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11-23

$GraniteShares 2x Long NVDA Daily ETF(NVDL)$ #huatwithtiger #huatwithnvdl My favourite ticker to trade in 2024.

02-10

we roar with all traders !

2023-04-12

insurance policy

@Optionspuppy:$Prudential(PRU)$ Prudential (NYSE: PRU) is a multinational financial services company that provides a range of products and services including life insurance, annuities, retirement-related services, mutual funds, investment management, and real estate services. The company has a strong financial position with consistent revenue growth and profitability. Additionally, Prudential has a diversified business model and a global presence, which mitigates risks from any potential economic downturns in specific markets. Furthermore, Prudential has a solid dividend payout history, providing investors with a reliable source of income. Overall, with a strong financial position, diversified business model, and global presence, Prudential is a great stoc

2023-04-09

pitiful and the outstanding

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2022-12-19

feet hurt

@ClarenceNehemiah:$MARA $Marathon Digital Holdings Inc(MARA)$ UpdateDownside risk 15 800However …. I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? No I’m not sure it is ….but I do see a bounce higher firstLow 15 800 support20K likely retest before making any new lowsTimeframe 2 to 4 weeks For Mara I do think they survive this if you can hold until 2025

2022-11-19

Rexporters

Top Calls on Wall Street: Amazon, HP, DraftKings, Applied Materials and More

2022-09-19

Trade

@TigerPM:TigerTrade 8.0.4: New Features you should know

2022-09-19

Bested

2022-09-11

gogogo

@zinglee:1 High-Conviction Growth Stock Down Over 46% to Buy Now

2022-08-27

Space travl

U.S. Court Upholds SpaceX Satellite Deployment Plan

2022-07-31

Sad case

Hot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%

2022-06-27

Yes good idea

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2021-09-22

temporary setback. not to worry.

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2021-09-08

30% roi in 1 year is too low for some traders who want 100% roi.

Wall Street sees as much as 56% upside for its 20 favorite stocks

2021-09-07

the boss of SEA is the wealthiest person in singapore

Sea reached record high in pre-market trading

2021-08-22

Elon, pls make some good commentd so the tesla stock price will shoot up again.

Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla

2021-08-19

wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&P 500 by so much :(

Why Tesla Stock Is Up Sharply on Wednesday

2021-08-14

must invest in this sector. may profit a few 100% in 5 years

Where Will Virgin Galactic Stock Be In 10 Years?

2021-08-14

i buy $100 for many monster stocks, hopefully in 10 yr , some of them will give me monster profits.

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2021-08-13

no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.

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Go to Tiger App to see more news

