Profile - To The Moon

Bmaiw102

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- Bmaiw102Bmaiw102
  ·2022-06-14
  Ok
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- Bmaiw102Bmaiw102
  ·2021-09-22
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- Bmaiw102Bmaiw102
  ·2021-09-21
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- Bmaiw102Bmaiw102
  ·2021-09-18
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- Bmaiw102Bmaiw102
  ·2021-09-14
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  Hong Kong shares end lower, dragged by property, financials and tech
  SHANGHAI, Sept 14 (Reuters) - Hong Kong shares closed lower on Tuesday, with real estate and financi
  Hong Kong shares end lower, dragged by property, financials and tech
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- Bmaiw102Bmaiw102
  ·2021-09-13
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  Cameco Stock and Uranium Prices Rise. Reddit Interest Is Growing.
  Uranium producer Cameco, and meme stocks GameStop and AMC Entertainment all made gains early on Mond
  Cameco Stock and Uranium Prices Rise. Reddit Interest Is Growing.
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- Bmaiw102Bmaiw102
  ·2021-09-11
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  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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- Bmaiw102Bmaiw102
  ·2021-09-10
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- Bmaiw102Bmaiw102
  ·2021-09-09
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- Bmaiw102Bmaiw102
  ·2021-09-08
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  Hedge Funds vs. Mutual Funds: What's Better?
  Hedge funds and mutual funds share several similarities and many differences. Read on to learn about both and which is the better investment option for you.
  Hedge Funds vs. Mutual Funds: What's Better?
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session.</p>\n<p>The Hang Seng index fell 1.2%, to 25,502.23, while the China Enterprises index lost 1.7%, to 9,081.73 points.</p>\n<p><a href=\"https://laohu8.com/S/03333\">China Evergrande Group</a> plunged nearly 12% to its lowest in more than six years, after it warned of a risk of cross-default as real estate sales continued to plunge.</p>\n<p>The developer's struggles to quickly sell off assets and avert defaults on its massive liabilities are raising the risk of contagion for other privately owned developers, fund managers and analysts said.</p>\n<p>The Hang Seng Property index and the Hang Seng Finance index dropped 2.2% and 1.5%, respectively.</p>\n<p>China Evergrande New Energy Vehicle Group and Evergrande Property Services Group tumbled 24.7% and 12.0%, respectively.</p>\n<p>Technology companies extended their losses from the previous session, and ended lower 1.4%.</p>\n<p>Bucking the trend, the healthcare sub-index finished up 1.5%, with constituent WuXi Biologics rising 1.8%, the third biggest daily gainer on the Hang Seng index.</p>\n<p>PetroChina Co extended its gains from the previous session and jumped 3.9% to be the biggest daily gainer on the Hang Seng as oil prices remained strong.</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>Hong Kong shares end lower, dragged by property, financials and tech</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; 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margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Kong shares end lower, dragged by property, financials and tech\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036604489\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/443ce19704621c837795676028cec868);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2021-09-14 16:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>SHANGHAI, Sept 14 (Reuters) - Hong Kong shares closed lower on Tuesday, with real estate and financial stocks falling after China's most indebted developer warned of a risk of a cross-default, while technology shares extended their losses from the previous session.</p>\n<p>The Hang Seng index fell 1.2%, to 25,502.23, while the China Enterprises index lost 1.7%, to 9,081.73 points.</p>\n<p><a href=\"https://laohu8.com/S/03333\">China Evergrande Group</a> plunged nearly 12% to its lowest in more than six years, after it warned of a risk of cross-default as real estate sales continued to plunge.</p>\n<p>The developer's struggles to quickly sell off assets and avert defaults on its massive liabilities are raising the risk of contagion for other privately owned developers, fund managers and analysts said.</p>\n<p>The Hang Seng Property index and the Hang Seng Finance index dropped 2.2% and 1.5%, respectively.</p>\n<p>China Evergrande New Energy Vehicle Group and Evergrande Property Services Group tumbled 24.7% and 12.0%, respectively.</p>\n<p>Technology companies extended their losses from the previous session, and ended lower 1.4%.