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BarleyIce

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- BarleyIceBarleyIce
  ·2021-09-13
  Hehe
  非常抱歉，此主贴已删除
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- BarleyIceBarleyIce
  ·2021-09-11
  Hehehe
  One Small Step From Apple Could Mean A Giant Leap For GlobalStar
  Summary At first sight, Globalstar is just one more satellite communications play. Looking deeper,
  One Small Step From Apple Could Mean A Giant Leap For GlobalStar
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- BarleyIceBarleyIce
  ·2021-09-10
  K
  非常抱歉，此主贴已删除
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- BarleyIceBarleyIce
  ·2021-09-10
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  非常抱歉，此主贴已删除
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- BarleyIceBarleyIce
  ·2021-09-08
  Hehe
  El Salvador Becomes First Country to Adopt Bitcoin as National Currency
  Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Sa
  El Salvador Becomes First Country to Adopt Bitcoin as National Currency
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- BarleyIceBarleyIce
  ·2021-09-07
  Hehe
  SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake
  SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will f
  SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake
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- BarleyIceBarleyIce
  ·2021-09-06
  Ok
  非常抱歉，此主贴已删除
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- BarleyIceBarleyIce
  ·2021-09-03
  Wah
  非常抱歉，此主贴已删除
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- BarleyIceBarleyIce
  ·2021-09-02
  Hehe
  Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today
  Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockc
  Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today
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- BarleyIceBarleyIce
  ·2021-09-01
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  非常抱歉，此主贴已删除
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09:47","market":"us","language":"en","title":"One Small Step From Apple Could Mean A Giant Leap For GlobalStar","url":"https://stock-news.laohu8.com/highlight/detail?id=1127461097","media":"Seeking Alpha","summary":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, ","content":"<p><b>Summary</b></p>\n<ul>\n <li>At first sight, Globalstar is just one more satellite communications play.</li>\n <li>Looking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.</li>\n <li>Being selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.</li>\n <li>Even without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.</li>\n <li>Valuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed6c50a6d200b5d8c35f4d14498600c9\" tg-width=\"1536\" tg-height=\"864\" width=\"100%\" height=\"auto\"><span>metamorworks/iStock via Getty Images</span></p>\n<p>Globalstar's (GSAT) shares soared 40% on August 30 after a report by&nbsp;MacRumors&nbsp;which cited expert Apple (NASDAQ:AAPL) analyst&nbsp;Ming-Chi Kuo&nbsp;of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1bd859c3544ffd37de25d5bc8dfe3166\" tg-width=\"635\" tg-height=\"417\" width=\"100%\" height=\"auto\"><span>Data by YCharts</span></p>\n<p>Soon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should&nbsp;allow users to issue crash reports or text messages in areas without cellular coverage.</p>\n<p>Now, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.</p>\n<p><b>Reasons for Apple to choose Globalstar</b></p>\n<p>For most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.</p>\n<p>To have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of&nbsp;97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.</p>\n<p>Therefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.</p>\n<p>This blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.</p>\n<p>For investors, the&nbsp;Snapdragon X65&nbsp;will be released in the fall of&nbsp;2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.</p>\n<p><b>Globalstar's differentiation</b></p>\n<p>Thus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.</p>\n<p>Now, satellite communications is a huge industry, estimated at $56.01 billion&nbsp;in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&amp;T (T).</p>\n<p>Here, GlobalStar seems to be having some key strengths with respect to peers.</p>\n<p>According to the company's website, its&nbsp;strategically&nbsp;placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.</p>\n<p>Pursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1ab07af4d39eb03b1776e870748b773f\" tg-width=\"828\" tg-height=\"468\" width=\"100%\" height=\"auto\"><span>Source: globalstar.com</span></p>\n<p>Consequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than&nbsp;five billion mobile subscribers&nbsp;constantly move in and out of wireless coverage, representing a huge TAM.</p>\n<p>Bagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).