$REAL

Therealreal Inc

  • NASDAQ
  • Retail Trade
  • Internet Retail

PRICE

$12.37 ▼-0.161%

Extented Hours

VOLUME

1,690,997

DAY RANGE

12.325 - 12.98

52 WEEK

11.18 - 30.22

Join Discuss about REAL with like-minded investors

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@atlas01 #Emporos Research
11 minutes ago

btcusd , market looks great for a bit more down move , to cover the bit , could be from 1k more or 15k more , is a high variable bitzer , is possible to present a false down , we just needed a good reaction to indicate the market real , keep in mind that the bull can hit 51k and still be called a bull

6 Replies 2 👍 6 🔥

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@Benlax #droscrew
2 hours ago

for real > @Pyrognosis said: Echo needs a poll feature really bad

29 Replies 11 👍 7 🔥

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@atlas01 #Emporos Research
2 hours ago

i still dont think that info is real , is impossible , for that to show unless , someone programs it to , also quotes get reconfirmed at that level , those silly foxes think they are slick

20 Replies 9 👍 12 🔥

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@RedSunCap #droscrew
2 hours ago

got emmm real good

26 Replies 8 👍 11 🔥

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@JPwhoisbrown #droscrew
2 hours ago

real nice wings ..they marinate that 24 hours in their sauce

25 Replies 11 👍 12 🔥

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@trademaster #TradeHouses
2 hours ago

By Clare Jim and Andrew Galbraith HONG KONG/SHANGHAI (Reuters) - China Evergrande Group appeared to have averted default with a last-minute bond coupon payment, a source said on Friday, buying it another week to wrestle with a debt crisis looming over the world's second-biggest economy. The property developer sent $83.5 million to a Citibank trustee account on Thursday, the person with knowledge of the matter told Reuters, enabling it to pay interest on a U.S. dollar bond due by Saturday. That brought relief for investors and regulators worried about fallout for global markets and added to reassurances from Chinese officials that creditors would be protected. Still, the world's most indebted property firm - with more than $300 billion in liabilities - needs to make payments on a string of other bonds, with the next major deadline to avoid default on Oct. 29. With little known about its ability to pay and property sales tumbling 30% in the last 12 months, there is deep scepticism over Evergrande's capacity to ride out the crisis. The company, once China's top-selling property developer, did not respond to a request for comment. Citibank declined to comment. Evergrande's woes have snowballed for months and its dwindling resources set against its vast liabilities have wiped out 80% of its value. Founded in Guangzhou in 1996, the developer epitomised a freewheeling era of borrowing and building. But that business model has been scuttled by hundreds of new rules designed to curb developers' debt frenzy and promote affordable housing. Evergrande Chairman Hui Ka Yan was quoted on Friday by the state-backed Securities Times as saying the developer would reduce its property sales to about 200 billion yuan ($31 billion) a year to overhaul its business. 'BIT OF A RELIEF' It was not clear how cash-strapped Evergrande was able to raise funds to pay the bondholders or whether any had already received the money. Evergrande next needs to find $47.5 million by Oct. 29 next and has nearly $338 million in other offshore coupon payments coming up in November and December. "While obviously a positive, the coupon payment does not address the overall concerns about Evergrande's sustained liquidity through the first maturity in Q2 2022 and beyond," said John Han, a partner at law firm Kobre & Kim in Hong Kong. "This only shows that the company is not yet ready for the house to come down completely through a massive cascade of cross defaults. Time is needed for what is planned next." If it fails to make next week's payment, or any other final deadlines in coming weeks, defaults would be triggered on all $19 billion of its bonds in international capital markets. That would be the second biggest emerging market corporate default after Venezuela's state-owned oil firm. News of the fund transfer came a day after financial information provider REDD said Evergrande had secured more time to pay a defaulted bond it guaranteed, issued by Jumbo Fortune Enterprises. "They seem to be avoiding short-term default and it's a bit of a relief that they have managed to find liquidity," said a Hong Kong-based debt restructuring lawyer representing some bondholders. "This payment might be a way for them to get some sort of buy-in with stakeholders before the heavy work needed on the restructuring." Evergrande missed coupon payments totalling nearly $280 million on its dollar bonds on Sept. 23, Sept. 29 and Oct. 11, beginning 30-day grace periods for each. MARKET MOVES Evergrande's dollar bond prices surged on Friday morning after news of the transfer, with its April 2022 and 2023 notes jumping more than 10%, data from Duration Finance showed, though they still traded at deeply distressed levels of less than a quarter of face value. Those gains evaporated on Friday afternoon in Asia, however, pushing several of the company's other bonds down more than 6%. Evergrande's shares rose as much as 7.8% before closing up 4.3%, but still finished a shortened week down 8.8%. Evergrande's woes have reverberated across the $5 trillion Chinese property sector, which accounts for a quarter of the economy by some metrics, with a string of default announcements, rating downgrades and slumping corporate bonds. Chinese property companies could now be locked out of offshore debt markets until early next year. Still, Friday's news helped the Hang Seng mainland properties index rise 3.3%. In mainland markets, the CSI300 Real Estate index finished up 2.4%, and an index tracking the broader property sector added 2%. SAFETY FIRST Asked whether it would step in to help its rival ease its liquidity crisis, the chairman of China's third-biggest developer, China Vanke Co Ltd, said developers needed to ensure their own safety first. "Everyone feels the chill as 'winter' arrives for the sector," Chairman Yu Liang told a company forum on Friday. Any prospect of Evergrande's demise raises questions over more than 1,300 real estate projects it has in some 280 cities. Bank exposure to developers is also extensive. A leaked 2020 document, branded a fake by Evergrande but taken seriously by analysts, showed the company's liabilities extended to more than 128 banks and over 121 non-banking institutions. "Given that we have little clarity on how bank financing is going for stalled real estate projects, but we know that project pre-sales are down a lot, the onshore business is unlikely to be supplying cash to Evergrande near-term," said Quiddity's Lundy.