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I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? No I’m not sure it is ….but I do see a bounce higher firstLow 15 800 support20K likely retest before making any new lowsTimeframe 2 to 4 weeks For Mara I do think they survive this if you can hold until 2025","listText":"$MARA <a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> UpdateDownside risk 15 800However …. I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? No I’m not sure it is ….but I do see a bounce higher firstLow 15 800 support20K likely retest before making any new lowsTimeframe 2 to 4 weeks For Mara I do think they survive this if you can hold until 2025","text":"$MARA $Marathon Digital Holdings Inc(MARA)$ UpdateDownside risk 15 800However …. I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? 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The company has &#34;significantly invested in its transformational consumer-centric healthcare strategy,&#34; the centerpiece of which is the launch of Walgreens Healthcare, Gill tells investors.</li><li>Summit Insights analyst Kinngai Chan upgraded <b>Applied Materials</b>(AMAT) to Buy from Hold post the October quarter results. The analyst now believes the 2023 wafer dab spending cuts are priced into the stock.</li><li>Gordon Haskett analyst Chuck Grom upgraded <b>Ross Stores</b>(ROST) to Buy from Hold with a $130 price target. He had turned incrementally more positive on the off-price retail space last week when he&#39;d upgraded TJX (TJX) to Buy, but the results from Ross and across the space with over 10 companies under coverage reporting Q3 results this week lead him to see more &#34;evidence&#34; that middle-income shoppers would begin to trade down into the off-price space.</li><li>Guggenheim analyst Shahriar Pourreza upgraded <b>Pinnacle West</b>(PNW) to Neutral from Sell with a price target of $70, up from $54. The regulatory construct in Arizona has improved following the election loss of Commissioner Sandra Kennedy and the victories of two Republican commissioners, Pourreza tells investors.</li><li>Northcoast analyst Jim Sanderson upgraded <b>Domino&#39;s Pizza</b>(DPZ) to Buy from Neutral with a $460 price target.</li></ul><h2><b>Top 5 Downgrades:</b></h2><ul><li>Credit Suisse analyst Shannon Cross downgraded <b>HP Inc.</b>(HPQ) to Neutral from Outperform with an unchanged price target of $33. The analyst believes the company&#39;s revenue and margins will be &#34;challenged near term&#34; by weakening consumer sentiment, pressure on selling prices as a result of lower demand and better supply, slower enterprise demand near term for PCs and printing as IT budgets prioritize hybrid cloud, security and software solutions, and macroeconomic uncertainty.</li><li>Oppenheimer analyst Jay Olson downgraded <b>Editas Medicine</b>(EDIT) to Perform from Outperform with a price target of $12, down from $28. The downgrade follows the announcement that the Phase 1/2 BRILLIANCE trial of EDIT-101 for Leber congenital amaurosis 10 is pausing enrollment following preliminary efficacy data that showed only three of the 14 patients met the responder threshold of clinically meaningful improvement in best corrected visual acuity, Olson tells investors in a research note. Credit Suisse analyst Tiago Fauth also downgraded Editas Medicine to Neutral from Outperform with a price target of $13, down from $25, after removing the contribution from EDIT-101 and other ocular indications from his model following the company&#39;s update from the BRILLIANCE trial.</li><li>Morgan Stanley analyst Lauren Schenk downgraded <b>Rent The Runway</b>(RENT) to Equal Weight from Overweight with a price target of $2.50, down from $10. Recent web traffic data suggests a &#34;meaningful October slowdown&#34; and a Q3 subscriber miss after an encouraging September, Schenk tells investors in a research note.</li><li>Wedbush analyst Seth Basham downgraded <b>RH</b>(RH) to Neutral from Outperform with a price target of $270, down from $274. RH has been steadfast in protecting its brand without discounting, but this has contributed to mounting market share losses, Basham tells investors in a research note.</li><li>Erste Group analyst Hans Engel downgraded <b>Amazon.com</b>(AMZN) to Hold from Buy. The &#34;outlook for earnings development has deteriorated in recent weeks,&#34; Engel tells investors.</li></ul><h2><b>Top 5 Initiations:</b></h2><ul><li>Piper Sandler analyst Matt Farrell initiated coverage of <b>DraftKings</b>(DKNG) with an Overweight rating and $21 price target. DraftKings is a leader in the online sports betting market with a growing presence in internet gaming, which combined represent an $80B total addressable market between the United States and Canada, Farrell tells investors in a research note.</li><li>Credit Suisse analyst Trung Huynh initiated coverage of <b>Merck</b>(MRK) with an Outperform rating and $120 price target, calling it one of his two top ideas based on a relative basis among the U.S. large-cap biopharma peer group. He sees Merck having &#34;low-risk and high short-term growth&#34; as he sees Keytruda growing at over 20% year-over-year, giving the company &#34;ample time&#34; to fill its loss-of-exclusivity cliff by end-2028.</li><li>Raymond James analyst Andrew Cooper initiated coverage of <b>Fulgent Genetics</b>(FLGT) with an Outperform rating and $45 price target. The company capitalized on COVID-19 testing capabilities and has now deployed part of its &#34;substantial cash hoard&#34; to emerge from the pandemic with the full breadth of oncology testing capabilities, Cooper tells investors in a research note.</li><li>BofA analyst Jason Zemansky initiated coverage of <b>Insmed</b>(INSM) with a Buy rating and $39 price target. The company&#39;s differentiated pipeline and strong underlying fundamentals place it apart from its peers, presenting a &#34;compelling&#34; risk-reward, the analyst tells investors in a research note.</li><li>Morgan Stanley analyst Alex Straton assumed coverage of <b>Ross Stores</b> with an Overweight rating with a price target of $127, up from $119, following the company&#39;s Q3 report. The magnitude of the Q3 beat &#34;surprised to the upside&#34; and revenue re-acceleration &#34;makes for a compelling set-up&#34; into Q4 and 2023, said Straton, who thinks &#34;things only get better from here.&#34;</li></ul></body></html>","source":"lsy1649979459173","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>Top Calls on Wall Street: Amazon, HP, DraftKings, Applied Materials and More</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\">\nTop Calls on Wall Street: Amazon, HP, DraftKings, Applied Materials and More\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-11-18 23:01 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://thefly.com/landingPageNews.php?id=3621141&headline=HPQ;DKNG;EDIT;RENT;MRK;RH;FLGT;WBA;AMAT;ROST;TJX;PNW;DPZ;AMZN;INSM-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations><strong>The Fly</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Top 5 Upgrades:JPMorgan analyst Lisa Gill upgraded Walgreens Boots Alliance(WBA) to Overweight from Neutral with a $42 price target. The company has \"significantly invested in its transformational ...</p>\n\n<a href=\"https://thefly.com/landingPageNews.php?id=3621141&headline=HPQ;DKNG;EDIT;RENT;MRK;RH;FLGT;WBA;AMAT;ROST;TJX;PNW;DPZ;AMZN;INSM-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"HPQ":"惠普","DKNG":"DraftKings Inc.","AMZN":"亚马逊","AMAT":"应用材料"},"source_url":"https://thefly.com/landingPageNews.php?id=3621141&headline=HPQ;DKNG;EDIT;RENT;MRK;RH;FLGT;WBA;AMAT;ROST;TJX;PNW;DPZ;AMZN;INSM-Street-Wrap-Todays-Top--Upgrades-Downgrades-Initiations","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1180793927","content_text":"Top 5 Upgrades:JPMorgan analyst Lisa Gill upgraded Walgreens Boots Alliance(WBA) to Overweight from Neutral with a $42 price target. The company has \"significantly invested in its transformational consumer-centric healthcare strategy,\" the centerpiece of which is the launch of Walgreens Healthcare, Gill tells investors.Summit Insights analyst Kinngai Chan upgraded Applied Materials(AMAT) to Buy from Hold post the October quarter results. The analyst now believes the 2023 wafer dab spending cuts are priced into the stock.Gordon Haskett analyst Chuck Grom upgraded Ross Stores(ROST) to Buy from Hold with a $130 price target. He had turned incrementally more positive on the off-price retail space last week when he'd upgraded TJX (TJX) to Buy, but the results from Ross and across the space with over 10 companies under coverage reporting Q3 results this week lead him to see more \"evidence\" that middle-income shoppers would begin to trade down into the off-price space.Guggenheim analyst Shahriar Pourreza upgraded Pinnacle West(PNW) to Neutral from Sell with a price target of $70, up from $54. The regulatory construct in Arizona has improved following the election loss of Commissioner Sandra Kennedy and the victories of two Republican commissioners, Pourreza tells investors.Northcoast analyst Jim Sanderson upgraded Domino's Pizza(DPZ) to Buy from Neutral with a $460 price target.Top 5 Downgrades:Credit Suisse analyst Shannon Cross downgraded HP Inc.(HPQ) to Neutral from Outperform with an unchanged price target of $33. The analyst believes the company's revenue and margins will be \"challenged near term\" by weakening consumer sentiment, pressure on selling prices as a result of lower demand and better supply, slower enterprise demand near term for PCs and printing as IT budgets prioritize hybrid cloud, security and software solutions, and macroeconomic uncertainty.Oppenheimer analyst Jay Olson downgraded Editas Medicine(EDIT) to Perform from Outperform with a price target of $12, down from $28. The downgrade follows the announcement that the Phase 1/2 BRILLIANCE trial of EDIT-101 for Leber congenital amaurosis 10 is pausing enrollment following preliminary efficacy data that showed only three of the 14 patients met the responder threshold of clinically meaningful improvement in best corrected visual acuity, Olson tells investors in a research note. Credit Suisse analyst Tiago Fauth also downgraded Editas Medicine to Neutral from Outperform with a price target of $13, down from $25, after removing the contribution from EDIT-101 and other ocular indications from his model following the company's update from the BRILLIANCE trial.Morgan Stanley analyst Lauren Schenk downgraded Rent The Runway(RENT) to Equal Weight from Overweight with a price target of $2.50, down from $10. Recent web traffic data suggests a \"meaningful October slowdown\" and a Q3 subscriber miss after an encouraging September, Schenk tells investors in a research note.Wedbush analyst Seth Basham downgraded RH(RH) to Neutral from Outperform with a price target of $270, down from $274. RH has been steadfast in protecting its brand without discounting, but this has contributed to mounting market share losses, Basham tells investors in a research note.Erste Group analyst Hans Engel downgraded Amazon.com(AMZN) to Hold from Buy. The \"outlook for earnings development has deteriorated in recent weeks,\" Engel tells investors.Top 5 Initiations:Piper Sandler analyst Matt Farrell initiated coverage of DraftKings(DKNG) with an Overweight rating and $21 price target. DraftKings is a leader in the online sports betting market with a growing presence in internet gaming, which combined represent an $80B total addressable market between the United States and Canada, Farrell tells investors in a research note.Credit Suisse analyst Trung Huynh initiated coverage of Merck(MRK) with an Outperform rating and $120 price target, calling it one of his two top ideas based on a relative basis among the U.S. large-cap biopharma peer group. He sees Merck having \"low-risk and high short-term growth\" as he sees Keytruda growing at over 20% year-over-year, giving the company \"ample time\" to fill its loss-of-exclusivity cliff by end-2028.Raymond James analyst Andrew Cooper initiated coverage of Fulgent Genetics(FLGT) with an Outperform rating and $45 price target. The company capitalized on COVID-19 testing capabilities and has now deployed part of its \"substantial cash hoard\" to emerge from the pandemic with the full breadth of oncology testing capabilities, Cooper tells investors in a research note.BofA analyst Jason Zemansky initiated coverage of Insmed(INSM) with a Buy rating and $39 price target. The company's differentiated pipeline and strong underlying fundamentals place it apart from its peers, presenting a \"compelling\" risk-reward, the analyst tells investors in a research note.Morgan Stanley analyst Alex Straton assumed coverage of Ross Stores with an Overweight rating with a price target of $127, up from $119, following the company's Q3 report. The magnitude of the Q3 beat \"surprised to the upside\" and revenue re-acceleration \"makes for a compelling set-up\" into Q4 and 2023, said Straton, who thinks \"things only get better from here.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910844001,"gmtCreate":1663601639203,"gmtModify":1676537299528,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Trade&nbsp;","listText":"Trade&nbsp;","text":"Trade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910844001","repostId":"9937037882","repostType":1,"repost":{"id":9937037882,"gmtCreate":1663318317646,"gmtModify":1676537251440,"author":{"id":"3527667588142897","authorId":"3527667588142897","name":"TigerPM","avatar":"https://static.tigerbbs.com/a6704bebf28358e0d9c638e765403bd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667588142897","authorIdStr":"3527667588142897"},"themes":[],"title":"TigerTrade 8.0.4: New Features you should know","htmlText":"What's New [Hot] Customized Pro/Lite settings for Symbol/Order Page[Upgrade] Quote Tab supports customized market segments[Upgrade] Symbol page supports more Pro/Lite modules[Upgrade] Fund cash dividend and Fund position page optimization Features Introduction 1.Customizable Pro/Lite settings for Symbol Page and Order PageIn this version, the \"Pro\" and \"Lite\" interface options were added for Symbol Page and Order Page. The Lite interface provides you with only the most critical information and most frequently used functions in the trading process, making the process more efficient and convenient. The Pro interface provides you with richer market information and more advanced trading features for experienced users. You can always switch back to your preferred interface in Profile-Settings-P","listText":"What's New [Hot] Customized Pro/Lite settings for Symbol/Order Page[Upgrade] Quote Tab supports customized market segments[Upgrade] Symbol page supports more Pro/Lite modules[Upgrade] Fund cash dividend and Fund position page optimization Features Introduction 1.Customizable Pro/Lite settings for Symbol Page and Order PageIn this version, the \"Pro\" and \"Lite\" interface options were added for Symbol Page and Order Page. The Lite interface provides you with only the most critical information and most frequently used functions in the trading process, making the process more efficient and convenient. The Pro interface provides you with richer market information and more advanced trading features for experienced users. You can always switch back to your preferred interface in Profile-Settings-P","text":"What's New [Hot] Customized Pro/Lite settings for Symbol/Order Page[Upgrade] Quote Tab supports customized market segments[Upgrade] Symbol page supports more Pro/Lite modules[Upgrade] Fund cash dividend and Fund position page optimization Features Introduction 1.Customizable Pro/Lite settings for Symbol Page and Order PageIn this version, the \"Pro\" and \"Lite\" interface options were added for Symbol Page and Order Page. The Lite interface provides you with only the most critical information and most frequently used functions in the trading process, making the process more efficient and convenient. The Pro interface provides you with richer market information and more advanced trading features for experienced users. You can always switch back to your preferred interface in Profile-Settings-P","images":[{"img":"https://community-static.tradeup.com/news/31ea0ba52838d25a47ff3aa08c1476b0","width":"632","height":"1369"},{"img":"https://community-static.tradeup.com/news/ec31903dd07defbd0747dc737c9b7bb0","width":"632","height":"1368"},{"img":"https://community-static.tradeup.com/news/1dae2755d6555480e78e0f213fc098fe","width":"632","height":"1368"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937037882","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910845635,"gmtCreate":1663601579327,"gmtModify":1676537299513,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Bested&nbsp;","listText":"Bested&nbsp;","text":"Bested","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910845635","isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936720681,"gmtCreate":1662832740544,"gmtModify":1676537147655,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"gogogo","listText":"gogogo","text":"gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936720681","repostId":"9938778202","repostType":1,"repost":{"id":9938778202,"gmtCreate":1662680984806,"gmtModify":1676537115036,"author":{"id":"9000000000000340","authorId":"9000000000000340","name":"zinglee","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000340","authorIdStr":"9000000000000340"},"themes":[],"title":"1 High-Conviction Growth Stock Down Over 46% to Buy Now","htmlText":"This digital advertising company is in the right place at the right time.This year it seems like shares ofThe Trade Desk(TTD3.55%)just can't catch a break. In August, the digital advertising company announced second-quarter earnings results that made the stock market cheer, but the enthusiasm didn't last.Now, shares of The Trade Desk are down more than 20% from their summer peak and 46% from the all-time high they reached last year.The Trade Desk stock may be down, but winds of change are blowing its underlying business in the right direction. Here's why you can confidently buy this stock now and hold it for the long run.Sorry, GoogleGoogle is still adigital advertisingbehemoth, but big spenders are increasingly likely to seek out The Trade Desk.Google is falling out of favor, because as a","listText":"This digital advertising company is in the right place at the right time.This year it seems like shares ofThe Trade Desk(TTD3.55%)just can't catch a break. In August, the digital advertising company announced second-quarter earnings results that made the stock market cheer, but the enthusiasm didn't last.Now, shares of The Trade Desk are down more than 20% from their summer peak and 46% from the all-time high they reached last year.The Trade Desk stock may be down, but winds of change are blowing its underlying business in the right direction. Here's why you can confidently buy this stock now and hold it for the long run.Sorry, GoogleGoogle is still adigital advertisingbehemoth, but big spenders are increasingly likely to seek out The Trade Desk.Google is falling out of favor, because as a","text":"This digital advertising company is in the right place at the right time.This year it seems like shares ofThe Trade Desk(TTD3.55%)just can't catch a break. In August, the digital advertising company announced second-quarter earnings results that made the stock market cheer, but the enthusiasm didn't last.Now, shares of The Trade Desk are down more than 20% from their summer peak and 46% from the all-time high they reached last year.The Trade Desk stock may be down, but winds of change are blowing its underlying business in the right direction. Here's why you can confidently buy this stock now and hold it for the long run.Sorry, GoogleGoogle is still adigital advertisingbehemoth, but big spenders are increasingly likely to seek out The Trade Desk.Google is falling out of favor, because as a","images":[{"img":"https://community-static.tradeup.com/news/e071791832dad67336ad8d8e9dbcf649","width":"700","height":"467"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938778202","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994018822,"gmtCreate":1661529925568,"gmtModify":1676536536371,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Space travl","listText":"Space travl","text":"Space travl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994018822","repostId":"1186232315","repostType":4,"repost":{"id":"1186232315","kind":"news","weMediaInfo":{"introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"media_name":"Reuters","id":"1036604489","head_image":"https://static.tigerbbs.com/443ce19704621c837795676028cec868"},"pubTimestamp":1661527328,"share":"https://ttm.financial/m/news/1186232315?lang=&edition=fundamental","pubTime":"2022-08-26 23:22","market":"us","language":"en","title":"U.S. Court Upholds SpaceX Satellite Deployment Plan","url":"https://stock-news.laohu8.com/highlight/detail?id=1186232315","media":"Reuters","summary":"WASHINGTON, Aug 26 (Reuters) - A U.S. appeals court on Friday upheld the decision of the Federal Com","content":"<html><head></head><body><p>WASHINGTON, Aug 26 (Reuters) - A U.S. appeals court on Friday upheld the decision of the Federal Communications Commission (FCC) to approve a SpaceX plan to deploy some Starlink satellites at a lower earth orbit than planned as part of its push to offer space-based broadband internet.</p><p>Elon Musk&#39;s SpaceX won FCC approval in 2021 to fly 2,824 satellites at a lower orbit as part of the plan to provide high-speed broadband internet services to people who currently lack access. Competitors Viasat Inc and DISH Network Corp challenged the FCC approval.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>U.S. Court Upholds SpaceX Satellite Deployment Plan</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nU.S. Court Upholds SpaceX Satellite Deployment Plan\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\">2022-08-26 23:22</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>WASHINGTON, Aug 26 (Reuters) - A U.S. appeals court on Friday upheld the decision of the Federal Communications Commission (FCC) to approve a SpaceX plan to deploy some Starlink satellites at a lower earth orbit than planned as part of its push to offer space-based broadband internet.</p><p>Elon Musk&#39;s SpaceX won FCC approval in 2021 to fly 2,824 satellites at a lower orbit as part of the plan to provide high-speed broadband internet services to people who currently lack access. Competitors Viasat Inc and DISH Network Corp challenged the FCC approval.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1186232315","content_text":"WASHINGTON, Aug 26 (Reuters) - A U.S. appeals court on Friday upheld the decision of the Federal Communications Commission (FCC) to approve a SpaceX plan to deploy some Starlink satellites at a lower earth orbit than planned as part of its push to offer space-based broadband internet.Elon Musk's SpaceX won FCC approval in 2021 to fly 2,824 satellites at a lower orbit as part of the plan to provide high-speed broadband internet services to people who currently lack access. Competitors Viasat Inc and DISH Network Corp challenged the FCC approval.","news_type":1},"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908002975,"gmtCreate":1659282918197,"gmtModify":1676536280867,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Sad case","listText":"Sad case","text":"Sad case","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908002975","repostId":"1139103237","repostType":4,"repost":{"id":"1139103237","kind":"news","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":1659102890,"share":"https://ttm.financial/m/news/1139103237?lang=&edition=fundamental","pubTime":"2022-07-29 21:54","market":"us","language":"en","title":"Hot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1139103237","media":"Tiger Newspress","summary":"Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.","content":"<html><head></head><body><p>Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.<img src=\"https://static.tigerbbs.com/e2bfd11edf891b52f17f36d22a8e2b06\" tg-width=\"253\" tg-height=\"432\" 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 Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%</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\">\nHot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-29 21:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.<img src=\"https://static.tigerbbs.com/e2bfd11edf891b52f17f36d22a8e2b06\" tg-width=\"253\" tg-height=\"432\" 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","BILI":"哔哩哔哩"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139103237","content_text":"Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048727348,"gmtCreate":1656269829384,"gmtModify":1676535794517,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Yes good idea","listText":"Yes good idea","text":"Yes good idea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048727348","repostId":"1134361631","repostType":2,"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869510390,"gmtCreate":1632302068910,"gmtModify":1676530747147,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"temporary setback. not to worry.","listText":"temporary setback. not to worry.","text":"temporary setback. not to worry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869510390","repostId":"2169655087","repostType":4,"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880822137,"gmtCreate":1631035689729,"gmtModify":1676530449726,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"30% roi in 1 year is too low for some traders who want 100% roi.","listText":"30% roi in 1 year is too low for some traders who want 100% roi.","text":"30% roi in 1 year is too low for some traders who want 100% roi.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880822137","repostId":"2165849354","repostType":4,"repost":{"id":"2165849354","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1631027520,"share":"https://ttm.financial/m/news/2165849354?lang=&edition=fundamental","pubTime":"2021-09-07 23:12","market":"us","language":"en","title":"Wall Street sees as much as 56% upside for its 20 favorite stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=2165849354","media":"Dow Jones","summary":"Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n\nAs the s","content":"<blockquote>\n Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n</blockquote>\n<p>As the stock market reopens following Labor Day weekend, there is no shortage of warnings that a correction is due -- which would be a pullback of at least 10% for the benchmark S&amp;P 500 following a gain of 21% so far this year.</p>\n<p>But there still may be catalysts for stock prices as the economy rebounds and interest rates remain low. A list of favorite S&amp;P 500 stocks among Wall Street analysts is below.</p>\n<p>In Monday's Need to Know column, Barbara Kollmeyer cites Matt Maley, chief market strategist at Miller Tabak + Co., who sees parallels between current market conditions and those of 2007, 1999 and 1929 that preceded three crashes.</p>\n<p>Then again, John Buckingham, editor of the Prudent Speculator newsletter, shared this chart, which shows how the market recovered after declines brought about by 20 \"frightening events\" going back to 2010:</p>\n<p>An investor with a crystal ball might time the market perfectly, selling everything at a market top and buying at the bottom. But the human tendency, even for an investor who \"gets out in time,\" is to buy back in too late and miss the rebound. For the vast majority of long-term investors, waiting out a bear market (<a href=\"https://laohu8.com/S/AONE.U\">one</a> with a decline of at least 20%) tends to work out well if one can stay in for three years. If your investment horizon is shorter than that, stocks might not be for you.</p>\n<p>Buckingham's chart, above, shows how well the S&amp;P 500 has performed since the COVID-19 crisis began. But here's another way of illustrating how quickly the market can recover, especially when supported by government stimulus and Federal Reserve policy -- the S&amp;P 500's price movement since the end of 2019:</p>\n<p>From an intraday peak Feb. 10, 2020, through the pandemic trough March 23, 2020, the S&amp;P 500 dropped 35%. It has gained 107% since that bottom. But if you look more closely, you can see significant pullbacks (based on intraday prices) of 11% between Sept. 2, 2020, and Sept. 24, 2020, and 9% between Oct. 10, 2020, and Oct. 30, 2020. Those weren't fun periods for investors, but in hindsight they were blips. Investors fare best when they held on.</p>\n<p><b>Valuations and relative bargains</b></p>\n<p>Federal stimulus and central-bank easy-money policies have made interest rates so low that some investors who would traditionally lean toward bonds and preferred stocks for income turned toward common stocks. So the forward price-to-earnings (P/E) ratio for the S&amp;P 500 is now 21.4, based on consensus estimates among analysts polled by FactSet, compared to a 10-year average valuation of 16.5.</p>\n<p>The 11 sectors of the S&amp;P 500 tend to trade higher or lower than the full index on a P/E basis. Here are the sectors' relative valuations to the full index and how those compare to average valuations:</p>\n<table>\n <tbody>\n  <tr>\n   <td>S&amp;P 500 sector</td>\n   <td>Forward P/E</td>\n   <td>Average forward P/E -- 10 years</td>\n   <td>P/E to full index P/E</td>\n   <td>Average P/E to average full index P/E</td>\n   <td>Relative premium or discount</td>\n  </tr>\n  <tr>\n   <td>Energy</td>\n   <td>13.2</td>\n   <td>15.3</td>\n   <td>62%</td>\n   <td>93%</td>\n   <td>-31%</td>\n  </tr>\n  <tr>\n   <td>Materials</td>\n   <td>17.2</td>\n   <td>15.8</td>\n   <td>80%</td>\n   <td>95%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Industrials</td>\n   <td>22.5</td>\n   <td>16.7</td>\n   <td>105%</td>\n   <td>101%</td>\n   <td>4%</td>\n  </tr>\n  <tr>\n   <td>Consumer Discretionary</td>\n   <td>31.5</td>\n   <td>22.1</td>\n   <td>148%</td>\n   <td>134%</td>\n   <td>14%</td>\n  </tr>\n  <tr>\n   <td>Consumer Staples</td>\n   <td>20.8</td>\n   <td>18.5</td>\n   <td>97%</td>\n   <td>112%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Health Care</td>\n   <td>17.7</td>\n   <td>15.5</td>\n   <td>83%</td>\n   <td>94%</td>\n   <td>-11%</td>\n  </tr>\n  <tr>\n   <td>Financials</td>\n   <td>14.4</td>\n   <td>12.2</td>\n   <td>67%</td>\n   <td>74%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>Real Estate</td>\n   <td>23.3</td>\n   <td>18.6</td>\n   <td>109%</td>\n   <td>112%</td>\n   <td>-3%</td>\n  </tr>\n  <tr>\n   <td>Information Technology</td>\n   <td>26.6</td>\n   <td>16.8</td>\n   <td>125%</td>\n   <td>102%</td>\n   <td>23%</td>\n  </tr>\n  <tr>\n   <td>Communication Services</td>\n   <td>22.7</td>\n   <td>18.6</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>-6%</td>\n  </tr>\n  <tr>\n   <td>Utilities</td>\n   <td>20.0</td>\n   <td>16.7</td>\n   <td>94%</td>\n   <td>101%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500</td>\n   <td>21.4</td>\n   <td>16.5</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>It probably isn't a surprise to see that the information technology sector, dominated by rapidly growing tech giants (in an index weighted by market capitalization) trades much higher relative to the full index than it did five years ago, or that the energy sector trades much lower.</p>\n<p>But it is worth noting that several sectors still trade lower than usual, relative to the full index, even in a market that has lifted 88% of the S&amp;P 500 this year. These include health care, which is up 20% in 2021, and the financial sector, up 29%.</p>\n<p><b>Wall Street's favorites among the S&amp;P 500</b></p>\n<p>Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&amp;P 500, there are no companies with majority \"sell\" or equivalent ratings. But the analysts still have clear preferences for some stocks over others. Here are 20 stocks in the benchmark index with at least 75% \"buy\" or equivalent ratings, with the most upside implied for the next year, based on consensus price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- Sept. 3</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Micron Technology Inc. MU</td>\n   <td>88%</td>\n   <td>$73.81</td>\n   <td>$114.96</td>\n   <td>56%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> Inc. FANG</td>\n   <td>91%</td>\n   <td>$75.56</td>\n   <td>$113.52</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>General Motors Co. GM</td>\n   <td>92%</td>\n   <td>$48.82</td>\n   <td>$72.16</td>\n   <td>48%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. Class A NWSA</td>\n   <td>80%</td>\n   <td>$22.56</td>\n   <td>$32.74</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Global Payments Inc. GPN</td>\n   <td>81%</td>\n   <td>$158.01</td>\n   <td>$228.69</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Activision Blizzard Inc. ATVI</td>\n   <td>91%</td>\n   <td>$81.18</td>\n   <td>$116.04</td>\n   <td>43%</td>\n  </tr>\n  <tr>\n   <td>Alaska Air Group Inc. ALK</td>\n   <td>93%</td>\n   <td>$57.11</td>\n   <td>$80.00</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td>Pioneer Natural Resources Co. PXD</td>\n   <td>81%</td>\n   <td>$149.88</td>\n   <td>$207.09</td>\n   <td>38%</td>\n  </tr>\n  <tr>\n   <td>Southwest Airlines Co. LUV</td>\n   <td>82%</td>\n   <td>$48.86</td>\n   <td>$66.24</td>\n   <td>36%</td>\n  </tr>\n  <tr>\n   <td>Lamb Weston Holdings Inc. LW</td>\n   <td>78%</td>\n   <td>$63.58</td>\n   <td>$85.43</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td>ConocoPhillips COP</td>\n   <td>97%</td>\n   <td>$56.24</td>\n   <td>$75.52</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CNC\">Centene Corp</a>. CNC</td>\n   <td>85%</td>\n   <td>$64.37</td>\n   <td>$85.47</td>\n   <td>33%</td>\n  </tr>\n  <tr>\n   <td>Vertex Pharmaceuticals Inc. VRTX</td>\n   <td>78%</td>\n   <td>$198.05</td>\n   <td>$262.14</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>FedEx Corp. FDX</td>\n   <td>78%</td>\n   <td>$266.04</td>\n   <td>$349.48</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Devon Energy Corp. DVN</td>\n   <td>85%</td>\n   <td>$29.17</td>\n   <td>$38.19</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Valero Energy Corp. VLO</td>\n   <td>85%</td>\n   <td>$64.70</td>\n   <td>$84.06</td>\n   <td>30%</td>\n  </tr>\n  <tr>\n   <td>Mastercard Inc. Class A MA</td>\n   <td>84%</td>\n   <td>$340.23</td>\n   <td>$439.16</td>\n   <td>29%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ZBH\">Zimmer Biomet Holdings Inc</a>. ZBH</td>\n   <td>79%</td>\n   <td>$146.74</td>\n   <td>$187.58</td>\n   <td>28%</td>\n  </tr>\n  <tr>\n   <td>Schlumberger Ltd. SLB</td>\n   <td>79%</td>\n   <td>$28.09</td>\n   <td>$35.56</td>\n   <td>27%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. TMUS</td>\n   <td>87%</td>\n   <td>$136.00</td>\n   <td>$172.00</td>\n   <td>26%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company.</p>\n<p>If you see any stocks of interest, you should do your own research and form your own opinion about how likely a company is to remain competitive over the next decade. Tomi Kilgore has just written a detailed guide to the information available on MarketWatch's quote page. That's a great way to begin digging into any stock.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Wall Street sees as much as 56% upside for its 20 favorite stocks</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWall Street sees as much as 56% upside for its 20 favorite stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-09-07 23:12</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<blockquote>\n Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n</blockquote>\n<p>As the stock market reopens following Labor Day weekend, there is no shortage of warnings that a correction is due -- which would be a pullback of at least 10% for the benchmark S&amp;P 500 following a gain of 21% so far this year.</p>\n<p>But there still may be catalysts for stock prices as the economy rebounds and interest rates remain low. A list of favorite S&amp;P 500 stocks among Wall Street analysts is below.</p>\n<p>In Monday's Need to Know column, Barbara Kollmeyer cites Matt Maley, chief market strategist at Miller Tabak + Co., who sees parallels between current market conditions and those of 2007, 1999 and 1929 that preceded three crashes.</p>\n<p>Then again, John Buckingham, editor of the Prudent Speculator newsletter, shared this chart, which shows how the market recovered after declines brought about by 20 \"frightening events\" going back to 2010:</p>\n<p>An investor with a crystal ball might time the market perfectly, selling everything at a market top and buying at the bottom. But the human tendency, even for an investor who \"gets out in time,\" is to buy back in too late and miss the rebound. For the vast majority of long-term investors, waiting out a bear market (<a href=\"https://laohu8.com/S/AONE.U\">one</a> with a decline of at least 20%) tends to work out well if one can stay in for three years. If your investment horizon is shorter than that, stocks might not be for you.</p>\n<p>Buckingham's chart, above, shows how well the S&amp;P 500 has performed since the COVID-19 crisis began. But here's another way of illustrating how quickly the market can recover, especially when supported by government stimulus and Federal Reserve policy -- the S&amp;P 500's price movement since the end of 2019:</p>\n<p>From an intraday peak Feb. 10, 2020, through the pandemic trough March 23, 2020, the S&amp;P 500 dropped 35%. It has gained 107% since that bottom. But if you look more closely, you can see significant pullbacks (based on intraday prices) of 11% between Sept. 2, 2020, and Sept. 24, 2020, and 9% between Oct. 10, 2020, and Oct. 30, 2020. Those weren't fun periods for investors, but in hindsight they were blips. Investors fare best when they held on.</p>\n<p><b>Valuations and relative bargains</b></p>\n<p>Federal stimulus and central-bank easy-money policies have made interest rates so low that some investors who would traditionally lean toward bonds and preferred stocks for income turned toward common stocks. So the forward price-to-earnings (P/E) ratio for the S&amp;P 500 is now 21.4, based on consensus estimates among analysts polled by FactSet, compared to a 10-year average valuation of 16.5.</p>\n<p>The 11 sectors of the S&amp;P 500 tend to trade higher or lower than the full index on a P/E basis. Here are the sectors' relative valuations to the full index and how those compare to average valuations:</p>\n<table>\n <tbody>\n  <tr>\n   <td>S&amp;P 500 sector</td>\n   <td>Forward P/E</td>\n   <td>Average forward P/E -- 10 years</td>\n   <td>P/E to full index P/E</td>\n   <td>Average P/E to average full index P/E</td>\n   <td>Relative premium or discount</td>\n  </tr>\n  <tr>\n   <td>Energy</td>\n   <td>13.2</td>\n   <td>15.3</td>\n   <td>62%</td>\n   <td>93%</td>\n   <td>-31%</td>\n  </tr>\n  <tr>\n   <td>Materials</td>\n   <td>17.2</td>\n   <td>15.8</td>\n   <td>80%</td>\n   <td>95%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Industrials</td>\n   <td>22.5</td>\n   <td>16.7</td>\n   <td>105%</td>\n   <td>101%</td>\n   <td>4%</td>\n  </tr>\n  <tr>\n   <td>Consumer Discretionary</td>\n   <td>31.5</td>\n   <td>22.1</td>\n   <td>148%</td>\n   <td>134%</td>\n   <td>14%</td>\n  </tr>\n  <tr>\n   <td>Consumer Staples</td>\n   <td>20.8</td>\n   <td>18.5</td>\n   <td>97%</td>\n   <td>112%</td>\n   <td>-15%</td>\n  </tr>\n  <tr>\n   <td>Health Care</td>\n   <td>17.7</td>\n   <td>15.5</td>\n   <td>83%</td>\n   <td>94%</td>\n   <td>-11%</td>\n  </tr>\n  <tr>\n   <td>Financials</td>\n   <td>14.4</td>\n   <td>12.2</td>\n   <td>67%</td>\n   <td>74%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>Real Estate</td>\n   <td>23.3</td>\n   <td>18.6</td>\n   <td>109%</td>\n   <td>112%</td>\n   <td>-3%</td>\n  </tr>\n  <tr>\n   <td>Information Technology</td>\n   <td>26.6</td>\n   <td>16.8</td>\n   <td>125%</td>\n   <td>102%</td>\n   <td>23%</td>\n  </tr>\n  <tr>\n   <td>Communication Services</td>\n   <td>22.7</td>\n   <td>18.6</td>\n   <td>106%</td>\n   <td>113%</td>\n   <td>-6%</td>\n  </tr>\n  <tr>\n   <td>Utilities</td>\n   <td>20.0</td>\n   <td>16.7</td>\n   <td>94%</td>\n   <td>101%</td>\n   <td>-7%</td>\n  </tr>\n  <tr>\n   <td>S&amp;P 500</td>\n   <td>21.4</td>\n   <td>16.5</td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>It probably isn't a surprise to see that the information technology sector, dominated by rapidly growing tech giants (in an index weighted by market capitalization) trades much higher relative to the full index than it did five years ago, or that the energy sector trades much lower.