</p>\n<p><b>The revenues</b></p>\n<p>Overall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.</p>\n<p>Looking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1e8b74a670c927d2d84f1751cfd4a148\" tg-width=\"498\" tg-height=\"457\" width=\"100%\" height=\"auto\"><span>Source: Seeking Alpha</span></p>\n<p>Interestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.</p>\n<p>Thinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at&nbsp;satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.</p>\n<p>As a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.</p>\n<p>A comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4be74c4a607fae52a664620ba3cf9d68\" tg-width=\"455\" tg-height=\"310\" width=\"100%\" height=\"auto\"><span>Source: Charts built through data from Seeking Alpha.</span></p>\n<p>Therefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.</p>\n<p>On the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.</p>\n<p>As of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional&nbsp;$37.5 million&nbsp;in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on&nbsp;June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had&nbsp;$313.4 million&nbsp;in long-term debt.</p>\n<p><b>Valuations and key takeaways</b></p>\n<p>As much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at&nbsp;10.1%&nbsp;from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.</p>\n<p>The company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.</p>\n<p>Furthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was&nbsp;-$0.01&nbsp;for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of&nbsp;20x. This signifies no buying opportunity based on fundamentals.</p>\n<p>The only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.</p>\n<p>This said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in&nbsp;high&nbsp;Price to Sales multiples of over 2000% with respect to the communications sector.</p>\n<p>Consequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event&nbsp;on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.</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>One Small Step From Apple Could Mean A Giant Leap For GlobalStar</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nOne Small Step From Apple Could Mean A Giant Leap For GlobalStar\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-11 09:47 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into...</p>\n\n<a href=\"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GSAT":"全球星"},"source_url":"https://seekingalpha.com/article/4454436-one-small-step-from-apple-could-mean-a-giant-leap-for-globalstar","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1127461097","content_text":"Summary\n\nAt first sight, Globalstar is just one more satellite communications play.\nLooking deeper, its Band n53, which offers secure and reliable connectivity in any environment, is now included into Qualcomm's latest 5G modems for smartphones.\nBeing selected by Apple could mean a lot for Globalstar in its strategy to boost and diversify revenues, as well as change the current loss-making status.\nEven without Apple, the company merits interest, but only as a long-term beneficiary of IoT amid fierce competition and ability to reduce debt.\nValuations are sky-high in light of all the news hitting the market and, it is better to wait for some concrete news at Apple's event next week before investing.\n\nmetamorworks/iStock via Getty Images\nGlobalstar's (GSAT) shares soared 40% on August 30 after a report by MacRumors which cited expert Apple (NASDAQ:AAPL) analyst Ming-Chi Kuo of TF International Securities, about iPhone 13 using satellite connectivity so that users can make calls and texts in areas without cellular coverage.\nData by YCharts\nSoon afterwards, there were some further clarification by Bloomberg specifying that those features aren't due soon, but rather for future iPhones and should allow users to issue crash reports or text messages in areas without cellular coverage.\nNow, for Apple to even consider adding any satellite-based feature to its global brand would mean a lot for Globalstar, but first, for investors, I make sense of it all.\nReasons for Apple to choose Globalstar\nFor most of us, our experience with satellite-based internet has meant poor or sometimes erratic connectivity, but these were mostly with the geostationary satellites located far above the earth's surface. Instead, the opportunities offered by Globalstar's Low Earth Orbit (\"LEO\") satellites are much better, especially in areas that don't have 4G or 5G cellular coverage.\nTo have an idea of the potential of LEO satellites, one can take a glance at Elon Musk’s SpaceX's (SPACE). These have been deployed at locations in the U.S and the U.K. with several customers already having signed up to the service. Bench-marking by Speedtest showed download speeds of 97.23 Mbps,or far superior than those for other traditional providers. This speed was lower than the 115.22 Mbps median speed for fixed broadband providers, but makes sense for \"disadvantaged locations\" where telcos find it uneconomical to lay down additional fiber or expand cellular coverage.