</p>\n<p>Bucking the trend, the healthcare sub-index finished up 1.5%, with constituent WuXi Biologics rising 1.8%, the third biggest daily gainer on the Hang Seng index.</p>\n<p>PetroChina Co extended its gains from the previous session and jumped 3.9% to be the biggest daily gainer on the Hang Seng as oil prices remained strong.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HSCCI":"红筹指数","HSI":"恒生指数","HSCEI":"国企指数","HSTECH":"恒生科技指数"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2167537203","content_text":"SHANGHAI, Sept 14 (Reuters) - Hong Kong shares closed lower on Tuesday, with real estate and financial stocks falling after China's most indebted developer warned of a risk of a cross-default, while technology shares extended their losses from the previous session.\nThe Hang Seng index fell 1.2%, to 25,502.23, while the China Enterprises index lost 1.7%, to 9,081.73 points.\nChina Evergrande Group plunged nearly 12% to its lowest in more than six years, after it warned of a risk of cross-default as real estate sales continued to plunge.\nThe developer's struggles to quickly sell off assets and avert defaults on its massive liabilities are raising the risk of contagion for other privately owned developers, fund managers and analysts said.\nThe Hang Seng Property index and the Hang Seng Finance index dropped 2.2% and 1.5%, respectively.\nChina Evergrande New Energy Vehicle Group and Evergrande Property Services Group tumbled 24.7% and 12.0%, respectively.\nTechnology companies extended their losses from the previous session, and ended lower 1.4%.\nBucking the trend, the healthcare sub-index finished up 1.5%, with constituent WuXi Biologics rising 1.8%, the third biggest daily gainer on the Hang Seng index.\nPetroChina Co extended its gains from the previous session and jumped 3.9% to be the biggest daily gainer on the Hang Seng as oil prices remained strong.","news_type":1,"symbols_score_info":{"HSCCI":0.9,"HSCEI":0.9,"HSI":0.9,"HSTECH":0.9}},"isVote":1,"tweetType":1,"viewCount":2760,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":886061957,"gmtCreate":1631539698679,"gmtModify":1676530569692,"author":{"id":"3576847817239184","authorId":"3576847817239184","name":"Bmaiw102","avatar":"https://static.itradeup.com/news/30a37cf03e98de0ed30b396e888c23e4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576847817239184","authorIdStr":"3576847817239184"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/886061957","repostId":"1195159843","repostType":4,"repost":{"id":"1195159843","kind":"news","pubTimestamp":1631538110,"share":"https://ttm.financial/m/news/1195159843?lang=&edition=fundamental","pubTime":"2021-09-13 21:01","market":"us","language":"en","title":"Cameco Stock and Uranium Prices Rise. Reddit Interest Is Growing.","url":"https://stock-news.laohu8.com/highlight/detail?id=1195159843","media":"Barrons","summary":"Uranium producer Cameco, and meme stocks GameStop and AMC Entertainment all made gains early on Mond","content":"<p>Uranium producer Cameco, and meme stocks GameStop and AMC Entertainment all made gains early on Monday after generating interest on Reddit’s WallStreetBets forum.</p>\n<p>That is nothing new for longtime Reddit favorites GameStop (GME) and AMC (AMC), which climbed 1.6% and 2.7% in U.S. premarket trading.</p>\n<p></p>\n<p>Cameco (CCJ), however, the world’s largest publicly traded uranium company, is relatively new to the discussion boards. But there is news around the company and uranium, which is used to fuel nuclear energy.</p>\n<p>The stock, which has climbed 56% in just over three weeks amid a uranium price surge, was more than 4% higher in premarket trading.</p>\n<p>The&nbsp;Sprott Physical Uranium Trust, the world’s largest fund holding physical uranium, has been aggressively buying the metal since it launched in July, which has helped drive the price rally. The fund has accumulated close to 25 million pounds of uranium, buying 850,000 pounds in one day last week.</p>\n<p></p>\n<p>Uranium futures have climbed 40% to $42.40 in just under a month, according to FactSet data.</p>\n<p>In a 2019 report, the World Nuclear Association forecast a 26% increase in demand from 2020 to 2030.</p>\n<p>A renewed emphasis on climate change of late, following a number of extreme weather events across the world, has brought nuclear energy back into focus in recent months.</p>\n<p></p>\n<p>It has also caught the attention of retail investors and Reddit users, proving a popular topic on the WallStreetBets forum; another page titled ‘UraniumSqueeze’ currently has more than 13,000 members.</p>\n<p></p>\n<p></p>\n<p></p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Cameco Stock and Uranium Prices Rise. Reddit Interest Is Growing.</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\">\nCameco Stock and Uranium Prices Rise. Reddit Interest Is Growing.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-13 21:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/cameco-stock-and-uranium-prices-rise-51631537677?