</p>\n<p>But it is worth noting that several sectors still trade lower than usual, relative to the full index, even in a market that has lifted 88% of the S&amp;P 500 this year. These include health care, which is up 20% in 2021, and the financial sector, up 29%.</p>\n<p><b>Wall Street's favorites among the S&amp;P 500</b></p>\n<p>Analysts who work for brokerage firms tend to shy away from negative ratings. Among the S&amp;P 500, there are no companies with majority \"sell\" or equivalent ratings. But the analysts still have clear preferences for some stocks over others. Here are 20 stocks in the benchmark index with at least 75% \"buy\" or equivalent ratings, with the most upside implied for the next year, based on consensus price targets:</p>\n<table>\n <tbody>\n  <tr>\n   <td>Company</td>\n   <td>Share \"buy\" ratings</td>\n   <td>Closing price -- Sept. 3</td>\n   <td>Consensus price target</td>\n   <td>Implied 12-month upside potential</td>\n  </tr>\n  <tr>\n   <td>Micron Technology Inc. MU</td>\n   <td>88%</td>\n   <td>$73.81</td>\n   <td>$114.96</td>\n   <td>56%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/FANG\">Diamondback Energy</a> Inc. FANG</td>\n   <td>91%</td>\n   <td>$75.56</td>\n   <td>$113.52</td>\n   <td>50%</td>\n  </tr>\n  <tr>\n   <td>General Motors Co. GM</td>\n   <td>92%</td>\n   <td>$48.82</td>\n   <td>$72.16</td>\n   <td>48%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/NWSAL\">News Corp</a>. Class A NWSA</td>\n   <td>80%</td>\n   <td>$22.56</td>\n   <td>$32.74</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Global Payments Inc. GPN</td>\n   <td>81%</td>\n   <td>$158.01</td>\n   <td>$228.69</td>\n   <td>45%</td>\n  </tr>\n  <tr>\n   <td>Activision Blizzard Inc. ATVI</td>\n   <td>91%</td>\n   <td>$81.18</td>\n   <td>$116.04</td>\n   <td>43%</td>\n  </tr>\n  <tr>\n   <td>Alaska Air Group Inc. ALK</td>\n   <td>93%</td>\n   <td>$57.11</td>\n   <td>$80.00</td>\n   <td>40%</td>\n  </tr>\n  <tr>\n   <td>Pioneer Natural Resources Co. PXD</td>\n   <td>81%</td>\n   <td>$149.88</td>\n   <td>$207.09</td>\n   <td>38%</td>\n  </tr>\n  <tr>\n   <td>Southwest Airlines Co. LUV</td>\n   <td>82%</td>\n   <td>$48.86</td>\n   <td>$66.24</td>\n   <td>36%</td>\n  </tr>\n  <tr>\n   <td>Lamb Weston Holdings Inc. LW</td>\n   <td>78%</td>\n   <td>$63.58</td>\n   <td>$85.43</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td>ConocoPhillips COP</td>\n   <td>97%</td>\n   <td>$56.24</td>\n   <td>$75.52</td>\n   <td>34%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/CNC\">Centene Corp</a>. CNC</td>\n   <td>85%</td>\n   <td>$64.37</td>\n   <td>$85.47</td>\n   <td>33%</td>\n  </tr>\n  <tr>\n   <td>Vertex Pharmaceuticals Inc. VRTX</td>\n   <td>78%</td>\n   <td>$198.05</td>\n   <td>$262.14</td>\n   <td>32%</td>\n  </tr>\n  <tr>\n   <td>FedEx Corp. FDX</td>\n   <td>78%</td>\n   <td>$266.04</td>\n   <td>$349.48</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Devon Energy Corp. DVN</td>\n   <td>85%</td>\n   <td>$29.17</td>\n   <td>$38.19</td>\n   <td>31%</td>\n  </tr>\n  <tr>\n   <td>Valero Energy Corp. VLO</td>\n   <td>85%</td>\n   <td>$64.70</td>\n   <td>$84.06</td>\n   <td>30%</td>\n  </tr>\n  <tr>\n   <td>Mastercard Inc. Class A MA</td>\n   <td>84%</td>\n   <td>$340.23</td>\n   <td>$439.16</td>\n   <td>29%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/ZBH\">Zimmer Biomet Holdings Inc</a>. ZBH</td>\n   <td>79%</td>\n   <td>$146.74</td>\n   <td>$187.58</td>\n   <td>28%</td>\n  </tr>\n  <tr>\n   <td>Schlumberger Ltd. SLB</td>\n   <td>79%</td>\n   <td>$28.09</td>\n   <td>$35.56</td>\n   <td>27%</td>\n  </tr>\n  <tr>\n   <td><a href=\"https://laohu8.com/S/TMUSR\">T-Mobile US Inc</a>. TMUS</td>\n   <td>87%</td>\n   <td>$136.00</td>\n   <td>$172.00</td>\n   <td>26%</td>\n  </tr>\n  <tr>\n   <td>Source: FactSet</td>\n   <td></td>\n   <td></td>\n   <td></td>\n   <td></td>\n  </tr>\n </tbody>\n</table>\n<p>Click on the tickers for more about each company.</p>\n<p>If you see any stocks of interest, you should do your own research and form your own opinion about how likely a company is to remain competitive over the next decade. Tomi Kilgore has just written a detailed guide to the information available on MarketWatch's quote page. That's a great way to begin digging into any stock.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"161125":"标普500","513500":"标普500ETF","TERN":"Terns Pharmaceuticals, Inc.","UPRO":"三倍做多标普500ETF","LUV":"西南航空","GM":"通用汽车","SH":"标普500反向ETF","ATVI":"动视暴雪",".SPX":"S&P 500 Index","IVV":"标普500指数ETF","SSO":"两倍做多标普500ETF","OEX":"标普100","CRCT":"Cricut, Inc.","SPXU":"三倍做空标普500ETF","OEF":"标普100指数ETF-iShares","SLB":"斯伦贝谢","SPY":"标普500ETF","MU":"美光科技","SDS":"两倍做空标普500ETF"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2165849354","content_text":"Stocks favored by analysts include Micron, GM, Activision Blizzard and Southwest Airlines.\n\nAs the stock market reopens following Labor Day weekend, there is no shortage of warnings that a correction is due -- which would be a pullback of at least 10% for the benchmark S&P 500 following a gain of 21% so far this year.\nBut there still may be catalysts for stock prices as the economy rebounds and interest rates remain low. A list of favorite S&P 500 stocks among Wall Street analysts is below.\nIn Monday's Need to Know column, Barbara Kollmeyer cites Matt Maley, chief market strategist at Miller Tabak + Co., who sees parallels between current market conditions and those of 2007, 1999 and 1929 that preceded three crashes.\nThen again, John Buckingham, editor of the Prudent Speculator newsletter, shared this chart, which shows how the market recovered after declines brought about by 20 \"frightening events\" going back to 2010:\nAn investor with a crystal ball might time the market perfectly, selling everything at a market top and buying at the bottom. But the human tendency, even for an investor who \"gets out in time,\" is to buy back in too late and miss the rebound. For the vast majority of long-term investors, waiting out a bear market (one with a decline of at least 20%) tends to work out well if one can stay in for three years. If your investment horizon is shorter than that, stocks might not be for you.\nBuckingham's chart, above, shows how well the S&P 500 has performed since the COVID-19 crisis began. But here's another way of illustrating how quickly the market can recover, especially when supported by government stimulus and Federal Reserve policy -- the S&P 500's price movement since the end of 2019:\nFrom an intraday peak Feb. 10, 2020, through the pandemic trough March 23, 2020, the S&P 500 dropped 35%. It has gained 107% since that bottom. But if you look more closely, you can see significant pullbacks (based on intraday prices) of 11% between Sept. 2, 2020, and Sept. 24, 2020, and 9% between Oct. 10, 2020, and Oct. 30, 2020. Those weren't fun periods for investors, but in hindsight they were blips. Investors fare best when they held on.\nValuations and relative bargains\nFederal stimulus and central-bank easy-money policies have made interest rates so low that some investors who would traditionally lean toward bonds and preferred stocks for income turned toward common stocks. So the forward price-to-earnings (P/E) ratio for the S&P 500 is now 21.4, based on consensus estimates among analysts polled by FactSet, compared to a 10-year average valuation of 16.5.\nThe 11 sectors of the S&P 500 tend to trade higher or lower than the full index on a P/E basis. Here are the sectors' relative valuations to the full index and how those compare to average valuations:\n\n\n\nS&P 500 sector\nForward P/E\nAverage forward P/E -- 10 years\nP/E to full index P/E\nAverage P/E to average full index P/E\nRelative premium or discount\n\n\nEnergy\n13.2\n15.3\n62%\n93%\n-31%\n\n\nMaterials\n17.2\n15.8\n80%\n95%\n-15%\n\n\nIndustrials\n22.5\n16.7\n105%\n101%\n4%\n\n\nConsumer Discretionary\n31.5\n22.1\n148%\n134%\n14%\n\n\nConsumer Staples\n20.8\n18.5\n97%\n112%\n-15%\n\n\nHealth Care\n17.7\n15.5\n83%\n94%\n-11%\n\n\nFinancials\n14.4\n12.2\n67%\n74%\n-7%\n\n\nReal Estate\n23.3\n18.6\n109%\n112%\n-3%\n\n\nInformation Technology\n26.6\n16.8\n125%\n102%\n23%\n\n\nCommunication Services\n22.7\n18.6\n106%\n113%\n-6%\n\n\nUtilities\n20.0\n16.7\n94%\n101%\n-7%\n\n\nS&P 500\n21.4\n16.5\n\n\n\n\n\nSource: FactSet\n\n\n\n\n\n\n\n\nIt probably isn't a surprise to see that the information technology sector, dominated by rapidly growing tech giants (in an index weighted by market capitalization) trades much higher relative to the full index than it did five years ago, or that the energy sector trades much lower.\nBut it is worth noting that several sectors still trade lower than usual, relative to the full index, even in a market that has lifted 88% of the S&P 500 this year. These include health care, which is up 20% in 2021, and the financial sector, up 29%.\nWall Street's favorites among the S&P 500\nAnalysts who work for brokerage firms tend to shy away from negative ratings. Among the S&P 500, there are no companies with majority \"sell\" or equivalent ratings. But the analysts still have clear preferences for some stocks over others. Here are 20 stocks in the benchmark index with at least 75% \"buy\" or equivalent ratings, with the most upside implied for the next year, based on consensus price targets:\n\n\n\nCompany\nShare \"buy\" ratings\nClosing price -- Sept. 3\nConsensus price target\nImplied 12-month upside potential\n\n\nMicron Technology Inc. MU\n88%\n$73.81\n$114.96\n56%\n\n\nDiamondback Energy Inc. FANG\n91%\n$75.56\n$113.52\n50%\n\n\nGeneral Motors Co. GM\n92%\n$48.82\n$72.16\n48%\n\n\nNews Corp. Class A NWSA\n80%\n$22.56\n$32.74\n45%\n\n\nGlobal Payments Inc. GPN\n81%\n$158.01\n$228.69\n45%\n\n\nActivision Blizzard Inc. ATVI\n91%\n$81.18\n$116.04\n43%\n\n\nAlaska Air Group Inc. ALK\n93%\n$57.11\n$80.00\n40%\n\n\nPioneer Natural Resources Co. PXD\n81%\n$149.88\n$207.09\n38%\n\n\nSouthwest Airlines Co. LUV\n82%\n$48.86\n$66.24\n36%\n\n\nLamb Weston Holdings Inc. LW\n78%\n$63.58\n$85.43\n34%\n\n\nConocoPhillips COP\n97%\n$56.24\n$75.52\n34%\n\n\nCentene Corp. CNC\n85%\n$64.37\n$85.47\n33%\n\n\nVertex Pharmaceuticals Inc. VRTX\n78%\n$198.05\n$262.14\n32%\n\n\nFedEx Corp. FDX\n78%\n$266.04\n$349.48\n31%\n\n\nDevon Energy Corp. DVN\n85%\n$29.17\n$38.19\n31%\n\n\nValero Energy Corp. VLO\n85%\n$64.70\n$84.06\n30%\n\n\nMastercard Inc. Class A MA\n84%\n$340.23\n$439.16\n29%\n\n\nZimmer Biomet Holdings Inc. ZBH\n79%\n$146.74\n$187.58\n28%\n\n\nSchlumberger Ltd. SLB\n79%\n$28.09\n$35.56\n27%\n\n\nT-Mobile US Inc. TMUS\n87%\n$136.00\n$172.00\n26%\n\n\nSource: FactSet\n\n\n\n\n\n\n\nClick on the tickers for more about each company.\nIf you see any stocks of interest, you should do your own research and form your own opinion about how likely a company is to remain competitive over the next decade. Tomi Kilgore has just written a detailed guide to the information available on MarketWatch's quote page. That's a great way to begin digging into any stock.","news_type":1},"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880991930,"gmtCreate":1631005997120,"gmtModify":1676530440354,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"the boss of SEA is the wealthiest person in singapore&nbsp;","listText":"the boss of SEA is the wealthiest person in singapore&nbsp;","text":"the boss of SEA is the wealthiest person in singapore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880991930","repostId":"1190153270","repostType":4,"repost":{"id":"1190153270","kind":"news","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":1631002085,"share":"https://ttm.financial/m/news/1190153270?lang=&edition=fundamental","pubTime":"2021-09-07 16:08","market":"us","language":"en","title":"Sea reached record high in pre-market trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1190153270","media":"Tiger Newspress","summary":"(Sept 7) Sea reached record high in pre-market trading Tuesday.\nSea Ltd's Shopee is preparing to lau","content":"<p>(Sept 7)&nbsp;Sea reached record high in pre-market trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/a4e4b0288d320c178ce3ce27e45bdb98\" tg-width=\"1057\" tg-height=\"527\" referrerpolicy=\"no-referrer\">Sea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.</p>\n<p>The move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region.</p>\n<p>Shopee is simultaneously preparing to launch in India, Reuters reported last week, after aggressively expanding in Latin America since earlier this year.</p>\n<p>One of the sources told Reuters that Shopee is cautiously scaling up its global expansion by testing out possible new markets.</p>\n<p>The two sources, who requested anonymity because they were not authorised to speak to media, said Shopee will also launch in Argentina in the coming months.</p>\n<p>The firm is already the dominant player in e-commerce in Southeast Asia, according to market researchers, bringing in $1.2 billion globally in revenue for the quarter ending June 30.</p>\n<p>Polish news website Wiadomoscihandlowe.pl first reported the Shopee expansion into Poland. Sea did not immediately answer a Reuters request for comment.</p>\n<p>Market research firm Euromonitor estimates the Polish e-commerce market to be worth 16 billion euros ($19 billion), with significant room for growth compared to Western countries.</p>\n<p>Amazon launched its local website this year, while the biggest home e-commerce firm Allegro is ramping up installation of its own parcel lockers.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea reached record high in pre-market 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; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSea reached record high in pre-market 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\">2021-09-07 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 7)&nbsp;Sea reached record high in pre-market trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/a4e4b0288d320c178ce3ce27e45bdb98\" tg-width=\"1057\" tg-height=\"527\" referrerpolicy=\"no-referrer\">Sea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.</p>\n<p>The move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region.</p>\n<p>Shopee is simultaneously preparing to launch in India, Reuters reported last week, after aggressively expanding in Latin America since earlier this year.</p>\n<p>One of the sources told Reuters that Shopee is cautiously scaling up its global expansion by testing out possible new markets.</p>\n<p>The two sources, who requested anonymity because they were not authorised to speak to media, said Shopee will also launch in Argentina in the coming months.</p>\n<p>The firm is already the dominant player in e-commerce in Southeast Asia, according to market researchers, bringing in $1.2 billion globally in revenue for the quarter ending June 30.</p>\n<p>Polish news website Wiadomoscihandlowe.pl first reported the Shopee expansion into Poland. Sea did not immediately answer a Reuters request for comment.</p>\n<p>Market research firm Euromonitor estimates the Polish e-commerce market to be worth 16 billion euros ($19 billion), with significant room for growth compared to Western countries.</p>\n<p>Amazon launched its local website this year, while the biggest home e-commerce firm Allegro is ramping up installation of its own parcel lockers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190153270","content_text":"(Sept 7) Sea reached record high in pre-market trading Tuesday.\nSea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.\nThe move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region.\nShopee is simultaneously preparing to launch in India, Reuters reported last week, after aggressively expanding in Latin America since earlier this year.\nOne of the sources told Reuters that Shopee is cautiously scaling up its global expansion by testing out possible new markets.\nThe two sources, who requested anonymity because they were not authorised to speak to media, said Shopee will also launch in Argentina in the coming months.\nThe firm is already the dominant player in e-commerce in Southeast Asia, according to market researchers, bringing in $1.2 billion globally in revenue for the quarter ending June 30.\nPolish news website Wiadomoscihandlowe.pl first reported the Shopee expansion into Poland. Sea did not immediately answer a Reuters request for comment.\nMarket research firm Euromonitor estimates the Polish e-commerce market to be worth 16 billion euros ($19 billion), with significant room for growth compared to Western countries.\nAmazon launched its local website this year, while the biggest home e-commerce firm Allegro is ramping up installation of its own parcel lockers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":832950430,"gmtCreate":1629564140720,"gmtModify":1676530071353,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Elon, pls make some good commentd so&nbsp;the tesla stock price will shoot up again.","listText":"Elon, pls make some good commentd so&nbsp;the tesla stock price will shoot up again.","text":"Elon, pls make some good commentd so the tesla stock price will shoot up again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/832950430","repostId":"1107075259","repostType":4,"repost":{"id":"1107075259","kind":"news","pubTimestamp":1629509852,"share":"https://ttm.financial/m/news/1107075259?lang=&edition=fundamental","pubTime":"2021-08-21 09:37","market":"us","language":"en","title":"Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1107075259","media":"MarketWatch","summary":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.$Investors$ should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.At $Tesla Motors$’s AI Day late Thursday, self-named Technoking Musk said th","content":"<blockquote>\n <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>\n</blockquote>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p>\n<p>At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p>\n<p>After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p>\n<p>As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p>\n<p>“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p>\n<p>The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p>\n<p>“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p>\n<p>“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p>\n<p>The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p>\n<p>The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p>\n<p>“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p>\n<p>It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p>\n<p>If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p>\n<p>“We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p>\n<p>But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p>\n<p>For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p>\n<p>“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p>\n<p>With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p>\n<p>“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p>\n<p>Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p>","source":"market_watch","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>Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla</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\">\nIgnore Elon Musk’s dancing distraction and face the dangers ahead for Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-21 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology ...</p>\n\n<a href=\"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107075259","content_text":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.\n\nInvestors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.\nAt Tesla Motors’s AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”\nAfter a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.\nAs always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.\n“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this Tesla Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.\nThe safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.\nJust a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.\n“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at American University in Washington DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”\n“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.\nThe week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The National Highway Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with Advanced Driver Assistance Systems (ADAS) and tractor-trailers.\nThe latest outcry on Capitol Hill follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.\n“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”\nIt is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”\nIf only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.\n“We basically have to solve real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over one million cars on the road that are collecting data… But I am highly confident that we will get this done.”\nBut for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.\nFor example, Alphabet Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.\n“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of American University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”\nWith FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.\n“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.\nMusk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580016166379606","authorId":"3580016166379606","name":"JLUljs","avatar":"https://static.tigerbbs.com/16b88b4c5c83f1a751fffbd8db4211e2","crmLevel":3,"crmLevelSwitch":0,"idStr":"3580016166379606","authorIdStr":"3580016166379606"},"content":"Elon don't really care about the stock price though ??","text":"Elon don't really care about the stock price though ??","html":"Elon don't really care about the stock price though ??"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831606676,"gmtCreate":1629306506695,"gmtModify":1676529999155,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&amp;P 500 by so much :(","listText":"wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&amp;P 500 by so much :(","text":"wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&P 500 by so much :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/831606676","repostId":"2160737913","repostType":4,"repost":{"id":"2160737913","kind":"highlight","pubTimestamp":1629300419,"share":"https://ttm.financial/m/news/2160737913?lang=&edition=fundamental","pubTime":"2021-08-18 23:26","market":"us","language":"en","title":"Why Tesla Stock Is Up Sharply on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2160737913","media":"Motley Fool","summary":"Did the stock's sell-off earlier this week go too far?","content":"<h2>What happened</h2>\n<p>Shares of electric vehicle maker <b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> are up sharply on Wednesday. As of 10:30 a.m. EDT, the stock had risen 3.5%.</p>\n<p>There doesn't seem to be any material news behind the stock's move. But shares might be rebounding from a sell-off on Monday and Tuesday.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F639784%2Fwhy-tesla-stock-jumped.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"463\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>So what</h2>\n<p>Shares of Tesla had slid a total of 7% on Monday and Tuesday amid news that the National Highway Traffic Safety Administration had opened a formal safety probe into Tesla's driver-assist technology, Autopilot.</p>\n<p>Perhaps some investors think the decline in the electric vehicle's stock went too far and are buying shares after the recent pullback. It's also possible that some investors who were shorting the stock are taking their gains and closing out some of their bets against shares by covering their positions.</p>\n<p>Whatever the reason for the sharp gain today, there seems to be some technical support for the stock in the $670 and $680 range for now.</p>\n<h2>Now what</h2>\n<p>Tesla stock has been an underperformer in 2021. Shares are down 2.5% year to date, even as the<b> <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a></b> has risen nearly 19%. But the automaker's business has been doing well. The company reported more than $1 billion in quarterly unadjusted net income for the first time in the second quarter. In addition, management reiterated expectations for deliveries to rise more than 50% this year.</p>","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>Why Tesla Stock Is Up Sharply on Wednesday</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 Tesla Stock Is Up Sharply on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/18/why-tesla-stock-is-up-sharply-on-wednesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of electric vehicle maker Tesla Motors are up sharply on Wednesday. As of 10:30 a.m. EDT, the stock had risen 3.5%.\nThere doesn't seem to be any material news behind the stock's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/18/why-tesla-stock-is-up-sharply-on-wednesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/08/18/why-tesla-stock-is-up-sharply-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160737913","content_text":"What happened\nShares of electric vehicle maker Tesla Motors are up sharply on Wednesday. As of 10:30 a.m. EDT, the stock had risen 3.5%.\nThere doesn't seem to be any material news behind the stock's move. But shares might be rebounding from a sell-off on Monday and Tuesday.\n\nImage source: Getty Images.\nSo what\nShares of Tesla had slid a total of 7% on Monday and Tuesday amid news that the National Highway Traffic Safety Administration had opened a formal safety probe into Tesla's driver-assist technology, Autopilot.\nPerhaps some investors think the decline in the electric vehicle's stock went too far and are buying shares after the recent pullback. It's also possible that some investors who were shorting the stock are taking their gains and closing out some of their bets against shares by covering their positions.\nWhatever the reason for the sharp gain today, there seems to be some technical support for the stock in the $670 and $680 range for now.\nNow what\nTesla stock has been an underperformer in 2021. Shares are down 2.5% year to date, even as the S&P 500 has risen nearly 19%. But the automaker's business has been doing well. The company reported more than $1 billion in quarterly unadjusted net income for the first time in the second quarter. In addition, management reiterated expectations for deliveries to rise more than 50% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897285136,"gmtCreate":1628923583725,"gmtModify":1676529894889,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"must invest in this sector. may profit a few 100% in 5 years","listText":"must invest in this sector. may profit a few 100% in 5 years","text":"must invest in this sector. may profit a few 100% in 5 years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897285136","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://ttm.financial/m/news/1149823415?lang=&edition=fundamental","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Where Will Virgin Galactic Stock Be In 10 Years?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897283780,"gmtCreate":1628922927540,"gmtModify":1676529894793,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"i buy $100 for many monster stocks, hopefully in 10 yr , some of them will give me monster profits.","listText":"i buy $100 for many monster stocks, hopefully in 10 yr , some of them will give me monster profits.","text":"i buy $100 for many monster stocks, hopefully in 10 yr , some of them will give me monster profits.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897283780","repostId":"2158025081","repostType":4,"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894132977,"gmtCreate":1628810822599,"gmtModify":1676529859751,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.","listText":"no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.","text":"no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/894132977","repostId":"2159265031","repostType":4,"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":832950430,"gmtCreate":1629564140720,"gmtModify":1676530071353,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Elon, pls make some good commentd so&nbsp;the tesla stock price will shoot up again.","listText":"Elon, pls make some good commentd so&nbsp;the tesla stock price will shoot up again.","text":"Elon, pls make some good commentd so the tesla stock price will shoot up again.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/832950430","repostId":"1107075259","repostType":4,"repost":{"id":"1107075259","kind":"news","pubTimestamp":1629509852,"share":"https://ttm.financial/m/news/1107075259?lang=&edition=fundamental","pubTime":"2021-08-21 09:37","market":"us","language":"en","title":"Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla","url":"https://stock-news.laohu8.com/highlight/detail?id=1107075259","media":"MarketWatch","summary":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.$Investors$ should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.At $Tesla Motors$’s AI Day late Thursday, self-named Technoking Musk said th","content":"<blockquote>\n <b>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.</b>\n</blockquote>\n<p><a href=\"https://laohu8.com/S/ISBC\">Investors</a> should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.</p>\n<p>At <a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a>’s&nbsp;AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”</p>\n<p>After a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.</p>\n<p>As always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.</p>\n<p>“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this&nbsp;Tesla&nbsp;Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for&nbsp;Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.</p>\n<p>The safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.</p>\n<p><a href=\"https://laohu8.com/S/JE\">Just</a> a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.</p>\n<p>“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at <a href=\"https://laohu8.com/S/AFG\">American</a> University in <a href=\"https://laohu8.com/S/WASH\">Washington</a> DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”</p>\n<p>“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.</p>\n<p>The week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The <a href=\"https://laohu8.com/S/NHLD\">National</a> <a href=\"https://laohu8.com/S/HIHO\">Highway</a> Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with <a href=\"https://laohu8.com/S/AEIS\">Advanced</a> Driver Assistance Systems (ADAS) and tractor-trailers.</p>\n<p>The latest outcry on Capitol <a href=\"https://laohu8.com/S/HIL\">Hill</a> follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.</p>\n<p>“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”</p>\n<p>It is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”</p>\n<p>If only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.</p>\n<p>“We&nbsp;basically&nbsp;have&nbsp;to&nbsp;solve&nbsp;real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over <a href=\"https://laohu8.com/S/AONE.U\">one</a> million cars on the road that are collecting data… But I am highly confident that we&nbsp;will&nbsp;get&nbsp;this&nbsp;done.”</p>\n<p>But for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.</p>\n<p>For example, <a href=\"https://laohu8.com/S/GOOG\">Alphabet</a> Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.</p>\n<p>“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of <a href=\"https://laohu8.com/S/AMSWA\">American</a> University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”</p>\n<p>With FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.</p>\n<p>“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.</p>\n<p>Musk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.</p>","source":"market_watch","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>Ignore Elon Musk’s dancing distraction and face the dangers ahead for Tesla</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIgnore Elon Musk’s dancing distraction and face the dangers ahead for Tesla\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-21 09:37 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology ...</p>\n\n<a href=\"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"特斯拉"},"source_url":"https://www.marketwatch.com/story/ignore-elon-musks-dancing-distraction-and-face-the-dangers-ahead-for-tesla-11629488276?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1107075259","content_text":"Investigations into automated-driving systems and the statements made about it by the electric-car company and its chief executive deserve more attention than their latest fanciful technology aspirations and timelines.\n\nInvestors should ignore Elon Musk’s latest dance and focus instead on the growing issues Tesla is facing because of its chief executive’s exaggerated claims about his company’s technological capabilities.\nAt Tesla Motors’s AI Day late Thursday, self-named Technoking Musk said that the company is working on a humanoid robot as “Tesla is arguably the world’s biggest robotics company because our cars are like semi-sentient robots on wheels.”\nAfter a white-suited human did a brief dance for the believers in the audience and on a livestream, Musk came on the stage and showed only computer-generated images of a 5’8″ humanoid robot thathe claimed Tesla will produce a prototype of sometime next year. He inferred it could be used for manufacturing or boring repetitive tasks, like grocery shopping and will have a full self-driving computer.\nAs always with Musk and Tesla, the timeline is highly doubtful to anyone with basic knowledge of the technology in question. Fortunately, the antics did not fool everyone on Wall Street, some of whom may be getting tired of his shenanigans.\n“Unfortunately, as we have seen with robotaxis and other future sci-fi projects for Musk, we view this Tesla Bot as an absolute head scratcher that will further agitate investors at a time the Street is showing growing concern around rising EV competition and safety issues for Tesla,” said Dan Ives, a Wedbush Securities analyst, in a note to clients early Friday.\nThe safety issues Ives mentions are what investors should be attuned to right now, because it appears the government is finally stepping up and taking note of a problem this column has long pointed out: Musk repeatedly oversells the current and near-term potential for his automotive autonomy advanced technology.\nJust a day before Thursday’s “AI Day” spectacle,two U.S. senators asked the Federal Trade Commission to investigate both Tesla’s and Musk’s “repeated overstatements of their vehicles’ capabilities”in regards to the marketing of Tesla’s “Full Self Driving” product. Tesla charges thousands of dollars at purchase (or as little as $100 a month) for software that is nowhere near full self-driving, a practice that has already led toa recent review by California Department of Motor Vehiclesanda German ruling that Tesla could not market the product as such.\n“Language matters,” said Selika Talbott, a professorial lecturer in the department of public administration and policy at American University in Washington DC. “The use of this terminology is false and misleading and unsafe for the general public. The notions of assisted driving and autonomous vehicles and their differences are not fully understood by the general public.”\n“Tesla has highly assisted technology in their vehicle, but at no point should anyone behind the wheel think that vehicle can drive itself, because it can’t,” Talbott said.\nThe week began with news of a federal investigation into Tesla’s Autopilot system after cars using the feature crashed into stopped emergency vehicles.The National Highway Traffic Safety Administration is looking into a series of crashesby Tesla cars that had the advanced driver-assistance system enabled. NHTSA said that itopened an inquiry into 11 Tesla crashesthat involved emergency vehicles, while still investigating a series of collisions involving cars enabled with Advanced Driver Assistance Systems (ADAS) and tractor-trailers.\nThe latest outcry on Capitol Hill follows a stream of news reports and/or social media posts and YouTube videos of drivers engaging in extremely risky behavior while testing the so-called self-driving features of their Tesla. In May, Steven Michael Hendrickson,a 35-year-old father of two in Fontana, Calif., died when his Tesla hit an overturned semitruck. Earlier he had posted videos of driving without his hands on the wheel of his car on the freeway, but the NHTSA was still investigating the role of Autopilot in the crash.\n“The vehicles that Tesla is producing are driver-assisted systems,” said Bryan Reimer, a research scientist at the MIT Center for Transportation and Logistics. “They are assisting the driver, and the driver needs to maintain vigilance.”\nIt is important to note the difference between Tesla’s dual products with misleading names. “Autopilot” is an ADAS system, a highly advanced version of cruise control meant for highway driving that enables “your car to steer, accelerate and brake automatically within its lane under your active supervision, assisting with the most burdensome parts of driving,” according to Tesla’s website. Tesla also offers the “FSD” package, now available by a subscription of $99 to $199 a month, which it describes as “access to a suite of more advanced driver assistance features, designed to provide more active guidance and assisted driving under your active supervision.”\nIf only Musk described these systems in a similar manner to the official website. In analyst conference calls and in Tesla’s multi-hour long presentations to its fan base, Musk has been proclaiming that with this software, full autonomy is around the corner.\n“We basically have to solve real-world vision AI and we are,” he said in an earnings call in April. “And the key to solving this is also having some massive data set. So just having well over one million cars on the road that are collecting data… But I am highly confident that we will get this done.”\nBut for all of Musk’s bluster and huge fan base, investors are starting to note that the company’s tactics involving full self-driving technology are dangerous, as opposed to the other companies that are testing autonomous vehicles.