\nTherefore, given the enormous potential of the blending between the iPhone and satellite connectivity, news about Apple using Globalstar's network only for emergency purposes seems more aimed at not alarming its telco partners with whom it has been working since decades.\nThis blending is made possible by Qualcomm's (NASDAQ:QCOM) inclusion of Globalstar's band n53 in its new 5G X65 modem. This should also expand the satellite operator's potential device ecosystem significantly to include smartphones, laptops and tablets.\nFor investors, the Snapdragon X65 will be released in the fall of 2022, most likely into next year’s iPhone. Better peak performance and other benefits should be there, but some will require carriers to upgrade their networks. On the other hand, with band n53, one can imagine the transformation of future mobility communications with a single operator plan anywhere in the world, without necessitating roaming, with no need to buy local SIM cards.\nGlobalstar's differentiation\nThus, this is not just about emergency calls or messaging and in a way, shows Globalstar's edge as a satellite network operator over telco's mobile network operations.\nNow, satellite communications is a huge industry, estimated at $56.01 billion in 2019 and expected to hit $99.58 billion by 2027, registering a CAGR of 9.2% from 2020 to 2027. Going deeper, there are several satellite operators and service providers, with Iridium (IRDM) and Orbcomm (ORBC). Other companies are involved in space technology like DISH Networks (DISH) and AT&T (T).\nHere, GlobalStar seems to be having some key strengths with respect to peers.\nAccording to the company's website, its strategically placed gateways offer local network access and national numbering plans as opposed to other LEO systems that require expensive international dialing for all calls. Also, Globalstar has a unique design which allows it to offer the most attractive local dialing and pricing plans to customers.\nPursuing further, Globalstar’s 24 ground stations also serve as a bridge between LEO satellites and traditional communications infrastructure on six continents, with coverage spanning across over 120 countries throughout the world. Furthermore, the second generation ground infrastructure is based on the Internet protocol multimedia subsystem (\"IMS\") protocol, which facilitates the use of IP (Internet Protocol) for packet communications over wireless or landline.\nSource: globalstar.com\nConsequently, Globalstar brings some attractive metrics for a behemoth like Apple looking to penetrate new markets. In this respect, according to a source, more than five billion mobile subscribers constantly move in and out of wireless coverage, representing a huge TAM.\nBagging a contract with Apple, even a partial one, or in partnership with another peer would increase the volume of new subscribers, which should in turn more than offset the current revenue impact from lower ARPU (Average Revenue per User).\nThe revenues\nOverall sales have gone down in the second quarter of 2021 compared to last year as higher revenue generated from subscriber equipment related to SPOT (the largest segment) was offset by lower service revenues. For investors, SPOT is a GPS tracking device that uses Globalstar's satellite network to provide text messaging and GPS tracking.\nLooking deeper, service revenue also decreased over the prior year's quarter due to fewer Duplex subscribers, with the decline expected to continue as Globalstar focuses resources on other revenue streams, like IoT-enabled devices. This is done in light of the shift in demand across the MSS (mobile satellite services) industry.\nSource: Seeking Alpha\nInterestingly, service revenues generated from commercial IoT subscribers increased 5% in the second quarter of 2021 driven by higher ARPU compared to the prior year's quarter. Additionally, IoT equipment sales were up significantly from the prior year period, which is a key indication of future service revenue growth.\nThinking aloud, lower ARPU for SPOT also points to competition, with Globalstar competing aggressively on price in the industrial, governmental and consumer markets. Looking at satellite phones and communication gadgets, some of the competitors include Garmin's (GRMN) InReach, Iridium Go and the Thuraya X5-Touch, which is a dual-SIM Android smartphone.\nAs a result, the company has to cut prices with its “competitively-priced service plans being lower than historic rates”. Therefore, SPOT revenues should continue to decline in the near term, with higher volumes of activations not being able to offset the effects of lower ARPU on sales.\nA comparison with rival Iridium shows contrasting revenue trends, with Globalstar being on a fluctuating trend since the end of 2019, coinciding with more competition.