15 Replies 8 👍 11 🔥

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@HeyShoe #droscrew
2 hours ago

evergrande and other real estate

39 Replies 12 👍 7 🔥

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@maletone #StockTraders.NET
2 hours ago

fomo is real

35 Replies 11 👍 11 🔥

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@maletone #StockTraders.NET
2 hours ago

If my order gets hit on $PHUn will be a real nice box since I have 5.39 entry on the long

29 Replies 12 👍 8 🔥

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@trademaster #TradeHouses
recently

By Clare Jim and Andrew Galbraith HONG KONG/SHANGHAI (Reuters) -China Evergrande Group has supplied funds to pay interest on a U.S. dollar bond, a person with direct knowledge of the matter told Reuters on Friday, days before a deadline that would have seen the developer plunge into formal default. The person said Evergrande remitted $83.5 million to a trustee account at Citibank on Thursday - as earlier reported on Friday by state-backed Securities Times - allowing it to pay all bondholders before the payment grace period ends on Oct. 23. News of the remittance will likely bring relief to investors and regulators worried about a default's wider fallout in global financial markets, adding to reassurance from Chinese officials who have said creditors' interests would be protected. Still, the developer, saddled with $300 billion in liabilities, will need to make payments on a string of other bonds, with the next major deadline to avoid default only a week away and little known about whether it is in a position to pay those debts. "They seem to be avoiding short-term default and it's a bit of a relief that they have managed to find liquidity," said a Hong Kong-based debt restructuring lawyer representing some bondholders, who did not want to be identified. "But still, Evergrande does need to restructure its debt. This payment might be a way for them to get some sort of buy-in with stakeholders before the heavy work needed on the restructuring." It was not immediately clear how cash-strapped Evergrande was able to raise funds for paying the bondholders or whether any bondholders have already received the money. Evergrande did not respond to Reuters' request for comment. Citibank declined to comment. The person with knowledge of the matter was not authorised to speak with media and so declined to be identified. News of the remittance comes a day after financial information provider REDD said Evergrande had secured more time to pay a defaulted bond it guaranteed, issued by Jumbo Fortune Enterprises. "This is a positive surprise," said James Wong, portfolio manager at GaoTeng Global Asset Management, who had expected a default. The news would boost bondholders' confidence, he said, as "there are many coupon payments due ahead. If Evergrande pays this time, I don't see why it won't pay the next time." Evergrande missed coupon payments totalling nearly $280 million on its dollar bonds on Sept. 23, Sept. 29 and Oct. 11, beginning 30-day grace periods for each. Subsequent non-payment would result in formal default and trigger cross-default provisions for its other dollar bonds. Evergrande's next payment deadline is Oct. 29 with the expiration of the 30-day grace period on its Sept. 29 coupon. TEMPORARY RELIEF Evergrande's dollar bond prices surged on Friday, with its April 2022 and 2023 notes jumping more than 10%, data from Duration Finance showed, though they still traded at deeply distressed levels of around a quarter of their face value. Its shares rose as much as 7.8%, a day after trade resumed following a more than two-week halt pending the announcement of a stake sale in its property management unit, which was scrapped this week. Evergrande's woes have reverberated across the $5 trillion Chinese property sector, which accounts for a quarter of the economy by some metrics, with a string of default announcements, rating downgrades and slumping corporate bonds. In the latest such move, Fitch Ratings on Thursday cut Sinic Holdings (Group) Co Ltd's long-term foreign currency issuer default rating to "restricted default" from "C" as the developer failed to repay its $250 million notes due Oct. 18. Still, the Evergrande news helped the Hang Seng mainland properties index surge more than 4% versus a gain of 0.25% in the broader Hang Seng index. It also helped Evergrande's smaller peer Kaisa Group Holdings Ltd, whose dollar bonds surged in price. Kaisa was the first Chinese developer to default back in 2015 and the Evergrande crisis has put it back in the spotlight. In mainland markets, the CSI300 Real Estate index jumped as much as 6.5%, and an index tracking the broader property sector was eyeing its biggest gain in nearly two months. When asked whether it will step in to help its rival to ease its liquidity crisis, Chairman Yu Liang of the nation's third-biggest developer, China Vanke Co Ltd, said developers needed to ensure their own safety first. "Everyone feels the chill as 'winter' arrives for the sector... Whether we can pass this winter safely is still unknown," Yu told a company forum on Friday. FREEWHEELING Evergrande's woes had been snowballing for months. Dwindling resources set against more than $300 billion of liabilities had wiped out 80% of its value. Founded in Guangzhou in 1996, the developer epitomised a freewheeling era of borrowing and building. But that business model has been scuttled by hundreds of new rules designed to curb developers' debt frenzy and promote affordable housing. Analysts said any prospect of demise would raise questions over what would happen to the more than 1,300 real estate projects Evergrande has ongoing in over 280 cities, and any impact the wider property sector. Bank exposure to developers is also extensive. A leaked 2020 document, branded a fake by Evergrande but taken seriously by analysts, showed the company's liabilities extending to more than 128 banks and over 121 non-banking institutions. "Given that we have little clarity on how bank financing is going for stalled real estate projects, but we know that project pre-sales are down a lot, the onshore business is unlikely to be supplying cash to Evergrande near-term," said analyst Travis Lundy at Quiddity Advisors in Hong Kong.