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Uranium producer Cameco, and meme stocks GameStop and AMC Entertainment all made gains early on Monday after generating interest on Reddit’s WallStreetBets forum.\nThat is nothing new for longtime ...</p>\n\n<a href=\"https://www.barrons.com/articles/cameco-stock-and-uranium-prices-rise-51631537677?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCJ":"Cameco Corp"},"source_url":"https://www.barrons.com/articles/cameco-stock-and-uranium-prices-rise-51631537677?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1195159843","content_text":"Uranium producer Cameco, and meme stocks GameStop and AMC Entertainment all made gains early on Monday after generating interest on Reddit’s WallStreetBets forum.\nThat is nothing new for longtime Reddit favorites GameStop (GME) and AMC (AMC), which climbed 1.6% and 2.7% in U.S. premarket trading.\n\nCameco (CCJ), however, the world’s largest publicly traded uranium company, is relatively new to the discussion boards. But there is news around the company and uranium, which is used to fuel nuclear energy.\nThe stock, which has climbed 56% in just over three weeks amid a uranium price surge, was more than 4% higher in premarket trading.\nThe Sprott Physical Uranium Trust, the world’s largest fund holding physical uranium, has been aggressively buying the metal since it launched in July, which has helped drive the price rally. The fund has accumulated close to 25 million pounds of uranium, buying 850,000 pounds in one day last week.\n\nUranium futures have climbed 40% to $42.40 in just under a month, according to FactSet data.\nIn a 2019 report, the World Nuclear Association forecast a 26% increase in demand from 2020 to 2030.\nA renewed emphasis on climate change of late, following a number of extreme weather events across the world, has brought nuclear energy back into focus in recent months.\n\nIt has also caught the attention of retail investors and Reddit users, proving a popular topic on the WallStreetBets forum; another page titled ‘UraniumSqueeze’ currently has more than 13,000 members.","news_type":1,"symbols_score_info":{"CCJ":0.9}},"isVote":1,"tweetType":1,"viewCount":2946,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881564632,"gmtCreate":1631366209926,"gmtModify":1676530536235,"author":{"id":"3576847817239184","authorId":"3576847817239184","name":"Bmaiw102","avatar":"https://static.itradeup.com/news/30a37cf03e98de0ed30b396e888c23e4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576847817239184","authorIdStr":"3576847817239184"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881564632","repostId":"1127461097","repostType":4,"repost":{"id":"1127461097","kind":"news","pubTimestamp":1631324868,"share":"https://ttm.financial/m/news/1127461097?lang=&edition=fundamental","pubTime":"2021-09-11 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; 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\">\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,"symbols_score_info":{"GSAT":0.9}},"isVote":1,"tweetType":1,"viewCount":3279,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":881988277,"gmtCreate":1631285316099,"gmtModify":1676530520632,"author":{"id":"3576847817239184","authorId":"3576847817239184","name":"Bmaiw102","avatar":"https://static.itradeup.com/news/30a37cf03e98de0ed30b396e888c23e4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576847817239184","authorIdStr":"3576847817239184"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/881988277","repostId":"2166902375","repostType":4,"isVote":1,"tweetType":1,"viewCount":3039,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":883012684,"gmtCreate":1631188509048,"gmtModify":1676530491210,"author":{"id":"3576847817239184","authorId":"3576847817239184","name":"Bmaiw102","avatar":"https://static.itradeup.com/news/30a37cf03e98de0ed30b396e888c23e4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576847817239184","authorIdStr":"3576847817239184"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/883012684","repostId":"2166310974","repostType":4,"isVote":1,"tweetType":1,"viewCount":2941,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880795197,"gmtCreate":1631079459619,"gmtModify":1676530461751,"author":{"id":"3576847817239184","authorId":"3576847817239184","name":"Bmaiw102","avatar":"https://static.itradeup.com/news/30a37cf03e98de0ed30b396e888c23e4","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3576847817239184","authorIdStr":"3576847817239184"},"themes":[],"htmlText":".","listText":".","text":".","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/880795197","repostId":"1145502609","repostType":4,"repost":{"id":"1145502609","kind":"news","pubTimestamp":1631078751,"share":"https://ttm.financial/m/news/1145502609?lang=&edition=fundamental","pubTime":"2021-09-08 13:25","market":"us","language":"en","title":"Hedge Funds vs. Mutual Funds: What's Better?","url":"https://stock-news.laohu8.com/highlight/detail?id=1145502609","media":"Motley Fool","summary":"Hedge funds and mutual funds share several similarities and many differences. Read on to learn about both and which is the better investment option for you.","content":"<p>Both hedge funds and mutual funds are investment products offering managed portfolios for investors, but that's about where the similarities end. Hedge funds target high-net-worth individuals and take on more complex and volatile trading strategies in an effort to produce positive returns for clients. Mutual funds are available to any investor, but they're more restricted in what they can trade. The main goal of a mutual fund manager is to outperform a benchmark index.