\nSource: Charts built through data from Seeking Alpha.\nTherefore, adopting a cautionary posture, a change in the revenue-generating model geared towards IoT may take time to execute, whereby sales figures could drop further. This may in turn lead to missing topline expectations during the third quarter results, causing the share price to dip. For this matter, as I had pointed out in my previousthesis, one of the risks in investing in Globalstar is its dependence on the fortunes of the oil and gas industry.\nOn the positive side, the company continues to reduce leverage, with less than $50 million of net first lien principal outstanding at the end of Q2-2021.\nAs of June 30, 2021, the company held $15.7 million and $51.0 million of cash and restricted cash respectively. Globalstar has received an additional $37.5 million in advance payment from a customer. The new payment is under \"substantially the same terms\" as a similar $37.5 million payment received on June 9. As with the other payment, Globalstar will use the new $37.5 million in proceeds to pay down indebtedness under its first-lien credit facility. In the last report, the company had $313.4 million in long-term debt.\nValuations and key takeaways\nAs much as 16% of revenues were derived from IoT in the first six months of 2021, up from 14% in the same period last year. Now, in a market growing at 10.1% from 2019 to 2025, there is a lot of scope, but it will also depend on Globalstar's ability to meaningfully identify, pursue and close large deals. This should contribute to further diversify its revenue base away from full Duplex.\nThe company has also performed successful field testing for remote monitoring in the alternative energy industry, which it expects to materialize into future sales, but without mentioning a timeline.\nFurthermore, this is a loss-making company with losses from operations having increased by $0.6 million during the second quarter of 2021 compared to last year. Earnings per share which was -$0.01 for the second quarter is expected to be the same in the third one. This compares to positive figures for the communications sector, which boasts forward Price to Earnings multiples of 20x. This signifies no buying opportunity based on fundamentals.\nThe only way Globalstar's loss status could change rapidly is commercialization of its n53 spectrum in the U.S. and other countries through presence in the iPhone ecosystem. A partnership with Apple will permit expansion of the satellite communications business, more effective utilization of network assets and enable Globalstar to leapfrog rivals. The fact that both companies work with Qualcomm is a positive for Globalstar.\nThis said, in absence of corporate announcements, Globalstar's stock has been surging amid ongoing speculation that its satellite communication technology may be included in Apple's new iPhone models, resulting in high Price to Sales multiples of over 2000% with respect to the communications sector.\nConsequently, for rational investors, it is preferable to wait for an update at the\"California Streaming\" event on September 14 before making a decision. In the meantime, the stock could drop to the $2 support level.","news_type":1},"isVote":1,"tweetType":1,"viewCount":615,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881992754,"gmtCreate":1631284115778,"gmtModify":1631888860720,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"K","listText":"K","text":"K","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/881992754","repostId":"2166373377","repostType":4,"isVote":1,"tweetType":1,"viewCount":485,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883323243,"gmtCreate":1631204135582,"gmtModify":1631888860722,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/883323243","repostId":"2166349857","repostType":4,"isVote":1,"tweetType":1,"viewCount":525,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880424843,"gmtCreate":1631074570682,"gmtModify":1631888860725,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":2,"repostSize":0,"link":"https://laohu8.com/post/880424843","repostId":"1198049367","repostType":4,"repost":{"id":"1198049367","kind":"news","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1631070960,"share":"https://www.laohu8.com/m/news/1198049367?lang=&edition=full","pubTime":"2021-09-08 11:16","market":"fut","language":"en","title":"El Salvador Becomes First Country to Adopt Bitcoin as National Currency","url":"https://stock-news.laohu8.com/highlight/detail?id=1198049367","media":"Tiger Newspress","summary":"Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Sa","content":"<p>Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national&nbsp;currency, but also took a series of measures to ensure that Bitcoin began to be used in the&nbsp;country:</p>\n<p>1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.