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07-04

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@TigerEvents:[10th Anniv] Discover exciting features & win a US$1,010 reward!

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08:38","market":"us","language":"en","title":"Billionaire Soros Buys Stake in EV Startup Rivian","url":"https://stock-news.laohu8.com/highlight/detail?id=2210252655","media":"StreetInsider","summary":"NEW YORK  -     Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended Dec. 31, securities filings showed Friday.The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a consumer vehicle. Rivian, which is 20% owned by Amazon.com Inc, is expected to provide the e-commerce company with more than 100,000 electric truc","content":"<html><head></head><body><p>NEW YORK (Reuters) -     Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended Dec. 31, securities filings showed Friday.</p><p>The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a consumer vehicle. Rivian, which is 20% owned by Amazon.com Inc, is expected to provide the e-commerce company with more than 100,000 electric trucks.</p><p>Irvine, California-based Rivian said in December it expected production to fall &#34;a few hundred vehicles short&#34; of its 2021 target of 1,200 due to supply chain constraints, highlighting the likely challenges in ramping up production to take on EV leader Tesla Inc.</p><p>Shares of Rivian fell 9% Friday and are down 43% for the year to date. The stock price is down 67% from the high of $179.46 it touched on Nov. 16, less than a week after it raised $12 billion in the largest stock debut of 2021.</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>Billionaire Soros Buys Stake in EV Startup Rivian</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\">\nBillionaire Soros Buys Stake in EV Startup Rivian\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-02-12 08:38 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=19606168><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>NEW YORK (Reuters) -     Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended Dec. 31, securities filings showed ...</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=19606168\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc.","BK4099":"汽车制造商"},"source_url":"https://www.streetinsider.com/dr/news.php?id=19606168","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2210252655","content_text":"NEW YORK (Reuters) -     Billionaire investor George Soros bought nearly 20 million shares of electric truck startup Rivian Automotive Inc in the quarter ended Dec. 31, securities filings showed Friday.The 19,835,761 shares, worth about $2 billion at the time, makes Soros Fund Management among the most prominent investors in a company that has yet to produce a consumer vehicle. Rivian, which is 20% owned by Amazon.com Inc, is expected to provide the e-commerce company with more than 100,000 electric trucks.Irvine, California-based Rivian said in December it expected production to fall \"a few hundred vehicles short\" of its 2021 target of 1,200 due to supply chain constraints, highlighting the likely challenges in ramping up production to take on EV leader Tesla Inc.Shares of Rivian fell 9% Friday and are down 43% for the year to date. The stock price is down 67% from the high of $179.46 it touched on Nov. 16, less than a week after it raised $12 billion in the largest stock debut of 2021.","news_type":1},"isVote":1,"tweetType":1,"viewCount":361,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9964322178,"gmtCreate":1670083552494,"gmtModify":1676538300052,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍👍","listText":"👍👍","text":"👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":1,"link":"https://ttm.financial/post/9964322178","isVote":1,"tweetType":1,"viewCount":24,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936122343,"gmtCreate":1662731076982,"gmtModify":1676537128782,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍👍👍👍","listText":"👍👍👍👍","text":"👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9936122343","repostId":"1121193410","repostType":4,"repost":{"id":"1121193410","pubTimestamp":1662736920,"share":"https://ttm.financial/m/news/1121193410?lang=&edition=fundamental","pubTime":"2022-09-09 23:22","market":"us","language":"en","title":"Tesla Just Took A Stress Test And Passed It","url":"https://stock-news.laohu8.com/highlight/detail?id=1121193410","media":"Seeking Alpha","summary":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.Howev","content":"<html><head></head><body><p><b>Summary</b></p><ul><li>The past two quarters represented a stress test for Tesla.</li><li>It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.</li><li>However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.</li><li>It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.</li><li>Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.</li></ul><p><b>Thesis and Background</b></p><p>Tesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.</p><p>At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.</p><p>Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.</p><p><b>TSLA’s stress test</b></p><p>The following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.</p><p>Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.</p><p>So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.</p><p><img src=\"https://static.tigerbbs.com/8e7881b443d2c420626b971f109ca311\" tg-width=\"640\" tg-height=\"317\" referrerpolicy=\"no-referrer\"/></p><p>Author based on Seeking Alpha data</p><p><b>TSLA’s fixed cost and variable cost</b></p><p>For a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from <i>A Modern Approach to Graham and Dodd Investing</i> by Thomas P. Au. As also explained in the book,</p><blockquote><i>Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.</i></blockquote><p><img src=\"https://static.tigerbbs.com/f5c669923352cb292c185f41f4ea4fd9\" tg-width=\"640\" tg-height=\"363\" referrerpolicy=\"no-referrer\"/></p><p>A Modern Approach to Graham and Dodd Investing by Thomas P. Au</p><p>The next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.</p><p>You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).</p><p>Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.</p><p><img src=\"https://static.tigerbbs.com/5520e0e03cd80a27fd4c847f92439068\" tg-width=\"640\" tg-height=\"339\" referrerpolicy=\"no-referrer\"/></p><p>Author</p><p><b>TSLA Stock’s profit and return projections</b></p><p>This next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.</p><p>Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.</p><p>As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.</p><p>For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.</p><p><img src=\"https://static.tigerbbs.com/98d10ac6399c754be5f519058eac954f\" tg-width=\"640\" tg-height=\"303\" referrerpolicy=\"no-referrer\"/></p><p>Author: TSLA’s profit and return projections</p><p><img src=\"https://static.tigerbbs.com/fcc4fe07e1d74f5be8ebf212d915aeb0\" tg-width=\"640\" tg-height=\"236\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</p><p><b>Final thoughts and risks</b></p><p>To recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.</p><p>However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.</p><p><img src=\"https://static.tigerbbs.com/3880cc09103624085d81075fe424881e\" tg-width=\"640\" tg-height=\"131\" referrerpolicy=\"no-referrer\"/></p><p>Seeking Alpha</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 Just Took A Stress Test And Passed It</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 Just Took A Stress Test And Passed It\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-09-09 23:22 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al....</p>\n\n<a href=\"https://seekingalpha.com/article/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2\">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/4539874-tesla-stock-stress-test-passed?source=content_type%3Areact%7Cfirst_level_url%3Ahome%7Csection%3Aportfolio%7Csection_asset%3Aheadlines%7Cline%3A2","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1121193410","content_text":"SummaryThe past two quarters represented a stress test for Tesla.It had to deal with a number of challenges, including limited production, shutdowns at its Shanghai factory, soaring costs, et al.However, its June-quarter results topped expectations largely driven by a healthy ramp-up of total deliveries despite all the challenges.It also demonstrated its pricing muscle and showed that its production has clearly passed the pivot point of the critical scale.Going forward, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree.Thesis and BackgroundTesla (NASDAQ: TSLA) essentially took a stress test in the past two quarters. And to investors’ relief, it passed the test. Although we look more closely (which we will in the next section), there are still some lingering issues in its scorecard. But overall, its June-quarter results topped expectations despite the multitude of challenges it faced in the first half of the year, including limited production and shutdowns at its factory in Shanghai for most of the quarter, ongoing supply-chain disruptions, and rising labor and raw materials cost. Despite all these challenges, revenues for the June quarter went up 42% YoY and the total deliveries reached almost 255K (a 27% increase YoY). Looking forward, management is targeting record production in the second half of the year.At the same time, TSLA has also demonstrated its pricing muscle amid soaring inflation. Later in the article, you will see that the average unit sale price went up by almost 10% compared to the previous quarter and by more than 16% compared to the 4thquarter of 2021. Yet, customers are still flocking to buy its cars as quickly as it can make them.Such pricing and the resilience of its integrated production system form a powerful combination. Moreover, its production has clearly passed the pivot point of the critical scale. As the Gigafactories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree as elaborated on next immediately.TSLA’s stress testThe following chart illustrates the nature of the stress test that Tesla just took in the past two quarters. This chart shows the average CFO (cash from operations) per vehicle and also the average unit price per vehicle since 2015. To set the background, you can see very clearly that Tesla has passed the pivot point of critical scale around 2018. Since 2015, it was able to make an improving profit per vehicle while the unit price (i.e., the price tag on each vehicle) has actually been DECLINING. The average price tag for a TSLA vehicle was around $80.9K back in 2015 (when one of my friends joked that it was like driving a piece of jewelry with limited range). The average price declined to $57.5K in 2021, while the net profits soared during the same period, as you can see. And the net profit turned positive in 2018, a clear indicator of passing the breakeven point.Then came the stress test in 2022. Due to all of the above-mentioned challenges, the business had to increase the unit price from an average of $57.5K per vehicle in 2021 to $66.5K in Q2 of 2022, a price increase of 15.6%. It is undoubtedly good news that the business has the pricing power to increase the price at such a substantial magnitude. However, the bad news is that the price increase itself is not sufficient to overcome the inflation cost, raw materials, et al. As a result, the net profit per vehicle actually decreased as seen. The average CFO per vehicle reached a peak of $12.2K in 2021 and declined to $9.23K in Q2 2022, a decline of more than 25%.So overall, it turned in a good scorecard with some lingering issues, and we will examine these issues more next.Author based on Seeking Alpha dataTSLA’s fixed cost and variable costFor a production business like TSLA, the basic economics are well-understood and shown in the following chart taken from A Modern Approach to Graham and Dodd Investing by Thomas P. Au. As also explained in the