66 Replies 10 👍 8 🔥

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@maletone #StockTraders.NET
recently

fomo is real lol

114 Replies 8 👍 15 🔥

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@bunnytoad69 #droscrew
recently

$SAM made me nervous it would be a Johnny Got Em, but it turns out that $SNAP was The Real Dirty Daniel

54 Replies 11 👍 10 🔥

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@Marcosx #ivtrades
recently

see if that breakout is for real ehh

82 Replies 11 👍 8 🔥

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@dros #droscrew
recently

cause some real gastric issues

137 Replies 14 👍 9 🔥

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@maletone #StockTraders.NET
recently

real nice one

107 Replies 8 👍 10 🔥

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@maletone #StockTraders.NET
recently

@traderxx is real good at it

46 Replies 9 👍 12 🔥

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@maletone #StockTraders.NET
recently

the real blow off will be epic

85 Replies 6 👍 8 🔥

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@maletone #StockTraders.NET
recently

that 36 hold was to real

126 Replies 9 👍 9 🔥

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@maletone #StockTraders.NET
recently

yeah, new rule for me ..avoid sotcks with no real history

103 Replies 8 👍 8 🔥

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@dros #droscrew
recently

thirst is real bro > @Benlax said: live and die by the thirst

121 Replies 7 👍 8 🔥

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@dros #droscrew
recently

i agree with you on the VFC looking real nice here also

136 Replies 11 👍 6 🔥

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@dros #droscrew
recently

$252 area those could be real attractive

130 Replies 14 👍 14 🔥

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@lucullus #droscrew
recently

CHina is were the fissures are opening as we speak, feels like everyone will try and ignore but Xi crack downs etc on Tech entrepeneurs shows who is going to get the blame when real estate Ponzi scheme mainly run by the children of CCP BOSSES collapses

103 Replies 8 👍 11 🔥

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@trademaster #TradeHouses
recently

By Clare Jim and Andrew Galbraith HONG KONG/SHANGHAI (Reuters) -China Evergrande Group has secured an extension on a defaulted bond, financial provider REDD reported on Thursday, offering rare respite to the developer a day after a deal to sell a $2.6 billion stake in its property services unit failed. Evergrande has won a more than three month extension to the maturity of a $260 million bond, issued by joint venture Jumbo Fortune Enterprises and guaranteed by Evergrande, beyond Oct. 3 after agreeing to provide extra collateral, REDD reported, citing holders of the bond. A source familiar with the matter told Reuters Evergrande Chairman Hui Ka Yan has agreed to pump in personal wealth into a Chinese residential project tied to the bond to ensure it gets completed, paving the way for bondholders to get their dues. The bondholders agreed to the proposal to avoid a messy collapse of the developer or a drawn-out legal battle, the source added. Evergrande did not respond to Reuters requests for comment. News of the extension came after Evergrande said on Wednesday it had scrapped a deal to sell a 50.1% stake in Evergrande Property Services Group Ltd to Hopson Development Holdings Ltd as the smaller rival had not met the "prerequisite to make a general offer". Both sides traded blame for the deal failure, with Hopson saying it does not accept "there is any substance whatsoever" to Evergrande's termination of the sales agreement, and it is exploring options to protect its legitimate interests. The deal is the developer's second to collapse amid its scramble to raise cash in recent weeks. Two sources told Reuters last week the $1.7 billion sale of its Hong Kong headquarters had failed amid buyer worries over Evergrande's financial situation. The setback also comes just ahead of the expiry of a 30-day grace period for Evergrande to pay $83.5 million in coupon payments for an offshore bond, at which time China's most indebted developer would be considered in default. Evergrande, in an exchange filing on Wednesday, said the grace periods for the payment of the interest on its U.S. dollar-denominated bonds that had become due in September and October had not expired. It did not elaborate. "The scrapped transaction has made it even more unlikely for it (Evergrande) to pull a rabbit out of a hat at the last minute," said a lawyer representing some creditors, requesting anonymity as he was not authorised to speak to the media. "Given where things are with the missed payments and the grace period running out soon, people are bracing for a hard default. We'll see how the company addresses this in its negotiations with creditors." REASSURANCES Trading in the Hong Kong-listed shares of China Evergrande, its property services unit and Hopson all resumed on Thursday after a more than two-week suspension. Evergrande lost 12% and its property services unit dropped 6.5%, while its electric vehicle arm plunged as much as 10.6%. Shares of Hopson rose 5%. Mainland China's CSI 300 real estate index gained nearly 4%. Evergrande was once China's top-selling developer but is now reeling under more than $300 billion of debt, prompting government officials to come out in recent days to say the firm's problems will not spin out of control and trigger a broader financial crisis. Ratings agency Fitch said China's attempts to preserve strengthened risk controls over the property sector without magnifying a growth slowdown illustrate the difficult trade-offs its policymakers are facing. If policy easing is too cautious, stress could spread to other parts of the economy and the financial system, while a substantial loosening of credit conditions could raise system leverage and set back efforts to control financial risks, it added. Since the government started clamping down on corporate debt in 2017, many real estate developers have turned to off-balance-sheet vehicles to borrow money and skirt regulatory scrutiny, analysts and lawyers said. Statements from other property developers on Thursday exacerbated investor concerns of contagion. Chinese Estates Holdings Ltd said it would book a loss of $29 million in its current fiscal year from the sale of bonds issued by property developer Kaisa Group Holdings Ltd. And Modern Land (China) Co Ltd said it had ceased seeking consent from investors to extend the maturity date of a dollar bond due on Oct. 25. It said it plans to engage a financial adviser to come up with a solution to its liquidity issues. The company's Hong Kong-listed shares were suspended from trading on Thursday, while its bonds slumped. Its 11.95% March 2024 bond traded down nearly 20% at below 21 cents, according to data provider Duration Finance. Kaisa saw its 11.65% June 2026 bond fall more than 8.5% to 28.8 cents. Modern Land's decision weighed on investors' mood, said Clarence Tam, fixed income portfolio manager at Avenue Asset Management in Hong Kong. "The market is worried all single-B companies will choose not to pay," he said. Investor concerns were not confined to offshore markets. A Sept. 2023 bond from developer Aoyuan Group Co was the biggest loser of the day among corporate bonds on the Shanghai Stock Exchange, according to exchange data, falling 10% to trade at 88.65 yuan.