</p>\n<p>2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.</p>\n<p>3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.</p>\n<p>There are many inspirations from this incident.</p>\n<p><b>1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.</b>Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.</p>\n<p><img src=\"https://static.tigerbbs.com/0f8b827ccde8b38d2f4957addc2076aa\" tg-width=\"326\" tg-height=\"160\" referrerpolicy=\"no-referrer\"></p>\n<p><b>2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?</b>El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.</p>\n<p><b>3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.</b>Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.</p>\n<p>The key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.</p>\n<p>In a word, bitcoin is more like gold than currency.</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>El Salvador Becomes First Country to Adopt Bitcoin as National Currency</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\">\nEl Salvador Becomes First Country to Adopt Bitcoin as National Currency\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2021-09-08 11:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national&nbsp;currency, but also took a series of measures to ensure that Bitcoin began to be used in the&nbsp;country:</p>\n<p>1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.</p>\n<p>2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.</p>\n<p>3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.</p>\n<p>There are many inspirations from this incident.</p>\n<p><b>1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.</b>Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.</p>\n<p><img src=\"https://static.tigerbbs.com/0f8b827ccde8b38d2f4957addc2076aa\" tg-width=\"326\" tg-height=\"160\" referrerpolicy=\"no-referrer\"></p>\n<p><b>2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?</b>El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.</p>\n<p><b>3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.</b>Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.</p>\n<p>The key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.</p>\n<p>In a word, bitcoin is more like gold than currency.</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":"1198049367","content_text":"Seven countries in the world use the US dollar as their sovereign currency, and one of them is El Salvador. This country with a population of just over 6.4 million today became the first country in the world to eat crabs. Not only declared Bitcoin as the national currency, but also took a series of measures to ensure that Bitcoin began to be used in the country:\n1. Release Bitcoin App in El Salvador. The app, called Chivo, is recharged with $30 in its wallet to encourage Salvadoran people to use it.\n2. As a sovereign country, it bought 400 bitcoins, and today, 150 bitcoins were added because of the flash collapse of bitcoin prices. These bitcoins are worth more than $20 million.\n3. More than 200 ATM machines have been deployed, and a series of application scenarios have been started in people's lives, including local McDonald's and Pizza Hut consumption.\nThere are many inspirations from this incident.\n1. Countries that use the US dollar as their sovereign currency do have the impulse to use Bitcoin, but more precisely, they have the impulse to get rid of the US dollar.Seven countries in the world use the US dollar as legal tender, namely El Salvador, Panama, Ecuador, Zimbabwe, East Timor and so on. Because these sovereign states do not have the power to print money, they can only rely on foreign reserves to meet government expenditure. According to the data of El Salvador's foreign reserves (below), the foreign reserves have almost halved since COVID-19, which is problematic. On the one hand, the United States will print more and more dollars, and the purchasing power of dollars will decline (inflation); On the other hand, El Salvador did not get extra dollars. This leaves countries like El Salvador in a very difficult economic situation under the flood of dollars. In fact, El Salvador doesn't have to launch Bitcoin, but mainly wants to get rid of the dollar. Hint: The internationalization of RMB should focus on these countries that use the US dollar as their sovereign currency but suffer from it.\n\n2. Who is behind the development and support of Bitcoin App and ATM in El Salvador?El Salvador is a poor country, but this time it launched an app to send $30 and more than 200 ATM machines. I don't think El Salvador's private technology companies have the ability to make a national wallet App and more than 200 ATM machines, while the government is even less capable. According to the Wall Street Journal, Salvadoran App downloads, which are not in Apple App Store or Google App Store, first appeared in Huawei App Store.