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Hewboon

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- HewboonHewboon
  ·2021-07-23
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- HewboonHewboon
  ·2021-07-22
  Like pls
  Altice's adtech firm Teads targets $5 billion valuation in U.S. IPO
  (Reuters) -Advertising technology company Teads BV, owned by French telecom company Altice, said on
  Altice's adtech firm Teads targets $5 billion valuation in U.S. IPO
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- HewboonHewboon
  ·2021-07-21
  Like pls
  ASML Holding EPS beats by €0.03, misses on revenue
  ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03. Revenue of €4B (+20.1% Y/Y) misses by €120M. Q2
  ASML Holding EPS beats by €0.03, misses on revenue
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- HewboonHewboon
  ·2021-07-18
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- HewboonHewboon
  ·2021-07-14
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  "There Will Be Unknown Issues": Tesla Warns FSD 9.0 Beta May "Do The Wrong Thing At The Worst Time"
  Just in case anyone was wondering whether or not Tesla Motors 's Full Self Driving version 9.0 beta
  "There Will Be Unknown Issues": Tesla Warns FSD 9.0 Beta May "Do The Wrong Thing At The Worst Time"
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- HewboonHewboon
  ·2021-07-10
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- HewboonHewboon
  ·2021-07-09
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  Fed's Daly says low rates of vaccination a risk to global economy
  July 9 (Reuters) - Low rates of vaccination in some regions of the world pose a threat to the United
  Fed's Daly says low rates of vaccination a risk to global economy
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- HewboonHewboon
  ·2021-07-05
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- HewboonHewboon
  ·2021-06-21
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- HewboonHewboon
  ·2021-06-20
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  Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie
  Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,
  Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie
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pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/176735024","repostId":"1165060575","repostType":4,"repost":{"id":"1165060575","kind":"news","pubTimestamp":1626914267,"share":"https://ttm.financial/m/news/1165060575?lang=&edition=fundamental","pubTime":"2021-07-22 08:37","market":"us","language":"en","title":"Altice's adtech firm Teads targets $5 billion valuation in U.S. IPO","url":"https://stock-news.laohu8.com/highlight/detail?id=1165060575","media":"Reuters","summary":"(Reuters) -Advertising technology company Teads BV, owned by French telecom company Altice, said on ","content":"<p>(Reuters) -Advertising technology company Teads BV, owned by French telecom company Altice, said on Wednesday it aims to raise up to $808.5 million through an initial public offering on the Nasdaq at a valuation of about $5 billion.</p>\n<p>The company's existing 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAltice's adtech firm Teads targets $5 billion valuation in U.S. IPO\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-22 08:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://finance.yahoo.com/news/altices-ad-tech-firm-teads-101911299.html><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Advertising technology company Teads BV, owned by French telecom company Altice, said on Wednesday it aims to raise up to $808.5 million through an initial public offering on the Nasdaq at ...</p>\n\n<a href=\"https://finance.yahoo.com/news/altices-ad-tech-firm-teads-101911299.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite"},"source_url":"https://finance.yahoo.com/news/altices-ad-tech-firm-teads-101911299.html","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165060575","content_text":"(Reuters) -Advertising technology company Teads BV, owned by French telecom company Altice, said on Wednesday it aims to raise up to $808.5 million through an initial public offering on the Nasdaq at a valuation of about $5 billion.\nThe company's existing shareholders plan to sell 38.5 million shares in the IPO, at a price range of $18 to $21 each, after which Altice would hold majority voting rights.\nFounded in 2011, Teads provides automated buying and selling of online advertising space, a technology that is fast gaining popularity, to clients including Adidas, Danone SA, Vice Media and BBC Global News.