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JJQ
01-23
$Meta Platforms, Inc.(META)$
šŖšš
Sorry, the original content has been removed
JJQ
01-09
Great ariticle, would you like to share it?
@TigerEvents:š š TIGER TYCOON CHALLENGE IS ON! šš
JJQ
01-09
Tiger Tycoon
Have some fun! Find out more here:
Tiger Tycoon
Get ready to WIN up to $888!
Tiger Tycoon
JJQ
2023-12-19
$NIO Inc.(NIO)$
https://cnevpost.com/2023/12/18/nio-150-kwh-battery-range-challenge-1044-km/šŖš
JJQ
2023-12-14
$Hershey(HSY)$
šŖšš
JJQ
2023-12-14
$SoFi Technologies Inc.(SOFI)$
šŖš
JJQ
2023-09-26
$Sea Ltd(SE)$
Bullish šŖ
Why Sea Limited Stock Surged over 11% on Monday
JJQ
2023-09-01
$NIO Inc.(NIO)$
Bullish šŖ
JJQ
2023-08-31
$Sea Ltd(SE)$
Awesome News! šŖšš
Sorry, the original content has been removed
JJQ
2023-08-29
$NIO Inc.(NIO)$
accumulate or hold.
JJQ
2023-08-15
$Sea Ltd(SE)$
sell ATM put or 1 SP lower with 1 month expiry
JJQ
2023-08-09
Happy National Day! And Free coins!
JJQ
2023-07-19
$Sea Ltd(SE)$
Bullish šŖ
Samsung and Shopee team up for a one-day shopping bonanza on ...
JJQ
2023-06-10
$Sea Ltd(SE)$
šŖš
Sea Limited: Attractive Entry Point With Margin Of Safety
JJQ
2023-06-07
$Sea Ltd(SE)$
Bullish
JJQ
2023-05-22
$NIO Inc.(NIO)$
Bullish
JJQ
2023-05-16
$Sea Ltd(SE)$
Bullish buy
JJQ
2023-05-12
$Tesla Motors(TSLA)$
šŖš
JJQ
2023-04-29
$NIO Inc.(NIO)$
Bullish
JJQ
2023-04-27
$NIO Inc.(NIO)$
DCA
Go to Tiger App to see more news
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href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$ </a> šŖšš","listText":"<a href=\"https://ttm.financial/S/META\">$Meta Platforms, Inc.(META)$ </a> šŖšš","text":"$Meta Platforms, Inc.(META)$ šŖšš","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/266134051250464","repostId":"2402951691","repostType":2,"isVote":1,"tweetType":1,"viewCount":195,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261196986949704,"gmtCreate":1704779258613,"gmtModify":1704779261780,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share it?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261196986949704","repostId":"248312805347464","repostType":1,"repost":{"id":248312805347464,"gmtCreate":1701660745864,"gmtModify":1703059991513,"author":{"id":"3527667667103859","authorId":"3527667667103859","name":"TigerEvents","avatar":"https://community-static.tradeup.com/news/61ed9b39c6cbcdce6372edc1c0b48a2d","crmLevel":1,"crmLevelSwitch":0},"themes":[],"title":"š š TIGER TYCOON CHALLENGE IS ON! šš ","htmlText":"Hey Tycoons! š©š¼ Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge ā where fortunes are made, and USD 888 worth of prizes await the boldest players! š°ššÆ Objective: Build your empire, score big points, and unlock fabulous rewards!š° Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! š°šµš Construct & Conquer: Step on an empty tile to construct a building to gain points! š°š Prizes Galore: Hit the prize tile to claim your treasure ā it could be anything! šāØš Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! šš®š Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","listText":"Hey Tycoons! š©š¼ Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge ā where fortunes are made, and USD 888 worth of prizes await the boldest players! š°ššÆ Objective: Build your empire, score big points, and unlock fabulous rewards!š° Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! š°šµš Construct & Conquer: Step on an empty tile to construct a building to gain points! š°š Prizes Galore: Hit the prize tile to claim your treasure ā it could be anything! šāØš Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! šš®š Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","text":"Hey Tycoons! š©š¼ Ready to embark on the adventure of a lifetime? Introducing the Tiger Tycoon Challenge ā where fortunes are made, and USD 888 worth of prizes await the boldest players! š°ššÆ Objective: Build your empire, score big points, and unlock fabulous rewards!š° Gold Rush: Grab those shiny gold coins every time you pass by it! Cha-ching! š°šµš Construct & Conquer: Step on an empty tile to construct a building to gain points! š°š Prizes Galore: Hit the prize tile to claim your treasure ā it could be anything! šāØš Lucky Draw: Land on the draw tile and brace yourself! You might move forward, backward, or even unlock a secret power! šš®š Airdrop Alert: Keep your eyes on the sky! Periodically, the Tiger Tycoon map will rain down special rewards like stocks, vouchers, and more. Fastest finge","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/248312805347464","isVote":1,"tweetType":1,"viewCount":0,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},"isVote":1,"tweetType":1,"viewCount":96,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":261196454703176,"gmtCreate":1704779128669,"gmtModify":1704783020024,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"title":"Tiger Tycoon","htmlText":"Have some fun! Find out more here:<a href=\"https://tigr.link/5TEejq\">Tiger Tycoon</a> Get ready to WIN up to $888!","listText":"Have some fun! Find out more here:<a href=\"https://tigr.link/5TEejq\">Tiger Tycoon</a> Get ready to WIN up to $888!","text":"Have some fun! Find out more here:Tiger Tycoon Get ready to WIN up to $888!","images":[],"top":1,"highlighted":1,"essential":1,"paper":2,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/261196454703176","isVote":1,"tweetType":1,"viewCount":107,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":253631761924328,"gmtCreate":1702940970653,"gmtModify":1702951080860,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v> https://cnevpost.com/2023/12/18/nio-150-kwh-battery-range-challenge-1044-km/šŖš","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v> https://cnevpost.com/2023/12/18/nio-150-kwh-battery-range-challenge-1044-km/šŖš","text":"$NIO Inc.(NIO)$ https://cnevpost.com/2023/12/18/nio-150-kwh-battery-range-challenge-1044-km/šŖš","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/253631761924328","isVote":1,"tweetType":1,"viewCount":163,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":251747816505560,"gmtCreate":1702505298376,"gmtModify":1702505303263,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/HSY\">$Hershey(HSY)$ </a> šŖšš","listText":"<a href=\"https://ttm.financial/S/HSY\">$Hershey(HSY)$ </a> šŖšš","text":"$Hershey(HSY)$ šŖšš","images":[{"img":"https://community-static.tradeup.com/news/cef110e7c3e565f24ff1bdb67fad8256","width":"882","height":"1608"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/251747816505560","isVote":1,"tweetType":1,"viewCount":257,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":251748157853800,"gmtCreate":1702505200882,"gmtModify":1702505203967,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$ </a> šŖš","listText":"<a href=\"https://ttm.financial/S/SOFI\">$SoFi Technologies Inc.(SOFI)$ </a> šŖš","text":"$SoFi Technologies Inc.(SOFI)$ šŖš","images":[{"img":"https://community-static.tradeup.com/news/a7256f0680fa1f49a2332ec463a5ae4d","width":"882","height":"1608"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/251748157853800","isVote":1,"tweetType":1,"viewCount":178,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":223865001635856,"gmtCreate":1695692247432,"gmtModify":1695692251481,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>Bullish šŖ","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>Bullish šŖ","text":"$Sea Ltd(SE)$ Bullish šŖ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/223865001635856","repostId":"2370623296","repostType":2,"repost":{"id":"2370623296","pubTimestamp":1695688573,"share":"https://www.laohu8.com/m/news/2370623296?lang=&edition=full","pubTime":"2023-09-26 08:36","market":"us","language":"en","title":"Why Sea Limited Stock Surged over 11% on Monday","url":"https://stock-news.laohu8.com/highlight/detail?id=2370623296","media":"Motley Fool","summary":"Could this reduce competitive pressure from TikTok in an important market?","content":"<html><head></head><body><h2 id=\"id_2588946560\" style=\"text-align: start;\">KEY POINTS</h2><ul style=\"\"><li><p>Indonesia may push for the separation of social media and e-commerce, which many investors believe would be bad for Sea competitor TikTok.</p></li><li><p>Expectations for Sea stock are low, in part due to competition, but the market's expectations could now be poised to rise.</p></li></ul><h2 id=\"id_3514613582\">What happened</h2><p>Shares of Asian tech company <a href=\"https://laohu8.com/S/SE\">Sea Limited</a> surged on Monday after new revelations regarding major competitor TikTok. In Indonesia, TikTok Shop is quickly taking over the e-commerce market. But as early as tomorrow, Indonesia may release regulations that would make it harder for a social media platform like TikTok to integrate e-commerce capabilities.</p><p>Sea has three major parts of its business, one of which is e-commerce with its Shopee platform. If growth for TikTok Shop is suddenly hampered by stricter regulations, it would be good for Shopee, in theory. And that's why Sea stock was up 11.79% on Monday.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/f013cff514bbcb8a5e128a3d74058727\" tg-width=\"811\" tg-height=\"628\"/></p><h2 id=\"id_231635891\">So what</h2><p>Roughly two-thirds of Sea's revenue for the second quarter of 2023 came from its e-commerce segment.Ā Therefore, this is clearly a huge part of the business. Getting a boost here from weakened competition in Indonesia could be a big deal.</p><h2 id=\"id_71286193\">Now what</h2><p>Sea stock is down 90% from its all-time high, and expectations for the company are low right now. These low expectations are partially fueled by fears regarding competition like TikTok. Maybe expectations can now bounce back if Indonesia changes the rules of the game. Sea is still growing and profitable, which could mean that it's in a good position to bounce back as the business executes.</p><p>However, it's worth pointing out that investors don't fully know what Indonesia plans to do or the potential scope of the new regulations. Consider that Sea allows for social e-commerce features, as well, with its Shopee live streaming. And in Q2, management said that it believes it's now the largest live-streaming platform in Indonesia with Shopee.</p><p>Therefore, it's possible that new regulations in Indonesia could complicate things for Sea, as well. For this reason, investors will want to keep an eye on the practical implications of Indonesia's new rules once they come out.</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>Why Sea Limited Stock Surged over 11% on Monday</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 Sea Limited Stock Surged over 11% on Monday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-09-26 08:36 GMT+8 <a href=https://www.fool.com/investing/2023/09/25/why-sea-limited-stock-surged-today/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>KEY POINTSIndonesia may push for the separation of social media and e-commerce, which many investors believe would be bad for Sea competitor TikTok.Expectations for Sea stock are low, in part due to ...</p>\n\n<a href=\"https://www.fool.com/investing/2023/09/25/why-sea-limited-stock-surged-today/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{},"source_url":"https://www.fool.com/investing/2023/09/25/why-sea-limited-stock-surged-today/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2370623296","content_text":"KEY POINTSIndonesia may push for the separation of social media and e-commerce, which many investors believe would be bad for Sea competitor TikTok.Expectations for Sea stock are low, in part due to competition, but the market's expectations could now be poised to rise.What happenedShares of Asian tech company Sea Limited surged on Monday after new revelations regarding major competitor TikTok. In Indonesia, TikTok Shop is quickly taking over the e-commerce market. But as early as tomorrow, Indonesia may release regulations that would make it harder for a social media platform like TikTok to integrate e-commerce capabilities.Sea has three major parts of its business, one of which is e-commerce with its Shopee platform. If growth for TikTok Shop is suddenly hampered by stricter regulations, it would be good for Shopee, in theory. And that's why Sea stock was up 11.79% on Monday.So whatRoughly two-thirds of Sea's revenue for the second quarter of 2023 came from its e-commerce segment.Ā Therefore, this is clearly a huge part of the business. Getting a boost here from weakened competition in Indonesia could be a big deal.Now whatSea stock is down 90% from its all-time high, and expectations for the company are low right now. These low expectations are partially fueled by fears regarding competition like TikTok. Maybe expectations can now bounce back if Indonesia changes the rules of the game. Sea is still growing and profitable, which could mean that it's in a good position to bounce back as the business executes.However, it's worth pointing out that investors don't fully know what Indonesia plans to do or the potential scope of the new regulations. Consider that Sea allows for social e-commerce features, as well, with its Shopee live streaming. And in Q2, management said that it believes it's now the largest live-streaming platform in Indonesia with Shopee.Therefore, it's possible that new regulations in Indonesia could complicate things for Sea, as well. For this reason, investors will want to keep an eye on the practical implications of Indonesia's new rules once they come out.","news_type":1},"isVote":1,"tweetType":1,"viewCount":185,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":215230016016416,"gmtCreate":1693577214243,"gmtModify":1693577217008,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>Bullish šŖ","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>Bullish šŖ","text":"$NIO Inc.(NIO)$ Bullish šŖ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/215230016016416","isVote":1,"tweetType":1,"viewCount":253,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214814978351256,"gmtCreate":1693482104419,"gmtModify":1693482108646,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a> Awesome News! šŖšš","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a> Awesome News! šŖšš","text":"$Sea Ltd(SE)$ Awesome News! šŖšš","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/214814978351256","repostId":"2363262553","repostType":2,"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579084168104345","authorId":"3579084168104345","name":"bullChew","avatar":"https://community-static.tradeup.com/news/840d59e25bb1b4e0e94539f090534454","crmLevel":7,"crmLevelSwitch":1},"content":"Good news. Their game suits India market. Mass market with slower device. Many people will download and play.","text":"Good news. Their game suits India market. Mass market with slower device. Many people will download and play.","html":"Good news. Their game suits India market. Mass market with slower device. Many people will download and play."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":214134605172856,"gmtCreate":1693318491109,"gmtModify":1693318493784,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v> accumulate or hold.","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v> accumulate or hold.","text":"$NIO Inc.(NIO)$ accumulate or hold.","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/214134605172856","isVote":1,"tweetType":1,"viewCount":99,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":209205740965920,"gmtCreate":1692112435987,"gmtModify":1692112438933,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>sell ATM put or 1 SP lower with 1 month expiry ","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>sell ATM put or 1 SP lower with 1 month expiry ","text":"$Sea Ltd(SE)$ sell ATM put or 1 SP lower with 1 month expiry","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/209205740965920","isVote":1,"tweetType":1,"viewCount":196,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":206871937073296,"gmtCreate":1691536186509,"gmtModify":1691536190436,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Happy National Day! And Free coins! ","listText":"Happy National Day! And Free coins! ","text":"Happy National Day! And Free coins!","images":[{"img":"https://community-static.tradeup.com/news/1b876d2dea80d207089fe600eef6d2c0","width":"750","height":"1334"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/206871937073296","isVote":1,"tweetType":1,"viewCount":159,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":199609753465096,"gmtCreate":1689774611507,"gmtModify":1689774615252,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>Bullish šŖ","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>Bullish šŖ","text":"$Sea Ltd(SE)$ Bullish šŖ","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/199609753465096","repostId":"2352087811","repostType":2,"repost":{"id":"2352087811","pubTimestamp":1689766369,"share":"https://www.laohu8.com/m/news/2352087811?lang=&edition=full","pubTime":"2023-07-19 19:32","market":"hk","language":"en","title":"Samsung and Shopee team up for a one-day shopping bonanza on ...","url":"https://stock-news.laohu8.com/highlight/detail?id=2352087811","media":"Technobaboy.com","summary":"Samsung and Shopee team up for a one-day shopping bonanza on ...","content":"<div>\n<p>Samsung and Shopee team up for a one-day shopping bonanza on ...</p>\n\n<a href=\"https://news.google.com/rss/articles/CBMiTWh0dHBzOi8vd3d3LnRlY2hub2JhYm95LmNvbS8yMDIzLzA3LzE5L3NhbXN1bmctc2hvcGVlLXN1cGVyLWJyYW5kLWRheS1zYWxlLTIv0gEA?oc=5\">Web Link</a>\n\n</div>\n","source":"redbox_crawler","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>Samsung and Shopee team up for a one-day shopping bonanza on ...</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\">\nSamsung and Shopee team up for a one-day shopping bonanza on ...\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-07-19 19:32 GMT+8 <a href=https://news.google.com/rss/articles/CBMiTWh0dHBzOi8vd3d3LnRlY2hub2JhYm95LmNvbS8yMDIzLzA3LzE5L3NhbXN1bmctc2hvcGVlLXN1cGVyLWJyYW5kLWRheS1zYWxlLTIv0gEA?oc=5><strong>Technobaboy.com</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Samsung and Shopee team up for a one-day shopping bonanza on ...</p>\n\n<a href=\"https://news.google.com/rss/articles/CBMiTWh0dHBzOi8vd3d3LnRlY2hub2JhYm95LmNvbS8yMDIzLzA3LzE5L3NhbXN1bmctc2hvcGVlLXN1cGVyLWJyYW5kLWRheS1zYWxlLTIv0gEA?oc=5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4588":"ē¢č”","SE":"Sea Ltd","BK4503":"ęÆęčµäŗ§ęä»","LU0532188223.SGD":"JPMorgan Funds - ASEAN Equity A (acc) SGD","BK4551":"åÆå¾čµę¬ęä»","BK4581":"é«ēęä»","SGXZ58947870.SGD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (SGDHDG) INC","BK4085":"äŗåØ家åŗåرä¹","SG9999002620.SGD":"LionGlobal South East Asia SGD","LU0048573645.USD":"åÆč¾¾äøēåŗé","BK4548":"å·“ē¾åę·ē¦ęä»","SG9999004360.SGD":"Nikko AM Shenton Thrift Fund SGD","SG9999001135.SGD":"United ASEAN Fund SGD","SG9999013460.SGD":"LionGlobal Singapore Dividend Equity Fund SGD","SG9999013478.USD":"å©å®ę°å å”č”ęÆåŗé","BK4554":"å å®å®åARę¦åæµ","SG9999002604.SGD":"LionGlobal Singapore/Malaysia SGD","IE0034224299.USD":"PINEBRIDGE ASIA EX JAPAN EQUITY \"A\" (USD) ACC","SG9999002406.SGD":"å©å®ę°å å”äæ”ęåŗé","BK4585":"ETF&č”ē„Øå®ęę¦åæµ","SG9999002679.SGD":"LionGlobal Singapore Balanced SGD","SG9999005177.SGD":"Legg Mason Martin Currie - Southeast Asia Trust A Acc SGD","SG9999014484.SGD":"Nikko AM ASEAN Equity Fund A SGD","BK4566":"čµę¬éå¢","SG9999013486.USD":"LIONGLOBAL SINGAPORE DIVIDEND EQUITY (USD) INC A","LU0251143029.SGD":"Fidelity ASEAN A-SGD","BK4535":"귔马é”ęä»","SG9999014492.USD":"NIKKO AM ASEAN EQUITY \"A\" (USD) ACC","SG9999002414.USD":"LIONGLOBAL SINGAPORE TRUST (USD) ACC"},"source_url":"https://news.google.com/rss/articles/CBMiTWh0dHBzOi8vd3d3LnRlY2hub2JhYm95LmNvbS8yMDIzLzA3LzE5L3NhbXN1bmctc2hvcGVlLXN1cGVyLWJyYW5kLWRheS1zYWxlLTIv0gEA?oc=5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2352087811","content_text":"Samsung and Shopee team up for a one-day shopping bonanza on ...","news_type":1},"isVote":1,"tweetType":1,"viewCount":70,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":185724953227344,"gmtCreate":1686382281987,"gmtModify":1686382284685,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a>šŖš ","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a>šŖš ","text":"$Sea Ltd(SE)$ šŖš","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/185724953227344","repostId":"1162461753","repostType":4,"repost":{"id":"1162461753","pubTimestamp":1686322168,"share":"https://www.laohu8.com/m/news/1162461753?lang=&edition=full","pubTime":"2023-06-09 22:49","market":"us","language":"en","title":"Sea Limited: Attractive Entry Point With Margin Of Safety","url":"https://stock-news.laohu8.com/highlight/detail?id=1162461753","media":"Seeking Alpha","summary":"SummarySea Limited's stock has declined 24% partly due to Garena's revenue and bookings dropping, bu","content":"<html><head></head><body><h2 style=\"text-align: left;\">Summary</h2><ul><li><p>Sea Limited's stock has declined 24% partly due to Garena's revenue and bookings dropping, but Shopee and SeaMoney still have a long pathway for growth.</p></li><li><p>Shopee faces competition from TikTok in Southeast Asia, but its investment in logistics capabilities provides an advantage in customer experience and cost efficiencies.</p></li><li><p>We saw a slight uptick in the NPL ratio. But the company is focusing on improving the quality of its loan book as well as diversifying its funding source.</p></li><li><p>Sea Limited's current valuation provides an attractive entry point, with a fair value estimate of $88 per share, implying a 38% upside potential.</p></li></ul><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/dd10451e91a7f82b95ea9e296a739672\" alt=\"kokkai\" title=\"kokkai\" tg-width=\"750\" tg-height=\"500\"/><span>kokkai</span></p><h2 style=\"text-align: left;\">Recap</h2><p style=\"text-align: left;\">In ourĀ <a href=\"https://seekingalpha.com/article/4595779-sea-limited-se-ample-room-for-growth-but-competition-to-stay?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link\" title=\"article\" class=\"\">article</a>Ā titled āSea Limited: Ample Room for Growth, But Competition Is Here to Stay,ā we wrote that huge, under-penetrated e-commerce markets in Southeast Asia and Latin America would drive Seaās (NYSE:<a href=\"https://seekingalpha.com/symbol/SE?