\n3. Will Bitcoin further show its versatility because of El Salvador? On the contrary, this incident has exposed the shortcomings of Bitcoin.Today, El Salvador announced the use of Bitcoin, which not only did not push up the price of Bitcoin, but caused the price of Bitcoin to collapse by 17%. Whether the good news is exhausted or some people run away with good news, it shows once again that Bitcoin is too speculative. But that's not the point.\nThe key factor is the Bitcoin App in El Salvador. Bitcoin, as the virtual currency with the largest imagination space, is used beyond national boundaries. In fact, the core of Bitcoin launched by El Salvador is App under the control of the national government. In other words, if you want to use Bitcoin in El Salvador, you have to download this app (Chivo). Spending in El Salvador through this wallet App is no different from buying breakfast in China through WeChat wallet. Of course, you have to say that one bottom is Bitcoin and the other bottom is RMB, which is different. But for users, there is no difference. If Bitcoin can't be used beyond App (beyond national boundaries), its status as digital cash still can't be confirmed.\nIn a word, bitcoin is more like gold than currency.","news_type":1},"isVote":1,"tweetType":1,"viewCount":291,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880372105,"gmtCreate":1631023003207,"gmtModify":1631888860727,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/880372105","repostId":"1147326043","repostType":4,"repost":{"id":"1147326043","kind":"news","pubTimestamp":1631021905,"share":"https://www.laohu8.com/m/news/1147326043?lang=&edition=full","pubTime":"2021-09-07 21:38","market":"us","language":"en","title":"SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1147326043","media":"zerohedge","summary":"SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will f","content":"<p><b>SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom,</b>&nbsp;which will fork over billions in cash and a 4.5% stake in DT,<b>a package valued at roughly $7 billion.</b></p>\n<p>In a separate deal announced Monday, DT sold its Dutch business (named T-Mobile Netherlands) to a consortium of private equity buyers - the latest in a string of major deals in Europe - for $6.1 billion, giving the heavily leveraged German telecoms giant some badly needed cash.</p>\n<p>For SoftBank, the DT has always been a potential life raft, since CEO Tim Hoettges has made his desire to acquire full control of T-Mobile US - a $170 billion business that would give the German firm control of one of the major US networks - well known. Once completed, Monday's deal will bring DT's ownership of T-Mobile<b>to within a hair's breadth of 50%, increasing it by 5.3% to 48.4%.</b></p>\n<p>The complicated transaction involves DT exercising call options granted to it by SoftBank back in June 2020, while also reinvesting the cash from its sale of T-Mobile Netherlands. SoftBank Group will receive 225MM new Deutsche Telekom shares and some cash in exchange for Deutsche Telekom getting a total of 65MM T-Mobile US shares.<b>The options will enable DT to lock in an average price of $109, below last week's closing price of $136.</b>T-Mobile's shares have been the best-performing of the major carriers in the US over the past five years. At the price of $23.70 a share, SoftBank is paying a 12% premium to DT's last closing price for shares it has agreed to hold until at least 2024.</p>\n<p>Marcel Claure, SoftBank's lead executive on the deal, explained that dumping practically all of its \"residual\" T-Mobile stake will allow SoftBank to trade an investment whose value was largely capped (by the options it had granted to DT) in exchange for a stake in a fast-growing telecoms giant with a footprint in 12 European countries and a growing footprint in the US.</p>\n<p>Claure will also gain a seat on DT's board after the firm's next annual meeting.</p>\n<blockquote>\n \"I'm a big believer that Deutsche Telekom stock has material upside,\" Claure told a news briefing. He also highlighted the possibility of a collaboration in the area of digital payments, which SoftBank has a major footprint.\n</blockquote>\n<p>In a statement, DT CEO Hoettges said he was \"welcoming\" SoftBank as a \"strategic partner\".</p>\n<blockquote>\n \"This is a very attractive transaction for Deutsche Telekom and its shareholders to further benefit from the value creation potential in T-Mobile US and beyond,\" Hoettges said.\n</blockquote>\n<blockquote>\n \"But we are not just increasing our stake in T-Mobile US – we are welcoming SoftBank as a new key investor and strategic partner for Deutsche Telekom.\"\n</blockquote>\n<p>SoftBank shares surged in more than 9% in premarket trading on Tuesday, while shares of DT edged slightly higher.</p>\n<p>At least one analyst weighing in on the deal noted that forking over shares was a novel strategy for DT as it seeks to gain control of T-Mobile US.