\nThe company, whose platform reaches 1.9 billion users globally, was acquired by Altice in 2017 in an all-cash deal that valued Teads at around 285 million euros ($337.35 million).\nOther adtech companies that made their market debuts in recent months include Integral Ad Science Holding Corp and Viant Technology Inc.\nTeads earned a profit of $111.5 million on revenue of $540.3 million in the year ended Dec. 31, 2020, its filing showed. The company said its revenue grew 6% annually despite the negative impact of COVID-19 in the first half of last year.\nGoldman Sachs, Morgan Stanley and JP Morgan are the lead underwriters for the offering. Teads said it would be listed under the symbol \"TEAD\".","news_type":1,"symbols_score_info":{".IXIC":0.9}},"isVote":1,"tweetType":1,"viewCount":2881,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":176046608,"gmtCreate":1626849383304,"gmtModify":1703479247174,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"Like pls","listText":"Like pls","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/176046608","repostId":"1165880037","repostType":4,"repost":{"id":"1165880037","kind":"news","pubTimestamp":1626846705,"share":"https://ttm.financial/m/news/1165880037?lang=&edition=fundamental","pubTime":"2021-07-21 13:51","market":"us","language":"en","title":"ASML Holding EPS beats by €0.03, misses on revenue","url":"https://stock-news.laohu8.com/highlight/detail?id=1165880037","media":"Seeking Alpha","summary":"ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03.\nRevenue of €4B (+20.1% Y/Y) misses by €120M.\nQ2","content":"<ul>\n <li><b><a href=\"https://laohu8.com/S/ASML\">ASML Holding NV</a></b>: Q2 GAAP EPS of €2.52beats by €0.03.</li>\n <li>Revenue of €4B (+20.1% Y/Y)&nbsp;misses by €120M.</li>\n <li>Q2 net bookings of €8.3 billion</li>\n <li>ASML announces a new share buyback program of up to €9 billion to be executed by December 31, 2023.</li>\n <li>\"Our second-quarter net sales came in at €4.0 billion, which is within our guidance. The gross margin came in at 50.9%, above our guidance, which is mainly due to higher revenue in software upgrades as customers want to increase capacity quickly, as well as one-off revenue accounting releases. Our second-quarter net bookings came in at €8.3 billion, including €4.9 billion from EUV systems, bringing the total backlog at €17.5 billion,\"&nbsp;said ASML President and Chief Executive Officer&nbsp;Peter Wennink.</li>\n <li><b>Guidance:</b>&nbsp;The company expects third-quarter net sales between €5.2 billion and €5.4 billion with a gross margin between 51% and 52%, R&amp;D costs of around €645 million and SG&amp;A costs of around €180 million. The estimated annualized effective tax rate is expected to be around 15% for 2021.</li>\n</ul>","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>ASML Holding EPS beats by €0.03, misses on revenue</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\">\nASML Holding EPS beats by €0.03, misses on revenue\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-21 13:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3717203-asml-holding-eps-beats-by-003-misses-on-revenue><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03.\nRevenue of €4B (+20.1% Y/Y) misses by €120M.\nQ2 net bookings of €8.3 billion\nASML announces a new share buyback program of up to €9 billion to be ...</p>\n\n<a href=\"https://seekingalpha.com/news/3717203-asml-holding-eps-beats-by-003-misses-on-revenue\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASML":"阿斯麦"},"source_url":"https://seekingalpha.com/news/3717203-asml-holding-eps-beats-by-003-misses-on-revenue","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165880037","content_text":"ASML Holding NV: Q2 GAAP EPS of €2.52beats by €0.03.\nRevenue of €4B (+20.1% Y/Y) misses by €120M.\nQ2 net bookings of €8.3 billion\nASML announces a new share buyback program of up to €9 billion to be executed by December 31, 2023.\n\"Our second-quarter net sales came in at €4.0 billion, which is within our guidance. The gross margin came in at 50.9%, above our guidance, which is mainly due to higher revenue in software upgrades as customers want to increase capacity quickly, as well as one-off revenue accounting releases. Our second-quarter net bookings came in at €8.3 billion, including €4.9 billion from EUV systems, bringing the total backlog at €17.5 billion,\" said ASML President and Chief Executive Officer Peter Wennink.