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2022-01-17

oh no

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2022-01-17

wow!

The Next Metaverse Stock Could Be...Walmart?

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This One Data Point Could Signal a Comeback.","url":"https://stock-news.laohu8.com/highlight/detail?id=1140989079","media":"Barrons","summary":"Adobe stock has been tanking recently—and it’s time for it to make a stand. If it can’t, long-term i","content":"<html><head></head><body><p>Adobe stock has been tanking recently—and it’s time for it to make a stand. If it can’t, long-term investors could be in for a world of hurt.</p><p>Like many software stocks, Adobe (ticker: ADBE) has had a very tough couple of months. Since peaking at $688.37 on Nov. 19, the stock has slid 24%, even worse than the iShares Expanded Tech-Software Sector ETF’s (IGV) 19% drop over the same period. Some of the decline is simply a result of shifting sentiment—the prospect of rate hikes has a way of making investors reconsider stocks with high valuations—but Adobe’s pain has been well earned.</p><p>While the stock had a stellar run after the pandemic—more than doubling off its March 2020 low—shares had already peaked when Adobe released fiscal-fourth-quarter earnings on Dec. 16. It reported a profit of $3.20 a share, meeting forecasts, but offered guidance for a first-quarter profit of $3.35, below estimates for $3.38. The stock fell 8.5% and has been falling ever since.</p><p>Now the stock has a chance to arrest its decline. At $520.60 a share, it is sitting near its 100-week moving average of about $500. That has served as support for the past nine years, notes Evercore ISI technical analyst Rich Ross. And Adobe’s relative strength index—a measure of whether a stock is overbought or oversold—fell to 34 early in the week, its most oversold level since 2011. Together, they could combine to push the stock higher.</p><p>This is the part where we’d like to point out all of the fundamental reasons why Adobe stock looks like a buy. Unfortunately, that’s not easy to do. Its earnings were disappointing enough to allow doubt to creep in, not good for a stock that still trades at 36.7 times earnings. And Adobe isn’t set to report earnings until March 22, so there isn’t much to focus on except the trading—and the fact that an RBC survey showed that it was one of the most popular shorts.</p><p>Even the bulls seem rather subdued. After the miss, Evercore analyst Kirk Materne, who rates the stock Outperform, noted that Adobe missed on digital-media annualized recurring revenue, making it easy to argue that it either faced heightened pressure from smaller competitors or that Covid had boosted growth in 2020 and 2021, and was unlikely to do so going forward. Yet much of the guidance miss was due to a stronger dollar and an extra week, not any meaningful slowdown, Materne writes, though he acknowledged that the stock could face some tough times, at least in the near term. “Until the business gets back into beat/raise mode, we expect the shares are likely to remain in a bit of a trading range,” he wrote.</p><p>Investors won’t get any real answers until Adobe reports earnings in March, but that hasn’t stopped them from trying to game it out. For instance, Jefferies analyst Brent Thill noted that an unnamed system integrator had its best December ever, and continued to forecast about 20% growth for calendar-year 2022, faster than the 14% Digital Experience growth that Adobe forecast. It’s anecdotal, but it suggests that maybe Adobe can still turn things around. “ADBE is still a quality, large-cap growth story,” Thill writes.</p><p>Still, we’ll be watching that 100-week moving average. If it breaks, all bets are off.</p></body></html>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Adobe Stock Has Taken a Beating. This One Data Point Could Signal a Comeback.</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\">\nAdobe Stock Has Taken a Beating. This One Data Point Could Signal a Comeback.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-17 16:51 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.barrons.com/articles/adobe-stock-comeback-51642210050?mod=hp_LATEST><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Adobe stock has been tanking recently—and it’s time for it to make a stand. If it can’t, long-term investors could be in for a world of hurt.Like many software stocks, Adobe (ticker: ADBE) has had a ...