book,Profit is a function of volume, price, and cost, as shown in the next figure. Costs come in two varieties, fixed costs and the variable cost (shown as F and M * V in the figure, where M is the marginal cost of producing an additional unit and V is the production volume). Fix costs include things like plant and equipment (especially the depreciation thereon) and also most capital costs (such as interest expenses). Fixed costs were incurred upfront and do not vary with the level of output. A production business has to first pass the breakeven point to make a profit. After it breaks the critical volume of sales, the fixed costs are spread out on more and more units and profit margins will improve.A Modern Approach to Graham and Dodd Investing by Thomas P. AuThe next chart shows how these dynamics are playing out at TSLA. The chart shows my estimates of TSLA’s fixed cost and variable costs. The plot is made in double-logarithmic scales. The blue line shows its total revenue and the orange line shows my best fit to the model above based on its actual data.You can see again that the break-even point occurred somewhere close to 100K vehicles (where the blue line and orange intersect). And in reality, its total vehicle deliveries exceeded 100K for the first time in 2017, corroborating the validity of the fit. By calculating the slope of the orange line, we can also determine the variable cost to be about $42,000 per vehicle for TSLA. By extrapolating the orange line to the left, you could see that the fixed cost is about $2 billion. Moreover, by extrapolating the orange line all the way to 1M vehicle delivery (which it aims to reach this year), we can project the fixed cost, the variable cost, and also the profit (i.e., the difference between the blue and orange lines).Under a double-log scale, the difference is hard to see. So, in the next section, I will tabulate these numbers and project them into the next few years also.AuthorTSLA Stock’s profit and return projectionsThis next table repeats the same information that I obtained from the fitting (especially, the average fixed cost, variable cost, and net profit per vehicle) shown in the chart above. Except it is presented in a tabular form this time.Based on these parameters, we can also make projections about the TSLA’s revenues and profits going forward. To summarize, the key parameters are: A) the variable cost per vehicle is $42,000; and B) a fixed cost of $2B. Finally, I also made the assumption that: A) the operating expenses are 13% of total sales, which is consistent with its current levels; B) it can maintain the current average vehicle price tag of $66,000; and C) its annual production would grow at 30% CAGR.As can be seen, based on these projections. Its total revenues are projected to reach about $188B. The projection is quite close to the consensus estimate of $191B in 2026 as shown below. Assuming the consensus estimates are reached by other independent methods, such agreement serves as another good sign of the validity of the above model and fitting. And a fundamental understanding of its variable cost and fixed cost can provide us with powerful insights into its profit drivers and understand future returns.For example, right now, there is no doubt that the business is expensively valued. However, with the above fixed cost and variable cost, the table shows that it can benefit from the scale of production to a further degree going forward. Total revenues are projected to reach $188B in 2026 and EBITDA earnings are projected to reach $45B by 2026. Under the current price, price to sales ratio would be about 5.1x in 2026, the EV/sales ratio about 5.2x, and the EV/EBITDA ratio about 21x. The P/S and EV/S ratios would not be that different from the overall market by then.Author: TSLA’s profit and return projectionsSeeking AlphaFinal thoughts and risksTo recap, I see the past two quarters as a stress test on Tesla and I further see it passed the test. There should no longer be any doubt about its profitability, production resilience, and pricing power after this test. Going forward, a few catalysts could further boost its profitability in the near future. As the Shanghai Gigafactory resumes operation and factories in Austin and Berlin continue to ramp up, I expect it to recoup its fixed cost at an even faster pace and benefit from the scale of production to a further degree. Its recent advancements in full self-driving software add further optionality and upward potential for shareholders.However, there are a few lingering issues on its scorecard. The price increase itself was not sufficient to overcome the rising costs. Profit per vehicle actually decreased by more than 25% despite an almost 16% increase in the average sales price tag per vehicle. Going forward, I see such cost control (raw materials, labor, and general inflation) challenges to persist. And finally, it is just in general difficult to predict things that grow at fast rates, which is an inherent risk with nonlinear stocks like TSLA. TSLA management repeatedly mentioned its goal and confidence of growing deliveries at 50% annual rates, while other sources’ estimates are all over the place. For example, Morning Star analysis assumes Tesla only delivers around 5.7 million vehicles by 2030, well below management’s target. While Cathie Wood believes (or believed) that Tesla can sell 20m vehicles a year by 2025. You can see such variance (and hence risks) by the huge difference in the low and high ends of the consensus estimates below. The variance is more than 2x by 2024, more than 3x by 2025, and almost 4x by 2026.Seeking Alpha","news_type":1},"isVote":1,"tweetType":1,"viewCount":16,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9991622482,"gmtCreate":1660830376449,"gmtModify":1676536406771,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9991622482","repostId":"1114388445","repostType":4,"repost":{"id":"1114388445","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":1660829741,"share":"https://ttm.financial/m/news/1114388445?lang=&edition=fundamental","pubTime":"2022-08-18 21:35","market":"us","language":"en","title":"Bed Bath & Beyond Stock Plunged 13% after Ryan Cohen Files to Unload Stake","url":"https://stock-news.laohu8.com/highlight/detail?id=1114388445","media":"Tiger Newspress","summary":"Bed Bath & Beyond stock plunged 13% in morning trading after Ryan Cohen suggested he has soured on t","content":"<html><head></head><body><p>Bed Bath &amp; Beyond stock plunged 13% in morning trading after Ryan Cohen suggested he has soured on the stock.<img src=\"https://static.tigerbbs.com/4d6be47e6a410dda2b8d1e3711b16a6a\" tg-width=\"839\" tg-height=\"843\" width=\"100%\" height=\"auto\"/>Ryan Cohen’s RC Ventures said in a filing Tuesday with the US Securities and Exchange Commission that it might sell as much as 7.78 million shares of Bed Bath &amp; Beyond, along with some call options. RC is the retailer’s second-largest holder after BlackRock Inc., according to data compiled by Bloomberg, with an 11.8% stake as of April 21.</p><p>Bed Bath &amp; Beyond has risen more than 400% from a late-July low as retail investors embraced it. The company has fared less well on the fundamental side of things lately, dismissing former Chief Executive Officer Mark Tritton in June after another downbeat quarterly report.</p><p>Cohen had grown fed up with Tritton’s performance and pushed for his ouster, a person familiar with Cohen’s thinking said at the time, but continued to believe the company’s Buybuy Baby unit was a promising and undervalued asset. The filing suggests Cohen’s patience for a Bed Bath &amp; Beyond turnaround is wearing still thinner.</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>Bed Bath & Beyond Stock Plunged 13% after Ryan Cohen Files to Unload Stake</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\">\nBed Bath & Beyond Stock Plunged 13% after Ryan Cohen Files to Unload Stake\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\">2022-08-18 21:35</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Bed Bath &amp; Beyond stock plunged 13% in morning trading after Ryan Cohen suggested he has soured on the stock.<img src=\"https://static.tigerbbs.com/4d6be47e6a410dda2b8d1e3711b16a6a\" tg-width=\"839\" tg-height=\"843\" width=\"100%\" height=\"auto\"/>Ryan Cohen’s RC Ventures said in a filing Tuesday with the US Securities and Exchange Commission that it might sell as much as 7.78 million shares of Bed Bath &amp; Beyond, along with some call options. RC is the retailer’s second-largest holder after BlackRock Inc., according to data compiled by Bloomberg, with an 11.8% stake as of April 21.</p><p>Bed Bath &amp; Beyond has risen more than 400% from a late-July low as retail investors embraced it. The company has fared less well on the fundamental side of things lately, dismissing former Chief Executive Officer Mark Tritton in June after another downbeat quarterly report.</p><p>Cohen had grown fed up with Tritton’s performance and pushed for his ouster, a person familiar with Cohen’s thinking said at the time, but continued to believe the company’s Buybuy Baby unit was a promising and undervalued asset. The filing suggests Cohen’s patience for a Bed Bath &amp; Beyond turnaround is wearing still thinner.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BBBY":"3B家居"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1114388445","content_text":"Bed Bath & Beyond stock plunged 13% in morning trading after Ryan Cohen suggested he has soured on the stock.Ryan Cohen’s RC Ventures said in a filing Tuesday with the US Securities and Exchange Commission that it might sell as much as 7.78 million shares of Bed Bath & Beyond, along with some call options. RC is the retailer’s second-largest holder after BlackRock Inc., according to data compiled by Bloomberg, with an 11.8% stake as of April 21.Bed Bath & Beyond has risen more than 400% from a late-July low as retail investors embraced it. The company has fared less well on the fundamental side of things lately, dismissing former Chief Executive Officer Mark Tritton in June after another downbeat quarterly report.Cohen had grown fed up with Tritton’s performance and pushed for his ouster, a person familiar with Cohen’s thinking said at the time, but continued to believe the company’s Buybuy Baby unit was a promising and undervalued asset. The filing suggests Cohen’s patience for a Bed Bath & Beyond turnaround is wearing still thinner.","news_type":1},"isVote":1,"tweetType":1,"viewCount":50,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9999338395,"gmtCreate":1660461234219,"gmtModify":1676533475725,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9999338395","repostId":"1110057750","repostType":4,"repost":{"id":"1110057750","pubTimestamp":1660446286,"share":"https://ttm.financial/m/news/1110057750?lang=&edition=fundamental","pubTime":"2022-08-14 11:04","market":"us","language":"en","title":"Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger","url":"https://stock-news.laohu8.com/highlight/detail?id=1110057750","media":"seekingalpha","summary":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to fo","content":"<html><head></head><body><p>Summary</p><ul><li>I explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank&#39;s CEO, Masayoshi Son.</li><li>Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.</li><li>Investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved.</li><li>Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.</li><li>The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</li></ul><p>Introduction &amp; Thesis</p><p>On March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son&#39;s plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank&#39;s businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company&#39;s shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:</p><p><img src=\"https://static.tigerbbs.com/96b0ceefb3d3bed3af27a07fdd9d3a81\" tg-width=\"635\" tg-height=\"450\" referrerpolicy=\"no-referrer\"/>Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).