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/33d3a2c2c02bf198b3b5a4ab76742e49\" tg-width=\"2000\" tg-height=\"1333\" width=\"100%\" height=\"auto\"><span>IMAGE SOURCE: GETTY IMAGES.</span></p>\n<p><b>Major takeaways</b></p>\n<p><b>Mutual funds:</b></p>\n<ul>\n <li>Pool money from all investors with minimum investments as low as $1.</li>\n <li>Regulated by the U.S. Securities and Exchange Commission (SEC).</li>\n <li>Available for trading every day the&nbsp;stock market&nbsp;is open.</li>\n <li>Usually buy and hold securities based on a specified strategy detailed in a prospectus.</li>\n <li>Charge a flat fee as a percentage of assets under management.</li>\n</ul>\n<p><b>Hedge funds:</b></p>\n<ul>\n <li>Pool money from accredited investors with a liquid net worth above $1 million or an annual income exceeding $200,000.</li>\n <li>Structured as general partnerships and not heavily regulated by the SEC.</li>\n <li>Limited windows to invest and withdraw funds.</li>\n <li>Use trading strategies including derivatives, shorting, and buying alternative assets.</li>\n <li>Charge fees based on performance as well as assets under management.</li>\n</ul>\n<p><b>What are mutual funds?</b></p>\n<p>A&nbsp;mutual fund&nbsp;is an easy way for individual investors to gain access to a managed portfolio of publicly traded securities such as&nbsp;stocks&nbsp;and&nbsp;bonds. Investors buy shares of a mutual fund, and their money gets pooled with other shareholders by the fund manager. The manager works to meet the objectives laid out in the prospectus, which will detail the benchmark&nbsp;index&nbsp;the manager's performance should be weighed against and the strategy they'll use to invest.</p>\n<p><b>Investment strategies</b></p>\n<p>Mutual funds are generally considered safer investments than hedge funds. That's because fund managers are limited in their ability to use riskier strategies such as leveraging their holdings, which can increase returns, but it also increases volatility.</p>\n<p>Mutual funds buy publicly traded securities based on the manager's criteria. Those criteria could be very specific like buying&nbsp;pharmaceutical stocks&nbsp;the manager thinks are undervalued based on certain metrics, or they could be very general like simply buying every stock in the&nbsp;<b>S&amp;P 500 index</b>. There's a wide range of strategies available to mutual fund investors, and the details are laid out for investors in the prospectus.</p>\n<p><b>Types of mutual funds</b></p>\n<p>There are a few different types of mutual funds investors should be aware of.</p>\n<ul>\n <li><b>Actively managed vs. passive funds.</b>Actively managed mutual funds&nbsp;are characterized by a fund manager who attempts to beat the fund's benchmark index by strategically buying and selling securities. Passive funds, or&nbsp;index funds, merely try to replicate the returns of the benchmark index by modeling a portfolio based on the index. Sometimes, the fund will just buy every security in the index.</li>\n <li><b>Open-ended vs. closed-ended funds.</b>Open-ended funds have no limit to the number of shares they can issue. Investors simply buy shares, and the fund manager takes new inflows and allocates them to the appropriate securities. Closed-ended funds have a limited number of shares, so the portfolio manager doesn't have to deal with inflows or outflows. In order to buy or sell shares, you have to find a buyer or seller on the open market.</li>\n <li><b>Load vs. no-load funds.</b>Funds with a load pay a commission to the broker who sells the investor the fund. The commission comes out of the investor's funds either at purchase (front-loaded) or at the sale of the mutual fund (back-loaded). No-load funds do not have such a commission.</li>\n</ul>\n<p><b>Who can invest?</b></p>\n<p>Mutual funds are available to every investor. Some funds may have a minimum investment ranging from $100 to $10,000 or more. More and more funds have no minimum investment these days.</p>\n<p><b>How mutual fund fees work</b></p>\n<p>Mutual funds charge a management fee, which typically ranges between 1% and 2% of assets under management. Index funds usually have much lower fees. Some broad-based index funds have fees close to&nbsp;0%.