarter that saw revenue increase 309% from the prior period to $522 million.\nAlthough Robinhood's opportunity is vast, there are increasing risks in its primary stock trading business. A series of high-profile operational failures -- including trading outages during theGameStopfrenzy and data breaches -- have placed the brokerage in the crosshairs of the Securities and Exchange Commission.\nAdditionally, its primary monetization model of payment for order flow is now being copied by incumbent brokers with larger asset bases, educational materials, and customer support. Robinhood's embrace of cryptocurrency functionality is quickly becoming the true differentiator versus traditional stock brokerage firms, and the company is wise to focus on building out its crypto functionality.\n2. Square: Using Bitcoin to improve its flywheel\nThe ARK Innovation ETF stock has sold off from recent highs, but you can't blame its stake inSquare(NYSE:SQ). Shares of the digital payments company have advanced nearly 90% in the last year.\nTraditional banking continues to avoid cryptocurrency, which has created an opportunity forfinancial technology, aka fintech, companies. Square has been aggressive on this front, adding the ability to buy and sell Bitcoin in 2018 through its peer-to-peer financial network Cash App. Bitcoin has been instrumental is helpingCash App's flywheel effect, in which added services increase user engagement.\nIn the short run, however, it could be Square's other business that powers the company higher. Last year Square's seller ecosystem was decimated by COVID-19. The company's host of card readers and POS systems are popular with smaller business owners like restaurants, coffee shops, nail salons, and bars, which bore the brunt of pandemic lockdowns.\nDespite that, Square was able to help its vendors quickly build out their online presence and grow card-not-present transactions. At year-end, seller gross payment volume (GPV) was flat despite significant headwinds. In the most recent quarter, GPV jumped 86% over the prior year, helping to power total revenue growth of 87% (minus Bitcoin).\nHowever, CEO Jack Dorsey has high expectations for Bitcoin, proclaiming it would be the world's \"single currency\" within 10 years in 2018. He continues to lead by helping to form the Crypto Council for Innovation withCoinbase(NASDAQ:COIN)and Fidelity. Square will be instrumental in increasing Bitcoin adoption.\n3. Coinbase: Looking to further institutional Bitcoin adoption\nOut of the three companies, Coinbase is more tethered to the underlying price of crypto. Coinbase operates multiple crypto-based currency exchanges, so it indirectly benefits from rising crypto prices, as it serves as a form of marketing for new users looking to trade. Directly, Coinbase uses percentage-based transaction fees, which benefit from higher revenue per transaction when crypto prices are higher.\nWhile crypto has been in a bear market lately, that isn't always a bad thing. As a broker, Coinbase also benefits from crypto crashes (at least short-term). Exchanges tend to do well whenever volatility is high, because fast-moving markets are the biggest driver of transactions. Although prices might be lower, transactions and engagement will increase from people looking to buy dips and \"paper-hands\" looking to lock in profits or prevent deeper losses.\nHowever, Coinbase is leading efforts to expand the cryptocurrency ecosystem and create more revenue sources than retail trading by increasing institutional adoption. Coinbase recently acquired Bison Trails, now known as Coinbase Cloud. TheIaaS platformallows institutions to quickly integrate blockchain infrastructure into their operations. As of the first quarter, Coinbase had more than 8,000 institutions on its platform that conducted 64% of its total trading volume.\nWith that deep (and still growing) institutional userbase, it's likely Coinbase will be on the vanguard of Bitcoin adoption.","news_type":1,"symbols_score_info":{"COIN":0.9,"ARKIU":0.9,"SQ":0.9,"HOOD":0.9}},"isVote":1,"tweetType":1,"viewCount":1858,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":895822082,"gmtCreate":1628734482546,"gmtModify":1676529836068,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/895822082","repostId":"1139316023","repostType":4,"repost":{"id":"1139316023","kind":"news","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":1628733063,"share":"https://ttm.financial/m/news/1139316023?lang=&edition=fundamental","pubTime":"2021-08-12 09:51","market":"us","language":"en","title":"Coinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar","url":"https://stock-news.laohu8.com/highlight/detail?id=1139316023","media":"Benzinga","summary":"US-based cryptocurrency exchange Coinbase Global, Inc. admitted that USD Coin (CRYPTO: USDC) — a sta","content":"<p>US-based cryptocurrency exchange <b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> </b>admitted that <b>USD Coin</b> (CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar.</p>\n<p><b>What Happened:</b> Following Circle's disclosure of USD Coin's assets last month, Coinbase walked back on its previous claims about the backing of the coin, admitting that it is not fully backed by United States dollars and editing its website.</p>\n<p>According to Bloomberg, the Coinbase website's page dedicated to USDC changed its description from \"backed by one US dollar,\" \"held in a bank account,\" to \"backed by one dollar or asset with equivalent fair value.