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link\" title=\"Sea Limited\" class=\"\">SE</a>) top-line growth. Additionally, SeaMoneyĀ also has a long pathway for growth, as a large portion of the population remains underbanked or unbanked. However, while the industry is heading toward profitability, competition is here to stay. In our view, the acceptable buying price is between $62 and $66 per share, providing a comfortable margin of safety.</p><p style=\"text-align: left;\">Since we published our article, the stock has declined 24% from $79 per share to $64 per share. Shares once touched $57 per share after the 1Q23 EPS GAAP had come in below expectations at $0.15, thus pushing down the shares byĀ <a href=\"https://seekingalpha.com/news/3972004-sea-ltd-plunges-q1-earnings-miss-estimates-e-commerce-strength?hasComeFromMpArticle=false&source=content_type%253Areact%257Csection%253Amain_content%257Cbutton%253Abody_link\" title=\"17%\" class=\"\">17%</a>. But are the 1Q23 results asĀ bad as they appear?</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4df1f5dfac2a2e86e0b6b7f9a4ceb55a\" alt=\"Data byĀ YCharts\" title=\"Data byĀ YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data byĀ YCharts</span></p><h2 style=\"text-align: left;\">Beaten-Down Gaming Business Dragged Down Seaās Revenue Growth</h2><p style=\"text-align: left;\">In 1Q23, Seaās revenue only grew 5% (Y/Y) to $3 billion, marking a second consecutive single-digit growth rate. This was largely because Garenaās revenue and bookings were down 53% (Y/Y) and 44% (Y/Y), respectively.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a48554da743d7dd35a45729539aee61d\" alt=\"Sea's revenue growthĀ (Company, Vektor Research)\" title=\"Sea's revenue growthĀ (Company, Vektor Research)\" tg-width=\"569\" tg-height=\"408\"/><span>Sea's revenue growthĀ (Company, Vektor Research)</span></p><p style=\"text-align: left;\">Indeed, quarterly active users were up, ending a two-consecutive quarterly decline. Seaās management said that Free Fireās monthly active users achieved āa new peakā in April and that it would āmonitor closelyā the trend. Moreover, the company is launching new third-party published games, namely Undawn and Black Cloud Mobile. Even so, less than 8% of the active users were paying users in 1Q23, down from the latest peak of 13%.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a992bd48a5b8f0cbee1b6471aa03b9f2\" alt=\"Quarterly paying users as a % of quarterly active usersĀ (Company, Vektor Research)\" title=\"Quarterly paying users as a % of quarterly active usersĀ (Company, Vektor Research)\" tg-width=\"569\" tg-height=\"408\"/><span>Quarterly paying users as a % of quarterly active usersĀ (Company, Vektor Research)</span></p><p style=\"text-align: left;\">Further, Seaās operating margin shrank from 10% in 4Q22 to 4% in 1Q23. This is mainly because Garena, which produces over 50% operating margin, made up a smaller portion of Seaās EBIT. Shopee and Sea Moneyās operating marginsĀ <em>actually</em>Ā expanded to 5.6% and 20.5%, respectively. Another plus point is that the company reported a positive free cash flow during the quarter. Free cash flow margin was 17% in the quarter.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/333aeb36adcaeb6459af106f8d79711e\" alt=\"Segments' operating marginĀ (Comapny, Vektor Research)\" title=\"Segments' operating marginĀ (Comapny, Vektor Research)\" tg-width=\"569\" tg-height=\"408\"/><span>Segments' operating marginĀ (Comapny, Vektor Research)</span></p><h2 style=\"text-align: left;\">Competition is Tougher in the E-commerce Market, But Investment in Logistics Makes a Difference</h2><p style=\"text-align: left;\">On the contrary, Shopeeās revenue grew 36% (Y/Y), and core marketplace revenue increased 54% (Y/Y). As we mentioned in our last article, the e-commerce market size is huge and remains under-penetrated, providing a long pathway for growth. Additionally, being a profitable business remains the company's focus. In Brazil, where Shopee has only been in its fourth year of operations, contribution margin loss improved to $0.34 from $1.52 a year earlier.</p><p style=\"text-align: left;\">Nevertheless, competition from TikTok in Southeast Asia is getting tougher. According to Singapore-based Cube Asia, 51% of TikTok Shop consumers in Indonesia, Thailand, and the Philippines spent less on Shopee, asĀ <a href=\"https://www.cnbc.com/2023/05/26/tiktok-shop-a-rising-threat-to-shopee-and-lazada-in-southeast-asia.html\" title=\"cited\" class=\"\">cited</a>Ā in CNBC. Besides already having a large user base, TikTok is offering discounts to new users as we are writing this article.</p><p style=\"text-align: left;\">When asked about competition from TikTok, the management said that the strategy is to āremain very nimble and flexible.ā Please note what the management said during the last earnings call:</p><blockquote>As I shared, both for our long-term goals of expanding the profitable TAM and build strengthening our competitive, and also in the near-term to respond to market dynamics within each market, so again,Ā <strong>we're not particularly worried about the margin</strong>. I think it's more about how we build a healthy long-term ecosystem that will maximize the long-term profitable growth of our business.</blockquote><p style=\"text-align: left;\">Our take is that aggressive moves from TikTok are likely to force established e-commerce players, including Shopee, to do more promotions and discounts to defend market share. However, just as we have seen in the past few years, promotions come at the expense of financials, and at some point, promotions will be fewer and thus the industry will be more rational.</p><p style=\"text-align: left;\">Instead, while competition from new players is basically unavoidable, existing e-commerce players have been focusing on improving their logistics capabilities.Ā <strong>This should cut down delivery time and costs</strong>, as the company is enhancing customer experience and improving cost efficiencies. Seaās management said that 95% of its customer base in Indonesia has been covered by the companyās delivery services, and that the company has been expanding its first and last-mile hubs in Brazil.</p><p style=\"text-align: left;\">Another example is that GoTo, an Indonesia e-commerce company, consolidated Tokopediaās fulfillment unit and Gojekās same-day delivery service under GoTo Logistics. "Enhanced batching and routing capabilities" allow the company to provide the next-day delivery service at 30% lower costs than other third-party providers, GoTo managementĀ <a href=\"https://assets.tokopedia.net/asts/PT%20GoTo%20Gojek%20Tokopedia%201Q23%20Earnings%20Call%20Transcript.pdf\" title=\"said\" class=\"\">said</a>.</p><p style=\"text-align: left;\">We believe that logistics capabilities differentiate more established players from newer players. As we are writing, TikTok Shop only has a standard shipping option (in our area), while Shopee provides various delivery options, such as same-day, next-day, or regular delivery services. In our view, TikTok is likely to continue taking market share at least in the near term. But Sea plays a long-term game by investing in its infrastructure, thus building a sustainable, profitable business. As we wrote in the last article:</p><blockquote>We believe the industry is becoming more rational, with profitability becoming the number one priority. This also triggers customers to increasingly look beyond price and prefer a better customer experience, in our view.</blockquote><h2 style=\"text-align: left;\">A Slight Uptick in NPL, But Unlikely to be An Alarming Sign</h2><p style=\"text-align: left;\">Revenue from digital financial services increased 75% (Y/Y), driven by credit business. Loans receivable remained at ~$2 billion because Sea had third-party financial institutions to fund a significant portion of its loan book. Yet, allowance for credit losses was up to $281 million from $239 million, although loans receivable was relatively flat.</p><p style=\"text-align: left;\">The management said this was because āproducts have expanded in terms of the features and tenure and types of loans we offer.ā However, we found that allowance for credit losses as a percentage of gross loans receivable has gone north in the past few quarters. An increase or decrease in allowance typically depends on the discretion of a companyās management.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/0895d05635bedc78f1733754f23de39c\" alt=\"Sea's allowance for credit losses as a % of gross loan bookĀ (Company, Vektor Research)\" title=\"Sea's allowance for credit losses as a % of gross loan bookĀ (Company, Vektor Research)\" tg-width=\"569\" tg-height=\"408\"/><span>Sea's allowance for credit losses as a % of gross loan bookĀ (Company, Vektor Research)</span></p><p style=\"text-align: left;\">Seaās management argued that this was caused by more variety of product āfeatures, tenure, and types of loansā and that NPL remained āvery stable and low.ā However, we notice that NPL of more than 90 days went up from āless than 2%ā to āaround 2%.ā Before Sea shortened the loan write-off period, the ratio was āless than 4%ā in 3Q22 and would have increased to āabout 5%ā in 4Q22 without the change.</p><p style=\"text-align: left;\">Nevertheless, the loan book is unlikely to grow significantly, as Sea pivoted to focus on improving the quality of its loan book and now is looking to ādiversify offerings and funding sources.ā Thus, we do not see such a slight uptick in the NPL ratio as an alarming sign.</p><p style=\"text-align: left;\">Overall, our thesis is playing out as expected: Shopee and SeaMoney have a long pathway for growth. Further, the lower revenue contribution from Garena means that the decline will have less impact on Seaās revenue growth as we move forward. Digital entertainment used to make up about 50% of Seaās revenue. Now, it is 18%. Therefore, does the stock provide an attractive entry point?</p><h2 style=\"text-align: left;\">Valuation</h2><p style=\"text-align: left;\">Sea trades at 23x its forward earnings. We believe that the acceptable buying price is between $62 per share and $66 per share, which provides a comfortable margin of safety. The last time the stock traded at ~$60, the market was more conservative on Seaās future earnings. Additionally, Sea was losing money at the time. Now, it is a cash-generating business.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/82a7882203141e01f0714dd0e50b2953\" alt=\"Data byĀ YCharts\" title=\"Data byĀ YCharts\" tg-width=\"635\" tg-height=\"417\"/><span>Data byĀ YCharts</span></p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c6ee8943be0db9bdfe64a008a8307e16\" alt=\"Consensus EPS revisionĀ (Seeking Alpha)\" title=\"Consensus EPS revisionĀ (Seeking Alpha)\" tg-width=\"640\" tg-height=\"387\"/><span>Consensus EPS revisionĀ (Seeking Alpha)</span></p><p style=\"text-align: left;\">But what about Seaās growth outlook? Despite Garenaās soft results, we still believe that Shopee and SeaMoney have a long pathway for growth. While Shopee is facing tougher competition from TikTokālikely to last at least in the near termāwe see that Shopee has an advantage in logistics capabilities in an environment where customers increasingly look beyond price. This will help Sea build a sustainable, profitable business. In SeaMoney, we saw a slight uptick in the NPL ratio. But the company is focusing on improving its loan book quality, while at the same time diversifying its funding source.</p><p style=\"text-align: left;\">Thus, we believe that it makes a lot of sense to buy Sea at the current valuation. Our fair value estimate is $88 per share, which implies a 38% upside potential. If you have any thoughts, please do not hesitate to comment below.</p></body></html>","source":"seekingalpha","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Sea Limited: Attractive Entry Point With Margin Of Safety</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 Limited: Attractive Entry Point With Margin Of Safety\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-06-09 22:49 GMT+8 <a href=https://seekingalpha.com/article/4610547-sea-limited-attractive-entry-point-with-margin-of-safety><strong>Seeking Alpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SummarySea Limited's stock has declined 24% partly due to Garena's revenue and bookings dropping, but Shopee and SeaMoney still have a long pathway for growth.Shopee faces competition from TikTok in ...</p>\n\n<a href=\"https://seekingalpha.com/article/4610547-sea-limited-attractive-entry-point-with-margin-of-safety\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://seekingalpha.com/article/4610547-sea-limited-attractive-entry-point-with-margin-of-safety","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1162461753","content_text":"SummarySea Limited's stock has declined 24% partly due to Garena's revenue and bookings dropping, but Shopee and SeaMoney still have a long pathway for growth.Shopee faces competition from TikTok in Southeast Asia, but its investment in logistics capabilities provides an advantage in customer experience and cost efficiencies.We saw a slight uptick in the NPL ratio. But the company is focusing on improving the quality of its loan book as well as diversifying its funding source.Sea Limited's current valuation provides an attractive entry point, with a fair value estimate of $88 per share, implying a 38% upside potential.kokkaiRecapIn ourĀ articleĀ titled āSea Limited: Ample Room for Growth, But Competition Is Here to Stay,ā we wrote that huge, under-penetrated e-commerce markets in Southeast Asia and Latin America would drive Seaās (NYSE:SE) top-line growth. Additionally, SeaMoneyĀ also has a long pathway for growth, as a large portion of the population remains underbanked or unbanked. However, while the industry is heading toward profitability, competition is here to stay. In our view, the acceptable buying price is between $62 and $66 per share, providing a comfortable margin of safety.Since we published our article, the stock has declined 24% from $79 per share to $64 per share. Shares once touched $57 per share after the 1Q23 EPS GAAP had come in below expectations at $0.15, thus pushing down the shares byĀ 17%. But are the 1Q23 results asĀ bad as they appear?Data byĀ YChartsBeaten-Down Gaming Business Dragged Down Seaās Revenue GrowthIn 1Q23, Seaās revenue only grew 5% (Y/Y) to $3 billion, marking a second consecutive single-digit growth rate. This was largely because Garenaās revenue and bookings were down 53% (Y/Y) and 44% (Y/Y), respectively.Sea's revenue growthĀ (Company, Vektor Research)Indeed, quarterly active users were up, ending a two-consecutive quarterly decline. Seaās management said that Free Fireās monthly active users achieved āa new peakā in April and that it would āmonitor closelyā the trend. Moreover, the company is launching new third-party published games, namely Undawn and Black Cloud Mobile. Even so, less than 8% of the active users were paying users in 1Q23, down from the latest peak of 13%.Quarterly paying users as a % of quarterly active usersĀ (Company, Vektor Research)Further, Seaās operating margin shrank from 10% in 4Q22 to 4% in 1Q23. This is mainly because Garena, which produces over 50% operating margin, made up a smaller portion of Seaās EBIT. Shopee and Sea Moneyās operating marginsĀ actuallyĀ expanded to 5.6% and 20.5%, respectively. Another plus point is that the company reported a positive free cash flow during the quarter. Free cash flow margin was 17% in the quarter.Segments' operating marginĀ (Comapny, Vektor Research)Competition is Tougher in the E-commerce Market, But Investment in Logistics Makes a DifferenceOn the contrary, Shopeeās revenue grew 36% (Y/Y), and core marketplace revenue increased 54% (Y/Y). As we mentioned in our last article, the e-commerce market size is huge and remains under-penetrated, providing a long pathway for growth. Additionally, being a profitable business remains the company's focus. In Brazil, where Shopee has only been in its fourth year of operations, contribution margin loss improved to $0.34 from $1.52 a year earlier.Nevertheless, competition from TikTok in Southeast Asia is getting tougher. According to Singapore-based Cube Asia, 51% of TikTok Shop consumers in Indonesia, Thailand, and the Philippines spent less on Shopee, asĀ citedĀ in CNBC. Besides already having a large user base, TikTok is offering discounts to new users as we are writing this article.When asked about competition from TikTok, the management said that the strategy is to āremain very nimble and flexible.ā Please note what the management said during the last earnings call:As I shared, both for our long-term goals of expanding the profitable TAM and build strengthening our competitive, and also in the near-term to respond to market dynamics within each market, so again,Ā we're not particularly worried about the margin. I think it's more about how we build a healthy long-term ecosystem that will maximize the long-term profitable growth of our business.Our take is that aggressive moves from TikTok are likely to force established e-commerce players, including Shopee, to do more promotions and discounts to defend market share. However, just as we have seen in the past few years, promotions come at the expense of financials, and at some point, promotions will be fewer and thus the industry will be more rational.Instead, while competition from new players is basically unavoidable, existing e-commerce players have been focusing on improving their logistics capabilities.Ā This should cut down delivery time and costs, as the company is enhancing customer experience and improving cost efficiencies. Seaās management said that 95% of its customer base in Indonesia has been covered by the companyās delivery services, and that the company has been expanding its first and last-mile hubs in Brazil.Another example is that GoTo, an Indonesia e-commerce company, consolidated Tokopediaās fulfillment unit and Gojekās same-day delivery service under GoTo Logistics. \"Enhanced batching and routing capabilities\" allow the company to provide the next-day delivery service at 30% lower costs than other third-party providers, GoTo managementĀ said.We believe that logistics capabilities differentiate more established players from newer players. As we are writing, TikTok Shop only has a standard shipping option (in our area), while Shopee provides various delivery options, such as same-day, next-day, or regular delivery services. In our view, TikTok is likely to continue taking market share at least in the near term. But Sea plays a long-term game by investing in its infrastructure, thus building a sustainable, profitable business. As we wrote in the last article:We believe the industry is becoming more rational, with profitability becoming the number one priority. This also triggers customers to increasingly look beyond price and prefer a better customer experience, in our view.A Slight Uptick in NPL, But Unlikely to be An Alarming SignRevenue from digital financial services increased 75% (Y/Y), driven by credit business. Loans receivable remained at ~$2 billion because Sea had third-party financial institutions to fund a significant portion of its loan book. Yet, allowance for credit losses was up to $281 million from $239 million, although loans receivable was relatively flat.The management said this was because āproducts have expanded in terms of the features and tenure and types of loans we offer.ā However, we found that allowance for credit losses as a percentage of gross loans receivable has gone north in the past few quarters. An increase or decrease in allowance typically depends on the discretion of a companyās management.Sea's allowance for credit losses as a % of gross loan bookĀ (Company, Vektor Research)Seaās management argued that this was caused by more variety of product āfeatures, tenure, and types of loansā and that NPL remained āvery stable and low.ā However, we notice that NPL of more than 90 days went up from āless than 2%ā to āaround 2%.ā Before Sea shortened the loan write-off period, the ratio was āless than 4%ā in 3Q22 and would have increased to āabout 5%ā in 4Q22 without the change.Nevertheless, the loan book is unlikely to grow significantly, as Sea pivoted to focus on improving the quality of its loan book and now is looking to ādiversify offerings and funding sources.ā Thus, we do not see such a slight uptick in the NPL ratio as an alarming sign.Overall, our thesis is playing out as expected: Shopee and SeaMoney have a long pathway for growth. Further, the lower revenue contribution from Garena means that the decline will have less impact on Seaās revenue growth as we move forward. Digital entertainment used to make up about 50% of Seaās revenue. Now, it is 18%. Therefore, does the stock provide an attractive entry point?ValuationSea trades at 23x its forward earnings. We believe that the acceptable buying price is between $62 per share and $66 per share, which provides a comfortable margin of safety. The last time the stock traded at ~$60, the market was more conservative on Seaās future earnings. Additionally, Sea was losing money at the time. Now, it is a cash-generating business.Data byĀ YChartsConsensus EPS revisionĀ (Seeking Alpha)But what about Seaās growth outlook? Despite Garenaās soft results, we still believe that Shopee and SeaMoney have a long pathway for growth. While Shopee is facing tougher competition from TikTokālikely to last at least in the near termāwe see that Shopee has an advantage in logistics capabilities in an environment where customers increasingly look beyond price. This will help Sea build a sustainable, profitable business. In SeaMoney, we saw a slight uptick in the NPL ratio. But the company is focusing on improving its loan book quality, while at the same time diversifying its funding source.Thus, we believe that it makes a lot of sense to buy Sea at the current valuation. Our fair value estimate is $88 per share, which implies a 38% upside potential. If you have any thoughts, please do not hesitate to comment below.","news_type":1},"isVote":1,"tweetType":1,"viewCount":113,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":184497788391600,"gmtCreate":1686067793879,"gmtModify":1686067797051,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>Bullish ","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a><v-v data-views=\"1\"></v-v>Bullish ","text":"$Sea Ltd(SE)$ 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šŖš","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9970959662","isVote":1,"tweetType":1,"viewCount":59,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9947142284,"gmtCreate":1682723865949,"gmtModify":1682723869357,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>Bullish ","listText":"<a href=\"https://ttm.financial/S/NIO\">$NIO Inc.