</p><p>As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China&#39;s GDP growth slowdown and housing crisis). The pressure on BABA&#39;s quotes is likely to continue due to these two factors, and Softbank&#39;s sale of forward contracts for such a large amount may add to the headwinds for shareholders.</p><p>Masayoshi Son vs. Charlie Munger</p><p>One of the most frequently cited arguments for buying BABA after its phenomenal &gt;50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).</p><p>In my subjective opinion, a 50% reduction of BABA&#39;s position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger&#39;s capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.</p><p>Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):</p><blockquote>When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: &#34;<i>We don’t invest in kleptocracies.</i>&#34; One investor famously declared after the market’s meltdown in 1998: &#34;I’d rather eat nuclear waste than invest in Russia.&#34;</blockquote><blockquote>[Source]</blockquote><p>If you have been buying BABA solely on Munger&#39;s moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:</p><p><img src=\"https://static.tigerbbs.com/f172b8f0ac1e4673cf5741f21754470d\" tg-width=\"640\" tg-height=\"420\" referrerpolicy=\"no-referrer\"/><b>Important note:</b>the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.</p><p>I think the risks of investing in the Chinese market are becoming more evident every year. While the country&#39;s GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country&#39;s overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).</p><blockquote>As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.</blockquote><blockquote>The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China&#39;s population down to 587 million in 2100, less than half of what it is today.</blockquote><blockquote>[Source]</blockquote><p>The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.</p><p>Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.</p><p>Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China&#39;s tech sector.</p><blockquote>&#34;I strongly believe that China&#39;s AI technology and business model will continue to innovate,&#34; Son said in a news conference. &#34;However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.&#34;</blockquote><blockquote>[Source]</blockquote><p>A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.</p><p>This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.</p><p>The company&#39;s financial profile doesn&#39;t help</p><p>The low multiples that made BABA&#39;s stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:</p><p><img src=\"https://static.tigerbbs.com/a100fa0a41ade258d26db19f27c2313b\" tg-width=\"1280\" tg-height=\"826\" referrerpolicy=\"no-referrer\"/>However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.</p><p><img src=\"https://static.tigerbbs.com/ceb0944814657934f262b18db7db4ec2\" tg-width=\"1280\" tg-height=\"852\" referrerpolicy=\"no-referrer\"/>Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha&#39;s factor grade system changed the valuation metric in a negative direction for the company:</p><p>Readers will rightly wonder why the &#34;Profitability&#34; criterion is still rated &#34;A+&#34; against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company&#39;s cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:</p><p><img src=\"https://static.tigerbbs.com/9f0ad942e9b19cfbee3de08d1b1b2009\" tg-width=\"640\" tg-height=\"430\" referrerpolicy=\"no-referrer\"/></p><p><img src=\"https://static.tigerbbs.com/98d0b575ede1cd3f09a1e124dd313777\" tg-width=\"360\" tg-height=\"300\" referrerpolicy=\"no-referrer\"/>Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:</p><p><img src=\"https://static.tigerbbs.com/e33ef5864117b63096db2166e004e764\" tg-width=\"594\" tg-height=\"557\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"/>Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.</p><p>Of course, I could be wrong and the listing of BABA&#39;s shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it&#39;s not entirely clear what U.S. investors with their ADRs will actually get out of it.</p><p>From this, I conclude that investors shouldn&#39;t be fooled by Alibaba&#39;s &#34;low multiples&#34; but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.</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>Alibaba Stock: Follow Masayoshi Son, Not Charlie Munger</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\">\nAlibaba Stock: Follow Masayoshi Son, Not Charlie Munger\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-14 11:04 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","09988":"阿里巴巴-W"},"source_url":"https://seekingalpha.com/article/4533003-alibaba-stock-follow-masayoshi-son-not-charlie-munger?source=apple_sign_in&source=apple_sign_in","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1110057750","content_text":"SummaryI explain why investors should not repeat the mistakes of Charlie Munger - it is better to follow Softbank's CEO, Masayoshi Son.Mr. Son has decided to reduce his stake in Alibaba from 23.7% to 14.6% - in my opinion, this may create headwinds for BABA in the medium term.Investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved.Based on a fairly optimistic DCF model, there is a downside of 14% for Alibaba stock.The desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.Introduction & ThesisOn March 24, 2020, Bloomberg wrote about Softbank CEO Masayoshi Son's plans to sell $14 billion worth of Alibaba shares (NYSE:BABA) to shore up the bank's businesses, which had been battered by the coronavirus pandemic. This was not the first news of attempts by Masayoshi Son, who was one of the first investors in BABA in 2000, to get rid of the company's shares - according to a press release from the bank, derivative tradeshave been made since 2016. However, $14 billion in 2020 was quite a large amount, and in the medium term, BABA shares began to correct more than the main benchmarks:Now we see that Softbank faced the problem of deflating the bubble in high-growth companies after the Corona crisis, and will now further reduce its stake in Alibaba stock (from the current 23.7% to 14.6% after settling $34 billion in prepaid forward contracts).As from the very beginning of my coverage of Alibaba stock here on Seeking Alpha, I still believe that investors should not follow on the heels of Charlie Munger - there are too many risks in buying this stock, both geopolitical (U.S.-China tensions, Taiwan) and economic (China's GDP growth slowdown and housing crisis). The pressure on BABA's quotes is likely to continue due to these two factors, and Softbank's sale of forward contracts for such a large amount may add to the headwinds for shareholders.Masayoshi Son vs. Charlie MungerOne of the most frequently cited arguments for buying BABA after its phenomenal >50% off high dip is the fact that one of the most famous Western investors, Charlie Munger, bought and held the stock. According to the 13-F filings by his Daily Journal Corp, the 98-year-old investor began buying BABA in the first quarter of 2021 and gradually increased his position throughout 2021 (from 165,320 shares in the first quarter to 602,060 shares in the fourth quarter) until he decided to sell half of the position in the first quarter of 2022 and has not touched BABA since (which is interpreted by some as a bullish sign).In my subjective opinion, a 50% reduction of BABA's position in Daily Journal Corp. in the first quarter is already a sign of Mr. Munger's capitulation, as this act is not typical of his position in BofA (BAC) or Wells Fargo (WFC) - compare the position size as of the last reporting date [link above] with the portfolio at the end of 2013 to see for yourself.Concerning the unchanged amount of BABA shares in the last reporting quarter, it should be noted that other positions have also remained unchanged - Munger has simply decided not to buy or sell anything. The great investor of the 20th century will likely continue to get rid of his position in Alibaba stock, in my view, if the risks in China escalate. Remember what he said about Russian stocks many years ago (emphasis added):When asked about Russia, Charlie Munger, Warren Buffett’s partner at Berkshire Hathaway (BRK.A) (BRK.B), harrumphed: \"We don’t invest in kleptocracies.\" One investor famously declared after the market’s meltdown in 1998: \"I’d rather eat nuclear waste than invest in Russia.\"[Source]If you have been buying BABA solely on Munger's moves, then I must warn you: if you look at the performance of his Daily Journal Corp [based on Fintel data from 13-Fs], he has not been able to boast of excessive returns for many years:Important note:the reported value (RV) above should not be used as a substitute for Assets Under Management (AUM), as it does not include cash held in accounts.However, RV depletion is also an important criterion to consider.I think the risks of investing in the Chinese market are becoming more evident every year. While the country's GDP grew 6-10% annually from the early 1990s until the pandemic began, these risks were ignored by many Western investors. We saw it even more positively when the Chinese GDP began to recover sharply after the 2020 lockdowns. Now, however, the prospects for similar growth rates are vague, as the real estate market, which has largely allowed China to report huge GDP growth rates in the past, is highly leveraged and in crisis, and the country's overall population is likely to start shrinking due to the low birth rate (which largely precludes the growth of the economy extensively).As recently as 2019 the China Academy of Social Sciences expected the population to peak in 2029, at 1.44 billion. The 2019 United Nations Population Prospects report expected the peak later still, in 2031-32, at 1.46 billion.The Shanghai Academy of Social Sciences team predicts an annual average decline of 1.1% after 2021, pushing China's population down to 587 million in 2100, less than half of what it is today.[Source]The accumulated problems of the Chinese regime drive Xi to continue trying to expand his sole power, because at first glance it seems more reliable to keep everything in one hand. Given the level of corruption in the country, we are dealing with a kleptocratic state - the reason why Munger avoided investing in Russia after 1998.Aside from Masayoshi Son being forced to sell his shares in Alibaba, I think Softbank would have dumped its high stake in the company anyway, feeling the pressure from the Communist Party.Exactly one year ago, Nikkei Asia published an article citing Son as to how he sees the pressure on China's tech sector.\"I strongly believe that China's AI technology and business model will continue to innovate,\" Son said in a news conference. \"However, in investment activities, various new regulations have begun, so I want to wait and see what kind of regulations are implemented and what kind of impact they have on the stock market.