\nFor example, Alphabet Inc.’sGOOGGOOGLWaymo, the company with the most hours of autonomous vehicle driving, is currently operating a small scale robotaxi service in parts of Arizona around Phoenix that are not densely populated, without human drivers. It is the only one of its kind in the U.S. In California, Waymo has permits from the DMV to conduct AV testing with a human driver behind the wheel.\n“Waymo cannot just start selling their AVs to anyone, and they can’t just drive them on the roadway, our regulatory system does not allow for that,” Talbott of American University said. “You can test them but no publicly available self-driving car is on the market for purchase because it doesn’t exist.”\nWith FSD testing being done in the real world with untrained drivers, Tesla is conducting the equivalent of clinical trials of a new drug without any professional hourly or daily monitoring of the patient.\n“They are calling it beta, it is a beta system, they are exposing people to substantive risk,” Reimer said.\nMusk’s latest bot is yet another distraction, much like the flame thrower in 2018 sold by his Boring Company, his unwanted assistance to try and help the boys stuck in a cave in Thailand, and other projects. Investors should not let these distractions get in the way of the real issues that Musk seems to be refusing to acknowledge as he continues to oversell his company’s technological abilities.","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3580016166379606","authorId":"3580016166379606","name":"JLUljs","avatar":"https://static.tigerbbs.com/16b88b4c5c83f1a751fffbd8db4211e2","crmLevel":3,"crmLevelSwitch":0,"idStr":"3580016166379606","authorIdStr":"3580016166379606"},"content":"Elon don't really care about the stock price though ??","text":"Elon don't really care about the stock price though ??","html":"Elon don't really care about the stock price though ??"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":894132977,"gmtCreate":1628810822599,"gmtModify":1676529859751,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.","listText":"no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.","text":"no good containment for the C19 delta virus yet. there are better stocks to buy than Abnb for now.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/894132977","repostId":"2159265031","repostType":4,"repost":{"id":"2159265031","kind":"highlight","weMediaInfo":{"introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"media_name":"Dow Jones","id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"pubTimestamp":1628809808,"share":"https://ttm.financial/m/news/2159265031?lang=&edition=fundamental","pubTime":"2021-08-13 07:10","market":"us","language":"en","title":"Airbnb earnings outperform pre-pandemic results, but forecast suggests it may not last","url":"https://stock-news.laohu8.com/highlight/detail?id=2159265031","media":"Dow Jones","summary":"Revenue nearly quadruples from last year and beats the same quarter in 2019 by 10%, but shares dip a","content":"<p>Revenue nearly quadruples from last year and beats the same quarter in 2019 by 10%, but shares dip after hours.</p>\n<p><img src=\"https://static.tigerbbs.com/fc6db6082c9033fbe962f7ca70484512\" tg-width=\"888\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a> didn't just stage a dramatic recovery from last year's pandemic-induced slowdown this spring -- it performed better than before COVID-19 upended everything.</p>\n<p>Airbnb reported Thursday that second-quarter revenue nearly quadrupled to $1.3 billion from $335 million in the year-ago quarter, beating analysts' expectation of $1.26 billion. That's up 299% year over year, and is a 10% increase from the second quarter of 2019.</p>\n<p>Gross booking value climbed to $13.4 billion, blowing past analysts' expectation of $11.56 billion. That's a 320% increase year over year, and a 37% improvement over the second quarter of 2019. Nights and experiences booked rose 197% year over year to 83.1 million, though they were down 1% from the same period in 2019.</p>\n<p>Airbnb also narrowed its loss to $68 million, or 11 cents a share, from a loss of $576 million, or $2.18 a share, in the year-ago period. Adjusted EBITDA was $217 million, which includes stock-based compensation and other costs. Analysts surveyed by FactSet had forecast a loss of $264 million, or 36 cents a share.</p>\n<p>The lodging-booking company's shares initially gained about 3% after hours Thursday, then dropped into negative territory. The stock rose 2% in the regular session to close at $151.15.</p>\n<p>Airbnb outperformed its biggest competitors in online travel booking, <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc , whose recently reported second-quarter revenue and gross bookings remained lower than 2019 levels. But, like Expedia and Booking, Airbnb cited continued uncertainty over the pandemic and the delta variant in not providing specific third-quarter guidance, though it expects some significant year-over-year improvements.</p>\n<p>\"Airbnb is leading the travel rebound,\" said Brian Chesky, chief executive of Airbnb.</p>\n<p>\"We expect Q3 2021 revenue to be our strongest quarterly revenue on record and to deliver the highest Adjusted EBITDA dollars and margin ever,\" Airbnb said in a letter to shareholders. Though the company expects bookings to grow year over year, it also expects them to decline from this year's second quarter and the same period in 2019.</p>\n<p>Shares of Airbnb are up 2% year to date, while the S&amp;P 500 Index has risen nearly 19% so far this year.</p>\n<p><img src=\"https://static.tigerbbs.com/5db97413f52a7dcda6f7a50adc3445fe\" tg-width=\"1069\" tg-height=\"792\" width=\"100%\" height=\"auto\"></p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Airbnb earnings outperform pre-pandemic results, but forecast suggests it may not last</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\">\nAirbnb earnings outperform pre-pandemic results, but forecast suggests it may not last\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2021-08-13 07:10</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<p>Revenue nearly quadruples from last year and beats the same quarter in 2019 by 10%, but shares dip after hours.</p>\n<p><img src=\"https://static.tigerbbs.com/fc6db6082c9033fbe962f7ca70484512\" tg-width=\"888\" tg-height=\"638\" width=\"100%\" height=\"auto\"></p>\n<p><a href=\"https://laohu8.com/S/ABNB\">Airbnb, Inc.</a> didn't just stage a dramatic recovery from last year's pandemic-induced slowdown this spring -- it performed better than before COVID-19 upended everything.</p>\n<p>Airbnb reported Thursday that second-quarter revenue nearly quadrupled to $1.3 billion from $335 million in the year-ago quarter, beating analysts' expectation of $1.26 billion. That's up 299% year over year, and is a 10% increase from the second quarter of 2019.</p>\n<p>Gross booking value climbed to $13.4 billion, blowing past analysts' expectation of $11.56 billion. That's a 320% increase year over year, and a 37% improvement over the second quarter of 2019. Nights and experiences booked rose 197% year over year to 83.1 million, though they were down 1% from the same period in 2019.</p>\n<p>Airbnb also narrowed its loss to $68 million, or 11 cents a share, from a loss of $576 million, or $2.18 a share, in the year-ago period. Adjusted EBITDA was $217 million, which includes stock-based compensation and other costs. Analysts surveyed by FactSet had forecast a loss of $264 million, or 36 cents a share.</p>\n<p>The lodging-booking company's shares initially gained about 3% after hours Thursday, then dropped into negative territory. The stock rose 2% in the regular session to close at $151.15.</p>\n<p>Airbnb outperformed its biggest competitors in online travel booking, <a href=\"https://laohu8.com/S/EXPE\">Expedia</a> Group Inc , whose recently reported second-quarter revenue and gross bookings remained lower than 2019 levels. But, like Expedia and Booking, Airbnb cited continued uncertainty over the pandemic and the delta variant in not providing specific third-quarter guidance, though it expects some significant year-over-year improvements.</p>\n<p>\"Airbnb is leading the travel rebound,\" said Brian Chesky, chief executive of Airbnb.</p>\n<p>\"We expect Q3 2021 revenue to be our strongest quarterly revenue on record and to deliver the highest Adjusted EBITDA dollars and margin ever,\" Airbnb said in a letter to shareholders. Though the company expects bookings to grow year over year, it also expects them to decline from this year's second quarter and the same period in 2019.</p>\n<p>Shares of Airbnb are up 2% year to date, while the S&amp;P 500 Index has risen nearly 19% so far this year.</p>\n<p><img src=\"https://static.tigerbbs.com/5db97413f52a7dcda6f7a50adc3445fe\" tg-width=\"1069\" tg-height=\"792\" width=\"100%\" height=\"auto\"></p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ABNB":"爱彼迎"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2159265031","content_text":"Revenue nearly quadruples from last year and beats the same quarter in 2019 by 10%, but shares dip after hours.\n\nAirbnb, Inc. didn't just stage a dramatic recovery from last year's pandemic-induced slowdown this spring -- it performed better than before COVID-19 upended everything.\nAirbnb reported Thursday that second-quarter revenue nearly quadrupled to $1.3 billion from $335 million in the year-ago quarter, beating analysts' expectation of $1.26 billion. That's up 299% year over year, and is a 10% increase from the second quarter of 2019.\nGross booking value climbed to $13.4 billion, blowing past analysts' expectation of $11.56 billion. That's a 320% increase year over year, and a 37% improvement over the second quarter of 2019. Nights and experiences booked rose 197% year over year to 83.1 million, though they were down 1% from the same period in 2019.\nAirbnb also narrowed its loss to $68 million, or 11 cents a share, from a loss of $576 million, or $2.18 a share, in the year-ago period. Adjusted EBITDA was $217 million, which includes stock-based compensation and other costs. Analysts surveyed by FactSet had forecast a loss of $264 million, or 36 cents a share.\nThe lodging-booking company's shares initially gained about 3% after hours Thursday, then dropped into negative territory. The stock rose 2% in the regular session to close at $151.15.\nAirbnb outperformed its biggest competitors in online travel booking, Expedia Group Inc , whose recently reported second-quarter revenue and gross bookings remained lower than 2019 levels. But, like Expedia and Booking, Airbnb cited continued uncertainty over the pandemic and the delta variant in not providing specific third-quarter guidance, though it expects some significant year-over-year improvements.\n\"Airbnb is leading the travel rebound,\" said Brian Chesky, chief executive of Airbnb.\n\"We expect Q3 2021 revenue to be our strongest quarterly revenue on record and to deliver the highest Adjusted EBITDA dollars and margin ever,\" Airbnb said in a letter to shareholders. Though the company expects bookings to grow year over year, it also expects them to decline from this year's second quarter and the same period in 2019.\nShares of Airbnb are up 2% year to date, while the S&P 500 Index has risen nearly 19% so far this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":189,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9994018822,"gmtCreate":1661529925568,"gmtModify":1676536536371,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Space travl","listText":"Space travl","text":"Space travl","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9994018822","repostId":"1186232315","repostType":4,"isVote":1,"tweetType":1,"viewCount":594,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":110699605,"gmtCreate":1622446199007,"gmtModify":1704184534980,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"i dollar cost average instead of wait for a correction.","listText":"i dollar cost average instead of wait for a correction.","text":"i dollar cost average instead of wait for a correction.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/110699605","repostId":"2139846784","repostType":4,"repost":{"id":"2139846784","kind":"highlight","pubTimestamp":1622443432,"share":"https://ttm.financial/m/news/2139846784?lang=&edition=fundamental","pubTime":"2021-05-31 14:43","market":"us","language":"en","title":"Life might feel more certain this summer, but betting on a calm stock market still could go wrong","url":"https://stock-news.laohu8.com/highlight/detail?id=2139846784","media":"MarketWatch","summary":"Record margin balances to messy economic data may keep investors holding their breath\nMarketWatch ph","content":"<p>Record margin balances to messy economic data may keep investors holding their breath</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/97571262d772880c7c6fda7d97eaa022\" tg-width=\"1260\" tg-height=\"876\"><span>MarketWatch photo illustration/iStockphoto</span></p>\n<p>Let your shoulders relax. Breath. Take a minute.</p>\n<p>This weekend marks the unofficial start of summer in the U.S., kicking off what could easily be the first real shot for many to get away since the start of COVID crisis, as restrictions in the U.S. fade and vaccinations accelerate.</p>\n<p>But the period after Memorial Day also could see exacerbated swings in stocks and other financial assets for a few months, as market participation thins out, as more people take time off, and if other percolating factors come to a tipping point.</p>\n<p>\"A lot of people probably will be going on more European summers,\" said Nancy Davis, founder of Quadratic Capital Management about Wall Street participants, particularly with \"more folks mandating people come back to the office in the fall.\"</p>\n<p>JPMorgan Chase &amp; C after labor Day.</p>\n<p>\"With less market participation than usual it could mean nothing happens,\" Davis told MarketWatch. \"But if there are not that many market-makers out there, markets are pretty fragile liquidity-wise.\"</p>\n<p>Davis, a former Goldman Sachs banker, plans to stick close to home this summer, but does expect occasional pockets of volatility. She's a portfolio manager and the brains behind , a fund that aims to act as a \"hedge against corrections in equity and real estate.\"</p>\n<p>\"I can see market volatility being episodic,\" she said.</p>\n<p>The months of May, June, July and August should feel calmer, now that 51% of U.S. adults .</p>\n<p>Back then, the focus still was on improving impromptu home offices and coping with the pandemic by largely avoiding others. Investors now wanting a reason to unplug won't have to look very hard.</p>\n<p>Nearly 70 years of data, compiled in this chart by Bespoke Investment Group, shows a historical pattern of pretty flat trading for the S&amp;P 500 index on a one-month average in summer months.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c9735a6ee4401e81a4e20acdde264fdb\" tg-width=\"1260\" tg-height=\"719\"><span>S&amp;P 500's typical chill out BESPOKE INVESTMENT GROUP CHART FOR MARKETWATCH</span></p>\n<p>Stock-market price volatility and the Cboe Volatility Index , or Wall Street \"fear gauge,\" also have been below average activity in summer months since 2000, according to this chart from Darren Schuringa, chief executive of ASYMmetric ETFs <a href=\"https://laohu8.com/S/ASPY\">$(ASPY)$</a> in New York.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ca176df35c03412aabfec4529261ea42\" tg-width=\"1259\" tg-height=\"841\"><span>Summer lulls DARREN SCHURINGA, ASYMMETRIC ETFS</span></p>\n<p>The VIX tracks options trading on the S&amp;P 500 index to measure expectations for stock turbulence over the coming 30 days. ASYMmetric's price volatility metric looks at changes in share price for the index, \"rather than what spectators think\" could happen with prices, Schuringa said.</p>\n<p><b>Surprise!</b></p>\n<p>That sounds reassuring, right? Here comes the hard part; the things that might be unwise to ignore.</p>\n<p>\"We have a lot more certainty about our ability to stay healthy when we go out. Our lives have more certainty,\" said Luke Tilley, head of asset allocation and chief economist at Wilmington Trust. \"But there's not necessarily more certainty in markets.\"</p>\n<p>\"I see several drivers that could lead to equity market volatility over the summertime,\" Tilley told MarketWatch, pointing to a high likelihood of more surprises in coming economic data.</p>\n<p>While there won't be any data released Monday as U.S. markets will be closed for the Memorial Day holiday, and U.K. markets will also be closed for the Spring bank holiday, Tuesday through Thursday will see a raft of updates on U.S. manufacturing, construction spending, vehicle sales and the Federal Reserve's Beige Book.</p>\n<p>The big <a href=\"https://laohu8.com/S/AONE.U\">one</a> to watch will be Friday's May nonfarm payrolls, after hiring in April ending up being a huge disappointment .</p>\n<p>\"We think it is tracking toward another disappointing number possibly,\" Tilly said of the coming jobs report, in part because of the \"mismatch\" between skills and areas of hiring now open.</p>\n<p>\"Labor markets don't adjust quickly,\" he said, adding that it can take months or years to retrain some workers, not weeks.</p>\n<p><b>Margin calls?</b></p>\n<p>Clearly, economic data matters in terms of how soon the Federal Reserve might look to start revising it's easy-monetary policies, which also could have big implications for markets, including on longer-dated Treasury yields .</p>\n<p>But Schuringa, whose funds use a long/short strategy to provide individual investors with protection in bear markets, thinks other factors could make this summer unlike any other.</p>\n<p>\"U.S. margin balances are at record highs right now,\" he said, referring to the amount of money investors have borrowed to buy stocks. \"That's No. 1. We've never seen it anywhere near $800 billion.\"</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/55e76ffe5c64b4b45b0c98051fa9aa6c\" tg-width=\"1260\" tg-height=\"623\"><span>Record U.S. margin levels ASYMMETRIC ETFS</span></p>\n<p>\"If you look historically at margin balances, they peak just before major market corrections,\" Schuringa said.</p>\n<p>He also sees potential for fallout if there's further turbulence in crypto .</p>\n<p>\"This is gambling,\" Schuringa said, adding that it's \"not investing\" or rooted in the idea of wealth accumulation through capital preservation. \"I think there will be elevated volatility through the summer because of increased speculation.\"</p>","source":"lsy1603348471595","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>Life might feel more certain this summer, but betting on a calm stock market still could go wrong</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\">\nLife might feel more certain this summer, but betting on a calm stock market still could go wrong\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-31 14:43 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.marketwatch.com/story/life-might-feel-more-certain-this-summer-but-betting-on-a-calm-stock-market-still-could-go-wrong-11622294240?mod=home-page><strong>MarketWatch</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Record margin balances to messy economic data may keep investors holding their breath\nMarketWatch photo illustration/iStockphoto\nLet your shoulders relax. Breath. Take a minute.\nThis weekend marks the...</p>\n\n<a href=\"https://www.marketwatch.com/story/life-might-feel-more-certain-this-summer-but-betting-on-a-calm-stock-market-still-could-go-wrong-11622294240?mod=home-page\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"ASPY":"ASYMshares ASYMmetric 500 ETF",".SPX":"S&P 500 Index","GS":"高盛","GME":"游戏驿站","AMC":"AMC院线","BAC":"美国银行","IVOL":"Quadratic Interest Rate Volatility and Inflation Hedge ETF",".DJI":"道琼斯","JPM":"摩根大通",".IXIC":"NASDAQ Composite"},"source_url":"https://www.marketwatch.com/story/life-might-feel-more-certain-this-summer-but-betting-on-a-calm-stock-market-still-could-go-wrong-11622294240?mod=home-page","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2139846784","content_text":"Record margin balances to messy economic data may keep investors holding their breath\nMarketWatch photo illustration/iStockphoto\nLet your shoulders relax. Breath. Take a minute.\nThis weekend marks the unofficial start of summer in the U.S., kicking off what could easily be the first real shot for many to get away since the start of COVID crisis, as restrictions in the U.S. fade and vaccinations accelerate.\nBut the period after Memorial Day also could see exacerbated swings in stocks and other financial assets for a few months, as market participation thins out, as more people take time off, and if other percolating factors come to a tipping point.\n\"A lot of people probably will be going on more European summers,\" said Nancy Davis, founder of Quadratic Capital Management about Wall Street participants, particularly with \"more folks mandating people come back to the office in the fall.\"\nJPMorgan Chase & C after labor Day.\n\"With less market participation than usual it could mean nothing happens,\" Davis told MarketWatch. \"But if there are not that many market-makers out there, markets are pretty fragile liquidity-wise.\"\nDavis, a former Goldman Sachs banker, plans to stick close to home this summer, but does expect occasional pockets of volatility. She's a portfolio manager and the brains behind , a fund that aims to act as a \"hedge against corrections in equity and real estate.\"\n\"I can see market volatility being episodic,\" she said.\nThe months of May, June, July and August should feel calmer, now that 51% of U.S. adults .\nBack then, the focus still was on improving impromptu home offices and coping with the pandemic by largely avoiding others. Investors now wanting a reason to unplug won't have to look very hard.\nNearly 70 years of data, compiled in this chart by Bespoke Investment Group, shows a historical pattern of pretty flat trading for the S&P 500 index on a one-month average in summer months.\nS&P 500's typical chill out BESPOKE INVESTMENT GROUP CHART FOR MARKETWATCH\nStock-market price volatility and the Cboe Volatility Index , or Wall Street \"fear gauge,\" also have been below average activity in summer months since 2000, according to this chart from Darren Schuringa, chief executive of ASYMmetric ETFs $(ASPY)$ in New York.\nSummer lulls DARREN SCHURINGA, ASYMMETRIC ETFS\nThe VIX tracks options trading on the S&P 500 index to measure expectations for stock turbulence over the coming 30 days. ASYMmetric's price volatility metric looks at changes in share price for the index, \"rather than what spectators think\" could happen with prices, Schuringa said.\nSurprise!\nThat sounds reassuring, right? Here comes the hard part; the things that might be unwise to ignore.\n\"We have a lot more certainty about our ability to stay healthy when we go out. Our lives have more certainty,\" said Luke Tilley, head of asset allocation and chief economist at Wilmington Trust. \"But there's not necessarily more certainty in markets.\"\n\"I see several drivers that could lead to equity market volatility over the summertime,\" Tilley told MarketWatch, pointing to a high likelihood of more surprises in coming economic data.\nWhile there won't be any data released Monday as U.S. markets will be closed for the Memorial Day holiday, and U.K. markets will also be closed for the Spring bank holiday, Tuesday through Thursday will see a raft of updates on U.S. manufacturing, construction spending, vehicle sales and the Federal Reserve's Beige Book.\nThe big one to watch will be Friday's May nonfarm payrolls, after hiring in April ending up being a huge disappointment .\n\"We think it is tracking toward another disappointing number possibly,\" Tilly said of the coming jobs report, in part because of the \"mismatch\" between skills and areas of hiring now open.\n\"Labor markets don't adjust quickly,\" he said, adding that it can take months or years to retrain some workers, not weeks.\nMargin calls?\nClearly, economic data matters in terms of how soon the Federal Reserve might look to start revising it's easy-monetary policies, which also could have big implications for markets, including on longer-dated Treasury yields .\nBut Schuringa, whose funds use a long/short strategy to provide individual investors with protection in bear markets, thinks other factors could make this summer unlike any other.\n\"U.S. margin balances are at record highs right now,\" he said, referring to the amount of money investors have borrowed to buy stocks. \"That's No. 1. We've never seen it anywhere near $800 billion.\"\nRecord U.S. margin levels ASYMMETRIC ETFS\n\"If you look historically at margin balances, they peak just before major market corrections,\" Schuringa said.\nHe also sees potential for fallout if there's further turbulence in crypto .\n\"This is gambling,\" Schuringa said, adding that it's \"not investing\" or rooted in the idea of wealth accumulation through capital preservation. \"I think there will be elevated volatility through the summer because of increased speculation.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":176,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":831606676,"gmtCreate":1629306506695,"gmtModify":1676529999155,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&amp;P 500 by so much :(","listText":"wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&amp;P 500 by so much :(","text":"wasted 8 months of waiting for profit, i bought tesla in Dec 2020 and the stock under performed S&P 500 by so much :(","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/831606676","repostId":"2160737913","repostType":4,"repost":{"id":"2160737913","kind":"highlight","pubTimestamp":1629300419,"share":"https://ttm.financial/m/news/2160737913?lang=&edition=fundamental","pubTime":"2021-08-18 23:26","market":"us","language":"en","title":"Why Tesla Stock Is Up Sharply on Wednesday","url":"https://stock-news.laohu8.com/highlight/detail?id=2160737913","media":"Motley Fool","summary":"Did the stock's sell-off earlier this week go too far?","content":"<h2>What happened</h2>\n<p>Shares of electric vehicle maker <b><a href=\"https://laohu8.com/S/TSLA\">Tesla Motors</a></b> are up sharply on Wednesday. As of 10:30 a.m. EDT, the stock had risen 3.5%.</p>\n<p>There doesn't seem to be any material news behind the stock's move. But shares might be rebounding from a sell-off on Monday and Tuesday.</p>\n<p><img src=\"https://g.foolcdn.com/image/?url=https%3A%2F%2Fg.foolcdn.com%2Feditorial%2Fimages%2F639784%2Fwhy-tesla-stock-jumped.jpg&amp;w=700&amp;op=resize\" tg-width=\"700\" tg-height=\"463\" referrerpolicy=\"no-referrer\" width=\"100%\" height=\"auto\"></p>\n<p>Image source: Getty Images.</p>\n<h2>So what</h2>\n<p>Shares of Tesla had slid a total of 7% on Monday and Tuesday amid news that the National Highway Traffic Safety Administration had opened a formal safety probe into Tesla's driver-assist technology, Autopilot.</p>\n<p>Perhaps some investors think the decline in the electric vehicle's stock went too far and are buying shares after the recent pullback. It's also possible that some investors who were shorting the stock are taking their gains and closing out some of their bets against shares by covering their positions.</p>\n<p>Whatever the reason for the sharp gain today, there seems to be some technical support for the stock in the $670 and $680 range for now.</p>\n<h2>Now what</h2>\n<p>Tesla stock has been an underperformer in 2021. Shares are down 2.5% year to date, even as the<b> <a href=\"https://laohu8.com/S/.SPX\">S&amp;P 500</a></b> has risen nearly 19%. But the automaker's business has been doing well. The company reported more than $1 billion in quarterly unadjusted net income for the first time in the second quarter. In addition, management reiterated expectations for deliveries to rise more than 50% this year.</p>","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>Why Tesla Stock Is Up Sharply on Wednesday</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 Tesla Stock Is Up Sharply on Wednesday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-18 23:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/08/18/why-tesla-stock-is-up-sharply-on-wednesday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>What happened\nShares of electric vehicle maker Tesla Motors are up sharply on Wednesday. As of 10:30 a.m. EDT, the stock had risen 3.5%.\nThere doesn't seem to be any material news behind the stock's ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/08/18/why-tesla-stock-is-up-sharply-on-wednesday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".SPX":"S&P 500 Index","TSLA":"特斯拉"},"source_url":"https://www.fool.com/investing/2021/08/18/why-tesla-stock-is-up-sharply-on-wednesday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2160737913","content_text":"What happened\nShares of electric vehicle maker Tesla Motors are up sharply on Wednesday. As of 10:30 a.m. EDT, the stock had risen 3.5%.\nThere doesn't seem to be any material news behind the stock's move. But shares might be rebounding from a sell-off on Monday and Tuesday.\n\nImage source: Getty Images.\nSo what\nShares of Tesla had slid a total of 7% on Monday and Tuesday amid news that the National Highway Traffic Safety Administration had opened a formal safety probe into Tesla's driver-assist technology, Autopilot.\nPerhaps some investors think the decline in the electric vehicle's stock went too far and are buying shares after the recent pullback. It's also possible that some investors who were shorting the stock are taking their gains and closing out some of their bets against shares by covering their positions.\nWhatever the reason for the sharp gain today, there seems to be some technical support for the stock in the $670 and $680 range for now.\nNow what\nTesla stock has been an underperformer in 2021. Shares are down 2.5% year to date, even as the S&P 500 has risen nearly 19%. But the automaker's business has been doing well. The company reported more than $1 billion in quarterly unadjusted net income for the first time in the second quarter. In addition, management reiterated expectations for deliveries to rise more than 50% this year.","news_type":1},"isVote":1,"tweetType":1,"viewCount":270,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9048727348,"gmtCreate":1656269829384,"gmtModify":1676535794517,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Yes good idea","listText":"Yes good idea","text":"Yes good idea","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9048727348","repostId":"1134361631","repostType":2,"repost":{"id":"1134361631","kind":"news","pubTimestamp":1656239754,"share":"https://ttm.financial/m/news/1134361631?lang=&edition=fundamental","pubTime":"2022-06-26 18:35","market":"us","language":"en","title":"Got $5,000? Buy and Hold These 3 Value Stocks for Years","url":"https://stock-news.laohu8.com/highlight/detail?id=1134361631","media":"Motley Fool","summary":"KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advan","content":"<html><head></head><body><p>KEY POINTS</p><ul><li>Meta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.</li><li>Micron trades near multiyear low multiples of its book value.</li><li>Bank of America can weather any storm and benefits from higher rates.</li></ul><p>In tough times, buying stocks with staying power at low prices can help you sleep at night and hold for the long term.</p><p>In a brutal bear market, one of the things that may allow you to sleep well at night is investing in value stocks. Value is a somewhat relative term, but generally, it denotes low-priced stocks based on a multiple of earnings or book value. While high-flying growth stocks trading at lofty multiples have huge downside potential if sentiment changes around their prospects, value stocks have a more solid ground on which to stand.</p><p>Right now, the following high-quality stocks have fallen to bargain levels. While their prices could fall further from here and results could suffer in the near term, these are resilient companies that should bounce back eventually, making them solid long-term picks for your portfolio today.</p><p><a href=\"https://laohu8.com/S/META\">Meta Platforms</a></p><p>Warren Buffett once said, &#34;You pay a high price for a cheery consensus,&#34; and you couldn&#39;t get a less cheery consensus than investors have on Meta Platforms (META 7.19%) right now. Perhaps that&#39;s why the dominant social media platform with outstanding financial characteristics trades at less than 12 times earnings.</p><p>Meta&#39;s problems are many. Last year&#39;s iOS changes to Apple&#39;s Identity for Advertisers made Facebook&#39;s ad targeting less precise; ditto for a recent settlement with federal housing officials on Tuesday, by which Facebook will have to change its algorithms on housing, employment, and credit, to exclude certain characteristics around race, religion, and sex. These new regulations threaten Facebook&#39;s price per ad, since ads in these areas will be less targeted.</p><p>Then there&#39;s the TikTok threat. The ascendant short-video app has been eating into teenagers&#39; online engagement, at the expense of Facebook and Instagram. Meta&#39;s response? To make its app look more like TikTok. Management has been rolling out new changes to Facebook, which include showing more TikTok-like Reels, specifically from creators and not just immediate friends and family. A final change includes reintegrating Messenger into Facebook to mimic TikTok&#39;s messaging functionality.</p><p>Finally, investors have also soured on the company&#39;s metaverse bet; if we are in fact going into a slowdown or recession, as some predict, then spending tens of billions of dollars with no payoff for five or 10 years is not what investors want to see.</p><p>Yet if one is really looking out years, Meta&#39;s stock seems awfully cheap, and it has a history of successfully adapting its platform to counter rivals. In fact, backing out the company&#39;s losses from its Reality Labs metaverse segment, and operating profits would have been about 25% higher last quarter. That essentially means if the company stopped investing in the metaverse, it would trade around 10 times earnings. Meanwhile, Meta still had $44 billion in cash on its balance sheet, and it continues to repurchase stock. Meta&#39;s huge cash flows should also allow it to outspend TikTok in attracting creators to make more high-quality Reels for Facebook to counter TikTok&#39;s recent success.</p><p>Meanwhile, the overall digital advertising segment is still growing strongly, so even if Meta loses market share, it should still grow. And of course, there is always the possibility Facebook&#39;s new Reels feature actually finds success, just as Stories eventually defended Meta&#39;s platform against Snap. If that happens, shares could go significantly higher, as long as we don&#39;t have a long and deep recession.</p><p><a href=\"https://laohu8.com/S/MU\">Micron Technology</a></p><p>Micron Technology is one of only three manufacturers of DRAM memory and one of five manufacturers of NAND flash storage chips, with huge barriers to entry in this capital and research-intensive sector. Furthermore, the memory industry is set to grow over the long term, as memory use is growing not only in PCs an smartphones, but increasingly in memory-hungry data centers, industrial applications, and electric and autonomous vehicles. Moreover, Micron has been outperforming the industry in recent years, reaching today&#39;s most leading-edge nodes before rivals.</p><p>Yet when fears of a recession are in the air, Micron tends to sell off to very cheap levels. That&#39;s the case today, with the stock at around 1.3 times book value, and just seven times trailing earnings. Of course, since the price of memory fluctuates, Micron&#39;s cyclicality means its low P/E ratio doesn&#39;t tell us much. However, Micron&#39;s price-to-book ratio is now in the neighborhood of previous troughs.</p><p>Not only that, but as you can see, Micron&#39;s price-to-book valuation tends to bottom out at a higher level with each passing cycle. This is because greater and greater scale, consolidation among top memory producers over time, and the increasing difficulty of producing leading-edge supply has made memory companies more profitable, with margins reaching higher highs and lows through each cycle.</p><p>Not only that, but Micron&#39;s book value is also understated at the moment. The company is set to report its fiscal third-quarter earnings on June 30, in which it&#39;s expected to earn $2.46 per share. Subtracting out its $0.10 dividend, Micron should probably add about $2.36 to its book value per share, which would probably bring Micron&#39;s book value to around $45 at present. That means the current price-to-book ratio is really around 1.25.</p><p>No doubt, the next few quarters could be rough. But for long-term investors, this valuation could end up being a nice entry point, given the long-term growth trajectory for memory chips.</p><p><a href=\"https://laohu8.com/S/BAC\">Bank of America</a></p><p>Another stock that has cratered on cyclical fears is Bank of America (BAC 0.72%), which is Buffett&#39;s favorite bank. Bank of America currently trades at just 9.3 times earnings because of fears of an oncoming recession; however, the company is well positioned to ride out any particular storm. CEO Brian Moynihan has pursued a strategy of &#34;smart growth,&#34; selectively growing the business while keeping risk low. Charge-offs are currently near historic lows for the bank, and BofA&#39;s balance sheet is sound, with a Common Equity Tier 1 ratio of 10.4%.</p><p>Moreover, Bank of America&#39;s lending-centric model is more interest rate sensitive than most other large banks. Management said in its first-quarter presentation that a 100-basis-point parallel increase in rates would add about $5.4 billion in net interest income to the bank&#39;s revenues over 12 months, a 12% increase over its trailing 12-month figure. As mortgages and other rates have climbed recently, Bank of America should benefit, as that extra interest income will fall to its bottom line. While the bank&#39;s investment banking wing is currently suffering from a lack of new IPOs and debt issuances, Bank of America is less exposed there than are other large money-center banks.</p><p>The company also continues to wring costs out of its system, with non-financial expenses decreasing 1% compared with last year&#39;s first quarter, despite an increase in salaries. This has been a pleasant ongoing theme, as Bank of America continues to benefit from lower costs brought on through digital transformation. These cost reductions occurred even as the bank continued to grow its loan book 10% last quarter.</p><p>In all, Bank of America looks really cheap, but even if the worst happens, it looks as if it can weather the storm. Meanwhile, shareholders will continue to receive its 2.6% and growing dividend, along with share repurchases while they wait for the economic cycle to turn more positive.