(NIO)$ </a><v-v data-views=\"1\"></v-v>Bullish ","text":"$NIO Inc.(NIO)$ 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DCA","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":0,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947340165","isVote":1,"tweetType":1,"viewCount":139,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":214814978351256,"gmtCreate":1693482104419,"gmtModify":1693482108646,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a> Awesome News! šŖšš","listText":"<a href=\"https://ttm.financial/S/SE\">$Sea Ltd(SE)$ </a> Awesome News! šŖšš","text":"$Sea Ltd(SE)$ Awesome News! šŖšš","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":2,"commentSize":2,"repostSize":1,"link":"https://ttm.financial/post/214814978351256","repostId":"2363262553","repostType":2,"repost":{"id":"2363262553","pubTimestamp":1693481648,"share":"https://www.laohu8.com/m/news/2363262553?lang=&edition=full","pubTime":"2023-08-31 19:34","market":"us","language":"en","title":"Sea Brings Back One of Its Top Game Titles in India After Ban","url":"https://stock-news.laohu8.com/highlight/detail?id=2363262553","media":"Bloomberg","summary":" -- Sea Ltd. is bringing back one of its top mobile games in India a year and a half after it was banned, a boon for the internet companyās effort to revive its growth.US Health Officials Urge Moving Pot to Lower-Risk Category. UBS Smashes Banking Record as It Absorbs Credit Suisse. Hong Kong to Shut Down City Before Super Typhoon Saola Hits. Singapore S$1 Billion Laundering ScandalEmbroils Its Banking Giants. Stocks Up Again in āBad News Is Good Newsā World: Markets Wrap. The relaunch is set to provide a boost for Singapore-based Sea, which is trying to reverse slowing sales growth amid intensifying competition. New Delhi in February 2022 banned Free Fire, at the time Seaās most popular mobile gaming title in the country, citing security concerns because of its Chinese links. Weeks later, Sea said it would shut its main e-commerce operation in India, blaming āmarket uncertaintiesā for scuppering one of its more promising overseas endeavors.","content":"<html><head></head><body><p>(Bloomberg) -- <a href=\"https://laohu8.com/S/SE\">Sea Ltd</a>. is bringing back one of its top mobile games in India a year and a half after it was banned, a boon for the internet companyās effort to revive its growth.</p><p>Now called Free Fire India, the game will be available Sept. 5, Seaās gaming arm, Garena, said Thursday in a statement. Partner Yotta, a unit of Indiaās Hiranandani Group, will provide infrastructure to store data of Indian users on local servers, Garena said.</p><p>The relaunch is set to provide a boost for Singapore-based Sea, which is trying to reverse slowing sales growth amid intensifying competition. New Delhi in February 2022 banned Free Fire, at the time Seaās most popular mobile gaming title in the country, citing security concerns because of its Chinese links. Weeks later, Sea said it would shut its main e-commerce operation in India, blaming āmarket uncertaintiesā for scuppering one of its more promising overseas endeavors.</p><p>India has banned hundreds of Chinese apps in recent years, but the expansion of that policy to Sea last year took management and investors by surprise. Sea was founded by Forrest Li, who was born in China but is now a Singaporean citizen. Chinaās Tencent Holdings Ltd. is a shareholder in Sea.</p></body></html>","source":"lsy1584095487587","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 Brings Back One of Its Top Game Titles in India After Ban</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 Brings Back One of Its Top Game Titles in India After Ban\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-08-31 19:34 GMT+8 <a href=https://www.bloomberg.com/news/articles/2023-08-31/sea-brings-back-one-of-its-top-game-titles-in-india-after-ban?srnd=premium-asia><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Bloomberg) -- Sea Ltd. is bringing back one of its top mobile games in India a year and a half after it was banned, a boon for the internet companyās effort to revive its growth.Now called Free Fire ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-08-31/sea-brings-back-one-of-its-top-game-titles-in-india-after-ban?srnd=premium-asia\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"SE":"Sea Ltd"},"source_url":"https://www.bloomberg.com/news/articles/2023-08-31/sea-brings-back-one-of-its-top-game-titles-in-india-after-ban?srnd=premium-asia","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2363262553","content_text":"(Bloomberg) -- Sea Ltd. is bringing back one of its top mobile games in India a year and a half after it was banned, a boon for the internet companyās effort to revive its growth.Now called Free Fire India, the game will be available Sept. 5, Seaās gaming arm, Garena, said Thursday in a statement. Partner Yotta, a unit of Indiaās Hiranandani Group, will provide infrastructure to store data of Indian users on local servers, Garena said.The relaunch is set to provide a boost for Singapore-based Sea, which is trying to reverse slowing sales growth amid intensifying competition. New Delhi in February 2022 banned Free Fire, at the time Seaās most popular mobile gaming title in the country, citing security concerns because of its Chinese links. Weeks later, Sea said it would shut its main e-commerce operation in India, blaming āmarket uncertaintiesā for scuppering one of its more promising overseas endeavors.India has banned hundreds of Chinese apps in recent years, but the expansion of that policy to Sea last year took management and investors by surprise. Sea was founded by Forrest Li, who was born in China but is now a Singaporean citizen. Chinaās Tencent Holdings Ltd. is a shareholder in Sea.","news_type":1},"isVote":1,"tweetType":1,"viewCount":455,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3579084168104345","authorId":"3579084168104345","name":"bullChew","avatar":"https://community-static.tradeup.com/news/840d59e25bb1b4e0e94539f090534454","crmLevel":7,"crmLevelSwitch":1},"content":"Good news. Their game suits India market. Mass market with slower device. Many people will download and play.","text":"Good news. Their game suits India market. Mass market with slower device. Many people will download and play.","html":"Good news. Their game suits India market. Mass market with slower device. Many people will download and play."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":803448946,"gmtCreate":1627460008985,"gmtModify":1703490377911,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Like and comment! ","listText":"Like and comment! ","text":"Like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/803448946","repostId":"2154991792","repostType":4,"repost":{"id":"2154991792","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":1627428087,"share":"https://www.laohu8.com/m/news/2154991792?lang=&edition=full","pubTime":"2021-07-28 07:21","market":"us","language":"en","title":"Wall St snaps five-day up streak as caution rises before tech earnings, Fed","url":"https://stock-news.laohu8.com/highlight/detail?id=2154991792","media":"Reuters","summary":"NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the t","content":"<p>NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.</p>\n<p>The Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.</p>\n<p>Shares of Apple Inc, Microsoft Corp and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.</p>\n<p>Also, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.</p>\n<p>Shares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.</p>\n<p>\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.</p>\n<p>\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.</p>\n<p>Uncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.</p>\n<p>The Dow Jones Industrial Average fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500 lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite dropped 180.14 points, or 1.21%, to 14,660.58.</p>\n<p>Helping to support the Dow, shares of McDonald's Corp rose 1% ahead of its results due before the bell on Wednesday.</p>\n<p>In another sign that investors were in a risk-off mood, defensive sectors such as real estate and utilities were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.</p>\n<p>Intel Corp shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.</p>\n<p>Volume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.</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 St snaps five-day up streak as caution rises before tech earnings, Fed</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 St snaps five-day up streak as caution rises before tech earnings, Fed\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\">2021-07-28 07:21</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.</p>\n<p>The Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.</p>\n<p>Shares of Apple Inc, Microsoft Corp and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.</p>\n<p>Also, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.</p>\n<p>Shares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.</p>\n<p>\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.</p>\n<p>Adding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.</p>\n<p>\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.</p>\n<p>Uncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.</p>\n<p>The Dow Jones Industrial Average fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500 lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite dropped 180.14 points, or 1.21%, to 14,660.58.</p>\n<p>Helping to support the Dow, shares of McDonald's Corp rose 1% ahead of its results due before the bell on Wednesday.</p>\n<p>In another sign that investors were in a risk-off mood, defensive sectors such as real estate and utilities were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.</p>\n<p>Intel Corp shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.</p>\n<p>Volume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.</p>\n<p>Declining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.</p>\n<p>The S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{".DJI":"éē¼ęÆ",".IXIC":"NASDAQ Composite",".SPX":"S&P 500 Index"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2154991792","content_text":"NEW YORK, July 27 (Reuters) - U.S. stocks fell on Tuesday, ending a five-day winning streak in the three major indexes, as investors were cautious before results from top tech and internet names and Wednesday's Federal Reserve announcement.\nThe Nasdaq led the day's declines, registering its biggest daily percentage drop since May 12, but the three indexes pared losses heading into the close and ended well off the lows of the session.\nShares of Apple Inc, Microsoft CorpĀ and Google parent Alphabet Inc , which all reported earnings after the bell, dropped and weighed the most on the Nasdaq and S&P 500 along with Amazon.com Inc , which is expected to report results later this week.\nAlso, electric-car maker Tesla Inc fell 2%, a day after it posted a bigger-than-expected second-quarter profit but said a global chip shortage that led to temporary factory shutdowns for the automaker remains serious.\nShares of the heavily weighted tech and internet companies have run up recently and last week regained leadership in the market, putting their results even more in the spotlight.\n\"Expectations are so high. They're going to have good numbers ... but we are expecting much more or maybe they will talk down the second half of the year,\" said Paul Nolte, portfolio manager at Kingsview Investment Management in Chicago.\nAdding to the cautious tone is the outlook for U.S.-listed Chinese stocks, he said. The shares including Baidu extended losses as fears over more regulations in the mainland persisted.\n\"There's a fair amount of (U.S.) investors in those companies,\" Nolte said.\nUncertainty also rose as the Fed began its two-day meeting, with investors looking for signs on when it intends to begin reining in its massive stimulus program.\nThe Dow Jones Industrial AverageĀ fell 85.79 points, or 0.24%, to 35,058.52, the S&P 500Ā lost 20.84 points, or 0.47%, to 4,401.46 and the Nasdaq Composite Ā dropped 180.14 points, or 1.21%, to 14,660.58.\nHelping to support the Dow, shares of McDonald's CorpĀ rose 1% ahead of its results due before the bell on Wednesday.\nIn another sign that investors were in a risk-off mood, defensive sectors such as real estateĀ and utilitiesĀ were the two best-performing S&P 500 categories for the day, and U.S. Treasuries prices rose.\nIntel CorpĀ shares dropped 2.1% after it said its factories would start building Qualcomm chips and laid out a road map to expand its new foundry business.\nVolume on U.S. exchanges was 10.36 billion shares, compared with the 9.86 billion average for the full session over the last 20 trading days.\nDeclining issues outnumbered advancing ones on the NYSE by a 1.87-to-1 ratio; on Nasdaq, a 2.65-to-1 ratio favored decliners.\nThe S&P 500 posted 44 new 52-week highs and no new lows; the Nasdaq Composite recorded 39 new highs and 235 new lows.","news_type":1},"isVote":1,"tweetType":1,"viewCount":41,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":191379174,"gmtCreate":1620860979998,"gmtModify":1704349342902,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Please Like and comment! ?","listText":"Please Like and comment! ?","text":"Please Like and comment! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":8,"repostSize":0,"link":"https://ttm.financial/post/191379174","repostId":"1139120087","repostType":2,"repost":{"id":"1139120087","pubTimestamp":1620802870,"share":"https://www.laohu8.com/m/news/1139120087?lang=&edition=full","pubTime":"2021-05-12 15:01","market":"us","language":"en","title":"Tesla: Beware Of The Unwinding Of The Gamma Squeeze","url":"https://stock-news.laohu8.com/highlight/detail?id=1139120087","media":"seekingalpha","summary":"Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.Adverse publicity in China and increasing concern about the safety of Teslaās FSD option is adding to the downdraft.In the companyās recent earnings call, Tesla CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.Despite the low-profit margins and past failed attempts by the likes o","content":"<p><b>Summary</b></p>\n<ul>\n <li>Tesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.</li>\n <li>Adverse publicity in China and increasing concern about the safety of Teslaās FSD option is adding to the downdraft.</li>\n <li>Intense competition in key markets and construction delay at the German factory do not help.</li>\n <li>Selling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.</li>\n</ul>\n<p>The automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.</p>\n<p>In the companyās recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.</p>\n<p>Despite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Teslaās skyrocketing share performance, driving prices into bubble territory.</p>\n<p>However, Teslaās financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.</p>\n<p>The EV bubble is now deflating, Tesla is down 30% from its January high. Teslaās would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) ā 62%. Teslaās Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.</p>\n<p>Against this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:</p>\n<ul>\n <li>Adverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market</li>\n <li>Increasing doubts about the safety and capabilities of Teslaās Full Self Driving option, and the associated liabilities</li>\n <li>Construction delays at the German factory</li>\n <li>Intense competition from legacy automakers in its key markets</li>\n</ul>\n<p>But there is one factor that does not get the same attention in the media but may have an impact on Teslaās share price in the second half of this year. It is the potential selling pressure from the high volume of āin the money callā options that expire in the next year ā The unwinding of the gamma squeeze that some investors claim was the reason why Teslaās shares reached their astronomical heights last year.</p>\n<p>Option hedging has a significant impact on Teslaās share price</p>\n<p>Typical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Teslaās share price.</p>\n<p><b>Delta hedging and the gamma squeeze</b></p>\n<p>When option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.</p>\n<p>The value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.</p>\n<p><img src=\"https://static.tigerbbs.com/1f6fe1d60b7cacf9eece9460c672dc8f\" tg-width=\"640\" tg-height=\"408\"><i>Variation of option price with share price and expiry: Data sourced from Option Council</i></p>\n<p>Last year, when Tesla shares were hot, a lot of investors bought long-dated āout of the moneyā call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.</p>\n<p>If the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.</p>\n<p>This additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.</p>\n<p><b>Option expiry and the unwinding of the gamma squeeze</b></p>\n<p>As the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.</p>\n<p>If the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.</p>\n<p>Selling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)</p>\n<p>If option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. Iāll refer to that as the put/call balance point.</p>\n<p><b>The effect of short expiry versus long expiry options</b></p>\n<p>Most weekly options donāt come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.</p>\n<p>But the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.</p>\n<p>Based on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:</p>\n<p><img src=\"https://static.tigerbbs.com/f47d2184c62ffb8f38c4cc633baac772\" tg-width=\"640\" tg-height=\"353\"><i>Open interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.</i></p>\n<p>If this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.</p>\n<p>This does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.</p>\n<p><b>A falling share price generates downward gamma</b></p>\n<p>In addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Teslaās share price rose last year.</p>\n<p>If you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.</p>\n<p><b>Summary and Conclusion</b></p>\n<p>There is a large volume of deep-in-the-money call options purchased during Teslaās share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.</p>\n<p>Options trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Teslaās share price at present, I think this would be a good time to take profits if you hold a long position, and donāt be tempted to buy the dip if the share price drops over the next few weeks.</p>\n<p><b>A note about data source and possible inaccuracies</b></p>\n<p>All the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.</p>\n<p>Option open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we donāt know how much of the stated open interest is long and how much is short.</p>\n<p>However, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.</p>\n<p>I hold a very small position in July puts.</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>Tesla: Beware Of The Unwinding Of The Gamma Squeeze</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla: Beware Of The Unwinding Of The Gamma Squeeze\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-12 15:01 GMT+8 <a href=https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety...</p>\n\n<a href=\"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://seekingalpha.com/article/4427585-tesla-beware-of-the-unwinding-of-the-gamma-squeeze","is_english":true,"share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","article_id":"1139120087","content_text":"Summary\n\nTesla and other EV shares have been under some selling pressure in the last three months, the EV bubble is slowly deflating.\nAdverse publicity in China and increasing concern about the safety of Teslaās FSD option is adding to the downdraft.\nIntense competition in key markets and construction delay at the German factory do not help.\nSelling pressure could intensify in the second half of the year as call options expire, reversing last year's gamma squeeze.\n\nThe automotive industry is a highly competitive, capital intensive, low margin business at the best of times. It is also a very difficult business to enter. In addition to massive capital requirements, success in the automotive business demands talented and experienced engineers, a network of factories, and powerful logistics to manage the complexities of the supply chain and manufacturing process.\nIn the companyās recent earnings call, Tesla (TSLA) CEO, Elon Musk, compared it to the logistics of managing World War 2. His claim was perhaps a slight exaggeration, but it illustrates the point.\nDespite the low-profit margins and past failed attempts by the likes of Bricklin and DeLorean to enter the business, the promised advent of electric cars has produced a new wave of would-be automakers. Investors have piled into shares of these new entrants hoping to duplicate Teslaās skyrocketing share performance, driving prices into bubble territory.\nHowever, Teslaās financial results continue to demonstrate that the electric car business is no different from the rest of the automotive business. As more competition enters the BEV market prices are squeezed until profit margins are razor-thin. After 16 years of losses, Tesla finally reached profitability, not from selling cars, but from selling regulatory credits to other automakers. I think Tesla has clearly demonstrated that from a profitability viewpoint, electric cars are just cars with a different drive-train and the transformation to electric drives does not change the fundamental nature of the automotive business.\nThe EV bubble is now deflating, Tesla is down 30% from its January high. Teslaās would-be imitators have fared even worse, Lordstown Motors (RIDE) is down 73%, Fisker (FSR) -60%, Canoo (GOEV) ā 62%. Teslaās Chinese competitors' share prices are also falling, despite sharply rising sales. NIO (NIO) is down 40% and XPeng (XPEV) and Li Automotive (LIV) have both fallen more than 50%.