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PhilipLoo
PhilipLoo
·
2021-12-13
Wow
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PhilipLoo
PhilipLoo
·
2021-12-13
Good to read
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PhilipLoo
PhilipLoo
·
2021-12-13
Wow
US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week
The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to r
US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week
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PhilipLoo
PhilipLoo
·
2021-11-11
Nice
Affirm shares soared 30% in premarket trading
Affirm shares soared 30% in premarket trading.The company made an announcement, according to which i
Affirm shares soared 30% in premarket trading
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PhilipLoo
PhilipLoo
·
2021-11-07
Good article
US to Opec+: ‘This isn’t the end’ of effort to ease oil prices
Biden wants the cartel to pump more oil to bring down prices and keep the post-Covid economic recovery on course
US to Opec+: ‘This isn’t the end’ of effort to ease oil prices
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PhilipLoo
PhilipLoo
·
2021-11-04
Wow
5 Large-Cap Stocks Expected to Increase Sales 313% to 1,304% by 2023
These were some of the fastest-growing large-cap stocks on the planet over a three-year stretch.
5 Large-Cap Stocks Expected to Increase Sales 313% to 1,304% by 2023
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PhilipLoo
PhilipLoo
·
2021-11-02
Wow
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PhilipLoo
PhilipLoo
·
2021-10-28
Great
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PhilipLoo
PhilipLoo
·
2021-10-22
Yeah happy for it
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PhilipLoo
PhilipLoo
·
2021-10-18
Great
Crypto CEO: A viable central bank digital currency would have to be 'the law'
The year after Satoshi Nakamoto put out a white paper on a concept for a new peer-to-peer currency c
Crypto CEO: A viable central bank digital currency would have to be 'the law'
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Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.</p>\n<p><img src=\"https://static.tigerbbs.com/ead80e54642569e2b7b368c8d50dc265\" tg-width=\"1409\" tg-height=\"457\" referrerpolicy=\"no-referrer\"></p>","source":"lsy1619493174116","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>US IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS IPO Week Ahead: IoT solutions, wine, and satellites in a 3 IPO week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-12-12 11:44 GMT+8 <a href=https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week><strong>renaissancecap...</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.\nIoT solutions developerSamsara(IOT) plans to raise $753 million at an $11.6 ...</p>\n\n<a href=\"https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","IOT":"Samsara, Inc.","SIDU":"Sidus Space Inc.",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.renaissancecapital.com/IPO-Center/News/89474/US-IPO-Week-Ahead-IoT-solutions-wine-and-satellites-in-a-3-IPO-week","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1103250344","content_text":"The IPO market is expected to stay relatively quiet in the week ahead with three IPOs scheduled to raise $789 million.\nIoT solutions developerSamsara(IOT) plans to raise $753 million at an $11.6 billion market cap. This \"internet-of-things\" company provides a cloud-based platform that connects the assets of businesses with physical operations, enhancing operational efficiency and asset and employee productivity. Fast growing but highly unprofitable, Samsara saw double-digit growth for customers with $100k+ ARR in the 9mo FY22.\nWine brandFresh Vine Wine(VINE) plans to raise $21 million at a $116 million market cap. This celebrity-founded company produces low carb, low calorie premium wines. Growing but highly unprofitable, Fresh Vine sells its wines through wholesale, retail, and DTC channels, and is able to conduct wholesale distribution in all 50 states and Puerto Rico.\nMicro-cap satellite developerSidus Space(SIDU) plans to raise $15 million at an $81 million market cap. This company provides commercial satellite services such as design, manufacture, launch, and data collection. Sidus Space has generated space-related manufacturing revenues to date, but is highly unprofitable with negative gross margin in the 9mo21.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1022,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":870288443,"gmtCreate":1636622337489,"gmtModify":1636622943135,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Nice","listText":"Nice","text":"Nice","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/870288443","repostId":"1126919960","repostType":4,"repost":{"id":"1126919960","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":1636621686,"share":"https://www.laohu8.com/m/news/1126919960?lang=&edition=full","pubTime":"2021-11-11 17:08","market":"us","language":"en","title":"Affirm shares soared 30% in premarket trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1126919960","media":"Tiger Newspress","summary":"Affirm shares soared 30% in premarket trading.The company made an announcement, according to which i","content":"<p>Affirm shares soared 30% in premarket trading.<img src=\"https://static.tigerbbs.com/aa897d31527bb311cee010b8cf672802\" tg-width=\"888\" tg-height=\"614\" width=\"100%\" height=\"auto\">The company made an announcement, according to which it has expanded its relationship with Amazon to serve as Amazon's only third-party, non-credit card, buy now, pay later option in the U.S. Affirm will generally be available for all eligible purchases of >$50 on Amazon.com and the Amazon shopping app in the U.S, with consumers having the option to split the total cost of eligible purchases into monthly payments at checkout.