\nGuidance: The company expects third-quarter net sales between €5.2 billion and €5.4 billion with a gross margin between 51% and 52%, R&D costs of around €645 million and SG&A costs of around €180 million. The estimated annualized effective tax rate is expected to be around 15% for 2021.","news_type":1,"symbols_score_info":{"ASML":0.9}},"isVote":1,"tweetType":1,"viewCount":2306,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":179439783,"gmtCreate":1626570288542,"gmtModify":1703761774582,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"Like pls&nbsp;","listText":"Like pls&nbsp;","text":"Like pls","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/179439783","repostId":"1156209584","repostType":4,"isVote":1,"tweetType":1,"viewCount":2143,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":145487928,"gmtCreate":1626237953664,"gmtModify":1703756122647,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"Like","listText":"Like","text":"Like","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/145487928","repostId":"1100762217","repostType":4,"repost":{"id":"1100762217","kind":"news","pubTimestamp":1626233419,"share":"https://ttm.financial/m/news/1100762217?lang=&edition=fundamental","pubTime":"2021-07-14 11:30","market":"us","language":"en","title":"\"There Will Be Unknown Issues\": Tesla Warns FSD 9.0 Beta May \"Do The Wrong Thing At The Worst Time\"","url":"https://stock-news.laohu8.com/highlight/detail?id=1100762217","media":"zerohedge","summary":"Just in case anyone was wondering whether or not Tesla Motors 's Full Self Driving version 9.0 beta ","content":"<p>Just in case anyone was wondering whether or not <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a> 's Full Self Driving version 9.0 beta - with the companynow ditching radarand relying on a \"camera focused Autopilot system\" - was going to be the improvement that finally solved&nbsp;<i>everything,</i>let us be the first to say that it isn't.</p>\n<p>The much heralded update to Full Self Driving, whicharrived about a month lateand had been touted as a solution to the&nbsp;<i>last</i>beta, which wassuch a disasterit waspulled off the market quickly, appears to be more of the same: jerky movements, uncertain vehicle operation and constant necessary interruptions from the driver.</p>\n<p>And now Tesla has a warning for those beta testing version 9.0:&nbsp;its full self-driving software \"may do the wrong thing at the worst time\", according toSky News.&nbsp;Musk said the newest update to the full self-driving capability \"addresses most known issues\", Sky News reported,&nbsp;but added \"there will be unknown issues, so please be paranoid\".</p>\n<p>It is part of a broader piece of messaging to customers to make sure they continue to pay attention at the wheel while Full-Self Driving is on, despite the fact that Elon Musk himself said in 2019 that the reliability of Full-Self Driving in 2020 would be such that \"no one needs to pay attention\".</p>\n<p><img src=\"https://static.tigerbbs.com/de8f91a4dc0acdf17e08e1070968ddd6\" tg-width=\"512\" tg-height=\"786\" referrerpolicy=\"no-referrer\">The reason Tesla wants customers to pay attention all of a sudden is because the company's Full Self Driving 9.0 is launching customers erratically down roads across the U.S., as indicated by this video of the hardware taking over one Tesla and nearly driving it into columns on the road.</p>\n<p><img src=\"https://static.tigerbbs.com/e843e85615ee66c0abfd508c3c67a180\" tg-width=\"515\" tg-height=\"463\" referrerpolicy=\"no-referrer\"><img src=\"https://static.tigerbbs.com/266eff802db5d8f980d885fb28fbfcc5\" tg-width=\"520\" tg-height=\"656\" referrerpolicy=\"no-referrer\">After Full Self Driving 9.0's release, even the company's biggest fans&nbsp;like Galileo Russell said he saw little difference between the last beta and this one - and he still thinks the company is \"still a long way away\" to truly autonomous driving \"where you never have to intervene\".</p>\n<p><img src=\"https://static.tigerbbs.com/3287fd70e53e18fa2fd8b9f7798982bc\" tg-width=\"535\" tg-height=\"842\" referrerpolicy=\"no-referrer\">Recall,&nbsp;Elon Musk withdrew the company's&nbsp;Full Self Driving beta v8.2&nbsp;after it was absolutely thrashed by critics like Road and Track who&nbsp;called&nbsp;it \"laughably bad\" and \"potentially dangerous\".</p>\n<p>As a reminder, Musk said in 2019 he was \"very confident\" in predicting autonomous robotaxis \"next year\", which would have been 2020, which has now turned into \"last year\" and<i>&nbsp;is six months away from being \"two years ago\":</i></p>\n<p>Recall,&nbsp;earlier this year Tesla offered up another reality check&nbsp;when it admitted to regulators that it was still \"firmly in level 2\" autonomy.