\nAgainst this backdrop of falling share prices among EV companies, Tesla is facing a few headwinds of its own including:\n\nAdverse publicity resulting from quality and safety issues and a public backlash that will probably impact sales in China, its fastest growth market\nIncreasing doubts about the safety and capabilities of Teslaās Full Self Driving option, and the associated liabilities\nConstruction delays at the German factory\nIntense competition from legacy automakers in its key markets\n\nBut there is one factor that does not get the same attention in the media but may have an impact on Teslaās share price in the second half of this year. It is the potential selling pressure from the high volume of āin the money callā options that expire in the next year ā The unwinding of the gamma squeeze that some investors claim was the reason why Teslaās shares reached their astronomical heights last year.\nOption hedging has a significant impact on Teslaās share price\nTypical trading volumes for TSLA options are around 1 million contracts per day, equivalent to 100 million shares. Share volumes are around 30 million per day, which includes volume generated by market makers option hedging. With those relative volume levels, options trading is certain to have a significant influence on Teslaās share price.\nDelta hedging and the gamma squeeze\nWhen option market makers sell an option, they hedge their exposure by buying shares (or selling if they are exposed to put options). The number of shares they buy or sell (known as Delta) depends on the relative price movement between the option and its underlying share.\nThe value of Delta changes with the share price and the time to expiry. The chart below shows how those changes affect the number of shares that the option market makers buy to hedge their call option exposure. Three curves are shown with one-week, four-week, and one-year expiry dates, the X-axis is the share price relative to the option strike price.\nVariation of option price with share price and expiry: Data sourced from Option Council\nLast year, when Tesla shares were hot, a lot of investors bought long-dated āout of the moneyā call options which would have been delta hedged by the option market makers. The green curve on the chart above is the delta curve for options with a 1-year expiry. As an example, a $400 call contract ($2,000 pre-split) bought a year ago, would have been on the left edge of the green curve, it would have been hedged at the time with the purchase of about 28 shares.\nIf the share price had stayed the same over the past year, those shares would have been gradually sold as the delta curve moved towards the orange and blue curves. However, Tesla's share price has risen and is now about 170% of the $400 call option strike price, the delta is 0.98, another 70 shares have been purchased for hedging.\nThis additional share buying for hedging is the \"gamma squeeze\". It has been one of the factors driving the price of Tesla shares upwards, and it will be a factor driving the share price down as the squeeze unwinds with the expiry of the options.\nOption expiry and the unwinding of the gamma squeeze\nAs the expiry date approaches, delta tends to a value of 1.00 for in-the-money options and zero for out-of-the-money options. In theory, market makers would like to be holding, at expiry, one share for every ITM call option minus one share for each ITM put option to which they are exposed.\nIf the options are held to expiry, they are exercised and the long or short position transfers to the option holder, with no effect on the market. However, most option holders do not hold the option to expiry, many will sell the option before expiry or hedge the position by buying or selling shares.\nSelling an ITM call option that has a delta of close to 1 causes the market maker to sell 100 shares and selling an ITM put option with a delta of close to 1 causes the market maker to buy 100 shares, so an imbalance between open interest in ITM calls and ITM puts will result in a net sale (or purchase)\nIf option trading were the only driver of market prices the share price on expiry would trend towards the point where the open interest in ITM calls equals the open interest in ITM puts. Iāll refer to that as the put/call balance point.\nThe effect of short expiry versus long expiry options\nMost weekly options donāt come to the market until 8 weeks before expiry, they tend to be traded at strike prices close to the share price, so the put/call balance point is usually close to the share price, and the impact on expiry is small.\nBut the options that have been on the market for longer, the June, September, and January regular options show a strong imbalance between ITM calls and ITM puts, and much higher overall open interest. Option market makers are holding significant long positions to hedge those ITM calls, and those long positions will unwind as the calls approach expiry, releasing millions of shares onto the market.\nBased on data from May 7th, open ITM call interest in the June 18thoptions exceeds ITM put interest by 170,000 contracts (17 million shares), the balance point is at $440 as shown in the chart below:\nOpen interest in Tesla Calls and Puts that are in the money at various share prices: Source data from Options Council, May 7th.\nIf this theory is correct, as the upcoming June 18thcall option expiry approaches it will tend to push the Tesla share price towards $440 as the gamma squeeze unwinds, creating downward pressure on the share price.\nThis does not all happen on options expiry day, open interest in the June ITM calls has been falling steadily since I started keeping records in February, indicating that some investors have been taking profits already.\nA falling share price generates downward gamma\nIn addition to the effects of options expiry, there is the gamma effect as the share price moves up or down. The delta values move up or down their respective curves and option market makers buy or sell options to maintain their hedges. A falling share price generates selling of shares to unwind option hedges for all options, not just the expiring options, and it has the same directional effect for both puts and calls, i.e. selling when the price moves down and buying when the price moves up. This effect will magnify any downward moves, just as it magnified upward moves as Teslaās share price rose last year.\nIf you Google \"gamma squeeze\" you will find many articles describing how heavy call buying forces share prices up, but very few of those articles mention that the gamma squeeze works in both directions.\nSummary and Conclusion\nThere is a large volume of deep-in-the-money call options purchased during Teslaās share price run-up last year that will expire June 18th. This option expiry may precipitate selling as the option positions are closed and market makers remove their delta hedges. This will put downward pressure on the share price as the options expire. Further downward pressure is likely as the September and January options move towards expiry.\nOptions trading is not the only factor that determines share prices but combined with other factors that appear to be pressuring Teslaās share price at present, I think this would be a good time to take profits if you hold a long position, and donāt be tempted to buy the dip if the share price drops over the next few weeks.\nA note about data source and possible inaccuracies\nAll the information used to develop the charts, calculations, and conclusions in this article has been downloaded fromThe Options Councilwebsite. The information has some flaws which limit the accuracy of the data.\nOption open interest is posted on the site daily before the market opens. The information posted is total open interest, not net open interest. If someone holds a long call and someone else holds a short call of the same strike and expiry, those positions will post as two open interests. That introduces inaccuracy in the data because we donāt know how much of the stated open interest is long and how much is short.\nHowever, I believe that most of the long-dated deep-in-the-money calls will be long positions and the conclusions are valid.\nI hold a very small position in July puts.","news_type":1},"isVote":1,"tweetType":1,"viewCount":86,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3553581166117333","authorId":"3553581166117333","name":"Yazuu","avatar":"https://static.tigerbbs.com/4f61ee71b09ad3d01436c7dcc06b51f9","crmLevel":3,"crmLevelSwitch":0},"content":"REply back thanks","text":"REply back thanks","html":"REply back thanks"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":899493564,"gmtCreate":1628209270458,"gmtModify":1703503110966,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a> HODL! HODL! HODL! Will hold till it reaches the ?! ","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a> HODL! HODL! HODL! Will hold till it reaches the ?! ","text":"$AMC Entertainment(AMC)$ HODL! HODL! HODL! Will hold till it reaches the ?!","images":[{"img":"https://static.tigerbbs.com/498ccb9c555eacbf89f89b748e28d14e","width":"1200","height":"2133"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/899493564","isVote":1,"tweetType":1,"viewCount":259,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3586917370157174","authorId":"3586917370157174","name":"LengLeng64","avatar":"https://static.tigerbbs.com/acf828803289f63d39a85d78419f6d82","crmLevel":2,"crmLevelSwitch":0},"content":"Come on [Cool]","text":"Come on [Cool]","html":"Come on [Cool]"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":143145443,"gmtCreate":1625785314282,"gmtModify":1703748339743,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Please Like and comment! Thank you ","listText":"Please Like and comment! Thank you ","text":"Please Like and comment! Thank you","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":9,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/143145443","repostId":"1162204971","repostType":4,"isVote":1,"tweetType":1,"viewCount":84,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3582350348015234","authorId":"3582350348015234","name":"Ag1718","avatar":"https://community-static.tradeup.com/news/7b99db6dd9dd4eaa84bd8baf04aad0b9","crmLevel":1,"crmLevelSwitch":0},"content":"Sure. reply back","text":"Sure. reply back","html":"Sure. reply back"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":358738365,"gmtCreate":1616728912357,"gmtModify":1704797984150,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":" ?Please like and comment! Thank you! ?","listText":" ?Please like and comment! 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Thank you! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":7,"repostSize":0,"link":"https://ttm.financial/post/358738365","repostId":"1132921453","repostType":4,"repost":{"id":"1132921453","pubTimestamp":1616717349,"share":"https://www.laohu8.com/m/news/1132921453?lang=&edition=full","pubTime":"2021-03-26 08:09","market":"us","language":"en","title":"Dow climbs 199 points in late-day rebound led by stocks benefiting from reopening","url":"https://stock-news.laohu8.com/highlight/detail?id=1132921453","media":"cnbc","summary":"U.S. stocks staged a late-day comeback on Thursday, boosted by economic comeback plays as the market","content":"<div>\n<p>U.S. stocks staged a late-day comeback on Thursday, boosted by economic comeback plays as the market rebounded from a two-day losing streak.\nThe S&P 500 closed 0.5% higher at 3,909.52, wiping out a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/24/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Dow climbs 199 points in late-day rebound led by stocks benefiting from reopening</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nDow climbs 199 points in late-day rebound led by stocks benefiting from reopening\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 08:09 GMT+8 <a href=https://www.cnbc.com/2021/03/24/stock-market-open-to-close-news.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>U.S. stocks staged a late-day comeback on Thursday, boosted by economic comeback plays as the market rebounded from a two-day losing streak.\nThe S&P 500 closed 0.5% higher at 3,909.52, wiping out a ...</p>\n\n<a href=\"https://www.cnbc.com/2021/03/24/stock-market-open-to-close-news.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/5d1fe578ee46cbe0d24c33435ff25ae5","relate_stocks":{".DJI":"éē¼ęÆ",".SPX":"S&P 500 Index"},"source_url":"https://www.cnbc.com/2021/03/24/stock-market-open-to-close-news.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1132921453","content_text":"U.S. stocks staged a late-day comeback on Thursday, boosted by economic comeback plays as the market rebounded from a two-day losing streak.\nThe S&P 500 closed 0.5% higher at 3,909.52, wiping out a 0.9% intraday loss. The Dow Jones Industrial Average gained 199.42 points, or 0.6%, to 32,619.48 after losing as much as 348 points. The Nasdaq Composite also eked out a 0.1% gain to close at 12,977.68 as some major technology stocks reserved losses. Tesla rose 1.6%, while Apple closed in the green.\nStocks that are tied to a successful economic reopening such as airlines and cruise line operators led the intraday rebound. American Airlines and United gained more than 4% each, while Norwegian Cruise Line and Carnival both rose over 2%. Boeing climbed 3.3%.\nThe market experienced some weakness earlier in the day as Federal Reserve ChairmanJerome Powell hinted at one day starting to remove the stimulusthat has boosted the market during the pandemic.\n\"As we make substantial further progress toward our goals, we'll gradually roll back the amount of Treasurys and mortgage-backed securities we've bought,\" Powell told NPR's \"Morning Edition.\" \"We will very gradually over time and with great transparency, when the economy has all but fully recovered, we will be pulling back the support that we provided during emergency times.\"\nThursday's moves pared the major averages' week-to-date losses. The S&P 500 and the Dow are now down less than 0.1% each after hitting their record highs last week. The Nasdaq underperformed with a 1.8% loss this week.\nSome investors have been taking profits in their growth winners which led the market's rebound from the pandemic losses last year. Netflix has fallen 6.7% this month, while Tesla is down more than 5%. Pandemic winner Zoom Video has dropped nearly 16% in March.\n\"The weakness in technology stocks is undeniable, but it likely won't be a straight line down for the sector and there will be zigs and zags along the way,\" said David Bahnsen, chief investment officer at The Bahnsen Group. \"Tech stock valuations are too high and are screaming for a correction.\"\nInvestors pored over a better-than-expected reading on weekly jobless claims. The Labor Department said first-time claims for unemployment insurancetotaled 684,000 for the week ended March 20, lower than an estimate of 735,000 from economists surveyed by Dow Jones.\n\"The signs of strength from today's jobless claims read may actually have a perverse effect on the broader market,\" said Mike Loewengart, managing director of investment strategy at E-Trade.\"Meaning that if we continue to see the labor market make strides, this could translate into pressure on equities and on the Fed to reassess its accommodative stance.\"\nOil prices fell more than 4% Thursday as demand concerns rekindled with fresh coronavirus pandemic lockdowns.\nThe 10-year Treasury yield gained just 1 basis point to 1.64%. The benchmark rate hit a 14-month high last week above 1.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":243,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573460795152662","authorId":"3573460795152662","name":"Timtan85","avatar":"https://static.tigerbbs.com/5ac241a703d94ceba483abb0655d0b6b","crmLevel":2,"crmLevelSwitch":0},"content":"Like and comment pls","text":"Like and comment pls","html":"Like and comment pls"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":802592587,"gmtCreate":1627786416249,"gmtModify":1703495844884,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>HODL ???","listText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>HODL ???","text":"$AMC Entertainment(AMC)$HODL ???","images":[{"img":"https://static.tigerbbs.com/53855d4ed7568952fbce730eeabfbeef","width":"1200","height":"2133"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/802592587","isVote":1,"tweetType":1,"viewCount":114,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":1,"langContent":"EN","totalScore":0},{"id":177290655,"gmtCreate":1627219106177,"gmtModify":1703485683456,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"AMC, BB, SoFi! ??","listText":"AMC, BB, SoFi! ??","text":"AMC, BB, SoFi! ??","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/177290655","repostId":"1107345366","repostType":4,"repost":{"id":"1107345366","pubTimestamp":1627176839,"share":"https://www.laohu8.com/m/news/1107345366?lang=&edition=full","pubTime":"2021-07-25 09:33","market":"us","language":"en","title":"GameStop: The Game Is Far From Over","url":"https://stock-news.laohu8.com/highlight/detail?id=1107345366","media":"seekingalpha","summary":"Summary\n\nGameStop has revamped itself to progressively move towards to become a major e-commerce pla","content":"<p><b>Summary</b></p>\n<ul>\n <li>GameStop has revamped itself to progressively move towards to become a major e-commerce player.</li>\n <li>We think the company may possibly be at an inflection point, if the management team is able to successfully execute its new e-commerce pivot.</li>\n <li>In addition, we exhort the bears to pay special attention to the Reddit community, given its growing user base and influence in their investors' decision-making process.</li>\n <li>While we don't have a position in GameStop, we don't think the game is over for the company.</li>\n</ul>\n<p><b>Investment Thesis</b></p>\n<p>The speculation fervor behind GameStopās (GME) meteoric rise to the stratospheric levels of $480 per share last seen in Jan has subsided significantly, as the stock last traded at the $178 price level, a 63% decline from the ATH reached during the January mania.</p>\n<p>While we agree to a large extent with the Streetās valuation opinion, that this stock seems to be significantly overvalued (The Streetās mean target price is $37.5), we would also like to highlight that we donāt think we presently have a valuation model that can comprehensively incorporate the underlying factors driving the companyās stock price, and therefore would not boldly proclaim to investors who have an interest in meme stocks, to stay away from GME.</p>\n<p>We thinkeMarketerdelineated in this recent piece in June, what factors they thought could have driven the underlying demand behind meme stocks in Reddit forums like GME:</p>\n<blockquote>\n Punishing short sellers. Clover Health (CLOV) short-sellers, who believed the stock was overvalued, were down $438 million in mark-to-market losses. GameStop short sellers lost over $5 billion.Perplexing the markets āfor the memesāāi.e., itās just funny. Reddit posts on r/WallStreetBets highlight how members make seemingly irrational investment decisions for the joy of duping financial institutions.Pump and dump. The artificially inflated share prices can maximize profit for the lucky few who invest early.\n</blockquote>\n<p>We think investors who have been schooled in fundamental analysis would never be able to develop models that could fully factor in the above, as these investors think the long term value of stocks are driven by the long term strength and the competitive moat of their underlying businesses, but not with the \"ludicrous\" methods adopted by the Redditors in the way they analyze stocks.</p>\n<p>In this article, we dive deeper to look at the key fundamental drivers underpinning GME's business, and how we think the Reddit community's participation and influence in meme stocks like GME would continue to disrupt the valuation outlook for the company moving forward.</p>\n<p>What Has Changed for GameStop since the January Mania?</p>\n<p>GME recently appointed2 key veteranexecutives from Amazon (AMZN): Matt Furlong and Mike Recupero as its CEO and CFO, respectively, as part of Chairman Ryan Cohen's strategic revamp of GME's business model to pivot towards becoming a major \"e-commerce powerhouse.\"</p>\n<p>While the guidance from the new management may have been sparse so far, the team has certainly gotten down to work quickly, to put in place the necessary building blocks to gradually move GME into a major e-commerce player, as they have started to expand itsfulfillment centers, with two new recent facilities in Reno, Nevada and York, Pennsylvania, that have given the company a total capacity of more than 1.2M square feet.</p>\n<p>Ryan Cohen has also made it clear that the company wouldn't be specifying intricate details on its overhaul plans to its competitors, but instead appealing to investors to judge the team on their actions, as he emphasized:</p>\n<blockquote>\n You wonāt find ustalking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition...We have a lot of work in front of us. Moving forward, we want you to judge GameStop based on our actions -- not our words.\n</blockquote>\n<p>However, the Street was hardly convinced with Ryan Cohen or the companyās strategy, asWedbush Securitiesarticulated recently: āI think it got away from him. I think his egoās gotten in the way and now he's going to prove [to] everybody [that he] knows what he's doing. If there [was] a strategy, it's shocking that he hasn't told us. We were supposed to hear about this five months ago. What is such a secret?ā</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/213a840d218039b67bebc984532ecf5f\" tg-width=\"640\" tg-height=\"396\" width=\"100%\" height=\"auto\"><span>Quarterly revenues. Data source: S&P Capital IQ</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/c46f7322b39c6468f6929c1fd414921b\" tg-width=\"640\" tg-height=\"354\" width=\"100%\" height=\"auto\"><span>LTM revenue. Data source: S&P Capital IQ</span></p>\n<p>We could observe that the company seems to have been able to arrest the declining trend in its revenue in Q4'21 and Q1'22 (GME defines its FY differently from its CY), which took place well before the new management was in place. The company's Q4'21 revenue of $2.12B was its strong quarter over the last 3 years, while Q1'22's revenue grew 25% YoY. Therefore, when we plotted it over an LTM basis, we think that there's hope over the horizon, that perhaps the new management team may have an encouraging start, in the company's quest to become an important e-commerce competitor. We think investors should continue monitoring this space closely, especially on the build-up of the company's fulfillment centers, which is highly integral towards its e-commerce ambitions.