</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>Affirm shares soared 30% in premarket trading</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\">\nAffirm shares soared 30% in premarket trading\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\">2021-11-11 17:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Affirm shares soared 30% in premarket trading.<img src=\"https://static.tigerbbs.com/aa897d31527bb311cee010b8cf672802\" tg-width=\"888\" tg-height=\"614\" width=\"100%\" height=\"auto\">The company made an announcement, according to which it has expanded its relationship with Amazon to serve as Amazon's only third-party, non-credit card, buy now, pay later option in the U.S. Affirm will generally be available for all eligible purchases of >$50 on Amazon.com and the Amazon shopping app in the U.S, with consumers having the option to split the total cost of eligible purchases into monthly payments at checkout.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AFRM":"Affirm Holdings, Inc."},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1126919960","content_text":"Affirm shares soared 30% in premarket trading.The company made an announcement, according to which it has expanded its relationship with Amazon to serve as Amazon's only third-party, non-credit card, buy now, pay later option in the U.S. Affirm will generally be available for all eligible purchases of >$50 on Amazon.com and the Amazon shopping app in the U.S, with consumers having the option to split the total cost of eligible purchases into monthly payments at checkout.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1324,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":845118094,"gmtCreate":1636300360625,"gmtModify":1636300360887,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Good article","listText":"Good article","text":"Good article","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":4,"repostSize":0,"link":"https://laohu8.com/post/845118094","repostId":"2181409167","repostType":4,"repost":{"id":"2181409167","kind":"news","pubTimestamp":1636262820,"share":"https://www.laohu8.com/m/news/2181409167?lang=&edition=full","pubTime":"2021-11-07 13:27","market":"fut","language":"en","title":"US to Opec+: ‘This isn’t the end’ of effort to ease oil prices","url":"https://stock-news.laohu8.com/highlight/detail?id=2181409167","media":"BusinessDay","summary":"Biden wants the cartel to pump more oil to bring down prices and keep the post-Covid economic recovery on course","content":"<div>\n<p>The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t...</p>\n\n<a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">Web Link</a>\n\n</div>\n","source":"businessday_stock","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>US to Opec+: ‘This isn’t the end’ of effort to ease oil prices</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\">\nUS to Opec+: ‘This isn’t the end’ of effort to ease oil prices\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-07 13:27 GMT+8 <a href=https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/><strong>BusinessDay</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t...</p>\n\n<a href=\"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.businesslive.co.za/bt/business-and-economy/2021-11-07-us-to-opec-this-isnt-the-end-of-effort-to-ease-oil-prices/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2181409167","content_text":"The US warned this week that Opec+ is at risk of impairing the world’s economic recovery by failing to put more oil into the global market, signalling that its efforts to ease high crude prices aren’t over.Hours after Saudi Arabia and its allies in Opec+ — the 14 members of the Organisation of Petroleum Exporting Countries plus 10 non-members, including Russia — approved a 400,000 barrel-a-day output hike for December, the White House reiterated that it will consider “the full range of tools” to protect the economy.Other major consumers also say the Opec+ decision, at a meeting of the cartel this week, is not enough to sustain the post-Covid economic recovery, with the US asking for as much as double that amount. “They have the capacity and the power now to act and make sure this critical moment of global recovery is not impaired,” White House spokesperson Karine Jean-Pierre said.The US operates in “a competitive free market system”, she said, and Opec+ “is what impacts global oil prices, which is what has an effect on gas [petrol] prices at home”.","news_type":1},"isVote":1,"tweetType":1,"viewCount":704,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":846988266,"gmtCreate":1636039603976,"gmtModify":1636039604223,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/846988266","repostId":"1144131531","repostType":4,"repost":{"id":"1144131531","kind":"news","pubTimestamp":1636022596,"share":"https://www.laohu8.com/m/news/1144131531?lang=&edition=full","pubTime":"2021-11-04 18:43","market":"us","language":"en","title":"5 Large-Cap Stocks Expected to Increase Sales 313% to 1,304% by 2023","url":"https://stock-news.laohu8.com/highlight/detail?id=1144131531","media":"Motley Fool","summary":"These were some of the fastest-growing large-cap stocks on the planet over a three-year stretch.","content":"<p><b>Key Points</b></p>\n<ul>\n <li>Be careful: Sales growth alone doesn't always give you the full story about a company.</li>\n</ul>\n<p>Since the Great Recession ended in 2009, no group of companies has performed better than growth stocks. Historically low lending rates and the Federal Reserve's insistence on using quantitative-easing measures to keep rates low has led to abundant access to cheap capital.