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2023-03-31

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Analyst Explains Why Apple and Disney Are "Worth More Together"

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Needham analyst Laura Martin believes the iPhone maker will be worth 15% to 25% more if combined with the Magic Kingdom.</p><p>&#34;We believe that great content and a strong distribution footprint are complementary networks,&#34; Martin wrote Thursday. &#34;That is, both are worth more if they have the other.&#34;</p><p>Martin notes Apple is best at distributing content globally via 2 billion high-end mobile devices owned by 1.25 billion affluent customers. Disney, conversely, excels at creating world-class content that is distributed globally across digital screens, as well as the real world through theaters, parks, hotels and cruises, according to Martin.</p><p>&#34;We argue that the best way to think about AAPL&#39;s valuation, pricing power, competitive advantage period and barriers to entry is through the lens of 1.25B of the wealthiest consumers in the world, using 2B active AAPL devices an average of 4 hours per day,&#34; Martin wrote.</p><p>Disney&#39;s stock was up 1% in late-morning trading Thursday, while shares of Apple are up nearly 1%.</p><p>Speculation surrounding a potential Apple-Disney marriage has percolated for years, dating to the late Steve Jobs&#39;s reign as chief executive in the early 2000s. Disney CEO Bob Iger considered Jobs a close friend and hinted that if not for Jobs&#39;s death in late 2011, the two companies likely would have merged or at least discussed the possibility.</p><p>Before dismissing the notion of two media behemoths melding, consider this: Under Iger, Disney has spent nearly $100 billion snapping up companies such as Pixar (which Jobs ran as CEO), Marvel, Lucasfilm and 21st Century Fox.</p><p>There&#39;s one acquisition Iger has publicly lamented as a transformative deal that got away, however: combining Disney with Apple.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DIS":"迪士尼","AAPL":"苹果"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2323829744","content_text":"For years, it's been touted as the ultimate corporate power couple: Apple Inc. merging with Walt Disney Co.Now, an influential Wall Street analyst believes Apple $(AAPL)$ could acquire Disney $(DIS)$ in a mega-move that makes them worth more together than separately. Needham analyst Laura Martin believes the iPhone maker will be worth 15% to 25% more if combined with the Magic Kingdom.\"We believe that great content and a strong distribution footprint are complementary networks,\" Martin wrote Thursday. \"That is, both are worth more if they have the other.\"Martin notes Apple is best at distributing content globally via 2 billion high-end mobile devices owned by 1.25 billion affluent customers. Disney, conversely, excels at creating world-class content that is distributed globally across digital screens, as well as the real world through theaters, parks, hotels and cruises, according to Martin.\"We argue that the best way to think about AAPL's valuation, pricing power, competitive advantage period and barriers to entry is through the lens of 1.25B of the wealthiest consumers in the world, using 2B active AAPL devices an average of 4 hours per day,\" Martin wrote.Disney's stock was up 1% in late-morning trading Thursday, while shares of Apple are up nearly 1%.Speculation surrounding a potential Apple-Disney marriage has percolated for years, dating to the late Steve Jobs's reign as chief executive in the early 2000s. Disney CEO Bob Iger considered Jobs a close friend and hinted that if not for Jobs's death in late 2011, the two companies likely would have merged or at least discussed the possibility.Before dismissing the notion of two media behemoths melding, consider this: Under Iger, Disney has spent nearly $100 billion snapping up companies such as Pixar (which Jobs ran as CEO), Marvel, Lucasfilm and 21st Century Fox.There's one acquisition Iger has publicly lamented as a transformative deal that got away, however: combining Disney with Apple.","news_type":1},"isVote":1,"tweetType":1,"viewCount":559,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949924836,"gmtCreate":1678320632526,"gmtModify":1678320636306,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949924836","repostId":"2318238911","repostType":4,"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955251406,"gmtCreate":1675471440005,"gmtModify":1676539004924,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955251406","repostId":"1114659751","repostType":4,"repost":{"id":"1114659751","pubTimestamp":1675468481,"share":"https://ttm.financial/m/news/1114659751?lang=&edition=fundamental","pubTime":"2023-02-04 07:54","market":"sg","language":"en","title":"SGX Weekly Review: Super-Rich Chinese, Keppel O&M-Sembcorp Marine Merger, US Federal Reserve and Boustead Industrial Fund","url":"https://stock-news.laohu8.com/highlight/detail?id=1114659751","media":"The Smart Investor","summary":"We review the status of the merger between Keppel and Sembcorp Marine and look at the latest move by","content":"<html><head></head><body><p>We review the status of the merger between Keppel and Sembcorp Marine and look at the latest move by the US Central Bank.</p><p><img src=\"https://static.tigerbbs.com/ce197f1f16ca18dfcbb8635b7ef8e60b\" tg-width=\"800\" tg-height=\"533\" referrerpolicy=\"no-referrer\"/></p><h2>Super wealthy Chinese</h2><p>Singapore has seen a fresh influx of wealth into the city-state since 2021 after it became one of the first Asian cities to significantly relax pandemic restrictions.</p><p>In particular, the country has seen wealthy Chinese flow in as they became disillusioned with China’s draconian COVID-19 measures.</p><p>The number of family offices sprouting up here has surged to around 700 in 2021 from just 400 previously.</p><p>Along with the influx, Singapore’s assets under management (AUM) also grew 16% year on year to S$5.4 trillion in 2021.</p><p>This growth looks set to continue as Singapore is also providing support for family offices through targeted tax incentives.</p><h2>Keppel Corporation Limited (SGX: BN4) and Sembcorp Marine Ltd (SGX: S51)</h2><p>It has been 10 months since Keppel Corporation and Sembcorp Marine first announced a merger.</p><p>Back in October last year, the terms were revised such that Sembcorp Marine will acquire the offshore and marine (O&amp;M) division of Keppel Corporation.</p><p>In December 2022, Keppel Corporation’s shareholders voted nearly unanimously for the deal to go through, logging a 99.96% approval percentage.</p><p>Next, Sembcorp Marine will hold its extraordinary general meeting on 16 February to allow its shareholders to vote on this merger.</p><p>Independent financial advisers appointed by Sembcorp Marine view the deal as fair and reasonable and recommend that shareholders vote in favour of the transaction.</p><p>If the deal is approved, Sembcorp Marine shareholders will end up owning 46% of the enlarged entity while Keppel Corporation will retain 54%, out of which it will distribute 49% through a dividend-in-specie.</p><h2>US Federal Reserve</h2><p>The US Federal Reserve made its first interest rate move this year by raising the benchmark rate by 0.25 percentage points.</p><p>The new rate now stands between 4.5% and 4.75%, the highest level since October 2007.</p><p>The central bank has acknowledged that disinflation, the slowing down in the pace of inflation, has taken root.</p><p>December’s inflation reading came in at 4.4%, down from the 4.7% registered in November, and was the slowest annual rate of increase since October 2021.</p><p>This 0.25% hike marks a slowdown from the 0.5% increase back in December and is a far cry from the four consecutive 0.75% increases for each of its four meetings from June to November 2022.</p><p>Despite the lower increase, the Federal Reserve has reiterated that further increases in interest rates will be necessary to bring inflation down to its targeted 2% level.</p><p>However, the extent of these hikes is not cast in stone and will depend on how inflation, the economy and the stock market fare.</p><p>Investors have cheered the expected slower pace of increases and are hanging on the “disinflation” word to send stock markets higher.</p><p>In January alone, the S&amp;P 500 Index has gained 6.2% while the technology-heavy NASDAQ Composite Index has shot up 10.7%.</p><h2>Boustead Projects Limited (SGX: AVM)</h2><p>Boustead Projects Limited, or BPL, has just announced that its private real estate fund, Boustead Industrial Fund (BIF), has made its first acquisition in the open market.</p><p>BIF has partnered with <b>Metro Holdings Ltd</b> (SGX: M01) and an independent institutional third party to jointly acquire J’Forte Building for S$98.8 million, excluding the upfront land premium payable to Jurong Town Corporation (JTC).</p><p>The property is an eight-storey high-specification industrial building located at 26 Tai Seng Street.</p><p>It sits in a prime location with good accessibility to Tai Seng MRT station and the Kallang-Paya Lebar and Pan-Island Expressways.</p><p>BPL will subscribe for a 49% stake in units of BIF along with 7% notes due 2031 to help fund this purchase.</p><p>With this acquisition, BIF’s total number of properties will increase to 16, up from 14 in its initial portfolio.</p><p>The total AUM for BIF will be approximately S$749 million with a very high committed occupancy rate of 98% and a long weighted average lease expiry (WALE) of 6.1 years.</p><p>The seller of the property, Suki Sushi Pte Ltd, will then lease back 60% of the property.</p><p>BIF believes that J’Forte Building is attractive as it has a long remaining land tenure of about 44 years and has a long WALE with a 10-year leaseback by the seller.</p><p>Also, the property is zoned for food processing operations and there is a limited supply of properties with this type of zoning in the vicinity.</p></body></html>","source":"lsy1602567310727","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>SGX Weekly Review: Super-Rich Chinese, Keppel O&M-Sembcorp Marine Merger, US Federal Reserve and Boustead Industrial Fund</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\">\nSGX Weekly Review: Super-Rich Chinese, Keppel O&M-Sembcorp Marine Merger, US Federal Reserve and Boustead Industrial Fund\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-02-04 07:54 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-super-rich-chinese-keppel-om-sembcorp-marine-merger-us-federal-reserve-and-boustead-industrial-fund/><strong>The Smart Investor</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>We review the status of the merger between Keppel and Sembcorp Marine and look at the latest move by the US Central Bank.Super wealthy ChineseSingapore has seen a fresh influx of wealth into the city-...</p>\n\n<a href=\"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-super-rich-chinese-keppel-om-sembcorp-marine-merger-us-federal-reserve-and-boustead-industrial-fund/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数","BN4.SI":"吉宝有限公司"},"source_url":"https://thesmartinvestor.com.sg/top-stock-market-highlights-of-the-week-super-rich-chinese-keppel-om-sembcorp-marine-merger-us-federal-reserve-and-boustead-industrial-fund/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114659751","content_text":"We review the status of the merger between Keppel and Sembcorp Marine and look at the latest move by the US Central Bank.Super wealthy ChineseSingapore has seen a fresh influx of wealth into the city-state since 2021 after it became one of the first Asian cities to significantly relax pandemic restrictions.In particular, the country has seen wealthy Chinese flow in as they became disillusioned with China’s draconian COVID-19 measures.The number of family offices sprouting up here has surged to around 700 in 2021 from just 400 previously.Along with the influx, Singapore’s assets under management (AUM) also grew 16% year on year to S$5.4 trillion in 2021.This growth looks set to continue as Singapore is also providing support for family offices through targeted tax incentives.Keppel Corporation Limited (SGX: BN4) and Sembcorp Marine Ltd (SGX: S51)It has been 10 months since Keppel Corporation and Sembcorp Marine first announced a merger.Back in October last year, the terms were revised such that Sembcorp Marine will acquire the offshore and marine (O&M) division of Keppel Corporation.In December 2022, Keppel Corporation’s shareholders voted nearly unanimously for the deal to go through, logging a 99.96% approval percentage.Next, Sembcorp Marine will hold its extraordinary general meeting on 16 February to allow its shareholders to vote on this merger.Independent financial advisers appointed by Sembcorp Marine view the deal as fair and reasonable and recommend that shareholders vote in favour of the transaction.If the deal is approved, Sembcorp Marine shareholders will end up owning 46% of the enlarged entity while Keppel Corporation will retain 54%, out of which it will distribute 49% through a dividend-in-specie.US Federal ReserveThe US Federal Reserve made its first interest rate move this year by raising the benchmark rate by 0.25 percentage points.The new rate now stands between 4.5% and 4.75%, the highest level since October 2007.The central bank has acknowledged that disinflation, the slowing down in the pace of inflation, has taken root.December’s inflation reading came in at 4.4%, down from the 4.7% registered in November, and was the slowest annual rate of increase since October 2021.This 0.25% hike marks a slowdown from the 0.5% increase back in December and is a far cry from the four consecutive 0.75% increases for each of its four meetings from June to November 2022.Despite the lower increase, the Federal Reserve has reiterated that further increases in interest rates will be necessary to bring inflation down to its targeted 2% level.However, the extent of these hikes is not cast in stone and will depend on how inflation, the economy and the stock market fare.Investors have cheered the expected slower pace of increases and are hanging on the “disinflation” word to send stock markets higher.In January alone, the S&P 500 Index has gained 6.2% while the technology-heavy NASDAQ Composite Index has shot up 10.7%.Boustead Projects Limited (SGX: AVM)Boustead Projects Limited, or BPL, has just announced that its private real estate fund, Boustead Industrial Fund (BIF), has made its first acquisition in the open market.BIF has partnered with Metro Holdings Ltd (SGX: M01) and an independent institutional third party to jointly acquire J’Forte Building for S$98.8 million, excluding the upfront land premium payable to Jurong Town Corporation (JTC).The property is an eight-storey high-specification industrial building located at 26 Tai Seng Street.It sits in a prime location with good accessibility to Tai Seng MRT station and the Kallang-Paya Lebar and Pan-Island Expressways.BPL will subscribe for a 49% stake in units of BIF along with 7% notes due 2031 to help fund this purchase.With this acquisition, BIF’s total number of properties will increase to 16, up from 14 in its initial portfolio.The total AUM for BIF will be approximately S$749 million with a very high committed occupancy rate of 98% and a long weighted average lease expiry (WALE) of 6.1 years.The seller of the property, Suki Sushi Pte Ltd, will then lease back 60% of the property.BIF believes that J’Forte Building is attractive as it has a long remaining land tenure of about 44 years and has a long WALE with a 10-year leaseback by the seller.Also, the property is zoned for food processing operations and there is a limited supply of properties with this type of zoning in the vicinity.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9923172541,"gmtCreate":1670815949383,"gmtModify":1676538439430,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>👍","listText":"<a href=\"https://ttm.financial/S/C6L.SI\">$SINGAPORE AIRLINES LTD(C6L.SI)$&nbsp;</a><v-v data-views=\"1\"></v-v>👍","text":"$SINGAPORE AIRLINES LTD(C6L.SI)$ 👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9923172541","isVote":1,"tweetType":1,"viewCount":442,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964450220,"gmtCreate":1670201060060,"gmtModify":1676538318298,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9964450220","repostId":"1150699153","repostType":4,"repost":{"id":"1150699153","pubTimestamp":1670198727,"share":"https://ttm.financial/m/news/1150699153?lang=&edition=fundamental","pubTime":"2022-12-05 08:05","market":"sg","language":"en","title":"Singapore Bourse Tipped To Open Under Pressure","url":"https://stock-news.laohu8.com/highlight/detail?id=1150699153","media":"RTT News","summary":"The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had ","content":"<html><head></head><body><p>The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had advanced more than 50 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,260-point plateau and it may take further damage on Monday.</p><p>The global forecast for the Asianmarketssuggests mild downside on renewed concerns over the outlook for interest rates. The European and U.S. markets were mixed and little changed and the Asian bourses are likely to follow suit.</p><p>The STI finished sharply lower on Friday following losses from the financial shares and property stocks, while the industrials offered support.</p><p>For the day, the index skidded 33.59 points or 1.02 percent to finish at the daily low of 3,259.14 after peaking at 3,287.23. Volume was 1.2 billion shares worth 1.11 billion Singapore dollars. There were 254 gainers and 241 decliners.</p><p>Among the actives, Ascendas REIT surrendered 2.14 percent, while CapitaLand Integrated Commercial Trust declined 1.94 percent, CapitaLand Investment and United Overseas Bank both stumbled 1.34 percent, City Developments eased 0.12 percent, DBS Group slumped 1.37 percent, Emperador improved 1.03 percent, Keppel Corp gained 0.79 percent, Mapletree Pan Asia Commercial Trust plummeted 2.94 percent, Mapletree Industrial Trust tumbled 2.22 percent, Mapletree Logistics Trust retreated 1.84 percent, Oversea-Chinese Banking Corporation skidded 1.13 percent, SATS plunged 2.91 percent, SembCorp Industries advanced 1.23 percent, Singapore Technologies Engineering dropped 0.58 percent, SingTel rose 0.37 percent, Thai Beverage sank 0.78 percent, Wilmar International added 0.49 percent, Yangzijiang Financial tanked 2.82 percent, Yangzijiang Shipbuilding climbed 1.43 percent and Comfort DelGro, Genting Singapore and Hongkong Land were unchanged.</p><p>The lead from Wall Street offers little clarity as the major averages opened sharply lower on Friday but improved all session, finally ending mixed but little changed.</p><p>The Dow rose 34.87 points or 0.10 percent to finish at 34,429.88, while the NASDAQ slipped 20.95 points or 0.18 percent to close at 11,461.50 and the S&amp;P 500 fell 4.87 points or 0.12 percent to end at 4,071.70.</p><p>The early weakness on Wall Street followed the release of the Labor Department&#39;s closely watched monthly jobs report, which showed stronger than expected job growth in November.</p><p>While the report points to continued strength in the labor market, the data has added to lingering uncertainty about the outlook for interest rates.</p><p>The Federal Reserve is likely to slow the pace of interest rate hikes as early as next month, but continued labor market tightness may still lead the central bank to raise rates higher than currently anticipated.</p><p>Crude oil futures slumped on Friday ahead of OPEC&#39;s meeting over the weekend and the European Unio&#39;s cap of Russian crude. West Texas Intermediate shed 1.24 per 1,5 percent to $79.98 per barrel.</p></body></html>","source":"lsy1637539882596","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>Singapore Bourse Tipped To Open Under Pressure</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\">\nSingapore Bourse Tipped To Open Under Pressure\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-12-05 08:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3329648/singapore-bourse-tipped-to-open-under-pressure.aspx?type=acom><strong>RTT News</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had advanced more than 50 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,...</p>\n\n<a href=\"https://www.rttnews.com/3329648/singapore-bourse-tipped-to-open-under-pressure.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3329648/singapore-bourse-tipped-to-open-under-pressure.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1150699153","content_text":"The Singapore stock market on Friday wrote a finish to the three-day winning streak in which it had advanced more than 50 points or 1.6 percent. The Straits Times Index now rests just beneath the 3,260-point plateau and it may take further damage on Monday.The global forecast for the Asianmarketssuggests mild downside on renewed concerns over the outlook for interest rates. The European and U.S. markets were mixed and little changed and the Asian bourses are likely to follow suit.The STI finished sharply lower on Friday following losses from the financial shares and property stocks, while the industrials offered support.For the day, the index skidded 33.59 points or 1.02 percent to finish at the daily low of 3,259.14 after peaking at 3,287.23. Volume was 1.2 billion shares worth 1.11 billion Singapore dollars. There were 254 gainers and 241 decliners.Among the actives, Ascendas REIT surrendered 2.14 percent, while CapitaLand Integrated Commercial Trust declined 1.94 percent, CapitaLand Investment and United Overseas Bank both stumbled 1.34 percent, City Developments eased 0.12 percent, DBS Group slumped 1.37 percent, Emperador improved 1.03 percent, Keppel Corp gained 0.79 percent, Mapletree Pan Asia Commercial Trust plummeted 2.94 percent, Mapletree Industrial Trust tumbled 2.22 percent, Mapletree Logistics Trust retreated 1.84 percent, Oversea-Chinese Banking Corporation skidded 1.13 percent, SATS plunged 2.91 percent, SembCorp Industries advanced 1.23 percent, Singapore Technologies Engineering dropped 0.58 percent, SingTel rose 0.37 percent, Thai Beverage sank 0.78 percent, Wilmar International added 0.49 percent, Yangzijiang Financial tanked 2.82 percent, Yangzijiang Shipbuilding climbed 1.43 percent and Comfort DelGro, Genting Singapore and Hongkong Land were unchanged.The lead from Wall Street offers little clarity as the major averages opened sharply lower on Friday but improved all session, finally ending mixed but little changed.The Dow rose 34.87 points or 0.10 percent to finish at 34,429.88, while the NASDAQ slipped 20.95 points or 0.18 percent to close at 11,461.50 and the S&P 500 fell 4.87 points or 0.12 percent to end at 4,071.70.The early weakness on Wall Street followed the release of the Labor Department's closely watched monthly jobs report, which showed stronger than expected job growth in November.While the report points to continued strength in the labor market, the data has added to lingering uncertainty about the outlook for interest rates.The Federal Reserve is likely to slow the pace of interest rate hikes as early as next month, but continued labor market tightness may still lead the central bank to raise rates higher than currently anticipated.Crude oil futures slumped on Friday ahead of OPEC's meeting over the weekend and the European Unio's cap of Russian crude. West Texas Intermediate shed 1.24 per 1,5 percent to $79.98 per barrel.","news_type":1},"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936877692,"gmtCreate":1662763656717,"gmtModify":1676537133468,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/C\">$Citigroup(C)$</a>","listText":"<a href=\"https://ttm.financial/S/C\">$Citigroup(C)$</a>","text":"$Citigroup(C)$","images":[{"img":"https://community-static.tradeup.com/news/18c216de3da7114fa8b0bd0eec4c86ac","width":"1125","height":"1761"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936877692","isVote":1,"tweetType":1,"viewCount":662,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":9931230078,"gmtCreate":1662463605095,"gmtModify":1676537065545,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9931230078","repostId":"1160238156","repostType":4,"repost":{"id":"1160238156","pubTimestamp":1662435793,"share":"https://ttm.financial/m/news/1160238156?lang=&edition=fundamental","pubTime":"2022-09-06 11:43","market":"us","language":"en","title":"Which Pandemic Loser is Best-Positioned for a Rebound?","url":"https://stock-news.laohu8.com/highlight/detail?id=1160238156","media":"TipRanks","summary":"Story HighlightsCOVID-era losers can’t seem to catch a break, with a recession likely in the cards f","content":"<div>\n<p>Story HighlightsCOVID-era losers can’t seem to catch a break, with a recession likely in the cards for 2023. Still, valuations are depressed, and conditions don’t seem nearly as dire as they were just...</p>\n\n<a href=\"https://www.tipranks.com/news/article/which-pandemic-loser-is-best-positioned-for-a-rebound\">Web Link</a>\n\n</div>\n","source":"lsy1606183248679","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>Which Pandemic Loser is Best-Positioned for a Rebound?</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\">\nWhich Pandemic Loser is Best-Positioned for a Rebound?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-06 11:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.tipranks.com/news/article/which-pandemic-loser-is-best-positioned-for-a-rebound><strong>TipRanks</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Story HighlightsCOVID-era losers can’t seem to catch a break, with a recession likely in the cards for 2023. Still, valuations are depressed, and conditions don’t seem nearly as dire as they were just...</p>\n\n<a href=\"https://www.tipranks.com/news/article/which-pandemic-loser-is-best-positioned-for-a-rebound\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DAL":"达美航空","BA":"波音","DIS":"迪士尼"},"source_url":"https://www.tipranks.com/news/article/which-pandemic-loser-is-best-positioned-for-a-rebound","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1160238156","content_text":"Story HighlightsCOVID-era losers can’t seem to catch a break, with a recession likely in the cards for 2023. Still, valuations are depressed, and conditions don’t seem nearly as dire as they were just over two years ago. Let’s check in with Wall Street on the three “Strong Buy” names that may be tough to stop despite macro headwinds.In this piece, we used TipRanks’ Comparison Tool to check in on three COVID-era losers — DIS, BA, and DAL — that seem unlikely to be held down for too long, even if a 2023 recession hits. Despite dire circumstances, each name has a “Strong Buy” from Wall Street analysts, with a solid magnitude of year-ahead upside.The COVID-19 pandemic seems to be winding down, even as the less-deadly Omicron variant looks to surge in the fall season. With boosters and other effective protocols, the pandemic may not be able to hold back some of the biggest losers from the coronavirus market crash of 2020.From airlines to cruise lines, many COVID-hit stocks have yet to post a full recovery from their 2020 slides. With a recession likely coming up, many such COVID-hit firms (travel and leisure firms) could face another hit to the chin as demand wanes, not due to public health concerns but financial stress on consumer balance sheets.Indeed, many COVID-hit companies are in desperate need of a break. Still, a lot of such punished firms have been forced to stay on their toes to remain resilient in the face of profound macro challenges. Sure, the light at the end of the tunnel may be a tad farther off as economic storm clouds approach. However, I expect more of the same out of the well-run pandemic-era losers: resilience through trying times.Disney (DIS)Walt Disney has already been through so much, with COVID lockdowns taking away from parks and cruise revenues. Though Disney+ helped Disney make it through one of the worst headwind storms in its history, it did not take long before the video-streaming market came crumbling down in the face of an economic recession.Streaming used to be the cure to a media firm’s growth woes. These days, a capable streaming platform is just another pricy requirement for staying competitive. Though streaming is maturing, it’s still capable of growth. Like with any market, the best players could hog most of the economic profits to be had. In that regard, I view Disney as the new king of the streaming kingdom, with its must-stream trio of Disney+, Hulu, and ESPN+.In the grander scheme of things, Disney’s streaming push is still in its earlier stages. Yet, its growth has been absolutely remarkable. Even if a recession weighs on streaming as a whole, I view Disney as a firm capable of taking share away from incumbents. CEO Bob Chapek knows that content is king, and billions will need to go into content creation to win the streaming wars.Disney’s streaming strategy is sound, and price increases will keep coming as users get “stuck” on new exclusive series. As COVID abates further, I expect parks and cruises to continue gaining traction. There’s still plenty of pent-up demand unmet, in my opinion, and I don’t think a recession will destroy such demand permanently. It’ll merely delay it.Wall Street loves Disney stock, too, with 17 Buys and three Holds assigned in the past three months. The average DIS stock price target of $144 implies nearly 30% upside potential over the year ahead.Boeing (BA)Boeing is a planemaker whose troubles started well before the pandemic wreaked havoc on global air travel. Making aircraft was never supposed to be easy.Recent supply chain woes weighed on the firm’s ability to meet the demand for its newest fuel-efficient planes, including the 737 MAX and 787 Dreamliner. Both aircraft have been hit with their fair share of issues. With many such problems and supply chain issues being ironed out, Boeing can finally begin to deliver for its clients and investors.Recently, Boeing clocked in solid second-quarter results that saw cash flows improve. Deliveries for the 787 are expected to pick up, and the firm no longer seems destined for a crash-landing.Though Boeing has come a long way since the depths of 2020, its stock (currently at $151 and change per share) isn’t much higher from where it spent most of 2020. In any case, I expect clearer skies ahead as management looks to tackle the remainder of its operational issues. Once it can clear the runway, it may prove tough to stop shares from taking off, even if a recession is in the cards for 2023.At just 1.6 times sales, I’d argue there’s a lot to gain by giving the firm the benefit of the doubt. Wall Street analysts seem to agree, with 11 Buys, two Holds, and a price target implying more than 40% upside. Currently, the averageBA stock price forecastis $213.33 per share.Delta Air Lines (DAL)Sticking with the air travel theme, we have Delta, which, like Boeing, is back on the retreat toward 2020 levels. Shares of the major U.S. carrier are off more than 50% from their 2020 pre-pandemic high. With the stock on the retreat since its relief rally peaked in early 2021, the stock seems to be a no-fly for many investors.The airlines are capital-intensive businesses that struggled through COVID lockdowns. As air travel demand gradually comes back online, Delta will be in a spot to take to the skies again. However, in the meantime, the coming storm of macro headwinds seems to be outside of management’s control.When a recession hits, travel demand tends to slip. Labor shortages, higher costs from inflation, and reduced capacity could also act as a lingering thorn in the side of the airline as it looks to move past its multi-year funk.If it’s not the high cost of jet fuel, it’s a demand-weighing recession that’s of concern for Delta. Though revenues could turn lower in 2023, I think the stock is getting too cheap to ignore at 0.5 times sales.Wall Street loves Delta, as analysts have rated the company as a strong buy with 10 Buys and one Hold. In addition, the average DAL stock price target of $47.15 equates to a potential gain of 52.4%.Conclusion – Wall Street Expects the Most from DeltaDisney, Boeing, and Delta are COVID losers that are marked down ahead of a recession. Despite yet another setback, I believe each firm is so battered that it may not take much to send them back into rally mode. Of the three stocks, Wall Street expects the most from Delta. Personally, I’m a fan of Boeing because it’s basically a member of a duopoly.","news_type":1},"isVote":1,"tweetType":1,"viewCount":375,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992250673,"gmtCreate":1661322731094,"gmtModify":1676536497313,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992250673","repostId":"1188636834","repostType":4,"repost":{"id":"1188636834","pubTimestamp":1661302880,"share":"https://ttm.financial/m/news/1188636834?lang=&edition=fundamental","pubTime":"2022-08-24 09:01","market":"us","language":"en","title":"Tesla's Thin Model Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1188636834","media":"Seeking Alpha","summary":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer go","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has only one new model with an announced launch date.</li><li>This contrasts with others in the luxury end of the automotive market.</li><li>It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.</li><li>Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.</li></ul><p><b>Preamble</b></p><p>Sometimes I think I&#39;ll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I&#39;m not alone in this, except that most readers of this article are more enamored of Tesla&#39;s styling thanI. It&#39;s not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse&#39;s preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half&#39;s birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn&#39;t want. There are &#34;pink flamingoes&#34;, cars the dealer can&#39;t imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.</p><p><b>Overview</b></p><p>Passenger vehicles are differentiated durable consumer goods. (Yeh, I&#39;m an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla&#39;s product pipeline in light of the above.</p><p>My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.</p><p><b>I. Product Differentiation </b></p><p><i>China</i></p><p>In July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.</p><p>Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.</p><p><img src=\"https://static.tigerbbs.com/3be454d00c3db761ce3004be22b6f76b\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author database</p><p>Europe is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting &#34;other&#34; lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.</p><p><img src=\"https://static.tigerbbs.com/39479367d7c991d0c2580d395b055018\" tg-width=\"640\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Authors calculations from JATO data</p><p><i>The USMCA</i></p><p>I don&#39;t have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).</p><p>That is misleading, because Ford&#39;s Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0&#39;, 5½&#39;, and 6½&#39; beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn&#39;t assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the &#34;F&#34; chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and &#34;dually&#34; versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.</p><p>In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.</p><p><b>II. Used Cars</b></p><p>In the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.</p><p>The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [<i>Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It&#39;s now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded &#34;snowcats&#34; to pickup trucks and leather-fitted versions for social climbers.</i>]</p><p>Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn&#39;t do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not &#34;refleet&#34; due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted &#34;residual&#34; price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [<i>Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.</i>]</p><p>The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.</p><p>The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.</p><p><b>III. Product Portfolio and Product Pipeline</b></p><p>Car companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering &#34;top hats&#34; for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is &#34;portfolio&#34;, with a car for every pocket, and a brand hierarchy differentiated by social status.</p><p>The second response is the regular redesign of models, with a typical cadence of a &#34;refresh&#34; every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a &#34;done&#34; deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.</p><p>I present a summary below, drawn from <i>Automotive News</i>, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don&#39;t know individual models, to distinguish whether a &#34;GT&#34; version is a distinct model, so there&#39;s some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it&#39;s likely that there&#39;s overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It&#39;s an indicative table using soft data.