</p>\n<p>LTM EBIT margins trend. Data Source: S&P Capital IQ</p>\n<p>While the company's EBIT margin trend has certainly been of major concern, we think this is an area certainly worth watching, as yet again we observed an improvement in the LTM trend, as the company posted an LTM EBIT margin of -3.5% in Q1'22, as compared to its LTM EBIT margin of -4.9% in Q4'21. While we don't think the company is out of the woods yet, but we think the company may have stopped the rot, at least for now.</p>\n<p>Debt to Equity Ratio. Source:Simply Wall St</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/8eaacbe2d43de887038c30e9ab4bcfa2\" tg-width=\"640\" tg-height=\"353\" width=\"100%\" height=\"auto\"><span>LTM Levered FCF margin. Data source: S&P Capital IQ</span></p>\n<p>The company has also astutely capitalized on its share price to completetwo equity offeringsto buttress its balance sheet. As a result, the company's debt to equity ratio has improved significantly to 5.5%, with a debt balance of just $48.1M, while having a cash and ST investments balance of $694.7M (as of 1 May 21, before both equity offerings which raised a total of $1.677B, and before paring down of debt). In addition, the company has also never really been bleeding cash, as its levered FCF margins trend has always been relatively healthy while having also improved its LTM levered FCF margin at the recent quarter to 1.6%.</p>\n<p>Therefore, we think GME looks well-positioned to take advantage of its strategic overhaul towards its new e-commerce pivot if the management can successfully execute moving forward. While we are not too sure at this point on the roadmap ahead for GME, the Reddit community seems to be ready to continue supporting this company, as we shall go into detail how the Reddit community would continue to be a highly important force to be reckoned with, in their quest to bolster the stock price of the company, such that even Ryan Cohen made it a point to pay a special tribute to the Reddit community:</p>\n<blockquote>\n Weāre fortunateto have such a special group of investors holding the companyās shares, you guys inspire us to think bigger, fight harder and work longer each day.\n</blockquote>\n<p><b>The Reddit Community Grew by 25.9% in 2020</b></p>\n<p>US social network user growth, by platform 2020 & 2021. Source:eMarketer</p>\n<p>Investors should be able to observe that Reddit posted highly remarkable growth in 2020, as users on its platform grew by 25.9% YoY, andeMarketeralso expects the Reddit community to grow by 14.4% in 2021, to reach 43.3M users. We think the increasing popularity towards the adoption of Reddit would continue to sustain investors' interest in meme stocks like GME, moving forward.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/4f886ecf993efe35532771c132d94a6a\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Population distribution in the US in 2019, by generation. Data source: US Census Bureau</span></p>\n<p>We believe that Reddit has certainly benefited from the secular drivers underpinning digitization, which has also led to significant growth and popularity in trading platforms like Robinhood (HOOD), where theaverage agein 2020 is 31 years old. This puts the average age of Robinhood users right within the age group of the Millennials, who were born between 1981 and 1996 (25 to 40 years old), and accounted for 21.97% of the US population, based on the 2019 census.</p>\n<p>Importantly, we could also observe that Millennial investors are interested in stocks that are not the āsafe and steadyā stocks that a typical investor is expected to hold if I could put it that way. We donāt think valuations form the most important considerations to these investors as we could observe from the above.</p>\n<p>According to a report byApex Clearing, Tesla (TSLA) formed the largest holdings of their Millennials portfolio in Q1ā21, with a 28.3% share, a stock that we think investors would not typically say itās cheap. While AAPL was the second-largest holding with a 14.5% share, GME also rounded up the top 4 with a 5.2% share, lending support to our opinion that Millennial investorsā motivations are driven by factors beyond just fundamentals and valuations.</p>\n<p>Among the holdings in the Millennials portfolio, we could observe many other examples that corroborate these investors' interests in premium stocks, like Nvidia (NVDA), another meme stock like AMC Entertainment (AMC), Churchill Capital Corp (CCIV), its third-largest holding; Nio (NIO), Palantir (PLTR), and even Square (SQ), stocks we think investors would not typically ascribe as value stocks.</p>\n<p>Therefore, we think the general investor community needs to understand that thereās a huge and growing base of investors whose understanding and expectations of fundamentals and valuations are certainly quite different from what our typical valuation models could account for.</p>\n<p>We think the market is definitely bigger and much more complex than what we know, and itās just not possible to use the same fundamental analysis and valuation methods to value meme stocks like GME and say that they are way overvalued, a process that we honestly think is quite meaningless in the world of meme stocks investment.</p>\n<p><b>Analyzing the Reddit Opinion</b></p>\n<p>Individual investorsā opinion on Reddit after GameStop short squeeze in the US, UK, and Canada as of Feb 21, by age. Data source:Brunswick</p>\n<p>According to a survey by Brunswick, we could observe the importance of the Reddit forums as an investment tool for investors, especially among the younger investors within the age group of 18-29 years old. About 14% of all investors ātrust Reddit as a media alternative,ā and the share even shot up to 31% among the younger investors. In addition, a good proportion (25%) of the younger investors also took part in the GME opportunities, while 20% of them think that the GME events ārepresent a fundamental shift of power in the market.ā While these opinions may belong within the minority of investors, we think the proportion of investors is certainly large enough to raise the eyebrows of the general investment community, and therefore we think the power of the Reddit forums is certainly a force to be reckoned with moving ahead.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/aa3108c1a56bc4c6221a4d8297e018d3\" tg-width=\"826\" tg-height=\"511\" width=\"100%\" height=\"auto\"><span>Share of institutional investors using Reddit to investigate an issue in the US, UK, and Canada. Data source: Brunswick</span></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e72f250f4fe70ca9af575b6828bace0d\" tg-width=\"600\" tg-height=\"371\" width=\"100%\" height=\"auto\"><span>Average trust score assigned by institutional investors to Reddit in the US, UK, and Canada. Data source: Brunswick</span></p>\n<p>We could observe Redditās increasing influence even among institutional investors, as 27% of them used Reddit to āinvestigate an issueā, which increased discernibly from the previous years, even though their trust in the platform dropped markedly from an average score of 3.5 in 2019 to 2.0 in 2021. We think this shows that institutional investors consider Redditās increasing influence in the general investment communityās decision-making process, but they donāt trust those things going on in those forums as meaningful enough for their \"well-developed\" processes, as compared to individual investors shown earlier.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a87f8665c27d127566189bd21a035158\" tg-width=\"956\" tg-height=\"591\" width=\"100%\" height=\"auto\"><span>Institutional investors' attitude towards members of the Reddit wallstreetbets community. Data source: Brunswick</span></p>\n<p>While 48% of institutional investors think that the Redditors āmight have a short term influence, but they wonāt be able to sustain it,ā 27% developed some curiosity regarding Reddit influence among the investorsā community, and 13% of them developed some form of respect for the way the Redditors were able to amass an army to outgun some of Wall Streetās brightest minds. We were therefore not surprised to find that 20% of these institutional investors were frustrated with what they considered as āmarket manipulationā by the Redditors.</p>\n<p><b>Looking Ahead</b></p>\n<p>Ownership breakdown. Source:Simply Wall St</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a1dd4930d00083121d28ea6d57285bc5\" tg-width=\"1280\" tg-height=\"501\" width=\"100%\" height=\"auto\"><span>Institutional ownership changes. Source:Marketbeat</span></p>\n<p>Moving forward, we think meme stocks like GME would continue to feature prominently within the Reddit forums and remain one of their āflagshipā stocks in their fight against the Street. Retail investors now hold the largest share of ownership of GME stock, accounting for 45.1% of total ownership. Interestingly, thereās still a sizable proportion (36.4%) of institutional investors that remain vested in GME, which includes GMEās largest shareholder: Blackrock, which owns 12.36% of GME stock. While GME witnessed a significant outflow of $1.93B of institutional capital in Q2ā21, the stock price remained well above the closing price of $17.25, on the first trading day of 2021.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/a708e62291662e5d4e2bce79492dc93a\" tg-width=\"1244\" tg-height=\"656\" width=\"100%\" height=\"auto\"><span>Percentage of float shorted over time. Source:Marketbeat</span></p>\n<p>Importantly, the price continues to be sustained even though the short percentage of float has dropped significantly from 41.96% in Jan, to ājustā 14.18% at the end of June, its lowest recorded two-week period in 2021.</p>\n<p>Other than the 45.1% of retail investors who are vested in GME, the stock is also supported by Ryan Cohenās 12.13% share, which makes him the second-largest shareholder of GME stock, behind Blackrock, even though the purchase price for his last batch of 1.274M shares in Dec 20 is about $14.24, which certainly gives him a huge margin of safety if we consider GMEās last closing price of $178.85.</p>\n<p><b>Price Action and Trend Analysis</b></p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/fe5e54ac5cfe6504ec07c334a8c52668\" tg-width=\"1280\" tg-height=\"786\" width=\"100%\" height=\"auto\"><span>Source: TradingView</span></p>\n<p>Ever since the mania we witnessed at the start of the year, GME has settled down and seems to have developed an uptrend bias, with a support level that has attracted strong buying interest between the $130 and $160 price level previously. It is a level that we expect the buyers to continue defending strongly, based on our price action analysis. For investors who are keen to take a position in GME, we think they may consider an entry within that buy range that we highlighted.</p>\n<p>While we are convinced that the volatility in GameStopās price is likely to continue moving ahead, we think the stock has incredibly found huge buying interest among the retail community that has shaken the foundations of the institutional investors, asStenham Asset Managementarticulated:</p>\n<blockquote>\n \"In the current environment, you are being negligent if you donāt measure and manage your exposure on the short side to both crowding and retail interest,\" and we think one of the multibillion-dollar US hedge fund also succinctly summed up the rising influence of the Reddit community: ā[We] are absolutely looking at forums such as WSB, we are monitoring that extremely closely.ā\n</blockquote>\n<p>In GameStop, we think the game is certainly far from being over.</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>GameStop: The Game Is Far From Over</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; 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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\">\nGameStop: The Game Is Far From Over\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-25 09:33 GMT+8 <a href=https://seekingalpha.com/article/4441170-gamestop-the-game-is-far-from-over><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Summary\n\nGameStop has revamped itself to progressively move towards to become a major e-commerce player.\nWe think the company may possibly be at an inflection point, if the management team is able to ...</p>\n\n<a href=\"https://seekingalpha.com/article/4441170-gamestop-the-game-is-far-from-over\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"GME":"ęøøęé©æē«"},"source_url":"https://seekingalpha.com/article/4441170-gamestop-the-game-is-far-from-over","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1107345366","content_text":"Summary\n\nGameStop has revamped itself to progressively move towards to become a major e-commerce player.\nWe think the company may possibly be at an inflection point, if the management team is able to successfully execute its new e-commerce pivot.\nIn addition, we exhort the bears to pay special attention to the Reddit community, given its growing user base and influence in their investors' decision-making process.\nWhile we don't have a position in GameStop, we don't think the game is over for the company.\n\nInvestment Thesis\nThe speculation fervor behind GameStopās (GME) meteoric rise to the stratospheric levels of $480 per share last seen in Jan has subsided significantly, as the stock last traded at the $178 price level, a 63% decline from the ATH reached during the January mania.\nWhile we agree to a large extent with the Streetās valuation opinion, that this stock seems to be significantly overvalued (The Streetās mean target price is $37.5), we would also like to highlight that we donāt think we presently have a valuation model that can comprehensively incorporate the underlying factors driving the companyās stock price, and therefore would not boldly proclaim to investors who have an interest in meme stocks, to stay away from GME.\nWe thinkeMarketerdelineated in this recent piece in June, what factors they thought could have driven the underlying demand behind meme stocks in Reddit forums like GME:\n\n Punishing short sellers. Clover Health (CLOV) short-sellers, who believed the stock was overvalued, were down $438 million in mark-to-market losses. GameStop short sellers lost over $5 billion.Perplexing the markets āfor the memesāāi.e., itās just funny. Reddit posts on r/WallStreetBets highlight how members make seemingly irrational investment decisions for the joy of duping financial institutions.Pump and dump. The artificially inflated share prices can maximize profit for the lucky few who invest early.\n\nWe think investors who have been schooled in fundamental analysis would never be able to develop models that could fully factor in the above, as these investors think the long term value of stocks are driven by the long term strength and the competitive moat of their underlying businesses, but not with the \"ludicrous\" methods adopted by the Redditors in the way they analyze stocks.\nIn this article, we dive deeper to look at the key fundamental drivers underpinning GME's business, and how we think the Reddit community's participation and influence in meme stocks like GME would continue to disrupt the valuation outlook for the company moving forward.\nWhat Has Changed for GameStop since the January Mania?\nGME recently appointed2 key veteranexecutives from Amazon (AMZN): Matt Furlong and Mike Recupero as its CEO and CFO, respectively, as part of Chairman Ryan Cohen's strategic revamp of GME's business model to pivot towards becoming a major \"e-commerce powerhouse.\"\nWhile the guidance from the new management may have been sparse so far, the team has certainly gotten down to work quickly, to put in place the necessary building blocks to gradually move GME into a major e-commerce player, as they have started to expand itsfulfillment centers, with two new recent facilities in Reno, Nevada and York, Pennsylvania, that have given the company a total capacity of more than 1.2M square feet.\nRyan Cohen has also made it clear that the company wouldn't be specifying intricate details on its overhaul plans to its competitors, but instead appealing to investors to judge the team on their actions, as he emphasized:\n\n You wonāt find ustalking a big game, making a bunch of lofty promises or telegraphing our strategy to the competition...We have a lot of work in front of us. Moving forward, we want you to judge GameStop based on our actions -- not our words.\n\nHowever, the Street was hardly convinced with Ryan Cohen or the companyās strategy, asWedbush Securitiesarticulated recently: āI think it got away from him. I think his egoās gotten in the way and now he's going to prove [to] everybody [that he] knows what he's doing. If there [was] a strategy, it's shocking that he hasn't told us. We were supposed to hear about this five months ago. What is such a secret?ā\nQuarterly revenues. Data source: S&P Capital IQ\nLTM revenue. Data source: S&P Capital IQ\nWe could observe that the company seems to have been able to arrest the declining trend in its revenue in Q4'21 and Q1'22 (GME defines its FY differently from its CY), which took place well before the new management was in place. The company's Q4'21 revenue of $2.12B was its strong quarter over the last 3 years, while Q1'22's revenue grew 25% YoY. Therefore, when we plotted it over an LTM basis, we think that there's hope over the horizon, that perhaps the new management team may have an encouraging start, in the company's quest to become an important e-commerce competitor. We think investors should continue monitoring this space closely, especially on the build-up of the company's fulfillment centers, which is highly integral towards its e-commerce ambitions.\nLTM EBIT margins trend. Data Source: S&P Capital IQ\nWhile the company's EBIT margin trend has certainly been of major concern, we think this is an area certainly worth watching, as yet again we observed an improvement in the LTM trend, as the company posted an LTM EBIT margin of -3.5% in Q1'22, as compared to its LTM EBIT margin of -4.9% in Q4'21. While we don't think the company is out of the woods yet, but we think the company may have stopped the rot, at least for now.\nDebt to Equity Ratio. Source:Simply Wall St\nLTM Levered FCF margin. Data source: S&P Capital IQ\nThe company has also astutely capitalized on its share price to completetwo equity offeringsto buttress its balance sheet. As a result, the company's debt to equity ratio has improved significantly to 5.5%, with a debt balance of just $48.1M, while having a cash and ST investments balance of $694.7M (as of 1 May 21, before both equity offerings which raised a total of $1.677B, and before paring down of debt). In addition, the company has also never really been bleeding cash, as its levered FCF margins trend has always been relatively healthy while having also improved its LTM levered FCF margin at the recent quarter to 1.6%.\nTherefore, we think GME looks well-positioned to take advantage of its strategic overhaul towards its new e-commerce pivot if the management can successfully execute moving forward. While we are not too sure at this point on the roadmap ahead for GME, the Reddit community seems to be ready to continue supporting this company, as we shall go into detail how the Reddit community would continue to be a highly important force to be reckoned with, in their quest to bolster the stock price of the company, such that even Ryan Cohen made it a point to pay a special tribute to the Reddit community:\n\n Weāre fortunateto have such a special group of investors holding the companyās shares, you guys inspire us to think bigger, fight harder and work longer each day.\n\nThe Reddit Community Grew by 25.9% in 2020\nUS social network user growth, by platform 2020 & 2021. Source:eMarketer\nInvestors should be able to observe that Reddit posted highly remarkable growth in 2020, as users on its platform grew by 25.9% YoY, andeMarketeralso expects the Reddit community to grow by 14.4% in 2021, to reach 43.3M users. We think the increasing popularity towards the adoption of Reddit would continue to sustain investors' interest in meme stocks like GME, moving forward.\nPopulation distribution in the US in 2019, by generation. Data source: US Census Bureau\nWe believe that Reddit has certainly benefited from the secular drivers underpinning digitization, which has also led to significant growth and popularity in trading platforms like Robinhood (HOOD), where theaverage agein 2020 is 31 years old. This puts the average age of Robinhood users right within the age group of the Millennials, who were born between 1981 and 1996 (25 to 40 years old), and accounted for 21.97% of the US population, based on the 2019 census.\nImportantly, we could also observe that Millennial investors are interested in stocks that are not the āsafe and steadyā stocks that a typical investor is expected to hold if I could put it that way. We donāt think valuations form the most important considerations to these investors as we could observe from the above.\nAccording to a report byApex Clearing, Tesla (TSLA) formed the largest holdings of their Millennials portfolio in Q1ā21, with a 28.3% share, a stock that we think investors would not typically say itās cheap. While AAPL was the second-largest holding with a 14.5% share, GME also rounded up the top 4 with a 5.2% share, lending support to our opinion that Millennial investorsā motivations are driven by factors beyond just fundamentals and valuations.\nAmong the holdings in the Millennials portfolio, we could observe many other examples that corroborate these investors' interests in premium stocks, like Nvidia (NVDA), another meme stock like AMC Entertainment (AMC), Churchill Capital Corp (CCIV), its third-largest holding; Nio (NIO), Palantir (PLTR), and even Square (SQ), stocks we think investors would not typically ascribe as value stocks.\nTherefore, we think the general investor community needs to understand that thereās a huge and growing base of investors whose understanding and expectations of fundamentals and valuations are certainly quite different from what our typical valuation models could account for.