</p>\n<p>And it's not just small-cap stocks that are leaving a fiery trail of growth in their wake. According to consensus sales estimates from Wall Street, the following five large-cap stocks(companies with market caps of at least $10 billion) are all on pace to grow their annual sales by 313% to as much as 1,304% by 2023.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ddae655c5dfcf584e1db5b561b7b2051\" tg-width=\"2000\" tg-height=\"1529\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Nio: 447% implied sales growth by 2023</b></p>\n<p>Electric-vehicle(EV) manufacturers should be some of the fastest-growing companies of the decade, and <b>Nio</b>(NYSE:NIO) is no exception. After the company produced $2.58 billion in sales last year, Wall Street's forecast calls for Nio to drive home roughly $14.1 billion in annual sales by 2023.</p>\n<p>It's no secret that virtually all of the largest economies in the world are taking steps to fight climate change. Pushing consumers and enterprises to shift to EVs is one of the easiest ways to reduce carbon emissions. Nio is headquartered in the largest auto market in the world, China, which should see half of its annual vehicle sales be EVs or hybrids (mostly the former) by 2035, according to the Society of Automotive Engineers of China.</p>\n<p>Nio's rapid sales growth is being driven by its innovation. The company is introducing a new EV each year -- and its high-margin, loyalty-driven subscription program. Last year, it introduced a battery-as-a-service subscription program that'll allow buyers to upgrade or replace their batteries. This service also reduces the upfront cost of Nio's EVs.</p>\n<p>In exchange for giving up near-term sales, Nio is receiving high-margin monthly subscription revenue. More importantly, it's keeping buyers loyal to the brand.</p>\n<p>Assuming the auto industry can overcome recent chip shortages, Nio shouldn't have any trouble expanding its capacity and more than quintupling its sales in three years.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/6a0952a9abfc3d69f1c7af0861a2d97b\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Snowflake: 401% implied sales growth by 2023</b></p>\n<p>Although double-digit sales growth is commonplace among cloud stocks, cloud data-warehousing company <b>Snowflake</b>(NYSE:SNOW) seems to be in a league of its own. In fiscal 2021, Snowflake brought in about $592 million in sales. By fiscal 2024, which ends in calendar year 2023, Wall Street is looking for Snowflake to generate almost $2.97 billion in revenue. That's a quintupling in sales, for those of you keeping score at home.</p>\n<p>The Snowflake growth story is all about competitive advantages. For example, instead of opting for the popular subscription-based model, Snowflake charges its customers based on how much data they store and how many Snowflake Compute Credits used. This is a more transparent cost approach that its customers seem to like.</p>\n<p>Further, Snowflake's infrastructure is built atop the leading cloud-infrastructure service providers. This helps the company's clients work around data-sharing barriers that might otherwise exist between competing cloud platforms.</p>\n<p>The big question is whether Snowflake can support its nosebleed valuation of 94 times projected fiscal 2022 sales, with profitability still a long way off. To that end, I'm not so sure -- but Ihave been proven wrong, thus far.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/537b181fc66378021049916184ef4425\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Sea Limited: 322% implied sales growth by 2023</b></p>\n<p>Another large-cap stock with big-time sales-growth expectations is Singapore-based <b>Sea Limited</b>(NYSE:SE). Sea reported $4.38 billion in sales last year. Come 2023, Wall Street is expecting roughly $18.5 billion in full-year revenue.</p>\n<p>Sea's not-so-secret key to success is its diversified trio of high-growth segments. First, there's digital entertainment, which is the only one generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA). Sea ended June with 725 million quarterly active mobile gamers, 12.7% of which were paying to play. This conversion rate is significantly higher than the industry average.</p>\n<p>The company's most exciting segment is e-commerce platform Shopee, which has consistently been the most-downloaded shopping app in Southeastern Asia and has seen rapid growth in Brazil. To offer some context as to how quickly Shopee is growing, the gross merchandise value (GMV) transacted in the second quarter was $15 billion. Meanwhile, only $10 billion in GMV was registered on Shopee in all of 2018.</p>\n<p>Lastly, Sea's nascent digital-wallet services segment is growing rapidly. The company is nearing 33 million paying mobile-wallet users. With Sea focusing on numerous underbanked regions, this digital financial-services segment could be a sneaky strong growth driver for years to come.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2d05a27ae059e7e27dd31e695de449b2\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>AMC Entertainment: 313% implied sales growth by 2023</b></p>\n<p>Sometimes, sales growth alone doesn't give investors the full picture. For instance,movie-theater stock <b>AMC Entertainment</b>(NYSE:AMC) is slated to grow its sales from $1.24 billion in 2020 to an estimated $5.22 billion by 2023. However, the pandemic ravaged AMC and forced many of its theaters to temporarily close. This $5.22 billion estimate for 2023 still represents a decline from the $5.47 billion in sales recorded in 2019, the year prior to the pandemic.