</p>\n<p>The company \"told a California regulator that it may not achieve full self-driving technology by the end of this year,\"&nbsp;according to Reuters&nbsp;back in May. The memo was originally unearthed by legal website&nbsp;PlainSite.</p>\n<p>\"Tesla indicated that Elon is extrapolating on the rates of improvement when speaking about L5 capabilities. Tesla couldn’t say if the rate of improvement would make it to L5 by end of calendar year,\" the memo said.</p>\n<p>It continued: \"Tesla indicated that they are still firmly in L2. As Tesla is aware, the public’s misunderstanding about the limits of the technology and its misuse can have tragic consequences.\"</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>\"There Will Be Unknown Issues\": Tesla Warns FSD 9.0 Beta May \"Do The Wrong Thing At The Worst Time\"</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\">\n\"There Will Be Unknown Issues\": Tesla Warns FSD 9.0 Beta May \"Do The Wrong Thing At The Worst Time\"\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-14 11:30 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/there-will-be-unknown-issues-tesla-warns-fsd-90-beta-may-do-wrong-thing-worst-time><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Just in case anyone was wondering whether or not Tesla Motors 's Full Self Driving version 9.0 beta - with the companynow ditching radarand relying on a \"camera focused Autopilot system\" - was going ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/there-will-be-unknown-issues-tesla-warns-fsd-90-beta-may-do-wrong-thing-worst-time\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.zerohedge.com/markets/there-will-be-unknown-issues-tesla-warns-fsd-90-beta-may-do-wrong-thing-worst-time","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1100762217","content_text":"Just in case anyone was wondering whether or not Tesla Motors 's Full Self Driving version 9.0 beta - with the companynow ditching radarand relying on a \"camera focused Autopilot system\" - was going to be the improvement that finally solved everything,let us be the first to say that it isn't.\nThe much heralded update to Full Self Driving, whicharrived about a month lateand had been touted as a solution to the lastbeta, which wassuch a disasterit waspulled off the market quickly, appears to be more of the same: jerky movements, uncertain vehicle operation and constant necessary interruptions from the driver.\nAnd now Tesla has a warning for those beta testing version 9.0: its full self-driving software \"may do the wrong thing at the worst time\", according toSky News. Musk said the newest update to the full self-driving capability \"addresses most known issues\", Sky News reported, but added \"there will be unknown issues, so please be paranoid\".\nIt is part of a broader piece of messaging to customers to make sure they continue to pay attention at the wheel while Full-Self Driving is on, despite the fact that Elon Musk himself said in 2019 that the reliability of Full-Self Driving in 2020 would be such that \"no one needs to pay attention\".\nThe reason Tesla wants customers to pay attention all of a sudden is because the company's Full Self Driving 9.0 is launching customers erratically down roads across the U.S., as indicated by this video of the hardware taking over one Tesla and nearly driving it into columns on the road.\nAfter Full Self Driving 9.0's release, even the company's biggest fans like Galileo Russell said he saw little difference between the last beta and this one - and he still thinks the company is \"still a long way away\" to truly autonomous driving \"where you never have to intervene\".\nRecall, Elon Musk withdrew the company's Full Self Driving beta v8.2 after it was absolutely thrashed by critics like Road and Track who called it \"laughably bad\" and \"potentially dangerous\".\nAs a reminder, Musk said in 2019 he was \"very confident\" in predicting autonomous robotaxis \"next year\", which would have been 2020, which has now turned into \"last year\" and is six months away from being \"two years ago\":\nRecall, earlier this year Tesla offered up another reality check when it admitted to regulators that it was still \"firmly in level 2\" autonomy.\nThe company \"told a California regulator that it may not achieve full self-driving technology by the end of this year,\" according to Reuters back in May. The memo was originally unearthed by legal website PlainSite.