\nWe think the market is definitely bigger and much more complex than what we know, and itās just not possible to use the same fundamental analysis and valuation methods to value meme stocks like GME and say that they are way overvalued, a process that we honestly think is quite meaningless in the world of meme stocks investment.\nAnalyzing the Reddit Opinion\nIndividual investorsā opinion on Reddit after GameStop short squeeze in the US, UK, and Canada as of Feb 21, by age. Data source:Brunswick\nAccording to a survey by Brunswick, we could observe the importance of the Reddit forums as an investment tool for investors, especially among the younger investors within the age group of 18-29 years old. About 14% of all investors ātrust Reddit as a media alternative,ā and the share even shot up to 31% among the younger investors. In addition, a good proportion (25%) of the younger investors also took part in the GME opportunities, while 20% of them think that the GME events ārepresent a fundamental shift of power in the market.ā While these opinions may belong within the minority of investors, we think the proportion of investors is certainly large enough to raise the eyebrows of the general investment community, and therefore we think the power of the Reddit forums is certainly a force to be reckoned with moving ahead.\nShare of institutional investors using Reddit to investigate an issue in the US, UK, and Canada. Data source: Brunswick\nAverage trust score assigned by institutional investors to Reddit in the US, UK, and Canada. Data source: Brunswick\nWe could observe Redditās increasing influence even among institutional investors, as 27% of them used Reddit to āinvestigate an issueā, which increased discernibly from the previous years, even though their trust in the platform dropped markedly from an average score of 3.5 in 2019 to 2.0 in 2021. We think this shows that institutional investors consider Redditās increasing influence in the general investment communityās decision-making process, but they donāt trust those things going on in those forums as meaningful enough for their \"well-developed\" processes, as compared to individual investors shown earlier.\nInstitutional investors' attitude towards members of the Reddit wallstreetbets community. Data source: Brunswick\nWhile 48% of institutional investors think that the Redditors āmight have a short term influence, but they wonāt be able to sustain it,ā 27% developed some curiosity regarding Reddit influence among the investorsā community, and 13% of them developed some form of respect for the way the Redditors were able to amass an army to outgun some of Wall Streetās brightest minds. We were therefore not surprised to find that 20% of these institutional investors were frustrated with what they considered as āmarket manipulationā by the Redditors.\nLooking Ahead\nOwnership breakdown. Source:Simply Wall St\nInstitutional ownership changes. Source:Marketbeat\nMoving forward, we think meme stocks like GME would continue to feature prominently within the Reddit forums and remain one of their āflagshipā stocks in their fight against the Street. Retail investors now hold the largest share of ownership of GME stock, accounting for 45.1% of total ownership. Interestingly, thereās still a sizable proportion (36.4%) of institutional investors that remain vested in GME, which includes GMEās largest shareholder: Blackrock, which owns 12.36% of GME stock. While GME witnessed a significant outflow of $1.93B of institutional capital in Q2ā21, the stock price remained well above the closing price of $17.25, on the first trading day of 2021.\nPercentage of float shorted over time. Source:Marketbeat\nImportantly, the price continues to be sustained even though the short percentage of float has dropped significantly from 41.96% in Jan, to ājustā 14.18% at the end of June, its lowest recorded two-week period in 2021.\nOther than the 45.1% of retail investors who are vested in GME, the stock is also supported by Ryan Cohenās 12.13% share, which makes him the second-largest shareholder of GME stock, behind Blackrock, even though the purchase price for his last batch of 1.274M shares in Dec 20 is about $14.24, which certainly gives him a huge margin of safety if we consider GMEās last closing price of $178.85.\nPrice Action and Trend Analysis\nSource: TradingView\nEver since the mania we witnessed at the start of the year, GME has settled down and seems to have developed an uptrend bias, with a support level that has attracted strong buying interest between the $130 and $160 price level previously. It is a level that we expect the buyers to continue defending strongly, based on our price action analysis. For investors who are keen to take a position in GME, we think they may consider an entry within that buy range that we highlighted.\nWhile we are convinced that the volatility in GameStopās price is likely to continue moving ahead, we think the stock has incredibly found huge buying interest among the retail community that has shaken the foundations of the institutional investors, asStenham Asset Managementarticulated:\n\n \"In the current environment, you are being negligent if you donāt measure and manage your exposure on the short side to both crowding and retail interest,\" and we think one of the multibillion-dollar US hedge fund also succinctly summed up the rising influence of the Reddit community: ā[We] are absolutely looking at forums such as WSB, we are monitoring that extremely closely.ā\n\nIn GameStop, we think the game is certainly far from being over.","news_type":1},"isVote":1,"tweetType":1,"viewCount":58,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":141502679,"gmtCreate":1625878536791,"gmtModify":1703750242249,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>sharing for coins.","listText":"<a href=\"https://laohu8.com/S/BB\">$BlackBerry(BB)$</a>sharing for coins.","text":"$BlackBerry(BB)$sharing for coins.","images":[{"img":"https://static.tigerbbs.com/5e252ed2fa4a8ed4b4786b90d87a166f","width":"1200","height":"2133"}],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":8,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/141502679","isVote":1,"tweetType":1,"viewCount":206,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3581893274168173","authorId":"3581893274168173","name":"Miyami","avatar":"https://community-static.tradeup.com/news/7adfacb91bb8701bee462e6a3d825a09","crmLevel":3,"crmLevelSwitch":0},"content":"comment for coins","text":"comment for coins","html":"comment for coins"}],"imageCount":1,"langContent":"EN","totalScore":0},{"id":160283972,"gmtCreate":1623799544396,"gmtModify":1703819568980,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Tesla ?","listText":"Tesla ?","text":"Tesla ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/160283972","repostId":"1179958588","repostType":2,"repost":{"id":"1179958588","pubTimestamp":1623766192,"share":"https://www.laohu8.com/m/news/1179958588?lang=&edition=full","pubTime":"2021-06-15 22:09","market":"us","language":"en","title":"Tesla Going Through A \"Rather Dry Spell\", Says Morgan Stanley's Adam Jonas","url":"https://stock-news.laohu8.com/highlight/detail?id=1179958588","media":"zerohedge","summary":"In most respects, the latest note from Adam Jonas at Morgan Stanley on Tesla has been more of the sa","content":"<p>In most respects, the latest note from Adam Jonas at Morgan Stanley on Tesla has been more of the same.</p>\n<p>You've got your bona fide comedy, as Jonas starts his note by saying \"Letās begin with a healthy dose of intellectual honesty on the starting point for the stock,\" before defending his $900 price target on the name...</p>\n<p><img src=\"https://static.tigerbbs.com/c9cc9bfba9fba1bf3593b4b6f4e20dbf\" tg-width=\"500\" tg-height=\"198\" referrerpolicy=\"no-referrer\"></p>\n<p>You've got your \"pie in the sky\" style lofty estimates about a SaaS revenue stream that doesn't exist and that the company likely doesn't even have the infrastructure for...</p>\n<p><img src=\"https://static.tigerbbs.com/e525d8ff30b02cefbdc8daecdcfcca7b\" tg-width=\"500\" tg-height=\"246\" referrerpolicy=\"no-referrer\">You've got your insane valuation for Tesla's insurance business...</p>\n<p><img src=\"https://static.tigerbbs.com/67267c0686d45416d0cb73fda3e253c7\" tg-width=\"516\" tg-height=\"648\" referrerpolicy=\"no-referrer\">...and finally, you've got your proclamation that Tesla is going to exceed its timelines for autonomous productions. You know, because the company has been so masterful with handling timelines in the past.</p>\n<p><img src=\"https://static.tigerbbs.com/f7526beef593477f8a494eac3cd07e6f\" tg-width=\"500\" tg-height=\"97\"></p>\n<p>All told, it was a pretty standard Adam Jonas ticker tape parade for the company.</p>\n<p>But tucked into what can only be described as the \"endless optimism\" of Jonas' note was an interesting point that the analyst made.<b>Namely, he appears to make the suggestion that CEO Elon Musk's latest obsession with bitcoin is indicative that Tesla's underlying business could be going through a \"dry spell\".</b></p>\n<p><b>\"Over the past couple of months, incoming client interest on Tesla is focused mostly on Chinese sales/production data and Elon Muskās tweets regarding Bitcoin. Might Tesla-Bitcoin fever may be telling us something about the lull in Tesla sentiment?</b>\" Jonas asks toward the beginning of his note.</p>\n<p>He continues:<b>\"You just know itās a rather dry spell for Tesla when Bitcoin is the dominant new story and dominant driver of investor discussion day in, day out.</b>In our opinion, whatās considerably more interesting than ādecodingā the TSLA-Bitcoin relationship is the fact that there is a virtual āvacuumā of developments and news related to other areas of technological and commercial progress that the company is involved with on renewable energy, storage networking and transportation.\"</p>\n<p>He begrudgingly concludes about Tesla's underwhelming Model S Plaid unveil: \"<b>Yes, the Model S Plaid unveil was fun, but whereās the next ābigā development to move the company forward?\"</b></p>\n<p>The lines even stood out CNBC's Carl Quintanilla who pointed it out early this morning.</p>\n<p><img src=\"https://static.tigerbbs.com/ec9ba5f7279aee4c62994fd1495bdcec\" tg-width=\"507\" tg-height=\"530\">It's interesting to note this level of what appears to just be bemusement and exhaustion from Jonas. But whether or not it sticks out to the \"sophisticated investors\" buying Tesla stock remains another question...</p>","source":"lsy1583725640930","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Going Through A \"Rather Dry Spell\", Says Morgan Stanley's Adam Jonas</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Going Through A \"Rather Dry Spell\", Says Morgan Stanley's Adam Jonas\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-06-15 22:09 GMT+8 <a href=https://www.zerohedge.com/markets/tesla-going-through-rather-dry-spell-says-morgan-stanleys-adam-jonas><strong>zerohedge</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>In most respects, the latest note from Adam Jonas at Morgan Stanley on Tesla has been more of the same.\nYou've got your bona fide comedy, as Jonas starts his noteĀ by saying \"Letās begin with a healthy...</p>\n\n<a href=\"https://www.zerohedge.com/markets/tesla-going-through-rather-dry-spell-says-morgan-stanleys-adam-jonas\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://www.zerohedge.com/markets/tesla-going-through-rather-dry-spell-says-morgan-stanleys-adam-jonas","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1179958588","content_text":"In most respects, the latest note from Adam Jonas at Morgan Stanley on Tesla has been more of the same.\nYou've got your bona fide comedy, as Jonas starts his noteĀ by saying \"Letās begin with a healthy dose of intellectual honesty on the starting point forĀ the stock,\" before defending his $900 price target on the name...\n\nYou've got your \"pie in the sky\" style lofty estimates about a SaaS revenue stream that doesn't exist and that the company likely doesn't even have the infrastructure for...\nYou've got your insane valuation for Tesla's insurance business...\n...and finally, you've got your proclamation that Tesla is going to exceed its timelines for autonomous productions. You know, because the company has been so masterful with handling timelines in the past.\n\nAll told, it was a pretty standard Adam Jonas ticker tape parade for the company.\nBut tucked into what can only be described as the \"endless optimism\" of Jonas' note was an interesting point that the analyst made.Namely, he appears to make the suggestion that CEO Elon Musk's latest obsession with bitcoin is indicative that Tesla's underlying business could be going through a \"dry spell\".\n\"Over the past couple of months, incoming client interest on Tesla is focused mostly on Chinese sales/production data and Elon Muskās tweets regarding Bitcoin. Might Tesla-Bitcoin fever may be telling us something about the lull in Tesla sentiment?\" Jonas asks toward the beginning of his note.\nHe continues:\"You just know itās a rather dry spell for Tesla when Bitcoin is the dominant new story and dominant driver of investor discussion day in, day out.In our opinion, whatās considerably more interesting than ādecodingā the TSLA-Bitcoin relationship is the fact that there is a virtual āvacuumā of developments and news related to other areas of technological and commercial progress that the company is involved with on renewable energy, storage networking and transportation.\"\nHe begrudgingly concludesĀ about Tesla's underwhelming Model S Plaid unveil: \"Yes, the Model S Plaid unveil was fun, but whereās the next ābigā development to move the company forward?\"\nThe lines even stood out CNBC's Carl Quintanilla who pointed it out early this morning.\nIt's interesting to note this level of what appears to just be bemusement and exhaustion from Jonas. But whether or not it sticks out to the \"sophisticated investors\" buying Tesla stock remains another question...","news_type":1},"isVote":1,"tweetType":1,"viewCount":292,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3562195988340746","authorId":"3562195988340746","name":"ferdz_mit","avatar":"https://community-static.tradeup.com/news/ebc1030a83ca8d57ffcbfa70978f1366","crmLevel":6,"crmLevelSwitch":0},"content":"going up and down and up and down...","text":"going up and down and up and down...","html":"going up and down and up and down..."}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":352232043,"gmtCreate":1616977620682,"gmtModify":1704800261728,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Please like and comment! Thank you! ","listText":"Please like and comment! Thank you! ","text":"Please like and comment! Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":6,"repostSize":0,"link":"https://ttm.financial/post/352232043","repostId":"1111192234","repostType":4,"repost":{"id":"1111192234","pubTimestamp":1616772179,"share":"https://www.laohu8.com/m/news/1111192234?lang=&edition=full","pubTime":"2021-03-26 23:22","market":"us","language":"en","title":"Tesla Deliveries Are Coming. They Matter More Than Ever. Hereās What to Expect.","url":"https://stock-news.laohu8.com/highlight/detail?id=1111192234","media":"Barrons","summary":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.Numbers will matter even more for richly valued, high-growth companies such as Tesla. Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors and Ford Motor have taken unexpected plant downtime recently and","content":"<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.</p>\n<p>Numbers will matter even more for richly valued, high-growth companies such as Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. Both General Motors(GM) and Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. Thatās not what investors want to hear.</p>\n<p>Everyone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.</p>\n<p>So far the market isnāt feeling charitable. But the sample size is only one stock.</p>\n<p>NIO shares (NIO) are down more than 6% in Friday trading after the EV maker reduced guidance for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.</p>\n<p>For Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. Thatās down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.</p>\n<p>Tesla delivered about 181,000 vehicles in the fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.</p>\n<p>RBC analyst Joe Spak is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. āConsensus [estimate] looks mostly reasonable,ā wrote Spak in a Thursday report. āWe do look for updates to see how the semi shortage is impacting Teslaāas it has the rest of the industry.ā He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.</p>\n<p>Spak rates Tesla stock Hold and has a $725 price target for shares.</p>\n<p>In the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isnāt profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.</p>\n<p>Tesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. The S&P 500is up about 0.7%.</p>","source":"lsy1601382232898","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Deliveries Are Coming. They Matter More Than Ever. Hereās What to Expect.</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Deliveries Are Coming. They Matter More Than Ever. Hereās What to Expect.\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-26 23:22 GMT+8 <a href=https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global ...</p>\n\n<a href=\"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://www.barrons.com/articles/tesla-deliveries-are-coming-they-matter-more-than-ever-heres-what-to-expect-51616769819?mod=hp_DAY_Theme_1_3","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1111192234","content_text":"The first quarter ends in just a few days. That means more delivery data from auto makers is due. For investors, the figures will be higher stakes than usual. The reason is simple: The global automotive microchip shortage is roiling the entire car business.\nNumbers will matter even more for richly valued, high-growth companies such asĀ Tesla(ticker: TSLA). Tesla investors want growth, and the chip situation is squeezing growth. BothĀ General Motors(GM) andĀ Ford Motor(F) have taken unexpected plant downtime recently and have called the chip issue a billion-dollar profit headwind for 2021. Thatās not what investors want to hear.\nEveryone is aware of the issue. Still, when first-quarter data is released, investors have to decide whether or not to give Tesla, or any other fast-growing EV maker, a pass if results are weaker than expected.\nSo far the market isnāt feeling charitable. But the sample size is only one stock.\nNIOĀ shares (NIO) are down more than 6% in Friday trading after the EV makerĀ reduced guidanceĀ for first-quarter deliveries from about 20,250 cars to about 19,500. NIO management cited the chip shortage and is shutting a manufacturing plant for five days starting March 29.\nFor Tesla, Wall Street is looking for about 162,000 vehicles delivered in March. Thatās down from a peak estimate of about 183,000 vehicles. Analysts seem to be reducing numbers, possibly because of the shortage.\nTesla delivered about 181,000 vehicles in theĀ fourth quarter. For the full year 2021, analysts are looking for almost 800,000 vehicle deliveries, up about 60% year over year.\nRBC analystĀ Joe SpakĀ is forecasting 170,000 first-quarter deliveries, up more than 90% year over year. He also forecasts Tesla will make 96,000 cars in California and 74,000 cars in China during the quarter. āConsensus [estimate] looks mostly reasonable,ā wrote Spak in a Thursday report. āWe do look for updates to see how the semi shortage is impactingĀ Teslaāas it has the rest of the industry.ā He sees some additional downside risk to estimates, especially for second-quarter numbers, because of chips.\nSpak rates Tesla stock Hold and has a $725 price target for shares.\nIn the case of Tesla stock, the chip shortage has taken a back seat to rising interest rates. Rising rateshit growth stocksin two main ways. For starters, it makes growth more expensive to finance. NIO isnāt profitable yet. High-growth companies generate most of their cash flow far in the future. That cash flow is worth a little less, relatively speaking, when investors can earn higher interest rates on their cash today.\nTesla stock is down roughly 10% year to date after rising more than 740% in 2020. Shares are down 0.9% in early Friday trading, at $634.40. TheĀ S&P 500is up about 0.7%.","news_type":1},"isVote":1,"tweetType":1,"viewCount":149,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":144590012,"gmtCreate":1626304937436,"gmtModify":1703757355735,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Please Like and comment for coins! Thank you! ","listText":"Please Like and comment for coins! Thank you! ","text":"Please Like and comment for coins! Thank you!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/144590012","repostId":"1146460110","repostType":4,"repost":{"id":"1146460110","pubTimestamp":1626300405,"share":"https://www.laohu8.com/m/news/1146460110?lang=&edition=full","pubTime":"2021-07-15 06:06","market":"us","language":"en","title":"Big bank earnings begin. What Cramer and other market analysts see ahead","url":"https://stock-news.laohu8.com/highlight/detail?id=1146460110","media":"cnbc","summary":"Big banks could be in for a strong earnings season, three market analysts say.\nJPMorgan,Citigroupand","content":"<div>\n<p>Big banks could be in for a strong earnings season, three market analysts say.\nJPMorgan,CitigroupandWells Fargo kicked offthe flurry of reports on Wednesday with their second-quarter results, all ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/big-bank-earnings-begin-jim-cramer-and-other-market-analysts-react.html\">Web Link</a>\n\n</div>\n","source":"cnbc_highlight","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>Big bank earnings begin. What Cramer and other market analysts see ahead</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\">\nBig bank earnings begin. What Cramer and other market analysts see ahead\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-15 06:06 GMT+8 <a href=https://www.cnbc.com/2021/07/14/big-bank-earnings-begin-jim-cramer-and-other-market-analysts-react.html><strong>cnbc</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Big banks could be in for a strong earnings season, three market analysts say.\nJPMorgan,CitigroupandWells Fargo kicked offthe flurry of reports on Wednesday with their second-quarter results, all ...