133 Replies 8 👍 12 🔥

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@mzx9 #droscrew
recently

The real question is can we see /CL Oil above $100 ?

84 Replies 10 👍 14 🔥

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@RedSunCap #droscrew
recently

real gainzzz

137 Replies 12 👍 7 🔥

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@maletone #StockTraders.NET
recently

got short but real tight stop

65 Replies 8 👍 10 🔥

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@Pyrognosis #droscrew
recently

Several months back, additional easing from the PBoC by the end of 2021 was seen as a foregone conclusion. It was just a matter of which levers they’d pull. Now, though, market participants increasingly doubt broad-based easing is forthcoming. Even another RRR cut (i.e., in addition to July’s move) is seen as unlikely. The central bank turned on the OMO spigot ahead of the holiday and delivered a sizable injection on Wednesday, but that’s not easing. That’s just liquidity management. Don’t let the headlines fool you. “We believe the real factor behind the slowing economy is not a shortage of interbank liquidity, but bottlenecks due to property curbs, the energy crunch and COVID-19,” Nomura’s Ting Lu said this week. “With rising inflation, we think the chance of a rate cut is getting much smaller.” LPR was unchanged for an 18th month (figure below) Wednesday. (The fix comes on the 20th of each month.)

72 Replies 8 👍 11 🔥

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@nepestheone #StockTraders.NET
recently

nice call bro for real

104 Replies 15 👍 6 🔥

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@eromosei_dreams #Market Masters Academy
recently

thanks > @fxjerica said: yes its real i have the accelerated conventional with them

145 Replies 14 👍 10 🔥

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@fxjerica #Market Masters Academy
recently

yes its real i have the accelerated conventional with them

99 Replies 8 👍 8 🔥

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@eromosei_dreams #Market Masters Academy
recently

If any,please how is it? and the withdraws? is it real?

77 Replies 8 👍 13 🔥

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@dros #droscrew
recently

yeah it's shaping up for some real grease > @Schmidy23 said: only buyers are higher as I like to say

91 Replies 6 👍 6 🔥

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@Pyrognosis #droscrew
recently

In a Tuesday note, Nomura’s Charlie McElligott flagged what he described as “a critical phase shift occurring in real-time.” “By the end of last week, we moved into the ‘Slowdown’ phase for the first time since June 2018, and out of the legacy ‘Expansion’ phase entered into on March 18,” he wrote, referring to the bank’s quadrant framework.

66 Replies 7 👍 12 🔥

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@dros #droscrew
recently

that's real bullish

56 Replies 12 👍 6 🔥

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@Snowcow #droscrew
recently

but meme money is still real money

105 Replies 8 👍 12 🔥

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@DarkPoolAlgo #Dark Pool Charts
recently