\"[Source]A year later, he waited, looked around, and decided to reduce his stake in Alibaba from 23.7% to 14.6%.This is a smart move that is not about flooding the market with shares all at once - under the terms of the forward contract, Mr. Son will have the right to buy back his BABA shares. However, it is unlikely that he will do so - in any case, we have not seen this happen since 2016. So, in the coming months, there will be a greater supply of Alibaba shares on the market, which will put additional pressure on prices against the backdrop of geopolitical and macroeconomic risks specific to China.The company's financial profile doesn't helpThe low multiples that made BABA's stock seem undervalued compared to U.S. tech giants have gotten even lower over the past six months - in line with the stock price:However, it turned out that this underestimation was evidence of the value trap - the slowdown in economic growth and regulatory problems were making themselves felt. Margins continued their downward trend, and the ratio of EBITDA to sales did not return to the level seen before COVID.Sales and earnings growth did not improve as investors expected, so the denominators for most valuation metrics became smaller than the numerators - Seeking Alpha's factor grade system changed the valuation metric in a negative direction for the company:Readers will rightly wonder why the \"Profitability\" criterion is still rated \"A+\" against a backdrop of declining business margins and less than stellar ROE / ROA / ROIC indicators. The answer to this question lies in the elements of this criterion - the company's cash flow from operations (CFO) is the only reason for this superiority over the rest of the sector:Indeed, in the Internet and direct marketing retail industry, of which Alibaba is a part, only 58.62% of companies have a positive CFO. Such companies have a CFO to TTM ratio of 7% (median), while BABA has a similar ratio of 17%, making it a true cash cow. However, for a cash cow, the margin of safety of BABA is highly controversial in terms of DCF modeling:Even with a fairly optimistic discount rate (10% is low given the risks for the Chinese tech giant) and a very generous assumption of a 15% growth rate over the next 10 years (which is already not the case), there is a downside of 14%, even when adding the tangible book value to the final share price.Of course, I could be wrong and the listing of BABA's shares on the Hong Kong Stock Exchange will create additional demand from investors in mainland China, but it's not entirely clear what U.S. investors with their ADRs will actually get out of it.From this, I conclude that investors shouldn't be fooled by Alibaba's \"low multiples\" but to take a broader look at this company and consider all the risks involved. Then, the desire to follow the example of Masayoshi Son rather than Charlie Munger seems more logical to me.","news_type":1},"isVote":1,"tweetType":1,"viewCount":126,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9018944665,"gmtCreate":1648963080895,"gmtModify":1676534429498,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":7,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9018944665","repostId":"1119316511","repostType":4,"repost":{"id":"1119316511","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":1648799989,"share":"https://ttm.financial/m/news/1119316511?lang=&edition=fundamental","pubTime":"2022-04-01 15:59","market":"us","language":"en","title":"Tiger Chart｜ Q1 S&P 500 Top 10 Wrap: Berkshire Soared 18%; Meta Plummeted 33%","url":"https://stock-news.laohu8.com/highlight/detail?id=1119316511","media":"Tiger Newspress","summary":"We analyzed Q1 Performance of S&P 500 Top 10 Companies. Among the top 10 companies by market cap, Be","content":"<html><head></head><body><p>We analyzed Q1 Performance of S&amp;P 500 Top 10 Companies. Among the top 10 companies by market cap, Berkshire stood out, with its share price soaring 18%; Meta plummeted by more than 33%, ranking at the bottom.<img src=\"https://static.tigerbbs.com/b47990d81988dfb6ec08dbf89222018c\" tg-width=\"757\" tg-height=\"1556\" width=\"100%\" height=\"auto\"/></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｜ Q1 S&P 500 Top 10 Wrap: Berkshire Soared 18%; Meta Plummeted 33%</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｜ Q1 S&P 500 Top 10 Wrap: Berkshire Soared 18%; Meta Plummeted 33%\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\">2022-04-01 15:59</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>We analyzed Q1 Performance of S&amp;P 500 Top 10 Companies. Among the top 10 companies by market cap, Berkshire stood out, with its share price soaring 18%; Meta plummeted by more than 33%, ranking at the bottom.<img src=\"https://static.tigerbbs.com/b47990d81988dfb6ec08dbf89222018c\" tg-width=\"757\" tg-height=\"1556\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","BRK.A":"伯克希尔","AMZN":"亚马逊"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1119316511","content_text":"We analyzed Q1 Performance of S&P 500 Top 10 Companies. Among the top 10 companies by market cap, Berkshire stood out, with its share price soaring 18%; Meta plummeted by more than 33%, ranking at the bottom.","news_type":1},"isVote":1,"tweetType":1,"viewCount":74,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905993626,"gmtCreate":1659789611468,"gmtModify":1703766554179,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905993626","repostId":"1102529925","repostType":4,"repost":{"id":"1102529925","pubTimestamp":1659757740,"share":"https://ttm.financial/m/news/1102529925?lang=&edition=fundamental","pubTime":"2022-08-06 11:49","market":"us","language":"en","title":"3 Monkeypox Stocks to Buy as Biden Declares Public Health Emergency","url":"https://stock-news.laohu8.com/highlight/detail?id=1102529925","media":"InvestorPlace","summary":"The White House is about to turn to vaccine producers to curb the spread of monkeypox. Here are the ","content":"<html><head></head><body><ul><li>The White House is about to turn to vaccine producers to curb the spread of monkeypox. Here are the names to know.</li><li><b>Bavarian Nordic</b>(<b><u>BVNRY</u></b>): The industry leader among vaccine producers.</li><li><b>GeoVax</b>(<b><u>GOVX</u></b>): A U.S.-based company with an edge over its international competitors.</li><li><b>Applied DNA Sciences</b>(<b><u>APDN</u></b>): The company at the forefront of the monkeypox testing revolution.</li></ul><p>The White House has declared monkeypox a public health emergency. Within the last two weeks, California, New York and Illinois making the same declaration already, and many other states are sounding the alarm. With the Joe Biden administration finally issuing this decree, though, public health officials have more flexibility to take action. The <i>Washington Post</i> reports that a second declaration is also under consideration. Under it, public health officials could “expedite medical countermeasures, such as potential treatments and vaccines, without going through full-fledged federal reviews.” Details are still emerging but one thing is clear; the U.S. is about to see a new focus on monkeypox vaccines. This means an influx in demand for the companies that produce them. Investors are already assessing the best monkeypox stocks.</p><p>The Covid-19 pandemic isn’t over but the U.S. is already entering a new vaccine boom. But the delayed vaccine rollout continues to raise questions.<i>CNN</i> reports that the U.S. delayed a large-scale vaccine order out of fear of the shots expiring before being administered. Federal agencies are exploring new ways to provide vaccines more efficiently, but the supply shortage poses challenges. For the U.S. government, the best chance at stopping the spread of the virus is to provide more vaccines. The White House knows it and it will work with vaccine makers to ensure that the rollout is expedited.</p><p>Let’s take a look at the vaccine stocks that will benefit the most:</p><p><b>Bavarian Nordic (BVNRY)</b></p><p>As its name suggests, Bavarian Nordic (OTCMKTS:<b><u>BVNRY</u></b>) isn’t a U.S. company. But the Danish pharmaceutical producer has quickly emerged as a leader among monkeypox stocks. It became a household name very quickly when the U.S, and other countries, began placing large orders for vaccines. Bavarian Nordic produces JYNNEOS, a non-replicating vaccine that is one of the only two licensed monkeypox treatments in the U.S. Unless other treatments gain that type of federal approval soon, Bavarian Nordic will see significant demand from one of the world’s largest markets. But it has already benefited from rising global demand. In early June, the company secured a lucrative vaccine contract with Canada. More recently, it inked a deal to supply 350,000 JYNNEOS doses to an “undisclosed APAC [Asia-Pacific] country”</p><p>Right now, the biggest hurdle for Bavarian Nordic will be meeting demand. But with the threat of monkeypox continuing to mount, the Dutch government may take action to help the company scale production. Bavarian Nordic has already carved out a niche for itself as the market leader among monkeypox stocks. It has spiked by more than 90% over the past six months and still has plenty of room to grow. The fact that it produces one of the only treatments with regulatory approval from U.S. agencies makes it a clear stock to buy for the monkeypox vaccine boom.</p><p><b>GeoVax (GOVX)</b></p><p>For investors seeking monkeypox stock at an even lower price, <b>GeoVax</b>(NASDAQ:<b><u>GOVX</u></b>) provides a tempting opportunity. This U.S.-based biotechnology firm recently fell on its Q2 earnings report but that doesn’t mean it won’t rise again. GOVX stock skyrocketed in June 2022 on growing monkeypox fears. When its CEO noted that GeoVax’s vaccines had “been validated and registered for [the] prevention of Monkeypox virus infection,” the stock quickly surged. Despite falling this week, shares are still up an impressive 344% for the month. As<i>InvestorPlace</i>contributor Chris MacDonald noted, “Should vaccine demand continue to remain high, there’s a significant potential market for GeoVax’s vaccines.”</p><p>Given the speed at which cases are spreading, it’s not likely that the demand for monkeypox vaccines is going anywhere. That means that the potential market highlighted by MacDonald is only going to grow. As noted, Bavarian Nordic may be the industry leader among monkeypox stocks, but GeoVax has a clear edge. As a company based in the U.S., it will benefit from policies aimed at helping vaccine makers scale production. And since the Biden administration considers monkeypox to be a public health emergency, it has considerable incentive to help U.S. companies produce more vaccines in order to keep the virus from getting worse. With midterm elections quickly approaching, another public health crisis is the last thing Democrats need.</p><p><b>Applied DNA Sciences (APDN)</b></p><p>Vaccine markers aren’t the only ones who stand to benefit from the monkeypox outbreak. <b>Applied DNA Sciences</b>(NASDAQ:<b><u>APDN</u></b>) is a molecular technology firm that has become the undisputed leader in the field of monkeypox testing. The little-known stock turned heads this week as it began a truly impressive surge. As of this writing, it is poised to finish the week with gains of 800% for the past five days. “The testing announcement and subsequent rise of APDN stock are occurring amid growing concern of increasing monkeypox infections,” reports<i>InvestorPlace</i>contributor Josh Enomoto. “Therefore, robust testing mechanisms may allow government agencies to better control and manage this latest outbreak.”</p><p>Applied DNA Sciences is on its way to becoming the <b>Quest Diagnostics</b>(NYSE:<b><u>DGX</u></b>) of the monkeypox boom. The Covid-19 breakout stock helped bring testing to the masses. Now Applied DNA Sciences is poised to do the same. Despite rising so much this week, it still trades at the low price of just over $6 per share. That’s a bargain when we consider how much further it can rise as monkeypox cases continue to spread. It should be on everyone’s list of monkeypox stocks to buy as the U.S. figures out its response to the virus.</p></body></html>","source":"lsy1606302653667","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 Monkeypox Stocks to Buy as Biden Declares Public Health Emergency</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 Monkeypox Stocks to Buy as Biden Declares Public Health Emergency\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 11:49 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://investorplace.com/2022/08/3-monkeypox-stocks-to-buy-as-biden-declares-public-health-emergency/><strong>InvestorPlace</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The White House is about to turn to vaccine producers to curb the spread of monkeypox. Here are the names to know.Bavarian Nordic(BVNRY): The industry leader among vaccine producers.GeoVax(GOVX): A U....