\n\"Tesla indicated that Elon is extrapolating on the rates of improvement when speaking about L5 capabilities. Tesla couldn’t say if the rate of improvement would make it to L5 by end of calendar year,\" the memo said.\nIt continued: \"Tesla indicated that they are still firmly in L2. As Tesla is aware, the public’s misunderstanding about the limits of the technology and its misuse can have tragic consequences.\"","news_type":1,"symbols_score_info":{"TSLA":0.9}},"isVote":1,"tweetType":1,"viewCount":2104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141582072,"gmtCreate":1625880511696,"gmtModify":1703750300565,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"Commented&nbsp;","listText":"Commented&nbsp;","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/141582072","repostId":"2150030723","repostType":4,"isVote":1,"tweetType":1,"viewCount":3292,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":143453809,"gmtCreate":1625811826201,"gmtModify":1703749052178,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"C","listText":"C","text":"C","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/143453809","repostId":"2150132707","repostType":4,"repost":{"id":"2150132707","kind":"highlight","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1625803455,"share":"https://ttm.financial/m/news/2150132707?lang=&edition=fundamental","pubTime":"2021-07-09 12:04","market":"fut","language":"en","title":"Fed's Daly says low rates of vaccination a risk to global economy","url":"https://stock-news.laohu8.com/highlight/detail?id=2150132707","media":"Reuters","summary":"July 9 (Reuters) - Low rates of vaccination in some regions of the world pose a threat to the United","content":"<p>July 9 (Reuters) - Low rates of vaccination in some regions of the world pose a threat to the United States as well as global economic growth, Federal Reserve <a href=\"https://laohu8.com/S/BSFO\">Bank of San Francisco</a> President Mary Daly told the Financial Times in an interview published on Friday.</p>\n<p>Daly also said it was important for the rest of the world to reach higher rates of vaccination, and the inability to achieve that would be a \"headwind\" on U.S. economic growth</p>\n<p>\"I think <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest risks to our global growth, going forward, is that we prematurely declare victory on COVID-19,\" Daly added.</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>Fed's Daly says low rates of vaccination a risk to global economy</title>\n<style 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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\">\nFed's Daly says low rates of vaccination a risk to global economy\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\">2021-07-09 12:04</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>July 9 (Reuters) - Low rates of vaccination in some regions of the world pose a threat to the United States as well as global economic growth, Federal Reserve <a href=\"https://laohu8.com/S/BSFO\">Bank of San Francisco</a> President Mary Daly told the Financial Times in an interview published on Friday.</p>\n<p>Daly also said it was important for the rest of the world to reach higher rates of vaccination, and the inability to achieve that would be a \"headwind\" on U.S. economic growth</p>\n<p>\"I think <a href=\"https://laohu8.com/S/AONE\">one</a> of the biggest risks to our global growth, going forward, is that we prematurely declare victory on COVID-19,\" Daly added.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2150132707","content_text":"July 9 (Reuters) - Low rates of vaccination in some regions of the world pose a threat to the United States as well as global economic growth, Federal Reserve Bank of San Francisco President Mary Daly told the Financial Times in an interview published on Friday.\nDaly also said it was important for the rest of the world to reach higher rates of vaccination, and the inability to achieve that would be a \"headwind\" on U.S. economic growth\n\"I think one of the biggest risks to our global growth, going forward, is that we prematurely declare victory on COVID-19,\" Daly