Tuesday, October 19, 2021 Futures Up/Down % Last Dow 125.00 0.34% 35,254 S&P 500 2o.25 0.45% 4,497 Nasdaq 52.50 0.34% 15,343 U.S. stock markets are looking to open higher, extending the winning streak for the S&P 500 to 5-days ahead of a busy morning of quarterly earnings, including vaccine maker and Dow component Johnson & Johnson (JNJ) and Procter & Gamble (PG). A modest pullback in 10-year Treasury note yields, which traded at 1.584% overnight, and a weaker U.S. dollar are also providing early support Tuesday. Oil prices look to extend gains, with WTI crude and Brent pushing higher. In Asian markets overnight, The Nikkei Index jumped 190 points to 29,215, the Shanghai Index rose 25 points to 3,593, and the Hang Seng Index climbed 377 points (1.49%) to 25, 787. In Europe, the German DAX is up a few points to trade just under 15,500, while the FTSE 100 also edges higher above the 7,200 level. U.S. stocks finished higher on Monday as investors prepare for strong earnings this week with 72 of the S&P 500 expected to report this week while overlooking worries over inflation, supply-chain issues and energy supply as oil prices closed higher again. Data Sunday night showed growth in China slowed to 4.9% for 3Q, hurt by a crackdown on tech, and real estate as well as power-shortage and supply-chain problems. Heavy weight tech stocks helped paced gains again on Monday ahead of key earnings from Netflix tonight and Tesla, Intel later this week. Small cap stocks, banks and energy were among underperformers as the Dow Jones Industrial Average finished Monday lower. Market Closing Prices Yesterday The S&P 500 Index gained 15.09 points, or 0.34%, to 4,486.46 The Dow Jones Industrial Average fell -36.15 points, or 0.10%, to 35,258.61 The Nasdaq Composite spiked 124.47 points, or 0.84%, to 15,021.81 The Russell 2000 Index advanced 2.19 points, or 0.10% to 2,267.84 Events Calendar for Today 7:45 AM ET ICSC Weekly Retail Sales 8:30 AM ET Housing Starts MoM for September 8:30 AM ET Building Permits MoM for September 8:55 AM ET Johnson/Redbook Weekly Sales 4:30 PM ET API Weekly Inventory Data Earnings Calendar: Earnings Before the Open: BK, CBSH, DOV, FITB, FMBI, HAL, IRDM, JNJ, KSU, MAN, MRTN, ONB, PG, PM, SBNY, SI, SNV, SYF, TRV Earnings After the Close: EQBK, FULT, IBKR, ISRG, LRN, NFLX, OMC, PZN, SMBK, UAL, UCBI, WDFC, WTFC Other Key Events: Google ($GOOGL) announced a virtual event for October 19th at 1PM ET / 10AM PT, officially introducing the Pixel 6 and Pixel 6 Pro The European Society of Gene and Cell Therapy (ESGCT) Congress 2021 is taking place virtually this year from October 19-22 Needham Virtual Global Access Inaugural Needham Biotech Private Company Virtual 1×1 Forum, 10/19-10/20 Macro Up/Down Last Nymex 0.99 83.43 Brent 0.53 84.86 Gold 14.10 1,781.70 EUR/USD 0.0055 1.1663 JPY/USD -0.21 114.09 10-Year Note +0.008 1.592% World News Senate Democrats on Tuesday will unveil a scaled-back version of a Biden administration proposal to crack down on wealthy tax cheats after conservative groups and the bank industry raised major privacy concerns, three people with knowledge of the coming announcement said, the Washington Post reported. Initially, the Department of Treasury and Senate Democrats had proposed requiring financial institutions to provide the Internal Revenue Service with additional information on bank accounts with more than $600 in annual deposits or withdrawals RBA Minutes of Oct Meeting: Reiterates they won’t hike rates until CPI is stably in 2-3% target band, central estimate is that economy will return to growth in Dec Qtr of this year & to pre Delta path in H2 2022, Delta interrupted Australian economic recovery, less accommodative policy would all else equal , see lower housing prices/credit growth but would also result in fewer jobs & lower wages Sector News Breakdown Consumer Tupperware Brands Corporation ($TUP) announces the entry into a definitive agreement for the sale of its House of Fuller beauty business in Mexico Energy, Industrials and Materials Halliburton ($HAL) Q3 adj EPS $0.28 vs. est. $0.28 on revs $3.86B vs. est. $3.9B Hexcel Corp. ($HXL) Q3 adj EPS $0.13 vs. est. $0.08; Q3 sales rise 16% YoY to $333.8M vs. est. $348.7M; commercial aerospace sales rise 30% YoY to $167.2M, space & defense sales up 1.5% YoY to $110.4M and industrial sales rise 14% YoY to $56.2M Steel Dynamics ($STLD) Q3 adj EPS $4.96 vs. est. $4.57; Q3 revs $5.1B vs. est. $4.98B; believe shipments could be in range of 2.0 mln tons to 2.2 mln tons in 2022; Record steel and steel fabrication operating income of $1.4 billion and $89 million, respectively; record cash flow from operations of $631 million and record adjusted EBITDA of $1.4 billion TechnipFMC ($FTI) and Talos Energy ($TALO) announced that they have entered into a long-term strategic alliance to develop and deliver technical and commercial solutions to Carbon Capture and Storage projects along the United States Gulf Coast AgEagle Aerial Systems ($UAVS) entered into a definitive agreement to buy Sensefly from Parrot at a valuation of $23M in cash and stock Financials Crypto stocks ($COIN, $MARA, $RIOT, $MSTR) in the spotlight as Bitcoin continued its climb toward all-time highs (last above $62K), bolstered by optimism over the launch of the first Bitcoin futures exchange-traded fund in the U.S. on Tuesday Silvergate Capital ($SI) Q3 EPS $0.88 vs. est. $0.71; did not record a provision for loan losses for the Q3, Q2 or Q3 of FY20 as a result of management’s assessment of the level of the allowance for loan losses, and the amount and mix of the loan portfolio, among other factors; book value per common share was $33.10, compared to $32.84 at June 30, and $15.18 at September 30, 2020 Bank of New York ($BK) Q3 EPS $1.04 vs. est. $0.99; Q3 revs $4.0B vs. est. $3.95B; qtrly total noninterest expense of $2.9 billion, increased 9%; at qtr end, aum of $2.3 trillion, increased 13%; qtrly total fee and other revenue of $3.39 bln vs $3.14 bln; qtrly asset servicing fees $1.22 bln vs $1.17 bln Commerce Bancshares ($CBSH) q3 eps $1.05 vs. Est. $0.99, q3 revenue $351.54m vs. Est. $349.85m Fifth Third ($FITB) Q3 EPS $0.97 vs. est. $0.91; raises dividend by 11%; Q3 NII $1.19B vs. $1.17B Synovus ($SNV) Q3 adj EPS $1.20 vs. est. $1.08; Q3 net charge-off ratio declined 6 bps from prior quarter to 0.22%; the non-performing loan and asset ratios each fell 1 bp to 0.41% and 0.45%, respectively; and criticized and classified loans declined 22% Credit Suisse ($CS) is in discussions with the U.S. government to settle a criminal investigation regarding the bank’s role in a $42B Mozambique bond scandal – Bloomberg Berkshire Hills Bancorp, Inc. ($BHLB) has entered into a partnership with Upstart (UPST), a leading artificial intelligence (AI) lending platform designed to improve access to affordable credit while reducing the risk and costs of lending. Equity LifeStyle Property ($ELS) 3Q adj FFO/share $0.65 vs. est. $0.62 on revs $332.9Mm vs est. $171.1Mm EverQuote ($EVER) guides 3Q revs $106.5-107.5Mm vs est. $110.2Mm; sees 3Q net loss $6.0-5.5Mm vs est. net loss $4.7Mm; plans to implement approx 10% structure reduction in non-marketing op exp FB Financial ($FBK) 3Q adj EPS $0.89 vs est. $0.81, NII on tax-equivalent basis $89.2Mm vs est. $88.5Mm PacWest Bancorp ($PACW) 3Q EPS $1.17 vs est. $1.03; NII $279.8Mm vs est. $278.4Mm ServisFirst Bancshares, Inc. ($SFBS) Q3 EPS $0.96, in-line with estimates; Total loans grew $163.1 million, or 8% annualized, during the quarter, while loans, excluding the impact of Paycheck Protection Program (“PPP”) loan forgiveness, grew $370.4 million, or 18% annualized; Book value per share increased to $20.56, a 17% increase year-over-year Zions Bancorp ($ZION) Q3 EPS $1.45 vs. est. $1.33; loan growth excluding PPP loans, was 5.6% on an annualized basis; reported continued strong deposit growth at an annualized pace of 9.3%; announced $46 million reversal of loss reserves into income (compared to positive +$55 mln); qtrly net interest income remained stable at $555 million Healthcare Johnson & Johnson ($JNJ) Q3 adj EPS $2.60 vs. est. $2.35; Q3 revs $23.34B vs. est. $23.72B; maintained its 2021 sales forecast for its COVID-19 vaccine at $2.5 billion and reported $502 million in sales of the single-dose shot in Q3; raises FY21 adjusted EPS view to $9.65-$9.70 from $9.50-$9.60 and boosts FY21 revenue view to $94.1B-$94.6B from $93.8B-$94.6B (est. $94.3B) Sage Therapeutics ($SAGE) and Biogen ($BIIB) announce plans to submit a new drug application (NDA) for Zuranolone to the U.S. FDA in the second half of 2022 with rolling submission expected to start in early 2022 Following the pre-NDA meeting, the companies confirmed the current efficacy and safety databases are expected to be adequate for filing with confirmed pathways for MDD and PPD. The planned initial submission package will be for the treatment of MDD with an anticipated PPD filing thereafter The FDA intends to allow Americans to get a different COVID-19 vaccine as a booster from the one that originally had, The New York Times’ reported, which could reduce the appeal of Johnson & Johnson ($JNJ) vaccine and provide flexibility to doctors and other vaccinators The U.S. FDA has approved Reddy’s Laboratories’ ($RDY) generic version of Bristol-Myers Squibb’s ($BMY) multiple myeloma treatment Revlimid (lenalidomide) capsules. Calithera Biosciences ($CALA) is acquiring two clinical-stage compounds from Takeda Pharmaceutical (TAK) to bolster its precision oncology pipeline in a cash and stock deal; Calithera will pay $10M upfront cash and $35M in Calithera Series A preferred stock. Entasis Therapeutics ($ETTX) announces positive topline results for sulbactam-durlobactam (SUL-DUR) from Phase 3 ATTACK trial; SUL-DUR first to achieve statistical non-inferiority in 28-day all-cause mortality in carbapenem-resistant Acinetobacter ($CRAB) patients; Statistically significant difference in clinical cure at Test of Cure vs. colistin; targeting NDA submission in mid-2022 Paratek Pharmaceuticals ($PRTK) announces enrollment of first patient in phase 2b study evaluating Nuzyra® (omadacycline) for nontuberculous mycobacterial pulmonary disease caused by mycobacterium abscesses complex Technology, Media & Telecom Micron ($MU): Commodity DRAM prices likely to fall 15-20% in 1Q22. Following peak shipments in the second and third quarters, the memory sector has entered a period of correction in the fourth quarter of 2021 that may last for 1-2 quarters, and commodity DRAM prices, in particular, will face higher downward pressure – Digitimes.com https://bit.ly/3G2l5D5