</p><p>I use only AN&#39;s coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they&#39;re bringing to market is that launch dates are &#34;hard&#34;. They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It&#39;s unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.</p><p>With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.</p><p><img src=\"https://static.tigerbbs.com/ef5537a42658ca05dded032f18aa6042\" tg-width=\"613\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/72a51243c74aaf0e76d9b235157cc762\" tg-width=\"613\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/15c14bceea4eacf94d9444cb18953f15\" tg-width=\"617\" tg-height=\"406\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/f6043da38b1eba04208c52222bf31173\" tg-width=\"615\" tg-height=\"302\" width=\"100%\" height=\"auto\"/>What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it&#39;s necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.</p><p><b>IV. Tesla&#39;s Pipeline</b></p><p>It&#39;s 10 years since the launch of the Model S, Tesla&#39;s first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That&#39;s a high-risk strategy, amplified as its lineup ages.</p><p>Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.</p><p>That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It&#39;s all still vague, and the initial $39,999 price is DOA. More to the point, it&#39;s a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.</p><p>Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can&#39;t wait for repairs. Of course, there&#39;s no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?</p><p>Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.</p><p>In any case, the Cybertruck is not one of the global models that Tesla needs.</p><p><b><i>Summary</i></b></p><p>Quite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&amp;D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn&#39;t be starved for resources. [<i>As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla&#39;s R&amp;D.</i>]</p><p>Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.</p><p><b>V. Conclusion</b></p><p>Tesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.</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>Tesla's Thin Model Pipeline</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\">\nTesla's Thin Model Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41\">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://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188636834","content_text":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.PreambleSometimes I think I'll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I'm not alone in this, except that most readers of this article are more enamored of Tesla's styling thanI. It's not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse's preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half's birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn't want. There are \"pink flamingoes\", cars the dealer can't imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.OverviewPassenger vehicles are differentiated durable consumer goods. (Yeh, I'm an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla's product pipeline in light of the above.My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.I. Product Differentiation ChinaIn July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.Author databaseEurope is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting \"other\" lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.Authors calculations from JATO dataThe USMCAI don't have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).That is misleading, because Ford's Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0', 5½', and 6½' beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn't assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the \"F\" chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and \"dually\" versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.II. Used CarsIn the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It's now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded \"snowcats\" to pickup trucks and leather-fitted versions for social climbers.]Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn't do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not \"refleet\" due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted \"residual\" price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.]The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.III. Product Portfolio and Product PipelineCar companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering \"top hats\" for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is \"portfolio\", with a car for every pocket, and a brand hierarchy differentiated by social status.The second response is the regular redesign of models, with a typical cadence of a \"refresh\" every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a \"done\" deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.I present a summary below, drawn from Automotive News, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don't know individual models, to distinguish whether a \"GT\" version is a distinct model, so there's some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it's likely that there's overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It's an indicative table using soft data.I use only AN's coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they're bringing to market is that launch dates are \"hard\". They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It's unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it's necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.IV. Tesla's PipelineIt's 10 years since the launch of the Model S, Tesla's first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That's a high-risk strategy, amplified as its lineup ages.Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It's all still vague, and the initial $39,999 price is DOA. More to the point, it's a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can't wait for repairs. Of course, there's no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.In any case, the Cybertruck is not one of the global models that Tesla needs.SummaryQuite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn't be starved for resources. [As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla's R&D.]Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.V. ConclusionTesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991080660,"gmtCreate":1660748457152,"gmtModify":1676536391429,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991080660","repostId":"1176923270","repostType":4,"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9993711186,"gmtCreate":1660732579648,"gmtModify":1676536388324,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9993711186","repostId":"1186212688","repostType":4,"repost":{"id":"1186212688","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1660723566,"share":"https://ttm.financial/m/news/1186212688?lang=&edition=fundamental","pubTime":"2022-08-17 16:06","market":"us","language":"en","title":"Manchester United Shares Jumped 7% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1186212688","media":"Tiger Newspress","summary":"Manchester United shares jumped 7% in premarket trading as Elon Musk said he is buying Manchester Un","content":"<html><head></head><body><p>Manchester United shares jumped 7% in premarket trading as Elon Musk said he is buying Manchester United.<img src=\"https://static.tigerbbs.com/527e3b0647b548f1df0c4a554761d9ed\" tg-width=\"828\" tg-height=\"848\" referrerpolicy=\"no-referrer\"/>Elon Musk tweeted on Wednesday that he was joking when he said that he was going to buy Manchester United Plc.</p><p>&#34;No, this is a long-running joke on Twitter. I&#39;m not buying any sports teams,&#34; Musk said, when asked by a user if he was serious about buying the club.</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>Manchester United Shares Jumped 7% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nManchester United Shares Jumped 7% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-17 16:06</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Manchester United shares jumped 7% in premarket trading as Elon Musk said he is buying Manchester United.<img src=\"https://static.tigerbbs.com/527e3b0647b548f1df0c4a554761d9ed\" tg-width=\"828\" tg-height=\"848\" referrerpolicy=\"no-referrer\"/>Elon Musk tweeted on Wednesday that he was joking when he said that he was going to buy Manchester United Plc.</p><p>&#34;No, this is a long-running joke on Twitter. I&#39;m not buying any sports teams,&#34; Musk said, when asked by a user if he was serious about buying the club.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MANU":"曼联"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186212688","content_text":"Manchester United shares jumped 7% in premarket trading as Elon Musk said he is buying Manchester United.Elon Musk tweeted on Wednesday that he was joking when he said that he was going to buy Manchester United Plc.\"No, this is a long-running joke on Twitter. I'm not buying any sports teams,\" Musk said, when asked by a user if he was serious about buying the club.","news_type":1},"isVote":1,"tweetType":1,"viewCount":511,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906928674,"gmtCreate":1659482790200,"gmtModify":1705980719890,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906928674","repostId":"2256398873","repostType":4,"repost":{"id":"2256398873","pubTimestamp":1659482515,"share":"https://ttm.financial/m/news/2256398873?lang=&edition=fundamental","pubTime":"2022-08-03 07:21","market":"us","language":"en","title":"PayPal Shares Surge 11% Following Q2 Earnings Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2256398873","media":"StreetInsider","summary":"PayPal (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 res","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/6b4fb0deb1b7c0cd4cf7bd5a87cde3f2\" tg-width=\"200\" tg-height=\"134\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 results, with EPS of $0.93 coming in better than the consensus estimate of $0.87.<img src=\"https://static.tigerbbs.com/683a723e0c7c089092f614e49cfc9c12\" tg-width=\"824\" tg-height=\"845\" width=\"100%\" height=\"auto\"/>Revenue grew 9% (up 10% on an FX-neutral basis) to $6.8 billion, compared to the consensus estimate of $6.77 billion. Excluding <a href=\"https://laohu8.com/S/EBAY\">eBay</a>, revenue grew 14% year-over-year.</p><p>Total Payment Volume (TPV) grew 9% year-over-year (up 13% on an FX-neutral basis) to $339.8 billion.</p><p>The company expects Q3/22 EPS in the range of $0.94-$0.96, compared to the consensus estimate of $0.97. Q3 net revenue is expected to reach $6.80 billion, representing a 10% year-over-year growth (or 12% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 12% (or 13.5% on an FX-neutral basis).</p><p>For the full 2022-year, the company expects EPS in the range of $3.87-$3.97, compared to the consensus estimate of $3.85. TPV is expected to grow approximately 12% (or 16% on an FX-neutral basis) to around $1.4 trillion. Net revenue is expected to reach $27.85 billion, representing approximately 10% year-over-year growth (or 11% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 13.5% year-over-year (or 14.5% on an FX-neutral basis).</p></body></html>","source":"highlight_streetinsider","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>PayPal Shares Surge 11% Following Q2 Earnings Beat</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\">\nPayPal Shares Surge 11% Following Q2 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-03 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20405186><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PayPal (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 results, with EPS of $0.93 coming in better than the consensus estimate of $0.87.Revenue grew 9% (up ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20405186\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20405186","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256398873","content_text":"PayPal (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 results, with EPS of $0.93 coming in better than the consensus estimate of $0.87.Revenue grew 9% (up 10% on an FX-neutral basis) to $6.8 billion, compared to the consensus estimate of $6.77 billion. Excluding eBay, revenue grew 14% year-over-year.Total Payment Volume (TPV) grew 9% year-over-year (up 13% on an FX-neutral basis) to $339.8 billion.The company expects Q3/22 EPS in the range of $0.94-$0.96, compared to the consensus estimate of $0.97. Q3 net revenue is expected to reach $6.80 billion, representing a 10% year-over-year growth (or 12% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 12% (or 13.5% on an FX-neutral basis).For the full 2022-year, the company expects EPS in the range of $3.87-$3.97, compared to the consensus estimate of $3.85. TPV is expected to grow approximately 12% (or 16% on an FX-neutral basis) to around $1.4 trillion. Net revenue is expected to reach $27.85 billion, representing approximately 10% year-over-year growth (or 11% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 13.5% year-over-year (or 14.5% on an FX-neutral basis).","news_type":1},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908170648,"gmtCreate":1659348257084,"gmtModify":1705979353696,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908170648","repostId":"2255508753","repostType":4,"repost":{"id":"2255508753","pubTimestamp":1659344146,"share":"https://ttm.financial/m/news/2255508753?lang=&edition=fundamental","pubTime":"2022-08-01 16:55","market":"us","language":"en","title":"What You Need to Know About Meta's Massive Share Repurchases","url":"https://stock-news.laohu8.com/highlight/detail?id=2255508753","media":"Motley Fool","summary":"Meta's massive share repurchases tell you what it thinks of its stock price.","content":"<html><head></head><body><p>Social media conglomerate <b><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></b> spends more money on share repurchases than many companies, but few people seem to pay much attention to it. The company&#39;s struggles in its advertising business post-iOS privacy changes have clouded sentiment for Meta, but all of this noise could eventually prove beneficial to shareholders.</p><p>You need to know about Meta&#39;s massive share repurchase plan and how it could benefit investors.</p><h2>What do share repurchases mean for you?</h2><p>Companies can share profits with shareholders in two primary ways. They can pay a cash dividend to shareholders, directly sharing profits with them, or they can use share repurchases, buying their stock from the market.</p><p>Share repurchases reduce the number of outstanding shares. Fewer outstanding shares means each remaining share is more valuable because there are fewer shares to spread the company&#39;s profits across.</p><p>You can see below what Meta&#39;s repurchases have looked like over the past five years; management has been aggressive over the past two years. Outstanding shares have fallen almost 7% during the past five years.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/94514ff42782d97b77f224e2c67096a8\" tg-width=\"720\" tg-height=\"449\" width=\"100%\" height=\"auto\"/><span>META Shares Outstanding data by YCharts</span></p><p>Demonstrating the impact of repurchases is simple; Meta&#39;s net income was $15.92 billion in 2017, and there were approximately 2.956 billion shares outstanding, resulting in earnings per share (EPS) of $5.39.</p><p>Meta&#39;s net income over the past 12 months is $37.34 billion, and there are 2.7 billion shares outstanding, resulting in an EPS of $13.83.</p><p>The company&#39;s total net income grew by 134%, but EPS grew by 156%. In other words, Meta is turbocharging its EPS growth as it repurchases more of its stock. This might not seem like much, but companies that consistently generate cash can repurchase shares for many years -- it adds up over time.</p><h2>Why Meta&#39;s repurchases are so effective</h2><p>Meta is repurchasing shares on the open market, so it pays market price just like you or me. But Meta&#39;s not buying shares to sell them later; it retires the shares, taking them out of circulation.</p><p>It helps investors when Meta gets more bang for its buck. A lower share price means that repurchases buy more shares, which helps EPS grow more.</p><p>Armed with that perspective, you can see why Meta&#39;s management has gotten so aggressive at repurchasing stock. Meta&#39;s price-to-earnings (P/E) ratio has fallen to just 12, less than the historical average of the <b>S&amp;P 500</b>.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1634043586e3a0d13721dde657ea4610\" tg-width=\"720\" tg-height=\"433\" width=\"100%\" height=\"auto\"/><span>META PE Ratio data by YCharts</span></p><p>Meta is struggling with less effective ads due <b>Apple</b>&#39;s iPhone privacy changes. However, the company is still getting $0.33 of free cash flow from every revenue dollar, and analysts still believe Meta will grow EPS by an average of 11% annually over the next three to five years.</p><h2>Looking at what Meta has planned</h2><p>So, where to go from here? Meta&#39;s dark clouds let the company get excellent value from its share repurchases. The company bought back another $5 billion worth of shares in the second quarter and has another $24 billion remaining on its authorized plan.</p><p>Considering that Meta&#39;s market cap is $445 billion, another 5% of shares will disappear over the coming quarters if the share price remains stable.</p><p>Meta is working through the challenges posed by Apple&#39;s iOS changes, and Reality Labs is poised to remain unprofitable for the foreseeable future. But if you believe in Mark Zuckerberg&#39;s leadership at the helm and that Meta will figure things out over the long run, these share repurchases will look like a gift to shareholders in hindsight.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>What You Need to Know About Meta's Massive Share Repurchases</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\">\nWhat You Need to Know About Meta's Massive Share Repurchases\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-01 16:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/31/what-you-need-to-know-about-metas-massive-share-re/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Social media conglomerate Meta Platforms spends more money on share repurchases than many companies, but few people seem to pay much attention to it. The company's struggles in its advertising ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/31/what-you-need-to-know-about-metas-massive-share-re/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"META":"Meta Platforms, Inc."},"source_url":"https://www.fool.com/investing/2022/07/31/what-you-need-to-know-about-metas-massive-share-re/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255508753","content_text":"Social media conglomerate Meta Platforms spends more money on share repurchases than many companies, but few people seem to pay much attention to it. The company's struggles in its advertising business post-iOS privacy changes have clouded sentiment for Meta, but all of this noise could eventually prove beneficial to shareholders.You need to know about Meta's massive share repurchase plan and how it could benefit investors.What do share repurchases mean for you?Companies can share profits with shareholders in two primary ways. They can pay a cash dividend to shareholders, directly sharing profits with them, or they can use share repurchases, buying their stock from the market.Share repurchases reduce the number of outstanding shares. Fewer outstanding shares means each remaining share is more valuable because there are fewer shares to spread the company's profits across.You can see below what Meta's repurchases have looked like over the past five years; management has been aggressive over the past two years. Outstanding shares have fallen almost 7% during the past five years.META Shares Outstanding data by YChartsDemonstrating the impact of repurchases is simple; Meta's net income was $15.92 billion in 2017, and there were approximately 2.956 billion shares outstanding, resulting in earnings per share (EPS) of $5.39.Meta's net income over the past 12 months is $37.34 billion, and there are 2.7 billion shares outstanding, resulting in an EPS of $13.83.The company's total net income grew by 134%, but EPS grew by 156%. In other words, Meta is turbocharging its EPS growth as it repurchases more of its stock. This might not seem like much, but companies that consistently generate cash can repurchase shares for many years -- it adds up over time.Why Meta's repurchases are so effectiveMeta is repurchasing shares on the open market, so it pays market price just like you or me. But Meta's not buying shares to sell them later; it retires the shares, taking them out of circulation.It helps investors when Meta gets more bang for its buck. A lower share price means that repurchases buy more shares, which helps EPS grow more.Armed with that perspective, you can see why Meta's management has gotten so aggressive at repurchasing stock. Meta's price-to-earnings (P/E) ratio has fallen to just 12, less than the historical average of the S&P 500.META PE Ratio data by YChartsMeta is struggling with less effective ads due Apple's iPhone privacy changes. However, the company is still getting $0.33 of free cash flow from every revenue dollar, and analysts still believe Meta will grow EPS by an average of 11% annually over the next three to five years.Looking at what Meta has plannedSo, where to go from here? Meta's dark clouds let the company get excellent value from its share repurchases. The company bought back another $5 billion worth of shares in the second quarter and has another $24 billion remaining on its authorized plan.Considering that Meta's market cap is $445 billion, another 5% of shares will disappear over the coming quarters if the share price remains stable.Meta is working through the challenges posed by Apple's iOS changes, and Reality Labs is poised to remain unprofitable for the foreseeable future. But if you believe in Mark Zuckerberg's leadership at the helm and that Meta will figure things out over the long run, these share repurchases will look like a gift to shareholders in hindsight.","news_type":1},"isVote":1,"tweetType":1,"viewCount":403,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908093101,"gmtCreate":1659284672104,"gmtModify":1676536280992,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908093101","repostId":"2255884570","repostType":2,"repost":{"id":"2255884570","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1659272400,"share":"https://ttm.financial/m/news/2255884570?lang=&edition=fundamental","pubTime":"2022-07-31 21:00","market":"us","language":"en","title":"Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks. -- Barrons.com","url":"https://stock-news.laohu8.com/highlight/detail?id=2255884570","media":"Dow Jones","summary":"Ed Lin \n\n\n     One of America's largest public pensions has made big changes in some of its largest ","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nEd Lin \n</pre>\n<p>\n     One of America's largest public pensions has made big changes in some of its largest investments. \n</p>\n<p>\n     In the second quarter, State Teachers Retirement System of Ohio nearly halved an investment in chip maker Advanced Micro Devices (ticker: AMD), and bought more shares of semiconductor rival Intel ( INTC), telecom firm AT&amp;T <a href=\"https://laohu8.com/S/T\">$(T)$</a>, and cafe chain Starbucks <a href=\"https://laohu8.com/S/SBUX\">$(SBUX)$</a>. \n</p>\n<p>\n     STRS Ohio, as the pension is known, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission. \n</p>\n<p>\n     The pension Ohio didn't respond to a request for comment. It managed $98 billion in assets as of June 30, 2021. \n</p>\n<p>\n     STRS Ohio sold 603,740 AMD shares to end the second quarter with 663,882 shares. The stock dove 47% in the first half of the year, compared with a 21% drop in the S&amp;P 500 index. So far in the third quarter, shares are up 24% and the index is up 9.1%. \n</p>\n<p>\n     A bill to subsidize the construction of semiconductor plants in the U.S., if signed by President Joe Biden into law, wouldn't mean a quick fix for the sector in general or AMD in particular because the company \n</p>\n<pre>\noutsources manufacturing. We   named AMD CEO Lisa Su to our latest list of top CEOs, and credit her with overseeing a 2021 sales increase of nearly 70%; Intel's revenue was roughly flat. At least one observer has noted AMD taking market share from Intel as of late. \n</pre>\n<p>\n     Intel stock tumbled 27% in the first half; so far in the third quarter, shares are down 3.0%. Intel's second-quarter earnings, reported last week, fell far short of expectations, sending shares plunging. Investors had been bracing for bad news in the face of a slump in PC sales, but they weren't prepared for such a spectacular earnings miss. Earlier this year, we suggested that Intel should cut its dividend. \n</p>\n<p>\n     \"Simply put, the $6 billion a year Intel has slated for paying shareholders would be better used for R&amp;D and growing or maintaining its capital-spending investments,\" we wrote. \n</p>\n<p>\n     The pension bought 435,873 additional Intel shares to end the second quarter with 1.9 million shares. \n</p>\n<p>\n     STRS Ohio bought 392,845 more AT&amp;T shares to lift its investment to 3.5 million shares. The stock rose 8.2% in the first half of the year, and so far in the third quarter shares are down 10%. \n</p>\n<p>\n     AT&amp;T is leaner now than in years past, having spun off its media assets in April as <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> (WBD) in a combination with Discovery. AT&amp;T's second-quarter report, in July, sent shares lower, but one analyst wrote that it \"was actually good,\" citing strength in the company's core business. AT&amp;T's chief financial officer has suggested the company might have to consider price hikes. \n</p>\n<p>\n     Inflation this year has already seen Starbucks raising prices, even as storied CEO Howard Schultz returned for a third stint heading the company. We think the worst is already behind Starbucks, and we noted how shares outperformed during Schultz's last round as CEO. \n</p>\n<p>\n     Starbucks stock fell 35% in the first half of the year, and so far in the third quarter shares are up 11%. \n</p>\n<p>\n     STRS Ohio bought 161,455 additional Starbucks shares to end the second quarter with 738,559 shares. \n</p>\n<p>\n     Inside Scoop is a regular Barron's feature covering stock transactions by corporate executives and board members -- so-called insiders -- as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups. \n</p>\n<p>\n     Write to Ed Lin at edward.lin@barrons.com and follow @BarronsEdLin. \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 31, 2022 09:00 ET (13:00 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>","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>Large Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks. -- Barrons.com</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\">\nLarge Fund Sells AMD Stock. It Bought Intel, AT&T and Starbucks. -- Barrons.com\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/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2022-07-31 21:00</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<pre>\nEd Lin \n</pre>\n<p>\n     One of America's largest public pensions has made big changes in some of its largest investments. \n</p>\n<p>\n     In the second quarter, State Teachers Retirement System of Ohio nearly halved an investment in chip maker Advanced Micro Devices (ticker: AMD), and bought more shares of semiconductor rival Intel ( INTC), telecom firm AT&amp;T <a href=\"https://laohu8.com/S/T\">$(T)$</a>, and cafe chain Starbucks <a href=\"https://laohu8.com/S/SBUX\">$(SBUX)$</a>. \n</p>\n<p>\n     STRS Ohio, as the pension is known, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission. \n</p>\n<p>\n     The pension Ohio didn't respond to a request for comment. It managed $98 billion in assets as of June 30, 2021. \n</p>\n<p>\n     STRS Ohio sold 603,740 AMD shares to end the second quarter with 663,882 shares. The stock dove 47% in the first half of the year, compared with a 21% drop in the S&amp;P 500 index. So far in the third quarter, shares are up 24% and the index is up 9.1%. \n</p>\n<p>\n     A bill to subsidize the construction of semiconductor plants in the U.S., if signed by President Joe Biden into law, wouldn't mean a quick fix for the sector in general or AMD in particular because the company \n</p>\n<pre>\noutsources manufacturing. We   named AMD CEO Lisa Su to our latest list of top CEOs, and credit her with overseeing a 2021 sales increase of nearly 70%; Intel's revenue was roughly flat. At least one observer has noted AMD taking market share from Intel as of late. \n</pre>\n<p>\n     Intel stock tumbled 27% in the first half; so far in the third quarter, shares are down 3.0%. Intel's second-quarter earnings, reported last week, fell far short of expectations, sending shares plunging. Investors had been bracing for bad news in the face of a slump in PC sales, but they weren't prepared for such a spectacular earnings miss. Earlier this year, we suggested that Intel should cut its dividend. \n</p>\n<p>\n     \"Simply put, the $6 billion a year Intel has slated for paying shareholders would be better used for R&amp;D and growing or maintaining its capital-spending investments,\" we wrote. \n</p>\n<p>\n     The pension bought 435,873 additional Intel shares to end the second quarter with 1.9 million shares. \n</p>\n<p>\n     STRS Ohio bought 392,845 more AT&amp;T shares to lift its investment to 3.5 million shares. The stock rose 8.2% in the first half of the year, and so far in the third quarter shares are down 10%. \n</p>\n<p>\n     AT&amp;T is leaner now than in years past, having spun off its media assets in April as <a href=\"https://laohu8.com/S/WBD\">Warner Bros. Discovery</a> (WBD) in a combination with Discovery. AT&amp;T's second-quarter report, in July, sent shares lower, but one analyst wrote that it \"was actually good,\" citing strength in the company's core business. AT&amp;T's chief financial officer has suggested the company might have to consider price hikes. \n</p>\n<p>\n     Inflation this year has already seen Starbucks raising prices, even as storied CEO Howard Schultz returned for a third stint heading the company. We think the worst is already behind Starbucks, and we noted how shares outperformed during Schultz's last round as CEO. \n</p>\n<p>\n     Starbucks stock fell 35% in the first half of the year, and so far in the third quarter shares are up 11%. \n</p>\n<p>\n     STRS Ohio bought 161,455 additional Starbucks shares to end the second quarter with 738,559 shares. \n</p>\n<p>\n     Inside Scoop is a regular Barron's feature covering stock transactions by corporate executives and board members -- so-called insiders -- as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups. \n</p>\n<p>\n     Write to Ed Lin at edward.lin@barrons.com and follow @BarronsEdLin. \n</p>\n<pre>\n \n</pre>\n<p>\n  <a href=\"https://laohu8.com/S/END\">$(END)$</a> Dow Jones Newswires\n</p>\n<p>\n  July 31, 2022 09:00 ET (13:00 GMT)\n</p>\n<p>\n  Copyright (c) 2022 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4573":"虚拟现实","T":"美国电话电报","BK4512":"苹果概念","BK4504":"桥水持仓","BK4209":"餐馆","BK4529":"IDC概念","BK4554":"元宇宙及AR概念","SBUX":"星巴克","BK4532":"文艺复兴科技持仓","BK4515":"5G概念","AMD":"美国超微公司","BK4534":"瑞士信贷持仓","BK4507":"流媒体概念","BK4533":"AQR资本管理(全球第二大对冲基金)","INTC":"英特尔","BK4575":"芯片概念","BK4566":"资本集团","BK4535":"淡马锡持仓","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4141":"半导体产品","BK4115":"综合电信业务","GFS":"GLOBALFOUNDRIES Inc."},"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255884570","content_text":"Ed Lin \n\n\n     One of America's largest public pensions has made big changes in some of its largest investments. \n\n\n     In the second quarter, State Teachers Retirement System of Ohio nearly halved an investment in chip maker Advanced Micro Devices (ticker: AMD), and bought more shares of semiconductor rival Intel ( INTC), telecom firm AT&T $(T)$, and cafe chain Starbucks $(SBUX)$. \n\n\n     STRS Ohio, as the pension is known, disclosed the stock trades, among others, in a form it filed with the Securities and Exchange Commission. \n\n\n     The pension Ohio didn't respond to a request for comment. It managed $98 billion in assets as of June 30, 2021. \n\n\n     STRS Ohio sold 603,740 AMD shares to end the second quarter with 663,882 shares. The stock dove 47% in the first half of the year, compared with a 21% drop in the S&P 500 index. So far in the third quarter, shares are up 24% and the index is up 9.1%. \n\n\n     A bill to subsidize the construction of semiconductor plants in the U.S., if signed by President Joe Biden into law, wouldn't mean a quick fix for the sector in general or AMD in particular because the company \n\n\noutsources manufacturing. We   named AMD CEO Lisa Su to our latest list of top CEOs, and credit her with overseeing a 2021 sales increase of nearly 70%; Intel's revenue was roughly flat. At least one observer has noted AMD taking market share from Intel as of late. \n\n\n     Intel stock tumbled 27% in the first half; so far in the third quarter, shares are down 3.0%. Intel's second-quarter earnings, reported last week, fell far short of expectations, sending shares plunging. Investors had been bracing for bad news in the face of a slump in PC sales, but they weren't prepared for such a spectacular earnings miss. Earlier this year, we suggested that Intel should cut its dividend. \n\n\n     \"Simply put, the $6 billion a year Intel has slated for paying shareholders would be better used for R&D and growing or maintaining its capital-spending investments,\" we wrote. \n\n\n     The pension bought 435,873 additional Intel shares to end the second quarter with 1.9 million shares. \n\n\n     STRS Ohio bought 392,845 more AT&T shares to lift its investment to 3.5 million shares. The stock rose 8.2% in the first half of the year, and so far in the third quarter shares are down 10%. \n\n\n     AT&T is leaner now than in years past, having spun off its media assets in April as Warner Bros. Discovery (WBD) in a combination with Discovery. AT&T's second-quarter report, in July, sent shares lower, but one analyst wrote that it \"was actually good,\" citing strength in the company's core business. AT&T's chief financial officer has suggested the company might have to consider price hikes. \n\n\n     Inflation this year has already seen Starbucks raising prices, even as storied CEO Howard Schultz returned for a third stint heading the company. We think the worst is already behind Starbucks, and we noted how shares outperformed during Schultz's last round as CEO. \n\n\n     Starbucks stock fell 35% in the first half of the year, and so far in the third quarter shares are up 11%. \n\n\n     STRS Ohio bought 161,455 additional Starbucks shares to end the second quarter with 738,559 shares. \n\n\n     Inside Scoop is a regular Barron's feature covering stock transactions by corporate executives and board members -- so-called insiders -- as well as large shareholders, politicians, and other prominent figures. Due to their insider status, these investors are required to disclose stock trades with the Securities and Exchange Commission or other regulatory groups. \n\n\n     Write to Ed Lin at edward.lin@barrons.com and follow @BarronsEdLin. \n\n\n \n\n\n$(END)$ Dow Jones Newswires\n\n\n  July 31, 2022 09:00 ET (13:00 GMT)\n\n\n  Copyright (c) 2022 Dow Jones & Company, Inc.","news_type":1},"isVote":1,"tweetType":1,"viewCount":503,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901510544,"gmtCreate":1659231965088,"gmtModify":1676536274358,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901510544","repostId":"2255421465","repostType":4,"repost":{"id":"2255421465","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":1659226030,"share":"https://ttm.financial/m/news/2255421465?lang=&edition=fundamental","pubTime":"2022-07-31 08:07","market":"us","language":"en","title":"Biden Again Tests Positive for COVID-19, Feels \"Quite Well\" - White House","url":"https://stock-news.laohu8.com/highlight/detail?id=2255421465","media":"Reuters","summary":"WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Satur","content":"<html><head></head><body><p>WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Saturday, according to a statement from the White House physician, although he is experiencing no symptoms and feels &#34;quite well.