</p>\n\n<a href=\"https://www.barrons.com/articles/adobe-stock-comeback-51642210050?mod=hp_LATEST\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ADBE":"Adobe"},"source_url":"https://www.barrons.com/articles/adobe-stock-comeback-51642210050?mod=hp_LATEST","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140989079","content_text":"Adobe stock has been tanking recently—and it’s time for it to make a stand. If it can’t, long-term investors could be in for a world of hurt.Like many software stocks, Adobe (ticker: ADBE) has had a very tough couple of months. Since peaking at $688.37 on Nov. 19, the stock has slid 24%, even worse than the iShares Expanded Tech-Software Sector ETF’s (IGV) 19% drop over the same period. Some of the decline is simply a result of shifting sentiment—the prospect of rate hikes has a way of making investors reconsider stocks with high valuations—but Adobe’s pain has been well earned.While the stock had a stellar run after the pandemic—more than doubling off its March 2020 low—shares had already peaked when Adobe released fiscal-fourth-quarter earnings on Dec. 16. It reported a profit of $3.20 a share, meeting forecasts, but offered guidance for a first-quarter profit of $3.35, below estimates for $3.38. The stock fell 8.5% and has been falling ever since.Now the stock has a chance to arrest its decline. At $520.60 a share, it is sitting near its 100-week moving average of about $500. That has served as support for the past nine years, notes Evercore ISI technical analyst Rich Ross. And Adobe’s relative strength index—a measure of whether a stock is overbought or oversold—fell to 34 early in the week, its most oversold level since 2011. Together, they could combine to push the stock higher.This is the part where we’d like to point out all of the fundamental reasons why Adobe stock looks like a buy. Unfortunately, that’s not easy to do. Its earnings were disappointing enough to allow doubt to creep in, not good for a stock that still trades at 36.7 times earnings. And Adobe isn’t set to report earnings until March 22, so there isn’t much to focus on except the trading—and the fact that an RBC survey showed that it was one of the most popular shorts.Even the bulls seem rather subdued. After the miss, Evercore analyst Kirk Materne, who rates the stock Outperform, noted that Adobe missed on digital-media annualized recurring revenue, making it easy to argue that it either faced heightened pressure from smaller competitors or that Covid had boosted growth in 2020 and 2021, and was unlikely to do so going forward. Yet much of the guidance miss was due to a stronger dollar and an extra week, not any meaningful slowdown, Materne writes, though he acknowledged that the stock could face some tough times, at least in the near term. “Until the business gets back into beat/raise mode, we expect the shares are likely to remain in a bit of a trading range,” he wrote.Investors won’t get any real answers until Adobe reports earnings in March, but that hasn’t stopped them from trying to game it out. For instance, Jefferies analyst Brent Thill noted that an unnamed system integrator had its best December ever, and continued to forecast about 20% growth for calendar-year 2022, faster than the 14% Digital Experience growth that Adobe forecast. It’s anecdotal, but it suggests that maybe Adobe can still turn things around. “ADBE is still a quality, large-cap growth story,” Thill writes.Still, we’ll be watching that 100-week moving average. If it breaks, all bets are off.","news_type":1},"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697826222,"gmtCreate":1642409705249,"gmtModify":1642409705452,"author":{"id":"3575270865059885","authorId":"3575270865059885","name":"lynnleongsy8","avatar":"https://static.tigerbbs.com/ec258e71e81670eb62f24219a77dc61e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"wow!","listText":"wow!","text":"wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697826222","repostId":"1140407050","repostType":4,"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"hots":[{"id":697826568,"gmtCreate":1642409767804,"gmtModify":1642409774942,"author":{"id":"3575270865059885","authorId":"3575270865059885","name":"lynnleongsy8","avatar":"https://static.tigerbbs.com/ec258e71e81670eb62f24219a77dc61e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"oh no","listText":"oh no","text":"oh no","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697826568","repostId":"1140989079","repostType":4,"isVote":1,"tweetType":1,"viewCount":73,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0},{"id":697826222,"gmtCreate":1642409705249,"gmtModify":1642409705452,"author":{"id":"3575270865059885","authorId":"3575270865059885","name":"lynnleongsy8","avatar":"https://static.tigerbbs.com/ec258e71e81670eb62f24219a77dc61e","crmLevel":2,"crmLevelSwitch":0},"themes":[],"htmlText":"wow!","listText":"wow!","text":"wow!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://laohu8.com/post/697826222","repostId":"1140407050","repostType":4,"repost":{"id":"1140407050","weMediaInfo":{"introduction":"Stock Market Quotes, Business News, Financial News, Trading Ideas, and Stock Research by Professionals","home_visible":0,"media_name":"Benzinga","id":"1052270027","head_image":"https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa"},"pubTimestamp":1642409261,"share":"https://www.laohu8.com/m/news/1140407050?lang=&edition=full","pubTime":"2022-01-17 16:47","market":"us","language":"en","title":"The Next Metaverse Stock Could Be...Walmart?","url":"https://stock-news.laohu8.com/highlight/detail?id=1140407050","media":"Benzinga","summary":"A new report indicates one of the world’s largest retailers is pushing into the metaverse, which wou","content":"<html><head></head><body><p>A new report indicates one of the world’s largest retailers is pushing into the metaverse, which would likely support a future multitrillion dollar opportunity for the emerging sector.