99 Replies 11 👍 12 🔥

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@lucullus #droscrew
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i actually thought we would test lower one emore time before the real rip started, but maybe i was wrong 🤷‍♂️

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@marketjay #marketassasins
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Good morning guys, earning season is here and SYF as expected with a nice beat on earnings, real pre market activity wont kick in until 8:00am est

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@maletone #StockTraders.NET
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real quick .30 pull

124 Replies 7 👍 9 🔥

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@Benlax #droscrew
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it's pintok now > @bronco said: $PINS gonna heat up real soon

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@c4n #Crypto4Noobs
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Tokens.com acquire 50% stake in virtual real-estate firm Metaverse Group https://cointelegraph.com/news/tokens-com-acquire-50-stake-in-virtual-real-estate-firm-metaverse-group

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@bronco #droscrew
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$PINS gonna heat up real soon

131 Replies 9 👍 6 🔥

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@Pyrognosis #droscrew
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but the bear flattener is real

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@dros #droscrew
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I'm sure he'll do real well

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@bunnytoad69 #droscrew
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$HD still being a real bae

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@c4n #Crypto4Noobs
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Blockchain brings the sharing economy to real estate investing https://cointelegraph.com/news/blockchain-brings-the-sharing-economy-to-real-estate-investing

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@RedSunCap #droscrew
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real creepy