</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>Got $5,000? Buy and Hold These 3 Value Stocks for Years</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\">\nGot $5,000? Buy and Hold These 3 Value Stocks for Years\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-06-26 18:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.Micron trades near multiyear low multiples of its book value.Bank of America can weather any ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"MU":"美光科技","META":"Meta Platforms, Inc.","BAC":"美国银行"},"source_url":"https://www.fool.com/investing/2022/06/26/got-5000-buy-and-hold-these-3-value-stocks-for-yea/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1134361631","content_text":"KEY POINTSMeta Platforms has a lot of problems, but its stock is too cheap given its scale and advantages.Micron trades near multiyear low multiples of its book value.Bank of America can weather any storm and benefits from higher rates.In tough times, buying stocks with staying power at low prices can help you sleep at night and hold for the long term.In a brutal bear market, one of the things that may allow you to sleep well at night is investing in value stocks. Value is a somewhat relative term, but generally, it denotes low-priced stocks based on a multiple of earnings or book value. While high-flying growth stocks trading at lofty multiples have huge downside potential if sentiment changes around their prospects, value stocks have a more solid ground on which to stand.Right now, the following high-quality stocks have fallen to bargain levels. While their prices could fall further from here and results could suffer in the near term, these are resilient companies that should bounce back eventually, making them solid long-term picks for your portfolio today.Meta PlatformsWarren Buffett once said, \"You pay a high price for a cheery consensus,\" and you couldn't get a less cheery consensus than investors have on Meta Platforms (META 7.19%) right now. Perhaps that's why the dominant social media platform with outstanding financial characteristics trades at less than 12 times earnings.Meta's problems are many. Last year's iOS changes to Apple's Identity for Advertisers made Facebook's ad targeting less precise; ditto for a recent settlement with federal housing officials on Tuesday, by which Facebook will have to change its algorithms on housing, employment, and credit, to exclude certain characteristics around race, religion, and sex. These new regulations threaten Facebook's price per ad, since ads in these areas will be less targeted.Then there's the TikTok threat. The ascendant short-video app has been eating into teenagers' online engagement, at the expense of Facebook and Instagram. Meta's response? To make its app look more like TikTok. Management has been rolling out new changes to Facebook, which include showing more TikTok-like Reels, specifically from creators and not just immediate friends and family. A final change includes reintegrating Messenger into Facebook to mimic TikTok's messaging functionality.Finally, investors have also soured on the company's metaverse bet; if we are in fact going into a slowdown or recession, as some predict, then spending tens of billions of dollars with no payoff for five or 10 years is not what investors want to see.Yet if one is really looking out years, Meta's stock seems awfully cheap, and it has a history of successfully adapting its platform to counter rivals. In fact, backing out the company's losses from its Reality Labs metaverse segment, and operating profits would have been about 25% higher last quarter. That essentially means if the company stopped investing in the metaverse, it would trade around 10 times earnings. Meanwhile, Meta still had $44 billion in cash on its balance sheet, and it continues to repurchase stock. Meta's huge cash flows should also allow it to outspend TikTok in attracting creators to make more high-quality Reels for Facebook to counter TikTok's recent success.Meanwhile, the overall digital advertising segment is still growing strongly, so even if Meta loses market share, it should still grow. And of course, there is always the possibility Facebook's new Reels feature actually finds success, just as Stories eventually defended Meta's platform against Snap. If that happens, shares could go significantly higher, as long as we don't have a long and deep recession.Micron TechnologyMicron Technology is one of only three manufacturers of DRAM memory and one of five manufacturers of NAND flash storage chips, with huge barriers to entry in this capital and research-intensive sector. Furthermore, the memory industry is set to grow over the long term, as memory use is growing not only in PCs an smartphones, but increasingly in memory-hungry data centers, industrial applications, and electric and autonomous vehicles. Moreover, Micron has been outperforming the industry in recent years, reaching today's most leading-edge nodes before rivals.Yet when fears of a recession are in the air, Micron tends to sell off to very cheap levels. That's the case today, with the stock at around 1.3 times book value, and just seven times trailing earnings. Of course, since the price of memory fluctuates, Micron's cyclicality means its low P/E ratio doesn't tell us much. However, Micron's price-to-book ratio is now in the neighborhood of previous troughs.Not only that, but as you can see, Micron's price-to-book valuation tends to bottom out at a higher level with each passing cycle. This is because greater and greater scale, consolidation among top memory producers over time, and the increasing difficulty of producing leading-edge supply has made memory companies more profitable, with margins reaching higher highs and lows through each cycle.Not only that, but Micron's book value is also understated at the moment. The company is set to report its fiscal third-quarter earnings on June 30, in which it's expected to earn $2.46 per share. Subtracting out its $0.10 dividend, Micron should probably add about $2.36 to its book value per share, which would probably bring Micron's book value to around $45 at present. That means the current price-to-book ratio is really around 1.25.No doubt, the next few quarters could be rough. But for long-term investors, this valuation could end up being a nice entry point, given the long-term growth trajectory for memory chips.Bank of AmericaAnother stock that has cratered on cyclical fears is Bank of America (BAC 0.72%), which is Buffett's favorite bank. Bank of America currently trades at just 9.3 times earnings because of fears of an oncoming recession; however, the company is well positioned to ride out any particular storm. CEO Brian Moynihan has pursued a strategy of \"smart growth,\" selectively growing the business while keeping risk low. Charge-offs are currently near historic lows for the bank, and BofA's balance sheet is sound, with a Common Equity Tier 1 ratio of 10.4%.Moreover, Bank of America's lending-centric model is more interest rate sensitive than most other large banks. Management said in its first-quarter presentation that a 100-basis-point parallel increase in rates would add about $5.4 billion in net interest income to the bank's revenues over 12 months, a 12% increase over its trailing 12-month figure. As mortgages and other rates have climbed recently, Bank of America should benefit, as that extra interest income will fall to its bottom line. While the bank's investment banking wing is currently suffering from a lack of new IPOs and debt issuances, Bank of America is less exposed there than are other large money-center banks.The company also continues to wring costs out of its system, with non-financial expenses decreasing 1% compared with last year's first quarter, despite an increase in salaries. This has been a pleasant ongoing theme, as Bank of America continues to benefit from lower costs brought on through digital transformation. These cost reductions occurred even as the bank continued to grow its loan book 10% last quarter.In all, Bank of America looks really cheap, but even if the worst happens, it looks as if it can weather the storm. Meanwhile, shareholders will continue to receive its 2.6% and growing dividend, along with share repurchases while they wait for the economic cycle to turn more positive.","news_type":1},"isVote":1,"tweetType":1,"viewCount":301,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880991930,"gmtCreate":1631005997120,"gmtModify":1676530440354,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"the boss of SEA is the wealthiest person in singapore&nbsp;","listText":"the boss of SEA is the wealthiest person in singapore&nbsp;","text":"the boss of SEA is the wealthiest person in singapore","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880991930","repostId":"1190153270","repostType":4,"repost":{"id":"1190153270","kind":"news","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":1631002085,"share":"https://ttm.financial/m/news/1190153270?lang=&edition=fundamental","pubTime":"2021-09-07 16:08","market":"us","language":"en","title":"Sea reached record high in pre-market trading","url":"https://stock-news.laohu8.com/highlight/detail?id=1190153270","media":"Tiger Newspress","summary":"(Sept 7) Sea reached record high in pre-market trading Tuesday.\nSea Ltd's Shopee is preparing to lau","content":"<p>(Sept 7)&nbsp;Sea reached record high in pre-market trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/a4e4b0288d320c178ce3ce27e45bdb98\" tg-width=\"1057\" tg-height=\"527\" referrerpolicy=\"no-referrer\">Sea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.</p>\n<p>The move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region.</p>\n<p>Shopee is simultaneously preparing to launch in India, Reuters reported last week, after aggressively expanding in Latin America since earlier this year.</p>\n<p>One of the sources told Reuters that Shopee is cautiously scaling up its global expansion by testing out possible new markets.</p>\n<p>The two sources, who requested anonymity because they were not authorised to speak to media, said Shopee will also launch in Argentina in the coming months.</p>\n<p>The firm is already the dominant player in e-commerce in Southeast Asia, according to market researchers, bringing in $1.2 billion globally in revenue for the quarter ending June 30.</p>\n<p>Polish news website Wiadomoscihandlowe.pl first reported the Shopee expansion into Poland. Sea did not immediately answer a Reuters request for comment.</p>\n<p>Market research firm Euromonitor estimates the Polish e-commerce market to be worth 16 billion euros ($19 billion), with significant room for growth compared to Western countries.</p>\n<p>Amazon launched its local website this year, while the biggest home e-commerce firm Allegro is ramping up installation of its own parcel lockers.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea reached record high in pre-market 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\">\nSea reached record high in pre-market 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\">2021-09-07 16:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>(Sept 7)&nbsp;Sea reached record high in pre-market trading&nbsp;Tuesday.</p>\n<p><img src=\"https://static.tigerbbs.com/a4e4b0288d320c178ce3ce27e45bdb98\" tg-width=\"1057\" tg-height=\"527\" referrerpolicy=\"no-referrer\">Sea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.</p>\n<p>The move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region.</p>\n<p>Shopee is simultaneously preparing to launch in India, Reuters reported last week, after aggressively expanding in Latin America since earlier this year.</p>\n<p>One of the sources told Reuters that Shopee is cautiously scaling up its global expansion by testing out possible new markets.</p>\n<p>The two sources, who requested anonymity because they were not authorised to speak to media, said Shopee will also launch in Argentina in the coming months.</p>\n<p>The firm is already the dominant player in e-commerce in Southeast Asia, according to market researchers, bringing in $1.2 billion globally in revenue for the quarter ending June 30.</p>\n<p>Polish news website Wiadomoscihandlowe.pl first reported the Shopee expansion into Poland. Sea did not immediately answer a Reuters request for comment.</p>\n<p>Market research firm Euromonitor estimates the Polish e-commerce market to be worth 16 billion euros ($19 billion), with significant room for growth compared to Western countries.</p>\n<p>Amazon launched its local website this year, while the biggest home e-commerce firm Allegro is ramping up installation of its own parcel lockers.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1190153270","content_text":"(Sept 7) Sea reached record high in pre-market trading Tuesday.\nSea Ltd's Shopee is preparing to launch in Poland and is currently recruiting sellers, two company sources with knowledge of the matter told Reuters.\nThe move will be the first expansion into European e-commerce for the $190 billion Singapore-headquartered technology group, whose gaming arm Garena is already active in the region.\nShopee is simultaneously preparing to launch in India, Reuters reported last week, after aggressively expanding in Latin America since earlier this year.\nOne of the sources told Reuters that Shopee is cautiously scaling up its global expansion by testing out possible new markets.\nThe two sources, who requested anonymity because they were not authorised to speak to media, said Shopee will also launch in Argentina in the coming months.\nThe firm is already the dominant player in e-commerce in Southeast Asia, according to market researchers, bringing in $1.2 billion globally in revenue for the quarter ending June 30.\nPolish news website Wiadomoscihandlowe.pl first reported the Shopee expansion into Poland. Sea did not immediately answer a Reuters request for comment.\nMarket research firm Euromonitor estimates the Polish e-commerce market to be worth 16 billion euros ($19 billion), with significant room for growth compared to Western countries.\nAmazon launched its local website this year, while the biggest home e-commerce firm Allegro is ramping up installation of its own parcel lockers.","news_type":1},"isVote":1,"tweetType":1,"viewCount":280,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":161331290,"gmtCreate":1623904359910,"gmtModify":1703823141218,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"i can 'follow' his portfolio n ride on his success&nbsp;","listText":"i can 'follow' his portfolio n ride on his success&nbsp;","text":"i can 'follow' his portfolio n ride on his success","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/161331290","repostId":"2143379379","repostType":4,"repost":{"id":"2143379379","kind":"highlight","pubTimestamp":1623893744,"share":"https://ttm.financial/m/news/2143379379?lang=&edition=fundamental","pubTime":"2021-06-17 09:35","market":"us","language":"en","title":"These 10 Stocks Make Up 85% of Warren Buffett's Portfolio","url":"https://stock-news.laohu8.com/highlight/detail?id=2143379379","media":"Motley Fool","summary":"Diversification isn't necessary if you know what you're doing, according to the Oracle of Omaha.","content":"<p>If you've ever wondered why <b>Berkshire Hathaway</b> (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!</p>\n<p>What's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.</p>\n<p>Another source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/601f21f3cc2f9e5524bd5d613063faa2\" tg-width=\"700\" tg-height=\"466\"><span>Berkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.</span></p>\n<h2>1. Apple: $115.6 billion</h2>\n<p>Tech kingpin <b>Apple</b> (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.</p>\n<h2>2. Bank of America: $43.2 billion</h2>\n<p>Bank stocks have long been Buffett's favorite place to put Berkshire's money work. <b>Bank of America</b> (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/ed3e6a16841306014bf0cfc3b1697b23\" tg-width=\"700\" tg-height=\"466\"><span>Image source: American <a href=\"https://laohu8.com/S/EXPR\">Express</a>.</span></p>\n<h2>3. American Express: $24.9 billion</h2>\n<p>Payment processor and lender <b>American Express</b> (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.</p>\n<h2>4. Coca-Cola: $22.5 billion</h2>\n<p>Speaking of long-tenured holdings, beverage behemoth <b>Coca-Cola</b> (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/cc21d6aabfd53f63ded95ae16cbd64e1\" tg-width=\"700\" tg-height=\"468\"><span>Image source: Getty Images.</span></p>\n<h2>5. Kraft Heinz: $14.1 billion</h2>\n<p>There's little question that <b>Kraft Heinz</b> (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.</p>\n<h2>6. Verizon Communications: $9.1 billion</h2>\n<p>Telecommunications giant <b>Verizon</b> (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably <a href=\"https://laohu8.com/S/AONE\">one</a> of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/7343c3ce7330b86321a8ec9384d4baea\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>7. U.S. Bancorp: $8.7 billion</h2>\n<p>Next to BofA, <b>U.S. Bancorp</b> (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.</p>\n<h2>8. Moody's: $8.5 billion</h2>\n<p>Credit agency and analytics company <b>Moody's</b> (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8abdae403dddfa42107e06ea5bfddf39\" tg-width=\"700\" tg-height=\"466\"><span>Image source: Getty Images.</span></p>\n<h2>9. BYD: $6.2 billion</h2>\n<p>Back in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer <b>BYD</b> (OTC:BYDDY)&nbsp;for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors <b>NIO</b>&nbsp;and <b>XPeng</b>&nbsp;delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.</p>\n<h2>10. DaVita: $4.4 billion</h2>\n<p>Rounding out the top 10 is kidney dialysis services company <b>DaVita</b> (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.</p>","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>These 10 Stocks Make Up 85% of Warren Buffett's Portfolio</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\">\nThese 10 Stocks Make Up 85% of Warren Buffett's Portfolio\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-17 09:35 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett...</p>\n\n<a href=\"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"苹果","KO":"可口可乐","BRK.A":"伯克希尔","DVA":"达维塔保健","USB":"美国合众银行","AXP":"美国运通","MCO":"穆迪","BAC":"美国银行","VZ":"威瑞森","KHC":"卡夫亨氏","BYDDY":"比亚迪ADR","BRK.B":"伯克希尔B"},"source_url":"https://www.fool.com/investing/2021/06/16/10-stocks-make-up-85-of-warren-buffetts-portfolio/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2143379379","content_text":"If you've ever wondered why Berkshire Hathaway (NYSE:BRK.A)(NYSE:BRK.B) CEO Warren Buffett's name gets brought up so much on Wall Street, it's because of his impressive investing track record. Buffett isn't infallible, but he's delivered an annual average return of 20% since the mid-1960s for his shareholders. In aggregate, we're talking about a return of more than 2,800,000%!\nWhat's even more amazing is that Buffett hasn't done anything the average investors couldn't do to net these huge gains. He focuses on a few sectors and industries that interest him, buys companies with clear-cut competitive advantages, and most importantly hangs onto those stakes for a very long time.\nAnother source of Buffett's success is concentration. The Oracle of Omaha doesn't believe diversification is necessary if you know what you're doing. This is readily apparent in Berkshire Hathaway's $302.6 billion investment portfolio. As of this past weekend, 85% of Berkshire's invested assets ($257.3 billion) were tied up in only 10 stocks.\nBerkshire Hathaway CEO Warren Buffett. Image source: The Motley Fool.\n1. Apple: $115.6 billion\nTech kingpin Apple (NASDAQ:AAPL) makes up about 38% of Warren Buffett's portfolio by itself and has been dubbed \"Berkshire's third business\" by the Oracle of Omaha. Apple offers some of the strongest branding in the world, is the clear leader in smartphones in the U.S., and has been pivoting to higher-margin services under the leadership of CEO Tim Cook. Though iPhone sales remain Apple's top product, services becoming a larger percentage of total sales will help remove the revenue lumpiness associated with new product launches.\n2. Bank of America: $43.2 billion\nBank stocks have long been Buffett's favorite place to put Berkshire's money work. Bank of America (NYSE:BAC) is Berkshire's unquestioned largest bank holding, with more than 14% of invested assets. Bank of America has done an excellent job of controlling its noninterest expenses by consolidating branches and emphasizing digital banking. It's also in line to benefit more than any other money-center bank from an eventual rise in interest rates.\nImage source: American Express.\n3. American Express: $24.9 billion\nPayment processor and lender American Express (NYSE:AXP) is Buffett's third-largest and third-longest-held stock. After 28 years of holding AmEx, Berkshire Hathaway's position has grown to almost $25 billion in value. This is a cyclical company that benefits from long periods of economic expansion, as well as its ability to attract affluent clientele. These well-to-do clients are less likely to change their spending habits when economic hiccups arise, which often means less worry about credit delinquencies for AmEx.\n4. Coca-Cola: $22.5 billion\nSpeaking of long-tenured holdings, beverage behemoth Coca-Cola (NYSE:KO) is the longest-held stock in Buffett's portfolio (33 years). Coca-Cola operates in all but two countries worldwide (North Korea and Cuba) and has more than 20 brands generating at least $1 billion in annual sales. Thanks to its top-notch marketing team, it's also the best-known consumer goods brand. Coke has holiday tie-ins, has allied itself with well-known brand ambassadors, and is embracing digital advertising and social media as a way to get its message to a younger generation.\nImage source: Getty Images.\n5. Kraft Heinz: $14.1 billion\nThere's little question that Kraft Heinz (NASDAQ:KHC) is the oddball holding in Buffett's top 10. That's because Buffett admits to Heinz overpaying for Kraft Foods, and the combined company largely underperforming in recent years. This includes a greater than $15 billion goodwill writedown in 2019. While the pandemic has helped boost demand for packaged foods, Kraft Heinz's balance sheet is still bogged down by high debt levels and goodwill. In short, Berkshire Hathaway is sort of stuck with its 325.6 million shares.\n6. Verizon Communications: $9.1 billion\nTelecommunications giant Verizon (NYSE:VZ) is a fairly recent addition to Berkshire Hathaway's portfolio, although it's been bought hand over fist in the previous two quarters by Buffett and his team. The lure of Verizon is likely its 4.4% dividend yield, which is arguably one of the safest high-yield payouts on the planet. What's more, Verizon should benefit immensely from the rollout of 5G infrastructure. It's been a decade since the last major upgrade to download speeds, which suggests that a multiyear tech upgrade cycle will lead to higher-margin data consumption.\nImage source: Getty Images.\n7. U.S. Bancorp: $8.7 billion\nNext to BofA, U.S. Bancorp (NYSE:USB) is Buffett's favorite bank stock. It's a company that regularly trades at a premium to its book value -- and for good reason. U.S. Bancorp has seen its users embrace technology, with the percentage of consumer loans completed digitally skyrocketing over the past two years. Being able to consolidate its physical branches, while also avoiding riskier derivative investments that have gotten U.S. money-center banks in trouble, has helped U.S. Bancorp to some of the highest return on assets among big banks.\n8. Moody's: $8.5 billion\nCredit agency and analytics company Moody's (NYSE:MCO) is yet another top-10 holding that's been held for longer than two decades. With an initial cost basis of just over $10, Berkshire Hathaway is sitting on an unrealized gain of better than 3,300% -- and this isn't accounting for dividends. Historically low lending rates have kept Moody's credit rating segment busy, while volatile trading markets are boosting demand for Moody's analytics. It's hard to envision Buffett ever selling this stake.\nImage source: Getty Images.\n9. BYD: $6.2 billion\nBack in 2008, Buffett acquired 225 million shares of China-based electric-vehicle (EV) manufacturer BYD (OTC:BYDDY) for $1.03 a share (it closed this past week at $27.65 a share). In March, BYD sold 16,301 EVs, which is more than higher-profile competitors NIO and XPeng delivered on a combined basis in the same month. With the Society of Automotive Engineers of China forecasting that half of all new vehicles sales in 2035 will be powered by alternative energy, BYD is in pole position to disrupt the largest auto market in the world.\n10. DaVita: $4.4 billion\nRounding out the top 10 is kidney dialysis services company DaVita (NYSE:DVA). Buffett's fascination with the company is likely a numbers play. Over time, an aging U.S. population is going to become more reliant on kidney dialysis services for maintenance purposes. As the clear leader in providing these services, DaVita should see a steady uptick in demand and reimbursement for its services. This patient long-term thesis perfectly embodies the Buffett investing ethos.","news_type":1},"isVote":1,"tweetType":1,"viewCount":29,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":127237462,"gmtCreate":1624850367056,"gmtModify":1703846171714,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"i decided to buy some Nio shares :)","listText":"i decided to buy some Nio shares :)","text":"i decided to buy some Nio shares :)","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/127237462","repostId":"1198714523","repostType":2,"repost":{"id":"1198714523","kind":"news","pubTimestamp":1624611463,"share":"https://ttm.financial/m/news/1198714523?lang=&edition=fundamental","pubTime":"2021-06-25 16:57","market":"us","language":"en","title":"NIO Still Has Significant Upside Potential","url":"https://stock-news.laohu8.com/highlight/detail?id=1198714523","media":"seekingalpha","summary":"Tesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to Amazon in e-commerce.Still, one could argue that much if not all of those growth opportunities have been priced into the stock - which some havecalled the EV bubble. This, indeed, led me to review my position in NIO. Upon review, while there could certainly be downside, one could also argue that NIO is following a similar trajectory as Tesla .Tes","content":"<p><b>Summary</b></p>\n<ul>\n <li>NIO is already well over a 10-bagger.</li>\n <li>Tesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to Amazon in e-commerce.</li>\n <li>There are many EV competitors, but NIO has a proven track record of growth and innovation with international expansion, ADAS, autonomous driving and ADaaS, and battery swapping and BaaS.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>NIO(NYSE:NIO)was far from the largest holding in my portfolio, but has grown well over 10x since the midst of its funding issues in late 2019. This was driven by a strong post-COVID-19 rebound and further growth of its EV sales. Further optionality was introduced with capacity expansion, the new, innovative BaaS business model, and potential international expansion to Europe.</p>\n<p>Still, one could argue that much if not all of those growth opportunities have been priced into the stock - which some havecalled the EV bubble. This, indeed, led me to review my position in NIO. Upon review, while there could certainly be downside, one could also argue that NIO is following a similar trajectory as Tesla (TSLA).</p>\n<p>Tesla stock had a similar success in 2020, which was capped off by its introduction in the S&amp;P 500. This arguably supports the view that EVs are, in fact, not a bubble. NIO, in that regard, should be regarded as the Chinese Tesla, and hence poised for further growth. China is also poised to become the silicon valley of EVs and also has supportive regulation towards autonomous driving.</p>\n<p>Nevertheless, there are many competitors in EVs, not the least in China as well (also from Tesla). However, NIO is still one of the leading start-ups positioned to capitalize on this opportunity, with its proven track record of innovation and growth.</p>\n<p><b>Automotive disruption</b></p>\n<p>The automotive industry is undergoing major changes. The first major trend is towards energy sustainability. This has fueled the growth of EVs. Secondly, there is a strong economic incentive towards autonomous driving (called the \"passenger economy\"), which will further revolutionize transportation.</p>\n<p>This means this industry is open for disruption. This is indeed already unfolding, as can be seen in the trajectory of Tesla through the last decade, as one of the hallmarks of this.</p>\n<p>Even though it is an old, capital intensive business, Tesla proves that investors are willing to pay up to be part of this revolution. As noted, Tesla capped this off by its S&amp;P 500 inclusion and 500k deliveries in 2020, with continued strong growth at scale into 2021.</p>\n<p>In short, even though it could be seen as an old business, there is a large, greenfield opportunity in the drive towards electric, autonomous transportation. Hence, to be leading this disruption requires innovation.</p>\n<p><b>NIO: Chinese Tesla</b></p>\n<p>This opportunity is arguably so large that there does not necessarily have to be a winner-takes-all. Automotive is such a large market that it could be likened to e-commerce, for example. Amazon (AMZN) has been one of the largest beneficiaries of this secular growth trend. However, there are many others who have achieved a large scale and valuation growth, including Alibaba (BABA) and MercadoLibre (MELI).</p>\n<p>To that end, NIO is positioned to become in EVs and AVs what Alibaba is to Amazon in e-commerce: the Chinese Tesla.</p>\n<p>NIO is a relatively young start-up, founded on the same premise of being a pure play EV automotive company, while also investing to be at forefront of ADAS and autonomous driving. It had a strong partnership with Mobileye. It was the first adopter of the former's EyeQ4 chip in 2018. NIO was also announced to be the first adopter of Mobileye's self-driving system, in 2022. This would likely be several years ahead of others, as Mobileye is targeting a 2025 introduction of (a broader introduction of) consumer AVs.</p>\n<p>It is, however, not entirely sure if (and perhaps even unlikely that) this Mobileye-powered autonomous vehicle will still launch, as going forward NIO is continuing with Nvidia (NVDA) hardware and developing its own software. In any case, NIO's timeline is unchanged, although it is not sure if NIO's own software will be as capable as Mobileye's. I previously covered this aspect of NIO here:NIO Stock: Autonomous Driving Too Good To Be True.</p>\n<p>In any case, NIO will bring another first to market with its Autonomous Driving-as-a-Service model or ADaaS. This will provide customer access to its autonomous driving capabilities through a monthly subscription.</p>\n<p>While there had been some funding issues and a slowdown in the midst of COVID-19, the image below shows that growth returned quickly. More recently, there have been issues due to the chip shortage, but those are obviously quite similar for the whole industry.</p>\n<p><img src=\"https://static.tigerbbs.com/1373049969409b7fa8a90c380b6204e0\" tg-width=\"570\" tg-height=\"368\" referrerpolicy=\"no-referrer\"></p>\n<p>NIO's track record of growth and innovation is further completed by its introduction of the BaaS business model and plans for international expansion to Europe in 2021.</p>\n<p>BaaS or Battery-as-a-Service means that the EV is bought without the battery, which reduces the upfront price. The battery is then acquired separately through a subscription. BaaS was introduced in the second half of 2020 and quickly achieved a significant uptake of ~40%. BaaS also further complements NIO's previous innovation of battery swapping.</p>\n<p>Hence, this shows NIO is a leading innovator in the Chinese EV market, while investing to also lead the second, autonomous inflection. This is also a major market, as China is targeting a 25% EV market share by 2025. It could quickly become the silicon valley of EVs and even AVs. NIO's international ambition further underlines its leading position.</p>\n<p><b>Valuation</b></p>\n<p>Some have called EVs a bubble. Both Tesla and NIO stock were on the order of a 10-bagger in 2020. In the comments below many articles, Tesla's valuation and deliveries are compared to the traditional OEMs. Supposedly this should show the large discrepancy in valuation.</p>\n<p>Nevertheless, arguably this is not a bubble as the transition to EVs and subsequently AVs marks a major inflection. This means it is a large, largely greenfield growth opportunity. Hence, investors are willing to pay for this growth by investing in the companies who are leading. Moreover, EVs and AVs are also much closer aligned to tech investing, where higher valuations are more common.</p>\n<p>This is, of course, in spite of automotive being notorious for its capital intensity. NIO for its part (partly) solves this by not producing its vehicles itself, but partnering for manufacturing.</p>\n<p>There are other examples in tech where those who are seen as growth companies are rewarded with incredible valuations. For example, Nvidia has achieved almost 2x the valuation of Intel (INTC), despite over 3x lower revenue. TSMC (TSM) has over 2x the valuation of Intel despite almost 2x lower revenue. Of course, Nvidia and TSMC are growing faster than Intel, but that proves the point that high growth is often rewarded with perhaps unrealistic valuations.</p>\n<p>With regards to NIO's valuation, it (still) has ~10x lower market cap than Tesla (to be precise, about 8x at the time of writing), but also ~10x lower deliveries. Hence, NIO's valuation is in line with its bigger peer.</p>\n<p>Nevertheless, as a smaller company, it is arguably NIO who that the largest relative growth prospects ahead. For example, Tesla investors who want to see substantial shareholder returns going forward have to bank on Tesla's goal to achieve 20M deliveries by 2030, which would be over a fifth of the total global vehicle market.</p>\n<p>If NIO for its part would be able to translate its innovation into continued, sustained growth, similar to Tesla, then there should be no reason for NIO to not continue to track the valuation of Tesla. This means NIO, indeed, may have another 10x upside or so if it closes the gap to Tesla in scale.</p>\n<p>From that view, NIO is lagging behind Tesla by multiple years, in both deliveries and market cap. The last comment could be as analogous to for examplePinterest(PINS), which is a company Iarguedwas lagging by several years to Facebook (FB).</p>\n<p><b>Risks</b></p>\n<p>Of course, there are major risks. Mainly, this thesis is based on two assumptions:</p>\n<ul>\n <li>Tesla and other EV/AV stocks will continue to grow and receive elevated valuations as these trends continue to unfold;</li>\n <li>NIO is best positioned to most closely track Tesla's business and stock performance.</li>\n</ul>\n<p>Any decrease in (relative) valuation could result in downside. For example, Tesla's ambition as laid out at its fall 2020 Battery Day event called for Tesla to achieve a scale of 20 million units by 2030. Hence, it is likely at least some part of that ambition for further growth is already priced into the stock.</p>\n<p>Needless to say, not every automotive or EV company will be able to achieve a scale of 20M units, as the global automotive market is below 100M units. There is both competition from traditional OEMs such as GM (GM) and Volkswagen, as well as other Chinese companiessuch as XPeng(XPEV).</p>\n<p>Additionally, although China seems to be one the largest markets for EVs in the near future, Tesla itself has already built its own Gigafactory in China, further increasing competition. Although the reverse is also partly true given NIO's own international expansion.</p>\n<p>The last risk for NIO growth it that is has expressed that it wants to remain a premium brand with relatively high ASPs (average selling prices). While this implies NIO could have above-average gross margins, it may nevertheless lower NIO's addressable market and hence potential future growth.</p>\n<p>Further, while NIO is heavily investing in autonomous driving and seems to be at the forefront of this next major inflection, it is ultimately reliant on third-party silicon vendors like Nvidia. This insight means pretty much by definition that AV technology may not remain a differentiated capability, as others will be able to buy the same off-the-shelf systems. Although as noted NIO is developing its own software, that itselfis also a riskgiven the difficulty in creating a scalable and reliable AV system.</p>\n<p>As described, though, NIO is a clear, leading innovator, and has achieved a strong brand value. This arguably makes it the strongest candidate to become the closest to a 'Chinese Tesla'.</p>\n<p><b>Takeaway</b></p>\n<p>In the last 18 months or so, there has been a major shift in investment sentiment around EV companies. Tesla has seen 10-bagger returns. So when evaluating NIO, after its own 10-bagger returns (or more), to a valuation closer to $100B than $10B, on the surface this may change the investment narrative.</p>\n<p>However, at least a portion of NIO's large shareholder returns was because of its financial issues, which it has overcome; NIO's valuation is not significantly different from Tesla, for one. Meanwhile, its still much lower scale arguably leaves much room for upside.</p>\n<p>NIO's stock is based on NIO's growth to capitalize on the two-fold disruption of EVs and AVs in the automotive industry. NIO already has a proven track record of growth and innovation with battery swap, ADAS, autonomous driving (although with some increased risks given its change of supplier), ADaaS, BaaS, and even international expansion.</p>\n<p>While far from every company will be able to achieve a similar scale as Tesla, NIO clearly remains positioned to be successful in this space, which represents a large, greenfield opportunity in both the Chinese and international push towards electric and autonomous driving.</p>\n<p>This means NIO's valuation is both the risk and the reward. The reward is that NIO could realistically still expand by another 10x if it continues to trade at a similar valuation as Tesla, while closing the gap in scale. I likened NIO to the Alibaba of EVs: the Chinese counterpart of Amazon in EVs. The risk is NIO's ability to execute and deliver on its growth opportunity, as well as (just as importantly) as Tesla's and other EV stocks' valuation not collapsing on changes in investor sentiment.</p>\n<p>The bottom line (since NIO's peak in February) is that the potential opportunity that still lies ahead slightly outweighs the risk.</p>","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>NIO Still Has Significant Upside Potential</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 Still Has Significant Upside Potential\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-25 16:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4436519-nio-still-has-upside-potential><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nNIO is already well over a 10-bagger.\nTesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4436519-nio-still-has-upside-potential\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"NIO":"蔚来"},"source_url":"https://seekingalpha.com/article/4436519-nio-still-has-upside-potential","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1198714523","content_text":"Summary\n\nNIO is already well over a 10-bagger.\nTesla’s valuation, however, is still 10x larger than NIO, which suggests there may be plenty of upside left. NIO could become in EVs what Alibaba is to Amazon in e-commerce.\nThere are many EV competitors, but NIO has a proven track record of growth and innovation with international expansion, ADAS, autonomous driving and ADaaS, and battery swapping and BaaS.