</p>\n<p>Note that the management fee is separate from the fees paid in loaded funds where the broker receives some of the investors' funds as well. The management fee goes directly to the mutual fund company, and it's paid annually.</p>\n<p><b>How are mutual funds regulated?</b></p>\n<p>Mutual funds must register with the SEC in order to sell shares publicly. The SEC enforces several regulations, including the Securities Act of 1933, which requires mutual funds to provide investors with certain information, including a description of the fund, information about management, and financial statements. The Investment Company Act of 1940 also requires mutual funds to provide details of their financial health and investment policies.</p>\n<p><b>What are hedge funds?</b></p>\n<p>A&nbsp;hedge fund&nbsp;is designed as a way for individual investors to gain access to the investment ideas and strategies of fund managers they believe have an edge on the market. Hedge funds are structured as general partnerships, and investors buy into the investment company directly as limited partners instead of buying publicly offered shares.</p>\n<p><b>Investment strategies</b></p>\n<p>Hedge funds aren't limited in the strategies they can use in order to produce positive and outsized returns for their investors. Hedge funds will use derivatives such as&nbsp;options&nbsp;and&nbsp;margin&nbsp;to gain leverage, and they maysell stocks short.</p>\n<p>Hedge funds are also able to invest in just about any market:cryptocurrency, private real estate, or vintage single malt scotch. These are strategies unavailable in mutual funds due to SEC regulations. They're also much riskier strategies than simply buying publicly traded securities.</p>\n<p><b>Who can invest?</b></p>\n<p>Hedge funds are only able to accept funds from accredited investors. The SEC defines an accredited investor as someone with a liquid net worth (home equity doesn't count) of $1 million or an annual income of $200,000 (or $300,000 with a spouse). The SEC believes that level of wealth makes an investor more sophisticated and better able to withstand the volatility and uncertainty associated with hedge funds.</p>\n<p>Hedge funds often have minimum investments of $1 million or more. They typically limit investment windows, and they can have minimum holding periods. They can also restrict when investors can withdraw. As such, hedge fund investors require a good amount of liquidity outside of their investment in the hedge fund.</p>\n<p><b>How hedge fund fees work</b></p>\n<p>Hedge funds charge two types of fees: management fees and performance fees. A management fee is similar to the management fee for a mutual fund. The fund charges anexpense ratio, typically 2%, that's taken out of the assets under management every year.</p>\n<p>The performance fee, as the name implies, is based on the fund's performance, and it's usually 20% of the gains. So, if the fund increases by 10% one year, the fund takes 20% of the gains (2% of the investment), and the rest stays invested with the fund. If the fund loses money, there's no performance fee, but the investors still have to pay the management fee.</p>\n<p>The most typical fee structure — a 2% management fee and a 20% performance fee — is known as 2-and-20.</p>\n<p><b>How are hedge funds regulated?</b></p>\n<p>Hedge funds only have to register with the SEC once they reach total assets under management of above $100 million. Beyond that, they must abide by Regulation D of the Securities Act of 1933 and limit their investors to accredited investors. That allows them to remain exempt from most reporting to the SEC and makes investing in a hedge fund much more opaque than investing in a mutual fund.</p>\n<p><b>Additional considerations</b></p>\n<p>Hedge funds have shown worsening performance over the past 15 years or so even as the U.S. stock market has been on a tear. In fact, in&nbsp;bull markets, mutual funds may provide better returns than hedge funds net of fees since alternative investment strategies fail to keep up with the stock market.</p>\n<p>That said, those strategies can be invaluable in&nbsp;bear markets. If the strategies have returns truly uncorrelated with U.S. stocks, they could provide positive returns as the stock market craters. That's when a hedge fund will really live up to its name.</p>\n<p>While hedge funds hold the promise of big returns supported by advanced trading strategies, they can go for long periods without producing the expected results. For patient investors, they could pay off.</p>\n<p>But perhaps the age when hedge funds could outperform the average investor is over. Today's technology makes it easier for retail investors to invest and use their own strategies, whether they're exceedingly simple or super complex. For most investors, a mutual fund will be able to meet all of their investing needs, but they're a bit more boring than hedge funds. But good investing is usually boring.</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>Hedge Funds vs. Mutual Funds: What's Better?