</p>\n\n<a href=\"https://www.cnbc.com/2021/07/14/big-bank-earnings-begin-jim-cramer-and-other-market-analysts-react.html\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"WFC":"åÆå½é¶č”","JPM":"ę©ę ¹å¤§é","GS":"é«ē","BAC":"ē¾å½é¶č”","C":"č±ę"},"source_url":"https://www.cnbc.com/2021/07/14/big-bank-earnings-begin-jim-cramer-and-other-market-analysts-react.html","is_english":true,"share_image_url":"https://static.laohu8.com/72bb72e1b84c09fca865c6dcb1bbcd16","article_id":"1146460110","content_text":"Big banks could be in for a strong earnings season, three market analysts say.\nJPMorgan,CitigroupandWells Fargo kicked offthe flurry of reports on Wednesday with their second-quarter results, all beating expectations thanks to better-than-anticipated loan losses.\nHere's what CNBC's Jim Cramer and two top bank analysts made of the reports:\nCramer, the host of CNBC's\"Mad Money,\"noticed a shift in investor sentiment toward the group:\n\"We're going from companies [where] we've kind of said, 'You know what? Those banks really aren't that great,' to saying, 'Wait a second. Wait a second.Wells FargoandCitiare cheap versus the others because they haven't been doing that well.' I mean, I'm looking at Wells Fargo and I'm saying, 'Eh, nothing special, nothing special, but they beat on [revenue], they beat on expenses, they beat on net interest income,' and then I realize, wow, that's what you want. It's the trifecta. [CEO] Charlie Scharf. He's back. He's bigger than ever. ā¦ To me, it is still a pitiful, helpless giant. But the fact is that he, Charlie Scharf, is making it more efficient and, by the way, honest.\"\nGerard Cassidy, managing director and large-cap bank analyst at RBC Capital Markets, expected higher loan growth in the coming months despite difficult first-quarter comparisons:\n\"When you look at the comps depending on what type of business line, they are either easy or difficult. And if you compare the trading results to the first-quarter levels of '21, those were difficult comps. Investment banking ā¦ especially on a year-over-year basis, those comps were quite strong. But what's interesting to us [is] ā¦ [JPMorganCEO Jamie Dimon] was quite optimistic about the outlook for the economy and that tells us loan growth will start to materialize later this year and next year. In particular, if you look at JPMorgan's credit card receivables ā this is the primary source of consumer borrowing ā on an end-of-period basis, they were up 7%, 28% annualized. So, we anticipate you're going to see more of that from the other companies like Bank of America, Wells Fargo and Citi that report ā¦ in the next day or two.\"\nJason Goldberg, managing director and U.S. large-cap bank equity analyst at Barclays, also had an eye on loan growth afterJPMorgan's promising results:\n\"We'll see what others bring, but certainly as we look out into later this year and into next, we do foresee loan growth accelerating. Loan growth has historically been a lagging economic indicator and all forecasts have the economy continuing to grow and we expect loan growth to follow. ā¦ I think clearly, the investment banking and trading business, while it could be certainly down in the back half of the year versus the first half of the year just given the record first half we've seen, should remain strong. And then on the traditional activities, we think there's room for loan growth to accelerate. Credit quality remains pristine. And I think at this point, interest rates have a lot more room to move higher than lower, and given the vast majority of banks remain asset sensitive, they should benefit from an ultimate increase in rates and steepening in the yield curve. Obviously, rates have come in of late, but certainly, we think there's more room for them to move higher over time.\"","news_type":1},"isVote":1,"tweetType":1,"viewCount":94,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3576100208689627","authorId":"3576100208689627","name":"SunbearInv","avatar":"https://static.laohu8.com/default-avatar.jpg","crmLevel":4,"crmLevelSwitch":0},"content":"hahahhaah","text":"hahahhaah","html":"hahahhaah"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":109093428,"gmtCreate":1619653665164,"gmtModify":1704727349876,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"?? Please like and comment! ","listText":"?? Please like and comment! ","text":"?? Please like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/109093428","repostId":"1137964402","repostType":4,"repost":{"id":"1137964402","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":1619651546,"share":"https://www.laohu8.com/m/news/1137964402?lang=&edition=full","pubTime":"2021-04-29 07:12","market":"us","language":"en","title":"Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks","url":"https://stock-news.laohu8.com/highlight/detail?id=1137964402","media":"Tiger Newspress","summary":"Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65","content":"<p><b>KEY POINTS</b></p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul><p>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</p><p>Apple stock rose over 4% at one point in extended trading.</p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p>Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.</p><p>Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last yearās $50 billion outlay and 2019ā²s $75 billion.</p><p>Hereās how Apple did versus Refinitiv estimates:</p><ul><li><b>EPS</b>: $1.40 vs. $0.99 estimated</li><li><b>Revenue</b>: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-year</li><li><b>Services revenue</b>: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over year</li><li><b>Other Products revenue</b>: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-year</li><li><b>Mac revenue</b>: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>: 42.5% vs. 39.8% estimated</li></ul><p>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasnāt provided revenue guidance since the start of the pandemic, citing uncertainty. This is Appleās second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Appleās strong results in the quarter suggest that the trend may persist as more economies open up.</p><p>Or, as Apple CEO Tim Cook said in a statement: āThis quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.ā</p><p>Mac sales were up 70%, and Cook said that the result was āfueled byā the companyās introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.</p><p>Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p>āWeāre seeing strong first-time buyers on the Mac ā¦ it continues to run just south of 50%,ā Cook told CNBCās Josh Lipton. āAnd, in China, itās even higher than that ā¦ itās more around two-thirds. And that speaks to people preferring to work on the Mac.ā</p><p>Appleās iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarterās results indicate.</p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan, Appleās revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p>Appleās high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p>āWe now have over 660 million paid subscriptions across the services on the platform, and thatās up 40 million from the previous quarter, which is an acceleration from 35 million,ā Cook told CNBC.</p><p>However, Appleās App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p>āThe App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, weāre going to go in and tell our story. And weāll see where it goes. But, weāre confident,ā Cook told CNBC.</p><p>Appleās gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</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>Apple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks</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\">\nApple reports another blowout quarter with sales up 54%, authorizes $90 billion in share buybacks\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\">2021-04-29 07:12</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><b>KEY POINTS</b></p><ul><li>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</li><li>Apple did not issue official guidance for what it expects in the quarter ending in June.</li><li>Apple authorized $90 billion in share buybacks.</li></ul><p>Apple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, and significantly stronger profits than Wall Street expected.</p><p>Apple stock rose over 4% at one point in extended trading.</p><p><img src=\"https://static.tigerbbs.com/4e791f63f460807906f1793c2d58933e\" tg-width=\"1302\" tg-height=\"833\"></p><p>Apple reported double-digit growth in every single one of its product categories, and its most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad sales did better, with its computers up 70.1% and iPad sales growing nearly 79% on an annual basis.</p><p>Apple said it would increase its dividend by 7% to $0.22 per share and authorized $90 billion in share buybacks, which is significantly higher than last yearās $50 billion outlay and 2019ā²s $75 billion.</p><p>Hereās how Apple did versus Refinitiv estimates:</p><ul><li><b>EPS</b>: $1.40 vs. $0.99 estimated</li><li><b>Revenue</b>: $89.58 billion vs. $77.36 billion estimated, up 53.7% year-over-year</li><li><b>iPhone revenue</b>: $47.94 billion vs. $41.43 billion estimated, up 65.5% year-over-year</li><li><b>Services revenue</b>: $16.90 billion vs. $15.57 billion estimated, up 26.7% year over year</li><li><b>Other Products revenue</b>: $7.83 billion vs. $7.79 billion estimated, up 24% year-over-year</li><li><b>Mac revenue</b>: $9.10 billion vs. $6.86 billion estimated, up 70.1% year-over-year</li><li><b>iPad revenue</b>: $7.80 billion vs. $5.58 billion estimated, up 78.9% year-over-year</li><li><b>Gross margin</b>: 42.5% vs. 39.8% estimated</li></ul><p>Apple did not issue official guidance for what it expects in the quarter ending in June. It hasnāt provided revenue guidance since the start of the pandemic, citing uncertainty. This is Appleās second quarter in a row with double-digit growth in all product categories. Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.</p><p>Apple has said in the past months that its business has been boosted by the pandemic as consumers and businesses bought computers to work and entertain themselves while at home. But Appleās strong results in the quarter suggest that the trend may persist as more economies open up.</p><p>Or, as Apple CEO Tim Cook said in a statement: āThis quarter reflects both the enduring ways our products have helped our users meet this moment in their own lives, as well as the optimism consumers seem to feel about better days ahead for all of us.ā</p><p>Mac sales were up 70%, and Cook said that the result was āfueled byā the companyās introduction of its Mac laptops that used its own M1 chips for longer battery life, instead of processors sold by Intel. iPad sales were up nearly 79% year-over-year.</p><p>Neither of those results include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.</p><p>āWeāre seeing strong first-time buyers on the Mac ā¦ it continues to run just south of 50%,ā Cook told CNBCās Josh Lipton. āAnd, in China, itās even higher than that ā¦ itās more around two-thirds. And that speaks to people preferring to work on the Mac.ā</p><p>Appleās iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarterās results indicate.</p><p>In greater China, which includes the mainland, Hong Kong, and Taiwan, Appleās revenue increased over 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic. Every other geographical category, including the Americas and Europe, were also up on an annual basis.</p><p><img src=\"https://static.tigerbbs.com/37a8b45c92174e3c9ab224d9a85f5e2d\" tg-width=\"1910\" tg-height=\"1114\" referrerpolicy=\"no-referrer\"></p><p>Appleās high-margin services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.</p><p>One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.</p><p>āWe now have over 660 million paid subscriptions across the services on the platform, and thatās up 40 million from the previous quarter, which is an acceleration from 35 million,ā Cook told CNBC.</p><p>However, Appleās App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.</p><p>āThe App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, weāre going to go in and tell our story. And weāll see where it goes. But, weāre confident,ā Cook told CNBC.</p><p>Appleās gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.</p>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AAPL":"č¹ę"},"is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1137964402","content_text":"KEY POINTSApple reported a blowout quarter on Wednesday, announcing companywide sales up 54% higher than last year, andĀ significantly stronger profits than Wall Street expected.Apple did not issue official guidance for what it expects in the quarter ending in June.Apple authorized $90 billion in share buybacks.AppleĀ reportedĀ a blowout quarterĀ on Wednesday, announcing companywide sales up 54% higher than last year, andĀ significantly stronger profits than Wall Street expected.Apple stock rose over 4% at one point in extended trading.Apple reported double-digit growth in every single one of its product categories, and itsĀ most important product line, the iPhone, was up 65.5% from last year. Its Mac and iPad salesĀ didĀ better, with its computers up 70.1% and iPadĀ salesĀ growing nearly 79% on an annual basis.Apple said it would increase its dividend by 7%Ā to $0.22 per shareĀ and authorized $90 billion in share buybacks, which is significantly higher than last yearās $50 billion outlayĀ and 2019ā²s $75 billion.Hereās how Apple did versus Refinitiv estimates:EPS:Ā $1.40Ā vs. $0.99 estimatedRevenue:Ā $89.58Ā billionĀ vs. $77.36Ā billionĀ estimated, up 53.7% year-over-yeariPhone revenue:Ā $47.94 billionĀ vs. $41.43Ā billionĀ estimated, upĀ 65.5% year-over-yearServices revenue:Ā $16.90 billionĀ vs. $15.57Ā billionĀ estimated, up 26.7% year overĀ yearOther Products revenue:Ā $7.83Ā billionĀ vs. $7.79Ā billionĀ estimated,Ā up 24%Ā year-over-yearMac revenue:Ā $9.10Ā billionĀ vs. $6.86Ā billionĀ estimated, up 70.1% year-over-yeariPad revenue:Ā $7.80 billionĀ vs. $5.58Ā billionĀ estimated, up 78.9% year-over-yearGross margin:Ā 42.5% vs. 39.8%Ā estimatedApple did not issue official guidance for what it expects in the quarter ending in June. It hasnāt provided revenueĀ guidance since the start of the pandemic, citing uncertainty.Ā This is Appleās second quarter in a row with double-digit growth in all product categories.Ā Apple CFO Luca Maestri told analysts that the company expects June quarter revenue to rise by double digits year-over-year, although it faces some supply shortages due to the worldwide chip shortage.Apple has said in the past months that its business has been boosted by the pandemic as consumersĀ and businessesĀ boughtĀ computersĀ to work and entertain themselves while at home. But Appleās strong results in the quarter suggest that the trend may persist as more economiesĀ open up.Or, as Apple CEO Tim Cook said in a statement: āThis quarter reflects both the enduring ways our products have helped our users meet thisĀ moment in their own lives, as well as the optimism consumers seem to feel about better daysĀ ahead for all of us.āMac sales were up 70%, and Cook said that the result was āfueled byā the companyās introduction of its MacĀ laptopsĀ that used its own M1 chipsĀ for longer battery life, instead of processors sold byĀ Intel.Ā iPad sales were upĀ nearly 79% year-over-year.Neither of thoseĀ resultsĀ include iPad Pro or iMac models the company announced in March, which are expected to drive additional demand.āWeāre seeing strong first-time buyers on the MacĀ ā¦Ā it continues to run just south of 50%,ā Cook told CNBCās Josh Lipton. āAnd, in China, itās even higher than thatĀ ā¦Ā itās more around two-thirds. And that speaks to people preferring to work on the Mac.āAppleās iPhone also reported strong results this quarter, quelling fears that the current annual cycle could slow down. Last year, Apple released iPhones with a new exterior design and 5G support, which many investors believed could prompt a major upgrade cycle, which this quarterās results indicate.In greater China, which includes the mainland, Hong Kong, and Taiwan,Ā Appleās revenue increased overĀ 87% year-over-year to $17.73 billion, although the comparison is to a quarter last year in which China was largely shut down in the early days of the pandemic.Ā Every other geographical category, including the Americas and Europe, were also up on an annual basis.AppleāsĀ high-marginĀ services business, including iCloud, App Store, and subscriptions like Apple Music, also showed 26.7% growth.One metric that Apple uses to show the growth in services is the number of subscriptions it has, which not only include its own subscriptions like Apple One, but also subscriptions through its App Store.āWe now have over 660 million paid subscriptions across the services on the platform, and thatās up 40 million from the previous quarter, which is an acceleration from 35 million,ā Cook told CNBC.However, Appleās App Store has been challenged by lawmakers and companies that say it costs too much and has too much power. A closely-watched trial with Fortnite maker Epic Games over App Store policies kicks off next week.āThe App Store has been an economic miracle. Last year, the estimates are that there was over a half a trillion dollars of economic activity because of the store. And, so, this has been just an economic gamechanger for not only the United States, but several countries around the world. And, weāre going to go in and tell our story. And weāll see where it goes. But, weāre confident,ā Cook told CNBC.Appleās gross margin was also unusually elevated for the company. Most quarters, it tends to be in the 38% to 39% range, but in the quarter ending in March, Apple reported 42.5% margins.","news_type":1},"isVote":1,"tweetType":1,"viewCount":247,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":809959453,"gmtCreate":1627345161972,"gmtModify":1703487932720,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Tesla ?? please Like and comment! ?","listText":"Tesla ?? please Like and comment! ?","text":"Tesla ?? please Like and comment! ?","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":10,"commentSize":2,"repostSize":0,"link":"https://ttm.financial/post/809959453","repostId":"1153028059","repostType":4,"repost":{"id":"1153028059","pubTimestamp":1627340900,"share":"https://www.laohu8.com/m/news/1153028059?lang=&edition=full","pubTime":"2021-07-27 07:08","market":"us","language":"en","title":"Tesla sales surge 98%; company boosts margins on its less-costly electric cars","url":"https://stock-news.laohu8.com/highlight/detail?id=1153028059","media":"Reuters","summary":" -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operati","content":"<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.</p>\n<p>Tesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.</p>\n<p>For the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.</p>\n<p>Shares of the worldās most valuable automaker rose 1.5% in extended trade.</p>\n<p>In a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.</p>\n<p>āThe global chip shortage situation remains quite serious,ā Musk said.</p>\n<p>Still, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.</p>\n<p>Despite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.</p>\n<p>The carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.</p>\n<p>Analysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.</p>\n<p>Excluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.</p>\n<p>Tesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.</p>\n<p>Teslaās profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.</p>\n<p>āTesla impressed with its numbers, as most of its revenue came from vehicle sales,ā Jesse Cohen, senior analyst at Investing.com, said.</p>\n<p>Carmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.</p>\n<p>Tesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.</p>\n<p>But the companyās new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.</p>\n<p>In an aside, Musk said he āmost likely will not be on earnings callsā going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.</p>","source":"lsy1601381805984","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla sales surge 98%; company boosts margins on its less-costly electric cars</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla sales surge 98%; company boosts margins on its less-costly electric cars\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-07-27 07:08 GMT+8 <a href=https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5><strong>Reuters</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on ...</p>\n\n<a href=\"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TSLA":"ē¹ęÆę"},"source_url":"https://www.reuters.com/article/tesla-results/update-4-tesla-sales-surge-98-company-boosts-margins-on-its-less-costly-electric-cars-idUSL4N2P23I5","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1153028059","content_text":"(Reuters) -Tesla Inc posted a bigger second-quarter profit than expected on Tuesday thanks to sharply higher sales of its less-expensive electric vehicles, as it raised prices to boost its margins on them.\nTesla also cut costs which helped it offset many of the supply chain and microchip shortfalls facing the auto industry.\nFor the first time since late 2019, Tesla profits did not rely on sales of environmental credits to other automakers, a sign of increasing financial health for the manufacturing operation. Tesla boosted its performance by cutting features it said were unused or unneeded and raising U.S. vehicle prices.\nShares of the worldās most valuable automaker rose 1.5% in extended trade.\nIn a call with investors and analysts, Tesla executives said that volume production growth will depend on parts availability, and Musk cautioned the shortage of semiconductors will continue.\nāThe global chip shortage situation remains quite serious,ā Musk said.\nStill, Musk said Tesla expects to launch production this year of the Model Y SUV at factories under construction in Texas and Germany. He said the company expects battery cell suppliers to double production next year.\nDespite the pandemic and the supply chain crisis, Tesla posted record deliveries during the quarter, thanks to sales of cheaper models including Model 3 sedans and Model Ys.\nThe carmaker, led by billionaire entrepreneur Elon Musk, said revenue jumped to $11.96 billion from $6.04 billion a year earlier, when its California factory was shut down for more than six weeks due to local lockdown orders to fight the pandemic.