</p><p><img src=\"https://static.tigerbbs.com/bd09f26f9557c6df3fed805395efad7f\" tg-width=\"1200\" tg-height=\"630\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:Walmart Inc</b> has filed trademarks with the U.S. Patent and Trademark Office for a future presence in the metaverse, according to a report from CNBC.</p><p>A total of seven applications were submitted including a filing to make and sell virtual goods across the categories of electronics, home decorations, toys, sporting goods and personal care products.</p><p>A trademark attorney told CNBC the filings were super intense and signal a real desire to get into the metaverse.</p><p>“There’s a lot of language in these, which shows that there’s a lot of planning going on behind the scenes about how they’re going to address the metaverse and the virtual world that appears to be coming or that’s already here,” trademark attorney<b>Josh Gerben</b>said.</p><p>Gerben told CNBC there has been an increase in companies filing metaverse related trademarks ever since Facebook rebranded as <b>Meta Platforms</b> and signaled its big push into the metaverse.</p><p>“All of a sudden, everyone is like, ‘This is becoming super real and we need to make sure our IP is protected in the space.’”</p><p>Walmart also signaled its intent to launch its own digital currency and non-fungible tokens in the future.</p><p><b>Why It’s Important:</b>The trademark spotlight report from CNBC follows an old video made for Walmart by a marketing agency in 2017 highlighting the metaverse.</p><p>The 2017 video was tweeted by @DigitalisHomo in a post that said “how Walmart envisions shopping in the #metaverse” and viewed 11.4 million times and shared on <b>Twitter Inc</b> over 34,000 times.</p><p><img src=\"https://static.tigerbbs.com/cbe3946855ecf4280e6314db622dc9ca\" tg-width=\"747\" tg-height=\"826\" width=\"100%\" height=\"auto\"/></p><p><b>Nike Inc</b> has signaled its intentions to push further into the virtual world with the acquisition of digital sneaker company <b>RTFKT</b> and a collaboration with <b>Roblox Corp</b> for Nikeland.</p><p><b>Adidas</b> partnered with several well-known NFT projects to launch its own NFTs and plans on growing in the space.</p><p>The announcement of NFTs by Walmart come as many public and large companies are appealing to new and legacy fan bases.</p><p><b>PepsiCo</b>,<b>Anheuser-Busch InBev</b> and others have launched NFT collections. Companies like <b>Gap Inc</b> and <b>Coach</b> have launched NFT that also provide utility with a connection to physical items along with the digital goods.</p><p>Walmart has a huge network of customers, and its push into the metaverse could be a major validation moment for the sector. While some have brushed off the metaverse, including <b>Tesla Inc</b> CEO <b>Elon Musk</b> calling it a “marketing buzzword,” others see the opportunity as very real.</p><p>Investors are actively seeking out ways to make money in the metaverse from NFTs, virtual land and public stocks with metaverse plans. The <b>Roundhill Ball Metaverse ETF</b> launched in June 2021 and has amassed over $900 million in assets under management.</p></body></html>","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>The Next Metaverse Stock Could Be...Walmart?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nThe Next Metaverse Stock Could Be...Walmart?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/d08bf7808052c0ca9deb4e944cae32aa);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Benzinga </p>\n<p class=\"h-time\">2022-01-17 16:47</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>A new report indicates one of the world’s largest retailers is pushing into the metaverse, which would likely support a future multitrillion dollar opportunity for the emerging sector.</p><p><img src=\"https://static.tigerbbs.com/bd09f26f9557c6df3fed805395efad7f\" tg-width=\"1200\" tg-height=\"630\" width=\"100%\" height=\"auto\"/></p><p><b>What Happened:Walmart Inc</b> has filed trademarks with the U.S. Patent and Trademark Office for a future presence in the metaverse, according to a report from CNBC.</p><p>A total of seven applications were submitted including a filing to make and sell virtual goods across the categories of electronics, home decorations, toys, sporting goods and personal care products.</p><p>A trademark attorney told CNBC the filings were super intense and signal a real desire to get into the metaverse.</p><p>“There’s a lot of language in these, which shows that there’s a lot of planning going on behind the scenes about how they’re going to address the metaverse and the virtual world that appears to be coming or that’s already here,” trademark attorney<b>Josh Gerben</b>said.</p><p>Gerben told CNBC there has been an increase in companies filing metaverse related trademarks ever since Facebook rebranded as <b>Meta Platforms</b> and signaled its big push into the metaverse.