</p>\n<p>Whether it's industry or company specific,nothing seems to be working in AMC's favor. The movie-theater industry has been mired in a 19-year decline, with inflation-adjusted box-office gross sales falling 22% between 2002 and 2019.</p>\n<p>Even though AMC has been able to secure some exclusivity agreements with major studios, these agreements range from 30 to 45 days. Prior to the pandemic, theatrical exclusivity extended 75 to 90 days. There's no question that AMC has lost its bargaining power to studios, or that streaming is eating into its margins.</p>\n<p>As for the company, it's unlikely to be profitable any time before 2024, and the math simply doesn't check out as to how it'll eventually pay back its $5.4 billion in outstanding debt, $420 million in deferred rent, and nearly $4.9 billion in long-term lease liabilities. With weekly box-office gross sales consistently down double digits from 2019, there's little doubt AMC will continue to burn through its remaining cash.</p>\n<p>Even with \"rapid sales growth,\" some companies should be avoided like the plague.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/b5fc13611f3bbe728494e0ef9d530643\" tg-width=\"2000\" tg-height=\"1334\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Moderna: 1,304% implied sales growth by 2023</b></p>\n<p>The kingpin of sales growth on this list among large-cap companies is biotech-stock <b>Moderna</b>(NASDAQ:MRNA). In 2020, Moderna posted a little over $803 million in sales. By 2023, analysts expect this hot biotech stock to yield $11.28 billion in revenue. That's a better than 1,300% expected sales increase.</p>\n<p>Chances are you're familiar with the Moderna name because of its success on the coronavirus disease 2019 (COVID-19) vaccine front. The company's vaccine, mRNA-1273, demonstrated 94% vaccine efficacy in a U.S. clinical trial released last November and has played a key role in inoculating adults in numerous developed markets.</p>\n<p>The big unknown for Moderna is what sort of legs mRNA-1273 will exhibit beyond 2021-2022. On one hand, variants of COVID-19 and the deterioration of vaccine efficacy over time suggests that booster shots may become a routine moving forward. This would offer Moderna a recurring revenue stream that it's never had before.</p>\n<p>On the other hand, new vaccines are set to enter the space, and innovation could threaten Moderna's grip as a top-two COVID-19 player. For example, if competitors bring combination vaccines to market (e.g., COVID-19/influenza), it could make mRNA-1273 a less-tantalizing option.</p>\n<p>Considering that Moderna's $141 billion market cap is based on a single therapeutic, there's a lot of risk built into this stock.</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>5 Large-Cap Stocks Expected to Increase Sales 313% to 1,304% by 2023</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\">\n5 Large-Cap Stocks Expected to Increase Sales 313% to 1,304% by 2023\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-11-04 18:43 GMT+8 <a href=https://www.fool.com/investing/2021/11/04/5-large-cap-stocks-increase-sales-313-to-1304/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Key Points\n\nBe careful: Sales growth alone doesn't always give you the full story about a company.\n\nSince the Great Recession ended in 2009, no group of companies has performed better than growth ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/11/04/5-large-cap-stocks-increase-sales-313-to-1304/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SNOW":"Snowflake","NIO":"蔚来","SE":"Sea Ltd","MRNA":"Moderna, Inc.","AMC":"AMC院线"},"source_url":"https://www.fool.com/investing/2021/11/04/5-large-cap-stocks-increase-sales-313-to-1304/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144131531","content_text":"Key Points\n\nBe careful: Sales growth alone doesn't always give you the full story about a company.\n\nSince the Great Recession ended in 2009, no group of companies has performed better than growth stocks. Historically low lending rates and the Federal Reserve's insistence on using quantitative-easing measures to keep rates low has led to abundant access to cheap capital.\nAnd it's not just small-cap stocks that are leaving a fiery trail of growth in their wake. According to consensus sales estimates from Wall Street, the following five large-cap stocks(companies with market caps of at least $10 billion) are all on pace to grow their annual sales by 313% to as much as 1,304% by 2023.\nIMAGE SOURCE: GETTY IMAGES.\nNio: 447% implied sales growth by 2023\nElectric-vehicle(EV) manufacturers should be some of the fastest-growing companies of the decade, and Nio(NYSE:NIO) is no exception. After the company produced $2.58 billion in sales last year, Wall Street's forecast calls for Nio to drive home roughly $14.1 billion in annual sales by 2023.\nIt's no secret that virtually all of the largest economies in the world are taking steps to fight climate change. Pushing consumers and enterprises to shift to EVs is one of the easiest ways to reduce carbon emissions. Nio is headquartered in the largest auto market in the world, China, which should see half of its annual vehicle sales be EVs or hybrids (mostly the former) by 2035, according to the Society of Automotive Engineers of China.\nNio's rapid sales growth is being driven by its innovation. The company is introducing a new EV each year -- and its high-margin, loyalty-driven subscription program. Last year, it introduced a battery-as-a-service subscription program that'll allow buyers to upgrade or replace their batteries. This service also reduces the upfront cost of Nio's EVs.\nIn exchange for giving up near-term sales, Nio is receiving high-margin monthly subscription revenue. More importantly, it's keeping buyers loyal to the brand.