</p>\n\n<a href=\"https://investorplace.com/2022/08/3-monkeypox-stocks-to-buy-as-biden-declares-public-health-emergency/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BVNRY":"Bavarian Nordic A/S","GOVX":"GeoVax Labs Inc","APDN":"Applied DNA Sciences Inc"},"source_url":"https://investorplace.com/2022/08/3-monkeypox-stocks-to-buy-as-biden-declares-public-health-emergency/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1102529925","content_text":"The White House is about to turn to vaccine producers to curb the spread of monkeypox. Here are the names to know.Bavarian Nordic(BVNRY): The industry leader among vaccine producers.GeoVax(GOVX): A U.S.-based company with an edge over its international competitors.Applied DNA Sciences(APDN): The company at the forefront of the monkeypox testing revolution.The White House has declared monkeypox a public health emergency. Within the last two weeks, California, New York and Illinois making the same declaration already, and many other states are sounding the alarm. With the Joe Biden administration finally issuing this decree, though, public health officials have more flexibility to take action. The Washington Post reports that a second declaration is also under consideration. Under it, public health officials could “expedite medical countermeasures, such as potential treatments and vaccines, without going through full-fledged federal reviews.” Details are still emerging but one thing is clear; the U.S. is about to see a new focus on monkeypox vaccines. This means an influx in demand for the companies that produce them. Investors are already assessing the best monkeypox stocks.The Covid-19 pandemic isn’t over but the U.S. is already entering a new vaccine boom. But the delayed vaccine rollout continues to raise questions.CNN reports that the U.S. delayed a large-scale vaccine order out of fear of the shots expiring before being administered. Federal agencies are exploring new ways to provide vaccines more efficiently, but the supply shortage poses challenges. For the U.S. government, the best chance at stopping the spread of the virus is to provide more vaccines. The White House knows it and it will work with vaccine makers to ensure that the rollout is expedited.Let’s take a look at the vaccine stocks that will benefit the most:Bavarian Nordic (BVNRY)As its name suggests, Bavarian Nordic (OTCMKTS:BVNRY) isn’t a U.S. company. But the Danish pharmaceutical producer has quickly emerged as a leader among monkeypox stocks. It became a household name very quickly when the U.S, and other countries, began placing large orders for vaccines. Bavarian Nordic produces JYNNEOS, a non-replicating vaccine that is one of the only two licensed monkeypox treatments in the U.S. Unless other treatments gain that type of federal approval soon, Bavarian Nordic will see significant demand from one of the world’s largest markets. But it has already benefited from rising global demand. In early June, the company secured a lucrative vaccine contract with Canada. More recently, it inked a deal to supply 350,000 JYNNEOS doses to an “undisclosed APAC [Asia-Pacific] country”Right now, the biggest hurdle for Bavarian Nordic will be meeting demand. But with the threat of monkeypox continuing to mount, the Dutch government may take action to help the company scale production. Bavarian Nordic has already carved out a niche for itself as the market leader among monkeypox stocks. It has spiked by more than 90% over the past six months and still has plenty of room to grow. The fact that it produces one of the only treatments with regulatory approval from U.S. agencies makes it a clear stock to buy for the monkeypox vaccine boom.GeoVax (GOVX)For investors seeking monkeypox stock at an even lower price, GeoVax(NASDAQ:GOVX) provides a tempting opportunity. This U.S.-based biotechnology firm recently fell on its Q2 earnings report but that doesn’t mean it won’t rise again. GOVX stock skyrocketed in June 2022 on growing monkeypox fears. When its CEO noted that GeoVax’s vaccines had “been validated and registered for [the] prevention of Monkeypox virus infection,” the stock quickly surged. Despite falling this week, shares are still up an impressive 344% for the month. AsInvestorPlacecontributor Chris MacDonald noted, “Should vaccine demand continue to remain high, there’s a significant potential market for GeoVax’s vaccines.”Given the speed at which cases are spreading, it’s not likely that the demand for monkeypox vaccines is going anywhere. That means that the potential market highlighted by MacDonald is only going to grow. As noted, Bavarian Nordic may be the industry leader among monkeypox stocks, but GeoVax has a clear edge. As a company based in the U.S., it will benefit from policies aimed at helping vaccine makers scale production. And since the Biden administration considers monkeypox to be a public health emergency, it has considerable incentive to help U.S. companies produce more vaccines in order to keep the virus from getting worse. With midterm elections quickly approaching, another public health crisis is the last thing Democrats need.Applied DNA Sciences (APDN)Vaccine markers aren’t the only ones who stand to benefit from the monkeypox outbreak. Applied DNA Sciences(NASDAQ:APDN) is a molecular technology firm that has become the undisputed leader in the field of monkeypox testing. The little-known stock turned heads this week as it began a truly impressive surge. As of this writing, it is poised to finish the week with gains of 800% for the past five days. “The testing announcement and subsequent rise of APDN stock are occurring amid growing concern of increasing monkeypox infections,” reportsInvestorPlacecontributor Josh Enomoto. “Therefore, robust testing mechanisms may allow government agencies to better control and manage this latest outbreak.”Applied DNA Sciences is on its way to becoming the Quest Diagnostics(NYSE:DGX) of the monkeypox boom. The Covid-19 breakout stock helped bring testing to the masses. Now Applied DNA Sciences is poised to do the same. Despite rising so much this week, it still trades at the low price of just over $6 per share. That’s a bargain when we consider how much further it can rise as monkeypox cases continue to spread. It should be on everyone’s list of monkeypox stocks to buy as the U.S. figures out its response to the virus.","news_type":1},"isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":122940035,"gmtCreate":1624594745827,"gmtModify":1703841293910,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"?","listText":"?","text":"?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/122940035","repostId":"1191246826","repostType":4,"repost":{"id":"1191246826","pubTimestamp":1624591505,"share":"https://ttm.financial/m/news/1191246826?lang=&edition=fundamental","pubTime":"2021-06-25 11:25","market":"us","language":"en","title":"Why A Comcast Buyout Of Roku Is Unlikely","url":"https://stock-news.laohu8.com/highlight/detail?id=1191246826","media":"Benzinga","summary":"A report this week from the Wall Street Journal suggested media giant Comcast Corporation(NASDAQ:CMC","content":"<p>A report this week from the Wall Street Journal suggested media giant&nbsp;<b>Comcast Corporation</b>(NASDAQ:CMCSA) could be looking to make an aggressive move into the streaming space.</p>\n<p>On Thursday, Bank of America analyst Jessica Reif Ehrlich said Comcast has a very strong set of assets and is well-positioned to attack the streaming market organically.</p>\n<p>“As such, we do not believe CMCSA is pressured to make an imminent acquisition, but rather it will approach any action diligently and strategically, with a focus on attractive value creation – in line with the company’s historically disciplined approach to M&amp;A,” Ehrlich wrote in a note.</p>\n<p><b>Potential Buyout Targets:</b>Specifically, she said a potential buyout of&nbsp;<b>Roku Inc</b>(NASDAQ:ROKU) doesn’t make sense given Roku’s hardware would add nothing to Comcast’s own Flex content and intellectual property.</p>\n<p>In addition, Ehrlich said Comcast recently reimplemented its buyback program, and she's projecting $3 billion in buybacks in 2021. She said the return of buybacks is an indication a major buyout is likely not imminent.</p>\n<p>Looking into the distant future, Ehrlich said Comcast may eventually look to supplement its content library and production capabilities via M&amp;A deals with&nbsp;<b>Discovery Communications</b>&nbsp;(NASDAQ:DISCA) or&nbsp;<b>ViacomCBS</b>(NASDAQ:VIAC), but any deal would need to come at an attractive valuation.</p>\n<p>For now, Ehrlich said Comcast’s cable business is growing at a healthy rate and the NBC Universal/Peacock combination makes Comcast the powerhouse in traditional media advertising in 2021.</p>\n<p>Bank of America has a Buy rating and $69 price target for Comcast.</p>\n<p><b>Benzinga’s Take:</b>Traditional cable TV may be dying a slow death, but Comcast is certainly not going down with the ship. Bank of America is projecting double-digit EPS growth and positive revenue growth for Comcast through at least 2023.</p>\n<p>Comcast shares fell Wednesday afternoon following the report. The stock trades around $55.83.</p>","source":"lsy1606299360108","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Why A Comcast Buyout Of Roku Is Unlikely</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\">\nWhy A Comcast Buyout Of Roku Is Unlikely\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 11:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21708437/why-a-comcast-buyout-of-roku-is-unlikely><strong>Benzinga</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>A report this week from the Wall Street Journal suggested media giant Comcast Corporation(NASDAQ:CMCSA) could be looking to make an aggressive move into the streaming space.\nOn Thursday, Bank of ...</p>\n\n<a href=\"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21708437/why-a-comcast-buyout-of-roku-is-unlikely\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"DISCA":"探索传播","CMCSA":"康卡斯特","ROKU":"Roku Inc"},"source_url":"https://www.benzinga.com/analyst-ratings/analyst-color/21/06/21708437/why-a-comcast-buyout-of-roku-is-unlikely","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1191246826","content_text":"A report this week from the Wall Street Journal suggested media giant Comcast Corporation(NASDAQ:CMCSA) could be looking to make an aggressive move into the streaming space.\nOn Thursday, Bank of America analyst Jessica Reif Ehrlich said Comcast has a very strong set of assets and is well-positioned to attack the streaming market organically.\n“As such, we do not believe CMCSA is pressured to make an imminent acquisition, but rather it will approach any action diligently and strategically, with a focus on attractive value creation – in line with the company’s historically disciplined approach to M&A,” Ehrlich wrote in a note.\nPotential Buyout Targets:Specifically, she said a potential buyout of Roku Inc(NASDAQ:ROKU) doesn’t make sense given Roku’s hardware would add nothing to Comcast’s own Flex content and intellectual property.\nIn addition, Ehrlich said Comcast recently reimplemented its buyback program, and she's projecting $3 billion in buybacks in 2021. She said the return of buybacks is an indication a major buyout is likely not imminent.\nLooking into the distant future, Ehrlich said Comcast may eventually look to supplement its content library and production capabilities via M&A deals with Discovery Communications (NASDAQ:DISCA) or ViacomCBS(NASDAQ:VIAC), but any deal would need to come at an attractive valuation.\nFor now, Ehrlich said Comcast’s cable business is growing at a healthy rate and the NBC Universal/Peacock combination makes Comcast the powerhouse in traditional media advertising in 2021.\nBank of America has a Buy rating and $69 price target for Comcast.\nBenzinga’s Take:Traditional cable TV may be dying a slow death, but Comcast is certainly not going down with the ship. Bank of America is projecting double-digit EPS growth and positive revenue growth for Comcast through at least 2023.