</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\">\nHedge Funds vs. Mutual Funds: What's Better?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-08 13:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/how-to-invest/mutual-funds/hedge-fund-vs-mutual-fund/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Both hedge funds and mutual funds are investment products offering managed portfolios for investors, but that's about where the similarities end. Hedge funds target high-net-worth individuals and take...</p>\n\n<a href=\"https://www.fool.com/investing/how-to-invest/mutual-funds/hedge-fund-vs-mutual-fund/\">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",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"https://www.fool.com/investing/how-to-invest/mutual-funds/hedge-fund-vs-mutual-fund/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145502609","content_text":"Both hedge funds and mutual funds are investment products offering managed portfolios for investors, but that's about where the similarities end. Hedge funds target high-net-worth individuals and take on more complex and volatile trading strategies in an effort to produce positive returns for clients. Mutual funds are available to any investor, but they're more restricted in what they can trade. The main goal of a mutual fund manager is to outperform a benchmark index.\nIMAGE SOURCE: GETTY IMAGES.\nMajor takeaways\nMutual funds:\n\nPool money from all investors with minimum investments as low as $1.\nRegulated by the U.S. Securities and Exchange Commission (SEC).\nAvailable for trading every day the stock market is open.\nUsually buy and hold securities based on a specified strategy detailed in a prospectus.\nCharge a flat fee as a percentage of assets under management.\n\nHedge funds:\n\nPool money from accredited investors with a liquid net worth above $1 million or an annual income exceeding $200,000.\nStructured as general partnerships and not heavily regulated by the SEC.\nLimited windows to invest and withdraw funds.\nUse trading strategies including derivatives, shorting, and buying alternative assets.\nCharge fees based on performance as well as assets under management.\n\nWhat are mutual funds?\nA mutual fund is an easy way for individual investors to gain access to a managed portfolio of publicly traded securities such as stocks and bonds. Investors buy shares of a mutual fund, and their money gets pooled with other shareholders by the fund manager. The manager works to meet the objectives laid out in the prospectus, which will detail the benchmark index the manager's performance should be weighed against and the strategy they'll use to invest.\nInvestment strategies\nMutual funds are generally considered safer investments than hedge funds. That's because fund managers are limited in their ability to use riskier strategies such as leveraging their holdings, which can increase returns, but it also increases volatility.\nMutual funds buy publicly traded securities based on the manager's criteria. Those criteria could be very specific like buying pharmaceutical stocks the manager thinks are undervalued based on certain metrics, or they could be very general like simply buying every stock in the S&P 500 index. There's a wide range of strategies available to mutual fund investors, and the details are laid out for investors in the prospectus.\nTypes of mutual funds\nThere are a few different types of mutual funds investors should be aware of.\n\nActively managed vs. passive funds.Actively managed mutual funds are characterized by a fund manager who attempts to beat the fund's benchmark index by strategically buying and selling securities. Passive funds, or index funds, merely try to replicate the returns of the benchmark index by modeling a portfolio based on the index. Sometimes, the fund will just buy every security in the index.\nOpen-ended vs. closed-ended funds.Open-ended funds have no limit to the number of shares they can issue. Investors simply buy shares, and the fund manager takes new inflows and allocates them to the appropriate securities. Closed-ended funds have a limited number of shares, so the portfolio manager doesn't have to deal with inflows or outflows. In order to buy or sell shares, you have to find a buyer or seller on the open market.\nLoad vs. no-load funds.Funds with a load pay a commission to the broker who sells the investor the fund. The commission comes out of the investor's funds either at purchase (front-loaded) or at the sale of the mutual fund (back-loaded). No-load funds do not have such a commission.\n\nWho can invest?\nMutual funds are available to every investor. Some funds may have a minimum investment ranging from $100 to $10,000 or more. More and more funds have no minimum investment these days.\nHow mutual fund fees work\nMutual funds charge a management fee, which typically ranges between 1% and 2% of assets under management. Index funds usually have much lower fees. Some broad-based index funds have fees close to 0%.