added.","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2521,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":155799919,"gmtCreate":1625451971031,"gmtModify":1703741967078,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"C","listText":"C","text":"C","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/155799919","repostId":"2149834533","repostType":4,"isVote":1,"tweetType":1,"viewCount":2031,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":167036615,"gmtCreate":1624238817437,"gmtModify":1703831197306,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"Commented&nbsp;","listText":"Commented&nbsp;","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/167036615","repostId":"2145594707","repostType":4,"isVote":1,"tweetType":1,"viewCount":2861,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":164874957,"gmtCreate":1624196741179,"gmtModify":1703830474273,"author":{"id":"3586767743717067","authorId":"3586767743717067","name":"Hewboon","avatar":"https://static.tigerbbs.com/e7155ba9b0f2f8bfbf6e255edee57d7b","crmLevel":11,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3586767743717067","idStr":"3586767743717067"},"themes":[],"htmlText":"Commented&nbsp;","listText":"Commented&nbsp;","text":"Commented","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/164874957","repostId":"1161408410","repostType":4,"repost":{"id":"1161408410","kind":"news","pubTimestamp":1624065771,"share":"https://ttm.financial/m/news/1161408410?lang=&edition=fundamental","pubTime":"2021-06-19 09:22","market":"us","language":"en","title":"Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie","url":"https://stock-news.laohu8.com/highlight/detail?id=1161408410","media":"benzinga","summary":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers,","content":"<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">Web Link</a>\n\n</div>\n","source":"lsy1606299360108","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>Wall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie</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\">\nWall Street Crime And Punishment: The Rise And Fall Of Crazy Eddie\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-19 09:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie><strong>benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf ...</p>\n\n<a href=\"https://www.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie\">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.benzinga.com/news/21/06/21596990/wall-street-crime-and-punishment-the-rise-and-fall-of-crazy-eddie","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161408410","content_text":"Wall Street Crime and Punishment is a weekly series by Benzinga's Phil Hall chronicling the bankers, brokers and financial ne’er-do-wells whose ambition and greed take them in the wrong direction.\nIf you were living in the New York metropolitan area during the 1970s and 1980s, you probably remember the commercials for the Crazy Eddie electronics retail chain. They were impossible to miss: More than 7,500 spots featuring a frenetic, motor-mouthed spokesperson bombilating frenetically about the “in-saaaaaaaaane” discounts offered by the store.\nCrazy Eddie was never the biggest retail operation in the region. At its peak, there were only 43 locations spread across four states.\nBut the ubiquity of the commercials made it seem more prominent than it actually was, and the excess attention eventually brought harsh spotlights on the financial chicanery perpetrated by its chief executive,Eddie Antar.\nAn Audacious Start:Eddie Antar was born in Brooklyn, New York, on Dec. 18, 1947, the grandson of Syrian Jewish immigrants. Antar was an intelligent youth but found school boring, dropping out at 16 to work odd jobs before setting up a small stand at New York’s Port Authority in the heart of Manhattan where he sold portable televisions. While Antar belatedly realized he had the wrong product line in the wrong location, he used the experience to sharpen his sales skills.\nBy 1969, Antar saved up enough money to go into business with his father Sam and cousin named Ronnie Gindi, creating a retail operation called ERS Electronics. They opened an electronics store in the Kings Highway business shopping district in Brooklyn called Sights and Sounds.\nAt the time, small and independently-owned electronics retailers operated at a significant disadvantage against major chains due to the fair trade laws of the era that enabled manufacturers to establish a single standard retail price all retailers needed to list. To stand out from the competition, Antar challenged the laws by marking down his merchandise, thus offering a discount absent elsewhere in this retail sector.\nSome manufacturers got wise to this and refused to do business with Antar, but he circumvented their boycott by purchasing excess stock from other businesses and obtaining products through grey-market channels from overseas sources.\nThe stress was great and Gindi eventually lost interest in the enterprise, selling his one-third of the business to Antar.