\nComcast shares fell Wednesday afternoon following the report. The stock trades around $55.83.","news_type":1},"isVote":1,"tweetType":1,"viewCount":254,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9915344479,"gmtCreate":1664972152091,"gmtModify":1676537537356,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>👍👍👍👍👍","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>👍👍👍👍👍","text":"$Tesla Motors(TSLA)$👍👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9915344479","isVote":1,"tweetType":1,"viewCount":278,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9932708724,"gmtCreate":1662988218068,"gmtModify":1676537176659,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9932708724","repostId":"1173454771","repostType":4,"repost":{"id":"1173454771","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":1662986524,"share":"https://ttm.financial/m/news/1173454771?lang=&edition=fundamental","pubTime":"2022-09-12 20:42","market":"us","language":"en","title":"Nio, XPeng and Li Auto Jumped in Premarket Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1173454771","media":"Tiger Newspress","summary":"Nio, XPeng and Li Auto jumped in premarket trading as all of the three gained more than 2%.","content":"<html><head></head><body><p>Nio, XPeng and Li Auto jumped in premarket trading as all of the three gained more than 2%.<img src=\"https://community-static.tradeup.com/news/dd330e44fc2d364137b3c2d0da269bd2\" tg-width=\"442\" tg-height=\"183\" width=\"100%\" height=\"auto\"/></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>Nio, XPeng and Li Auto Jumped 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\">\nNio, XPeng and Li Auto Jumped 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\">2022-09-12 20:42</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Nio, XPeng and Li Auto jumped in premarket trading as all of the three gained more than 2%.<img src=\"https://community-static.tradeup.com/news/dd330e44fc2d364137b3c2d0da269bd2\" tg-width=\"442\" tg-height=\"183\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"XPEV":"小鹏汽车","LI":"理想汽车","NIO":"蔚来"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1173454771","content_text":"Nio, XPeng and Li Auto jumped in premarket trading as all of the three gained more than 2%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":90,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9903878358,"gmtCreate":1659011833974,"gmtModify":1676536243508,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9903878358","repostId":"2254323182","repostType":4,"repost":{"id":"2254323182","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and 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have led to the strongest summer travel season since the start of the pandemic, a boon for companies like Mastercard and <a href=\"https://laohu8.com/S/V\">Visa</a> Inc that can charge more for overseas transactions.</p><p>Mastercard said cross-border volumes jumped 58% on a local currency basis in the quarter.</p><p>While spending at card companies has stayed strong, worries that an economic slowdown was approaching have mounted in recent weeks after companies including Walmart Inc    pointed to a shift away from big-ticket items to groceries among consumers.</p><p>Mastercard shares gained 1.59% after posting financial results.<img src=\"https://static.tigerbbs.com/d37558173c03e3c65c4c6546aab52896\" tg-width=\"833\" tg-height=\"819\" 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>Mastercard Profit Jumps on Rebound in Cross-Border Spending</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{ 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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\">\nMastercard Profit Jumps on Rebound in Cross-Border Spending\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\">2022-07-28 20:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Mastercard Inc reported a jump in second-quarter profit on Thursday as a surge in cross-border spending sparked by this year&#39;s travel boom more than offset higher costs.</p><p>Profit for the three months ended June 30 was $2.3 billion, or $2.34 per share, compared with $2.1 billion, or $2.08 per share, a year earlier.</p><p>Bottled-up demand and the easing of COVID-19 curbs have led to the strongest summer travel season since the start of the pandemic, a boon for companies like Mastercard and <a href=\"https://laohu8.com/S/V\">Visa</a> Inc that can charge more for overseas transactions.</p><p>Mastercard said cross-border volumes jumped 58% on a local currency basis in the quarter.</p><p>While spending at card companies has stayed strong, worries that an economic slowdown was approaching have mounted in recent weeks after companies including Walmart Inc    pointed to a shift away from big-ticket items to groceries among consumers.</p><p>Mastercard shares gained 1.59% after posting financial results.<img src=\"https://static.tigerbbs.com/d37558173c03e3c65c4c6546aab52896\" tg-width=\"833\" tg-height=\"819\" referrerpolicy=\"no-referrer\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MA":"万事达"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2254323182","content_text":"Mastercard Inc reported a jump in second-quarter profit on Thursday as a surge in cross-border spending sparked by this year's travel boom more than offset higher costs.Profit for the three months ended June 30 was $2.3 billion, or $2.34 per share, compared with $2.1 billion, or $2.08 per share, a year earlier.Bottled-up demand and the easing of COVID-19 curbs have led to the strongest summer travel season since the start of the pandemic, a boon for companies like Mastercard and Visa Inc that can charge more for overseas transactions.Mastercard said cross-border volumes jumped 58% on a local currency basis in the quarter.While spending at card companies has stayed strong, worries that an economic slowdown was approaching have mounted in recent weeks after companies including Walmart Inc    pointed to a shift away from big-ticket items to groceries among consumers.Mastercard shares gained 1.59% after posting financial results.","news_type":1},"isVote":1,"tweetType":1,"viewCount":232,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9016884200,"gmtCreate":1649167236013,"gmtModify":1676534462178,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9016884200","repostId":"1154558214","repostType":4,"repost":{"id":"1154558214","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":1649165886,"share":"https://ttm.financial/m/news/1154558214?lang=&edition=fundamental","pubTime":"2022-04-05 21:38","market":"us","language":"en","title":"Hot Chinese ADRs Slipped in Morning Trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1154558214","media":"Tiger Newspress","summary":"Hot Chinese ADRs slipped in morning trading. Alibaba, Pinduoduo, JD.com, NetEase, Baidu, Bilibili, D","content":"<html><head></head><body><p>Hot Chinese ADRs slipped in morning trading. Alibaba, Pinduoduo, JD.com, NetEase, Baidu, Bilibili, DiDi, Ke Holdings, Nio, Xpeng and Li Auto fell between 1% and 6%.<img src=\"https://static.tigerbbs.com/39e9de68cf72824e5ab1b9e1035d4cf9\" tg-width=\"417\" tg-height=\"532\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/8ddcbd033b8545edcd852c796da3a7f8\" tg-width=\"423\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/a8282f2b9c02775e0d455cd90b49deb2\" tg-width=\"414\" tg-height=\"295\" width=\"100%\" height=\"auto\"/></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>Hot Chinese ADRs Slipped in Morning Trading</title>\n<style 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}\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\">\nHot Chinese ADRs Slipped 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\">2022-04-05 21:38</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs slipped in morning trading. Alibaba, Pinduoduo, JD.com, NetEase, Baidu, Bilibili, DiDi, Ke Holdings, Nio, Xpeng and Li Auto fell between 1% and 6%.<img src=\"https://static.tigerbbs.com/39e9de68cf72824e5ab1b9e1035d4cf9\" tg-width=\"417\" tg-height=\"532\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/8ddcbd033b8545edcd852c796da3a7f8\" tg-width=\"423\" tg-height=\"373\" width=\"100%\" height=\"auto\"/><img src=\"https://static.tigerbbs.com/a8282f2b9c02775e0d455cd90b49deb2\" tg-width=\"414\" tg-height=\"295\" width=\"100%\" height=\"auto\"/></p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BABA":"阿里巴巴","JD":"京东"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1154558214","content_text":"Hot Chinese ADRs slipped in morning trading. Alibaba, Pinduoduo, JD.com, NetEase, Baidu, Bilibili, DiDi, Ke Holdings, Nio, Xpeng and Li Auto fell between 1% and 6%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":78,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9090176729,"gmtCreate":1643129376362,"gmtModify":1676533776880,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9090176729","repostId":"2206328839","repostType":4,"repost":{"id":"2206328839","pubTimestamp":1643122334,"share":"https://ttm.financial/m/news/2206328839?lang=&edition=fundamental","pubTime":"2022-01-25 22:52","market":"us","language":"en","title":"Microsoft's Purchase of Activision Blizzard Isn't a \"Metaverse\" Play","url":"https://stock-news.laohu8.com/highlight/detail?id=2206328839","media":"Motley Fool","summary":"The tech giant is simplifying a complex takeover with a vague buzzword.","content":"<html><head></head><body><p><b>Microsoft</b> (NASDAQ:MSFT) recently agreed to buy <b>Activision Blizzard</b> (NASDAQ:ATVI) in a $68.7 billion all-cash deal. It marks Microsoft&#39;s biggest acquisition ever and would presumably widen its moat against <b>Sony</b> (NYSE:SONY) in the console gaming market.</p><p>In its press release, Microsoft declared the deal would also provide the &#34;building blocks for the metaverse,&#34; a claim which many media outlets parroted without any deeper elaboration. But if we look at the current state of the metaverse and Microsoft&#39;s position in that nascent market, we&#39;ll see that it&#39;s probably just using the term as a distracting buzzword.</p><h2>What is the metaverse?</h2><p>The metaverse, which has arguably become an overused buzzword over the past year, refers to the notion that the social barriers between the digital and physical worlds are being blurred by augmented, virtual, and mixed-reality devices and services. The popularity of the term, which was first coined in Neal Stephenson&#39;s 1992 novel <i>Snow Crash, </i>skyrocketed last year after Facebook rebranded itself as <b><a href=\"https://laohu8.com/S/FB\">Meta Platforms</a></b> (NASDAQ:FB) to emphasize its long-term focus on the metaverse market with virtual reality (VR) and augmented reality (AR) products.</p><p>However, critics will point out that the metaverse has existed for years within virtual worlds like <i>Second Life</i> and popular online multiplayer games like Activision Blizzard&#39;s <i>World of Warcraft</i>, Epic Games&#39; <i>Fortnite</i>, and Microsoft&#39;s own <i>Minecraft</i>. Meta&#39;s rebranding, which occurred as it faced a whistleblower scandal and the FTC&#39;s demands to break up the company, merely drew more of the public&#39;s attention to its own Oculus Quest headsets and Horizon Worlds platform for its VR users.</p><h2>What did Microsoft say about the metaverse?</h2><p>Before Microsoft announced the Activision deal, its metaverse plans primarily revolved around its HoloLens mixed-reality headset. It launched the developer version of the device nearly six years ago, but it still hasn&#39;t introduced a commercial version for mainstream users yet.</p><p>According to IDC, Microsoft has only shipped about 200,000 to 250,000 HoloLens headsets for developers to date, compared to Meta&#39;s estimated shipments of over 10 million Quest 2 headsets over the past year. <i>The Wall Street Journal</i> claims that Microsoft&#39;s HoloLens unit also recently lost about 100 of its 1,500 employees -- most of whom joined Meta instead.</p><p>Faced with these ongoing challenges, it made sense for Microsoft to change the narrative about its metaverse plans. Regarding the Activision Blizzard deal, CEO Satya Nadella declared that gaming &#34;will play a key role in the development of metaverse platforms&#34; but didn&#39;t elaborate on which franchises would evolve into those virtual worlds.