</p><p>“All of a sudden, everyone is like, ‘This is becoming super real and we need to make sure our IP is protected in the space.’”</p><p>Walmart also signaled its intent to launch its own digital currency and non-fungible tokens in the future.</p><p><b>Why It’s Important:</b>The trademark spotlight report from CNBC follows an old video made for Walmart by a marketing agency in 2017 highlighting the metaverse.</p><p>The 2017 video was tweeted by @DigitalisHomo in a post that said “how Walmart envisions shopping in the #metaverse” and viewed 11.4 million times and shared on <b>Twitter Inc</b> over 34,000 times.</p><p><img src=\"https://static.tigerbbs.com/cbe3946855ecf4280e6314db622dc9ca\" tg-width=\"747\" tg-height=\"826\" width=\"100%\" height=\"auto\"/></p><p><b>Nike Inc</b> has signaled its intentions to push further into the virtual world with the acquisition of digital sneaker company <b>RTFKT</b> and a collaboration with <b>Roblox Corp</b> for Nikeland.</p><p><b>Adidas</b> partnered with several well-known NFT projects to launch its own NFTs and plans on growing in the space.</p><p>The announcement of NFTs by Walmart come as many public and large companies are appealing to new and legacy fan bases.</p><p><b>PepsiCo</b>,<b>Anheuser-Busch InBev</b> and others have launched NFT collections. Companies like <b>Gap Inc</b> and <b>Coach</b> have launched NFT that also provide utility with a connection to physical items along with the digital goods.</p><p>Walmart has a huge network of customers, and its push into the metaverse could be a major validation moment for the sector. While some have brushed off the metaverse, including <b>Tesla Inc</b> CEO <b>Elon Musk</b> calling it a “marketing buzzword,” others see the opportunity as very real.</p><p>Investors are actively seeking out ways to make money in the metaverse from NFTs, virtual land and public stocks with metaverse plans. The <b>Roundhill Ball Metaverse ETF</b> launched in June 2021 and has amassed over $900 million in assets under management.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WMT":"沃尔玛"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140407050","content_text":"A new report indicates one of the world’s largest retailers is pushing into the metaverse, which would likely support a future multitrillion dollar opportunity for the emerging sector.What Happened:Walmart Inc has filed trademarks with the U.S. Patent and Trademark Office for a future presence in the metaverse, according to a report from CNBC.A total of seven applications were submitted including a filing to make and sell virtual goods across the categories of electronics, home decorations, toys, sporting goods and personal care products.A trademark attorney told CNBC the filings were super intense and signal a real desire to get into the metaverse.“There’s a lot of language in these, which shows that there’s a lot of planning going on behind the scenes about how they’re going to address the metaverse and the virtual world that appears to be coming or that’s already here,” trademark attorneyJosh Gerbensaid.Gerben told CNBC there has been an increase in companies filing metaverse related trademarks ever since Facebook rebranded as Meta Platforms and signaled its big push into the metaverse.“All of a sudden, everyone is like, ‘This is becoming super real and we need to make sure our IP is protected in the space.’”Walmart also signaled its intent to launch its own digital currency and non-fungible tokens in the future.Why It’s Important:The trademark spotlight report from CNBC follows an old video made for Walmart by a marketing agency in 2017 highlighting the metaverse.The 2017 video was tweeted by @DigitalisHomo in a post that said “how Walmart envisions shopping in the #metaverse” and viewed 11.4 million times and shared on Twitter Inc over 34,000 times.Nike Inc has signaled its intentions to push further into the virtual world with the acquisition of digital sneaker company RTFKT and a collaboration with Roblox Corp for Nikeland.Adidas partnered with several well-known NFT projects to launch its own NFTs and plans on growing in the space.The announcement of NFTs by Walmart come as many public and large companies are appealing to new and legacy fan bases.PepsiCo,Anheuser-Busch InBev and others have launched NFT collections. Companies like Gap Inc and Coach have launched NFT that also provide utility with a connection to physical items along with the digital goods.Walmart has a huge network of customers, and its push into the metaverse could be a major validation moment for the sector. While some have brushed off the metaverse, including Tesla Inc CEO Elon Musk calling it a “marketing buzzword,” others see the opportunity as very real.Investors are actively seeking out ways to make money in the metaverse from NFTs, virtual land and public stocks with metaverse plans. The Roundhill Ball Metaverse ETF launched in June 2021 and has amassed over $900 million in assets under management.","news_type":1},"isVote":1,"tweetType":1,"viewCount":31,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"CN","totalScore":0}],"lives":[]}