&#34;</p><p>Biden, who tested positive for the disease nine days ago but then tested negative twice earlier this week, will resume isolation procedures, and his positive test is believed to be &#34;rebound&#34; positivity experienced by some COVID patients, according to White House physician Dr. Kevin O&#39;Connor.</p><p>Biden tweeted about his positive case, saying it can happen to a &#34;small minority of folks.&#34;</p><p>&#34;I’ve got no symptoms but I am going to isolate for the safety of everyone around me. I’m still at work, and will be back on the road soon,&#34; he tweeted.</p><p>The positive test jeopardizes a Tuesday trip to Michigan Biden had planned to tout the recent passage of legislation to boost the semiconductor industry, which the White House announced earlier Saturday.</p><p>O&#39;Connor said Biden, who is 79, tested negative for the last four days, and there is no plan to reinitiate treatment given his lack of symptoms.</p><p>Biden previously described his experience with COVID as mild, saying he was able to continue working while in isolation and attributed his relative ease with the disease to vaccines and other treatments.</p><p>O&#39;Connor had previously said Biden would be tested regularly to watch for a potential &#34;rebound&#34; COVID-19 case, which can be experienced by some patients who have been treated with Paxlovid, the drug the president received.</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>Biden Again Tests Positive for COVID-19, Feels \"Quite Well\" - White House</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; 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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\">\nBiden Again Tests Positive for COVID-19, Feels \"Quite Well\" - White House\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\">2022-07-31 08:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Saturday, according to a statement from the White House physician, although he is experiencing no symptoms and feels &#34;quite well.&#34;</p><p>Biden, who tested positive for the disease nine days ago but then tested negative twice earlier this week, will resume isolation procedures, and his positive test is believed to be &#34;rebound&#34; positivity experienced by some COVID patients, according to White House physician Dr. Kevin O&#39;Connor.</p><p>Biden tweeted about his positive case, saying it can happen to a &#34;small minority of folks.&#34;</p><p>&#34;I’ve got no symptoms but I am going to isolate for the safety of everyone around me. I’m still at work, and will be back on the road soon,&#34; he tweeted.</p><p>The positive test jeopardizes a Tuesday trip to Michigan Biden had planned to tout the recent passage of legislation to boost the semiconductor industry, which the White House announced earlier Saturday.</p><p>O&#39;Connor said Biden, who is 79, tested negative for the last four days, and there is no plan to reinitiate treatment given his lack of symptoms.</p><p>Biden previously described his experience with COVID as mild, saying he was able to continue working while in isolation and attributed his relative ease with the disease to vaccines and other treatments.</p><p>O&#39;Connor had previously said Biden would be tested regularly to watch for a potential &#34;rebound&#34; COVID-19 case, which can be experienced by some patients who have been treated with Paxlovid, the drug the president received.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255421465","content_text":"WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Saturday, according to a statement from the White House physician, although he is experiencing no symptoms and feels \"quite well.\"Biden, who tested positive for the disease nine days ago but then tested negative twice earlier this week, will resume isolation procedures, and his positive test is believed to be \"rebound\" positivity experienced by some COVID patients, according to White House physician Dr. Kevin O'Connor.Biden tweeted about his positive case, saying it can happen to a \"small minority of folks.\"\"I’ve got no symptoms but I am going to isolate for the safety of everyone around me. I’m still at work, and will be back on the road soon,\" he tweeted.The positive test jeopardizes a Tuesday trip to Michigan Biden had planned to tout the recent passage of legislation to boost the semiconductor industry, which the White House announced earlier Saturday.O'Connor said Biden, who is 79, tested negative for the last four days, and there is no plan to reinitiate treatment given his lack of symptoms.Biden previously described his experience with COVID as mild, saying he was able to continue working while in isolation and attributed his relative ease with the disease to vaccines and other treatments.O'Connor had previously said Biden would be tested regularly to watch for a potential \"rebound\" COVID-19 case, which can be experienced by some patients who have been treated with Paxlovid, the drug the president received.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909221864,"gmtCreate":1658881736758,"gmtModify":1676536222284,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909221864","repostId":"2254387856","repostType":4,"repost":{"id":"2254387856","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":1658876140,"share":"https://ttm.financial/m/news/2254387856?lang=&edition=fundamental","pubTime":"2022-07-27 06:55","market":"us","language":"en","title":"US STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors","url":"https://stock-news.laohu8.com/highlight/detail?id=2254387856","media":"Reuters","summary":"Walmart cuts profit forecast; news hits retailersMcDonald's up as sales, profit top estimatesCoca-Co","content":"<html><head></head><body><ul><li>Walmart cuts profit forecast; news hits retailers</li><li>McDonald&#39;s up as sales, profit top estimates</li><li>Coca-Cola up on forecast raise</li><li>Indexes: Dow down 0.7%, S&amp;P 500 down 1.2%, Nasdaq down 1.9%</li></ul><p>NEW YORK, July 26 (Reuters) - U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending.</p><p>Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories.</p><p>Shares of Target Corp fell 3.6% and Amazon.com Inc dropped 5.2%, while the S&amp;P 500 retail index declined 4.2%.</p><p>On Tuesday, data showed U.S. consumer confidence dropped to nearly a 1-1/2-year low in July amid persistent worries about higher inflation and rising interest rates.</p><p>&#34;The majority of companies that reported today beat (on) earnings, and that&#39;s been the case. But of course there have been some warnings, and that&#39;s what the market is focusing on,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>Amazon, which said it would raise fees for delivery and streaming service Prime in Europe by up to 43% a year, was the biggest drag on the Nasdaq and S&amp;P 500, while consumer discretionary fell 3.3% and led declines among S&amp;P 500 sectors.</p><p>The Federal Reserve started a two-day meeting, and on Wednesday it is expected to announce a 0.75 percentage point interest rate hike to fight inflation. Investors have worried that aggressive interest rate hikes by the Fed could tip the economy into recession.</p><p>The Dow Jones Industrial Average fell 228.5 points, or 0.71%, to 31,761.54, the S&amp;P 500 lost 45.79 points, or 1.15%, to 3,921.05 and the Nasdaq Composite dropped 220.09 points, or 1.87%, to 11,562.58.</p><p>A busy week for earnings also included reports from Alphabet Inc and Microsoft Corp after the bell.</p><p>Shares of Microsoft were up 5% in after-hours trading while Alphabet was up 5% following the companies&#39; results. Microsoft ended the regular session down 2.7% and Alphabet ended 2.3% lower on the day.</p><p>Investors had been looking to see if this week&#39;s earnings news from mega-cap companies might help the stock market sustain its recent rally.</p><p>Earnings from S&amp;P 500 companies were expected to have risen 6.2% for the second quarter from the year-ago period, according to Refinitiv data.</p><p>Also during the regular session, Coca-Cola Co gained 1.6% after the company raised its full-year revenue forecast. McDonald&#39;s Corp rose 2.7% after beating quarterly expectations.</p><p>3M Co rose 4.9% after the industrial giant said it planned to spin off its healthcare business.read moreGeneral Electric Co gained 4.6% after the industrial conglomerate beat revenue and profit estimates.</p><p>In other outlooks, the International Monetary Fund cut global growth forecasts again.</p><p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 10.93 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.73-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 39 new highs and 138 new lows.</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>US STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS STOCKS-Indexes Drop As Walmart Profit Warning Spooks Investors\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\">2022-07-27 06:55</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><ul><li>Walmart cuts profit forecast; news hits retailers</li><li>McDonald&#39;s up as sales, profit top estimates</li><li>Coca-Cola up on forecast raise</li><li>Indexes: Dow down 0.7%, S&amp;P 500 down 1.2%, Nasdaq down 1.9%</li></ul><p>NEW YORK, July 26 (Reuters) - U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending.</p><p>Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories.</p><p>Shares of Target Corp fell 3.6% and Amazon.com Inc dropped 5.2%, while the S&amp;P 500 retail index declined 4.2%.</p><p>On Tuesday, data showed U.S. consumer confidence dropped to nearly a 1-1/2-year low in July amid persistent worries about higher inflation and rising interest rates.</p><p>&#34;The majority of companies that reported today beat (on) earnings, and that&#39;s been the case. But of course there have been some warnings, and that&#39;s what the market is focusing on,&#34; said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.</p><p>Amazon, which said it would raise fees for delivery and streaming service Prime in Europe by up to 43% a year, was the biggest drag on the Nasdaq and S&amp;P 500, while consumer discretionary fell 3.3% and led declines among S&amp;P 500 sectors.</p><p>The Federal Reserve started a two-day meeting, and on Wednesday it is expected to announce a 0.75 percentage point interest rate hike to fight inflation. Investors have worried that aggressive interest rate hikes by the Fed could tip the economy into recession.</p><p>The Dow Jones Industrial Average fell 228.5 points, or 0.71%, to 31,761.54, the S&amp;P 500 lost 45.79 points, or 1.15%, to 3,921.05 and the Nasdaq Composite dropped 220.09 points, or 1.87%, to 11,562.58.</p><p>A busy week for earnings also included reports from Alphabet Inc and Microsoft Corp after the bell.</p><p>Shares of Microsoft were up 5% in after-hours trading while Alphabet was up 5% following the companies&#39; results. Microsoft ended the regular session down 2.7% and Alphabet ended 2.3% lower on the day.</p><p>Investors had been looking to see if this week&#39;s earnings news from mega-cap companies might help the stock market sustain its recent rally.</p><p>Earnings from S&amp;P 500 companies were expected to have risen 6.2% for the second quarter from the year-ago period, according to Refinitiv data.</p><p>Also during the regular session, Coca-Cola Co gained 1.6% after the company raised its full-year revenue forecast. McDonald&#39;s Corp rose 2.7% after beating quarterly expectations.</p><p>3M Co rose 4.9% after the industrial giant said it planned to spin off its healthcare business.read moreGeneral Electric Co gained 4.6% after the industrial conglomerate beat revenue and profit estimates.</p><p>In other outlooks, the International Monetary Fund cut global growth forecasts again.</p><p>Volume on U.S. exchanges was 9.60 billion shares, compared with the 10.93 billion average for the full session over the last 20 trading days.</p><p>Declining issues outnumbered advancing ones on the NYSE by a 1.73-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored decliners.</p><p>The S&amp;P 500 posted 1 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 39 new highs and 138 new lows.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MMM":"3M","AMZN":"亚马逊","MCD":"麦当劳",".SPX":"S&P 500 Index","WMT":"沃尔玛","GE":"GE航空航天","TGT":"塔吉特",".DJI":"道琼斯","MSFT":"微软",".IXIC":"NASDAQ Composite","KO":"可口可乐","GOOGL":"谷歌A"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254387856","content_text":"Walmart cuts profit forecast; news hits retailersMcDonald's up as sales, profit top estimatesCoca-Cola up on forecast raiseIndexes: Dow down 0.7%, S&P 500 down 1.2%, Nasdaq down 1.9%NEW YORK, July 26 (Reuters) - U.S. stocks ended sharply lower Tuesday as a profit warning by Walmart dragged down retail shares and exceptionally weak consumer confidence data also fueled fears about spending.Walmart shares sank 7.6% after the retailer cut its full-year profit forecast late on Monday. Walmart blamed surging prices for food and fuel, and said it needed to cut prices to pare inventories.Shares of Target Corp fell 3.6% and Amazon.com Inc dropped 5.2%, while the S&P 500 retail index declined 4.2%.On Tuesday, data showed U.S. consumer confidence dropped to nearly a 1-1/2-year low in July amid persistent worries about higher inflation and rising interest rates.\"The majority of companies that reported today beat (on) earnings, and that's been the case. But of course there have been some warnings, and that's what the market is focusing on,\" said Peter Cardillo, chief market economist at Spartan Capital Securities in New York.Amazon, which said it would raise fees for delivery and streaming service Prime in Europe by up to 43% a year, was the biggest drag on the Nasdaq and S&P 500, while consumer discretionary fell 3.3% and led declines among S&P 500 sectors.The Federal Reserve started a two-day meeting, and on Wednesday it is expected to announce a 0.75 percentage point interest rate hike to fight inflation. Investors have worried that aggressive interest rate hikes by the Fed could tip the economy into recession.The Dow Jones Industrial Average fell 228.5 points, or 0.71%, to 31,761.54, the S&P 500 lost 45.79 points, or 1.15%, to 3,921.05 and the Nasdaq Composite dropped 220.09 points, or 1.87%, to 11,562.58.A busy week for earnings also included reports from Alphabet Inc and Microsoft Corp after the bell.Shares of Microsoft were up 5% in after-hours trading while Alphabet was up 5% following the companies' results. Microsoft ended the regular session down 2.7% and Alphabet ended 2.3% lower on the day.Investors had been looking to see if this week's earnings news from mega-cap companies might help the stock market sustain its recent rally.Earnings from S&P 500 companies were expected to have risen 6.2% for the second quarter from the year-ago period, according to Refinitiv data.Also during the regular session, Coca-Cola Co gained 1.6% after the company raised its full-year revenue forecast. McDonald's Corp rose 2.7% after beating quarterly expectations.3M Co rose 4.9% after the industrial giant said it planned to spin off its healthcare business.read moreGeneral Electric Co gained 4.6% after the industrial conglomerate beat revenue and profit estimates.In other outlooks, the International Monetary Fund cut global growth forecasts again.Volume on U.S. exchanges was 9.60 billion shares, compared with the 10.93 billion average for the full session over the last 20 trading days.Declining issues outnumbered advancing ones on the NYSE by a 1.73-to-1 ratio; on Nasdaq, a 1.72-to-1 ratio favored decliners.The S&P 500 posted 1 new 52-week highs and 30 new lows; the Nasdaq Composite recorded 39 new highs and 138 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9077102357,"gmtCreate":1658462042879,"gmtModify":1676536163483,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9077102357","repostId":"1140292600","repostType":4,"repost":{"id":"1140292600","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658413047,"share":"https://ttm.financial/m/news/1140292600?lang=&edition=fundamental","pubTime":"2022-07-21 22:17","market":"us","language":"en","title":"AT&T Shares Plunged 9% in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1140292600","media":"Tiger Newspress","summary":"AT&T shares plunged 9% in morning trading as AT&T cut free cash flow forecast as it chased customer ","content":"<html><head></head><body><p>AT&amp;T shares plunged 9% in morning trading as AT&amp;T cut free cash flow forecast as it chased customer growth.</p><p><img src=\"https://static.tigerbbs.com/70f520149b34d72458d78cc0b432ddf0\" tg-width=\"856\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>AT&amp;T Inc on Thursday lowered its forecast for annual free cash flow by about $2 billion as it expands 5G and fiber internet availability and doubles down on promotional activities to gain subscribers.</p><p>AT&amp;T raised prices on some of its older plans in June and later warned that it could increase them again as red-hot inflation drives up costs of labor, supplies and transportation.</p><p>PP Foresight analyst Paolo Pescatore, however, said inflation will drive users to consider signing up for cheaper services.</p><p>AT&amp;T now expects full-year free cash flow of about $14 billion, down from around $16 billion forecast earlier.</p><p>The company added more than 800,000 monthly bill paying wireless subscribers and 316,000 new broadband customers in the second quarter ended June 30.</p><p>AT&amp;T raised its forecast for annual revenue growth at its wireless service business after total revenue of $29.6 billion came in-line with market estimates of $29.55 billion, according to IBES data from Refinitiv.</p><p>&#34;As a result of our higher-than-forecasted customer growth, we&#39;re increasing our mobility service revenue guidance to 4.5%-5% growth for the full year,&#34; Chief Executive Officer John Stankey said. The company had earlier forecast wireless service revenue growth of 3% or more.</p><p>Excluding items, the company earned 65 cents per share, beating estimates of 61 cents per share.</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>AT&T Shares Plunged 9% in Morning Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAT&T Shares Plunged 9% in Morning Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-21 22:17</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>AT&amp;T shares plunged 9% in morning trading as AT&amp;T cut free cash flow forecast as it chased customer growth.</p><p><img src=\"https://static.tigerbbs.com/70f520149b34d72458d78cc0b432ddf0\" tg-width=\"856\" tg-height=\"619\" width=\"100%\" height=\"auto\"/></p><p>AT&amp;T Inc on Thursday lowered its forecast for annual free cash flow by about $2 billion as it expands 5G and fiber internet availability and doubles down on promotional activities to gain subscribers.</p><p>AT&amp;T raised prices on some of its older plans in June and later warned that it could increase them again as red-hot inflation drives up costs of labor, supplies and transportation.</p><p>PP Foresight analyst Paolo Pescatore, however, said inflation will drive users to consider signing up for cheaper services.</p><p>AT&amp;T now expects full-year free cash flow of about $14 billion, down from around $16 billion forecast earlier.</p><p>The company added more than 800,000 monthly bill paying wireless subscribers and 316,000 new broadband customers in the second quarter ended June 30.</p><p>AT&amp;T raised its forecast for annual revenue growth at its wireless service business after total revenue of $29.6 billion came in-line with market estimates of $29.55 billion, according to IBES data from Refinitiv.</p><p>&#34;As a result of our higher-than-forecasted customer growth, we&#39;re increasing our mobility service revenue guidance to 4.5%-5% growth for the full year,&#34; Chief Executive Officer John Stankey said. The company had earlier forecast wireless service revenue growth of 3% or more.</p><p>Excluding items, the company earned 65 cents per share, beating estimates of 61 cents per share.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"T":"美国电话电报"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140292600","content_text":"AT&T shares plunged 9% in morning trading as AT&T cut free cash flow forecast as it chased customer growth.AT&T Inc on Thursday lowered its forecast for annual free cash flow by about $2 billion as it expands 5G and fiber internet availability and doubles down on promotional activities to gain subscribers.AT&T raised prices on some of its older plans in June and later warned that it could increase them again as red-hot inflation drives up costs of labor, supplies and transportation.PP Foresight analyst Paolo Pescatore, however, said inflation will drive users to consider signing up for cheaper services.AT&T now expects full-year free cash flow of about $14 billion, down from around $16 billion forecast earlier.The company added more than 800,000 monthly bill paying wireless subscribers and 316,000 new broadband customers in the second quarter ended June 30.AT&T raised its forecast for annual revenue growth at its wireless service business after total revenue of $29.6 billion came in-line with market estimates of $29.55 billion, according to IBES data from Refinitiv.\"As a result of our higher-than-forecasted customer growth, we're increasing our mobility service revenue guidance to 4.5%-5% growth for the full year,\" Chief Executive Officer John Stankey said. The company had earlier forecast wireless service revenue growth of 3% or more.Excluding items, the company earned 65 cents per share, beating estimates of 61 cents per share.","news_type":1},"isVote":1,"tweetType":1,"viewCount":289,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074481654,"gmtCreate":1658391294178,"gmtModify":1676536152057,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074481654","repostId":"1101718485","repostType":4,"repost":{"id":"1101718485","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1658390708,"share":"https://ttm.financial/m/news/1101718485?lang=&edition=fundamental","pubTime":"2022-07-21 16:05","market":"us","language":"en","title":"Carnival Shares Plunged About 10% in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1101718485","media":"Tiger Newspress","summary":"Carnival shares plunged about 10% in premarket trading following an announcement that the cruise ope","content":"<html><head></head><body><p>Carnival shares plunged about 10% in premarket trading following an announcement that the cruise operator intends to sell at least $1 billion in fresh stock.</p><p><img src=\"https://static.tigerbbs.com/7da74e8674373a075be2e285ef5cd505\" tg-width=\"856\" tg-height=\"618\" referrerpolicy=\"no-referrer\"/></p><p>The company announced that it intends to sell $1 billion in new shares, but underwriter Goldman Sachs [s:gs] could sell up to $150 million more. The company said it intends to use the proceeds for &#34;general corporate purposes, which could include addressing 2023 debt maturities.&#34;</p><p>Carnival shares rose 7.1% in regular trading Wednesday after the Centers for Disease Control and Prevention indicated that cruise operators and travelers will now be responsible for COVID-19 mitigation and safety.Carnival shares have fallen 44.9% so far this year, as the S&amp;P 500 index has declined 17.4%.</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>Carnival Shares Plunged About 10% in Premarket Trading</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nCarnival Shares Plunged About 10% in Premarket Trading\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-21 16:05</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Carnival shares plunged about 10% in premarket trading following an announcement that the cruise operator intends to sell at least $1 billion in fresh stock.</p><p><img src=\"https://static.tigerbbs.com/7da74e8674373a075be2e285ef5cd505\" tg-width=\"856\" tg-height=\"618\" referrerpolicy=\"no-referrer\"/></p><p>The company announced that it intends to sell $1 billion in new shares, but underwriter Goldman Sachs [s:gs] could sell up to $150 million more. The company said it intends to use the proceeds for &#34;general corporate purposes, which could include addressing 2023 debt maturities.&#34;</p><p>Carnival shares rose 7.1% in regular trading Wednesday after the Centers for Disease Control and Prevention indicated that cruise operators and travelers will now be responsible for COVID-19 mitigation and safety.Carnival shares have fallen 44.9% so far this year, as the S&amp;P 500 index has declined 17.4%.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"CCL":"嘉年华邮轮"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1101718485","content_text":"Carnival shares plunged about 10% in premarket trading following an announcement that the cruise operator intends to sell at least $1 billion in fresh stock.The company announced that it intends to sell $1 billion in new shares, but underwriter Goldman Sachs [s:gs] could sell up to $150 million more. The company said it intends to use the proceeds for \"general corporate purposes, which could include addressing 2023 debt maturities.\"Carnival shares rose 7.1% in regular trading Wednesday after the Centers for Disease Control and Prevention indicated that cruise operators and travelers will now be responsible for COVID-19 mitigation and safety.Carnival shares have fallen 44.9% so far this year, as the S&P 500 index has declined 17.4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":265,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9074529405,"gmtCreate":1658375412208,"gmtModify":1676536150071,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9074529405","repostId":"1188998938","repostType":4,"repost":{"id":"1188998938","pubTimestamp":1658362238,"share":"https://ttm.financial/m/news/1188998938?lang=&edition=fundamental","pubTime":"2022-07-21 08:10","market":"sg","language":"en","title":"Additional Support Anticipated For Singapore Stock Market","url":"https://stock-news.laohu8.com/highlight/detail?id=1188998938","media":"RTTNews","summary":"The Singapore stock market rebounded again on Wednesday, one session after halting the two-day winni","content":"<html><head></head><body><p>The Singapore stock market rebounded again on Wednesday, one session after halting the two-day winning streak in which it had collected more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,170-point plateau and it&#39;s predicted to open in the green again on Thursday.</p><p>The global forecast for the Asian markets is upbeat, with technology stocks expected to lead the way higher. The European and U.S. markets were up and the Asian markets are expected to open in a similar fashion.</p><p>The STI finished sharply higher on Wednesday following gains from the financial shares and property stocks, while the industrials were a mixed bag.</p><p>For the day, the index spiked 52.50 points or 1.68 percent to finish at the daily high of 3,170.29 after trading as low as 3,134.62. Volume was 982 million shares worth 1.05 billion Singapore dollars. There were 288 gainers and 183 decliners.</p><p>Among the actives, United Overseas Bank skyrocketed 3.44 percent, while DBS Group surged 3.01 percent, Keppel Corp soared 2.49 percent, Singapore Technologies Engineering spiked 2.25 percent, Oversea-Chinese Banking Corporation accelerated 2.03 percent, Yangzijiang Shipbuilding rallied 1.69 percent, City Developments jumped 1.44 percent, Yangzijiang Financial strengthened 1.25 percent, Mapletree Logistics Trust climbed 1.18 percent, CapitaLand Investment advanced 1.06 percent, SATS improved 1.00 percent, Hongkong Land increased 0.81 percent, Thai Beverage sank 0.78 percent, SingTel added 0.75 percent, Comfort DelGro gained 0.70 percent, Mapletree Commercial Trust rose 0.56 percent, Singapore Exchange collected 0.51 percent, Ascendas REIT perked 0.35 percent, SembCorp Industries fell 0.33 percent, Wilmar International was up 0.25 percent and Genting Singapore, CapitaLand Integrated Commercial Trust and Mapletree Industrial Trust were unchanged.</p><p>The lead from Wall Street is positive as the major averages opened mixed and remained that way through much of the session before a late rally pushed them all into the green by the close.</p><p>The Dow added 47.79 points or 0.15 percent to finish at 31,874.84, while the NASDAQ surged 184.50 points or 1.58 percent to end at 11,897.65 and the S&amp;P 500 rose 23.21 points or 0.59 percent to close at 3,959.90.</p><p>The jump by the NASDAQ reflected strength among tech stocks, which came amid a positive reaction to earnings news from Netflix (NFLX). Semiconductor stocks also turned in a strong performance on the day, with the Philadelphia Semiconductor Index spiking by 2.5 percent.</p><p>On the other hand, gold stocks came under pressure over the course of the session, dragging the NYSE Arca Gold Bugs Index down by 3.1 percent. The weakness among gold stocks came as the price of gold for August delivery fell $10.50 to $1,700.20 an ounce.</p><p>In U.S. economic news, the National Association of Realtors reported that existing home sales tumbled by much more than expected in June.</p><p>Crude oil futures settled lower Wednesday amid concerns about the outlook for gasoline demand during the summer driving season. West Texas Intermediate Crude oil futures for August ended lower by $1.96 or 1.9 percent at $102.26 a barrel on the expiration day.</p></body></html>","source":"lsy1626938412129","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>Additional Support Anticipated For Singapore Stock Market</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\">\nAdditional Support Anticipated For Singapore Stock Market\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-21 08:10 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.rttnews.com/3297882/additional-support-anticipated-for-singapore-stock-market.aspx?type=acom><strong>RTTNews</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The Singapore stock market rebounded again on Wednesday, one session after halting the two-day winning streak in which it had collected more than 30 points or 1 percent. The Straits Times Index now ...</p>\n\n<a href=\"https://www.rttnews.com/3297882/additional-support-anticipated-for-singapore-stock-market.aspx?type=acom\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"STI.SI":"富时新加坡海峡指数"},"source_url":"https://www.rttnews.com/3297882/additional-support-anticipated-for-singapore-stock-market.aspx?type=acom","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188998938","content_text":"The Singapore stock market rebounded again on Wednesday, one session after halting the two-day winning streak in which it had collected more than 30 points or 1 percent. The Straits Times Index now rests just above the 3,170-point plateau and it's predicted to open in the green again on Thursday.The global forecast for the Asian markets is upbeat, with technology stocks expected to lead the way higher. The European and U.S. markets were up and the Asian markets are expected to open in a similar fashion.The STI finished sharply higher on Wednesday following gains from the financial shares and property stocks, while the industrials were a mixed bag.For the day, the index spiked 52.50 points or 1.68 percent to finish at the daily high of 3,170.29 after trading as low as 3,134.62. Volume was 982 million shares worth 1.05 billion Singapore dollars. There were 288 gainers and 183 decliners.Among the actives, United Overseas Bank skyrocketed 3.44 percent, while DBS Group surged 3.01 percent, Keppel Corp soared 2.49 percent, Singapore Technologies Engineering spiked 2.25 percent, Oversea-Chinese Banking Corporation accelerated 2.03 percent, Yangzijiang Shipbuilding rallied 1.69 percent, City Developments jumped 1.44 percent, Yangzijiang Financial strengthened 1.25 percent, Mapletree Logistics Trust climbed 1.18 percent, CapitaLand Investment advanced 1.06 percent, SATS improved 1.00 percent, Hongkong Land increased 0.81 percent, Thai Beverage sank 0.78 percent, SingTel added 0.75 percent, Comfort DelGro gained 0.70 percent, Mapletree Commercial Trust rose 0.56 percent, Singapore Exchange collected 0.51 percent, Ascendas REIT perked 0.35 percent, SembCorp Industries fell 0.33 percent, Wilmar International was up 0.25 percent and Genting Singapore, CapitaLand Integrated Commercial Trust and Mapletree Industrial Trust were unchanged.The lead from Wall Street is positive as the major averages opened mixed and remained that way through much of the session before a late rally pushed them all into the green by the close.The Dow added 47.79 points or 0.15 percent to finish at 31,874.84, while the NASDAQ surged 184.50 points or 1.58 percent to end at 11,897.65 and the S&P 500 rose 23.21 points or 0.59 percent to close at 3,959.90.The jump by the NASDAQ reflected strength among tech stocks, which came amid a positive reaction to earnings news from Netflix (NFLX). Semiconductor stocks also turned in a strong performance on the day, with the Philadelphia Semiconductor Index spiking by 2.5 percent.On the other hand, gold stocks came under pressure over the course of the session, dragging the NYSE Arca Gold Bugs Index down by 3.1 percent. The weakness among gold stocks came as the price of gold for August delivery fell $10.50 to $1,700.20 an ounce.In U.S. economic news, the National Association of Realtors reported that existing home sales tumbled by much more than expected in June.Crude oil futures settled lower Wednesday amid concerns about the outlook for gasoline demand during the summer driving season. West Texas Intermediate Crude oil futures for August ended lower by $1.96 or 1.9 percent at $102.26 a barrel on the expiration day.","news_type":1},"isVote":1,"tweetType":1,"viewCount":236,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075279797,"gmtCreate":1658213634419,"gmtModify":1676536123303,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075279797","repostId":"1137926814","repostType":4,"repost":{"id":"1137926814","pubTimestamp":1658211987,"share":"https://ttm.financial/m/news/1137926814?lang=&edition=fundamental","pubTime":"2022-07-19 14:26","market":"us","language":"en","title":"Intel: An Update On The Turnaround Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1137926814","media":"Seeking Alpha","summary":"SummaryIntel 4 offers an impressive 2x density improvement compared to Intel 7, and its mass product","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Intel 4 offers an impressive 2x density improvement compared to Intel 7, and its mass production remains a strong catalyst for INTC.</li><li>The progress of the company&#39;s turnaround plan is evident, and the semiconductor giant is getting closer to its goal of regaining market leadership.</li><li>INTC is deeply undervalued, and investors willing to lock their money with the stock for three to four years will enjoy superior returns.</li></ul><p><b>Investment Thesis - Update</b></p><p>There have been a lot of apprehensions in the market regarding the turnaround strategy, IDM 2.0, that Intel Corporation&#39;s (NASDAQ:INTC) current CEO Patrick Gelsinger has so vehemently pursued since joining the company in 2021. Intel, without doubt, had become complacent and started to cede its leadership position in the chip industry to other competitors.</p><p>At this point in time, investors should focus on the company&#39;s technical and operational updates rather than historical financial metrics. So instead, this report explores the company&#39;s recent updates and progress. Regardless, since the launch of IDM 2.0, I firmly believe Intel is back on track and the current year updates on this strategy further support my initial bullish thesis on the firm.</p><p><img src=\"https://static.tigerbbs.com/ddf09c82efc1933ee41417626c772242\" tg-width=\"635\" tg-height=\"433\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data byYChartsIntel 4 - Catching Up With Competition</p><p>I have previously listed Intel 4 (7nm chip) production as one of the crucial catalysts for the stock, which is planned for later this year. Intel 4 remains Intel&#39;s top priority on Gelsinger&#39;s agenda. The long-awaited first EUV lithography 7nm chip promises a 20% performance-per-watt improvement, and accounting for the product of the nm and height (408*60 vs. 240*50), Intel 4 provides an impressive 2xdensityimprovement (24,480/12,000) compared to Intel 7.</p><p>In addition, using EUV will simplify the lithography process and streamline Intel&#39;s manufacturing process flow, leading to increased production capacity. The newly adopted modular approach will allow the company to make smaller steps by developing separate modules and avoiding the complexity and stress of having everything pre-built. The transition from DUV to EUV will also allow the company to increase transistor density, and the modular approach will support Intel in introducing new nodes fast with more frequent updates, a significant pivot compared to its old strategy ofgiant transistor density jumpsevery 4-5 years.</p><p><img src=\"https://static.tigerbbs.com/347bae75617a041ecfa63c04dde16bbc\" tg-width=\"640\" tg-height=\"451\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>2x Performance(semiwiki.com)</p><p><b>Quicker Return To Technological Leadership</b></p><p>Despite a few minor delays, Intel Xeon Processor Roadmap is still on track, with initial SKUs of Sapphire Rapids dispatched to select customers in the first quarter. However, the ramping of Sapphire Rapids is delayed until the latter half of this year. It follows the plan as long as it is ramped up in 2022.