\nNote that the management fee is separate from the fees paid in loaded funds where the broker receives some of the investors' funds as well. The management fee goes directly to the mutual fund company, and it's paid annually.\nHow are mutual funds regulated?\nMutual funds must register with the SEC in order to sell shares publicly. The SEC enforces several regulations, including the Securities Act of 1933, which requires mutual funds to provide investors with certain information, including a description of the fund, information about management, and financial statements. The Investment Company Act of 1940 also requires mutual funds to provide details of their financial health and investment policies.\nWhat are hedge funds?\nA hedge fund is designed as a way for individual investors to gain access to the investment ideas and strategies of fund managers they believe have an edge on the market. Hedge funds are structured as general partnerships, and investors buy into the investment company directly as limited partners instead of buying publicly offered shares.\nInvestment strategies\nHedge funds aren't limited in the strategies they can use in order to produce positive and outsized returns for their investors. Hedge funds will use derivatives such as options and margin to gain leverage, and they maysell stocks short.\nHedge funds are also able to invest in just about any market:cryptocurrency, private real estate, or vintage single malt scotch. These are strategies unavailable in mutual funds due to SEC regulations. They're also much riskier strategies than simply buying publicly traded securities.\nWho can invest?\nHedge funds are only able to accept funds from accredited investors. The SEC defines an accredited investor as someone with a liquid net worth (home equity doesn't count) of $1 million or an annual income of $200,000 (or $300,000 with a spouse). The SEC believes that level of wealth makes an investor more sophisticated and better able to withstand the volatility and uncertainty associated with hedge funds.\nHedge funds often have minimum investments of $1 million or more. They typically limit investment windows, and they can have minimum holding periods. They can also restrict when investors can withdraw. As such, hedge fund investors require a good amount of liquidity outside of their investment in the hedge fund.\nHow hedge fund fees work\nHedge funds charge two types of fees: management fees and performance fees. A management fee is similar to the management fee for a mutual fund. The fund charges anexpense ratio, typically 2%, that's taken out of the assets under management every year.\nThe performance fee, as the name implies, is based on the fund's performance, and it's usually 20% of the gains. So, if the fund increases by 10% one year, the fund takes 20% of the gains (2% of the investment), and the rest stays invested with the fund. If the fund loses money, there's no performance fee, but the investors still have to pay the management fee.\nThe most typical fee structure — a 2% management fee and a 20% performance fee — is known as 2-and-20.\nHow are hedge funds regulated?\nHedge funds only have to register with the SEC once they reach total assets under management of above $100 million. Beyond that, they must abide by Regulation D of the Securities Act of 1933 and limit their investors to accredited investors. That allows them to remain exempt from most reporting to the SEC and makes investing in a hedge fund much more opaque than investing in a mutual fund.\nAdditional considerations\nHedge funds have shown worsening performance over the past 15 years or so even as the U.S. stock market has been on a tear. In fact, in bull markets, mutual funds may provide better returns than hedge funds net of fees since alternative investment strategies fail to keep up with the stock market.\nThat said, those strategies can be invaluable in bear markets. If the strategies have returns truly uncorrelated with U.S. stocks, they could provide positive returns as the stock market craters. That's when a hedge fund will really live up to its name.\nWhile hedge funds hold the promise of big returns supported by advanced trading strategies, they can go for long periods without producing the expected results. For patient investors, they could pay off.\nBut perhaps the age when hedge funds could outperform the average investor is over. Today's technology makes it easier for retail investors to invest and use their own strategies, whether they're exceedingly simple or super complex. For most investors, a mutual fund will be able to meet all of their investing needs, but they're a bit more boring than hedge funds. But good investing is usually boring.","news_type":1,"symbols_score_info":{".SPX":0.9,".IXIC":0.9,".DJI":0.9}},"isVote":1,"tweetType":1,"viewCount":2890,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"posts","isTTM":true}