\nAssuming the auto industry can overcome recent chip shortages, Nio shouldn't have any trouble expanding its capacity and more than quintupling its sales in three years.\nIMAGE SOURCE: GETTY IMAGES.\nSnowflake: 401% implied sales growth by 2023\nAlthough double-digit sales growth is commonplace among cloud stocks, cloud data-warehousing company Snowflake(NYSE:SNOW) seems to be in a league of its own. In fiscal 2021, Snowflake brought in about $592 million in sales. By fiscal 2024, which ends in calendar year 2023, Wall Street is looking for Snowflake to generate almost $2.97 billion in revenue. That's a quintupling in sales, for those of you keeping score at home.\nThe Snowflake growth story is all about competitive advantages. For example, instead of opting for the popular subscription-based model, Snowflake charges its customers based on how much data they store and how many Snowflake Compute Credits used. This is a more transparent cost approach that its customers seem to like.\nFurther, Snowflake's infrastructure is built atop the leading cloud-infrastructure service providers. This helps the company's clients work around data-sharing barriers that might otherwise exist between competing cloud platforms.\nThe big question is whether Snowflake can support its nosebleed valuation of 94 times projected fiscal 2022 sales, with profitability still a long way off. To that end, I'm not so sure -- but Ihave been proven wrong, thus far.\nIMAGE SOURCE: GETTY IMAGES.\nSea Limited: 322% implied sales growth by 2023\nAnother large-cap stock with big-time sales-growth expectations is Singapore-based Sea Limited(NYSE:SE). Sea reported $4.38 billion in sales last year. Come 2023, Wall Street is expecting roughly $18.5 billion in full-year revenue.\nSea's not-so-secret key to success is its diversified trio of high-growth segments. First, there's digital entertainment, which is the only one generating positive earnings before interest, taxes, depreciation, and amortization (EBITDA). Sea ended June with 725 million quarterly active mobile gamers, 12.7% of which were paying to play. This conversion rate is significantly higher than the industry average.\nThe company's most exciting segment is e-commerce platform Shopee, which has consistently been the most-downloaded shopping app in Southeastern Asia and has seen rapid growth in Brazil. To offer some context as to how quickly Shopee is growing, the gross merchandise value (GMV) transacted in the second quarter was $15 billion. Meanwhile, only $10 billion in GMV was registered on Shopee in all of 2018.\nLastly, Sea's nascent digital-wallet services segment is growing rapidly. The company is nearing 33 million paying mobile-wallet users. With Sea focusing on numerous underbanked regions, this digital financial-services segment could be a sneaky strong growth driver for years to come.\nIMAGE SOURCE: GETTY IMAGES.\nAMC Entertainment: 313% implied sales growth by 2023\nSometimes, sales growth alone doesn't give investors the full picture. For instance,movie-theater stock AMC Entertainment(NYSE:AMC) is slated to grow its sales from $1.24 billion in 2020 to an estimated $5.22 billion by 2023. However, the pandemic ravaged AMC and forced many of its theaters to temporarily close. This $5.22 billion estimate for 2023 still represents a decline from the $5.47 billion in sales recorded in 2019, the year prior to the pandemic.\nWhether it's industry or company specific,nothing seems to be working in AMC's favor. The movie-theater industry has been mired in a 19-year decline, with inflation-adjusted box-office gross sales falling 22% between 2002 and 2019.\nEven though AMC has been able to secure some exclusivity agreements with major studios, these agreements range from 30 to 45 days. Prior to the pandemic, theatrical exclusivity extended 75 to 90 days. There's no question that AMC has lost its bargaining power to studios, or that streaming is eating into its margins.\nAs for the company, it's unlikely to be profitable any time before 2024, and the math simply doesn't check out as to how it'll eventually pay back its $5.4 billion in outstanding debt, $420 million in deferred rent, and nearly $4.9 billion in long-term lease liabilities. With weekly box-office gross sales consistently down double digits from 2019, there's little doubt AMC will continue to burn through its remaining cash.\nEven with \"rapid sales growth,\" some companies should be avoided like the plague.\nIMAGE SOURCE: GETTY IMAGES.\nModerna: 1,304% implied sales growth by 2023\nThe kingpin of sales growth on this list among large-cap companies is biotech-stock Moderna(NASDAQ:MRNA). In 2020, Moderna posted a little over $803 million in sales. By 2023, analysts expect this hot biotech stock to yield $11.28 billion in revenue. That's a better than 1,300% expected sales increase.\nChances are you're familiar with the Moderna name because of its success on the coronavirus disease 2019 (COVID-19) vaccine front. The company's vaccine, mRNA-1273, demonstrated 94% vaccine efficacy in a U.S. clinical trial released last November and has played a key role in inoculating adults in numerous developed markets.\nThe big unknown for Moderna is what sort of legs mRNA-1273 will exhibit beyond 2021-2022. On one hand, variants of COVID-19 and the deterioration of vaccine efficacy over time suggests that booster shots may become a routine moving forward. This would offer Moderna a recurring revenue stream that it's never had before.\nOn the other hand, new vaccines are set to enter the space, and innovation could threaten Moderna's grip as a top-two COVID-19 player. For example, if competitors bring combination vaccines to market (e.g., COVID-19/influenza), it could make mRNA-1273 a less-tantalizing option.