</p><p>In terms of a leadership roadmap that aims to reach five nodes in 4 years, Intel is fast on track as it is set to launch the Raptor Lake this year and has powered on its first disaggregated product, Meteor Lake, on April 29th, which is due in 2023. Under the five-process node transition, Intel had aimed at parity performance by 2024 and leadership in 2025. However, the CEO seems so confident in the company’s trajectory that he foresees a quicker return to leadership by 2024.</p><p><img src=\"https://static.tigerbbs.com/cc6f7dc32eb08a97e4d25c7e28d52dcd\" tg-width=\"640\" tg-height=\"341\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Sapphire Rapids(intel.com/newsroom)</p><p><b>Intel’s Entry Into Other Growth Markets</b></p><p>The launch of IntelArc A-series GPUs for laptops opens up a new market. Alchemist, the first of these products, began shipping to customers in the first quarter of 2022. Through this product, Intel has introduced itself as an alternative to Nvidia and AMD graphics cards. In addition, the GPU market enjoys strong pricing power as gamers continue to spend on their upgrades.</p><p>According to reports, Intel is playing safe by soft launching this product first in China, which is a small GPU market for Intel. Having fine-tuned its product according to the response of critical customers in China, the product will then be scaled aggressively in North America, which is when Intel will start to capture the market.</p><p><b>Update On CHIPS Act</b></p><p>The bill that involved $52 billion in subsidy funding to boost the semiconductor manufacturing industry in the US enjoyed bipartisan support and was passed by Senate last year. But there have been delays in passing this bill from Congress due to minor political issues. Nevertheless, numerous companies in the semiconductor manufacturing space have been pressing Congress to pass the bill before going on August recess.</p><p>Intel’s CEO has been actively lobbying for this bill and hinted toward slowing the pace of its Ohio plant and focussing more on investments in Europe in case the bill isn’t passed in July. However, I think it is just a matter of a few days before the CHIPS Act would pass Congress, potentially as a standalone bill, since the time sensitivity of this bill is being recognized across all levels. Once the bill completes its due course, Intel will benefit from the federal incentives and subsidies and accelerate the construction process.</p><p><b>The Ohio Plant</b></p><p>Intel had earlier announced an initial investment of $20 billion for the Ohio plant, taking the investment up to $100 billion in the following years to build the world’s largest chip-making complex in Ohio. In progress toward this milestone, Intel has finalized the purchase of about 750.6 acres of land in New Albany. Early construction work has also started; however, the company awaits passing of the $52 billion CHIPS Act in Congress before pacing up the construction work.</p><p><b>Investments In Europe</b></p><p>Not surprisingly, following the introduction of the CHIPS Act in the US, the EU also introduced the European Chips Act, which added €15 billion to an existing €30 billion in public investments to create new STEM-focused programs, attract new talent to Europe, and build new infrastructure. However, unlike the US, the EU was quite aggressive in moving forward with its version of the Chips Act. Therefore, Intel has announced major investments in Europe to expand its production and R&amp;D capacity there.</p><p>With the construction of two fabs expected to begin in H1 2023 in Magdeburg, Germany, announcing an additional €12 billion in expansion project in Ireland, getting into negotiation with Italy regarding a €4.5 billion manufacturing facility, planning to build its new European R&amp;D hub in France, and increasing lab spaces in Poland, Intel is enjoying the support of EU governments and is all out to expand its manufacturing capacity to regain its crown.</p><p>Intel’s attempt to shift the balance of the chip supply chain back towards Europe and America will have a long-lasting impact and be a game changer for the company and the chip industry.</p><p><img src=\"https://static.tigerbbs.com/81e045567b96a4d21c61eb51f24dfbd5\" tg-width=\"635\" tg-height=\"417\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Data by YCharts</p><p><b>Intel Foundry Services</b></p><p>Earlier this year, Intel announced the acquisition of Tower Semiconductor for $5.4B. The acquisition will provide the company with direct access to a chip foundry and a jumpstart to becoming a major provider of foundry services and capacity globally.</p><p>Intel&#39;s deal with the Israel-based semiconductor aims to enhance and boost its supply chain, bringing the company closer to its IFS target while bridging the gap to competition. Additionally, Intel will meaningfully expand its production capacity as Tower&#39;smanufacturing facilities across the globe generate an annual capacity of 2 million wafers starts. As per the company&#39;s forecast, the foundry market is expected to reach a sizable$180 billion TAMby 2030, suggesting a potential CAGR of 19% for the firm.</p><p><img src=\"https://static.tigerbbs.com/29b18eb995ab9258a3413901062dd2fa\" tg-width=\"640\" tg-height=\"346\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Investor Meeting 2022(intel.com/newsroom)</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>Intel: An Update On The Turnaround Plan</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\">\nIntel: An Update On The Turnaround Plan\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 14:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4523949-intel-update-on-turnaround-plan><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryIntel 4 offers an impressive 2x density improvement compared to Intel 7, and its mass production remains a strong catalyst for INTC.The progress of the company's turnaround plan is evident, and...</p>\n\n<a href=\"https://seekingalpha.com/article/4523949-intel-update-on-turnaround-plan\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"INTC":"英特尔"},"source_url":"https://seekingalpha.com/article/4523949-intel-update-on-turnaround-plan","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137926814","content_text":"SummaryIntel 4 offers an impressive 2x density improvement compared to Intel 7, and its mass production remains a strong catalyst for INTC.The progress of the company's turnaround plan is evident, and the semiconductor giant is getting closer to its goal of regaining market leadership.INTC is deeply undervalued, and investors willing to lock their money with the stock for three to four years will enjoy superior returns.Investment Thesis - UpdateThere have been a lot of apprehensions in the market regarding the turnaround strategy, IDM 2.0, that Intel Corporation's (NASDAQ:INTC) current CEO Patrick Gelsinger has so vehemently pursued since joining the company in 2021. Intel, without doubt, had become complacent and started to cede its leadership position in the chip industry to other competitors.At this point in time, investors should focus on the company's technical and operational updates rather than historical financial metrics. So instead, this report explores the company's recent updates and progress. Regardless, since the launch of IDM 2.0, I firmly believe Intel is back on track and the current year updates on this strategy further support my initial bullish thesis on the firm.Data byYChartsIntel 4 - Catching Up With CompetitionI have previously listed Intel 4 (7nm chip) production as one of the crucial catalysts for the stock, which is planned for later this year. Intel 4 remains Intel's top priority on Gelsinger's agenda. The long-awaited first EUV lithography 7nm chip promises a 20% performance-per-watt improvement, and accounting for the product of the nm and height (408*60 vs. 240*50), Intel 4 provides an impressive 2xdensityimprovement (24,480/12,000) compared to Intel 7.In addition, using EUV will simplify the lithography process and streamline Intel's manufacturing process flow, leading to increased production capacity. The newly adopted modular approach will allow the company to make smaller steps by developing separate modules and avoiding the complexity and stress of having everything pre-built. The transition from DUV to EUV will also allow the company to increase transistor density, and the modular approach will support Intel in introducing new nodes fast with more frequent updates, a significant pivot compared to its old strategy ofgiant transistor density jumpsevery 4-5 years.2x Performance(semiwiki.com)Quicker Return To Technological LeadershipDespite a few minor delays, Intel Xeon Processor Roadmap is still on track, with initial SKUs of Sapphire Rapids dispatched to select customers in the first quarter. However, the ramping of Sapphire Rapids is delayed until the latter half of this year. It follows the plan as long as it is ramped up in 2022.In terms of a leadership roadmap that aims to reach five nodes in 4 years, Intel is fast on track as it is set to launch the Raptor Lake this year and has powered on its first disaggregated product, Meteor Lake, on April 29th, which is due in 2023. Under the five-process node transition, Intel had aimed at parity performance by 2024 and leadership in 2025. However, the CEO seems so confident in the company’s trajectory that he foresees a quicker return to leadership by 2024.Sapphire Rapids(intel.com/newsroom)Intel’s Entry Into Other Growth MarketsThe launch of IntelArc A-series GPUs for laptops opens up a new market. Alchemist, the first of these products, began shipping to customers in the first quarter of 2022. Through this product, Intel has introduced itself as an alternative to Nvidia and AMD graphics cards. In addition, the GPU market enjoys strong pricing power as gamers continue to spend on their upgrades.According to reports, Intel is playing safe by soft launching this product first in China, which is a small GPU market for Intel. Having fine-tuned its product according to the response of critical customers in China, the product will then be scaled aggressively in North America, which is when Intel will start to capture the market.Update On CHIPS ActThe bill that involved $52 billion in subsidy funding to boost the semiconductor manufacturing industry in the US enjoyed bipartisan support and was passed by Senate last year. But there have been delays in passing this bill from Congress due to minor political issues. Nevertheless, numerous companies in the semiconductor manufacturing space have been pressing Congress to pass the bill before going on August recess.Intel’s CEO has been actively lobbying for this bill and hinted toward slowing the pace of its Ohio plant and focussing more on investments in Europe in case the bill isn’t passed in July. However, I think it is just a matter of a few days before the CHIPS Act would pass Congress, potentially as a standalone bill, since the time sensitivity of this bill is being recognized across all levels. Once the bill completes its due course, Intel will benefit from the federal incentives and subsidies and accelerate the construction process.The Ohio PlantIntel had earlier announced an initial investment of $20 billion for the Ohio plant, taking the investment up to $100 billion in the following years to build the world’s largest chip-making complex in Ohio. In progress toward this milestone, Intel has finalized the purchase of about 750.6 acres of land in New Albany. Early construction work has also started; however, the company awaits passing of the $52 billion CHIPS Act in Congress before pacing up the construction work.Investments In EuropeNot surprisingly, following the introduction of the CHIPS Act in the US, the EU also introduced the European Chips Act, which added €15 billion to an existing €30 billion in public investments to create new STEM-focused programs, attract new talent to Europe, and build new infrastructure. However, unlike the US, the EU was quite aggressive in moving forward with its version of the Chips Act. Therefore, Intel has announced major investments in Europe to expand its production and R&D capacity there.With the construction of two fabs expected to begin in H1 2023 in Magdeburg, Germany, announcing an additional €12 billion in expansion project in Ireland, getting into negotiation with Italy regarding a €4.5 billion manufacturing facility, planning to build its new European R&D hub in France, and increasing lab spaces in Poland, Intel is enjoying the support of EU governments and is all out to expand its manufacturing capacity to regain its crown.Intel’s attempt to shift the balance of the chip supply chain back towards Europe and America will have a long-lasting impact and be a game changer for the company and the chip industry.Data by YChartsIntel Foundry ServicesEarlier this year, Intel announced the acquisition of Tower Semiconductor for $5.4B. The acquisition will provide the company with direct access to a chip foundry and a jumpstart to becoming a major provider of foundry services and capacity globally.Intel's deal with the Israel-based semiconductor aims to enhance and boost its supply chain, bringing the company closer to its IFS target while bridging the gap to competition. Additionally, Intel will meaningfully expand its production capacity as Tower'smanufacturing facilities across the globe generate an annual capacity of 2 million wafers starts. As per the company's forecast, the foundry market is expected to reach a sizable$180 billion TAMby 2030, suggesting a potential CAGR of 19% for the firm.Investor Meeting 2022(intel.com/newsroom)","news_type":1},"isVote":1,"tweetType":1,"viewCount":192,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075245528,"gmtCreate":1658212684964,"gmtModify":1676536123201,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"authorIdStr":"3555613921632988","idStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075245528","repostId":"2252232163","repostType":4,"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9071880857,"gmtCreate":1657508542779,"gmtModify":1676536016776,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9071880857","repostId":"1145594046","repostType":4,"repost":{"id":"1145594046","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657175151,"share":"https://ttm.financial/m/news/1145594046?lang=&edition=fundamental","pubTime":"2022-07-07 14:25","market":"us","language":"en","title":"U.S. Big Banks Q2 Earnings Are Coming. Here’s What To Expect","url":"https://stock-news.laohu8.com/highlight/detail?id=1145594046","media":"Tiger Newspress","summary":"The disconnect between healthy business performance and ailing share prices in 2022 will likely cont","content":"<html><head></head><body><p>The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks.</p><p>Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase &amp; Co. and Morgan Stanley are slated to report earnings on Thursday, July 14, as the first two of the big-six U.S. banks.</p><p>Citigroup Inc. and Wells Fargo &amp; Co. both report earnings on Friday, July 15, while Bank of America Corp. and Goldman Sachs Group Inc. weigh in on July 18.</p><p><img src=\"https://static.tigerbbs.com/e3f544ab4078be7cd8d6f144aab677af\" tg-width=\"1500\" tg-height=\"1315\" referrerpolicy=\"no-referrer\"/></p><p><b>Bank Stocks Have Been Pulled Lower This Year</b></p><p>Bank stocks have been pulled lower this year by forward-looking recession woes, even as the current economic conditions remain relatively strong. The selloff in stock prices may appear to make sense, since stock market investors typically look ahead and earnings reports mostly provide a look back.</p><p>Some of the economic pessimism in the stock market came from the banks themselves, with JPMorgan Chase CEO Jamie Dimon warning of a hurricane coming in the economy in an appearance at the Bernstein Strategic Decisions Conference.</p><p>The Financial Select SPDR ETF ended the first half with a loss of 19.5%. The S&amp;P 500 index dropped 20.6% in its worst first half since 1970.</p><p>Bank of America’s stock ended the first half of 2022 with a loss of 30.0% as the weakest performer among the big six banks, while JPMorgan Chase shares have dropped 28.9%, Citigroup by 23.8%, and Wells Fargo by 18.4%.</p><p>Morgan Stanley stock had fallen by 22.5% since the start of 2022 and Goldman Sachs was off 22.4%.</p><p>Putting a positive spin on weak stock performances, Deutsche Bank analyst Matt O’Connor said bank stocks are already pricing in a 65% to 75% chance of a recession, which suggests “good upside potential” in 2023.</p><p>“Despite anticipating solid/strong 2Q results and likely upgrades to 2H outlooks (driven by higher net interest income), we don’t expect recession fears to abate,” O’Connor said.</p><p>During the second quarter, the economy continued cooling off, with banks facing a drop in mortgage lending as refinancings and home purchases fell back in the face of higher interest rates. Some jobs have been shed at JPMorgan and elsewhere as a result.</p><p>But analysts saw little reason to reduce megabank earnings forecasts by drastic margins since the end of the first quarter. Out of the six bank giants, analysts cut estimates on five, and raised estimates on JPMorgan Chase.</p><p><b>Analysts Ease Back on Profit Expectations</b></p><p>JPMorgan Chase is on deck to report second-quarter earnings of $2.93 a share on revenue of $31.99 billion, according to Bloomberg consensus.</p><p>Analysts expect Morgan Stanley to report earnings of $1.62 and revenue of $13.52 billion.</p><p>Up next is Citigroup, which is expected to earn $1.66 a share on revenue of $18.37 billion.</p><p>Wells Fargo is expected to earn 88 cents a share on revenue of $17.73 billion. Its second-quarter earnings target stood at 95 cents a share on March 31.</p><p>Bank of America is expected to report earnings of 79 cents a share on revenue of about $23.0 billion, according to Bloomberg consensus. At the end of the first quarter, analysts had expected the company to earn 83 cents share.</p><p>Finally, Goldman Sachs is on tap to earn $7.41 a share on revenue of $11.04 billion, according to Bloomberg consensus.</p><p><b>Analysts Comments</b></p><p>BofA Securities analyst Ebrahim H. Poonawala made it clear in his June 29 upgrade of Goldman Sachs to buy from hold that the investment bank and all other players in the industry face a bumpy road ahead.</p><p>“Our ratings change (first upgrade of 2022) does not indicate an improved outlook for bank stocks,” Poonawala said. “To the contrary, we see the stock as well-positioned to outperform in what is likely to be a worsening economic backdrop that could weigh more materially on the EPS outlooks for its balance sheet lending heavy peers.”</p><p>Goldman offers an attractive risk/reward profile relative to other bank stocks, he said.</p><p>“We believe that the volatility in the interest rates, FX, commodities markets is unlikely going away anytime soon and should serve as a tailwind for the markets business,” Poonawala said. “We also expect GS’s strong risk management to mitigate any material negative surprises owing to market dislocations.”</p><p>Oppenheimer analyst Chris Kotowski said it’s reasonable to expect some noise in banks’ second-quarter results, but for the most part, he expects in-line fundamental trends.</p><p>Banks signaled their relative health in mid-June conferences such as the Bernstein Strategic Decisions Conference and other gatherings.</p><p>“Bank after bank came out and said things were tracking well,” Kotowsky said in his note on Friday. “Loan growth and net interest margins (NIM) were, if anything, better than expected; expenses OK; and credit continues to track better than expected. Clearly with Jamie Dimon’s ‘hurricane’ out there, 2Q22E doesn’t tell us much where we’ll be in 12–18 months, but so far the visible trends are generally favorable.”</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>U.S. Big Banks Q2 Earnings Are Coming. Here’s What To Expect</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\">\nU.S. Big Banks Q2 Earnings Are Coming. Here’s What To Expect\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-07 14:25</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks.</p><p>Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase &amp; Co. and Morgan Stanley are slated to report earnings on Thursday, July 14, as the first two of the big-six U.S. banks.</p><p>Citigroup Inc. and Wells Fargo &amp; Co. both report earnings on Friday, July 15, while Bank of America Corp. and Goldman Sachs Group Inc. weigh in on July 18.</p><p><img src=\"https://static.tigerbbs.com/e3f544ab4078be7cd8d6f144aab677af\" tg-width=\"1500\" tg-height=\"1315\" referrerpolicy=\"no-referrer\"/></p><p><b>Bank Stocks Have Been Pulled Lower This Year</b></p><p>Bank stocks have been pulled lower this year by forward-looking recession woes, even as the current economic conditions remain relatively strong. The selloff in stock prices may appear to make sense, since stock market investors typically look ahead and earnings reports mostly provide a look back.</p><p>Some of the economic pessimism in the stock market came from the banks themselves, with JPMorgan Chase CEO Jamie Dimon warning of a hurricane coming in the economy in an appearance at the Bernstein Strategic Decisions Conference.</p><p>The Financial Select SPDR ETF ended the first half with a loss of 19.5%. The S&amp;P 500 index dropped 20.6% in its worst first half since 1970.</p><p>Bank of America’s stock ended the first half of 2022 with a loss of 30.0% as the weakest performer among the big six banks, while JPMorgan Chase shares have dropped 28.9%, Citigroup by 23.8%, and Wells Fargo by 18.4%.</p><p>Morgan Stanley stock had fallen by 22.5% since the start of 2022 and Goldman Sachs was off 22.4%.</p><p>Putting a positive spin on weak stock performances, Deutsche Bank analyst Matt O’Connor said bank stocks are already pricing in a 65% to 75% chance of a recession, which suggests “good upside potential” in 2023.</p><p>“Despite anticipating solid/strong 2Q results and likely upgrades to 2H outlooks (driven by higher net interest income), we don’t expect recession fears to abate,” O’Connor said.</p><p>During the second quarter, the economy continued cooling off, with banks facing a drop in mortgage lending as refinancings and home purchases fell back in the face of higher interest rates. Some jobs have been shed at JPMorgan and elsewhere as a result.</p><p>But analysts saw little reason to reduce megabank earnings forecasts by drastic margins since the end of the first quarter. Out of the six bank giants, analysts cut estimates on five, and raised estimates on JPMorgan Chase.</p><p><b>Analysts Ease Back on Profit Expectations</b></p><p>JPMorgan Chase is on deck to report second-quarter earnings of $2.93 a share on revenue of $31.99 billion, according to Bloomberg consensus.</p><p>Analysts expect Morgan Stanley to report earnings of $1.62 and revenue of $13.52 billion.</p><p>Up next is Citigroup, which is expected to earn $1.66 a share on revenue of $18.37 billion.</p><p>Wells Fargo is expected to earn 88 cents a share on revenue of $17.73 billion. Its second-quarter earnings target stood at 95 cents a share on March 31.</p><p>Bank of America is expected to report earnings of 79 cents a share on revenue of about $23.0 billion, according to Bloomberg consensus. At the end of the first quarter, analysts had expected the company to earn 83 cents share.</p><p>Finally, Goldman Sachs is on tap to earn $7.41 a share on revenue of $11.04 billion, according to Bloomberg consensus.</p><p><b>Analysts Comments</b></p><p>BofA Securities analyst Ebrahim H. Poonawala made it clear in his June 29 upgrade of Goldman Sachs to buy from hold that the investment bank and all other players in the industry face a bumpy road ahead.</p><p>“Our ratings change (first upgrade of 2022) does not indicate an improved outlook for bank stocks,” Poonawala said. “To the contrary, we see the stock as well-positioned to outperform in what is likely to be a worsening economic backdrop that could weigh more materially on the EPS outlooks for its balance sheet lending heavy peers.”</p><p>Goldman offers an attractive risk/reward profile relative to other bank stocks, he said.</p><p>“We believe that the volatility in the interest rates, FX, commodities markets is unlikely going away anytime soon and should serve as a tailwind for the markets business,” Poonawala said. “We also expect GS’s strong risk management to mitigate any material negative surprises owing to market dislocations.”</p><p>Oppenheimer analyst Chris Kotowski said it’s reasonable to expect some noise in banks’ second-quarter results, but for the most part, he expects in-line fundamental trends.</p><p>Banks signaled their relative health in mid-June conferences such as the Bernstein Strategic Decisions Conference and other gatherings.</p><p>“Bank after bank came out and said things were tracking well,” Kotowsky said in his note on Friday. “Loan growth and net interest margins (NIM) were, if anything, better than expected; expenses OK; and credit continues to track better than expected. Clearly with Jamie Dimon’s ‘hurricane’ out there, 2Q22E doesn’t tell us much where we’ll be in 12–18 months, but so far the visible trends are generally favorable.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"C":"花旗","JPM":"摩根大通","BAC":"美国银行","GS":"高盛","MS":"摩根士丹利","WFC":"富国银行"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1145594046","content_text":"The disconnect between healthy business performance and ailing share prices in 2022 will likely continue for megabanks through this year’s second-quarter earnings season, amid bear market conditions for stocks.Investors will likely be on the lookout for potential headwinds in loan growth and credit quality in the banking industry as JPMorgan Chase & Co. and Morgan Stanley are slated to report earnings on Thursday, July 14, as the first two of the big-six U.S. banks.Citigroup Inc. and Wells Fargo & Co. both report earnings on Friday, July 15, while Bank of America Corp. and Goldman Sachs Group Inc. weigh in on July 18.Bank Stocks Have Been Pulled Lower This YearBank stocks have been pulled lower this year by forward-looking recession woes, even as the current economic conditions remain relatively strong. The selloff in stock prices may appear to make sense, since stock market investors typically look ahead and earnings reports mostly provide a look back.Some of the economic pessimism in the stock market came from the banks themselves, with JPMorgan Chase CEO Jamie Dimon warning of a hurricane coming in the economy in an appearance at the Bernstein Strategic Decisions Conference.The Financial Select SPDR ETF ended the first half with a loss of 19.5%. The S&P 500 index dropped 20.6% in its worst first half since 1970.Bank of America’s stock ended the first half of 2022 with a loss of 30.0% as the weakest performer among the big six banks, while JPMorgan Chase shares have dropped 28.9%, Citigroup by 23.8%, and Wells Fargo by 18.4%.Morgan Stanley stock had fallen by 22.5% since the start of 2022 and Goldman Sachs was off 22.4%.Putting a positive spin on weak stock performances, Deutsche Bank analyst Matt O’Connor said bank stocks are already pricing in a 65% to 75% chance of a recession, which suggests “good upside potential” in 2023.“Despite anticipating solid/strong 2Q results and likely upgrades to 2H outlooks (driven by higher net interest income), we don’t expect recession fears to abate,” O’Connor said.During the second quarter, the economy continued cooling off, with banks facing a drop in mortgage lending as refinancings and home purchases fell back in the face of higher interest rates. Some jobs have been shed at JPMorgan and elsewhere as a result.But analysts saw little reason to reduce megabank earnings forecasts by drastic margins since the end of the first quarter. Out of the six bank giants, analysts cut estimates on five, and raised estimates on JPMorgan Chase.Analysts Ease Back on Profit ExpectationsJPMorgan Chase is on deck to report second-quarter earnings of $2.93 a share on revenue of $31.99 billion, according to Bloomberg consensus.Analysts expect Morgan Stanley to report earnings of $1.62 and revenue of $13.52 billion.Up next is Citigroup, which is expected to earn $1.66 a share on revenue of $18.37 billion.Wells Fargo is expected to earn 88 cents a share on revenue of $17.73 billion. Its second-quarter earnings target stood at 95 cents a share on March 31.Bank of America is expected to report earnings of 79 cents a share on revenue of about $23.0 billion, according to Bloomberg consensus. At the end of the first quarter, analysts had expected the company to earn 83 cents share.Finally, Goldman Sachs is on tap to earn $7.41 a share on revenue of $11.04 billion, according to Bloomberg consensus.Analysts CommentsBofA Securities analyst Ebrahim H. Poonawala made it clear in his June 29 upgrade of Goldman Sachs to buy from hold that the investment bank and all other players in the industry face a bumpy road ahead.“Our ratings change (first upgrade of 2022) does not indicate an improved outlook for bank stocks,” Poonawala said. “To the contrary, we see the stock as well-positioned to outperform in what is likely to be a worsening economic backdrop that could weigh more materially on the EPS outlooks for its balance sheet lending heavy peers.”Goldman offers an attractive risk/reward profile relative to other bank stocks, he said.“We believe that the volatility in the interest rates, FX, commodities markets is unlikely going away anytime soon and should serve as a tailwind for the markets business,” Poonawala said. “We also expect GS’s strong risk management to mitigate any material negative surprises owing to market dislocations.”Oppenheimer analyst Chris Kotowski said it’s reasonable to expect some noise in banks’ second-quarter results, but for the most part, he expects in-line fundamental trends.Banks signaled their relative health in mid-June conferences such as the Bernstein Strategic Decisions Conference and other gatherings.“Bank after bank came out and said things were tracking well,” Kotowsky said in his note on Friday. “Loan growth and net interest margins (NIM) were, if anything, better than expected; expenses OK; and credit continues to track better than expected. Clearly with Jamie Dimon’s ‘hurricane’ out there, 2Q22E doesn’t tell us much where we’ll be in 12–18 months, but so far the visible trends are generally favorable.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":91,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991080660,"gmtCreate":1660748457152,"gmtModify":1676536391429,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991080660","repostId":"1176923270","repostType":4,"repost":{"id":"1176923270","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1660745805,"share":"https://ttm.financial/m/news/1176923270?lang=&edition=fundamental","pubTime":"2022-08-17 22:16","market":"us","language":"en","title":"Semiconductor Stocks Slid in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1176923270","media":"Tiger Newspress","summary":"Semiconductor stocks slid in morning trading. Nvidia, Micron Technology, ASML, STM, AMD and ON Semic","content":"<html><head></head><body><p>Semiconductor stocks slid in morning trading. Nvidia, Micron Technology, ASML, STM, AMD and ON Semiconductor fell between 1% and 4%.<img src=\"https://static.tigerbbs.com/f8158b5f0182afe65e95c85b1c417fc1\" tg-width=\"440\" tg-height=\"604\" referrerpolicy=\"no-referrer\"/></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>Semiconductor Stocks Slid in Morning Trading </title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSemiconductor Stocks Slid in Morning Trading \n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-08-17 22:16</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Semiconductor stocks slid in morning trading. Nvidia, Micron Technology, ASML, STM, AMD and ON Semiconductor fell between 1% and 4%.<img src=\"https://static.tigerbbs.com/f8158b5f0182afe65e95c85b1c417fc1\" tg-width=\"440\" tg-height=\"604\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ON":"安森美半导体","MU":"美光科技","NVDA":"英伟达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1176923270","content_text":"Semiconductor stocks slid in morning trading. Nvidia, Micron Technology, ASML, STM, AMD and ON Semiconductor fell between 1% and 4%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":304,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9901510544,"gmtCreate":1659231965088,"gmtModify":1676536274358,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9901510544","repostId":"2255421465","repostType":4,"repost":{"id":"2255421465","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":1659226030,"share":"https://ttm.financial/m/news/2255421465?lang=&edition=fundamental","pubTime":"2022-07-31 08:07","market":"us","language":"en","title":"Biden Again Tests Positive for COVID-19, Feels \"Quite Well\" - White House","url":"https://stock-news.laohu8.com/highlight/detail?id=2255421465","media":"Reuters","summary":"WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Satur","content":"<html><head></head><body><p>WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Saturday, according to a statement from the White House physician, although he is experiencing no symptoms and feels &#34;quite well.&#34;</p><p>Biden, who tested positive for the disease nine days ago but then tested negative twice earlier this week, will resume isolation procedures, and his positive test is believed to be &#34;rebound&#34; positivity experienced by some COVID patients, according to White House physician Dr. Kevin O&#39;Connor.</p><p>Biden tweeted about his positive case, saying it can happen to a &#34;small minority of folks.&#34;</p><p>&#34;I’ve got no symptoms but I am going to isolate for the safety of everyone around me. I’m still at work, and will be back on the road soon,&#34; he tweeted.</p><p>The positive test jeopardizes a Tuesday trip to Michigan Biden had planned to tout the recent passage of legislation to boost the semiconductor industry, which the White House announced earlier Saturday.</p><p>O&#39;Connor said Biden, who is 79, tested negative for the last four days, and there is no plan to reinitiate treatment given his lack of symptoms.</p><p>Biden previously described his experience with COVID as mild, saying he was able to continue working while in isolation and attributed his relative ease with the disease to vaccines and other treatments.</p><p>O&#39;Connor had previously said Biden would be tested regularly to watch for a potential &#34;rebound&#34; COVID-19 case, which can be experienced by some patients who have been treated with Paxlovid, the drug the president received.</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>Biden Again Tests Positive for COVID-19, Feels \"Quite Well\" - White House</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\">\nBiden Again Tests Positive for COVID-19, Feels \"Quite Well\" - White House\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\">2022-07-31 08:07</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Saturday, according to a statement from the White House physician, although he is experiencing no symptoms and feels &#34;quite well.&#34;</p><p>Biden, who tested positive for the disease nine days ago but then tested negative twice earlier this week, will resume isolation procedures, and his positive test is believed to be &#34;rebound&#34; positivity experienced by some COVID patients, according to White House physician Dr. Kevin O&#39;Connor.</p><p>Biden tweeted about his positive case, saying it can happen to a &#34;small minority of folks.&#34;</p><p>&#34;I’ve got no symptoms but I am going to isolate for the safety of everyone around me. I’m still at work, and will be back on the road soon,&#34; he tweeted.</p><p>The positive test jeopardizes a Tuesday trip to Michigan Biden had planned to tout the recent passage of legislation to boost the semiconductor industry, which the White House announced earlier Saturday.</p><p>O&#39;Connor said Biden, who is 79, tested negative for the last four days, and there is no plan to reinitiate treatment given his lack of symptoms.</p><p>Biden previously described his experience with COVID as mild, saying he was able to continue working while in isolation and attributed his relative ease with the disease to vaccines and other treatments.</p><p>O&#39;Connor had previously said Biden would be tested regularly to watch for a potential &#34;rebound&#34; COVID-19 case, which can be experienced by some patients who have been treated with Paxlovid, the drug the president received.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2255421465","content_text":"WASHINGTON, July 30 (Reuters) - U.S. President Joe Biden again tested positive for COVID-19 on Saturday, according to a statement from the White House physician, although he is experiencing no symptoms and feels \"quite well.