\"</p>\n<p>Circle's report shows that about 61% of its tokens are backed by “cash and cash equivalents,” meaning cash and money market funds.</p>\n<p>Another 13% is backed by Yankee Certificates of Deposit issued by non-U.S. banks, U.S. Treasuries account for 12%, commercial paper accounts for 9%, while the rest is backed by municipal and corporate bonds.</p>\n<p><b>Why It's Important:</b> Those assets could experience losses and are less liquid than cash, which could cause trouble if customers ever tried to redeem the stablecoin en masse.</p>\n<p>Columbia Law School lecturer Lev Menand pointed out that \"you can’t market a product with falsities\" and claimed that failure to disclose this data constitutes a consumer protection violation.</p>\n<p>He highlighted that \"there’s a material difference and a huge amount of evidence that something backed by dollars held in a bank account is different than something backed by things like U.S. Treasuries or corporate paper.”</p>\n<p>He has gone as far as to suggest that this could be something that the Federal Trade Commission could investigate since it is tasked with taking action against “unfair or deceptive acts or practices.”</p>\n<p>The Centre Consortium — which manages USD Coin's reserves — publishes reserve audit reports. The March 2020 report stated that the coin’s reserves were held at federally insured U.S. depository institutions. But, in April 2020, it was changed to clarify that the reserves could also be held in “approved investments\" with no further detail.</p>\n<p><b>What Else:</b> Circle intends to go public later this year in a merger with a special purpose acquisition company at a $4.5 billion valuation.</p>\n<p>The payment company was purportedly investing in building its profits ahead of this operation and described investing its reserves as one of the “fundamentals of our financial model\" during an investor presentation.</p>\n<p>USD Coin's reserve closely resembles money-market mutual funds, but Circle does not pay a yield to investors, which is more than enough to make it worthwhile even when considering that it does not charge a management fee either.</p>\n<p>Last week's Circle's filing with the Securities and Exchange Commission reveals that the company earned about $3.2 million in the first quarter on the interest income from USD Coin’s reserves — worth about $11 billion at the end of March.</p>\n<p>The document also revealed that a percentage of the earnings was shared with Coinbase — as set by their contractual agreements — and that it earned about $14.1 million through its other activities.</p>\n<p><b>Price Action:</b> Despite this controversy, USD Coin's value did not unpeg from the United States dollar by press time, standing at $0.99.</p>\n<p>Coinbase stock closed at $278 and was trading 1.19% lower, at $275 after-hours.</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>Coinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar</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\">\nCoinbase Admits Its USDC Stablecoin Not Fully Backed By Dollar\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\">2021-08-12 09:51</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>US-based cryptocurrency exchange <b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a> </b>admitted that <b>USD Coin</b> (CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar.</p>\n<p><b>What Happened:</b> Following Circle's disclosure of USD Coin's assets last month, Coinbase walked back on its previous claims about the backing of the coin, admitting that it is not fully backed by United States dollars and editing its website.</p>\n<p>According to Bloomberg, the Coinbase website's page dedicated to USDC changed its description from \"backed by one US dollar,\" \"held in a bank account,\" to \"backed by one dollar or asset with equivalent fair value.\"</p>\n<p>Circle's report shows that about 61% of its tokens are backed by “cash and cash equivalents,” meaning cash and money market funds.</p>\n<p>Another 13% is backed by Yankee Certificates of Deposit issued by non-U.S. banks, U.S. Treasuries account for 12%, commercial paper accounts for 9%, while the rest is backed by municipal and corporate bonds.</p>\n<p><b>Why It's Important:</b> Those assets could experience losses and are less liquid than cash, which could cause trouble if customers ever tried to redeem the stablecoin en masse.</p>\n<p>Columbia Law School lecturer Lev Menand pointed out that \"you can’t market a product with falsities\" and claimed that failure to disclose this data constitutes a consumer protection violation.</p>\n<p>He highlighted that \"there’s a material difference and a huge amount of evidence that something backed by dollars held in a bank account is different than something backed by things like U.S. Treasuries or corporate paper.”</p>\n<p>He has gone as far as to suggest that this could be something that the Federal Trade Commission could investigate since it is tasked with taking action against “unfair or deceptive acts or practices.”</p>\n<p>The Centre Consortium — which manages USD Coin's reserves — publishes reserve audit reports. The March 2020 report stated that the coin’s reserves were held at federally insured U.S. depository institutions. But, in April 2020, it was changed to clarify that the reserves could also be held in “approved investments\" with no further detail.