\nConsidering that Moderna's $141 billion market cap is based on a single therapeutic, there's a lot of risk built into this stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":887,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":843458368,"gmtCreate":1635853244866,"gmtModify":1635853244952,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Wow","listText":"Wow","text":"Wow","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/843458368","repostId":"1167795347","repostType":4,"isVote":1,"tweetType":1,"viewCount":1576,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":855764963,"gmtCreate":1635403603077,"gmtModify":1635403603154,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://laohu8.com/post/855764963","repostId":"2178237269","repostType":4,"isVote":1,"tweetType":1,"viewCount":1282,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":851907973,"gmtCreate":1634862368740,"gmtModify":1634862369209,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Yeah happy for it","listText":"Yeah happy for it","text":"Yeah happy for it","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/851907973","repostId":"2177462128","repostType":4,"isVote":1,"tweetType":1,"viewCount":807,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":850938465,"gmtCreate":1634544443008,"gmtModify":1634544532705,"author":{"id":"4087194995399330","authorId":"4087194995399330","name":"PhilipLoo","avatar":"https://static.tigerbbs.com/63f3e4ea4e5cbcaf6e2c00e2639326ec","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4087194995399330","authorIdStr":"4087194995399330"},"themes":[],"htmlText":"Great","listText":"Great","text":"Great","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/850938465","repostId":"1165780149","repostType":4,"repost":{"id":"1165780149","kind":"news","pubTimestamp":1634542658,"share":"https://www.laohu8.com/m/news/1165780149?lang=&edition=full","pubTime":"2021-10-18 15:37","market":"us","language":"en","title":"Crypto CEO: A viable central bank digital currency would have to be 'the law'","url":"https://stock-news.laohu8.com/highlight/detail?id=1165780149","media":"Yahoo","summary":"The year after Satoshi Nakamoto put out a white paper on a concept for a new peer-to-peer currency c","content":"<p>The year after Satoshi Nakamoto put out a white paper on a concept for a new peer-to-peer currency called bitcoin (BTC-USD), Jonathan Dharmapalan realized that digital currencies are the future.</p>\n<p>The entrepreneur, a trained electrical engineer, spotted companies involved in electronic money flourishing all over, as people learned to transact electronically using apps and mobile phones. It occurred to him that governments around the world would eventually want to get in the game and create their own digital currencies.</p>\n<p>Dharmapalan is chief executive of eCurrency – a firm at the forefront of creating technology to execute acentral bank digital currency (CBDB), part of cryptocurrency's next frontier. His company has been advising the U.S. Treasury and the Federal Reserve for nearly a decade on how to create a CBDC.</p>\n<p>With investors ranging from Ray Dalio to Vikrim Pandit, Dharmapalan advises central banks around the world like the Banks of England and Jamaica, the latter having just launched its own central bank digital currency.</p>\n<p>As the Federal Reserve weighs whether to launch a CBDC with a forthcoming paper on the pros and cons of a digital dollar, Dharmapalan says designing a central bank digital currency depends on the existing legal framework.</p>\n<p>“Our perspective is that currency is the law,” Dharmapalan said in an interview with Yahoo Finance.</p>\n<p>“Every nation or monetary union has a foundational law that defines what their currency is. So if you’re thinking about a digital form of currency then the law must accommodate its existence,” the executive added.</p>\n<p>Under his interpretation, if the U.S. were to pursue a digital dollar, then Congress would have to authorize the Treasury and the Federal Reserve to issue and distribute it first.</p>\n<p><b>'Cook up a different set of rules'</b></p>\n<p>According to Dharmapalan, Treasury and the Fed have said a central bank digital currency would probably work in the same way paper money is created and issued, the thinking goes — though there’s no consensus within the U.S. government yet about how to go about doing it.</p>\n<p>Dharmapalan thinks the odds are the current law will be extended to apply to a digital form of the dollar and that the existing infrastructure should be used.</p>\n<p>“Could we cook up a different set of rules for digital currency? Maybe,” he suggested. “But the odds are we’ll rely on how currency has been defined in the past,” he added.</p>\n<p>Under the current currency system, the Treasury prints the money and hands it over to the Fed, which circulates the currency in the economy, leaning on banks – from Bank of America to local banks – to get cash into the hands of people.</p>\n<p>Likewise, with a digital dollar using the current system, Treasury would need to securely mint it, then hand it off to the Fed to circulate, mostly likely through commercial banks and other financial players. It would then float to people through digital ATMs or cards or smartphones.</p>\n<blockquote>\n If we want it to be ubiquitous, digital currency must be available through ATMs, cards, smartphones and anything new we can think of. Creating access to anyone is key. Jonathan Dharmapalan, CEO of eCurrency\n</blockquote>\n<p>A CBDC likely wouldn’t use blockchain or even a ledger: Dharmapalan says it would function like a physical dollar, which has no ledger. The Treasury would create a secured digital instrument that’s so cryptographically secured that it could float around digitally, where the value is contained in itself.