\n\nInvestment Thesis\nNIO(NYSE:NIO)was far from the largest holding in my portfolio, but has grown well over 10x since the midst of its funding issues in late 2019. This was driven by a strong post-COVID-19 rebound and further growth of its EV sales. Further optionality was introduced with capacity expansion, the new, innovative BaaS business model, and potential international expansion to Europe.\nStill, one could argue that much if not all of those growth opportunities have been priced into the stock - which some havecalled the EV bubble. This, indeed, led me to review my position in NIO. Upon review, while there could certainly be downside, one could also argue that NIO is following a similar trajectory as Tesla (TSLA).\nTesla stock had a similar success in 2020, which was capped off by its introduction in the S&P 500. This arguably supports the view that EVs are, in fact, not a bubble. NIO, in that regard, should be regarded as the Chinese Tesla, and hence poised for further growth. China is also poised to become the silicon valley of EVs and also has supportive regulation towards autonomous driving.\nNevertheless, there are many competitors in EVs, not the least in China as well (also from Tesla). However, NIO is still one of the leading start-ups positioned to capitalize on this opportunity, with its proven track record of innovation and growth.\nAutomotive disruption\nThe automotive industry is undergoing major changes. The first major trend is towards energy sustainability. This has fueled the growth of EVs. Secondly, there is a strong economic incentive towards autonomous driving (called the \"passenger economy\"), which will further revolutionize transportation.\nThis means this industry is open for disruption. This is indeed already unfolding, as can be seen in the trajectory of Tesla through the last decade, as one of the hallmarks of this.\nEven though it is an old, capital intensive business, Tesla proves that investors are willing to pay up to be part of this revolution. As noted, Tesla capped this off by its S&P 500 inclusion and 500k deliveries in 2020, with continued strong growth at scale into 2021.\nIn short, even though it could be seen as an old business, there is a large, greenfield opportunity in the drive towards electric, autonomous transportation. Hence, to be leading this disruption requires innovation.\nNIO: Chinese Tesla\nThis opportunity is arguably so large that there does not necessarily have to be a winner-takes-all. Automotive is such a large market that it could be likened to e-commerce, for example. Amazon (AMZN) has been one of the largest beneficiaries of this secular growth trend. However, there are many others who have achieved a large scale and valuation growth, including Alibaba (BABA) and MercadoLibre (MELI).\nTo that end, NIO is positioned to become in EVs and AVs what Alibaba is to Amazon in e-commerce: the Chinese Tesla.\nNIO is a relatively young start-up, founded on the same premise of being a pure play EV automotive company, while also investing to be at forefront of ADAS and autonomous driving. It had a strong partnership with Mobileye. It was the first adopter of the former's EyeQ4 chip in 2018. NIO was also announced to be the first adopter of Mobileye's self-driving system, in 2022. This would likely be several years ahead of others, as Mobileye is targeting a 2025 introduction of (a broader introduction of) consumer AVs.\nIt is, however, not entirely sure if (and perhaps even unlikely that) this Mobileye-powered autonomous vehicle will still launch, as going forward NIO is continuing with Nvidia (NVDA) hardware and developing its own software. In any case, NIO's timeline is unchanged, although it is not sure if NIO's own software will be as capable as Mobileye's. I previously covered this aspect of NIO here:NIO Stock: Autonomous Driving Too Good To Be True.\nIn any case, NIO will bring another first to market with its Autonomous Driving-as-a-Service model or ADaaS. This will provide customer access to its autonomous driving capabilities through a monthly subscription.\nWhile there had been some funding issues and a slowdown in the midst of COVID-19, the image below shows that growth returned quickly. More recently, there have been issues due to the chip shortage, but those are obviously quite similar for the whole industry.\n\nNIO's track record of growth and innovation is further completed by its introduction of the BaaS business model and plans for international expansion to Europe in 2021.\nBaaS or Battery-as-a-Service means that the EV is bought without the battery, which reduces the upfront price. The battery is then acquired separately through a subscription. BaaS was introduced in the second half of 2020 and quickly achieved a significant uptake of ~40%. BaaS also further complements NIO's previous innovation of battery swapping.\nHence, this shows NIO is a leading innovator in the Chinese EV market, while investing to also lead the second, autonomous inflection. This is also a major market, as China is targeting a 25% EV market share by 2025. It could quickly become the silicon valley of EVs and even AVs. NIO's international ambition further underlines its leading position.\nValuation\nSome have called EVs a bubble. Both Tesla and NIO stock were on the order of a 10-bagger in 2020. In the comments below many articles, Tesla's valuation and deliveries are compared to the traditional OEMs. Supposedly this should show the large discrepancy in valuation.\nNevertheless, arguably this is not a bubble as the transition to EVs and subsequently AVs marks a major inflection. This means it is a large, largely greenfield growth opportunity. Hence, investors are willing to pay for this growth by investing in the companies who are leading. Moreover, EVs and AVs are also much closer aligned to tech investing, where higher valuations are more common.\nThis is, of course, in spite of automotive being notorious for its capital intensity. NIO for its part (partly) solves this by not producing its vehicles itself, but partnering for manufacturing.\nThere are other examples in tech where those who are seen as growth companies are rewarded with incredible valuations. For example, Nvidia has achieved almost 2x the valuation of Intel (INTC), despite over 3x lower revenue. TSMC (TSM) has over 2x the valuation of Intel despite almost 2x lower revenue. Of course, Nvidia and TSMC are growing faster than Intel, but that proves the point that high growth is often rewarded with perhaps unrealistic valuations.\nWith regards to NIO's valuation, it (still) has ~10x lower market cap than Tesla (to be precise, about 8x at the time of writing), but also ~10x lower deliveries. Hence, NIO's valuation is in line with its bigger peer.\nNevertheless, as a smaller company, it is arguably NIO who that the largest relative growth prospects ahead. For example, Tesla investors who want to see substantial shareholder returns going forward have to bank on Tesla's goal to achieve 20M deliveries by 2030, which would be over a fifth of the total global vehicle market.\nIf NIO for its part would be able to translate its innovation into continued, sustained growth, similar to Tesla, then there should be no reason for NIO to not continue to track the valuation of Tesla. This means NIO, indeed, may have another 10x upside or so if it closes the gap to Tesla in scale.\nFrom that view, NIO is lagging behind Tesla by multiple years, in both deliveries and market cap. The last comment could be as analogous to for examplePinterest(PINS), which is a company Iarguedwas lagging by several years to Facebook (FB).\nRisks\nOf course, there are major risks. Mainly, this thesis is based on two assumptions:\n\nTesla and other EV/AV stocks will continue to grow and receive elevated valuations as these trends continue to unfold;\nNIO is best positioned to most closely track Tesla's business and stock performance.\n\nAny decrease in (relative) valuation could result in downside. For example, Tesla's ambition as laid out at its fall 2020 Battery Day event called for Tesla to achieve a scale of 20 million units by 2030. Hence, it is likely at least some part of that ambition for further growth is already priced into the stock.\nNeedless to say, not every automotive or EV company will be able to achieve a scale of 20M units, as the global automotive market is below 100M units. There is both competition from traditional OEMs such as GM (GM) and Volkswagen, as well as other Chinese companiessuch as XPeng(XPEV).\nAdditionally, although China seems to be one the largest markets for EVs in the near future, Tesla itself has already built its own Gigafactory in China, further increasing competition. Although the reverse is also partly true given NIO's own international expansion.\nThe last risk for NIO growth it that is has expressed that it wants to remain a premium brand with relatively high ASPs (average selling prices). While this implies NIO could have above-average gross margins, it may nevertheless lower NIO's addressable market and hence potential future growth.\nFurther, while NIO is heavily investing in autonomous driving and seems to be at the forefront of this next major inflection, it is ultimately reliant on third-party silicon vendors like Nvidia. This insight means pretty much by definition that AV technology may not remain a differentiated capability, as others will be able to buy the same off-the-shelf systems. Although as noted NIO is developing its own software, that itselfis also a riskgiven the difficulty in creating a scalable and reliable AV system.\nAs described, though, NIO is a clear, leading innovator, and has achieved a strong brand value. This arguably makes it the strongest candidate to become the closest to a 'Chinese Tesla'.\nTakeaway\nIn the last 18 months or so, there has been a major shift in investment sentiment around EV companies. Tesla has seen 10-bagger returns. So when evaluating NIO, after its own 10-bagger returns (or more), to a valuation closer to $100B than $10B, on the surface this may change the investment narrative.\nHowever, at least a portion of NIO's large shareholder returns was because of its financial issues, which it has overcome; NIO's valuation is not significantly different from Tesla, for one. Meanwhile, its still much lower scale arguably leaves much room for upside.\nNIO's stock is based on NIO's growth to capitalize on the two-fold disruption of EVs and AVs in the automotive industry. NIO already has a proven track record of growth and innovation with battery swap, ADAS, autonomous driving (although with some increased risks given its change of supplier), ADaaS, BaaS, and even international expansion.\nWhile far from every company will be able to achieve a similar scale as Tesla, NIO clearly remains positioned to be successful in this space, which represents a large, greenfield opportunity in both the Chinese and international push towards electric and autonomous driving.\nThis means NIO's valuation is both the risk and the reward. The reward is that NIO could realistically still expand by another 10x if it continues to trade at a similar valuation as Tesla, while closing the gap in scale. I likened NIO to the Alibaba of EVs: the Chinese counterpart of Amazon in EVs. The risk is NIO's ability to execute and deliver on its growth opportunity, as well as (just as importantly) as Tesla's and other EV stocks' valuation not collapsing on changes in investor sentiment.\nThe bottom line (since NIO's peak in February) is that the potential opportunity that still lies ahead slightly outweighs the risk.","news_type":1},"isVote":1,"tweetType":1,"viewCount":75,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":190735023,"gmtCreate":1620651869062,"gmtModify":1704346122482,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"lets start trading commodities!","listText":"lets start trading commodities!","text":"lets start trading commodities!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/190735023","repostId":"1161135720","repostType":4,"repost":{"id":"1161135720","kind":"news","pubTimestamp":1620650500,"share":"https://ttm.financial/m/news/1161135720?lang=&edition=fundamental","pubTime":"2021-05-10 20:41","market":"us","language":"en","title":"Futures Flat As Soaring Commodities Depress Tech Stocks","url":"https://stock-news.laohu8.com/highlight/detail?id=1161135720","media":"zerohedge","summary":"S&P futures started the weak flat with Nasdaq futures falling offset by surging commodity stocks as ","content":"<p>S&amp;P futures started the weak flat with Nasdaq futures falling offset by surging commodity stocks as a new record in copper and iron ore prices stoked concern about whether inflation will derail a growth rebound in the world’s largest economy and spoil a record stock rally.&nbsp; Metal producers were among the biggest gainers in premarket trading, with Freeport-McMoRan, Cleveland-Cliffs and United States Steel all up at least 3%.<b>At 715 am ET, Dow e-minis were up 109 points, or 0.31%, S&amp;P 500 e-minis were up 3.25 points, or 0.08%, and Nasdaq 100 e-minis were down 35.5 points, or 0.26%.</b>The tech-heavy index has been whipsawed by the prospect of inflation which threatens longer-term profit expectations typical of the industry A downgrade by Citi of Internet stocks such as GOOGL did not help. Treasury yields steadied as traders brace for a busy&nbsp;week&nbsp;of auctions.</p>\n<p><img src=\"https://static.tigerbbs.com/af46a409c8f21e3628b52e49767d3581\" tg-width=\"500\" tg-height=\"272\">Some notable premarket movers:</p>\n<p></p>\n<ul>\n <li>Copper miner Freeport-McMoran rose 3.5% premarket, while aluminum giant Alcoa gained 3.6% and steelmaker United States Steel Corp was up 3.1% as copper prices touched a record high and aluminum scaled a new peak.</li>\n <li>Chevron, Occidental Petroleum and Exxon Mobil all rose about 1% after a cyber attack on top U.S. pipeline operator Colonial Pipeline shuttered fuel network that transports nearly half of the East Coast's supplies, lifting oil prices.</li>\n <li>Cybersecurity firm FireEye jumped about 6% as industry sources said the company was among those helping Colonial Pipeline to recover from one of the most disruptive digital ransom schemes reported.</li>\n <li>Some banks dipped after Malaysia’s 1MDB and a former unit have filed suits against several banks entities including JPMorgan Chase and Deutsche Bank as the nation seeks to recover assets worth more than $23 billion linked to the scandal-plagued state-owned investment fund.</li>\n</ul>\n<p>The S&amp;P 500 and the Dow ended at record closing highs on Friday as an unexpected slowdown in monthly jobs growth eased inflation worries and fueled bets that the U.S. Federal Reserve would remain accommodative for longer.&nbsp; With latest economic reports depicting that the U.S. economy is not recovering at the explosive pace as previously forecast, inflation numbers this week and comments from Federal Reserve officials could chart the next course for U.S. equities. Meanwhile, earnings season is in its final stretch with a record 87% of 439 S&amp;P 500 companies beating estimates for profit. Analysts expect overall first-quarter earnings to jump 50.4% from a year ago, their strongest growth rate since 2010.</p>\n<p>“Friday’s historical NFP (non-farm payrolls) miss has been a sigh of relief for the market; the Federal Reserve won’t pull away the punch bowl just yet,” said Ipek Ozkardeskaya, a senior analyst at Swissquote. “The post-NFP-high could leave its place to some hangover by Wednesday, when the U.S. will announce the April inflation data.”</p>\n<p>European stocks were mixed as a really for banks and basic-resources companies such as Rio Tinto, BHP and Glencore countered declines in the tech and hospitality industries. The pan-European STOXX 600 index rose 0.1% to hit a fresh all-time high, with miners rallying 2.6% to a 10-year-high on the back of strong commodity prices. UK-listed miners such as Rio Tinto, BHP Group and Glencore rose almost 3% after China’s benchmark iron ore futures surged 10% to a record high, steel prices rose 6% and copper prices touched record highs on hopes for improved demand amid tightening supply. “The boom in commodity prices is good news for the materials or the cyclical sectors,” said Rupert Thompson, chief investment officer at Kingswood Group in London. “It cements the idea that you’ve got further rotation towards value and commodity sectors. But on the other hand, you’ve got the clear risk that it does exacerbate worries about inflation.”</p>\n<p>UK’s commodity-heavy FTSE 100 rose 0.2% despite a surge in the pound, with British Prime Minister Boris Johnson set to announce the next phase of reopening from the COVID-19 lockdown. British Airways-owner IAG, easyJet and Wizz Air, however, fell between 2% and 3% after UK allowed international travel to resume from May 17, but just 12 countries made the so-called “green list”. The wider travel and leisure sector declined 1.3%, with highly valued technology stocks dropping 1.0%.</p>\n<p>Here are some of the biggest European movers today:</p>\n<ul>\n <li>Victrex shares rise as much as 9.5% after 1H results that Jefferies says were ahead of consensus.</li>\n <li>Superdry soars as much as 18% to the highest since January 2020 after the Telegraph’s Questor column said the stock has been “supercharged” recently, but recommended readers to “keep buying.”</li>\n <li>Hotel Chocolat jumps as much as 11% after the chocolatier reported revenue up 60% y/y for the eight-week period ended April 25. Liberum raised its price target to a Street-high, noting the “stellar period” despite stores being shut during Mother’s Day and Easter.</li>\n <li>ASTM rises as much as 8.7% in Milan and is the day’s best performer on the FTSE Italia All-Share Index after Gavio-Ardian’s NAF 2 raised its bid to EU28/share from EU25.60/share.</li>\n <li>Logista gains as much as 5.8% to highest level in 14 months after the Spanish distribution company reported a 33% increase in fiscal 1H net income versus the same period a year ago.</li>\n <li>Galapagos NV drops as much as 8.4% to the lowest since Dec. 2016 after a report that the biotech is seeking a “large deal” in the next 12 months.</li>\n <li>Juventus falls as much as 7.2%, the steepest decline since April 21, after the Italian soccer club lost to AC Milan on Sunday. The Turin, Italy based team is now fifth in Serie A, with only the top four clubs winning access to the top European competition.</li>\n</ul>\n<p>Earlier in the session, Asian&nbsp;stocks climbed<b>with key indexes in South Korea and Australia reaching new record highs, as prices of energy and other commodities surged.</b>The materials group gave the biggest boost to the MSCI&nbsp;Asia&nbsp;Pacific Index, reaching its highest level in 13 years, helped by surging metals prices and strong company earnings. Energy stocks gained after a cyberattack put the largest U.S. oil-products pipeline out of action. Equities in&nbsp;Asia&nbsp;also got a lift from U.S. peers climbing to fresh records as weak jobs data bolstered the case for continued stimulus in the world’s largest economy. South Korea’s Kospi led gains among national benchmarks, as buying by institutional investors helped push it to a record. The main equity gauge in commodities-heavy Australia also reached a new high.</p>\n<p>China stocks closed little changed on Monday after sliding late last week on news that the U.S. will likely maintain limits on investments in certain Chinese firms. Strength in steel and vaccine makers was partly offset by weakness in consumer and financial heavyweights. The CSI 300 ended 0.1% lower, weighed by a 2% drop in the consumer staples subgauge and a 0.6% decline in financials. Liquor maker Kweichow Moutai, pig breeder Muyuan Foods and Industrial Bank were some of the biggest drags on the index. Fosun Pharmaceutical gained by the 10% daily limit as its unit agreed to establish a joint venture with BioNTech for local production and commercialization of its Covid-19 vaccine. Steel makers continued to rally as iron ore futures soar, bringing the CSI 300 Materials Index up by 1.3%, led by Inner Mongolia Baotou Steel’s limit up and Jiangxi Copper’s 9.9% jump. The subgauge has risen for three straight sessions with a 5% increase. Citic Securities has joined a bullish chorus toward cyclical shares, touting strength in coal stocks due to tight supply which will likely lead to a price hike of the fuel. The broker also expects profitability for the sector to improve this quarter from a year ago, analysts including Zu Guopeng write in a note. The health-care heavy ChiNext Index climbed 0.4% and the Shanghai Composite added 0.3%. In Hong Kong, Meituan shares sank to a seven-month low after the Chinese e-commerce company’s billionaire chief executive officer shared and then deleted a poem on social media that some interpreted as a veiled criticism of Beijing</p>\n<p>Japanese stocks rose, following U.S. peers higher after weaker-than-expected data eased concerns that the world’s largest economy will be withdrawing its stimulus. Auto and electronics makers were the biggest boosts to the Topix. SoftBank Group and Daikin were the largest contributors to gains in the Nikkei 225. Energy and metals-related stocks climbed with commodities prices, amid strong Japanese steelmaker earnings and the shutdown of the largest U.S. oil-products pipeline following a cyberattack. The yen was down about 0.2% to 108.85 per dollar after strengthening 0.5% Friday. U.S. stocks climbed to a record Friday, while Treasuries were little changed, after surprisingly weak jobs data eased fears about higher inflation and a cutback in stimulus. “U.S. rates didn’t jump as much last Friday following the jobs data. Relative stability there is helping money flow to risk assets,” said Ayako Sera, a market strategist at Sumitomo Mitsui Trust Bank. “The yen is weaker today, also giving support to Japanese equities.”</p>\n<p>In FX, the Bloomberg Dollar Spot Index slipped to its weakest level since January 21 on the back of the disappointing U.S. jobs report Friday while the pound climbed to its highest level since February after U.K. elections&nbsp;denied&nbsp;Scotland’s main independence party an outright majority and strengthened the grip of the Conservatives. The Australian dollar led commodity currencies higher, rising to its strongest level since February as iron ore futures surged amid a commodities boom. The yen dropped from near a two-week high as U.S. Treasury yields climbed. Super-long bonds advanced, while two- and five-year notes drifted lower.&nbsp;<b>The onshore yuan advanced to its strongest level since 2018 as it defied attempts by the central bank to slow its gains amid an improving outlook for China’s economy;</b>PBOC set the daily reference rate at 6.4425, compared to the average estimate of 6.4370 in a Bloomberg survey of traders and analysts</p>\n<p>In rates, Treasury futures pared losses into early U.S. session, leaving yields little changed with belly of the curve outperforming. Treasury yields are mixed after retreating from session highs, within 1bp of Friday’s close; 10-year around 1.57%. Gilts are under pressure with 10-year yield higher by ~2bp; U.K. pound rallied to the highest level since February after Scottish National Party fell short of a majority in the country’s parliament. On supply front, Treasury new-issue auctions Tuesday-Thursday totaling $126b. Dollar IG issuance is also in focus with two jumbo deals expected this week, as early as Monday. Corporate bond underwriters anticipate $40b-$45b this week in front-loaded USD IG sales, including two jumbo transactions; the larger one is expected as soon as Monday, the other as soon as Tuesday.</p>\n<p>In commodities, copper jumped to a record while iron ore futures surged more than 10%, adding to concern about inflation. Oil surged with WTI and Brent both rising and gasoline surged as much as 4.2% to the highest since May 2018 after a&nbsp;cyberattack&nbsp;forced the&nbsp;closure&nbsp;of a key U.S. pipeline.&nbsp;<b>Ethereum rose above $4,000 for the first time ever after an increasingly bullishJPMorgan listed 6 reasonswhy ETH would keep rising.</b></p>\n<p>Looking at today's calendar, there are no major events; at 2pm the Fed’s Evans Discusses Economic Outlook.</p>\n<p><b>Market Snapshot</b></p>\n<ul>\n <li>S&amp;P 500 futures little changed at 4,226.00</li>\n <li>STOXX Europe 600 little changed at 444.83</li>\n <li>MXAP up 0.6% to 208.75</li>\n <li>MXAPJ up 0.5% to 698.13</li>\n <li>Nikkei up 0.5% to 29,518.34</li>\n <li>Topix up 1.0% to 1,952.27</li>\n <li>Hang Seng Index little changed at 28,595.66</li>\n <li>Shanghai Composite up 0.3% to 3,427.99</li>\n <li>Sensex up 0.7% to 49,543.66</li>\n <li>Australia S&amp;P/ASX 200 up 1.3% to 7,172.80</li>\n <li>Kospi up 1.6% to 3,249.30</li>\n <li>Brent Futures up 0.6% to $68.72/bbl</li>\n <li>Gold spot up 0.3% to $1,836.40</li>\n <li>U.S. Dollar Index little changed at 90.20</li>\n <li>German 10Y yield rose 0.1 bps to -0.203%</li>\n <li>Euro little changed at $1.2157</li>\n</ul>\n<p><b>Top Overnight News from Bloomberg</b></p>\n<ul>\n <li>President Joe Biden is preparing for his first face-to-face meeting with the top two congressional Republicans, Mitch McConnell and Kevin McCarthy, just as the GOP is ramping up opposition to his $4 trillion economic plan, a rallying point for the party amid infighting over allegiance to former President Donald Trump</li>\n <li>It’s back to square one for the dollar. Friday’s worse-than-expected U.S. employment data saw the Bloomberg Dollar Spot Index drop decisively below its 2021 uptrend, putting it back to little changed for the year. The biggest one-day slide in five months has also put the greenback at risk of a further decline toward the lowest since February 2018</li>\n <li>Three-month dollar-yen cross-currency basis sits around minus four basis points, the smallest in a year, in a sign investors are lending out more of the U.S. currency for better returns overseas. Three-month Japan government bills with a currency hedge currently yield about 0.17%, compared with only one basis point for similar-maturity Treasuries</li>\n <li>Developing world heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that’s being fueled by months of easy money and fiscal largess. Citigroup Inc.’s inflation-surprise index for emerging markets spiked last month to the highest since 2008, a sign investors may be underestimating the scale of the resurgence</li>\n <li>ECB will look at its PEPP program in June and “we can augment or reduce our purchases of assets as needed, so as to maintain favorable financing conditions, Chief Economist Philip Lane says in Le Monde newspaper interview</li>\n <li>Riksbank Governor Stefan Ingves says there’s still considerable scope for more monetary supported if necessary, according to minutes of the central bank’s latest rate meeting</li>\n <li>As China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the global implications has reached a fever pitch</li>\n</ul>\n<p><i>A quick look at global markets courtesy of Newsquawk</i></p>\n<p><b>Asian equity markets began the week mostly positive as the region reacted to last Friday's disappointing jobs data stateside where Non-Farm Payrolls severely missed expectations and saw major US indices hit fresh record highs as the data supported the case for continued stimulus efforts</b>. ASX 200 (+1.3%) was led higher by the mining related sectors after underlying commodity prices extended on gains which saw copper prices print fresh record levels and Dalian iron ore futures jumped by 10% at the open to hit limit up, while the energy sector was also lifted following a ransomware attack that forced the shutdown of the Colonial Pipeline, which is the largest refined products pipeline in the US and transports 45% of the east coast’s fuel supply. Furthermore, M&amp;A related newsflow added to the encouragement with Crown Resorts among the best performers after it received an improved offer from Blackstone and a separate merger proposal from Star Entertainment. Nikkei 225 (+0.6%) benefitted from favourable currency flows and as participants took the recent state of emergency extension within their strides as this was widely flagged beforehand, although there were increased concerns regarding the Olympics after a recent poll showed 59% of the Japanese public think the games should be cancelled. Hang Seng (-0.1%) and Shanghai Comp. (+0.3%) were less decisive amid lingering concerns of a regulatory crackdown and with the Chinese telecom firms hampered after their failed appeal against a NYSE delisting. However, energy and biopharmaceuticals names outperformed after Sinopharm’s COVID-19 vaccine was approved by the WHO for emergency use listing and Fosun Pharma’s subsidiary agreed with BioNTech to set up a JV for COVID-19 vaccine production and commercialization. Finally, 10yr JGBs were lacklustre amid the mostly positive risk tone in the region and following the recent tumultuous price action in T-notes in the aftermath of the US jobs data, although downside in JGBs was stemmed amid the presence of the BoJ in the market for JPY 925bln of JGBs with 1yr-5yr maturities.</p>\n<p><i>Top Asian News</i></p>\n<ul>\n <li>China’s Much-Hyped Digital Yuan Fails to Impress Early Users (1)</li>\n <li>Thai Lender Ngern Tid Surges on Debut After $1.1 Billion IPO (1)</li>\n <li>Inflation Debate Hits Emerging Markets With Pimco Standing Firm</li>\n <li>HSBC On Track to Hire 1,000 Wealth Managers in Asia by 2021</li>\n</ul>\n<p><b>Cash bourses in Europe trade mixed (Euro Stoxx 50 -0.3%) after the lukewarm momentum at the cash open lost steam as participants await the next catalyst – with the Monday docket somewhat mundane but the rest of the week looking livelier with US CPI/Retail Sales, Chinese inflation, ECB minutes, German ZEW, monthly oil market reports, the Aussie budget and UK GDP</b>. US equity futures meanwhile are similarly mixed with some mild underperformance seen in the tech-laden NQ as US yields continue to recover from the NFP trough, with the US 10yr meandering around 1.60%. Back to Europe, the indices vary in performance - the IBEX 35 (+0.1%) and FTSE 100 (+0.1%) are kept afloat by the notable outperformance in basic resources as copper and iron ore prices continue to rip higher as speculative bets mount over the recovery and ramp-up in EV production. This sees the likes of Rio Tinto (+3.2%), BHP (+2.8%), Antofagasta (+2.5%) among the Stoxx 600 winners at the time of writing. Elsewhere, banks are supported by the high yield environment whilst Italy’s FTSE MIB (+0.5%) outperforms as its heavyweight banking sector cheers further rhetoric surrounding banking consolidations. The downside meanwhile sees Travel &amp; Leisure – with UK airlines lower (easyJet -3.3%, Ryanair -1.2%, IAG -2.7%) after the UK green-list of countries was not well received as Spain, France, and Greece have been omitted for the time being. In terms of individual movers, MAN SE (+27%) surged and hold onto gains after Traton (+2.4%) offered a 27% premium to MAN’s minority shareholders in a bid to squeeze them out. Deutsche Bank (+0.6%) shares meanwhile were dented as reports suggested the Co. and JP Morgan (Unch pre-mkt) are among those being sued by 1MDB, although the broader banking sector's performance has cushioned losses.</p>\n<p><i>Top European News</i></p>\n<ul>\n <li>BioNTech Rises in Premarket After China JV, EU Order</li>\n <li>Jailed Ex- Wirecard CEO Sues Chubb to Pick Up His Legal Bills</li>\n <li>SocGen to Expand Corporate Banking After Trading Losses</li>\n <li>Hedge Fund Star Guiding $1.3 Trillion in Norway Talks Talent</li>\n</ul>\n<p><b>In FX</b>, sterling is sharply outperforming in similar vain to this time last Monday when most in the UK where absent due to the early May Day Bank holiday, and several factors are aligning to propel the Pound beyond key or psychological levels against its major counterparts. Indeed, Cable has breached the 1.4000 mark that has been impervious since late February and now looks primed for a run at the next round number with the aid of ongoing Buck weakness in wake of last Friday’s US labour data disappointment, but also after Scottish election results over the weekend revealing a win for the SNP, but a single vote short of the absolute majority needed to call another independence referendum. Meanwhile, UK Health Minister Dorries has alluded to the possibility that very good data regarding vaccinations and COVID-19 developments could prompt PM Johnson to bring forward the next stage of reopening from lockdown, and Sterling is also benefiting at the expense of the Yen as the Gbp/Jpy cross rallies to a new 153.30+ y-t-d high and Usd/Jpy rebounds markedly from just under 108.50 to probe 109.00 at one stage against the backdrop of rising US Treasury yields and curve re-flattening. However, the Greenback remains depressed overall and the index has dipped below the last base ahead of 90.000 from late February (90.125), albeit marginally within a 90.097-342 band ahead of employment trends and a speech by Fed’s Evans.</p>\n<ul>\n <li>AUD/CAD/NZD - A blistering rise in iron ore prices, record increase in the case of copper and a stellar improvement in NAB business sentiment in contrast to slightly weaker than anticipated retail sales, are all helping the Aussie extend gains vs its US and NZ rivals, with Aud/Usd approaching 0.7875 and Aud/Nzd back within striking distance of 1.0800. However, the Kiwi is also holding firm against its US peer and only pips shy of 0.7300 following fairly upbeat remarks from NZ Finance Minister Robertson on the domestic recovery overnight, and the Loonie is having a close look at offers around 1.2100 with support from firm WTI after the closure of the Colonial Pipeline in the US (biggest for refined products) due to a ransomware attack.</li>\n <li>EUR/CHF - The cross is on a more even keel either side of 1.0950 as the Euro and Franc both take advantage of the Dollar’s demise to trade above 1.2175 and 0.9000 respectively at best, with Eur/Usd also underpinned by a significantly better than forecast Eurozone Sentix Index and Usd/Chf not that surprised to see a modest rise in weekly Swiss domestic bank sight deposits.</li>\n</ul>\n<p><b>In commodities,</b>WTI and Brent front-month futures are on a modestly firmer footing at the start of the week in what is seemingly a move in sympathy with RBOB gasoline in wake of the Colonial Pipeline being taken offline after a cyber-attack. The pipeline is a major artery for the delivery of refined products to the East Coast, transporting some 2.5mln BPD of products and accounting for around half of the East Coast’s consumption. Similar to the playbook during the Texas deep freeze, the bullishness of the situation will likely be determined by how prolonged the issue is - with no timeline touted thus far. Furthermore, it is worth keeping the geopolitical angle on the radar as preliminary findings indicate that the group involved in the hacking could be tied to Russia. Sticking with geopolitics, the general tone regarding the Iranian talks essentially remains that “progress is being made, but differences remain”, with little new to report on this front. WTI gapped higher above USD 65/bbl and trades around the middle of a USD 0.7/bbl range. Brent is back under USD 69/bbl having printed a USD 68.44-69.20 intraday range so far. Elsewhere, spot gold and silver are relatively uneventful and await fresh catalysts around recent ranges of USD 1830-39/oz and USD 27.40-82/oz respectively. Focus overnight and in early hours has been on the surge in base-metal prices, with LME copper hitting record highs, whilst Shanghai copper rose over 5% and Dalian iron ore futures hitting fresh all-time highs, surging some 10% - with traders and analysts citing speculative bets placed on re-inflation and the recovery.</p>\n<p><b>US Event Calendar</b></p>\n<ul>\n <li>2pm: Fed’s Evans Discusses Economic Outlook</li>\n</ul>\n<p><b>DB's Jim Reid concludes the overnight wrap</b></p>\n<p>I took our twins to their first football practise this weekend at three and three-quarters. I haven’t seen so many headless chickens since Liverpool last played. They were a bit intimidated at the start of the session and wouldn’t stop holding each other’s hand which is not ideal in trying to play football. By the end of the session they were on opposite sides and kicking each other. Normal service had resumed.</p>\n<p>This followed an epic battle at the end of last week in markets. I can’t remember an intellectually more fascinating data print than Friday’s payroll number. It had the market in a real spin trying to interpret it.</p>\n<p>I lean on the side that the poor payrolls number (266k vs 1 million expected) is highly indicative of how difficult it is to hire at the moment as the economy fires back. My CoTD on Thursday (link here) showed that the small business “Jobs hard to fill” index was at record highs last month. This is a something that only happens late cycle and definitely not at the start. Some of this is in the logistics of hiring in a pandemic, and some of this is likely that the fiscal support is so generous that the incentive to rush back is low for many. There are signs this is leading to higher wages. One way to look at this is that companies need to outbid the government to get workers.</p>\n<p>DB’s Matt Luzzetti pointed out on Friday that if we look at one area of the economy to avoid the overall jumbled picture, then we can see signs of rapid wage growth. He points out that within the leisure and hospitality sector, wage growth for production and non-supervisory workers rose a record 2.7% MoM in April. Over the past three months, wages for this set of employees have risen by more than 25% on an annualised basis even though job growth is strong here. (See here for more)</p>\n<p>So for me the payroll report was a mix of a freak release and signs of how difficult it is to hire at the moment. This report can still be seen as inflationary. This was perhaps illustrated by the fact that 10yr breakevens rose above 2.50% on Friday (+5bps on the day) and to their highest levels since April 2013. 10yr nominal yields collapsed 8bps within seconds of the release but recovered all of it within 90 mins and rose a further 1.5bps into the close. All on what might be the biggest data miss in history relative to expectations. Yields had already fully recovered before President Biden speech where he used the report as the basis that more stimulus was needed saying its “clear the economy still has a long way to go.” The President will be touting his plans for infrastructure and social spending that could total to as much as $4 trillion over the course of the next few months, and the weaker jobs report is likely to be a big talking point.</p>\n<p>Overnight, Asian markets have started the week on the front foot with the Nikkei (+0.55%), Shanghai Comp (+0.06%) and Kospi (+1.59%) all up. An exception to this pattern is the Hang Seng (-0.33%). Futures on the S&amp;P 500 are also up +0.18% while yields on 10yr USTs are up +1.7bps to 1.596%. In FX, the British pound is up +0.27% after the SNP missed out by one seat on an outright majority in Scotland polls (more below). In commodities, iron ore prices are up a stunning +9.12% and are trading at new record highs while WTI oil prices are up +0.52% after a cyberattack led to the closure of the Colonial Pipeline. The operator has currently given no timeline for a restart.