</p>\n<p><b>What Else:</b> Circle intends to go public later this year in a merger with a special purpose acquisition company at a $4.5 billion valuation.</p>\n<p>The payment company was purportedly investing in building its profits ahead of this operation and described investing its reserves as one of the “fundamentals of our financial model\" during an investor presentation.</p>\n<p>USD Coin's reserve closely resembles money-market mutual funds, but Circle does not pay a yield to investors, which is more than enough to make it worthwhile even when considering that it does not charge a management fee either.</p>\n<p>Last week's Circle's filing with the Securities and Exchange Commission reveals that the company earned about $3.2 million in the first quarter on the interest income from USD Coin’s reserves — worth about $11 billion at the end of March.</p>\n<p>The document also revealed that a percentage of the earnings was shared with Coinbase — as set by their contractual agreements — and that it earned about $14.1 million through its other activities.</p>\n<p><b>Price Action:</b> Despite this controversy, USD Coin's value did not unpeg from the United States dollar by press time, standing at $0.99.</p>\n<p>Coinbase stock closed at $278 and was trading 1.19% lower, at $275 after-hours.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"COIN":"Coinbase Global, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139316023","content_text":"US-based cryptocurrency exchange Coinbase Global, Inc. admitted that USD Coin (CRYPTO: USDC) — a stablecoin that it launched in collaboration with fintech firm Circle — is not fully backed by the United States dollar.\nWhat Happened: Following Circle's disclosure of USD Coin's assets last month, Coinbase walked back on its previous claims about the backing of the coin, admitting that it is not fully backed by United States dollars and editing its website.\nAccording to Bloomberg, the Coinbase website's page dedicated to USDC changed its description from \"backed by one US dollar,\" \"held in a bank account,\" to \"backed by one dollar or asset with equivalent fair value.\"\nCircle's report shows that about 61% of its tokens are backed by “cash and cash equivalents,” meaning cash and money market funds.\nAnother 13% is backed by Yankee Certificates of Deposit issued by non-U.S. banks, U.S. Treasuries account for 12%, commercial paper accounts for 9%, while the rest is backed by municipal and corporate bonds.\nWhy It's Important: Those assets could experience losses and are less liquid than cash, which could cause trouble if customers ever tried to redeem the stablecoin en masse.\nColumbia Law School lecturer Lev Menand pointed out that \"you can’t market a product with falsities\" and claimed that failure to disclose this data constitutes a consumer protection violation.\nHe highlighted that \"there’s a material difference and a huge amount of evidence that something backed by dollars held in a bank account is different than something backed by things like U.S. Treasuries or corporate paper.”\nHe has gone as far as to suggest that this could be something that the Federal Trade Commission could investigate since it is tasked with taking action against “unfair or deceptive acts or practices.”\nThe Centre Consortium — which manages USD Coin's reserves — publishes reserve audit reports. The March 2020 report stated that the coin’s reserves were held at federally insured U.S. depository institutions. But, in April 2020, it was changed to clarify that the reserves could also be held in “approved investments\" with no further detail.\nWhat Else: Circle intends to go public later this year in a merger with a special purpose acquisition company at a $4.5 billion valuation.\nThe payment company was purportedly investing in building its profits ahead of this operation and described investing its reserves as one of the “fundamentals of our financial model\" during an investor presentation.\nUSD Coin's reserve closely resembles money-market mutual funds, but Circle does not pay a yield to investors, which is more than enough to make it worthwhile even when considering that it does not charge a management fee either.\nLast week's Circle's filing with the Securities and Exchange Commission reveals that the company earned about $3.2 million in the first quarter on the interest income from USD Coin’s reserves — worth about $11 billion at the end of March.\nThe document also revealed that a percentage of the earnings was shared with Coinbase — as set by their contractual agreements — and that it earned about $14.1 million through its other activities.\nPrice Action: Despite this controversy, USD Coin's value did not unpeg from the United States dollar by press time, standing at $0.99.