</p>\n<p>Dharmapalan says the best way to think of it is as a photograph that can’t be counterfeited or changed. “If I’m holding a photo and I send it to you, once it’s sent then I don’t hold the photo anymore,” he says.</p>\n<p>Maintaining Americans’ privacy with a CBDC is key. The currency is secured through something called a cryptogram, that’s secured with multiple layers of cryptography — i.e. lots of public and private keys that enable high levels of security.</p>\n<p>While not impossible to duplicate, it would be very difficult, similar to paper bills. Physical currency has signatures from the Treasury Secretary and the Comptroller of the Currency, various colored threads, a reflective portion and a digital watermark make it difficult to counterfeit.</p>\n<p>“If we want it to be ubiquitous, digital currency must be available through ATMs, cards, smartphones and anything new we can think of. Creating access to anyone is key,” he explained.</p>\n<p>One way, Dharmapalan suggested, is creating accessibility via inexpensive smart cards that aren’t any more sophisticated than a transit card — so that everyone from school children to someone without a bank account can use them.</p>\n<p>The card could have a magnetic strip or smart chip and the person could just stick it into a machine to put money on it. Another option is putting Bluetooth on the cards so that people can bump cards, and send money directly to each other between cards.</p>\n<p>It also has to perform the same thing in all hands and have the ubiquity and the fungibility to settle debts between two parties instantaneously, by executing that value and moving it in the blink of an eye.</p>\n<p>“A $5 bill in my hand needs to buy the same thing that your $5 would buy,” he says. He added, “If you give me bananas and they’re $3.85, I should be able to give you $3.85 and then be able to walk away – it must exchange on a person to person basis. Right now, the only thing that works that way is paper bills and coins.”</p>\n<p>Unlike private cryptocurrencies like bitcoin, a U.S. central bank digital currency would be issued by and backed by the Fed, just as U.S. paper dollar bills and coins.</p>\n<p>Dharmapalan explained that Jamaica is a good model for the U.S. to follow. The government is in the process of creating new laws to authorize its central bank to issue a digital currency.</p>\n<p>The Bank of Jamaica minted its first batch of digital currency in August, which it is testing. Next, it will issue that batch to commercial banks, which will test with consumers before establishing new criteria by December. Officials are looking to the first quarter of 2022 for the national roll out.</p>\n<p>Initially, Jamaica’s virtual currency will be offered through an app on the phone, and citizens will access through a digital wallet.</p>\n<p>So how long it could take the U.S. to adopt a CBDC?</p>\n<p>Dharmapalan stated the technology is ready now, it’s just a matter of Congress and government agencies coalescing around a concept. Yet Fed officials are divided on whether to adopt a central bank digital currency.</p>\n<p>Advocates, including Fed Governor Lael Brainard, say a CBDC will help get relief payments to Americans and states hit with natural disasters faster, while also helping the unbanked. The Fed plans to launch the review by releasing a paper analyzing the issue and seeking public comment, but it is unlikely to include a firm policy recommendation.</p>","source":"yahoofinance_sg","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>Crypto CEO: A viable central bank digital currency would have to be 'the law'</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\">\nCrypto CEO: A viable central bank digital currency would have to be 'the law'\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-10-18 15:37 GMT+8 <a href=https://finance.yahoo.com/news/tech-ceo-a-central-bank-digital-currency-would-have-to-be-the-law-175027438.html><strong>Yahoo</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The year after Satoshi Nakamoto put out a white paper on a concept for a new peer-to-peer currency called bitcoin (BTC-USD), Jonathan Dharmapalan realized that digital currencies are the future.\nThe ...</p>\n\n<a href=\"https://finance.yahoo.com/news/tech-ceo-a-central-bank-digital-currency-would-have-to-be-the-law-175027438.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://finance.yahoo.com/news/tech-ceo-a-central-bank-digital-currency-would-have-to-be-the-law-175027438.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165780149","content_text":"The year after Satoshi Nakamoto put out a white paper on a concept for a new peer-to-peer currency called bitcoin (BTC-USD), Jonathan Dharmapalan realized that digital currencies are the future.\nThe entrepreneur, a trained electrical engineer, spotted companies involved in electronic money flourishing all over, as people learned to transact electronically using apps and mobile phones. It occurred to him that governments around the world would eventually want to get in the game and create their own digital currencies.\nDharmapalan is chief executive of eCurrency – a firm at the forefront of creating technology to execute acentral bank digital currency (CBDB), part of cryptocurrency's next frontier. His company has been advising the U.S. Treasury and the Federal Reserve for nearly a decade on how to create a CBDC.\nWith investors ranging from Ray Dalio to Vikrim Pandit, Dharmapalan advises central banks around the world like the Banks of England and Jamaica, the latter having just launched its own central bank digital currency.\nAs the Federal Reserve weighs whether to launch a CBDC with a forthcoming paper on the pros and cons of a digital dollar, Dharmapalan says designing a central bank digital currency depends on the existing legal framework.