</p>\n<blockquote>\n Jefferies analyst Ulrich Rathe said increasing the T-Mobile US stake “had been stated management strategy”, but that “using Deutsche Telekom shares for that purpose comes as a surprise”.\n</blockquote>\n<p>After these last few months, the deal was a badly needed win for SoftBank and its shareholders. The best thing now for the Japanese telco conglomerate with a VC arm attached would be to focus on closing its next big deal: selling chip maker Arm to Nvidia. Masahiko Ishino, an analyst at Tokai Tokyo Research Institute, said<b>\"the best thing for [SoftBank's] stock would be for the planned sale of Arm to Nvidia to make progress\".</b></p>\n<p><img src=\"https://static.tigerbbs.com/12b73df5cdfb1698daa238f55ffa3af1\" tg-width=\"1123\" tg-height=\"592\" referrerpolicy=\"no-referrer\"></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>SoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoftBank Soars After Striking Deal With Deutsche Telekom For Badly Needed Cash, Shares In Exchange For T-Mobile Stake\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-07 21:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/technology/softbank-soars-after-striking-deal-deutsche-telekom-badly-needed-cash-shares-exchange-t?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will fork over billions in cash and a 4.5% stake in DT,a package valued at roughly $7 billion.\nIn a ...</p>\n\n<a href=\"https://www.zerohedge.com/technology/softbank-soars-after-striking-deal-deutsche-telekom-badly-needed-cash-shares-exchange-t?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SFTBY":"软银集团"},"source_url":"https://www.zerohedge.com/technology/softbank-soars-after-striking-deal-deutsche-telekom-badly-needed-cash-shares-exchange-t?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1147326043","content_text":"SoftBank has just been handed a new lifeline by German telecoms giant Deutsche Telekom, which will fork over billions in cash and a 4.5% stake in DT,a package valued at roughly $7 billion.\nIn a separate deal announced Monday, DT sold its Dutch business (named T-Mobile Netherlands) to a consortium of private equity buyers - the latest in a string of major deals in Europe - for $6.1 billion, giving the heavily leveraged German telecoms giant some badly needed cash.\nFor SoftBank, the DT has always been a potential life raft, since CEO Tim Hoettges has made his desire to acquire full control of T-Mobile US - a $170 billion business that would give the German firm control of one of the major US networks - well known. Once completed, Monday's deal will bring DT's ownership of T-Mobileto within a hair's breadth of 50%, increasing it by 5.3% to 48.4%.\nThe complicated transaction involves DT exercising call options granted to it by SoftBank back in June 2020, while also reinvesting the cash from its sale of T-Mobile Netherlands. SoftBank Group will receive 225MM new Deutsche Telekom shares and some cash in exchange for Deutsche Telekom getting a total of 65MM T-Mobile US shares.The options will enable DT to lock in an average price of $109, below last week's closing price of $136.T-Mobile's shares have been the best-performing of the major carriers in the US over the past five years. At the price of $23.70 a share, SoftBank is paying a 12% premium to DT's last closing price for shares it has agreed to hold until at least 2024.\nMarcel Claure, SoftBank's lead executive on the deal, explained that dumping practically all of its \"residual\" T-Mobile stake will allow SoftBank to trade an investment whose value was largely capped (by the options it had granted to DT) in exchange for a stake in a fast-growing telecoms giant with a footprint in 12 European countries and a growing footprint in the US.\nClaure will also gain a seat on DT's board after the firm's next annual meeting.\n\n \"I'm a big believer that Deutsche Telekom stock has material upside,\" Claure told a news briefing. He also highlighted the possibility of a collaboration in the area of digital payments, which SoftBank has a major footprint.\n\nIn a statement, DT CEO Hoettges said he was \"welcoming\" SoftBank as a \"strategic partner\".\n\n \"This is a very attractive transaction for Deutsche Telekom and its shareholders to further benefit from the value creation potential in T-Mobile US and beyond,\" Hoettges said.\n\n\n \"But we are not just increasing our stake in T-Mobile US – we are welcoming SoftBank as a new key investor and strategic partner for Deutsche Telekom.\"\n\nSoftBank shares surged in more than 9% in premarket trading on Tuesday, while shares of DT edged slightly higher.\nAt least one analyst weighing in on the deal noted that forking over shares was a novel strategy for DT as it seeks to gain control of T-Mobile US.\n\n Jefferies analyst Ulrich Rathe said increasing the T-Mobile US stake “had been stated management strategy”, but that “using Deutsche Telekom shares for that purpose comes as a surprise”.