</p>\n<p>Turning to the latest on the pandemic, the share of US hospital beds occupied by COVID-19 patients fell to 5.37%, the lowest since October while weekly new cases in the US dropped to the lowest level since the end of September. Elsewhere, India continues to remain the worst impacted country and continued to report over 400k daily new cases over the weekend. India also reported over 4000 fatalities now for two days in a row. See global comparisons in our tables in the main body of this report.</p>\n<p>To the week ahead now before we recap last week in markets. Normally the week after payrolls is relatively quiet for US data but with the first Friday of the month falling quite late we are instead going into a busier week than normal with the all important CPI on Wednesday the stand-out. The headline YoY rate is likely to be around 3.6% with it being nearer 4% in May. Analysts expect that to be close to the peak but from that point on it will be fascinating to see whether it does progressively mean revert lower or remain fairly elevated. We’ll preview more later in the week. We’ll also get the numbers on US producer prices (Thursday), retail sales and industrial production (both Friday), so plenty for markets to watch out for. Chinese inflation tomorrow is also a potentially important release.</p>\n<p>Back to the US, this week will also see President Biden hold a bipartisan meeting with House and Senate leadership, where the administration’s economic proposals are expected to be on the agenda.</p>\n<p>The week is a quieter one from central banks, with all the major ones having made their latest monetary policy decisions for the time being. However, we’ll still hear from a number of Fed speakers over the coming days, with eight FOMC voters including NY President Williams (Tuesday), Governor Brainard (Tuesday) and Vice Chair Clarida (Wednesday). It was remarkable how choreographed the Fed speakers were last week. Is that good (shows unity) or bad (hints at reduced levels of debate)?</p>\n<p>In the U.K. the Scottish question will remain in focus with the SNP just failing to win a majority but still seeing a strong set of results. With the Scottish Green Party they do have a pro-Independence majority. Staying on UK politics, this week will also see the Queen’s Speech take place tomorrow, which is where the government outlines its legislative agenda for the coming session of Parliament. We could see some interesting policy desires from a government emboldened by very good election results on Thursday.</p>\n<p>Earnings season is winding down now, with more than 430 of the S&amp;P 500 companies having reported. Nevertheless, we will get a few more releases this week, including 16 from the S&amp;P 500 and a further 74 from the STOXX 600. Among the highlights include Marriott today, before Nissan and SoftBank report tomorrow. Then on Wednesday we’ll hear from Allianz, Deutsche Telekom, Iberdrola, Bayer, Commerzbank, Merck and Toyota. Thursday sees reports from Disney, Airbnb and Alibaba, and Friday includes Honda and Toshiba.</p>\n<p>To recap last week, risk markets continued to reach new highs as cyclicals led the way. The poor US jobs number on Friday sparked a rally as it was interpreted that the Fed would remain accommodative for longer. This came after the Federal Reserve warned earlier in the week that markets were vulnerable to “significant declines” if risk appetite falters, but little seems to be affecting investors’ confidence for now. The S&amp;P 500 rose +1.23% (+0.74% Friday) on the week to finish at a new record high, with the index having now risen 8 of the last 10 weeks. Cyclical sectors drove the majority of gains as banks (+4.43%), transports (+3.89%) and energy (+8.58%) stocks outperformed growth stocks on the week.</p>\n<p>The NASDAQ fell back -1.51% (+0.88% Friday), while the mega-cap NYFANG index saw greater losses of -2.87%, which is third straight weekly loss for the heavily concentrated tech index. The VIX volatility index fell -1.7pts to 16.7, which is the second lowest weekly close in the implied volatility index since the start of the pandemic. European banks (+2.22%) rose to their highest levels post-pandemic as cyclicals also drove gains on this side of the Atlantic. European stocks overall reached their own record highs as the STOXX 600 gained +1.72% (+0.89% Friday) over the week, with the FTSE 100 (+2.29%) and IBEX (+2.77%) outperforming other bourses.</p>\n<p>Commodity prices rose to their highest price levels since September 2011. Inflation worries and supply bottlenecks has seen the Bloomberg Commodity Index – comprised of 23 raw materials including oil, metals and agriculture products – rise +3.73% last week to its highest levels in nearly a decade, and +81% since the March 2020 lows. Copper futures gained +6.41% to reach its record high of its own, while Brent (+1.40%) and WTI (+2.08%) crude rose to their highest levels since early March. Prices on agriculture products have also risen sharply over the last few months with corn this week rising +4.43% and now up over +150% since August.</p>\n<p>In a week where most asset prices rose, government bonds were no different. US 10yr yields finished the week -4.9bps lower (+0.8bps Friday) at 1.577% - the fourth weekly drop in yields over the last five weeks. The global benchmark is now -16.3bps lower than the March 31 closing highs of 1.74% although we did rise 9.5bps off the immediate post payroll lows into the close. The week’s move was driven by the drop in real rates (-14.8bps) which overcame the smaller, but substantial, rise in inflation expectations (+9.9bps). As discussed earlier, 10yr breakevens are now above 2.50% for the first time since April 2013. European rates also fell back last week with 10yr bund yields falling -1.3bps and UK gilt yields declining -6.7bps. In FX, the dollar index fell back -1.15% - the 4th weekly loss out of the last 5 and it now sits at its lowest levels since late February.</p>\n<p>To finally complete the payroll picture we saw a very weak 266k print (vs 1.0mn expected). Additionally, March’s number was revised down to 770k (vs 916k previously). This would seem to take discussion of tapering off the table for the June Fed meeting and could raise questions on what constitutes a “string” of good data, which Fed Chair Powell said was among the parameters needed to begin talking about slowing bond purchases. The unemployment rate rose slightly to 6.1% (5.8% expected) from 6.0% the month prior.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Futures Flat As Soaring Commodities Depress Tech Stocks</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\">\nFutures Flat As Soaring Commodities Depress Tech Stocks\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-10 20:41 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.zerohedge.com/markets/futures-flat-soaring-commodities-depress-tech-stocks><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>S&P futures started the weak flat with Nasdaq futures falling offset by surging commodity stocks as a new record in copper and iron ore prices stoked concern about whether inflation will derail a ...</p>\n\n<a href=\"https://www.zerohedge.com/markets/futures-flat-soaring-commodities-depress-tech-stocks\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPY":"标普500ETF",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index",".DJI":"道琼斯"},"source_url":"https://www.zerohedge.com/markets/futures-flat-soaring-commodities-depress-tech-stocks","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1161135720","content_text":"S&P futures started the weak flat with Nasdaq futures falling offset by surging commodity stocks as a new record in copper and iron ore prices stoked concern about whether inflation will derail a growth rebound in the world’s largest economy and spoil a record stock rally.  Metal producers were among the biggest gainers in premarket trading, with Freeport-McMoRan, Cleveland-Cliffs and United States Steel all up at least 3%.At 715 am ET, Dow e-minis were up 109 points, or 0.31%, S&P 500 e-minis were up 3.25 points, or 0.08%, and Nasdaq 100 e-minis were down 35.5 points, or 0.26%.The tech-heavy index has been whipsawed by the prospect of inflation which threatens longer-term profit expectations typical of the industry A downgrade by Citi of Internet stocks such as GOOGL did not help. Treasury yields steadied as traders brace for a busy week of auctions.\nSome notable premarket movers:\n\n\nCopper miner Freeport-McMoran rose 3.5% premarket, while aluminum giant Alcoa gained 3.6% and steelmaker United States Steel Corp was up 3.1% as copper prices touched a record high and aluminum scaled a new peak.\nChevron, Occidental Petroleum and Exxon Mobil all rose about 1% after a cyber attack on top U.S. pipeline operator Colonial Pipeline shuttered fuel network that transports nearly half of the East Coast's supplies, lifting oil prices.\nCybersecurity firm FireEye jumped about 6% as industry sources said the company was among those helping Colonial Pipeline to recover from one of the most disruptive digital ransom schemes reported.\nSome banks dipped after Malaysia’s 1MDB and a former unit have filed suits against several banks entities including JPMorgan Chase and Deutsche Bank as the nation seeks to recover assets worth more than $23 billion linked to the scandal-plagued state-owned investment fund.\n\nThe S&P 500 and the Dow ended at record closing highs on Friday as an unexpected slowdown in monthly jobs growth eased inflation worries and fueled bets that the U.S. Federal Reserve would remain accommodative for longer.  With latest economic reports depicting that the U.S. economy is not recovering at the explosive pace as previously forecast, inflation numbers this week and comments from Federal Reserve officials could chart the next course for U.S. equities. Meanwhile, earnings season is in its final stretch with a record 87% of 439 S&P 500 companies beating estimates for profit. Analysts expect overall first-quarter earnings to jump 50.4% from a year ago, their strongest growth rate since 2010.\n“Friday’s historical NFP (non-farm payrolls) miss has been a sigh of relief for the market; the Federal Reserve won’t pull away the punch bowl just yet,” said Ipek Ozkardeskaya, a senior analyst at Swissquote. “The post-NFP-high could leave its place to some hangover by Wednesday, when the U.S. will announce the April inflation data.”\nEuropean stocks were mixed as a really for banks and basic-resources companies such as Rio Tinto, BHP and Glencore countered declines in the tech and hospitality industries. The pan-European STOXX 600 index rose 0.1% to hit a fresh all-time high, with miners rallying 2.6% to a 10-year-high on the back of strong commodity prices. UK-listed miners such as Rio Tinto, BHP Group and Glencore rose almost 3% after China’s benchmark iron ore futures surged 10% to a record high, steel prices rose 6% and copper prices touched record highs on hopes for improved demand amid tightening supply. “The boom in commodity prices is good news for the materials or the cyclical sectors,” said Rupert Thompson, chief investment officer at Kingswood Group in London. “It cements the idea that you’ve got further rotation towards value and commodity sectors. But on the other hand, you’ve got the clear risk that it does exacerbate worries about inflation.”\nUK’s commodity-heavy FTSE 100 rose 0.2% despite a surge in the pound, with British Prime Minister Boris Johnson set to announce the next phase of reopening from the COVID-19 lockdown. British Airways-owner IAG, easyJet and Wizz Air, however, fell between 2% and 3% after UK allowed international travel to resume from May 17, but just 12 countries made the so-called “green list”. The wider travel and leisure sector declined 1.3%, with highly valued technology stocks dropping 1.0%.\nHere are some of the biggest European movers today:\n\nVictrex shares rise as much as 9.5% after 1H results that Jefferies says were ahead of consensus.\nSuperdry soars as much as 18% to the highest since January 2020 after the Telegraph’s Questor column said the stock has been “supercharged” recently, but recommended readers to “keep buying.”\nHotel Chocolat jumps as much as 11% after the chocolatier reported revenue up 60% y/y for the eight-week period ended April 25. Liberum raised its price target to a Street-high, noting the “stellar period” despite stores being shut during Mother’s Day and Easter.\nASTM rises as much as 8.7% in Milan and is the day’s best performer on the FTSE Italia All-Share Index after Gavio-Ardian’s NAF 2 raised its bid to EU28/share from EU25.60/share.\nLogista gains as much as 5.8% to highest level in 14 months after the Spanish distribution company reported a 33% increase in fiscal 1H net income versus the same period a year ago.\nGalapagos NV drops as much as 8.4% to the lowest since Dec. 2016 after a report that the biotech is seeking a “large deal” in the next 12 months.\nJuventus falls as much as 7.2%, the steepest decline since April 21, after the Italian soccer club lost to AC Milan on Sunday. The Turin, Italy based team is now fifth in Serie A, with only the top four clubs winning access to the top European competition.\n\nEarlier in the session, Asian stocks climbedwith key indexes in South Korea and Australia reaching new record highs, as prices of energy and other commodities surged.The materials group gave the biggest boost to the MSCI Asia Pacific Index, reaching its highest level in 13 years, helped by surging metals prices and strong company earnings. Energy stocks gained after a cyberattack put the largest U.S. oil-products pipeline out of action. Equities in Asia also got a lift from U.S. peers climbing to fresh records as weak jobs data bolstered the case for continued stimulus in the world’s largest economy. South Korea’s Kospi led gains among national benchmarks, as buying by institutional investors helped push it to a record. The main equity gauge in commodities-heavy Australia also reached a new high.\nChina stocks closed little changed on Monday after sliding late last week on news that the U.S. will likely maintain limits on investments in certain Chinese firms. Strength in steel and vaccine makers was partly offset by weakness in consumer and financial heavyweights. The CSI 300 ended 0.1% lower, weighed by a 2% drop in the consumer staples subgauge and a 0.6% decline in financials. Liquor maker Kweichow Moutai, pig breeder Muyuan Foods and Industrial Bank were some of the biggest drags on the index. Fosun Pharmaceutical gained by the 10% daily limit as its unit agreed to establish a joint venture with BioNTech for local production and commercialization of its Covid-19 vaccine. Steel makers continued to rally as iron ore futures soar, bringing the CSI 300 Materials Index up by 1.3%, led by Inner Mongolia Baotou Steel’s limit up and Jiangxi Copper’s 9.9% jump. The subgauge has risen for three straight sessions with a 5% increase. Citic Securities has joined a bullish chorus toward cyclical shares, touting strength in coal stocks due to tight supply which will likely lead to a price hike of the fuel. The broker also expects profitability for the sector to improve this quarter from a year ago, analysts including Zu Guopeng write in a note. The health-care heavy ChiNext Index climbed 0.4% and the Shanghai Composite added 0.3%. In Hong Kong, Meituan shares sank to a seven-month low after the Chinese e-commerce company’s billionaire chief executive officer shared and then deleted a poem on social media that some interpreted as a veiled criticism of Beijing\nJapanese stocks rose, following U.S. peers higher after weaker-than-expected data eased concerns that the world’s largest economy will be withdrawing its stimulus. Auto and electronics makers were the biggest boosts to the Topix. SoftBank Group and Daikin were the largest contributors to gains in the Nikkei 225. Energy and metals-related stocks climbed with commodities prices, amid strong Japanese steelmaker earnings and the shutdown of the largest U.S. oil-products pipeline following a cyberattack. The yen was down about 0.2% to 108.85 per dollar after strengthening 0.5% Friday. U.S. stocks climbed to a record Friday, while Treasuries were little changed, after surprisingly weak jobs data eased fears about higher inflation and a cutback in stimulus. “U.S. rates didn’t jump as much last Friday following the jobs data. Relative stability there is helping money flow to risk assets,” said Ayako Sera, a market strategist at Sumitomo Mitsui Trust Bank. “The yen is weaker today, also giving support to Japanese equities.”\nIn FX, the Bloomberg Dollar Spot Index slipped to its weakest level since January 21 on the back of the disappointing U.S. jobs report Friday while the pound climbed to its highest level since February after U.K. elections denied Scotland’s main independence party an outright majority and strengthened the grip of the Conservatives. The Australian dollar led commodity currencies higher, rising to its strongest level since February as iron ore futures surged amid a commodities boom. The yen dropped from near a two-week high as U.S. Treasury yields climbed. Super-long bonds advanced, while two- and five-year notes drifted lower. The onshore yuan advanced to its strongest level since 2018 as it defied attempts by the central bank to slow its gains amid an improving outlook for China’s economy;PBOC set the daily reference rate at 6.4425, compared to the average estimate of 6.4370 in a Bloomberg survey of traders and analysts\nIn rates, Treasury futures pared losses into early U.S. session, leaving yields little changed with belly of the curve outperforming. Treasury yields are mixed after retreating from session highs, within 1bp of Friday’s close; 10-year around 1.57%. Gilts are under pressure with 10-year yield higher by ~2bp; U.K. pound rallied to the highest level since February after Scottish National Party fell short of a majority in the country’s parliament. On supply front, Treasury new-issue auctions Tuesday-Thursday totaling $126b. Dollar IG issuance is also in focus with two jumbo deals expected this week, as early as Monday. Corporate bond underwriters anticipate $40b-$45b this week in front-loaded USD IG sales, including two jumbo transactions; the larger one is expected as soon as Monday, the other as soon as Tuesday.\nIn commodities, copper jumped to a record while iron ore futures surged more than 10%, adding to concern about inflation. Oil surged with WTI and Brent both rising and gasoline surged as much as 4.2% to the highest since May 2018 after a cyberattack forced the closure of a key U.S. pipeline. Ethereum rose above $4,000 for the first time ever after an increasingly bullishJPMorgan listed 6 reasonswhy ETH would keep rising.\nLooking at today's calendar, there are no major events; at 2pm the Fed’s Evans Discusses Economic Outlook.\nMarket Snapshot\n\nS&P 500 futures little changed at 4,226.00\nSTOXX Europe 600 little changed at 444.83\nMXAP up 0.6% to 208.75\nMXAPJ up 0.5% to 698.13\nNikkei up 0.5% to 29,518.34\nTopix up 1.0% to 1,952.27\nHang Seng Index little changed at 28,595.66\nShanghai Composite up 0.3% to 3,427.99\nSensex up 0.7% to 49,543.66\nAustralia S&P/ASX 200 up 1.3% to 7,172.80\nKospi up 1.6% to 3,249.30\nBrent Futures up 0.6% to $68.72/bbl\nGold spot up 0.3% to $1,836.40\nU.S. Dollar Index little changed at 90.20\nGerman 10Y yield rose 0.1 bps to -0.203%\nEuro little changed at $1.2157\n\nTop Overnight News from Bloomberg\n\nPresident Joe Biden is preparing for his first face-to-face meeting with the top two congressional Republicans, Mitch McConnell and Kevin McCarthy, just as the GOP is ramping up opposition to his $4 trillion economic plan, a rallying point for the party amid infighting over allegiance to former President Donald Trump\nIt’s back to square one for the dollar. Friday’s worse-than-expected U.S. employment data saw the Bloomberg Dollar Spot Index drop decisively below its 2021 uptrend, putting it back to little changed for the year. The biggest one-day slide in five months has also put the greenback at risk of a further decline toward the lowest since February 2018\nThree-month dollar-yen cross-currency basis sits around minus four basis points, the smallest in a year, in a sign investors are lending out more of the U.S. currency for better returns overseas. Three-month Japan government bills with a currency hedge currently yield about 0.17%, compared with only one basis point for similar-maturity Treasuries\nDeveloping world heavyweights including Brazil, China and India will report inflation data this week against a backdrop of quickening growth that’s being fueled by months of easy money and fiscal largess. Citigroup Inc.’s inflation-surprise index for emerging markets spiked last month to the highest since 2008, a sign investors may be underestimating the scale of the resurgence\nECB will look at its PEPP program in June and “we can augment or reduce our purchases of assets as needed, so as to maintain favorable financing conditions, Chief Economist Philip Lane says in Le Monde newspaper interview\nRiksbank Governor Stefan Ingves says there’s still considerable scope for more monetary supported if necessary, according to minutes of the central bank’s latest rate meeting\nAs China moves closer to rolling out the world’s first major sovereign digital currency, speculation over the global implications has reached a fever pitch\n\nA quick look at global markets courtesy of Newsquawk\nAsian equity markets began the week mostly positive as the region reacted to last Friday's disappointing jobs data stateside where Non-Farm Payrolls severely missed expectations and saw major US indices hit fresh record highs as the data supported the case for continued stimulus efforts. ASX 200 (+1.3%) was led higher by the mining related sectors after underlying commodity prices extended on gains which saw copper prices print fresh record levels and Dalian iron ore futures jumped by 10% at the open to hit limit up, while the energy sector was also lifted following a ransomware attack that forced the shutdown of the Colonial Pipeline, which is the largest refined products pipeline in the US and transports 45% of the east coast’s fuel supply. Furthermore, M&A related newsflow added to the encouragement with Crown Resorts among the best performers after it received an improved offer from Blackstone and a separate merger proposal from Star Entertainment. Nikkei 225 (+0.6%) benefitted from favourable currency flows and as participants took the recent state of emergency extension within their strides as this was widely flagged beforehand, although there were increased concerns regarding the Olympics after a recent poll showed 59% of the Japanese public think the games should be cancelled. Hang Seng (-0.1%) and Shanghai Comp. (+0.3%) were less decisive amid lingering concerns of a regulatory crackdown and with the Chinese telecom firms hampered after their failed appeal against a NYSE delisting. However, energy and biopharmaceuticals names outperformed after Sinopharm’s COVID-19 vaccine was approved by the WHO for emergency use listing and Fosun Pharma’s subsidiary agreed with BioNTech to set up a JV for COVID-19 vaccine production and commercialization. Finally, 10yr JGBs were lacklustre amid the mostly positive risk tone in the region and following the recent tumultuous price action in T-notes in the aftermath of the US jobs data, although downside in JGBs was stemmed amid the presence of the BoJ in the market for JPY 925bln of JGBs with 1yr-5yr maturities.\nTop Asian News\n\nChina’s Much-Hyped Digital Yuan Fails to Impress Early Users (1)\nThai Lender Ngern Tid Surges on Debut After $1.1 Billion IPO (1)\nInflation Debate Hits Emerging Markets With Pimco Standing Firm\nHSBC On Track to Hire 1,000 Wealth Managers in Asia by 2021\n\nCash bourses in Europe trade mixed (Euro Stoxx 50 -0.3%) after the lukewarm momentum at the cash open lost steam as participants await the next catalyst – with the Monday docket somewhat mundane but the rest of the week looking livelier with US CPI/Retail Sales, Chinese inflation, ECB minutes, German ZEW, monthly oil market reports, the Aussie budget and UK GDP. US equity futures meanwhile are similarly mixed with some mild underperformance seen in the tech-laden NQ as US yields continue to recover from the NFP trough, with the US 10yr meandering around 1.60%. Back to Europe, the indices vary in performance - the IBEX 35 (+0.1%) and FTSE 100 (+0.1%) are kept afloat by the notable outperformance in basic resources as copper and iron ore prices continue to rip higher as speculative bets mount over the recovery and ramp-up in EV production. This sees the likes of Rio Tinto (+3.2%), BHP (+2.8%), Antofagasta (+2.5%) among the Stoxx 600 winners at the time of writing. Elsewhere, banks are supported by the high yield environment whilst Italy’s FTSE MIB (+0.5%) outperforms as its heavyweight banking sector cheers further rhetoric surrounding banking consolidations. The downside meanwhile sees Travel & Leisure – with UK airlines lower (easyJet -3.3%, Ryanair -1.2%, IAG -2.7%) after the UK green-list of countries was not well received as Spain, France, and Greece have been omitted for the time being. In terms of individual movers, MAN SE (+27%) surged and hold onto gains after Traton (+2.4%) offered a 27% premium to MAN’s minority shareholders in a bid to squeeze them out. Deutsche Bank (+0.6%) shares meanwhile were dented as reports suggested the Co. and JP Morgan (Unch pre-mkt) are among those being sued by 1MDB, although the broader banking sector's performance has cushioned losses.\nTop European News\n\nBioNTech Rises in Premarket After China JV, EU Order\nJailed Ex- Wirecard CEO Sues Chubb to Pick Up His Legal Bills\nSocGen to Expand Corporate Banking After Trading Losses\nHedge Fund Star Guiding $1.3 Trillion in Norway Talks Talent\n\nIn FX, sterling is sharply outperforming in similar vain to this time last Monday when most in the UK where absent due to the early May Day Bank holiday, and several factors are aligning to propel the Pound beyond key or psychological levels against its major counterparts. Indeed, Cable has breached the 1.4000 mark that has been impervious since late February and now looks primed for a run at the next round number with the aid of ongoing Buck weakness in wake of last Friday’s US labour data disappointment, but also after Scottish election results over the weekend revealing a win for the SNP, but a single vote short of the absolute majority needed to call another independence referendum. Meanwhile, UK Health Minister Dorries has alluded to the possibility that very good data regarding vaccinations and COVID-19 developments could prompt PM Johnson to bring forward the next stage of reopening from lockdown, and Sterling is also benefiting at the expense of the Yen as the Gbp/Jpy cross rallies to a new 153.30+ y-t-d high and Usd/Jpy rebounds markedly from just under 108.50 to probe 109.00 at one stage against the backdrop of rising US Treasury yields and curve re-flattening. However, the Greenback remains depressed overall and the index has dipped below the last base ahead of 90.000 from late February (90.125), albeit marginally within a 90.097-342 band ahead of employment trends and a speech by Fed’s Evans.\n\nAUD/CAD/NZD - A blistering rise in iron ore prices, record increase in the case of copper and a stellar improvement in NAB business sentiment in contrast to slightly weaker than anticipated retail sales, are all helping the Aussie extend gains vs its US and NZ rivals, with Aud/Usd approaching 0.7875 and Aud/Nzd back within striking distance of 1.0800. However, the Kiwi is also holding firm against its US peer and only pips shy of 0.7300 following fairly upbeat remarks from NZ Finance Minister Robertson on the domestic recovery overnight, and the Loonie is having a close look at offers around 1.2100 with support from firm WTI after the closure of the Colonial Pipeline in the US (biggest for refined products) due to a ransomware attack.\nEUR/CHF - The cross is on a more even keel either side of 1.0950 as the Euro and Franc both take advantage of the Dollar’s demise to trade above 1.2175 and 0.9000 respectively at best, with Eur/Usd also underpinned by a significantly better than forecast Eurozone Sentix Index and Usd/Chf not that surprised to see a modest rise in weekly Swiss domestic bank sight deposits.\n\nIn commodities,WTI and Brent front-month futures are on a modestly firmer footing at the start of the week in what is seemingly a move in sympathy with RBOB gasoline in wake of the Colonial Pipeline being taken offline after a cyber-attack. The pipeline is a major artery for the delivery of refined products to the East Coast, transporting some 2.5mln BPD of products and accounting for around half of the East Coast’s consumption. Similar to the playbook during the Texas deep freeze, the bullishness of the situation will likely be determined by how prolonged the issue is - with no timeline touted thus far. Furthermore, it is worth keeping the geopolitical angle on the radar as preliminary findings indicate that the group involved in the hacking could be tied to Russia. Sticking with geopolitics, the general tone regarding the Iranian talks essentially remains that “progress is being made, but differences remain”, with little new to report on this front. WTI gapped higher above USD 65/bbl and trades around the middle of a USD 0.7/bbl range. Brent is back under USD 69/bbl having printed a USD 68.44-69.20 intraday range so far. Elsewhere, spot gold and silver are relatively uneventful and await fresh catalysts around recent ranges of USD 1830-39/oz and USD 27.40-82/oz respectively. Focus overnight and in early hours has been on the surge in base-metal prices, with LME copper hitting record highs, whilst Shanghai copper rose over 5% and Dalian iron ore futures hitting fresh all-time highs, surging some 10% - with traders and analysts citing speculative bets placed on re-inflation and the recovery.\nUS Event Calendar\n\n2pm: Fed’s Evans Discusses Economic Outlook\n\nDB's Jim Reid concludes the overnight wrap\nI took our twins to their first football practise this weekend at three and three-quarters. I haven’t seen so many headless chickens since Liverpool last played. They were a bit intimidated at the start of the session and wouldn’t stop holding each other’s hand which is not ideal in trying to play football. By the end of the session they were on opposite sides and kicking each other. Normal service had resumed.\nThis followed an epic battle at the end of last week in markets. I can’t remember an intellectually more fascinating data print than Friday’s payroll number. It had the market in a real spin trying to interpret it.\nI lean on the side that the poor payrolls number (266k vs 1 million expected) is highly indicative of how difficult it is to hire at the moment as the economy fires back. My CoTD on Thursday (link here) showed that the small business “Jobs hard to fill” index was at record highs last month. This is a something that only happens late cycle and definitely not at the start. Some of this is in the logistics of hiring in a pandemic, and some of this is likely that the fiscal support is so generous that the incentive to rush back is low for many. There are signs this is leading to higher wages. One way to look at this is that companies need to outbid the government to get workers.\nDB’s Matt Luzzetti pointed out on Friday that if we look at one area of the economy to avoid the overall jumbled picture, then we can see signs of rapid wage growth. He points out that within the leisure and hospitality sector, wage growth for production and non-supervisory workers rose a record 2.7% MoM in April. Over the past three months, wages for this set of employees have risen by more than 25% on an annualised basis even though job growth is strong here. (See here for more)\nSo for me the payroll report was a mix of a freak release and signs of how difficult it is to hire at the moment. This report can still be seen as inflationary. This was perhaps illustrated by the fact that 10yr breakevens rose above 2.50% on Friday (+5bps on the day) and to their highest levels since April 2013. 10yr nominal yields collapsed 8bps within seconds of the release but recovered all of it within 90 mins and rose a further 1.5bps into the close. All on what might be the biggest data miss in history relative to expectations. Yields had already fully recovered before President Biden speech where he used the report as the basis that more stimulus was needed saying its “clear the economy still has a long way to go.” The President will be touting his plans for infrastructure and social spending that could total to as much as $4 trillion over the course of the next few months, and the weaker jobs report is likely to be a big talking point.\nOvernight, Asian markets have started the week on the front foot with the Nikkei (+0.55%), Shanghai Comp (+0.06%) and Kospi (+1.59%) all up. An exception to this pattern is the Hang Seng (-0.33%). Futures on the S&P 500 are also up +0.18% while yields on 10yr USTs are up +1.7bps to 1.596%. In FX, the British pound is up +0.27% after the SNP missed out by one seat on an outright majority in Scotland polls (more below). In commodities, iron ore prices are up a stunning +9.12% and are trading at new record highs while WTI oil prices are up +0.52% after a cyberattack led to the closure of the Colonial Pipeline. The operator has currently given no timeline for a restart.\nTurning to the latest on the pandemic, the share of US hospital beds occupied by COVID-19 patients fell to 5.37%, the lowest since October while weekly new cases in the US dropped to the lowest level since the end of September. Elsewhere, India continues to remain the worst impacted country and continued to report over 400k daily new cases over the weekend. India also reported over 4000 fatalities now for two days in a row. See global comparisons in our tables in the main body of this report.\nTo the week ahead now before we recap last week in markets. Normally the week after payrolls is relatively quiet for US data but with the first Friday of the month falling quite late we are instead going into a busier week than normal with the all important CPI on Wednesday the stand-out. The headline YoY rate is likely to be around 3.6% with it being nearer 4% in May. Analysts expect that to be close to the peak but from that point on it will be fascinating to see whether it does progressively mean revert lower or remain fairly elevated. We’ll preview more later in the week. We’ll also get the numbers on US producer prices (Thursday), retail sales and industrial production (both Friday), so plenty for markets to watch out for. Chinese inflation tomorrow is also a potentially important release.\nBack to the US, this week will also see President Biden hold a bipartisan meeting with House and Senate leadership, where the administration’s economic proposals are expected to be on the agenda.\nThe week is a quieter one from central banks, with all the major ones having made their latest monetary policy decisions for the time being. However, we’ll still hear from a number of Fed speakers over the coming days, with eight FOMC voters including NY President Williams (Tuesday), Governor Brainard (Tuesday) and Vice Chair Clarida (Wednesday). It was remarkable how choreographed the Fed speakers were last week. Is that good (shows unity) or bad (hints at reduced levels of debate)?\nIn the U.K. the Scottish question will remain in focus with the SNP just failing to win a majority but still seeing a strong set of results. With the Scottish Green Party they do have a pro-Independence majority. Staying on UK politics, this week will also see the Queen’s Speech take place tomorrow, which is where the government outlines its legislative agenda for the coming session of Parliament. We could see some interesting policy desires from a government emboldened by very good election results on Thursday.\nEarnings season is winding down now, with more than 430 of the S&P 500 companies having reported. Nevertheless, we will get a few more releases this week, including 16 from the S&P 500 and a further 74 from the STOXX 600. Among the highlights include Marriott today, before Nissan and SoftBank report tomorrow. Then on Wednesday we’ll hear from Allianz, Deutsche Telekom, Iberdrola, Bayer, Commerzbank, Merck and Toyota. Thursday sees reports from Disney, Airbnb and Alibaba, and Friday includes Honda and Toshiba.\nTo recap last week, risk markets continued to reach new highs as cyclicals led the way. The poor US jobs number on Friday sparked a rally as it was interpreted that the Fed would remain accommodative for longer. This came after the Federal Reserve warned earlier in the week that markets were vulnerable to “significant declines” if risk appetite falters, but little seems to be affecting investors’ confidence for now. The S&P 500 rose +1.23% (+0.74% Friday) on the week to finish at a new record high, with the index having now risen 8 of the last 10 weeks. Cyclical sectors drove the majority of gains as banks (+4.43%), transports (+3.89%) and energy (+8.58%) stocks outperformed growth stocks on the week.\nThe NASDAQ fell back -1.51% (+0.88% Friday), while the mega-cap NYFANG index saw greater losses of -2.87%, which is third straight weekly loss for the heavily concentrated tech index. The VIX volatility index fell -1.7pts to 16.7, which is the second lowest weekly close in the implied volatility index since the start of the pandemic. European banks (+2.22%) rose to their highest levels post-pandemic as cyclicals also drove gains on this side of the Atlantic. European stocks overall reached their own record highs as the STOXX 600 gained +1.72% (+0.89% Friday) over the week, with the FTSE 100 (+2.29%) and IBEX (+2.77%) outperforming other bourses.\nCommodity prices rose to their highest price levels since September 2011. Inflation worries and supply bottlenecks has seen the Bloomberg Commodity Index – comprised of 23 raw materials including oil, metals and agriculture products – rise +3.73% last week to its highest levels in nearly a decade, and +81% since the March 2020 lows. Copper futures gained +6.41% to reach its record high of its own, while Brent (+1.40%) and WTI (+2.08%) crude rose to their highest levels since early March. Prices on agriculture products have also risen sharply over the last few months with corn this week rising +4.43% and now up over +150% since August.\nIn a week where most asset prices rose, government bonds were no different. US 10yr yields finished the week -4.9bps lower (+0.8bps Friday) at 1.577% - the fourth weekly drop in yields over the last five weeks. The global benchmark is now -16.3bps lower than the March 31 closing highs of 1.74% although we did rise 9.5bps off the immediate post payroll lows into the close. The week’s move was driven by the drop in real rates (-14.8bps) which overcame the smaller, but substantial, rise in inflation expectations (+9.9bps). As discussed earlier, 10yr breakevens are now above 2.50% for the first time since April 2013. European rates also fell back last week with 10yr bund yields falling -1.3bps and UK gilt yields declining -6.7bps. In FX, the dollar index fell back -1.15% - the 4th weekly loss out of the last 5 and it now sits at its lowest levels since late February.