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@DarkPoolAlgo #Dark Pool Charts
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Monday, October 18, 2021 U.S. equity futures are looking lower after posting strong gains last week, with oil prices extending their near-term rally into a ninth consecutive week, as concerns over surging inflation pressures and the weakest China growth rate in more than a year tamed optimism linked to a strong start to the third quarter earnings season. Chinese Q3 GDP missed, rising +0.2% q/q vs 0.5% consensus, and was +4.9% y/y vs 5.2% consensus amid a rolling power crisis, supply chain disruptions and a crackdown on the tech sector. In the U.S., the earnings flood begins this week with 72 names in the S&P 500 expected to report quarterly results this week. In corporate news today, Apple (AAPL) is holding its second major launch event of the Fall where it is expected to unveil the first redesign of its MacBook Pro laptop in at least five years (starts at 1:00 PM ET). In Asian markets, The Nikkei Index dipped -43 points to 29,025, the Shanghai Index slipped a few points to settle at 3,568, and the Hang Seng Index rose 78 points to 25,409. In Europe, the German DAX is lower by -0.6% or nearly 100-points to drop below 15,500, while the FTSE 100 dips -0.3% to hold above the 7,200 level. U.S. stocks look to build on last week’s gains where large-cap tech names propelled the advance Friday, with shares of Amazon.com (AMZN) and Tesla (TSLA) each rising more than 3% on no specific news, while the SmallCap Russell 2000 underperformed, falling -0.35% as investors bailed on value stocks for growth stocks. Strong quarterly earnings from Dow component Goldman Sachs (GS) also boosted financials as investors prepare for a flood of reports next week. Shares of cryptocurrency and blockchain-related firms gained last week as bitcoin topped $60,000 for the first time since April, with expectations growing that U.S. regulators would allow a futures-based ETF. Market Closing Prices Yesterday The S&P 500 Index jumped 33.11 points, or 0.75%, to 4,471.37 The Dow Jones Industrial Average rose 382.20 points, or 1.09%, to 35,294.76 The Nasdaq Composite climbed 73.91 points, or 0.50%, to 14,897.34 The Russell 2000 Index declined -8.52 points, or 0.37% to 2,265.65 Events Calendar for Today 9:15 AM ET Industrial Production MoM for September…est. +0.2% 9:15 AM ET Capacity Utilization for September…est. 76.5% 10:00 AM ET NAHB Housing Market Index for October…est. 76 4:00 PM ET Net Long-term TIC Flows for August Earnings Calendar: Earnings Before the Open: ACI, GNTY, STT Earnings After the Close: CFB, ELS, FBK, FNB, HXL, PACW, SFBS, STLD, ZION Other Key Events: Apple (AAPL) announces October 18th event (New MacBooks, a Mac Mini, and AirPods are anticipated) Macro Up/Down Last Nymex 1.43 83.71 Brent 1.11 85.97 Gold -6.70 1,763.50 EUR/USD -0.0012 1.1586 JPY/USD 0.15 114.37 10-Year Note +0.042 1.618% World News China’s industrial output rose +3.1% in September from a year earlier, missing expectations of up +4.5%, and slowing from 5.3% in August, official data showed. Retail sales grew +4.4% in September on-year, compared with a forecast 3.3% increase and a 2.5% rise in August. Fixed asset investment increased +7.3% in the first nine months from the same period a year earlier, missing expectations for a +7.9% rise Chinese Q3 GDP missed, rising +0.2% q/q vs 0.5% consensus; +4.9% y/y vs 5.2% consensus; Chinese Q3 GDP YTD missed +9.8% y/y vs 10.1% consensus; Chinese Sep Unemployment Rate lower: 4.9% vs 5.1% consensus Sector News Breakdown Consumer Lennar ($LEN) said its board increased share repurchase authorization by up to the lesser of $1 billion in purchase price, or 25 million in shares, of the outstanding Class A or Class B common stock Zillow Group ($ZG) is taking a break from buying U.S. homes after the online real estate giant’s pivot into tech-powered house-flipping hit a snag, Bloomberg reported saying after buying more than 3,800 homes in Q2, it will stop pursuing new home purchases as it works through a backlog of properties already in its pipeline Energy, Industrials and Materials S. crude oil futures closed at fresh seven-year highs last week at $82.28 for WTI crude and $8.86 for Brent as a natural gas supply crunch in Europe and optimism about demand in the U.S. continued to propel the recent rally. For the week, WTI rose 3.7% and Brent added 3%, the eighth straight weekly gain for both. Occidental Petroleum ($OXY) upgraded to Buy from Hold at Truist Steel Dynamics ($STLD) downgraded to Equal Weight from Overweight at Morgan Stanley and firm also downgraded S. Steel (X) to Underweight from Equal Weight Virgin Galactic ($SPCE) downgraded to Sell from Neutral at UBS with $15 tgt Healthcare Biogen Inc’s ($BIIB) said a late-stage experimental treatment for an inherited form of amyotrophic lateral sclerosis (ALS) failed to reach its main goal, but secondary measures and biomarkers showed favorable trends. Tofersen is designed to suppress the production of SOD1, a protein that can accumulate to toxic levels in ALS patients with mutations in a specific gene. Revance ($RVNC) shares fell over -30% late Friday after the FDA declined to approve its frown line injection treatment, citing issues with the company’s manufacturing facility; o other concerns were raised by the agency Avadel ($AVDL) shares slide over -20% after saying the U.S. FDA notified the co that the agency is still reviewing the marketing application of its sleep disorder drug, FT218, and the decision will likely not be taken this month (prior review was expected by Oct. 15) Omeros Corporation ($OMER) said they received a Complete Response Letter (CRL) from the U.S. FDA regarding its Biologics License Application ($BLA) for narsoplimab in the treatment of hematopoietic stem cell transplant-associated thrombotic microangiopathy ($HSCT-TMA). PTC Therapeutics ($PTCT) downgraded to Underperform from Neutral at Bank America with a $38 price target Oyster Point Pharma ($OYST) announced that the FDA has approved Tyrvaya Nasal Spray 0.03 mg for the treatment of the signs and symptoms of dry eye disease MeiraGTx ($MGTX) mentioned positively in Barron’s saying shares could more than double as the company will present its gene-regulating “switches” at next week’s conference of the European Society of Gene and Cell Therapy, and to Wall Street investors in mid-December. Notes shares have fallen from a 2019 peak of $30 to a recent $14, leaving its market cap below $600 million The plan to roll out Merck & Co’s ($MRK) promising antiviral pill to treat COVID-19 risks repeating the inequities of vaccine distribution, potentially leaving the nations with the greatest need once again at the back of the line, international health groups say – Reuters Technology, Media & Telecom Dell Inc. ($DELL) with a positive mention in Barron’s saying the company is about to become much more attractive to investors as it prepares to spin off its valuable stake in software maker VMware (VMW) in early November, arguing that Dell will emerge with a solid balance sheet and simpler structure. Netflix ($NFLX) estimates that its latest megahit, “Squid Game,” will create almost $900 million in value for the company, and only cost about $21M to make. Netflix estimates that 89% of people who started the show watched at least 75 minutes – more than one episode – and 66% of viewers, or 87 million people, have finished the series in the first 23 days Disney ($DIS) downgraded to Equal Weight from Overweight at Barclays and cut tgt to $175 from $210 Members of a congressional committee questioned whether Amazon (AMZN) executives misled them during an investigation of the company’s business practices and if they may have lied under oath – WSJ reports Upstart ($UPST) downgraded to Underperform from Neutral at Bank America saying the LT thesis intact, but near-term upside priced in