\n\nAfter these last few months, the deal was a badly needed win for SoftBank and its shareholders. The best thing now for the Japanese telco conglomerate with a VC arm attached would be to focus on closing its next big deal: selling chip maker Arm to Nvidia. Masahiko Ishino, an analyst at Tokai Tokyo Research Institute, said\"the best thing for [SoftBank's] stock would be for the planned sale of Arm to Nvidia to make progress\".","news_type":1},"isVote":1,"tweetType":1,"viewCount":282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":817868229,"gmtCreate":1630932409761,"gmtModify":1631888860740,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/817868229","repostId":"1104055488","repostType":4,"isVote":1,"tweetType":1,"viewCount":605,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":815268910,"gmtCreate":1630681238930,"gmtModify":1631888860739,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Wah","listText":"Wah","text":"Wah","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/815268910","repostId":"2164877371","repostType":4,"isVote":1,"tweetType":1,"viewCount":445,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":812562344,"gmtCreate":1630595201988,"gmtModify":1631888860738,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/812562344","repostId":"2164282866","repostType":4,"repost":{"id":"2164282866","kind":"news","pubTimestamp":1630592570,"share":"https://www.laohu8.com/m/news/2164282866?lang=&edition=full","pubTime":"2021-09-02 22:22","market":"us","language":"en","title":"Why Bitcoin-Related And Ethereum-Related Stocks Are Moving Today","url":"https://stock-news.laohu8.com/highlight/detail?id=2164282866","media":"Benzinga","summary":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockc","content":"<p>Shares of crypto-related stocks, including <b><a href=\"https://laohu8.com/S/MARA\">Marathon Digital Holdings Inc</a></b> (NASDAQ: MARA), <b>Riot Blockchain Inc</b> (NASDAQ: RIOT) and <b><a href=\"https://laohu8.com/S/COIN\">Coinbase Global, Inc.</a></b> (NASDAQ: COIN) are trading higher amid an increase in the price of <b>Bitcoin</b> (CRYPTO: BTC) and <b>Ethereum </b>(CRYPTO: ETH).</p>\n<p>Bitcoin is trading 4.7% higher at around $49,965 Thursday morning.</p>\n<p>Ethereum is trading 6% higher at around $3,752 Thursday morning.</p>\n<p>Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.</p>\n<p>Marathon Digital is trading higher by 4.7% at $43.12 per share.</p>\n<p>Riot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.</p>\n<p>Riot Blockchain is trading higher by 3% at $37.61 per share.</p>\n<p>Coinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.</p>\n<p>Coinbase is trading higher by 2% at $271.15 per share.</p>","source":"yahoofinance","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 Bitcoin-Related And Ethereum-Related Stocks Are Moving Today</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 Bitcoin-Related And Ethereum-Related Stocks Are Moving Today\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-02 22:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase...</p>\n\n<a href=\"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIOT":"Riot Platforms","COIN":"Coinbase Global, Inc."},"source_url":"https://finance.yahoo.com/news/why-bitcoin-related-ethereum-related-113550305.html","is_english":true,"share_image_url":"https://static.laohu8.com/5f26f4a48f9cb3e29be4d71d3ba8c038","article_id":"2164282866","content_text":"Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA), Riot Blockchain Inc (NASDAQ: RIOT) and Coinbase Global, Inc. (NASDAQ: COIN) are trading higher amid an increase in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).\nBitcoin is trading 4.7% higher at around $49,965 Thursday morning.\nEthereum is trading 6% higher at around $3,752 Thursday morning.\nMarathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine digital assets. The company operates in the digital currency blockchain segment and its cryptocurrency machines are located in Canada.\nMarathon Digital is trading higher by 4.7% at $43.12 per share.\nRiot Blockchain is focused on building, supporting and operating blockchain technologies. The company's portfolio consists of Verady, Tesspay, Coinsquare and others.\nRiot Blockchain is trading higher by 3% at $37.61 per share.\nCoinbase Global, Inc. provides financial infrastructure and technology for the cryptoeconomy.\nCoinbase is trading higher by 2% at $271.15 per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":414,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":816686354,"gmtCreate":1630496392278,"gmtModify":1631888860745,"author":{"id":"3562802954762393","authorId":"3562802954762393","name":"BarleyIce","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3562802954762393","authorIdStr":"3562802954762393"},"themes":[],"htmlText":"Hehe","listText":"Hehe","text":"Hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/816686354","repostId":"2164949198","repostType":4,"isVote":1,"tweetType":1,"viewCount":366,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":false}