\nCoinbase stock closed at $278 and was trading 1.19% lower, at $275 after-hours.","news_type":1,"symbols_score_info":{"COIN":0.9}},"isVote":1,"tweetType":1,"viewCount":2680,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":896881878,"gmtCreate":1628569037794,"gmtModify":1703508284502,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/896881878","repostId":"1196813173","repostType":4,"isVote":1,"tweetType":1,"viewCount":2911,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":898442930,"gmtCreate":1628519178420,"gmtModify":1703507492043,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/898442930","repostId":"1141877175","repostType":4,"isVote":1,"tweetType":1,"viewCount":1817,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":891750655,"gmtCreate":1628433540877,"gmtModify":1703506195994,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/891750655","repostId":"2157901414","repostType":4,"repost":{"id":"2157901414","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":1628406621,"share":"https://ttm.financial/m/news/2157901414?lang=&edition=fundamental","pubTime":"2021-08-08 15:10","market":"fut","language":"en","title":"Saudi Aramco Q2 profit soars on higher prices, demand recovery","url":"https://stock-news.laohu8.com/highlight/detail?id=2157901414","media":"Reuters","summary":"DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold","content":"<p>DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.</p>\n<p>Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.</p>\n<p>Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.</p>\n<p>Net profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.</p>\n<p>Analysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.</p>\n<p>It declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.</p>\n<p>\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.</p>\n<p>Aramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.</p>\n<p>A consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.</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>Saudi Aramco Q2 profit soars on higher prices, demand recovery</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\">\nSaudi Aramco Q2 profit soars on higher prices, demand recovery\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\">2021-08-08 15:10</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.</p>\n<p>Aramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.</p>\n<p>Oil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.</p>\n<p>Net profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.</p>\n<p>Analysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.</p>\n<p>It declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.</p>\n<p>\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.</p>\n<p>Aramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.</p>\n<p>A consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2157901414","content_text":"DUBAI, Aug 8 (Reuters) - Saudi Arabian state oil producer Aramco on Sunday reported a near four-fold rise in second-quarter net profit, boosted by higher oil prices and a recovery on oil demand.\nAramco said its results were supported by the global easing of COVID-19 restrictions, vaccination campaigns, stimulus measures and accelerating economic activity in key markets.\nOil prices, boosted by output cuts made by OPEC and other oil producers, closed at $70.70 a barrel on Friday and has gained over 35% since the start of the year.\nNet profit rose to 95.47 billion riyals ($25.46 billion) for the quarter to June 30 from 24.62 billion riyals a year earlier.\nAnalysts had expected a net profit of $23.2 billion, according to the mean estimate from five analysts.\nIt declared a dividend of $18.8 billion in the second quarter, which will be paid in the third quarter.\n\"Our second quarter results reflect a strong rebound in worldwide energy demand and we are heading into the second half of 2021 more resilient and more flexible, as the global recovery gains momentum,\" Aramco CEO Amin Nasser said in a statement.\nAramco raised $6 billion in June with its first U.S. dollar-denominated sukuk sale, that was expected to help fund a large dividend that will mostly go to the government.\nA consortium including Washington DC-based EIG Global Energy Partners in June closed a deal to buy 49% of Aramco's pipelines business for $12.4 billion.","news_type":1,"symbols_score_info":{"CLmain":0.9,"QTWO":0.9,"QMmain":0.9}},"isVote":1,"tweetType":1,"viewCount":3035,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":893305264,"gmtCreate":1628235702558,"gmtModify":1703503679472,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"themes":[],"htmlText":"Nice $NIO all the way","listText":"Nice $NIO all the way","text":"Nice $NIO all the way","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":3,"repostSize":0,"link":"https://ttm.financial/post/893305264","repostId":"2157043272","repostType":4,"isVote":1,"tweetType":1,"viewCount":2646,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579748162894863","authorId":"3579748162894863","name":"YIPKF","avatar":"https://static.tigerbbs.com/cb307b178e826c212e864c04e7018162","crmLevel":11,"crmLevelSwitch":0,"authorIdStr":"3579748162894863","idStr":"3579748162894863"},"content":"Yes tgt li","text":"Yes tgt li","html":"Yes tgt li"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899988191,"gmtCreate":1628151856613,"gmtModify":1703502161545,"author":{"id":"3578443684993206","authorId":"3578443684993206","name":"jaytoo","avatar":"https://static.tigerbbs.com/3d129d76551159d240f87ea1511b4685","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3578443684993206","idStr":"3578443684993206"},"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/899988191","repostId":"2157438810","repostType":4,"repost":{"id":"2157438810","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":1628150267,"share":"https://ttm.financial/m/news/2157438810?lang=&edition=fundamental","pubTime":"2021-08-05 15:57","market":"sh","language":"en","title":"China stocks fall as constraining fears hit sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=2157438810","media":"Reuters","summary":"SHANGHAI, Aug 5 (Reuters) - China shares fell on Thursday, as investors took cues from state media r","content":"<p>SHANGHAI, Aug 5 (Reuters) - China shares fell on Thursday, as investors took cues from state media reports to dump online gaming companies, fertilizer producers and spirit makers, worried these sectors could be the next target of a government constraining.