\"Biden, who tested positive for the disease nine days ago but then tested negative twice earlier this week, will resume isolation procedures, and his positive test is believed to be \"rebound\" positivity experienced by some COVID patients, according to White House physician Dr. Kevin O'Connor.Biden tweeted about his positive case, saying it can happen to a \"small minority of folks.\"\"I’ve got no symptoms but I am going to isolate for the safety of everyone around me. I’m still at work, and will be back on the road soon,\" he tweeted.The positive test jeopardizes a Tuesday trip to Michigan Biden had planned to tout the recent passage of legislation to boost the semiconductor industry, which the White House announced earlier Saturday.O'Connor said Biden, who is 79, tested negative for the last four days, and there is no plan to reinitiate treatment given his lack of symptoms.Biden previously described his experience with COVID as mild, saying he was able to continue working while in isolation and attributed his relative ease with the disease to vaccines and other treatments.O'Connor had previously said Biden would be tested regularly to watch for a potential \"rebound\" COVID-19 case, which can be experienced by some patients who have been treated with Paxlovid, the drug the president received.","news_type":1},"isVote":1,"tweetType":1,"viewCount":357,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049335315,"gmtCreate":1655760858637,"gmtModify":1676535696968,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049335315","repostId":"2244144354","repostType":4,"repost":{"id":"2244144354","pubTimestamp":1655738150,"share":"https://ttm.financial/m/news/2244144354?lang=&edition=fundamental","pubTime":"2022-06-20 23:15","market":"us","language":"en","title":"Own Palantir Stock At $5","url":"https://stock-news.laohu8.com/highlight/detail?id=2244144354","media":"Seekingalpha","summary":"SummarySelling puts are relatively safe but not completely risk-free. But then, neither is investing","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Selling puts are relatively safe but not completely risk-free. But then, neither is investing in general.</li><li>Please consider all the factors but the most important is the readiness to own the underlying stock.</li><li>Strong cash and low debt situation make Palantir a unique &#34;struggling&#34; stock.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8f6cfa718e8398417ea21d2c4e2d8712\" tg-width=\"1080\" tg-height=\"720\" referrerpolicy=\"no-referrer\"/><span>Michael Vi/iStock Editorial via Getty Images</span></p><p>Our recent article on buying Amazon (AMZN) at a lower price by selling puts was well received by Seeking Alpha readers and enjoyed a lengthy stay on the front page as one of the trending articles. The comments streamsuggested there are still a few misconceptions about selling puts. This article is aimed at clearing those misconceptions plus putting forward a trade on another tech name we are considering, Palantir Technologies (NYSE:PLTR).</p><p>Investors in Palantir have been in a world of pain. Sure, investors in general have been in pain but Palantir&#39;s has been &#34;off the charts&#34; as the stock has fallen nearly 80% from its all-time high of around $35 reached in 2021. In spite of that, we don&#39;t believe the stock has seen its worst nor has the market bottomed yet. If you are in the same camp, this sample trade shown below may be of interest to you. Once again, the intent is not to focus on this chain in particular but to educate readers on things to be aware of.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3622a487bf4a6f5b92d75928498143ff\" tg-width=\"640\" tg-height=\"337\" referrerpolicy=\"no-referrer\"/><span>PLTR Option Chain (TD Ameritrade)</span></p><p><b>Palantir - Key data points</b></p><ul><li>Strike Price: $5</li><li>Expiration Date: September 16th, 2022</li><li>Number of Contracts: 10</li><li>Premium: $0.21/share, for a total of $210.</li></ul><p>In simple words, the put seller will be collecting $210 to buy 1,000 shares of Palantir at $5 if the stock reaches $5 or below by September 16th, 2022. Time decay is in favor of the option seller.</p><p><b>What&#39;s the expected return and possible outcomes?</b></p><p>Return: The premium collected ($210) for setting aside $5,000 represents a return of 4.20% for about three months. Repeating this exercise 4 times a year would represent a compounded return of nearly 18% per year. By a show of hands, let&#39;s see how many won&#39;t take it, given how things are in the market today? Do we see two hands, or is that just one. Oh never mind, that&#39;s someone punching the air in delight.</p><p>Outcome #1: If Palantir stays above $5 by the expiration date, we retain just the premium above. We will not be obligated to buy the shares.</p><p>Outcome #2: If Palantir goes below $5 by the expiration date, we will be forced to buy 1,000 shares at $5, irrespective of where the stock trades at that time. Keeping the premium netted in mind, the average cost in this case will be $4.79 ($5 minus $0.21).</p><p>Outcome #3: As an option seller, one can &#34;buy to close&#34; anytime instead of waiting till the expiration date. For example, let&#39;s say a week after selling this put, Palantir&#39;s stock moves up to $10 from the current price of $8. In this case, the put seller may &#34;buy to close&#34; the chain to lock in profits and roll the funds onto another chain (or another stock). That may be appealing to those who have the time and patience to play short-dated options many times over. But we typically let the option expire before choosing another chain (or another stock).</p><p>Also note that if you start having second thoughts and don&#39;t want to own the stock if assigned, you may &#34;buy to close&#34; at a loss too, saving your $5,000 in process but perhaps losing few more dollars than the premium you received. In short, you may choose to close the chain any time before the expiration date.</p><p><b>Why we don&#39;t mind owning PLTR stock at $5?</b></p><ul><li>At $5, Palantir will be trading at a forward multiple of 31. Sure, that still sounds too high and EPS estimates (and actuals) are likely to come down. But even after accounting for more downward revisions, the growth rate expected justifies a slight premium for a company still in infancy of its growth stage as a public company (less than two years) but is already showing strong fundamentals as described below.</li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d428222bd3fc4aa4b70462bb2ca72dc5\" tg-width=\"640\" tg-height=\"185\" referrerpolicy=\"no-referrer\"/><span>PLTR EPS (SeekingAlpha.Com)</span></p><ul><li>At a market cap of $10B in this scenario, Palantir may even become an attractive buyout candidate for larger tech companies looking to bolster their data analytics. Google (GOOG) (GOOGL) recently announced a multi-year partnership with Palantir to help in its digital transformations. Imagine that. Google needing help with digital transformations sounds like a fish taking swim lessons at the Y! for additional practice. It also highlights Palantir&#39;s potential as a stand-alone company as well as an attractive acquisition target under the right circumstances.</li><li>At a market cap of $10B, Palantir&#39;s cash on hand (and equivalent) at $2.5 Billion would represent 25% of the company&#39;s total worth. The current market has thrown many &#34;rare&#34; situations at us. Palantir&#39;s strong cash position, low debt ($267 Million), and beaten down stock qualifies as one such rare situation that investors with appetite for volatility may like.</li></ul><p><b>A few misconceptions and things to be aware of</b></p><ul><li>It is not just about a lower strike price (or any other single factor) but the entire package: strike price, duration, premium and the willingness to own the underlying stock are equally important. We&#39;d argue the last factor is the most important.</li><li>Selling puts and writing covered calls are the safest ways to play the Options game. Sure, there are &#34;risks&#34; with any strategy, even with going long as the underlying stock can go to $0. But options allow both beginners and advanced investors to get a position in stocks they like without having to go all in at once.</li><li>To reiterate, please be sure to have enough cash set aside to be able to buy the shares in case you get assigned. In this example, the amount to be set aside is $5,000 (10 contracts at 100 shares each at $5) in return for $210 immediately. Never chase higher premiums on a stock that you wouldn&#39;t want to own at the strike price.</li></ul><p><b>Conclusion</b></p><p>The 2022 market has proven to us in real time that while market is down, the additional income from selling puts and writing covered calls helps cushion the blow. Generally speaking, down-trending markets are more favorable for writing covered calls than for selling puts but when carefully identified, selling puts can be profitable on specific companies that you believe in. Palantir at $5 is something we believe in.</p></body></html>","source":"seekingalpha","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>Own Palantir Stock At $5</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\">\nOwn Palantir Stock At $5\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-20 23:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4519293-palantir-stock-own-pltr-at-5-selling-puts><strong>Seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySelling puts are relatively safe but not completely risk-free. But then, neither is investing in general.Please consider all the factors but the most important is the readiness to own the ...</p>\n\n<a href=\"https://seekingalpha.com/article/4519293-palantir-stock-own-pltr-at-5-selling-puts\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"PLTR":"Palantir Technologies Inc."},"source_url":"https://seekingalpha.com/article/4519293-palantir-stock-own-pltr-at-5-selling-puts","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"2244144354","content_text":"SummarySelling puts are relatively safe but not completely risk-free. But then, neither is investing in general.Please consider all the factors but the most important is the readiness to own the underlying stock.Strong cash and low debt situation make Palantir a unique \"struggling\" stock.Michael Vi/iStock Editorial via Getty ImagesOur recent article on buying Amazon (AMZN) at a lower price by selling puts was well received by Seeking Alpha readers and enjoyed a lengthy stay on the front page as one of the trending articles. The comments streamsuggested there are still a few misconceptions about selling puts. This article is aimed at clearing those misconceptions plus putting forward a trade on another tech name we are considering, Palantir Technologies (NYSE:PLTR).Investors in Palantir have been in a world of pain. Sure, investors in general have been in pain but Palantir's has been \"off the charts\" as the stock has fallen nearly 80% from its all-time high of around $35 reached in 2021. In spite of that, we don't believe the stock has seen its worst nor has the market bottomed yet. If you are in the same camp, this sample trade shown below may be of interest to you. Once again, the intent is not to focus on this chain in particular but to educate readers on things to be aware of.PLTR Option Chain (TD Ameritrade)Palantir - Key data pointsStrike Price: $5Expiration Date: September 16th, 2022Number of Contracts: 10Premium: $0.21/share, for a total of $210.In simple words, the put seller will be collecting $210 to buy 1,000 shares of Palantir at $5 if the stock reaches $5 or below by September 16th, 2022. Time decay is in favor of the option seller.What's the expected return and possible outcomes?Return: The premium collected ($210) for setting aside $5,000 represents a return of 4.20% for about three months. Repeating this exercise 4 times a year would represent a compounded return of nearly 18% per year. By a show of hands, let's see how many won't take it, given how things are in the market today? Do we see two hands, or is that just one. Oh never mind, that's someone punching the air in delight.Outcome #1: If Palantir stays above $5 by the expiration date, we retain just the premium above. We will not be obligated to buy the shares.Outcome #2: If Palantir goes below $5 by the expiration date, we will be forced to buy 1,000 shares at $5, irrespective of where the stock trades at that time. Keeping the premium netted in mind, the average cost in this case will be $4.79 ($5 minus $0.21).Outcome #3: As an option seller, one can \"buy to close\" anytime instead of waiting till the expiration date. For example, let's say a week after selling this put, Palantir's stock moves up to $10 from the current price of $8. In this case, the put seller may \"buy to close\" the chain to lock in profits and roll the funds onto another chain (or another stock). That may be appealing to those who have the time and patience to play short-dated options many times over. But we typically let the option expire before choosing another chain (or another stock).Also note that if you start having second thoughts and don't want to own the stock if assigned, you may \"buy to close\" at a loss too, saving your $5,000 in process but perhaps losing few more dollars than the premium you received. In short, you may choose to close the chain any time before the expiration date.Why we don't mind owning PLTR stock at $5?At $5, Palantir will be trading at a forward multiple of 31. Sure, that still sounds too high and EPS estimates (and actuals) are likely to come down. But even after accounting for more downward revisions, the growth rate expected justifies a slight premium for a company still in infancy of its growth stage as a public company (less than two years) but is already showing strong fundamentals as described below.PLTR EPS (SeekingAlpha.Com)At a market cap of $10B in this scenario, Palantir may even become an attractive buyout candidate for larger tech companies looking to bolster their data analytics. Google (GOOG) (GOOGL) recently announced a multi-year partnership with Palantir to help in its digital transformations. Imagine that. Google needing help with digital transformations sounds like a fish taking swim lessons at the Y! for additional practice. It also highlights Palantir's potential as a stand-alone company as well as an attractive acquisition target under the right circumstances.At a market cap of $10B, Palantir's cash on hand (and equivalent) at $2.5 Billion would represent 25% of the company's total worth. The current market has thrown many \"rare\" situations at us. Palantir's strong cash position, low debt ($267 Million), and beaten down stock qualifies as one such rare situation that investors with appetite for volatility may like.A few misconceptions and things to be aware ofIt is not just about a lower strike price (or any other single factor) but the entire package: strike price, duration, premium and the willingness to own the underlying stock are equally important. We'd argue the last factor is the most important.Selling puts and writing covered calls are the safest ways to play the Options game. Sure, there are \"risks\" with any strategy, even with going long as the underlying stock can go to $0. But options allow both beginners and advanced investors to get a position in stocks they like without having to go all in at once.To reiterate, please be sure to have enough cash set aside to be able to buy the shares in case you get assigned. In this example, the amount to be set aside is $5,000 (10 contracts at 100 shares each at $5) in return for $210 immediately. Never chase higher premiums on a stock that you wouldn't want to own at the strike price.ConclusionThe 2022 market has proven to us in real time that while market is down, the additional income from selling puts and writing covered calls helps cushion the blow. Generally speaking, down-trending markets are more favorable for writing covered calls than for selling puts but when carefully identified, selling puts can be profitable on specific companies that you believe in. Palantir at $5 is something we believe in.","news_type":1},"isVote":1,"tweetType":1,"viewCount":83,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9949924836,"gmtCreate":1678320632526,"gmtModify":1678320636306,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9949924836","repostId":"2318238911","repostType":4,"repost":{"id":"2318238911","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":1678314793,"share":"https://ttm.financial/m/news/2318238911?lang=&edition=fundamental","pubTime":"2023-03-09 06:33","market":"us","language":"en","title":"Fed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says","url":"https://stock-news.laohu8.com/highlight/detail?id=2318238911","media":"Reuters","summary":"WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his mess","content":"<html><head></head><body><p>WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank&#39;s policy meeting in two weeks.</p><p>&#34;If - and I stress that no decision has been made on this - but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,&#34; Powell told the U.S. House of Representatives Financial Services Committee in testimony that added a cautionary clause to the otherwise identical message he delivered to a Senate committee on Tuesday.</p><p>He emphasized the point again in response to a question explicitly about the expected outcome of the March 21-22 meeting from Representative Patrick McHenry, the Republican chair of the committee.</p><p>&#34;We have not made any decision,&#34; Powell said, but will be looking closely at upcoming jobs data on Friday and inflation data next week in deciding whether rate hikes need to shift back into a higher gear.</p><p>As happened in the session on Tuesday, lawmakers pressed Powell about the impact Fed policy was having on the economy and whether officials were risking recession in the drive to temper price increases.</p><p>Powell acknowledged once again that the Fed was wrong in initially thinking inflation was only the result of &#34;transitory&#34; factors that would ease on their own, and said he was surprised as well in how the labor market has behaved through the recovery from the COVID-19 pandemic.</p><p>There have been &#34;a bunch of firsts,&#34; Powell said. &#34;If we ever get this pitch again, we&#39;ll know how to swing at it.&#34;</p><p>Asked if he would pause interest rate hikes to avoid a recession, Powell responded &#34;I don&#39;t do &#39;yes or no&#39; on &#39;will I pause interest rate hikes?&#39; That&#39;s a serious question. I can&#39;t tell you because I don&#39;t know all the facts.&#34;</p><p>The Fed&#39;s intense battle against inflation over the past year has reshaped financial markets, made home mortgages and other credit more costly, and aimed to cool the economy overall.</p><p>As of the start of the year it seemed to be working, with Powell at a Feb. 1 news conference saying a &#34;disinflationary process&#34; had taken hold.</p><p>Inflation data since then has been worse than expected, and revisions to prior months showed the Fed had made less progress than thought in returning inflation to its 2% target from current levels that are more than double that.</p><p>As Powell delivered his opening remarks, new job openings data showed little progress on one measure the Fed has focused on, with employers still holding 1.9 jobs open for each unemployed person, well above pre-pandemic norms.</p><p>Other aspects of the data, however, moved gradually in ways consistent with a softer job market. Overall openings dropped slightly, the rate at which workers were quitting continued a gradual decline, and the rate of layoffs increased.</p><p>In a separate release on Wednesday, the Fed&#39;s &#34;Beige Book&#34; report of anecdotal information about the economy showed the mixed picture developing on the ground, as some businesses reported freely passing along higher prices to consumers while others said they were starting to slice into profits to keep prices competitive.</p><p>Diminished corporate profit margins are something Powell said in the hearings this week should help pull inflation down after they escalated during the era of pandemic shortages.</p><h2>BLUNT ASSESSMENT</h2><p>But even if inflation has moderated from its high point last summer, it is not falling fast enough for the Fed&#39;s liking. The Fed chief&#39;s semi-annual testimony to Congress this week has again reset expectations of where the Fed is heading, with his blunt assessment that &#34;the ultimate level of interest rates is likely to be higher than previously anticipated&#34; because inflation is not falling as fast as it seemed just a few weeks ago.</p><p>Rate futures markets now expect policymakers to approve a half-percentage-point rate hike at the upcoming meeting.</p><p>Officials will also update projections on how high rates will ultimately need to be increased in order to squelch inflation. In their last set of projections, in mid-December, the median estimate of the high point of the Fed&#39;s benchmark overnight interest rate was between 5.00% and 5.25%, versus the current 4.50%-4.75% range.</p><p>Where that ends up remains to be seen, with Powell even offering some rationale for the benefits of slower rate hikes.</p><p>After a year of rapid rate increases, the economy may still be adjusting, Powell said, an argument for allowing more data to accumulate.</p><p>&#34;We know that slowing down the pace of rate hikes this year is a way for us to see more of those effects,&#34; Powell said.</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>Fed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says</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\">\nFed Still up in the Air on Whether to Accelerate Rate Hikes, Powell Says\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\">2023-03-09 06:33</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank&#39;s policy meeting in two weeks.</p><p>&#34;If - and I stress that no decision has been made on this - but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,&#34; Powell told the U.S. House of Representatives Financial Services Committee in testimony that added a cautionary clause to the otherwise identical message he delivered to a Senate committee on Tuesday.</p><p>He emphasized the point again in response to a question explicitly about the expected outcome of the March 21-22 meeting from Representative Patrick McHenry, the Republican chair of the committee.</p><p>&#34;We have not made any decision,&#34; Powell said, but will be looking closely at upcoming jobs data on Friday and inflation data next week in deciding whether rate hikes need to shift back into a higher gear.</p><p>As happened in the session on Tuesday, lawmakers pressed Powell about the impact Fed policy was having on the economy and whether officials were risking recession in the drive to temper price increases.</p><p>Powell acknowledged once again that the Fed was wrong in initially thinking inflation was only the result of &#34;transitory&#34; factors that would ease on their own, and said he was surprised as well in how the labor market has behaved through the recovery from the COVID-19 pandemic.</p><p>There have been &#34;a bunch of firsts,&#34; Powell said. &#34;If we ever get this pitch again, we&#39;ll know how to swing at it.&#34;</p><p>Asked if he would pause interest rate hikes to avoid a recession, Powell responded &#34;I don&#39;t do &#39;yes or no&#39; on &#39;will I pause interest rate hikes?&#39; That&#39;s a serious question. I can&#39;t tell you because I don&#39;t know all the facts.&#34;</p><p>The Fed&#39;s intense battle against inflation over the past year has reshaped financial markets, made home mortgages and other credit more costly, and aimed to cool the economy overall.</p><p>As of the start of the year it seemed to be working, with Powell at a Feb. 1 news conference saying a &#34;disinflationary process&#34; had taken hold.</p><p>Inflation data since then has been worse than expected, and revisions to prior months showed the Fed had made less progress than thought in returning inflation to its 2% target from current levels that are more than double that.</p><p>As Powell delivered his opening remarks, new job openings data showed little progress on one measure the Fed has focused on, with employers still holding 1.9 jobs open for each unemployed person, well above pre-pandemic norms.</p><p>Other aspects of the data, however, moved gradually in ways consistent with a softer job market. Overall openings dropped slightly, the rate at which workers were quitting continued a gradual decline, and the rate of layoffs increased.</p><p>In a separate release on Wednesday, the Fed&#39;s &#34;Beige Book&#34; report of anecdotal information about the economy showed the mixed picture developing on the ground, as some businesses reported freely passing along higher prices to consumers while others said they were starting to slice into profits to keep prices competitive.</p><p>Diminished corporate profit margins are something Powell said in the hearings this week should help pull inflation down after they escalated during the era of pandemic shortages.</p><h2>BLUNT ASSESSMENT</h2><p>But even if inflation has moderated from its high point last summer, it is not falling fast enough for the Fed&#39;s liking. The Fed chief&#39;s semi-annual testimony to Congress this week has again reset expectations of where the Fed is heading, with his blunt assessment that &#34;the ultimate level of interest rates is likely to be higher than previously anticipated&#34; because inflation is not falling as fast as it seemed just a few weeks ago.</p><p>Rate futures markets now expect policymakers to approve a half-percentage-point rate hike at the upcoming meeting.</p><p>Officials will also update projections on how high rates will ultimately need to be increased in order to squelch inflation. In their last set of projections, in mid-December, the median estimate of the high point of the Fed&#39;s benchmark overnight interest rate was between 5.00% and 5.25%, versus the current 4.50%-4.75% range.</p><p>Where that ends up remains to be seen, with Powell even offering some rationale for the benefits of slower rate hikes.</p><p>After a year of rapid rate increases, the economy may still be adjusting, Powell said, an argument for allowing more data to accumulate.</p><p>&#34;We know that slowing down the pace of rate hikes this year is a way for us to see more of those effects,&#34; Powell said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4096":"电气部件与设备",".SPX":"S&P 500 Index",".DJI":"道琼斯",".IXIC":"NASDAQ Composite"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2318238911","content_text":"WASHINGTON, March 8 (Reuters) - Federal Reserve Chair Jerome Powell on Wednesday reaffirmed his message of higher and potentially faster interest rate hikes, but emphasized that debate was still underway with a decision hinging on data to be issued before the U.S. central bank's policy meeting in two weeks.\"If - and I stress that no decision has been made on this - but if the totality of the data were to indicate that faster tightening is warranted, we would be prepared to increase the pace of rate hikes,\" Powell told the U.S. House of Representatives Financial Services Committee in testimony that added a cautionary clause to the otherwise identical message he delivered to a Senate committee on Tuesday.He emphasized the point again in response to a question explicitly about the expected outcome of the March 21-22 meeting from Representative Patrick McHenry, the Republican chair of the committee.\"We have not made any decision,\" Powell said, but will be looking closely at upcoming jobs data on Friday and inflation data next week in deciding whether rate hikes need to shift back into a higher gear.As happened in the session on Tuesday, lawmakers pressed Powell about the impact Fed policy was having on the economy and whether officials were risking recession in the drive to temper price increases.Powell acknowledged once again that the Fed was wrong in initially thinking inflation was only the result of \"transitory\" factors that would ease on their own, and said he was surprised as well in how the labor market has behaved through the recovery from the COVID-19 pandemic.There have been \"a bunch of firsts,\" Powell said. \"If we ever get this pitch again, we'll know how to swing at it.\"Asked if he would pause interest rate hikes to avoid a recession, Powell responded \"I don't do 'yes or no' on 'will I pause interest rate hikes?' That's a serious question. I can't tell you because I don't know all the facts.\"The Fed's intense battle against inflation over the past year has reshaped financial markets, made home mortgages and other credit more costly, and aimed to cool the economy overall.As of the start of the year it seemed to be working, with Powell at a Feb. 1 news conference saying a \"disinflationary process\" had taken hold.Inflation data since then has been worse than expected, and revisions to prior months showed the Fed had made less progress than thought in returning inflation to its 2% target from current levels that are more than double that.As Powell delivered his opening remarks, new job openings data showed little progress on one measure the Fed has focused on, with employers still holding 1.9 jobs open for each unemployed person, well above pre-pandemic norms.Other aspects of the data, however, moved gradually in ways consistent with a softer job market. Overall openings dropped slightly, the rate at which workers were quitting continued a gradual decline, and the rate of layoffs increased.In a separate release on Wednesday, the Fed's \"Beige Book\" report of anecdotal information about the economy showed the mixed picture developing on the ground, as some businesses reported freely passing along higher prices to consumers while others said they were starting to slice into profits to keep prices competitive.Diminished corporate profit margins are something Powell said in the hearings this week should help pull inflation down after they escalated during the era of pandemic shortages.BLUNT ASSESSMENTBut even if inflation has moderated from its high point last summer, it is not falling fast enough for the Fed's liking. The Fed chief's semi-annual testimony to Congress this week has again reset expectations of where the Fed is heading, with his blunt assessment that \"the ultimate level of interest rates is likely to be higher than previously anticipated\" because inflation is not falling as fast as it seemed just a few weeks ago.Rate futures markets now expect policymakers to approve a half-percentage-point rate hike at the upcoming meeting.Officials will also update projections on how high rates will ultimately need to be increased in order to squelch inflation. In their last set of projections, in mid-December, the median estimate of the high point of the Fed's benchmark overnight interest rate was between 5.00% and 5.25%, versus the current 4.50%-4.75% range.Where that ends up remains to be seen, with Powell even offering some rationale for the benefits of slower rate hikes.After a year of rapid rate increases, the economy may still be adjusting, Powell said, an argument for allowing more data to accumulate.\"We know that slowing down the pace of rate hikes this year is a way for us to see more of those effects,\" Powell said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":504,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9075245528,"gmtCreate":1658212684964,"gmtModify":1676536123201,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9075245528","repostId":"2252232163","repostType":4,"repost":{"id":"2252232163","pubTimestamp":1658209763,"share":"https://ttm.financial/m/news/2252232163?lang=&edition=fundamental","pubTime":"2022-07-19 13:49","market":"us","language":"en","title":"3 Stocks to Avoid This Week","url":"https://stock-news.laohu8.com/highlight/detail?id=2252232163","media":"Motley Fool","summary":"These investments seem pretty vulnerable right now.","content":"<html><head></head><body><p>Things went according to plan for my &#34;three stocks to avoid&#34; column last week. The three stocks I thought were going to lose to the market for the week -- <b>Conagra</b>, <b>Coinbase</b>, and <b>ExxonMobil</b> -- finished down 4%, 11%, and 2%, respectively, averaging out to a 5.7% slide.</p><p>The <b>S&amp;P 500</b> experienced a 0.9% descent, and all three of the investments I figured would fare worse did exactly that. I was right. I have been correct in 26 of the past 39 weeks.</p><p>Where do I go to next? I see <b>Twitter</b> (TWTR 4.00%), <b>BJ&#39;s Restaurants</b> (BJRI 3.36%), and <b>Tesla Motors</b> (TSLA 0.74%) as stocks you may want to consider steering clear of this week. Let&#39;s go over my near-term concerns with all three investments.</p><h2><b>Twitter</b></h2><p>Shares of Twitter have soared 16% in the past four trading days. Elon Musk&#39;s decision to pull out of his purchase of the platform initially hurt Twitter, but now the stock&#39;s rallying as value investors and armchair legal buffs rush to its aid.</p><p>There&#39;s a healthy amount of upside if Musk is somehow forced to raise the $44 billion that he needed to acquire the social media giant. The problem is that it&#39;s never that easy. Even if Musk is found to be liable for the $1 billion penalty associated with walking away, this is just a little more than $1 gain before taxes.</p><p>Twitter itself has eroded by more than $1 billion. Musk&#39;s theatrics have blurred Twitter&#39;s focus, and growth stocks in general have fallen sharply in recent months. No one knows how this saga will end. Even Musk and Twitter don&#39;t know. However, with the $54.20-a-share exit strategy seeming so unlikely, investors are bidding up the stock when the potential downside is getting more pronounced and problematic.</p><h2><b>BJ&#39;s Restaurants</b></h2><p>It&#39;s been a couple of years since I&#39;ve eaten at a BJ&#39;s Restaurant &amp; Brewhouse, but I don&#39;t have anything necessarily negative to say about the concept. Blending craft brews, deep dish pizzas, and other casual dining staples covers a wide range of mainstream tastes. However, with the chain of 214 restaurants across the country reporting quarterly results on Thursday afternoon, it&#39;s OK to be critical.</p><p>BJ&#39;s Restaurants has fallen short of Wall Street profit targets in two of its past three reports, and those forecasts have been inching lower heading into this week&#39;s financial update. Many chains are coping with soaring food costs, staffing challenges, and rattling consumer confidence. The stock hit a new 52-week low last week. Another uninspiring report this week can make it an encore performance.</p><h2><b>Tesla Motors</b></h2><p>An initial beneficiary when Musk announced that he had lost that loving feeling with Twitter was Tesla. His electric-vehicle empire could now get more of its CEO&#39;s attention. Tesla probably needs it.</p><p>Tesla Motors is gaining market share, but growth is decelerating. Analysts see revenue growth slowing from 58% this year to 37% next year. Higher gas prices helped draw attention to Tesla vehicles, but we&#39;ve seen prices at the pump sink swiftly in recent weeks. Nearly every automaker is working on electric vehicles, with many of them at lower sticker prices than Tesla. Don&#39;t forget that Tesla recently went through layoffs, so it&#39;s not exactly the picture of health these days.</p><p>The long-term prognosis for Tesla is bullish. The valuation is a concern, and there could be some speed bumps in the near term.</p><p>It&#39;s going to be a bumpy road for some of these investments. If you&#39;re looking for safe stocks, you aren&#39;t likely to find them in Twitter, BJ&#39;s Restaurants, and Tesla Motors this week.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>3 Stocks to Avoid This Week</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n3 Stocks to Avoid This Week\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-19 13:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/07/18/3-stocks-to-avoid-this-week/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Things went according to plan for my \"three stocks to avoid\" column last week. The three stocks I thought were going to lose to the market for the week -- Conagra, Coinbase, and ExxonMobil -- finished...