\nAnalysts had expected revenue of about $11.3 billion, according to IBES data from Refinitiv.\nExcluding items, Tesla posted a profit of $1.45 per share, easily topping analyst expectations for a profit of 98 cents per share.\nTesla said operating income rose with volume growth and cost reduction, which offset higher supply chain costs, lower regulatory credit revenue and other items including $23 million in losses on investment in cryptocurrency bitcoin.\nTeslaās profitability has often relied on selling regulatory credits to other automakers, but in the second quarter, Tesla was profitable without these credits for the first time since the end of 2019. Its GAAP net income was $1.14 billion in the second quarter. Revenue from the credits only totaled $354 million.\nāTesla impressed with its numbers, as most of its revenue came from vehicle sales,ā Jesse Cohen, senior analyst at Investing.com, said.\nCarmaker Stellantis expects to achieve its European carbon dioxide (CO2) emissions targets this year without environmental credits bought from Tesla.\nTesla said it said it has delayed the launch of the Semi truck program to 2022 to focus on starting factories and due to limited availability of battery cells and other parts this year.\nBut the companyās new 4680 batteries are not ready for volume production; executives said it was difficult to predict when technological challenges would be resolved.\nIn an aside, Musk said he āmost likely will not be on earnings callsā going forward to discuss financial results with investors and analysts. These calls have been a colorful quarterly ritual Musk has used for discourses on Tesla technology, or to fire back at rivals or critics.","news_type":1},"isVote":1,"tweetType":1,"viewCount":119,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":192386492,"gmtCreate":1621146511916,"gmtModify":1704353381289,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Please Like and comment! ","listText":"Please Like and comment! ","text":"Please Like and comment!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":5,"repostSize":0,"link":"https://ttm.financial/post/192386492","repostId":"1163454382","repostType":4,"repost":{"id":"1163454382","pubTimestamp":1621004581,"share":"https://www.laohu8.com/m/news/1163454382?lang=&edition=full","pubTime":"2021-05-14 23:03","market":"us","language":"en","title":"Why AMC Entertainment Stock Jumped Again Friday","url":"https://stock-news.laohu8.com/highlight/detail?id=1163454382","media":"Motley Fool","summary":"AMC investors have reason for more optimism on the heels of another capital raise.Yesterday's jump came after the company announcedit raised $428 million. First, the Centers for Disease Control and Prevention issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.This should allow theaters to open back up at full capacity and be a desirable destination for vaccinat","content":"<blockquote>\n <b>AMC investors have reason for more optimism on the heels of another capital raise.</b>\n</blockquote>\n<p><b>What happened</b></p>\n<p>A day after<b>AMC Entertainment Holdings</b>(NYSE:AMC)</p>\n<p><b>So what</b></p>\n<p>Yesterday's jump came after the company announcedit raised $428 million</p>\n<p>First, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.</p>\n<p>This should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,<b>Walt Disney</b>(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.</p>\n<p><b>Now what</b></p>\n<p>Lower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.</p>\n<p>Vaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.</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>Why AMC Entertainment Stock Jumped Again Friday</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 AMC Entertainment Stock Jumped Again Friday\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-05-14 23:03 GMT+8 <a href=https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company ...</p>\n\n<a href=\"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"AMC":"AMCé¢ēŗæ"},"source_url":"https://www.fool.com/investing/2021/05/14/why-amc-entertainment-stock-jumped-again-friday/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1163454382","content_text":"AMC investors have reason for more optimism on the heels of another capital raise.\n\nWhat happened\nA day afterAMC Entertainment Holdings(NYSE:AMC)\nSo what\nYesterday's jump came after the company announcedit raised $428 million\nFirst, the Centers for Disease Control and Prevention (CDC) issued a new statement on current health and safety protocols saying that fully vaccinated people can resume activities without wearing a mask or physically distancing, including indoors.\nThis should allow theaters to open back up at full capacity and be a desirable destination for vaccinated movie patrons. Also yesterday,Walt Disney(NYSE:DIS)announced its quarterly earnings report, and CEO Bob Chapek noted \"increased production at our studios.\" While that is a positive for theater operators, Disney also reported disappointing subscriber growth in itsstreaming services.\nNow what\nLower streaming subscriptions could be a positive sign for the theater business. As vaccinations continue to roll out, and with the CDC now officially giving its approval to gather indoors with crowds and without masks, theater attendance may resume quickly.\nVaccinations are going to drive people back to activities outside the home. Movie theaters are likely to be a favorite destination after more than a year of mostly watching at home. On the heels of another capital raise, AMC investors may be thinking this company finally has a promising path ahead.","news_type":1},"isVote":1,"tweetType":1,"viewCount":6,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":362014411,"gmtCreate":1614573432133,"gmtModify":1704772572117,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"Please like and comment! Thanks! ","listText":"Please like and comment! Thanks! ","text":"Please like and comment! Thanks!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":6,"commentSize":4,"repostSize":0,"link":"https://ttm.financial/post/362014411","repostId":"1140907630","repostType":4,"repost":{"id":"1140907630","pubTimestamp":1614569389,"share":"https://www.laohu8.com/m/news/1140907630?lang=&edition=full","pubTime":"2021-03-01 11:29","market":"us","language":"en","title":"Berkshireās Busy 2020 Broke a Record Despite Lack of Major Deals","url":"https://stock-news.laohu8.com/highlight/detail?id=1140907630","media":"bloomberg","summary":"Read more about Berkshireās letter hereWarren Buffett made no splashy deals in 2020, and he didnāt w","content":"<p><a href=\"https://laohu8.com/NW/2114358303\" target=\"_blank\">Read more about Berkshireās letter here</a></p><p>Warren Buffett made no splashy deals in 2020, and he didnāt weigh in on some of the yearās most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year oldbillionaire was hardly inactive.</p><p>Berkshire Hathaway Inc. was firing up another engine: stocks -- both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared to 2019.</p><p>The moves signal a carefully forged path in markets sent convulsing by the pandemic and then lifted by stimulus thatās paved the way for heavy retail trading and an unprecedented SPAC boom. And Buffett is sticking close to home -- ultimately becoming a net seller of shares in other companies for the first time since 2016, while his prolific repurchases of Berkshire stock continued into this year with at least $4.2 billion of buybacks through mid-February, according to a regulatory filing Saturday.</p><p>āLast year we demonstrated our enthusiasm for Berkshireās spread of properties by repurchasing the equivalent of 80,998 āAā shares,ā Buffett said in the letter released Saturday. āThat action increased your ownership in all of Berkshireās businesses by 5.2% without requiring you to so much as touch your wallet.ā</p><p>Buffett's War Chest</p><p>Berkshire held more than $138 billion in cash at the end of last year</p><p>Source: Company filings</p><p>Buffett spent a sizable portion of Saturdayās letter delving into buybacks, a substantial shift for an investor who previously had largely shunned the practice and instead favored purchasing big businesses or stocks of other companies. Heloosenedthe buyback policy in 2018 as Berkshireās cash pile kept reaching new heights. And Berkshire stock, which has underperformed the broader market in recent years, continued that trend last year with shares just gaining 2.4% compared to the 16% rally in the S&P 500 Index.</p><p>Buffett had long been careful with buybacks, a trait that harkens back to his days running a partnership. In his letter released in 2019 after the buyback change, he made it clear that he wants investors to be fully informed about the company before they decide to sell their shares back to the firm.</p><p>He spent his recent letter acknowledging that there were investors, including index funds, professional managers and individuals, who were required to hold some Berkshire shares or would be likely to come and go based on their investing judgment. Heād still stick by the investors who want to invest for the long term, he added.</p><p>āCharlie and I would be less than human if we did notfeela special kinship with our fifth bucket: the million-plus individual investors who simply trust us to represent their interests, whatever the future may bring,ā Buffett said in his letter released Saturday, referring to long-time business partner, Charlie Munger. āThey have joined us with no intent to leave, adopting a mindset similar to that held by our original partners.ā</p><p>Cash Pile</p><p>Berkshire still has more than $138 billion in cash to deploy. A portion of the never-ending cash flow will be sucked up by two of its businesses, the railroad and energy operations, and Buffett said the incremental investment will probably generate āappropriateā returns. Railroad BNSF has invested $41 billion in fixed assets, and has paid $41.8 billion in dividends to the conglomerate since its purchase in 2010, Buffett said in his letter.</p><p>While the attractiveness of share buybacks might come or go based on the marketās price for Berkshire, the conglomerate still has those two large operations that continuously help reinvest funds, according to shareholder Thomas Russo. That, Russo argues, helps ease the pressure on Berkshire to do an āelephant-sized acquisitionā to generate more returns.</p><p>āHe doesnāt really have to find the elephant because he has two elephants already corralled that need to be fed,ā said Russo, who oversees a portfolio including Berkshire at investment adviser Gardner Russo & Gardner. āOne of them is Burlington Northern and one of them is Berkshire Hathaway Energy. He can deploy tens of billions of dollars on an ongoing basis, bringing bothup tostandard,ā and then still have funds to deploy in an acquisition.</p><p>One of Berkshireās top three most valuable assets these days is actually a $120 billion holding of Apple Inc. shares, an investment he likened in importance to the railroad. Berkshire hasended upwith an even larger portion of the companyās shares thanks in part to Appleās own appetite for buybacks, Buffett acknowledged in the letter.</p><p>What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy Policyand Terms of Service.</p><p>āHeās redefined what an elephant can be,ā said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. āAn elephant can be thought of as a 5.4% interest in Apple.ā</p><p>Some of Berkshireās major tweaks to its $281 billion stock portfolio last year were done to reposition its holdings. Throughout 2020, Buffettās company cut its holdings in banks, insurance and finance firms -- an exposure that constituted more than 41% of the portfolio at the end of 2019 -- to just 24% of the portfolio by the end of last year. He alsodumpedhis airline stocks earlier in the pandemic.</p><p>Chevron, Verizon</p><p>The company did find stocks tobuylast year, including two large stakes in Chevron Corp. and Verizon Communications Inc., plus some purchases of pharmaceutical companies. Berkshire alsobought$6 billion worth of stock in five of Japanās biggest trading companies.</p><p>āHeās been a net seller, however, more recently it seems like heās identified some opportunities, buying blocks of Japanese industrial stocksā and some health care stocks, Jim Shanahan, an analyst at Edward D. Jones & Co., said in an interview. āHe is finding some value given all the limitations. He canāt put a substantial amount of capital to work into any individual stock unless itās a large one. But being willing to consider investments in a basket of similar companies creates a little bit more opportunity for them too.ā</p><p>Buffett made little mention in this yearās letter about one of the looming questions over the conglomerate: Succession. The investor, whoāsreceivedhis coronavirus vaccine, proved heās still willing to travel by announcing heāll head to Los Angeles to film this yearās annual meeting alongside Munger, 97, who wasnāt able to make it to last yearās event in Omaha, Nebraska.</p><p>āThis year our meeting will be held in Los Angeles. . .and Charlie will be on stage with me offering answers and observations throughout the 3 1/2-hour question period,ā Buffett said in the letter. āI missed him last year and, more important, you clearly missed him.ā</p>","source":"lsy1584095487587","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>Berkshireās Busy 2020 Broke a Record Despite Lack of Major Deals</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\">\nBerkshireās Busy 2020 Broke a Record Despite Lack of Major Deals\n</h2>\n\n<h4 class=\"meta\">\n\n\n2021-03-01 11:29 GMT+8 <a href=https://www.bloomberg.com/news/articles/2021-02-28/berkshire-s-busy-2020-broke-a-record-despite-lack-of-major-deals><strong>bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Read more about Berkshireās letter hereWarren Buffett made no splashy deals in 2020, and he didnāt weigh in on some of the yearās most contentious topics in his much-anticipated annual letter. Behind ...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2021-02-28/berkshire-s-busy-2020-broke-a-record-despite-lack-of-major-deals\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"https://static.tigerbbs.com/480431b5715196c0e96044cc36788e36","relate_stocks":{"BRK.A":"ä¼Æå åøå°","BRK.B":"ä¼Æå åøå°B"},"source_url":"https://www.bloomberg.com/news/articles/2021-02-28/berkshire-s-busy-2020-broke-a-record-despite-lack-of-major-deals","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"1140907630","content_text":"Read more about Berkshireās letter hereWarren Buffett made no splashy deals in 2020, and he didnāt weigh in on some of the yearās most contentious topics in his much-anticipated annual letter. Behind the scenes, the 90-year oldbillionaire was hardly inactive.Berkshire Hathaway Inc. was firing up another engine: stocks -- both buying its own and trading others. The conglomerate snapped up $24.7 billion of Berkshire shares last year, a stark record for the business sitting atop a $138 billion cash pile. It also almost doubled the volume of buying and selling of other stocks compared to 2019.The moves signal a carefully forged path in markets sent convulsing by the pandemic and then lifted by stimulus thatās paved the way for heavy retail trading and an unprecedented SPAC boom. And Buffett is sticking close to home -- ultimately becoming a net seller of shares in other companies for the first time since 2016, while his prolific repurchases of Berkshire stock continued into this year with at least $4.2 billion of buybacks through mid-February, according to a regulatory filing Saturday.āLast year we demonstrated our enthusiasm for Berkshireās spread of properties by repurchasing the equivalent of 80,998 āAā shares,ā Buffett said in the letter released Saturday. āThat action increased your ownership in all of Berkshireās businesses by 5.2% without requiring you to so much as touch your wallet.āBuffett's War ChestBerkshire held more than $138 billion in cash at the end of last yearSource: Company filingsBuffett spent a sizable portion of Saturdayās letter delving into buybacks, a substantial shift for an investor who previously had largely shunned the practice and instead favored purchasing big businesses or stocks of other companies. Heloosenedthe buyback policy in 2018 as Berkshireās cash pile kept reaching new heights. And Berkshire stock, which has underperformed the broader market in recent years, continued that trend last year with shares just gaining 2.4% compared to the 16% rally in the S&P 500 Index.Buffett had long been careful with buybacks, a trait that harkens back to his days running a partnership. In his letter released in 2019 after the buyback change, he made it clear that he wants investors to be fully informed about the company before they decide to sell their shares back to the firm.He spent his recent letter acknowledging that there were investors, including index funds, professional managers and individuals, who were required to hold some Berkshire shares or would be likely to come and go based on their investing judgment. Heād still stick by the investors who want to invest for the long term, he added.āCharlie and I would be less than human if we did notfeela special kinship with our fifth bucket: the million-plus individual investors who simply trust us to represent their interests, whatever the future may bring,ā Buffett said in his letter released Saturday, referring to long-time business partner, Charlie Munger. āThey have joined us with no intent to leave, adopting a mindset similar to that held by our original partners.āCash PileBerkshire still has more than $138 billion in cash to deploy. A portion of the never-ending cash flow will be sucked up by two of its businesses, the railroad and energy operations, and Buffett said the incremental investment will probably generate āappropriateā returns. Railroad BNSF has invested $41 billion in fixed assets, and has paid $41.8 billion in dividends to the conglomerate since its purchase in 2010, Buffett said in his letter.While the attractiveness of share buybacks might come or go based on the marketās price for Berkshire, the conglomerate still has those two large operations that continuously help reinvest funds, according to shareholder Thomas Russo. That, Russo argues, helps ease the pressure on Berkshire to do an āelephant-sized acquisitionā to generate more returns.āHe doesnāt really have to find the elephant because he has two elephants already corralled that need to be fed,ā said Russo, who oversees a portfolio including Berkshire at investment adviser Gardner Russo & Gardner. āOne of them is Burlington Northern and one of them is Berkshire Hathaway Energy. He can deploy tens of billions of dollars on an ongoing basis, bringing bothup tostandard,ā and then still have funds to deploy in an acquisition.One of Berkshireās top three most valuable assets these days is actually a $120 billion holding of Apple Inc. shares, an investment he likened in importance to the railroad. Berkshire hasended upwith an even larger portion of the companyās shares thanks in part to Appleās own appetite for buybacks, Buffett acknowledged in the letter.What's moving marketsStart your day with the 5 Things newsletter.EmailBloomberg may send me offers and promotions.Sign UpBy submitting my information, I agree to thePrivacy PolicyandĀ Terms of Service.āHeās redefined what an elephant can be,ā said James Armstrong, who manages assets including Berkshire shares as president of Henry H. Armstrong Associates. āAn elephant can be thought of as a 5.4% interest in Apple.āSome of Berkshireās major tweaks to its $281 billion stock portfolio last year were done to reposition its holdings. Throughout 2020, Buffettās company cut its holdings in banks, insurance and finance firms -- an exposure that constituted more than 41% of the portfolio at the end of 2019 -- to just 24% of the portfolio by the end of last year. He alsodumpedhis airline stocks earlier in the pandemic.Chevron, VerizonThe company did find stocks tobuylast year, including two large stakes in Chevron Corp. and Verizon Communications Inc., plus some purchases of pharmaceutical companies. Berkshire alsobought$6 billion worth of stock in five of Japanās biggest trading companies.āHeās been a net seller, however, more recently it seems like heās identified some opportunities, buying blocks of Japanese industrial stocksā and some health care stocks, Jim Shanahan, an analyst at Edward D. Jones & Co., said in an interview. āHe is finding some value given all the limitations. He canāt put a substantial amount of capital to work into any individual stock unless itās a large one. But being willing to consider investments in a basket of similar companies creates a little bit more opportunity for them too.āBuffett made little mention in this yearās letter about one of the looming questions over the conglomerate: Succession. The investor, whoāsreceivedhis coronavirus vaccine, proved heās still willing to travel by announcing heāll head to Los Angeles to film this yearās annual meeting alongside Munger, 97, who wasnāt able to make it to last yearās event in Omaha, Nebraska.āThis year our meeting will be held in Los Angeles. . .and Charlie will be on stage with me offering answers and observations throughout the 3 1/2-hour question period,ā Buffett said in the letter. āI missed him last year and, more important, you clearly missed him.ā","news_type":1},"isVote":1,"tweetType":1,"viewCount":11,"authorTweetTopStatus":1,"verified":2,"comments":[{"author":{"id":"3573557817579971","authorId":"3573557817579971","name":"3SPY","avatar":"https://static.tigerbbs.com/d0da4d80440800d9415c7b37917c8288","crmLevel":2,"crmLevelSwitch":0},"content":"Commented, Pls response to this comMeNt back, thank you","text":"Commented, Pls response to this comMeNt back, thank you","html":"Commented, Pls response to this comMeNt back, thank you"}],"imageCount":0,"langContent":"EN","totalScore":0},{"id":890068830,"gmtCreate":1628067937920,"gmtModify":1703500598284,"author":{"id":"3571627110799155","authorId":"3571627110799155","name":"JJQ","avatar":"https://static.tigerbbs.com/a1583dfc728890d33cf4ad0811d5ce30","crmLevel":7,"crmLevelSwitch":1},"themes":[],"htmlText":"<a href=\"https://laohu8.com/S/AMC\">$AMC Entertainment(AMC)$</a>HODL! 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