</p><p>Microsoft also likely kept banging the metaverse drum to draw some attention away from all the problems it would inherit from Activision Blizzard -- including unresolved sexual harassment lawsuits, executive departures, employee protests and walkouts, a petition to fire CEO Bobby Kotick, the decelerating growth of its aging franchises, and delays for two of Blizzard&#39;s most eagerly anticipated sequels: <i>Diablo 4</i> and <i>Overwatch 2</i>.</p><h2>Forget the metaverse -- focus on Game Pass</h2><p>Microsoft&#39;s vague metaverse discussions obfuscate the real reasons it acquired Activision Blizzard: to expand its Game Pass service and counter Sony&#39;s library of exclusive PlayStation games.</p><p>The subscription-based Game Pass service, available on Xbox consoles and Windows PCs, grants players unlimited downloads and installations from a library of more than 100 games for $10 to $15 a month. <a href=\"https://laohu8.com/S/TWOA.U\">Two</a> tiers also include access to <b>Electronic Arts</b>&#39; (NASDAQ:EA) EA Play service, and the top Ultimate tier includes access to the new Xbox Cloud Gaming service. Microsoft currently serves over 25 million Game Pass subscribers.</p><p>Sony doesn&#39;t offer an all-you-can-download subscription service yet. Its closest competitor is the cloud-based PS Now platform, which remains a niche service with just over 3 million subscribers as of last March.</p><p>However, later this year, Sony will reportedly replace PS Now with Spartacus, its proper Game Pass competitor. As that competition intensifies, Microsoft and Sony will need to offer more first-party and exclusive games to attract more console buyers and subscribers.</p><p>Last year, Microsoft expanded its library of first-party games with its $7.5 billion purchase of ZeniMax Media, which owns <i>Doom</i>, <i>Fallout</i>, and <i>The Elder Scrolls</i> via its Bethesda subsidiary. By buying Activision Blizzard, it will gain additional blockbuster franchises like <i>Call of Duty</i>, <i>World of Warcraft</i>, <i>Hearthstone</i>, <i>Overwatch</i>, <i>Diablo</i>, and <i>Candy Crush</i>.</p><p>Microsoft will likely add Activision&#39;s older games to Game Pass, as it quickly did with Bethesda&#39;s games, then launch some of its future games as Xbox exclusives. That <a href=\"https://laohu8.com/S/AONE.U\">one</a>-two punch could cause headaches for Sony.</p><h2>Don&#39;t believe all the metaverse hype</h2><p>Microsoft&#39;s reasons for buying Activision Blizzard are simple: It needed more exclusive games to challenge Sony, and Activision&#39;s self-inflicted wounds and depressed valuations made it an easy takeover target.</p><p>Those strategies have very little to do with the metaverse. Instead, Microsoft is likely following Meta&#39;s lead and tapping the buzzword to steer the public&#39;s attention away from Activision&#39;s problems. Simply put, investors shouldn&#39;t blindly consider Microsoft&#39;s takeover of Activision a &#34;metaverse&#34; play yet.</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>Microsoft's Purchase of Activision Blizzard Isn't a \"Metaverse\" Play</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\">\nMicrosoft's Purchase of Activision Blizzard Isn't a \"Metaverse\" Play\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-01-25 22:52 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/01/25/microsoft-activision-blizzard-isnt-metaverse-play/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Microsoft (NASDAQ:MSFT) recently agreed to buy Activision Blizzard (NASDAQ:ATVI) in a $68.7 billion all-cash deal. It marks Microsoft's biggest acquisition ever and would presumably widen its moat ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/01/25/microsoft-activision-blizzard-isnt-metaverse-play/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","ATVI":"动视暴雪","BK4516":"特朗普概念","BK4528":"SaaS概念","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4567":"ESG概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4525":"远程办公概念","BK4535":"淡马锡持仓","BK4524":"宅经济概念","MSFT":"微软","BK4538":"云计算","BK4527":"明星科技股","BK4550":"红杉资本持仓","BK4503":"景林资产持仓","BK4504":"桥水持仓","BK4561":"索罗斯持仓","BK4097":"系统软件","BK4085":"互动家庭娱乐"},"source_url":"https://www.fool.com/investing/2022/01/25/microsoft-activision-blizzard-isnt-metaverse-play/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2206328839","content_text":"Microsoft (NASDAQ:MSFT) recently agreed to buy Activision Blizzard (NASDAQ:ATVI) in a $68.7 billion all-cash deal. It marks Microsoft's biggest acquisition ever and would presumably widen its moat against Sony (NYSE:SONY) in the console gaming market.In its press release, Microsoft declared the deal would also provide the \"building blocks for the metaverse,\" a claim which many media outlets parroted without any deeper elaboration. But if we look at the current state of the metaverse and Microsoft's position in that nascent market, we'll see that it's probably just using the term as a distracting buzzword.What is the metaverse?The metaverse, which has arguably become an overused buzzword over the past year, refers to the notion that the social barriers between the digital and physical worlds are being blurred by augmented, virtual, and mixed-reality devices and services. The popularity of the term, which was first coined in Neal Stephenson's 1992 novel Snow Crash, skyrocketed last year after Facebook rebranded itself as Meta Platforms (NASDAQ:FB) to emphasize its long-term focus on the metaverse market with virtual reality (VR) and augmented reality (AR) products.However, critics will point out that the metaverse has existed for years within virtual worlds like Second Life and popular online multiplayer games like Activision Blizzard's World of Warcraft, Epic Games' Fortnite, and Microsoft's own Minecraft. Meta's rebranding, which occurred as it faced a whistleblower scandal and the FTC's demands to break up the company, merely drew more of the public's attention to its own Oculus Quest headsets and Horizon Worlds platform for its VR users.What did Microsoft say about the metaverse?Before Microsoft announced the Activision deal, its metaverse plans primarily revolved around its HoloLens mixed-reality headset. It launched the developer version of the device nearly six years ago, but it still hasn't introduced a commercial version for mainstream users yet.According to IDC, Microsoft has only shipped about 200,000 to 250,000 HoloLens headsets for developers to date, compared to Meta's estimated shipments of over 10 million Quest 2 headsets over the past year. The Wall Street Journal claims that Microsoft's HoloLens unit also recently lost about 100 of its 1,500 employees -- most of whom joined Meta instead.Faced with these ongoing challenges, it made sense for Microsoft to change the narrative about its metaverse plans. Regarding the Activision Blizzard deal, CEO Satya Nadella declared that gaming \"will play a key role in the development of metaverse platforms\" but didn't elaborate on which franchises would evolve into those virtual worlds.Microsoft also likely kept banging the metaverse drum to draw some attention away from all the problems it would inherit from Activision Blizzard -- including unresolved sexual harassment lawsuits, executive departures, employee protests and walkouts, a petition to fire CEO Bobby Kotick, the decelerating growth of its aging franchises, and delays for two of Blizzard's most eagerly anticipated sequels: Diablo 4 and Overwatch 2.Forget the metaverse -- focus on Game PassMicrosoft's vague metaverse discussions obfuscate the real reasons it acquired Activision Blizzard: to expand its Game Pass service and counter Sony's library of exclusive PlayStation games.The subscription-based Game Pass service, available on Xbox consoles and Windows PCs, grants players unlimited downloads and installations from a library of more than 100 games for $10 to $15 a month. Two tiers also include access to Electronic Arts' (NASDAQ:EA) EA Play service, and the top Ultimate tier includes access to the new Xbox Cloud Gaming service. Microsoft currently serves over 25 million Game Pass subscribers.Sony doesn't offer an all-you-can-download subscription service yet. Its closest competitor is the cloud-based PS Now platform, which remains a niche service with just over 3 million subscribers as of last March.However, later this year, Sony will reportedly replace PS Now with Spartacus, its proper Game Pass competitor. As that competition intensifies, Microsoft and Sony will need to offer more first-party and exclusive games to attract more console buyers and subscribers.Last year, Microsoft expanded its library of first-party games with its $7.5 billion purchase of ZeniMax Media, which owns Doom, Fallout, and The Elder Scrolls via its Bethesda subsidiary. By buying Activision Blizzard, it will gain additional blockbuster franchises like Call of Duty, World of Warcraft, Hearthstone, Overwatch, Diablo, and Candy Crush.Microsoft will likely add Activision's older games to Game Pass, as it quickly did with Bethesda's games, then launch some of its future games as Xbox exclusives. That one-two punch could cause headaches for Sony.Don't believe all the metaverse hypeMicrosoft's reasons for buying Activision Blizzard are simple: It needed more exclusive games to challenge Sony, and Activision's self-inflicted wounds and depressed valuations made it an easy takeover target.Those strategies have very little to do with the metaverse. Instead, Microsoft is likely following Meta's lead and tapping the buzzword to steer the public's attention away from Activision's problems. Simply put, investors shouldn't blindly consider Microsoft's takeover of Activision a \"metaverse\" play yet.","news_type":1},"isVote":1,"tweetType":1,"viewCount":1272,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9958827299,"gmtCreate":1673696625611,"gmtModify":1676538875814,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👌！👌！👌！👌","listText":"👌！👌！👌！👌","text":"👌！👌！👌！👌","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9958827299","isVote":1,"tweetType":1,"viewCount":198,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9959107368,"gmtCreate":1672922784854,"gmtModify":1676538758229,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"Good👍👍👍👍👍👍","listText":"Good👍👍👍👍👍👍","text":"Good👍👍👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9959107368","isVote":1,"tweetType":1,"viewCount":101,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9912848300,"gmtCreate":1664805451400,"gmtModify":1676537511166,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>👍👍👍👍","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>👍👍👍👍","text":"$Tesla Motors(TSLA)$👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9912848300","isVote":1,"tweetType":1,"viewCount":104,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9938490731,"gmtCreate":1662645387824,"gmtModify":1676537108899,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍👍👍","listText":"👍👍👍","text":"👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938490731","repostId":"1198336790","repostType":4,"repost":{"id":"1198336790","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":1662644214,"share":"https://ttm.financial/m/news/1198336790?lang=&edition=fundamental","pubTime":"2022-09-08 21:36","market":"us","language":"en","title":"Rivian Jumped Over 7% in Morning Trading After Mercedes-Benz Vans and Rivian Moved to Partner on Electric Van Production","url":"https://stock-news.laohu8.com/highlight/detail?id=1198336790","media":"Tiger Newspress","summary":"Rivian jumped over 7% in morning trading after Mercedes-Benz Vans and Rivian moved to partner on ele","content":"<html><head></head><body><p>Rivian jumped over 7% in morning trading after Mercedes-Benz Vans and Rivian moved to partner on electric van production. <img src=\"https://static.tigerbbs.com/f1365cdb8196735ddcc06826eb267430\" tg-width=\"665\" tg-height=\"517\" width=\"100%\" height=\"auto\"/>Electric carmaker Rivian Automotive Inc. has signed a memorandum of understanding with a Mercedes-Benz Group AG unit to partner on the production of electric vans, the companies said Thursday.