</p>\n\n<a href=\"https://www.fool.com/investing/2022/07/18/3-stocks-to-avoid-this-week/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BJRI":"BJs餐饮","TWTR":"Twitter","TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2022/07/18/3-stocks-to-avoid-this-week/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2252232163","content_text":"Things went according to plan for my \"three stocks to avoid\" column last week. The three stocks I thought were going to lose to the market for the week -- Conagra, Coinbase, and ExxonMobil -- finished down 4%, 11%, and 2%, respectively, averaging out to a 5.7% slide.The S&P 500 experienced a 0.9% descent, and all three of the investments I figured would fare worse did exactly that. I was right. I have been correct in 26 of the past 39 weeks.Where do I go to next? I see Twitter (TWTR 4.00%), BJ's Restaurants (BJRI 3.36%), and Tesla Motors (TSLA 0.74%) as stocks you may want to consider steering clear of this week. Let's go over my near-term concerns with all three investments.TwitterShares of Twitter have soared 16% in the past four trading days. Elon Musk's decision to pull out of his purchase of the platform initially hurt Twitter, but now the stock's rallying as value investors and armchair legal buffs rush to its aid.There's a healthy amount of upside if Musk is somehow forced to raise the $44 billion that he needed to acquire the social media giant. The problem is that it's never that easy. Even if Musk is found to be liable for the $1 billion penalty associated with walking away, this is just a little more than $1 gain before taxes.Twitter itself has eroded by more than $1 billion. Musk's theatrics have blurred Twitter's focus, and growth stocks in general have fallen sharply in recent months. No one knows how this saga will end. Even Musk and Twitter don't know. However, with the $54.20-a-share exit strategy seeming so unlikely, investors are bidding up the stock when the potential downside is getting more pronounced and problematic.BJ's RestaurantsIt's been a couple of years since I've eaten at a BJ's Restaurant & Brewhouse, but I don't have anything necessarily negative to say about the concept. Blending craft brews, deep dish pizzas, and other casual dining staples covers a wide range of mainstream tastes. However, with the chain of 214 restaurants across the country reporting quarterly results on Thursday afternoon, it's OK to be critical.BJ's Restaurants has fallen short of Wall Street profit targets in two of its past three reports, and those forecasts have been inching lower heading into this week's financial update. Many chains are coping with soaring food costs, staffing challenges, and rattling consumer confidence. The stock hit a new 52-week low last week. Another uninspiring report this week can make it an encore performance.Tesla MotorsAn initial beneficiary when Musk announced that he had lost that loving feeling with Twitter was Tesla. His electric-vehicle empire could now get more of its CEO's attention. Tesla probably needs it.Tesla Motors is gaining market share, but growth is decelerating. Analysts see revenue growth slowing from 58% this year to 37% next year. Higher gas prices helped draw attention to Tesla vehicles, but we've seen prices at the pump sink swiftly in recent weeks. Nearly every automaker is working on electric vehicles, with many of them at lower sticker prices than Tesla. Don't forget that Tesla recently went through layoffs, so it's not exactly the picture of health these days.The long-term prognosis for Tesla is bullish. The valuation is a concern, and there could be some speed bumps in the near term.It's going to be a bumpy road for some of these investments. If you're looking for safe stocks, you aren't likely to find them in Twitter, BJ's Restaurants, and Tesla Motors this week.","news_type":1},"isVote":1,"tweetType":1,"viewCount":162,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9072859183,"gmtCreate":1658019346042,"gmtModify":1676536093522,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9072859183","repostId":"2252083446","repostType":4,"repost":{"id":"2252083446","pubTimestamp":1658018233,"share":"https://ttm.financial/m/news/2252083446?lang=&edition=fundamental","pubTime":"2022-07-17 08:37","market":"us","language":"en","title":"Boeing Cuts 20-Year Industrywide Outlook for Planes","url":"https://stock-news.laohu8.com/highlight/detail?id=2252083446","media":"StreetInsider","summary":"U.S. airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next ","content":"<html><head></head><body><p>U.S. airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market.</p><p>Boeing projects airlines worldwide will need 41,170 new airplanes over 20 years with half of the deliveries for replacement aircraft, and with single-aisle aircraft accounting for about 75% of planes.</p><p>Boeing&#39;s new market outlook, released on Sunday ahead of the Farnborough Airshow, is down from its previous rolling 20-year-forecast of 43,610 deliveries.</p><p>The new estimate excludes the Russian market and its projection of 1,540 airplanes, because of the war in Ukraine and uncertainty about when manufacturers could again sell planes to Russian carriers.</p><p>Boeing slightly boosted its forecast for demand over the next 10 years to 19,575 airplane deliveries -- a higher projection even excluding the Russian market.</p><p>&#34;That&#39;s a function of a depressed environment in 2021 falling off and a new trend year in 2031 being added,&#34; Darren Hulst, Boeing vice president for commercial marketing, told reporters in a briefing ahead of the Sunday release. &#34;It comes very close to our 2019&#34; outlook if Russia was included.</p><p>Boeing also dropped its industrywide passenger traffic forecast growth rate slightly to 3.8% from 4%, but boosted its cargo growth forecast to 4.1% from 4% last year. It cut its fleet growth forecast to 2.8% from 3.1%. Its forecast for widebody deliveries over 20 years fell from 7,670 to 7,230.</p><p>Boeing still projects the global airline fleet by 2041 will nearly double as it still sees a worldwide aviation demand COVID-19 recovery by early 2024.</p><p>Over the next 20 years Boeing said &#34;long-term fundamentals remain intact.&#34;</p><p>&#34;Our view of medium-term recovery -- when the industry gets back to 2019 levels of global airline traffic -- is largely unchanged&#34; since 2020, Hulst said. &#34;Overall, we still see late 2023, early 2024 as the time where the industry recovers to full or at least the level of pre-pandemic traffic.&#34;</p><p>Boeing sees strong near-term demand for aircraft despite recession risks.</p><p>&#34;The global industry is still on a recovery trajectory back to where the normal relationship of GDP and traffic would be,&#34; Hulst said. &#34;Any small blip from an economy standpoint would be probably overwhelmed by the demand that exists as a result of those normal economic relationships.&#34;</p><p>Boeing also projects the freighter fleet will grow 80% by 2041. Air cargo is performing at &#34;historic levels,&#34; Hulst said, saying it is in part &#34;a function of the increasing strategic value of air cargo relative to supply chains that are challenged and shipping that is challenged.&#34;</p><p>Boeing sees e-commerce networks as helping to drive a &#34;strategic shift to air cargo even into the medium- and long-term. ... This isn&#39;t just a blip in terms of shipping versus air.&#34;</p><p>Hulst said the number of routes with more than one airline operating has more than doubled over the last two decades -- representing 70% of all capacity. It demonstrates &#34;the continuous innovation that airlines need to have to continue to compete at lower costs to attract more and more traffic.&#34;</p><p>Air cargo still only accounts for 1% of global trade. &#34;A small shift in terms of mode of transportation, of key elements of trade, makes a big impact in terms of demand for air cargo,&#34; Hulst said.</p></body></html>","source":"highlight_streetinsider","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>Boeing Cuts 20-Year Industrywide Outlook for Planes</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\">\nBoeing Cuts 20-Year Industrywide Outlook for Planes\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-07-17 08:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20332923><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market.Boeing projects ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20332923\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4516":"特朗普概念","BK4564":"太空概念","BK4187":"航天航空与国防","BA":"波音","BK4551":"寇图资本持仓"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20332923","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2252083446","content_text":"U.S. airplane maker Boeing Co trimmed its projected industrywide demand for airplanes over the next 20 years, but said it expects deliveries to be stable excluding the Russian market.Boeing projects airlines worldwide will need 41,170 new airplanes over 20 years with half of the deliveries for replacement aircraft, and with single-aisle aircraft accounting for about 75% of planes.Boeing's new market outlook, released on Sunday ahead of the Farnborough Airshow, is down from its previous rolling 20-year-forecast of 43,610 deliveries.The new estimate excludes the Russian market and its projection of 1,540 airplanes, because of the war in Ukraine and uncertainty about when manufacturers could again sell planes to Russian carriers.Boeing slightly boosted its forecast for demand over the next 10 years to 19,575 airplane deliveries -- a higher projection even excluding the Russian market.\"That's a function of a depressed environment in 2021 falling off and a new trend year in 2031 being added,\" Darren Hulst, Boeing vice president for commercial marketing, told reporters in a briefing ahead of the Sunday release. \"It comes very close to our 2019\" outlook if Russia was included.Boeing also dropped its industrywide passenger traffic forecast growth rate slightly to 3.8% from 4%, but boosted its cargo growth forecast to 4.1% from 4% last year. It cut its fleet growth forecast to 2.8% from 3.1%. Its forecast for widebody deliveries over 20 years fell from 7,670 to 7,230.Boeing still projects the global airline fleet by 2041 will nearly double as it still sees a worldwide aviation demand COVID-19 recovery by early 2024.Over the next 20 years Boeing said \"long-term fundamentals remain intact.\"\"Our view of medium-term recovery -- when the industry gets back to 2019 levels of global airline traffic -- is largely unchanged\" since 2020, Hulst said. \"Overall, we still see late 2023, early 2024 as the time where the industry recovers to full or at least the level of pre-pandemic traffic.\"Boeing sees strong near-term demand for aircraft despite recession risks.\"The global industry is still on a recovery trajectory back to where the normal relationship of GDP and traffic would be,\" Hulst said. \"Any small blip from an economy standpoint would be probably overwhelmed by the demand that exists as a result of those normal economic relationships.\"Boeing also projects the freighter fleet will grow 80% by 2041. Air cargo is performing at \"historic levels,\" Hulst said, saying it is in part \"a function of the increasing strategic value of air cargo relative to supply chains that are challenged and shipping that is challenged.\"Boeing sees e-commerce networks as helping to drive a \"strategic shift to air cargo even into the medium- and long-term. ... This isn't just a blip in terms of shipping versus air.\"Hulst said the number of routes with more than one airline operating has more than doubled over the last two decades -- representing 70% of all capacity. It demonstrates \"the continuous innovation that airlines need to have to continue to compete at lower costs to attract more and more traffic.\"Air cargo still only accounts for 1% of global trade. \"A small shift in terms of mode of transportation, of key elements of trade, makes a big impact in terms of demand for air cargo,\" Hulst said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":115,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9043749916,"gmtCreate":1655970820935,"gmtModify":1676535742830,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9043749916","repostId":"2245953214","repostType":4,"repost":{"id":"2245953214","pubTimestamp":1655967059,"share":"https://ttm.financial/m/news/2245953214?lang=&edition=fundamental","pubTime":"2022-06-23 14:50","market":"us","language":"en","title":"How Long Will This Bear Market Last? Here's What History Shows","url":"https://stock-news.laohu8.com/highlight/detail?id=2245953214","media":"Motley Fool","summary":"A look back can help you plan your next move.","content":"<html><head></head><body><p>Officially, we are in a bear market -- that&#39;s when stocks close 20% lower than their most recent highs. The question on every investor&#39;s mind: How long will this bear market last?</p><p>No <a href=\"https://laohu8.com/S/AONE.U\">one</a> really knows the answer. Sure, pundits will try to predict (or guess), but those predictions will cover every outcome possible, from a quick, painless recovery to an extended downturn, the likes of which we&#39;ve never seen.</p><p>A look backwards, though, tells us this bear market will likely fall between those two extremes.</p><h2>What history says about bear markets</h2><p>Since 1950, the <b>S&amp;P 500 </b>has dropped more than 20% on 11 occasions. Below are some interesting data points on those pullbacks, according to a new report from Yardeni Research (PDF).</p><ul><li>The early 2000s bear market took <b>929 days</b> to reach its lowest point. That&#39;s about two and a half years. This bear market occurred after the amazing rise of internet stocks in the late-1990s.</li><li>The second-longest bear market started in 1973 and took <b>630 days</b> to hit bottom. Contributing factors to the downturn were inflation, slow economic growth, and political turmoil surrounding U.S. President Nixon.</li><li>The early 80&#39;s bear market lingered for <b>622 days</b> before stocks started rising again. Inflation had a role here too. The Fed took an aggressive stance against rising prices by raising the federal funds rate to an eye-popping 20%. A recession and high unemployment followed.</li><li>History&#39;s shortest bear market was the 2020 downturn, prompted by pandemic-related shutdowns and uncertainty. Stock prices fell for only <b>33 days</b> before returning to growth.</li><li>On average, not including this current cycle, bear markets last <b>388 days</b> -- or just over one year.</li><li>Excluding the longest and shortest bear markets of 2000 and 2020, respectively, the average bear market duration is almost exactly <b>one year</b>.</li><li>Since 2000, there have been only three bear markets not including this one. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> of the three have lasted longer than the one-year average.</li></ul><h2>Investing in a bear market</h2><p>Perhaps the most useful takeaway history provides is that bear markets have always given way to bull markets. If you can avoid selling out of your holdings, or even better, investing throughout the downturn, you&#39;ll be positioned for strong gains on the other side.</p><p>Admittedly, continuing to invest in a bear market is emotionally challenging, but you can make small changes to your investment approach to make it easier. For example:</p><ul><li>If you&#39;re light on cash savings, you might increase your emergency fund deposits temporarily. An extra liquidity cushion can help you avoid reaching into your portfolio when share prices are down.</li><li>You might lean into dividend stocks more than you have in the past. Whether you reinvest your dividends or take them in cash, you&#39;ll appreciate the stability in the throes of a bear market.</li><li>You might rethink your risk tolerance. Except for blips in 2018 and 2020, the market has been strong for years. In bull markets, it&#39;s tough to guage how much risk you can handle -- now&#39;s the time to ask that question. If you&#39;re invested more aggressively than you&#39;d like, you can balance that risk incrementally by adding more conservative, blue-chip positions.</li></ul><h2>This bear market, too, shall pass</h2><p>Bear markets are always uncomfortable for investors. Fortunately, as proven by history, they&#39;re also temporary. You and your wealth can survive this cycle -- often without changing your investment approach at all.</p><p>If you are compelled to make changes, do so incrementally. Avoid panic selling and major reallocations if you can. Patience will pay off, because there should be another bull market in our future -- and you want to be enjoying your share of those big recovery gains.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>How Long Will This Bear Market Last? Here's What History Shows</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\">\nHow Long Will This Bear Market Last? Here's What History Shows\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-23 14:50 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/22/how-long-will-bear-market-last-what-history-shows/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Officially, we are in a bear market -- that's when stocks close 20% lower than their most recent highs. The question on every investor's mind: How long will this bear market last?No one really knows ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/22/how-long-will-bear-market-last-what-history-shows/\">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",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.fool.com/investing/2022/06/22/how-long-will-bear-market-last-what-history-shows/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2245953214","content_text":"Officially, we are in a bear market -- that's when stocks close 20% lower than their most recent highs. The question on every investor's mind: How long will this bear market last?No one really knows the answer. Sure, pundits will try to predict (or guess), but those predictions will cover every outcome possible, from a quick, painless recovery to an extended downturn, the likes of which we've never seen.A look backwards, though, tells us this bear market will likely fall between those two extremes.What history says about bear marketsSince 1950, the S&P 500 has dropped more than 20% on 11 occasions. Below are some interesting data points on those pullbacks, according to a new report from Yardeni Research (PDF).The early 2000s bear market took 929 days to reach its lowest point. That's about two and a half years. This bear market occurred after the amazing rise of internet stocks in the late-1990s.The second-longest bear market started in 1973 and took 630 days to hit bottom. Contributing factors to the downturn were inflation, slow economic growth, and political turmoil surrounding U.S. President Nixon.The early 80's bear market lingered for 622 days before stocks started rising again. Inflation had a role here too. The Fed took an aggressive stance against rising prices by raising the federal funds rate to an eye-popping 20%. A recession and high unemployment followed.History's shortest bear market was the 2020 downturn, prompted by pandemic-related shutdowns and uncertainty. Stock prices fell for only 33 days before returning to growth.On average, not including this current cycle, bear markets last 388 days -- or just over one year.Excluding the longest and shortest bear markets of 2000 and 2020, respectively, the average bear market duration is almost exactly one year.Since 2000, there have been only three bear markets not including this one. Two of the three have lasted longer than the one-year average.Investing in a bear marketPerhaps the most useful takeaway history provides is that bear markets have always given way to bull markets. If you can avoid selling out of your holdings, or even better, investing throughout the downturn, you'll be positioned for strong gains on the other side.Admittedly, continuing to invest in a bear market is emotionally challenging, but you can make small changes to your investment approach to make it easier. For example:If you're light on cash savings, you might increase your emergency fund deposits temporarily. An extra liquidity cushion can help you avoid reaching into your portfolio when share prices are down.You might lean into dividend stocks more than you have in the past. Whether you reinvest your dividends or take them in cash, you'll appreciate the stability in the throes of a bear market.You might rethink your risk tolerance. Except for blips in 2018 and 2020, the market has been strong for years. In bull markets, it's tough to guage how much risk you can handle -- now's the time to ask that question. If you're invested more aggressively than you'd like, you can balance that risk incrementally by adding more conservative, blue-chip positions.This bear market, too, shall passBear markets are always uncomfortable for investors. Fortunately, as proven by history, they're also temporary. You and your wealth can survive this cycle -- often without changing your investment approach at all.If you are compelled to make changes, do so incrementally. Avoid panic selling and major reallocations if you can. Patience will pay off, because there should be another bull market in our future -- and you want to be enjoying your share of those big recovery gains.","news_type":1},"isVote":1,"tweetType":1,"viewCount":56,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9049035366,"gmtCreate":1655717592455,"gmtModify":1676535692071,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9049035366","repostId":"2244493940","repostType":4,"repost":{"id":"2244493940","pubTimestamp":1655739300,"share":"https://ttm.financial/m/news/2244493940?lang=&edition=fundamental","pubTime":"2022-06-20 23:35","market":"us","language":"en","title":"Should You Really Buy Stocks Now Or Wait a While Longer?","url":"https://stock-news.laohu8.com/highlight/detail?id=2244493940","media":"Motley Fool","summary":"Some stocks are trading at incredibly low prices.","content":"<html><head></head><body><p><b>KEY POINTS</b></p><ul><li>Investing during a bear market may seem scary -- but this kind of market offers opportunity for long-term investors.</li><li>It’s important to look at each individual company&#39;s future prospects and valuation.</li></ul><p>When the stock market is soaring, it&#39;s easy to get into the buying mood. That&#39;s because we actually see investments bearing fruit right away. Even if some share prices are high, the sheer momentum of the whole market offers us confidence that those prices could climb even higher.</p><p>But when the stock market stumbles, our eagerness to get in on the action may disappear -- and quickly. All at once we ask ourselves how long the downturn will last. We even might doubt the recovery of certain stocks that, in better market conditions, seemed like sure winners.</p><p>This scenario is probably playing out for a lot of us right now. The <b>S&amp;P 500</b> Index slipped into a bear market this week, inflation has been galloping higher, and interest rates are on the rise around the world. Now the question is: Should you really buy stocks right now? Or is it best to wait a while longer? Let&#39;s find out.</p><p><b>The advantages of buying now</b></p><p>First, let&#39;s talk about the advantages of buying stocks now. A huge one is valuation. Many solid stocks have dropped to incredibly low levels. I&#39;m talking bargain basement.</p><p>For example, high-growth electric-vehicle maker <b>Tesla</b> is trading at 56 times forward earnings estimates -- down from more than 160 just six months ago. That&#39;s as measures like return on invested capital and free cash flow are climbing.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3c79471685dde54defe572e75f5d83a5\" tg-width=\"720\" tg-height=\"466\" referrerpolicy=\"no-referrer\"/><span>TSLA PE RATIO (FORWARD) DATA BY YCHARTS.</span></p><p>Another example is coronavirus vaccine giant <b>Moderna</b>. The company continues to bring in billions in revenue and profit, and today it&#39;s trading at only 4.6 times forward earnings estimates. That&#39;s down from more than 16 a year ago.</p><p>There are plenty of other examples across industries. Today, those stocks that were trading at much higher valuations a short time ago now are available at very reasonable prices.</p><p>Another reason to buy now is you avoid the risk of missing out on the eventual rebound.History tells us markets always bounce back. It&#39;s just a question of time. So your favorite players could rise at any moment.</p><p>Now let&#39;s talk about the one big disadvantage of buying stocks today -- and that&#39;s the risk that the market may fall even more. You might be able to get that stock you&#39;re interested in for<i>an even lower</i> valuation.</p><p>And what if stocks remain at this undervalued level for a while? Then you&#39;ll really have to wait to benefit from your investment. This is the reason some investors are hesitating to buy stocks right now.</p><p><b>The importance of long-term investing</b></p><p>Considering these points, what should you do? First, it&#39;s important to note that you only should buy stocks right now if you plan on investing for the long term. By this I mean at least five years.</p><p>This doesn&#39;t mean the downturn will last this long. This is the time horizon I always favor. That&#39;s because it gives a company time to recover -- if it happens to go through challenging times such as a period of high inflation. And it gives a company time to grow -- no matter what the economic situation.</p><p>As always, it&#39;s important to invest what you can afford to invest. That means you should also set aside funds for use in an emergency -- so you don&#39;t have to dip into your investments.</p><p>As for buying stocks, here&#39;s what I say: When you feel that a company&#39;s business is strong, future prospects are bright, and the price is fair, it&#39;s probably time to get in on that story. So right now could be the perfect time to buy certain stocks.</p><p>As mentioned above, share prices could decline further. It&#39;s nearly impossible to grab a stock at its lowest price. But if you invest for the long term, that won&#39;t really matter. You&#39;ll still benefit from your favorite stock&#39;s recovery -- and growth in the years to come.</p><p>All of this means we shouldn&#39;t fear bear markets. And any day can be the right moment to invest.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Should You Really Buy Stocks Now Or Wait a While Longer?</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\">\nShould You Really Buy Stocks Now Or Wait a While Longer?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-20 23:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com.au/2022/06/20/should-you-really-buy-stocks-now-or-wait-a-while-longer-usfeed/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSInvesting during a bear market may seem scary -- but this kind of market offers opportunity for long-term investors.It’s important to look at each individual company's future prospects and ...</p>\n\n<a href=\"https://www.fool.com.au/2022/06/20/should-you-really-buy-stocks-now-or-wait-a-while-longer-usfeed/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index",".IXIC":"NASDAQ Composite",".DJI":"道琼斯"},"source_url":"https://www.fool.com.au/2022/06/20/should-you-really-buy-stocks-now-or-wait-a-while-longer-usfeed/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2244493940","content_text":"KEY POINTSInvesting during a bear market may seem scary -- but this kind of market offers opportunity for long-term investors.It’s important to look at each individual company's future prospects and valuation.When the stock market is soaring, it's easy to get into the buying mood. That's because we actually see investments bearing fruit right away. Even if some share prices are high, the sheer momentum of the whole market offers us confidence that those prices could climb even higher.But when the stock market stumbles, our eagerness to get in on the action may disappear -- and quickly. All at once we ask ourselves how long the downturn will last. We even might doubt the recovery of certain stocks that, in better market conditions, seemed like sure winners.This scenario is probably playing out for a lot of us right now. The S&P 500 Index slipped into a bear market this week, inflation has been galloping higher, and interest rates are on the rise around the world. Now the question is: Should you really buy stocks right now? Or is it best to wait a while longer? Let's find out.The advantages of buying nowFirst, let's talk about the advantages of buying stocks now. A huge one is valuation. Many solid stocks have dropped to incredibly low levels. I'm talking bargain basement.For example, high-growth electric-vehicle maker Tesla is trading at 56 times forward earnings estimates -- down from more than 160 just six months ago. That's as measures like return on invested capital and free cash flow are climbing.TSLA PE RATIO (FORWARD) DATA BY YCHARTS.Another example is coronavirus vaccine giant Moderna. The company continues to bring in billions in revenue and profit, and today it's trading at only 4.6 times forward earnings estimates. That's down from more than 16 a year ago.There are plenty of other examples across industries. Today, those stocks that were trading at much higher valuations a short time ago now are available at very reasonable prices.Another reason to buy now is you avoid the risk of missing out on the eventual rebound.History tells us markets always bounce back. It's just a question of time. So your favorite players could rise at any moment.Now let's talk about the one big disadvantage of buying stocks today -- and that's the risk that the market may fall even more. You might be able to get that stock you're interested in foran even lower valuation.And what if stocks remain at this undervalued level for a while? Then you'll really have to wait to benefit from your investment. This is the reason some investors are hesitating to buy stocks right now.The importance of long-term investingConsidering these points, what should you do? First, it's important to note that you only should buy stocks right now if you plan on investing for the long term. By this I mean at least five years.This doesn't mean the downturn will last this long. This is the time horizon I always favor. That's because it gives a company time to recover -- if it happens to go through challenging times such as a period of high inflation. And it gives a company time to grow -- no matter what the economic situation.As always, it's important to invest what you can afford to invest. That means you should also set aside funds for use in an emergency -- so you don't have to dip into your investments.As for buying stocks, here's what I say: When you feel that a company's business is strong, future prospects are bright, and the price is fair, it's probably time to get in on that story. So right now could be the perfect time to buy certain stocks.As mentioned above, share prices could decline further. It's nearly impossible to grab a stock at its lowest price. But if you invest for the long term, that won't really matter. You'll still benefit from your favorite stock's recovery -- and growth in the years to come.All of this means we shouldn't fear bear markets. And any day can be the right moment to invest.","news_type":1},"isVote":1,"tweetType":1,"viewCount":64,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9056420370,"gmtCreate":1655077207090,"gmtModify":1676535555579,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9056420370","repostId":"1170887506","repostType":4,"repost":{"id":"1170887506","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1655084153,"share":"https://ttm.financial/m/news/1170887506?lang=&edition=fundamental","pubTime":"2022-06-13 09:35","market":"us","language":"en","title":"US Futures Fall as Inflation Shock Saps Sentiment","url":"https://stock-news.laohu8.com/highlight/detail?id=1170887506","media":"Tiger Newspress","summary":"US equity futures slid early Monday following a surprise American inflation print that heaped pressu","content":"<html><head></head><body><p>US equity futures slid early Monday following a surprise American inflation print that heaped pressure on the Federal Reserve to intensify monetary tightening.</p><p>Nasdaq 100 contracts shed 2.05%, while those for the S&amp;P 500 fell 1.47%, in the wake of steep losses on Wall Street that contributed to the worst drop in global shares last week since October 2020.</p><p><img src=\"https://static.tigerbbs.com/db7586cfcbc65dc1b0322d3201b75d02\" tg-width=\"558\" tg-height=\"243\" referrerpolicy=\"no-referrer\"/></p><p>New Zealand’s 10-year bond yield topped 4% for the first time since 2014 in the slipstream of a Treasuries slump that left the US two-year yield at a 14-year high. Yields on 30-year Treasuries are below those on five-year notes, pointing to fears that sharp Fed interest-rate hikes will spark a hard economic landing.</p><p>The dollar was firm on haven demand amid the toxic mix of rising costs and slower growth. Risk sensitive currencies like the Australian dollar weakened. Oil, one of the commodities stoking price gains, retreated below $120 a barrel.</p><p>“At some point financial conditions will tighten enough and/or growth will weaken enough such that the Fed can pause from hiking,” Goldman Sachs Group Inc. strategists including Zach Pandl wrote in a note. “But we still seem far from that point, which suggests upside risks to bond yields, ongoing pressure on risky assets, and likely broad US dollar strength for now.”</p><p>The US consumer price index rose 8.6% in May from a year earlier -- a fresh 40-year high -- in a broad-based advance, adding to a slate of troubling inflation data globally. Many investors expect half-point Fed rate hikes this week and again in July and September. Barclays Plc and Jefferies LLC said an even bigger 75-basis-point move is possible at the June meeting.</p><p>Poor sentiment was evident over the weekend in a cryptocurrency slide that took Bitcoin as low as $26,877, the weakest since mid-May.</p><p>In Australia, financial markets are closed for a holiday.</p><p></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>US Futures Fall as Inflation Shock Saps Sentiment</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nUS Futures Fall as Inflation Shock Saps Sentiment\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-06-13 09:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>US equity futures slid early Monday following a surprise American inflation print that heaped pressure on the Federal Reserve to intensify monetary tightening.</p><p>Nasdaq 100 contracts shed 2.05%, while those for the S&amp;P 500 fell 1.47%, in the wake of steep losses on Wall Street that contributed to the worst drop in global shares last week since October 2020.</p><p><img src=\"https://static.tigerbbs.com/db7586cfcbc65dc1b0322d3201b75d02\" tg-width=\"558\" tg-height=\"243\" referrerpolicy=\"no-referrer\"/></p><p>New Zealand’s 10-year bond yield topped 4% for the first time since 2014 in the slipstream of a Treasuries slump that left the US two-year yield at a 14-year high. Yields on 30-year Treasuries are below those on five-year notes, pointing to fears that sharp Fed interest-rate hikes will spark a hard economic landing.</p><p>The dollar was firm on haven demand amid the toxic mix of rising costs and slower growth. Risk sensitive currencies like the Australian dollar weakened. Oil, one of the commodities stoking price gains, retreated below $120 a barrel.</p><p>“At some point financial conditions will tighten enough and/or growth will weaken enough such that the Fed can pause from hiking,” Goldman Sachs Group Inc. strategists including Zach Pandl wrote in a note. “But we still seem far from that point, which suggests upside risks to bond yields, ongoing pressure on risky assets, and likely broad US dollar strength for now.”</p><p>The US consumer price index rose 8.6% in May from a year earlier -- a fresh 40-year high -- in a broad-based advance, adding to a slate of troubling inflation data globally. Many investors expect half-point Fed rate hikes this week and again in July and September. Barclays Plc and Jefferies LLC said an even bigger 75-basis-point move is possible at the June meeting.</p><p>Poor sentiment was evident over the weekend in a cryptocurrency slide that took Bitcoin as low as $26,877, the weakest since mid-May.</p><p>In Australia, financial markets are closed for a holiday.</p><p></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1170887506","content_text":"US equity futures slid early Monday following a surprise American inflation print that heaped pressure on the Federal Reserve to intensify monetary tightening.Nasdaq 100 contracts shed 2.05%, while those for the S&P 500 fell 1.47%, in the wake of steep losses on Wall Street that contributed to the worst drop in global shares last week since October 2020.New Zealand’s 10-year bond yield topped 4% for the first time since 2014 in the slipstream of a Treasuries slump that left the US two-year yield at a 14-year high. Yields on 30-year Treasuries are below those on five-year notes, pointing to fears that sharp Fed interest-rate hikes will spark a hard economic landing.The dollar was firm on haven demand amid the toxic mix of rising costs and slower growth. Risk sensitive currencies like the Australian dollar weakened. Oil, one of the commodities stoking price gains, retreated below $120 a barrel.