</p>\n<p>Risk appetite is also curbed by concerns over the fresh outbreak of COVID-19, as the delta variant spreads in the country.</p>\n<p>The blue-chip CSI300 index fell 0.6% to end at 4,948.67, while the Shanghai Composite Index lost 0.3% to 3,466.55.</p>\n<p>Online gaming stocks, which slumped on Tuesday after a state media report labelling the industry \"spiritual opium\", fell further, as official Securities Times called for healthy development of the sector.</p>\n<p>Gaming stocks including Perfect World , Youzu Interactive and Wuhu Sanqi Interactive Entertainment Network Technology all dropped.</p>\n<p>Investors also scrambled to exit chemicals makers such as Luxi Chemicals Group and Yunnan Yuntianhua Co</p>\n<p>on news that China is probing into chemical fertilizer companies over price gouging.</p>\n<p>Growth hormone stocks, including Changchun High & New Technology Industries and Anhui Anke Biotechnology (Group) Co tumbled, after state media issued a new warning that such products do damage to people's health.</p>\n<p>In addition, investors dumped spirit makers, including Kweichow Moutai Co and Luzhou Laojiao Co, as they were spooked by an article on the Ministry of Science & Technology's website that linked alcohol with some types of cancers.</p>\n<p>(Reporting by Shanghai Newsroom; Editing by Rashmi Aich)</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 stocks fall as constraining fears hit sentiment</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 stocks fall as constraining fears hit sentiment\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\">2021-08-05 15:57</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Aug 5 (Reuters) - China shares fell on Thursday, as investors took cues from state media reports to dump online gaming companies, fertilizer producers and spirit makers, worried these sectors could be the next target of a government constraining.</p>\n<p>Risk appetite is also curbed by concerns over the fresh outbreak of COVID-19, as the delta variant spreads in the country.</p>\n<p>The blue-chip CSI300 index fell 0.6% to end at 4,948.67, while the Shanghai Composite Index lost 0.3% to 3,466.55.</p>\n<p>Online gaming stocks, which slumped on Tuesday after a state media report labelling the industry \"spiritual opium\", fell further, as official Securities Times called for healthy development of the sector.</p>\n<p>Gaming stocks including Perfect World , Youzu Interactive and Wuhu Sanqi Interactive Entertainment Network Technology all dropped.</p>\n<p>Investors also scrambled to exit chemicals makers such as Luxi Chemicals Group and Yunnan Yuntianhua Co</p>\n<p>on news that China is probing into chemical fertilizer companies over price gouging.</p>\n<p>Growth hormone stocks, including Changchun High & New Technology Industries and Anhui Anke Biotechnology (Group) Co tumbled, after state media issued a new warning that such products do damage to people's health.</p>\n<p>In addition, investors dumped spirit makers, including Kweichow Moutai Co and Luzhou Laojiao Co, as they were spooked by an article on the Ministry of Science & Technology's website that linked alcohol with some types of cancers.</p>\n<p>(Reporting by Shanghai Newsroom; Editing by Rashmi Aich)</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":"2157438810","content_text":"SHANGHAI, Aug 5 (Reuters) - China shares fell on Thursday, as investors took cues from state media reports to dump online gaming companies, fertilizer producers and spirit makers, worried these sectors could be the next target of a government constraining.\nRisk appetite is also curbed by concerns over the fresh outbreak of COVID-19, as the delta variant spreads in the country.\nThe blue-chip CSI300 index fell 0.6% to end at 4,948.67, while the Shanghai Composite Index lost 0.3% to 3,466.55.\nOnline gaming stocks, which slumped on Tuesday after a state media report labelling the industry \"spiritual opium\", fell further, as official Securities Times called for healthy development of the sector.\nGaming stocks including Perfect World , Youzu Interactive and Wuhu Sanqi Interactive Entertainment Network Technology all dropped.\nInvestors also scrambled to exit chemicals makers such as Luxi Chemicals Group and Yunnan Yuntianhua Co\non news that China is probing into chemical fertilizer companies over price gouging.\nGrowth hormone stocks, including Changchun High & New Technology Industries and Anhui Anke Biotechnology (Group) Co tumbled, after state media issued a new warning that such products do damage to people's health.\nIn addition, investors dumped spirit makers, including Kweichow Moutai Co and Luzhou Laojiao Co, as they were spooked by an article on the Ministry of Science & Technology's website that linked alcohol with some types of cancers.\n(Reporting by Shanghai Newsroom; Editing by Rashmi Aich)","news_type":1,"symbols_score_info":{"399001":0.9,"399006":0.9,"000001.SH":0.9}},"isVote":1,"tweetType":1,"viewCount":2693,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}