\nBut how could the store remain afloat financially through its seemingly reckless discounting? As Antar’s father Sam would later recall in an interview, the lo-fi nature of old-school retailing work enabled them to put their ethics on hold.\n“Back then, most customers paid in cash,” he said. “If we don’t disclose the sale, we keep the sales tax. That’s a good cushion to be able to afford to beat the competition.”\nSights and Sounds began to attract bargain hunters from outside of Brooklyn and Antar turned into something of a one-man, in-store comedy show, going so far as taking the shoes of cash-strapped customers who wanted to buy stereos for deposits and jokingly preventing shoppers from leaving unless they made a purchase.\nAntar’s shtick was so amusing that his first wife Deborah came home one evening in 1971 with a story about how one of her co-workers was talking about his shopping trip to Sights and Sounds.\nThe co-worker, who was unaware of Deborah’s connection to the store, talked happily about dealing with a salesperson that he dubbed “Crazy Eddie.” At that point, Antar decided to change the name of Sights and Sounds to Crazy Eddie.\nAn Advertising Assault:The fair trade law that initially stifled Antar and other smaller businesses was repealed in 1972. Antar’s aggressive discounting and colorful personality enabled him to prepare for a business expansion — he moved to a larger store on Kings Highway, then opened a location in the Long Island town of Syosset in 1973 and in the heart of Manhattan in 1975.\nAntar recognized how his larger competitors used advertising to their advantage, and in 1972 he began marketing his business over the airwaves via WPIX-FM, a popular music station that mixed rock oldies with current Top 40 hits. Antar created an ad copy script that would be read live on the air by Jerry Carroll, one of the station’s disk jockeys. But Carroll decided to improvise, reading the copy in a mock-frenzied manner and creating a new closing line with “Crazy Eddie — his prices are in-saaaaaaaaane.”\nRather than be upset by the deviation to the script, Antar was ecstatic with Carroll’s flippant approach as his delivery stood out wildly from the other advertising running on the station. Antar contracted Carroll to be his on-air pitchman for radio, and in 1975 Carroll was brought in front of the cameras for a television campaign.\nIt was through the television commercials Crazy Eddie became the center of consumer attention. For the next 10 years, the commercials offered endless variations on the same set-up: Carroll wore the same outfit — a dark blazer and a turtleneck sweater — and stood surrounded by displays of the electronics being peddled.\nEach commercial ran about 30 seconds, but Carroll spoke so rapidly that it seemed he was trying to cover 60 seconds of a script in half of his allotted time.\nCarroll’s physical delivery was comically spastic, with flailing arms, bulging eyes and the most manic smile this side of the Joker.\nHe would inevitably challenge shoppers to “shop around, get the best prices you can find, then bring ’em to Crazy Eddie and he’ll beat ’em.” And each commercial ended with Carroll stretching his arms out while proclaiming, “Crazy Eddie — his prices are in-saaaaaaaaane.”\nThere would be a few variations to the presentation, including a Christmas season ad campaign and a “Christmas in August” summertime effort with Carroll dressed in a Santa suit while being pelted with Styrofoam snowballs and papery snowflakes.\nA couple of movie spoof spots put Carroll in parodies of “Casablanca,” “Saturday Night Fever,” “Superman” and “10,” and one ad had a man in a gorilla suit grunting dialogue while subtitles offered simian-to-English translations.\nNot So Funny:After the commercials came on in full force, Crazy Eddie generated $350 million in annual revenue during its prime years.\nBut as Crazy Eddie grew, Antar’s approach to business became more problematic: cash payments were not recorded, the sales tax was pocketed and employees received off-the-books pay rather than paychecks that clearly deducted federal and state taxes.\nAntar helped finance his cousin Sam Antar’s college education and brought him on as a chief financial officer, but Sam would later recall this was not done out of love of family.\n“The whole purpose of the business was to commit premeditated fraud,” Sam recounted in an interview with MentalFloss.com. “My family put me through college to help them commit more sophisticated fraud in the future. I was trained to be a criminal.