“At some point financial conditions will tighten enough and/or growth will weaken enough such that the Fed can pause from hiking,” Goldman Sachs Group Inc. strategists including Zach Pandl wrote in a note. “But we still seem far from that point, which suggests upside risks to bond yields, ongoing pressure on risky assets, and likely broad US dollar strength for now.”The US consumer price index rose 8.6% in May from a year earlier -- a fresh 40-year high -- in a broad-based advance, adding to a slate of troubling inflation data globally. Many investors expect half-point Fed rate hikes this week and again in July and September. Barclays Plc and Jefferies LLC said an even bigger 75-basis-point move is possible at the June meeting.Poor sentiment was evident over the weekend in a cryptocurrency slide that took Bitcoin as low as $26,877, the weakest since mid-May.In Australia, financial markets are closed for a holiday.","news_type":1},"isVote":1,"tweetType":1,"viewCount":128,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9056255413,"gmtCreate":1655029815532,"gmtModify":1676535550484,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9056255413","repostId":"2242669765","repostType":4,"isVote":1,"tweetType":1,"viewCount":124,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9084543431,"gmtCreate":1650894800119,"gmtModify":1676534810717,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9084543431","repostId":"1114586059","repostType":4,"repost":{"id":"1114586059","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1650438219,"share":"https://ttm.financial/m/news/1114586059?lang=&edition=fundamental","pubTime":"2022-04-20 15:03","market":"us","language":"en","title":"Meta Earnings Preview: Bracing for Another Rough Quarter","url":"https://stock-news.laohu8.com/highlight/detail?id=1114586059","media":"Tiger Newspress","summary":"Wall Street is bracing for another rough quarter for Facebook-parent Meta Platforms.Meta Platforms's","content":"<html><head></head><body><p>Wall Street is bracing for another rough quarter for Facebook-parent Meta Platforms.</p><p>Meta Platforms&#39;s first quarter 2022 financial results will be released after market close on Wednesday, April 27, 2022.</p><p>The company’s fourth quarter results, reported in early February, triggered a huge selloff in Meta’s shares. First-quarter guidance was well shy of Street estimates, and the company warned that Apple’s policy changes would slice $10 billion from 2022 revenue. </p><p>With the stock down 35% year to date, investors will look to see if the company&#39;s latest performance can reinvigorate interest in the stock.</p><p>Signs of broader slowing in the overall digital advertising sector—and continued fallout from Apple’s (ticker: AAPL) push to limit the tracking of iPhone user activity across apps and websites—don’t bode well for the social media giant.</p><p><b>The impact of iOS on revenue</b></p><p>Meta&#39;s decelerating top-line growth in the company&#39;s most recent quarter and management&#39;s guidance for a further slowdown in Q1 has been the main reason for the stock&#39;s sharp decline as of late. After reporting impressive year-over-year revenue growth of 35% in the third quarter of 2021, fourth-quarter revenue growth slowed to a rate of just 20%. Even more concerning, management guided for revenue in the first quarter of 2021 to increase just 3% to 11%, compared to the year-ago quarter.</p><p>What was the main reason for this sudden slowdown in growth? Recent changes to ad tracking and measurement on <b>Apple</b>&#39;s iOS mobile-operating system. Privacy-focused changes on iOS have made it more difficult for Meta to implement targeting and measurement on the platform.</p><p>Fortunately, Meta management seemed optimistic about eventually working through these issues. But Meta said it could take several years to do so.</p><p>Investors, however, should note that Meta is notoriously conservative about its guidance. In other words, revenue growth usually comes in ahead of management&#39;s outlook. To this end, the social network giant will likely grow its revenue by at least 11% year over year in Q1. But there are no guarantees.</p><p>Whatever growth rate the company reports, it will likely give investors a window into how well the company is managing the challenges presented by iOS.</p><p><b>Competition</b></p><p>Video-sharing app TikTok&#39;s advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter and Snap, according to research firm Insider Intelligence.</p><p>Social media firms like Meta Platforms‘ Facebook and Instagram are still reeling amid the rapid rise of TikTok. Analysts at BofA Global Research says the short-form video app trailblazer is reshaping the online media landscape.</p><p>BofA Global Research analysts Justin Post and Nitin Bansal wrote in a note on Monday a TikTok user spends 90 minutes a day on average, pointing to estimates from third-party data firm SensorTower.</p><p><b>Guidance</b></p><p>Equally as important as Facebook&#39;s first-quarter revenue will be the tech-company&#39;s outlook for Q2.</p><p>Investors shouldn&#39;t get too excited about the potential for stronger revenue guidance for Q2. Management warned in Meta&#39;s most recent earnings call that it&#39;s lapping tough year-ago comparisons in the first half of the year. This is especially true in Q2 2022. Revenue grew 56% in its year-ago comp as marketers started ramping up their ad spend again after limiting it during lockdowns.</p><p>It&#39;s tough to forecast what Meta will guide for in Q2, but investors should plan for the worst until they have more information. An extremely tough comp, combined with potentially prolonged issues with iOS, could mean Q2 growth isn&#39;t any better than Q1.</p><p>Overall, there&#39;s a lot of uncertainty associated with Meta right now. That&#39;s why the company&#39;s first-quarter report will be particularly interesting, providing timely insight for investors.</p><p><b>Analyst views</b></p><p>Analysts at both RBC Capital and Oppenheimer trimmed estimates for Meta’s (FB) first-quarter earnings report, due after the close on April 27. RBC analyst Brad Erickson reduced his price target on Meta to $240 from $245, but maintained an Outperform rating on the stock. He fears results will again disappoint the Street.</p><p>Erickson cut estimates after a round of channel checks with ad agencies serving small- and medium-size businesses increased his conviction that Meta will report “another rocky quarter,” he writes.</p><p>The analyst found no perceived improvement in the company’s ad targeting or performance.</p><p>“Digital ad spend decisions remain in flux with many SMBs considering new channels away from Facebook for the first time,” he writes. “We’d expect some reversion at some point given Facebook’s audience size and relative scaled conversion advantage …but we see that narrative as unlikely to materialize near-term.”</p><p>The RBC analyst says some advertisers have trimmed spending on Facebook, and shifted dollars to Google, TikTok, LinkedIn, and online influencers. He also notes headwinds for online advertising from more cautious spending in Europe, because of nervousness about Ukraine war. Erickson remains bullish long-term on Meta shares, but finds a turnaround in advertiser sentiment unlikely any time soon.</p><p>Oppenheimer analyst Jason Helfstein likewise maintains his Outperform rating on Meta shares, but chopped his target price to $305 from $375. After attending a recent conference on digital media buying, he concludes that ad targeting on Facebook and Instagram hasn’t improved, and that some advertisers have shifted dollars to search and other ad platforms, he writes.</p><p>Helfstein expects near-term results to be muted by a combination of the Russia-Ukraine situation, a weaker European economy, and continued headwinds from the Apple ad situation. Meta is no longer accepting ads from Russian advertisers—1.5% of 2021 ad revenue—while a quarter of overall ad revenue comes from Europe, he notes. Helfstein trimmed his revenue estimates for Meta by 9% for both 2022 and 2023.</p><p>MKM Partners analyst Rohit Kulkarni, in a broad preview of the coming earnings season for internet stocks, warns that the entire group continues to be buffeted by a broad range of macro issues—including Russia, inflation, rising interest rates, and the continued pandemic. In particular, he worries that the war will produce lingering effects on the economy in Europe.</p><p>“While Internet stocks have bounced back 15% since the mid-March market trough, we believe a prolonged conflict in Ukraine could spill over to the Q2 Europe outlook,” he warns. “In such a scenario, we believe the near-term outlook for companies with high exposure to Europe and European consumers is more likely at risk.”</p><p>Another concern the analyst highlights is the potential impact of higher interest rates on ad spend by companies in rate-sensitive segments like autos and real estate. His advice: Stick to stocks with low European exposure, minimal reliance on the global supply chain, historically high gross margins, and low impact from higher interest rates. In particular, he calls out the ride-sharing company Lyft (LYFT) and social media play Snap (SNAP) as fitting that description, along with U.S.-based ad tech companies like Pubmatic (PUBM) and Integral Ad Science (IAS).</p><p>The revenue of Meta in Q1 of 2022 is expected to be $28.291 billion, the adjusted net profit is expected to be $7.49 billion and the adjusted EPS is expected to be $3.093, according to the unanimous expectation of Bloomberg.</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>Meta Earnings Preview: Bracing for Another Rough Quarter</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\">\nMeta Earnings Preview: Bracing for Another Rough Quarter\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-04-20 15:03</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Wall Street is bracing for another rough quarter for Facebook-parent Meta Platforms.</p><p>Meta Platforms&#39;s first quarter 2022 financial results will be released after market close on Wednesday, April 27, 2022.</p><p>The company’s fourth quarter results, reported in early February, triggered a huge selloff in Meta’s shares. First-quarter guidance was well shy of Street estimates, and the company warned that Apple’s policy changes would slice $10 billion from 2022 revenue. </p><p>With the stock down 35% year to date, investors will look to see if the company&#39;s latest performance can reinvigorate interest in the stock.</p><p>Signs of broader slowing in the overall digital advertising sector—and continued fallout from Apple’s (ticker: AAPL) push to limit the tracking of iPhone user activity across apps and websites—don’t bode well for the social media giant.</p><p><b>The impact of iOS on revenue</b></p><p>Meta&#39;s decelerating top-line growth in the company&#39;s most recent quarter and management&#39;s guidance for a further slowdown in Q1 has been the main reason for the stock&#39;s sharp decline as of late. After reporting impressive year-over-year revenue growth of 35% in the third quarter of 2021, fourth-quarter revenue growth slowed to a rate of just 20%. Even more concerning, management guided for revenue in the first quarter of 2021 to increase just 3% to 11%, compared to the year-ago quarter.</p><p>What was the main reason for this sudden slowdown in growth? Recent changes to ad tracking and measurement on <b>Apple</b>&#39;s iOS mobile-operating system. Privacy-focused changes on iOS have made it more difficult for Meta to implement targeting and measurement on the platform.</p><p>Fortunately, Meta management seemed optimistic about eventually working through these issues. But Meta said it could take several years to do so.</p><p>Investors, however, should note that Meta is notoriously conservative about its guidance. In other words, revenue growth usually comes in ahead of management&#39;s outlook. To this end, the social network giant will likely grow its revenue by at least 11% year over year in Q1. But there are no guarantees.</p><p>Whatever growth rate the company reports, it will likely give investors a window into how well the company is managing the challenges presented by iOS.</p><p><b>Competition</b></p><p>Video-sharing app TikTok&#39;s advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter and Snap, according to research firm Insider Intelligence.</p><p>Social media firms like Meta Platforms‘ Facebook and Instagram are still reeling amid the rapid rise of TikTok. Analysts at BofA Global Research says the short-form video app trailblazer is reshaping the online media landscape.</p><p>BofA Global Research analysts Justin Post and Nitin Bansal wrote in a note on Monday a TikTok user spends 90 minutes a day on average, pointing to estimates from third-party data firm SensorTower.</p><p><b>Guidance</b></p><p>Equally as important as Facebook&#39;s first-quarter revenue will be the tech-company&#39;s outlook for Q2.</p><p>Investors shouldn&#39;t get too excited about the potential for stronger revenue guidance for Q2. Management warned in Meta&#39;s most recent earnings call that it&#39;s lapping tough year-ago comparisons in the first half of the year. This is especially true in Q2 2022. Revenue grew 56% in its year-ago comp as marketers started ramping up their ad spend again after limiting it during lockdowns.</p><p>It&#39;s tough to forecast what Meta will guide for in Q2, but investors should plan for the worst until they have more information. An extremely tough comp, combined with potentially prolonged issues with iOS, could mean Q2 growth isn&#39;t any better than Q1.</p><p>Overall, there&#39;s a lot of uncertainty associated with Meta right now. That&#39;s why the company&#39;s first-quarter report will be particularly interesting, providing timely insight for investors.</p><p><b>Analyst views</b></p><p>Analysts at both RBC Capital and Oppenheimer trimmed estimates for Meta’s (FB) first-quarter earnings report, due after the close on April 27. RBC analyst Brad Erickson reduced his price target on Meta to $240 from $245, but maintained an Outperform rating on the stock. He fears results will again disappoint the Street.</p><p>Erickson cut estimates after a round of channel checks with ad agencies serving small- and medium-size businesses increased his conviction that Meta will report “another rocky quarter,” he writes.</p><p>The analyst found no perceived improvement in the company’s ad targeting or performance.</p><p>“Digital ad spend decisions remain in flux with many SMBs considering new channels away from Facebook for the first time,” he writes. “We’d expect some reversion at some point given Facebook’s audience size and relative scaled conversion advantage …but we see that narrative as unlikely to materialize near-term.”</p><p>The RBC analyst says some advertisers have trimmed spending on Facebook, and shifted dollars to Google, TikTok, LinkedIn, and online influencers. He also notes headwinds for online advertising from more cautious spending in Europe, because of nervousness about Ukraine war. Erickson remains bullish long-term on Meta shares, but finds a turnaround in advertiser sentiment unlikely any time soon.</p><p>Oppenheimer analyst Jason Helfstein likewise maintains his Outperform rating on Meta shares, but chopped his target price to $305 from $375. After attending a recent conference on digital media buying, he concludes that ad targeting on Facebook and Instagram hasn’t improved, and that some advertisers have shifted dollars to search and other ad platforms, he writes.</p><p>Helfstein expects near-term results to be muted by a combination of the Russia-Ukraine situation, a weaker European economy, and continued headwinds from the Apple ad situation. Meta is no longer accepting ads from Russian advertisers—1.5% of 2021 ad revenue—while a quarter of overall ad revenue comes from Europe, he notes. Helfstein trimmed his revenue estimates for Meta by 9% for both 2022 and 2023.</p><p>MKM Partners analyst Rohit Kulkarni, in a broad preview of the coming earnings season for internet stocks, warns that the entire group continues to be buffeted by a broad range of macro issues—including Russia, inflation, rising interest rates, and the continued pandemic. In particular, he worries that the war will produce lingering effects on the economy in Europe.</p><p>“While Internet stocks have bounced back 15% since the mid-March market trough, we believe a prolonged conflict in Ukraine could spill over to the Q2 Europe outlook,” he warns. “In such a scenario, we believe the near-term outlook for companies with high exposure to Europe and European consumers is more likely at risk.”</p><p>Another concern the analyst highlights is the potential impact of higher interest rates on ad spend by companies in rate-sensitive segments like autos and real estate. His advice: Stick to stocks with low European exposure, minimal reliance on the global supply chain, historically high gross margins, and low impact from higher interest rates. In particular, he calls out the ride-sharing company Lyft (LYFT) and social media play Snap (SNAP) as fitting that description, along with U.S.-based ad tech companies like Pubmatic (PUBM) and Integral Ad Science (IAS).</p><p>The revenue of Meta in Q1 of 2022 is expected to be $28.291 billion, the adjusted net profit is expected to be $7.49 billion and the adjusted EPS is expected to be $3.093, according to the unanimous expectation of Bloomberg.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114586059","content_text":"Wall Street is bracing for another rough quarter for Facebook-parent Meta Platforms.Meta Platforms's first quarter 2022 financial results will be released after market close on Wednesday, April 27, 2022.The company’s fourth quarter results, reported in early February, triggered a huge selloff in Meta’s shares. First-quarter guidance was well shy of Street estimates, and the company warned that Apple’s policy changes would slice $10 billion from 2022 revenue. With the stock down 35% year to date, investors will look to see if the company's latest performance can reinvigorate interest in the stock.Signs of broader slowing in the overall digital advertising sector—and continued fallout from Apple’s (ticker: AAPL) push to limit the tracking of iPhone user activity across apps and websites—don’t bode well for the social media giant.The impact of iOS on revenueMeta's decelerating top-line growth in the company's most recent quarter and management's guidance for a further slowdown in Q1 has been the main reason for the stock's sharp decline as of late. After reporting impressive year-over-year revenue growth of 35% in the third quarter of 2021, fourth-quarter revenue growth slowed to a rate of just 20%. Even more concerning, management guided for revenue in the first quarter of 2021 to increase just 3% to 11%, compared to the year-ago quarter.What was the main reason for this sudden slowdown in growth? Recent changes to ad tracking and measurement on Apple's iOS mobile-operating system. Privacy-focused changes on iOS have made it more difficult for Meta to implement targeting and measurement on the platform.Fortunately, Meta management seemed optimistic about eventually working through these issues. But Meta said it could take several years to do so.Investors, however, should note that Meta is notoriously conservative about its guidance. In other words, revenue growth usually comes in ahead of management's outlook. To this end, the social network giant will likely grow its revenue by at least 11% year over year in Q1. But there are no guarantees.Whatever growth rate the company reports, it will likely give investors a window into how well the company is managing the challenges presented by iOS.CompetitionVideo-sharing app TikTok's advertisement revenue is likely to triple in 2022 to more than $11 billion, exceeding the combined sales of its rivals Twitter and Snap, according to research firm Insider Intelligence.Social media firms like Meta Platforms‘ Facebook and Instagram are still reeling amid the rapid rise of TikTok. Analysts at BofA Global Research says the short-form video app trailblazer is reshaping the online media landscape.BofA Global Research analysts Justin Post and Nitin Bansal wrote in a note on Monday a TikTok user spends 90 minutes a day on average, pointing to estimates from third-party data firm SensorTower.GuidanceEqually as important as Facebook's first-quarter revenue will be the tech-company's outlook for Q2.Investors shouldn't get too excited about the potential for stronger revenue guidance for Q2. Management warned in Meta's most recent earnings call that it's lapping tough year-ago comparisons in the first half of the year. This is especially true in Q2 2022. Revenue grew 56% in its year-ago comp as marketers started ramping up their ad spend again after limiting it during lockdowns.It's tough to forecast what Meta will guide for in Q2, but investors should plan for the worst until they have more information. An extremely tough comp, combined with potentially prolonged issues with iOS, could mean Q2 growth isn't any better than Q1.Overall, there's a lot of uncertainty associated with Meta right now. That's why the company's first-quarter report will be particularly interesting, providing timely insight for investors.Analyst viewsAnalysts at both RBC Capital and Oppenheimer trimmed estimates for Meta’s (FB) first-quarter earnings report, due after the close on April 27. RBC analyst Brad Erickson reduced his price target on Meta to $240 from $245, but maintained an Outperform rating on the stock. He fears results will again disappoint the Street.Erickson cut estimates after a round of channel checks with ad agencies serving small- and medium-size businesses increased his conviction that Meta will report “another rocky quarter,” he writes.The analyst found no perceived improvement in the company’s ad targeting or performance.“Digital ad spend decisions remain in flux with many SMBs considering new channels away from Facebook for the first time,” he writes. “We’d expect some reversion at some point given Facebook’s audience size and relative scaled conversion advantage …but we see that narrative as unlikely to materialize near-term.”The RBC analyst says some advertisers have trimmed spending on Facebook, and shifted dollars to Google, TikTok, LinkedIn, and online influencers. He also notes headwinds for online advertising from more cautious spending in Europe, because of nervousness about Ukraine war. Erickson remains bullish long-term on Meta shares, but finds a turnaround in advertiser sentiment unlikely any time soon.Oppenheimer analyst Jason Helfstein likewise maintains his Outperform rating on Meta shares, but chopped his target price to $305 from $375. After attending a recent conference on digital media buying, he concludes that ad targeting on Facebook and Instagram hasn’t improved, and that some advertisers have shifted dollars to search and other ad platforms, he writes.Helfstein expects near-term results to be muted by a combination of the Russia-Ukraine situation, a weaker European economy, and continued headwinds from the Apple ad situation. Meta is no longer accepting ads from Russian advertisers—1.5% of 2021 ad revenue—while a quarter of overall ad revenue comes from Europe, he notes. Helfstein trimmed his revenue estimates for Meta by 9% for both 2022 and 2023.MKM Partners analyst Rohit Kulkarni, in a broad preview of the coming earnings season for internet stocks, warns that the entire group continues to be buffeted by a broad range of macro issues—including Russia, inflation, rising interest rates, and the continued pandemic. In particular, he worries that the war will produce lingering effects on the economy in Europe.“While Internet stocks have bounced back 15% since the mid-March market trough, we believe a prolonged conflict in Ukraine could spill over to the Q2 Europe outlook,” he warns. “In such a scenario, we believe the near-term outlook for companies with high exposure to Europe and European consumers is more likely at risk.”Another concern the analyst highlights is the potential impact of higher interest rates on ad spend by companies in rate-sensitive segments like autos and real estate. His advice: Stick to stocks with low European exposure, minimal reliance on the global supply chain, historically high gross margins, and low impact from higher interest rates. In particular, he calls out the ride-sharing company Lyft (LYFT) and social media play Snap (SNAP) as fitting that description, along with U.S.-based ad tech companies like Pubmatic (PUBM) and Integral Ad Science (IAS).The revenue of Meta in Q1 of 2022 is expected to be $28.291 billion, the adjusted net profit is expected to be $7.49 billion and the adjusted EPS is expected to be $3.093, according to the unanimous expectation of Bloomberg.","news_type":1},"isVote":1,"tweetType":1,"viewCount":249,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9955251406,"gmtCreate":1675471440005,"gmtModify":1676539004924,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👌","listText":"👌","text":"👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9955251406","repostId":"1114659751","repostType":4,"isVote":1,"tweetType":1,"viewCount":385,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9992250673,"gmtCreate":1661322731094,"gmtModify":1676536497313,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9992250673","repostId":"1188636834","repostType":4,"repost":{"id":"1188636834","pubTimestamp":1661302880,"share":"https://ttm.financial/m/news/1188636834?lang=&edition=fundamental","pubTime":"2022-08-24 09:01","market":"us","language":"en","title":"Tesla's Thin Model Pipeline","url":"https://stock-news.laohu8.com/highlight/detail?id=1188636834","media":"Seeking Alpha","summary":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer go","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>Tesla has only one new model with an announced launch date.</li><li>This contrasts with others in the luxury end of the automotive market.</li><li>It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.</li><li>Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.</li></ul><p><b>Preamble</b></p><p>Sometimes I think I&#39;ll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I&#39;m not alone in this, except that most readers of this article are more enamored of Tesla&#39;s styling thanI. It&#39;s not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse&#39;s preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half&#39;s birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn&#39;t want. There are &#34;pink flamingoes&#34;, cars the dealer can&#39;t imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.</p><p><b>Overview</b></p><p>Passenger vehicles are differentiated durable consumer goods. (Yeh, I&#39;m an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla&#39;s product pipeline in light of the above.</p><p>My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.</p><p><b>I. Product Differentiation </b></p><p><i>China</i></p><p>In July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.</p><p>Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.</p><p><img src=\"https://static.tigerbbs.com/3be454d00c3db761ce3004be22b6f76b\" tg-width=\"640\" tg-height=\"465\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Author database</p><p>Europe is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting &#34;other&#34; lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.</p><p><img src=\"https://static.tigerbbs.com/39479367d7c991d0c2580d395b055018\" tg-width=\"640\" tg-height=\"466\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p>Authors calculations from JATO data</p><p><i>The USMCA</i></p><p>I don&#39;t have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).</p><p>That is misleading, because Ford&#39;s Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0&#39;, 5½&#39;, and 6½&#39; beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn&#39;t assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the &#34;F&#34; chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and &#34;dually&#34; versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.</p><p>In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.</p><p><b>II. Used Cars</b></p><p>In the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.</p><p>The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [<i>Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It&#39;s now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded &#34;snowcats&#34; to pickup trucks and leather-fitted versions for social climbers.</i>]</p><p>Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn&#39;t do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not &#34;refleet&#34; due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted &#34;residual&#34; price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [<i>Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.</i>]</p><p>The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.</p><p>The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.</p><p><b>III. Product Portfolio and Product Pipeline</b></p><p>Car companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering &#34;top hats&#34; for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is &#34;portfolio&#34;, with a car for every pocket, and a brand hierarchy differentiated by social status.</p><p>The second response is the regular redesign of models, with a typical cadence of a &#34;refresh&#34; every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a &#34;done&#34; deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.</p><p>I present a summary below, drawn from <i>Automotive News</i>, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don&#39;t know individual models, to distinguish whether a &#34;GT&#34; version is a distinct model, so there&#39;s some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it&#39;s likely that there&#39;s overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It&#39;s an indicative table using soft data.</p><p>I use only AN&#39;s coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they&#39;re bringing to market is that launch dates are &#34;hard&#34;. They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It&#39;s unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.</p><p>With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.</p><p><img src=\"https://static.tigerbbs.com/ef5537a42658ca05dded032f18aa6042\" tg-width=\"613\" tg-height=\"483\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/72a51243c74aaf0e76d9b235157cc762\" tg-width=\"613\" tg-height=\"402\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/15c14bceea4eacf94d9444cb18953f15\" tg-width=\"617\" tg-height=\"406\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/f6043da38b1eba04208c52222bf31173\" tg-width=\"615\" tg-height=\"302\" width=\"100%\" height=\"auto\"/>What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it&#39;s necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.</p><p><b>IV. Tesla&#39;s Pipeline</b></p><p>It&#39;s 10 years since the launch of the Model S, Tesla&#39;s first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That&#39;s a high-risk strategy, amplified as its lineup ages.</p><p>Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.</p><p>That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It&#39;s all still vague, and the initial $39,999 price is DOA. More to the point, it&#39;s a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.</p><p>Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can&#39;t wait for repairs. Of course, there&#39;s no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?</p><p>Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.</p><p>In any case, the Cybertruck is not one of the global models that Tesla needs.</p><p><b><i>Summary</i></b></p><p>Quite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&amp;D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn&#39;t be starved for resources. [<i>As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla&#39;s R&amp;D.</i>]</p><p>Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.</p><p><b>V. Conclusion</b></p><p>Tesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.</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>Tesla's Thin Model Pipeline</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\">\nTesla's Thin Model Pipeline\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-24 09:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer ...</p>\n\n<a href=\"https://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41\">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://seekingalpha.com/article/4536322-tesla-stock-thin-model-pipeline?source=content_type%3Aall%7Cfirst_level_url%3Aportfolio%7Csection%3Aportfolio_content_unit%7Csection_asset%3Alatest%7Cline%3A41","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1188636834","content_text":"SummaryTesla has only one new model with an announced launch date.This contrasts with others in the luxury end of the automotive market.It matters because autos are a highly differentiated consumer good; no single model in the US, China, or Europe gets even 3% of the market.Unless Tesla changes its behavior, it cannot continue to demonstrate that growth that its valuation demands.PreambleSometimes I think I'll scream if I see yet another white Model 3; the limited range of color options accentuates already dated styling. I'm not alone in this, except that most readers of this article are more enamored of Tesla's styling thanI. It's not just Tesla. A dealer friend had a customer who always bought two identical cars, his and hers, differing only in color because neither could stand to be seen driving their spouse's preferred one. There were the buyers who presented a nicely boxed set of keys to a new car for their other half's birthday. Sometimes it went well, but one time the color was unacceptable, another time, despite carefully soliciting comments, it was one they really didn't want. There are \"pink flamingoes\", cars the dealer can't imagine anyone being seen in, yet ultimately someone buys them. Consumers are fickle, tastes are inexplicable and varied. That has important implications for thinking about Tesla (NASDAQ:TSLA) as an investment.OverviewPassenger vehicles are differentiated durable consumer goods. (Yeh, I'm an economist.) I look at data from China, Europe, and the US to emphasize the extent to which this results in highly fragmented markets. I then sketch the added competition from used cars. This leads to the third piece of my argument, that car companies provide a portfolio of products, and regularly update it - in the case of BMW, with 3 product launches a year, year in and year out. I conclude by looking at Tesla's product pipeline in light of the above.My bottom line is simple: without new product, by 2023 Tesla will hit a growth ceiling. Since the stock is priced for growth, this implies that the company is currently overvalued.I. Product Differentiation ChinaIn July 2022, some 542 distinct passenger vehicles were sold in China. The actual model count is higher, because this is only domestically assembled vehicles - in 2022H1, there were 446,000 imports or about 150,000 a month, including many high-end models. The best-selling Nissan Sunny (OTCPK:NSANY) (OTCPK:NSANF) (Sentra in the US, Sylphy in Japan) sold 493,000 in CY2021 and 217,000 in CY2022H1.Most models sell in very low volumes; only 208 sold over 2,000 units. More important, no model has a large market share. The top-selling Nissan Sunny holds but 2.16% of the market, and only two others - the BYD Song Plus (OTCPK:BYDDF) and the GM Wuling Hongguang (GM) - had over a 2% share. Twelve other models had 1%-2%; fifty had between 0.5% and 1%.Author databaseEurope is much the same. UsingJATOdata for CY2021, I compiled a spreadsheet of model-level sales data. Counting \"other\" lines as but a single model, consumers bought 404 different vehicles in CY2021. Compared to China, per-model sales are even more diffuse: no single vehicle hit even 2% of the overall market of 11.4 million units. Some 25 models had between 1.0% and 1.8%; another 44 had between 0.5% and 1.0%. As in China, the market is comprised of highly differentiated vehicles, none of which achieves more than a small share.Authors calculations from JATO dataThe USMCAI don't have similar detailed data for the USMCA (US-Mexico-Canada), so I focus on the leading model: the Ford F-series (F). Ford sold an amazing 851,813 of those in CY2021, seemingly giving a much higher market share than the top vehicles in China and Europe (4.5% of USMCA CY2021 sales of 18,160,120 units).That is misleading, because Ford's Dearborn Truck Plant assembles F-150s with 3 different length beds and assorted cab configurations (0', 5½', and 6½' beds with 3 different cabs). The F-150 Lightning has its own assembly line in the same complex, sharing stampings, frame welding, and paint shop with ICE versions. Dearborn, though, doesn't assemble versions with 8 foot beds, those are done in the Kentucky Truck Plant, again with multiple variations. Kansas City does additional variations, such as the Transit vans built on the \"F\" chassis. To those, we must add F-250s, F-350s, stripped chassis versions sold to up-fitters and \"dually\" versions. Each has its own customer base. Talking to plant managers, that variety makes full-sized pickup truck plants the most difficult-to-run operations in the industry. But it hides that volumes for any single version of the F series are a fraction of the headline number.In sum, only a handful of vehicles ever reach 2% of the market in the US, China, and Europe. None today hold 3% or more. In order for Tesla to grab more than a small slice of any market, they need 8-10 models.II. Used CarsIn the US, there are roughly 280 million registered vehicles. In normal times, there are almost 3x more used cars sold than new. Indeed, most drivers will never have the income to purchase a new vehicle. More important, of those who do purchase new – such as my son, who just took delivery of a Subaru Legacy - many are on the borderline, and shop both new and used.The prototypical case is the Model T. Even though Henry Ford kept lowering the price, eventually to $350, by the early 1920s, sales stalled. Why? - a used Model T could be had for less than that and was readily repairable. Indeed, even today, you can get any part needed to fix one delivered overnight, except for the engine block, with perhaps a half-million still in operating condition. In other words, cars are durable goods, and by focusing exclusively on the Model T, Henry almost put himself out of business. [Aside: the original Model T factory survives, unlike the subsequent Highland Park Plant of assembly line fame. It's now the Ford Piquette Avenue Museum, with 2 floors of Model Ts, from treaded \"snowcats\" to pickup trucks and leather-fitted versions for social climbers.]Do not make the mistake of reading current market conditions into the general story. During the pandemic, rental car fleets unloaded cars - Hertz didn't do it fast enough and went bankrupt - but when business and vacation travel resumed, rental companies could not \"refleet\" due to the chip shortage. In a normal year, Enterprise purchases 1 million units, and sells a like number of used units. Now they and their rivals are straining to renew their fleets, to the point of becoming net purchasers of used cars. Similarly, lease returns are normally an additional input into the used vehicle stream, but with prices above the contracted \"residual\" price at lease-end, that source has likewise dried up. As a result, when my son went car shopping, he discovered that low-mileage used inventory was priced above sticker, whereas he could wait and have a new car at MSRP. Not all car shoppers can wait, so even such high-priced used cars quickly disappear from dealership lots. My son, fortunately, could and did wait. [Aside: when the balance shifts, both new and used car prices will decline precipitously. That will be enough to push the US CPI from inflation to deflation, at least briefly.]The bottom line remains that as time passes, competition from like-model used vehicles becomes significant. The average sedan on the road is now over 12 years old, and pickup trucks even older. A critical long-run issue with cars (and other durable goods) is to limit competition from the used car market.The one set of studies I know that is specific to automotive (Adam Copeland of the NY Fed, with various co-authors) estimates that as a result of this competition, new car prices fall at an annual average of 9.2% per annum, reflected in increasing rebates and fewer sales of high-trim versions. That is, at the end of a standard 4-year model cycle, prices are almost 30% lower than at launch. Furthermore, later purchasers are lower in income. That is, competition from like-model used cars increases over time, eroding margins as car sellers dip lower down the income profile. No one can avoid that, not even Tesla.III. Product Portfolio and Product PipelineCar companies respond to the above pressures in two ways. First, they offer a portfolio of products from a smaller number of platforms. That helps them increase platform-level economies of scale. (The irony is that the ease of engineering \"top hats\" for a platform, enabled by the ability to digitally engineer a vehicle - even to modeling assembly-line ergonomics before the first prototype is made - exacerbates the number of models and lowers sales per model.) The key work here is \"portfolio\", with a car for every pocket, and a brand hierarchy differentiated by social status.The second response is the regular redesign of models, with a typical cadence of a \"refresh\" every 2 years (fascia and interior) and a redesign every 4 years (with new sheet metal). As a result, cars that launch in 2023 are already a \"done\" deal, and a lot of the work on 2024 models is complete. Engineers are now turning their attention to cars set to launch in 2025.I present a summary below, drawn from Automotive News, focused on a number of the luxury brands with which Tesla competes. Now car companies vary in the extent to which they detail new product plans in public. They are inconsistent in distinguishing whether their plans are on a model year or a calendar year basis. I don't know individual models, to distinguish whether a \"GT\" version is a distinct model, so there's some potential error on my end. Audi (OTC:AUDVF) and Porsche (OTCPK:POAHY) share engineering resources, and it's likely that there's overlap between Volvo (OTCPK:VOLAF) and Polestar (PSNY). And so on. It's an indicative table using soft data.I use only AN's coverage and have not modified them against the more reliable product pipelines that suppliers have shared with me under an NDA, which includes the month of launch. What I can share from years of presentations by suppliers on new technologies they're bringing to market is that launch dates are \"hard\". They not only tie into marketing, assembly line upgrades, and supplier production/engineering schedules, but missing a launch target ties up engineers slated to move to other projects. It's unusual if launch dates slip by more than a few weeks, even though they are set 2 or more years ahead of time.With those caveats, here is my summary, excluding model names, and not reporting models with a scheduled end of life.What this table does not show is that this pattern of refreshes, renewals, and new models extends back in time. Audi, Porsche, BMW (OTCPK:BMWYY), Mercedes (OTCPK:MBGAF), and Lexus have a constant stream of new products in their pipeline, so that over the course of a decade, each model is replaced or refreshed 2-3 times. That is the only way to avoid cannibalization by used cars, plus of course, it's necessary to keep up with styling trends and to incorporate the constant stream of better components and improved functionality that require new hardware and not just new software.IV. Tesla's PipelineIt's 10 years since the launch of the Model S, Tesla's first proper model. Since then, it has launched only 3 new products, and carried out a minor refresh of the interior of the Model S. None of the other models has been refreshed, much less renewed with new sheet metal. Yet the Model S is 10 years old, the Model X is 7 years old, and the Model 3 is 5 years old; only the Model Y, launched in 2020, is fresh. That understates the issue: because of the many delays in both development and launch, the styling of these models is older than those of competitors who launched on time after a short period of development and engineering. In a style-conscious industry, Tesla has chosen to rely on each new model hitting a home run, that is, setting trends rather than adapting to trends. That's a high-risk strategy, amplified as its lineup ages.Two rumored future products, the Semi and the Roadster, do not yet have clear timelines - maybe 2023, maybe a bit later. In any case, both are niche vehicles that will not generate sufficient top line revenue or bottom line profits to move the needle.That leaves a single model in the pipeline: the Tesla Cybertruck. It begins production by summer 2023 and goes on sale sometime thereafter. It's all still vague, and the initial $39,999 price is DOA. More to the point, it's a quintessential California/Texas vehicle: a performance pickup with only a single cab-bed variant. That is in stark contrast to the multiple products hiding behind the F-150 moniker. Worse, Tesla needs global vehicles if it is to grow.Unfortunately for the Cybertruck, full-sized pickups are a North American thing. Despite a market 40% larger than the USMCA, fewer pickups sell in China than Ford sells in the US - only 259,000 in 2022H1. Great Wall (OTCPK:GWLLF) has 45% of the market, followed by the truckmakers Jiangling (OTCPK:JGLMY) (15%), Zhengzhou Nissan (10%), and Jiangxi Isuzu. Unlike the US, pickups are not an offspring of the passenger car market. Furthermore, only 14% of pickups are sold in the Tier I and Tier II cities that are the core market for Tesla (see Wikipediaherefor a list of major cities). In contrast, 19% are sold in Tier III cities, 24% in Tier IV cities, and 42% in rural areas. (Source:CPCAA data.) To sell the Cybertruck in those markets would require Tesla to more than double its sales and service center network, because farmers and rural construction firms can't wait for repairs. Of course, there's no rural charging network, either, but unlike urban apartment dwellers, most truck drivers would have access to overnight charging. But who would want to use a Cybertruck to haul manure?Europe is worse - in CY2020, the most recent data I found, sales were only 116,000, in a market about the size of the USMCA. Nissan, Renault (OTCPK:RNSDF), and Mercedes have all exited the market. [Source:Automotive News June 14, 2021] In addition, most are compact pickups - in 2020, the Ford Ranger held over a third of the pickup market. [Source:carsalesbase] Even in the US, the Cybertruck is both idiosyncratic and late to market, well behind Ford and Rivian (RIVN). It will certainly find a following among Tesla aficionados, but it is unclear that it will gain much traction among current pickup truck owners. Ford dominates there. The contractors who lease them have the local dealership service desk on speed-dial - work trucks take a beating, and a history of reliable service keeps them loyal.In any case, the Cybertruck is not one of the global models that Tesla needs.SummaryQuite simply, Tesla is not spending enough on new products, and lacks a clear product strategy. R&D expenditures have risen from $825 million in 2020Q2 to $2,632 million in 2022Q2, so product development shouldn't be starved for resources. [As a data point, the GM-Honda Cruise autonomous driving joint venture spent $496 million in 2022Q2, a spend rate that would eat up 19% of Tesla's R&D.]Tesla has too many irons in the fire: autonomous vehicle development, solar and energy products, service and sales centers, charging stations, and pet projects of Elon Musk such as robots. It needs to fill its product pipeline and communicate about what it is doing with investors.V. ConclusionTesla has tremendous brand value. Without new models, however, they will not be able to monetize it, and will instead start to see sales stagnate and margins compress. As the many projections on Seeking Alpha make clear, its stock market valuation is based on continued high growth. New factories support growth only if there is a new product to fill them. Unfortunately, management is providing no guidance to suggest they are bringing a product portfolio to market in a systematic, disciplined, and timely manner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":408,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9906928674,"gmtCreate":1659482790200,"gmtModify":1705980719890,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9906928674","repostId":"2256398873","repostType":4,"repost":{"id":"2256398873","pubTimestamp":1659482515,"share":"https://ttm.financial/m/news/2256398873?lang=&edition=fundamental","pubTime":"2022-08-03 07:21","market":"us","language":"en","title":"PayPal Shares Surge 11% Following Q2 Earnings Beat","url":"https://stock-news.laohu8.com/highlight/detail?id=2256398873","media":"StreetInsider","summary":"PayPal (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 res","content":"<html><head></head><body><p><img src=\"https://static.tigerbbs.com/6b4fb0deb1b7c0cd4cf7bd5a87cde3f2\" tg-width=\"200\" tg-height=\"134\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/></p><p><a href=\"https://laohu8.com/S/PYPL\">PayPal</a> (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 results, with EPS of $0.93 coming in better than the consensus estimate of $0.87.<img src=\"https://static.tigerbbs.com/683a723e0c7c089092f614e49cfc9c12\" tg-width=\"824\" tg-height=\"845\" width=\"100%\" height=\"auto\"/>Revenue grew 9% (up 10% on an FX-neutral basis) to $6.8 billion, compared to the consensus estimate of $6.77 billion. Excluding <a href=\"https://laohu8.com/S/EBAY\">eBay</a>, revenue grew 14% year-over-year.</p><p>Total Payment Volume (TPV) grew 9% year-over-year (up 13% on an FX-neutral basis) to $339.8 billion.</p><p>The company expects Q3/22 EPS in the range of $0.94-$0.96, compared to the consensus estimate of $0.97. Q3 net revenue is expected to reach $6.80 billion, representing a 10% year-over-year growth (or 12% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 12% (or 13.5% on an FX-neutral basis).</p><p>For the full 2022-year, the company expects EPS in the range of $3.87-$3.97, compared to the consensus estimate of $3.85. TPV is expected to grow approximately 12% (or 16% on an FX-neutral basis) to around $1.4 trillion. Net revenue is expected to reach $27.85 billion, representing approximately 10% year-over-year growth (or 11% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 13.5% year-over-year (or 14.5% on an FX-neutral basis).</p></body></html>","source":"highlight_streetinsider","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>PayPal Shares Surge 11% Following Q2 Earnings Beat</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\">\nPayPal Shares Surge 11% Following Q2 Earnings Beat\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-03 07:21 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=20405186><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>PayPal (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 results, with EPS of $0.93 coming in better than the consensus estimate of $0.87.Revenue grew 9% (up ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=20405186\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"QTWO":"Q2 Holdings Inc"},"source_url":"https://www.streetinsider.com/dr/news.php?id=20405186","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2256398873","content_text":"PayPal (NASDAQ: PYPL) shares soared more than 11% after-hours Tuesday following the company’s Q2 results, with EPS of $0.93 coming in better than the consensus estimate of $0.87.Revenue grew 9% (up 10% on an FX-neutral basis) to $6.8 billion, compared to the consensus estimate of $6.77 billion. Excluding eBay, revenue grew 14% year-over-year.Total Payment Volume (TPV) grew 9% year-over-year (up 13% on an FX-neutral basis) to $339.8 billion.The company expects Q3/22 EPS in the range of $0.94-$0.96, compared to the consensus estimate of $0.97. Q3 net revenue is expected to reach $6.80 billion, representing a 10% year-over-year growth (or 12% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 12% (or 13.5% on an FX-neutral basis).For the full 2022-year, the company expects EPS in the range of $3.87-$3.97, compared to the consensus estimate of $3.85. TPV is expected to grow approximately 12% (or 16% on an FX-neutral basis) to around $1.4 trillion. Net revenue is expected to reach $27.85 billion, representing approximately 10% year-over-year growth (or 11% on an FX-neutral basis). Revenue excluding eBay is expected to grow approximately 13.5% year-over-year (or 14.5% on an FX-neutral basis).","news_type":1},"isVote":1,"tweetType":1,"viewCount":476,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9909221864,"gmtCreate":1658881736758,"gmtModify":1676536222284,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9909221864","repostId":"2254387856","repostType":4,"isVote":1,"tweetType":1,"viewCount":424,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9070544271,"gmtCreate":1657080539193,"gmtModify":1676535946171,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9070544271","repostId":"1185859082","repostType":4,"repost":{"id":"1185859082","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1657072832,"share":"https://ttm.financial/m/news/1185859082?lang=&edition=fundamental","pubTime":"2022-07-06 10:00","market":"us","language":"en","title":"Tiger Chart | How Will U.S. Stocks Perform in H2 of the Year After a Bad H1?","url":"https://stock-news.laohu8.com/highlight/detail?id=1185859082","media":"Tiger Newspress","summary":"Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relati","content":"<html><head></head><body><p>Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relative resilience for the rest of the year.</p><p><img src=\"https://static.tigerbbs.com/7830b975cfd79c7d60ae8df1cbdc1722\" tg-width=\"1500\" tg-height=\"1145\" width=\"100%\" height=\"auto\"/></p><p>Equity sentiment, investor positioning and market internals have been bearish, resulting in the worst annual start for equities in around 100 years, with the exception of the Great Depression. Portfolios are defensively positioned for a recessionary outcome and corporate fundamentals should exhibit relative resilience for the rest of the year, despite some softness in corporate guidance.</p><p>“We believe the fundamental risk-reward for equities will be improving as we enter the second half of the year, with growth-policy tradeoff likely to turn, from both sides,”said Dubravko Lakos-Bujas, Global Head of Equity Macro Research at J.P. Morgan.</p><p>Mid-to-high single digit growth rate is expected for S&amp;P 500 earnings per share (EPS) in 2022, with J.P. Morgan estimates at $225 (vs. consensus $229.58). Growth should moderate in 2023 with negative revisions to EPS driven by slight margin compression and U.S. dollar headwinds.</p><p>Equity markets typically have large drawdowns during a hiking cycle, with an average sell-off of -16% in the 13 cycles since 1954. The -25% drawdown so far in this cycle is comparable to 1986-89 cycle (-32.6%, Black Monday, recession came after three and a half years from the start of the cycle). Anything short of a recession will likely catch most investors completely wrong-footed, especially after broad correction that resulted in the average stock drawdown around 80% of the way to prior recession bottoms.</p><p>“At the current juncture defensive stocks possess valuation risk while flushed out cyclicals / growth / small-caps are presenting an increasingly attractive risk/reward. Our highest conviction sector call remains energy (strong fundamentals, still attractive valuation, rising shareholder return and geopolitical/inflation hedge),”added Lakos-Bujas.</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>Tiger Chart | How Will U.S. Stocks Perform in H2 of the Year After a Bad H1?</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\">\nTiger Chart | How Will U.S. Stocks Perform in H2 of the Year After a Bad H1?\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-06 10:00</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relative resilience for the rest of the year.</p><p><img src=\"https://static.tigerbbs.com/7830b975cfd79c7d60ae8df1cbdc1722\" tg-width=\"1500\" tg-height=\"1145\" width=\"100%\" height=\"auto\"/></p><p>Equity sentiment, investor positioning and market internals have been bearish, resulting in the worst annual start for equities in around 100 years, with the exception of the Great Depression. Portfolios are defensively positioned for a recessionary outcome and corporate fundamentals should exhibit relative resilience for the rest of the year, despite some softness in corporate guidance.</p><p>“We believe the fundamental risk-reward for equities will be improving as we enter the second half of the year, with growth-policy tradeoff likely to turn, from both sides,”said Dubravko Lakos-Bujas, Global Head of Equity Macro Research at J.P. Morgan.</p><p>Mid-to-high single digit growth rate is expected for S&amp;P 500 earnings per share (EPS) in 2022, with J.P. Morgan estimates at $225 (vs. consensus $229.58). Growth should moderate in 2023 with negative revisions to EPS driven by slight margin compression and U.S. dollar headwinds.</p><p>Equity markets typically have large drawdowns during a hiking cycle, with an average sell-off of -16% in the 13 cycles since 1954. The -25% drawdown so far in this cycle is comparable to 1986-89 cycle (-32.6%, Black Monday, recession came after three and a half years from the start of the cycle). Anything short of a recession will likely catch most investors completely wrong-footed, especially after broad correction that resulted in the average stock drawdown around 80% of the way to prior recession bottoms.</p><p>“At the current juncture defensive stocks possess valuation risk while flushed out cyclicals / growth / small-caps are presenting an increasingly attractive risk/reward. Our highest conviction sector call remains energy (strong fundamentals, still attractive valuation, rising shareholder return and geopolitical/inflation hedge),”added Lakos-Bujas.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1185859082","content_text":"Worst start after Great Depression in around 100 years; Corporate fundamentals should exhibit relative resilience for the rest of the year.Equity sentiment, investor positioning and market internals have been bearish, resulting in the worst annual start for equities in around 100 years, with the exception of the Great Depression. Portfolios are defensively positioned for a recessionary outcome and corporate fundamentals should exhibit relative resilience for the rest of the year, despite some softness in corporate guidance.“We believe the fundamental risk-reward for equities will be improving as we enter the second half of the year, with growth-policy tradeoff likely to turn, from both sides,”said Dubravko Lakos-Bujas, Global Head of Equity Macro Research at J.P. Morgan.Mid-to-high single digit growth rate is expected for S&P 500 earnings per share (EPS) in 2022, with J.P. Morgan estimates at $225 (vs. consensus $229.58). Growth should moderate in 2023 with negative revisions to EPS driven by slight margin compression and U.S. dollar headwinds.Equity markets typically have large drawdowns during a hiking cycle, with an average sell-off of -16% in the 13 cycles since 1954. The -25% drawdown so far in this cycle is comparable to 1986-89 cycle (-32.6%, Black Monday, recession came after three and a half years from the start of the cycle). Anything short of a recession will likely catch most investors completely wrong-footed, especially after broad correction that resulted in the average stock drawdown around 80% of the way to prior recession bottoms.“At the current juncture defensive stocks possess valuation risk while flushed out cyclicals / growth / small-caps are presenting an increasingly attractive risk/reward. Our highest conviction sector call remains energy (strong fundamentals, still attractive valuation, rising shareholder return and geopolitical/inflation hedge),”added Lakos-Bujas.","news_type":1},"isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9021938869,"gmtCreate":1652998950151,"gmtModify":1676535202144,"author":{"id":"3555613921632988","authorId":"3555613921632988","name":"Limcc","avatar":"https://community-static.tradeup.com/news/17b4f58941ca7ed36fff3b5b3e613e29","crmLevel":3,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3555613921632988","authorIdStr":"3555613921632988"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9021938869","repostId":"1144253627","repostType":4,"repost":{"id":"1144253627","weMediaInfo":{"introduction":"Providing stock market headlines, business news, financials and earnings ","home_visible":1,"media_name":"Tiger Newspress","id":"1079075236","head_image":"https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba"},"pubTimestamp":1652880775,"share":"https://ttm.financial/m/news/1144253627?lang=&edition=fundamental","pubTime":"2022-05-18 21:32","market":"us","language":"en","title":"Dow Drops 300 Points, Its First Decline in 4 Days As Companies Warn of Rising Costs","url":"https://stock-news.laohu8.com/highlight/detail?id=1144253627","media":"Tiger Newspress","summary":"U.S. stock futures fell on Wednesday morning after another major retailer warned of rising cost pressures, confirming the fears over inflation that have sent major benchmarks to big losses so far this","content":"<html><head></head><body><p>U.S. stock futures fell on Wednesday morning after another major retailer warned of rising cost pressures, confirming the fears over inflation that have sent major benchmarks to big losses so far this year.</p><p>Futures for the Dow Jones Industrial Average shed 281 points, or 0.9%, with the average set for its first loss in four days. S&amp;P 500 futures traded 1.2% lower, while Nasdaq 100 futures slipped 1.5%.</p><p>Those losses come after a disappointing earnings report from Target. Shares tumbled more than 24% in premarket trading Wednesday after Targetreported first-quarter earnings that were much lower than Wall Street estimatedbecause of higher costs for fuel and compensation. The retailer also saw lower-than-expected sales for discretionary merchandise like TVs.</p><p>Target’s report comes right after Walmart on Tuesday posted earnings that fell short of expectations as it toocited higher fuel and labor costs. Walmart shares ended Tuesday lower by 11%. They were down another 2% in premarket trading Wednesday.</p><p>“Any company that relies on households and discretionary purchases will likely suffer this quarter because a lot of discretionary income has been funneled to food and energy prices,” said Jack Ablin, founding partner of Cresset Capital.</p><p>Other retailers took a hit on the back of Target’s quarterly earnings miss, with the SPDR S&amp;P Retail ETF slipping more than 4% in Wednesday premarket trading. Best Buy’s stock price dropped more than 6% in premarket trading, Dollar General’s fell more than 6% in premarket trading and Dollar Tree’s declined more than 5% in premarket trading.</p><p>Lowe’s shares fell more than 2% in premarket trading aftermissing sales expectations in its first quarter reportas shoppers bought fewer supplies for outdoor projects.</p><p>More notable decliners in retail included shares of Macy’s, which dropped 7% in premarket trading, and shares of Kohl’s, which fell more than 5% in premarket trading.</p><p>Wednesday’s market reversal comes after shares had been mounting a comeback off the year’s lows. OnTuesday, the Dow rose 431 points, or 1.3%, while the S&amp;P 500 gained 2% and the Nasdaq Composite climbed nearly 2.8%.</p><p>The Dow has declined for seven straight weeks, but stocks have stabilized over the last three trading sessions. Last week, the S&amp;P 500 fell to the brink of a bear market — or 20% below its record high — but the index has now gained 4% since Thursday’s close.</p><p>Despite the recent comeback, the S&amp;P 500 is down 14% for the year, while the Nasdaq Composite is off by 23%.</p><p>Gas prices have steadily marched higher, contributing to inflationary pressures seen across the economy. The national average for a gallon of regular gasoline hit a record $4.567 on Wednesday, according to AAA. Prices are 48 cents more than a month ago, and $1.52 more than what consumers paid last year.</p><p>Every single state is now averaging above $4 per gallon, with some states paying much more. In California, the statewide average has crossed $6.</p><p>The yield on the benchmark 10-year Treasury note topped 3% on Wednesday morning as investors weighed the prospects of tighter monetary policy.</p><p>Stocks and other risk assets have been pressured by inflation and the Federal Reserve’s attempt to tamp down price increases through rate hikes, which has led to concerns about a potential recession. Fed Chair Jerome Powell said at a Wall Street Journal conference on Tuesday that “there won’t be any hesitation” about raising rates until inflation is under control.</p><p>However, some recent economic data, including the jobs report andretail sales datafrom April, still show the U.S. economy growing.</p><p>“There’s a big difference between corrections in the equity markets and outright bear markets,” said Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management. “The difference being bear markets are almost always sort of associated with some kind of recessionary macroeconomic environment, or at least an inevitable one in the forecast horizon over the next six-to-12 months. For us, as we sit here today, we just don’t see that.”</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>Dow Drops 300 Points, Its First Decline in 4 Days As Companies Warn of Rising Costs</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\">\nDow Drops 300 Points, Its First Decline in 4 Days As Companies Warn of Rising Costs\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-05-18 21:32</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>U.S. stock futures fell on Wednesday morning after another major retailer warned of rising cost pressures, confirming the fears over inflation that have sent major benchmarks to big losses so far this year.</p><p>Futures for the Dow Jones Industrial Average shed 281 points, or 0.9%, with the average set for its first loss in four days. S&amp;P 500 futures traded 1.2% lower, while Nasdaq 100 futures slipped 1.5%.</p><p>Those losses come after a disappointing earnings report from Target. Shares tumbled more than 24% in premarket trading Wednesday after Targetreported first-quarter earnings that were much lower than Wall Street estimatedbecause of higher costs for fuel and compensation. The retailer also saw lower-than-expected sales for discretionary merchandise like TVs.</p><p>Target’s report comes right after Walmart on Tuesday posted earnings that fell short of expectations as it toocited higher fuel and labor costs. Walmart shares ended Tuesday lower by 11%. They were down another 2% in premarket trading Wednesday.</p><p>“Any company that relies on households and discretionary purchases will likely suffer this quarter because a lot of discretionary income has been funneled to food and energy prices,” said Jack Ablin, founding partner of Cresset Capital.</p><p>Other retailers took a hit on the back of Target’s quarterly earnings miss, with the SPDR S&amp;P Retail ETF slipping more than 4% in Wednesday premarket trading. Best Buy’s stock price dropped more than 6% in premarket trading, Dollar General’s fell more than 6% in premarket trading and Dollar Tree’s declined more than 5% in premarket trading.</p><p>Lowe’s shares fell more than 2% in premarket trading aftermissing sales expectations in its first quarter reportas shoppers bought fewer supplies for outdoor projects.</p><p>More notable decliners in retail included shares of Macy’s, which dropped 7% in premarket trading, and shares of Kohl’s, which fell more than 5% in premarket trading.</p><p>Wednesday’s market reversal comes after shares had been mounting a comeback off the year’s lows. OnTuesday, the Dow rose 431 points, or 1.3%, while the S&amp;P 500 gained 2% and the Nasdaq Composite climbed nearly 2.8%.</p><p>The Dow has declined for seven straight weeks, but stocks have stabilized over the last three trading sessions. Last week, the S&amp;P 500 fell to the brink of a bear market — or 20% below its record high — but the index has now gained 4% since Thursday’s close.</p><p>Despite the recent comeback, the S&amp;P 500 is down 14% for the year, while the Nasdaq Composite is off by 23%.</p><p>Gas prices have steadily marched higher, contributing to inflationary pressures seen across the economy. The national average for a gallon of regular gasoline hit a record $4.567 on Wednesday, according to AAA. Prices are 48 cents more than a month ago, and $1.52 more than what consumers paid last year.</p><p>Every single state is now averaging above $4 per gallon, with some states paying much more. In California, the statewide average has crossed $6.</p><p>The yield on the benchmark 10-year Treasury note topped 3% on Wednesday morning as investors weighed the prospects of tighter monetary policy.</p><p>Stocks and other risk assets have been pressured by inflation and the Federal Reserve’s attempt to tamp down price increases through rate hikes, which has led to concerns about a potential recession. Fed Chair Jerome Powell said at a Wall Street Journal conference on Tuesday that “there won’t be any hesitation” about raising rates until inflation is under control.</p><p>However, some recent economic data, including the jobs report andretail sales datafrom April, still show the U.S. economy growing.</p><p>“There’s a big difference between corrections in the equity markets and outright bear markets,” said Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management. “The difference being bear markets are almost always sort of associated with some kind of recessionary macroeconomic environment, or at least an inevitable one in the forecast horizon over the next six-to-12 months. For us, as we sit here today, we just don’t see that.”</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1144253627","content_text":"U.S. stock futures fell on Wednesday morning after another major retailer warned of rising cost pressures, confirming the fears over inflation that have sent major benchmarks to big losses so far this year.Futures for the Dow Jones Industrial Average shed 281 points, or 0.9%, with the average set for its first loss in four days. S&P 500 futures traded 1.2% lower, while Nasdaq 100 futures slipped 1.5%.Those losses come after a disappointing earnings report from Target. Shares tumbled more than 24% in premarket trading Wednesday after Targetreported first-quarter earnings that were much lower than Wall Street estimatedbecause of higher costs for fuel and compensation. The retailer also saw lower-than-expected sales for discretionary merchandise like TVs.Target’s report comes right after Walmart on Tuesday posted earnings that fell short of expectations as it toocited higher fuel and labor costs. Walmart shares ended Tuesday lower by 11%. They were down another 2% in premarket trading Wednesday.“Any company that relies on households and discretionary purchases will likely suffer this quarter because a lot of discretionary income has been funneled to food and energy prices,” said Jack Ablin, founding partner of Cresset Capital.Other retailers took a hit on the back of Target’s quarterly earnings miss, with the SPDR S&P Retail ETF slipping more than 4% in Wednesday premarket trading. Best Buy’s stock price dropped more than 6% in premarket trading, Dollar General’s fell more than 6% in premarket trading and Dollar Tree’s declined more than 5% in premarket trading.Lowe’s shares fell more than 2% in premarket trading aftermissing sales expectations in its first quarter reportas shoppers bought fewer supplies for outdoor projects.More notable decliners in retail included shares of Macy’s, which dropped 7% in premarket trading, and shares of Kohl’s, which fell more than 5% in premarket trading.Wednesday’s market reversal comes after shares had been mounting a comeback off the year’s lows. OnTuesday, the Dow rose 431 points, or 1.3%, while the S&P 500 gained 2% and the Nasdaq Composite climbed nearly 2.8%.The Dow has declined for seven straight weeks, but stocks have stabilized over the last three trading sessions. Last week, the S&P 500 fell to the brink of a bear market — or 20% below its record high — but the index has now gained 4% since Thursday’s close.Despite the recent comeback, the S&P 500 is down 14% for the year, while the Nasdaq Composite is off by 23%.Gas prices have steadily marched higher, contributing to inflationary pressures seen across the economy. The national average for a gallon of regular gasoline hit a record $4.567 on Wednesday, according to AAA. Prices are 48 cents more than a month ago, and $1.52 more than what consumers paid last year.Every single state is now averaging above $4 per gallon, with some states paying much more. In California, the statewide average has crossed $6.The yield on the benchmark 10-year Treasury note topped 3% on Wednesday morning as investors weighed the prospects of tighter monetary policy.Stocks and other risk assets have been pressured by inflation and the Federal Reserve’s attempt to tamp down price increases through rate hikes, which has led to concerns about a potential recession. Fed Chair Jerome Powell said at a Wall Street Journal conference on Tuesday that “there won’t be any hesitation” about raising rates until inflation is under control.However, some recent economic data, including the jobs report andretail sales datafrom April, still show the U.S. economy growing.“There’s a big difference between corrections in the equity markets and outright bear markets,” said Matt Stucky, a senior portfolio manager at Northwestern Mutual Wealth Management. “The difference being bear markets are almost always sort of associated with some kind of recessionary macroeconomic environment, or at least an inevitable one in the forecast horizon over the next six-to-12 months. For us, as we sit here today, we just don’t see that.”","news_type":1},"isVote":1,"tweetType":1,"viewCount":76,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}