</p><p>The companies said they intend to establish a new joint venture manufacturing company to invest in and operate a factory in Europe to produce large electric vans for both Mercedes-Benz Vans and Rivian starting in a few years. The planned electric-only production facility would leverage an existing Mercedes site in Central or Eastern Europe, the companies said.</p><p>The collaboration is expected to lower costs for the two companies, allowing them to make the vans more affordable for commercial customers, the companies 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>Rivian Jumped Over 7% in Morning Trading After Mercedes-Benz Vans and Rivian Moved to Partner on Electric Van Production</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\">\nRivian Jumped Over 7% in Morning Trading After Mercedes-Benz Vans and Rivian Moved to Partner on Electric Van Production\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\">2022-09-08 21:36</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Rivian jumped over 7% in morning trading after Mercedes-Benz Vans and Rivian moved to partner on electric van production. <img src=\"https://static.tigerbbs.com/f1365cdb8196735ddcc06826eb267430\" tg-width=\"665\" tg-height=\"517\" width=\"100%\" height=\"auto\"/>Electric carmaker Rivian Automotive Inc. has signed a memorandum of understanding with a Mercedes-Benz Group AG unit to partner on the production of electric vans, the companies said Thursday.</p><p>The companies said they intend to establish a new joint venture manufacturing company to invest in and operate a factory in Europe to produce large electric vans for both Mercedes-Benz Vans and Rivian starting in a few years. The planned electric-only production facility would leverage an existing Mercedes site in Central or Eastern Europe, the companies said.</p><p>The collaboration is expected to lower costs for the two companies, allowing them to make the vans more affordable for commercial customers, the companies said.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"RIVN":"Rivian Automotive, Inc."},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1198336790","content_text":"Rivian jumped over 7% in morning trading after Mercedes-Benz Vans and Rivian moved to partner on electric van production. Electric carmaker Rivian Automotive Inc. has signed a memorandum of understanding with a Mercedes-Benz Group AG unit to partner on the production of electric vans, the companies said Thursday.The companies said they intend to establish a new joint venture manufacturing company to invest in and operate a factory in Europe to produce large electric vans for both Mercedes-Benz Vans and Rivian starting in a few years. The planned electric-only production facility would leverage an existing Mercedes site in Central or Eastern Europe, the companies said.The collaboration is expected to lower costs for the two companies, allowing them to make the vans more affordable for commercial customers, the companies said.","news_type":1},"isVote":1,"tweetType":1,"viewCount":191,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9931650685,"gmtCreate":1662454497748,"gmtModify":1676537063567,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>👍👍👍👍👍","listText":"<a href=\"https://ttm.financial/S/TSLA\">$Tesla Motors(TSLA)$</a><v-v data-views=\"1\"></v-v>👍👍👍👍👍","text":"$Tesla Motors(TSLA)$👍👍👍👍👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9931650685","isVote":1,"tweetType":1,"viewCount":82,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9905993131,"gmtCreate":1659789585226,"gmtModify":1703766553854,"author":{"id":"3564392929863426","authorId":"3564392929863426","name":"CloudLoo","avatar":"https://community-static.tradeup.com/news/bc15f9c1f1323fbf492a8ec703aef854","crmLevel":5,"crmLevelSwitch":1,"followedFlag":false,"authorIdStr":"3564392929863426","idStr":"3564392929863426"},"themes":[],"htmlText":"👍","listText":"👍","text":"👍","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9905993131","repostId":"1165908204","repostType":4,"repost":{"id":"1165908204","pubTimestamp":1659788153,"share":"https://ttm.financial/m/news/1165908204?lang=&edition=fundamental","pubTime":"2022-08-06 20:15","market":"us","language":"en","title":"Berkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain","url":"https://stock-news.laohu8.com/highlight/detail?id=1165908204","media":"Seeking Alpha","summary":"Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and","content":"<html><head></head><body><p>Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in the quarter, though, caused the company to record investment and derivative losses, resulting in a net loss for the quarter, almost all of which is unrealized.</p><p>The company scaled back its stock buybacks, buying ~$1.0B of common stock during the quarter vs. $3.2B it spent in Q1 and $6.9B in Q4 2021.</p><p>The Omaha-based company that Warren Buffett built held $105.4B of cash and short-term securities as of June 30, 2021, down only slightly from $106.3B at March 31.</p><p>Q2 operating earningsof $$9.28B vs. $7.04B in Q1 and $6.69B in Q2 2021.</p><p>The volatile markets during the quarter hit the company&#39;s investment portfolio. Berkshire (BRK.B) posted $53.0B in investment and derivative losses in the quarter vs. losses of $5.45B in the prior quarter and gains of $21.4B in the year-ago quarter. That results in a net loss of $43.8B vs. net earnings of $5.46B in Q1 and net earnings of $28.1B a year ago.</p><p>Fair value of the company&#39;s equity portfolio declined to $327.7B at June 30, 2022 vs. $390.5B at March 31. About 73% of aggregate fair value was concentrated in four companies — American Express (AXP) at $24.8B, Apple (AAPL) at $161.2B, Bank of America (BAC) at $46.0B, and Coca-Cola (KO) at $23.7B. Chevron (CVX) dropped out of one of its four top equity investments since Q1.</p><p>Total revenue of $76.2B slipped from $78.8B in the prior quarter and climbed from $69.1B a year earlier.</p><p>Insurance float was ~$147B at June 30, vs. $148B at March 31.</p><p>For the corporation overall, pandemic lockdowns in various parts of the world and the Russia-Ukraine conflict means supply chain disruptions and inflationary pressures persisted during the quarter.</p><p>In its GEICO insurance unit, underwriting earnings declined due to increased claims frequencies and severities and lower reductions of ultimate claim estimates for prior years&#39; losses. Reinsurance underwriting earnings increased, reflecting foreign currency exchange rate gains. Insurance investment income rose Y/Y on increased dividend income and higher interest rates.</p><p>Railroad after-tax earnings rose 9.8% Y/Y reflecting higher revenue per car/unit, partly offset by lower overall freight volumes and higher fuel costs.</p><p>In its utility and energy operations, earnings rose 3.5% Y/Y from tax equity investments and from the natural gas pipeline and Northern Powergrid business, partly offset by lower earnings from U.S. regulated utilities and the real estate brokerage businesses.</p><p>Manufacturing, service, and retailing earnings gained 8.2% Y/Y, but results were mixed among businesses. &#34;While customer demand for products and services was relatively good in the first six months of 2022, we continue to experience the negative effects of higher materials, freight, labor and other input costs,&#34; the company said in its 10-Qfiling.</p><p>Operating earnings by segment vs. prior quarter and a year ago:</p><ul><li>Insurance underwriting — $581M vs. $47M in Q1 and $376M in Q2 2021.</li><li>Insurance - investment income — $1.91B vs. $1.17B and $1.22B</li><li>Railroad — $1.66B vs. $1.37B and $1.52B</li><li>Utilities and energy — $766M vs. $750M and $740M</li><li>Manufacturing, service and retailing — $3.25B vs. $3.03B and $3.00B</li><li>Other — $1.12Bvs. $677M and -$169M</li></ul></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>Berkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain</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\">\nBerkshire Hathaway Scales Back Share Repurchases to $1.0B, Operating Earnings Gain\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-08-06 20:15 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in...</p>\n\n<a href=\"https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BRK.A":"伯克希尔","BRK.B":"伯克希尔B"},"source_url":"https://seekingalpha.com/news/3868521-berkshire-hathaway-q2-earnings","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1165908204","content_text":"Berkshire Hathaway (NYSE:BRK.B) (BRK.B) Q2 operating earnings rose 32% from the previous quarter and 39% from a year ago, on strength from all its major operating divisions. Slumping equity markets in the quarter, though, caused the company to record investment and derivative losses, resulting in a net loss for the quarter, almost all of which is unrealized.The company scaled back its stock buybacks, buying ~$1.0B of common stock during the quarter vs. $3.2B it spent in Q1 and $6.9B in Q4 2021.The Omaha-based company that Warren Buffett built held $105.4B of cash and short-term securities as of June 30, 2021, down only slightly from $106.3B at March 31.Q2 operating earningsof $$9.28B vs. $7.04B in Q1 and $6.69B in Q2 2021.The volatile markets during the quarter hit the company's investment portfolio. Berkshire (BRK.B) posted $53.0B in investment and derivative losses in the quarter vs. losses of $5.45B in the prior quarter and gains of $21.4B in the year-ago quarter. That results in a net loss of $43.8B vs. net earnings of $5.46B in Q1 and net earnings of $28.1B a year ago.Fair value of the company's equity portfolio declined to $327.7B at June 30, 2022 vs. $390.5B at March 31. About 73% of aggregate fair value was concentrated in four companies — American Express (AXP) at $24.8B, Apple (AAPL) at $161.2B, Bank of America (BAC) at $46.0B, and Coca-Cola (KO) at $23.7B. Chevron (CVX) dropped out of one of its four top equity investments since Q1.Total revenue of $76.2B slipped from $78.8B in the prior quarter and climbed from $69.1B a year earlier.Insurance float was ~$147B at June 30, vs. $148B at March 31.For the corporation overall, pandemic lockdowns in various parts of the world and the Russia-Ukraine conflict means supply chain disruptions and inflationary pressures persisted during the quarter.In its GEICO insurance unit, underwriting earnings declined due to increased claims frequencies and severities and lower reductions of ultimate claim estimates for prior years' losses. Reinsurance underwriting earnings increased, reflecting foreign currency exchange rate gains. Insurance investment income rose Y/Y on increased dividend income and higher interest rates.Railroad after-tax earnings rose 9.8% Y/Y reflecting higher revenue per car/unit, partly offset by lower overall freight volumes and higher fuel costs.In its utility and energy operations, earnings rose 3.5% Y/Y from tax equity investments and from the natural gas pipeline and Northern Powergrid business, partly offset by lower earnings from U.S. regulated utilities and the real estate brokerage businesses.Manufacturing, service, and retailing earnings gained 8.2% Y/Y, but results were mixed among businesses. \"While customer demand for products and services was relatively good in the first six months of 2022, we continue to experience the negative effects of higher materials, freight, labor and other input costs,\" the company said in its 10-Qfiling.Operating earnings by segment vs. prior quarter and a year ago:Insurance underwriting — $581M vs. $47M in Q1 and $376M in Q2 2021.Insurance - investment income — $1.91B vs. $1.17B and $1.22BRailroad — $1.66B vs. $1.37B and $1.52BUtilities and energy — $766M vs. $750M and $740MManufacturing, service and retailing — $3.25B vs. $3.03B and $3.00BOther — $1.12Bvs. $677M and -$169M","news_type":1},"isVote":1,"tweetType":1,"viewCount":136,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}