\nTo finally complete the payroll picture we saw a very weak 266k print (vs 1.0mn expected). Additionally, March’s number was revised down to 770k (vs 916k previously). This would seem to take discussion of tapering off the table for the June Fed meeting and could raise questions on what constitutes a “string” of good data, which Fed Chair Powell said was among the parameters needed to begin talking about slowing bond purchases. The unemployment rate rose slightly to 6.1% (5.8% expected) from 6.0% the month prior.","news_type":1},"isVote":1,"tweetType":1,"viewCount":135,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":869510390,"gmtCreate":1632302068910,"gmtModify":1676530747147,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"temporary setback. not to worry.","listText":"temporary setback. not to worry.","text":"temporary setback. not to worry.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/869510390","repostId":"2169655087","repostType":4,"repost":{"id":"2169655087","kind":"news","pubTimestamp":1632301020,"share":"https://ttm.financial/m/news/2169655087?lang=&edition=fundamental","pubTime":"2021-09-22 16:57","market":"us","language":"en","title":"Smartphone shipments in China in August fall 9.9% yr/yr -CAICT","url":"https://stock-news.laohu8.com/highlight/detail?id=2169655087","media":"StreetInsider","summary":"SHANGHAI (Reuters) - Shipments of smartphones within China fell 9.9% year on year to 23.1 million ha","content":"<p>SHANGHAI (Reuters) - Shipments of smartphones within China fell 9.9% year on year to 23.1 million handsets in August, the China Academy of Information and Communications (CAICT) reported on Wednesday.</p>\n<p>The figures follow a large fall in July and a broader slump in the first half of the year.</p>\n<p>Shipment numbers were down from 25.6 million in August 2020 and 27.8 million in July 2021, according to the CAICT, a state-backed think tank.</p>\n<p>Handset brands are currently experiencing production issues due to a global computer chip shortage.</p>\n<p>A combination of factors including demand miscalculation, unexpected factory shutdowns and U.S.-China tensions have prompted a number of automobile companies to report chip sourcing issues.</p>\n<p>That shortage has since spread to many types of chips and all kinds of hardware, including smartphones.</p>\n<p>Delayed upgrades from consumers are also causing sales to slow.</p>\n<p>(Reporting by Josh Horwitz; editing by Jason Neely)</p>","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>Smartphone shipments in China in August fall 9.9% yr/yr -CAICT</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSmartphone shipments in China in August fall 9.9% yr/yr -CAICT\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-09-22 16:57 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.streetinsider.com/dr/news.php?id=18966877><strong>StreetInsider</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SHANGHAI (Reuters) - Shipments of smartphones within China fell 9.9% year on year to 23.1 million handsets in August, the China Academy of Information and Communications (CAICT) reported on Wednesday....</p>\n\n<a href=\"https://www.streetinsider.com/dr/news.php?id=18966877\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"399001":"深证成指","399006":"创业板指","000001.SH":"上证指数"},"source_url":"https://www.streetinsider.com/dr/news.php?id=18966877","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2169655087","content_text":"SHANGHAI (Reuters) - Shipments of smartphones within China fell 9.9% year on year to 23.1 million handsets in August, the China Academy of Information and Communications (CAICT) reported on Wednesday.\nThe figures follow a large fall in July and a broader slump in the first half of the year.\nShipment numbers were down from 25.6 million in August 2020 and 27.8 million in July 2021, according to the CAICT, a state-backed think tank.\nHandset brands are currently experiencing production issues due to a global computer chip shortage.\nA combination of factors including demand miscalculation, unexpected factory shutdowns and U.S.-China tensions have prompted a number of automobile companies to report chip sourcing issues.\nThat shortage has since spread to many types of chips and all kinds of hardware, including smartphones.\nDelayed upgrades from consumers are also causing sales to slow.\n(Reporting by Josh Horwitz; editing by Jason Neely)","news_type":1},"isVote":1,"tweetType":1,"viewCount":190,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":880822137,"gmtCreate":1631035689729,"gmtModify":1676530449726,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"30% roi in 1 year is too low for some traders who want 100% roi.","listText":"30% roi in 1 year is too low for some traders who want 100% roi.","text":"30% roi in 1 year is too low for some traders who want 100% roi.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/880822137","repostId":"2165849354","repostType":4,"isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9926020400,"gmtCreate":1671423650800,"gmtModify":1676538534192,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"feet hurt","listText":"feet hurt","text":"feet hurt","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926020400","repostId":"9926020929","repostType":1,"repost":{"id":9926020929,"gmtCreate":1671423400162,"gmtModify":1676538534161,"author":{"id":"9000000000000650","authorId":"9000000000000650","name":"ClarenceNehemiah","avatar":"https://static.tigerbbs.com/5fee988f6e6e3c043a31a7e8992655c4","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000650","authorIdStr":"9000000000000650"},"themes":[],"htmlText":"$MARA <a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> UpdateDownside risk 15 800However …. I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? No I’m not sure it is ….but I do see a bounce higher firstLow 15 800 support20K likely retest before making any new lowsTimeframe 2 to 4 weeks For Mara I do think they survive this if you can hold until 2025","listText":"$MARA <a href=\"https://ttm.financial/S/MARA\">$Marathon Digital Holdings Inc(MARA)$</a> UpdateDownside risk 15 800However …. I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? No I’m not sure it is ….but I do see a bounce higher firstLow 15 800 support20K likely retest before making any new lowsTimeframe 2 to 4 weeks For Mara I do think they survive this if you can hold until 2025","text":"$MARA $Marathon Digital Holdings Inc(MARA)$ UpdateDownside risk 15 800However …. I still think we bounce to 20K region in the next block timeframe Do I think the macro low is in ? No I’m not sure it is ….but I do see a bounce higher firstLow 15 800 support20K likely retest before making any new lowsTimeframe 2 to 4 weeks For Mara I do think they survive this if you can hold until 2025","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9926020929","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":288,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9961063343,"gmtCreate":1668788925583,"gmtModify":1676538114455,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Rexporters&nbsp;","listText":"Rexporters&nbsp;","text":"Rexporters","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9961063343","repostId":"1180793927","repostType":4,"isVote":1,"tweetType":1,"viewCount":377,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910844001,"gmtCreate":1663601639203,"gmtModify":1676537299528,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Trade&nbsp;","listText":"Trade&nbsp;","text":"Trade","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910844001","repostId":"9937037882","repostType":1,"repost":{"id":9937037882,"gmtCreate":1663318317646,"gmtModify":1676537251440,"author":{"id":"3527667588142897","authorId":"3527667588142897","name":"TigerPM","avatar":"https://static.tigerbbs.com/a6704bebf28358e0d9c638e765403bd0","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3527667588142897","authorIdStr":"3527667588142897"},"themes":[],"title":"TigerTrade 8.0.4: New Features you should know","htmlText":"What's New [Hot] Customized Pro/Lite settings for Symbol/Order Page[Upgrade] Quote Tab supports customized market segments[Upgrade] Symbol page supports more Pro/Lite modules[Upgrade] Fund cash dividend and Fund position page optimization Features Introduction 1.Customizable Pro/Lite settings for Symbol Page and Order PageIn this version, the \"Pro\" and \"Lite\" interface options were added for Symbol Page and Order Page. The Lite interface provides you with only the most critical information and most frequently used functions in the trading process, making the process more efficient and convenient. The Pro interface provides you with richer market information and more advanced trading features for experienced users. You can always switch back to your preferred interface in Profile-Settings-P","listText":"What's New [Hot] Customized Pro/Lite settings for Symbol/Order Page[Upgrade] Quote Tab supports customized market segments[Upgrade] Symbol page supports more Pro/Lite modules[Upgrade] Fund cash dividend and Fund position page optimization Features Introduction 1.Customizable Pro/Lite settings for Symbol Page and Order PageIn this version, the \"Pro\" and \"Lite\" interface options were added for Symbol Page and Order Page. The Lite interface provides you with only the most critical information and most frequently used functions in the trading process, making the process more efficient and convenient. The Pro interface provides you with richer market information and more advanced trading features for experienced users. You can always switch back to your preferred interface in Profile-Settings-P","text":"What's New [Hot] Customized Pro/Lite settings for Symbol/Order Page[Upgrade] Quote Tab supports customized market segments[Upgrade] Symbol page supports more Pro/Lite modules[Upgrade] Fund cash dividend and Fund position page optimization Features Introduction 1.Customizable Pro/Lite settings for Symbol Page and Order PageIn this version, the \"Pro\" and \"Lite\" interface options were added for Symbol Page and Order Page. The Lite interface provides you with only the most critical information and most frequently used functions in the trading process, making the process more efficient and convenient. The Pro interface provides you with richer market information and more advanced trading features for experienced users. You can always switch back to your preferred interface in Profile-Settings-P","images":[{"img":"https://community-static.tradeup.com/news/31ea0ba52838d25a47ff3aa08c1476b0","width":"632","height":"1369"},{"img":"https://community-static.tradeup.com/news/ec31903dd07defbd0747dc737c9b7bb0","width":"632","height":"1368"},{"img":"https://community-static.tradeup.com/news/1dae2755d6555480e78e0f213fc098fe","width":"632","height":"1368"}],"top":1,"highlighted":1,"essential":2,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9937037882","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":5,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":397,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9910845635,"gmtCreate":1663601579327,"gmtModify":1676537299513,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Bested&nbsp;","listText":"Bested&nbsp;","text":"Bested","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9910845635","isVote":1,"tweetType":1,"viewCount":103,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9936720681,"gmtCreate":1662832740544,"gmtModify":1676537147655,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"gogogo","listText":"gogogo","text":"gogogo","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9936720681","repostId":"9938778202","repostType":1,"repost":{"id":9938778202,"gmtCreate":1662680984806,"gmtModify":1676537115036,"author":{"id":"9000000000000340","authorId":"9000000000000340","name":"zinglee","avatar":"https://static.tigerbbs.com/c0126a7d8aadf37410e3ec43acf556ad","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"9000000000000340","authorIdStr":"9000000000000340"},"themes":[],"title":"1 High-Conviction Growth Stock Down Over 46% to Buy Now","htmlText":"This digital advertising company is in the right place at the right time.This year it seems like shares ofThe Trade Desk(TTD3.55%)just can't catch a break. In August, the digital advertising company announced second-quarter earnings results that made the stock market cheer, but the enthusiasm didn't last.Now, shares of The Trade Desk are down more than 20% from their summer peak and 46% from the all-time high they reached last year.The Trade Desk stock may be down, but winds of change are blowing its underlying business in the right direction. Here's why you can confidently buy this stock now and hold it for the long run.Sorry, GoogleGoogle is still adigital advertisingbehemoth, but big spenders are increasingly likely to seek out The Trade Desk.Google is falling out of favor, because as a","listText":"This digital advertising company is in the right place at the right time.This year it seems like shares ofThe Trade Desk(TTD3.55%)just can't catch a break. In August, the digital advertising company announced second-quarter earnings results that made the stock market cheer, but the enthusiasm didn't last.Now, shares of The Trade Desk are down more than 20% from their summer peak and 46% from the all-time high they reached last year.The Trade Desk stock may be down, but winds of change are blowing its underlying business in the right direction. Here's why you can confidently buy this stock now and hold it for the long run.Sorry, GoogleGoogle is still adigital advertisingbehemoth, but big spenders are increasingly likely to seek out The Trade Desk.Google is falling out of favor, because as a","text":"This digital advertising company is in the right place at the right time.This year it seems like shares ofThe Trade Desk(TTD3.55%)just can't catch a break. In August, the digital advertising company announced second-quarter earnings results that made the stock market cheer, but the enthusiasm didn't last.Now, shares of The Trade Desk are down more than 20% from their summer peak and 46% from the all-time high they reached last year.The Trade Desk stock may be down, but winds of change are blowing its underlying business in the right direction. Here's why you can confidently buy this stock now and hold it for the long run.Sorry, GoogleGoogle is still adigital advertisingbehemoth, but big spenders are increasingly likely to seek out The Trade Desk.Google is falling out of favor, because as a","images":[{"img":"https://community-static.tradeup.com/news/e071791832dad67336ad8d8e9dbcf649","width":"700","height":"467"}],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9938778202","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":2,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":372,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9908002975,"gmtCreate":1659282918197,"gmtModify":1676536280867,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"Sad case","listText":"Sad case","text":"Sad case","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9908002975","repostId":"1139103237","repostType":4,"repost":{"id":"1139103237","kind":"news","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":1659102890,"share":"https://ttm.financial/m/news/1139103237?lang=&edition=fundamental","pubTime":"2022-07-29 21:54","market":"us","language":"en","title":"Hot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%","url":"https://stock-news.laohu8.com/highlight/detail?id=1139103237","media":"Tiger Newspress","summary":"Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.","content":"<html><head></head><body><p>Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.<img src=\"https://static.tigerbbs.com/e2bfd11edf891b52f17f36d22a8e2b06\" tg-width=\"253\" tg-height=\"432\" 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 Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%</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\">\nHot Chinese ADRs Sank in Morning Trading, With Alibaba and Bilibili Falling Over 7%\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2022-07-29 21:54</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.<img src=\"https://static.tigerbbs.com/e2bfd11edf891b52f17f36d22a8e2b06\" tg-width=\"253\" tg-height=\"432\" 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","BILI":"哔哩哔哩"},"source_url":"","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1139103237","content_text":"Hot Chinese ADRs sank in morning trading, with Alibaba and Bilibili falling over 7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":312,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":897285136,"gmtCreate":1628923583725,"gmtModify":1676529894889,"author":{"id":"3570789383970600","authorId":"3570789383970600","name":"invinsor","avatar":"https://static.tigerbbs.com/4fb8580fdc74671f48f5361b3a176ccb","crmLevel":2,"crmLevelSwitch":0,"followedFlag":false,"idStr":"3570789383970600","authorIdStr":"3570789383970600"},"themes":[],"htmlText":"must invest in this sector. may profit a few 100% in 5 years","listText":"must invest in this sector. may profit a few 100% in 5 years","text":"must invest in this sector. may profit a few 100% in 5 years","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/897285136","repostId":"1149823415","repostType":4,"repost":{"id":"1149823415","kind":"news","pubTimestamp":1628909753,"share":"https://ttm.financial/m/news/1149823415?lang=&edition=fundamental","pubTime":"2021-08-14 10:55","market":"us","language":"en","title":"Where Will Virgin Galactic Stock Be In 10 Years?","url":"https://stock-news.laohu8.com/highlight/detail?id=1149823415","media":"seekingalpha","summary":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"d","content":"<p><b>Summary</b></p>\n<ul>\n <li>Virgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.</li>\n <li>However, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.</li>\n <li>We would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.</li>\n <li>Lastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.</li>\n</ul>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/00922c9874a28954c08c613b8dbf378b\" tg-width=\"768\" tg-height=\"493\" width=\"100%\" height=\"auto\"><span>Nastco/iStock via Getty Images</span></p>\n<p><b>Investment Thesis</b></p>\n<p>Back in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.</p>\n<p>Since then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from&nbsp;late Q3'CY22.</p>\n<p>This article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.</p>\n<p>Lastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.</p>\n<p><b>Revisions to Virgin Galactic's Mean Consensus Estimates</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/9e15e65a740bf4a03405cd6f31e82bfc\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>May's consensus revenue estimates &amp; Aug's consensus revenue estimates. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/149d99203d29b3a3e785096ccc509c57\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Scale of revised estimates (Between May and Aug estimates). Data source: S&amp;P Capital IQ</span></p>\n<p>Investors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.</p>\n<p><b>Private Commercial Full Revenue Service is Expected from Q3'CY22</b></p>\n<p>SPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.</p>\n<p>As a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.</p>\n<p>However, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:</p>\n<blockquote>\n These enhancements\n <i>could potentially allow Eve to fly 100 flights between major maintenance inspections</i>. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n</blockquote>\n<p>In addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"</p>\n<p>The Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"</p>\n<p>Sure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:</p>\n<blockquote>\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n <i>that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today</i>.\"\n</blockquote>\n<p>If investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:</p>\n<blockquote>\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n</blockquote>\n<p>We are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).</p>\n<p><b>Are There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?</b></p>\n<p>Yes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket&nbsp;holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"</p>\n<p>Investors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"</p>\n<p>The company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"</p>\n<p>Importantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.</p>\n<p>Virgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience<b><i>.</i></b>And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"</p>\n<p><b>Strong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage</b></p>\n<p>Astute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.</p>\n<p>Based on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.</p>\n<p>The initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.</p>\n<p>However, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.</p>\n<p>Part of the reason that the company needed to raise the&nbsp;$500M equity&nbsp;offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.</p>\n<p>Crucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"</p>\n<p><b>Competing Against Blue Origin</b></p>\n<p>We think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.</p>\n<p>While we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture&nbsp;and the technology we have chosen is complete overkill for a suborbital tourism mission.”</p>\n<p>We think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"</p>\n<p>Therefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.</p>\n<p>One thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.</p>\n<p>Virgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.</p>\n<p><b>Free Cash Flow Forecast &amp; Valuations</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/48be5e8da375fdc72591e31b96a223f4\" tg-width=\"640\" tg-height=\"359\" width=\"100%\" height=\"auto\"><span>EBITDA margin forecast &amp; CapEx margin forecast. Data source: S&amp;P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/57509b52b1c0ac46a44e7a0dd619bd97\" tg-width=\"640\" tg-height=\"361\" width=\"100%\" height=\"auto\"><span>EV / Fwd EBITDA trend. Data Source: S&amp;P Capital IQ</span></p>\n<p>Despite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.</p>\n<p>However, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/1084f3186f9732fad8d28b824c65de2a\" tg-width=\"640\" tg-height=\"472\" width=\"100%\" height=\"auto\"><span>Street's mean price target. Source: TIKR</span></p>\n<p>The Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.</p>\n<p>While we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.</p>\n<p><b>SPCE Stock Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f872b3e8670eac6d5ca4d8afce15200\" tg-width=\"640\" tg-height=\"390\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>While we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.</p>\n<p>SPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.</p>\n<p>In summary, we assign a neutral rating to SPCE for long-term investors.</p>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Where Will Virgin Galactic Stock Be In 10 Years?</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; 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}\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nWhere Will Virgin Galactic Stock Be In 10 Years?\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-08-14 10:55 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company'...</p>\n\n<a href=\"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SPCE":"维珍银河"},"source_url":"https://seekingalpha.com/article/4449270-virgin-galactic-stock-10-years","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1149823415","content_text":"Summary\n\nVirgin Galactic fell more than 30% post-earnings as the market was disappointed with the \"delay\" affecting the launch of its private commercial revenue service.\nHowever, we think the company's \"delay\" is necessary for it to rectify its supply constraints and meet the huge demand that the company is experiencing.\nWe would also discuss in detail the company's long-term opportunities and threats, and what investors need to monitor moving forward.\nLastly, we present our valuation arguments for long-term investors who are considering adding exposure to Virgin Galactic.\n\nNastco/iStock via Getty Images\nInvestment Thesis\nBack in May, when we published our previous article (link to article appendedhere) on Virgin Galactic (SPCE), we clearly highlighted that we think the Street's consensus has been too optimistic about Virgin Galactic's revenue estimates as we thought the projections overstated the market opportunity for suborbital space tourism over the next 10 years to a large extent, based on our research that consulted multiple sources, and we submitted a revised projection.\nSince then, the Street has revised its near-term projections downwards as the company recently indicated that they are expecting to commence commercial service only from late Q3'CY22.\nThis article will discuss the circumstances leading to Virgin Galactic's \"delayed\" launch, the long-term opportunities, and the competitive threat facing Virgin's leadership quest in suborbital space tourism.\nLastly, we would present our valuation argument for long-term investors considering adding exposure to the stock right now.\nRevisions to Virgin Galactic's Mean Consensus Estimates\nMay's consensus revenue estimates & Aug's consensus revenue estimates. Data source: S&P Capital IQ\nScale of revised estimates (Between May and Aug estimates). Data source: S&P Capital IQ\nInvestors should be able to glean clearly that near-term consensus estimates were revised downwards from May's projections that affected CY21 to CY25. However, we think what's important for investors to note is that the Street revised its estimates meaningfully upwards from CY26 to reflect the strong demand that SPCE highlighted during its recent earnings call, which we think demonstrates the company's confidence in a strong revenue runway for the long term, which we would discuss in detail in the subsequent sections.\nPrivate Commercial Full Revenue Service is Expected from Q3'CY22\nSPCE has since lost about 33% of its value since its earnings release on Aug 5, which we think is largely attributed to the near term headwinds resulting from its \"delay\" on commercial service launch as a result of proposed critical enhancements to VSS Unity and the mothership VMS Eve to increase their turnaround time between flights and maintenance significantly.\nAs a result of the enhancements that would take place after the completion of Unity 23 revenue-generating flight with the Italian Air Force, the company expects to commence its private commercial full revenue service only from late Q3'CY22, which we think may have taken investors aback as while the market expected full commercial service to begin in 2022, they did not expect it to be as late as Q3.\nHowever, we think the market has once again chosen to focus on the uncertainty resulting from the near-term revenue service delay and ignore the importance of the enhancements that are expected to improve VMS Eve's turnaround time so significantly that Virgin Galactic emphasized:\n\n These enhancements\n could potentially allow Eve to fly 100 flights between major maintenance inspections. This is up from the current interval of 10 flights between major inspections today. This will be an incredibly important success factor during the early commercial service period while we are in process of manufacturing additional motherships.\n\nIn addition, the company also highlighted that with the enhancements, the company is also \"targeting a reduced turnaround flight between Unity flights of 4 to 5 weeks, and that's down from what has at best, been 7 to 8 weeks for VSS Unity.\"\nThe Street and the market were certainly disappointed with the announcement, as analysts cut near-term forecasts and downgraded ratings, and Morgan Stanley also emphasized: \"During this heavy maintenance period, Virgin Galactic will not be able to conduct any space flights until summer of 2022.\"\nSure, no flights. We are certainly not concerned, as the company reiterated the significance of these enhancements:\n\n These are reasonably robust modifications to Eve. But the reason we are taking the additional scope and the additional time for this enhancement period of Eve is because the flight rate that we will derive from Eve following this enhancement period is we plan to build that to effect. It's almost 10x greater between major inspections and what we've been doing now. That will give us an ability to fly Eve much more frequently, and\n that's really important to our initial group of future astronauts as well as the people that we're going to be signing up starting today.\"\n\nIf investors could clearly glean the language used by the company in the above sentence, the company is clearly doing it because they are expecting such a robust demand for its space flight services that we think may have exceeded what the company had initially planned for. So while the recent launch event with Sir Richard Branson was largely seen as a major PR coup, it certainly allowed the company to measure the response from interested customers, and the company has clearly indicated that they see such robust demand that they needed to open up a priority list as soon as possible as CEO Michael Colglazier articulated:\n\n Leveraging the substantial demand we have seen to our website, I am pleased to announce that we will soon open a priority list for future space travelers who wish to be next in line. We will reach out first to this list with any available inventory following the conclusion of our spacefarer conversion process. Registration for this list will soon be made available on our website...We have an enormous amount of confidence in the total addressable market that's been kind of shown from the response to [Sir Richard Branson's] Unity 22. So we won't be absorbing all of it, but we do think we can make a major step forward here.\n\nWe are not sure what the market and other investors think. Still, the company needs to find a way to cope with the demand from what's obviously a heavily supply-constrained situation. The next best thing they would do in the near term is to make the necessary modifications to VMS Eve and VSS Unity to ensure these highly valued potential customers don't go knocking on the door of Jeff Bezos's Blue Origin (BORGN).\nAre There Really So Many Customers Who Couldn't Wait to Get On Board VSS Unity?\nYes, it's pretty incredible to think that the company is expecting so many customers who couldn't wait to get on board. Lisa Rich, the Managing Partner at the venture capital firm Hemisphere Ventures, articulated: \"...I've met so many Virgin [Galactic] ticket holders over the years. And by the way, every one of them has told me that the $250,000 they've spent waiting has paid for itself 10 times over because of the experiences that they have shared over the years.\"\nInvestors should clearly understand that the community of 600 future astronauts that have committed to Virgin Galactic's flight services formed a tight-knit group over the years as the company emphasized: \"I think one thing that probably [is] not well known outside of the existing future astronaut is one of the secret weapons of Virgin Galactic is our astronaut office. This is a group of people who have brought together these 600 people into a true community.\"\nThe company emphasized that these customers really value the journey towards realizing the flight experience as these customers consider it a \"life-transitional journey.\" They see so much value in what Virgin Galactic is doing that the company emphasized that their customers consider joining the community that the company brought together is \"[a] top, top of mind [priority] and very powerful.\"\nImportantly, the company also highlighted that they have opened up ticket sales to their 1000-strong \"Spacefarer\" community who has signed up through the company's \"One Small Step\" program, with a price starting from $450K per seat, that's way higher than the $200K to $250K per seat that the initial 600 future astronauts signed up for.\nVirgin Galactic believes that these future astronauts are going to be the \"sales ambassadors\" for the company because of the experience of the strong and tight-knit astronaut community that the company has painstakingly built up: \"...And so I think you can think about lifetime value in several ways. One of them is as people move through being a future astronaut graduate into the astronaut community, I think they're going to come back, and I think it will just be very natural in how people will share the experience.And I think them sharing the experience will not only let people say how wonderful it was, but it will also bring normalcy to the concept of human spaceflight. So this group of people as we bring them in, the lifetime value is all-around demand and continuing to increase the total addressable market as they go out there and share what they've done.\"\nStrong Demand Justifies Rapid Scaling Up To Achieve Strong Operating Leverage\nAstute investors would clearly have recognized that if the company relied on just the fleet of VSS Unity or VSS Imagine to dominate the market for suborbital space tourism, it would have been largely insufficient.\nBased on the company's guidance and the Street's estimates, working through the company's initial community of 600 future astronauts would take a few years at least without the modifications to VMS Eve.\nThe initial cadence (before modifications) for 2022 is a maximum of 10 revenue flights comprising 60 passengers in total. Moving on to 2023, the company could also only fly a maximum of 24 to 36 flights annually, which would allow them to fly a maximum of 144 to 216 astronauts. Thus, it may be at least another 2 years until 2025 before Virgin Galactic could start to work through the order book from the 1000 Spacefarer community, and we think by then, at least some of them would have gone over to Blue Origin. Therefore, the initial cadence really doesn't work, especially with the company preparing to draw up its priority list soon for the interest generated from the Unity 22 PR campaign, and they need to work through the 1,600 future astronauts fast, which in the near term would be solved by Eve's modifications since it allows SPCE to fly 10x more in between major inspections.\nHowever, the company still thinks that would still be insufficient to cater to the level of demand that they have been experiencing. As a result, they announced that they would be building their next-gen Delta class vehicles \"that are capable of turning on a 1-week interval.\" This class of ships is expected to form the majority of the company's future capacity over time.\nPart of the reason that the company needed to raise the $500M equity offering recently is that they are ready to start developing and build the Delta class vehicles that would be highly instrumental towards meeting their long term capacity and cadence, that VSS Unity and VSS Imagine would never be able to meet sufficiently.\nCrucially, the company highlighted that by ramping production and capacity through the Delta class, they would be able to achieve significant operating leverage as Virgin Galactic emphasized: \"...And that's why we're so focused on getting the Delta class with next generation of mothership. That's where we really get efficiency. That's where we get scale. That's where you'll really see the flow-through come because we'll have a fixed cost basis that is easy for us to communicate and easy for us to contribute the trade for efficiency down the road.\"\nCompeting Against Blue Origin\nWe think operating leverage will be the name of the game here, and Virgin Galactic clearly recognizes that it would be vital for the company to operate at a sufficient scale justified by its demand drivers to compete strongly against Blue Origin.\nWhile we don't think Blue Origin's main game is in suborbital space tourism, as Jeff Bezos also highlighted previously that: \"The architecture and the technology we have chosen is complete overkill for a suborbital tourism mission.”\nWe think Blue Origin's main market certainly goes beyond suborbital space tourism that Morgan Stanley highlighted that \"Mr. Bezos’ company is seeking business in a space market that will triple in size to more than $1 trillion in annual sales by 2040, assuming rapid technological developments enable routine moon landings, asteroid mining and space tourism.\"\nTherefore, while Blue Origin focuses on building up its Space colonies' vision over the long term, we think they would most certainly be able to ramp their production quickly and gain significant operating leverage. The key is how those advantages translate to its suborbital space tourism segment in the near term would be key to determine Virgin Galactic's leadership.\nOne thing is for sure. Both companies expect the price for the suborbital space tourism tickets to come down substantially over time as production scales up and technologies improve. Thus, the key for Virgin Galactic's leadership and survival in this market is to gain operating leverage as quickly as possible to build up those advantages while Blue Origin has its plate full with its various projects across the entire spectrum.\nVirgin Galactic wants to make suborbital space tourism much more accessible, and the key to achieving that is to drive prices down through operating leverage achieved by ramping up production. As a result, we think the company's Delta class plans are highly pivotal to Virgin Galactic's leadership against Blue Origin and highly encourage investors to keep their eyes closely focused on these plans.\nFree Cash Flow Forecast & Valuations\nEBITDA margin forecast & CapEx margin forecast. Data source: S&P Capital IQ\nEV / Fwd EBITDA trend. Data Source: S&P Capital IQ\nDespite the delay in launching full revenue service to Q3'22, the Street's estimates expect the company to be FCF profitable from the end of FY24. We think that's important as it demonstrates the long-term cash flow potential for the company's business in this market, where only BORGN and SPCE are the clear leaders right now.\nHowever, the valuations still look expensive at 18.5x by the end of 2030, 36% above its aerospace and defense peers comp set mean of 13.61x.\nStreet's mean price target. Source: TIKR\nThe Street is also not too optimistic, as the mean target price of $35.55 is a mere 13.5% above the last closing price, as analysts focused on SPCE's near term \"headwind\" of moving its revenue service to Q3'CY22, which we think is highly important to its long term competitive advantage.\nWhile we are really excited about the company's long-term prospects, as well as its ambition to bring suborbital space tourism to the world, we are not so sure about Virgin Galactic's expensively-looking valuation.\nSPCE Stock Price Action and Trend Analysis\nSource: TradingView\nWhile we don't think SPCE would be a suitable stock for long-term investors given its expensive valuation, we think position traders may still find an opportunity lurking around the horizon with this stock.\nSPCE is strongly supported along its 50-week moving average dynamic support level that has held strongly since 2020, including the recent false break to the downside (bear trap) it saw in May. Therefore, position traders keen to trade this stock may find an opportunity once the price action resolves itself in the next couple of weeks, we hope.\nIn summary, we assign a neutral rating to SPCE for long-term investors.","news_type":1},"isVote":1,"tweetType":1,"viewCount":62,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}