\n“Our perspective is that currency is the law,” Dharmapalan said in an interview with Yahoo Finance.\n“Every nation or monetary union has a foundational law that defines what their currency is. So if you’re thinking about a digital form of currency then the law must accommodate its existence,” the executive added.\nUnder his interpretation, if the U.S. were to pursue a digital dollar, then Congress would have to authorize the Treasury and the Federal Reserve to issue and distribute it first.\n'Cook up a different set of rules'\nAccording to Dharmapalan, Treasury and the Fed have said a central bank digital currency would probably work in the same way paper money is created and issued, the thinking goes — though there’s no consensus within the U.S. government yet about how to go about doing it.\nDharmapalan thinks the odds are the current law will be extended to apply to a digital form of the dollar and that the existing infrastructure should be used.\n“Could we cook up a different set of rules for digital currency? Maybe,” he suggested. “But the odds are we’ll rely on how currency has been defined in the past,” he added.\nUnder the current currency system, the Treasury prints the money and hands it over to the Fed, which circulates the currency in the economy, leaning on banks – from Bank of America to local banks – to get cash into the hands of people.\nLikewise, with a digital dollar using the current system, Treasury would need to securely mint it, then hand it off to the Fed to circulate, mostly likely through commercial banks and other financial players. It would then float to people through digital ATMs or cards or smartphones.\n\n If we want it to be ubiquitous, digital currency must be available through ATMs, cards, smartphones and anything new we can think of. Creating access to anyone is key. Jonathan Dharmapalan, CEO of eCurrency\n\nA CBDC likely wouldn’t use blockchain or even a ledger: Dharmapalan says it would function like a physical dollar, which has no ledger. The Treasury would create a secured digital instrument that’s so cryptographically secured that it could float around digitally, where the value is contained in itself.\nDharmapalan says the best way to think of it is as a photograph that can’t be counterfeited or changed. “If I’m holding a photo and I send it to you, once it’s sent then I don’t hold the photo anymore,” he says.\nMaintaining Americans’ privacy with a CBDC is key. The currency is secured through something called a cryptogram, that’s secured with multiple layers of cryptography — i.e. lots of public and private keys that enable high levels of security.\nWhile not impossible to duplicate, it would be very difficult, similar to paper bills. Physical currency has signatures from the Treasury Secretary and the Comptroller of the Currency, various colored threads, a reflective portion and a digital watermark make it difficult to counterfeit.\n“If we want it to be ubiquitous, digital currency must be available through ATMs, cards, smartphones and anything new we can think of. Creating access to anyone is key,” he explained.\nOne way, Dharmapalan suggested, is creating accessibility via inexpensive smart cards that aren’t any more sophisticated than a transit card — so that everyone from school children to someone without a bank account can use them.\nThe card could have a magnetic strip or smart chip and the person could just stick it into a machine to put money on it. Another option is putting Bluetooth on the cards so that people can bump cards, and send money directly to each other between cards.\nIt also has to perform the same thing in all hands and have the ubiquity and the fungibility to settle debts between two parties instantaneously, by executing that value and moving it in the blink of an eye.\n“A $5 bill in my hand needs to buy the same thing that your $5 would buy,” he says. He added, “If you give me bananas and they’re $3.85, I should be able to give you $3.85 and then be able to walk away – it must exchange on a person to person basis. Right now, the only thing that works that way is paper bills and coins.”\nUnlike private cryptocurrencies like bitcoin, a U.S. central bank digital currency would be issued by and backed by the Fed, just as U.S. paper dollar bills and coins.\nDharmapalan explained that Jamaica is a good model for the U.S. to follow. The government is in the process of creating new laws to authorize its central bank to issue a digital currency.\nThe Bank of Jamaica minted its first batch of digital currency in August, which it is testing. Next, it will issue that batch to commercial banks, which will test with consumers before establishing new criteria by December. Officials are looking to the first quarter of 2022 for the national roll out.\nInitially, Jamaica’s virtual currency will be offered through an app on the phone, and citizens will access through a digital wallet.\nSo how long it could take the U.S. to adopt a CBDC?\nDharmapalan stated the technology is ready now, it’s just a matter of Congress and government agencies coalescing around a concept. Yet Fed officials are divided on whether to adopt a central bank digital currency.\nAdvocates, including Fed Governor Lael Brainard, say a CBDC will help get relief payments to Americans and states hit with natural disasters faster, while also helping the unbanked. The Fed plans to launch the review by releasing a paper analyzing the issue and seeking public comment, but it is unlikely to include a firm policy recommendation.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1421,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"defaultTab":"following","isTTM":false}