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@DaveDixon #CoreTrader
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UK Market Snapshot UK markets finished higher on Friday, buoyed by gains in energy and banking sector stocks. Mediclinic International surged 12.3%, after the private healthcare provider reported an increase in its revenue in the first quarter helped by a surge in patient activity across its three divisions. International Consolidated Airlines Group advanced 3.3%, after the government said that fully vaccinated passengers and children arriving in England from non-red list can undergo a lateral flow test instead of costly PCR tests. Jupiter Fund Management added 3.3%, after the company reported a rise in its assets under management for the three months to 30 September. Harbour Energy rose 2.5%, after a top broker raised its target price on the stock to 425.0p from 380.0p. Antofagasta gained 2.1%, following a rating upgrade on the stock to ‘Sector Perform’ from ‘Underperform’. The FTSE 100 gained 0.4%, to close at 7,234.0, while the FTSE 250 rose 0.5%, to end at 22,984.2. . US Market Snapshot US markets closed higher on Friday, following robust corporate earnings reports and upbeat US retail sales data. J.B. Hunt Transport Services climbed 8.7%, after the company reported better than expected revenue and earnings in the third quarter. Goldman Sachs Group advanced 3.8%, after the lender reported stronger than expected third quarter revenue and earnings. Charles Schwab rose 3.6%, after the brokerage firm reported higher than expected revenue and earnings in the third quarter. Prologis rose 0.9%, after the real-estate investment trust reported upbeat results in the third quarter and lifted its full year outlook. On the contrary, Virgin Galactic Holdings plunged 16.8%, after the company delayed the launch of its commercial space service to the fourth quarter of 2022. Corsair Gaming dropped 8.1%, after the company announced that supply chain issues were impacting its sales. The S&P 500 gained 0.8%, to settle at 4,471.4. The DJIA rose 1.1%, to settle at 35,294.8, while the NASDAQ advanced 0.5%, to close at 14,897.3. . Europe Market Snapshot European markets finished higher on Friday, amid strong corporate earnings reports. Kesko Oyj climbed 6.5%, after a top broker upgraded its rating on the stock to ‘Accumulate’ from ‘Reduce’. Hugo Boss rose 1.1%, as the fashion retailer lifted its outlook for the current year, citing a rise in its earnings in the third quarter. On the other hand, Temenos declined 13.7%, after the lender reported lower than expected revenue in the third quarter. Draegerwerk fell 1.7%, after the medical and safety technology provider reported a drop in its third quarter earnings, following a decline in its sales due to coronavirus pandemic. The FTSEurofirst 300 index gained 0.8%, to close at 1,818.5. Among other European markets, the German DAX Xetra 30 rose 0.8%, to close at 15,587.4, while the French CAC-40 advanced 0.6%, to settle at 6,727.5. . Asia Market Snapshot Markets in Asia are trading mostly lower this morning, as China’s gross domestic product grew less than expected in the third quarter of 2021. In Japan, Nippon Express and M3 have dropped 2.0% and 3.2%, respectively. Meanwhile, Pacific Metals and Inpex have advanced 3.4% and 5.2%, respectively. In Hong Kong, Sino Biopharmaceutical and China Merchants Bank have fallen 1.2% and 2.1%, respectively. Meanwhile, BYD and Sands China have risen 1.3% and 3.8%, respectively. In South Korea, IHQ and Jico have climbed 9.7% and 29.7%, respectively. Meanwhile, DSR and Mhethanol have declined 6.3% and 8.2%, respectively. The Nikkei 225 index is trading 0.3% lower at 28,987.7. The Hang Seng index is trading 0.5% down at 25,201.4, while the Kospi index is trading 0.1% higher at 3,018.8

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Key Metrics

Market Cap

1.13 B

Beta

0

Avg. Volume

2.47 M

Shares Outstanding

91.57 M

Yield

0%

Public Float

0

Next Earnings Date

2021-11-08

Next Dividend Date

Company Information

The RealReal is the world's largest online marketplace for authenticated, resale luxury goods, with more than 20 million members. With a rigorous authentication process overseen by experts, The RealReal provides a safe and reliable platform for consumers to buy and sell their luxury items. The company has hundreds of in-house gemologists, horologists and brand authenticators who inspect thousands of items each day. As a sustainable company, the company gives new life to pieces by thousands of brands across numerous categories-including women's and men's fashion, fine jewelry and watches, art and home-in support of the circular economy. The company makes selling effortless with free virtual appointments, in-home pickup, drop-off and direct shipping. The RealReal does all of the work for consignors, including authenticating, using AI and machine learning to determine optimal pricing, photographing and listing their items, as well as handling shipping and customer service. At its 13 retail locations, including its eight shoppable stores, customers can sell, meet with its experts and receive free valuations.

Website:

HQ: 55 Francisco St Ste 600 San Francisco, 94133-2115 California

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