\n\"People have a certain idea of Crazy Eddie — in reality, it was a dark criminal enterprise.”\nAntar initially kept his ill-gotten gains hidden within his home, but later began sending the money far into the world. Offshore bank accounts in Canada, Gibraltar, Israel, Liberia, Luxembourg, Panama and Switzerland were set up, and by the early 1980s, Antar and his family were skimming upwards of $4 million annually in unreported income and unpaid taxes.\nEventually, the graft became too big to easily hide. The solution, Antar theorized, was not to hide but to be in the greatest spotlight imaginable: Antar decided to take Crazy Eddie public.\nHello, Wall Street:Crazy Eddie conducted its initial public offering on Sept. 13, 1984, taking the NASDAQ symbol CRZY. The popularity of the television commercials helped bring in the initial wave of investor interest, while gourmet-level cooked books gave the phony impression of a well-run retail operation.\nTwo years after first trading at $8 a share, Crazy Eddie stock was at a split-adjusted $75 per share.\nWhy Antar believed he could continue with his shenanigans amid the added scrutiny given to public companies is a mystery, but by 1987 he found himself in lethal shoals.\nThe increased retail competition saw Crazy Eddie’s sales decline, resulting in a tumbling stock price.\nAntar announced his resignation in December 1986, but four months later he shocked shareholders by revealing he never stepped down — and while still at the helm, he sold off his shares in the company, gaining about $30 million in the transaction.\nThe company had begun planning to go private when an outside investor group successfully agitated to take over what they believed to be a struggling but respectable company. But when their auditors came in, they were flabbergasted to find grossly exaggerated inventories of up to $28 million, $20 million in phony debit memos to vendors and sales reports that were closer to fiction than accountancy.\nThe chain went bankrupt in 1989 and was forced to shut down its retail network. Federal and state investigations overwhelmed what remained of the Crazy Eddie and Antar was hit with an endless flurry of lawsuits.\n\"By any measure, this is a staggering securities fraud,\" saidMichael Chertoff, the U.S. Attorney for New Jersey, who accused the Antars of creating \"a giant bubble\" rather than a successful business.\nBy 1990, Antar disappeared after failing to appear at a court hearing. He obtained a phony U.S. passport issued to “Harry Page Shalom” and left the country. After a two-year global search, he was located in 1992 in a Tel Aviv suburb living under the name Alexander Stewart.\nAntar was brought back to the U.S. to find his cousin Sam Antar had taken a plea deal with federal prosecutors and agreed to testify against him in court.\n“There’s no better motivator than a 20-year prison term,” Sam Antar stated. “I didn’t cooperate because I found God. I cooperated to save my ass.”\nIn July 2013, Antar was found guilty of 17 counts of fraud and sentenced to 12½ years in prison. Two years later, his verdicts were overturned on appeal.\nRather than face the stress of another trial, Antar pleaded guilty to federal fraud charges in May 1996 and was sentenced in 1997 to eight years in prison.\nThe Legend Lives On:Antar was released after four years in prison and federal law enforcement officials managed to find more than $120 million from his offshore bank accounts, which was repaid to investors.\nSeveral attempts occurred over the subsequent years to revive the Crazy Eddie brand, first as a brick-and-mortar retailer and then as an e-commerce venture, but all of these efforts failed.\nIn June 2019,Jon Turteltaub, the director of the “National Treasure” film franchise, announced plans to make a biopic about Antar. But that project has yet to come to life.\nMany of the Crazy Eddie commercials can be found on YouTube, and marketing experts consider them to be among the most imaginative and successful examples of television advertising.\nAntar stayed out of the public light after leaving prison and died of complications from liver cancer on Sept. 10, 2016. He never publicly spoke about his past, although in a brief late-life exchange with a Newark Star-Ledger reporter he acknowledged the unique impact he had on retailing.\n“Everybody knows Crazy Eddie,” he said. “What can I tell you? I changed the business. I changed the whole business.”","news_type":1,"symbols_score_info":{}},"isVote":1,"tweetType":1,"viewCount":2535,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"defaultTab":"followers","isTTM":true}